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Posts Tagged ‘concentrated photovoltaics’

Asociación Empresarial Fotovoltaica (ASEF), Asociación de Productores de Energías Renovables (APPA), and Asociación de la Industria Fotovoltaica (ASIF) met in Madrid to reveal “Set for 2020” a paper by the European PhotoVoltaic Industry Association (EPIA) and A.T. Kearney articulating the below principal conclusions:

• Europe necessitates to dramatically raise the share of PV to meet its 20/20/20 energy goals.
• A 12% market allowance for Photovoltaics in Europe is a demanding, but realisable and worthy goal.
• Sustaining the increment of Photovoltaics is an investment that will yield important positive returns for the European economy.
• The deeper and earlier the penetration of PV, the greater the net interests.
• Mass penetration of Photovoltaics will sponsor European competitiveness, occupation and energy security of supply.
• PV is the fastest-growing renewable energy technology, and costs are expected to drop faster than those of other electricity sources.
• By end 2020, Photovoltaics can be competitive in as much as 75% of the European electricity market.

The EPIA study forms on a survey among more than one hundred industry analysts and caters various scenarios for the redeployment of Photovoltaics in Europe. The study suggests for PV a target of 12% of the total by 2020. This study asserts that Spain is set to lose her global lead in Photovoltaics due to bad rules of the industry.

Javier García Breva, president of APPA, described Spain’s management as short-sighted, ill-interested and short term. The principal snag is the yearly quotas set by current rules. Photovoltaics industry in Spain currently heels about 4% of the need or the equivalent of 8 combined cycle power plants. A reasonable goal for Spain would be instead 20GW or 12% of the national need by 2020, considering the cost of PV is set to decrease at a rate of 8% per year, over the next few years. Spain benefits from abundant and constant solar irradiation favorable to the redeployment of Photovoltaics, however the legal framework has become an impediment. The executive is about to present its 2010 National Renewable Energy Action Plan (NREAP), this is a chance to include proposals to achieve the European goal of 12%.