1. Solar PV – future UK growth
Alan South
Chief Innovation Officer
14th June 2012
4th Annual Smart Grids & Cleanpower
2012 Conference www.cir-strategy.com
14 June 2012 Cambridge

2. Solar installations in 2011
Source: EPIA Market Report, 2011

3. UK market factors in 2011
• attractive returns from FiT/low costs
• abundant capital – helped by solar qualification for EIS
• wide range of willing customers
• redeployment of existing installation infrastructure
“22GW by 2020” requires 3x 2011 install rate for seven
years

4. UK Feed in Tariff
50
Figures show
8.5p/43.3p
tariff for largest/
40 smallest system
sizes
30
8.5p/21p
20 7.1p/16p
10
0
N D J F M A M J J A S O N D J F

5. UK grid parity estimates Solarcentury 2012
Source: Solarcentury analysis

6. Final comments
• move to energy solutions, not just PV
• integration of storage and controls
• local manufacturing growth
• possibility of visual/greenfield backlash in the UK

9. A thought to conclude
"But solar is now going through an extraordinary stage of
development … it's capable of scaling up and competing
with the big boys. It's not just for enthusiasts. It has potential
to be a significant source of energy."
Greg Barker
June 2011
Source: Guardian

10. Thank you