Patel: 100x scale drives 70% cost reduction across climate tech
Mark Patel · A macro view on the state of climate tech · Jun 3, 2024 · at 4:02
Mark Patel, partner at McKinsey, highlights a key learning curve heuristic discovered from analyzing case studies across twelve climate technology sectors.
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“If you can drive a hundred X scaling, then you can drive 70% cost down. That appears to be a relatively consistent theme, regardless of the maturity of the technology.”
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