economics of photoelectricity - november 13 2012

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Send comments, corrections & su Cells highlighted in Yellow sign Cells highlighted in Green signi Base Notations: S = Source (See: Modifying Notations: Replaces th When faced with conflicting data Favorites Documentation IEA, TWh per Month Abbreviations System, Module & BOS ASPs - Y Notes Processing Costs, ASP, ETC. Reference Lists PE Price & Production History Sources - Long World Household Energy Prices Sources - Short List Solar Capacity by Country Websites 2012 Installations

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Page 1: Economics of Photoelectricity - November 13 2012

Send comments, corrections & suggestions to:

Cells highlighted in Yellow signify data that looks questionable and needs to be verified - also used for to dosCells highlighted in Green signify estimates based on graphs, charts and magicBase Notations: S = Source (See: Sources Long), N = Notes (See: Notes), W = Website (See: Websites), P = Pictures (Not catalogued)Modifying Notations: Replaces the "S" notation: A = Highly reliable source - typically company data, E = Projection/Estimate

When faced with conflicting data I try to pick the more reliable and/or most local source - For example, GSE data from Italy trumps data from the IEA

Favorites DocumentationIEA, TWh per Month AbbreviationsSystem, Module & BOS ASPs - Y NotesProcessing Costs, ASP, ETC. Reference ListsPE Price & Production History Sources - LongWorld Household Energy Prices Sources - Short ListSolar Capacity by Country Websites2012 Installations

Page 2: Economics of Photoelectricity - November 13 2012

Send comments, corrections & suggestions to:

Cells highlighted in Yellow signify data that looks questionable and needs to be verified - also used for to dosCells highlighted in Green signify estimates based on graphs, charts and magicBase Notations: S = Source (See: Sources Long), N = Notes (See: Notes), W = Website (See: Websites), P = Pictures (Not catalogued)Modifying Notations: Replaces the "S" notation: A = Highly reliable source - typically company data, E = Projection/Estimate

When faced with conflicting data I try to pick the more reliable and/or most local source - For example, GSE data from Italy trumps data from the IEA

Calculations FiT Schedules

http://photoelectricdreams.blogspot.com/

Assumption Sets, Coal Australia, Fit ScheduleAssumption Sets, Natural Gas China, FiT ScheduleAssumption Sets, Photoelectric France, FiT ScheduleInputs, Photoelectric Germany, FiT ScheduleInputs, Conventional Italy, FiT ScheduleResults & Calculation Japan, FiT Schedule

Ontario, FiT ScheduleSouth Korea, FiT ScheduleSwitzerland, FiT ScheduleTaiwan, FiT ScheduleUK, FiT ScheduleFiT Notes

Page 3: Economics of Photoelectricity - November 13 2012

Base Notations: S = Source (See: Sources Long), N = Notes (See: Notes), W = Website (See: Websites), P = Pictures (Not catalogued)Modifying Notations: Replaces the "S" notation: A = Highly reliable source - typically company data, E = Projection/Estimate

When faced with conflicting data I try to pick the more reliable and/or most local source - For example, GSE data from Italy trumps data from the IEA

System Prices Installation Statistics

Japan, Installation Stats

http://photoelectricdreams.blogspot.com/

Australia, System Prices 2011 InstallationsBelgium, System Prices 2012 InstallationsFrance, System Prices Australia Installation StatsGermany, System Prices Belgium, Installation StatsItaly, System Prices Denmark, Installation StatsSystem ASPs by Country France, Installation StatsSystem, Module & BOS ASPs Germany, Monthly InstallationsASP Graphs Greece, Installation Stats

Greece, Monthly StatsItaly, Installation Stats

U.K., Monthly InstallationsU.K., Weekly InstallationsSystem Types in EuropeEuropean PE Market SharesGermany PE Market SharesItaly PE Market Shares

Page 4: Economics of Photoelectricity - November 13 2012

Money Stuff Energy Statistics

US, TWh per Year

Current to Constant Dollars Australia,TWh per YearMonthly Exchange Rates California, TWh per YearQuarterly Exchange Rates Canada, TWh per YearAnnual Exchange Rates China, TWh per YearFinancing Notes Commodity Prices, MonthlyInfation Rates Commodity Prices, YearlyRisk Free Rate, Monthly Coal NotesRisk Free Rate, Yearly Commercial Electricity Use

Europe, NG PricesEurope, Electricity PricesEurope, Household Energy PricesGermany, Electricity PricesGermany, TWh per YearIEA, TWh per MonthIndustrial Electricity UseItaly, TWh per YearItaly, TWh per MonthHawaii, TWh per YearJapan, TWh per YearResidential Electricity UseUK, TWh per Year

World, TWh per YearWater Heating in GermanyWorld Electricity PricesWorld Household Energy Prices

Page 5: Economics of Photoelectricity - November 13 2012

Capacity by CountryComponents - Supply, Demand and Price Tracking

Biomass Capacity by Country Cell Prices by MonthGeothermal Capaicty by Country Cell Prices by Quarter & YearHydro Capacity by Country DigitimesNuclear Capacity by Country EnergyTrendPHS Capacity by Country Module Prices by MonthSolar Capacity by Country Module Prices by Quarter & YearThermal Capacity by Country Photon ConsultingWorld Wind Installs Poly Prices by MonthWind Capacity by Country Poly Prices by Quarter & YearWorld Capacity by Source Polysilicon Supply & DemandWorld Total Capacity by Country Processing Costs, ASP, ETC.

PE Price & Production HistoryPvinsightsPVX Price TrendWafer Prices by MonthWafer Prices by Quarter & Year

Page 6: Economics of Photoelectricity - November 13 2012

Et CeteraCapex NotesChampion EfficiencykWh per kWpLED InfoList of CountriesManufacturing PlantsModule Cost BreakdownRoof Area by CountryWafer DimensionsWatt per PieceSolar ProjectsSystem BreakdownsTransmission Projects

Page 7: Economics of Photoelectricity - November 13 2012

INSTRUCTIONS FOR INPUT PARAMETERS

Step Required Input Automatic Inputs1 X2 X3 X4 X5 X6 X7 X8 X9 X

10 X11 X

12 X13 X14 X

15 See Description X16 X171819 X20 X21 X22 X23 X24 X25 X26 X2728 X29 X30 X

31 See Description X32 X33 X34 X35 X

Input if Applicable

Default Suggested

Page 8: Economics of Photoelectricity - November 13 2012

DescriptionSystem Costs - See to "System, Module & BOS ASPs" for country specific reference valuesPer Year O&M Costs - See S1042 & W106 for reference valuesPer Year O&M Cost Inflation - No hard data on this parameter - 2% is a placeholder guessInsurance Costs - No hard data on this parameter - 1% is a placeholder guessGeneration per year per KWp - This value will vary widely from 800ish in the UK to 1500+ in desertsPerformance Degredation rate - Default .5%/year - See S939 for more informationReplace Inverter in Year - This is a guessReplacement Inverter Cost - This is a guessMonth/Year of InstallationSystem Life - 25 years is the base assumptionSelect Country - Used to Determine Suggested Inputs where Possible

Renumeration Rate Following Feed-in tariff contractLength of Feed-in tariff - Default is specific to Germany

Self Consmption KickerSelf Consumption Escalator - See W139Self Consumtiion Escalation Rate - If used the value should be between 0 and 1%.Electricity Rate - See "World Household Energy Prices" for reference valuesElectricity Inflation Rate - A placeholder guess is usedPercentage Financed - 95% is a reference value for GermanyLoan Loan termInterest rate on LoanGrace period (Interest Only) - this is a legacy input into the calculatorChoose Type of Depreciation Schedule if ApplicableDepreciable Percentage of Costs - In Germany you can depreciate 100% of your system. In Italy only 36%.Depreciation PeriodLinear Depreciation RateDeclining Balance Depreciation Rate

Reinvestment Rate (AKA: Return on Equity)Weighted Average Cost of Capital (WACC)Individual Tax Rate (<10 years)Individual Tax Rate (>10 years)

Feed-in tariff Rate - See FiT Schedules for reference values - Net Metered systems will use the average displaced cost of electricity here with a self-consumption rate of 100%

Self Consumption (Percentage) - CRITICAL INPUT - 30% is a Standard Default but systems can achieve lower or higher Self Consumption Rates

Discount Rate - POTENTIALLY A CRITICAL INPUT - an NREL Recommended Reference value for Residential Systems is used as a Default

Page 9: Economics of Photoelectricity - November 13 2012

Note

Page 10: Economics of Photoelectricity - November 13 2012

document.xls

Inputs, Photoelectric

Value

Step System Costs & Ratings1 Cost of Equipment 18002 O&M 103 O&M Inflation Rate 1%4 Insurance 1%5 Generation per year per KWp 9006 Performance Degredation Rate 0.50%7 Replace Inverter in Year 158 Replacement Inverter Cost 2009 Month/Year of Installation Oct-12

10 System Life 25Feed & Electricity Rates

11 Country Germany12 Feed-in tariff Rate 0.183613 Renumeration Rate Following Feed-in tariff contract 0.080014 Length of Feed-in tariff 2015 Self Consumption (Percentage) 30%16 Self Consumption Kicker 0.000017 Self Consumption Escalation YES18 Self Consumption Escalation Rate 0%19 Electricity Rate 0.262220 Electricity Inflation Rate 0.0%

Financing Terms & Depreciation21 Percentage Financed 95%22 Loan 1,71023 Loan term 1024 Interest rate 2.95%25 Grace period (Interest Only) 026 Choose Type of Depreciation Schedule (Dropdown Menu) Linear27 Depreciable Percentage of Costs 100%28 Depreciation Period (for linear/declining balance) 1029 Linear Depreciation Rate 10%30 Declining Balance Depreciation Rate 12.5%

Other31 Discount Rate 4.50%32 Reinvestment Rate (AKA: Return on Equity) 9.95%33 Risk Free Rate 3.6134 Individual Tax Rate (<10 years) 30%35 Individual Tax Rate (>10 years) 30%

Page 11: Economics of Photoelectricity - November 13 2012

document.xls

Inputs, Photoelectric

Source

Calculations€/kW S1041 Levelized Cost of Electricity (LCOE)€/kW S1042 & W106 Internal Rate of Return (IRR)p.a. Guess Modified Internal Rate of Return (MIRR)p.a. S1757 Net Present Value (NPV)kWh/kWp Simple Payback Period (SPP)p.a. S939 Time to Net Positive Cash Flow (TNP)years Guess€ Guess Suggested Inputs for Germany

Feed-in tariff Rateyears Electricity Rate

Depreciable Percentage

€/kWh See FiT Schedules Suggested Inputs for the U.K.€/kWh Guess Feed-in tariff Rate + Export Bonusyears See FiT Notes Self Consumption Kickerp.a. Electricity Rate€/kWh See FiT Schedules

W139 Suggested Inputs for the Italyp.a. 0 to 1% Recommended Feed-in tariff Rate€/kWh See Energy Prices Electricity Ratep.a. Guess Depreciable Percentage

%€yearsp.a. W94, S1073years

% N191years S1700p.a. S1700p.a. S1700

p.a. S971p.a.

p.a.p.a.

See kWh per kWp

Page 12: Economics of Photoelectricity - November 13 2012

document.xls

Inputs, Photoelectric

0.124917.74%14.03%

65210.3 years

12 years

0.1836 €/kWh See FiT Schedules0.2622 €/kWh100% %

0.2050 £/kWh See FiT Schedules0.1600 £/kWh N1860.1730 £/kWh

to do €/kWh See FiT Schedules0.1968 €/kWh

36% %

See Europe, Res. Electricity Prices

See Europe, Res. Electricity Prices

See Europe, Res. Electricity Prices

Page 13: Economics of Photoelectricity - November 13 2012

Results

Net Present Value (NPV) 652

Internal Rate of Return (Automatic Calculation) 17.7%

Levelized Electricity Cost (LEC) 0.1249

Simple Payback Index Value (estimate) 16

System Costs & Ratings

Cost of Equipment 1,800

Start-Up Costs 54

Downpayment (Equity) 90

O&M Costs 10

O&M Inflation Rate 1.0%

Generation in First Year 900

Prorata Factor for first/last year of output 0.088

Performance degredation rate 0.50%

Replace Inverter in Year 15

Replacement Inverter Cost 200

System Life 25

Month of Installation October

Year of Installation 2012

Feed & Electricity Rates

Feed-in tariff Rate 0.1836

Length of Feed-in tariff 20

Self Consumption (Total) 270

Self Consumption Kicker 0

Renumeration Rate Following Feed-in tariff contract 0.0800

Electricity Rate in First Year 0.262

Electricity Inflation Rate 0.0%

Loan

Initial Loan 1,710

Percentage Financed 95%

Length of Loan 10

Nominal Interest Rate 2.95%

Grace period 0

Annual Loan Payments 200

Depreciation

Type of Depreciation Linear

Values of Assets that can be Depreciated 1800

MACRS Class N/A

Depreciation Period 10

Linear Depreciation Rate 10%

Declining Balance Depreciation Rate 12.5%

MACRS Year 1 #N/A

MACRS Year 2 #N/A

MACRS Year 3 #N/A

MACRS Year 4 #N/A

MACRS Year 5 #N/A

MACRS Year 6 #N/A

Prorata Factor 0.088

Other

Discount Rate 4.5%

Reinvestment Rate (AKA: Return on Equity) 9.95%

Cost of Equity

Page 14: Economics of Photoelectricity - November 13 2012

Weighted Average Cost of Capital (WACC) 3.30%

Individual Tax Rate (<10 years) 30%

Individual Tax Rate (>10 years) 30%

Scratch

Beta 1%

CALCULATIONS

Generation per year

Annual Electricity Rates

FiT Revenues

FiT Revenues on Consumption

Post FiT Revenues

Annual Self-Consumption, Total

Annual Self-Consumption, Total - With Escalation

Self Consumption Revenues

Self Consumption Savings

Inverter Cost

O&M Costs

Annual Loan Payments

Interest on Loan

Remainder of Loan

Annual Income (Revenue - Expenses)

Modified Accelerated Cost Resovery System (MACRS)

Declining Balance Left to Depreciate

Declining Balance Depreciation

Linear Depreciation

Total Depreciation

Depreciation x Tax Rate

Taxable Cash Flow (EBIT?)

Taxes

Free Cash Flow

Present Value of Free Cash Flow

Top Part of Levelized Electricity Cost Equation

Bottom Part of Levelized Electricity Cost Equation

Levelized Electricity Cost

Internal Rate of Return Summation

Payback

Time to Net Payback

Future Value of Positive Cash Flows

Present Value of Negative Cash Flows

Page 15: Economics of Photoelectricity - November 13 2012

0 1 2 3 4 5 6 7

0 1 2 3 4 5 6 7

%

€/kWh

years

€/kWp/year

p.a.

kWh/kWp/year

%

p.a.

years

€/kWh

years

kWh/year

€/kWh

p.a.

years

p.a.

years

years

%

%

S1642

S1642

S1642

S1642

S1642

S1642

p.a.

Page 16: Economics of Photoelectricity - November 13 2012

p.a.

%

%

kWh/kWp 79 896 891 887 882 878 873

€/kWh 0.262 0.262 0.262 0.262 0.262 0.262 0.262

€ 10 115 114 113 112 112 111

0 0 0 0 0 0 0

€ 0 0 0 0 0 0 0

kWh/year 24 270 270 270 270 270 270

kWh/year 24 270 270 270 270 270 270

€ 0 0 0 0 0 0 0

€ 6 71 71 71 71 71 71

€ 0 0 0 0 0 0 0

€ 64 10 10 10 10 11 11

€ 18 200 200 200 200 200 200

€ 4 50 46 41 36 32 27

€ 1,710 1,697 1,547 1,393 1,234 1,070 902 728

€ -90 -71 -95 -96 -97 -98 -99 -100

0 0 0 0 0 0

0 0 0 0 0 0 0

€ 0 0 0 0 0 0 0

€ 16 180 180 180 180 180 180

€ 16 180 180 180 180 180 180

€ 5 54 54 54 54 54 54

€ -74 -125 -122 -118 -114 -111 -106

€ -22 -38 -37 -35 -34 -33 -32

€ -90 -43 13 11 9 7 5 3

€ -90 -41 12 10 8 6 4 2

€ 160 143 137 131 125 120 115

kWh 76 820 781 743 708 674 642

€/kWh 2.11 0.174 0.175 0.176 0.177 0.178 0.179

€ -90 -43 13 11 9 7 5 3

€ -90 -133 -120 -109 -99 -92 -87 -84

0 0 0 0 0 0 0

0 117 90 67 48 31 16

-90 -42 0 0 0 0 0 0

Page 17: Economics of Photoelectricity - November 13 2012

8 9 10 11 12 13 14 15 16

8 9 10 11 12 13 14 15 16

Page 18: Economics of Photoelectricity - November 13 2012

869 865 860 856 852 847 843 839 835

0.262 0.262 0.262 0.262 0.262 0.262 0.262 0.262 0.262

110 109 108 108 107 106 105 104 104

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

270 270 270 270 270 270 270 270 270

270 270 270 270 270 270 270 270 270

0 0 0 0 0 0 0 0 0

71 71 71 71 71 71 71 71 71

0 0 0 0 0 0 0 200 0

11 11 11 11 11 11 11 211 12

200 200 200 182 0 0 0 0 0

21 16 11 5.2 0 0 0 0 0

550 366 177 0 0 0 0 0 0

-101 -102 -103 -86 96 95 94 -107 92

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

180 180 180 164 0 0 0 0 0

180 180 180 164 0 0 0 0 0

54 54 54 49 0 0 0 0 0

-102 -98 -93 -73 96 95 94 -107 92

-31 -29 -28 -22 29 28 28 -32 28

1 -1 -4 7 138 137 136 -4 135

1 -1 -2 4 81 77 74 -2 67

110 105 101 89 7 6 6 109 6

611 582 554 527 502 478 455 434 413

0.180 0.181 0.182 0.168 0.013 0.013 0.013 0.252 0.014

1 -1 -4 7 138 137 136 -4 135

-83 -85 -89 -82 56 193 330 325 461

0 0 0 0 12 13 14 15 16

4 0 0 26 473 428 388 0 318

0 -1 -3 0 0 0 0 -3 0

Page 19: Economics of Photoelectricity - November 13 2012

17 18 19 20 21 22 23 24 25

17 18 19 20 21 22 23 24 25

Page 20: Economics of Photoelectricity - November 13 2012

831 826 822 818 814 810 806 802 798

0.262 0.262 0.262 0.262 0.262 0.262 0.262 0.262 0.262

103 102 101 101 91 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 4 43 43 43 42

270 270 270 270 270 270 270 270 270

270 270 270 270 270 270 270 270 270

0 0 0 0 0 0 0 0 0

71 71 71 71 71 71 71 71 71

0 0 0 0 0 0 0 0 0

12 12 12 12 12 12 12 13 13

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

91 90 89 89 83 31 30 30 30

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

91 90 89 89 83 31 30 30 30

27 27 27 27 25 9 9 9 9

135 134 133 133 129 92 92 92 91

64 61 58 55 51 35 33 32 30

6 5 5 5 5 5 5 4 4

393 374 356 339 323 308 293 279 266

0.014 0.014 0.015 0.015 0.015 0.015 0.015 0.016 0.016

135 134 133 133 129 92 92 92 91

595 729 863 996 1,124 1,217 1,309 1,401 1,492

17 18 19 20 21 22 23 24 25

288 260 236 213 188 123 111 101 91

0 0 0 0 0 0 0 0 0

Page 21: Economics of Photoelectricity - November 13 2012

26 27 28 29 30 31 32 33 34

26 0 0 0 0 0 0 0 0

Page 22: Economics of Photoelectricity - November 13 2012

724 0 0 0 0 0 0 0 0

0.262 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

41 0 0 0 0 0 0 0 0

217 0 0 0 0 0 0 0 0

217 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

57 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

13 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

28 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

28 0 0 0 0 0 0 0 0

8 0 0 0 0 0 0 0 0

76 0 0 0 0 0 0 0 0

24 0 0 0 0 0 0 0 0

4 0 0 0 0 0 0 0 0

231 0 0 0 0 0 0 0 0

0.018 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

76 0 0 0 0 0 0 0 0

1,568 0 0 0 0 0 0 0 0

26 0 0 0 0 0 0 0 0

69 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

Page 23: Economics of Photoelectricity - November 13 2012

35 36 37 38 39 40 41 42 43

0 0 0 0 0 0 0 0 0

Page 24: Economics of Photoelectricity - November 13 2012

0 0 0 0 0 0 0 0 0

0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

Page 25: Economics of Photoelectricity - November 13 2012

44 45 46 47 48 49 50 51 52

0 0 0 0 0 0 0 0 0

Page 26: Economics of Photoelectricity - November 13 2012

0 0 0 0 0 0 0 0 0

0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

Page 27: Economics of Photoelectricity - November 13 2012

53 54 55 56 57 58 59 60 61

0 0 0 0 0 0 0 0 0

Page 28: Economics of Photoelectricity - November 13 2012

0 0 0 0 0 0 0 0 0

0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

Page 29: Economics of Photoelectricity - November 13 2012

62 63 64 65 66 67 68 69 70

0 0 0 0 0 0 0 0 0

Page 30: Economics of Photoelectricity - November 13 2012

0 0 0 0 0 0 0 0 0

0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

Page 31: Economics of Photoelectricity - November 13 2012

71 72 73 74 75 76 77 78 79

0 0 0 0 0 0 0 0 0

Page 32: Economics of Photoelectricity - November 13 2012

0 0 0 0 0 0 0 0 0

0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

Page 33: Economics of Photoelectricity - November 13 2012

80 81 82 83 84 85 86 87 88

0 0 0 0 0 0 0 0 0

Page 34: Economics of Photoelectricity - November 13 2012

0 0 0 0 0 0 0 0 0

0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

Page 35: Economics of Photoelectricity - November 13 2012

89 90 91 92 93 94 95 96 97

0 0 0 0 0 0 0 0 0

Page 36: Economics of Photoelectricity - November 13 2012

0 0 0 0 0 0 0 0 0

0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

Page 37: Economics of Photoelectricity - November 13 2012

98 99 100

0 0 0

Page 38: Economics of Photoelectricity - November 13 2012

0 0 0

0.000 0.000 0.000

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0.000 0.000 0.000

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

Page 39: Economics of Photoelectricity - November 13 2012

System Costs & Ratings

Type of Plant Conventional NGCC

Cost of the Equipment 2197 $/kWe

Fuel Cost ($/Mbtu) 5.50 $/MBtu

Fuel Cost Inflation 2.5% p.a.

Heat Rate 6500 Btu/kWh

Fixed O&M Cost 50 $/kWe

Fixed O&M Inflation Rate 2.5% p.a.

Variable O&M (VOM) 3.00 $/MWh

Variable O&M Inflation Rate 2.5% p.a.

Capacity Factor 87% p.a.

Month/Year of Completion Oct-12

Month of Installation October

System Life 40 years

Decommisioning Costs

Generation per year per Kwe 7,621 kWh/kWe

Degredation Rate 0.05% p.a.

Emissions

NOx Emmisions Rate 0.009 lbs/MBtu

NOx Emmisions Cost $/ton

NOx Price 0.45 $/Mbtu

SOx Emmisions Rate lbs/MBtu

SOx Emmisions Cost $/ton

SOx Price 0.077 $/Mbtu

CO2 Emissions Rate 119 lbs/MBtu

CO2 Price $/ton

Financing Terms

Percentage Financed 60% %

Loan 1,318 $

Downpayment 879 $

Loan term 30 years

Interest rate 7.30% p.a.

Annual Loan Payments 109 p.a.

Depreciation

Choose Type of Depreciation Schedule: MACRS

Depreciation Period 30 years

Linear Depreciation Rate 3% p.a.

Declining Balance Depreciation Rate 12.5% p.a.

MACRS Class Mid-Fourth Quarter 5 Year MACRS

MACRS Year 1 5.0%

MACRS Year 2 38.0%

MACRS Year 3 22.8%

MACRS Year 4 13.7%

MACRS Year 5 10.9%

MACRS Year 6 9.6%

Prorata Factor 0.25

Taxes

Federal Tax Rate 35.00%

State Tax Rate 7.00%

Effective Tax Rate 39.55%

Discount Rate 4.50% p.a.

Reinvestment Rate (AKA: Return on Equity, Cost of Equity) 15.00% p.a.

Weighted Average Cost of Capital (WACC) 10.38%

After tax WACC 8.65%

Individual Tax Rate (<10 years) 30% p.a.

Individual Tax Rate (>10 years) 30% p.a.

Contract & Electricity Rates

Contract - Manual Input 0.2000 $/kWh

Electricity Rate - Manual Input 0.0500 $/kWh

Electricity Inflation Rate 3.0% p.a.

