Foreign media said that Japan is shutting down the lights of large fuel-fired power plants one by one. Solar energy is becoming an alternative because nuclear energy development is stagnant after the Fukushima disaster. Folding Solar Panels,60Cells Solar Panel,Foldable Solar Panel,100W Foldable Solar Panel Zhejiang G&P New Energy Technology Co.,Ltd , https://www.solarpanelgp.com
Foreign media said that Japan is shutting down the lights of large fuel-fired power plants one by one. Solar energy is becoming an alternative because nuclear energy development is stagnant after the Fukushima disaster. According to a Reuters report on April 26, the Japan Renewable Energy Foundation said that solar energy may be profitable in Japan as early as this quarter, so that it does not have to accept government subsidies. Japan will also become the last solar energy technology in the G7. An economically viable country. Japan is now one of the four major markets for solar panels worldwide, and a large number of power plants will be put into production.
Thomas Koberier, chairman of the Executive Committee of the Japan Renewable Energy Foundation, said: "Solar energy has matured in Japan. From now on, solar energy will replace imported uranium and fossil fuels."
After the 2011 earthquake and tsunami triggered the disaster at the Fukushima nuclear power plant, 43 nuclear reactors in Japan were shut down. Since then, renewable energy generation capacity has tripled to 25 million kilowatts, of which solar energy accounts for more than 80%.
Analysts believe that the decline in PV panel prices and technological advances that can take advantage of the sun's more energy have enabled solar energy to enter a global boom. Analysts have compared the rise of solar energy with shale oil.
Wood-McKenz, a consulting firm focused on the oil and gas industry, said: “As shale mining technology reshapes the oil and gas landscape, there is no technology to change the power industry compared to distributed and utility-scale solar energy. ."
ExxonMobil, a large oil company, said: "From 2010 to 2040, photovoltaic power generation capacity is expected to grow more than 20 times."
Investors are also re-recognizing solar energy. This year, the global solar energy index rose 40%, getting rid of the downward trend after the 2008-2009 financial crisis, and the performance far exceeded that of iron ore, natural gas, copper and coal.
According to the German Institute of Fraunhofer, China's large-scale production of solar panels has become the driving force behind the 80% reduction in solar manufacturing costs over the past decade.
In Japan, the cost of solar power for residential use has fallen by more than half since 2010, reaching less than 30 yen per kilowatt (about 0.25 US dollars), which is equivalent to the average household electricity price.
Wood-McKenz expects that solar power costs will continue to fall because "efficiency is far from the theoretical maximum." Solar energy has been widely used in Europe and North America, but it is the expected prosperity in Asia that will enhance its position.
China's newly formulated air pollution control policy has played an important role. Due to these policies, Beijing is seeking alternative energy sources for coal. Coal accounts for nearly two-thirds of China's energy consumption.
In 2014, China's installed capacity of photovoltaic power generation was 26.52 million kilowatts, less than 2% of its total installed capacity of 1.36 billion kilowatts.
However, the Chinese government hopes to increase the installed capacity of photovoltaic power generation by 17.8 million kilowatts this year, adding 5 million kilowatts in the first quarter alone, and plans to increase the installed capacity to 100 million kilowatts by 2020.
India, which is dominated by coal-fired power, may also develop solar energy on a large scale due to sufficient sunshine.
Although solar energy is promising, thermal power generation is far from dead. ExxonMobil said: "When the sun and wind are not strong, you must use additional power generation capabilities such as natural gas power plants to supplement wind and solar energy."
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