Impact of Degradation Rates on Solar PV Financing for Projects Located in the United States

2017 ◽  
Author(s):  
Rounak A. Kharait ◽  
Phil Stiles ◽  
Jarrett Carriere ◽  
Larry McClung
Keyword(s):  
United States ◽  
The United States ◽  
Solar Pv ◽  
Degradation Rates

Baseload power potential from optimally-configured wind, solar and storage power plants across the United States

2020 ◽  
Author(s):  
Joshua D Rhodes ◽  
Aditya Choukulkar ◽  
Brianna Cote ◽  
Sarah A McKee ◽  
Christopher T M Clack
Keyword(s):  
United States ◽  
Energy Storage ◽  
Power Plants ◽  
Cost Optimization ◽  
The United States ◽  
Solar Pv ◽  
Wholesale Market ◽  
Optimal Technology ◽  
Current Price ◽  
The Cost

Abstract In the present paper, we assessed the potential for local wind, solar PV, and energy storage to provide baseload (constant, uninterrupted) power in every county of the contiguous United States. The amount of available capacity between 2020 and 2050 was determined via a least-cost optimization model that took into account changing costs of constituent technologies and local meteorological conditions. We found that, by 2050, the potential exists for about 6.8 TW of renewable baseload power at an average cost of approximately $50 / MWh, which is competitive with current wholesale market rates for electricity. The optimal technology configurations constructed always resulted in over two hours of emergency energy reserves, with the amount increasing as the price of energy storage falls. We also found that, given current price decline trajectories, the model has a tendency to select more solar capacity than wind over time. A second part of the study performed three million simulations followed by a regression analysis to generate an online map-based tool that allows users to change input costs assumptions and compute the cost of renewable baseload electricity in every contiguous US county.

Solar

2020 ◽  
pp. 228-273
Author(s):  
Paul F. Meier
Keyword(s):  
United States ◽  
Crystalline Silicon ◽  
The United States ◽  
Common Type ◽  
Solar Photovoltaic ◽  
Solar Pv ◽  
Concentrating Solar Power ◽  
Capital Costs ◽  
The World ◽  
Basic Approaches

There are two basic approaches for using solar energy to generate electricity. The first type, solar photovoltaic (PV) energy, uses semiconductors to convert sunlight into electricity. Crystalline silicon semiconductors are the most common type in use. The second approach is called concentrating solar power (CSP), also referred to as solar thermal. Basically, CSP uses mirrors to concentrate sunlight and generate steam, which is used to power a turbine. The most common method employed commercially is the parabolic trough, where the mirrors are horizontally disposed in a parabolic shape. Solar PV is more commonly used commercially because of high capital costs for building a CSP power plant. Solar PV has experienced rapid growth over the last ten years, increasing by more than twentyfold in the United States. Growth for CSP has increased threefold over the same ten years, but no growth over the last four years. Spain and the United States lead the world in commercial CSP plants.

scholarly journals Development of solar photovoltaic industry and market in China, Germany, Japan and the United States of America using incentive policies

2020 ◽  
pp. 014459872097925
Author(s):  
Daoyuan Wen ◽  
Weijun Gao ◽  
Fanyue Qian ◽  
Qunyin Gu ◽  
Jianxing Ren
Keyword(s):  
United States ◽  
United States Of America ◽  
Technology Innovation ◽  
The United States ◽  
Market Development ◽  
Solar Photovoltaic ◽  
Solar Pv ◽  
Future Challenges ◽  
Data Survey ◽  
Incentive Policies

Solar photovoltaic (PV) technology has developed rapidly in the past decades and is essential in electricity generation. In this study, we demonstrate the relationship between PV incentive policies, technology innovation and market development in China, Germany, Japan and the United States of America (USA) by conducting a statistical data survey and systematic literature review. This article investigates the key policies affecting the development of PV technology from the perspective of solar PV Research and Development (R&D), industry, and market development. Our study highlights how these different kinds of policies drive the countries to change their role on the global stage. The results show the performance of supply-push policies and demand-pull policies during different periods and their significant impact on PV development, while it presenting future challenges and recommendations for PV development. Our study contributes to improve the understanding of PV technology innovation, its market development, and policy evolution through a multiple-perspective analysis of PV development processes.

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