The ins and outs for energy in 2016
Author: Sindy Peters
Prices are going up, the nuclear deal’s going down, natural gas wants in, renewables are certainly not out, and lithium-ion batteries are here to stay. These are some of the trends in the energy sector for 2016.
According to IHS, a market research firm, there will be a slowdown in global solar PV demand growth in 2016. However, Mashele says small-scale renewable growth for South Africa could be double that seen in 2015 owing to rising electricity rates and falling prices for renewables imported from China. China will remain the world’s leading producer of photovoltaic solar cells, according to Sven Lindström, co-founder, chairman and CEO of solar tech company Midsummer AB.
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