Competitiveness of PV in Europe
|
|
|
- Job Watts
- 7 years ago
- Views:
Transcription
1 Competitiveness of PV in Europe Eero Vartiainen (Fortum Power & Heat Oy) Co-authors Gaëtan Masson (Becquerel Institute) and Christian Breyer (Lappeenranta University of Technology) 32 nd EU PVSEC, Munich,
2 PV is truly competitive when PV LCOE is lower than the value of electricity that the prosumer is getting for the PV generation The levelised cost of electricity (LCOE) for PV is calculated with up to date capital (CAPEX) and operational (OPEX) expenditure data with future cost development based on historical learning rate (about 2%) and realistic projections for the future global PV cumulative capacity growth The value of PV electricity in each market segment is based on the average retail electricity price that the prosumer can save in the electricity bill by PV generation. However, any fixed or power-related fees are deducted because they cannot be saved by self-consumption of PV. The ratio of self-consumption of PV genaration is taken into account and the surplus generation which is fed into the grid is valued at the wholesale electricity market price minus a small (1%) administrative fee All subsidies are excluded in the analysis of true competitiveness 2
3 PV LCOE is compared with average value of PV electricity in three market segments in each of the ten countries Residential 5 kw p system with 5-15 MWh annual electricity consumption (average consumption 1 MWh/a and maximum power load 1 kw), selfconsumption ratio 25-75% (typical 5%) Commercial 5 kw p system with 2-5 MWh annual electricity consumption (average consumption 25 MWh/a and maximum power load 1 kw), selfconsumption ratio 5-1% (typical 75%) Industrial 1 MW p system with 2-2 GWh annual electricity consumption (average consumption 1 GWh/a and maximum power load 2 MW), selfconsumption ratio 5-1% (typical 1%) 3
4 Average turn-key PV system CAPEX prices in Europe (w/o taxes) PV system price ( /kwp) Residential 5 kwp Commercial 5 kwp Industrial 1MWp Source: PV LCOE in Europe (Vartiainen, Masson & Breyer, 31 st EU PVSEC, 215) In 215 real money
5 Average PV system OPEX prices in Europe PV system OPEX ( /kwp/a) Source: PV LCOE in Europe (Vartiainen, Masson & Breyer, 31 st EU PVSEC 215) In 215 real money
6 Input data for selected European countries Irradiation for 3⁰S Performance Ratio VAT for electricity Share of fixed grid fee SWE Stockholm 116 8, % 25 % 6 % FIN Helsinki 116 8, % 24 % 3 % NED Amsterdam 12 8, % 21 % 1 %/1% FRA Paris 131 8, % 2 % 35 % BEL Brussels 12 8, % 21 % 3 % TUR Istanbul ,5 % 18 % % UK London 116 8, % 5 % 1 % GER Berlin 12 8, % 19 % 1 % SPA Madrid 2 77,5 % 21 % 6 % ITA Rome ,5 % 1 % 4 % 6 Source for irradiation: SolarGIS 2-year average for 3⁰ south-tilted surface (Geomodel Solar, 216); shares of fixed grid fees are indicative and are based on price listings of large utility companies; Note: fixed grid fee share is 1% in the Dutch residential sector
7 PV LCOE is compared with the average value of PV electricity Average value of PV generation P ave is defined by the equation: P ave = SC * P retail + (1 - SC) * P feed-in where SC = ratio of self-consumption of the PV production P retail = variable retail electricity price P feed-in = wholesale or other value of the electricity fed into the grid and where P retail is excluding any fixed monthly or annual and powerrelated fees in the customer bill. 7
8 Example of PV electricity value for a residential prosumer in Finland Average value of PV electricity Value of electricity ( /MWh) % 75% 5% 25% % Self-consumption ratio of PV production 8 Source: Eurostat 215 average prices for annual 5-15 MWh consumption Note: Value of surplus electricity fed into the grid is average spot market price in 215 1%
9 Residential electricity retail prices in Europe (excluding fixed fees) Retail electricity price ( /MWh) Taxes and fees Grid cost Energy SWE FIN NED FRA BEL TUR UK GER SPA ITA 9 Source: Eurostat 215 average prices for annual 5-15 MWh consumption Note: Self-consumption tax deducted from Eurostat energy price in Spain
10 Commercial electricity retail prices in Europe (excluding fixed fees) Retail electricity price ( /MWh) Taxes and fees Grid cost Energy SWE FIN NED FRA BEL TUR UK GER SPA ITA 1 Source: Eurostat 214 average prices for annual 2-5 MWh consumption Notes: Self-consumption tax deducted from Eurostat energy price in Spain and Italy; 4% of EEG fee deducted from taxes and fees in Germany
11 Industrial electricity retail prices in Europe (excluding fixed fees) Retail electricity price ( /MWh) Taxes and fees Grid cost Energy SWE FIN NED FRA BEL TUR UK GER SPA ITA 11 Source: Eurostat 214 average prices for annual 2-2 MWh consumption Notes: Self-consumption tax deducted from Eurostat energy price in Spain and Italy; 4% of EEG fee deducted in Germany and electricity tax in Finland from taxes and fees
12 Average spot market electricity price in Europe Spot market price ( /MWh) SWE FIN NED FRA BEL TUR UK GER SPA ITA 12 Note: Value of surplus PV electricity fed in to the grid is assumed to be average spot market price 1%; Surplus PV value for residential and commercial prosumers in Spain is
13 Residential PV LCOE vs electricity value in Finland PV LCOE & electricity value ( /MWh) % nominal WACC 4% nominal WACC 2% nominal WACC CAPEX with % nominal WACC OPEX 75% self-consumption 5% self-consumption 25% self-consumption 13 Source for retail prices: Eurostat 215 averages for 5-15 MWh annual consumption, fixed components excluded; All prices in 215 real money
14 Residential PV LCOE vs retail electricity price in the UK PV LCOE & electricity value ( /MWh) % nominal WACC 4% nominal WACC 2% nominal WACC CAPEX with % nominal WACC OPEX 75% self-consumption 5% self-consumption 25% self-consumption 14
