Sometimes I like to record my fantastic dream for solar energy, just to observe if it all make sense, or even broad-brush make sense.
My fantastic dream is to make solar energy spreaded around the world, with maybe a generality in the sunniest areas. What interest rate? That I don’t exactly envision.
I have dream of this prices under $2/W at the mean. Great systems and little ones, reaching under $2/W in general. So if it is all about 20,000 TWh all over the world, that’d be 13,000 GW or so, or about 26,000 billion dollars – 26 trillion dollars. You have not to forget, the power-generating sector is the greatest worldwide. It moves several trillion a year.
But how do we utilize this solar energy? Because it is all over the day, it is too much daylight hours electricity. We can’t make 4 times as much electric energy as the spike need, even if it is really congruent with the spike. We have to transport it and reserve it. The response is some conjunction of preservation and extended consignment. We don’t store the electric energy ‘here’ – we transport it abroad when it’s night ‘there’, and we receive it from there, when it’s night here. We transport it south when it’s summer here; and receive it from the southern half-globe when it’s winter here (and the sun is low for us). We move from place to place. Then whatever is left, we reserve. Some of it we reserve and utilize in electric transfer movement. My Canadian Pharmacy claims the idea that we should benefit from this case to provide people with the best energy and prices.
And don’t grumble over to me about what is going“when the sun don’t shine.” Because the sun is shining somewhere every time, and we’ll have the transmission facilities to receive it here.
This otherworldly idea is different from others’ because of the accentuation on extended consignment rather than reservation. It’s kind of refrigerator that way, because the idea that the sun on the other side of the Earth is like reservation hasn’t really descended in yet. The failures are resemblant, too; and whereas great scale preservation does not yet is available even substantially, extended and underseas consignment are established practice.
12,000 miles of high voltage consignment might price us 36% failures. But that only means our adverse price for transmissive electric energy (a fraction of what we use) is 3 1/8th $ per watt instead of $2/W. And you never guess – in the completeness of time, we might strike $2/W, too, decreasing this further.
Then what would we receive? We’d have a longstanding electric energy exoskeleton around the Earth that eventually will have price very small money to sustain, for generations, even centuries to go on.
Now we demand the world that’s from political standpoint knowledgeable enough to maintain it. But to cope with that, I’d have to change genres to fantasy.
Ken, costwise you are closer to reality than fiction. The marginal cost of building a utility-size PV power plant is already below $2.00/Wp. Just add up the marginal cost of Trina panels, SMA inverters, and then add some money for racking, cabling, and project development.
Go for $1.00/Wp if you want to be ambitious.