SEEERS 2025 is a multi-year initiative launched by the Division of Vitality’s Superior Analysis Initiatives Company-Vitality (ARPA-E) to develop and exhibit applied sciences that may dramatically cut back the price of photo voltaic vitality. The initiative is targeted on growing photo voltaic applied sciences that may obtain a price of $0.05 per kilowatt-hour by 2025, which is a major discount from the present value of photo voltaic vitality. SEEERS 2025 is a part of ARPA-E’s broader efforts to speed up the event of fresh vitality applied sciences.
The initiative is necessary as a result of it may assist to make photo voltaic vitality extra reasonably priced and accessible, which may result in a major improve in the usage of photo voltaic vitality. Photo voltaic vitality is a clear, renewable supply of vitality that doesn’t produce greenhouse gases, so it may assist to cut back our reliance on fossil fuels and mitigate local weather change. SEEERS 2025 can be necessary as a result of it may assist to create new jobs and increase the financial system.
