How Solar Energy Became Cheap

How Solar Energy Became Cheap PDF Author: Gregory F. Nemet
Publisher: Routledge
ISBN: 0429643853
Category : Business & Economics
Languages : en
Pages : 261

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Book Description
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.

How Solar Energy Became Cheap

How Solar Energy Became Cheap PDF Author: Gregory F. Nemet
Publisher: Routledge
ISBN: 0429643853
Category : Business & Economics
Languages : en
Pages : 261

Get Book Here

Book Description
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.

Taming the Sun

Taming the Sun PDF Author: Varun Sivaram
Publisher: MIT Press
ISBN: 0262537079
Category : Political Science
Languages : en
Pages : 391

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Book Description
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

Rooftop Revolution

Rooftop Revolution PDF Author: Danny Kennedy
Publisher: Berrett-Koehler Publishers
ISBN: 1609946669
Category : Business & Economics
Languages : en
Pages : 209

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Book Description
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.

The Switch

The Switch PDF Author: Chris Goodall
Publisher: Profile Books
ISBN: 1782832483
Category : Science
Languages : en
Pages : 316

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Book Description
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.

Physics of Solar Energy

Physics of Solar Energy PDF Author: C. Julian Chen
Publisher: John Wiley & Sons
ISBN: 1118044592
Category : Science
Languages : en
Pages : 372

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Book Description
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.

Solar Revolution

Solar Revolution PDF Author: Travis Bradford
Publisher: MIT Press
ISBN: 0262261928
Category : Science
Languages : en
Pages : 255

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Book Description
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.

Solar Power Finance Without The Jargon (Second Edition)

Solar Power Finance Without The Jargon (Second Edition) PDF Author: Jenny Chase
Publisher: World Scientific
ISBN: 1800614802
Category : Business & Economics
Languages : en
Pages : 272

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Book Description
Solar Power Finance Without the Jargon introduces financial concepts through a lively history of the solar industry, and cuts through the main areas of mystique and misinformation about solar technology and projects. With extensive experience in answering questions from clients in the solar, finance and energy industries, Chase focuses on the practical and financial aspects of solar power, making this book suitable for those wanting to work in clean energy or who have a strong interest in the subject, particularly those without a business background.Since the first edition was published in 2019, solar capacity has only grown bigger and cheaper, opening up new markets. Most significantly, Russia invaded Ukraine in 2022, igniting an energy crisis across the world which made countries glad of any renewable energy capacity they had built, as well as amplifying calls for a diversified and resilient global supply chain for renewable energy components. This second edition of Solar Power Finance Without the Jargon is considerably more detailed and optimistic about batteries and hydrogen. It extensively updates readers on the rapidly-changing price and energy landscape, the latest industry thinking on the effects of large volumes of renewable energy on the grid and the path to deep decarbonisation of human civilisation.

Sun Above the Horizon

Sun Above the Horizon PDF Author: Peter F. Varadi
Publisher: CRC Press
ISBN: 9814613290
Category : Science
Languages : en
Pages : 550

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Book Description
The meteoric rise of the photovoltaic (PV) industry is an incredible story. In 2013, Google’s investments in PV systems totaled about half a billion dollars and Warren Buffet, one of the famous investors, invested $2.5 billion in the world’s largest PV system in California. These gigantic investments by major financial players were made only 40 years after the first two terrestrial PV companies, Solarex and Solar Power Corporation, were formed in the USA. Back in 1973, the two companies employed 20 people and produced only 500 watts of PV power. Now, just 40 years later, over a million people work in the PV industry. The worldwide capacity of operating PV electric generators equals the capacity of about 25 nuclear power plants. The PV industry is growing at an annual rate of 30 percent, equivalent to about five new nuclear power plants per year. Today, solar electricity is a significant supplier of electricity needs, to the extent that PV is forcing the restructuring of 100-year-old electric power utilities. This book describes how this happened and what lies ahead for PV power generation.

Low-Cost Solar Electric Power

Low-Cost Solar Electric Power PDF Author: Lewis M. Fraas
Publisher: Springer
ISBN: 9783319377872
Category : Technology & Engineering
Languages : en
Pages : 0

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Book Description
This book describes recent breakthroughs that promise major cost reductions in solar energy production in a clear and highly accessible manner. The author addresses the three key areas that have commonly resulted in criticism of solar energy in the past: cost, availability, and variability. Coverage includes cutting-edge information on recently developed 40 efficient solar cells, which can produce double the power of currently available commercial cells. The discussion also highlights the potentially transformative emergence of opportunities for integration of solar energy storage and natural gas combined heat and power systems. Solar energy production in the evening hours is also given fresh consideration via the convergence of low cost access to space and the growing number of large terrestrial solar electric power fields around the world. Dr. Fraas has been active in the development of Solar Cells and Solar Electric Power Systems for space and terrestrial applications since 1975. His research team at Boeing demonstrated the first GaAs/GaSb tandem concentrator solar cell in 1989 with a world record energy conversion efficiency of 35, garnering awards from Boeing and NASA. He has over 30 years of experience at Hughes Research Labs, Chevron Research Co, and the Boeing High Technology Center working with advanced semiconductor devices. In a pioneering paper, he proposed the InGaP/GaInAs/Ge triple junction solar cell predicting a cell terrestrial conversion efficiency of 40 at 300 suns concentration. Having become today’s predominant cell for space satellites, that cell is now entering high volume production for terrestrial Concentrated Photovoltaic (CPV) systems. Since joining JX Crystals, Dr. Fraas has pioneered the development of various thermophotovoltaic (TPV) systems based on the new GaSb infrared sensitive PV cell. Dr. Fraas holds degrees from Caltech (B.Sc. Physics), Harvard (M. A. Applied Physics), and USC (Ph.D. EE).

Superpower

Superpower PDF Author: Ross Garnaut
Publisher: Black Inc.
ISBN: 1743821174
Category : Political Science
Languages : en
Pages : 218

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Book Description
The fog of Australian politics on climate change has obscured a fateful reality: Australia has the potential to be an economic superpower of the future post-carbon world. We have unparalleled renewable energy resources. We also have the necessary scientific skills. Australia could be the natural home for an increasing proportion of global industry. But how do we make this happen? In this crisp, compelling book, Australia’s leading thinker about climate and energy policy offers a road map for progress, covering energy, transport, agriculture, the international scene and more. Rich in ideas and practical optimism, Superpower is a crucial, timely contribution to this country’s future.