MIT Report Says Current Tech Enables Future Terawatt-Scale Solar Power Systems

Lucas123 writes: Even with today's inefficient wafer-based crystalline silicon photovoltaics, terawatt-scale solar power systems are coming down the pike, according to a 356-page report from MIT on the future of solar energy. Solar electricity generation is one of "very few low-carbon energy technologies" with the potential to grow to very large scale, the study states. In fact, solar resources dwarf current and projected future electricity demand. The report, however, also called out a lack of funds for R&D on newer solar technology, such as thin-film wafers that may be able to achieve lower costs in the long run. Even more pressing than the technology are state and federal policies that squelch solar deployment. For example, government subsidies to solar are dwarfed by subsidies to other energy sources, and trade policies have restricted PV module and other commodity product imports in order to aid domestic industry. Additionally, even though PV module and inverter costs are essentially identical in the United States and Germany, total U.S.residential system costs are substantially above those in Germany.

Comments

Re:Of course, there's this

[taiwanjohn]

What really needs to happen is to remove all gov't subsidies across the board. Indeed this is what alt-energy maven Avory Lovins has been preaching for years, because he knows that without subsidies the fossil fuels can't compete with renewables. We are already near the tipping point where even the massive fossil fuel subsidies won't be enough to prop them up. The switch to renewables is just a matter of time. The only unknowns are how long it will take and how painful it will be.

Re:Of course, there's this

[Maxo-Texas]

Well we spent 2 trillion dollars (and 4000 lives) to subsidize oil from 2000-2008 alone.

If we gave 2 trillion dollars to the solar industry, we'd have flying cars.

Military costs to protect oil field are ongoing and extremely expensive.