IREC's Annual Solar Market Trends Report

18
U.S. Solar Market Trends Larry Sherwood IREC IREC 3iForum at SPI October 2013

description

The solar market, although relatively young, is an increasingly important and vital part of the American economy. What are the trends in this market, and what forces are at work? Which sectors of the market are strongest, and why? What are the prospects for solar energy in the near future? This session presented the results from the recently published IREC Report, U.S. Solar Market Trends 2012.

Transcript of IREC's Annual Solar Market Trends Report

Page 1: IREC's Annual Solar Market Trends Report

U.S. Solar Market Trends Larry Sherwood

IREC

IREC 3iForum at SPI October 2013

Page 2: IREC's Annual Solar Market Trends Report

Federal Tax Policy

Page 3: IREC's Annual Solar Market Trends Report

$- $1 $2 $3 $4 $5 $6 $7 $8 $9

2009 2010 2011 2012

Residential Non-residential

U.S. Distributed PV Cost Trends

Page 4: IREC's Annual Solar Market Trends Report
Page 5: IREC's Annual Solar Market Trends Report

Renewable Portfolio Standard Policies w ith Solar / Distributed Generation Provisions.

www.dsireusa.org / March 2013.

16 states,+ Washington DC have Renewable Portfolio Standards with Solar and/or Distributed

Generation provisions

Page 6: IREC's Annual Solar Market Trends Report
Page 7: IREC's Annual Solar Market Trends Report

0

500

1000

1500

2000

2500

3000

3500

4000

2008 2009 2010 2011 2012

Cap

acity

(MW

DC)

Utility

Non-Residential

Residential

Capacity of Annual U.S. Grid-Tied PV Installations

Page 8: IREC's Annual Solar Market Trends Report

Wind

Natural Gas

PV

Coal

Other

2012 New U.S. Electricity Generation

Page 9: IREC's Annual Solar Market Trends Report

Times have Changed

35%

65%

2006

25%

68%

7%

2008

16%

31% 53%

2012

Residential

Non-Residential Utility

Page 10: IREC's Annual Solar Market Trends Report

Large systems are almost half of the capacity installed in 2012

0 200 400 600 800

1000 1200 1400 1600 1800 2000

> 5 MW - 61 installs < 5 MW - 94,500 installs

Page 11: IREC's Annual Solar Market Trends Report

2012 PV Installations by State

300 – 1000 MW

100 – 300 MW

10 – 100 MW

1 – 10 MW

U.S. Territories

< 1 MW

Page 12: IREC's Annual Solar Market Trends Report

Utility Sector

0 200 400 600 800

1000 1200 1400 1600 1800 2000

2008 2009 2010 2011 2012

MW

DC

Utility Annual Installed Capacity

AZ

CA

NV

NC

NJ

Other

By State

PG&E

CA

AZ

NV

NC

NJ

Other

By State & PG&E

Page 13: IREC's Annual Solar Market Trends Report

Non-Residential Sector

0

200

400

600

800

1000

1200

2008 2009 2010 2011 2012

Non-residential

CA

NJ MA

AZ

OH NY HI

Other

By State

Page 14: IREC's Annual Solar Market Trends Report

Residential Sector

0

100

200

300

400

500

600

2008 2009 2010 2011 2012

MW

DC

Residential Annual Installed Capacity

0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000

2008 2009 2010 2011 2012

Residential Number of Installations

CA

HI AZ

NJ

CO

NY

MA

Other

By State

0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0

2008 2009 2010 2011 2012

kW-d

c

Residential Average Size

Page 15: IREC's Annual Solar Market Trends Report

0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

MW

-dc

Cumulative U.S. Grid-tied Solar Electric Installations

Page 16: IREC's Annual Solar Market Trends Report

irecusa.org/publications

Page 17: IREC's Annual Solar Market Trends Report

THANKS to our generous sponsors for the 2013 3iForum and 3iAwards

Page 18: IREC's Annual Solar Market Trends Report

Thank you

Larry Sherwood [email protected]