Page 40: Economics of Photoelectricity - November 13 2012

Generation per year kWh/kWp

Variable O&M Costs $

Fuel Costs $

Fixed O&M $

Annual Loan Payments $

Interest on Loan $

Remainder of Loan $

Annual Income (Revenue - Expenses) $

Modified Accelerated Cost Resovery System (MACRS)

Declining Balance Left to Depreciate

Declining Balance Depreciation $

Linear Depreciation $

Total Depreciation $

Depreciation x Tax Rate $

Taxable Cash Flow (EBIT?) $

Taxes $

Free Cash Flow $

Present Value of Free Cash Flow $

Top Part of Levelized Electricity Cost Equation $

Bottom Part of Levelized Electricity Cost Equation kWh

Levelized Electricity Cost $/kWh

Electricity Revenue $

Page 41: Economics of Photoelectricity - November 13 2012

WORK in PROGRESS

LCOE 0.0832

Overnight Cost 2197 S1137

Reference Size 1050 S1137

Efficiency 45% S1137

Investment Cost at 5% DR 2459 S1137

Investment Cost at 10% DR 2747 S1137

Decom Costs at 5% DR 0.09 S1137

Decom Costs at 10% DR 0.02 S1137

Fuel Costs 11.27 S1137

Carbon Costs 26.12 S1137

O&M Costs 14.04 S1137

LCOE at 5% DR 70.29 S1137

LCOE at 10% DR 87.41 S1137

=Loan Rate + 7%

Page 42: Economics of Photoelectricity - November 13 2012

0 1 2 3 4

0 1 2 3 4

7,621 1,905 7,617 7,614 7,610

6 23 24 25

68 279 286 293

50 51 53 54

109 109 109 109

96 95 94 93

1,318 1,305 1,291 1,276 1,259

-879 -20 248 247 246

110 835 501 301

0 0 0 0

0 0 0 0

0 0 0 0

110 835 501 301

33 250 150 90

-117 -573 -238 -38

-35 -172 -72 -11

-879 15 420 319 258

-879 14 384 279 216

1,033 195 282 328

1,823 6,975 6,672 6,381

0.566 0.028 0.042 0.051

95 381 381 380

Page 43: Economics of Photoelectricity - November 13 2012

5 6 7 8 9

5 6 7 8 9

7,606 7,602 7,598 7,595 7,591

25 26 26 27 28

300 307 315 323 331

55 57 58 59 61

109 109 109 109 109

92 91 89 88 86

1,242 1,223 1,203 1,181 1,158

246 245 244 243 242

240 210

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

240 210 0 0 0

72 63 0 0 0

23 53 264 265 266

7 16 79 79 80

239 229 165 164 163

192 176 121 115 109

335 335 374 365 356

6,103 5,838 5,583 5,340 5,108

0.055 0.057 0.067 0.068 0.070

380 380 380 380 380

Page 44: Economics of Photoelectricity - November 13 2012

10 11 12 13 14

10 11 12 13 14

7,587 7,583 7,579 7,576 7,572

28 29 30 31 31

339 347 356 364 373

62 64 66 67 69

109 109 109 109 109

85 83 81 79 76

1,133 1,106 1,078 1,047 1,014

241 241 240 239 238

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

266 267 268 270 271

80 80 81 81 81

162 160 159 158 157

104 99 94 89 85

347 339 330 322 315

4,885 4,673 4,469 4,275 4,089

0.071 0.072 0.074 0.075 0.077

379 379 379 379 379

Page 45: Economics of Photoelectricity - November 13 2012

15 16 17 18 19

15 16 17 18 19

7,568 7,564 7,560 7,557 7,553

32 33 34 34 35

382 392 401 411 421

71 72 74 76 78

109 109 109 109 109

74 71 69 66 62

978 940 899 856 809

237 236 235 234 233

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

272 274 276 278 280

82 82 83 83 84

155 154 152 151 149

80 76 72 68 65

307 300 293 286 279

3,911 3,740 3,577 3,422 3,273

0.079 0.080 0.082 0.084 0.085

378 378 378 378 378

Page 46: Economics of Photoelectricity - November 13 2012

20 21 22 23 24

20 21 22 23 24

7,549 7,545 7,542 7,538 7,534

36 37 38 39 40

431 442 453 464 475

80 82 84 86 88

109 109 109 109 109

59 55 51 47 43

758 704 646 584 517

232 231 230 229 227

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

282 285 288 291 294

85 85 86 87 88

147 145 143 141 139

61 58 54 51 48

272 266 260 254 248

3,130 2,994 2,864 2,739 2,620

0.087 0.089 0.091 0.093 0.095

377 377 377 377 377

Page 47: Economics of Photoelectricity - November 13 2012

25 26 27 28 29

25 26 27 28 29

7,530 7,527 7,523 7,519 7,515

41 42 43 44 45

487 499 511 524 536

90 93 95 97 100

109 109 109 109 109

38 32 27 21 14

445 368 286 197 102

226 225 224 223 221

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

298 302 306 311 316

89 91 92 93 95

137 134 132 129 126

46 43 40 38 35

242 237 231 226 221

2,506 2,396 2,292 2,192 2,097

0.097 0.099 0.101 0.103 0.105

377 376 376 376 376

Page 48: Economics of Photoelectricity - November 13 2012

30 31 32 33 34

30 31 32 33 34

7,511 7,508 7,504 7,500 7,496

46 47 48 50 51

550 563 577 591 605

102 105 108 110 113

109 109 0 0 0

7 0 0 0 0

0 -109 0 0 0

220 219 327 325 324

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

322 328 327 325 324

97 98 98 98 97

123 120 229 228 227

33 31 56 53 51

216 211 179 176 172

2,006 1,918 1,835 1,755 1,678

0.107 0.110 0.098 0.100 0.103

376 375 375 375 375

Page 49: Economics of Photoelectricity - November 13 2012

35 36 37 38 39

35 36 37 38 39

7,493 7,489 7,485 7,481 7,478

52 53 55 56 57

620 635 651 667 683

116 119 122 125 128

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

323 321 320 318 317

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

323 321 320 318 317

97 96 96 95 95

226 225 224 223 222

48 46 44 42 40

169 166 162 159 156

1,605 1,535 1,469 1,405 1,343

0.105 0.108 0.111 0.113 0.116

375 374 374 374 374

Page 50: Economics of Photoelectricity - November 13 2012

40 41 42 43 44

40 41 0 0 0

7,474 5,603 0 0 0

59 45 0 0 0

700 538 0 0 0

131 134 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

315 235 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

315 235 0 0 0

94 71 0 0 0

220 165 0 0 0

38 27 0 0 0

153 118 0 0 0

1,285 922 0 0 0

0.119 0.128 0.000 0.000 0.000

374 280 0 0 0

Page 51: Economics of Photoelectricity - November 13 2012

45 46 47 48 49

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0.000 0.000 0.000 0.000 0.000

0 0 0 0 0

Page 52: Economics of Photoelectricity - November 13 2012

50 51 52 53 54

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0.000 0.000 0.000 0.000 0.000

0 0 0 0 0

Page 53: Economics of Photoelectricity - November 13 2012

55 56 57 58 59

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0.000 0.000 0.000 0.000 0.000

0 0 0 0 0

Page 54: Economics of Photoelectricity - November 13 2012

60 61 62 63 64

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0.000 0.000 0.000 0.000 0.000

0 0 0 0 0

Page 55: Economics of Photoelectricity - November 13 2012

65 66 67 68 69

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0.000 0.000 0.000 0.000 0.000

0 0 0 0 0

Page 56: Economics of Photoelectricity - November 13 2012

70 71 72 73 74

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0.000 0.000 0.000 0.000 0.000

0 0 0 0 0

Page 57: Economics of Photoelectricity - November 13 2012

75 76 77 78 79

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0.000 0.000 0.000 0.000 0.000

0 0 0 0 0

Page 58: Economics of Photoelectricity - November 13 2012

80 81 82 83 84

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0.000 0.000 0.000 0.000 0.000

0 0 0 0 0

Page 59: Economics of Photoelectricity - November 13 2012

85 86 87 88 89

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0.000 0.000 0.000 0.000 0.000

0 0 0 0 0

Page 60: Economics of Photoelectricity - November 13 2012

90 91 92 93 94

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0.000 0.000 0.000 0.000 0.000

0 0 0 0 0

Page 61: Economics of Photoelectricity - November 13 2012

95 96 97 98 99

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0 0 0 0 0

0.000 0.000 0.000 0.000 0.000

0 0 0 0 0

Page 62: Economics of Photoelectricity - November 13 2012

100

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0.000

0

Page 63: Economics of Photoelectricity - November 13 2012

Dec-09 Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10

Poly (spot) USD/kg

Poly (contract) USD/kg

156 Multi Wafer (spot) USD/pcs

156 Multi Wafer (contract) USD/pcs

156 Mono Wafer (spot) USD/pcs

156 Mono Wafer (contract) USD/pcs

Cell (spot) USD/Watt 1.375 1.3 1.3 1.3 1.35 1.4 1.42

Cell (contract) USD/Watt

156 Multi Cell (spot) USD/pcs

156 Multi Cell (contract) USD/pcs

156 Mono Cell (spot) USD/pcs

156 Mono Cell (contract) USD/pcs

Module (spot) USD/Watt

Module (contract) USD/Watt

Thin Film Module (spot) USD/Watt

Thin Film Module (contract) USD/Watt

CPV (spot) USD/Watt

CPV (contract) USD/Watt

Inverter (spot) USD/Watt

Inverter (contract) USD/Watt

Source for Poly, Wafer, Cell and Module Prices S2028 S2028 S1793 S1793 S1794 S1794 S1794

Page 64: Economics of Photoelectricity - November 13 2012

Jul-10 Aug-10 Sep-10 Jan-26-2011 Feb-23-2011 Mar-02-2011 Apr-11 May-11-2011 May-25-2011 June-01-2011

69 74.6 74.6 75.25 67.45 57.5

3.577 3.657 3.68 3.12 2.685 2.303

3.73 3.848 3.858 3.401 2.978 2.687

1.43 1.43 1.42 1.188 1.249 1.27 1.096 0.957 0.888

4.799 5.046 5.131 4.428 3.866 3.587

5.146 5.41 5.501 4.146 3.847

1.406 1.353

1.09 1.055

2.303 2.303

0.257 0.244

S1795 S1795 S1795 WBM WBM WBM WBM S2487 P657

Page 65: Economics of Photoelectricity - November 13 2012

June-09-2011 June-16-2011 June-23-2011 June-30-2011 July-06-2011 July-13-2011 Jul-21-2011 Jul-28-2011

55.14 52.28 51.6 51.000 51.265 53.73 54.55 54.55

2.259 2.189 2.09 1.980 1.991 2.014 2.050 2.051

2.602 2.6 2.51 2.500 2.626 2.631 2.631 2.632

0.872 0.824 0.805 0.802 0.781 0.784 0.802 0.797

3.523 3.329 3.252 3.241 3.155 3 3.240 3.220

3.777 3.569 3.487 3.475 3.383 3.396 3.473 3.452

1.335 1.298 1.293 1.293 1.293 1.288 1.275 1.265

1.034 1.004 1.003 1.003 1.003 1.003 1.000 1.000

2.303 2.303 2.303 2.303 2.303 2.303 2.303 2.303

0.242 0.242 0.239 0.239 0.239 0.239 0.239 0.239

S2488 P646 P656 P655 P655 S2468 P640 P640

Page 66: Economics of Photoelectricity - November 13 2012

Aug-04-2011 Aug-10-2011 Aug-17-2011 Aug-24-2011 Aug-31-2011 Sep-07-2011 Sep-14-2011 Sep-21-2011

54.13 52.550 51.51 51.1 50.52 50.01 49.380 48.61

53.020

2.051 2.013 2.007 2.000 1.958 1.925 1.925 1.871

2.083

2.632 2.592 2.603 2.620 2.592 2.492 2.492 2.435

2.653

0.796 0.780 0.751 0.749 0.748 0.728 0.720 0.717

0.818

3.216 3.151 3.034 3.026 3.022 2.941 2.909 2.897

3.300

3.448 3.379 3.253 3.244 3.24 3.154 3.119 3.106

3.540

1.257 1.242 1.228 1.216 1.188 1.139 1.124 1.124

1.314

0.996 0.996 0.970 0.957 0.957 0.932 0.932 0.927

1.021

2.303 2.303 2.303 2.303 2.303 2.303 2.303 2.303

2.000

0.239 0.239 0.239 0.235 0.235 0.235 0.235 0.235

0.239

P641 S2467 P637 P638 P638 P645 S2446, P648, P649 P648

Page 67: Economics of Photoelectricity - November 13 2012

Sep-28-2011 Oct-05-2011 Oct-12-2011 Oct-19-2011 Oct-26-2011 Nov-04-2011 Nov-11-2011 Nov-16-2011

46.58 44.4 40.51 38.13 33.65 31.62 30.1 28.2

1.814 1.748 1.712 1.534 1.452 1.361 1.303 1.195

2.398 2.349 2.294 2.098 1.99 1.885 1.827 1.687

0.704 0.684 0.668 0.623 0.568 0.557 0.539 0.524

2.844 2.763 2.699 2.517 2.295 2.251 2.177 2.117

3.05 2.963 2.894 2.699 2.46 2.415 2.335 2.372

1.124 1.091 1.077 1.07 1.067 0.995 0.983 0.935

0.927 0.927 0.9 0.9 0.871 0.872 0.864 0.856

2.303 2.303 2.303 2.303 2.303 2.303 2.303 2.303

0.235 0.235 0.235 0.235 0.235 0.235 0.235 N/A

P647 P653 P652 P650 P651 P639 P639 S2470

Page 68: Economics of Photoelectricity - November 13 2012

Nov-23-2011 Nov-30-2011 Dec-07-2011 Dec-14-2011 Dec-22-2011 Dec-28-2011 Jan-04-2012 Jan-11-2012

25.85 25.56 24.56 23.98 23.79 24.21 25.1 27.06

1.183 1.161 1.131 1.119 1.12 1.14 1.142 1.148

1.65 1.609 1.585 1.57 1.57 1.57 1.568 1.559

0.519 0.518 0.511 0.511 0.505 0.505 0.505 0.512

2.097 2.093 2.064 2.064 2.040 2.040 2.040 2.068

2.349 2.345 2.313 2.313 2.286 2.286 2.286 2.318

0.924 0.913 0.881 0.861 0.861 0.861 0.851 0.851

0.852 0.852 0.838 0.829 0.829 0.829 0.8 0.8

2.303 2.303 2.303 2.303 2.303 2.303 2.303 2.3

N/A N/A 0.235 0.235 0.235 0.235 0.235 0.235

S2472 S2471 S2469 S2475 S2476 S2477 S2474 S2473

Page 69: Economics of Photoelectricity - November 13 2012

Jan-18-2012 Jan-25-2012 Feb-01-2012 Feb-09-2012 Feb-15-2012 Feb-22-2012 Feb-29-2012 Mar-07-2012

27.88 27.852 27.936 29.32 29.68 29.68 29.68 28.38

35.1 32.05

1.155 1.155 1.17 1.189 1.201 1.229 1.229 1.222

1.22 1.22

1.561 1.561 1.583 1.596 1.601 1.623 1.623 1.617

1.9 1.835

0.514 0.514 0.516 0.517 0.52 0.527 0.527 0.527

0.564

2.076 2.076 2.085 2.089 2.101 2.129 2.129 2.129

2.533 2.28

2.327 2.327 2.336 2.34 2.354 2.386 2.386 2.129

2.716 2.44

0.851 0.851 0.852 0.878 0.871 0.873 0.873 0.873

1 0.958

0.8 0.800 0.8 0.819 0.819 0.819 0.819 0.819

0.95 0.835

2.303 2.303 2.303 2.303 2.303 2.303 2.303 2.303

2 2

0.235 0.235 0.235 0.235 0.235 0.235 0.235 0.235

0.239 0.239

S1791 S1876 S1876 S1915 S1955 S2029 S2056 S2100

Page 70: Economics of Photoelectricity - November 13 2012

Mar-14-2012 Mar-21-2012 Mar-28-2012 Apr-05-2012 Apr-11-2012 Apr-18-2012 Apr-26-2012 May-02-2012

26.86 26.09 25.56 23.8 23.74 23.68 22.776 22.656

32.05 28.538

1.161 1.161 1.142 1.103 1.081 1.081 1.076 1.076

1.22 1.136

1.597 1.592 1.568 1.561 1.561 1.561 1.551 1.551

1.835 1.615

0.502 0.5 0.494 0.477 0.475 0.475 0.474 0.462

0.564 0.507

2.028 2.02 1.996 1.927 1.919 1.919 1.915 1.866

2.28 2.048

2.272 2.263 2.236 2.159 2.15 2.15 2.146 2.091

2.44 2.196

0.847 0.845 0.831 0.822 0.788 0.788 0.785 0.755

0.958 0.821

0.788 0.788 0.788 0.788 0.761 0.751 0.751 0.751

0.835 0.752

2.303 2.303 2.303 2.303 2.303 2.303 2.303 2.303

2 2

0.235 0.235 0.235 0.235 0.235 0.235 0.235 0.235

. 0.239 0.239

P654 S2172 S2177 S2182 S2478 S2241 P643 S2278

Page 71: Economics of Photoelectricity - November 13 2012

May-09-2012 May-16-2012 May-23-2012 May-30-2012 Jun-06-2012 Jun-13-2012 Jun-20-2012 Jun-27-2012

22.656 22.656 22.175 21.621 21.593 21.546 21.415 21.220

1.076 1.076 1.065 1.066 1.058 1.066 1.071 1.071

1.551 1.551 1.52 1.522 1.506 1.514 1.510 1.485

0.462 0.462 0.457 0.454 0.455 0.462 0.466 0.465

1.866 1.866 1.846 1.834 1.838 1.866 1.883 1.878

2.091 2.091 2.069 2.055 2.06 2.091 2.109 2.105

0.755 0.755 0.746 0.746 0.746 0.746 0.747 0.747

0.751 0.751 0.735 0.735 0.735 0.735 0.735 0.721

2.303 2.303 2.303 2.303 2.303 2.303 2.303 2.303

0.235 0.235 0.231 0.231 0.231 0.231 0.231 0.231

S2390 S2390 S2449 S2466 S2486 S2512 S2545 S2570

Page 72: Economics of Photoelectricity - November 13 2012

Jul-04-2012 Jul-11-2012 Jul-18-2012 Jul-25-2012 Aug-01-2012 Aug-08-2012 Aug-15-2012 Aug-22-2012

21.070 21.045 20.885 20.835 20.665 20.607 20.557 20.475

26.296

1.064 1.064 1.062 1.053 1.04 1.04 1.039 1.027

1.070

1.475 1.47 1.466 1.442 1.423 1.403 1.375 1.358

1.480

0.463 0.463 0.458 0.455 0.431 0.426 0.426 0.425

0.471

1.87 1.87 1.85 1.838 1.741 1.721 1.721 1.717

1.900

2.096 2.096 2.073 2.06 1.951 1.928 2.005 1.924

2.130

0.745 0.745 0.744 0.743 0.741 0.736 0.704 0.704

0.757

0.721 0.721 0.712 0.712 0.698 0.698 0.686 0.686

0.718

2.303 2.303 2.303 2.303 2.303 2.303 2.303 2.303

2.000

0.231 0.231 0.231 0.231 0.231 0.231 0.231 0.224

0.239

S2570 S2633 S2632 S2636 S2645 S2683 S2697 S2697

Page 73: Economics of Photoelectricity - November 13 2012

Aug-29-2012 Sep-05-2012 Sep-12-2012 Sep-19-2012 Sep-26-2012 Oct-03-2012 Oct-10-2012

20.128 20.093 19.555 19.042 18.77 18.730 18.71

26.296

1.024 1.02 0.99 0.958 0.954 0.953 0.945

1.070

1.321 1.298 1.268 1.203 1.195 1.187 1.187

1.480

0.417 0.415 0.392 0.385 0.376 0.376 0.371

0.471

1.685 1.677 1.584 1.555 1.519 1.519 1.499

1.900

1.888 1.878 1.774 1.743 1.702 1.702 1.679

2.130

0.689 0.689 0.687 0.674 0.672 0.670 0.67

0.757

0.68 0.68 0.68 0.68 0.669 0.669 0.669

0.718

2.303 2.303 2.303 2.303 2.303 2.303 2.303

2.000

0.224 0.224 0.224 0.224 0.224 0.219 0.219

0.239

S2704 S2709 S2746 S2779 S2810 S1124 S2840

Page 74: Economics of Photoelectricity - November 13 2012

Oct-17-2012 Oct-24-2012 Oct-31-2012 Nov-07-2012

17.635 17.555 17.185 16.835

23.630

0.905 0.879 0.873 0.863

1.060

1.158 1.139 1.124 1.119

1.416

0.365 0.364 0.361 0.36

0.421

1.475 1.47 1.458 1.454

1.700

1.652 1.648 1.634 1.63

1.910

0.663 0.663 0.662 0.662

0.723

0.669 0.669 0.657 0.657

0.701

2.303 2.303 2.303 2.303

2.000

0.219 0.219 0.219 0.213

0.239

S2873 S2891 S2903 S2997

Page 75: Economics of Photoelectricity - November 13 2012

Unit Ave Price Ave Price Ave Price

Spot Prices Date Jun-17-2009 Jun-24-2009 Jul-01-2009

Spot Polysilicon USD/kg 58.500 56.500 55.016

2nd Grade Polysilicon USD/kg N/A N/A N/A

156 Multi Wafer USD/pcs 3.200 3.150 3.092

156 Mono Wafer USD/pcs 3.680 3.630 3.584

125 Multi Wafer USD/pcs 1.900 1.870

125 Mono Wafer USD/pcs 2.180 2.160

Multi Cell Price USD/Watt 1.280 1.250 1.200

156 Multi Cell USD/pcs 4.740 4.620

156 Mono Cell USD/pcs 5.120 5.000

125 Multi Cell USD/pcs 2.880 2.820

125 Mono Cell USD/pcs 3.220 3.120

Silicon Module USD/Watt 1.920 1.890 1.840

Thin Film Module USD/Watt 1.050 1.040

Source S2354 S2354 S2318

There may be a poly pricing discontinuity between June/July - May have missed one data point

Page 76: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Jul-08-2009 Jul-15-2009 Jul-22-2009 Jul-29-2009 Aug-05-2009

54.448 54.543 55.962 56.530 56.530

N/A N/A N/A N/A N/A

3.092 3.155 3.176 3.165 3.217

3.584 3.584 3.636 3.657 3.657

1.200 1.241 1.331 1.379 1.383

1.831 1.862 1.959 2.009 2.009

S2318 S2318 S2318 S2318 S2318

Page 77: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Aug-12-2009 Aug-19-2009 Aug-26-2009 Sep-02-2009 Sep-09-2009

57.003 62.019 62.587 62.492 62.500

N/A N/A N/A N/A N/A

3.301 3.343 3.343 3.343 3.333

3.709 3.793 3.824 3.824 3.824

1.383 1.383 1.383 1.331 1.321

2.012 2.009 2.009 1.978 1.978

S2318 S2318 S2318 S2318 S2318, S2427

Page 78: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Sep-16-2009 Sep-23-2009 Sep-30-2009 Oct-07-2009 Oct-14-2009

61.500 61.451 61.546 60.032 59.464

N/A N/A N/A N/A N/A

3.333 3.333 3.280 3.270 3.259

3.814 3.814 3.814 3.762 3.751

1.310 1.303 1.303 1.283 1.272

4.860

5.240

2.940

3.300

1.970 1.958 1.958 1.950 1.950

1.290

S2318, S2427 S2318 S2318 S2318 S2318

Page 79: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Oct-21-2009 Oct-28-2009 Nov-04-2009 Nov-11-2009 Nov-18-2009

58.991 59.085 58.044 57.476 55.962

N/A N/A N/A N/A N/A

3.259 3.249 3.238 3.197 3.197

3.688 3.657 3.647 3.500 3.448

1.262 1.262 1.262 1.262 1.252

1.952 1.952 1.910 1.901 1.879

S2318 S2318 S2318 S2318 S2318

Page 80: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Nov-25-2009 Dec-02-2009 Dec-09-2009 Dec-16-2009 Dec-23-2009

55.962 55.489 55.016 55.016 55.016

N/A N/A N/A N/A N/A

3.176 3.165 3.165 3.176 3.176

3.437 3.437 3.427 3.427 3.427

1.252 1.252 1.252 1.252 1.252

1.879 1.870 1.870 1.870 1.870

S2318 S2318 S2318 S2318 S2318

Page 81: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Dec-30-2009 Jan-06-2010 Jan-13-2010 Jan-20-2010 Jan-27-2010

54.921 54.921 54.921 54.921 54.921

N/A N/A N/A N/A N/A

3.165 3.165 3.170 3.180 3.190

3.427 3.416 3.420 3.430 3.440

1.800 1.810 1.820

1.920 1.930 1.940

1.252 1.252 1.252 1.252 1.252

1.870 1.870 1.870 1.870 1.859

S2318 S2318 S2318, S2455 S2318, S2426, S2455 S2318, S2426

Page 82: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Feb-03-2010 Feb-10-2010 Feb-17-2010 Feb-24-2010 Mar-03-2010

54.921 55.016 54.448 54.543 56.057

N/A N/A N/A N/A N/A

3.249 3.259 3.250 3.270 3.385

3.500 3.510 3.500 3.520 3.605

1.840 1.850

1.950 1.960

1.252 1.252 1.241 1.231 1.252

1.861 1.848 1.839 1.830 1.830

S2318 S2318 S2318, S2455 S2318, S2455 S2318

Page 83: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Mar-10-2010 Mar-17-2010 Mar-24-2010 Mar-31-2010 Apr-07-2010

56.000 55.500 55.000 54.500 53.975

N/A N/A N/A N/A N/A

3.380 3.390 3.400 3.400 3.448

3.630 3.640 3.650 3.650 3.709

1.920 1.930 1.940 1.940

2.030 2.030 2.030 2.030

1.280 1.290 1.300 1.310 1.340

4.780 4.820 4.940 4.900 5.020

5.160 5.200 5.320 5.280 5.400

2.900 2.920 2.980 2.960 3.020

3.220 3.260 3.360 3.320 3.400

1.800 1.790 1.780 1.770 1.770

1.340 1.330 1.330 1.330

P636 P636 S2353 S2353 S2318, S2457

Page 84: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Apr-14-2010 Apr-21-2010 Apr-28-2010 May-05-2010 May-12-2010

