LEARNING CURVE CALCULATOR

Year

_{ }

Cumulativeproduction

GW_{p}

Averagemodule price

USD AUD CAD CNY EUR GBP JPY KRW NTD gAg gAu USD/W_{p}

Computation time 0.016 s.

This calculator evaluates the expansion of the photovoltaic (PV) industry in terms of the cumulative production and price of PV modules. It can be used to determine the 'learning rate' of the PV industry and to predict module prices in the future.

Module prices are adjusted for inflation using a yearly average index derived from the US inflation calculator. Exchange rates are a yearly average rate derived from FXTop.

A learning curve should, in theory, be derived from the cost of manufacture. Due to a lack of data on manufacturing costs, here it is defined in terms of an average sales price (ASP) by the equation ASP = a∙CPᵇ, where CP is the cumulative production. The learning rate is then calculated as R = exp[b∙ln(2)]. Read more about the learning curve here.

Please email corrections, comments or suggestions to support@pvlighthouse.com.au.

Neither PV Lighthouse nor any person related to the compilation of this calculator make any warranty, expressed or implied, or assume any legal liability or responsibility for the accuracy, completeness or usefulness of any information disclosed or rendered by this calculator.

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