Abstract
Over the last three years, there has been a massive reduction in photovoltaic system costs both here in Australia and overseas. Annual worldwide installed capacity continues to grow rapidly with reasonable prospects of increasing from the 2018 figure of 109 gigawatt/year to a terawatt/year sometime over the next decade. The significance of this level is that, if displacing coal from electricity generation or oil from transport, this would reduce global CO2 emissions by approximately the 5%/year figure targeted in the more aggressive IPCC scenarios. One consequence of such an outcome would be massive amounts of electricity available around noon on sunny days, which opens up new opportunities for storage, load shifting, new daytime loads including electric vehicle charging and solar fuel production and export via long-distance transmission.
The presentation will present recent data on photovoltaic costs and volumes and discuss some of these opportunities.
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Brief Bio
Professor Martin A. Green, AM, FAA, FTSE, FIEEE, FRS
is the author of six books, twenty-one book chapters and over three hundred research papers in photovoltaics. He is currently the director of the Australian Centre for Advanced Photovoltaics funded by the Australian Renewable Energy Agency (ARENA).
Some of Professor Green's Awards:
*1982 Pawsey Medal (Australian Academy)
*1988 Award for Outstanding Achievement in Energy Research
*1990 IEEE Cherry Award
*1992 CSIRO External Medal
*1995 IEEE Ebers Award
*1999 Australia Prize
*2000 Gold Medal from the Spanish Engineering Academy
*2000 Medal of Engineering Excellence for Distinguished Achievement in the Service of Humanity from the World Engineering Federation (Hannover, 2000)
*2000 Millennium Award from the World Renewable Congress
*2002 Right Livelihood Award
*2003 Karl Böer Solar Energy Medal of Merit Award from the University of Delaware
*2006 Finalist, European Inventor of the Year (together with Stuart Wenham)
*2008 Winner, 2008 Scientist of the Year Award
*2009 Zayed Future Energy Prize finalist, recognized at the award ceremony for his ground breaking research in photovoltaic (PV) technology that will result in increased efficiencies, bringing solar energy closer to grid parity.
*2013 Foreign Member of the Royal Society (ForMemRS) of London
*2015 James Cook Medal of the Royal Society of New South Wales
*2018 Celebrated Members of IEEE Electron Devices Society
*2018 The Global Energy Prize for research, development and educational activities in the field of photovoltaics that have revolutionized the efficiency and costs of solar photovoltaics, making this now the lowest cost option for bulk electricity supply
