Affordable solar: It's closer than you think
December 1, 2011 By Marcia Goodrich
Solar panels
It's time to stop thinking of solar energy as a boutique source of power, says Joshua Pearce.
Sure, solar only generates about 1 percent of the electricity in the US. But that will change in a few years, says Pearce, an associate professor of electrical engineering and materials science at Michigan Technological University. The ultimate in renewable energy is about to go mainstream.
It's a matter of economics. A new analysis by Pearce and his colleagues at Queen's University in Kingston, Ontario, shows that solar photovoltaic systems are very close to achieving the tipping point: they can make electricity that's as cheapsometimes cheaperas what consumers pay their utilities.
Here's why. First, the price of solar panels has plummeted. "Since 2009, the cost has dropped 70 percent," says Pearce. But more than that, the assumptions used in previous studies have not given solar an even break.
"Historically, when comparing the economics of solar and conventional energy, people have been very conservative," says Pearce.
To figure out the true cost of photovoltaic energy, analysts need to consider several variables, including the cost to install and maintain the system, finance charges, how long it lasts, and how much electricity it generates. Pearce and his colleagues performed an exhaustive review of the previous studies and concluded that the values given those variables were out of whack.
For example, most analyses assume that the productivity of solar panels will drop at an annual rate of 1 percent or more, a huge overestimation, according to Pearce. "If you buy a top-of-the-line solar panel, it's much less, between 0.1 and 0.2 percent."
In addition, "The price of solar equipment has been dropping, so you'd think that the older papers would have higher cost estimates," Pearce says. "That's not necessarily the case."
Equipment costs are determined based on dollars per watt of electricity produced. One 2010 study estimated the cost per watt at $7.61, while a 2003 study set the amount at $4.16. The true cost in 2011, says Pearce, is under $1 per watt for solar panels purchased in bulk on the global market, though system and installation costs vary widely. In some parts of the world, solar is already economically superior, and the study predicts that it will become increasingly attractive in more and more places.
In regions with a burgeoning solar industry, often due to favorable government policies, there are lots of solar panel installers, which heats up the market.
"Elsewhere, installation costs have been high because contractors will do just one job a month," says Pearce. Increasing demand and competition would drop installation costs. "If you had ten installers in Upper Michigan and enough work to keep them busy, the price would drop considerably."
Furthermore, economic studies don't generally taken into account solar energy's intangible benefits, reduced pollution and carbon emissions. And while silicon-based solar panels do rely on a nonrenewable resource--sand--they are no threat to the world's beaches. It only takes about a sandwich baggie of sand to make a roof's worth of thin-film photovoltaic cells, Pearce says.
Based on the study, and on the fact that the cost of conventional power continues to creep upward, Pearce believes that solar energy will soon be a major player in the energy game. "It's just a matter of time before market economics catches up with it," he says.
More information: Renewable and Sustainable Energy Reviews, Volume 15, Issue 9, pages 4470-4482. doi:10.1016/j.rser.2011.07.104
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Dec 01, 2011
Rank: 3.7 / 5 (6)
The articles on Solyndra say the latest solar panels from china at $1.70/watt are what did them in.
Dec 01, 2011
Rank: 1.4 / 5 (27)
Dec 01, 2011
Rank: 4.4 / 5 (10)
Dec 01, 2011
Rank: 1.6 / 5 (17)
The price of installation can be never lower. And we still neglecting the price of solar power instability and the price of recycling of solar panels and many less or more hidden risks like this one.
http://www.firere...e-Facts/
Dec 01, 2011
Rank: 4.2 / 5 (13)
Dec 01, 2011
Rank: 4.6 / 5 (13)
Solarbuzz is reporting lowest retail prices of $1.25 for thin film and $1.28 for mono-cSi panels. Large number wholesale is going to be less.
Germany has been reporting $3.50 for installed residential solar. If they can do it there, we can do it here.
A project in the LA area that gets large numbers of individuals together to do group buys and group contracting for installation is installing at $4.78/watt. That's a number from some months ago when panels were more expensive.
Installation costs are falling because new racking and connecting systems are greatly lowering labor requirements. They will fall further as installation becomes a full time, competitive business.
Dec 01, 2011
Rank: 4.4 / 5 (15)
At $5.50/watt installed you'd be paying $3.85/watt after the 30% federal subsidy.
At $3.85/watt, financed for 20 years at 8% and a 20% capacity factor (4.8 solar hours per day avg.) you would be locking in your electricity at $0.154/kWh for the next 20 years. As your neighbors' utility bills rise, your payments will stay flat.