15 Residential PV LCOE vs electricity value in Italy PV LCOE & electricity value ( /MWh) % nominal WACC 4% nominal WACC 2% nominal WACC CAPEX with % nominal WACC OPEX 75% self-consumption 5% self-consumption 25% self-consumption 15 Source for retail prices: Eurostat 215 averages for 5-15 MWh annual consumption, fixed components excluded; All prices in 215 real money
16 Commercial PV LCOE vs electricity value in Finland PV LCOE & electricity value ( /MWh) % nominal WACC 7% nominal WACC 4% nominal WACC CAPEX with 2% nominal WACC OPEX 1% self-consumption 75% self-consumption 5% self-consumption 16 Source for retail prices: Eurostat 214 averages for 2-25 MWh annual consumption, fixed components excluded; All prices in 215 real money
17 Commercial PV LCOE vs electricity value in the UK PV LCOE & electricity value ( /MWh) % nominal WACC 7% nominal WACC 4% nominal WACC CAPEX with 2% nominal WACC OPEX 1% self-consumption 75% self-consumption 5% self-consumption 17 Source for retail prices: Eurostat 214 averages for 2-25 MWh annual consumption, fixed components excluded; All prices in 215 real money
18 Industrial PV LCOE vs electricity value in Finland PV LCOE & electricity value ( /MWh) % nominal WACC 7% nominal WACC 4% nominal WACC CAPEX with 2% nominal WACC OPEX 1% self-consumption 75% self-consumption 5% self-consumption 18 Source for retail prices: Eurostat 214 averages for 2-2 GWh annual consumption, fixed components excluded; All prices in 215 real money; electricity tax deducted from the retail price
19 Industrial PV LCOE vs electricity value in the UK PV LCOE & electricity value ( /MWh) % nominal WACC 7% nominal WACC 4% nominal WACC CAPEX with 2% nominal WACC OPEX 1% self-consumption 75% self-consumption 5% self-consumption 19 Source for retail prices: Eurostat 214 averages for 2-2 GWh annual consumption, fixed components excluded; All prices in 215 real money
20 Summary of when true PV competitiveness is reached with 5% self-consumption in residential segment Residential Nominal WACC 5 kw p % 2 % 4 % 6 % Stockholm Helsinki Amsterdam Parity Parity Paris Parity Brussels Parity Parity Istanbul Parity Parity London Parity Parity Parity 218 Berlin Parity Parity Parity Parity Madrid Parity Parity Rome Parity Parity Parity Parity 2
21 Summary of when true competitiveness is reached with 75% self-consumption in commercial segment Commercial Nominal WACC 5 kw p 2 % 4 % 7 % 1 % Stockholm Helsinki Amsterdam Parity Paris Parity Parity Brussels Parity Parity Istanbul Parity Parity London Parity Parity Parity 22 Berlin Parity Parity Parity 219 Madrid Parity Parity Parity 216 Rome Parity Parity Parity Parity 21
22 Summary of when true competitiveness is reached with 1% self-consumption in industrial segment Industrial Nominal WACC 1 MW p 2 % 4 % 7 % 1 % Stockholm Helsinki Amsterdam Parity Parity Paris Parity Parity Brussels Parity Parity Istanbul Parity Parity Parity 219 London Parity Parity Parity 216 Berlin Parity Parity Parity 217 Madrid Parity Parity Parity Parity Rome Parity Parity Parity Parity 22
23 Sensitivity of true competitiveness on various parameters in Finland with residential 5 kw p PV system and 5% self-consumption Self-consumption 75/25% Nominal WACC /4% Feed-in 5/ /MWh Retail price +/-2% Irradiation +/-15% CAPEX -/+2% OPEX -/+5% PR +/-1% points Lifetime +/-5a Fixed grid share /6% Degradation /1% p.a. Learning rate 25/15% Sensitivity of true competitiveness (years) The effect of the various parameters is calculated for the residential case in Finland with 5% self-consumption, 215 average retail electricity price, 26 /MWh value of surplus electricity, 3% fixed share of grid cost, 2% nominal WACC, 2% annual inflation, 3 years PV system lifetime, Helsinki average irradiation, 8% initial performance ratio,.5% average annual degradation, 2% learning rate, and base case CAPEX and OPEX scenario. This would lead to true competitiveness in the year
24 Sensitivity of true competitiveness on various parameters in Finland with 5 kw p commercial PV and 75% self-consumption Self-consumption 1/5% Nominal WACC 5/1% Feed-in 5/ /MWh Retail price +/-2% Irradiation +/-15% CAPEX -/+2% OPEX -/+5% PR +/-1% points Lifetime +/-5a Fixed grid share /6% Degradation /1% p.a. Learning rate 25/15% Grid parity sensitivity (years) The effect of the various parameters is calculated for the commercial case in Finland with 75% selfconsumption, 214 average retail electricity price, 26 /MWh value of surplus electricity, 3% fixed share of grid cost, 7% nominal WACC, 2% annual inflation, 3 years PV system lifetime, Helsinki average irradiation, 8% initial performance ratio,.5% average annual degradation, 2% learning rate, and base case CAPEX and OPEX scenario. This would lead to true competitiveness in the year
25 PV is already competitive in most countries and market segments Competitiveness will follow even in Finland and Sweden (moderate irradiation and low electricity prices) within 1 years as PV LCOE declines PV self-consumption ratio is the most important factor in the absence of feedin tariffs for the surplus electricity since the wholesale price is very low. Battery storage will improve the competitiveness in the future. Increasing fixed grid costs do not dramatically affect PV competitiveness as the share of grid costs is relatively low, typically 2% or less of the total retail electricity price Biggest threat to PV competitiveness are the various legal, tax and regulatory changes which decrease investor confidence and increase the financial cost 25
26 Acknowledgements The study has been carried out under the framework of the EU PV Technology and Innovation Platform (ETIP PV) Steering Committee.
