Floating Solar Panels Could Provide Over A Third Of Global Electricity
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Over the past decade, the cost of solar power has dropped dramatically, making it the cheapest source of electricity in most parts of the world. Obviously, this could mean cheaper energy. But it also means we can place panels where it would be too expensive and still produce profitable energy.
One of the most interesting options is the installation of panels on artificial reservoirs that float or hang on cables. Although it is more expensive than ground installation, it creates a win-win situation. the modules limit water evaporation and the water cools the modules allowing them to work more efficiently in hot climates.
Although the potential of Floating Solar has been explored in several places, a group of researchers did a global analysis and found it to be huge. Even if we limit installations to a small fraction of the surface area of existing bodies of water, floating panels can generate almost 10,000 terawatt-hours per year, saving more than 100 cubic kilometers of water from evaporation.
Going global
The international team of researchers behind the new work admit they are far from the first to explore the potential of floating solar power. However, most previous analyzes have been limited to a single country or reservoir system. The new work is unique in that it is global in nature and uses the most advanced model of photovoltaic cells in various environmental conditions developed by the Sandia National Laboratory of the US Department of Energy. The team also obtained data on temperature, solar radiation and wind speed over two decades from two different Earth observation satellite systems.