Solar Energy Is the Fastest Growing Industry In the US
Hugh Pickens writes "According to Rhone Resch, the last three years have seen the U.S. solar industry go from a start-up to a major industry that is creating well-paying jobs and growing the economy in all 50 states, employing 93,000 Americans in 2010, a number that is expected to grow between 25,000 to 50,000 this year (PDF). In the first quarter of 2011, the solar industry installed 252 megawatts of new solar electric capacity, a 66 percent growth from the same time frame in 2010. Solar energy is creating more jobs per megawatt than any other energy source (PDF) with the capability, according to one study, of generating over 4 million jobs by 2030 with aggressive energy efficiency measures. There are now almost 3,000 megawatts of solar electric energy installed in the U.S., enough to power 600,000 homes. In the manufacturing sector, solar panel production jumped 31 percent. 'The U.S. market is expected to more than double yet again in 2011, installing enough solar for more than 400,000 homes,' writes Resch. 'Last year, the industry set the ambitious yet achievable goal of installing 10 gigawatts annually by 2015 (PDF) – enough to power 2 million more homes each and every year.'"
Jobs per megawatt? What the hell kind of measure of efficiency is that?!
It seems to me, Higher jobs/MW = Higher cost/MW
How much of this industry growth is fueled by government subsidies?
The good news: Solar energy is the fastest growing industry in the US.
The bad news for solar energy: Solar energy is the fastest growing industry in the US.
The bad news for the US: Solar energy is the fastest growing industry in the US.
Post may contain irony: discontinue use if experiencing mood swings, nausea or elevated blood pressure.
Any industry heavy with government subsidies - defense, social welfare, medicine, and now 'renewables' - attracts opportunists of both the legitimate and illegitimate sort.
Legitimate businesses are interested because they know that having a politically-attractive industry can make a lot of low-/no-interest money available as well as making the government paperwork (permits, etc.) all move much quicker than usual. Finally, it's a truism that once established government programs almost never die (for God's sake, the TVA's REA is still alive and flourishing - conveniently renamed to the RUS "Rural Utilities Service" - to legitimize its ever-spreading 'responsibilities' hahaha).
Illegitimate business (con men, criminals, etc.) are attracted because government investment typically now means at least dollars in the 10^6 range, that until they reach 10^9 these numbers are considered 'trivial' and barely worth notice/mention by Federal agencies (how many pallets of $$billions have been untraceably 'lost' in Iraq/Afghanistan?) - a perfect environment for fraud.
-Styopa
Comment removed based on user account deletion
Without the federal subsidies AND the special liability protection offered to Coal, oil and gas they would fail.
If you wiped out all subsidies, Coal, Oil and Gas WOULD be cheaper slightly. Afterall, they have 125 years of infrastructure built.
People said the same thing about thoes fancy horseless carriages and the new fangled steam-ships.
Subsidies are important to give new and promising technology an opportunity in the market. Solar is still a baby. We are every year finding new and dramatic ways to improve solar. It will probably be a baby for another 20 years. Coal, Oil and gas haven't been babes for 50+ years. We have seen a small improvement in efficiency but thats it.
Once a technology is no longer in development it should be stripped of subsidies and protections and allowed to stand on its own. Coal, Oil and gas never have done this.