COMPETING IN THE ENERGY SECTOR
COMPETING IN THE ENERGY SECTOR ON THE ROAD TO COMPETITIVENESS SEPTEMBER 2011 COMPETING IN THE ENERGY SECTOR ON THE ROAD TO COMPETITIVENESS Solar Photovoltaics Competing in the Energy Sector On the road
Self-Consumption of Solar Power Experiences from Germany
Self-Consumption of Solar Power Experiences from Germany Munich, 17. June 2013 Jan Knaack Senior Project Manager German Solar Industry Association (BSW-Solar) The German Solar Industry Association 2 TASK
Integrating End-User and Grid Focused Batteries and Long-Term Power-to-Gas Storage for Reaching a 100 % Renewable Energy Supply
Integrating End-User and Grid Focused Batteries and Long-Term Power-to-Gas Storage for Reaching a 100 % Renewable Energy Supply M. Hlusiak, Ch. Breyer 7 th International Renewable Energy Storage Conference
Convegno nazionale di apertura 2014 IL FOTOVOLTAICO IN ITALIA ALLA SFIDA DEL MERCATO: NUOVI BUSINESS MODEL PER L ERA DELLA GRID PARITY
Convegno nazionale di apertura 2014 IL FOTOVOLTAICO IN ITALIA ALLA SFIDA DEL MERCATO: NUOVI BUSINESS MODEL PER L ERA DELLA GRID PARITY Fiera Milano 7 maggio 2014 New business models for the PV industry
Photovoltaics in Germany Market Development and Perspectives
Photovoltaics in Germany Market Development and Perspectives Matthias Reitzenstein German Solar Industry Association (BSW-Solar) German Solar Industry Association 2 TASK To represent the German solar industry
NET-METERING AND SELF- CONSUMPTION SCHEMES IN EUROPE
NET-METERING AND SELF- CONSUMPTION SCHEMES IN EUROPE Marie Latour Senior National Policy Advisor IEA-PVPS - EPIA WS - 30 September 2013 Content What is self-consumption? Self-consumption incentives and
Commercial Self Consumption and Costs of Solar Energy
Study on the Profitability OF COMMERCIAL SELF-CONSUMPTION Solar Installations IN GERMANY 1 Imprint Published by: REC Solar Germany GmbH Leopoldstr. 175 80804 Munich Germany E-mail: muenchen@recgroup.com
Photovoltaic and Solar Thermal in Germany Status quo and Outlook
Photovoltaic and Solar Thermal in Germany Status quo and Outlook Bangalore, 14 November 2011 Dr. Matthias Eichelbrönner This presentation was supported by Mr. Chrometzka, German Solar Industry Association
First results of PV net metering implementation in Cyprus PV-NET. Ioannis Koumparou
PV-NET Promotion of PV energy through net metering optimization First results of PV net metering implementation in Cyprus Ioannis Koumparou PV Technology Laboratory FOSS Research Centre for Sustainable
RE-POWERING MARKETS Market design and regulation during the transition to low-carbon power systems
RE-POWERING MARKETS Market design and regulation during the transition to low-carbon power systems EC-IEA Roundtatble on electricity market design and regulation Brussels, 18 February 2016 Power markets
Distributed Solar Power Generation in Turkey and its Impact on Utilities Business Models
Distributed Solar Power Generation in Turkey and its Impact on Utilities Business Models Hannes Beushausen, Senior Consultant Istanbul, April 9, 2014 So far, utilities have delivered power to customers
Household Energy Price Index for Europe. February 5th 2015. January Prices Just Released
Household Energy Price Index for Europe February 5th 2015 January Prices Just Released The most up-to-date picture of European household electricity and gas prices: VaasaETT and two leading European energy
Solar Photovoltaics Jobs & Value Added in Europe
Solar Photovoltaics Jobs & Value Added in Europe November 2015 1 This study is commissioned by SolarPower Europe. 2 1. Introduction 4 2. A Summary of Key Findings 8 3. Total job creation 10 4. Forces shaping
Key Performance Indicators for the Solar Europe Industrial Initiative
EUROPEAN COMMISSION DIRECTORATE-GENERAL JOINT RESEARCH CENTRE Strategic Energy Technologies Information System (SETIS) Key Performance Indicators for the Solar Europe Industrial Initiative SETIS - EPIA
INVESTING IN A TRANSITIONING SECTOR
INVESTING IN A TRANSITIONING SECTOR Eurelectric conference Jon Moore, CEO NEW INVESTMENT IN CLEAN ENERGY 24-14 ($BN) 32% 17% $318bn -7% $294bn 16% -9% $31bn.5% $272bn $268bn 17% 46% 36% $175bn $25bn $26bn
Direct consumption and power purchase Experience with New Business Models in Germany. Bundesverband Solarwirtschaft e.v.