54.448 54.500 54.500 54.921 55.110

N/A N/A N/A N/A N/A

3.490 3.480 3.450 3.427 3.427

3.741 3.730 3.700 3.667 3.667

1.980 1.960

2.090 2.070

1.350 1.350 1.350 1.331 1.331

5.060 5.060 5.060

5.440 5.440 5.440

3.060 3.060 3.060

3.440 3.440 3.440

1.779 1.780 1.780 1.770 1.759

1.340 1.340

S2318, S2457 S2352 S2352 S2318 S2318

Page 85: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

May-19-2010 May-26-2010 Jun-02-2010 Jun-09-2010 Jun-16-2010

55.110 55.100 55.300 55.489 55.584

N/A N/A N/A N/A N/A

3.406 3.390 3.450 3.458 3.458

3.647 3.630 3.650 3.657 3.667

1.920 1.960

2.020 2.040

1.321 1.310 1.310 1.330 1.331

4.900 4.900 4.980

5.280 5.280 5.360

2.960 2.960 3.000

3.320 3.320 3.360

1.748 1.740 1.740 1.739 1.730

1.320 1.320

S2318 S2351 S2351 S2318, S2462 S2318

Page 86: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Jun-23-2010 Jun-30-2010 Jul-07-2010 Jul-14-2010 Jul-21-2010

55.700 55.800 56.000 56.057 56.500

N/A N/A N/A N/A N/A

3.460 3.470 3.480 3.480 3.500

3.660 3.660 3.670 3.670 3.700

1.960 1.960 1.970 1.970 1.980

2.050 2.050 2.050 2.050 2.070

1.340 1.340 1.340 1.340 1.360

5.020 5.020 5.020 5.020 5.080

5.400 5.400 5.400 5.400 5.480

3.020 3.020 3.020 3.020 3.100

3.400 3.400 3.400 3.400 3.440

1.730 1.730 1.730 1.710 1.700

1.310 1.310 1.310 1.300 1.300

S2350 S2350 S2318, S2323, S2460 S2318, S2336, S2458 S2345

Page 87: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Jul-28-2010 Aug-04-2010 Aug-11-2010 Aug-18-2010 Aug-25-2010

56.530 56.530 56.530 56.600 56.600

N/A N/A N/A N/A N/A

3.510 3.510 3.500 3.520 3.520

3.710 3.710 3.700 3.700 3.720

1.990 1.990 1.980 1.990 1.990

2.080 2.080 2.070 2.070 2.090

1.360 1.360 1.360 1.370 1.372

5.120 5.120 5.120 5.160 5.220

5.520 5.520 5.520 5.560 5.620

3.150 3.150 3.150 3.170 3.170

3.500 3.500 3.500 3.520 3.520

1.700 1.700 1.700 1.700 1.700

1.300 1.300 1.300 1.310 1.310

S2349 S2349 S2318, S2339, S2459 S2344 S2344

Page 88: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Sep-01-2010 Sep-08-2010 Sep-15-2010 Sep-22-2010 Sep-29-2010

57.000 57.192 59.464 60.500 61.500

N/A N/A N/A N/A N/A

3.530 3.540 3.540 3.570 3.590

3.730 3.740 3.740 3.770 3.780

2.000 2.000 2.000 2.020 2.030

2.100 2.100 2.100 2.120 2.120

1.380 1.380 1.384 1.390 1.390

5.320 5.400 5.400 5.420 5.420

5.730 5.790 5.790 5.810 5.810

3.200 3.270 3.270 3.290 3.290

3.540 3.610 3.610 3.620 3.620

1.700 1.710 1.710 1.690 1.688

1.310 1.320 1.320 1.310 1.308

S2347 S2329, S2461 S2318, S2335, S2461 S2443 S2348

Page 89: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Oct-06-2010 Oct-13-2010 Oct-20-2010 Oct-27-2010 Nov-03-2010

61.300 62.500 65.000 64.800 69.998

N/A N/A N/A N/A N/A

3.600 3.680 3.700 3.720 3.750

3.790 3.880 3.900 3.920 3.950

2.040 2.090 2.100 2.120 2.140

2.120 2.180 2.190 2.190 2.220

1.390 1.400 1.400 1.416 1.420

5.420 5.460 5.460 5.520 5.540

5.810 5.850 5.850 5.920 5.930

3.290 3.320 3.350 3.360

3.620 3.640 3.690 3.690

1.688 1.700 1.700 1.730 1.750

1.308 1.310 1.310 1.330 1.350

S2348 S2338, S2424 P635 P635 S2342

Page 90: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Nov-10-2010 Nov-17-2010 Nov-24-2010 Dec-01-2010 Dec-08-2010

72.000 79.905 78.013 76.972 76.782

N/A N/A N/A N/A N/A

3.770 3.830 3.830 3.824 3.803

3.970 4.030 4.030 4.023 4.002

2.160 2.170 2.170

2.230 2.260 2.260

1.420 1.420 1.410 1.400 1.383

5.540

5.930

3.360

3.690

1.770 1.769 1.749 1.738 1.730

1.370 1.370 1.370

S2342 S2318, S2331 S2318, S2331 S2318, S2324 S2318, S2324

Page 91: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Dec-15-2010 Dec-22-2010 Dec-29-2010 Jan-05-2011 Jan-12-2011

76.755 75.000 72.000 71.000 68.000

N/A N/A N/A N/A N/A

3.792 3.620 3.600 3.580 3.530

3.992 3.820 3.800 3.780 3.730

2.155 2.060 2.040 2.020 2.010

2.226 2.140 2.130 2.130 2.080

1.361 1.220 1.200 1.195 1.180

4.720 4.700 4.640

5.030 5.010 4.950

2.880 2.870 2.840

3.170 3.150 3.110

1.724 1.630 1.600 1.590 1.570

1.359 1.320 1.300 1.300 1.290

S2318, S2340 S2318, S2340 S2445 S2442 S2442

Page 92: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Jan-19-2011 Jan-26-2011 Feb-02-2011 Feb-09-2011 Feb-16-2011

67.500 67.000 70.000 71.000 71.500

N/A N/A N/A N/A N/A

3.520 3.510 3.590 3.600 3.600

3.720 3.710 3.790 3.800 3.800

2.010 2.000 2.030 2.040 2.040

2.080 2.070 2.120 2.120 2.120

1.178 1.175 1.200 1.202 1.202

4.640 4.630 4.740 4.750 4.750

4.940 4.920 5.030 5.050 5.050

2.830 2.820 2.880 2.880 2.880

3.100 3.100 3.170 3.180 3.180

1.565 1.555 1.600 1.600 1.600

1.290 1.280 1.280 1.300 1.300

S2346 S2346 S2443 S2443 S2444

Page 93: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Feb-23-2011 Mar-02-2011 Mar-09-2011 Mar-16-2011 Mar-23-2011

72.000 78.000 79.000 79.000 79.000

N/A N/A N/A N/A N/A

3.610 3.700 3.705 3.705 3.680

3.810 3.920 3.925 3.925 3.900

2.040 2.100 2.100 2.080 2.090

2.130 2.200 2.200 2.200 2.090

1.205 1.220 1.220 1.215 1.200

4.760 4.800 4.800 4.780 4.750

5.180 5.310 5.360 5.310 5.270

2.890 2.920 2.920 2.920 2.900

3.180 3.230 3.280 3.270 3.240

1.602 1.610 1.610 1.600 1.580

1.300 1.310 1.310 1.310 1.290

S2437 S2437 S2447 S2448 S2439

Page 94: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Mar-30-2011 Apr-06-2011 Apr-13-2011 Apr-20-2011 Apr-27-2011

79.000 78.500 78.000 77.500 76.500

N/A N/A N/A N/A N/A

3.520 3.500 3.480 3.350 3.200

3.720 3.700 3.680 3.550 3.400

2.010 2.000 1.980 1.900 1.820

2.080 2.070 2.050 1.990 1.900

1.170 1.155 1.150 1.090 1.075

4.650 4.590 4.570 4.330 4.270

5.150 5.090 5.050 4.770 4.690

2.810 2.780 2.770 2.620 2.590

3.200 3.150 3.110 2.940 2.890

1.560 1.540 1.535 1.510 1.500

1.260 1.220 1.210 1.160 1.130

S2438 S2438 S2441 S2428 S2428

Page 95: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

May-04-2011 May-11-2011 May-18-2011 May-25-2011 Jun-01-2011

75.000 74.500 67.500 62.500 58.500

N/A N/A N/A N/A N/A

3.020 2.820 2.680 2.450 2.250

3.220 3.020 2.860 2.620 2.560

1.720 1.610 1.510 1.390 1.280

1.790 1.680 1.600 1.460 1.430

1.000 0.970 0.940 0.900 0.832

3.970 3.850 3.730 3.620 3.430

4.320 4.200 4.080 3.900 3.730

2.400 2.320 2.260 2.150 2.040

2.700 2.620 2.530 2.420 2.270

1.450 1.420 1.380 1.330 1.310

1.080 1.060 1.030 1.000 0.990

S2429 P626 S2454 S2419 S2417

Page 96: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Jun-08-2011 Jun-15-2011 Jun-22-2011 Jun-29-2011 Jul-06-2011

57.000 56.000 55.000 54.000 53.500

N/A N/A N/A N/A N/A

2.200 2.100 2.030 1.980 2.000

2.550 2.480 2.430 2.350 2.400

1.230 1.190 1.160 1.120 1.130

1.430 1.380 1.350 1.300 1.340

0.830 0.800 0.780 0.760 0.746

3.360 3.240 3.160 3.080 3.060

3.700 3.570 3.480 3.400 3.380

2.010 1.950 1.900 1.840 1.830

2.230 2.160 2.120 2.060 2.050

1.300 1.290 1.270 1.250 1.245

0.980 0.970 0.960 0.960 0.955

S2417 S2420 S2416 S2416 S2415

Page 97: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Jul-13-2011 Jul-20-2011 Jul-27-2011 Aug-03-2011 Aug-10-2011

53.500 53.500 53.600 52.500 52.400

N/A N/A N/A N/A N/A

2.050 2.045 2.035 2.010 2.010

2.520 2.540 2.520 2.500 2.650

1.170 1.400 1.375 1.350 1.135

1.410 1.420 1.405 1.390 1.480

0.745 0.740 0.735 0.730 0.730

3.020 2.990 2.970 2.950 2.950

3.340 3.320 3.320 3.300 3.300

1.800 1.760 1.750 1.730 1.730

2.010 1.990 1.990 1.970 1.970

1.240 1.230 1.225 1.210 1.205

0.950 0.940 0.935 0.930 0.930

S2415 S2421 S2306 S2306 S2414

0.925

Page 98: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Aug-17-2011 Aug-24-2011 Aug-31-2011 Sep-07-2011 Sep-14-2011

52.350 51.900 51.500 51.200 51.000

N/A N/A N/A N/A N/A

2.000 1.990 1.980 1.950 1.920

2.650 2.650 2.635 2.590 2.550

1.135 1.125 1.115 1.105 1.075

1.480 1.480 1.480 1.445 1.410

0.725 0.720 0.719 0.710 0.705

2.930 2.910 2.900 2.860 2.840

3.270 3.270 3.260 3.240 3.220

1.720 1.700 1.700 1.690 1.670

1.960 1.960 1.950 1.950 1.940

1.185 1.180 1.178 1.175 1.165

0.925 0.920 0.919 0.919 0.915

S2414 S2413 S2413 S2405 S2405

Page 99: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Sep-21-2011 Sep-28-2011 Oct-05-2011 Oct-12-2011 Oct-19-2011

49.000 48.800 44.000 42.500 39.500

N/A N/A N/A N/A N/A

1.870 1.825 1.720 1.630 1.530

2.400 2.370 2.200 2.080 2.000

1.055 1.025 0.975 0.905 0.850

1.345 1.330 1.220 1.160 1.115

0.700 0.695 0.660 0.620 0.580

2.830 2.810 2.660 2.500 2.330

3.220 3.170 3.020 2.800 2.680

1.660 1.650 1.580 1.480 1.380

1.940 1.910 1.810 1.690 1.600

1.145 1.135 1.120 1.118 1.090

0.900 0.895 0.880 0.879 0.860

S2412 S2411 S2411 S2410 S2410

Page 100: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Oct-26-2011 Nov-02-2011 Nov-09-2011 Nov-16-2011 Nov-23-2011

38.000 34.500 34.000 33.600 33.100

N/A N/A N/A N/A N/A

1.450 1.320 1.250 1.180 1.155

1.900 1.800 1.700 1.600 1.570

0.800 0.725 0.700 0.650 0.650

1.050 0.995 0.945 0.870 0.865

0.570 0.555 0.545 0.512 0.510

2.280 2.240 2.200 2.150 2.050

2.660 2.630 2.610 2.520 2.380

1.360 1.320 1.290 1.250 1.200

1.590 1.550 1.540 1.490 1.400

1.080 1.065 1.060 1.035 1.000

0.855 0.825 0.825 0.800 0.790

S2409 S2408 S2408 S2407 S2407

Page 101: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Nov-30-2011 Dec-07-2011 Dec-14-2011 Dec-21-2011 Dec-28-2011

32.200 31.750 29.100 28.600 29.200

N/A N/A 21.950 21.880 22.650

1.140 1.139 1.132 1.131 1.122

1.560 1.559 1.540 1.530 1.522

0.645 0.645 0.635 0.635 0.625

0.865 0.865 0.845 0.835 0.835

0.506 0.505 0.502 0.500 0.487

2.040 2.040 2.030 2.020 1.965

2.360 2.360 2.350 2.340 2.340

1.200 1.190 1.190 1.180 1.150

1.390 1.387 1.381 1.379 1.379

0.980 0.978 0.962 0.960 0.955

0.780 0.780 0.778 0.777 0.776

P634 S2434 S2298 S2431 S2433

Page 102: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Jan-04-2012 Jan-11-2012 Jan-18-2012 Jan-25-2012 Feb-01-2012

30.500 31.000 31.020 31.020 31.250

24.000 25.200 26.350 26.500 27.200

1.126 1.134 1.038 1.140 1.155

1.530 1.540 1.565 1.575 1.620

0.625 0.635 0.645 0.645 0.660

0.835 0.845 0.870 0.880 0.916

0.478 0.474 0.470 0.474 0.482

1.965 1.964 1.964 1.964 2.001

2.285 2.284 2.284 2.284 2.324

1.150 1.145 1.145 1.145 1.180

1.377 1.372 1.372 1.372 1.395

0.951 0.946 0.942 0.940 0.940

0.776 0.774 0.770 0.772 0.772

S2432 S2432 S2330, S2371 S2370, S2371 S2370

Page 103: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Feb-08-2012 Feb-15-2012 Feb-22-2012 Feb-29-2012 Mar-07-2012

31.750 31.750 31.750 31.740 30.700

27.750 27.770 27.770 27.750 26.800

1.206 1.240 1.246 1.246 1.240

1.708 1.760 1.763 1.763 1.750

0.689 0.704 0.708 0.708 0.704

0.965 0.996 0.998 0.998 0.990

0.499 0.500 0.500 0.500 0.499

2.078 2.080 2.080 2.080 2.076

2.442 2.472 2.472 2.472 2.462

1.220 1.228 1.228 1.228 1.228

1.472 1.490 1.490 1.490 1.484

0.940 0.939 0.938 0.936 0.928

0.772 0.772 0.771 0.770 0.768

S2340 S2372 S2372 S2373 P627, S2374

Page 104: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Mar-15-2012 Mar-21-2012 Mar-28-2012 Apr-04-2012 Apr-11-2012

28.400 25.850 26.300 25.750 24.700

25.000 22.450 22.950 22.600 21.850

1.223 1.190 1.155 1.114 1.092

1.715 1.680 1.645 1.590 1.568

0.695 0.683 0.662 N/A N/A

0.969 0.951 0.933 0.904 0.892

0.491 0.480 0.474 0.462 0.457

2.046 2.007 1.980 1.928 1.905

2.416 2.370 2.333 2.277 2.235

1.203 1.174 1.165 N/A N/A

1.455 1.423 1.400 1.367 1.342

0.909 0.903 0.901 0.885 0.870

0.762 0.760 0.758 0.751 0.745

S2375 P629 S2297, P629 S2453 S2451

Page 105: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Apr-18-2012 Apr-25-2012 May-02-2012 May-09-2012 May-16-2012

24.660 24.640 24.500 24.300 24.120

21.600 21.510 21.400 21.300 21.240

1.081 1.074 1.068 1.062 1.058

1.566 1.555 1.547 1.526 1.514

N/A N/A N/A N/A N/A

0.892 0.886 0.880 0.867 0.856

0.456 0.455 0.454 0.454 0.453

1.901 1.897 1.893 1.893 1.887

2.231 2.231 2.227 2.227 2.223

N/A N/A N/A N/A N/A

1.340 1.340 1.337 1.337 1.333

0.862 0.860 0.856 0.842 0.838

0.744 0.742 0.739 0.735 0.733

S2451 S2452 S2450 P628, S2354 S2354

Page 106: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

May-23-2012 May-30-2012 Jun-06-2012 Jun-13-2012 Jun-20-2012

24.120 24.080 23.950 23.800 23.620

21.240 21.170 20.980 20.820 20.680

1.061 1.068 1.068 1.064 1.064

1.516 1.520 1.520 1.513 1.513

N/A N/A N/A N/A N/A

0.858 0.860 0.860 0.856 0.856

0.465 0.473 0.473 0.471 0.470

1.941 1.975 1.975 1.965 1.961

2.302 2.338 2.338 2.330 2.330

N/A N/A N/A N/A N/A

1.381 1.403 1.401 1.397 1.397

0.837 0.831 0.824 0.825 0.820

0.733 0.732 0.727 0.725 0.724

S2404 S2494 S2494 S2512 S2544

Page 107: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Jun-27-2012 Jul-04-2012 Jul-11-2012 Jul-18-2012 Jul-25-2012

22.960 21.980 21.720 21.520 21.460

20.450 20.200 20.180 20.150 20.130

1.064 1.064 1.062 1.061 1.060

1.492 1.472 1.445 1.402 1.396

N/A N/A N/A N/A N/A

0.844 0.833 0.818 0.791 0.787

0.467 0.463 0.458 0.455 0.450

1.949 1.932 1.910 1.895 1.874

2.310 2.277 2.231 2.212 2.189

N/A N/A N/A N/A N/A

1.386 1.367 1.337 1.326 1.313

0.812 0.783 0.765 0.759 0.751

0.719 0.700 0.696 0.692 0.687

S2567 S2571 S2630 S2631 S2644

Page 108: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Aug-01-2012 Aug-08-2012 Aug-15-2012 Aug-22-2012 Aug-29-2012

21.360 21.030 20.760 20.580 20.420

20.110 20.030 19.800 19.660 19.530

1.055 1.048 1.040 1.036 1.018

1.396 1.349 1.320 1.308 1.286

N/A N/A N/A N/A N/A

0.787 0.760 0.745 0.740 0.726

0.445 0.432 0.426 0.416 0.412

1.850 1.794 1.770 1.742 1.724

2.166 2.093 2.060 2.027 2.019

N/A N/A N/A N/A N/A

1.300 1.254 1.235 1.214 1.210

0.743 0.739 0.732 0.728 0.726

0.681 0.677 0.674 0.673 0.671

S2644 S2682 S2693 S2693 S2705

Page 109: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Sep-05-2012 Sep-12-2012 Sep-19-2012 Sep-26-2012 Oct-03-2012

20.180 20.120 19.850 19.660 19.650

19.100 18.990 18.500 18.000 17.980

1.003 0.999 0.961 0.938 0.932

1.254 1.248 1.210 1.178 1.172

N/A N/A N/A N/A N/A

0.708 0.702 0.687 0.666 0.660

0.405 0.403 0.391 0.386 0.375

1.693 1.683 1.642 1.625 1.586

1.991 1.975 1.922 1.893 1.866

N/A N/A N/A N/A N/A

1.196 1.186 1.154 1.132 1.115

0.723 0.721 0.706 0.692 0.688

0.669 0.668 0.656 0.643 0.642

S2710 S2745 S2778 S2809 S1113

Page 110: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Oct-10-2012 Oct-17-2012 Oct-24-2012 Oct-31-2012 Nov-07-2012

18.580 17.740 17.160 16.580 16.230

17.160 16.630 16.080 15.530 15.160

0.905 0.876 0.858 0.839 0.822

1.136 1.130 1.125 1.116 1.112

N/A N/A N/A N/A N/A

0.642 0.637 0.633 0.627 0.627

0.368 0.365 0.362 0.358 0.350

1.550 1.534 1.520 1.504 1.471

1.841 1.835 1.831 1.819 1.804

N/A N/A N/A N/A N/A

1.100 1.098 1.094 1.088 1.079

0.678 0.674 0.672 0.669 0.664

0.638 0.636 0.635 0.629 0.626

S2857 S2872 S2893 S2902 S2996

Page 111: Economics of Photoelectricity - November 13 2012

Year MW Growth Rate Source $/Watt

1954

1955 1500.00

1956 286.00

1957

1958

1959

1960 7 kW S2070

1961

1962

1963

1964

1965

1966

1967

1968

1969

1970 80 kW S2070

1971

1972

1973 15-30 kW N144 20.00

1974

1975 <150 kW S2069 30.00

1976 2 2 N143 25.00,22.21,18.28

1977 2.25 4.25 13% N143 20.00,12.39,11.26

1978 2.5 6.75 11% N143 15.00, 10-15.00

1979 4 10.75 60% N143 13.00

1980 6.5 17.25 63% N143 12.00

1981 7.75 25 19% N143 10.00

1982 12 37 55% N143 9.00

1983 20 57 67% N143 7.75, 5.23

1984 22 79 10% N143

1985 26 105 18% N143 6.50

1986 28 133 8% N143 5.00

1987 29 162 4% N143 4.00

1988 34 196 17% N143 3.75

1989 40 236 18% N143 4.25

1990 47 283 18% N143 4.75

1991 55 338 17% N143 4.50

1992 57.9-60 398 9% S385, N143 4.25

1993 60 458 0% N143 4.25

1994 70 528 17% N143 4.00

1995 80 608 14% N143 3.75

1996 89 697 11% N143 4.00

1997 126 823 42% N143 4.15

1998 153 976 21% N143 4.00

1999 201 1177 31% N143 3.50

2000 288 1465 43% N143 3.50

2001 393 1858 36% N143 2.65

2002 525 2383 34% N143 2.75

2003 690 3073 31% N143 2.65

2004 1000 4073 45% N143 2.90

2005 1575 5648 57% N143 3.03

2006 2000 7648 27% N143 3.39

2007 Q1

2007 Q2

2007 Q3 3.66

2007 Q4 3.85

2007 2700 10348 35% S798

2008 Q1 4.07

2008 Q2 4.17

2008 Q3 4.04

2008 Q4 3.37

2008 5950 16298 120% S1026 3.91

Cummulative Installed

F24
lak: Second point lists an early year price
F25
lak: Second and third points taken at the end of the year
Page 112: Economics of Photoelectricity - November 13 2012

2009 Q1 2.78

2009 Q2 2.66

2009 Q3 2.03

2009 Q4 1.95

2009 7300 23598 23% S1025 2.36

2010 Q1 1.81

2010 Q2 1.73

2010 Q3 1.75

2010 Q4 1.85

2010 18200 41798 149% S1666 1.79

2011 Q1 1.71

2011 Q2 1.55

2011 Q3 1.25

2011 Q4 1.1

2011 30000 71798 65% Guess 1.40

2012 Q1

2012 Q2

2012 Q3

2012 Q4

Page 113: Economics of Photoelectricity - November 13 2012

Source $/Watt* Source $/Watt** Source

S2066

in the Bell Video "mid-50s"

