Solar Revolution: The Economic Transformation of the Global Energy Industry

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MIT Press, Sep 26, 2008 - Science - 248 pages
7 Reviews
In Solar Revolution, fund manager and former corporate buyout specialist Travis Bradford argues -- on the basis of standard business and economic forecasting models -- that over the next two decades solar energy will increasingly become the best and cheapest choice for most electricity and energy applications. Solar Revolution outlines the path by which the transition to solar technology and sustainable energy practices will occur.Developments in the photovoltaic (PV) industry over the last ten years have made direct electricity generation from PV cells a cost-effective and feasible energy solution, despite the common view that PV technology appeals only to a premium niche market. Bradford shows that PV electricity today has become the choice of hundreds of thousands of mainstream homeowners and businesses in many markets worldwide, including Japan, Germany, and the American Southwest. Solar energy will eventually be the cheapest source of energy in nearly all markets and locations because PV can bypass the aging and fragile electricity grid and deliver its power directly to the end user, fundamentally changing the underlying economics of energy. As the scale of PV production increases and costs continue to decline at historic rates, demand for PV electricity will outpace supply of systems for years to come. Ultimately, the shift from fossil fuels to solar energy will take place not because solar energy is better for the environment or energy security, or because of future government subsidies or as yet undeveloped technology. The solar revolution is already occurring through decisions made by self-interested energy users. The shift to solar energy is inevitable and will be as transformative as the last century's revolutions in information and communication technologies.
 

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Review: Solar Revolution: The Economic Transformation of the Global Energy Industry

User Review  - Goodreads

Concise, prescient book. I read this about 6 years ago & it prepared me well to see the qualitative changes coming in the energy industry - & exploit the opportunity as a writer, businessperson, and ... Read full review

Contents

1 A New Path on the Horizon
3
II Past to the Present
21
2 A Brief History of Energy
23
3 An Unsustainable Status Quo
45
4 The Field of Alternatives
67
5 Solar Energy
89
III Future Transformations
113
6 Modern Electric Utility Economics
115
IV A Promising Destination
169
9 Tools for Acceleration
171
10 Facing the Inevitable
185
Energy and Electricity Measurements
199
Notes
201
Suggested Readings
221
Credits
223
Index
227

7 The Emergence of Distributed Economics
135
8 Solar Electricity in the Real World
153

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Page 215 - Assessment of the World Bank ( GEF Strategy for the Market Development of Concentrating Solar Thermal Power (Washington, DC: Global Environment Facility, 2005). Available at <http://thegef.org/Documents/Council_Documents/GEF_C25/C.25.Inf.11_ World_Bank_Assessment.pdf>, p. iv. 20. Tri-State Generation and Transmission Association, "Springerville's WorldClass Solar Site,

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