After the panels have been paid off your electricity will cost you nothing for a few more decades.
That's an investment that works.
Dec 01, 2011
Rank: 1.5 / 5 (19)
http://www.global...ion.html
http://www.lasveg...d-water/
Dec 01, 2011
Rank: 4.6 / 5 (10)
So show me the results where we are allowed total access to the equipment to make our own measurements. I think you will find that to be a no-no.
Dec 01, 2011
Rank: 1.3 / 5 (15)
The science doesn't use the "total access to the equipment" for verification of experiments at all. It gets the description of experiments and tries to replicate them.
http://www.lenr-c...xces.pdf
From the above follows, the cold fusion of hydrogen at nickel was never scientifically falsified, because it lacks the attempt for replication of Focardi and Piantelli's publications. Anyway, recently the Defkalion company claimed, they succeed with reverse engineering of E-cat catalyst based on spectral analysis from university of Padua and it reported the development of their own cold fusion device. So if you really need such way of cold fusion confirmation, you can inspire right there: http://pesn.com/2...Product/
Dec 01, 2011
Rank: 3 / 5 (2)
This is how people need to look at it, although the lifetime of a typical panel is only a few decades (15-20 years). Also, did you account that installed peak watt capacity does not amount to watt hour produced?
I've done the calculations in AZ where I live - and even if the cost per watt is higher, you're not paying for markup or infrastructure like you do with the electric company. Remember, you pay 2-3x the unit cost of energy production to your utility for transmission/maintenance/profit.
Dec 01, 2011
Rank: 5 / 5 (6)
Prices continue to drop. In addition, the 1$ per watt was conditioned on an in bulk (of what size?) purchase at the lowest possible global cost.
Its likely that the prices will continue to drop even lower.
Dec 01, 2011
Rank: 4.2 / 5 (10)
The first solar panel was made roughly 50 years ago and it is still working fine. That panel was stored out of the Sun for a long time so we can't make a definitive statement based on its lifespan, but silicon panels are basically thin sheets of rock protected by a layer of glass.
I don't know what you mean by this - "Also, did you account that installed peak watt capacity does not amount to watt hour produced?" I gave you the capacity factor if that is what you are trying to ask. Your AZ capacity factor is likely to be higher, thus your cost of power less.
Dec 01, 2011
Rank: 2.7 / 5 (3)
Solar panels can be designed to last longer, or used longer - however, from what I looked at a few years ago, the typical useful lifetime for a typical home installation is about 20 years. I'm only talking current (slightly outdated) numbers, not what it will be in a few years, or high end panels or anything like that.
As to the peak capacity remark - I hadn't done the math, but I was asking if you accounted for actual power generation, as installed capacity isn't completely indicitive of actual power generation. I did run the numbers now, and see that what you have may be slightly optimistic for most areas, but roughly in line with reality.
Also, accidentally missing from my remark, is the fact that panels are cost effective in phoenix from a consumer point - although not necessarily so much for a utility.
Our provider, APS charges 18c a KW/H at day, and 5c KW/H at night - installing a solar system saves a few c a KW/H here, b/c it's competing with 18c a KW/H
Dec 01, 2011
Rank: 4.6 / 5 (9)
Installed some on my parents' roof (15 years ago) Still hardly any degradation (maybe 5%). And those weren't top-of-the-line panels back then (but still pretty expensive). Paid for themselves after 9 years. Since then it's been all cash in the bank.
Dec 01, 2011
Rank: 1.8 / 5 (15)
So, steal from other hard working taxpayers 30% of your cost and you have cheap electricity...? Nice. Stealing from others is the only way solar energy can get a foothold. However, soon we'll get rid of the crony capitalist in chief and solar will need to fight on true merits not for you with my money.
Dec 01, 2011
Rank: 4.4 / 5 (13)
Dec 01, 2011
Rank: 4.3 / 5 (12)
And that's just one form of tax credit...there are others specifically for oil companies to hire people, drill, build and use pipelines...some are cash payments, and others are tax subsidies...
Then you have the coal industry, the natural gas industry...We subsidize all forms of fossil energy to the tune of hundreds of billions of dollars a year...
You are half right dusanmal, we could just end energy subsidies altogether, and solar panels would be about as cost effective.
If it weren't for the crony capitalism of the oil companies, maybe solar could compete on its own merits, rather than needing subsidies just to get a fair playing field.
