Solar Wind clean X – Екілік Options көрсеткіштері

Екілік опциялар брокерлерінің рейтингі 2020:

The leading clean-energy research firm just slashed its outlook in response to the coronavirus pandemic, revealing that solar energy installations could decline for the first time in decades

This story is available exclusively on Business Insider Prime. Join BI Prime and start reading now.

  • The novel coronavirus is hampering the growth of renewable energy, including solar and wind power.
  • A leading research firm slashed its projections for 2020 solar installations. It could be «the first year ever where solar build is lower than the previous year,» an analyst said.
  • The growth of the lithium-ion battery industry will slow as well, as fewer people buy electric cars.
  • Visit Business Insider’s homepage for more stories.

It was supposed to be a record-setting year for clean energy, with solar panel and wind turbine installations reaching unprecedented heights.

But the spread of the novel coronavirus — now classified as a pandemic — is causing analysts to rethink their 2020 projections.

A report today by the research firm BloombergNEF reveals that the virus is stunting demand for solar and wind energy, in addition to electric vehicles, which will likely shrink the market for lithium-ion batteries.

While most factories in Asia are back online, the report also highlights the need to diversify the clean-energy supply chain.

According to the research firm IHS Markit, nearly two-thirds of the world’s solar panel manufacturing capacity is in China, and the number is even higher for battery cells, used in electric cars and homes.

Solar energy will be hit the hardest

Coronavirus is expected to slam the solar industry. BloombergNEF (BNEF) slashed its forecast for 2020 installations, released earlier this year, by 8%, suggesting those numbers could be as low as 108 gigawatts.

«As far as we know, it is the first year ever where solar build is lower than the previous year,» Jenny Chase, the head of solar at BNEF, said by email.

Though solar panel factories in China saw steep production dips in February, the updated projections reflect a drop in demand, not supply, Chase said.

Екілік опциялар брокерлерінің рейтингі 2020:

«The biggest change is that we have reduced our China demand estimate,» the report said.

Today, the installation of solar energy in China is largely driven by a government «mega-auction,» Chase said. During the event, solar developers submit bids and the government then awards a volume of solar energy at the lowest price.

Earlier this week, the government announced that this year’s auction would be pushed back by a month. That could also mean that the deadlines for these massive solar projects — which normally fall at the end of the year — could be pushed to 2021.

The research firm also cut projections for solar installations in the US — in this case, by as much as 600 megawatts. Chase said «general recession effects» are driving that slump, as fewer people will opt to buy solar panels for their homes.

Despite what some sources have said, she doesn’t think a global pandemic will inspire people to buy solar panels.

Battery production weakens as fewer people buy electric cars

The battery industry, on the other hand, is projected to grow again in 2020 — but not by as much, relative to BNEF’s initial projections. Similar to solar, the slowdown in the battery market is driven by a drop in demand.

The research firm looked at changing demand through the lens of China’s electric vehicle industry, where a large chunk of lithium-ion batteries end up.

«Generally, it’s China where we see the demand erosion coming from,» James Frith, who leads the energy storage team at BNEF, said.

Click here to subscribe to Power Line, Business Insider’s weekly clean-energy newsletter.

In what BNEF calls a «pessimistic» scenario, demand for batteries in China will be 9 GW lower than the firm’s initial projections, whereas, in the «optimistic» scenario, demand is just 3 GW lower.

Both values are just slightly higher than the demand in China for EV batteries in 2020, the report says.

«We still expect the battery market to grow but the rate of growth will slow down,» Frith said.

Frith says to watch what happens in the automotive market, where there are still a lot of unknowns.

«If you have travel bans and quarantines in place for a long time, obviously that means people can’t go out and buy EVs and that will have an impact,» he said.

It will still be a record year for wind

There’s some good news: It will still be a record year for wind energy, BNEF says.

The firm cut its forecast just slightly, from 31.3 GW to as little as 27.5 GW, in what it calls a «pessimistic» scenario.

Unlike solar and battery markets, the wind industry is impacted by supply chain disruptions, BNEF said.

«The size of the drop will depend on how quickly Chinese suppliers ramp up to full production as staff slowly return from isolation,» the report said. «Tight construction schedules leave little flexibility to accommodate later deliveries of components.»

Do you have a personal experience with the coronavirus you’d like to share? Or a tip on how your town or community is handling the pandemic? Please email [email protected] and tell us your story.

Get the latest coronavirus business & economic impact analysis from Business Insider Intelligence on how COVID-19 is affecting industries.

Gas Turbine Power Generation Solutions


Turn clean-burning natural gas into cost-effective, reliable electricity for a more sustainable and financially smart solution.

Cogeneration Calculator

Combined Heat and Power Savings Estimator Tool.

Power Generation Modules

Solar’s modular concept for gas turbine generator sets has been optimized for transportation and civil works resulting in shorter installation and commissioning times, and reducing overall costs for our customers.

Energy Storage

Industrial intelligence that drives reliability and sustainability. Solar microgrid technology is redefining efficiency in the power generation field.

Mobile Power

A complete mobile power plant for short-term power generation requirements.

Financing Options

Solar Turbines offers a wide range of financing options to support your Power Generation project.

Power Generation Industry Applications

Tires and Rubber

Casinos and Resorts

Commercial Real Estate

Would you like us to evaluate your potential savings?

Contact us and we’ll evaluate the cost savings you can achieve with Solar Turbines solutions.

Explore the Solar Turbines Difference

Products for Every Solution, In Every Industry

Solar focuses exclusively on turbomachinery solutions, and is dedicated to producing turbines and motor-driven compression solutions that provide maximum availability, reliability and value throughout your equipment’s life cycle.

Optimizing Equipment Value, Anywhere and Anytime

Customer support extends beyond maintenance and repairs to include broad offerings that help enhance performance and safety, extend equipment life and prevent obsolescence.

Innovations for Energy Solutions

Solar Turbines has been innovating the energy industry for more than 60 years and we will continue to push what is possible.

Екілік опциялар брокерлерінің рейтингі 2020:
Ақшаны қайда салу керек?
Пікір үстеу

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: