Making Solar Energy Economical

Making Solar Energy Economical

Title 2

Sources

https://www.energy.gov/eere/solar/solar-energy-wildlife-and-environment#:~:text=As%20a%20renewable%20source%20of,humans%2C%20wildlife%2C%20and%20ecosystems https://solarisrenewables.com/blog/5-economic-benefits-of-solar-energy/#:~:text=According%20to%20the%20National%20Solar,contributor%20to%20the%20U.S.%20economy http://www.engineeringchallenges.org/challenges/solar.aspx

3 solutions to improve solar energy economically

1. Using perovskite as a replacement to current solar cells used
1. It is simple to prepare
2. Significant lower cost
2. Changing the dynamic of the solar panel energy production process
1. Copy the biological capture of sunlight like in plants
2. Producing green fuel to store energy captures
3. Greater production rate of solar panels
1. increased production will decrease costs

What would be expected to happen if the solutions were applied?

• 5.7 million acres of land would be required by the solar energy development in the U.S. by 2035
• Would achieve the potential of supplying 40% of the United States' electricity demand
• Jobs in this industry would be in high demand, they are generally paid higher and cannot be outsourced, resulting in a rise of national income

Real life application: Can making solar energy economical solve this issue?

• Using clean energy such as solar power would not emit carbon dioxide emmisions, which would protect humans, health, wealth, and biodiversity
• Using the solution mentioned earlier would lower costs of production making solar energy more accessible
• Changing the process of energy storage would make solar energy much more efficient and would decrease the expenses due to increased effectiveness

What are some benefits of solar energy?

1. Solar power is renewable and inexhaustible
2. It creates the most jobs compared to other green electricity industries
3. The need for maintenance is very low and can be operated at all times
4. Does not disturb wildlife or the environment

Real life application: What is the problem?

Carbon dioxide emissions caused by use of fossil fuels

• Levels of carbon emissions have only continued to increase over the years
• Causes climate change, warming up the atmosphere
• Affects biodiversity and causes extinction
• Pollutes the air and causes diseases due to poor air quality
• Causes water contamination and water shortages

What does the production of solar energy look like

• The invention and idea of solar panels have made a significant contribution to clean energy

• Solar energy has made a rather large impact on the U.S. economy
• The United States only produces around 1% of the total amount of solar power produced
• Production of solar energy has increased worldwide in recent years

How has solar energy been improved economically in previous years?

What are some of the problems associated with solar energy?

• Solar energy is not cost effective which affects its rate of production

• The process depends on weather
• Solar panels take up a lot of space
• The storage of solar power is expensive
• The building materials are rare and have a lot of initial costs

What does the production of solar energy look like

• The invention and idea of solar panels have made a significant contribution to clean energy

• Solar energy has made a rather large impact on the U.S. economy
• The United States only produces around 1% of the total amount of solar power produced
• Production of solar energy has increased worldwide in recent years