Saturday, October 26, 2024

Evaluation of France’s 2021-2023 PV auctions exhibits value hike regardless of decrease photo voltaic module costs – pv journal International

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The French power regulator mentioned in a brand new report that France allotted about 5.55 GW of PV capability via the public sale mechanism for large-scale photo voltaic between 2011 and 2013. Despite falling costs in photo voltaic module, the public sale mechanism doesn’t result in cheaper PV electrical energy or decrease. venture value.

From pv journal in France

The French authorities launched a seven-stage tender process in July 2021 to allocate round 28 GW of renewable power capability by the tip of 2026.

The CRE, the French power regulator, launched a report analyzing the outcomes of the tenders made between 2021 and 2023. At the tip of 2023, the CRE evaluated 14 GW of the tenders and allotted the ten GW, with 40% designated for onshore wind and 60% for ground-mounted (4,266 MW) and enormous rooftop (1,290 MW) PV techniques.

The CRE famous that the tenders started amid an power disaster, resulting in excessive inflation and a ten% abandonment charge for chosen tasks. However, the state of affairs has improved since early 2023 on account of up to date particulars of soppy and extra steady prices.

Compared to the earlier CRE4 tender collection, which noticed a lower in costs, this new collection skilled a rise in remaining costs, reflecting the elevated value of the venture. Ground-mounted PV tasks noticed a 39% improve in common remaining costs, from €0.0588 ($0.065)/kWh to €0.0891/kWh, with prices rising from €0.048/kW put in to at €0.077/kW put in. These costs now exceed the latest ahead electrical energy value of €0.060/kWh to €0.075/kWh.

Large rooftop PV tasks noticed a 23% improve in remaining costs, from €0.0831/kWh to €0.1021/kWh. CRE attributed this improve in uncooked materials and logistics costs to stress, inflation, and rising rates of interest. Capex will increase by 9% for ground-mounted PV installations and a couple of% for rooftop installations between 2021 and 2023. In 2023, the common value is round €935/kW for ground-mounted parks and €1,250/kW for in rooftop tasks. Ground-mounted crops primarily spend from module purchases (25.5%), whereas rooftop techniques spend most on buildings (31.5%) and modules (22.1%).

CRE additionally mentioned that the anticipated drop in module costs was not realized in latest tenders, in contrast to in different international locations reminiscent of Germany. The report means that rising common rates of interest, which can greater than double from 2021 to 2023, might be an element.

Opex elevated by 29% for ground-mounted PV installations and greater than 6% for giant rooftop techniques, from €20/kW/yr and €25/kW/yr.

Most of the chosen venture builders plan to make use of PV modules from Chinese producers (greater than 80% for ground-mounted and greater than 85% for rooftop techniques). European producers cost lower than 5% for ground-mounted and fewer than 10% for rooftop installations. Among the chosen module producers, Chinese companies Jinko, JA Solar, and DMEGC dominate the ground-mounted phase, whereas Jinko, DMEGC, and JA Solar additionally lead rooftop installations, together with three French producers: Reden , Voltec Solar, and Photowatt.

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