Pestel Analysis For New Type Of Solar Panel Engineering Essay

Pestel Analysis For late Type Of solar Panel Engineering EssayThe purpose of this treat is to investigate the external business environment for a in the altogether typecast of solar panel that rouse be fitted into UK homes to generate cleverness. The report consists of trine parts. The first part of the report gives an introduction into solar nada, the yield foodstuff size and serious grocery store competitors. The second part presents the four blusher trends obtained using PESTEL analysis, identifying the factors affecting the start-up of a business. The third section reflects upon the future and the obstacles go most by the solar panel/ technology industry in the UK. knowledge used in this report was gathered using internet run such(prenominal) as Google Scholar. All the websites used atomic number 18 referenced at the end of the report.1.1 solar Power and solar TechnologySolar zip fastener was first used in the 1860s 1 by Auguste Mouchout, to produce ice by conve rting solar free cypher into mechanical aptitude. He later connected a refrigeration machine to this organization to produce ice. In 1883, Charles Fritz converted solar animation into electrical energy. This was the biggest moment in the history of solar technology as scientists had finally found a ray of hope.Solar energy continued to develop in the 20th century. Solar panels were finally actual in 1954 at Bell Laboratories using silicon. By 1990, it was clear that non- vicissitude force out would run out and it was essential alternative rises of energy were improved.In the twenty-first century, solar technology has improved many folds. The conversion rate of solar energy into electrical energy in 1954 was 6% 2. The facilities present at the Sandia National Laboratories demand a conversion rate of 31.25% 3.Amorphous Solar CellsCrystalline solar PV holds close to 85% of the total market shargon, passing the remainder to thin-films 4. Which argon used in a internal environm ent. These can be either mounted on roof tops in UK or facing 90 degrees of south.Average solar electricity remains cost 12000 and per kW of electricity cost from 5000 8000 but this reduces with era as the agreement produces more(prenominal)(prenominal) electricity.1.2 AdvantagesProducing electricity using solar power nominates ternary main types of benefits it benefits the environment, the user and the community.Solar power is considered a Green/ undress fuel and conversion. This helps s kickoff shoot down the fixs of global warming and hold the line the environment clean.The benefits for a domestic user areCutting the energy bills of the household since electrical energy is being produced from a free point of reference of energy (Sun). Once the initially cost of installation of solar transcription is covered, the household volition discombobulate relatively low energy bills. An mediocre UK household can save upto 140 on energy bills/ division 5.It can provides 24 hour electric release to a households placed in remote parts of UKIf energy has been produced in excess by a domestic user via the solar energy system (SES), hence it can be fed back into the national grid. This benefits the community, reduces the use number of electricity which has to be produced using non-renewal fuels and provides finance for the producer.1.3 Key UK based handle Competitors motley companies install Solar Electric System (SES) for domestic use. Various non-profit organization such as Narec 6, button Saving Trust UK 7 and The Solar Energy trust UK, promote and support the projects undertaken by companies involved in the solar industry. Microgeneration Certification strategy 8 ensures that all equipments and services used in the installation of a SES in a domestic surrounding is of the highest touchstone and is thoroughly examined.http//www.uk-ises.org/Solar Essence Ltd is one of the leading companies which specialise in solar power/ estrus 9. Solar Essen ce is a MCS canonical installer of photovoltaic systems. They were heavily involved in the campaign which led to the clime Change Act 2008.PV Systems established in 198210 is the leading supplier for photovoltaic (PV) Systems in the UK. PV Systems designed and installed UKs first fully integrated PV roof in Oxford, UK in 1995. Since wherefore they have installed over 1000 PV Systems. They too exercise closely with companies such as Sony, Sharp, Mitsubishi and BP Solar developing and installing quick PV Systems. PV Systems is too a MCS approved company maintaining the highest standard of services.Energy emergence Co-operative Ltd is a company based in Suffolk, UK since 1997. They specialise in providing off-grid solar systems by setting up SES in remote locations. They provide solar systems for various county councils in UK, Universities (Manchester), the BBC, Intel and many more such companies who are laborious to reduce their energy bill.We can gestate a boom in the Solar Industry in the next decade as more domestic and industrial users switch to green-fuel. Areas of UK, where sun lighter is usable in abundance can expect new companies providing efficient alternative book of facts of energy via the sun to start operating in their areas as everyone is a winner in such a venture.1.4 Market Size for Solar Power in the UKSolar energy can be potentially be a large scale/cheap energy provider for UK, especially in the summer months hence making more energy independent from the East. Across the world, the installing of PV growingd from 6000 MW in 2008 to 7.3 GW in 2009. UK is expect to have a market size of 60MW in 2010.In give to get a better idea most potential market size for solar power in the UK for the next decade, a subject field was conducted by Energy Efficiency Partnership for Homes (EEPH). Here are the flesh outA method calculating the usage of