SEEERS 2025 is a multi-year initiative launched by the Division of Power’s Superior Analysis Initiatives Company-Power (ARPA-E) to develop and show applied sciences that may dramatically cut back the price of photo voltaic power. The initiative is concentrated on growing photo voltaic applied sciences that may obtain a price of $0.05 per kilowatt-hour by 2025, which is a big discount from the present value of photo voltaic power. SEEERS 2025 is a part of ARPA-E’s broader efforts to speed up the event of unpolluted power applied sciences.
The initiative is essential as a result of it might assist to make photo voltaic power extra inexpensive and accessible, which might result in a big enhance in the usage of photo voltaic power. Photo voltaic power is a clear, renewable supply of power that doesn’t produce greenhouse gases, so it might assist to scale back our reliance on fossil fuels and mitigate local weather change. SEEERS 2025 can also be essential as a result of it might assist to create new jobs and increase the economic system.
