The Economics of Solar Energy
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Transcript of The Economics of Solar Energy
The Economics of Solar Energy
Oscar GalvezEric Rosales
Kevin Santos
Introduction
“China has leapfrogged the West to emerge as the world’s largest manufacturer of solar panels” (New York Times)
Local Production
Solar Energy
An energy that is distributed
worldwide.
Quietest, safe, and clean.
Production of solar panels
Incentives
Local buildings and homes
Installation and Maintenance
American Solar Energy Society
9 million jobs and $1,045 billion in U.S. revenue in 2007
The renewable energy industry grew three times as fast as the U.S. economy
Large Plants
Large plants Creates more jobs Helps us not use other resources The large out there
Graph of employment rate
Construction jobs in Calfornia
Grid Saving Cost
Grid Saving Cost
Fossil Fuels expensive Save money Solar energy use more
Fossil Fuel VS. Solar Energy
Fossil fuels running out Nonrenewable Power plants with pollution Renewable Solar energy is free. Price of energy is dropping
Cost
Fossil fuel is cheaper Solar energy dropping 2020 should be last than Fossil fuel
price