EF Solare Italia is committed to the decarbonisation of the country by providing renewable and clean energy thanks to our PV plants.
PHOTOVOLTAICS NEVER STOP: 2019 WILL BE ANOTHER YEAR OF GROWTH
Photovoltaics is growing, in Italy and worldwide, again in 2019, driven by the new installed capacity and favoured by the need for a rapid decarbonisation of electricity generation.
The entire renewables sector has been following a growth path for years, as certified by the study “Global Trends in Renewable Energy Investment 2019“, commissioned by the United Nations Environment Programme (UNEP): in the period 2010-2019, global investments exceeded 2.5 trillion dollars, with the capacity installed increasing from 414 GW to about 1,650 GW. Last year 272.9 billion were invested, three times the investment in fossil fuel production, and renewables (excluding hydro) generated 12.9% of global electricity in 2018, preventing 2 billion tons of carbon dioxide emissions. No reversal of course is expected In the next few years: according to the report “Renewables 2019” of the IEA, in the next five years the installed capacity of renewables should increase by 50%: the 60% of this increase will be accounted for by photovoltaics. The strong growth of the solar industry is further supported by the forecasts of a recent GlobalData report, according to which the sector will rise from 593.9 GW to 1,582.9 GW by 2030, mainly driven by the markets of China, India, Germany, USA and Japan.
Terna pointed out that in our country renewables produced 87.3 TWh, equal to 36.1% of national electricity demand in the first nine months of 2019. This is a slight decrease compared to 36.3% in the same period of 2018, which, however, is the result of a 9.3% reduction in hydroelectric production, mitigated by the growth of photovoltaics and wind power, which increased by 6.4% and 14.2% respectively. In fact, solar energy generation grew by 1.2 TWh during this period and covered 8.6% of demand and 9.6% of national production.
The Italian energy transition, however, is slipping into a stalemate, as reported with concern by ENEA in its “Analysis of the Italian energy system“. According to the agency, the main causes are the decrease in greenhouse gas emissions, the slowdown in production from renewable sources and the trend in prices that, overall, remain above the European Union average.
EF Solare Italia, as the first photovoltaic operator in the country, is committed to the decarbonisation of the country by providing renewable and clean energy thanks to more than 300 plants throughout the country for an installed capacity exceeding 850 MW.