Title: The future of PV
Authors: JAEGER-WALDAU Arnulf
Citation: International Sustainable Energy Review vol. 6 no. 4 p. 10-14
Publisher: Russell Publishing
Publication Year: 2012
JRC N°: JRC75775
ISSN: 2040-3747
URI: http://www.internationalsustainableenergy.com/digital/iser-12-4/index.html
http://publications.jrc.ec.europa.eu/repository/handle/JRC75775
Type: Articles in periodicals and books
Abstract: Since 2000, total PV production increased almost by two orders of magnitude, with annual growth rates between 40% and 90%. The most rapid growth in annual production over the last five years could be observed in Asia, where China and Taiwan together now account for more than 65% of world-wide production. Prices for photovoltaic electricity generation systems have more than halved of the last five years making the technology affordable to an ever increasing number of customers worldwide. The photovoltaic industry is in a process to mature and in this course increasing industry consolidation takes place. This process presents a risk as well as an opportunity at the same time. With worldwide about 100 GW cumulative installed photovoltaic electricity generation capacity installed by the end of 2012, photovoltaics still is a small contributor to the electricity supply, but its importance for our future energy mix is finally acknowledged
JRC Directorate:Energy, Transport and Climate

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