Drones in Renewable Energy




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Get this free delivered PDF document, which represents an exclusive edition of the reputable Global Commercial and Civil UAV Market Guide 2015 – 2016, dedicated to Drones in Renewable Energy Sector and has been designed to provide you with the information about application of drones in wind power sector and other renewable energy sectors.

Drones and wind farms




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The global wind turbine inspection and other associated services market has been gaining momentum due to the growing wind energy capacity across the globe reveals Renewable Market Watch™ in its recently published report Drones in Wind Power Industry Global Market Outlook 2016 ÷ 2025. During the contractual warranty period and after warranty O&M contract and related services with the manufacturer, maintenance, inspections and repair actions have to be performed on the wind turbines to ensure their stable and uninterruptible generation of electricity. Like the other unavoidable steps when realizing a wind farm project like the development phase, financing process and construction phase, the operation period requires necessary maintenance and inspection actions to ensure a safe and efficient operation of ach wind turbine of the wind farm.

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Solar PV Market Review




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Download your FREE copy of CEE and SEE Countries Solar PV Market Review 2014 – 2015

The electric power sector in Europe and CEE & SEE countries particularly is currently facing different changes and evolution mainly in response to the three European Union (EU) energy-related challenges – environmental sustainability, security of supply, and competitiveness – within a context of growing electricity demand. These issues may also represent drivers for the further penetration of Distributed Power Generation (hereinafter simply Distributed Generation, or DG) technologies in Europe. In fact, several EU countries are already recording a gradual and steady upward trend in deploying distributed power sources.

Romania and Bulgaria have been recorded among those EU countries who posted highest reductions of CO2 emissions in 2013, according to a Eurostat survey. This reduction is due to the increase in renewable energy capacity contributing to reducing the reliability on fossil fuels, as well as various EU energy efficiency initiatives that aim to reduce emissions of CO2 and other greenhouse gases.

While matured renewable energy markets like Germany, France and Itally slowed down its speed between 2011 and 2013, on the other side of the continent, Central Eastern Europe (CEE) and South Esatern Europe (SEE) is now at the verge of a huge renewable energy expansion and offers amazing opportunities to international players. In Romania and Greece, over 2,100 MW of new photovoltaic power were installed in 2013 and the industry in CEE and SEE countries shows sign to continue its growth in 2015 and the next years. Turkey changed its government target for solar power from 3,000 MW to 5,000 MW by 2023 and is now keen to catch up with the rest of Europe, which has been demonstrated by the fast growth of their renewable energy industries over the last few years. To support this growth numerous CEE and SEE governments have introduced attractive feed-in tariffs but the ongoing financial crisis has had its negative impact.

The purpose of this document is to provide you with first-hand data on the risks and opportunities in the CEE and SEE solar PV sectors so that you can adapt your investment strategy appropriately and maximize your chances of success. It will give you tools and directions to efficiently capitalize on the CEE and SEE renewable energy boom and build up a solid long term business in the region.

If you are considering investing in the solar photovoltaic industry of the CEE and SEE region you simply must take a look at the stats we have gathered to make your choice easier and more accurate.

Get the report for FREE here:CEE and SEE Countries Solar PV Market Review 2014 – 2015

Renewable Energy Settlement




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/RENEWABLE MARKET WATCHTM/
Ministry of Economy of Poland informed on 10th October 2015 about the
establishment of the Renewable Energy Settlement Operator S.A./Operatora
Rozliczeń Energii Odnawialnej A.S. (OREO).  This operator is special
purpose state-owned company that will be obliged to execute settlement operations
concerning renewable energy electricity generated by power plants operating
according auction mechanism for renewable energy projects. Mr. Jarosław
Bogacz was appointed for chairmen of the board of OREO. He was previously engaged with EDF Poland.

Winners in renewable energy auctions will sign contracts for difference (CfDs)
with Renewable Energy Settlement Operator S.A. (OREO). Under
these contracts auction winners shall receive the difference between the final
auction price and the current average electricity price on the free energy
market for each MWh of generated renewable energy. In case of negative
difference, energy producers shall be entitled to refund it to the settlement
operator.

