The UK Solar PV Industry Outlook Report on 50kW to 5 MW market, launched today, by independent consultants, Ernst & Young, reveals that non-domestic solar could thrive in the UK without subsidy from 2017 and that solar power is providing the opportunity for new non-traditional players to enter the UK energy market, increasing competition with the utilities. The report also reveals the benefits of solar for UK PLC.
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[...] The report predicts that, with continued support in the short term, the levelised cost of large-scale solar PV will be no higher than retail energy prices by 2016-19. Panel prices will halve from 2009 – 2013, falling to $1. Solar PV can play “an important role” in UK electricity targets, E&Y concludes. [...]