Tuesday, November 1, 2011

FW: A Positive View of Solar Power

Some very good data from Chick's colleague.

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

From: Charles Wassell [mailto:cwassell@xt-n.com]
Sent: Tuesday, November 01, 2011 6:10 PM
To: Monty Bannerman; Allen Draa
Subject: Fwd: A Positive View of Solar Power

---------- Forwarded message ----------
From: Charles Wassell <cwassell@xt-n.com>
Date: Tue, Nov 1, 2011 at 4:08 PM
Subject: Re: A Positive View of Solar Power
To: Michael Kruse <Kruship@msn.com>
Cc: Sandy Stalker <sandystalker@msn.com>, "Albert A. Pope" <albertpope@synovallc.com>

Michael,

Thanks for this. It makes some very interesting points. I don't think that there is any question that solar will be cost-competitive with all other energy sources in the 5-10 time frame.

Best regards,

Chick

2011/10/30 Michael Kruse <Kruship@msn.com>

You are here: Home / Clean Energy / About Solar Power / Why Solar Power

About Solar Power / Why Solar Power

August 23, 2011 By Zachary Shahan 31 Comments

This isn't an intro on solar power technology (some top posts on that are linked at the bottom, though) or how solar power works. This is a quick intro on some of the top topics of concern to those who want to see us cruise into a bright future.

This is just a start. It is a growing resource page on solar that will be continually updated (much like the wind power page we are still adding to). And it is now easily accessible on the right side of our site (—>).

If you have something you want to add, just shoot me a message on Google+ or a comment here!

Solar Power Myths Are So Last Year

Solar power myths and anti-solar-power talking points are all over the place. I think the ones in this fabricated quote are the most common:

"Solar power is just a tiny portion of our electricity supply and will never be more. Solar power is just too expensive and too impractical."

Completely ridiculous that anyone would believe or say these things, and here are some key reasons why:

1. Solar energy is the most abundant source of energy on the planet, by far. Just take a look at the image below, and note that renewable energy potential below is per year while it is in total for fossil fuels. Clear enough?

"Comparing finite and renewable planetary energy reserves (Terawatt‐years). Total recoverable reserves are shown for the finite resources. Yearly potential is shown for the renewables." (source: Perez & Perez, 2009a)

2. Solar power costs are dropping like leaves in the fall, unless my eyes deceive me (see images below).

With almost all technologies, it takes awhile for direct costs to hit a point where the masses will buy them, but once that point is reached, Bam!

While the true cost of solar is already competitive with other options, we don't really take the true cost into account with our decisions.

Additionally, while investing in solar power is already a super intelligent thing to do, meaning your return on investment is excellent since you can save so much money on electricity every month and (with the tremendous government incentives and innovative purchasing options available today) can end up making money on your solar power system before you know it.

It's true that we don't have a ton of solar installed yet, but we're getting there (see the next section). Also, even with the fossil fuel industry stacked against us, progress is being made. Costs, in general, continue to fall fast. Here's more on costs:

3. The solar power industry in the U.S. and globally is growing at a breakneck pace, largely for the reasons mentioned above (and the widespread acceptance that we need to combat global warming). For details, if the graphs above aren't enough for you, check out any of these posts: