This research project is led by Professor Ravi Silva, Director of Surrey's Advanced Technology Institute, and Dr Mona Chitnis of the School of Economics. Funded by the , it runs from April 2020 to July 2020.
The project tackles the question of what will need to happen in the UK in order to achieve free, clean, equitable energy for all by 2035. Renewable and low carbon technologies are expected to be able to meet the world’s global energy demand in future, but how do we accelerate this transition?
The ‘at plug’ cost of solar power has come down dramatically over the last 20 years, and this trend is expected to continue.
This research project investigates the economic potential for solar power in the UK, and how we can move towards 'energy as a service'. By analysing the absolute cost associated with solar power (LCOE, NPV etc), the aim is to obtain evidence of the economic potential for 'free' solar power in the UK and be in a strong position to advise on long term energy policy.
Contact Professor Silva Contact Dr Chitnis