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Title: The New Solar System: China’s Evolving Solar Industry and Its Implications for Competitive Solar Power in the United States and the World

Abstract

Solar power is undergoing a revolution. Over the past decade, an energy source as old as the planet and theoretically all but limitless has plummeted in cost and begun in some places to be harnessed in large volume. This dynamic is disrupting the modern energy system and, as energy disruptions always do, rattling the geopolitical order. In the process, the industry that produces the equipment to convert sunlight into electricity is simultaneously reeling, consolidating, and surging. These twin transformations—one of the global energy system, one of the global solar industry—carry profound implications for national economies and for the planet. At the center of both transformations sits China. The New Solar System illuminates key and little- understood changes that are remaking the solar enterprise—in China and thus in the world. Based on this analysis, it recommends changes in U.S. solar policy—particularly timely with a new U.S. administration and Congress—that would put solar power on a more economically sensible path toward environmentally significant growth. The New Solar System does not seek to enable any country to beat another in the global solar industry. It seeks instead to help all countries find their most effective places. By better understanding and playing to theirmore » comparative strengths in the solar business, countries would achieve two key objectives. They would reduce the cost for the world of scaling up solar power. And they would be better positioned to fashion policies that maximized the long-term benefit to their own economies from solar’s global growth.« less

Authors:
 [1];  [1];  [1];  [1]
  1. Stanford Univ., CA (United States)
Publication Date:
Research Org.:
Stanford Univ., CA (United States)
Sponsoring Org.:
USDOE Office of Energy Efficiency and Renewable Energy (EERE), Solar Energy Technologies Office (EE-4S)
OSTI Identifier:
1352021
DOE Contract Number:  
EE0006515
Resource Type:
Technical Report
Country of Publication:
United States
Language:
English
Subject:
14 SOLAR ENERGY

Citation Formats

Ball, Jeffrey, Reicher, Dan, Sun, Xiaojing, and Pollock, Caitlin. The New Solar System: China’s Evolving Solar Industry and Its Implications for Competitive Solar Power in the United States and the World. United States: N. p., 2017. Web. doi:10.2172/1352021.
Ball, Jeffrey, Reicher, Dan, Sun, Xiaojing, & Pollock, Caitlin. The New Solar System: China’s Evolving Solar Industry and Its Implications for Competitive Solar Power in the United States and the World. United States. https://doi.org/10.2172/1352021
Ball, Jeffrey, Reicher, Dan, Sun, Xiaojing, and Pollock, Caitlin. Wed . "The New Solar System: China’s Evolving Solar Industry and Its Implications for Competitive Solar Power in the United States and the World". United States. https://doi.org/10.2172/1352021. https://www.osti.gov/servlets/purl/1352021.
@article{osti_1352021,
title = {The New Solar System: China’s Evolving Solar Industry and Its Implications for Competitive Solar Power in the United States and the World},
author = {Ball, Jeffrey and Reicher, Dan and Sun, Xiaojing and Pollock, Caitlin},
abstractNote = {Solar power is undergoing a revolution. Over the past decade, an energy source as old as the planet and theoretically all but limitless has plummeted in cost and begun in some places to be harnessed in large volume. This dynamic is disrupting the modern energy system and, as energy disruptions always do, rattling the geopolitical order. In the process, the industry that produces the equipment to convert sunlight into electricity is simultaneously reeling, consolidating, and surging. These twin transformations—one of the global energy system, one of the global solar industry—carry profound implications for national economies and for the planet. At the center of both transformations sits China. The New Solar System illuminates key and little- understood changes that are remaking the solar enterprise—in China and thus in the world. Based on this analysis, it recommends changes in U.S. solar policy—particularly timely with a new U.S. administration and Congress—that would put solar power on a more economically sensible path toward environmentally significant growth. The New Solar System does not seek to enable any country to beat another in the global solar industry. It seeks instead to help all countries find their most effective places. By better understanding and playing to their comparative strengths in the solar business, countries would achieve two key objectives. They would reduce the cost for the world of scaling up solar power. And they would be better positioned to fashion policies that maximized the long-term benefit to their own economies from solar’s global growth.},
doi = {10.2172/1352021},
url = {https://www.osti.gov/biblio/1352021}, journal = {},
number = ,
volume = ,
place = {United States},
year = {2017},
month = {3}
}