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The Economics of Solar Energy

The Economics of Solar Energy. Oscar Galvez Eric Rosales Kevin Santos. Introduction. “China has leapfrogged the West to emerge as the world’s largest manufacturer of solar panels” (New York Times). Local Production. Solar Energy. An energy that is distributed worldwide .

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The Economics of Solar Energy

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  1. The Economics of Solar Energy Oscar Galvez Eric Rosales Kevin Santos

  2. Introduction “China has leapfrogged the West to emerge as the world’s largest manufacturer of solar panels” (New York Times)

  3. Local Production

  4. Solar Energy An energy that is distributed worldwide. Quietest, safe, and clean. Production of solar panels Incentives Local buildings and homes Installation and Maintenance

  5. American Solar Energy Society 9 million jobs and $1,045 billion in U.S. revenue in 2007 The renewable energy industry grew three times as fast as the U.S. economy

  6. Large Plants

  7. Large plants Creates more jobs Helps us not use other resources The large out there

  8. Graph of employment rate

  9. Construction jobs in Calfornia

  10. Grid Saving Cost

  11. Grid Saving Cost • Fossil Fuels expensive • Save money • Solar energy use more

  12. Fossil Fuel VS. Solar Energy • Fossil fuels running out • Nonrenewable • Power plants with pollution • Renewable • Solar energy is free. • Price of energy is dropping

  13. Cost • Fossil fuel is cheaper • Solar energy dropping • 2020 should be last than Fossil fuel price

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