According to a study by the Fraunhofer Institute for Solar Energy Systems ISE commissioned by Agora Energiewende, solar energy will become the cheapest power source in many parts of the world. By 2025, solar power in sunny regions will be cheaper than power from coal or gas.
Solar energy is widely available throughout the world and can contribute to reduced dependence on energy imports. As it entails no fuel price risk or constraints, it also improves security of supply. Solar power enhances energy diversity and hedges against price volatility of fossil fuels, thus stabilising costs of electricity generation in the long term…
“We offer new evidence on indigenous innovation and intellectual returnees by estimating the relationship between patenting by Chinese photovoltaic firms and the presence of corporate leaders with international experience…”
By surveying analyses for dfferent time horizons, this paper begins to connect and integrate a fairly disjointed literature on the economics of solar energy…
New Economics Papers Energy Economics (REPEC)
