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patrickc's profile
Patrick Collison
Patrick Collison
Patrick Collison
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@patrickc

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Patrick CollisonVerified account

@patrickc

Fallibilist, optimist. Stripe CEO.

patrick@stripe.com
patrickcollison.com
Joined April 2007

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    Patrick Collison‏Verified account @patrickc May 14
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    Patrick Collison Retweeted Ramez Naam

    Clearest picture I’ve seen of Wright’s Law pulling down solar prices. 🌞📉 (This is why we’re so eager to fund carbon capture!)https://twitter.com/ramez/status/1261011835693568001 …

    Patrick Collison added,

    Ramez NaamVerified account @ramez
    And this chart tells us that solar learning is fast. Incredibly fast. Solar electricity costs are dropping by an incredible 30-40% per doubling. That's consistent across all 7 data series on this chart. 8/20 pic.twitter.com/uin3sZ5iv9
    Show this thread
    12:39 PM - 14 May 2020
    • 74 Retweets
    • 686 Likes
    • brad houghton Barbara Anna Zielonka Marcel Moran Oscar Contreras John Adams Shawn Burnam Deputy "Wash my Paws" Dawg Hector Matsaganis Tideland
    12 replies 74 retweets 686 likes
      1. Ramez Naam‏Verified account @ramez May 14
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        Replying to @patrickc

        Hey, thanks, Patrick. I love what @orbuch has brought to that space. I know he and the team are talking to my portfolio company https://nori.com/ . (Who sometimes pitch themselves as "Stripe for carbon removal" :) )

        0 replies 1 retweet 12 likes
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      2. Ashwin Varma‏ @varma_ashwin97 May 14
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        Replying to @patrickc

        It's awesome, but I don't think "Wright's Law" is being used correctly. Usually it refers to cost reductions every production doubling of a *particular model of plane over the production life*. Ie, the 500th Boeing 777 is cheaper than the first but 777 is > expensive than a 707.

        2 replies 0 retweets 4 likes
      3. Kishavan‏ @KishavanBhola May 14
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        Replying to @varma_ashwin97 @patrickc

        What's inconsistent? Seems like a clear extension of that definition: a relative decrease in solar price per MWh for a constant increase in the total MW of solar deployed. At the cumulative level, you get an exponential decrease in price https://rameznaam.com/wp-content/uploads/2020/05/Solar-Costs-Decline-as-a-function-of-scale-linear-Naam-2020-No-learning-rates.jpg …

        0 replies 0 retweets 2 likes
      4. End of conversation
      1. New conversation
      2. Flyboard Ireland‏ @flyboardireland May 14
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        Replying to @patrickc

        Even on small local levers here in Limerick €61 for a 275 watt panel makes them cheap enough to put up for the crack when it’s extra sunny !pic.twitter.com/OJheD3qvlB

        1 reply 0 retweets 5 likes
      3. Flyboard Ireland‏ @flyboardireland May 14
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        Replying to @flyboardireland @patrickc

        *level

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. Jake Seliger‏ @seligerj May 14
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        Replying to @patrickc

        Climeworks has a CC subscription for everyday persons: https://www.climeworks.com/ . I don't know whether it's the most efficacious way for an average person to bury some CO2 (apart from not emitting it in the first place), but it is a way.

        0 replies 0 retweets 1 like
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      1. Peter Hudson‏ @HudPeter May 14
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        Replying to @patrickc

        TIL: Swanson's Law (2010's solar panel install cost drops 20% for every doubling of installed capacity) is actually a special case of Wright's Law (1920's aircraft production costs decrease by 15% for each doubling of manufacturing).

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      1. Enda Keane‏ @Enda_Keane May 14
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        Replying to @patrickc

        Try also planting some trees @patrickc as part of your carbon capture activity. Create some woodland habitat and wood products for the future. Sustainable forestry.

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      2. Sebastian Sylvan‏ @ssylvan May 14
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        Replying to @patrickc @Jonathan_Blow

        Is that really true? Solar goes to zero because there's no good storage solution it's given away during over capacity (and during under capacity you have to buy e.g. NG, so real cost household is still high). Looking at just the solar price is missing half the picture.

        1 reply 0 retweets 0 likes
      3. Sebastian Sylvan‏ @ssylvan May 14
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        Replying to @ssylvan @patrickc @Jonathan_Blow

        If we had some good storage solution then solar wouldn't be so cheap because they'd charge batteries and sell it to you at night (but you wouldn't have to buy NG to back fill). That would be the real price. Right now the Solar + whatever baseload you use is the effective price.

        0 replies 0 retweets 1 like
      4. End of conversation

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