End of feed-in tariffs for old solar PV arrays likely to increase own consumption – study

The end of feed-in tariffs for 20-year-old solar PV installations is likely to boost the own consumption of renewable power, according to a study published by management consultancy pwc. “Between 2029 and 2032 – 20 years after the solar boom of 2009-2012 – a particularly large number of solar arrays will lose their support payments . This is why by 2033, operators of more than a million solar arrays in total, with a volume of 24 terawatt-hours (TWh), could push onto the market,” said pwc. Using electricity generated on site will be an attractive option, and installing a battery could further increase own consumption, especially as battery prices are expected to drop sharply. “This is why we expect a strong increase in battery storage sales in the coming years,” said pwc.

Find the press release and study in German here.

Find plenty of background in the dossier Electricity storage is next feat for Germany’s energy transition.