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Proceedings Paper

Photovoltaic Applications And Economics
Author(s): M. K. Armstrong-Russell; W. Freedman; E. E. Spitler
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Paper Abstract

Chevron recently completed a comprehensive market study on the applications and economics of photovoltaic power systems. In this paper we report on the manufacturing cost goals and performance requirements that we believe must be met to ensure a significant domestic market in the 1990's and beyond. We conclude that a market on the order of $1 billion per year for central station photovoltaic (PV) systems can only result if PV power cost is competitive with the costs of intermediate load power generation. Even more efficient modules, manufactured at lower cost, are required for residential PV application due to the higher associated marketing costs and the fairly immediate benefit homeowners will require from such systems. This will hinder the development of a large, residential market.

Paper Details

Date Published: 8 September 1983
PDF: 14 pages
Proc. SPIE 0407, Photovoltaics for Solar Energy Applications II, (8 September 1983); doi: 10.1117/12.935697
Show Author Affiliations
M. K. Armstrong-Russell, Chevron Research Company (United States)
W. Freedman, Chevron Research Company (United States)
E. E. Spitler, Chevron Research Company (United States)

Published in SPIE Proceedings Vol. 0407:
Photovoltaics for Solar Energy Applications II
David Adler, Editor(s)

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