1. Agrivoltaics Align with Green New Deal Goals While Supporting Investment in the US’ Rural Economy
- Author
-
Chad W. Higgins, Ganti S. Murthy, and Kyle Proctor
- Subjects
Cost estimate ,Natural resource economics ,020209 energy ,Geography, Planning and Development ,TJ807-830 ,02 engineering and technology ,010501 environmental sciences ,Management, Monitoring, Policy and Law ,TD194-195 ,01 natural sciences ,Renewable energy sources ,Green New Deal ,0202 electrical engineering, electronic engineering, information engineering ,Production (economics) ,GE1-350 ,0105 earth and related environmental sciences ,agriculture ,Environmental effects of industries and plants ,Renewable Energy, Sustainability and the Environment ,business.industry ,Photovoltaic system ,Investment (macroeconomics) ,Agrivoltaics ,agrophotovoltaics ,Environmental sciences ,photovoltaics ,Electricity generation ,Agriculture ,Greenhouse gas ,food-energy-water nexus ,business - Abstract
Agrivoltaic systems combine solar photovoltaic energy production with agriculture to improve land-use efficiency. We provide an upper-bound reduced-order cost estimate for widespread implementation of Agrivoltaic systems in the United States. We find that 20% of the US&rsquo, total electricity generation can be met with Agrivoltaic systems if less than 1% of the annual US budget is invested into rural infrastructure. Simultaneously, Agrivoltaic systems align well with existing Green New Deal goals. Widescale installation of Agrivoltaic systems can lead to a carbon dioxide (CO2) emissions reduction equivalent to removing 71,000 cars from the road annually and the creation of over 100,000 jobs in rural communities. Agrivoltaics provide a rare chance for true synergy: more food, more energy, lower water demand, lower carbon emissions, and more prosperous rural communities.
- Published
- 2021