Increasing the Share of Photovoltaics; Is it an Obstacle or Imminent for a Competitive European Electricity Market?

Photovoltaics is one of the fastest growing industries world-wide, but critics claim that this is only due to massive state subsidies and they call for a liberalised market and the removal of support measures for Photovoltaics. Is this a treat or a precondition for the development of Photovoltaics? This paper analyses the economic frame conditions and mentions market distortions which are present in the energy and electricity markets. To make this analysis, a non-linear model is used, which is capable of showing the effects on the generation portfolio through simultaneous changes in financial markets and technological development. Keywords: economic analysis, financing, modelling

SZABO Sandor; 

2006-12-12

WIP-Renewable Energies

JRC34504

https://publications.jrc.ec.europa.eu/repository/handle/JRC34504,