N144

N143, Maycock

N143, S2067, S2072

N143, S2067,S2069 10 S2264

N143, Maycock 9 S2264

N143, Maycock 8.5 S2264

N143, Maycock 8 S2264

N143, Maycock 7.6 S2264

N143, Maycock 7.2 S2264

N143, S2069 6 S2264

6.00 S2264, N153

N143, Maycock

N143, Maycock

N143, Maycock

N143, Maycock

N143, Maycock

N143, Maycock

N143, Maycock

N143, Maycock

N143, Maycock

N143, Maycock

N143, Maycock

N143, Maycock

N143, Maycock

N143, Maycock

N143, Maycock

N143, Maycock

S2120, Mints

S2120, Mints

S2120, Mints

S2120, Mints

S2120, Mints

S2120, Mints

S2119, GTM

S2119, GTM

3.50 S2120, Mints

S2119, GTM

S2119, GTM

S2119, GTM

S2119, GTM

Average 3.25 S2785, Mints

Page 114: Economics of Photoelectricity - November 13 2012

S2119, GTM 2.70

S2119, GTM 2.45 S2306, IMS

S2119, GTM 2.12 S2306, IMS

S2119, GTM 2.02 S2306, IMS

Average 2.32 Average 2.18 S2785, Mints

P614, GTM 1.85 S2306, IMS

P614, GTM 1.80 S2306, IMS

P614, GTM 1.86 S2306, IMS

P614, GTM 1.86 S2306, IMS

Average 1.85 Average 1.48 S2785, Mints

P614, GTM 1.76 S2306, IMS

P614, GTM 1.53 S2306, IMS

P614, GTM 1.17 S2306, IMS

P614, GTM 1.03 S2306, IMS

Average 1.37 Average 1.32 S2785, Mints

Page 115: Economics of Photoelectricity - November 13 2012

Country Quality Tier 1998

Polysilicon Production Costs

Daqo 2

GCL 1

Hankook Silicon

Hemlock 1

Korea Chemical

LDK China

M Setek

MEMC 1

Mitsubishi Materials

OCI

PV Crystalox

REC Norway

ReneSola China

SolarWorld Germany

Sumitomo Titanium

Taiwan Polysilicon

Tokuyama

Wacker 1

Woongjin Polysilicon

Wafer Processing

Industry Average

Chinese Industry Average

Canadian Solar China

Comtec China

GCL China

Green Energy Tech

Hanwha China

JA Solar China

Jinko China

LDK China

Motech China/Taiwan

PV Crystalox

REC Norway

ReneSola China

SAS

Solargiga

Solarworld Germany

SunPower US/Phillipines

Suntech China

Trina China

Wafer Works

Yingli China

Cell Processing

Industry Average

Chinese Industry Average

Canadian Solar China

China Sunenergy China

DelSolar China/Taiwan

E-Ton Solar

First Solar US

Gintech Taiwan

Hanwha China

JA Solar China

Jinko China

LDK China

Motech China/Taiwan

Neo Solar

Q-Cells Germany

REC Norway

Page 116: Economics of Photoelectricity - November 13 2012

ReneSola China

Solargiga

Solartech

SolarWorld Germany

SunPower US/Phillipines

Suntech China

Trina China

Yingli China

Module Processing

Industry Average

Chinese Industry Average

Canadian Solar China

China Sunergy China

Hanwha China

JA Solar China

Jinko China

LDK China

ReneSola China

Suntech China

Trina China

Yingli China

Total Non-Silicon Processing

Canadian Solar China Tier 1

Hanwha China

Jinko China

LDK China

ReneSola China

SunPower US/Phillipines Tier 1

Suntech* China Tier 1

Trina China Tier 1

Yingli China Tier 1

SG&A ($/Watt)

Canadian Solar China

China Sunergy China

First Solar US/Malaysia 1

LDK China

SunPower US/Phillipines

Suntech China

Trina China

Yingli China

Silicon Cost ($/Watt)

Canadian Solar China

GCL China

Hanwha China

Jinko China

LDK China

Renesola China

Suntech China

Trina China

Yingli China

Efficiency

Industry Average - Cells

Industry Average - Monocrystalline Modules

Industry Average - Multicrystalline Modules

Industry Average - CdTe

Industry Average - CIGS

Industry Average - Microcrystalline

Industry Average - a-Si (1-j)

Industry Average - a-Si (3-j)

Page 117: Economics of Photoelectricity - November 13 2012

Industry Average - Organic

Canadian Solar China

First Solar US/Malaysia 1

Hanwha Solar China

Jinko China

SunPower US/Phillipines

Suntech China

Trina China

Yingli China

Cell Total Cost ($/Watt)

Gintech Taiwan

Module Total Cost ($/Watt)

Canadian Solar China

First Solar US/Malaysia 1

Hanwha SolarOne China

Jinko China

ReneSola China Tier 2

SunPower US/Phillipines

Suntech China

Trina China

Yingli China

Polysilicon Production Cost ($/kg)

GCL - Production Cost China

RenaSola - Production Cost China

Daqo - Production cost

Polysilicon ASP ($/kg)

GCL China Tier 1

Wafer ASP ($/Watt)

GCL China

LDK China

REC Norway

ReneSola China

Suntech China

Cell ASP ($/Watt)

China Sunergy China

Gintech Taiwan

JA Solar China

Module ASP

Industry Average

Chinese Tier 1 Average

Canadian Solar China

China Sunergy China

First Solar US/Malaysia

Hanwha SolarOne China

JA Solar China

Jinko China

LDK China

REC Norway

ReneSola China

SunPower US/Phillipines

Suntech China

Trina China

Page 118: Economics of Photoelectricity - November 13 2012

Yingli China

Polysilicon Capacity

Tier 1 Capacity

Tier 2 Capacity

Tier 3 Capacity

Advanced Metal G US

Asia Silicon China

Calisolar US

Chisso Japan

Daqo China

Dow Corning US

GCL China

Hankook Silicon

Hanwha Korea

Hemlock US

Hoku Scientific US

KCC Korea

Korea Chemical

LDK China

LG Korea

Luoyang Sino-silicon China

LCY Chem Taiwan

MEMC US

Mitsubishi Japan

M Setek Japan

Nitol Chem Group

OCI Korea

PV Crystalox

Qatar Solar Tech Qatar

REC Norway

Renesola China

Sharp Japan

Sichuan Yongxiang China

Siliken Chemicals

SolarWorld Germany

Sumitomo Japan

Taiwan Polysilicon Taiwan

Tokuyama Japan

Wacker

Woongjin Polysilicon Korea

Yingli China

Total

Wafer Capacity

Au Optronics Taiwan ???

Bosch

Canadian Solar China

Chaori China

Comtec Solar China

Danen Taiwan ???

Daqo New Energy China

Eversol Taiwan

First Philec Solar

GCL China

GET Taiwan ???

Gigastorage Taiwan ???

Gintech Taiwan ???

Green Energy Technology (GET)

Guangyi Solar China

Hanwha SolarOne China

Huantai China

Hyundai

JA Solar China

Page 119: Economics of Photoelectricity - November 13 2012

Jinko China

LDK China Tier 1

Lightway China

MEMC US

Motech China/Taiwan

M. Seteck (AUO)

NeoSolar Power Taiwan ???

Nexolon

PV Crystalox

REC Norway

Renasola China

Sanyo (Panasonic) Japan Tier 1

SAS Taiwan

Schott

Sino-American

Solargiga China

SolarWorld Germany Tier 1

Sornid Hi Tech China

Sunneeg Solar China

SunPower US/Phillipines Tier 1

Suntech China Tier 1

Swiss Wafers

Tianwei Group China ???

Trina China Tier 1

Wafer Works

Winsun China

Yingli China Tier 1

Cell Capacity

Aide (Panjit Group) Taiwan

Big Sun Taiwan

Bosch Germany Tier 1

Canadian Solar China Tier 1

Chaori China

China Sunergy China

CPI Solar

DelSolar China/Taiwan

Eging PV China

E-Ton Taiwan

ET Solar China

Gintech Taiwan

Hanwha SolarOne China

Hareon/Schott China

Hyundai China

JA Solar China

Jetion China

Jinko China

Kyocera Japan Tier 1

LDK China

LG

Lightway China

Mitsubishi Japan

Mosel Vitelic Taiwan

Motech China/Taiwan

Neo Solar Power Taiwan

Ningbo Solar China

Q-cells Germany Tier 1

Photovoltech

Realforce China

REC Norway Tier 1

ReneSola China

Samsung

Sanyo (Panasonic) Japan Tier 1

SCG PV Tech China

Sharp Japan Tier 1

Page 120: Economics of Photoelectricity - November 13 2012

Solargiga

Solartech

SolarWorld Germany Tier 1

Solland

Sornid Hi Tech China

Sunneeg Solar China

SunPower US/Phillipines Tier 1

Sunrise Global Taiwan

Suntech China Tier 1

Sunways

Tainergy Taiwan

Tianwei Group China

Topcell Taiwan

Topray China

Trina China Tier 1

Unitech Taiwan

Yingli China Tier 1

Module Capacity

Aide (Panjit Group) Taiwan

AUO

Bosch (Aleo)

Canadian Solar China Tier 1

Centrosolar

Chaori China

China Sunergy China

CNPV Power China

Conergy

CPI Solar China

Daqo China

DelSolar Taiwan

Dongfang Magi China

Eging Solar China Tier 2

ET Solar China

First Solar US/Malaysia Tier 1

GD Solar China

Guangyi Solar China

Hanwha SolarOne China

Hareon Solar China Tier 2

Hyundai

Isofoton

JA Solar China

Jetion China

Jinko China

Kyocera Japan Tier 1

LDK China

LG

Lightway China

Mitsubishi Japan

Mosel Vitelic Taiwan

Moser Baer

Motech Taiwan

Ningbo Solar China

NSP Taiwan

Q-cells Germany

Realforce Power China

REC

Renesola China

Samsung

Sanyo (Panasonic) Japan Tier 1

SCG PV Tech China

Sharp Japan Tier 1

Solar-Fabrik

Solar Frontier Japan

Page 121: Economics of Photoelectricity - November 13 2012

Solaria Energia

Solargiga China

SolarWatt

SolarWorld US/Germany Tier1

Solon

Sornid Hi Tech China

Sovello

Sunneeg Solar China

SunPower US/Phillipines Tier 1

Sunrise Global Taiwan

Suntech China Tier 1

Tata BP

Tianwei Group Chinq

Topray China

Trina China Tier 1

Winsun China

Yingli China Tier 1

Total

Polysilicon Production

Tier 1 Production

Tier 2 Production

Tier 3 Production

AE Polysilicon

Asia Silicon

Daqo

Elkem

Emei Semiconductor

GCL China

Hemlock

Hoku

LDK China

Luoyang Zhonggui

MEMC US

Mitsubishi Materials Japan

M.Setek

Ningxia Yangguang

OCI

PV Crystallox

REC Norway

Renesola China

Shenzhen Nanbo

Sichuan Xinguang

Sichuan Yongxiang

SINO-SI

Sumimoto Titanium Japan

Tokuyama

Wacker

Wafer Production/Shipments

GCL China

Jinko China

LDK China

REC Norway

RenaSola China

Cell Production/Shipments

Antec

BP Solar (IN)

BP Solar (DE)

BP Solar (US)

Canadian Solar China

China Sunergy China

Page 122: Economics of Photoelectricity - November 13 2012

CEEG Nanjing PV (Same as China Sunergy???, See S2392)

DelSolar China/Taiwan

Deutsche Solar/Shell

Eging

Ersol

E-Ton

Evergreen US

Ever-Q

GE (AstroPower)

Gintech Taiwan

Global Solar

Hanwha China

Hareon China

Helios

Hitachi

Isofoton

JA Solar China

Jinko Solar China

Kaneka

Kyocera Japan

Kyungdong

LDK China

Microsol Intl.

Mitsubishi Japan

Mitsubishi HEL Japan

Motech China/Taiwan

Neo Solar Power

Photovoltech

Photowatt

Q-Cells Germany

REC Norway

Sanyo Japan

Scancell

Schott Solar (DE)

Schott Solar (US)

Sharp Japan

Hanwha China

Solarwatt

Solarworld Germany

Solterra

Sunpower US/Phillipines

Suntech China

Sunways

Topray

Trina China

United Solar Ovonics US

Wurth Solar

Yingli China

Module Production/Shipments

Aide Solar

Astroenergy

Canadian Solar China

China Sunergy China

Changzhou Eging PV

Daqo China

First Solar US/Malaysia

Hanwha SolarOne (Formerly: Solarfun) China

Hareon Solar China

Inventux Technologies

JA Solar China Tier 2

Jiawei SolarChina

Jinko China

Page 123: Economics of Photoelectricity - November 13 2012

Kaneka

Kyocera Japan

LDK China

Miasole

Motech China/Taiwan

Nexpower Technology

Q-Cells Germany

QS Solar

REC Norway

Renesola China

Sanyo Japan

Sharp Japan

Siliken

Solar Frontier Japan

SolarWorld Germany

Solibro

Suntech China

Sunpower US/Phillipines Tier 1

Tianwei SolarFilms

Tiawei New Energy

Trina China Tier 1

Trony

Yingli China

Net Income (millions)

Canadian Solar China Tier 1

China Sunergy China

First Solar US/Malaysia Tier 1

GCL-Poly China Tier 1

Hanwha SolarOne China

JA Solar China Tier 2

Jinko China

ReneSola China

SunPower US/Phillipines Tier 1

Suntech China Tier 1

Trina China Tier 1

Yingli China Tier 1

Capex

Hanwha SolarOne China

Total Debt

Canadian Solar China Tier 1

China Sunergy

Conergy

Daqo

First Solar

GET

Gintech

Hanwha

JA Solar China Tier 2

Jinko China Tier 2

LDK China

Motech

NeoSolar

REC

ReneSola China Tier 2

SolarWorld

Sunergy

SunPower US/French

Suntech China Tier 1

Trina China Tier 1

Yingli China Tier1

Page 124: Economics of Photoelectricity - November 13 2012

Debt/Capacity ($/Watt) - Intended for crude comparison only

Canadian Solar China Tier 1

China Sunergy China Tier 2

Conergy

Daqo

First Solar US Tier 1

GET

Gintech

Hanwha

JA Solar

Jinko China Tier 2

LDK

Motech

NeoSolar

REC

ReneSolar China Tier 2

SolarWorld

Sunergy

SunPower

Suntech China Tier 1

Trina China Tier 1

Yingli China Tier 1

S391 recommends a production cost weighting of 28% polysilicon manufacture, 26% wafers, 25% cells and 20% modules (numbers do not add to 100% due to rounding)

Page 125: Economics of Photoelectricity - November 13 2012

Source 1999 Source 2000 Source 2001 Source

Page 126: Economics of Photoelectricity - November 13 2012

8.49 S574 9.98 S574

Page 127: Economics of Photoelectricity - November 13 2012

7 S2291 8 S2291

9 S2291 12 S2291

21 S2291 25 S2291

Page 128: Economics of Photoelectricity - November 13 2012

3 S2291 8 S2291

18 S2291 26 S2291

2 S2291 2 S2291

10 S2291 18 S2291

5 S2291 8

42 S2291 54 S2291

12 S2291 14 S2291

4 S2291

14 S2291 14 S2291

17 S2291 19 S2291

10 S2291 16 S2291

4 S2291 5 S2291

50 S2291 75 S2291

3 S2291 4 S2291

Page 129: Economics of Photoelectricity - November 13 2012

2002 Source 2003 Source 2004 Source 2005

Page 130: Economics of Photoelectricity - November 13 2012

10.50 S574 11.68 S574 12.26 S574 13.03

12.80 S2394

12.50 S2394

7.60 S2394

10.00 S2394

N/A S2394

6.70 S2394

6.50 S2394

Page 131: Economics of Photoelectricity - November 13 2012

N/A S2394

14 - 15 S1847 14 - 15 S1847 15 - 16.5

2.94 S113 1.59

1.55

3.62 S162 3.92

2.77 S1897 3.01 S1897 3.42

3.45 S131 4.02

Page 132: Economics of Photoelectricity - November 13 2012

2.83 S160 3.49

7000 P426 7400 - 7700

1000

3800 S2263 3700 - 3800

2750 S2263 2800 - 2850

4800 P426 5000 - 5400

800 S2263 900

4800 P426 5200 - 5300

5000 P426 5000 - 5500

Page 133: Economics of Photoelectricity - November 13 2012

30 S2400 60 S2400 150

25

Page 134: Economics of Photoelectricity - November 13 2012

30 S2103 60 S2103 150

7 S2291 8

13 S2291 14 S2291 14 S2291 13

17 S2291 17 S2291 24 S2291 17

31 S2291 13 S2291 14 S2291 25

Page 135: Economics of Photoelectricity - November 13 2012

7

9 S2291 42 S2291 38 S2291 55

9 S2291 9 S2291 16 S2291 20

5 S2291 28

2 S2291 3 S2291 6 S2291 14

30 S2291 17 S2291 25 S2291 18

2 S2291 1 S2291 1

3 S2291 4 S2291 4 S2291 5

5

27 S2291 35 S2291 53 S2291 53

8 S2291 14 S2291 20 S2291 21

60 S2291 72 S2291 105 S2291 142

1 S2291 7

24 S2291 42 S2291 75 S2291 100

2 S2291 10 S2291 12

8 S2291 17 S2291 35 S2291 60

12

17 S2291 20 S2291 22 S2291 24

8 S2291 28 S2291 75 S2291 166

35 S2291 35 S2291 65 S2291 125

5 S2291 10

25 S2291 38 S2291 53 S2291 82

5 S2291 4 S2291 10 S2291 13

123 S2291 198 S2291 324 S2291 428

23

28 S2291 82

5 S2291 5 S2291 11 S2291 16

5

4 S2291 7 S2291 14 S2291 22

10

1 S162 2 S162 4

2 S113 6 S113 21

Page 136: Economics of Photoelectricity - November 13 2012

142

375

0 S2311 0 S2311 2 S2311 5

2 S155 26 S155 50

20

0.12 S131 6.8

5 S160 12

1.5 S1819 3.8

-6.5

0.1 S131 0.0 S131 3.3

Page 137: Economics of Photoelectricity - November 13 2012

Source 2006 Source 2007 - Q3 Source 2007 - Q4 Source

Page 138: Economics of Photoelectricity - November 13 2012

0.74 S1829

0.75 S1829

21.7/MW S1829

S574

Page 139: Economics of Photoelectricity - November 13 2012

10.60 S108

S1847 ???

S113 1.40 S113

2.88 S1829

2.27 ??? 2.29 S99

S153 2.16 S153

3.22 S2392

3.66 S2119 3.85 S2119

S162 3.97 S162

2.48 S126

S155 3.89 S155

S131 3.98 S131

15.5 mc-Si, 17 to 17.3 sc-Si (Q4)

Page 140: Economics of Photoelectricity - November 13 2012

S160 3.82 S160

S27, P426 6200 S1875

S1875 1000 S1875

S27, P426 3700 - 4400 P426, P425

S27, P426 2800-3150 P426, P425

S27, P426, P425 5500-6000 P426, P425

S2263 900 S2263

S27, P425 5400 P426

S27, P426 5500-6000 P426, P606

Page 141: Economics of Photoelectricity - November 13 2012

S2400 270 S2400 S2400 S2400

S2481 100 S2481

Page 142: Economics of Photoelectricity - November 13 2012

S2103 270 S2103

6200 S1849

S2291 8 S2291

S2291 14 S2291

S2291 12 S2291

S2291 26 S2291

46 S2392

Page 143: Economics of Photoelectricity - November 13 2012

S2291 60 S2291

20 S2291

S2291 51 S2291

S2291 40 S2291

S2291 33 S2291

S2291 13 S2291

15 S2291

S2291 22 S2291

15 S2291

S2291 3 S2291

S2291 5 S2291

S2291 5 S2291

S2291 61 S2291

25 S2291

S2291 30 S2291

S2291 180 S2291

13 S2291

S2291 15 S2291

S2291 111 S2291

S2291 12 S2291

S2291 110 S2291

S2291 20 S2291

S2291 24 S2291

S2291 253 S2291

S2291 155 S2291

S2291 28 S2291

S2291 83 S2291

S2291 13 S2291

S2291 434 S2291

25 S2291

8 S2291

12 S2291

S2291 63 S2291

S2291 158 S2291

S2291 30 S2291

S2291 15 S2291

S2291 28 S2291

2 S2291

S2291 35 S2291

S162 15 S162

S113 60 S113

30 S2262

Page 144: Economics of Photoelectricity - November 13 2012

S2996 180 S2262

102 S2262

253 S2262

155 S2262

S2996 435 S2262

S2311 16 S2311

90 S2262

S155 121 S155

S134 63 S134

S125, S131 27 S125, S131

S160 35 S182

S1819 -9.4 S1819

S1932 4.0 S1830

25.3 S2708

26.5 S1829

S1834 12.4 S1834

14.70 S2708

Page 145: Economics of Photoelectricity - November 13 2012

2007 Source 2008 - Q1 Source 2008 - Q2 Source 2008 - Q3

0.58 W106 0.56 W106 0.55

Page 146: Economics of Photoelectricity - November 13 2012

0.59 W106 0.56 W106 0.52

0.74 S1787 0.73 S1787 0.68

1.28 (Q4) S282 1.25 S1787 0.85 S918 1.13

0.30 S1829 0.19 S1829 0.20 S1829 12.7/MW

0.50 S1829 0.52 S1829 0.42 S1829 0.42

74.60 S1829 24.3/MW S1829 34.6/MW S1829 37.3/MW

Page 147: Economics of Photoelectricity - November 13 2012

10.60 S835 10.70 S97 10.70

20 (Q3) ???

S155 cell

S127

1.23 S108 1.17 S1829 1.18 S97 1.08

4.01

0.7 (-Wafers) ???

