This project aims at defining grid parity, i.e. achieving a stage of development of the PV technology, at which it is competitive with conventional electricity sources. It also will provide relevant policy makers in the EU member states with a clear understanding of the necessary measures to support solar Photovoltaic technology in achieving grid parity. The project will also develop strategies for supporting the photovoltaic sector after grid parity is reached. As a result, an increased PV penetration in EU electricity markets and grid will be accomplished at a lowest possible price for the community.
The project will focus on 11 target countries, namely Austria, Belgium, Czech Republic, France, Germany, Greece, Italy, The Netherlands, Portugal, Spain and UK. The country selection aims to cover a large proportion of the EU electricity market and to be representative of various country configurations based on the following parameters:
- different levels of electricity prices (low, medium, high)
- subsidization that artificially lowers the electricity prices,
- maturity of the national PV market and growth potential in the coming years,
- various irradiation levels: from the best cases in Europe to lower solar irradiation
which nevertheless still justifies PV deployment in the coming decade.