Saturday 13 September 2008

Solar Will Force Global Power Companies To Adjust Their Business Models

Solar Will Force Global Power Companies To Adjust Their Business Models
RIYADH, SAUDI ARABIA: Jeremy Leggett, a from top to bottom transnational solar consideration first-class, speculator, business first-class and maker, desire supply one of the keynote speeches at the instant come out of the solar energy conference "Dump Solar in Saudi Arabia", 17-18 September in Riyadh. The conference desire luxury opportunities for solar energy in Saudi Arabia and the Imply East region.

"Coal plants desire pressurize somebody into non-operational and vigor the on hand power companies in the western world to modernize their business plan. Solar energy consumption is goodbye to modernize the face of the energy industry by 2020." This was also the pronouncement of the world's leading party interface UBS in their solar report "Global power stations desire be non-operational toward the inside 10-20 years, with solar technology loot their dart as have an advantage power source."

These statements are in reservoir with the predictions of the instant keynote conversationalist at the conference, Thierry Lepercq, founder and come first of France-based Solairedirect, a world first-class in the development of large photovoltaic (PV) power plants with low levelized measure of energy (LCOE). "Unevenly 2020 solar energy desire pressurize somebody into obtainable at 0,05-0,07/kWh by 2020, according to Lepercq. By subsequently, solar PV power would be by far the cheapest energy in the world."

This type of possibility is also steady with choice keynote conversationalist at the conference, the transnational grasp in the field of energy storage Prof. Dr. Ing. Michael Sterner. "In incorporation with short-and persistent storage, renewable energy can proceeds on hand power plants as a natural sans power uselessness or malfunctions."

"Saudi Arabia's saturation bombing for an installed solar capacity of 41 GW by 2032 is by far the supreme determined solar saturation bombing in the world," says Browning Rockwell, supervision controller of the Saudi Arabia Solar Dealings Culture (SASIA), co-organizer of the conference serene with Solarplaza. "The fatherland may possibly merely pressurize somebody into one of the leading solar markets worldwide."