Build a better mouse trap?

United States
July 16, 2007 5:20pm CST
They say that if you build a better mouse trap, the world will beat a path to your door. Well, we are about to learn if this is true. Some Korean scientists have built a better cheaper solar cell. This new solar cell is cheaper than current solar cells by a factor of 20. They are not even done improving the new design. They expect to have it improved and on the market by 2012. Horray for them. I very much hope this ingenious people all become very rich. Their invention is a boon to everyone on the planet. Read about it here: http://english.chosun.com/w21data/html/news/200707/200707130022.html What do you think? Should these guys make a ton of money? Can this really help alleviate the energy crisis?
4 people like this
4 responses
@speakeasy (4215)
• United States
16 Jul 07
Help, yes. Solve, no. I was reading a different article today that said that a lot of people believe solar energy is the key to meet future energy needs; but, very little research is being done on it here in the US. The reason was that the federal research dollars are being snatched up by farm states for research into biofuels. The farmers have huge lobbies and lots of "campaign contributions" are being turned into research dollars in this field. The solar energy producers don't have that much money to "contribute" and the little bit they are getting back for their dollars is in the form of "tax cuts" to consumers who purchase the end product; which helps with sales - nothing for researching better or more effective means of collecting, converting, or storing solar energy. These new solar cells will help; but, a lot more is needed for solar power to really make a difference. Personally, I think we should be looking at solar for home and business use and leaving the "biofuels" for transportation use. That would make more sense.
3 people like this
• United States
17 Jul 07
Yes, these particular solar cells can only help, not solve the energy crises. However, one more jump forward in solar cell technology as large as this one will pretty close to do the trick.
3 people like this
@EvanHunter (4028)
• United States
17 Jul 07
I think they will most definately make a ton of money. But I have serious doubts of this ever reaching the light of day. I expect they will be bought out and that the product will probably never make it to market.
• United States
17 Jul 07
I understand what you are saying, but think that the fact it is being developed in Korea will result in it being unstoppable from being marketed at least somewhere in the world. If it is marketed somewhere, it will be sold, too, in the USA eventually. The scientists developing this product are doing the whole world a good turn. They deserve to make a fortune.
3 people like this
@ladyluna (7004)
• United States
19 Jul 07
Excellent discussion Redyellowblackdog!!! I had not seen this anywhere else. Wow, yes they should make a mint. Poor energy storage devices are a very serious deterrent to solar improvements, as well as automotive improvements. Yippee, this could really open up the alternative energy world. Thanks for sharing!
1 person likes this
• United States
19 Jul 07
Happy to share any info concerning technological development.
2 people like this
@gardengrrl (1445)
• United States
16 Jul 07
I certainly hope so! It is shameful and disgusting how little support solar energy research gets from our government. I have always hoped someone would come up with a better, cheaper solar panel. We need to find a way to make solar a viable option for anything that doesn't move, as well as a few things that do. I hope these folks make billions and become the Bill Gates of solar energy!
1 person likes this
• United States
17 Jul 07
Yes! It's a fact that if solar cells ever became cheap enough, all homes and many business' could disconnect from the power grid. The shortage of research funds for solar has a lot to do with the political power of the oil industry, the power industry, and even banks. All these stand to lose money intially if a cheap practical solar cell gets invented.
3 people like this