If photovoltaics (PV) is to be a major future source of electricity, it will need to compete without large government subsidies. One promising area for improvement of PV’s market competitiveness is module efficiency which can lower total PV electricity cost. The role of module efficiency in PV competitiveness is examined, including the efficiency-price ranges for different types of PV modules to compete.
Economics and policy analysis of sustainable energy
Awards and Honors:
He has contributed to Working Group III of the United Nations-sponsored Intergovernmental Panel on Climate Change (IPCC) since 1992 and shares the 2007 Nobel Peace Prize with the Panel’s authors and review editors. He is chairman of the board of the Foundation for Renewable Energy and Environment (FREE), an international organization established to promote a better future based on energy, water and materials conservation, renewable energy use, environmental resilience, and sustainable livelihoods. In 2011, Dr. Byrne was appointed Distinguished Professor of Sustainable Energy at the Daegu Gyeongbuk Institute of Science and Technology (South Korea). He previously received a Fulbright Senior Lecturer/ Researcher Award to teach environmental policy at the Graduate School of Environmental Studies, Seoul National University and to conduct research on a National Greenhouse Gas Abatement Strategy for the Korea Energy Economics Institute. He conceived the Sustainable Energy Utility (SEU) model and co-chaired the first SEU in the United States. He is the architect of its innovative sustainable energy finance program which executed its first tax-exempt bond sale in 2011 (US$73 million) with a rating of AA+. This bond model recently received US White House recognition as part of the Obama Administration’s Better Buildings Challenge.