Books

How Solar Energy Became Cheap

A Model for Low-Carbon Innovation

Gregory F. Nemet | 2019

Drawing on developments in the US, Japan, Germany, Australia, and China, this book provides a truly comprehensive and international explanation for how solar has become inexpensive. Understanding the reasons for solar’s success enables us to take full advantage of solar’s potential. It can also teach us how to support other low-carbon technologies with analogous properties, including small modular nuclear reactors and direct air capture. However, the urgency of addressing climate change means that a key challenge in applying the solar model is in finding ways to speed up innovation. Offering suggestions and policy recommendations for accelerated innovation is another key contribution of this book.

Publisher: Routledge

Book Reviews

Gregory F. Nemet’s book How Solar Energy Became Cheap: A Model for Low-Carbon Innovation provides a comprehensive assessment of solar’s cost declines and synthesizes a wide range of scholarship. The book aims not only to provide an answer to how solar became inexpensive but also to explain why it took so long and how PV could serve as a model for other technologies. The research is based on over 70 personal interviews and quantitative work in peer-reviewed publications by Nemet and others – John Bistline, Electric Power Research Institute

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About the Author

Gregory F. Nemet is a Professor at the University of Wisconsin–Madison in the La Follette School of Public Affairs.

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