2.24 S129 2.22 S773, S99 2.44 S773, S99 2.48

1.48 S2367

2.30 S153

2.92 S2392

4.07 S2119 4.17 S2119 4.04

3.75 S162 4.00ish ???

3.63 S2392

2.45 S97 2.57 S97

4.06 S2367

3.72 S155 3.83 S1787 3.72 S1787 3.52

3.80 S131 3.95 S1787 4.03 S1787 4.09

14.9 mc-Si, 16.4 sc-Si

Pluto: Almost 17 mc-Si, Over 18

sc-Si

15.3 mc-Si, 16.6 Sc-Si

Page 148: Economics of Photoelectricity - November 13 2012

3.86 S160 4.11 S1787 4.20 S1787 4.04

1500 S1875

10000 P426, S2324

1000 S1875

3800 - 6700 P426, P425

3300 P425

6000 S2363

S1875 has different numbers than P426 and P425

700-1300 P426, P425

5400 P426

6500 P426

Page 149: Economics of Photoelectricity - November 13 2012

420 S99 580 S99 880 S99

Page 150: Economics of Photoelectricity - November 13 2012

540 S2400 540 S1855

308 S2481

Page 151: Economics of Photoelectricity - November 13 2012

540 S2103

150 S1857 200 S1857 250 S1857 300

42050 S2324

0 S2324

0 S2324

0 S2324

0 S2324

200 S2324

200 S2324

10000 S2324

0 S2324

0 S2324

500 S2324

6000 S2324

3150 S2324

0 S2324

0 S2324

0 S2324

0 S2324

6000 S2324

0 S2324

0 S2324

300 S2324

0 S2324

1300 S2324

5400 S2324

8100 S1849

233 S99 442 S99

70 S2392

Page 152: Economics of Photoelectricity - November 13 2012

83 S162 42 S1856 47 S98 58

2 S2392

200 S108, S147 79 S835 114 S117 137

132 S2262

Page 153: Economics of Photoelectricity - November 13 2012

207 S2262

176 S2262

389 S2262

42 S2367

165 S2262

363 S2262

44 S2313

170 S2262

364 S1853 ~110 S264

150 S107

76 S131 30 S1834 48 S94 66

143 S160 55 S95 68 S95

-0.7 S1829 19.0 S1829 10.5 S1829 11.1

158.4 S1830 46.6 S1832 69.7 S1832 99.3

42.9 S2708

9.2 S1829 12.8 S1829 28.6 S1829 21.4

52.2 S1818 55.9

35.7 S131 12.9 S1834 17.1 S1834

217.80 S2708

Page 154: Economics of Photoelectricity - November 13 2012

Source 2008 - Q4 Source 2008 Source 2009 - Q1 Source

82 S2389

W106 0.38 W106 0.38 W106

0.39 S772 0.36 S772

Page 155: Economics of Photoelectricity - November 13 2012

W106 0.37 W106 0.37 W106

S1787 1.23 S1787 0.66 S758

S789 0.97 S789 0.96 S1678

S1829

S1829

S1829

Page 156: Economics of Photoelectricity - November 13 2012

S835 10.80 S835 10.90 S835

S560 0.98 S835 1.08 Formula 0.93 S835

.66 (-Wafers) S758

61.40 S1844 48.00 S2239

S773 2.18 S773 1.54 S773

1.50 S2367

2.16 S772 1.27 S772

3.32 S2392

S2119 3.37 S2119 2.78 S2119

3.73 S1822 4.23 S1819

4.13 S2392

2.37 S1836

3.85 S2367

S1787 3.31 S1787 3.89 S1836 2.81 S758

S1787 3.51 S1787 3.92 S1836 2.66 S1875

Page 157: Economics of Photoelectricity - November 13 2012

S1787 3.19 S1787 3.88 S1875 2.62 S1875

56075 S2366

2542 S1844

19000 S1875

1000 S1875

3000 S1875

3700-8000 P426, S1875

2800 P426

5000 S2324

6300 S2363

700 P426

8400 P426

11900 S2324

Page 158: Economics of Photoelectricity - November 13 2012

1400 S1863

350 S1875

400 S1875 500 S1875

Page 159: Economics of Photoelectricity - November 13 2012

1000 S2400

350 S1875

400 S1875 500 S1875

716 S2481

Page 160: Economics of Photoelectricity - November 13 2012

1000 S2103

S1851 350 S1857 350 S1857 373 S1857

400 S1875 500 S1875

100 S2324

200 S2324

291 S2389

300 S2324

1850 S1844

19000 S2324

0 S2324

400 S2324

1000 S2324

8000 S2324

3450 S2324

3000 S2324

0 S2324

5000 S2324

0 S2324

6549 S1851

0 S2324

0 S2324

1000 S2324

300 S2324

1300 S2324

54000 S2324

11900 S1849

100 S2392

Page 161: Economics of Photoelectricity - November 13 2012

220 S2292

277 S2292

300 S2292

272 S2292

574 S2292

511 S2292

236 S2292

494 S2292

282 S2292

Formula 20 S1820 167 S1819 18 S1856

3 S2392

S560 174 S835 504 S1830 220 S835

172 S1858 36 S786

Page 162: Economics of Photoelectricity - November 13 2012

81 S2367

91 S2313

498 S1853 84 S1004

237 S1835

S1851 58 Formula 201 S789 49 S1852

58 S789 201 S789 58 ???

S1829 -50.0 Formula -9.4 S1819

-23.3 S2392

S1832 132.8 S1832 348.3 S1830 164.6 S1831

-54.9 S2708

S1829 -124.0 S1836

S1817 1.8 S1818

0.7 S1852 61.0 S1836 -10.6 S1852

96.0 S1836

363.70 S2708

Page 163: Economics of Photoelectricity - November 13 2012

2009 - Q2 Source 2009 - Q3 Source 2009 - Q4 Source 2009

44

0.34 W106 0.33 W106 0.32 W106 0.38

0.31 S922

0.40 ??? 0.36 S1766 0.34 S1766

0.23

Page 164: Economics of Photoelectricity - November 13 2012

0.35 W106 0.34 W106 0.33 W106

0.33

0.90 S919

0.89 S1845

0.60 S1815 0.56 S1810

0.85 S918 0.82 S918 0.78 S1544 0.83

0.37 S1845

15.00

14.00

11.00

12.00

8.50

8.30

6.70

Page 165: Economics of Photoelectricity - November 13 2012

3.50

10.90 S828 11.00 S882 11.00

15.6 mc-Si S1818 15.3 - 16.1

2.05* S1856

0.87 S828 0.85 S882 0.87

1.65* S1856

2.06* S1856

~.6 (-Wafers) S917 1.78* S1856

1.46* S1856

1.58* S1856

38.00 S2239 40.00 S2239 36.00 S2239 39.40

1.15 S837 0.83 S1765 0.83

1.18

0.93 S920 0.86 S920

1.36

2.21

2.66 S2119 2.03 S2119 1.95 S2119

1.93 S1822 2.13

1.87

1.72 S1856 1.71

2.66 S919 2.03 S1856 1.95 S1865

1.87 S1845 1.85

1.64 S1765

2.36

2.65 S1856

2.59 S844 2.20 S917 2.13 S1005 2.40

2.32 S1875 2.03 S1856 1.90 S1875 2.10

Page 166: Economics of Photoelectricity - November 13 2012

2.28 S1875 1.88 S1875 1.82 S1875 2.15

105750

7050

21660

10917

26000

6000

3000

10000

11000

13000

8200

18100

33615 S2295 134460

500

300

0

Page 167: Economics of Photoelectricity - November 13 2012

292

1800

825

400 S1875 450 S1875 500 S1875 500

500 S1875 600 S1875 600 S1875 600

420

540

150

Page 168: Economics of Photoelectricity - November 13 2012

572

1100

400 S1875 450 S1875 600 S1875 600

500 S1875 600 S1875 600 S1875 600

667 S1856

1219 S1856 1228

510 S1856

Page 169: Economics of Photoelectricity - November 13 2012

534 S1856

1140 S1856 1100

400 S1857 450 S1856 600 S1857 600

500 S1875 650 S1856

76423

6960

6558

100

200

1523

500

7454

17640

0

2964

3000

7764

3450

5119

500

9900

150

2125 S2290 7753

0

1000

1000

1000

2200

1300

8200

10377

340 S1765

247 S2290

182

Page 170: Economics of Photoelectricity - November 13 2012

350

400

390

360

540

580

390

595

430

8

48 S1856 103 S1820 141 S1827 310

8

290 S825 292 S882 311 Formula 1113

64 S919 103 S919 111 S1865 313

13 S1785 14

Page 171: Economics of Photoelectricity - November 13 2012

10 S922 23 S1765

39 S2290 116

595

59

43

127 S884 212 S917 280 S1004 704

110 S1856 390

64 S918 123 S918 163 Formula 399

100 S1776 170 S906 197 S979 525

-15.6 S1827 22.6

-10.3

180.6 S1831 153.3 S1832 141.6 S1832 640.1

2.1 S1845 12.3 S1785

-71.9

33.0

10.0 S1815 29.8 S1817 44.0 S1810 91.5

96.0

-78.0

580.40

Page 172: Economics of Photoelectricity - November 13 2012

Source 2010 - Q1 Source 2010 - Q2 Source 2010 - Q3 Source

S2389

42 S2353

W106 0.32 W106 0.30 W106 0.30 W106

0.42 S1844 0.31 S1844 0.31 S1844

0.36 S2324

0.31 S1765 0.31 S1765 0.33 S1765

0.28 S1766 0.26 S1766 0.25 S1766

W106

0.22 S2324

0.21 S1786 0.19 S1786 0.18 S1786

0.27 S1765

AW29
Source breaks out depreciation expenses
Page 173: Economics of Photoelectricity - November 13 2012

1.75 1.66 1.73

0.32 W106 0.31 W106 0.31 W106

W106

0.64 S1786 0.63 S1786 0.62 S1786

0.82 S2324

0.88 S1845 0.83 S1784 0.77 S1783

1.21 S1786 1.28 S1786 1.50 S1786

1.15 S1786 1.07 S1786 0.99 S1786

1.46 S1786 1.39 S1786 1.38 S1786

0.56 S1810 0.52 S1810 0.52 S1810

Formula 0.76 S1782 0.74 S1782 0.73 S1763

0.78 S1778 0.74 S1786 0.74 S1762

0.21 S1839 0.23 S1839 0.24 S1839

0.29 S1845 0.31 S1845 0.34 S1783

0.41 S1765 0.39 S1765 0.31 S1765

0.39 S1782 0.36 S1782 0.35 S1763

0.36 S1762

S2394

S2394

S2394

S2394

S2394

S2394

S2394

Page 174: Economics of Photoelectricity - November 13 2012

S2394

A2918 11.10 S1839 11.20 S1839 11.30 S1828

S2126, HiPerforma

1.00 S2294, cogs 1.09 S2294, cogs 1.12 S2294, cogs

S1838 0.81 S1786 0.76 S1786 0.77 S1786

1.16 P603

1.18 S1845 1.14 S1845 1.11 S1783

1.15 Formula 1.10 Formula 1.08 Formula

1.26 S2324

S1844 34.20 S1844 31.30 S1844 25.40 S1614

35.70 S1766

0.74 S1813 0.80 S1813 0.80 S1813

S1844 0.83 S1765 0.85 S1765 0.87 S1765

S2367

0.91 S2324

S2392 1.26 S2324

1.24 S2294 1.26 S2294 1.31 S2294

1

S1875 1.79 S1875 1.67 S1875

S1821 1.83 S1786 1.82 S1786 1.79 S1786

S2392

S1836 1.77 S1786 1.73 S1786 1.48 S1786

1.76 S1865

S1836 1.71 S1678 1.70 S1678 1.81 S1678

1.74 S1786 1.77 S1786 1.83 S1786

S2367

2.06 S1786 1.67 S1786 1.83 S1786

2.09 S1786 1.92 S1786 1.93 S1786

S1833 1.91 S1786 1.83 S1786 1.80 S1786

S1836 1.75 S1786 1.66 S1786 1.73 S1786

BA146
Production cost when using internal wafers
Page 175: Economics of Photoelectricity - November 13 2012

S1875 1.77 S1786 1.73 S1786 1.69 S1786

S2295 29438 S2295 31275 S2295 33338 S2295

S2295 1838 S2295 2075 S2295 2250 S2295

S2295 7815 S2295 8790 S2295 10840 S2295

S1844 4688 S1844 4875 S1844 5250 S1844

S2324

S1848, S2888

S1875

S1848

S2324

S2363

S1848

S2324

S2295 39090 S2295 42140 S2295 46428 S2295

S1808

S1808 400 S1859

S1808

Page 176: Economics of Photoelectricity - November 13 2012

S1808

S1863

S1808

S1875 600 S1875 700 S1875 700 S1782

S1808 600 S1875 600 S1875

S1808

680 S2294 720 S2294 810 S2294

S1808 500 S1859

S1808

120 S1765

Page 177: Economics of Photoelectricity - November 13 2012

S1808

S2400

S1808 750 S1875 850 S1875 700 S1782

S1808

S2481

900 S1859

Page 178: Economics of Photoelectricity - November 13 2012

S2103

S1857 750 S1875 850 S1875 950 S1782

S2295

S2295

S2295

S2324

S2324

S2389 973 S2239

S2324

S1844 3112 S2239 3919 S1813 5068 S1813

P608

S2324

P608 703 S1765 1196 S1765 1228 S1765

S2324

P608

S2324

P608

S2324

P608

S2324

S1850 2441 S2290 2474 S2290 2688 S2290

S2324 118 S2239 162 S2239 269 S2239

S2324

S2324

S2324

P608

S2324

S2324

P608

5 S1813 187 S1813 432 S1813

427 S1765 511 S1765 570 S1765

278 S2290 284 S2290 327 S2290

227 S2324 207 227

110 S2337

S2392

Page 179: Economics of Photoelectricity - November 13 2012

S2292 170 S2294 202 S2294 224 S2294

S2292

S2292

S2292

S2292

S2292

S2292

S2292

S2292

S1827 185 S1786 181 S1786 200 S1826

S2392

S1830 322 S1786 344 S1786 350 S1828

Formula 151 S1865 205 S1864 224 S1864

S1836 10 S1763 54 S1763 93 S1763

Page 180: Economics of Photoelectricity - November 13 2012

31 S1786 74 S1786 94 S1765

S2289 48 S2290 111 S2290 166 S2290

15 S2239 51 S2239 98 S2239

S2289

S2313

S2289

S1772 302 S1814 338 S1815 425 S1798

S1835 93 S1866 138 S1786 151 S1868, S1968

S1836 193 S1782 223 S1782 291 S1782

S1777 200 S1775, S1412, S 228 S1775 286 S1412

S1827 1.5 S1824 3.2 S1825 20.3 S1826

S2392

S1832 172.3 S1831 159.0 S1831 176.9 S1828

10.8 S1785 26.6 S1785 38.8 S1785

S2304

S1836

S1816 20.7 S1814 -174.9 S1815 33.1 1798.0

S1836

S1836

S2708

Page 181: Economics of Photoelectricity - November 13 2012

2010 - Q4 Source 2010 Source 2011 - Q1 Source 2011 - Q2

31 S2389

22 S2298 22

0.30 W106 0.30 W106 0.29 W106 0.33

.21 to .26

0.24 S1678 0.27 Formula 0.23 S1678 0.21

0.32 W106

0.22 W106

0.31 S1765 0.26 S1765 0.26

0.24 S1766 0.24 S1766 0.26

0.22

0.29 W106

0.21 W106

0.21 W106 0.26

.20 to .22

0.22

0.22 W106

0.18 W106

0.19 W106 0.18

0.17 W106

0.21 S1765 0.21 S1765 0.23

BH25
.26 in Processing cost, .07 in Depreciation
BH26
.24 in Processing cost, .07 in Depreciation
BH49
.23 in Processing, .03 in Depreciation
BH50
.18 in Processing cost, .04 in Depreciation
Page 182: Economics of Photoelectricity - November 13 2012

0.18 W106 0.18

0.20 W106

0.17 W106

0.17 W106

0.33

.29 to .32

0.33

0.31 W106 0.31 W106

0.33 W106

0.38

0.34 W106

0.33 W106

0.31 W106 0.28

0.34 W106

0.30 W106

0.31 W106 0.29 W106

0.59 S1786 0.62 Formula 0.80

0.86

0.75 S1763 0.73 S1763 0.70

1.31 S1786 1.37 Formula

0.95 S1786 0.72

1.36 S1786

0.51 S1810 0.53 Formula .52/.22

0.74 S1763 0.74 Formula 0.73 A2401 0.73

0.74 S1762 0.75 Formula 0.73 S1762 0.72

0.23 S1839 0.23 S1839 0.21 S1839 0.21

0.12

0.13

0.48

0.49 S1763 0.47 S1763 0.37

0.30 S1765 0.27 S1765 0.34

0.31

0.42 S1763 0.43 A2401 0.43

0.41 S1762 0.47 S1762 0.50

BH75
.30 in Processing, .03 in Depreciation
BH91
51 cents is materials - S1728
Page 183: Economics of Photoelectricity - November 13 2012

11.60 S1828 11.30 A2918 11.70 S1828 11.70

15.3 - 15.7 S2125, HiPerforma

18.50 S2081 (cell)

1.31

0.75 S1786 0.77 S1830 0.75 S1839 0.73

1.20 P603 1.28 P603 1.32

1.24 S1763 1.20 Formula, S1874 1.07

1.68 S1866

1.38 A2401 1.28

1.16 Formula 1.16 Formula, S1874 1.16

1.23 S1874 1.22

22.00 S2239 21.00 S2239 21.00

45.00 S2304 40.00

62.00

0.82 S1813 0.81 S1813 0.76 S1813 0.64

0.94 S1765 0.88 Formula 0.84 S1765 0.66

0.93 S2367

0.82 S1874 0.69

0.70

1.35 S2392

1.71 S1874 1.57

1.84 S1822 1.80 S1822 1.57

1.92 S2392

1.41 S1836 1.13 S1842 0.98

1.75 S1836 1.71 S1874 1.56

0.88

1.87 S1678 1.85 S1836 1.72 S1874 1.54

1.86 S1765 1.82 Formula 1.79 S1765 1.56

2.17 S2367

1.53

1.82 S1836 1.71 S1874 1.65

1.75 S1836 1.71 A2401 1.46

BC146
Production cost when using internal wafers
BG146
Production cost when using internal wafers
Page 184: Economics of Photoelectricity - November 13 2012

1.73 S1678 1.75 S1836 1.70 S1874 1.55

38550 S2295 154200 S2295

2450 S2295 9800 S2295

11640 S2295 46560 S2295

1500 S2888

4000 E2888

2000 S2888

3600 S2888

3000 S2888

21000 S2324

26000 S1848

3000 S2888

11000 S1765 11000 A1863

5000 E2888

5000 E2888

12500 S1848

4300 S2888

3000 S2888

300 S2888

27000 S2324

1800 S2888

19000 S2363

3000 S2888

1000 S2888

1000 E2888

2400 S2888

3200 S2888

8200 S1848

32000 S2324, 30000 in S2888

52640 S2295 210560 S2295

350 S2888

325 S2888

600 S2888

210 S2888

300 S2888

720 S2888

3500 S2888

1100 S2888

50 S2888

100 S2888

400 S2888 450 S1864 500

1000 S2888

200 S2888

300 S2888

Page 185: Economics of Photoelectricity - November 13 2012

600 S2101 600 S2101

3000 S1863, S2888

360 S2888

1016 S2888

180 S2888

800 S2888

850 S2888

470 S2888

1440 S2888

1210 S2888

250 S2888

800 S2888

300 S2888

600 S2888

1250 S2888

500 S2888

500 S2400

180 S2888

500 S2888

750 S1763 750 S1763 750 S1763 1000

500 S2888

100 S2888

1000 S2888

120 S2888

90 S2888

400 S2888

800 S1808, S2888

471 S2888

404 S2392

400 S2888

400 S2888

540 S2888

120 S2888

930 S2888

500 S2888 650 S1864 750

500 S2888

370 S2888

800 S1875, 2000 in S2888

200 S2888

600 S2101 600 S1808, S2888

600 S2888

180 S1765 180 S1863, S2888 570 S1765 1260

240 S2888

390 S2888

190 S2888

1200 S2888

800 S2888

120 S2888

800 S2888

150 S2888

500 S2888

240 S2888

30 S2888

675 S2888

740 S2888

Page 186: Economics of Photoelectricity - November 13 2012

100 S2888

520 S2888

750 S2888

500 S2888

500 S2888

594 S1808, 580 in S2888

210 S2888

1800 S2400, S2888

116 S2888

180 S2888

500 S2888

150 S2888

1200 S1763 1100 S1808, S2888 1600 S1763 1900

30 S2888

1000 S1808, S2888

450 S2888

155 S2888

1350 S2888

250 S2888

300 S2888

480 S2392, S2888

180 S2888

250 S2888

50 S2888 50

180 S2888

400 S2888

360 S2888

1502 S2481

300 S2888

100 S2888

900 S2888 900 S1864 1100

500 S2888

320 S2888

300 S2888

500 S2888

200 S2888

600 S2101 600 S2101, S2888

500 S2888

1500 S1863, S2888

240 S2888

300 S2888

390 S2888

100 S2888

250 S2888

120 S2888

120 S2888

150 S2888

540 S2888

375 S2888

675 S2888

740 S2888

210 S2888

Page 187: Economics of Photoelectricity - November 13 2012

250 S2888

50 S2888

400 S2888

950 S2888

395 S2888

100 S2888

180 S2888

500 S2888

595 A2919

100 S2888

1899 S2103

325 S2888

500 S2888

1200 S1782 1200 S1782 1600 S1763 1900

300 S2888

1100 S2888

122535 S2295

5175 S2295

13582 S2295

1000 S2324

1000 S2324

990 S2239 3771 S2389 1080 S2239 1011

3680 P608

2000 S2324

5754 S1813 17853 Formula 5927 S1813 6099

18900 P608

500 S2324

1925 S1765 5052 Formula 2479 S1765 2774

3000 S2324

8888 P608

4200 S2324

8043 P608

1000 S2324

15100 P608

1000 S2324

3856 S2290 11459 Formula

610 S2239 1159 Formula 750 S2239 787

1000 S2324

1260 S2324

1000 S2324

4056 P608

1300 S2324

8200 S2324

18752 P608

788 S1813 1412 S1813 953 S1813 1123

628 S1765 2136 Formula 632 S1765 429

322 S2290 1211 Formula

223 883 Formula 244 S2304 231

523 S2284

277 S2392

Page 188: Economics of Photoelectricity - November 13 2012

325 S2284

827 S2284

500 S2284

155 S2284

1463 S2284

480 S2284

650 S2293

27 S2284

945 S2284

545 S2284

1014 S2284

730 S2284

910 S2284

460 S2284

520 S2293

1585 S2284

1050 S2284

1117 S2293

237 S1827 803 S1827 244 S1824 287

67 S2392 89

395 S1828 1411 Formula 407 S1828 483

219 S1864 798 Formula 249 S2465 206

40 S2284

401

112 S2239 269 S2101 167 S2239 207

Page 189: Economics of Photoelectricity - November 13 2012

58 S2284

157 S1765 356 Formula 119 S1765 79

20 S2284

107 S2284

30 S2284

166 S2290 502 S2267

127 S2239 291 Formula 87 S2239 65

168 S2313

74 S2284

75 S2284

509 S1810 1572 S1772 494 S1772 504

159 S1968 584 S2829 133 S1866 190

40 S2284

351 S1782 1057 S1782 320 S1782 396

146 S2284

347 S1774 1062 S1774 309 S1781, S2081 421

25.5 S1824 50.6 Formula 5.9 S1824 7.1

51.7 S2392

155.9 S1828 640.1 S1830 116.0 S1828 61.1

23.7 S2465

55.8 S1785 132.0 Formula 51.4 S1763 36.4

169.0 S2304 43.3 S2304 1.8

179.0 S1836 -2.0 S1836 -148.0

383.4 S1810 262.3 S1810 31.9 S1772 -259.5

311.0 S1836 48.0 S1836 12.0

210.0 S1836 56.0 S1836 58.0

1051

522.30 S2708

1396

2658

Page 190: Economics of Photoelectricity - November 13 2012

Source 2011 - Q3 Source 2011 - Q4 Source 2011

30

S2698 20.9 S2698 19.3 S2698 21

42

22 to 24

42

33

46

24 to 28

50

27

60

26 S2363 26

30

45

50

45

45

20 to 24

46

S1871

S2239 .21 to .23 S2239 .18 to .2 S2239

0.28

0.27

S1769 0.17 S1614 0.15 S2239 0.15

0.28

0.21

0.21

S1765 0.21 S1769 0.18 S2239 0.18

0.30

0.39

.36 to .42

S1766 0.23 S1766 0.20 S2239 0.20

0.28

.25 to .30

0.33

.40 to .45

S1790 0.22

0.18

0.29

0.18

S1871

S1871, S2239 .17 to .20 S2239 .17 to .19 S2239

S2480 0.22

0.23

0.24

0.27

0.27

0.24

0.18

S2324 0.19 S1769 .18 to 20 S2239 0.18

0.17

S1765 0.17 S1869 0.22

0.20

0.23

0.27

0.27

BL26
.17 Processing cost, .06 Depreciation
Page 191: Economics of Photoelectricity - November 13 2012

S2324 .17 to .18

0.19

.23 to .24

.45 to .50

0.17

0.17

0.17

S1871

S2239 .27 to .31 S2239 0.26 to .29 S1872, S2239

S2480

0.23

S2324 0.50 S1769

0.30 S1869

S2324 0.44 S1727

S1769 0.75 S1769 0.76 S2888

S2324 0.74 S1854 0.74 S2888

S1763 0.68 S1763 0.64 S2239 0.69

0.89 S1869

S2324 0.67 S1770

S1751,S1769, S2 0.74 S1751, S1769 0.74 S2103, S2239 0.74

S1763, S2324 0.65 S1763 0.64 S2078, S2239 0.69

S1762 0.66 S1762 0.64 S2081, S2239 0.68

22.1 million

S2481 0.20 S2481 0.23 S2077

S1779

S2888 0.12 S2888 0.11 S2888

S1769 0.33 S1769 0.24 S2888

S1763 0.29 S1763 0.27 S2239

S1765 0.21 S2888 0.24 S2888

S2888 0.20 S2888 0.17 S2888

0.48 S1769 0.50 S2102

A2401 0.37 A2401 0.31 S2078 0.39

S1762 0.45 S1762 0.40 S2081, S2239

BL76
.25 Processing, .01 Depreciation
Page 192: Economics of Photoelectricity - November 13 2012

