Electricity Market: PV Innovations

This lecture covers the recent developments in the electricity market related to photovoltaic (PV) technologies. It discusses the significant drop in generation costs of renewables from 2010 to 2020, highlighting the remarkable decrease in costs for solar and wind energy. The presentation also delves into ultra-low cost bidding for PV projects, showcasing record-low bids at auctions and the evolving landscape of PV tariffs globally. Moreover, it explores the challenges and risks associated with PV as the main option for energy transition, emphasizing the complexities of grid parity and the integration of renewable energy sources into existing systems.