Renewable energy auctions in Poland will start after 1st January 2016 and
are expected to boost solar PV installations in the country, which are trailing
at the end of Q3 2015 with less than 40 MW cumulative installed capacity. Exact
dates of auctions during the 2016 year are still not announced.

Geographically, Poland is suitable for the production of photovoltaic energy
throughout the whole year, but due to the relatively large national territory,
south parts of the country are more preferred ones. The average annual sunshine
duration is approximately 1,600 hours according to Polish Academy of Science,
whilst solar radiation resource on horizontal surface is varying between 1,000
kWh/m2. and 1,160 kWh/m2, with the average of approx. 1,080 kWh/m2. The main
determinants of total solar radiation in Poland are most favorable in the period of late spring –
late summer. The main flow of the total solar radiation is in the hours around
noon, with more than 70% of the total flow registered between 9 am and 3 pm.

Some of the most suitable regions for photovoltaic installations in Poland
are Krakow, Tarnow, Rzeszow and Lublin.

What are exact referential prices for solar PV power plants above 1 MW and
under 1 MW in Poland? How the auctions will be organized and take place?
What is market dynamics and forecast for market development to 2025? Answers to
all these questions you will find out in Renewable Market Watch’s latest Q4
2015 report update after in-depth analysis of Polish solar PV market.

More information about deal, activities and legal regulations on Polish solar
market you may read here: Poland Photovoltaic Market Outlook 2015 – 2025

Feed-in tariffs




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/RENEWABLE MARKET WATCH/ Feed-in tariffs for solar energy have been approved from the Government of Kazakhstan on 12th June 2014 and have been are equal to approximately € 0.145/KWh (KZT 34.61/KWh). However after Government’s decision of switching to free floating currency exchange rate in August 2015, Kazakhstan’s tenge (KZT) plunged to almost 30 % slide measured at the end of October 2015. Kazakhstan’s decision was forced after the sharply falling crude oil prices and because penalties to Russia for the conflict in Ukraine drove the Russian ruble to almost 45 % down in the past 12 months. This sharp currency devaluation reflects automatically to reduction of feed-in tariff rate when measured in any of the hard currencies (USD, EU, GBP, etc.). Logically all local and international developers and investors in solar PV projects in Kazakhstan has risen question in front of the Government for appropriate adjustment of feed-in tariff with the rate of currency devaluation. According to Kazakhstan Photovoltaic (Solar PV) Market Outlook 2015 – 2025 adjustment of feed-in tariffs for solar (and other renewable) energy in Kazakhstan to compensate currency devaluation shall be approved by the Government in within the next 2 – 3 months.

“Cumulative PV installations in CIS countries are 851 MW (0.85 GW) at the end of 2014”

Total cumulative photovoltaic installations in CIS countries have reached 851 MW (0.85 GW) at the end of 2014, a very small share of the global cumulative installed photovoltaic capacity of 184 GW in 2014. However, situation at CIS countries solar PV market is about to change in positive growth direction. Besides Ukraine, which is undisputed leader by means of installed PV capacity among CIS countries, Kazakhstan also has its ambitions to take serious share from this market.

“Kazakhstan is suitable for the production of photovoltaic energy throughout the whole year”

At the end of 2014 Kazakhstan was trailing with only 5 MW cumulative installed solar capacity, which represented less than 1 % of total installed capacity for 2014 in CIS countries. Geographically, the country is suitable for the production of photovoltaic energy throughout the whole year. The solar radiation potential on the Kazakhstan’s territory is good despite the large differences in the sunlight intensity between the South and North regions in the country. The average annual sunshine duration is roughly 2,200—3,000 hours and the average solar radiation resource is varying in the range 1,300 – 1,800 kWh/m2.

