By Sarah Lozanova, Solar PV Writer
There is now enough installed solar energy capacity in the U.S. to power 13.5 million homes, and this amount is expected to double in the next five years. The solar energy industry is part of a very dynamic market. Many factors — including government policies, fossil fuel costs, solar energy technology advances, commodity prices, and even public awareness of the climate crisis — impact solar energy deployment across the globe.
What’s in store for the year ahead? Let’s explore some trends in solar energy to better understand what is on tap for 2020.
Solar Battery Prices Are Falling
Solar energy is an intermittent energy source. This means that solar panels produce power when the sun is shining and not when it isn’t. Energy storage allows the solar system to supply power when the sun has set or in cloudy weather, expanding the capabilities of solar energy systems.
There are two main types of solar batteries: lead-acid batteries (like you have in your car) and lithium-ion batteries. The latter is far more advanced, longer-lasting, and requires less maintenance. Not surprising, lithium-ion batteries have a higher upfront cost, but the price has been decreasing significantly in recent years. The cost of lithium-ion battery storage fell 35 percent from the first half of 2018 to now (December 2019) and 76 percent since 2012. This downward price trend is good news for renewable solar energy in 2020 — and it’s likely to continue.
Natural gas plants are often used to meet peak energy loads because they can more easily be turned on and off than coal or nuclear power plants. Lower costs make it easier for intermittent renewable energy sources — such as wind and solar — to be cost-competitive with dispatchable fossil-fired power plants. Price decreases in utility-scale battery banks now make solar plus energy storage competitive in many areas on price alone. Battery banks can make it unnecessary to fire up power plants during times of peak demand, reducing fossil fuel consumption. The greater the capabilities of solar, the less attractive and financially viable these peaker power plants become.
On the residential side, more homeowners are relying on solar systems with battery storage for emergency power during grid outages than ever before. This is an especially attractive option in areas prone to extended power outages due to natural disasters or with inadequate utility infrastructure, like Puerto Rico.
Image Credit: Sundog Solar
Trends in Solar Energy - Clean Energy Writer
By Sarah Lozanova, Solar Panel Writer
The U.S. has more than 2 million solar installations. This means there are tens of millions of solar panels on roofs and racking systems. Solar energy is fantastic for reducing carbon emissions and promoting energy independence, but what happens at the end of the panel’s 30-year lifespan?
There is a looming waste management issue as solar systems age and will eventually be decommissioned. Is the U.S. prepared for large-scale solar panel recycling?
“Installations two decades ago are nearing their end of life, and that becomes a challenge for the waste industry,” says Garvin Heath, a senior scientist in the Strategic Energy Analysis Center of the National Renewable Energy Laboratory (NREL). “Because it takes a long time to develop technology and policy and solutions to dealing with end-of-life products, this is something we need to start to address today.”
According to Heath, solar panels could comprise more than 10 percent of global electronic waste by 2050.
Solar panel recycling presents an economic opportunity and can spawn new industries. A study by the International Renewable Agency (IRENA) estimates that by 2050, $15 billion could be recovered from recycling solar panels. There are also repair and reuse opportunities for solar panels that fail prematurely. These repaired solar panels are often sold at a discount, creating opportunities in new markets where affordability is an issue.
What Parts of the Solar Panel Can Be Recycled?
Glass, plastic, aluminum, and silicon comprise 99 percent of the silicon-based solar panels.
Image Credit: Nichole McClure