Global Market Outlook 2018-2022.pdf
lolktutlook orolrowr/ 2018-2022 u**otyptonto. www.africa-eu-renewables.org Finance Catalyst Events Funding Database Market Information CONNECTING AFRICAN AND EUROPEAN DEVELOPERS AND INVESTORS Africa-EU Renewable Energy Cooperation Programme RECP / 2018-2022 /3 u “ u’ u *umou,*u*“o**yoty;tvum,m*t*you;o*o opun2016,wnv nwnsss s 52 GW Solar; 98 GW Large Hydro; 19 GW Other Res; 7 GW Coal; 35 GW Gas; 38 GW Nuclear; 11 GW 2017 2018 ourrnkfurt“ool-ntrn20188 /olowuo* / 2018-2022 1 2000-2017 / 2 ,2007-2017 2018 ourrnkfurt“ool-ntrn2018 2018 3 8 300 0 1 2 3 4 US cents/kWh Masdar/EDF ACWA Marubeni Engie JGC/Trina Mitsui Co. Total Cobra 1.79 2.34 2.66 2.77 2.78 2.86 2.86 3.37 0 10 20 30 40 50 60 70 Renewable capacity change as a of global capacity change net Renewable power as a of global capacity Renewable power as a of global power generation 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 20 27 42 32 40 49 39 41 47 57 61 7.5 8.2 9.2 10.2 11.4 11.9 13.0 14.3 15.7 17. 19 5.2 5.3 5.9 6.1 6.9 8.0 8.6 9.2 10.0 11.0 12.1 he **st in s*r is t* rge extent resut *f its spetur*steve*pmentseeig.3.here*r*w s*rpriesthtwerehievein2016hughtmny energyexpertsysurprise.htyer,iswreinsever tenersweree*wthe3entperkheve2.95 entsf*r800pr*jetinui,2.91entsf*rp*wer suppy*ntrtinhie,2.42entsf*rthe‘winter’suppy prt*fthe1.18pntinuhi.isussi*ns *utsustiniity*fsuh*wprieevesemequiky *s*ete s the prie spir hs *ntinue its wy *wnwrs. nerury2018,300tenerinui riwsw*ny**mpny*wertnew w*rre*r*wprie*f2.34ents/kh,whiethefirst sevensh*rtisteisweree*w2.90ents/kh. / 2018-2022 / 9 “ 0 50 100 150 200 250 300 350 LCOE USD/MWh Cost of Capital 6 CoD, 10 CoE Cost of Capital 8 CoD, 14 CoE Residential PV Commercial PV Utility-scale PV CCGT Coal Nuclear s y ts tt s t w 2 ts s t w “k tt s t “t t w ts t st t s wt ts tt s st py “wks, y t tp “t. “st “ “kts w t *sss “t ts “ t stt, s ps w “ sy . w, p“t stt*ts p sty t sks t s. k *ps ““ s s*-5 ts p tw pts t 60 t, w *tty ts st“t pt “ w 3.80 3.95 * ts/k p 2018. * t t “p“ts, s pw st p w *ky t* t s. tst ws y p t t 300 * t, w t wst 1.79 ts/k, w ws t s*, ws pty s “* ty. * s “*s t pw t ss “ wt t p“s 10-30 ys, p s ty t. “kt s ty s xpt t w “ ss t 5 2017 t y 40 y 2028, t t tt “p tt . “*s t ty “p“ts t yst s w *t “p ss st t t t ts. ts s t* t t-“ s ty s“t, w st *st t* ts y y 6 “* p*t. t z st y yss s 11.0, s “ 2017 y st“t k z, *tty s s ws p t * , w “ y s t*s s . 4. w t pt st, t s ss st t, w s t s wy t s pw p*s “ts s s st *ts k t t “ts w t “y t “ s “kts s.