Solar PV share in Europe’s power supply will reach 30% by 2030, passing 441 GW capacity. But how much of this share will be produced from solar systems on households and C&I rooftops?
Wood Mackenzie’s analysis of distributed solar and storage assets in Europe shows enormous opportunities for non-traditional power market participants. This comes at a time when the sector is evolving, with mature markets scaling back distributed power incentives in line with cost declines, while other emerging markets look to net metering and subsidies to increase solar uptake.
Wood Mackenzie also remains bullish on its distributed storage market outlook, with massive pairing potential expected to rise with increased solar uptake. An increase in asset owner diversification within residential and non-residential storage segments will unlock a 40-GWh market, resulting in 12x market growth in this decade.
Join Wood Mackenzie on Thursday, 25th November at 10:00 am GMT where we'll use financial modelling to illuminate attractive business cases for residential solar-plus-storage systems, identify key European markets, and map future development trajectories.