Global Economics Of Solar Power
I came across a really good article (from consulting firm McKinsey and company) about the global state of solar power and its economics. Leave a comment if you want the full paper.
Solar energy is becoming more economically attractive as technologies improve and the cost of electricity generated by fossil fuels rises. By 2020, hundreds of billions of dollars of investment capital will probably boost global solar-generating capacity 20 to 40 times higher than its current level.
As the new sector takes shape, producers of solar components must drive their costs down, utilities must place big bets despite enormous technological uncertainty, and regulators must phase out subsidies with care. The actions these players take will determine the solar sector’s scale, structure, and performance for years to come.
sounds interesting. im sure the paper would be a facinating read – would appreciate a copy if you can.
thanks!
Speak to the point