Solar to provide 10% of U.S. electricity by 2025 – study


new study by clean-tech research publisher Clean Edge and Co-op
America, a non-profit green-economy organization, has suggested that
the U.S. could attain production of 10% of its electricity requirements
via solar power by the year 2025. The Utility Solar Assessment (USA)
study provides a roadmap for use by utilities and regulators, as well
as solar power companies, which outlines the necessity for involvement
of utilities in scaling solar power in order to reach the 10% goal.

The study claims that solar power should be viewed as a cost-effective measure of electricity generation that can rival current electricity costs while steering away from the use of fossil fuels that are becoming more and more costly every day. The data in the study were compiled based on interviews with more than 30 solar, utility, financial, and policy experts.
Projections for solar energy prices are expected to decline from an average $5.50-$7.00 peak watt (15-32 cents kWh) today to $3.02-$3.82 peak watt (8-18 cents kWh) in 2015. A further decrease in cost to $1.43-$1.82 peak watt (4-8 cents kWh) is anticipated by 2025, according to the study.

A comprehensive “to-do” list was provided for each of the players (utilities, solar companies, regulators), outlining the steps that need to be taken by each in order to contribute to the combined effort and thereby to achieve the 10% goal by 2025. Further information on the study is available here.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

By Síle Mc Mahon 

Read Next

Subscribe to Newsletter

Upcoming Events

Solar Media Events
May 1, 2024
Dallas, Texas
Solar Media Events
May 21, 2024
Sydney, Australia