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

Abstract

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)

Authors:
; ; ;
Publication Date:
Research Org.:
Urban Systems Research and Engineering, Inc., Cambridge, MA (USA); Jorgenson (Dale W.) Associates, Cambridge, MA (USA)
OSTI Identifier:
5430700
Report Number(s):
DSE-4230-T1(Vol.1)
DOE Contract Number:  
EM-78-C-01-4230
Resource Type:
Technical Report
Country of Publication:
United States
Language:
English
Subject:
14 SOLAR ENERGY; 29 ENERGY PLANNING, POLICY AND ECONOMY; SOLAR ENERGY; ECONOMIC ANALYSIS; MARKET; ANALYTICAL SOLUTION; CALCULATION METHODS; CAPITAL; COMMERCIALIZATION; ECONOMIC IMPACT; ENERGY SOURCES; FOSSIL FUELS; INVESTMENT; LOW-HEAD HYDROELECTRIC POWER PLANTS; OCEAN THERMAL ENERGY CONVERSION; PHOTOVOLTAIC POWER SUPPLIES; PRICES; SOLAR AIR CONDITIONING; SOLAR SPACE HEATING; SOLAR WATER HEATING; SYNTHETIC FUELS; WIND POWER; AIR CONDITIONING; CONVERSION; ECONOMICS; ELECTRONIC EQUIPMENT; ENERGY; ENERGY CONVERSION; EQUIPMENT; FUELS; HEATING; HYDROELECTRIC POWER PLANTS; POWER; POWER PLANTS; POWER SUPPLIES; RENEWABLE ENERGY SOURCES; SOLAR ENERGY CONVERSION; SOLAR EQUIPMENT; SOLAR HEATING; SPACE HEATING; 140300* - Solar Energy- Economic, Industrial, & Business Aspects; 299001 - Energy Planning & Policy- Solar- (1989-); 290200 - Energy Planning & Policy- Economics & Sociology

Citation Formats

Pleatsikas, C J, Hudson, E A, O'Connor, D C, and Funkhouser, D H. Study of capital requirements for solar energy. Final report, Volume 1. Analysis of the macroeconomic effects of increased solar energy market penetration. United States: N. p., 1979. Web. doi:10.2172/5430700.
Pleatsikas, C J, Hudson, E A, O'Connor, D C, & Funkhouser, D H. Study of capital requirements for solar energy. Final report, Volume 1. Analysis of the macroeconomic effects of increased solar energy market penetration. United States. https://doi.org/10.2172/5430700
Pleatsikas, C J, Hudson, E A, O'Connor, D C, and Funkhouser, D H. 1979. "Study of capital requirements for solar energy. Final report, Volume 1. Analysis of the macroeconomic effects of increased solar energy market penetration". United States. https://doi.org/10.2172/5430700. https://www.osti.gov/servlets/purl/5430700.
@article{osti_5430700,
title = {Study of capital requirements for solar energy. Final report, Volume 1. Analysis of the macroeconomic effects of increased solar energy market penetration},
author = {Pleatsikas, C J and Hudson, E A and O'Connor, D C and Funkhouser, D H},
abstractNote = {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)},
doi = {10.2172/5430700},
url = {https://www.osti.gov/biblio/5430700}, journal = {},
number = ,
volume = ,
place = {United States},
year = {Thu Jul 19 00:00:00 EDT 1979},
month = {Thu Jul 19 00:00:00 EDT 1979}
}