Eco-Living Magazine

SunShot Initiative Aims to Make Solar Affordable

Posted on the 15 February 2012 by 2ndgreenrevolution

SunShot Initiative Aims to Make Solar AffordableThe United States’ Department of Energy (DOE) is working to bring down solar energy costs. The program, known as the SunShot Initiative, “is a collaborative national initiative to make solar energy cost competitive with other forms of energy by the end of the decade.” The goal is to drive down the costs of solar energy systems by roughly three-fourths with the hope that it “will drive widespread, large-scale adoption of this renewable energy technology and restore U.S. leadership in the global clean energy race.”

As part of the initiative, Secretary of Energy Stephen Chu announced last month “two opportunities that will engage innovative scientific thinkers from the nation’s top universities to drive transformational research in solar energy.” In order to spur “promising utility-scale solar energy technologies, DOE will make up to $10 million available to support the development of more efficient heat transfer fluids to reduce the cost of energy from concentrating solar power (CSP) systems. The announcement also opens the second round of SunShot Initiative postdoctoral research awards for applied research at universities, national laboratories, and other research facilities.”

Essentially CSP takes the idea that most kids already know: focus sunlight on an object (think magnifying glass on a leaf) and it generates a lot of heat. The same idea lies behind this technology. For more information, and a bit more nuanced explanation on how CSP works, the DOE has an instructional video on their website.
[Image source]


You Might Also Like :

Back to Featured Articles on Logo Paperblog

These articles might interest you :

  • How to Encourage Wild Birds to Your Garden

    It’s autumn and perhaps you’re thinking about feeding the birds that frequent your garden?  Earlier this year, when Moral Fibres was all shiny and new, I wrote ... Read more

    The 25 October 2013 by   Moralfibres
    ANIMALS & WILDLIFE, ECO-LIVING, ENVIRONMENT
  • Sustainably Scary Halloween Costumes

    This Halloween, what if the scariest costume wasn’t a ghost or goblin? On Halloween we’re supposed to be frightened by haunted houses and jack-o-lanterns (or... Read more

    The 30 October 2013 by   2ndgreenrevolution
    ECO-LIVING, ENVIRONMENT
  • EDF Raises Prices by 3.9%

    ANOTHER ONE of the Big Six energy companies has announced a price hike. EDF energy prices will rise by 3.9% on average. The company joins SSE, Scottish Power,... Read more

    The 12 November 2013 by   Ecoexperts
    ECO-LIVING, ENVIRONMENT
  • British Gas Raises Energy Price by 9.2%

    BRITISH GAS has increased its prices by 9.2% above inflation, adding an average of £107 to annual duel-fuel bills. The prices will come into effect in... Read more

    The 17 October 2013 by   Ecoexperts
    ECO-LIVING, ENVIRONMENT
  • Is There a Right Way to Change the World?

    What is the best way to impact climate change? A precocious young student asked this question at a sustainability town hall that I recently attended. The studen... Read more

    The 13 November 2013 by   2ndgreenrevolution
    ECO-LIVING, ENVIRONMENT, SOCIETY

Add a comment