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Title:
 
Solar PV Electrification in New Regions and the Globalized Energy Transition
 
Author(s):
 
H.J.J. Yu
 
Topic:
 
PV Economics, Markets and Policies
Subtopic: PV Economics and Markets
Event: 35th European Photovoltaic Solar Energy Conference and Exhibition
Session: 7DV.2.3
ISBN: 3-936338-50-7
 
Price:
 
 
0,00 EUR
 
Document(s): poster
 

Abstract/Summary:


PV energy has demonstrated visible progress over the last decade as an alternative source of energy to traditional fossil fuels. The PV sector has been developed mainly supported by the national political reaction to the low carbon energy transition. The world cumulative installed solar PV capacity has been largely increased from around 600 megawatts (MW) in early 2000 to more than 300 gigawatts (GW) in 2016. Despite this rapid PV growth, the current PV market is not enough to respond to the PV industry production capacity. For example, top 10-module suppliers can almost meet the world’s PV demand in 2016. The nation-wide approach to create market demand is somehow limited to respond the globalized PV industry. There is a necessity to develop new markets on an international scale to address to the global over capacity led by the globalized mass production of PV products. In this regard, this study focuses on the unexplored potential of the PV market in new energy poverty regions. It should be noted that over 1.3 billion people live a daily life without access to the electricity in the world even though energy service is a crucial element for the modern society and human well-being. They mostly reside in the rural area in sub-Saharan African or developing Asia and these regions have good solar resources. However, they easily use diesel generators or traditional biomass to supply energies despite the high operating cost and negative impacts on environment or health. This study aims to analyze to what extent the solar energy is an interesting energy option in these regions. We will cover the subject from both supply-side (industry) and demand-side (energy transition) perspectives to present a macroscopic vision of energy transition on an international scale.