4) solar costs are most sensitive to sovereign bond yields and exchange-rate pass-through, whereas wind costs decrease with GDP per capita and foreign direct investment.

3) global learning accounts for 60–75% of country solar cost declines but virtually none of wind’s (local price pressures negating most wind power learning).

...

4 main findings:

1) country price dispersion is widening, roughly twice as fast for wind as for solar.

2) country cost rankings are highly persistent.

...

I want to give a huge thanks to all the people (staff and especially students) who made my nearly 5 years at Oxford such a joy, and all the people from CECAN, Surrey, Westminster, and beyond, before then who helped and inspired me. Thank you!

I will also be an associate at @inetoxford.bsky.social and hope to keep very much involved in The Agile Initiative (but we haven’t quite finalised plans there yet!).

I will be teaching my master's elective course on complexity and systems thinking for environment there once a year, and continuing to supervise a group of amazing PhD students.

I am sad to be leaving Oxford of course, but could not bring myself to break ties fully, so will remain at the @ecioxford.bsky.social, as a teaching associate.

Of course, the pull of a permanent post, close to home, in such an amazing institution, was a big factor too. I feel very privileged and lucky to have got such a position, given the crazy economics, precarity, and career options in academia.

I will be researching and teaching much the same stuff as I do already (phew!), and believe this new-ish department, with a radical commitment to interdisciplinarity, will be a great fit for my work.

@doynefarmer.bsky.social @cameronhepburn.bsky.social @inetoxford.bsky.social @ecioxford.bsky.social @oxfordgeography.bsky.social

Decision-makers who understand how to work with these dynamics will have the advantage in navigating the transition...