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Global Market Outlook Preview
Michael Schmela Executive Advisor, SolarPower Europe
Global Market Outlook Preview Michael Schmela Executive Advisor, - - PowerPoint PPT Presentation
Global Market Outlook Preview Michael Schmela Executive Advisor, SolarPower Europe 1 European Solar Market 2018: Strong Growth Annual installations 2018 in EU-28 / Europe 11,0 9,2 8,0 7,0 5,9 5,9 +20% +36% +32% +0% EU 28 Total
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Michael Schmela Executive Advisor, SolarPower Europe
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European Solar Market 2018: Strong Growth
5,9 7,0 5,9 9,2 8,0 11,0 EU 28 Total Europe
Annual installations 2018 in EU-28 / Europe
2016 2017 2018
+36% +0% +32% +20%
Source: SolarPower Europe
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EU-28 Market 2018 in GMO Context: On Schedule
8,0 5,5 7,4 7,9 12,7 24,5 27,3 13,5 16,8 2018 2019 2020
EU-28 Installed Solar 2018 & Global Market Outlook Estimates until 2020
Actual installations Low Scenario High Scenario Medium Scenario
Source: SolarPower Europe
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Global Solar Market 2008–2018: Another Growth Year
Source: SolarPower Europe
20 40 60 80 100 120 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 GW
Global Solar Market Development 2009-2018
Europe United States China Japan India RoW
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100 200 300 400 500 600 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 GW
EVOLUTION OF GLOBAL TOTAL SOLAR PV INSTALLED CAPACITY 2000 - 2018
EUROPE AMER CHINA APAC MEA RoW
Global Solar Market 2008–2018: Another Growth Year
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Solar Cost Leader & Cost Reduction Continues
Source: Lazard Capital 2018
50 100 150 200 250 300 350 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 $ / MWh
Historical Utility-scale Unsubsidised LCOE Comparison
Solar Wind CCGT Coal Nuclear
10 20 30 40 50 60
Sweden Finland Latvia Denmark Austria Estonia Portugal Croatia Lithuania Romania Slovenia Bulgaria Italy EU Spain Greece France Germany Czechia Hungary Slovakia Poland Ireland United Kingdom Cyprus Belgium Malta Netherlands Luxembourg
% 2017 2020 target
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Strong Solar Drivers in EU: 2020 RE Targets
Source: Eurostat
Member States have not achieved their 2020 RES target
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EU Clean Energy Package – Backing Corporate Sourcing
take renewables increasingly serious
barriers to the development of corporate PPAs
0,3 0,1 0,3 0,3 1,0 2,2 4,6 4,2 6,2 13,4 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Global Corporate PPAs by region (GW)
AMER EMEA APAC
Source: BNEF
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Global Market Outlook
For Solar Power / 2019 - 2023
Supported by:GMO Launch: Tuesday, May 14, 11:30 Intersolar Europe Conference, Room 14A