SunShot Initiative helping make solar competitive
To help reach President Obama's renewable energy goals, the Department of Energy has introduced the SunShot Initiative which will work to reduce the total costs of solar arrays by about 75 before the year 2020. This major program will help to make solar energy costs competitive with all other forms of energy and will "leverage the combined technical expertise of research laboratories, academic institutions, and industry across the country". The goal is to re-establish the United States' leadership in the renewable energy industry and to reinforce our economic competitiveness in the worldwide clean energy race, which is being compared to President Kennedy's "moon shot" goal.
The four main goals of the SunShot Initiative are:
1. Reach Cost Parity with Baseload Energy Rates
2. Increase Solar Photovoltaic Market Shares
3. Boost Solar Manufacturing
4. Reduce Greenhouse Gas Emissions
To read more about the DOE's SunShot Initiative, click here for more information.