AS Published on Sunday 31 May 2020 - n° 324 - Categories:forecasts;
The pandemic has revealed the future of renewable energies
During containment, the drop in demand increased the share of RE in the network. A drop in the price of electricity occurred.
There was also an increase in financing costs.
AS Published on Monday 25 May 2020 - n° 323 - Categories:forecasts;
Managing lower costs and lower revenues for power plants
There is now a race between lower costs and lower revenues from wind and solar power plants. If nothing changes, the profitability of the installations could become uncertain.
The problem is that solar power plants produce their maximum output in the middle of the day. Production can become so large that the price of electricity is worthless.
AS Published on Friday 22 May 2020 - n° 323 - Categories:forecasts;
IEA fears a sharp drop in global solar installations in 2020
The ongoing Covid-19 pandemic is expected to "slow but not stop" growth, with the International Energy Agency (IEA) expecting renewable energy deployment to rebound next year,
For 2020, the IEA is revising its forecasts downwards.
AS Published on Monday 18 May 2020 - n° 322 - Categories:forecasts;
Will China and the United States launch RE stimulus packages?
In some respects the health crisis resembles the financial crisis of 2008. The economy needs to be put back on track. At the time, Beijing and Washington launched huge stimulus packages that increased demand, including for renewable energy.
In China In 2008, Chinese solar manufacturers gained market share worldwide.
L R AS Published on Sunday 17 May 2020 - n° 322 - Categories:evolution-stat, forecasts;
New solar records are expected this summer.
After noting the increase in solar irradiation, which has resulted in record solar production in three European countries over the past two months, the Slovak solar data company has set a new record,
L R AS Published on Monday 11 May 2020 - n° 321 - Categories:forecasts;
The oil crash will not have much impact on renewable energies
The fall in oil prices has a relatively small impact on renewable energies. This is because oil is the main source of energy for transport. The renewable energy sector mainly provides
L R AS Published on Monday 27 April 2020 - n° 319 - Categories:forecasts;, various sectors
The emergence of the N-type as a result of the 2020 overproduction crisis
Numerous recently announced PERC P mono production capacity expansions will be put on hold until 2021, and then probably cancelled at a later date. Manufacturers' announcements in the first two months of 2020 will be reviewed
L R AS Published on Monday 27 April 2020 - n° 319 - Categories:forecasts;
Wholesale electricity prices in Europe would only rise in 2022
According to the British company Aurora Energy Research, after their fall, wholesale electricity prices in Europe may only start to rise again from 2022 onwards. They would not fully recover before 2025,
L R AS Published on Sunday 19 April 2020 - n° 318 - Categories:forecasts;
SolarPower Europe has solar ambitions for Europe!
Renewable energy union (SolarPower Europe) says Europe can achieve 60% solar power by 2050
Three scenarios are developed:
L R AS Published on Sunday 19 April 2020 - n° 318 - Categories:forecasts;
The energy transition will lead to what geopolitical balance?
Mr. Overland spoke again of the new geopolitical balance that will be created by the energy transition.
The losers in a world that is turning its back on fossil fuels are simple to point out (the oil producers).
L R AS Published on Sunday 12 April 2020 - n° 317 - Categories:forecasts;
Sharp downward revision of PV and battery installations in 2020
Wood Mackenzie projects a decline in residential panel demand and a shift in investment to commercial projects in 2020. The facilities
L R AS Published on Monday 6 April 2020 - n° 316 - Categories:forecasts;
IHS Markit expects slow solar recovery after covid 19
China could install 45 GW in 2020 (against 30 GW in 2019) thanks to the support of the Chinese government, but the whole world
L R AS Published on Sunday 5 April 2020 - n° 316 - Categories:forecasts;
Unreliable solar installation forecasts
The most contradictory studies are published on the consequences of the global epidemic.
Analysts at BloombergNEF, PV InfoLink and IHS Markit believe that a significant contraction in demand is likely this year. However, some companies in the sector have recorded record sales, as consumers, apparently in panic, have rushed to buy solar and storage equipment to prepare for uncertain times.
The analysis of Norwegian consultant Rystad Energy
New solar and wind projects would stop in 2020, creating a ripple effect in the years to come as currencies around the world continue to slide against the US dollar: currency fluctuations make purchases of photovoltaic products made in dollars more expensive. As a result, solar and wind power projects will be delayed in 2020, with a further decline of 10% in 2021. Installations currently in the procurement phase could face capital cost increases of up to 36% due to the rapid depreciation of local currencies.
This analyst expects macroeconomic impacts to affect facilities in 2021 and beyond. The most affected countries in the sector would come from the emerging markets of Asia, the Middle East, India and Latin America, where most solar growth was previously expected. In Australia, the 17% decline in the local currency appears to have already slowed orders that were otherwise imminent. Projects seeking financial close will surely come to a halt, reducing the likelihood that the country will reach its target of 1.8 GW of solar photovoltaic electricity by 2021. Approved renewable energy projects planned for 2022 (1.5 GW) will also experience delays.
In Europe, the target of 20 GW in 2020 has been dropped. If parity were to deteriorate further, the weakness of the euro against the dollar could create difficulties for the sector.
China and the United States will be the least affected by currency fluctuations. The number of solar installations in these two countries will remain fairly stable.
PV Magazine of1 April
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IHS Markit estimates a 16% decline in global installations by 2020
Global installations in 2020 will be only 105 GW, down 16% on 2019 due to the slowdown in installations in the 2nd and 3rd quarters. The major solar markets in Europe, India and Asia, apart from China and India, are expected to be the hardest hit. China will exceed its previous forecasts thanks to a government stimulus, reaching 45 GW. It is only from 2021 onwards that the previous trend will be reversed.
Wood Mackenzie projects a return to normal in 2021.
Installation difficulties in the first half of 2020 will affect annual installations. Storage facilities are expected to shrink by 20% this year compared to previous projections. Sales of electric vehicles are expected to decline by 57%.
In India, containment could affect the demand for solar energy. Projects are expected to be postponed until the second half of 2020.
In Italy, the Italia Solar organisation reports that 74% of the photovoltaic companies surveyed this month reported a drop in orders ranging from 10% to 80%. Over the next four months, the organisation added, two out of five solar companies expect orders to fall by more than half before the summer, due to government-imposed movement restrictions as the country struggles with Covid-19.
On Sunday, the Spanish government presented a royal decree that will halt the construction of solar and wind project sites for 15 days, as well as stopping the manufacture of solar panels and wind turbines during this period.
PV Magazine of 31 March
Editor's note We are in the middle of the epidemic. No one knows when containment will be completed; what measures (and to what extent) will be taken to revive the economy. In the midst of this uncertainty, "experts" are launching into numerical forecasts! It's like dreaming.
R AS Published on Sunday 15 March 2020 - n° 313 - Categories:forecasts;
BNEF lowers global photovoltaic prospects for 2020
BNEF lowers global photovoltaic prospects for 2020
Many solar factories in China are beginning to resume production, suggesting that concerns about the supply of PV components may soon begin to ease. But there will still be
AS Published on Friday 6 March 2020 - n° 312 - Categories:forecasts;, storage area
Ten forecasts for the solar and storage market for the decade 2020
Batteries will be coupled as standard with all new solar systems installed in the United States by 2025. Brand image and reputation will be increasingly important when selecting energy storage equipment.