Scientific American: A Solar Grand Plan
A massive switch from coal, oil, natural gas and nuclear power plants to solar power plants could supply 69 percent of the U.S.’s electricity and 35 percent of its total energy by 2050.
A vast area of photovoltaic cells would have to be erected in the Southwest. Excess daytime energy would be stored as compressed air in underground caverns to be tapped during nighttime hours.
Large solar concentrator power plants would be built as well.
A new direct-current power transmission backbone would deliver solar electricity across the country.
But $420 billion in subsidies from 2011 to 2050 would be required to fund the infrastructure and make it cost-competitive.
source: http://www.sciam.com/article.cfm?id=a-solar-grand-plan

Scientific American: A Solar Grand Plan
you might find this interesting:
Scientific American: A Solar Grand Plan
Not until just then, but I like what they do! I think it must be a really exciting field to be a part of. It's such a promising technology, plus it's ethical. I'm also interested in biofuels but at the moment that's mostly politics rather than science, which is a real shame if you ask me.
http://bottleweb.org/jason
Scientific American: A Solar Grand Plan
Have you heard of Ausra?
Everything is OK in the end. If it is not OK it is not the end.
Scientific American: A Solar Grand Plan
I think the best place to do this sort of thing is Australia. I want to get into solar and if I get a chance to assess the feasibility I'd certainly be interested in rounding up some investors to start a solar plant in Aus.
Nowhere else on earth do we have such a high concentration of sunlight (thank you CFCs!) close to large first-world populations, which demand huge amounts of power. John Howard wouldn't have let it happen but I think a labor government would cherish the idea...
http://bottleweb.org/jason