Europe Deploys Photovoltaics To Deal With The Energy Crisis
Oct 25, 2022
The ongoing energy crisis has not only caused the cost of electricity to soar in Europe, but also the price of solar energy, which is used to ease electricity costs, has also risen rapidly. When European countries face the energy crisis, they still take the development of new solar energy industry as the mainstream solution.
Spain's Ministry of Ecological Transformation (Miteco) plans to launch its fourth 3.3GW new energy project tender this year in November, including 1.8GW of solar photovoltaic projects. It also stipulates that bidders will submit a corporate strategic plan, pointing out the impact of the company on local employment and supply chains after winning the bid.
The German government allocated 10 million euros in October to support the deployment of solar modules with a power of up to 600W on balconies, terraces and facades. Each household installed will receive a rebate of 500 euros, reducing electricity price increases in this way. time expenses. It is estimated that the initial investment of a balcony solar module is about 400 euros. If it is completely used by the user, it can generate current value electricity of 54 euros per year, and the cost can be recovered within nine years. However, it is worth noting that the number of cases of theft of photovoltaic modules in Germany is increasing, and the Criminal Police Office believes that this may cause some investment concerns for households installing residential energy storage.
In Portugal, the installation cost of 300W to 500W small photovoltaic systems in 2022 will rise from 420 euros last year to 590 euros. Nonetheless, according to provisional figures released by Portugal's General Directorate of Energy and Geology (DGEG), around 546 MW of new PV systems were added in Portugal in the first half of this year, of which 321 MW came from self-consumption power generation facilities in the domestic and commercial and industrial sectors. And solar power generation reached an all-time high in July, accounting for 9% of the country's total power generation.
Italy and Switzerland are also actively deploying the photovoltaic industry chain. In the first half of 2022, the installed photovoltaic capacity in Italy reached 1,061MW, a significant increase in scale compared with 362MW in the same period last year. Residential PV systems of 20kW and below still account for the largest share, with a capacity of about 426MW. The Swiss Solar Professional Association also said: "In 2022, 850MW to 900MW of photovoltaics are expected to be deployed." Last year, the Swiss residential solar sector grew by about 60%, while the industrial and commercial sector increased by about 53%.
The surge in demand for photovoltaics in Europe has also heightened concerns among local energy companies about the supply chain of photovoltaic modules. In the first half of the year, the top 4 domestic PV module manufacturers accounted for more than 60% of the world's shipments, and the top 10 manufacturers accounted for more than 85%. The global photovoltaic module supply chain has formed a market structure in which domestic manufacturers are mainly supplied.
On October 11, the CEOs of 13 leading solar energy companies in Europe jointly issued a joint letter, urging the EU to increase investment in the photovoltaic basic industry, strengthen the strategic layout of the European solar energy industry and energy security, and break the supply pattern of China's single region.
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