Re-considering the economics of photovoltaic power
This paper briefly considers the recent dramatic reductions in the underlying costs and market prices of solar photovoltaic (PV) systems, and their implications for decision-makers. In many cases, current PV costs and the associated market and technological shifts witnessed in the industry have not...
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Veröffentlicht in: | Renewable energy 2013-05, Vol.53, p.329-338 |
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creator | Bazilian, Morgan Onyeji, Ijeoma Liebreich, Michael MacGill, Ian Chase, Jennifer Shah, Jigar Gielen, Dolf Arent, Doug Landfear, Doug Zhengrong, Shi |
description | This paper briefly considers the recent dramatic reductions in the underlying costs and market prices of solar photovoltaic (PV) systems, and their implications for decision-makers. In many cases, current PV costs and the associated market and technological shifts witnessed in the industry have not been fully noted by decision-makers. The perception persists that PV is prohibitively expensive, and still has not reached ‘competitiveness’. The authors find that the commonly used analytical comparators for PV vis a vis other power generation options may add further confusion. In order to help dispel existing misconceptions, some level of transparency is provided on the assumptions, inputs and parameters in calculations relating to the economics of PV. The paper is aimed at informing policy makers, utility decision-makers, investors and advisory services, in particular in high-growth developing countries, as they weigh the suite of power generation options available to them. |
doi_str_mv | 10.1016/j.renene.2012.11.029 |
format | Article |
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subjects | Applied sciences Costs developing countries Economics Energy Equipments, installations and applications Exact sciences and technology industry issues and policy market prices Markets Mathematical analysis Natural energy Perception Photovoltaic cells Photovoltaic conversion Power generation renewable energy sources Solar cells Solar energy |
title | Re-considering the economics of photovoltaic power |
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