Direct consumption and power purchase Experience with New Business Models in Germany Bundesverband Solarwirtschaft e.v. (BSW-Solar) Solar electricity leads to more independency Raise the supply-/self-consumption
Household Energy Price Index for Europe. June 26th, 2015. June Prices Just Released
Household Energy Price Index for Europe June 26th, 2015 June Prices Just Released The most up-to-date picture of European household electricity and gas prices: VaasaETT and two leading European energy
Perspectives for ESS in Germany and Europe legal situation and applications StoREgio energy storage system association
Perspectives for ESS in Germany and Europe legal situation and applications StoREgio energy storage system association Dr. Peter Eckerle Managing Director peter.eckerle@storegio.com Topics Who is StoREgio?
RENEWABLE SELF- CONSUMPTION. Cheap and clean power at your doorstep
RENEWABLE SELF- CONSUMPTION Cheap and clean power at your doorstep Key messages Self-consumption helps European consumers and businesses to control their energy bill. In a context of increasing energy
Household Energy Price Index for Europe. February 26th 2015. February Prices Just Released
Household Energy Price Index for Europe February 26th 2015 February Prices Just Released The most up-to-date picture of European household electricity and gas prices: VaasaETT and two leading European
Solar Energy Society of Alberta The Sun is Rising in Canada
2013-09-26 Solar Energy Society of Alberta The Sun is Rising in Canada Jared Donald, P.Eng, MBA President Conergy Canada 0 Table of Contents Introduction to Conergy Introduction to CanSIA Global energy
HYDROPOWER AND POWER-TO-GAS STORAGE OPTIONS: THE BRAZILIAN ENERGY SYSTEM CASE
HYDROPOWER AND POWER-TO-GAS STORAGE OPTIONS: THE BRAZILIAN ENERGY SYSTEM CASE Larissa de S.N.S. Barbosa1,2, Javier Farfan Orozco3, Dmitrii Bogdanov3, Pasi Vainikka2, Christian Breyer3 1University of São
Regulation by the Feed-in Tariff: Experiences from Germany
Solar Power International 08 Panel Technology & Regulation: How to do it Right 16th October 2008, San Diego, California, USA Regulation by the Feed-in Tariff: Experiences from Germany Gerhard Stryi-Hipp
Photovoltaic Electricity Cost Maps
Photovoltaic Electricity Cost Maps H. Ossenbrink, T. Huld, A. Jäger Waldau, N. Taylor 2013 Report European Commission Joint Research Centre Institute for Energy and Transport Contact information Nigel
Commercial Outlook for Solar Power Generation
Commercial Outlook for Solar Power Generation International Conference on Alternative Energy 2010 March 27, 2010 Karachi Expo Center Nadeem Haque Nadeem Haque Energy Potential Inc. Topics 1. Market Scenario
Renewable Power - Denmark 2012
Economics of solar power & the role of large PV power plants Ruggero Schleicher- Tappeser, sustainable strategies Athens, October 8, 2013 www.renewables-made-in-germany.com OVERVIEW Strong drivers for
Supplying tenants in multiple-family housing with solar power in the Neue Heimat project. Felix Benjamin Schäfer Paris, April 10th 2014
Supplying tenants in multiple-family housing with solar power in the Neue Heimat project Felix Benjamin Schäfer Paris, April 10th 2014 Heidelberger Energiegenossenschaft eg a student energy cooperative
Household Energy Price Index for Europe. November 26th 2014. November Prices Just Released
Household Energy Price Index for Europe November 26th 2014 November Prices Just Released The most up-to-date picture of European household electricity and gas prices: VaasaETT and two leading European
PHOTOVOLTAICS REPORT. Prepared by. Fraunhofer Institute for Solar Energy Systems, ISE with support of PSE AG
PHOTOVOLTAICS REPORT Prepared by Fraunhofer Institute for Solar Energy Systems, ISE with support of PSE AG Freiburg, 4 November 2015 www.ise.fraunhofer.de CONTENT Introduction Executive Summary Topics:
Holland Image 2012. POSitive and negative Aspects. Top 3 associations with Holland. NBTC Holland Marketing. 1. japan 47% 1. germany 56% 2.