14.92 - 15.85

S1828 11.80 S1828 12.20 S2077 11.90

14.5 - 15.7

up to 15.9

15.3 - 16.2, 19

S2104 0.76 S2104

S1828 0.74 S1828 0.73 S2077 0.75

S1764 1.13 S1764 1.03 S2465

S1763, S1874 0.97 S1763 0.91 S2707

1.42 S1868 1.46 S2829

S1874 1.22 Formula 1.24 Formula

A2401 1.02 Formula, S1874 0.95 A2401

Formula 1.11 Formula

S2239 20.90 S1614 19.30 S2239

S2304 36.00 S2304 30.00 S2304

S2698, N169 31.10 S2698, N169

S1874 0.49 S1874 0.40 S2698, N169

S1765 0.50 S1869 0.39 S2888

0.84

S2324 0.52 S1874 0.36 S2888

S2324

S1874 1.02 S1874

S1769 1.19 S1769 1.02 S2888

0.94 S2391 1.36

S1836 1.15 S1840

S1854 1.23 S1854 1.00 S2465

S2888 0.74 S2888

S1769 1.19 S1769 0.96 S2888

S1765 1.24 S1769 1.06 S2888

1.58

S1769 1.19 S1769 0.97 S2888

S2888 1.37 S1874 1.15 S2888

A2401 1.25 A2401 1.01 S2078

Page 193: Economics of Photoelectricity - November 13 2012

S1769 1.29 S1769 1.11 S2888

131150

4000.00

2000

300

4300

7000

65000

525

39500

2500

6000

3000

17000 S1869 17000

5000

18000

15000

4300

7000

1500

42000

990

19000

3500

1000

4000

4200

3200

3900

7000

9200

35000-42150

3900

3000

300

480

300 S2480 300

450

1000

550

125 125

500

1120

6500

1550

320

300

1500

200

S1864 800

1000

470

785

Page 194: Economics of Photoelectricity - November 13 2012

1200

3800 S1869 3800

300

1200

500

1100

300

1000

630

2400

2400

300

1100

500

1100

1410

1125

500

300

1000

2400 S1767 1600

180

1000

S1763 1200 S1763 1200 A2401 1200

655

100

1700

800

210

480

1500 S2480 1500

600

1000

450

1080

500

820

360

1300

S1864 1300

800

550

3000

500

1200

600

S1765 1800

330

300

570

320

1500

1300

370

1200

150

700

725

600

130

600

225

900

Page 195: Economics of Photoelectricity - November 13 2012

300

520

800

500

100

1000

1300

500

2400 S1767 2400

133

500

1000

800

250

S1763 1900 S1763 1900 A2401 1900

150

1700

800

300

690

2050 S2480 2050

350

500

915

300

250

450

S2389 100 S2389 100

220

180

600

600

2271 S1828 2005 S2104 2376

500

150

S1864 1500 S2118 1500 S2118 1500

560

550

300

1200

500

1200 S2101 1200

560

1500 S1869 1600

330

300

570

100

250

120

370

50

422

600

700

400

130

600

225

1100

242

800

Page 196: Economics of Photoelectricity - November 13 2012

250

150

400

900

445

100

180

1000

1000

100

2400 S1767 2400 S2103 2400

150

800

250

S1763 1900 S1763 1900 S2078 1900

650

1700 S2081 1700

37195

S2239 1022 S2239 834 S2239 4524

S2239 6399 S1614 10989 S2239 29414

S1765 2883 S1869 2200 S2239 10336

S2239 760 S2239 1089 S2239 3386

S1614 1201 S1614 1131 S2698, Formula 4408

41 S2543

S1869 293 S1869

S2304 295 S2304 245 S2304 1014

1010

7

Page 197: Economics of Photoelectricity - November 13 2012

600

873

815

940

1700

16.90 S2543 740

680

1100

790

730

725

525

2220

1550

497

550

S1825 355 S1826 436 S2132 1323

S2324 412

525

S1828 551 S1828 540 A2918 1981

S1854 201 S1854 189 S2465 844

855

60

S2324 820

598

S1783 218 S2101 169 S2101 761

Page 198: Economics of Photoelectricity - November 13 2012

64

S1869 192 S1869 255 S2239 646

60

100

65

644

S2239 34 S2239 95 S2239 280

986

525

605

70

S1771 585 S1767 517 S2239 2096

S1867 272 A2919 261 A2919 922

65

938

S2078 370 S1763 425 S2078 1512

70

S1773 514 S1762 361 Formula 1604

S1826 -43.9 S1826 -59.9 S2132 -90.8

S828 196.5 S1828 -413.1 S2077 -39.5

-132.2 S2465

S1763 10.7 S1763 -58.3 S2101 43.4

S2304 -8.2 S2304 -36.7 S2304 0.3

S1836 -370.8 S2083 -83.1 S2083 -603.9

S1771 -642.2 S2103 -148.8 S2400 -1018.6

S1836 -31.5 S1768 -65.3 S2079 -37.8

S1836 -28.3 S1768 -599.4 S2081 -509.8

148.00 S1854

1289 S2706

S2707 1020.10 S2707 996 S2707 996

827

S2689

S2702

Page 199: Economics of Photoelectricity - November 13 2012

0.83 Formula 0.83

Page 200: Economics of Photoelectricity - November 13 2012

Source 2012 - Q1 Source 2012 - Q2 Source 2012 - Q3 Source

S2389

Formula 20 S2698 18 S2698

S2366

S2366

S2366

S2366

S2366

S2366

S2366

S2366

S2366

S2363 23 S2363

S2366

S2366

S2366

S2366

S2366

S2366

S2366

S2366

S2366

S2366 0.14 S2698 0.13 S2698

S2366

S2366

S2366

S2239 0.23 S2888

S2366

S2366

S2366

S2239 0.19 S2304 0.17 S2708

S2366

S2366

S2366

S2366

S2366

S2366

S2366

S2366

S2366 0.18 S2480

S2391 0.19 S2391

S2366

S2366

S2366

S2366

S2366

S2366

S2366

S2366

S2366

S2366

S2366

S2366

Page 201: Economics of Photoelectricity - November 13 2012

S2366

S2366

S2366

S2366

S2366

S2366

S2366

0.24 S2480

S2391 0.25 S2391

0.73 S2888

0.92 S2888

Formula 0.58 S2707 0.52 S2707

S2103 0.74 S2888

Formula 0.58 A2401 0.52 S2689

Formula 0.57 A2463 0.55 S2702

0.22 S2391

0.18 S2481 0.15 A2919

0.11 S2888

0.16 S2888

0.16 S2707 0.14 S2707

0.23 S2888

Formula 0.28 A2401

0.30 A2463 0.22 S2702

Page 202: Economics of Photoelectricity - November 13 2012

S2130, ELPS

A2918 12.40 S2481 12.60 A2918 12.70 A2918

S2128, Honey

S2098, S2702, PANDA I

0.73 S2480

A2918 0.73 S2481 0.72 A2918 0.67 A2918

0.78 S2465

0.74 S2707 0.66 S2707

0.66 S2708

0.86 A2401

19.70 S2698 18.20 S2698

33.00 S2304 26.00 S2708

26.00 S2698 21.80 S2698

0.28 S2698 0.26 S2698

0.36 S2888

S2367

0.33 S2888

0.89 S2888

S2839 0.86 S2391

0.84 S2465

0.82 S2888

0.80 S2888

S2367

0.84 S2304 0.75 S2708

1.15 S2888

0.92 A2401

S2123, S2124, S2127, S2129, HiPerforma

Page 203: Economics of Photoelectricity - November 13 2012

0.94 S2888

S2366

E2888

S2888

S2888

S2289, S2888

S2888

S2239, S2888

S2366

S1614, 46000 in S2888

S2888

S2888

S2366

S1614, S2888

E2888

E2888

S1614, S2888

S2888

S2366, 6000 in S2888

S2888

S1614, S2888

S2366, 1800 in S2888

S2363

S1614, S2888

S2888

E2888

S2888

S2366, S2888

S2366

S2366

S1614, 8200 in S2888

P606, S1614, 3300 in S2888

S2366

S1614

S2888

S2888

S2480

S2888

S2324, S2888

S2324, 330 in S2888

S2389

S2324, S2888

S2888

S1614

S2888

S2888

S2888

S1614

S2888

S2366, S2888 800 S2465

S2888

S2888

S1614, S2888 lists 1085

Page 204: Economics of Photoelectricity - November 13 2012

S2101, S2888 1200 S2543 1200 S2707

S2888

S2888

S2324

S2366, S2888

S2888

S2888

S2888

S2366, 750 in S2888

S2324, S2888 lists 1650

S2888, 1600 in S2366

S2888

S2324, 800 in S2888

S2388

S1614

S2324, 1100 in S2888

S2324, 1250 in S2888 1000 S2841

S2888

S2888

S2366

S2400, S1600

S2888

S2888

S1614, S2888 1200 A2401 1200 S2689

S2366, S2888

S2888

S1614 1850 A2463 2450 S2702

S2888

S2888

S2888

S2480

S2888

S2324, 400 in S2888

S2888

S2324, 700 in S2888

S2888

S2324, S2888

S2888

S2324, 500 in S2888

S2324, S2888 1300 S2465

S2888

S2888

S2324, S2888

S2888

S2101, S2888 1200 S2543 1200 S2707

S2888

S2324, 1500 in S2888

S2888

S2888

S2888

S2888

S2324, S2888

S2324, S2888

S2888

S2324, 900 in S2888

S2888

S2888

S2324, 700 in S2888

S2366, 240 in S2888

S2888

S2888

S2888

S2324, 1100 in S2888

Page 205: Economics of Photoelectricity - November 13 2012

S2324, S2888

S2324, 820 in S2888

S2324, S2888 800 S2841

S2888

S2888

S2888

A2837

S2888

S2400, S2888

S2888

S2324, 560 in S2888

S2888

S2888

S2888

S2324, S2888 1900 A2401 2400 S2689

S2888

S2324, S2888 1850 A2463 2450 S2702

S2888

S2888

S2888

S2480

S2888

S2888

S2839, 800 in S2888

S2888

S2888

S2888

S2389, 200 in S2888

S2888

S2888

S1141, 500 in S2888

S2888

S2481

S2888

S2888

S2118, S2465 1500 S2465

S1141, 800 in S2888

S2888

S2888

S1141, 800 in S2888

S2888

S2101, S2888 1200 S2543 1200 S2707

S2888

S1141, 2500 in S2888

S2888

S2888

S2888

S2888

S2888

S2888

S2888

S2888

S2888

S2888

S2888

S2888

S2888

S2888

S2888

S2888

S2888

S2324

Page 206: Economics of Photoelectricity - November 13 2012

S2888

S2888

S2888

S2888 850 S2841

S2888

S2888

S2888

S2888

A2919 1175 S2836

S2888

S2103

S2888

S2888

S2888

S2078, S2888 1900 A2401 2400 S2689

S2888

S2081 1850 A2463 2450 S2702

S2389

Formula

Formula

Formula 900 S2304 1119 S2708

Formula 1234 S2698 1952 S2698

80 S2543

Formula 375 S2304 344 S2708

S2284

S2839 5 S2391

Page 207: Economics of Photoelectricity - November 13 2012

S2284

S2284

S2284

S2284

S2284

S2284 11.80 S2543

S2284

S2284

S2284

S2284

S2284

S2284

S2284

S2284

S2238

S2238

S2132 343 S2484 412 S2687

S2839 75 S2391

S2238

2 S2888

Formula 504 A2918 369 A2918 490 A2918

Formula 161 S2465

S2238

S2284

S2238 366 S2706 418 S2706

S2238

S2101 157 S2543 223 S2707

Page 208: Economics of Photoelectricity - November 13 2012

S2284

Formula 159 S2888

S2284

S2284

S2284

S2238

Formula 91 A2304 160 S2708

S2238

S2284

S2238

S2284

S2103 407 A2400, 384 in S2888

S1968 288 A2919 257 A2919 227 A2919

S2284

S2238

Formula 380 A2401 419 A2689

S2284

S2081 521 A2463 592 S2702

Formula -21.4 S2480 -25.5 S2687

Formula -449.4 S2481 111.0 A2918 87.9 A2918

-330.0 S2698 -42.5 S2698, N169

-48.2 S2465

-39.5 S2706 -72.1 S2706

S2101 -56.6 S2543 -48.9 S2707

S2304 -40.2 S2708 -34.8 S2708

S2083 -50.7 A2919 -50.7 A2919 -74.0 A2919

Formula -133.0 ???

S2079 -29.8 S2688 -92.1 S2688

S2081 -45.0 A2463 -90.2 S2702

950 S2687 1064 S2687

578 S2888

179 S2888 174 S2888

317 S2888 343 S2888

864 S2888 519 S2888

435 S2888 492 S2888

299 S2888 333 S2888

665 S2888 759 S2888

1053 S2888 1524 S2706, 1056 in S2888

S2707 1018 S2707, 539 in S2888 1115 S2707, 588 in S2888

3424 S2888 3409 S2888

391 S2888 405 S2888

116 S2888 172 S2888

1097 S2888 993 S2888

S2708 912 S2708 933 S2708, S2888

1584 S2888 1340 S2888

460 S2888

639 S2888 835 S2888

2264 S2888, S2849 lists 3.58 billion

1138 S2888, 1869 in S2689 2136 S2689, 1302 in S2888

2320 S2888, 3441 in S2702 3864 S2702, 2691 in S2888

Page 209: Economics of Photoelectricity - November 13 2012

0.46 Formula 0.52 Formula

0.63 Formula

0.71 Formula

3.17 Formula

0.36 Formula

0.28 Formula/Wafers

0.23 Formula/Cells

0.44 Formula/Integrated

0.35 Formula/cells

Formula 0.85 Formula/Jinko 0.93 Formula

0.90 Formula

0.26 Formula/cells

1.57

0.38 Formula/wafers

1.76 Formula 1.58 Formula

0.49 Formula

0.94 Formula/Integrated

0.60 Formula/Integrated 0.89 Formula

1.25 Formula/Integrated 1.58 Formula

Page 210: Economics of Photoelectricity - November 13 2012

2012 - Q4 Source 2012 Source 2013 - Q1 Source 2013 - Q2 Source 2013 - Q3

Page 211: Economics of Photoelectricity - November 13 2012

16 S2394

15 S2394

13 S2394

13 S2394

10 S2394

10 S2394

8 S2394

Page 212: Economics of Photoelectricity - November 13 2012

4 S2394

Page 213: Economics of Photoelectricity - November 13 2012

4000 E2888

2000 E2888

600 E2888

7300 E2888

7000 E2888

65000 E2888

56000 E2888

2500 E2888

6000 E2888

25000 E2888

10000 E2888

18000 E2888

9000 E2888

4300 E2888

8000 E2888

1500 E2888

62000 E2888

2250 E2888

20500 E2888

10000 E2888

1000 E2888

10000 E2888

6000 E2888

3200 E2888

8200 E2888

50000 E2888

Page 214: Economics of Photoelectricity - November 13 2012

Source 2013 - Q4 Source 2013 Source

Page 215: Economics of Photoelectricity - November 13 2012

4000 E2888

16000 E2888

600 E2888

7300 E2888

7000 E2888

65000 E2888

10000 E2888

10000 E2888

56000 E2888

2500 E2888

6000 E2888

55000 E2888

5000 E2888

20000 E2888

18000 E2888

9000 E2888

4300 E2888

8000 E2888

1500 E2888

62000 E2888

2250 E2888

8000 E2888

20500 E2888

10000 E2888

1000 E2888

10000 E2888

9200 E2888

3200 E2888

13800 E2888

62000 E2888

12000 E2888

Page 216: Economics of Photoelectricity - November 13 2012

ACT Source ACT Source NSW

< 30 kW 30 to 200 kW < 10 kW

Jan-08

Feb-08

Mar-08

Apr-08

May-08

Jun-08

Jul-08

Aug-08

Sep-08

Oct-08

Nov-08

Dec-08

Jan-09

Feb-09

Mar-09

Apr-09

May-09

Jun-09

Jul-09

Aug-09

Sep-09

Oct-09

Nov-09

Dec-09

Nov-09

Dec-09

Jan-10 0.2

Feb-10 0.2

Mar-10 0.2

Apr-10 0.2

May-10 0.2

Jun-10 0.2

Jul-10 0.2

Aug-10 0.2

Sep-10 0.2

Oct-10 0.2

Nov-10 0.2

Dec-10 0.2

Jan-11 0.457 S2506 0.2

Feb-11 0.457 S2506 0.2

Mar-11 0.457 S2506 0.2

Apr-11 0.457 S2506 0.3427 S2506 0.2

May-11 0.457 S2506 0.3427 S2506

Jun-11 0.3427 S2506

Jul-11 0.3427 S2506

Aug-11 Closed S2506

Sep-11

Oct-11

Nov-11

Dec-11

Jan-12

Feb-12

Mar-12

Apr-12

May-12

Page 217: Economics of Photoelectricity - November 13 2012

Jun-12

Jul-12

Aug-12

Sep-12

Oct-12

Nov-12

Dec-12

Page 218: Economics of Photoelectricity - November 13 2012

Source Queensland Source Queensland Source SA

< 10 kVA, 1Ф 10 - 30 kVA, 3Ф < 10 kVA, 1Ф

0.44 S2506 0.44 S2506 0.44

0.44 S2506 0.44

0.44 S2506 0.44

0.44 S2506 0.44

0.44 S2506 0.44

0.44 S2506 0.44

0.44 S2506 0.44

0.44 S2506 0.44

0.44 S2506 0.44

0.44 S2506 0.44

0.44 S2506 0.44

0.44 S2506 0.44

0.44 S2506 0.44

0.44 S2506 0.44

0.44 S2506 0.44

0.44 S2506 0.44

0.44 S2506 0.44

0.44 S2506 0.44

0.44 S2506 0.44

0.44 S2506 0.44

S2506 0.44 S2506 0.44

S2506 0.44 S2506 0.44

S2506 0.44 S2506 0.44

S2506 0.44 S2506 0.44

S2506 0.44 S2506 0.44

S2506 0.44 S2506 0.44

S2506 0.44 S2506 0.44

S2506 0.44 S2506 0.44

S2506 0.44 S2506 0.44

S2506 0.44 S2506 0.44

S2506 0.44 S2506 0.44

S2506 0.44 S2506 0.44

S2506 0.44 S2506 0.44

S2506 0.44 S2506 0.44

S2506 0.44 S2506 0.44

S2506 0.44 S2506 0.44

0.44 S2506 0.44

0.44 S2506 0.44

0.44 S2506 0.44

0.44 S2506 0.44

0.44 S2506 0.44

0.44 S2506 0.16

0.44 S2506 0.16

0.44 S2506 0.16

0.44 S2506 0.16

0.44 S2506 0.16

0.44 S2506 0.16

0.44 S2506 0.16

0.44 S2506 0.16

Page 219: Economics of Photoelectricity - November 13 2012

0.44 S2506 0.16

0.08 July 10th 0.16

0.16

0.16

0.16

0.16

0.16

Page 220: Economics of Photoelectricity - November 13 2012

Source SA Source SA Source Tasmania

Premium FiT 10 - 30 kVA, 3Ф

S2506

S2506

S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506 0.16 S2506

S2506

S2506

S2506

S2506

S2506

S2506

S2506

S2506

Page 221: Economics of Photoelectricity - November 13 2012

S2506

S2506

S2506

S2506 0.071 S2506

S2506 0.071 S2506

S2506 0.071 S2506

S2506 0.071 S2506

Page 222: Economics of Photoelectricity - November 13 2012

Source Victoria Source Victoria Source WA

< 5 kW 5 - 100 kW < 5 kW

0.6 S2506

0.4

0.4

0.4

0.4

0.4

0.4

0.4

0.4

0.4

0.4

0.4

0.2

Closed

Closed S2506

Closed S2506

Closed S2506

0.25 S2506

Page 223: Economics of Photoelectricity - November 13 2012

Source

S2506

S2506

S2506

S2506

S2506

S2506

S2506

S2506

S2506

S2506

S2506

S2506

S2506

Page 224: Economics of Photoelectricity - November 13 2012

<5 kW 5 to 20 kW Subsidy Adjusted Fit

€/kWh Source €/kWh €/kW €/kWh Source

2003 0.643 S2804

2004 0.6516 S2804

2005 0.6514 S2804

2006 0.6446 S2804

2007 0.6239 S2804

2008 0.6004 S2804

2009 0.5702 S2804

2010 0.5276 S2805 0.38 S2803

2011 0.38 S2803

2012 - H1

2012 - H2 0.197 200 0.2196 S2802

2013 0.1812 200 0.202 S2802

Page 225: Economics of Photoelectricity - November 13 2012

> 20 kW

€/kWh €/kWh Source €/kWh Source €/kW

0.33 S2804 0.35 S2804 0.25 S2804

0.33 S2804 0.35 S2804 0.25 S2804

0.2048

0.1843

0.1659

Ground Mount 5 to 20 kW

Ground Mount > 20 kW

Ground Mount < 500 kW

Page 226: Economics of Photoelectricity - November 13 2012

Source

S2802

S2802

S2802

Page 227: Economics of Photoelectricity - November 13 2012

Projects (CNY/kWh) Projects (USD/kWh)

2009 (Test project - Dun Huang)* 1.09 0.173

2010 (13 follow up test projects)* .729-.991 0.158

2011 - Completed by 12.31 1.15 0.183

2012 - Completed after 12.31 1 0.159

Exchange Rate = CNY/USD = 6.29017

*Projects in 2009/2010 not FiT driven

Golden Sun Program

Q4 2011 8 CNY/Wp

2011ish (crystalline PV) 9 CNY/Wp

2011ish (thin film PV) 8 CNY/Wp

February 2012 7 CNY/Wp

May 2012 5.5 CNY/Wp

2010 - Zhejiang province FiT Kicker 1.16

2011 - Zhejiang province FiT Kicker 1.43

2010 - Jiangsu province FiT kicker (ground-based) 2.1

2010 - Jiangsu province FiT kicker (rooftop) 3.7

2010 - Jiangsu province FiT kicker (BIPV) 4.3

Page 228: Economics of Photoelectricity - November 13 2012

Source Source

S1887

S1887

S1886 1.15 S1886

S1886 1.15 S1886

S1890

S1892

S1892

S1892

S2280

S1894

S1893

S1894

S1894

S1894

Tibet (preferential rate)

Page 229: Economics of Photoelectricity - November 13 2012

Rooftop < 10 kW Rooftop 10 to 35 kW

Euro/kWh Source Euro/kWh Source Euro/kWh

Jul-07

Aug-07

Sep-07

Oct-07

Nov-07

Dec-07

Jan-08

Feb-08

Mar-08

Apr-08

May-08

Jun-08

Jul-08

Aug-08

Sep-08

Oct-08

Nov-08

Dec-08

Jan-09

Feb-09

Mar-09

Apr-09

May-09

Jun-09

Jul-09

Aug-09

Sep-09

Oct-09

Nov-09

Dec-09

Jan-10

Feb-10

Mar-10

Apr-10

May-10

Jun-10

Jul-10

Aug-10

Sep-10

Oct-10

Nov-10

Dec-10

Jan-11

Feb-11

Mar-11

Apr-11

May-11

Jun-11

Jul-11

Aug-11

Sep-11

Oct-11

Nov-11

Dec-11

Jan-12

Feb-12

Mar-12

Apr-12

May-12 0.52 S2923

Ground Mounted < 10 kW

Page 230: Economics of Photoelectricity - November 13 2012

Jun-12 0.15 S2923 0.35 S2923 0.22

Jul-12

Aug-12

Sep-12

Oct-12

Nov-12

Dec-12

Page 231: Economics of Photoelectricity - November 13 2012

10 to 30 kW > 30 kW

Source HRK/kWh Source HRK/kWh Source HRK/kWh

3.7015 S2925 3.2660 S2925 2.2862

3.4 S2924 3.0 S2924 2.1

Ground Mounted < 10 kW

Page 232: Economics of Photoelectricity - November 13 2012

S2923

Page 233: Economics of Photoelectricity - November 13 2012

Source Length of FiT Source DC Kicker

S2925

S2924 12 S2924

12 S2923

> 60% DC gets 100% of the tariff, 45 to 60% gets 7/155*p+.72 % of the tariff, < 45% DC gets 93% of the tariff

Page 234: Economics of Photoelectricity - November 13 2012

14 S2923 15%

Page 235: Economics of Photoelectricity - November 13 2012

Source

S2924

Page 236: Economics of Photoelectricity - November 13 2012

S2923

Page 237: Economics of Photoelectricity - November 13 2012

Integrated Residential Rooftops Non-Integrated Residential Rooftops

<9 kW 9 to 36 kW > 36 to 100 kW < 36 kW 36 to 100 kW

???

Dec-10 N/A N/A N/A N/A N/A

Jan-11 N/A N/A N/A N/A N/A

Feb-11 N/A N/A N/A N/A N/A

Mar-11 0.4600 0.4025 0.2883 0.3035 0.2883

Apr-11 0.4600 0.4025 0.2883 0.3035 0.2883

May-11 0.4600 0.4025 0.2883 0.3035 0.2883

Jun-11 0.4600 0.4025 0.2883 0.3035 0.2883

Jul-11 0.4255 0.3723 0.2609 0.2746 0.2609

Aug-11 0.4255 0.3723 0.2609 0.2746 0.2609

Sep-11 0.4255 0.3723 0.2609 0.2746 0.2609

Oct-11 0.4063 0.3555 0.2361 0.2485 0.2361

Nov-11 0.4063 0.3555 0.2361 0.2485 0.2361

Dec-11 0.4063 0.3555 0.2361 0.2485 0.2361

Jan-12 0.3880 0.3395 0.2137 0.2249 0.2137

Feb-12 0.3880 0.3395 0.2137 0.2249 0.2137

Mar-12 0.3880 0.3395 0.2137 0.2249 0.2137

Apr-12 0.3706 0.3242 0.1934 0.2035 0.1934

May-12 0.3706 0.3242 0.1934 0.2035 0.1934

Jun-12 0.3706 0.3242 0.1934 0.2035 0.1934

Jul-12 0.3539 0.3096 0.1750 0.1842 0.1750

Aug-12 0.3539 0.3096 0.1750 0.1842 0.1750

Sep-12 0.3539 0.3096 0.1750 0.1842 0.1750

Oct-12 0.3415 0.2988 0.1704 0.1704 0.1619

Nov-12 0.3415 0.2988 0.1704 0.1704 0.1619

Dec-12 0.3415 0.2988 0.1704 0.1704 0.1619

Page 238: Economics of Photoelectricity - November 13 2012

Health & Education Rooftops (integrated) Other Rooftops (integrated)

<36 kW > 36 to 100 kW <36 kW > 36 to 100 kW <9 kW 9 to 36 kW

N/A N/A N/A N/A N/A N/A

N/A N/A N/A N/A N/A N/A

N/A N/A N/A N/A N/A N/A

0.4060 0.2883 0.3035 0.2883 0.3520 0.3035

0.4060 0.2883 0.3035 0.2883 0.3520 0.3035

0.4060 0.2883 0.3035 0.2883 0.3520 0.3035

0.4060 0.2883 0.3035 0.2883 0.3520 0.3035

0.3674 0.2609 0.2746 0.2609 0.3185 0.2746

0.3674 0.2609 0.2746 0.2609 0.3185 0.2746

0.3674 0.2609 0.2746 0.2609 0.3185 0.2746

0.3325 0.2361 0.2485 0.2361 0.2882 0.2485

0.3325 0.2361 0.2485 0.2361 0.2882 0.2485

0.3325 0.2361 0.2485 0.2361 0.2882 0.2485

0.3009 0.2137 0.2249 0.2137 0.2609 0.2249

0.3009 0.2137 0.2249 0.2137 0.2609 0.2249

0.3009 0.2137 0.2249 0.2137 0.2609 0.2249

0.2723 0.1934 0.2035 0.1934 0.2361 0.2035

0.2723 0.1934 0.2035 0.1934 0.2361 0.2035

0.2723 0.1934 0.2035 0.1934 0.2361 0.2035

0.2464 0.1750 0.1842 0.1750 0.2136 0.1842

0.2464 0.1750 0.1842 0.1750 0.2136 0.1842

0.2464 0.1750 0.1842 0.1750 0.2136 0.1842

0.2279 0.1619 0.1704 0.1619 0.1976 0.1704

0.2279 0.1619 0.1704 0.1619 0.1976 0.1704

0.2279 0.1619 0.1704 0.1619 0.1976 0.1704

Health & Education Rooftops (non-integrated)

