“while the rate cut gave an immediate boost to purchasing power for potential homebuyers, the pent-up demand, limited available inventory and high home prices mean that purchasing power increase may not mean much in practical terms. short of an explosion of homebuilding to relieve inventory ...
In the wake of increasing solar power deployment in Africa – a movement that has gained momentum across the entire solar value chain, (Pico Solar, Small Household Solar, as well as Mini Grids and Grid scale solar) Africa is now battling the challenge of huge economic losses arising from imp...
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The past decade has seen a dramatic increase in the penetration of wind and solar PV – the only two mainstream forms of variable renewable energy (VRE) generation in Australia – in Australia’s National Electricity Market (NEM). Over the year to July 2007, small- and utility-scale wind ...
Pesident Biden is responsible for high gas prices, and thus for inflation. However, that is not the whole story. Oil prices respond mostly to international events and it appears that inflation is mainly caused by corporate greed. Gas prices are now dropping, so will President Biden get the ...
The skyrocketing solar demand with limited supplies also creates another major risk: increasing prices. For many market watchers, nobody forecast these price increases for raw materials. The solar industry faced the worst polysilicon shortage in 10 years at the beginning of 2021, which raised prices...
It should be noted that these outlooks of more than ten years are highly uncertain, both for the PV system costs (given the dynamic development of PV) and for power prices (given the strong changes that can be expected in the electricity system). Therefore, any source for these data will...
BloombergNEF, “Battery Pack Prices Cited Below $100/kWh for the First Time in 2020, While Market Average Sits at $137/kWh”, December 16 2020, [online], Available: https://about.bnef.com/blog/battery-pack-prices-cited-below-100-kwh-for-the-first-time-in-2020-while-market-average-sits...
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