PV could outcompete agriculture in Spain within 20 years

Scientists have analyzed the competition between photovoltaics and agriculture for land use in Spain by studying 134 different crops in 15 regions. Using a real options framework, they found that falling solar PV costs and high irradiance in southern Spain could make solar more profitable than farming by the mid-2040s, highlighting growing land-use competition.From pv magazine Spain According to data from Spain's Ministry of Agriculture for 2024, photovoltaic parks occupy an area equivalent to 0.2% of the country's usable agricultural land and 0.12% of its total land area. Over the same period, ...

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