Technology Status - NET Nowak Energie & Technologie AG
Technology Status - NET Nowak Energie & Technologie AG
Technology Status - NET Nowak Energie & Technologie AG
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System DC/AC unit costs (individual<br />
home basis) per W in 1997 USD<br />
8<br />
7<br />
6<br />
5<br />
4<br />
3<br />
2<br />
1<br />
0<br />
2020. These cost figures fit quite well with forecasts given by the World Energy<br />
Council with projected installed system capital cost of around USD 1,500 per<br />
kW for PV solar technology in 2020 and by EPRI/DOE for building-integrated<br />
PV systems costing around USD 2,000 per kW (see Figure 27).<br />
Figure 27<br />
Cost Development and Indicators for Photovoltaic Systems<br />
In sum, about half of the future cost decreases for PV will be the result of R&D<br />
into improving materials, processes, conversion efficiency and design.<br />
Substantial cost reductions can also be gained through increased<br />
manufacturing volume and economies of scale. Increasing the size of<br />
components and plants will also reduce costs.<br />
3<br />
1997 2000 2005 2010 2020 2030<br />
Year<br />
PV module cost USD/W Power-related BOS USD/W<br />
Area-related BOS USD/W (DC) Area-related BOS USD/W (AC)<br />
Note: Based on crystalline silicon residential systems.<br />
Sources: EPRI, US DOE.<br />
Table 14<br />
Cost Reduction Opportunities for Solar Photovoltaics (%)<br />
Solar Up to<br />
photovoltaics 20-25<br />
R&D Economy of scale I Economy of scale II Economy of scale III<br />
(components size) (manufacturing (plant size)<br />
volume)<br />
SOLAR PHOTOVOLTAIC POWER<br />
Up to 5 Up to 15 Up to 5<br />
Note: In % within a decade based on expected technology learning and market growth.<br />
Source: <strong>NET</strong> Ltd., Switzerland.<br />
71