“First large scale PV power plant in Kazakhstan was launched into operation in 2015”

At the moment, approx. 87% of Kazakhstan’s electricity is generated mainly from coal-fired plants and approx. 9% from hydroelectric sources. The coal thermal power plants are located in north regions, which are traditionally producing coal. Hydro power plants are located mostly along the Irtysh River. The southern regions of Kazakhstan suffer from lack of sufficient energy resources and for this reason electricity consumption is covered by import from the Kyrgyz Republic. The transmission and distribution system comprises 3 different grid networks, two in the north and one in the south, totaling 285,000 km of distribution lines.

First large scale PV power plant in Kazakhstan was launched into operation in 2015, whilst other large scale PV power plants are under construction. You will find out Renewable Market Watch’s latest Q4 2015 update after in-depth analysis and careful review of Kazakhstan solar PV market performance.
More information about this very promising solar market you may read here: Kazakhstan Photovoltaic (Solar PV) and Market Outlook 2015 – 2025

Solar Market in Greece.




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/RENEWABLE MARKET WATCH/ Greece has a superb sun radiation capacity and it is estimated that one third of Greece’s energy requirements could be met with solar. Greece ranks 5th worldwide with regard to per capita installed PV capacity. Approximately € 4.5 billion were invested in PV sector in Greece during the last 5 years. This is 35% higher than the cumulative amount invested in all other RES technologies during the last 20 years.
Based on the EU mandate (Eel, 140/2009) and the latest law on RES Development (3851/2010), the national target for RES by 2020, states that the energy produced by RES in Greece will contribute 20% of the gross final energy consumption, whereas the electric power produced by RES will contribute at least 40% of the gross electric consumption. The Ministry of Environment, Energy and Climate Change has estimated that the implementation of these targets would require an investment of EUR 16 billion over the next decade.

Greece has a superb sun radiation capacity and it is estimated that one third of Greece’s energy requirements could be met with solar. Greece ranks 5th worldwide with regard to per capita installed PV capacity. Approximately € 4.5 billion were invested in PV sector in Greece during the last 5 years. This is 35% higher than the cumulative amount invested in all other RES technologies during the last 20 years. In 2014, PV covered more than 5 % of electricity demand in Greece. Greece introduced high feed-in-tariffs (FiTs) for photovoltaic energy since 2006. This reflected in fast market growth, especially during the period 2011-2013, and reached a cumulative installed PV capacity of 2.58 GW at the end of 2014.

Net-metering scheme for small scale PV installations, which has been under discussion since 2013 was finally, introduced by the Greek Ministry of Environment at the very end of 2014. It is created especially to support self-consumption in agricultural areas for rooftops and ground mounted PV systems with limitations for maximum installed PV capacity.

Solar power capacity in Greece will exhibit increase in between 2015 and 2020 in a result of recently announced net metering scheme, however shall the growth will be as high as it was in the past few years?

More information and answers to your questions about Greece solar PV market you may read here: Western Balkans Photovoltaic (Solar PV) Market: Outlook 2015÷2020

Solar PV Market in Poland.




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/RENEWABLE MARKET WATCH/ Poland is quite interesting market for solar PV projects development due to its political and economic stability, high prices for electricity and heavy dependence on coal and lignite in power generation. Polish energy policy should be changed to comply with EU renewable energy policy.
Poland’s neighboring with Germany, which the largest PV market in the world (by means of cumulative installed PV capacity) creates additional pressure and expectations for development of Polish photovoltaic market. According to its Renewable Energy Sources Act, which was adopted in February 2015 and approved by the President in March 2015, feed-in tariffs have been introduced for small scale solar and wind installations. According to Poland Photovoltaic Market: Outlook 2015 – 2025 the process behind these legal changes has been quite long and took more than 3 years to Polish government with several editions of this law. All of the editions have been quite controversial and led to a lot of confusions for all investors interested in Polish solar PV market.