Holland Image 2012 Introduction NBTC Holland Marketing conducted a large-scale survey in order to research the image of the Netherlands. A total of 11,000 tourists were recruited from 13 different countries
Pressure on Energy Prices
Energy & Utilities Pressure on Energy Prices Successful Responses for Utilities Contents Executive summary... 1 A realistic perspective... 2 Effective responses... 3 A next step... 4 Contacts... 5 Cover
Self-consumption. that you need to purchase from your power company. Bosch Solar Energy recommends photovoltaic systems with self-consumption.
Self-consumption of Solar Energy Bosch Solar Energy Self-consumption The self-consumption of solar energy refers to the proportion of energy which is used directly in the building where a PV system is
Energy Efficiency in the Greek Hotel Sector November 17th, 2009, Berlin, Germany Current Situation of PV systems deployment in Greece
Energy Efficiency in the Greek Hotel Sector November 17th, 2009, Berlin, Germany Current Situation of PV systems deployment in Greece Dr. Stathis TSELEPIS, CRES, stselep@cres.gr Overview Presentation of
Summary of the Impact assessment for a 2030 climate and energy policy framework
Summary of the Impact assessment for a 2030 climate and energy policy framework Contents Overview a. Drivers of electricity prices b. Jobs and growth c. Trade d. Energy dependence A. Impact assessment
The Energy Transition in Germany Past, Present and Future
The Energy Transition in Germany Past, Present and Future smart energy Paraná, Conferência International 2014 9 May 2014 Dr. Carsten Tschamber A Brief History of the Energiewende 1973 - oil crisis, Federal
How To Encourage Self Consumption Of Electricity
SELF CONSUMPTION OF PV ELECTRICITY Position Paper July 2013 1. INTRODUCTION In 1996, the liberalization process launched in the energy sector had one major objective: ensuring affordable energy prices
European energy price development
Household Energy Price Index for Europe October 28th 2013 October Prices Just Released The most up-to-date picture of European household electricity and gas prices: VaasaETT and two leading European energy
THE AMENDED RENEWABLE ENERGY SOURCES ACT 2014 (EEG 2014)
THE AMENDED RENEWABLE ENERGY SOURCES ACT 2014 (EEG 2014) 18.08.2014 Energy Regulatory & Governmental Affairs The Amended Renewable Energy Sources Act 2014 (EEG 2014) With the most recent amendment of the
Electricity Generation Costs
October 2012 Introduction Electricity generation costs are a fundamental part of energy market analysis, and a good understanding of these costs is important when analysing and designing policy. DECC regularly
Recent developments of feed-in systems in the EU A research paper for the International Feed-In Cooperation
1 Recent developments of feed-in systems in the EU A research paper for the International Feed-In Cooperation January 2012 A report commissioned by the Ministry for the Environment, Nature Conservation
Impact of Changing Energy Patterns on EU Competitiveness Giovanni Brianza 30 April 2014 Energy prices in EU Gas prices in major EU manufacturing economies 2 3 times higher than in the US...... and industrial
FRAUNHOFER INSTITUTE FOR SOLAR ENERGY SYSTEMS ISE
FRAUNHOFER INSTITUTE FOR SOLAR ENERGY SYSTEMS ISE Photovoltaics Report Freiburg, December 11, 2012 www.ise.fraunhofer.de CONTENT Introduction Executive Summary PV Market Solar Cells / Modules / System
The current electricity costs of energy-intensive industries in Germany
Memo From: Dr. Felix Christian Matthes Energy & Climate Division f.matthes@oeko.de Berlin, 23 June 2013 The current electricity costs of energy-intensive industries in Germany Background The electricity
WP1 Task 1 The Drivers of Electricity Demand and Supply
PROJECT NO 518294 SES6 CASES COST ASSESSMENT OF SUSTAINABLE ENERGY SYSTEMS Observatoire Méditerranéen de l Energie WP1 Task 1 The Drivers of Electricity Demand and Supply Version April 2007 1. Drivers
TRENDS 2015 IN PHOTOVOLTAIC APPLICATIONS EXECUTIVE SUMMARY
TRENDS 2015 IN PHOTOVOLTAIC APPLICATIONS EXECUTIVE SUMMARY Report IEA-PVPS T1-27:2015 FOREWORD.... The IEA PVPS Programme is proud to provide you with its 20 th edition of the international survey report
04b Energy Costs and Prices
04b Energy Costs and Prices Brussels, 23 th October 2015 Prof. Michel HUART MECA H417 / MECA H530 Sustainable energy A. General overview http://atm.ulb.ac.be Lesson plan Content Prices and costs (CAPEX,
International Solar Energy Arena January 23rd, 2009, Istanbul STEAM (Strategic Technical Economic Research Center)
International Solar Energy Arena January 23rd, 2009, Istanbul STEAM (Strategic Technical Economic Research Center) Good morning. Sayin Bakanım. Members of Parliament. Ladies and Gentlemen. Slide 1: Opening
COMMISSION STAFF WORKING DOCUMENT. Best practices on Renewable Energy Self-consumption. Accompanying the document
