Policy Solar Energy Power Generation

What policies support solar generation?

Policies to support solar deployment should reward generation, not investment; should not provide greater subsidies to residential generators than to utility-scale generators; and should avoid the use of tax credits. State renewable portfolio standard (RPS) programs provide important support for solar generation.

Should solar power be subsidized?

of generation is higher where the solar resource is less abundant. Policies to support solar deployment should reward generation, not investment; should not provide greater subsidies to residential generators than to utility-scale generators; and should avoid the use of tax credits.

What are the benefits of a solar energy policy?

Enabling Solar Policies Governments around the world are developing renewable energy policies to support broader national goals such as diversifying energy supply, enhancing energy security, expanding energy access, fostering innovation, and addressing global climate change.

How does policy support affect solar PV deployment?

Policy support remains a principal driver of solar PV deployment in the majority of the world. Various types of policy are behind the capacity growth, including auctions, feed-in tariffs, net-metering and contracts for difference.

What is the contribution of solar energy to global electricity production?

While the contribution of solar energy to global electricity production remains generally low at 3.6%, it has firmly established itself among other renewable energy technologies, comprising nearly 31% of the total installed renewable energy capacity in 2022 (IRENA, 2023).

What is the IEA photovoltaic power systems technology collaboration programme?

The IEA Photovoltaic Power Systems Technology Collaboration Programme, which advocates for solar PV energy as a cornerstone of the transition to sustainable energy systems. It conducts various collaborative projects relevant to solar PV technologies and systems to reduce costs, analyse barriers and raise awareness of PV electricity’s potential.