GlobalData to Europe: Invest in Solar Now or Pay the Price

GlobalData to Europe: Invest in Solar Now or Pay the Price

Expecting European domestic gas prices to climb by another 10 percent in 2013, a senior energy consultant from research and consulting firm GlobalData has advised energy consumers across the continent to spend on solar PV now or lose money in the long term.

Jonathan Lane, GlobalData’s head of consulting for power and utilities, warns prices will rise for energy consumers in 2013 as both renewable subsidies and higher oil prices push electricity and gas prices higher across Europe.

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