EUROPEAN COMMISSION Brussels, 15.7.2015 SWD(2015) 141 final COMMISSION STAFF WORKING DOCUMENT Best practices on Renewable Energy Self-consumption Accompanying the document Communication from the Commission
PV GRID PARITY MONITOR
Supported by: PV GRID PARITY MONITOR Commercial Sector 1 st issue Platinum sponsors: Gold sponsors: MARCH 2014 Platinum sponsors: Gold sponsors: Partner associations: Supported by: ECLAREON warrants that
Financing Hydrogen Projects Business cases and political support
Financing Hydrogen Projects Business cases and political support Pierre Etienne Franc l Air Liquide, Technologies of the Future Director Chairman of the FCH JU Governing Board Sevilla, November, 16th 2012
Compared assessment of selected environmental indicators of photovoltaic electricity in OECD cities
Compared assessment of selected environmental indicators Electricity production based on solar photovoltaic (PV) technology is pollution-free at the local as well as the global level, it does not emit
How is policy shaping market developments: The successful story of Germany
2nd International Conference on PV Investments EPIA, Frankfurt/Germany, February 19th, 2008 How is policy shaping market developments: The successful story of Germany Gerhard Stryi-Hipp Managing Director
World Championships, Paralympic and Olympic All-Time Medal Table
World Championships, Paralympic and Olympic All-Time Medal Table 1900 Olympic Games - Paris, France 1x FRA FRA GBR 2+ HOL/FRA FRA FRA 8+ USA BEL HOL 1904 Olympic Games - St. Louis, United States 2x USA
Solar Power: Photovoltaic Systems for a Variety of Applications. Christian Hinsch Director Corporate Communications juwi Holding AG
Solar Power: Photovoltaic Systems for a Variety of Applications Christian Hinsch Director Corporate Communications juwi Holding AG Contents 1. We make it happen 1.1 Our Vision & Our Services 1.2 juwi at
Mini-grid Implementation Experience as an EPC Contractor. Fabian Jochem Juwi international GmbH
Mini-grid Implementation Experience as an EPC Contractor Fabian Jochem Juwi international GmbH PART I Company Profile juwi AG Segments & Markets juwi at a glance Company structure Founded in 1996 by Fred
The Importance of Feed In Tariffs to Attract Financial Resources Asset & Capital Structuring Corporate & Investment Banking
The Importance of Feed In Tariffs to Attract Financial Resources Asset & Capital Structuring Corporate & Investment Banking Madrid, November 2008 Index 1. Asset & Capital Structuring 2. Capital Structuring
Photovoltaic Roofing in Mediterranean Climate Countries
1 Photovoltaic Roofing in Mediterranean Climate Countries Pere Alavedra¹, Amado Guzmán ², Mauricio Torres ³, Samantha Gallowayº, Daniel Alavedra" Department of Construction Engineering, Catalonia Polytechnic
The cost of Renewable Energy Sources
Chaire Economie du Climat The cost of Renewable Energy Sources Paris, FLM December 19, 2014 1 Foreword The note Cost of renewable energy recently published by IFRI relies on data available in previous
Danish-German Energy Efficiency Summit. Cost effective policy instruments Obligations on Energy Companies
Danish-German Energy Efficiency Summit Cost effective policy instruments Obligations on Energy Companies Eoin Lees Senior Advisor RAP Europe 8 th February 2012 The Regulatory Assistance Project 48 Rue
SOLAR PV could be similar to the shale gas disruption for the utilities industry
BEYOND MAINSTREAM SOLAR PV could be similar to the shale gas disruption for the utilities industry JUNE 215 THE BIG 3 1 2
CHILE LEVELISED COST OF ENERGY
CHILE LEVELISED COST OF ENERGY PRESENTED TO NRDC TYLER TRINGAS, ENERGY ECONOMICS APRIL 2011 Chile Levelised Cost of Energy, April 2011 1 CONTENTS Introduction Objectives Levelised Cost of Energy Model
Modelling of Large- Scale PV Systems in Australia
Modelling of Large- Scale PV Systems in Australia By The Australian PV Association November 2011 AUTHORS: Graham Mills (APVA); Simon Franklin, Rob Passey & Muriel Watt (IT Power Australia); Anna Bruce
Business Opportunities in the Mexican PV market. September 2013 Nikolai Dobrott, Managing Partner
Business Opportunities in the Mexican PV market September 2013 Nikolai Dobrott, Managing Partner Agenda. Apricum The Cleantech Advisory The global solar market Solar market and opportunities in Mexico
RESIDENTIAL PROSUMERS - DRIVERS AND POLICY OPTIONS (RE-PROSUMERS) IEA-RETD June 2014
RESIDENTIAL PROSUMERS - DRIVERS AND POLICY OPTIONS (RE-PROSUMERS) IEA-RETD June 2014 ACKNOWLEDGEMENTS The Authors would like to thank the following IEA-RETD RE-PROSUMERS Project Steering Group (PSG) members
Trends in Market Segments
Trends in Market Segments Towards More Solar Parks or Individual Installations? EPIA 2 nd International Conference on Solar Photovoltaic Investments EuPD Research Frankfurt, February 19 th, 2008 Agenda
