Wind solar and solar container policy

Do tariffs and other trade measures support or hinder solar and wind energy?

We must reassess whether tariffs and other trade measures support or hinder the expansion of solar and wind energy technologies worldwide. Trade costs along these value chains remain high, making their technologies less affordable and limiting industrialization opportunities.

What happens if we delay solar PV and wind power integration?

Delaying the implementation of measures to support integration could jeopardise up to 15% of solar PV and wind power generation in 2030 and would likely result in up to a 20% smaller reduction of carbon dioxide (CO2) emissions in the power sector.

Should solar PV and wind be integrated?

Realising the full potential of expanding solar PV and wind requires proactive integration strategies. Between 2018 and 2023, solar PV and wind capacity more than doubled, while their share of electricity generation almost doubled.

How can solar and wind energy contribute to global value chains?

Boost value addition through raw material processing and assembly of solar and wind energy technologies to drive structural transformation and integrate developing countries into global value chains. Harness South-South trade and regional integration to strengthen developing countries' participation in renewable energy value chains.

What role will China play in the solar PV supply chain?

However, irrespective of European regional goals, China will maintain a predominant role in the solar PV supply chain due to the advantages of manufacturing capacity and costs, and the need to expand global capacity by over 1.5 times.

How do solar PV and wind power systems work together?

Maximising the benefits from increased solar PV and wind capacity requires effective integration into power systems. While power systems have always managed demand variability, variable renewable energy (VRE) such as wind and solar PV introduces supply variability depending on the weather.