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Publication Details
AFRICAN RESEARCH NEXUS
SHINING A SPOTLIGHT ON AFRICAN RESEARCH
energy
Re-considering the economics of photovoltaic power
Renewable Energy, Volume 53, Year 2013
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Description
This paper briefly considers the recent dramatic reductions in the underlying costs and market prices of solar photovoltaic (PV) systems, and their implications for decision-makers. In many cases, current PV costs and the associated market and technological shifts witnessed in the industry have not been fully noted by decision-makers. The perception persists that PV is prohibitively expensive, and still has not reached 'competitiveness'. The authors find that the commonly used analytical comparators for PV vis a vis other power generation options may add further confusion. In order to help dispel existing misconceptions, some level of transparency is provided on the assumptions, inputs and parameters in calculations relating to the economics of PV. The paper is aimed at informing policy makers, utility decision-makers, investors and advisory services, in particular in high-growth developing countries, as they weigh the suite of power generation options available to them. © 2012 Elsevier Ltd.
Authors & Co-Authors
Bazilian, Morgan D.
Austria, Vienna
United Nations Industrial Development Organization
Austria, Laxenburg
International Institute for Applied Systems Analysis, Laxenburg
Onyeji-Nwogu, Ijeoma
Austria, Vienna
United Nations Industrial Development Organization
Nigeria, Enugu
African Institute for Applied Economics
Liebreich, Michael
United Kingdom, London
Bloomberg new Energy Finance
MacGill, Iain F.
Australia, Sydney
Unsw Sydney
Chase, Jennifer
United Kingdom, London
Bloomberg new Energy Finance
Shah, Jigar
United States, Washington
Kmr Infrastructure
Gielen, Dolf J.
United Arab Emirates, Masdar City
International Renewable Energy Agency
Arent, Douglas
United States
Institute for Strategic Energy Analysis
Landfear, Doug
Australia, Sydney
Agl Energy Limited
Zhengrong, Shi
China, Wuxi
Suntech Power Holdings Co., Ltd.
Statistics
Citations: 546
Authors: 10
Affiliations: 10
Identifiers
Doi:
10.1016/j.renene.2012.11.029
ISSN:
09601481
Research Areas
Health System And Policy