GLOBAL RENEWABLE ENERGY MARKET OUTLOOK 2013
GLOBAL RENEWABLE ENERGY MARKET OUTLOOK 213 FACT PACK GUY TURNER HEAD OF ECONOMICS AND COMMODITIES APRIL 26, 213 GLOBAL RENEWABLE ENERGY MARKET OUTLOOK, 26 APRIL 213 1 INTRODUCTION This year s Global Renewable
Modelling of PV and Electricity Prices in the Australian Commercial Sector
Modelling of PV and Electricity Prices in the Australian Commercial Sector By The Australian PV Association AUTHORS: Graham Mills (APVA); Robert Passey, Muriel Watt & Simon Franklin (IT Power Australia);
Consultation on proposals for the levels of banded support for solar PV under the Renewables Obligation for the period 1 April 2013 to 31 March 2017
Consultation on proposals for the levels of banded support for solar PV under the Renewables Obligation for the period 1 April 2013 to 31 March 2017 7 September 2012 Department of Energy and Climate Change
PHOTOVOLTAICS IN THE GERMAN POWER SYSTEM
PHOTOVOLTAICS IN THE GERMAN POWER SYSTEM Past, Now and in the Future Dr. Simon P. Philipps Fraunhofer Institute for Solar Energy Systems, ISE / Fraunhofer Energy Alliance Wind & Solar Seminar, Vaasa Energy
Gross/Active PV Surface Area: 13.094,40 / 13.086,29 m². Energy Produced by PV Array (AC):
1x17 1x17 1x 8 x Trina Solar Trina TSM-PC5A 6 6 W 5 ; x Danfoss Solar Inverters TLX 1,5k 1,5kW Location: Arrondissement d'issoire Climate Data Record: Arrondissement d'issoire PV Output:.8, kwp Gross/Active
Understanding Solar Feed-in Credits
Understanding Solar Feed-in Credits The installation of solar panels helps schools to reduce their energy bills and, in some cases, receive credit from electricity retailers for surplus power fed back
General Assembly ETP SmartGrids Panel Session. Horizon 2020: Future of Utilities
General Assembly ETP SmartGrids Panel Session Horizon 2020: Future of Utilities Thierry Pollet Uncertainties Policy-Regulation Social-Economic Technology Sustainability E. Efficiency Urbanization Generation
How can utilities survive energy demand disruption?
Accenture s Digitally Enabled Grid program - 2014 edition, Executive Summary How can utilities survive energy demand disruption? Accenture s Digitally Enabled Grid program - 2014 edition 1 Toward a digitally
Global Market Outlook For Solar Power / 2015-2019. Supported by:
Global Market Outlook For Solar Power / 215-219 Supported by: JOIN SolarPower Europe Caption to image. SPE Influence Have your voice heard / Intelligence Business Direct return / / contacts / Be one step
!"#$%#"&'()*+,-*!./&*.0*1.#"2*3.4-2*
"#$%#"&'()*+,-*./&*.0*1.#"2*3.4-2* 5%#6*7899* Long-term financial calculations rely on a number of factors and assumptions. Calculating the cost of solar power is no different. This paper outlines a method
Financing Concentrating Solar Power in the Middle East and North Africa Subsidy or Investment?
Financing Concentrating Solar Power in the Middle East and North Africa Subsidy or Investment? FRANZ TRIEB 1, HANS MÜLLER-STEINHAGEN 1, JÜRGEN KERN 2 1 German Aerospace Center, Institute of Technical Thermodynamics,
Insolation Levels (Europe)
Insolation Levels (Europe) Insolation (10 year average) kwh/m 2 /day Country State/City Latitude Longitude Year Avg AT Vienna 48' 13" N 16' 22" E 1.10 1.81 2.80 3.76 4.76 5.12 5.72 4.98 3.68 2.15 1.28
Investment Opportunities Solar Energy Applications in Egypt
شركة صوالر الشمس للطاقات الجديدة والمتجددة )ش.ذ.م.م( Solar-AlShams Co for New and Renewable Energies (LLC) Investment Opportunities Solar Energy Applications in Egypt Faisal Eissa BSc. Eng. MBA, MIET COO
Global Market Outlook for Photovoltaics until 2012 Facing a sunny future
> Competitiveness Global Market Outlook for Photovoltaics until 1 Facing a sunny future 1 Global Market Outlook for Photovoltaics until 1 Facing a sunny future Demand side The solar PV market has been
1: Levelized Cost of Energy Calculation. Methodology and Sensitivity
1: Levelized Cost of Energy Calculation Methodology and Sensitivity What is LCOE? Levelized Cost of Energy (LCOE) is the constant unit cost (per kwh or MWh) of a payment stream that has the same present
Photovoltaics as a Future Sustainable Energy Option. in Egypt. January 2013
Photovoltaics as a Future Sustainable Energy Option in Egypt January 2013 1 Ancient Egypt... 3,000 years B.C., Egyptians believed in the sun as a god of Light Warmth Energy In short: Life itself 2 Twentieth
Spillover Effects of a Demand Boom in Northern Europe on Output and Employment in Southern Europe
Spillover Effects of a Demand Boom in Northern Europe on Output and Employment in Southern Europe Oliver Picek 1 Enno Schröder 2 1 The New School for Social Research 2 The New School for Social Research,
What is Solar? The word solar is derived from the Latin word sol (the sun, the Roman sun god) and refers to things and methods that relate to the sun.
