Solar LCOE may decrease by up to 20% in Europe by 2030
In its latest monthly column for pv magazine, the European Technology and Innovation Platform for Photovoltaics (ETIP PV) presents its levelized cost of electricity (LCOE) calculations for several European locations in period between 2023 and 2050. The organization forecasts that solar LCOE in Europe may fall by up to 50% by 2050.
Competition heats up
Oversupply is hitting some solar manufacturers hard but grid constraints and labor shortages are unlikely to hold the solar industry back in 2024.
December drop in gas, CO2, Euro electricity market prices
In the first week of December, prices in almost all electricity markets decreased compared to the previous week due to lower gas and CO2 prices, lower electricity demand and higher wind energy production, according to AleaSoft Energy Forecasting.
Empowering the Energy Transition: New IEA-PVPS Task 19 Sets the Stage for Global PV Grid Integration Collaboration
The new IEA-PVPS Task 19, succeeding Task 14, aims at fostering sustainable PV grid integration and invites experts from diverse countries, disciplines, and organizations to join its ambitious projects, with the aim of reshaping the future of electric power networks and positioning PV as a dominant force within evolving power systems.
November high pressure delivers high irradiance in the Northeast U.S., cloud in the Gulf
In a new weekly update for pv magazine, Solcast, a DNV company, reports that North America in November experienced a divide in irradiance patterns across the continent.
China module prices slide to new record low, manufacturers cut production
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Finland’s gold rush: navigating the solar landscape
In the land of a thousand lakes and long, harsh winters, a surprising gold rush is under way – not for precious metals but for sunlight. Finland, often associated with its stunning natural landscapes, has become an unlikely contender in the global renewable energy market, particularly in the realm of solar power.
The extraordinary story of rooftop solar in Australia’s National Electricity Market
In this Opinion and Analysis piece, Lumi Adisa, Director of Energy Market Analytics at NEOM and ex-Investment Director of Energy Markets at Octopus Investments Australia, presents a deep dive into the unprecedented impact of rooftop solar in the NEM. As rooftop solar continues to drive changes in the intraday demand and price trends, it is evident that customers will remain a significant part of the energy transition for years to come.
Shivering temperatures boosted Europe’s electricity market prices
A cold snap rocketed demand for electricity in Europe’s main markets in the final week of November compared to the previous week, according to Aleasoft Energy Forecasting.
Empirical approach shows PV is getting cheaper than all the forecasters expect
With the consistently unambitious forecasts for solar trotted out by entities such as the International Energy Agency (IEA) now a matter of record, a German risk management company has tried to predict more realistic figures for 2030 and beyond.
