How Solar Energy Became Cheap

Download or read book How Solar Energy Became Cheap written by Gregory F. Nemet and published by Routledge. This book was released on 2019-05-20 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: Solar energy is a substantial global industry, one that has generated trade disputes among superpowers, threatened the solvency of large energy companies, and prompted serious reconsideration of electric utility regulation rooted in the 1930s. One of the biggest payoffs from solar’s success is not the clean inexpensive electricity it can produce, but the lessons it provides for innovation in other technologies needed to address climate change. Despite the large literature on solar, including analyses of increasingly detailed datasets, the question as to how solar became inexpensive and why it took so long still remains unanswered. Drawing on developments in the US, Japan, Germany, Australia, and China, this book provides a truly comprehensive and international explanation for how solar has become inexpensive. Understanding the reasons for solar’s success enables us to take full advantage of solar’s potential. It can also teach us how to support other low-carbon technologies with analogous properties, including small modular nuclear reactors and direct air capture. However, the urgency of addressing climate change means that a key challenge in applying the solar model is in finding ways to speed up innovation. Offering suggestions and policy recommendations for accelerated innovation is another key contribution of this book. This book will be of great interest to students and scholars of energy technology and innovation, climate change and energy analysis and policy, as well as practitioners and policymakers working in the existing and emerging energy industries.

Download or read book Taming the Sun written by Varun Sivaram and published by MIT Press. This book was released on 2019-02-26 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: How solar could spark a clean-energy transition through transformative innovation—creative financing, revolutionary technologies, and flexible energy systems. Solar energy, once a niche application for a limited market, has become the cheapest and fastest-growing power source on earth. What's more, its potential is nearly limitless—every hour the sun beams down more energy than the world uses in a year. But in Taming the Sun, energy expert Varun Sivaram warns that the world is not yet equipped to harness erratic sunshine to meet most of its energy needs. And if solar's current surge peters out, prospects for replacing fossil fuels and averting catastrophic climate change will dim. Innovation can brighten those prospects, Sivaram explains, drawing on firsthand experience and original research spanning science, business, and government. Financial innovation is already enticing deep-pocketed investors to fund solar projects around the world, from the sunniest deserts to the poorest villages. Technological innovation could replace today's solar panels with coatings as cheap as paint and employ artificial photosynthesis to store intermittent sunshine as convenient fuels. And systemic innovation could add flexibility to the world's power grids and other energy systems so they can dependably channel the sun's unreliable energy. Unleashing all this innovation will require visionary public policy: funding researchers developing next-generation solar technologies, refashioning energy systems and economic markets, and putting together a diverse clean energy portfolio. Although solar can't power the planet by itself, it can be the centerpiece of a global clean energy revolution. A Council on Foreign Relations Book

Download or read book Rooftop Revolution written by Danny Kennedy and published by Berrett-Koehler Publishers. This book was released on 2012-09-03 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Here is the truth that the powerful Dirty Energy public relations machine doesn't want you to know: the ascent of solar energy is upon us. Solar-generated electricity has risen exponentially in the last few years and employment in the solar industry has doubled since 2009. Meanwhile, electricity from coal has declined to pre-World War II levels as the fossil fuel industry continues to shed jobs. Danny Kennedy systematically refutes the lies spread by solar's opponents—that it is expensive, inefficient, and unreliable; that it is kept alive only by subsidies; that it can't be scaled; and many other untruths. He shows that we need a rooftop revolution to break the entrenched power of the coal, oil, nuclear, and gas industries Solar energy can create more jobs, return our nation to prosperity, and ensure the sustainability and safety of our planet. Now is the time to move away from the dangerous energy sources of the past and unleash the amazing potential of the sun.

