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Study of capital requirements for solar energy. Final report, Volume 1. Analysis of the macroeconomic effects of increased solar energy market penetration

Technical Report ·
DOI:https://doi.org/10.2172/5430700· OSTI ID:5430700
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This report defines the analytical framework for, and presents the results of, a study to determine the macroeconomic effects of increased market penetration of solar energy technologies over the 1977-2000 time period. For the purposes of this document, solar technologies are defined as wind, photovoltaics, ocean thermal electric (OTEC), small-scale (non-utility) hydroelectric and all solar active and passive thermal technologies. This research has been undertaken in support of the National Plan to Accelerate Commercialization (NPAC) of Solar Energy. The capital and operating requirements for three market penetration levels are first determined; the effects of these requirements on economic performance are then estimated using the Hudson-Jorgenson Energy/Economic Model. The analytical design, computational methods, data sources, assumptions and scenario configurations for this analysis are defined in detail. The results of the analysis of the economic impact of solar energy are presented in detail, and the implications of these results are discussed. Appendix A explains the methodology for transforming investment to capital stocks. Appendix B, which is provided in a separate volume, describes the Hudson-Jorgenson Model in greater detail. (WHK)

Research Organization:
Urban Systems Research and Engineering, Inc., Cambridge, MA (USA); Jorgenson (Dale W.) Associates, Cambridge, MA (USA)
OSTI ID:
5430700
Report Number(s):
DSE-4230-T1(Vol.1)
Country of Publication:
United States
Language:
English

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Related Subjects

14 SOLAR ENERGY
140300* -- Solar Energy-- Economic
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29 ENERGY PLANNING, POLICY, AND ECONOMY
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AIR CONDITIONING
ANALYTICAL SOLUTION
CALCULATION METHODS
CAPITAL
COMMERCIALIZATION
CONVERSION
ECONOMIC ANALYSIS
ECONOMIC IMPACT
ECONOMICS
ELECTRONIC EQUIPMENT
ENERGY
ENERGY CONVERSION
ENERGY SOURCES
EQUIPMENT
FOSSIL FUELS
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HEATING
HYDROELECTRIC POWER PLANTS
INVESTMENT
LOW-HEAD HYDROELECTRIC POWER PLANTS
MARKET
OCEAN THERMAL ENERGY CONVERSION
PHOTOVOLTAIC POWER SUPPLIES
POWER
POWER PLANTS
POWER SUPPLIES
PRICES
RENEWABLE ENERGY SOURCES
SOLAR AIR CONDITIONING
SOLAR ENERGY
SOLAR ENERGY CONVERSION
SOLAR EQUIPMENT
SOLAR HEATING
SOLAR SPACE HEATING
SOLAR WATER HEATING
SPACE HEATING
SYNTHETIC FUELS
WIND POWER