This new article presents the StratoSolar PV technology and its economics. The article is accessible under the PV Home/PV Documents menu button. The economics section highlights the unsustainable cost of the current business as usual scenario. Hopefully the current fiscal climate of austerity will encourage an interest in new ideas that can realistically offer the prospect of market competitive clean energy without subsidy. The StratoSolar approach has been extensively researched and engineered to the detailed design level. The R&D cost is small, especially when compared to the billions spent on subsidies.
The StratoSolar PV tutorial document (under the PV Home button/PV Documents) provides a lot of detailed information about the PV option. The update adds more information on the relative cost advantage of StratoSolar PV as compared to ground based PV, and its particular advantage for northern latitudes. It also outlines the scope of the growing subsidy burden required to keep PV technology on its historical improvement curve. With the end of fiscal stimulus in the US and the growing government austerity in both Europe and the US, it is difficult to see where the rapidly growing PV subsidy budget is going to come from. StratoSolar can eliminate the need for subsidy based on the current costs of PV technology.
This presentation serves as a brief introduction to StratoSolar technology and StratoSolar PV economics.