Page 239: Economics of Photoelectricity - November 13 2012

Other Rooftops (integrated) Other Rooftops (non-integrated) T5

36 to 100 kW 0 to 36 kW 36 to 100 kW N/A Source

0.58

N/A N/A N/A N/A S2976

N/A N/A N/A N/A S2976

N/A N/A N/A N/A S2976

0.2883 0.3035 0.2883 0.1200 S2887

0.2883 0.3035 0.2883 0.1200 S2887

0.2883 0.3035 0.2883 0.1200 S2887

0.2883 0.3035 0.2883 0.1200 S2887

0.2609 0.2746 0.2609 0.11688 S2889

0.2609 0.2746 0.2609 0.11688 S2889

0.2609 0.2746 0.2609 0.11688 S2889

0.2361 0.2484 0.2361 0.11384 S2886

0.2361 0.2484 0.2361 0.11384 S2886

0.2361 0.2484 0.2361 0.11384 S2886

0.2137 0.2249 0.2137 0.1108 S2885

0.2137 0.2249 0.2137 0.1108 S2885

0.2137 0.2249 0.2137 0.1108 S2885

0.1934 0.2035 0.1934 0.1079 S2883

0.1934 0.2035 0.1934 0.1079 S2883

0.1934 0.2035 0.1934 0.1079 S2906

0.1750 0.1842 0.1750 0.1051 S2747

0.1750 0.1842 0.1750 0.1051 S2747

0.1750 0.1842 0.1750 0.1051 S2747

0.1619 0.1719 0.1619 0.1024 S2882

0.1619 0.1719 0.1619 0.1024 S2882

0.1619 0.1719 0.1619 0.1024 S2882

BIPV Residential/Health

Page 240: Economics of Photoelectricity - November 13 2012

BIPV Other Non-Integrated

< 250 kW < 250 kW Source

0.5 0.42 0.314 0.377 S2892, P672

Moratorium on plants larger than 3 kWp S2976

Moratorium on plants larger than 3 kWp S2976

Moratorium on plants larger than 3 kWp S2976

Ground Mount (South)

Ground Mount (North)

Page 241: Economics of Photoelectricity - November 13 2012

Year Rooftops <10 kW Source Source Source

Jan-01

Feb-01

Mar-01

Apr-01

May-01

Jun-01

Jul-01

Aug-01

Sep-01

Oct-01

Nov-01

Dec-01

Jan-02

Feb-02

Mar-02

Apr-02

May-02

Jun-02

Jul-02

Aug-02

Sep-02

Oct-02

Nov-02

Dec-02

Jan-03

Feb-03

Mar-03

Apr-03

May-03

Jun-03

Jul-03

Aug-03

Sep-03

Oct-03

Nov-03

Dec-03

Jan-04

Feb-04

Mar-04

Apr-04

May-04

Jun-04

Jul-04

Aug-04

Sep-04

Oct-04

Nov-04

Dec-04

Jan-05

Feb-05

Mar-05

Apr-05

May-05

Jun-05

Jul-05

Aug-05

Sep-05

Rooftops 10 to 40 kW

Rooftops 40 to 1000 kW

Page 242: Economics of Photoelectricity - November 13 2012

Oct-05

Nov-05

Dec-05

Jan-06

Feb-06

Mar-06

Apr-06

May-06

Jun-06

Jul-06

Aug-06

Sep-06

Oct-06

Nov-06

Dec-06

Jan-07

Feb-07

Mar-07

Apr-07

May-07

Jun-07

Jul-07

Aug-07

Sep-07

Oct-07

Nov-07

Dec-07

Jan-08

Feb-08

Mar-08

Apr-08

May-08

Jun-08

Jul-08

Aug-08

Sep-08

Oct-08

Nov-08

Dec-08

Jan-09

Feb-09

Mar-09

Apr-09

May-09

Jun-09

Jul-09

Aug-09

Sep-09

Oct-09

Nov-09

Dec-09

Jan-10

Feb-10

Mar-10

Apr-10

May-10

Jun-10

Jul-10

Aug-10

Sep-10

Page 243: Economics of Photoelectricity - November 13 2012

Oct-10

Nov-10

Dec-10

Jan-11

Feb-11

Mar-11

Apr-11

May-11

Jun-11

Jul-11

Aug-11

Sep-11 1,200,000,000.00

Oct-11

Nov-11

Dec-11

Jan-12

Feb-12

Mar-12

Apr-12 0.1950 S2024 0.1850 ? 0.1650 S2024

May-12 0.1931 S2180 0.1832 ? 0.1634 S2180

Jun-12 0.1911 S2180 0.1813 ? 0.1617 S2180

Jul-12 0.1892 S2180 0.1795 ? 0.1601 S2180

Aug-12 0.1873 S2180 0.1777 ? 0.1585 S2180

Sep-12 0.1854 S2180 0.1759 ? 0.1569 S2180

Oct-12 0.1836 S2180 0.1742 ? 0.1553 S2180

Nov-12 0.1790 S2914 0.1698 S2914 0.1515 S2914

Dec-12 0.1745 S2914 0.1656 S2914 0.1477 S2914

Jan-13 0.1702 S2914 0.1614 S2914 0.1440 S2914

Feb-13 0.1685 Guess 0.1673 Guess 0.1492 Guess

Mar-13 0.1668 Guess 0.1656 Guess 0.1477 Guess

Apr-13 0.1651 Guess 0.1640 Guess 0.1463 Guess

May-13 0.1635 0.1623 Guess 0.1448 Guess

Jun-13 0.1618 0.1607 Guess 0.1433 Guess

Jul-13 0.1602 0.1591 Guess 0.1419 Guess

Aug-13 0.1586 0.1575 Guess 0.1405 Guess

Sep-13 0.1570 0.1559 Guess 0.1391 Guess

Oct-13 0.1554 0.1544 Guess 0.1377 Guess

Nov-13 0.1539 0.1528 Guess 0.1363 Guess

Dec-13 0.1524 0.1513 Guess 0.1350 Guess

Jan-14 0.1508 0.1498 Guess 0.1336 Guess

Feb-14 0.1493 0.1483 Guess 0.1323 Guess

Mar-14 0.1478 0.1468 Guess 0.1309 Guess

Apr-14 0.1463 0.1454 Guess 0.1296 Guess

May-14 0.1449 0.1439 Guess 0.1283 Guess

Jun-14 0.1434 0.1425 Guess 0.1271 Guess

Jul-14 0.1420 0.1410 Guess 0.1258 Guess

Aug-14 0.1406 0.1396 Guess 0.1245 Guess

Sep-14 0.1392 0.1382 Guess 0.1233 Guess

Oct-14 0.1378 0.1368 Guess 0.1221 Guess

Nov-14 0.1364 0.1355 Guess 0.1208 Guess

Dec-14 0.1350 0.1341 Guess 0.1196 Guess

Jan-15 0.1337 0.1328 Guess 0.1184 Guess

Feb-15 0.1324 0.1315 Guess 0.1172 Guess

Mar-15 0.1310 0.1301 Guess 0.1161 Guess

Apr-15 0.1297 0.1288 Guess 0.1149 Guess

May-15 0.1284 0.1275 Guess 0.1138 Guess

Jun-15 0.1271 0.1263 Guess 0.1126 Guess

Jul-15 0.1259 0.1250 Guess 0.1115 Guess

Aug-15 0.1246 0.1238 Guess 0.1104 Guess

Sep-15 0.1234 0.1225 Guess 0.1093 Guess

Page 244: Economics of Photoelectricity - November 13 2012

Oct-15 0.1221 0.1213 Guess 0.1082 Guess

Nov-15 0.1209 0.1201 Guess 0.1071 Guess

Dec-15 0.1197 0.1189 Guess 0.1060 Guess

Jan-16 0.1185 0.1177 Guess 0.1050 Guess

Feb-16 0.1173 0.1165 Guess 0.1039 Guess

Mar-16 0.1161 0.1154 Guess 0.1029 Guess

Apr-16 0.1150 0.1142 Guess 0.1019 Guess

May-16 0.1138 0.1131 Guess 0.1008 Guess

Jun-16 0.1127 0.1119 Guess 0.0998 Guess

Jul-16 0.1116 0.1108 Guess 0.0988 Guess

Aug-16 0.1105 0.1097 Guess 0.0978 Guess

Sep-16 0.1093 0.1086 Guess 0.0969 Guess

Oct-16 0.1083 0.1075 Guess 0.0959 Guess

Nov-16 0.1072 0.1064 Guess 0.0949 Guess

Dec-16 0.1061 0.1054 Guess 0.0940 Guess

Jan-17 0.1050 0.1043 Guess 0.0930 Guess

Feb-17 0.1040 0.1033 Guess 0.0921 Guess

Mar-17 0.1029 0.1022 Guess 0.0912 Guess

Apr-17 0.1019 0.1012 Guess 0.0903 Guess

May-17 0.1009 0.1002 Guess 0.0894 Guess

Jun-17 0.0999 0.0992 Guess 0.0885 Guess

Jul-17 0.0989 0.0982 Guess 0.0876 Guess

Aug-17 0.0979 0.0972 Guess 0.0867 Guess

Sep-17 0.0969 0.0963 Guess 0.0859 Guess

Oct-17 0.0960 0.0953 Guess 0.0850 Guess

Nov-17 0.0950 0.0943 Guess 0.0841 Guess

Dec-17 0.0940 0.0934 Guess 0.0833 Guess

Jan-18 0.0931 0.0925 Guess 0.0825 Guess

Feb-18 0.0922 0.0915 Guess 0.0816 Guess

Mar-18 0.0913 0.0906 Guess 0.0808 Guess

Apr-18 0.0903 0.0897 Guess 0.0800 Guess

May-18 0.0894 0.0888 Guess 0.0792 Guess

Jun-18 0.0885 0.0879 Guess 0.0784 Guess

Jul-18 0.0877 0.0871 Guess 0.0776 Guess

Aug-18 0.0868 0.0862 Guess 0.0769 Guess

Sep-18 0.0859 0.0853 Guess 0.0761 Guess

Oct-18 0.0851 0.0845 Guess 0.0753 Guess

Nov-18 0.0842 0.0836 Guess 0.0746 Guess

Dec-18 0.0834 0.0828 Guess 0.0738 Guess

Jan-19 0.0825 0.0820 Guess 0.0731 Guess

Feb-19 0.0817 0.0811 Guess 0.0724 Guess

Mar-19 0.0809 0.0803 Guess 0.0716 Guess

Apr-19 0.0801 0.0795 Guess 0.0709 Guess

May-19 0.0793 0.0787 Guess 0.0702 Guess

Jun-19 0.0785 0.0779 Guess 0.0695 Guess

Jul-19 0.0777 0.0772 Guess 0.0688 Guess

Aug-19 0.0769 0.0764 Guess 0.0681 Guess

Sep-19 0.0762 0.0756 Guess 0.0675 Guess

Oct-19 0.0754 0.0749 Guess 0.0668 Guess

Nov-19 0.0746 0.0741 Guess 0.0661 Guess

Dec-19 0.0739 0.0734 Guess 0.0655 Guess

Jan-20 0.0732 0.0727 Guess 0.0648 Guess

Feb-20 0.0724 0.0719 Guess 0.0641 Guess

Mar-20 0.0717 0.0712 Guess 0.0635 Guess

Apr-20 0.0710 0.0705 Guess 0.0629 Guess

May-20 0.0703 0.0698 Guess 0.0622 Guess

Jun-20 0.0696 0.0691 Guess 0.0616 Guess

Jul-20 0.0689 0.0684 Guess 0.0610 Guess

Aug-20 0.0682 0.0677 Guess 0.0604 Guess

Sep-20 0.0675 0.0670 Guess 0.0598 Guess

Page 245: Economics of Photoelectricity - November 13 2012

Oct-20 0.0668 0.0664 Guess 0.0592 Guess

Nov-20 0.0662 0.0657 Guess 0.0586 Guess

Dec-20 0.0655 0.0650 Guess 0.0580 Guess

Page 246: Economics of Photoelectricity - November 13 2012

Source Source Rooftop < 30 kW Source

0.5062 W96

0.5062 W96

0.5062 W96

0.5062 W96

0.5062 W96

0.5062 W96

0.5062 W96

0.5062 W96

0.5062 W96

0.5062 W96

0.5062 W96

0.5062 W96

0.481 W96

0.481 W96

0.481 W96

0.481 W96

0.481 W96

0.481 W96

0.481 W96

0.481 W96

0.481 W96

0.481 W96

0.481 W96

0.481 W96

0.457 W96

0.457 W96

0.457 W96

0.457 W96

0.457 W96

0.457 W96

0.457 W96

0.457 W96

0.457 W96

0.457 W96

0.457 W96

0.457 W96

0.574 S1064

0.574 S1064

0.574 S1064

0.574 S1064

0.574 S1064

0.574 S1064

0.574 S1064

0.574 S1064

0.574 S1064

0.574 S1064

0.574 S1064

0.574 S1064

0.5453 S1064

0.5453 S1064

0.5453 S1064

0.5453 S1064

0.5453 S1064

0.5453 S1064

0.5453 S1064

0.5453 S1064

0.5453 S1064

Rooftops 1 to 10 MW

Ground-Mounted up to 10 MW

Kicker <30% - < 30 kW

Page 247: Economics of Photoelectricity - November 13 2012

0.5453 S1064

0.5453 S1064

0.5453 S1064

0.5453 S1064

0.5453 S1064

0.5453 S1064

0.518 S1064

0.518 S1064

0.518 S1064

0.518 S1064

0.518 S1064

0.518 S1064

0.518 S1064

0.518 S1064

0.518 S1064

0.4921 S1068

0.4921 S1068

0.4921 S1068

0.4921 S1068

0.4921 S1068

0.4921 S1068

0.4921 S1068

0.4921 S1068

0.4921 S1068

0.4921 S1068

0.4921 S1068

0.4921 S1068

0.4675 S223

0.4675 S223

0.4675 S223

0.4675 S223

0.4675 S223

0.4675 S223

0.4675 S223

0.4675 S223

0.4675 S223

0.4675 S223

0.4675 S223

0.4675 S223

0.4301 S990 0.251

0.4301 S990 0.251

0.4301 S990 0.251

0.4301 S990 0.251

0.4301 S990 0.251

0.4301 S990 0.251

0.4301 S990 0.251

0.4301 S990 0.251

0.4301 S990 0.251

0.4301 S990 0.251

0.4301 S990 0.251

0.4301 S990 0.251

0.3914 S1064 0.2276

0.3914 S1064 0.2276

0.3914 S1064 0.2276

0.3914 S1064 0.2276

0.3914 S1064 0.2276

0.3914 S1064 0.2276

0.3405 S1060 0.1767

0.3405 S1060 0.1767

0.3405 S1060 0.1767

Page 248: Economics of Photoelectricity - November 13 2012

0.3303 S1060 0.1665

0.3303 S1060 0.1665

0.3303 S1060 0.1665

0.2874 S1693 0.1236

0.2874 S1693 0.1236

0.2874 S1693 0.1236

0.2874 S1693 0.1236

0.2874 S1693 0.1236

0.2874 S1693 0.1236

0.2874 S1693 0.1236

0.2874 S1693 0.1236

0.2874 S1693 0.1236

0.2874 S1693 0.1236

0.2874 S1693 0.1236

0.2874 S1693 0.1236

0.2443 S1746 0.0805

0.2443 S1746 0.0805

0.2443 S1746 0.0805

0.1350 S2024 0.1350 S2024 S2180 Discontinued

0.1337 S2180 0.1337 S2180

0.1323 S2180 0.1323 S2180

0.1310 S2180 0.1310 S2180

0.1297 S2180 0.1297 S2180

0.1284 S2180 0.1284 S2180

0.1271 S2180 0.1271 S2180

0.1239 S2914 0.1239 S2914

0.1208 S2914 0.1208 S2914

0.1178 S2914 0.1178 S2914

0.1221 Guess 0.1196 Guess

0.1209 Guess 0.1178 Guess

0.1197 Guess 0.1161 Guess

0.1185 Guess

0.1173 Guess

0.1161 Guess

0.1149 Guess

0.1138 Guess

0.1127 Guess

0.1115 Guess

0.1104 Guess

0.1093 Guess

0.1082 Guess

0.1071 Guess

0.1061 Guess

0.1050 Guess

0.1040 Guess

0.1029 Guess

0.1019 Guess

0.1009 Guess

0.0999 Guess

0.0989 Guess

0.0979 Guess

0.0969 Guess

0.0959 Guess

0.0950 Guess

0.0940 Guess

0.0931 Guess

0.0921 Guess

0.0912 Guess

0.0903 Guess

0.0894 Guess

Page 249: Economics of Photoelectricity - November 13 2012

0.0885 Guess

0.0876 Guess

0.0868 Guess

0.0859 Guess

0.0850 Guess

0.0842 Guess

0.0833 Guess

0.0825 Guess

0.0817 Guess

0.0809 Guess

0.0801 Guess

0.0792 Guess

0.0785 Guess

0.0777 Guess

0.0769 Guess

0.0761 Guess

0.0754 Guess

0.0746 Guess

0.0739 Guess

0.0731 Guess

0.0724 Guess

0.0717 Guess

0.0710 Guess

0.0702 Guess

0.0695 Guess

0.0688 Guess

0.0682 Guess

0.0675 Guess

0.0668 Guess

0.0661 Guess

0.0655 Guess

0.0648 Guess

0.0642 Guess

0.0635 Guess

0.0629 Guess

0.0623 Guess

0.0616 Guess

0.0610 Guess

0.0604 Guess

0.0598 Guess

0.0592 Guess

0.0586 Guess

0.0580 Guess

0.0575 Guess

0.0569 Guess

0.0563 Guess

0.0557 Guess

0.0552 Guess

0.0546 Guess

0.0541 Guess

0.0536 Guess

0.0530 Guess

0.0525 Guess

0.0520 Guess

0.0514 Guess

0.0509 Guess

0.0504 Guess

0.0499 Guess

0.0494 Guess

0.0489 Guess

Page 250: Economics of Photoelectricity - November 13 2012

0.0484 Guess

0.0479 Guess

0.0475 Guess

Page 251: Economics of Photoelectricity - November 13 2012

Source Souce Source

0.546 S1742

0.546 S1742

0.546 S1742

0.546 S1742

0.546 S1742

0.546 S1742

0.546 S1742

0.546 S1742

0.546 S1742

0.546 S1742

0.546 S1742

0.546 S1742

0.5187 S1742

0.5187 S1742

0.5187 S1742

0.5187 S1742

0.5187 S1742

0.5187 S1742

0.5187 S1742

0.5187 S1742

0.5187 S1742

Kicker > 30% - <30 kW

Rooftop 30 to 100 kW

Kicker <30% - 30 to 100 kW

Kicker > 30% - 30 to 100 kW

Page 252: Economics of Photoelectricity - November 13 2012

0.5187 S1742

0.5187 S1742

0.5187 S1742

0.5187 S1742

0.5187 S1742

0.5187 S1742

0.4928 S1742

0.4928 S1742

0.4928 S1742

0.4928 S1742

0.4928 S1742

0.4928 S1742

0.4928 S1742

0.4928 S1742

0.4928 S1742

0.4682 S1742

0.4682 S1742

0.4682 S1742

0.4682 S1742

0.4682 S1742

0.4682 S1742

0.4682 S1742

0.4682 S1742

0.4682 S1742

0.4682 S1742

0.4682 S1742

0.4682 S1742

0.4448 S1742

0.4448 S1742

0.4448 S1742

0.4448 S1742

0.4448 S1742

0.4448 S1742

0.4448 S1742

0.4448 S1742

0.4448 S1742

0.4448 S1742

0.4448 S1742

0.4448 S1742

0.251 S1072 0.4091 S1749

0.251 S1072 0.4091 S1749

0.251 S1072 0.4091 S1749

0.251 S1072 0.4091 S1749

0.251 S1072 0.4091 S1749

0.251 S1072 0.4091 S1749

0.251 S1072 0.4091 S1749

0.251 S1072 0.4091 S1749

0.251 S1072 0.4091 S1749

0.251 S1072 0.4091 S1749

0.251 S1072 0.4091 S1749

0.251 S1072 0.4091 S1749

0.2276 S1072 0.3723 S1749

0.2276 S1072 0.3723 S1749

0.2276 S1072 0.3723 S1749

0.2276 S1072 0.3723 S1739

0.2276 S1072 0.3723 S1739

0.2276 S1072 0.3723 S1739

0.2205 S1071 0.3239 S1739 0.1601 0.2039 S1739

0.2205 S1071 0.3239 S1739 0.1601 0.2039 S1739

0.2205 S1071 0.3239 S1739 0.1601 0.2039 S1739

Page 253: Economics of Photoelectricity - November 13 2012

0.2103 S1071 0.3142 S1739 0.1504 0.1942 S1739

0.2103 S1071 0.3142 S1739 0.1504 0.1942 S1739

0.2103 S1071 0.3142 S1739 0.1504 0.1942 S1739

0.1674 S1588 0.2733 S1739 0.1095 0.1533 S1739

0.1674 S1588 0.2733 S1739 0.1095 0.1533 S1739

0.1674 S1588 0.2733 S1739 0.1095 0.1533 S1739

0.1674 S1588 0.2733 S1739 0.1095 0.1533 S1739

0.1674 S1588 0.2733 S1739 0.1095 0.1533 S1739

0.1674 S1588 0.2733 S1739 0.1095 0.1533 S1739

0.1674 S1588 0.2733 S1739 0.1095 0.1533 S1739

0.1674 S1588 0.2733 S1739 0.1095 0.1533 S1739

0.1674 S1588 0.2733 S1739 0.1095 0.1533 S1739

0.1674 S1588 0.2733 S1739 0.1095 0.1533 S1739

0.1674 S1588 0.2733 S1739 0.1095 0.1533 S1739

0.1674 S1588 0.2733 S1739 0.1095 0.1533 S1739

0.1243 W105 0.2323 S1756 0.0685 0.1123 S1756

0.1243 W105 0.2323 S1756 0.0685 0.1123 S1756

0.1243 W105 0.2323 S1756 0.0685 0.1123 S1756

Discontinued S2180 Discontinued S2180 Discontinued Discontinued S2180

Page 254: Economics of Photoelectricity - November 13 2012

Source Source Source

0.54 S1742 0.54 S1742

0.54 S1742 0.54 S1742

0.54 S1742 0.54 S1742

0.54 S1742 0.54 S1742

0.54 S1742 0.54 S1742

0.54 S1742 0.54 S1742

0.54 S1742 0.54 S1742

0.54 S1742 0.54 S1742

0.54 S1742 0.54 S1742

0.54 S1742 0.54 S1742

0.54 S1742 0.54 S1742

0.54 S1742 0.54 S1742

0.513 S1742 0.513 S1742

0.513 S1742 0.513 S1742

0.513 S1742 0.513 S1742

0.513 S1742 0.513 S1742

0.513 S1742 0.513 S1742

0.513 S1742 0.513 S1742

0.513 S1742 0.513 S1742

0.513 S1742 0.513 S1742

0.513 S1742 0.513 S1742

Rooftop 100 to 1000 kW

Kicker <30% - 100 to 500 kW

Kicker > 30% - 100 to 500 kW

Rooftop > 1000 kW*

Page 255: Economics of Photoelectricity - November 13 2012

0.513 S1742 0.513 S1742

0.513 S1742 0.513 S1742

0.513 S1742 0.513 S1742

0.513 S1742 0.513 S1742

0.513 S1742 0.513 S1742

0.513 S1742 0.513 S1742

0.4874 S1742 0.4874 S1742

0.4874 S1742 0.4874 S1742

0.4874 S1742 0.4874 S1742

0.4874 S1742 0.4874 S1742

0.4874 S1742 0.4874 S1742

0.4874 S1742 0.4874 S1742

0.4874 S1742 0.4874 S1742

0.4874 S1742 0.4874 S1742

0.4874 S1742 0.4874 S1742

0.463 S1742 0.463 S1742

0.463 S1742 0.463 S1742

0.463 S1742 0.463 S1742

0.463 S1742 0.463 S1742

0.463 S1742 0.463 S1742

0.463 S1742 0.463 S1742

0.463 S1742 0.463 S1742

0.463 S1742 0.463 S1742

0.463 S1742 0.463 S1742

0.463 S1742 0.463 S1742

0.463 S1742 0.463 S1742

0.463 S1742 0.463 S1742

0.4399 S1742 0.4399 S1742

0.4399 S1742 0.4399 S1742

0.4399 S1742 0.4399 S1742

0.4399 S1742 0.4399 S1742

0.4399 S1742 0.4399 S1742

0.4399 S1742 0.4399 S1742

0.4399 S1742 0.4399 S1742

0.4399 S1742 0.4399 S1742

0.4399 S1742 0.4399 S1742

0.4399 S1742 0.4399 S1742

0.4399 S1742 0.4399 S1742

0.4399 S1742 0.4399 S1742

0.3958 S1749 0.33 S1749

0.3958 S1749 0.33 S1749

0.3958 S1749 0.33 S1749

0.3958 S1749 0.33 S1749

0.3958 S1749 0.33 S1749

0.3958 S1749 0.33 S1749

0.3958 S1749 0.33 S1749

0.3958 S1749 0.33 S1749

0.3958 S1749 0.33 S1749

0.3958 S1749 0.33 S1749

0.3958 S1749 0.33 S1749

0.3958 S1749 0.33 S1749

0.3523 S1749 0.2937 S1749

0.3523 S1749 0.2937 S1749

0.3523 S1749 0.2937 S1749

0.3523 S1739 0.2937 S1739

0.3523 S1739 0.2937 S1739

0.3523 S1739 0.2937 S1739

0.3065 S1739 0.1427 0.1865 S1739 0.2555 S1739

0.3065 S1739 0.1427 0.1865 S1739 0.2555 S1739

0.3065 S1739 0.1427 0.1865 S1739 0.2555 S1739

Page 256: Economics of Photoelectricity - November 13 2012

0.2973 S1739 0.1335 0.1773 S1739 0.2479 S1739

0.2973 S1739 0.1335 0.1773 S1739 0.2479 S1739

0.2973 S1739 0.1335 0.1773 S1739 0.2479 S1739

0.2586 S1739 0.0948 0.1386 S1739 0.2156 S1739

0.2586 S1739 0.0948 0.1386 S1739 0.2156 S1739

0.2586 S1739 0.0948 0.1386 S1739 0.2156 S1739

0.2586 S1739 0.0948 0.1386 S1739 0.2156 S1739

0.2586 S1739 0.0948 0.1386 S1739 0.2156 S1739

0.2586 S1739 0.0948 0.1386 S1739 0.2156 S1739

0.2586 S1739 0.0948 0.1386 S1739 0.2156 S1739

0.2586 S1739 0.0948 0.1386 S1739 0.2156 S1739

0.2586 S1739 0.0948 0.1386 S1739 0.2156 S1739

0.2586 S1739 0.0948 0.1386 S1739 0.2156 S1739

0.2586 S1739 0.0948 0.1386 S1739 0.2156 S1739

0.2586 S1739 0.0948 0.1386 S1739 0.2156 S1739

0.2198 S1756 0.056 0.0998 S1756 0.1833 S1756

0.2198 S1756 0.056 0.0998 S1756 0.1833 S1756

0.2198 S1756 0.056 0.0998 S1756 0.1833 S1756

Discontinued S2180 Discontinued Discontinued S2180 See Column F S2180

Page 257: Economics of Photoelectricity - November 13 2012

Source Source Electricity Rates Source

5312

5312

5312

5312

5312

5312

5312

5312

5312

5312

5312

5312

4648

4648

4648

4648

4648

4648

4648

4648

4648

4648

4648

4648

4216

4216

4216

4216

4216

4216

4216

4216

4216

4216

4216

4216

0.457 S1742 0.457 S1742 17.5 S1694 4400

0.457 S1742 0.457 S1742 17.5 S1694 4400

0.457 S1742 0.457 S1742 17.5 S1694 4400

0.457 S1742 0.457 S1742 17.5 S1694 4400

0.457 S1742 0.457 S1742 17.5 S1694 4400

0.457 S1742 0.457 S1742 17.5 S1694 4400

0.457 S1742 0.457 S1742 17.5 S1694 4400

0.457 S1742 0.457 S1742 17.5 S1694 4400

0.457 S1742 0.457 S1742 17.5 S1694 4400

0.457 S1742 0.457 S1742 17.5 S1694 4400

0.457 S1742 0.457 S1742 17.5 S1694 4400

0.457 S1742 0.457 S1742 17.5 S1694 4400

0.434 S1742 0.4342 S1742 18.5 S1694 4648

0.434 S1742 0.4342 S1742 18.5 S1694 4648

0.434 S1742 0.4342 S1742 18.5 S1694 4648

0.434 S1742 0.4342 S1742 18.5 S1694 4648

0.434 S1742 0.4342 S1742 18.5 S1694 4648

0.434 S1742 0.4342 S1742 18.5 S1694 4648

0.434 S1742 0.4342 S1742 18.5 S1694 4648

0.434 S1742 0.4342 S1742 18.5 S1694 4648

0.434 S1742 0.4342 S1742 18.5 S1694 4648

Conversion Areas**

Agricultural Fields

< 100 kWp (Euro/kWp)

