Solar Power Prospects

Studies | Environment

No. 334
Wednesday, May 11, 2011
by H. Sterling Burnett

The production of electricity from renewable energy technologies is growing much faster than the electric power supply as a whole, and solar power is among the fastest growing segments of the renewable energy market. Public policy concerns and economics are driving this growth. Some analysts and politicians believe that increasing solar power use will enhance U.S. national security by reducing dependence on imported energy — primarily oil from the Organization of Petroleum Exporting Countries (OPEC) and Russia.

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