| By :
Martin Hofschroer
Britain's solar PV market might see massive growth this year due to the introduction of feed-in-tariffs, according to a new study. Analysis by PricewaterhouseCoopers discovered that the solar PV market could grow by five times its current size in 2010 and over 30 times by 2015 as a result of increased demand for energy efficient appliances. The study entitled 'On the brink of a bright future? Insights on the UK solar photovoltaic market' revealed that solar PV accounts for just 0.3 per cent of renewable energy in the UK installed today. Britain's current solar capacity means it lags well behind the largest European countries such as France, Germany, Spain and Italy where domestic solar installations and large-scale solar farms are more popular. Demand for solar PV appliances could increase by as much as 300 per cent in the first five years of the feed-in-tariffs programme, which recently received support from the new coalition government. Renewables director at PricewaterhouseCoopers LLP, Daniel Guttmann said that it is likely that the solar PV sector will be transformed into a professionally organised industry once the impact of the feed-in-tariffs are fully realised. He said: "The PV market will become more sophisticated with more complex products and a greater focus on accountability for system performance." Mr Guttmann went onto say that there will be new jobs available to people who have passed electrical courses and green energy courses as they will have the skills to meet the increased demand for solar PV appliances. "The industry will need to adapt and develop quickly to ensure that as much of the opportunity in terms of job and value creation is captured within the UK. Companies that have been successful so far have benefited from investment in order to fund expansion," he added. Daniel Guttmann has urged that more funding should be made available for green energy courses as the ability to install green appliances will be essential for all tradesmen in the near future. He said: "Further investment will be required in order to train for and fund the rapid expansion expected. New entrants are likely to expand into the UK in coming years." Gus Schellekens, sustainability and climate change director at PricewaterhouseCoopers LLP, said that solar PV has a promising future if it is fully supported by government policy. Generators at this year's Isle of Wight Festival will partly run on bio-diesel and solar power will also be used at the summer event as part of its 'Let it Be' campaign.
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