The deployment of renewable energy systems, such as solar
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As distributed generation continues its rapid expansion, these new resources will have an increasingly larger role.
LAS VEGAS, NV – Calling solar "critical to the United States" when it comes to meeting its future carbon reduction goals, Department of Energy Secretary Ernest Moniz today delivered the keynote address at Solar Power International (SPI), the largest solar trade show in America, co-sponsored by the Solar Energy Industries Association (SEIA).
"Cost reduction, as we have seen dramatically in solar energy, is very much a part of shaping our clean energy future," Moniz said. "We've seen costs of modules decline by nearly 80 percent.
Utilities have taken on the practice of applying standby and fixed cost charges specific to solar PV for customers choosing to go solar as a means to recover costs resulting from net energy metering (NEM).
While PV modules and other hardware costs have dropped significantly over recent years, non-hardware soft costs have also fallen, but not nearly as sharply.
Looking at 4 variable generation technologies (wind, single-axis tracking PV, CSP with no storage, & CSP with thermal energy storage), the authors look at the benefits of mitigation measures.
The National Renewable Energy Laboratory releases their new report "Comparing Photovoltaic (PV) Costs and Deployment Drivers in the Japanese and U.S. Residential and Commercial Markets".
With a projected growth rate of 300% in the US over the next four years, distributed solar presents a number of challenges to the current distribution grid. This report from GTM Research details the new power electronics equipment used to address these challenges and provides descriptions of key markets, financing activity in the sector and state level market forecasting.