What solutions does Reservoir Sun offer?
Reservoir Sun is a solar operator specialized in self-consumption for communities and companies. We finance and build the facilities that we place in our clients’ facilities, on roofs or parking lots. We sell them the electricity produced for 20 years at a fixed and guaranteed price to cover part of their electrical needs.
The company was created in 2018 and today has 90 employees. The headquarters are located in Marseille, with offices in Lyon, Paris and Toulouse.
How is solar self-consumption a response to the current energy crisis?
The crisis we are experiencing has two strong impacts: a very significant rise and volatility in the cost of energy. Solar power makes it possible to respond to this with electricity up to three times cheaper than grid electricity, regardless of market fluctuations. Provides security of supply, economic price and visibility of your bill over time.
In terms of costs, is solar energy very interesting?
We are experiencing a slight increase in investment costs due to the rise in the price of raw materials, but disproportionate to the price of energy. The price of solar panels has divided by ten in 10 years, so this increase is still smaller in proportion. The price of solar installations will continue to fall. The national and European desire to relocate panel manufacturing plants should contribute to this.
And beyond the initial investment, operating costs are low. Solar power is the cheapest, and it will continue to decline.
Why was the implementation of self-consumption not encouraged?
Largely absent from the ENR bill, self-consumption still faces real regulatory and political obstacles: lack of national ambition (by the end of 2022 Spain will have 2.5 GW of self-consumption compared to just 0.4 for France), lack of of strong incentive to equip all new construction with solar panels, cumbersome and slow administrative procedures (2 years to develop a low consumption installation), regulatory restrictions of the distribution network, brake on third party investment (financing is the cornerstone of any solar project).
What are the ways to harness this energy?
In the near future, the issue will no longer be whether or not to equip our buildings with solar panels, but how to make the most of this energy. The price of storage is experiencing a sharp drop and this will continue. It will be competitive and will allow to compensate for the intermittency of solar energy, storing during the day to cover the needs at night.
We are only at the beginning of the history of solar self-consumption. Everything is yet to be invented to make the most of this energy at all times: self-consumption, reinjecting it into the grid to pass peaks, recharging our cars or, on the contrary, using them as a backup…
This content was produced with SCRIBEO. The BFMBUSINESS editorial team was not involved in the production of this content.
Source: BFM TV
