Page 25 - European Energy Innovation - autumn 2018 publication
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Autumn 2018 European Energy Innovation     25

                                                                           SOLAR PV MARKET

Share of newly installed residential PV systems | Europe

            9.3%                                18.8%                                     20.4%
13.4%

7.2%       2016                          14.2%         2017  54.4%                 13.5%         2018e  55.1%

6.8%              59.6%                  6.4%                                      6.0%
     3.6%                                                                               2.5%
                                              3.3%                                         2.5%
                                                 2.9%

                             l Netherlands l Germany l Italy l UK l France l Rest of Europe
Source: EuPD Research 2018

of storage customers made use of the     obstacles. In France, merely a            energy storage becomes evident
support scheme. Towards the end of       third of the installers already offer     when one looks at the strong growth
the second subsidy period, the support   energy storage to their customers.        of the residential PV market. In 2017
sum decreased to merely 10% of the       Compared to Germany this is a very        the Netherlands had around 83,000
investment costs. Maybe it comes         small share. However, as compared         PV installations below 10 kWp,
as no surprise that merely a quarter     to 2017, where about 60% refused          whereas only about 2,000 of these
of the survey participants for the       to include storage solutions in           PV systems were equipped with a
“Global PV InstallerMonitor 2017/2018”   their portfolio, this year one third      storage solution; however, due to the
from EuPD Research recommend the         mentioned they were considering           low electricity prices (16 €ct per kWh)
program to their customers.              energy storage. One does need to          and the net metering scheme, the
                                         take into consideration, though, that     market currently shows no demand
On the other hand, more than half of     the electricity prices in France are      for energy storage. This is supported
the survey participants said that they   comparably low as for instance in         by the fact that only 20% of the
would not recommend the subsidy          Germany. Whereas German home-             Dutch installers offer energy storage
program. When asked for the reason,      owners pay around 30 €ct per kWh,         in their portfolio. This could change
most of the installers said that the     the electricity price in France (due to   dramatically, as the Dutch Minister
fact that storage users have to feed     nuclear power) is only around 18 €ct      of Economic Affairs and Climate
in 50% of the generated energy into      per kWh. However, the French electric     Change Eric Wiebes announced plans
the grid was not beneficial for the use  utility Électricité de France S.A. (EDF)  to replace the net metering scheme
of a storage system. Furthermore,        announced they will invest around         with a new support mechanism
they describe the application form       eight billion euros between 2018 and      for solar and other small-sized
as too complicated (all in all nine      2035 to become a European market          renewable energy systems by 2020.
steps are necessary to receive           leader in electricity storage. This is a  As around 600-700MW of residential
the funding). Amongst the other          clear sign that there is huge potential   PV are estimated for 2018, this shows
mentioned reasons, German installers     for energy storage in France.             what kind of potential energy storage
today largely believe that the storage                                             in the Netherlands has should the net
subsidy program is not profitable for    The Dutch market’s potential for          metering scheme be cancelled. l
their customers. And the fact that
customers need to take out a loan        About EuPD Research Sustainable Management GmbH:
from the KfW in order to benefit from
the support scheme (even if they have    EuPD Research Sustainable Management GmbH is an international service
the necessary money) is deemed as        provider focusing on B2B market research with a highly specialized
a further barrier, as this means that    multilingual interview center. We provide our clients in Europe, Asia and the
despite having the necessary assets,     US with the entire range of qualitative and quantitative research services.
home-owners would have to pay the        With the help of in-depth market knowledge combined with methodological
repayment instalments over a period      professionalism, we provide practical, future-oriented business solutions
of possibly 10 years.                    and ensure that our clients receive a return on their research investment.
                                         Our continuous research has enabled us to develop particular skills in the
Other countries that could benefit       field of renewable energy sources, particularly in the field of solar energy.
from energy storage face various

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