星期日, 1月 24, 2021
Home PV News IEA Says Solar May Fall to $100 Per Megawatt-Hour by 2030

IEA Says Solar May Fall to $100 Per Megawatt-Hour by 2030

The price of solar power may fall to about $100 per megawatt-hour by 2030, the International Energy Agency said.


The decline in price may make solar a "key contributor" to the global electricity supply after 2060, IEA solar analyst Cedric Philibert said in a presentation in Kassel, Germany.


The price compares with current costs of about $172 per megawatt-hour for the most efficient photovoltaic generators and $267 per megawatt-hour for solar-thermal plants using parabolic troughs and storage technology, according to estimates by Bloomberg New Energy Finance.


Philibert set out the findings from a study that aims to explore the potential limits of solar power and does not constitute a forecast. The full report will be published later this year.


Direct forms of power such a solar-thermal generators and photovoltaic panels would supply more than half the world's electricity and a third of all energy under the scenario, Philibert said by e-mail.


Adding in less-developed technologies such as heat pumps, solar power could cover half of all energy needs. The pumps indirectly capture solar energy by using warmth from the atmosphere to heat homes, Philibert said.


 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

New Energy Equity adds 326 kW of solar to municipal buildings in Norton Shores, Michigan

New Energy Equity, along with its development partner Chart House Energy, has completed a 326-kWDC solar development project consisting of three separate municipal buildings...

PG&E announces 387 MW/1,548 MWh of energy storage capacity in latest project announcement

Pacific Gas and Electric Company (PG&E) has requested approval from the California Public Utilities Commission (CPUC) for six new battery projects totaling 387 MW...

NEP releases 500-W microinverter for large-format panels

Silicon Valley-based Northern Electric Power Technology (NEP) has released a new 500-W microinverter. The company is calling it a “macroinverter” since it is able...

Solar investment tax credit extended at 26% for two additional years

Story updated Dec. 22 after successful passage of the bill by Congress. Extended renewable energy tax credits have been included in a $1.4 trillion federal...