Download or read book The Switch written by Chris Goodall and published by Profile Books. This book was released on 2016-07-07 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: How will the world be powered in ten years' time? Not by fossil fuels. Energy experts are all saying the same thing: solar photovoltaics (PV) is our future. Reports from universities, investment banks, international institutions and large investors agree. It's not about whether the switch from fossil fuels to solar power will happen, but when. Solar panels are being made that will last longer than ever hoped; investors are seeing the benefits of the long-term rewards provided by investing in solar; in the Middle East, a contractor can now offer solar-powered electricity far cheaper than that of a coal-fired power station. The Switch tracks the transition away from coal, oil and gas to a world in which the limitless energy of the sun provides much of the energy the 10 billion people of this planet will need. It examines both the solar future and how we will get there, and the ways in which we will provide stored power when the sun isn't shining. We learn about artificial photosynthesis from a start-up in the US that is making petrol from just CO2 and sunlight; ideas on energy storage are drawn from a company in Germany that makes batteries for homes; in the UK, a small company in Swindon has the story of wind turbines; and in Switzerland, a developer shows how we can use hydrogen to make 'renewable' natural gas for heating. Told through the stories of entrepreneurs, inventors and scientists from around the world, and using the latest research and studies, The Switch provides a positive solution to the climate change crisis, and looks to a brighter future ahead.

Download or read book Solar Revolution written by Travis Bradford and published by MIT Press. This book was released on 2008-09-26 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: An innovative analysis that shows how the shift to solar energy—in particular, the use of photovoltaic cells—is both economically advantageous and inevitable, and will rival the information and communication technologies revolution in its transformative effects. In Solar Revolution, fund manager and former corporate buyout specialist Travis Bradford argues—on the basis of standard business and economic forecasting models—that over the next two decades solar energy will increasingly become the best and cheapest choice for most electricity and energy applications. Solar Revolution outlines the path by which the transition to solar technology and sustainable energy practices will occur. Developments in the photovoltaic (PV) industry over the last ten years have made direct electricity generation from PV cells a cost-effective and feasible energy solution, despite the common view that PV technology appeals only to a premium niche market. Bradford shows that PV electricity today has become the choice of hundreds of thousands of mainstream homeowners and businesses in many markets worldwide, including Japan, Germany, and the American Southwest. Solar energy will eventually be the cheapest source of energy in nearly all markets and locations because PV can bypass the aging and fragile electricity grid and deliver its power directly to the end user, fundamentally changing the underlying economics of energy. As the scale of PV production increases and costs continue to decline at historic rates, demand for PV electricity will outpace supply of systems for years to come. Ultimately, the shift from fossil fuels to solar energy will take place not because solar energy is better for the environment or energy security, or because of future government subsidies or as yet undeveloped technology. The solar revolution is already occurring through decisions made by self-interested energy users. The shift to solar energy is inevitable and will be as transformative as the last century's revolutions in information and communication technologies.

Download or read book Physics of Solar Energy written by C. Julian Chen and published by John Wiley & Sons. This book was released on 2011-08-15 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: PHYSICS OF Solar Energy Science/Physics/Energy The definitive guide to the science of solar energy You hold in your hands the first, and only, truly comprehensive guide to the most abundant and most promising source of alternative energy—solar power. In recent years, all major countries in the world have been calling for an energy revolution. The renewable energy industry will drive a vigorous expansion of the global economy and create more “green” jobs. The use of fossil fuels to power our way of living is moving toward an inevitable end, with sources of coal, petroleum, and natural gas being fiercely depleted. Solar energy offers a ubiquitous, inexhaustible, clean, and highly efficient way of meeting the energy needs of the twenty-first century. This book is designed to give the reader a solid footing in the general and basic physics of solar energy, which will be the basis of research and development in new solar engineering technologies in the years to come. As solar technologies like solar cells, solar thermal power generators, solar water heaters, solar photochemistry applications, and solar space heating-cooling systems become more and more prominent, it has become essential that the next generation of energy experts—both in academia and industry—have a one-stop resource for learning the basics behind the science, applications, and technologies afforded by solar energy. This book fills that need by laying the groundwork for the projected rapid expansion of future solar projects.

Download or read book Solar Power Finance Without The Jargon written by Jenny Chase and published by World Scientific. This book was released on 2019-07-04 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: Solar power has become big business, with $131 billion invested in 2018, up from just $11.2 billion in 2004 but down from $171 billion in 2017 as unit costs fell. New installed capacity grew from 1.1GW in 2004 to about 107GW in 2018, a steady rise as solar begins to compete with fossil fuels on cost and to be built in nearly every country.This is a book for the solar workers of the future, a business book for those without a business or economics background and those simply curious about major shifts happening in the world energy economy. Key financial, economic and technical concepts are interspersed with the history of the first decade of cheap solar power, and the author's experience of being part of a successful startup in the clean energy sector.Related Link(s)