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What are the long-term future perspectives of the sector in Europe?

Submitted by Baerbel Epp on May 9, 2008

The ambitious scenario of the European Solar Thermal Industry Federation (ESTIF) expects Europe will reach 0.7 kWth (1 m2 of collector area) per European in 2020, equivalent to a total capacity in operation in the EU by then of 320 GWth. To reach this target, a suitable support framework will be required and solar will then be widely used for both cooling and supplying process heat, though the majority of this capacity will still supply domestic hot water and space heating.

Which are the major solar thermal markets worldwide?

Submitted by Baerbel Epp on May 9, 2008

By far the largest solar thermal market in the world according to newly installed solar thermal capacity per year is China. In 2008, around 21 GWth (30 million m2) were sold in China, which was around 80 % of the world global solar thermal market.

Is solar thermal technology still a niche market?

Submitted by Baerbel Epp on May 9, 2008

There are a number of mature markets like Israel, Austria, Barbados, China or Cyprus where solar thermal is used by a wide majority of people for heating the domestic hot water and sometimes for room heating.

Which are the main market drivers?

Submitted by admin on May 5, 2008

Generally speaking, you can differentiate between naturally growing markets and incentive driven markets. In the former, low-cost solar water heaters are already an economic alternative for households to produce hot water instead of using fossil fuels or electricity. Some examples are: China, which is the biggest solar thermal market in the world, Cyprus which has one of the highest solar thermal capacities in operation per capita in the world, and Turkey, which is the third biggest market in the world.

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