What's The Future Of Solar Energy?
Solar energy is an unparalleled supply of electricity generation in a time of soaring demand and environmental sensitivity.
Because of government subsidies and advances in technology, the number and size of solar farms continues to soar. We have a tendency to have harnessed the facility of the sun for years to heat our homes, offer light and most recently generate power. Still, solar power is however a tiny fraction of the U.S. energy mix.
Renewable fuels account for about seven% of energy supplies; of this, only 1% (0r 0.07% of total energy offer) is solar. Nonetheless, solar is obtaining a lift thanks to tax credits, new technologies and a want to scale back our reliance on imported and domestic fossil fuels.
Still Solar Power is Pricey
Contemplate the most recent solar plant to return on board in Arcadia, FL, a tiny community north of Fort Myers on Florida’s southwest coast. The solar farm, boasting 90,000 solar panels, sits on a hundred and eighty acres of land in DeSoto County. The farm is rated at providing power (about twenty five megawatts / MW) to regarding three,000 homes and businesses.
With a value tag of $152 million, this translates into a cost of around $50,000 per home/business.However, once designed, other than maintenance and upgrades, the facility can keep producing about 25MW each year.
Therefore, in 2 years, the price per home/business is right down to $twenty five,000. In ten years it’s all the way down to $five,000 per home/business, which could simply exceed total energy usage per client for the 10-year period. And the farm keeps on producing thereafter.
Although initial begin-up costs are steep, the benefits are enormous.
First, engineers, architects, construction crews and others have to plan and build the facility. Once designed, at least a small cluster of people must operate it. Thus, it does help to make jobs.
Any energy it generates helps to offset the utilization of fossil fuels, a sensible issue for the environment, our overseas balance of payments and possibly even generating some political capital. Compared to wind power, however, solar is pricey and produces so much less come on investment.
But, as solar sites grow in size (and each year begets larger farms), the price per kilowatt produced will surely decrease. Solar power can be harnessed across virtually the complete U.S., large elements of southern and central Europe, Australia and even southern Canada.
As of this writing, the two largest operating solar farms overseas are in sunny Spain – Jumilla (twenty MW with 120,000 photovoltaic panels) and Beneizama (20 MW with polycrystalline solar modules). Other giant sites in operation embody 2 in Germany (ten and twelve MW) and one in Portugal (11 MW). And a California company is making ready to install a huge solar installation near Sarnia, Ontario (across the river from Port Huron, Michigan) that will guarantees to be the biggest photovoltaic solar installation in North America.
However, on the drawing board and/or beneath construction are even larger ventures – a one GW farm in China, the same one for Australia and a 550MW farm in San Luis Obispo, CA. The push for solar (and conjointly wind) is being driven by national and/or state necessities that a bound proportion of the energy used comes directly from renewable sources by around 2020.
While it is the larger solar comes create the news (typically every news story heralding the “largest solar farm built in a certain space), several owners are putting in solar hot water heaters, solar attic fans, and solar pool heaters. Some cities are even putting in solar parking meters, while the San Diego Zoo sports a solar-powered trash compacter.
Since the sun shines daily, it extremely will build sense to harness its energy. The only question becomes, “at what price?”
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