UCLA Electronic Green Journal Title Review: Solar Revolution: The Economic Transformation of the Global Energy Industry by Publication Date (original) (raw)

An Economic Analysis of Solar Energy

Journal of Clean Energy Technologies, 2013

The fundamental economic reality of fossil fuels is that such fuels are found only in a relatively small number of locations across the globe, yet are consumed everywhere. The economic reality, by contrast, is that solar resources are available, in varying degrees, all over the world. Fossil fuel and solar resource use are thus poles apart-not just because of the environmental effects, but also because of the fundamentally different economical, logical and differing political, social and cultural consequences. These differences must be acknowledged if the full spectrum of opportunity for solar resources is to be exploited. Therefore, this study concentrates on solar power as a renewable source of energy. It has many benefits compared to fossil fuels. It is clean and green, nonpolluting and everlasting energy. For this reason it has attracted more attention than other alternative sources of energy in recent years. Many energy economists say that solar energy is going to play an increasingly important role in all our lives. To highlight the importance of such a source of energy becomes not only important but also inevitable. This paper analyzes the determining factors of solar energy usage and also analyse the cost benefit of the different solar energy devises usage.

A Review of Solar Energy: Markets, Economics and Policies

World Bank policy research working paper, 2011

The Policy Research Working Paper Series disseminates the findings of work in progress to encourage the exchange of ideas about development issues. An objective of the series is to get the findings out quickly, even if the presentations are less than fully polished. The papers carry the names of the authors and should be cited accordingly. The findings, interpretations, and conclusions expressed in this paper are entirely those of the authors. They do not necessarily represent the views of the International Bank for Reconstruction and Development/World Bank and its affiliated organizations, or those of the Executive Directors of the World Bank or the governments they represent.

History and Future of Renewable Solar Energy

Development, 2008

For many thousands of years the use of solar energy has shaped human settlements and cities, farming and forestry, architecture and buildings, landscapes and territories, religious beliefs and cultures, and social relations and lifestyles on Earth. Cesare Silvi from the Italian Group for the History of Solar Energy (GSES) 1 asks whether renewable solar energy could now power the world in this third millennium? He looks at the Earth system and science, ancient and modern solar ages, the nuclear or solar debate in the 1950s and today, and human habitat and agriculture.

SOLAR ENERGY Fundamentals, Economic and Energy Analysis

2017

The world is facing depleting natural fuel such as coal, natural gas for power generation and ever increasing demand of electricity. In this scenario everybody is looking for non-conventional, renewable energy sources such solar power, wind energy etc. The present book "Solar Energy-Fundamentals, Economic & Energy Analysis" is based on present knowledge on solar energy technology written by Mr. Saurabh Kumar Rajput, gives hands on information for practicing engineers. This book is useful for budding engineers and researchers also. Many industries including textiles and garment industries are installing solar power plants in large scale. This will be useful for the energy engineers of these industries.

The Triumph of Solar in the Energy Race

Journal of Fundamentals of Renewable Energy and Applications, 2015

In the last year, the chronology of change has been inspiring. In June 2014, Citi Group released its Energy Darwinism report, warning of the alarming fall in the price of solar [1]. Alarming to whom? Citi stated that this was now the Era of renewable, predicting that within 10 years solar, even without subsidies, would be the cheapest way to generate electricity. The September 2014 report by the Carbon Disclosure Project reaffirmed the business case for sustainability that Natural Capitalism Solutions pioneered. Its "Climate Action and Profitability" study showed that companies that integrate sustainability into their business strategies outperform those who fail to show such leadership [2,3]. Companies that are managing their carbon emissions and are planning for climate change enjoy 18% higher returns on their investment than companies that aren't, and 67% higher than companies that refuse to disclose their emissions. In January 2015, Deutsche Bank analyst, Vishal Shah, predicted that rooftop solar will be the cheapest electricity option for everyone in the US by 2016 [4]. Only one month later Agora Energiewende, a German think-tank, reported that solar electricity was already a low-cost renewable energy technology in many regions of the world and stated that by 2026 it will be the cheapest form of electricity everywhere. It described how largescale photovoltaic installations in Germany fell from over 40 cents per kilowatt-hour (c/kWh) in 2005 to 9 c/kWh in 2014, with even lower prices reported in sunnier regions of the world. Even with no technological breakthroughs, the report concluded that there is no end to cost reduction, with costs of 4-6 c/kWh (competitive with just the running cost of a natural gas plant) expected by 2025, and 2-4 c/kWh by 2050 [5]. At that price, solar will compete with energy efficiency. The study warned, most scenarios underestimate the role of solar power in future energy systems. That price was achieved for utility scale solar four months later when Austin, Texas, announced that the utility had received offers for 7,976 megawatts of projects after issuing a request for bids in April [6]. Out of those bids, 1,295 megawatts of projects were priced below 4 cents per kilowatt-hour.

Beyond the Petroleum Age: Designing a Solar Economy. Worldwatch Paper 100

1990

Alternatives to fossil fuels as energy resources are discussed. Energy from the sun and other renewable resources are cited as the alternatives. Constructed is a practical energy scenario for the year 2030 that involves a 55-percer* cut in carbon dioxide emissions, greatly improved energy efficie and an energy production system that relies heavily on solar energy, geothermal energy, wind power. and the energy of living plants. World petroleum resoarces in the Middle East and worldwide are described. Chapters include: (1) "The Next Energy Transition"; (2) "Power from the Sun"; (3) "A Policy Agenda"; (4) "Energy and Jobs"; and (5) "Toward a Solar Economy". (KR) Reproductions supplied by EDRS are the best that can be made from the original document.

A Study of Solar Energy and Ways to Improve its Economic Viability and New Business Scopes -Review

International Journal of Advanced Science and Engineering, 2019

Energy supplies from renewables such as from biofuels, solar heat, photovoltaics, wind, hydro, wave, tidal, geothermal, and ocean-thermal are essential components of every nation’s energy strategy, not only because of concerns for the local and global environment, but also for energy security and sustainability. Solar energy, amongst other renewable sources of energy, is both promising and freely available energy source. It has the capacity for managing long term issues in energy crisis. The fast growth in area of solar technologies comes with various pitfalls. It is limited by the technology of the time which includes low efficiency of solar cells, economic hindrances for example high upfront costs and a dearth of financing processes and technical obstacles which include old and inadequate infrastructure and a shortage of skilled workforce. New methods can be implemented and ways of using solar energy in medium and large scale business can be designed. A novel idea would be to install medium to large scale solar plants to produce power and to commercialize it as the demand for electricity from alternative sources will be ever increasing.

Solar Energy and Its Global Investments

Revista Brasileira de Energias Renováveis, 2017

This study aimed to analyze the research about solar energy on a global scale over the past five years, in order to identify the way to apply this source of energy and which countries are participating in the solar area investigation. In this context the scientific journals publications on solar energy of the last five years (2010-2015) were analyzed, focusing on renewable energies and as selection criteria, the Impact Factor (IF) was adopted. The articles were analyzed in a summarized manner for a sample population of over 350 publications, from which the IF index ranged from 3 to 15. The results show that in the whole world the countries with the highest number of publications in the solar energy field are India, China, Spain, Malaysia and the United States, totaling more than half of the worldwide research. Solar thermal energy had an increasing participation in the polls and the year 2014 got the highest number of publications linked to solar energy in the world.