Concepedia

Abstract

The decreased costs of solar technologies have led to the prospect of a move for photovoltaic (PV ) and concentrating solar power (CSP ) from niche applications to major contributors to the U.S. electricity grid. This development has motivated a number of technoeconomic analyses of the potential deployment of both PV and CSP under varying economic conditions. Two studies sponsored by the U.S. Department of Energy (DOE ) and completed in 2012 can help us understand the potential opportunities and challenges for solar deployment on a large scale. These studies evaluated both the potential mix of renewable energy technologies that could serve a large fraction of the U.S. electricity demand and the associated evolution of the U.S. grid to 2050.