SET FOR 2020

Welcome to the website of the European Photovoltaic Industry Association (EPIA) SET For 2020 Report - a study on photovoltaics that delves deeper and is more comprehensive than any other existing study on PV in Europe.

Conducted by EPIA with the strategic management consultancy A.T. Kearney, SET For 2020 outlines how photovoltaics can become a mainstream energy supplier in Europe by 2020.

The study provides a unique, wide-ranging combination of facts, figures, analysis and findings: SET For 2020 is indispensable for anyone with an interest in the future of the European energy market. It follows an intensive and broad-based analysis of existing data as well as interviews with around 100 key people in industry, research institutes, utilities, regulatory agencies and government across Europe and other parts of the world over the past six months. The study concludes that boosting the share of photovoltaic electricity (PV) will yield huge benefits to European society and its economy. This requires the active support of policy makers, regulators and the energy sector at large.

Among the findings:

• Europe needs to dramatically increase the share of PV to meet its 20/20/20 energy goals.
• A 12% market share for PV in Europe is a demanding, but achievable and desirable objective.
• Supporting the development of PV is an investment that will yield important positive returns for the European economy.
• The deeper and earlier the penetration of PV, the greater the net benefits.
• Mass penetration of PV will support European competitiveness, employment and energy security of supply.
• PV is the fastest-growing renewable energy technology, and costs are expected to drop faster than those of other electricity sources.
• By end 2020, PV can be competitive in as much as 75% of the European electricity market.

More Information
Information on events and briefings can be found here. An executive summary of the report can be downloaded here. To purchase the full report, please register here.