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
Hauptverfasser: Bazilian, Morgan, Onyeji, Ijeoma, Liebreich, Michael, MacGill, Ian, Chase, Jennifer, Shah, Jigar, Gielen, Dolf, Arent, Doug, Landfear, Doug, Zhengrong, Shi
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container_end_page 338
container_issue
container_start_page 329
container_title Renewable energy
container_volume 53
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
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source Elsevier ScienceDirect Journals
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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