Economic Perspectives of Renewable Energy Systems

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Economic Perspectives of Renewable Energy Systems ( economic-perspectives-renewable-energy-systems )

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Solar Photovoltaics against Evaluation Criteria Criterion Comments Potential Economic Contribution at current energy prices nil for the forseeable future at 2 times current probably nil at 4 times current possibly large in the long term Health & Safety Impacts to work force excellent to public excellent Environment Friendliness locally excellent global warming excellent Input Sustainability excellent Security of supply excellent Compatibility with EU needs poor in the northern EU - because of diurnal, seasonal and weather variation good in the southern EU Deliverability very slow - if it has to be part of the building fabric The Need for for EU - wide R & D good - for the difficult search for better PV technologies Secondary (spin-off) merits excellent - major markets outside EU Special Factors excellent - strong public support (F) AGE recommendations 21. The problem of making PVs truly competitive in the bulk electricity market is a hugely difficult one and will not be solved quickly or perhaps not at all unless Europe’s best researchers in the area are closely coordinated and can build on each other’s advances. AGE believes that the EU needs to have a major campaign to develop novel PV technologies, which can attract our best researchers and our most innovative production engineers. The scale of the research may not initially be very large but the researchers need to work closely with industry to ma ke sure new technologies take proper account of the opportunities and constraints in thin filmmanufacturing. 22. AGE therefore concludes that the main R&D priorities are: - Exploration of novel PV materials, including organics, and new production technologies. - Novel thin-film modules and production techniques. - Work on truly mass-producible PV modules, linking device physics with manufacturing technology and material research on promising PV technologies. 98

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