This document provides an overview of the history of innovation in solar thermal technology and its impact on the market for solar thermal energy. It was created and published by the University of Wisconsin.
The paper claims that government policy is a driving force in furthering innovations in the solar thermal market. It contrast the experience of America to Europe and China, arguing that uneven and inconsistent support for the solar thermal market in America by different levels of government has caused start and stop growth in the market whereas more consistent policy in Europe and China has created larger and steadier markets.
When government policy supports robust investments in solar thermal, technological innovation follows, such as in California in the 1980s. Whereas, a lack of support leads to stagnation, such as in the rest of America since then, according to the paper.
Author: University of Wisconsin
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