How does distributed photovoltaic power generation work in the context of market fluctuations?
As of April 7, 2025, the distribution of photovoltaic power generation has become a significant driving force for energy transition. By the end of 2024, it is projected that our country will have installed approximately 3.7 billion kilowatts of distributed photovoltaic capacity, a remarkable increase from 121 million kilowatts in 2013, accounting for 42% of the total photovoltaic installed capacity.
In 2024, the new increase in distributed photovoltaic capacity is expected to reach 1.2 billion kilowatts, representing 43% of the new photovoltaic capacity for that year. It is estimated that the total distributed photovoltaic generation will reach 346.2 billion kilowatt-hours, which is 41% of the total photovoltaic generation capacity. The scale of distributed photovoltaic generation is continuously expanding, and the industry development environment is also undergoing changes.
According to the 136 Document and the Implementation Plan for the Development of Distributed Photovoltaic Power Generation, our country is entering a new phase in the distributed photovoltaic market. Moving forward, the development model will evolve, focusing on what type of business model will emerge. The market structure should align with the requirement for “green” energy transformation.
In the future, renewable energy is expected to play a primary role in electricity generation. Thus, it is essential to address issues related to intermittency, fluctuation, and safety mechanisms to ensure stability and efficiency in energy supply. Experts have suggested that new policies will shape the pricing and quota policies of electricity generated from renewable sources, which could lead to a more stable price structure.
Considering the growing application scenarios, there are two major areas: one is centralized generation in power plants, and the other is decentralized generation through renewable microgrids. The transition to renewable energy will require significant investments and a clear path toward a sustainable energy future.
By 2025, significant developments in distributed photovoltaic power generation are anticipated, including technologies that enhance the efficiency and integration of renewable energy into the grid. This will help to ensure a seamless transition from traditional energy sources to renewable ones.
In summary, as distributed photovoltaic power generation continues to grow, it will increasingly contribute to our energy needs. The focus must be on creating a robust and resilient energy market that can accommodate the complexities of renewable energy integration.