Dec 01, 2011
Rank: 1 / 5 (2)
good, then you won't mind ponying up the cash for my solar setup and selling me the power at 10% less than the local utility?
Dec 01, 2011
Rank: 4.5 / 5 (6)
I bought a couple of 35watt panels for my sailboat in 1988. They're still doing fine. A friend is using them on his cabin.
I bought 400 watts of "hard used" Arco panels in 1992. They had been used with concentrating lenses in a research project and the intense sunlight had turned them brown. Even being "brownies" they still performed very close to factory specs and 20 years later are still performing close to factory specs.
I suspect you may be confusing warranty with expected lifespan. Consider, for a moment, a 30,000 warranty is common for autos but we often get well over 100,000.
Utilities are going to be able to install at sizes that bring their cost of power well under residential costs. GMT has reported a couple of long term (20 yr) contracts at $0.10/kWh. Utilities can pay very big money for peak hour power. I've seen figures over $3/kWh for short periods.
Dec 01, 2011
Rank: 5 / 5 (3)
I would guess truckloads. Chicago, for example, has a solar array that uses 32,000 panels.
If you are buying retail for your own use it's possible to save some money by going together with others and purchasing a pallet of panels. Or go big and get a container full. ;o)
If you're shopping for panels here is a place to try. They are listing single panels at $1.28/watt at the moment. And they have grid-tie systems.
I checked their reputation and they seem quite good. Apparently they sell a lot via eBay.
You should do your own due diligence.
http://www.sunelec.com
Dec 01, 2011
Rank: 5 / 5 (1)
I'm sure it's conservative, and you can eek out more useful power beyond the 'useful' lifetime. (Which is perfectly fine if you're connected to the grid or charging batteries anyways, and don't need a set amount of electricity.)
A new search turns up estimates from 20-25 years to 30-40 years. It also says that a major cause of aging and lower output is browning, and that the newest panels coming out do not have that issue.
As for me I'll do more research in a year or two, once we find if we're going to stay put, or if we get a new house.
Dec 01, 2011
Rank: 1.3 / 5 (4)
Dec 01, 2011
Rank: 4 / 5 (9)
George Bush's war crimes in Iraq and Afghanistan are projected to cost America 4 trillion dollars.
That kind of money would purhcase 2 trillion watts of power generation, 2,000 gigawatts.
Assuming that only 1/10th of that could be realized, that amount of power generation corresponds to 1800 TWh of energy.
This is enough to replace all coal fired power plants in the U.S. with PV Solar.
Such is the extent of America's intellectual failure.
Dec 01, 2011
Rank: not rated yet
Today's price Silicon PV Module Price $Per Watt 1.45 to 0.75
ThinFilm PV Module Price $Per Watt 1.15 to 0.65.
Also read all about LCoE from Solar - Most Up-To-Date Review Article on the Levelized Cost of Electricity from Solar Photovoltaic Technology @ appropedia.org/Levelised_Cost_of_Electricity_Literature_Review. All questions are answered. It will soon become the mainstream! The author has given a correct picture. Best wishes to him.
Dec 02, 2011
Rank: 2.3 / 5 (6)
andrea rossi already seling ecats 1mw cold fusion plants
most are stuck in the past or there little box in this forum
http://ecat.com/ check it out its no joke
Dec 02, 2011
Rank: 5 / 5 (3)
Actually, it's already affordable and, depending on the application, has a relatively decent turnaround time on the payback. "Really Cheap Solar is closer than you think" is a more realistic consideration.
The problems with solar go well beyond price. It's inefficient, bulky, hard to install without professional experience, and the list goes on.
But, it keeps getting better. And, the continual drop in price and increase in efficiency will only help.
Dec 02, 2011
Rank: 5 / 5 (2)
This is NOT Rossie's site.
PESN, which has been most closely associated with Rossi from the press, is reporting that Leonardo-ECat.com is Rossi's "official" site.
PESN ALSO SAYS:
"I phoned Rossi to ask him about this (ecat.com), and he didn't know about the website, and said he would go take a look, but that he thought it probably was the North European License group."
Dec 02, 2011
Rank: 5 / 5 (7)
You are aware that nuclear, coal and oil get MASSIVE subsidies (much more than alternative energy sources)?
http://en.wikiped...ubsidies
So by installing solar you are actually reducing the amount of money you are 'stealing' from others.
