Beam it down, Scotty.

A new federal study released yesterday concluded that continued increases in oil prices finally might make the generation of solar power in orbit economically competitive. The report urged the government to sponsor a demonstration of the technology to spur private investment in the concept.

The orbiting power plants would reduce the nation’s dependence on imported oil and help reduce the production of carbon dioxide that is contributing to global warming, according to the report led by the National Security Space Office, part of the Department of Defense.

“This is a solution for all mankind,” a former astronaut, Buzz Aldrin, now chairman of the spaceflight advocacy group ShareSpace Foundation, said. Mr. Aldrin joined with a group of other space advocacy organizations to unveil the report in Washington.

Since the advent of the space age 50 years ago, scientists have dreamed of launching acres of photovoltaic cells into orbit and beaming the electricity electromagnetically to Earth’s surface but have stumbled over the cost of the project and the technical difficulties.

The report estimated that in a single year, satellites in a continuously sunlit orbit could generate an amount of energy nearly equivalent to the energy available in all of the world’s oil reserves.

Mark Hopkins, senior vice president of the National Space Society, said space-based solar energy could generate so much power that it could transform America from an energy-importing into an energy-exporting nation.

“It is the largest energy option which is available to us today in the sense that it would derive more power potentially than all of the other power sources combined,” Mr. Hopkins said.

NASA and the Department of Energy have spent $80 million over the past three decades to study space-based solar energy, but the effort petered out in the mid-1990s.

Critics have charged that ground-based solar energy is more economical. But putting the solar factories in space would allow them to operate 24 hours a day.