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The potential of solar electricity using a “best case” scenario

SunShot Vision Study of the US Department of Energy

The SunShot Initiative was launched in February 2011 with the goal of making solar energy cost-competitive with conventional electricity generating technologies within the decade. Achieving this goal will require dramatic decreases in the cost structure of solar technologies-on the order of a 75% reduction-across all markets including residential, commercial, and utility-scale deployments of solar. To do this most effectively, the Initiative spans the full spectrum from basic science to applied research and development.

Executive Summary: The potential of solar electricity using a “best case” scenario

The SunShot Vision Study explores the implications of achieving the SunShot Initiative’s targets both in terms of potential benefits as well as potential challenges. The potential benefits include solar contributing an increasingly significant share of electricity generation over the next 20 to 40 years, creating thousands of new jobs, and saving consumers money by placing downward pressure on electricity prices. The potential challenges include scaling-up manufacturing capacity, integrating large amounts of solar energy into the grid, and improving access to financing. The benefits and challenges of achieving the SunShot vision are discussed in detail in the study.

Quelle: The project coordination and in-depth analysis was conducted by the National Renewable Energy Laboratory (NREL) and the contributions by the Solar Energy Industries Association, Solar Electric Power Association, and the many organizations that participated in the development of this report.

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Further information about the SunShot initiative: energy.gov/sunshot [1]

Englisch