But I'm certain you have never applied for a tax refund in your life - because that would be stealing from others (as those missing tax dollars for investments have to be payed by others, now)
Dec 02, 2011
Rank: 5 / 5 (1)
Poor pathetic guy
Dec 02, 2011
Rank: 5 / 5 (4)
Exactly. We should be putting our (eggs) money in more than one basket. There is no logic in this being political.
Sure, there are some debacles like Solyndra but, so what? There always have been and always will be.
It's about as pointless as us arguing about what brand of toilet paper the government should be buying. Because nobody really cares about this issue, it -- and most others -- fly under the radar and things get done by price/efficiency metrics.
These decisions should be made by scientists and engineers with the mission statement of: provide X amount of power, use X budget, and deliver the best plan.
Dec 03, 2011
Rank: 3 / 5 (2)
I can put 2600 watts or more on my roof for about $6,000 or a little more. I design the mounting system, buy the material, get a machine shop to help me with a little fabrication, mount and connect the panels and control system interface to the inverter/charger and I'm done...and sellin power to da Southern Cal Edison! How 'bout YOU?
Dec 03, 2011
Rank: 1.8 / 5 (5)
I simply perceive the research of solar technologies as effective, as the research of steam engine. Yes, it definitely works and it can still be improved - but why we should do it, if another technologies are already in the game for many years?
My question simply is, if we are developing solar cells and nuclear plants, why not the steam engines and horse powered automobiles? There is lotta space for their improvement too.
The ignorance of the cold fusion finding with people simply indicates, they didn't learn to think economically yet. Today most of research resources is dealing with various conversion of energy instead of real production of energy. But if we really want to colonize the surrounding space, we cannot spent all raw sources and material resources in building of solar plants and wind mills anyway.
Dec 03, 2011
Rank: 3 / 5 (4)
Yup.
Because we are "capitalistic", the government is FORBIDDEN to do ANYTHING that makes mathematical sense.
Likewise, a mere 1 trillion could purchase enough wind turbines to power the entire U.S, replacing ALL coal, nuclear, and even hydro.
For a 1 trillion more, you could make it double redundant and transmit power from where it's windy to where it's not, and sell any excess to canada and mexico...
But, according to our pals on FOX news, wind allegedly cost like twice as much as Coal.
In reality, after some digging, I found the cost of wind power at 1/8th turbine capacity to be less than the bulk price of Coal alone over the 30 years expected life span. Not even counting the price of maintenance, repairs, and pollution from the coal plant, nor even the coal fired generator's purchase and assembly.
Dec 03, 2011
Rank: 3 / 5 (4)
Our public, our CONGRESS, our president, and our judiciary are either:
A) unqualified fools
B) guilty of treason whereby they have usurped their authority in order to prolong the status quo and maintain the existing corporate aristocracy in the energy and banking sectors.
Obviously, B is the much more likely case, as I cannot imagine anyone with any real education having not at least taken a look at the mathematics of this situation.
Wind is much cheaper than solar in the greater scheme of things, but it's also not as energy dense in terms of maximum energy per unit area.
Dec 03, 2011
Rank: 1 / 5 (1)
The extents of your intellectual failure is that solar panels can't be turned on and off at will, thus they will never replace a single coal fired powerplant.
At that scale you have to factor in the cost of actually managing the influx of energy you get, with a difference of 1:10 between average and peak power.
Dec 03, 2011
Rank: not rated yet
Numbers and sources, please! Did you include land cost? Environmental effects of large-scale wind exploitation? Availability factors (at any given time 5-10% of turbines are down for repairs)? Transmission lines are very difficult to build politically (NIMBY!), and widespread wind farms require many more miles of line than a single-point generator plant. Besides, you have to beat the cost of the already-installed-and-paid base.
Dec 03, 2011
Rank: 1.5 / 5 (2)
And it's also not possible to generate the amount of energy on wind alone because of the variability.
And it's generally not possible to sum up different energy sources that depend on forces of nature like the winds and the tides, or the sun, because the interference between them makes the system exibit even more variation.
Dec 03, 2011
Rank: 1 / 5 (2)
Of course maybe you live somewhere where you don't have to do all that.HELLO QC. So after 40 days and 40 nights the holy flooder returns to deluge us with his stream-of-consciousness postings, wide as the Nile and just as muddy.
Enough metaphors. How many posts today Nanobonobo? 40? 60?
Dec 03, 2011
Rank: 2.3 / 5 (3)
Told my mother about solar powered water heating and how it could probably save her 1/6th annually on the electric bill.
"Not interested if it requires a 'lawn ornament'."
