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Solar revolution: the economic transformation of the global energy industry

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Publisher:
MIT Press,
Pub. Date:
c2006.
Language:
English
Description

In Solar Revolution, fund manager and former corporate buyout specialist Travis Bradford argues -- on the basis of standard business and economic forecasting models -- that over the next two decades solar energy will increasingly become the best and cheapest choice for most electricity and energy applications. Solar Revolution outlines the path by which the transition to solar technology and sustainable energy practices will occur.

Developments in the photovoltaic (PV) industry over the last ten years have made direct electricity generation from PV cells a cost-effective and feasible energy solution, despite the common view that PV technology appeals only to a premium niche market. Bradford shows that PV electricity today has become the choice of hundreds of thousands of mainstream homeowners and businesses in many markets worldwide, including Japan, Germany, and the American Southwest. Solar energy will eventually be the cheapest source of energy in nearly all markets and locations because PV can bypass the aging and fragile electricity grid and deliver its power directly to the end user, fundamentally changing the underlying economics of energy. As the scale of PV production increases and costs continue to decline at historic rates, demand for PV electricity will outpace supply of systems for years to come. Ultimately, the shift from fossil fuels to solar energy will take place not because solar energy is better for the environment or energy security, or because of future government subsidies or as yet undeveloped technology. The solar revolution is already occurring through decisions made by self-interested energy users. The shift to solar energy is inevitable and will be as transformative as the last century's revolutions in information and communication technologies.

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ISBN:
9781429477222
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Grouping Information

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full_title solar revolution the economic transformation of the global energy industry
author bradford travis
grouping_category book
lastUpdate 2016-12-14 05:07:03AM

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physical xvi, 238 p. : ill., maps ; 24 cm.
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table_of_contents The inevitability of solar energy. -- A new path on the horizon. -- Past to the present. -- A brief history of energy. -- An unsustainable status quo. -- The field of alternatives. -- Solar energy. -- Future transformations. -- Modern electric utility economics. -- The emergence of distributed economics. -- Solar electricity in the real world. -- A promising destination. -- Tools for acceleration. -- Facing the inevitable. -- Appendix: Energy and electricity measurements.
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title Solar revolution the economic transformation of the global energy industry
title_display Solar revolution the economic transformation of the global energy industry
title_full Solar revolution [electronic resource] : the economic transformation of the global energy industry / Travis Bradford
title_short Solar revolution
title_sort solar revolution the economic transformation of the global energy industry
title_sub the economic transformation of the global energy industry