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Solar Cell Inventor Wins Millennium Prize

adeelarshad82 writes "The inventor of a new type of solar cell won the Finnish state and industry-funded, €800,000 ($1.07 million), Millennium Technology Prize. According to the foundation, Michael Graetzel's dye-sensitized solar cells, known as Graetzel cells, could be a significant contributor to the future energy technologies due to their excellent price-performance ratio."

9 of 147 comments (clear)

  1. Decrease, not increase by Anonymous Coward · · Score: 3, Insightful

    I still think we should decrease our use of energy, instead of inventing new ways to increase its production.

    Dr. Pekka Paisti

    1. Re:Decrease, not increase by Anonymous Coward · · Score: 5, Insightful

      You are right. And naive.

    2. Re:Decrease, not increase by PhongUK · · Score: 5, Insightful

      In order to decrease our use of energy, or atleast to have any chance of doing it at all, we need to stop making babies.

    3. Re:Decrease, not increase by kcelery · · Score: 3, Insightful

      Everyone seems to have the same idea as yours, but they don't seem to agree upon whose babies.

    4. Re:Decrease, not increase by Dr.+Spork · · Score: 5, Insightful

      You're actually wrong. The sort of people who are upgrading computers and plasma screens (North Americans, Europeans and similar) are actually not increasing their per-capita energy use each year. They're the same people who are upgrading their insulation, light bulbs, etc.

      All the increases in energy use is from the global poor, the people who are just now acquiring computers, light bulbs and cars. And I know that orthodox environmentalists disagree with me on this, because they're assholes and want the destitute to stay destitute, but I say that it is a good thing that the world's poor are using more energy. A life with any reasonable standard of living is necessarily going to involve some significant energy use, and if we want people to escape from poverty (and the non-assholes among us do), we have to welcome this.

      Those of us who waste energy should cut down, but not to the point of making ourselves poor. And since that won't save nearly enough energy to allow to poor to escape poverty, what we need is a lot more energy. I would guess at least 10 terrawatts more. It's that simple. Solar will help.

    5. Re:Decrease, not increase by Firethorn · · Score: 4, Insightful

      Not only that, I love how people say that we can simply reduce usage over building new power plants, then turn around and rave how electric cars are going to solve all of our problems.

      The 'average' household uses something around 700-1400 kwh a month.
      The 'average' electronic vehicle gets about 5 miles to the kwh, and the average vehicle is driven around 10-15k miles a year.
      Don't forget that the average household is 2 cars today.

      So, you're looking at probably around a 22% increase in electricity usage if people go to EVs. You just can't reduce energy usage that much via other means, especially when you also have 5% growth in population/households on top of it.

      Still, I salute the inventer in the op, because he's, well, actually addressing the problem. The moment I can make solar panels make sense in a cost-benefit analysis is when I recommend all my relatives in Florida get them.

      I'm moving to Alaska(work), so they'd probably still have to come down in price another 50% before they'd make sense for me.

      Until I was informed of my exciting new opportunity, I was looking at a wind turbine for the small town I live in - because a turbine big enough to power a town costs a lot less per watt of capacity, and by reaching higher has steadier wind, resulting in lower costs when you factor the cost of the turbine into the cost per kwh it produces. Small $10k turbine = 5k kwh per year, expensive. $1M turbine = 1M kwh per year, much better. These figures are example only. Actual production is so location dependent it's hard to put proper figures on.

      --
      I don't read AC A human right
    6. Re:Decrease, not increase by hey! · · Score: 3, Insightful

      Then increase the price. That's the only way.

      The problem is that the practical effect of this falls disproportionately on the poor (as do the negative effects of current energy production). The wealthy have to adjust the distribution of their investments -- an inconvenience. The poor have to endure cold, give up that job that's too far to walk to, cut back on food which has become more expensive.

      Let's say the price of energy doubled overnight. A lot of us would lose our jobs as investments were shuffled around. But for those of us who didn't lose our jobs, we wouldn't go without. We'd have food, heat, transportation. We wouldn't stay home during vacation. We'd alter our use of energy by changing the kind of car we bought next time around, or keeping our thermostats set differently. We might go to one place instead of taking a driving vacation. In the short term the low inflation caused by lost employment would blunt the impact of the price increases, and in a few years we wouldn't even notice the difference.

      I'm all for conservation through tax credits, incentives, even carbon taxes with provisions for blunting the impact on people who will feel it the most. But we've had all our energy eggs in one basket for the last century: cheap oil. Moving some or even most of those eggs to the conservation basket is a good idea, but we can't do it overnight and we certainly can't move all of them.

      What's the "right" amount of energy to consume? That's a meaningless question when asked in isolation. You need to ask "for what" and "from what sources" and "with what impact?" Clearly the answer for fossil fuels, given their externalized impacts (pollution) and future availability (dwindling) is that we should be using less of them. But conservation is no more a panacea for our energy problems than nuclear power is.

      --
      Post may contain irony: discontinue use if experiencing mood swings, nausea or elevated blood pressure.
    7. Re:Decrease, not increase by Bemopolis · · Score: 3, Insightful

      So, you're looking at probably around a 22% increase in electricity usage if people go to EVs.

      And around a 100% reduction in the use of gasoline. You see, that's why it's called a cost-BENEFIT analysis.

      --
      "I guess the moral of the story is, don't paint your airship with rocket fuel." -- Addison Bain
  2. Re:Finland pays again by captainpanic · · Score: 4, Insightful

    As a Finnish taxpayer, I'm happy that my government is once again giving my tax money to foreigners, rather than keeping Finnish hospitals going. No, really, I'm sure that photovoltaic cells will do a lot of good to us here in the Arctic Circle where the Sun shines a few hours a day most of the year. Really, it's better to spend money on useless shit like this than to treat rheumatic children.

    Your government has spent loads to subsidize innovation. The Espoo campus (near Helsinki) is brand new, and produces a lot of knowledge which in turn keeps the Finnish knowledge-economy running. Finland is doing quite well because of these investments (it attracts companies).

    However, science is an international effort, and it's only fair to award a prize to whoever is the best... And why wouldn't you have some research on solar cells in Finland? It's not like you are actually investing in the production and implementation. It's just research. You can do solar cell research in the basement or any other place where the sun never shines, as long as you have the right equipment.

    Of course, healthcare is important. Finnish healthcare is among the best in the world... and already heavily subsidized. Perhaps you found that 1 single example where something went wrong, but the tone of your reply is in contrast with the Finnish reality.