IMPACT: Currently .4 percent of global electricity generation, utility-scale solar PV grows to 10 percent in our analysis. We assume an implementation cost of $1,445 per kilowatt and a learning rate of 19.2 percent, resulting in implementation savings of $81 billion when compared to fossil fuel plants. That increase could avoid 36.9 gigatons of carbon dioxide emissions, while saving $5 trillion in operational costs by 2050—the financial impact of producing energy without fuel.
