Wednesday, June 14, 2006

The Economics of Electric Cars & Solar Power

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The Economics of Electric Cars & Solar Power

One might think that there qould be 1,000's of listings for each of these. There are eight for one and ten for the other.

I was curious to find out the answer to the following question:

If the government were to 100% subsidise the installation of solar panels on houses with the primary purpose of charging a set of batteries for an electric car purchased by the home owner, how much of a reduction in dependence on foriegn oil would this buy, given today's prices for solar panels and today's efficiencies for electric cars? I am assuming that the car is designed for two sets of batteries, one to stay at home charging, while the other is out driving, which strikes me as the only sane way to go about this situation. The panels would hav e to be cabable of fully recharging the batteries for 120 miles of travel in one moderately sunny day.


This turns out to be information which is hard to find, but I will work on it.

technorati tags: solar electric cars government subsidy economics panels

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