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Solar
Energy - Political & Economical Issues
Storing
solar energy at night and during cloudy days can be very
expensive2.
Nevertheless, solar power is the second-fastest-growing
energy source today.
If solar energy is absolutely free, why isn’t everything powered by
it? There are costs involved in creating, running and
maintaining your solar (photovoltaic) system. There is a lot of
hardware needed to set up this system. Typically around
$32,000 is needed for a photovoltaic system23.
Also, an installed photovoltaic system will cost
somewhere around $9 per peak Watt23.
Parts of Europe and Japan are extremely focused and are investing
heavily on the solar energy industry. The political
commitment and support has promoted the development of
solar electricity especially in Germany and Japan. The
Greenpeace organization predicts that this political
dedication forecasts that solar electricity sector is at
a start of a massive transformation and expansion over
the few decades. The objective is to increase the usage
and demand for solar electricity while substantially
lowering the greenhouse gas emissions.
It should be noted, however, that this kind of a transformation
will not happen by itself, and needs the support of both
the consumers and the industry20.
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