The U.S. comparative advantage Article Example | Topics and Well Written Essays - 1000 words - 1

The U.S. comparative advantage - Article Example As part of analyzing the comparative advantage of the U.S. in terms of creating new job opportunities for the Americans, this study will identify the types and major players of solar power followed by discussing the production growth in that particular industry. Upon discussing how the improvements in solar power industry could help boost the U.S. economy, the kind of education and training that needs to be extended to Americans will be tackled in details. Prior to conclusion, the socio-economic costs associated with becoming the world’s leader in the source of solar energy will be provided. The two types of solar power are the photovoltaics (PV) – a direct source of solar energy from the sun (Knier) and the concentrating solar power (CSP) – an indirect source of solar energy which allows the sun to boil water used in generating power (Martin and Goswami, p. 45). Today, the United States has three of the world’s biggest concentrating solar thermal power stations that uses parabolic trough. These three major players of solar power in the United States includes: (1) the NextEra Energy Resources which partly operates the nine units of the Solar Energy Generating Systems located in Mojave desert California (NextEra Energy Resources); (2) Florida Power & Light Company (FPL) built the Martin Next Generation Solar Energy Center in Martin County, Florida and is expected to be completed by end of 2010 (Mayfield); and (3) a project of Acciona – Pioneers in Development and Sustainability, the construction of Nevada Solar One in Las Vegas, Nevada was completed in June 2007 (Acciona). Silicon Valley’s Sunpower Corp. together with FPL Group recently built the United States’ largest photovoltaic power plant known as the DeSoto Next Generation Solar Energy Center. This project has recently been completed back in October 2009 (FPL; SunPower). Â