What are the expenses of Solar Energy?
Question:
Answer:
The big expense is the cost of setting up. Solar power is not particularly efficient at the moment so you have a lot of infrastructure that you have to put in. Australia has just started funding a solar project recently
http://www.theaustralian.news.com.au/sto...
http://mdn.mainichi-msn.co.jp/internatio...
These are a few articles on it. The other costs are the drawbacks. You have to store the power because power usually peaks at night time and solar power peaks during the day. So you have the cost of energy storage on top of the plant costs. To be totally honest with you I don't think anybody has a very accurate idea yet on how much it will cost to produce solar power. It is an older technology but it has not until recently been investigated on the scale that people are looking producing today. So there are costs of unforseen problems that will have to be factored in. These costs should drop over time as solar power becomes more common but the initial outlay may be substantial.
Anyway I wish I had more to say, Good luck with your research project.
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