Sgcp12 south-solarcentury
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Sgcp12 south-solarcentury Presentation Transcript

  • 1. Solar PV – future UK growthAlan SouthChief Innovation Officer14th June 20124th Annual Smart Grids & Cleanpower2012 Conference www.cir-strategy.com14 June 2012 Cambridge
  • 2. Solar installations in 2011 Source: EPIA Market Report, 2011
  • 3. UK market factors in 2011 •  attractive returns from FiT/low costs •  abundant capital – helped by solar qualification for EIS •  wide range of willing customers •  redeployment of existing installation infrastructure “22GW by 2020” requires 3x 2011 install rate for seven years
  • 4. UK Feed in Tariff 50 Figures show 8.5p/43.3p tariff for largest/ 40 smallest system sizes 30 8.5p/21p 20 7.1p/16p 10 0 N D J F M A M J J A S O N D J F
  • 5. UK grid parity estimates Solarcentury 2012 Source: Solarcentury analysis
  • 6. Final comments •  move to energy solutions, not just PV •  integration of storage and controls •  local manufacturing growth •  possibility of visual/greenfield backlash in the UK
  • 7. A thought to conclude "But solar is now going through an extraordinary stage of development … its capable of scaling up and competing with the big boys. Its not just for enthusiasts. It has potential to be a significant source of energy." Greg Barker June 2011 Source: Guardian
  • 8. Thank you