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Switzerland: Current CO2 Tax Does Little to Help Solar Thermal

Submitted by Baerbel Epp on November 16, 2017
Oil price chartThe solar thermal market in Switzerland has been shrinking for the past years because of increasing competition from photovoltaics and heat pumps. Additionally, the low oil price has led to a wait-and-see attitude among potential customers. The market continues to show no signs of an upturn despite the introduction of a CO2 tax on fossil fuels around 10 years ago. This tax, however, has done little to compensate for the one-third reduction in oil prices in 2015 and 2016. A more suitable alternative would be a levy linked to oil and gas prices.
Source: Swiss Federal Statistical Office

Australia: Second Decline in a Row

Submitted by Baerbel Epp on February 1, 2012

 Advertisement of subsidies in Australia The Australian solar thermal market has not actually recovered since the boom year 2009. According to the Head of the Renewable Department of Rheem Australia Pty Ltd, Chris Mundy, the total installed collector area in 2011 again decreased by around 13 % to 100,000 systems. In 2009, around 150,000 systems had found a buyer in Australia. The company is still advertising the subsidies that have been granted around the country, but these subsidies will stop in June 2012. This means that economic prospects will likely remain difficult this year.

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