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We w elcome you to a conversation about the Future of Solar Energy

Team Sunshine. We w elcome you to a conversation about the Future of Solar Energy. Sara Yackey. Becca Zeman. Phil Wentworth. The Conversation. What is Solar Energy? Why the Mystery? Global Initiatives Economics Opportunities for the future:

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We w elcome you to a conversation about the Future of Solar Energy

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  1. Team Sunshine Wewelcomeyou toa conversationaboutthe Future of Solar Energy

  2. Sara Yackey Becca Zeman Phil Wentworth

  3. The Conversation • What is Solar Energy? • Why the Mystery? • Global Initiatives • Economics • Opportunities for the future: • Things to consider and possible challenges • Why not Solar

  4. What is Solar Energy • Solar – from the sun • Energy – the force used to move something • Considered an “Alternative Energy” as opposed to Fossil Fuels

  5. Why the mystery????? • Solar energy was created when the sun was • Life is fueled by the Sun • Fossil fuels were created through solar energy • It seems so obvious, and yet so complicated So……

  6. A futurist perspective Insert kurzweil’s video here Source - http://seekingalpha.com/article/306468-the-real-issue-with-solar-energy-isn-t-its-cost

  7. Interesting Facts • Did you know? • One kilowatt equals 1,000 watts, • A sunny location receives an average of 5.5 hours of sunlight per day each year. • A cloudy location receives 2.5 hours per day of sunlight each year. • A solar energy system can provide electricity 24 hours a day Source: http://www.solarbuzz.com/going-solar/using/quick-facts

  8. Globally • Germany is leading the European nations • Incentives for companies to develop and consumers to implement • In Far-East Asia: Japan and China are industry leaders. • Japan - New Sunshine Project • China - Technology has grown exponentially. http://www.renewableenergyworld.com

  9. Economics - $100 Billion Industry Worldwide* In the US the impact of the Solyndra Bankruptcy on the heels of significant government loans has lead to a PR nightmare for the industry Technology has continued to evolve, developing methods and machinery to reduce the expense of implementation and to reduce the cost to consumers. Average cost currently ~$3/Watt, economists estimate a drop to $1.45/Watt by 2020, and $1/Watt by 2025 Private investor funding is crucial due to world wide economic crisis. http://www.renewableenergyworld.com

  10. Increase cost of fossil fuels

  11. Fossil Fuels…need we say more

  12. Opportunities for the future Population growth will force the need for alternative energy Increase Cost in Fossil Fuels and decreased cost of solar energy Source:http://seekingalpha.com/article/306468-the-real-issue-with-solar-energy-isn-t-its-cost

  13. Population growth Video Here http://www.youtube.com/watch?v=sc4HxPxNrZ0&feature=player_embedded

  14. Population Growth

  15. Efficiency

  16. Impact of Nanotechnology SAVES MONEY! • Reduces manufacturing costs • Reduces installation costs

  17. Environmental Impacts GO GREEN • Positives: • Conserves non-renewable energy sources • Facilities are better for the environment than fossil fuel facilities • Negatives: • Possibility of chemical spills • Construction of facilities will create pollutant materials

  18. Land Use MAJOR LAND REQUIREMENTS • Large solar farms require a large amount of land • Impact to existing structures • Impact to surrounding agriculture • SAS’s solar farm is surrounded by sheep • Eyesore

  19. Impact on Aviation • Glare from solar panels can cause issues of military and general aviation aircraft PILOTS MUST WATCH OUT FOR BLINDING GLARE!

  20. Complimentary Energy Sources WORKING TOGETHER! • Wind – wind in the winter, sun in the summer • Biomass • Water

  21. Solar Energy in 2025 • Globally, solar will be primary • Minimum 50% of the world’s power could be provided by solar energy • Population growth • Maturity of technology • Decreased costs of materials

  22. ??????Questions??????? Solar Energy In 2025…. Are you ready?

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