The importance of roof-integrated photovoltaics (PVs) will significantly increase in all of Europe’s major PV markets over the medium term, according to market research by the Monier Group. Currently, the development of roof-integrated systems is primarily dependent on subsidies. However, research has shown that roof-integrated systems have strong potential to become independent of these subsidies.
EuPD Research, a market research company that specializes in photovoltaics, conducted the research on behalf of Monier. The research provides insight into the segment of building-integrated (BIPV), and in particular roof-integrated photovoltaic systems (RIPV). Germany is likely to be the first country among the most important European markets that will develop from a market dependent on subsidies to a market independent of subsidies, as power prices per kilowatt hour will be above feed-in-tariffs.
“The photovoltaic industry is currently going through a transformation, as the importance of feed-in-tariffs is decreasing in the different markets,” said Pepyn Dinandt, CEO of the Monier Group. “Against the background of increasing power prices, it is becoming more and more attractive for system owners to consume the power they generate with their PV systems. Our model shows that roof-integrated photovoltaics will play an increasingly important role in this context.”
The study’s results show an RIPV market volume of around 300 MWp in Europe’s main PV markets in 2012. With 118 and 88 MWp, respectively, Italy and France will have most installed capacity for these systems—mainly due to the favorable funding situation in these countries. While the RIPV market will not be unaffected by the recent decline in the entire PV industry, the data indicate that the roof-integrated share of the market for new PV installations will increase from 3% in 2012 to 6% in 2015. Across all important markets, roof-integrated systems account for the majority of BIPVs.
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