by Stacy Feldman -
Jun 20th, 2008
Here’s the latest on America’s solar energy potential from a well-reasoned new report by Clean Edge and Co-op America:
Solar could become ubiquitous as with earlier semiconductor-based revolutions.
Right now, solar makes up just one-tenth of one percent of the US total energy supply. But that could jump to ten percent by 2025 with a total investment of about $30 billion a year and a sharp turn in thinking from the nation’s utilities, according to the new roadmap to a solar future, Utility Solar Assessment (USA) Study (pdf).
It’s practical counsel when you consider that the utility industry spent $70 billion last year on traditional power plants and distribution. From the study:
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