Future Expectation of the Photovoltaics Role in Compensating Energy Demand

• Authors: Z. Er , I. Turna
• Languages of publication: EN

Abstracts

EN

Photovoltaics (PV) is becoming a mainstream electricity provider and the need for PV cells will spike compared to current demand. Solar power is based on obtaining electricity from solar radiation by using either photovoltaic cells or concentrated solar power (CSP). Both systems have different requirement to the area and advantages. However, there are several common disadvantages, which are related to the initial cost and regulatory issues that prevent investors from starting up such projects. Based on these premises the utilization of the solar power was examined in this study by highlighting the world's sustainable energy potential and investment statistics. Therefore research analysis related to the solar energy potential is presented as well. Although, the sustainable energy is the future of the world and requires slightly less amount of expense after installation, compared to conventional energy sources, the installation costs are the predominant factor of the utilization of the sustainable energy technologies. Furthermore, this study makes an overview of the world's solar power capacity today and makes prediction for the future. This study presents comprehensive market data together with forecasts for the short-run, while the role of PV is discussed considering the demand of energy.

Keywords

EN

89.20.Bb

Discipline

• 89.20.Bb: Industrial and technological research and development

• Publisher: Institute of Physics, Polish Academy of Sciences
• Journal: Acta Physica Polonica A
• Year: 2016
• Volume: 129
• Issue: 4
• Pages: 865-868

Dates

published

2016-04

Contributors

author

Z. Er

• Istanbul Technical University, Faculty of Science and Letters, Physics Engineering Department (13b), 34469 Maslak-İstanbul, Turkey

author

I. Turna

• Istanbul Technical University, Faculty of Science and Letters, Physics Engineering Department (13b), 34469 Maslak-İstanbul, Turkey

References

• [1] World Energy Council, World Energy Resources: 2013 Survey, 2013, p. 330 http://www.worldenergy.org/publications/2013/world-energy-resources-2013-survey/
• [2] L.M. Fraas, Low-Cost Solar Electric Power, Ch. 1, Springer, USA 2014, doi: 10.1007/978-3-319-07530-3
• [3] Renewable Energy Policy Network for the 21st Century, Renewables 2014 Global Status Report, 2014
• [4] The European Wind Energy Association, Wind in Power: 2013 European Statistics, 2014 http://www.ewea.org/fileadmin/files/library/publications/statistics/EWEA_Annual_Statistics_2013.pdf
• [5] R. Bertani, Geotherm. 60, 31 (2016), doi: 10.1016/j.geothermics.2015.11.003
• [6] European Photovoltaic Industry Association, Global Market Outlook for Photovoltaics 2014-2018, 2014
• [7] Frankfurt: Frankfurt School - UNEP Collaborating Centre for Climate & Sustainable Energy Finance, Global Trends in Renewable Energy Investment 2014, 2014 http://fs-unep-centre.org/sites/default/files/attachments/14008nef_visual_12_key_findings.pdf
• [8] Bloomberg New Energy Finance, Global Trends in Clean Energy Investment Q4 2013, 2014 http://bnef.com/InsightDownload/9155/pdf/

Identifiers

DOI

10.12693/APhysPolA.129.865