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Christian Breyer and Alexander Gerlach Global overview on grid-parity Progress in Photovoltaics: Research and Applications 21

Version of Record online: 17 FEB 2012 | DOI: 10.1002/pip.1254

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Grid-parity is a very important milestone for further photovoltaic diffusion. Results of the grid-parity analysis are shown for more than 150 countries and a total of 305 market segments all over the world, representing 98.0% of world population and 99.7% of global gross domestic product. The 2010s are characterized by ongoing grid-parity events throughout the most regions in the world, reaching an addressable market of about 75–90% of total global electricity market.

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