Free Trial

Nordics Could Lead Floating Solar Consumption Coverage in EU: Study

POWER

The world’s floating PV potential is at around 1,302TWh, with Finland, Sweden and Denmark having the highest amount of their annual power consumption covered by floating solar in the EU, according to researchers at Bangor and Lancaster Universities and the UK Centre for Ecology & Hydrology, cited by PV Magazine.

  • Finland would be able to cover about 17% of its yearly electricity demand, as well as Sweden, with Denmark at 16%, according to the study.
  • The average across all countries is 16%.
  • The 1,302TWh figure represents 10% surface area coverage, with a total theoretical potential estimated at 14,906TWh.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.