Snapshot of photovoltaics − February 2018
European Commission, Joint Research Centre (JRC), Directorate C: Energy, Transport and Climate, Energy Efficiency and Renewables Unit,
Via E. Fermi 2749,
* e-mail: Arnulf.firstname.lastname@example.org
Received in final form: 27 February 2018
Accepted: 28 February 2018
Published online: 10 May 2018
Solar photovoltaic electricity generation is the fastest growing power generation source world-wide. The significant cost reduction of solar PV over the last decade, and the zero fuel cost volatility have increased the attractiveness. In 2017, the newly installed solar PV power of over 90 GW was more than all the world-wide cumulative installed PV capacity until the mid of 2012. China was again the main driver behind this strong growth with more than 50 GW of annual installations in 2017. Apart from the electricity sector, renewable energy sources for the generation of heat and environmental friendly synthetic-fuels for the transport sector will become more and more important in the future.
Key words: renewable energies / photovoltaic / energy challenge / policy options / technological development / market development
© A. Jäger-Waldau, published by EDP Sciences, 2018
This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.