DUBLIN--(BUSINESS WIRE)--Research and Markets(http://www.researchandmarkets.com/research/355dba/renewable_energy) has announced the addition of the "Renewable Energy - Solar Thermal and Photovoltaics Market Report - UK 2011-2015 Analysis" report to their offering.
AMA Research are pleased to announce the publication of Renewable Energy-Solar Thermal and Photovoltaics Market Report - UK 2011-2020 Analysis.
Since the introduction of Feed in Tariffs, the UK market for Solar Thermal and PV systems has expanded rapidly, with 2011 experiencing exponential growth and resulting in changes to tariff support levels.
Solar Photovoltaics (PV) is considered to be a market with significant potential in the UK because there are very few planning issues and, if costs were reduced, almost 4% of UK electricity could be supplied using this technology - in addition carbon emissions could be reduced by 3%. However, if Photovoltaics is to become a commercially viable product, significant government support and incentives will be required, combined with major cost reductions to improve investment paybacks. The Feed-in Tariff scheme was introduced by the Government in 2010 and has had a major positive effect on the sector during its first 18 months to September 2011.
Our estimates indicate that in 2009 there were annual sales of around 6,000 - 7,000 photovoltaic units and around 24,000 solar thermal units into residential, commercial and industrial applications. Solar thermal is dominant, reflecting lower costs and wider usage in domestic properties, compared with much higher investment costs in PV installations - though the balance is changing rapidly in 2011.
Feed-In Tariffs (FIT's) became effective from April 2010, as a means of increasing the market value of both renewable electricity and renewable heat. As a result of these changes, the marketing efforts by a wide range of companies have been significant in promoting the benefits of all renewable technologies, with solar well placed to provide solutions in both residential and non-residential applications.
Key Topics Covered:
- Introduction
- Summary And Future Prospects
- Economic Environment
- The Housing Market
- Climate Change Issues
- Market Overview
- Uk Market
- Supply And Distribution Structure
For more information visit http://www.researchandmarkets.com/research/355dba/renewable_energy