Energy & Environment

Energy at a Glance: Solar Power Reliability and Costs

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For the full report, see the PDF.

Solar energy is electricity or thermal energy generated by sunlight striking either photovoltaic (PV) panels for electricity generation, 3 or Concentrating Solar- Thermal Power (CSP), which concentrates solar radiation for use as either electricity or thermal (heat) energy.4

CSP plants are most often used for larger scale electricity generation. Utility-scale CSP plants use large ground-mounted mirrors, which reflect and concentrate solar radiation onto a receiver tower.

PV technology systems use individual PV “cells” that are linked together into panels or modules.5 This type of solar power generation makes up most of the utility-scale electricity generation from solar in the United States.6

Quick Bullets:

Solar energy is generated when sunlight strikes photovoltaic panels, generating electricity.

Solar energy made up 5 percent of total electricity generation in the United States at its early summertime peak in 2022.

In 2019, the average wholesale electricity price of solar was on average $36 per megawatt-hour.

Solar does not work at night, performs poorly in cloudy conditions and during winter months, and struggles in high temperatures.

 

  • Linnea Lueken

    Linnea Lueken is a Research Fellow with the Arthur B. Robinson Center on Climate and Environmental Policy at The Heartland Institute. While she was an intern with The Heartland Institute in 2018, she co-authored a policy brief ‘Debunking Four Persistent Myths About Hydraulic Fracturing’. Lueken graduated from the University of Wyoming in 2018 with a B.S. in Petroleum Engineering, and a minor in geology. In college, she was active in her sorority, the UW Shooting Sports Team, and College Republicans, as well as a variety of engineering organizations. Before coming to Heartland, she worked in the Gulf of Mexico on deepwater drillships as a logging geologist.