solar energy technologies bi fibriefing · cumulative new u s solar installations from 2009 to 2016...

Solar Energy Technologies B i fiBriefing

Julia HammExecutive Director

S l El t i P A i tiSolar Electric Power Association

December 15, 2008

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About SEPA

“For businesses exploring solar as part of their portfolio, SEPA provides unmatched networkingprovides unmatched networking opportunities, forums for the exchange of ideas, and case gstudies of lessons learned.”

Jon Bertolino, Superintendent of pRenewable Generation Assets, Sacramento Municipal Utility Di t i t

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District

Solar Electric Technologies

• Two primary typesPhotovoltaics (PV) Concentrating Solar o o o a cs ( )

Power (CSP)

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Photovoltaics

• Two primary types commercially• Two primary types commercially available

– Crystalline SiliconCrystalline Silicon• Mono• Poly• Ribbon

Thin film– Thin film• Amorphous silicon (a-Si)• Cadmium telluride (CdTe)• Copper indium gallium (CIGS)• Copper indium diselenide (CIS)

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Concentrating Solar Power

• Two primary types commercially available

Concentrating PV (CPV)

Solar Thermal Electric

Compact linearHeliostat Tower Stirling Dish Parabolic Trough

Compact linear fresnel lens

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2007 PV Demand by Country

CONFIDENTIALSource: Solarbuzz.com

Solar Resource – Germany vs US

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US PV Demand by State

CONFIDENTIALSource: IREC

Historical US PV Installation Capacity

CONFIDENTIALSource: IREC

2016 US Installation ProjectionsPV and CSP

Cumulative New U S Solar Installations from 2009 to 2016 (MW)Cumulative New U.S. Solar Installations from 2009 to 2016 (MW)

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Notes:1. PV market converted from MWDC to MWAC using an 84% de-rate.2. Solar Water Heating market data converted from area to energy using a conversion factor of 0.7 m2/kWth.3. CSP is represented in MWAC.4. Data does not include solar installations prior to 2009. Source: Navigant

PV Cost Goals by 2015

Source: U.S. DOE Solar America Initiative PV Goals

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PV Levelized Cost of Energy Projections

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Source: Prometheus Institute

Grid Parity Today

• Currently PV is financiallyfinancially competitive where there is some combination of highcombination of high electricity prices, excellent sunshine and/or state/localand/or state/local incentives

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Grid Parity in 2015Moderate Electricity Price Increases

• Attractive in about 250 of 1,000 largest utilities whichutilities, which provide ~37% of U.S. residential electricity sales.

• 85% of sales (in85% of sales (in nearly 870 utilities) are projected to have a price difference of less than 5 ¢/kWh ¢between PV and grid electricity.

• In large areas, PV is cheaper than grid

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p gelectricity

Grid Parity in 2015Aggressive Electricity Price Increases

• Attractive in about 450 of 1,000 largest utilities,

% fwhich provide ~50% of U.S. residential electricity sales.

• 91% of sales (in nearly• 91% of sales (in nearly 950 utilities) are projected to have a price difference of less than 5 ¢/kWh between PV and grid electricity.

• In most high population areas PV is cheaper than

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areas, PV is cheaper than grid electricity

Thank you

Julia HammJulia HammExecutive DirectorSolar Electric Power AssociationSolar Electric Power Associationjhamm@solarelectricpower.org202-857-0898202 857 0898www.SolarElectricPower.org

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