End of feed-in tariffs for old solar PV arrays likely to increase own consumption – study
The end of feed-in tariffs for 20-year-old solar PV installations is likely to boost the own consumption of renewable power, according to a study published by management consultancy pwc. “Between 2029 and 2032 – 20 years after the solar boom of 2009-2012 – a particularly large number of solar arrays will lose their support payments . This is why by 2033, operators of more than a million solar arrays in total, with a volume of 24 terawatt-hours (TWh), could push onto the market,” said pwc. Using electricity generated on site will be an attractive option, and installing a battery could further increase own consumption, especially as battery prices are expected to drop sharply. “This is why we expect a strong increase in battery storage sales in the coming years,” said pwc.
Find the press release and study in German .
Find plenty of background in the dossier Electricity storage is next feat for Germany’s energy transition.