The US Solar MarketThe US Solar Market › files › Resch.pdf• 14 state and regional chapters •...

25
The US Solar Market The US Solar Market Rhone Resch President President Solar Energy Industries Association www.seia.org

Transcript of The US Solar MarketThe US Solar Market › files › Resch.pdf• 14 state and regional chapters •...

  • The US Solar MarketThe US Solar Market

    Rhone ReschPresidentPresident

    Solar Energy Industries Association

    www.seia.org

  • Introduction to SEIA

    • National trade association for solar industry• 700 members include all solar technologies• Represent over +25,000 people employed by solar

    • Headquarters in Washington, D.C.• 14 state and regional chapters

    • Objectives• Expand Marketsp• Strengthen R&D• Remove Market Barriers• Improve Education and OutreachImprove Education and Outreach

    • Members include manufacturers, distributors, installers end users financial and legal entities

    www.seia.org

    installers, end users, financial and legal entities

  • PV: Residential Retrofit - 6 kW

    www.seia.org

  • PV: Moscone Center - SF CA - 675 kW

    www.seia.orgSource: SunPower

  • Solar Water Heating

    www.seia.org

  • CSP Dish System

    www.seia.org

  • CSP – Trough System

    www.seia.org

  • The Giant of Solar

    Incentive $0.48-70 kWh Incentive $0.14-20 kWh

    www.seia.orgSource: SEIA

  • Historic Growth in PV

    Installations ROWMW

    2500

    InstallationsU.S.A.ROA

    MW

    1500

    2000 ChinaIndiaJapan

    Global CAGR: 46%

    1000

    1500 JapanROEGreece

    500

    GreeceFranceItaly

    02000 2001 2002 2003 2004 2005 2006 2007

    SpainGermany

    www.seia.orgSource: PVNEWS

  • US Market Growth

    MW

    250

    300 From 2005-2006:• Grid connected

    up 55%• Total U S up

    259

    200

    250 • Total U.S. up 32%

    From 2006-2007:U.S. CAGR: 43%

    100

    150 • US Market up over 80%

    50

    100

    Off Grid0

    2000 2001 2002 2003 2004 2005 2006 2007( t )

    Grid Tied

    www.seia.org

    (est.)Source: PVNews

  • Electricity Generation in the U.S.

    63 96.2 0 51Solar is 1/8th of 1%

    28163 0.51

    Coal807.5 Nuclear

    Natural GasHydro

    1987

    yPetroleumNon-solar RenewableSolar1987787Solar

    In billion kilowatt hoursIn billion kilowatt hours

    www.seia.org

    Source: Energy Information Agency, Electric Power Monthly, released September 10, 2007

  • Why Solar? Why Now?

    • Energy IndependenceEnergy Independence– Displaces natural gas

    • Energy SecurityEnergy Security– Stabilizes grid by

    reducing peak power demand

    • Global Warming• Water Availability• Electricity Prices• US is Energy Hungry,

    High Tech Society

    www.seia.org

  • EPAct 2005

    First Residential Tax Credit in 20 Years• 30% capped at $2,000% pp $ ,• Only 2 years

    Expands CommercialExpands Commercial Credit• 30% no cap• 30%, no cap• Covers all equipment and

    installation costsinstallation costs• Only 2 years

    www.seia.org

  • Federal Energy Bill - 2007

    • Extends and Expands EPAct 2005 Tax Creditsp– Commercial Credit

    • Extended by 8 years• Provides AMT Relief• Provides AMT Relief• Removes the exemption on utilities

    – Residential• Extended by 6 years• Provides AMT Relief• Removes the $2 000 cap• Removes the $2,000 cap

    • Other Provisions– Extension of federal government PPA contract life

    (H d S t 9086)(House and Senate sec 9086)– Strategic Solar Reserve Program (SEC. 7304)– Federal Solar Hot Water Requirement (SEC. 270A)

    www.seia.org

    Federal Solar Hot Water Requirement (SEC. 270A)

  • Global PV Demand Projections

    ROWMW

    6000

    7000ROWU.S.A.ROAGlobal CAGR: 36.5%

    4000

    5000

    6000 ROAChinaIndia

    Global CAGR: 36.5%

    3000

    4000 IndiaJapanROE

    1000

    2000 GreeceFrance

    0

    000

    2006 2007 2008 2009 2010

    ItalySpain

    www.seia.org

    GermanySource: PVNEWS

  • US Market PV Demand Forecast

    MW 1,590 MW

    14001600

    10001200

    U.S. CAGR: 83%

    600800

    200400 Off Grid

    Grid Tied0

    200

    2006 2007 2008 2009 2010

    Grid Tied

    www.seia.orgSource: PVNews

  • Obstacles

    • Need Long-Term Federal• Need Long-Term Federal Incentives

    • Nation-wide Interconnection andNation wide Interconnection and Net-Metering

    • Solar Carve Outs in Renewable Portfolio Standards

    www.seia.org

  • Solar Community - Japan

    www.seia.org

  • Power and Shade - 1 MWWorld’s Largest PV Carport, US Navy

    www.seia.org

  • BIPV - The Netherlands

    www.seia.org

    Solar Skylights, The Netherlands

  • Roofing Structures - Germanyg y

    www.seia.org

  • FedEx - Oakland Hub, CA – 904 kW,

    www.seia.orgSource: SunPower

  • J&J Skillman, NJ – 505 kW

    www.seia.orgSource: SunPower

  • Bavaria Solar Park - 10 MW

    www.seia.orgSource: SunPower

  • Rhone Resch(202) 682-0556

    [email protected]

    WWW.SEIA.ORG

    www.seia.org

    WWW.SEIA.ORG