Solar Price Drop Curbs; Carbon Emissions Trading Is Expected to Spur Solar Demand

published: 2011-11-23 18:57 | editor: | category: Price Trend

The carbon emissions trading system has been widely discussed in the past, but for a number of reasons, the idea has not been received well. Recently, greater reception in several parts of the world have begun: with Europe’s rather mature trading platform and market, the Australia government’s recently passed the Clean Energy Act, planning to enforce the carbon emissions trading system starting 2015. Moreover, China also announced its carbon emissions trading pilot scheme. Consequently, the tradition coal power industry’s generation will decrease as the popularization of the carbon emissions trading system increases, which will benefit the industries of assorted clean energies including solar energy.

EnergyTrend, a research division of TrendForce, believes that the underperformance of the global solar industry is mainly due to drastic overexpansion of the global solar capacity. Reducing PV capacity will revive the weak demand, but to what degree remains to be seen.

 

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