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1© 2010 Macademia
Session # 4 – November 4, 2010
TODAY’S TOPIC:
PV Funding – Controversy
Concept and Contents Copyright Macademia 2010; Copyright on pictures as indicated; no unauthorized use or publication
Picture Copyright to Macademia, no further use allowed without permission
Session # 4 – November 4, 2010
TODAY’S TOPIC:
PV Funding – Controversy
Concept and Contents Copyright Macademia 2010; Copyright on pictures as indicated; no unauthorized use or publication
Picture Copyright to Macademia, no further use allowed without permission
2© 2010 Macademia
Where are we now?
Session # 4 – November 4, 2010
Kick-Off Wind Solar PV Funding Solar Thermal
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What we will cover
• Continue Solar PV
• Different national paths of PV funding
• An investment example / guest expert
• Get participants’ views and questions
Session # 4 – November 4, 2010
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Your visiting scholar today:
Alexander Jungk, Glasbau Rathmann, GermanyPicture Copyright to Thermovolt France S.A.S., no further use allowed without permission
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• National Programmes• Installed capacities / PV solar power• The electricity harvested
11 The Funding situation across Europe
Our Schedule for Today
Session # 4 – November 4, 2010
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• 2008 – 2010: Solar PV takes off…• Feed-in tariffs and electricity prices• Uproar in the media 2010
212 Recent controversy – the German example
Our Schedule for Today
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• The PV system at Glasbau Rathmann• Reasoning behind Alexander Jungk’s decision• The type of system and its return• Questions by participants
3 An investment example
Our Schedule for Today
Session # 4 – November 4, 2010
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A Country
Before we start…
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B Data C Business
• Three new groups in the forum waiting for your comments
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Remember from last week – Solar exploding
Source: German Ministry of the Environment, Erneuerbare Energien in Zahlen, June 2010
0
1
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1990 1995 2000 2005 2008
Electr
icity
Gene
ratio
n Eu
rope
an U
nion (
TWh)
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• Various national funding approaches
• Installed capacities depending on type of
program and maturity of market
• Strong growing nations about to reduce
• 2010 about to become record year in Germany
11 The Funding situation across Europe
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Session # 4 – November 4, 2010
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Spain Germany France Italy Greece
Insta
lled C
apac
ity
Solar
PV (G
Wp)
Source: Handelsblatt Study, National Energy Administrations, European Photovoltaics Association; EDF, 2010.
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11 The Funding situation across Europe
• Strong growth from small base (Factor 10/ 2 yrs)• Very high feed-in tariff until January 2010• Still strong; SER asking for stable framework
• Market broke down after governm. set cap• Currently 0.5 GW cap; difficult for investors• New legislation on the way
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11 The Funding situation across Europe
• Strongest market worldwide• Headwind increasing; domestic controversy• Even after cuts, strongly growing • (+ up to 9 GW in 2010; protests increasing)
• Amongst best output rates in Europe• Socialist Premier with strong RE portfolio• Small installed capacity but growing strongly
Session # 4 – November 4, 2010
Source: Handelsblatt Study, National Energy Administrations, European Photovoltaics Association; EDF, 2010.
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• The impact of the location
- Southern Germany vs. Spain / Provence, France
- 980 KWh per KWp/year vs. 1440 KWh per KWp/year
- Crucial impact on competitiveness of investment
2 The price for strong growth
Session # 4 – November 4, 2010
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Location and irradiation level crucial to economics
Picture Copyright to Thermovolt France S.A.S., no further use allowed without permission
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13 An Investment Example from rainy Germany
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• City of Remscheid• 111,000 inhabitants• Low solar irradiation level even
for German standards• Esp. in Winter months amongst
rainiest German regions
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13 The company and its entrepreneur
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13 Long Tradition in Glass Services
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13 A new type of investment in 2008
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13 The installation at Glasbau Rathmann
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Type of system
Installed capacity
Period of planning
PV – silicon-based - polycrystalline
28 KWp
June – October 2008
Connected to grid December 2008
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13 The installation at Glasbau Rathmann
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3 The installation at Glasbau Rathmann
Picture Copyright to Macademia, no further use allowed without permission
Session # 4 – November 4, 2010
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3 The installation at Glasbau Rathmann
Picture Copyright to Macademia, no further use allowed without permission
Session # 4 – November 4, 2010
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13 Crucial Points for the Investment
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• The type of system selected• The origin of the module• The assumptions for the business case
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13 The Business Case
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Key Assumptions:• Average irradiation hours / KWp installed• Costs for installations, insurance,
maintenance• Financing approach• Control of system output / guarantee
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• Discussion with Alexander Jungk, Glasbau Rathmann
3213 Ask the investor
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3 Details on the system
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• Discuss Solar PV funding in the Forum
• Is this massive support necessary to develop the technology
• Does it make sense in countries like Germany?
• What would you recommend for your own country?
...and for next week, please:
Session # 4 – November 4, 2010
29© 2010 Macademia
Your visiting scholar next week:
Dr. Till Stenzel, Nur Energy, Great Britain
Session # 4 – November 4, 2010
