Environmental cost of solar energy

Do solar energy benefits outweigh the costs?

Benefits of solar photovoltaic energy generation outweigh the costs, according to new research from the MIT Energy Initiative. Over a seven-year period, decline in PV costs outpaced decline in value; by 2017, market, health, and climate benefits outweighed the cost of PV systems.

How does solar energy affect the environment?

Using solar energy can have a positive, indirect effect on the environment when solar energy replaces or reduces the use of other energy sources that have larger effects on the environment. However, producing and using solar energy technologies may have some environmental affects.

How much can solar energy save a year?

Achieving the SunShot-level solar deployment targets—14% of U.S. electricity demand met by solar in 2030 and 27% in 2050—could reduce cumulative power-sector GHG emissions by 10% between 2015 and 2050, resulting in savings of $238–$252 billion. This is equivalent to 2.0–2.2 cents per kilowatt-hour of solar installed (¢/kWh-solar).

Should solar energy be monetized?

Monetizing the environmental health benefits of solar could add ~3.5¢/kWh to the value of solar energy (see Wiser et al. 2016). The monetary impacts due to environmental degradation and public health impacts seem far removed from the apparent “sticker price” of electricity.

Can solar power improve public health and the environment?

Improving public health and the environment is but one aspect of solar’s many costs and benefits. Clearly, however, the assignment of value to such “external” impacts has potential implications for policy innovation and the economic competitiveness of solar and other generation technologies.

Can solar energy be installed on land?

Clearing land for a power plant may have long-term effects on the habitats of native plants and animals. However, installing solar energy systems on land that has marginal agricultural value or integrating solar energy systems on farms may provide a variety of economic and environmental benefits to farmers.