Arbeitspapier

Solar power's rise and promise

Time was when solar energy was facilely dismissed as impractical, inefficient, and pricey. In recent years, however, innovations in technology, regulation, and financing have resulted in remarkable efficiency improvements and price reductions, thereby reversing the skepticism about this renewable energy (RE) source. In this paper, we explore how this has happened, to what extent photovoltaic solar technology has been accepted around the world, and what might be its potential for inclusive green growth. We find that adoption of both on-grid and off-grid solar systems has been widespread and rapidly increasing. Particularly noteworthy is the utilization of small- scale individual or distributed off-grid solar home systems (SHS) in remote and underserved areas in the developing world, including East Africa and South Asia. It appears that the Philippines has been a relative latecomer. Data show that solar power's "installed" capacity remains a tiny fraction of all RE sources (that also include hydro, geothermal, wind, biomass, and ocean). Moreover, such capacity is for ongrid only; there seems none as yet installed for off-grid SHS. We conclude with the paper's main points and possible implications for policy and research.

Sprache
Englisch

Erschienen in
Series: UPSE Discussion Paper ; No. 2015-08

Klassifikation
Wirtschaft
Economic Development: General
Industrialization; Manufacturing and Service Industries; Choice of Technology
Renewable Resources and Conservation: General
Renewable Resources and Conservation: Government Policy
Thema
Renewable energy
Inclusive green growth
Rural electrification
Economic development

Ereignis
Geistige Schöpfung
(wer)
Pernia, Ernesto M.
Generoso, Maria Janela M.
Ereignis
Veröffentlichung
(wer)
University of the Philippines, School of Economics (UPSE)
(wo)
Quezon City
(wann)
2015

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Pernia, Ernesto M.
  • Generoso, Maria Janela M.
  • University of the Philippines, School of Economics (UPSE)

Entstanden

  • 2015

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