Wednesday, February 27, 2013 from 12:30 p.m. to 2:00 p.m.
Solar power generation costs have dropped dramatically in the last year, e.g., from January 2012 to January 2013, average spot prices for polysilicon declined 49 percent and module prices dropped 30 percent (Goldman Sachs research, Feb. 6, 2013). Subsequently, solar power has become competitive with, if not less expensive than, electricity from incumbent sources in many states and regions of the US. While photovoltaic costs continue to drop, further cost reductions are expected and needed for solar to be competitive across the US.
For consumers or project developers, what reasonable expectations exist for further cost and price reductions for solar? Are there parts of the solar value chain more likely to bear fruit than other elements? Will government incentives continue to be critical for realizing economic benefit?
On Wednesday, the 27th, plan to join this important discussion led by these experts.
Ken Ostrowski, Director, McKinsey & Company
Ken Ostrowski is a Director in McKinsey’s Atlanta Office with over 26 years of consulting experience. Ken leads McKinsey’s North America Electric Power and Natural Gas Practice. Over the course of his career, he has served electric power, natural gas, and industrial clients in refining their strategic, aspirations and direction, and aligning the organizational, regulatory, and operational elements necessary to execute. Ken also co-leads McKinsey’s U.S. Utility roundtables on Procurement, Generation, and T&D, which assembles leading company executives to discuss key issues facing the industry in these respective business areas.
He received an M.B.A. in General Management with honors from Harvard Business School and a Bachelor’s Degree in Finance, magna cum laude, from the University of Notre Dame.
Kevin Caravati, Senior Research Scientist, Energy and Sustainability, Georgia Tech Research Institute
The Georgia Tech Research Institute (GTRI) was awarded a DOE SunShot Initiative project in 2011 for the amount of $2.8 million to develop residential, commercial, and utility solar PV racking and mounting systems that reduce hardware and labor costs by upwards of fifty percent of current industry best practices. A multi-disciplinary team of architects, engineers, scientists, students, and industry partners has been assembled that has filed 19 provisional patents from 23 invention disclosures in 2012, and are developing prototypes as part of the commercialization process.
Kevin has a B.S. Geology, University of Dayton, M.S. Geology/Hydro Geology, University of South Florida, and a M.B.A., International Business, Mercer University.