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The underestimated potential of solar energy to mitigate climate change
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The underestimated potential of solar energy to mitigate climate change
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Journal Article
The underestimated potential of solar energy to mitigate climate change
2017
Overview
The Intergovernmental Panel on Climate Change's fifth assessment report emphasizes the importance of bioenergy and carbon capture and storage for achieving climate goals, but it does not identify solar energy as a strategically important technology option. That is surprising given the strong growth, large resource, and low environmental footprint of photovoltaics (PV). Here we explore how models have consistently underestimated PV deployment and identify the reasons for underlying bias in models. Our analysis reveals that rapid technological learning and technology-specific policy support were crucial to PV deployment in the past, but that future success will depend on adequate financing instruments and the management of system integration. We propose that with coordinated advances in multiple components of the energy system, PV could supply 30–50% of electricity in competitive markets.
Despite being currently under-represented in IPCC reports, PV generation represents a growing share of power generation. This Perspective argues that underestimating PV potential led to suboptimal integration measures and that specific deployment strategies for emerging economies should be developed.
Publisher
Nature Publishing Group UK,Nature Publishing Group
Subject
