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The Economics of Solar Energy. Oscar Galvez Eric Rosales Kevin Santos. Introduction. “China has leapfrogged the West to emerge as the world’s largest manufacturer of solar panels” (New York Times). Local Production. Solar Energy. An energy that is distributed worldwide .

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the economics of solar energy

The Economics of Solar Energy

Oscar Galvez

Eric Rosales

Kevin Santos

introduction
Introduction

“China has leapfrogged the West to emerge as the world’s largest manufacturer of solar panels” (New York Times)

solar energy
Solar Energy

An energy that is distributed worldwide.

Quietest, safe, and clean.

Production of solar panels

Incentives

Local buildings and homes

Installation and Maintenance

american solar energy society
American Solar Energy Society

9 million jobs and $1,045 billion in U.S. revenue in 2007

The renewable energy industry grew three times as fast as the U.S. economy

large plants1
Large plants

Creates more jobs

Helps us not use other resources

The large out there

slide11

Grid Saving Cost

  • Fossil Fuels expensive
  • Save money
  • Solar energy use more
slide12

Fossil Fuel VS. Solar Energy

  • Fossil fuels running out
  • Nonrenewable
  • Power plants with pollution
  • Renewable
  • Solar energy is free.
  • Price of energy is dropping
slide13

Cost

  • Fossil fuel is cheaper
  • Solar energy dropping
  • 2020 should be last than Fossil fuel price