Plasmonic Nanostructures Could Prove a Boon To Solar Cell Technology
Zothecula writes "Researchers at the University of Pennsylvania have found a way to harvest energy from sunlight more efficiently, with the help of so-called plasmonic nanostructures. The new findings suggest that plasmonic components can enhance and direct optical scattering, creating a mechanism that is more efficient than the photoexcitation that drives solar cells. The development could therefore provide a real boost to solar cell efficiency and lead to faster optical communication."
Big Oil keeps nipping every new development in the bud before it can be commercialized.
While this all great Science, actually solar panels are already cheap enough in many parts of the world. Certainly they are in Australia since we have no tariffs on imported Chinese panels. What is really needed for greater market penetration is cheap storage. It would be great to have a around ~20 KWHr of storage for ~$2000 - $4000. Said storage needs to be stable over around 7000 cycles (20 years of operation) and provide of the order of 4 KW of power on demand. With this in place residential PV systems could provide over 20% of demand in many parts of the world.