The European concentrated solar power (CSP) capacity remained stable in 2014 and will probably post a negligible increase in 2015, according to the new Solar Thermal Barometer published by EurObserv’ER.
The European solar thermal collector market for producing heat (domestic hot water and heating) has not found the recipe for recovery. According to EurObserv’ER, the market contracted by a further 3.7% from its 2013 level which is the sixth decrease in a row.
Construction work on a number of new concentrated solar power (CSP) facilities in Italy that are scheduled for commissioning in 2016 and 2017 could commence in the second half of the year.
EurObserv’ER estimates that in the European Union installed capacity of commercial Concentrated Solar Power (CSP) plants at the end of 2014 amounted to 2,311.5 MWe, similar to the status at the end of 2013 with a number of CSP projects under development (status at the beginning of 2015: 628.1 MWe). Spain’s CSP plants generated more than 5 terawatt hours (TWh). Projects worth more than EUR 1 billion are expected in Italy, and France’s projects stuck in a waiting game.
EU solar thermal collector market suffered its sixth annual decline in a row
In 2014, the European Union solar thermal collector market came up with no recipe for recovery; instead it suffered its sixth annual decline in a row, which confirms its flagging state.
According to EurObserv’ER, the European Union market dropped below the 3 million m2 threshold in 2014 and settled at an installation level comparable to that of 2007.
New installations amounted to some 2,929,000 m2 in 2014 (2,050 MWth), equating to a 3.7% year-on-year decline. The total installed area in the EU stood at about 47.1 million m2 (32,987 MWth) – a 5.5% increase.