Why is PV Financing relevant for the EU policy debate? · Why is PV Financing relevant for the EU policy debate? This project has received funding from the European Union’s Horizon

Why is PV Financing

relevant for the EU

policy debate?

This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 646554

Alexandre Roesch, Policy Director, SolarPower Europe Brussels, 26 October 2016

Cost of financing has a differentiated impact on generation costs of power assets

Source: RTE/Market4RES

Cost of financing varies across Member States

Source: DiaCore

QUESTIONS ADDRESSED BY PV FINANCING:

• How to make renewable power accessible to all, eg. tenants?

• How to ensure stable market revenues for solar electricity?

• Which (national) best practices can be used to derisk investments and thusmake the energy transition cheaper overall?

Energy Union Communication, 25 February 2015

Application segments

Single family residential

homes

Multi-family residential

homes

Shopping malls and office buildings

Ground mounted solar

farms

Public and educational

buildings

Business parks and industrial

buildings

Self funding Debt

EquityMezzanine financing

Leasing Crowdfunding

Sources of finance

BUSINESS MODELS

Self consumption

Cooperatives

Power Purchase Agreements (PPAs)

Aggregators/Virtual Power Plants

Profitability drivers

Electricity prices

Export price and support

schemes

Cost of capital

Irradiation and system

costs

Self-consumption

rate

Grid services revenues

Practical deliverables

Cash-flow modelling tool Legal templates in national langages