22 July 2011

DRAFT: A proposed system of prizes to launch Space Solar Power

New paper, just a DRAFT!!!!  Helpful comments and corrections welcome.   Abstract:

A system of prizes to develop space solar power (SSP) is proposed.  If successful, a one or two
billion dollar investment could kick-start a vigorous SSP industry, which in turn could provide
humanity with essentially unlimited quantities of clean electrical energy.  If unsuccessful, the money
is returned to its source.  The prize is structured to subsidize the construction of nine SSP satellites
by at least three different entrants using different designs.  The prize is aimed at developing small
SSP systems delivering a few tens of megawatts to utilities on the ground.  Under some reasonable
assumptions, the prize money is sufficient to make one or perhaps two of the satellites profitable and
provide a significant subsidy to the other seven.  Once small SSP systems have been successfully
developed, producing large systems that can make a real difference to global energy production will
be much easier. While $2 billion is a great deal of money, should this effort be successful, it is
reasonable to hope that Earth’s energy and greenhouse gas problems could be solved.

For the full paper see http://space.alglobus.net/papers/SSPprizes2011.pdf

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