That's remarkable, as solar costs have plummeted since deployments peaked in Spain, Germany, and Italy.
Solar deployment has followed a boom-bust cycle in major EU economies. (Source: BP statistical review)pic.twitter.com/W8GnMWQg0W
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Yep, shows markets driven by short-lived subsidy schemes… Q is are we coming out of that era into steadier, subsidy-free deployment. (at least, that's the Q for the piece I'm writing!)
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What is the y-axis? New solar capacity in GWh? Only PV or also thermal? Residential, commercial, power plants, everything?
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MW of PV added per year
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Czech Republic too, I believe
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Yip, very unfortunate... but
@SolarPowerEU can see the low levels could very quickly recover if EU countries get back on board...pic.twitter.com/mURwuGcwyl
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You mean more subsidies?
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Need banks or govt to offer low % loans on PV for domestic users, and incentivise storage. Cheaper than building new power plants, and you actually make money AND create jobs.....?
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You’re still gonna need new power plants for everything that’s not households, and solar won’t cover the need.
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Seems impressive. But wait - you mention 'deployment', but deliberately forget to mention solar operates at a pathetic 2% Capacity Factor (in GB) during month of greatest demand.
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