Tim Murphy, July 31, 2013 (SolarBuzz)
“With the European market currently in a strongly transitional phase, the 2013 market is expected to reach 11.2 GW, down 33% Y/Y from calendar year 2012. Demand over the next four quarters (Q3’13 to Q2’14) is set to reach 10.6 GW, with the top 3 markets being Germany, the UK, and Italy…The transition is in large part due to a shift away from premium incentives as the primary market driver, towards competitively priced PV electricity. In Germany and other markets, residential consumers will see more value from avoiding electricity purchases than from selling PV generated electricity at the FIT rate. The same applies to commercial consumers, though to a lesser extent and in somewhat fewer markets…” click here for more
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