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Solar Photovoltaics Gaining Momentum and Poised to Challenge Fossil Fuels, Say IEEE Solar Experts

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OKIsItJustMe Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-16-11 05:14 PM
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Solar Photovoltaics Gaining Momentum and Poised to Challenge Fossil Fuels, Say IEEE Solar Experts
http://www.ieee.org/about/news/2011/15june_2011.html

News Releases

Solar Photovoltaics Gaining Momentum and Poised to Challenge Fossil Fuels, Say IEEE Solar Experts

Solar Photovoltaic (PV) global installed capacity expected to dramatically increase in next decade; electricity costs from solar may be more economical than traditional energy sources

15 June 2011 – Within the next 10 years, solar PV systems have the potential to be the most economical form of generating electricity, even compared to traditional fossil fuels, say solar energy experts from IEEE, the world’s largest technical professional association. To achieve this cost parity, the global industry must continue to improve the efficiency of solar PV cell technologies and create economies of scale to further decrease manufacturing costs. IEEE has several initiatives to encourage these advancements.

Solar energy is the earth’s most abundant energy resource. The rate of energy from sunlight hitting the earth is of the order of 100 petawatts. Just a fraction is needed to meet the power needs of the entire globe, as it takes approximately 15 terawatts to power the earth (1 petawatt = 1,000 terawatts).

“Solar PV will be a game changer,” said James Prendergast, IEEE Senior Member and IEEE Executive Director. “No other alternative source has the same potential. As the cost of electricity from solar continues to decrease compared to traditional energy sources we will see tremendous market adoption, and I suspect it will be a growth limited only by supply. I fundamentally believe that solar PV will become one of the key elements of the solution to our near- and long-term energy challenges.”



Additional IEEE resources and multimedia content on solar PV include:

• IEEE.tv – http://www.ieee.org/portal/ieeetv/viewer.html?progId=126007">Accelerating PV video
• IEEE.tv – http://www.ieee.org/portal/ieeetv/viewer.html?progId=96279">Solar goes small video
• IEEE Spectrum – http://spectrum.ieee.org/energy/renewables/putting-wireless-power-to-work">Putting Wireless Power To Work
• IEEE Journal of Photovoltaics – http://eds.ieee.org/jpv.html">Call For Papers

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mahina Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-16-11 05:17 PM
Response to Original message
1. K and big fat R!
Bout damn time! Mahalo for the great news.
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AndyTiedye Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-16-11 05:19 PM
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2. Very Very Kicked and Recommended
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gejohnston Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-16-11 08:04 PM
Response to Original message
3. If only we start
making them here again instead of buying from China (who has a booming solar industry). :thumbsup: :hippie:
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kristopher Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-16-11 08:16 PM
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4. Companion piece - IEEE: Why nuclear power will never supply the world's energy needs
IEEE: Why nuclear power will never supply the world's energy needs

The 440 commercial nuclear reactors in use worldwide are currently helping to minimize our consumption of fossil fuels, but how much bigger can nuclear power get? In an analysis to be published in a future issue of the Proceedings of the IEEE, Derek Abbott, Professor of Electrical and Electronic Engineering at the University of Adelaide in Australia, has concluded that nuclear power cannot be globally scaled to supply the world’s energy needs for numerous reasons. The results suggest that we’re likely better off investing in other energy solutions that are truly scalable.

As Abbott notes in his study, global power consumption today is about 15 terawatts (TW). Currently, the global nuclear power<2> supply capacity is only 375 gigawatts (GW). In order to examine the large-scale limits of nuclear power, Abbott estimates that to supply 15 TW with nuclear only, we would need about 15,000 nuclear reactors. In his analysis, Abbott explores the consequences of building, operating, and decommissioning 15,000 reactors on the Earth, looking at factors such as the amount of land required, radioactive waste, accident rate, risk of proliferation into weapons, uranium abundance and extraction, and the exotic metals used to build the reactors themselves.

“A nuclear power station is resource-hungry and, apart from the fuel, uses many rare metals in its construction,” Abbott told PhysOrg.com. “The dream of a utopia where the world is powered off fission or fusion reactors is simply unattainable. Even a supply of as little as 1 TW stretches resources considerably.”

...Of course, not many nuclear advocates are calling for a complete nuclear utopia, in which nuclear power supplies the entire world’s energy needs. But many nuclear advocates suggest that we should produce 1 TW of power from nuclear energy, which may be feasible, at least in the short term. However, if one divides Abbott’s figures by 15, one still finds that 1 TW is barely feasible. Therefore, Abbott argues that, if this technology cannot be fundamentally scaled further than 1 TW, perhaps the same investment would be better spent on a fully scalable technology....

http://www.scribd.com/doc/55418743/Nuclear-Power-and-World-Energy-by-Derek-Abbott-Professor

Originally posted at: http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=115x293992#293992
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kristopher Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-17-11 09:01 AM
Response to Original message
5. Kick.
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GliderGuider Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-17-11 09:10 AM
Response to Original message
6. Good news!
Only ten more years...
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OKIsItJustMe Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-17-11 11:17 AM
Response to Reply #6
7. Better than that
“…Within the next 10 years…” (i.e. maybe sooner.)

This doesn’t seem far-fetched at all.

http://news.cnet.com/8301-11128_3-20071917-54/with-doe-loan-1366-closer-to-slicing-solar-costs/
June 17, 2011 6:37 AM PDT

With DOE loan, 1366 closer to slicing solar costs

by Martin LaMonica

1366 Technologies, a start-up created to make solar electricity cheaper than coal, is set to receive a loan to build its first factories, bringing the four-year old company closer to its goal.

The Lexington, Mass.-based company said today that the Department of Energy has offered a $150 million loan to build two plants to ramp up its process of making silicon wafers used in solar photovoltaic panels. The loan is conditional commitment where the company needs to meet certain operational targets, according to a representative



1366 Technologies was http://news.cnet.com/8301-11128_3-9903728-54.html">spun out of the Massachusetts Institute of Technology in 2007 to commercialize a series of techniques developed by professor Ely Sachs to lower the cost of solar power. Each is aimed at manufacturing solar cells from polycrystalline silicon, the material used in most solar panels today.

Its most significant advance is called http://news.cnet.com/8301-11128_3-20020010-54.html">Direct Wafer manufacturing, where silicon wafers are made directly from molten silicon, a streamlined process the company says dramatically lowers production costs. It also developed techniques to http://news.cnet.com/8301-11128_3-10350957-54.html">incrementally improve the efficiency of silicon cells, such as adding texturing to the surface to trap more light.

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