The article provides calculations and feasibility study of solar power plants implementation for the states of New Jersey, New Mexico and Michigan. The average cost for grid power, average household kwh use per month and average cost for 6-kw system with 26% federal tax credit applied were taken into account. The approach outlined in this article proposes to take into account changes in the value of money, tariffs and period of service of solar power plant.
The conducted research shows that the construction of SPPs in the USA can be profitable in the conditions of constant growth in prices for electricity produced using traditional energy sources. However, with the stability of electricity prices, the use of solar energy is far from the most profitable investment.
It has been proven that there is a need to focus on the research of the latest energy storage and generation technologies in order to reduce the impact of the instability of renewable energy production on the stability of power grids in the future. Further development of SPPs can help increase their availability and competitiveness, which will contribute to the creation of a sustainable and green energy infrastructure. The development of technologies in this area will also lead to a decrease in installation prices and an increase in the efficiency of the panels.
The main limitation of solar power plants is the need for a large area for the installation of panels in order to achieve the level of industrial electricity production. Therefore, now the centralized production of electricity using the sun is possible only in areas that are unsuitable for life and economic activity.