(Montel) An expected halving of capture rates for solar power in Europe this decade could deter investment and potentially threaten future capacity targets, said an analyst at Rystad Energy.
The Olso-based consultancy estimated capture rates for solar to dive from around 80% of spot prices today to less than 40% by 2030 due to huge supply growth.
“This is a big risk that investors in solar will increasingly need to take into account, especially if they are exposed to spot prices,” Rystad Energy analyst Fabian Ronningen told Montel in an interview.
“We will probably get a good…