Mandatory targets of the Directive 2009/28/EC on the Promotion of the use of energy from renewable sources set by EU for Poland are 15 % by 2020. According to Polish National Renewable Energy Action Plan (2010), intermediate country’s target is 11.9 % share of RES-electricity in gross final consumption of electricity by the end of 2015. Feed-in tariffs for small scale photovoltaic power plants in Poland will have 15 years term and there will be certain quota. When reached this quota would mean stop of grid connection of new solar PV installations. More information about quota for photovoltaic installations in Poland and about this promising market you may read here: Poland Photovoltaic Market: Outlook 2015 – 2025

First draft of the regulation




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/RENEWABLE MARKET WATCH/ The anticipated from many investors and developers in Poland first draft of the regulation of Polish Ministry of Economy, which determines referential prices of electricity generated from renewable energy sources for 2016 was published on 15 September 2015.
The anticipated from many investors and developers Poland first draft of the regulation of Polish Ministry of Economy, which determines referential prices of electricity generated from renewable energy sources for 2016 was published on 15 September 2015.

According to the Polish RES Act , photovoltaic power plants (and other renewable also), which become operational after 1 January 2016 have to compete in auctions organized by the President of the Energy Regulatory Office (ERO). Therefore the prices offered by the bidders on these auctions cannot exceed the above mentioned referential prices. In this respect referential prices should be treated in fact as the maximum bid price levels. Winners in these auctions shall be selected in two stages. First one is pre-qualification stage whilst second one is the real auction stage.

Mandatory targets of the Directive 2009/28/EC on the Promotion of the use of energy from renewable sources set by EU for Poland are 15 % by 2020. According to Polish National Renewable Energy Action Plan (2010), intermediate country’s target is 11.9 % share of RES-electricity in gross final consumption of electricity by the end of 2015, and this goal at the moment is far away from fulfillment.

What are exact referential prices for solar PV power plants above 1 MW and under 1 MW in Poland ? How the auctions will be organized and take place? What is market dynamics and forecast for market development to 2025? Answers to all these questions you will find out in Renewable Market Watch’s latest Q4 2015 update after in-depth analysis of Polish solar PV market. To access this valuable information just visit:

Poland Photovoltaic Market: Outlook 2015 – 2025

List of announced solar




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/RENEWABLE MARKET WATCH/ After the introduction of support mechanisms in the energy law and RES law in 2009, 2010, 2012 followed by the subsequent amendments in 2013 and approved feed-in tariff (FIT) for renewable energy in June 2014, Kazakhstan solar energy market is forecasted to grow in the next years.
After the introduction of support mechanisms in the energy law and RES law in 2009, 2010, 2012 followed by the subsequent amendments in 2013 and approved feed-in tariff (FIT) for renewable energy in June 2014, Kazakhstan. is forecasted to grow in the next years.

Kazakhstan’s President Nursultan Nazarbayev has suggested to work out an effective system to manage the country’s oil reserves and to reduce their role as revenue generation source of the country. Various scenarios of oil production by 2050 have been considered by the Government. With a conservative scenario to produce less than 2 million barrels a day, Kazakhstan should maintain a stable oil production level and exports of petroleum products by 2050. Therefore such oil production rate would assure stable revenues for the National Oil Fund of Kazakhstan.

At the moment approximately 86.9 % of electricity in Kazakhstan is generated from coal power plants and approximately 12.9 % from large hydro power plants.

As one logical alternative to reduce country’s dependence of coal in electricity production, in Kazakhstan have announced investment intentions to put into operation by 2020 of over 700 MW (0.7 GW) solar PV projects. If you need detailed list with announced solar PV projects in the country, including company names, projects sizes and other data, please do not hesitate to contact the research and analysis department of Renewable Market Watch at services@renewablemarketwatch.com

The inevitable photovoltaic power expansion in Kazakhstan will probably create some challenges and risks. From the connection point of view, there will be grid connection constraints due to the aged electricity grid network that will need more detailed and precise planning and management.

More information about this very promising solar and wind market you may read here: Kazakhstan Photovoltaic (Solar PV) Market Outlook 2015 – 2025