Today’s NY Times article examining China’s efforts to flood the market with cheap solar panels identifies an enduring conflict in the Biden clean-energy agenda: you can’t have both cheap panels and panels made in the US. And for Biden, one without the other is a loss.
Cheap panels mean a speedy transition, more solar farms, more clean electricity, more progress toward his net-zero goals. But cheap panels are made in China. So, more solar development necessarily means more investment in the Chinese solar supply chain, and necessarily less invested in onshoring that supply–bye bye CubicPV!
However, if Biden goes all out, incentivizing, and (hopefully) ultimately relying on, domestically manufactured solar, then the price will inevitably increase, meaning a slower transition, less development, less progress. Slower progress means less wins, which for Biden is essentially the same thing as a loss.
This problem isn’t going away. Navigating it will be difficult, if not impossible. And what’s so frustrating is that this problem is essentially the result of our giving up our competitive advantage so long ago. Not just on solar, but all things manufactured.
Energy Values Lab 