The University announced that the 100 million square feet of steel that they produce could add 4,500 gigawatts to the grid annually. To that, I say "whoops... you seem to have made a typo," because I'm pretty sure they mean 4,500 gigawatt-hours.
But that is still an enormous number. 4,500 gigawatts is about a third of the generating capacity of the entire world... so I think it's safe to assume that every single publication (and there are lots) running this story has overlooked a pretty glaring typo.
The steel would be "painted' with the solar cells in the factory, hopefully at a rate no slower than current paints are applied. The research has spawned a $3M grant and has been expanded to include several universities including Bangor University, University of Bath, and the Imperial College London.
The technology remains lab-bound for now. Scientists working on the project hope to have 5% efficient solar steel paint in the relatively near future.
Two questions remain: Will it be worth redesigning the electricity grid to accept and pay for power from such small providers? And will the added cost of the solar "panels" and a DC to AC inverter prohibit the technology?
See the original press release (complete with glaring typo) at Swansea University
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