In the book Solar Revolution, The Economic Transformation of the Global Energy Industry, published by MIT Press, fund manager and former corporate buyout specialist Travis Bradford argues--on the basis of standard business and economic forecasting models--that over the next two decades solar energy will increasingly become the best and cheapest choice for most electricity and energy applications. Solar Revolution outlines the path by which the transition to solar technology and sustainable energy practices will occur.
Solar energy will eventually be the cheapest source of energy in nearly all markets and locations because PV can bypass the aging and fragile electricity grid and deliver its power directly to the end user, fundamentally changing the underlying economics of energy. As the scale of PV production increases and costs continue to decline at historic rates, demand for PV electricity will outpace supply of systems for years to come.
A couple of quotes from the first chapter indicate the thrust of the book:
"For reasons that this book explores in full, solar energy will inevitably become the most economic solution for most energy applications and the only viable energy option for many throughout the world. Currently, sunlight is the only renewable-energy source that is ubiquitous enough to serve as the foundation of a global energy economy in all of the locations where energy will be required, from the industrialized world to the developing one."
"Increasingly and dramatically over the next few decades, however, consumers will turn directly to the sun for their energy. This will happen not because solar power is clean and green but because basic economic and political reasons compel us to make this choice."