Published on April 9th, 2014 | by Cynthia Shahan2
IEA: Solar PV Meets More Than 1% Of Electric Demand In 15 Nations
April 9th, 2014 by Cynthia Shahan
A report released by the International Energy Agency Photovoltaic Power System Programme (IEA PVPS) finds that PV is now providing more than 1% of electricity demand in 15 nations. PV represents 0.85% of electricity production and is expected to reach 1% in 2014 throughout the globe.
Globally, PV represents 0.85% of electricity production and is expected to reach 1% in 2014. IEA estimates that PV is meeting 7.8% of annual electric demand in world leader Italy, compared to 3% in Europe across the board.
After Italy, SolarServer continues:
The report finds that PV is meeting 6.2% of German electric demand, and 5.8% of demand in Greece.
“PV has become a major source of electricity extremely rapidly in several countries all over the world,” notes IEA PVPS. “The speed of its development stems from its unique ability to cover most market segments; from the very small individual systems for rural electrification to utility-size power plants (today above 250 MW).”
The report also found that Asia has become the dominant region for PV deployment for the first time in over 10 years.
The United States and China are still falling short of the 1% benchmark. Besides the lead of the Europeans, the report reflects findings that PV deployed in 2013 grew 26% globally to at least 36.9 GW. Continuing, the agency notes this number could be above 38 GW with installations not reported at this time.
The full “Snapshot of Global PV” report can be downloaded from the IEA PVPS website. In addition to this report, IEA PVPS also publishes a report focused on the evolution of support policies and applications of best practices, and in September 2014 will publish the 19th edition of “Trends in PV Applications.”
The report notes policy changes and factors such as declining policy support in some countries. However, it does note that “more than 5 GW was deployed in the Americas for the first time in 2013, including 4.75 GW in the United States as the third-largest market.”
Read related stories:
Stay current with all the hottest solar news by subscribing to our cleantech newsletter or solar newsletter.
Don’t own or lease an electric car but want to? Complete our EV owner wannabe survey!
Keep up to date with all the hottest cleantech news by subscribing to our (free) cleantech newsletter, or keep an eye on sector-specific news by getting our (also free) solar energy newsletter, electric vehicle newsletter, or wind energy newsletter.