SEEERS 2025 is a multi-year initiative launched by the Division of Vitality’s Superior Analysis Tasks Company-Vitality (ARPA-E) to develop and reveal applied sciences that may dramatically scale back the price of photo voltaic vitality. The initiative is concentrated on creating photo voltaic applied sciences that may obtain a value of $0.05 per kilowatt-hour by 2025, which is a big 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 essential as a result of it may assist to make photo voltaic vitality extra inexpensive and accessible, which may result in a big improve in using photo voltaic vitality. Photo voltaic vitality is a clear, renewable supply of vitality that doesn’t produce greenhouse gases, so it may 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 may assist to create new jobs and enhance the financial system.