Solar Power Headed For 45% Annual Growth
mdsolar writes "USA Today is running a pretty good article on solar power that gives an overview of the current state of the industry. Highlight include production costs of $1.19/Watt for First Solar, 40% annual cost reductions over the
last five years, revenues expected to triple in three years, and a prediction for 2014 as the year when solar photovoltaic power plants become cheaper than other forms of generation. From the piece: 'Like wind power, solar energy is spotty, working at full capacity an average 20% to 30% of the time. Solar's big advantage is that it supplies the most electricity midday, when demand peaks. And it can be located at homes and businesses, reducing the need to build pollution-belching power plants and unsightly transmission lines. In states such as California, with high electricity prices and government incentives, solar is already a bargain for some customers. Wal-Mart recently said it's putting solar panels on more than 20 of its stores in California and Hawaii. Google is blanketing its Mountain View, Calif., headquarters with 9,212 solar panels, enough to light 1,000 homes.'"
Plus, there's the guys doing electricity by converting solar heat using sterling engines http://www.stirlingenergy.com/default.asp and the work converting heat into electricity using an intermediate sound conversion step http://www.sciencedaily.com/releases/2007/06/07060 3225026.htm.
The NSA: The only part of the US government that actually listens.
There were 1.7 GW installed in 2006: http://www.solarbuzz.com/Marketbuzz2007-intro.htm bringing the world up to about 6 GW. At a typical 5 hours per day equivilent peak generation that comes to 11 billion kWh per year. World net generation was 16,590.6 billion kWh per year in 2004: http://www.eia.doe.gov/emeu/aer/txt/ptb1116.html, so your fraction should be 0.07%, off by about 4 orders of magnitude. At 45% growth, how long would it take to replace world net generation? Somewhat less that 22 years since 1.45^22=3550 which would imply that more than half of the worlds net generation would be fabricated in the year 2028, with the rest fabricated prior to that year. Since panels last 25 years or longer there would have been little need to replace existing solar PV capacity by that time.s -selling-solar.html
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Rent residential solar power: http://mdsolar.blogspot.com/2007/01/slashdot-user
How many people even live in their houses for that long anymore?
Sure, if you're planning on moving in five years, then you're an idiot to do almost any work on your house. If in doubt, ask a realtor; I believe the investments that tend to help a lot with resale value are things like paint and landscaping, because they improve "curb appeal" a lot, and aren't expensive to do. Solar panels are no different from a kitchen remodeling job in this respect.
Sure, it may add some equity to your home, but not much, especially if the prices DO fall and/or the efficiency of the panels increases significantly during that 10 years. Imagine trying to include your 5 year old computer as part of your home's equity. You're risking a very similar situation with solar.
Apples and oranges. The USA Today article is overstating the rate at which the technology is improving. There's no Moore's Law at work here. It's not like the situation with a computer, where you're guaranteed that it will be obsolete in 5 years.
You're also betting that grid power won't get any cheaper, which may or may not be a good bet, depending on the fuel source of your local power plant.
Where I live (California), the historical trend has been steadily up, in real dollars.
If solar/microgeneration takes off, there could be an abundance of grid power, causing prices to plummet, especially if people start generating more power than they use -- unlikely, but certainly possible if panel efficiencies increase.
No way, not any time in the near future. The number of people who have residential photovoltaic systems installed is extremely small, way too small to lower the market price of power through supply and demand.
especially if people start generating more power than they use -- unlikely, but certainly possible if panel efficiencies increase.
Where I live, the way the deal works is that if you generate more power than you use over the course of 12 months, then you simply don't pay any money to the electric company, but they will never send you a check for the surplus. When you buy a residential PV system, they very carefully size it so that it will cover about 80% of your yearly use. If they sized it too big, it would risk wasting your money by overproducing, which you don't get paid for doing.
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Ah - but it DOES have a meaning.
Or it WILL have a meaning.
Currently - the economic terms are based on how much oil we can pump out of the ground in a given time-frame.
When oil (fossil fuels) ceases to be the primary driver of economies - it looks like solar is poised to take over as the #1 technology (with wind/nuclear/geothermal coming in somewhere next); and solar will likely be a function of square-footage-of-sunlight-per-year. The more land a person owns, in a sunny energy-producing region, the more wealth, over time, that person can create. Simply by covering it with solar panels, the more efficient, the better, and praying for sun. Electricity will be a market, there will always be buyers. Locale will probably produce different market rates, because of transmission losses. People will eventually start floating solar farms at sea, and putting them into space (though those, apparently don't scale DOWN well, you need a certain MINIMUM to beam the power via microwaves, efficiently).
But you're right. The $/kw-h calculation looks quite silly when you have solar power. There was a lot of FUD about solar about 5-10 years ago, that solar cells had a reputation for "wearing out" after 10-15 years, or losing power over time. This caused some solar-opponents to create a $/kw-h calculation; how much power you could expect to get out of a solar cell over the lifetime of the cell. Some even claimed that they cost more energy to manufacture than they'd ever produce. This was dead wrong then, and it's dead wrong now: there were some specific kinds of solar cells made in the 1970's that had defects, with dyes that turned brown, etc. Other solar cells went "bad" when their glass enclosures cracked, or their solder joints failed, etc - all things that could be repaired, or engineered for better longevity. These are no longer issues in any modern solar technology. We don't know about these new nanotechnology or thin-film based solar panels. Only time will tell. But it's not likely that they're going to "wear out" like this. For all effective purposes - you manufacture a solar cell, and it produces electricity "forever".
These are my friends, See how they glisten. See this one shine, how he smiles in the light.
http://www.greenpeace.org/international/solargen/a bout-solar-energy/solar-electricity/production-and -recycling
"The environmental impact and the safety risk of solar cells are infinitesimally small compared to conventional sources of energy like coal, oil, gas or atomic energy. With the latter, the danger is global (emission of carbon-dioxide) and longterm (for example the problems of disposal of nuclear energy). This is regarding regular operation already. If we think about solar panels running for 30 years that don't produce any pollutants, the environmental damage is obviously kept very limited.
The process of production for solar cells is well developed and tested. From the chemical and toxin point of view, even a mass-production of solar cells will not implicate any significant environmental or health problems."
Where is your counter evidence?
A 21st century issue: the irony of technologies of abundance in the hands of those still thinking in terms of scarcity.