Related Experiment Video
Updated: Jan 30, 2026
08:45
Integration of Light Trapping Silver Nanostructures in Hydrogenated Microcrystalline Silicon Solar Cells by Transfer Printing
Published on: November 9, 2015
8.1K
Silver prices and solar energy production
Iraklis Apergis1, Nicholas Apergis2,3
1University of Kent, Canterbury, England.
Environmental Science and Pollution Research International
|February 2, 2019
Summary
Increased solar power capacity and electricity generation correlate with higher silver prices. This study reveals a significant link between renewable energy growth and precious metal markets.
Area of Science:
- Economics
- Energy Markets
- Materials Science
Background:
- Silver is a crucial industrial metal with diverse applications.
- The energy sector, particularly solar power, is experiencing rapid growth.
- Understanding commodity price drivers is vital for market participants.
Purpose of the Study:
- To investigate the impact of solar production on silver prices.
- To establish a novel connection between renewable energy and precious metal economics.
Main Methods:
- Autoregressive Distributed Lag (ARDL) model application.
- Combined cointegration analysis for robust findings.
- Empirical analysis over the 1990-2016 period.
Main Results:
- A positive relationship exists between solar installed capacity and silver prices.
- Higher gross electricity production from solar sources is linked to increased silver prices.
- The findings are statistically significant and economically relevant.
Conclusions:
- Solar energy expansion is a key factor influencing silver price dynamics.
- This research provides valuable insights for silver suppliers and energy policymakers.
- Implications extend to solar panel manufacturers and investors in both sectors.
More Related Videos
09:01Fabrication of Robust Nanoscale Contact between a Silver Nanowire Electrode and CdS Buffer Layer in CuIn,GaSe2 Thin-film Solar Cells
Published on: July 19, 2019
6.6K
10:19Solution-Processed "Silver-Bismuth-Iodine" Ternary Thin Films for Lead-Free Photovoltaic Absorbers
Published on: September 27, 2018
10.2K
Related Concept Videos
01:23ATP and Energy Production
1.8K
Adenosine triphosphate (ATP) is a critical molecule that functions as the main energy carrier in cells. Structurally, ATP consists of an adenosine molecule—comprising adenine and ribose—bonded to three phosphate groups. The high-energy bonds between these phosphate groups store significant amounts of potential energy. This energy is released during hydrolysis, wherein ATP is converted to adenosine diphosphate (ADP) or adenosine monophosphate (AMP), driving a variety of essential...
1.8K
01:21Free Energy
52.0K
Free energy—abbreviated as G for the scientist Gibbs who discovered it—is a measurement of useful energy that can be extracted from a reaction to do work. It is the energy in a chemical reaction that is available after entropy is accounted for. Reactions that take in energy are considered endergonic and reactions that release energy are exergonic. Plants carry out endergonic reactions by taking in sunlight and carbon dioxide to produce glucose and oxygen. Animals, in turn, break...
52.0K
03:25Free Energy Changes for Nonstandard States
13.6K
The free energy change for a process taking place with reactants and products present under nonstandard conditions (pressures other than 1 bar; concentrations other than 1 M) is related to the standard free energy change according to this equation:
13.6K
02:00Internal Energy
36.7K
The total of all possible kinds of energy present in a substance is called the internal energy (U), sometimes symbolized as E. Suppose a system with initial internal energy, Uinitial, undergoes a change in energy (transfer of work or heat), and the final internal energy of the system is Ufinal. Change in internal energy equals the difference between Ufinal and Uinitial.
36.7K
02:56Free Energy and Equilibrium
27.2K
The free energy change for a process may be viewed as a measure of its driving force. A negative value for ΔG represents a driving force for the process in the forward direction, while a positive value represents a driving force for the process in the reverse direction. When ΔGrxn is zero, the forward and reverse driving forces are equal, and the process occurs in both directions at the same rate (the system is at equilibrium).
Recall that Q is the numerical value of the mass action...
Recall that Q is the numerical value of the mass action...
27.2K
02:39Gibbs Free Energy
38.5K
One of the challenges of using the second law of thermodynamics to determine if a process is spontaneous is that it requires measurements of the entropy change for the system and the entropy change for the surroundings. An alternative approach involving a new thermodynamic property defined in terms of system properties only was introduced in the late nineteenth century by American mathematician Josiah Willard Gibbs. This new property is called the Gibbs free energy (G) (or simply the free...
38.5K