Electricity is one of the main cost factors businesses need to put up with. Thus the frantic search for reliable and affordable solutions is forever ongoing. We have looked at different aspects and at possible answers.
The rates for PV installations have dropped by a remarkable 73 percent over the course of the last eight years, which made houses of worship like churches, mosques, synagogues and others develop a growing interest in solar power.
E.ON has recently conducted a series of 600 PV system tests. While the results have not been officially published yet, first evaluations clearly show that the systems’ main deficiency are improperly installed cables or the wrong cables altogether.
Renew Economy predicts that Australia will experience its biggest boom in solar construction in 2017 as PV costs continue to drop. The rapid growth will be enhanced by international market factors and local policy incentives taking hold.
Energy storage will play a big part in the energy transition: A report by IHS Markit finds that global grid-connected storage capacity will surge to 21 GWh by 2025.
An unpublished UK government report projects the costs of large-scale solar and wind power to be cheaper than nuclear by 2025. Renewable energy will cost GBP 50-75/MWh and new nuclear GBP 85-125/MWh, the report estimates.
