Sunday, 20 March 2016 21:51

Solar to cover 8% of electricity consumption

Solar power will cover 8% of electricity consumption by 2025

Solar technology plays a significant role in the projections for the future Danish energy system. The Danish Energy Agency now expects that the PV capacity will quadruple towards 2025.

By Anne Vestergaard Andersen, 2016.01.18 Finally, photovoltaics are now starting to play a significant role in the Danish energy system.

Based on new and more updated figures for the solar cell market, the Danish Energy Agency estimates in a new report, that solar cells will supply 5 percent and 8 percent of electricity consumption in 2020 and 2025 respectively.

In the equivalent baseline projection from 2014, solar cells were only predicted to cover half - about 2.7 percent of electricity consumption in 2020. Back then, there was no calculations of the production in 2025 were made.

Regarding solar capacity, it is expected to increase from today's 680 MW to 1,750 MW by 2020 to 3,000 MW in 2025, which is the same capacity that offshore wind turbines are expected to supply by 2025.

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The new figures, although subject to "considerable uncertainty", are based partly on the expectation that the price of solar power production per/kWh is reduced to DKK 45 per/kWh for small PV systems (household plants) and down to DKK 32 per/kWh for a large solar power plant in 2030. The figures are also partly based on a model developed by the Danish Energy Agency, that translates the falling prices to some degree expansion.

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According to the model, the expansion towards 2020 will mainly be seen in private households, whereas large commercial solar power plants are expected to be profitable after 2020 and thereby play a more significant role.

Source: Ingeniøren