I'm like, stumped.
The NIMBY thing will definitely go away in another decade or two when oil REALLY starts to get expensive and all the baby boomers and "sandwich" generation people are retired, and people in my generation are stuck figuring out how to pay for their two generations of early retirements and worthless public policy.
Dec 03, 2011
Rank: 5 / 5 (1)
You obviously know nothing about the central limit theorem in basic statistics class, or you wouldn't post such nonsense.
Dec 04, 2011
Rank: 5 / 5 (2)
Dec 04, 2011
Rank: not rated yet
The rest of us would like to discuss reality and actual science.
When one of them, ANY of them, gives a single damn working device to someone, then come back and talk to the adults.
Dec 04, 2011
Rank: 3.5 / 5 (2)
Absurd, idiotic, high-school drama-queen stuff.
No system is perfect, of course, but arguing that one of capitalism's failures is its inability to make wise investments is absurd.
Capitalism doesn't make decisions for how you should invest. Your congressmen do. Your senators do. Your state and local officials do. And, I don't care what system you live under. The people in power will make those decisions, by and large, based on what is in their best interests and will get the job done.
Dec 04, 2011
Rank: 5 / 5 (1)
Exactly. Why do we act like a capitalist system is supposed to solve the problems of human nature. Every system is going to have these problems.
As Bob Wallace points out: Are we going to solve the problem of money in our political system? It corrupts everything the way we are running it now and would corrupt any system of government.
Dec 04, 2011
Rank: not rated yet
That's a bit hard because they are all the same poster (using various sockpuppets).
Dec 04, 2011
Rank: 1 / 5 (2)
Dec 04, 2011
Rank: 5 / 5 (1)
It never ceases to amaze me when I hear people try to be green and ask questions like this. You really think the energy for creating the solar panels is any less than the energy required to keep digging up coal or drilling for oil and building the transportation networks and refineries and drilling platforms, yada yada yada.
Give it a rest will you? It can't possibly be any worse than the alternatives and once they exist, they are clean where the fossil fuel equivalents are NOT! Big difference.
So if you're green, then grow up. If you're not and trying to screw the green movement, then congrats...you pass yourself off as "concerned" really well.
Dec 05, 2011
Rank: 4 / 5 (1)
Dec 05, 2011
Rank: not rated yet
If you remove the grid, then you have to consider the costs of batteries and factor the production, pollution and maintenance from that as well. So it would seem that CURRENTLY, WE NEED BOTH TECHNOLOGIES!!! When battery technology catches up, perhaps THEN, off grid solar becomes affordable and non-polluting. But how do you run a metal-ore electric induction smelter off solar????? Zillions of panels??? Acres of batteries?? Pretty expensive metal you will produce from the smelting process!!!
Dec 05, 2011
Rank: not rated yet
Dec 05, 2011
Rank: not rated yet
Not so. There are as many hurdles facing alternative energy sources as there are facing, well....conventional energy sources. It's a very complex world. Jumping any one hurdle is not sufficient.
Very true. As is the case with a manufacturer of solar cells. Or the local plumbing company in my town that gets a lot of govt. contracts.
But, to heap scorn on a person or organization that built something and is trying to protect it is somewhat counterproductive and pointless. There are other avenues. And we seem to be exploring all of them.
Dec 05, 2011
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Dec 05, 2011
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Geopolitical strategy and the petrodollar just happened spontaneously. A bunch of bearded guys at the WTO and UN just got together in one big group hut. It's not like there's a geopolitical strategy to instigate preemptive wars in the middle east, padding bankster's pockets in perpetual side deals. Nobody is IN ON IT getting their cut.
Dec 05, 2011
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Dec 05, 2011
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Oh, you little Russian drama queen. Perhaps you could spare us all the political intrigue.
I suppose you'd be perfectly happy if we turned all the power off tomorrow morning, but most of the rest of the world actually needs all the energy we can get.
The fact that there is coal/nuclear/oil in almost every nation, including those with systems as diverse as communism and democratic republics gives the lie to the rest of your inane drivel.
Dec 05, 2011
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Dec 05, 2011
Rank: 1 / 5 (1)
Nobody cares about your bankster bootlicking, even in your own country. Tools like you get State Dept., lobbying and thinktank positions at best. All parasite jobs.
Dec 05, 2011
Rank: not rated yet
lmao you moron. I don't work in government or politics. Nor do I have a degree in polisci. Guess I'll go lick some bankster boots now. Toodles.