While bare eyes can readily identify today’s central power plants due to their electrical structure, cables and transformers, we expect the future to bring changes to the general power generation infrastructure. Large generation sites of diversified energy sources give, often inadvertently, a certain distinction to their surrounding landscape. Yet, a technology leap involving solar PV, energy storage and the integration of AI will have an impact on the power generation layout in the near future.
Recent blogs have looked closely at various renewable energy sources’ levelized cost of energy (LCOE). This measure has been, and will likely remain, an essential metric when it comes to comparing energy-related projects. A key advantage is that LCOE is expressed in currency per megawatt-hour or kilowatt-hour, and is flexible through its use of each assets’ development and operational parameters.
Over the past decade, costs trends within the renewable energy sector have been dramatically decreasing, making wind (as discussed in our post “Wind Energy LCOE Breakdown”) and solar two of the most competitive energy sources.
Within this blog, we will talk about solar photovoltaic (PV) by starting to elaborate on basic knowledge facts and get deeper into the rabbit hole by focusing on all aspects of this technology.
Electrifying is a blog founded by Markus Dirnbacher & Michael Bürger to provide useful and up to date content about renewable energy. This blog is relevant for anyone interested in renewable energies, no matter if you are just getting started, are an informed individual, work in related industries, or are an expert in the field. We include all different kinds of sustainable energy sources, technologies and business opportunities, for our readers. Our goal is to provide reliable information to our audience.