What is Solar? The word solar is derived from the Latin word sol (the sun, the Roman sun god) and refers to things and methods that relate to the sun. What is the solar industry? The solar industry is
Effects of PV Electricity Generation on Wholesale Power Prices Summary 2012 and January 2013
Effects of PV Electricity Generation on Wholesale Power Prices Summary 2012 and January 2013 3 Embarcadero Center, Suite 2360 San Francisco, CA 94111 USA tel: 415.692.7730 research@renewableanalytics.com
Trading in International Equities For Professional Advisers only - not to be relied upon by retail clients
Trading in International Equities For Professional Advisers only - not to be relied upon by retail clients 2 ALLIANCE TRUST SAVINGS About us We are part of the Alliance Trust group and have the backing
Compared assessment of selected environmental indicators of photovoltaic electricity in OECD cities
Compared assessment of selected environmental indicators of photovoltaic electricity in OECD cities Report IEA-PVPS-T1-1:26 INTERNATIONAL ENERGY AGENCY PHOTOVOLTAIC POWER SYSTEMS PROGRAMME COMPARED ASSESSMENT
Photovoltaics and Solar Thermal Energy in Germany: Market Development, Applications, Industry and Technology
Photovoltaics and Solar Thermal Energy in Germany: Market Development, Applications, Industry and Technology Gerhard Stryi-Hipp Managing Director BSW - Bundesverband Solarwirtschaft e.v. German Solar Industry
European Power Exchanges Challenges for market integration
Mikael Lundin CEO Nord Pool Spot AS European Power Exchanges Challenges for market integration Helsinki, March 17 th 2011 About Nord Pool Spot Nord Pool Spot runs the largest market for power in the world
European Distribution System Operators for Smart Grids
European Distribution System Operators for Smart Grids Integrating electricity storage in distribution grids May 2016 Introduction Since the start of mass-electrification, the electricity industry has
Energex. Statement of expected price trends. 1 July 2014 to 30 June 2015. -1-2014/15 Statement of expected price trends
Energex Statement of expected price trends 1 July 2014 to 30 June 2015-1- 2014/15 Statement of expected price trends Version control Version Date Description 1.0 16 June 2013 Published on Energex s website
Reasons for the drop of Swedish electricity prices
Reasons for the drop of Swedish electricity prices Project for Svensk Energi Dr. Lion Hirth Neon Neue Energieökonomik GmbH Karl-Marx-Platz 12, 12043 Berlin, Germany hirth@neon-energie.de Summary report
Study on the profitability of Commercial Self-consumption solar installations in Singapore
Study on the profitability of Commercial Self-consumption solar installations in Singapore 1 Study on the profitability of commercial self-consumption solar installations in singapore IMPRINT Published
Energy Efficiency Insurance. Product overview
Energy Efficiency Insurance Product overview High energy prices combined with a desire to reduce CO2 emissions have seen increasing investment in green energy initiatives. With around 40%* of all the energy
Creating Incentives for Electricity Providers to Integrate DER
0 Creating Incentives for Electricity Providers to Integrate DER By Thomas Key Dan Rasler EPRI USA December 10-12 th, 2008 Nice France Topics 1. Reducing CO 2 will be the major incentive for electricity
POLAND Modern and Strong Economy
POLAND Modern and Strong Economy Business opportunities for Korean companies in Poland Consulate General of the Republic of Poland in Istanbul Mr Grzegorz Rybarski 1st Counsellor/Consul Filip Hewelke Embassy
IMPACT OF GB S ELECTRICITY MARKET REFORM ON INTERCONNECTIONS, CONSEQUENCES ON NORDIC MARKET Michel Martin, 3 April 2014
IMPACT OF GB S ELECTRICITY MARKET REFORM ON INTERCONNECTIONS, CONSEQUENCES ON NORDIC MARKET Michel Martin, 3 April 2014 PÖYRY MANAGEMENT CONSULTING ENERGY Pöyry offices (c) grafikdienst.com Pöyry Management
Dii creating a market for renewable energy from the deserts in Europe, North Africa and the Middle East
Dii creating a market for renewable energy from the deserts in Europe, North Africa and the Middle East Munich, 27.01.2014 Paul van Son, CEO, Dii GmbH Solar and wind resources in EUMENA more than sufficient
GridParity TM Finance Open Access to Financing + Solar Hosting Ivan La Frinere-Sandoval Ted Feierstein Robert Metcalf Stefan Kratz
GridParity TM Finance Open Access to Financing + Solar Hosting Ivan La Frinere-Sandoval Ted Feierstein Robert Metcalf Stefan Kratz The GridParity TM Finance Era Has Arrived The Dawn of Grid Parity Stanford
Household Energy Price Index for Europe. December 23 rd 2013. December Prices Just Released
Household Energy Price Index for Europe December 23 rd 2013 December Prices Just Released The most up-to-date picture of European household electricity and gas prices: VaasaETT and two leading European
Il fotovoltaico dopo il V Conto Energia verso la grid parity
Il fotovoltaico dopo il V Conto Energia verso la grid parity Niccolò Cusumano Università Bocconi, IEFE Bolzano, 19/09/2013 03 Good old times? USA 48 billion $ China 51 Germany 3129 Italy billion $ 12 India