Solar
In the context of energy commodities and power generation, “solar” refers to the utilization of energy from the sun to produce electricity or heat. This process is harnessed through various technologies, most notably photovoltaic (PV) cells or solar panels, which convert sunlight directly into electricity. Another method is concentrated solar power (CSP), which uses mirrors or lenses to concentrate a large area of sunlight into a small beam, heating a fluid to produce steam that drives a turbine to generate electricity. Solar energy is lauded for being abundant, sustainable, and environmentally friendly, as it emits no pollution during electricity generation and contributes minimally to greenhouse gas emissions.
For more information on solar energy, please visit the following websites:
1. U.S. Energy Information Administration (EIA) – Solar Explained
This page provides a comprehensive overview of solar energy, including how solar power systems work, types of solar energy, and data on solar energy’s role in the energy market.
URL: https://www.eia.gov/energyexplained/solar/
2. National Renewable Energy Laboratory (NREL) – Solar Research
NREL, as part of the U.S. Department of Energy, leads the nation’s research on solar energy technologies and applications. Their website is a resource-rich platform for learning about solar research, innovation, and market trends.
URL: https://www.nrel.gov/solar/
This A.I.-generated glossary is intended to provide a convenient means to understand terminology used on this website in the context of physical commodities trading. Some terms may have alternative and/or expanded definitions that may not be relevant here and thus not included. Sources provided are for reference and not intended to be an endorsement of the broader content on that website. Suggestions, questions, or corrections can be provided in the comment box on definition pages.