NewEnergyNews: SOLAR BOOM COMING

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

While the OFFICE of President remains in highest regard at NewEnergyNews, this administration's position on climate change makes it impossible to regard THIS president with respect. Below is the NewEnergyNews theme song until 2020.

The challenge now: To make every day Earth Day.

YESTERDAY

  • FRIDAY WORLD HEADLINE-Climate Change Goes Downtown
  • FRIDAY WORLD HEADLINE-New Energy To Be Most Of World’s Power in 2050
  • FRIDAY WORLD HEADLINE-Emerging New Energy Markets Are Key
  • THE DAY BEFORE

    THINGS-TO-THINK-ABOUT THURSDAY, June 21:

  • TTTA Thursday-Climate Change Goes Downtown
  • TTTA Thursday-New Energy Investors Aim For A Trillion Dollar Buy
  • TTTA Thursday-New Energy Led U.S. New Power Online In 2017
  • THE DAY BEFORE THE DAY BEFORE

  • ORIGINAL REPORTING: The ideal time-of-use rate and why it matters
  • ORIGINAL REPORTING: The new demand response and the future of the power sector
  • THE DAY BEFORE THAT

  • TODAY’S STUDY: New Energy – A Global Overview
  • QUICK NEWS, June 19: Things To Do About Climate Change; Why Customer Choice
  • THE LAST DAY UP HERE

  • TODAY’S STUDY: Study Shows Solar Is NOT Going Just To The Rich
  • QUICK NEWS, June 18: Buying A Home In A Time Of Climate Change; New Reasons To Buy New Energy
  • --------------------------

    --------------------------

    Founding Editor Herman K. Trabish

    --------------------------

    --------------------------

    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

    -------------------

    -------------------

      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

    -------------------

    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • WEEKEND VIDEOS, June 23-24:

  • Ready Or Not, Here It Comes
  • The Scientist Who Saw It Coming 30 Years Ago
  • All About Fracking

    Tuesday, October 23, 2007

    SOLAR BOOM COMING

    There are 2 factors to “grid parity” (when the cost of electricity generated by renewable energy is equal to the cost of electricity from conventional sources): (1) the cost of renewables coming down and (2) the cost of fossil fuels and nuclear going up.

    Solar power edges towards boom time
    Gerard Wynn, October 19, 2007 (Reuters)

    WHO
    Jefferies Group Inc (analyst Michael McNamara), Renewable Energy Corp (REC) (Erik Thorsen, CEO)

    The trend is clear. (click to enlarge)

    WHAT
    The cost of solar energy-generated electricity is dropping 5% a year and the industry is growing fast. Grid parity, when the cost of electricity generated by solar energy is equal to the cost of electricity from conventional sources like coal, is rapidly approaching.

    WHEN
    - Presently: Grid parity in parts of California
    - 2008: solar panel production is expected to double
    - 2009: solar panel production is expected to double again
    - 5 years: Grid parity in sunny places.
    - 2020: Grid parity in less ideal climates like the UK.

    WHERE
    Government support in Germany, Japan, Spain, Italy, Greece and southern Europe is turning solar energy into a weapon against climate change and energy dependence.

    WHY
    - General Electric, already a major manufacturer of wind turbines, is preparing to move its momentum-generating size and influence into the solar industry.
    - REC, the world’s biggest solar power company, expects to cut solar energy costs for new production in half by 2010. Q-Cells AG, number 2, expects similar progress by using thin film technologies to bypass silicon shortage bottlenecks that are not expected to ease for 2-3 years.

    Thin film solar technology is growing fastest of all. (click to enlarge)

    QUOTES
    - Jim Lyons, Chief Engineer, General Electric Co: "[When solar energy electricity reaches grid parity] you can expect pretty much unbounded growth…The solar industry will eventually be bigger than wind."
    - Thorsen, REC: "If grid prices go up at the present rate [grid parity] could happen before [2012]…"
    - McNamara, Lyons Group: “[Electricity from solar energy is presently so small a percent of world supply] it doesn't even register statistically outside Germany…"

    0 Comments:

    Post a Comment

    << Home