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Energy Economics: Why $100+ price per barrel of oil didn't stimulate demand for Solar and why lower prices don't hurt it.

Posted on: 07-Jul-2008

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Summary

Many of the arguments for solar centered on the idea once oil rose above $100 per barrel that demand for solar power would take off and start to displace oil. Once we were over that threshold, these arguments suddenly grew quiet. This paper explains why the future of photovoltaics or PVs is only weakly linked to oil prices. The real drivers are economic growth and global warming due to the distribution - supply chain - differences between fuel and electricity.

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About weQuest:
weQuest's are written by G Dan Hutcheson, his career spans more than thirty years, in which he became a well-known as a visionary for helping companies make businesses out of technology. This includes hundreds of successful programs involving product development, positioning, and launch in Semiconductor, Technology, Medicine, Energy, Business, High Tech, Enviorntment, Electronics, healthcare and Business devisions.

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President Bush and Obama

Short URL: https://www.wesrch.com/energy/weqTR1XD94

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