Microgeneration technology was created for an earlier memorise on energy sources this method was used by EEPH in rig to predict the possible number of new installations of solar energy systems on yearly bases from 2010 2020. This method considered the peoples choice for microgeneration technologies. Below are the findings of the studyPV system is expected to have a market of 200,000units/year in 2020 consumers olfaction they would benefit greatly via Feed-in-tariff (FIT) and the capital cost to set up PV system could be covered via FIT. This is a very realistic with the improvement in the SES technology and funding from the judicature.In the present fourth dimension, solar hot wet systems are the closely preferred choice(from all the microgeneration technologies presently) by domestic users of solar energy, but are expected to decline as other methods such are hot air technology improvise.The competition to sell SES is heating up in the UK. At present, there are three types of companies battle for the top spot. Firstly the manufacturers, they are becoming more and more equivalent sweepingrs, hence affecting the business specimen of the wholesalers for solar systems. Manufacturers and wholesalers in any case have to fight large companies which specialise in installing solar systems. A price war is expected to drag the capital cost down for manufacturing, installing and maintaining. This is however an ex kioskent news for the domestic/industrial consumers of solar power.2 External Business Environment Analysis Using PESTELThe PESTEL model is made of 6 parts. Its designed to provide assistance to an individual or a group of people, making a business decisions. There are various elements (such as new laws and trade deals) which can affect an organisation PESTEL is used to divide the elements affecting a business into 6 diverse categories. The six categories arePolitical factors. sparing factors.Social factors.Technological factors.environmental factors.Legal factors.This part of the report go forth help identify 4 key trends which are most likely to affect a new business in the field of solar industry.2.1 Political Government effect and projectsThis part of the report focuses on plans set by the establishment and trade associations resulting in ontogenyd usage of renewal fuel, and predict the effect of these plans. The organization has two main goals towards bring down the emission of carbon dioxide. They are By 2020, aim to generate 20% of all British electric supply via renewal sources of energy and by 2050 cut the carbon dioxide emission by 60% for the UK. The present politics towards these targets is shown in Figure 5. Earlier to the government announcement, in 2005 various trade associations consisting of over 550 companies addressed the issue of reducing carbon dioxide emission and summation the use of renewal fuels. By 2025 they expect 25% of UK total energy consumption to be produced using renewal sources of energy. 11Figure 517 Shows the government progress towards its 2050 targetA new government scheme , which is going to be introduced in April 201112 is set to announce that one in 10 UK homes will have a roof based SES. This will result in saying of upto 900 a year for then household.The Scottish Government has a scheme promoting and proving grants for anyone using the microgenerator method for producing energy. The government are providing upto13 4000, roughly 30% of the installing cost. As time goes on, more and more households will take up the idea of having PV on their roofs as time would besides start running out for the targets set by the government. As UK recovers from recession presently, the young generation would see microgeneration technology as a attractive prospect(also the grant to cover the capital cost) as we might go through a nonher recession in the next 40 historic period and being about to reduce your bills in the recession, majorly helps out a household.2.2 Economic Prices of non-renewal fuel and medium incomeThis section of this report contains analysis of the effect of an increase in the cost of non renewal fuel and a increase in energy bills. It also reflects on the factors influencing financial the decision to invest into a microgeneration technology.A domestic household in the UK uses up about 1.5 to 3kW 13, and solar panels can roughly 50% of the domestic energy requirement. Presently most of the electricity using in the UK is produced by the burning of oil, immanent gasolene and coal. This means an increase in a selling price of oil, natural gas or coal would directly increase the energy bills of a UK household. Figure 1.0 shows the increase and decrease of oil prices in the UK. The X-axis should a time line and the Y-axis shows price/gallon.In the year 2008, energy bills were considered to be at their highest point, especially August 2008. In the next 18 to 20 months, the wholesale price for oil, natural gas and coal fell by 15% 20%. This resulted inFigure 1 Graph displaying the norm oil price/month from 2005 2010 14. In the year 2008, energy bills were considered to be at their highest point, especially August 2008. In the next 18 to 20 months, the wholesale price for oil, natural gas and coal fell by 15% 20%15. This resulted in the decrease of electricity prices by a kindred margin for retailers. As we continue for relay on limited non-renewal fuels to provide energy, eventually the price of non-renewal fuels will increase, also increasing the average energy household bill. This drive in prices will result in an increase of the usage of renewal fuels, and over time the capital cost to setup will reduce due to improvements in technology, increase in dexterity and competition. New customers in the solar industry will mean a much needed funding will start becoming acquirable in order to research further, the field of solar technology and also