Solar power could get even more affordable as scientists discover way to replace platinum components with 3D graphene
‘Although solar power is one of the most popular forms of green energy, it certainly is not without flaw. For example, according to Diana Furchtgott-Roth, Director of Economics at the Manhattan Institute, solar energy is responsible for less than one percent of the country’s electricity, yet it costs almost twice as much to produce as natural gas. However, with technology advancing everyday, Americans are constantly finding new ways to manufacture products so that they are cheaper yet just as effective.
Dye-sensitized solar cells, which are one of the most promising types of solar cells in existence, are very efficient at transforming sunshine into energy, yet they are very expensive. This is because dye-sensitized solar cells are made primarily out of platinum, which costs a whopping $1,500 an ounce. Obviously, the cost of producing these cells is passed along to the consumer, making them anything but affordable.’
Read more: Solar power could get even more affordable as scientists discover way to replace platinum components with 3D graphene
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