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    • Economics and Business Senior Integrated Projects
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    •   CACHE Homepage
    • Academic Departments, Programs, and SIPs
    • Economics and Business
    • Economics and Business Senior Integrated Projects
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    An Analysis of the Feasibility of Solar Energy as a Viable Energy Source

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    Date
    2012
    Author
    Benmark, Tyler M.
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    Abstract
    This paper attempts to find if solar energy is economically, socially, and politically feasible. Fossil fuels, the energy sources that fuel our world, are exhaustible, expensive, and harmful. In contrast, alternative energies prove to be sustainable and harmless. By analyzing both positive and negative national implementations of solar power, the factors for a successful national implementation are outlined. The factors (economics, politics, and societies) are both necessary and required in the United States. In the first portion of the analysis, Germany is used as an example of a successful implementation of all of the factors. Germany, by using a simple incentive, has restructured the nation into a renewable powerhouse. In contrast, Spain is used as an example of an unsuccessful implementation of solar power. This paper further investigates the feasibility of solar energy at Kalamazoo College by using the Kalamazoo College solar installation as a case study. It is determined that the solar installation provides positive economical and social implications to the college. Also, by using theoretical incentives similar to German incentives, the case study is proven to have larger economical implications thus providing empirical evidence of the need for political support.
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    http://hdl.handle.net/10920/28977
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    • Economics and Business Senior Integrated Projects [1199]

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