Analysis and forecasts to 2024
Solar photovoltaics (PV) is driving the growth of renewable power capacity around
the world. At the same time, it is raising the prospect of a significant shift in
the role of electricity consumers. This is the result of distributed solar PV: the
use of solar power systems by households, businesses and industry to generate their
Distributed solar PV capacity is set to more than double in the next five years, accounting
for almost half of all solar PV growth, according to a new in-depth focus in Renewables
2019, the annual IEA market analysis and forecast on renewable energy. The report
assesses the current state of play of distributed solar PV and maps out its huge growth
potential in the coming years. It also considers the implications for policy makers,
utilities and consumers.
More broadly, this report analyses the role of renewable energy across the entire
energy system – including the electricity, heat, and transport sectors – and provides
forecasts for the period from 2019 to 2024.
Published on October 22, 2019
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