Introduction:
The world’s best solar PV (photovoltaic) projects now offer the cheapest electricity in history, according to the IEA (International Energy Agency).  In this European Solar report, we provide a high level introduction to the use of  PV within the EU. Also, one of the largest global PV markets.  Despite rapid growth the PV sector currently provides only 4% of the EU’s total electricity.  Not unexpectedly Covid has impacted the ongoing rollout.  Even so, the resilience shown has been impressive and there is a hope of a post pandemic bounce.  Owing to the green tilted 750 billion Euro recovery as well the recent commitment to make the EU a climate neutral area by 2050.  With this in mind, recent evaluations have estimated that PV will provide 62% of the EU’s electricity by this date.
To summarise, this is potentially a golden opportunity for investors.
Click here to read the complete introduction and full report:
Topics Covered:
- Overview
- Solar Resource
- Installed Capacity
- PV in the Mix
- PV Classification
- Key Drivers: Cost & Policy
- LCOE and Government Renewables Auctions
- Current EU-Wide Targets and the European Green Deal
- As well as Broad Member State and Renewable Electricity Policy
- Also, Market History and Forecast
- This section includes Cumulative Installed Capacity and Power Generation
- In addition, Reasons for the Current Boom as well as Segments and PV Portfolio Owners
- Finally, Short and Long Term Forecasts
The report overview looks at the use of PV in Europe as well as comparing it to other continents. Â In addition it gives the classification of PV systems.
We also, answer the question: Â Who owns European assets? Â With breakdowns and lists.
Finally, we present some forecasts for the EU PV market. Â Firstly, we look at a short term forecast, which covers the next five years. Â Lastly, we contemplate a more long term speculative forecast, going out to 2050.
Click here to read the full report:
