13 Sep '17, 3pm

2020 Utility-Scale Solar Goal Reached Early

Residential- and commercial-scale solar costs have also come down steadily, lowering to 16 and 11 cents per kWh respectively, and work continues to reach the 2020 cost targets of 10 and 8 cents. According to the National Renewable Energy Laboratory report, low module prices have been the largest driver of cost reductions, while the more stubborn “soft” costs—like labor, permitting, interconnection, customer acquisition, financing, and grid integration—remain challenges. Now, the Department of Energy (DOE) is looking beyond SunShot’s 2020 goals with an expanded 2030 vision for the Solar Energy Technologies Office. Specifically, while DOE will continue research to drive down costs, new funding programs will focus on a broader scope, which includes early-stage research to address solar energy’s critical challenges of grid reliability, resilience, and storage. “With the impres...

Full article: https://www.renewableenergymagazine.com/pv_solar/2020-uti...

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