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Title: Photovoltaics: a quiet revolution (in English and Spanish)

Journal Article · · Energy Detente; (United States)
OSTI ID:7151073

Despite persistent petroleum-market softness discouraging development of alternative energy in general, a quiet revolution is taking place with the emerging solar technology known as photovoltaics. Interest in this potential is keen in several developing countries, where oil-import bills since the last price shock are still a terrible burden. The total world market for photovoltaic devices in 1977 was about US $8.6 million. By 1979, this figure more than doubled, to US $19.6 million. World solar sales nearly tripled in the following two years, increasing to US $55.4 million in 1981. World solar sales are expected to grow to nearly US $84 million by the end of 1982. Projection of future market trends vary but reflect an expectation of continued accelerated growth. A recent report by the New York-based market research firm, Frost and Sullivan, estimates that the total market for complete systems could reach more than US $1 billion by the end of the decade. This company further projects a potential world market exceeding US $2 billion by 1995 and $10 billion by 2005. According to Photovoltaic Energy Systems, Inc., a Virginia, US-based consultancy, world solar sales volumes could grow to US $120 million in 1983, $300 million in 1985, $1.5 billion in 1990, and $10 billion by 2000. After presenting the basis of photovoltaics (how they work), this issue also addresses competing photovoltaic technologies and research options. Also, this issue updates the fuel price/tax series for the Eastern Hemisphere countries.

OSTI ID:
7151073
Journal Information:
Energy Detente; (United States), Vol. 3:14
Country of Publication:
United States
Language:
English and Spanish