When people think of alternative sources of energy, they often think of solar energy. Currently, solar energy supplies less than 0.1% of the electricity in the United States.1 However, the number masks the rapid expansion of the use of solar energy; in the past eight years, solar power has been expanding by an average of 40% per year.1 Part of the reason is the governments have pushed for and subsidized research regarding solar energy and it has also subsidized solar panel purchases by homeowners and others. In Europe and in the United States, tax breaks and feed-in tariffs that require utilities to buy back consumer-generated electricity from solar panels that goes back into the grid have drastically lowered the cost of solar panels.2 In addition, The cost per kilowatt-hour of solar photovoltaic systems has decreased, while the cost of electricity generated by fossil fuels is increasing.1 Technological advances and a greater demand for solar panels have allowed the price of a solar panel to decline by an estimated 60 percent since the beginning of 2011.2 The lower cost of solar panels makes them more feasible as an energy source by making them more affordable for an average middle-class individual. In fact, solar energy is becoming so affordable that it is now cost-effective in many European countries, such as Germany, Spain, and Italy, without public subsidization.2 However, despite the growth of solar energy in recent years, there is still a lot of taxpayer support for fossil fuel and nuclear-generate energy, thus subsidies for solar are small in comparison to subsidies for fossil fuels and nuclear energy.2
There are several benefits of solar energy. Firstly, there are environmental benefits. The sun provides a renewable source of energy, and the energy is currently not being harvested or used. According to Carol Olson, a researcher at the Energy Research Center of the Netherlands, “photovoltaic electricity contributes 96 percent to 98 percent less greenhouse gases than electricity generated from 100 percent coal and 92 percent to 96 percent less greenhouse gases than the European electricity mix.”3 In addition, as compared with electricity from coal, “photovoltaic electricity over its lifetime uses 86 to 89 percent less water, occupies or transforms over 80 percent less land, presents approximately 95 percent lower toxicity to humans, contributes 92 to 97 percent less to acid rain, and 97 to 98 percent less to marine eutrophication.”3 Secondly, in areas where demand for electricity for use in air-conditioning is high, there is also a lot of sunshine, making solar energy a good source of energy. Thirdly, technological advances can make it possible for solar panels to become even more efficient and effective then they are currently, increasing energy production. For example, technology can make it possible to operate machines, such as a dishwasher or washing machine, at the optimal time of the day. In addition, “smart grid” technologies can make it easier to sell back electricity to power companies and redistribute energy.
In the future, solar panels might become a more integral part of the energy supply. According to a report published by Clean Edge and Co-op America, a predicted 2% of the United States electricity will be supplied by solar power systems and 8% of the nation’s electricity will be supplied by solar photovoltaic systems by 2025.1 To reach that prediction however, technological changes would have to occur to allow a more widespread adoption of solar energy. Solar photovoltaic companies will have to make it easier to buy and connect components of the system and subsequently connect them to a power grid.1 In addition, electric companies will have to take advantage of solar energy and incorporate the energy source into their grids.1
1 http://apps1.eere.energy.gov/news/news_detail.cfm/news_id=11835
2http://economix.blogs.nytimes.com/2014/03/10/the-red-faces-of-the-solar-skeptics/?_php=true&_type=blogs&ref=solarenergy&_r=0
3http://www.nytimes.com/2013/11/11/business/energy-environment/solar-power-begins-to-shine-as-environmental-benefits-pay-off.html?pagewanted=1