Global Market Outlook 2018-2022.pdf
lol+ktutlook orolrowr/ 2018-2022 u**o+ty:pt#onto# !. © 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 %*u$%m#o!%u,ü *u*$#+“o%* *!yo#ty(Ü);tv%um,m*t *!you #%;o*#!o op+u#n2016,wnv nwnss! s !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 our:rnkfurt“ool-ntrn(2018)8 /ol+ow+u+o* / 2018-2022 1 2000-2017 / 2 ,2007-2017 © 2018 our:rnkfurt“ool-ntrn(2018) © 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 resu t *f its spetu r*steve *pment(seeig.3).here*r *w s* rpriesthtwerehievein2016hughtmny energyexpertsysurprise.htyer,iswreinsever tenersweree *wthe3entperkh eve (2.95 entsf*r800pr*jetinui,2.91entsf*rp*wer supp y*ntrtinhi e,2.42entsf*rthe‘winter’supp y prt*fthe1.18p ntinuhi).isussi*ns *utsustini ity*fsuh *wprie eve semequik y *s* ete s the prie spir hs *ntinue its wy *wnwrs. nerury2018,300tenerinui riwsw*ny * *mpny*wertnew w*r re*r *wprie*f2.34ents/kh,whi ethefirst sevensh*rt isteiswere e *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# t# s # t ! st # $t $#s wt != $#t$#s ? tt s st! p$!y “w$ ks, + y t$# # t$p ### #+ $#“#t. # “$st “ # “ kts w t *s#ss #+ $#“#t +ts $“ t ! stt, s$! p s w!! “# $#s !y . $w+ , +!$p“#t ### #stt*t$#s # !p s##t!y t$ $+ sks $# t ### s. $ ! #k $*p=s !# $! $ ““ s #! s*-5 #ts p $ tw$ p $ts # t 60 #! t# , w # *t!ty # ts #+st“#t p t# “ w$# $ 3.80 # 3.95 * $ #ts/k # p ! 2018. * t$ t#! “p $+“#ts, s$! p$w $st # p w!! &*k!y $#t#* t$ s. $ tst ws ! y p $+ # t #t 300 * t# , w t !$wst $ 1.79 #ts/k, w ws !t s&*!, ws p$ t!y s $# ! “$*! t#$!$y. * s$! “$*!s # # t p$w $# $t ss # $“ wt t p $“s $ 10-30% y!s, p## $# s$! !! t#$!$y # !$t$#. “ kt s $ ! t#$!$y s xpt t$ $w $“ !ss t# 5% # 2017 t$ # !y 40% y 2028, $ # t$ t #t #t$#! $“p $ $t$+$!t ( ). ! “$*!s # $t t#$!$y “p $+“#ts $# t yst!!# s w!! * t “p $+ s$! =s $st +#t $+ $t # t$# t#$!$s. t=s !s$ t * $ t t#-!“ s$! t#$!$y s“#t, w st $! *st #t $* ts # y y! #6 “$*! p $*t. # t +!z $st $ # y ( ) #!yss ? s$# 11.0, !s # $+“ 2017 y #+st“#t #k z , *t!ty s! s$! ws # p t# #*! # $!, # #w $“# y! s t* #s () (s . 4). !$w t pt! $st, t s s$! =s $st +#t, w s t s$# wy t s$! p$w p* s “#ts (s) s# # st!= $*#t s !k t #t “ ts !$w t# # “#y $t “ # s$! “ kts # $ s.