Originally posted on Ingenuity Guru:
In a broad new assessment of the status and prospects of solar photovoltaic technology, MIT researchers say that it is “one of the few renewable, low-carbon resources with both the scalability and the technological maturity to meet ever-growing global demand for electricity.”
Use of solar photovoltaics has been growing at a phenomenal rate: Worldwide installed capacity has seen sustained growth averaging 43 percent per year since 2000. To evaluate the prospects for sustaining such growth, the MIT researchers look at possible constraints on materials availability, and propose a system for evaluating the many competing approaches to improved solar-cell performance.
The analysis is presented in the journalEnergy & Environmental Science; a broader analysis of solar technology, economics, and policy will be incorporated in a forthcoming assessment of the future of solar energy by the MIT Energy Initiative.
The team comprised MIT professors Vladimir Bulović, Tonio Buonassisi, and Robert Jaffe…
View original 754 more words