This will make solar the cheapest type of clean energy.
Nowack is currently raising money so that he could get his collimator tiles installed on the ISS. He also has plans to launch satellites equipped with the same technology in the future. “Once we’re at that stage, we’ll know how cheap the manufacturing gets, how expensive the set-up is, fixed costs, operating costs. Then we'll have a better idea of how this stacks up against fossil fuel plants. Making this cheaper than everything else, that’s the challenge,” Nowack told Vice.
Space-based solar reflector technology also comes with many challenges. For instance, uncontrolled amounts of redirected light could harm plants, animals, and insects. The reflectors require a large establishment area in space. Plus, in case, the whole setup is required to be transported in space to a new location, the cost of such operations is huge.
Nowack is working to overcome many of these limitations and believes that the challenges should not be taken as an excuse to completely ignore the vast reflectors present before the world. He believes that his collimator tiles have the potential to shut down fossil fuel plants and cut down the prices of solar energy by over 90 fold.in the modern world, he said “it’s an enormous national security risk if China has access to electricity for 10 or 100 times cheaper than the US does.”
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