The Future of Solar PV (Photovoltaic) Energy
- The Problem
- The Solution
- The Results
- The Benefits
- An Investment in the Future
- The Problem:
Traditional sources of electrical power generation are going out as production will peak in the next years but demand will continue to rise. Energy rates will continue to rise at a greater rate in addition to the variety of failures during peak hours. There is the apparent issue of the contamination we are causing to our environment.
From my perspective, the world’s energy requirements vary considerably; there is no clear single solution to the problem of providing the world’s energy.
All forms of energy production have issues related to them, i. e. –
- Coal – Pollution/Strip Mining
- Gas – Cost and Lack of Infrastructure
- Hydro – Limited Availability/Environmental Concerns
- Wind – Limited Site and Resource Availability
- Solar PV – Higher Cost
- Nuclear– Waste disposal
- The Solution:
Solar PV (Photovoltaic) systems effectively deliver three to 5 hours of peak power each day at roughly 10 Watts per square foot. Not one square inch of new land would be needed to site PV. Theoretically, there are adequate residential, industrial, Government roofs, and parking structures in California to power a considerable percentage of our State’s electrical needs from solar.
In Southern California, solar produces a net energy gain in around 3 years. This indicates that within 3 years, PV systems begin producing more energy than the energy invested in producing the system and its basic materials. Best of all, the energy produced costs absolutely no emissions.
At today’s prices, a normal solar system costs roughly $8.00/ watt, is installed, and has an operating life in excess of 25 years. For all intents and functions, upkeep and operating expense are minimal. Now there are systems available for lease. Companies such as Citizens at www.jointhesolution.com/rethink-solar allow you to produce solar power from a unit that is set up, kept, and kept track of by them. You merely pay the monthly rental charge for your clean electrical power which is the exact same cost as you pay the electric company for your electricity. They permit you to lock in a rate now for up to 25 years so you are paying the same cost throughout the entire contract.
- The Results:
Solar power increases the diversity of power and includes stability to a nonrenewable fuel source preferred energy structure while minimizing greenhouse gas emissions.
- The Benefits:
— Solar can be quickly deployed at the point of use, minimizing the need for extra transmission and circulation facilities, and the cost thereof.
— Solar runs most efficiently at midday when grid demand is at its peak. By reducing the strain during peak hours, the durability of existing power plants and infrastructure is extended, lowering further the expense of energy production.
— By deploying solar with time the cumulative effect of the setup base is remarkable. Given its 25-year life, within 10 to 20 years, a reputable portion of California’s energy might be supplied by solar.
— Once installed, the cost is fixed. In contrast to conventional sources of energy, fuel cost is nonexistent, and operational expenses are limited. A solar system’s expense is amortized over its life, there are no rate hikes due to fuel or running cost increases.
- An Investment in the Future:
Currently, solar expenses are more than standard energy generation. Undoubtedly, the solar industry today is not big enough to attend to all of our needs. The solar industry does not have the monetary impact to contend with existing energies, which usually oppose PV, within political circles.
Plainly, there is no simple option to California’s energy problem. No doubt, a variety of tools and innovations are needed to make sure California’s energy independence and security.
The Solar Industry Needs Your Support
For those interested in promoting a clean, safe and eco-friendly source of energy, I advise you to write your agents in the State and Federal Governments. Make it clear you elect representatives who support current legislation focused on advancing the release of solar power, such as the net metering law which permits the solar producer to feed surplus power onto the grid, triggering the meter to spin backward, decreasing the electrical bill. Tax credits and implementation subsidies provide the earnings needed to support the research and development of more effective solar systems.
Remember, in the 1970s the State of California enacted emission standards that went beyond the remainder of the country. The argument against these requirements was the expense of such improvements. Almost 30 years later on, the effect is in the air and shown in the increased fuel economy of the cars we drive.
Solar power is part of the service and is crucial to America’s long-lasting energy supply. Fossil fuels have a long history of problems with respect to the stability of supply and cost.
The Outlook of Solar Power is Bright!
Solar will sustain its torrid growth, as costs continue to fall. The solar market has grown at ~ 40% per annum over the last few years, and there are lots of factors to believe that it will sustain, if not surpass, that clip in 2008. Photovoltaic panel rates have actually followed a predictable experience curve given the 1970s, with prices dropping by 20% with each doubling of manufacturing capacity.
As the silicon-dominated market relocates to thinner and higher-efficiency wafers, increases making scale improves wafer and cell processing innovations, sees polysilicon prices go back to reasonable levels, and moves production to lower-cost countries, costs will continue to drive towards parity with grid rates, and solar will become significantly more appealing. Companies have developed imaginative PPA (power-purchase agreement) financing designs to decrease or get rid of upfront setup costs, which will make solar more accessible for a larger range of business and domestic customers. The election year must also see
In Southern California, solar produces a net energy gain in approximately 3 years. At today’s costs, a common solar system costs around $8.00/ watt, is installed, and has an operating life in excess of 25 years. A solar system’s expense is amortized over its life, there are no rate walkings due to sustaining or operating expense boosts.
Currently, solar expenses are more than conventional energy generation. Make it clear you vote for agents who support current legislation aimed at advancing the implementation of solar energy, such as the net metering law which enables the solar manufacturer to feed surplus power onto the grid, causing the meter to spin backward, decreasing the electrical bill.