The biggest reason for the shortage and surge of silicon material this year is the surge in installed capacity of solar power generation. China, the United States, Europe, India and Brazil have all announced their expected new installed capacity this year.
On July 26, the European Commission's special energy committee meeting approved a new regulation proposed by the European Commission a week ago, which will increase the EU's new installed capacity target this year from 29.9GW to 39GW, an increase of 1/3, and the total increase in 2022. 13GW, doubling from 2020 and 50% from 2021!
With the energy crisis encountered by the EU, the EU has been faced with the increasing gas supply crisis again and again. Faced with the increasingly serious energy shortage, the European Commission decided last week to start reducing natural gas consumption this winter. Action in solidarity to reduce gas demand by 15% between August 1, 2022 and March 31, 2023.
In order to make up for the shortage of natural gas, the EU must increase the supply of other energy sources. The EU has pointed out fuel conversion measures to save natural gas in advance, including switching to renewable energy and solar energy. Renewable energy will again face growing demand.
The analysis of SolarPower Europe revealed that the EU's new plan will break the previous highest forecast of 29.9GW of new photovoltaic installations in 2022. The EU will target to add about 39GW of photovoltaics by the end of the year, which is equivalent to 4.6 BCM of natural gas. In 2021, the EU will add 26GW of photovoltaic power generation, an increase of 25% over the new increase in 2020; in 2022, it will add 13GW, an increase of 50% over 2021!