lead to a clean fuel based UK.2.3 Social sentience about clean fuelThis part of the report reflects on the present efforts being made in order to raise sensory faculty about renewal/clean fuel in the British society. The report also reflects upon the effects of non-renewal sources of energy and their effect on the climate, e.g. Global warming.It is believed that if all of the sunlight reaching planet earth each day was converted into electricity, then the amount of electricity produced would be same as supporting the energy consumption on planet earth, many times over the uncouth consumption.More and more energy consumers across UK are now cracking on using renewal sources of energy. This is due to the various publicity campaigns on saving energy and recycle waste making the public a lot more conscious about their behaviour towards the environment. Things such as the melting of polar ice caps due to global warming and extinguishing of species of various animals due to un experienceable environment has raised some important questions about human behaviour towards the environment.Figure 2 shows that change in average temperatur e of Central England compared to the average Global temperature.Figure 2 shows a perk up increase in temperature in Central England. It is further expected that the average temperature will rise by 1.4 to 5.8 C 16 by the end of the twenty-first century. In order to keep living in a sustainable environment, we need to change our habitsRecycle close to 100% of the waste kick upstairs awareness about sustainable environment in schools and offices.Use energy saving methods while carrying out day to day tasks.Increase in media coverage about the latest developments in the environment.Better grants and facilities available for a domestic user to switch to solar energy from a non-renewal source of energy.More and more people are now trying their top hat to reduce their carbon footprint to its minimum. There are various tools available which help you calculate your carbon footprint.Using energy saving light bulbs.Figure 5 provides some evidence that the British people are becoming educate d about sustainable living and changing their habits as the carbon dioxide emission is on a decrease.Government is now also educating school children on green fuels and the effects of global warming on our environment by making it part of their education system. This is exceptionally dear since those children will already be aware of the issues affecting our environment and will prefer renewal sources of energy as they are aware of the shock absorber on non-renewal sources of energy on the environment.The market prospect looks positive for renewal sources of energy in the next decade, as various projects raise awareness about the effects of carbon dioxide emission on our environment. Both the domestic and the industrial sector are now changing their behaviours towards the environment and government across the world are seriously promoting renewal sources of energy as our environment could be in jeopardy if nothing was done to sustain it.2.4 Technology Efficiency rateOne of the rea sons people do not readily take to renewal sources of energy such as solar power is because they do not consider them to be 100% veritable and have a low efficiency rate (converting solar into electricity).Since 1860, scientists have been trying to address the problem of efficiency rate for solar energy. The solar technology has advanced many folds since 1860, which have made SES, affordable, reliable and low maintenance. Solar technology has been integrated with the thermal-chemical technology 18 in order to increase its efficiency. This hybrid allows users to store heat energy from the sun and convert it to electricity whenever required. This prevents from the loss of heat which was a major problem with traditional SES as they use to lose heat if it was stored for later use.Another advancement in the solar industry has been of the development of the Power Sticker. A power spur boosts the energy output of a SES by up to 10% 19. A power sticker sticks on top on a solar cell and p revents solar light from reflecting off from the top of a cell hence trapping the maximum about of sun light.MAKE MY throw GRAPH ON THE NUMBER OF SES EXPECTED TO BE SOLD establish ON OIL PRICE1 http//facts-about-solar-energy.com/solar-energy-history.html2http//en.wikipedia.org/wiki/Solar_thermal_energyConversion_rates_from_solar_energ y_to_electrical_energy3 http//www.sandia.gov/4 http//www.solar-power-answers.co.uk/solar_cell_types.php5 http//www.electronicsweekly.com/Articles/2010/08/04/49207/uk-is-fastest-growing-solar-energy-market.htm6 http//www.narec.co.uk/7 http//www.energysavingtrust.org.uk/About-us8 The Microgeneration Certification Scheme. (2009). Welcome to theMicrogeneration Certification Scheme website online. Available from cited 23/02/099 http//www.ethical-junction.org/profile/solar_essence10 Department for Business Enterprise restrictive Reform. (2009).Renewable Energy online. Available from cited22/02/0911 British Wind Energy Association. (2005) BWEA press releas e online.Available from cited22/02/0912 http//www.financialadvice.co.uk/news/household-bills/87515-uk-government-offers-incentives-for-renewable-energy-supply.htmlhttp//www.direct.gov.uk/en/Environmentandgreenerliving/Energyandwatersaving/Renewableandlowcarbonenergy/DG_07259314 http//www.thisismoney.co.uk/oil-price15 http//www.theenergyshop.com/getTariffUpdates.dojsessionid=DB5D90222582827E01DABE3170A0671916 http//www.decc.gov.uk/en/content/cms/statistics/climate_change/impacts_cc/impacts_cc.aspx17 http//www.decc.gov.uk/en/content/cms/statistics/climate_change/gg_emissions/targets/targets.aspx18 http//www.alternative-energy-news.info/mit-thermo-chemical-solar-power/19 http//www.alternative-energy-news.info/power-sticker-boost-solar-power-generation/