In addition, in 2017, utilities and companies will continue to explore how they
can improve the economics of solar through grid
“I don’t think it’s going to
be next year but in the next
10 years there is going to
be an emphasis on demand
response/battery management,” said Feldman. He
expects to see more integrated technologies that are going
to work alongside PV and
believes there will be more
implementation of these types
of solutions globally in 2017.
“It’s not going to take over
but it will be a nice new thing
that PV can provide,” he said,
adding that certain markets
with high-penetration of solar
such as Europe, Japan, California and Hawaii will more proactive-
ly explore these new services that PV could provide.
While in the U.S. the Trump administration will most likely undo
the country’s commitment to the Paris Agreement, all signs indicate that most other countries will stand frm in their commitment
to it, and that could be a good thing for solar, said Feldman.
“Solar is one of the best options for carbon reduction in certain
places,” he said.
Even in the U.S. analysts are not overly concerned that a new
president could stop the growth of solar at least not for 2017. The
Clean Power Plan is one regulation that is on the chopping block
but that wasn’t supposed to go into effect until 2020.
“I think the train has already left the station,” said PwC’s
Carey, adding “the market is moving forward.”
Could the new administration remove tax favorable clean
energy tax credits? Yes, but since they were enacted by con-
gress, it would take another act of congress to undo them, some-
thing Feldman doesn’t see likely to happen. In fact, there is some
thought that the threat of possible near-term changes to tax
credits or depreciation could add some urgency to solar develop-
ment in the U.S. — that very same urgency that was lessened a
Large-scale solar PV plant.
Credit: First Solar.