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Utility solar prices will continue to drop all over the world even without subsidies

Author

Listed:
  • Harry Apostoleris

    (Masdar Institute Campus)

  • Sgouris Sgouridis

    (Masdar Institute Campus)

  • Marco Stefancich

    (Dubai Electricity and Water Authority)

  • Matteo Chiesa

    (Masdar Institute Campus
    UiT The Arctic University of Norway)

Abstract

Hardware costs, cost of labour, favourable cost of capital, low taxes and low, but positive, profit margins all contributed to lowering the price of utility solar power in the Middle East. These prices and policies can be replicated elsewhere without direct subsidies and prices will continue to reduce in the future.

Suggested Citation

  • Harry Apostoleris & Sgouris Sgouridis & Marco Stefancich & Matteo Chiesa, 2019. "Utility solar prices will continue to drop all over the world even without subsidies," Nature Energy, Nature, vol. 4(10), pages 833-834, October.
    • Handle: RePEc:nat:natene:v:4:y:2019:i:10:d:10.1038_s41560-019-0481-4
    DOI: 10.1038/s41560-019-0481-4
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    Citations

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    Cited by:

    1. D'Adamo, Idiano & Gastaldi, Massimo & Morone, Piergiuseppe, 2020. "The post COVID-19 green recovery in practice: Assessing the profitability of a policy proposal on residential photovoltaic plants," Energy Policy, Elsevier, vol. 147(C).
    2. Harry Apostoleris & Marco Stefancich & Matteo Chiesa, 2021. "The CPV “Toolbox”: New Approaches to Maximizing Solar Resource Utilization with Application-Oriented Concentrator Photovoltaics," Energies, MDPI, vol. 14(4), pages 1-15, February.
    3. Lin, Chao & Cai, Peipei, 2023. "Analyzing the impacts of natural resource utilization and green economic growth in China: Evidence from a econometric analysis," Resources Policy, Elsevier, vol. 81(C).
    4. Li-Chen Sim, 2023. "Renewable Energy and Governance Resilience in the Gulf," Energies, MDPI, vol. 16(7), pages 1-17, April.
    5. Tao Zhai & Jiabin Liu & Daqing Wang, 2023. "Optimization path of agricultural products marketing channel based on innovative industrial chain," Economic Change and Restructuring, Springer, vol. 56(6), pages 3949-3977, December.
    6. Wang, Lin & Dilanchiev, Azer & Haseeb, Mohammad, 2022. "The environmental regulation and policy assessment effect on the road to green recovery transformation," Economic Analysis and Policy, Elsevier, vol. 76(C), pages 914-929.
    7. Sgouridis, Sgouris & Ali, Mohamed & Sleptchenko, Andrei & Bouabid, Ali & Ospina, Gustavo, 2021. "Aluminum smelters in the energy transition: Optimal configuration and operation for renewable energy integration in high insolation regions," Renewable Energy, Elsevier, vol. 180(C), pages 937-953.
    8. Wieland Van De Sande & Omid Alavi & Philippe Nivelle & Jan D’Haen & Michaël Daenen, 2020. "Thermo-Mechanical Stress Comparison of a GaN and SiC MOSFET for Photovoltaic Applications," Energies, MDPI, vol. 13(22), pages 1-17, November.
    9. Eikeland, Odin Foldvik & Kelsall, Colin C. & Buznitsky, Kyle & Verma, Shomik & Bianchi, Filippo Maria & Chiesa, Matteo & Henry, Asegun, 2023. "Power availability of PV plus thermal batteries in real-world electric power grids," Applied Energy, Elsevier, vol. 348(C).
    10. Xiaoxiao Wu & Hongfu Chen & Ying Qian & Quanyong Lei, 2024. "Fostering social innovation in the energy transition: entrepreneurial solutions for a sustainable economy," Economic Change and Restructuring, Springer, vol. 57(2), pages 1-19, April.
    11. Blessing Ugwoke & Adedoyin Adeleke & Stefano P. Corgnati & Joshua M. Pearce & Pierluigi Leone, 2020. "Decentralized Renewable Hybrid Mini-Grids for Rural Communities: Culmination of the IREP Framework and Scale up to Urban Communities," Sustainability, MDPI, vol. 12(18), pages 1-26, September.
    12. Mohammed Bin Afif & Abdulla Bin Afif & Harry Apostoleris & Krishiv Gandhi & Anup Dadlani & Amal Al Ghaferi & Jan Torgersen & Matteo Chiesa, 2022. "Ultra-Cheap Renewable Energy as an Enabling Technology for Deep Industrial Decarbonization via Capture and Utilization of Process CO 2 Emissions," Energies, MDPI, vol. 15(14), pages 1-15, July.

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