International consulting-auditing company Deloitte has released a report on global trends in the field of renewable energy. Researchers believe that due to the constant reduction in the cost of materials and systems wind and solar power, have become “more than the mainstream, becoming a preferred energy source for an increasing number of consumers.”
Released in Thursday night, the Deloitte report titled “International trends in renewable energy” says that “renewable sources of energy, such as solar and wind, has almost reached parity the price / performance compared to traditional as part of a centralized grid, and out of them.” The report indicated seven main trends of the global process of transformation of renewable energy.
The first of these researchers consider “achieving parity of price and performance”. It is noted that in most countries, renewable energy has become cheaper or equal in cost with fossil energy. The emergence of new ways of accumulation and preservation of energy facilitates the management of renewable energy sources (RES), which at the time was considered an advantage traditional sources.
The second trend called “economical and reliable integration of networking”. If it used to be that solar and wind energy cause a nonuniform load on the grid, now the connection of such power plants to the power grid is represented by a solution to the problem of load-balancing. These sources of energy have demonstrated the ability to strengthen the stability and reliability of the network and provision of network services.
The third important factor that characterize the current development of renewable energy, Deloitte calls the impact of technological progress. Thanks to him, “accelerating the introduction of renewable sources of energy — automation and advanced manufacturing equipment, improve production efficiency and use of renewable energy by reducing costs and terms of their implementation… with advanced materials enable the conversion of solar panels and wind turbines”.
Among other trends in the global market for renewable energy Deloitte calls the growing popularity of renewable energy in large cities. Now in San Diego for 33% of energy consumed produced from renewable sources in Los Angeles and Indian Jaipur — 20%, Hamburg — 15%, Toronto — 12%. The development of public ownership of the networks and renewable energy accelerates the development of the industry. For example, the Danish authorities are encouraging the creation of cooperatives and other forms of collective ownership of wind and solar installations in rural areas.
Another important trend in Deloitte believe the active participation of developing countries in renewable energy. In particular this applies to China. Eight of the ten largest suppliers of solar panels are Chinese. Only from 2015 to 2017 China has invested $2.2 billion in solar and wind projects in 11 other developing countries during this same time, he received investments of $1.3 billion from investors from 13 countries.
The seventh trend is in the report referred to the increasing participation of corporate sector in development of renewable energy. Only in 2017 with the participation of corporations, their capital and other forms of participation were received 465 TWh of electricity from renewable sources.
“Large-scale integration of renewable energy sources is only a matter of time,— considers the head of an international group providing services in the field of renewable energy Deloitte Marlene Motyka.— Countries such as China, USA and Germany, have already reached price parity in relation to certain types of renewable energy. As prices continue to fall, the ability to integrate renewable energy into their power system to provide the competitive advantages you get from both developed and developing countries”.
Russia is also gradually becoming a part of this process. “In Russia, the introduction of renewable sources occurs not so rapidly as in other countries, but nevertheless we can already see positive changes,— said the Director of Deloitte CIS Alexander Gubarev.— In different parts of our country is the construction of solar power plants: these facilities have already been built in ten regions. In addition, the continued construction of new power plants, the most powerful of which is Staromaryevskoye SES in Stavropol region with a total capacity of 125 MW.”