Greenpeace believes that given the environmental imperatives now facing all countries the stage is set for explosive growth in the market for solar electric power. Why is it still not happening?
Neither government nor industry have made meaningful progress towards creating a mass market for photovoltaic power. Given this failure, Greenpeace commissioned global financial advisors KPMG to analyse whether a competitive mass PV energy market could be achieved today, and if so, what barriers are holding back its development.
The results of the KPMG report conclude that grid-connected PV power can be made competitive with standard domestic electricity by simply using economies of scale applied to today's standard PV technology. The outcome would be a four-fold drop in the price of solar energy and the opening up of the enormous grid-connected electricity markets of the developed world.
