Publications Details

Making Fuel While the Sun Shines

Olzap, Nesrin; Sattler, Christian; Klausner, James F.; Miller, James E.

Recent advances in the production of photovoltaic panels have driven down the cost of solar power. Estimates for the levelized cost of electricity from PV range from 10 to 30 cents per kWh. And though this is still higher than the cost of generation from a newly built coal-fired thermal power station, solar power could be the cheapest electricity available in some areas within a few years, according to data from the Energy Information Agency.