Australia Solar Photovoltaic Market Outlook to 2015 Executive Summary The report titled “Australia Solar Photovoltaic Market Outlook to 2015” provides a comprehensive analysis on various aspects such as On-Grid and Off-Grid Cumulative and Annual Installed Capacity, PV power per capita, market segmentation and competitive landscape of the major players operating in the country. The report also entails the SWOT analysis of solar PV market in Australia. (http://www.bharatbook.com/market-research-reports/energy-market-research-report/australia-solar-photovoltaic-market-outlook-to-2015.html) The future outlook presented the base case, conservative case and aggressive case scenario factor analysis providing an insight on the prospects in the solar PV cumulative and annual installed capacity for the country. Australia has the potential for vast renewable energy capabilities due to an ideal weather conditions for abundant sunshine. However, country’s abundant resources are presently under-utilized. The major issue with the Australian PV industry is that the industry is not self-reliant despite of the huge market potential, built up via natural competitiveness of Australia in research and development, industry capital investment and government policy support. In 2010, the annual installed capacity increased to 383 MW largely because of various programs being initiated by the government for increasing the PV installations, feed-in-tariffs, and decline in the PV prices and high AUD exchange rate. Though this boom had a positive effect on the market, it is also followed by reduced support from the government. It seems that the major challenge for the market and the government would be to manage the PV industry as the subsidies are reduced and to increase the contribution and use of PV in the total gross electricity generation. The prices per watt of the grid connected distributed projects have been reduced from AUD 9 per watt in 2009 to AUD 6.5 per watt in 2010 while on the other hand the price per watt of the grid connected centralized projects has increased to AUD 8 per watt in 2010 from AUD 6.5 per watt in 2009. The off grid domestic and non-domestic projects have witnessed a drastic decline in the prices in 2010. Australia’s renewable energy market is dominated by Hydro energy which commanded a market share of 63.4% in 2010 with the total electricity generation of 13,793 MWh. Wind energy is the second largest segment which generated 4,985 MWh of electricity in 2010 and held the market share of 22.9%. Bio-energy is another upcoming source of electricity generation which has witnessed an incline in its market share. The solar PV segment generated 464 MWh of electricity in 2010 with the market share of 2.1%. Under the best case scenario, the government is expected to take strong initiative to promote commercial scale and large scale projects with a streamlined incentive plan for this segment. BIPV projects will also witness a wave of installations impelling the growth of the solar PV industry. The local PV delivery system is also expected to be streamlined which will reduce the time lag in the supply chain. Hence, the cumulative solar PV installed capacity is expected to reach to ~ MW by 2013 and to ~ MW by 2015. Key Topics Covered in the Report: • The feed-in-tariffs introduced in the country and their effect on the solar PV market • The annual and cumulative PV installations along with PV power per capita in the country from 2006-2010 • Future Outlook on the basis of assumed scenarios i.e. base case, worst case and aggressive case on cumulative installed capacity, annual installed capacity and PV power per capita, from 2011-2015 • SWOT analysis of the solar PV industry and Macro Economic Environment in the country • Competitive Landscape of the various players operating in the country For more information kindly visit : http://www.bharatbook.com/market-research-reports/energy-market-research-report/australia-solar-photovoltaic-market-outlook-to-2015.html Or Contact us at : Bharat Book Bureau Ph.: +91 22 27810772 / +91 22 27810773 Fax: 0091 22 27812290 Email: info@bharatbook.com Website: www.bharatbook.com Follow us on twitter: http://twitter.com/#!/Sandhya3B
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