Page 258: Economics of Photoelectricity - November 13 2012

0.434 S1742 0.4342 S1742 18.5 S1694 4648

0.434 S1742 0.4342 S1742 18.5 S1694 4648

0.434 S1742 0.4342 S1742 18.5 S1694 4648

0.434 S1742 0.4342 S1742 18.5 S1694 4648

0.434 S1742 0.4342 S1742 18.5 S1694 4648

0.434 S1742 0.4342 S1742 18.5 S1694 4648

0.406 S1742 0.406 S1742 19.5 S1694 5000

0.406 S1742 0.406 S1742 19.5 S1694 5000

0.406 S1742 0.406 S1742 19.5 S1694 5000

0.406 S1742 0.406 S1742 19.5 S1694 5000

0.406 S1742 0.406 S1742 19.5 S1694 5000

0.406 S1742 0.406 S1742 19.5 S1694 5000

0.406 S1742 0.406 S1742 19.5 S1694 4800

0.406 S1742 0.406 S1742 19.5 S1694 4800

0.406 S1742 0.406 S1742 19.5 S1694 4800

0.3796 S1742 0.3796 S1742 20.25 S1694 4568

0.3796 S1742 0.3796 S1742 20.25 S1694 4568

0.3796 S1742 0.3796 S1742 20.25 S1694 4568

0.3796 S1742 0.3796 S1742 20.25 S1694 4448

0.3796 S1742 0.3796 S1742 20.25 S1694 4448

0.3796 S1742 0.3796 S1742 20.25 S1694 4448

0.3796 S1742 0.3796 S1742 20.25 S1694 4395

0.3796 S1742 0.3796 S1742 20.25 S1694 4395

0.3796 S1742 0.3796 S1742 20.25 S1694 4395

0.3796 S1742 0.3796 S1742 20.25 S1694 4354

0.3796 S1742 0.3796 S1742 20.25 S1694 4354

0.3796 S1742 0.3796 S1742 20.25 S1694 4354

0.3549 S1742 0.3549 S1742 0.22 S1695 4303

0.3549 S1742 0.3549 S1742 0.22 S1695 4303

0.3549 S1742 0.3549 S1742 0.22 S1695 4303

0.3549 S1742 0.3549 S1742 0.22 S1695 4275

0.3549 S1742 0.3549 S1742 0.22 S1695 4275

0.3549 S1742 0.3549 S1742 0.22 S1695 4275

0.3549 S1742 0.3549 S1742 0.22 S1695 4254

0.3549 S1742 0.3549 S1742 0.22 S1695 4254

0.3549 S1742 0.3549 S1742 0.22 S1695 4254

0.3549 S1742 0.3549 S1742 0.22 S1695 4216

0.3549 S1742 0.3549 S1742 0.22 S1695 4216

0.3549 S1742 0.3549 S1742 0.22 S1695 4216

0.3194 S1749 0.3194 S1749 0.229 S1695 3922

0.3194 S1749 0.3194 S1749 0.229 S1695 3922

0.3194 S1749 0.3194 S1749 0.229 S1695 3922

0.3194 S1749 0.3194 S1749 0.229 S1695 3620

0.3194 S1749 0.3194 S1749 0.229 S1695 3620

0.3194 S1749 0.3194 S1749 0.229 S1695 3620

0.3194 S1749 0.3194 S1749 0.229 S1695 3263

0.3194 S1749 0.3194 S1749 0.229 S1695 3263

0.3194 S1749 0.3194 S1749 0.229 S1695 3263

0.3194 S1749 0.3194 S1749 0.229 S1695 3135

0.3194 S1749 0.3194 S1749 0.229 S1695 3135

0.3194 S1749 0.3194 S1749 0.229 S1695 3135

0.2843 S1749 0.2843 S1749 0.239 S1695 2888

0.2843 S1749 0.2843 S1749 0.239 S1695 2888

0.2843 S1749 0.2843 S1749 0.239 S1695 2888

0.2843 S1749 0.2843 S1749 0.239 S1695 2912

0.2843 S1749 0.2843 S1749 0.239 S1695 2912

0.2843 S1749 0.2843 S1749 0.239 S1695 2912

0.2615 S1750 Discontinued S1750 0.239 S1695 2834

0.2615 S1750 Discontinued S1750 0.239 S1695 2834

0.2615 S1750 Discontinued S1750 0.239 S1695 2834

Page 259: Economics of Photoelectricity - November 13 2012

0.2537 S1750 0.239 S1695 2724

0.2537 S1750 0.239 S1695 2724

0.2537 S1750 0.239 S1695 2724

0.2207 S1750 0.247 S1695 2546

0.2207 S1750 0.247 S1695 2546

0.2207 S1750 0.247 S1695 2546

0.2207 S1750 0.247 S1695 2422

0.2207 S1750 0.247 S1695 2422

0.2207 S1750 0.247 S1695 2422

0.2207 S1750 0.247 S1695 2199

0.2207 S1750 0.247 S1695 2199

0.2207 S1750 0.247 S1695 2199

0.2207 S1750 0.247 S1695 2082

0.2207 S1750 0.247 S1695 2082

0.2207 S1750 0.247 S1695 2082

0.1876 S1756 0.262 S2200 1969

0.1876 S1756 0.262 S2201 1969

0.1876 S1756 0.262 S2191 1969

See Column H S2180 0.262 S2559 1776

0.262 S2557 1776

0.262 S2560 1776

0.262 S2828 1702

0.262 S2827 1702

0.262 S2826 1702

0.262 Guess 1638

0.262 Guess

0.262 Guess

0.262 Guess

Page 260: Economics of Photoelectricity - November 13 2012

Source Source

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

S1065

10 kWp (Euro/kWp)

AJ2
VAT included
AJ3
VAT included
AJ4
VAT included
AJ5
VAT included
AJ6
VAT included
AJ7
VAT included
AJ8
VAT included
AJ9
VAT included
AJ10
VAT included
AJ11
VAT included
AJ12
VAT included
AJ13
VAT included
AJ14
VAT included
AJ15
VAT included
AJ16
VAT included
AJ17
VAT included
AJ18
VAT included
AJ19
VAT included
AJ20
VAT included
AJ21
VAT included
AJ22
VAT included
AJ23
VAT included
AJ24
VAT included
AJ25
VAT included
AJ26
VAT included
AJ27
VAT included
AJ28
VAT included
AJ29
VAT included
AJ30
VAT included
AJ31
VAT included
AJ32
VAT included
AJ33
VAT included
AJ34
VAT included
AJ35
VAT included
AJ36
VAT included
AJ37
VAT included
AJ38
VAT included
AJ39
VAT included
AJ40
VAT included
AJ41
VAT included
AJ42
VAT included
AJ43
VAT included
AJ44
VAT included
AJ45
VAT included
AJ46
VAT included
AJ47
VAT included
AJ48
VAT included
AJ49
VAT included
AJ50
VAT included
AJ51
VAT included
AJ52
VAT included
AJ53
VAT included
AJ54
VAT included
AJ55
VAT included
AJ56
VAT included
AJ57
VAT included
AJ58
VAT included
Page 261: Economics of Photoelectricity - November 13 2012

S1065

S1065

S1065

S1065

S1065

S1065

S1041 5100 S2900

S1041 5100 S2900

S1041 5100 S2900

S1041

S1041

S1041

S1041 4906 S2900

S1041 4906 S2900

S1041 4906 S2900

S1565 4681 S2900

S1565 4681 S2900

S1565 4681 S2900

S1041 4569 S2900

S1041 4569 S2900

S1041 4569 S2900

S1565 4527 S2900

S1565 4527 S2900

S1565 4527 S2900

S1041 4458 S2900

S1041 4458 S2900

S1041 4458 S2900

S1565 4405 S2900

S1565 4405 S2900

S1565 4405 S2900

S1041 4392 S2900

S1041 4392 S2900

S1041 4392 S2900

S1565 4373 S2900

S1565 4373 S2900

S1565 4373 S2900

S1041 4359 S2900

S1041 4359 S2900

S1041 4359 S2900

S1565 4054 S2900

S1565 4054 S2900

S1565 4054 S2900

S1041 3728 S2900

S1041 3728 S2900

S1041 3728 S2900

S1041 3371 S2900

S1041 3371 S2900

S1041 3371 S2900

S1041 3255 S2900

S1041 3255 S2900

S1041 3255 S2900

S1041 2994 S2900

S1041 2994 S2900

S1041 2994 S2900

S1041 3035 S2900

S1041 3035 S2900

S1041 3035 S2900

S1565 2951 S2900

S1565 2951 S2900

S1565 2951 S2900

AJ59
VAT included
AJ60
VAT included
AJ61
VAT included
AJ62
VAT included
AJ63
VAT included
AJ64
VAT included
Page 262: Economics of Photoelectricity - November 13 2012

S1565 2842 S2900

S1565 2842 S2900

S1565 2842 S2900

S1565 2660 S2900

S1565 2660 S2900

S1565 2660 S2900

S1565 2537 S2900

S1565 2537 S2900

S1565 2537 S2900

S1693 2321 S2900

S1693 2321 S2900

S1693 2321 S2900

S2237 2197 S2900

S2237 2197 S2900

S2237 2197 S2900

S2237 2095 S2900

S2237 2095 S2900

S2237 2095 S2900

P625 1920 S2900

P625 1920 S2900

P625 1920 S2900

P666 1850 S2900

P666 1850 S2900

P666 1850 S2900

Guess

Page 263: Economics of Photoelectricity - November 13 2012

< 10 kW Source < 100 kW Source > 100 kW Source

Feb-11 0.5500 S2803 0.41943 S2803 0.37283 S2803

Mar-11 0.5500 S2803 0.41943 S2803 0.37283 S2803

Apr-11 0.5500 S2803 0.41943 S2803 0.37283 S2803

May-11 0.5500 S2803 0.41943 S2803 0.37283 S2803

Jun-11 0.5500 S2803 0.41943 S2803 0.37283 S2803

Jul-11 0.5500 S2803 0.41943 S2803 0.37283 S2803

Aug-11 0.5500 S2803 0.39489 S2803 0.35101 S2803

Sep-11 0.5500 S2803 0.39489 S2803 0.35101 S2803

Oct-11 0.5500 S2803 0.39489 S2803 0.35101 S2803

Nov-11 0.5500 S2803 0.39489 S2803 0.35101 S2803

Dec-11 0.5500 S2803 0.39489 S2803 0.35101 S2803

Jan-12 0.5500 S2803 0.39489 S2803 0.35101 S2803

Feb-12 0.5225 S2803 0.37554 S2803 0.33381 S2803

Mar-12 0.5225 S2803 0.37554 S2803 0.33381 S2803

Apr-12 0.5225 S2803 0.37554 S2803 0.33381 S2803

May-12 0.5225 S2803 0.37554 S2803 0.33381 S2803

Jun-12 0.5225 S2803 0.37554 S2803 0.33381 S2803

Jul-12 0.5225 S2803 0.37554 S2803 0.33381 S2803

Aug-12 0.5225 S2803 0.35355 S2803 0.31427 S2803

Sep-12 0.5225 S2803 0.35355 S2803 0.31427 S2803

Oct-12 0.5225 S2803 0.35355 S2803 0.31427 S2803

Nov-12 0.5225 S2803 0.35355 S2803 0.31427 S2803

Dec-12 0.5225 S2803 0.35355 S2803 0.31427 S2803

Page 264: Economics of Photoelectricity - November 13 2012

0.41943 S2803

0.41943 S2803

0.41943 S2803

0.41943 S2803

0.41943 S2803

0.41943 S2803

0.39489 S2803

0.39489 S2803

0.39489 S2803

0.39489 S2803

0.39489 S2803

0.39489 S2803

0.37554 S2803

0.37554 S2803

0.37554 S2803

0.37554 S2803

0.37554 S2803

0.37554 S2803

0.35355 S2803

0.35355 S2803

0.35355 S2803

0.35355 S2803

0.35355 S2803

Non-Integrated Installations

Page 265: Economics of Photoelectricity - November 13 2012

< 3 kW < 3 kW < 3 kW < 3 kW < 20 kW < 20 kW

Rooftop* Rooftop Ground* Ground Rooftop* Rooftop

2009 0.44 0.40 0.42

2010 0.40 0.36 0.38

Jan-11 0.39 0.35 0.36

Feb-11 0.39 0.35 0.36

Mar-11 0.39 0.35 0.36

Apr-11 0.39 0.35 0.36

May-11 0.39 0.35 0.36

Jun-11 0.39 0.34 0.36

Jul-11 0.38 0.34 0.35

Aug-11 0.37 0.33 0.34

Sep-11 0.36 0.32 0.33

Oct-11 0.35 0.30 0.31

Nov-11 0.32 0.28 0.29

Dec-11 0.30 0.26 0.27

1H 2012 0.27 0.24 0.25

2H 2012 0.133 0.22 0.13 0.21 0.12 0.203

1H 2013 0.113 0.20 0.11 0.19 0.10 0.19

2H 2013 0.096 0.18 0.09 0.17 0.09 0.17

1H 2014 0.082 0.16 0.08 0.16 0.07 0.16

2H 2014 0.07 0.15 0.07 0.15 0.06 0.15

*Self-consumption bonus

0.25 0.22 0.23

1H 2013 0.23 0.20 0.21

2H 2013 0.21 0.18 0.19

1H 2014 0.18 0.16 0.16

2H 2014 0.16 0.14 0.14

1H 2015 0.14 0.12 0.12

2H 2015 0.11 0.10 0.11

1H 2016 0.08 0.07 0.07

2H 2016 0.06 0.05 0.05

Page 266: Economics of Photoelectricity - November 13 2012

< 20 kW < 20 kW < 200 kW < 200 kW < 200 kW <200 kW < 1000 kW

Ground* Ground Rooftop* Rooftop Ground* Ground Rooftop*

0.38 0.40 0.36

0.34 0.36 0.32

0.32 0.34 0.31

0.32 0.34 0.31

0.32 0.34 0.31

0.32 0.34 0.31

0.32 0.34 0.31

0.32 0.34 0.31

0.31 0.33 0.30

0.30 0.32 0.29

0.29 0.31 0.27

0.28 0.29 0.26

0.26 0.27 0.24

0.24 0.25 0.22

0.22 0.23 0.21

0.113 0.20 0.11 0.19 0.11 0.18 0.07

0.10 0.18 0.09 0.17 0.09 0.17 0.06

0.08 0.16 0.08 0.16 0.07 0.15 0.05

0.07 0.15 0.07 0.15 0.06 0.14 0.05

0.06 0.14 0.06 0.14 0.05 0.13 0.04

0.20 0.21 0.19

0.18 0.20 0.17

0.17 0.18 0.16

0.15 0.15 0.14

0.13 0.13 0.12

0.11 0.11 0.10

0.09 0.10 0.09

0.06 0.07 0.06

0.05 0.05 0.04

Page 267: Economics of Photoelectricity - November 13 2012

< 1000 kW < 1000 kW < 1000 kW < 5000 kW < 5000 kW < 5000 kW < 5000 kW

Rooftop Ground* Ground Rooftop* Rooftop Ground* Ground

0.40 0.36 0.40 0.36

0.36 0.31 0.35 0.31

0.34 0.30 0.33 0.29

0.34 0.30 0.33 0.29

0.34 0.30 0.33 0.29

0.34 0.30 0.33 0.29

0.34 0.30 0.33 0.29

0.33 0.29 0.31 0.28

0.32 0.28 0.30 0.26

0.30 0.26 0.28 0.25

0.30 0.25 0.28 0.24

0.29 0.23 0.26 0.22

0.27 0.21 0.23 0.20

0.25 0.19 0.21 0.18

0.22 0.17 0.18 0.16

0.16 0.07 0.15 0.06 0.14 0.05 0.14

0.15 0.06 0.14 0.05 0.13 0.05 0.13

0.14 0.05 0.13 0.04 0.13 0.04 0.12

0.13 0.04 0.12 0.04 0.12 0.03 0.12

0.12 0.03 0.12 0.03 0.11 0.03 0.11

0.20 0.16 0.16 0.14

0.18 0.14 0.15 0.13

0.17 0.13 0.14 0.12

0.15 0.11 0.12 0.10

0.13 0.10 0.11 0.09

0.11 0.11 0.09 0.07

0.09 0.09 0.07 0.07

0.06 0.06 0.05 0.04

0.05 0.05 0.04 0.03

Page 268: Economics of Photoelectricity - November 13 2012

> 5000 kW > 5000 kW > 5000 kW > 5000 kW

Rooftop* Rooftop Ground* Ground Source

0.40 0.36 S2134

0.33 0.30 S2136

0.31 0.28 S2136

0.31 0.28 S2136

0.31 0.28 S2136

0.31 0.28 S2136

0.31 0.28 S2136

0.30 0.26 P602, S1919

0.28 0.25 P602, S1919

0.27 0.24 P602, S1919

0.26 0.23 P602, S1919

0.24 0.21 P602, S1919

0.22 0.19 P602, S1919

0.20 0.17 P602, S1919

0.17 0.15 P602, S1919

0.05 0.13 0.044 0.126 S2188

0.04 0.13 0.04 0.12 S2188

0.04 0.12 0.03 0.11 S2188

0.03 0.11 0.03 0.11 S2188

0.03 0.11 0.02 0.11 S2188

0.15 0.13 P602, S1919

0.14 0.12 P602, S1919

0.13 0.11 P602, S1919

0.11 0.10 P602, S1919

0.10 0.08 P602, S1919

0.08 0.07 P602, S1919

0.07 0.06 P602, S1919

0.05 0.04 P602, S1919

0.03 0.03 P602, S1919

.

Page 269: Economics of Photoelectricity - November 13 2012

Source Source

2010 48 0.5468 S2229 24.0000 0.2734

2011 42 0.5270 S2229 40.0000 0.5019

2012 H1 42 0.5153 S2229 40.0000 0.4908

2012 H2 42 0.5153 S2249 42 0.5153 S2249

*FiT for surplus power only in 2010, 2011 * 2012 H1

TEPCO Electricity Rates

< 9.1.2012 18.42 0.2303 23.41 0.2926 24.68 0.3085 S2693

> 9.1.2012 18.89 0.2361 25.19 0.3149 29.10 0.3638 S2693

Rooftops <10 kW

(JPY/kWh)

Rooftops <10 kW

(USD/kWh)

Rooftops >10 kW

(JPY/kWh)

Rooftops >10 kW

(USD/kWh)

Rooftops <500 kW

(JPY/kWh)

Rooftops <500 kW

(USD/kWh)

<120 yen/kWh

<120 USD/kWh

120 to 300 yen/kWh

120 to 300 USD/kWh

> 300 yen/kWh

> 300 USD/kWh

Page 270: Economics of Photoelectricity - November 13 2012

Source Note

S2229

S2229

S2229 USD/kWh calculations use estimated exchange rates

USD/kWh calculations use estimated exchange rates

Page 271: Economics of Photoelectricity - November 13 2012

CND/kWh Source Source Source

2010 0.802 S2231 0.713 S2231 0.635 S2231 0.539

2011 0.802 S2231 0.713 S2231 0.635 S2231 0.539

2012 0.549 S2233 Discontinued S2231 Discontinued S2231 0.487

Rooftops <10 kW

Rooftops 10 to 250 kW

Rooftops 250 to 500 kW

Rooftops > 500 kW

Page 272: Economics of Photoelectricity - November 13 2012

Source Source Source Source

S2231 0.642 S2232 0.443 S2231 NA NA

S2231 0.642 S2232 0.443 S2231 NA NA

S2233 0.445 S2233 Discontinued S2233 0.548 S2233 0.539

Ground Mounted < 10

kW

Ground Mounted 10

kW to 10 MW Rooftops 10 to

100 kW Rooftops 100

to 500 kW

Page 273: Economics of Photoelectricity - November 13 2012

Source Source Source Source

NA NA NA

NA NA NA

S2233 0.388 S2233 0.350 S2233 0.347 S2233

Ground Mounted 10 to

500 kW

Ground Mounted 500 kW to 5 MW

Ground Mounted > 5

MW

Page 274: Economics of Photoelectricity - November 13 2012

Source

2012 Q3/Q4 9.68 0.23 S2843

All Sizes (PHP/kWh)

All Sizes (USD/kWh)

Page 275: Economics of Photoelectricity - November 13 2012

Source Source 100 to 1000 kW Source

Jan-11 0.38765 S2803 0.38765 S2803 0.38261 S2803

Feb-11 0.38765 S2803 0.38765 S2803 0.38261 S2803

Mar-11 0.38765 S2803 0.38765 S2803 0.38261 S2803

Apr-11 0.38765 S2803 0.38765 S2803 0.38261 S2803

May-11 0.38765 S2803 0.38765 S2803 0.38261 S2803

Jun-11 0.38765 S2803 0.38765 S2803 0.38261 S2803

Jul-11 0.25917 S2803 Discontinued S2803 Discontinued S2803

Aug-11

Sep-11

Oct-11

Nov-11

Dec-11

Jan-12

Feb-12

Mar-12

Apr-12

May-12

Jun-12

Jul-12

Aug-12

Sep-12

Oct-12

Nov-12

Dec-12

< 100 kW (on building)

< 100 kW (not on building)

Page 276: Economics of Photoelectricity - November 13 2012

1 to 4 MW Source > 4 MW

0.38261 S2803 0.38261 S2803

0.38261 S2803 0.38261 S2803

0.38261 S2803 0.38261 S2803

0.38261 S2803 0.38261 S2803

0.38261 S2803 0.38261 S2803

0.38261 S2803 0.38261 S2803

Discontinued S2803 Discontinued S2803

Page 277: Economics of Photoelectricity - November 13 2012

< 30 kW < 30 kW < 30 kW < 30 kW > 30 kW > 30 kW > 30 kW

Ground Ground Ground

15 Years 20 Years 15 Years 20 Years 15 Years 20 Years 15 Years

Sep 2008 711.25 N/A 711.25 N/A 677.38 N/A 677.38

Oct 2008 to 2009 646.96 589.64 646.96 589.64 N/A N/A N/A

2010 606.64 550.34 566.96 514.34 N/A N/A N/A

2011 532.97 483.52 484.52 439.56 N/A N/A N/A

Built Environment

Built Environment

Built Environment

Built Environment

Page 278: Economics of Photoelectricity - November 13 2012

> 30 kW 30 to 200 kW 30 to 200 kW 30 to 200 kW 30 to 200 kW 200 to 1 MW 200 to 1 MW 200 to 1 MW 200 to 1 MW

Ground Ground Ground Ground Ground

20 Years 15 Years 20 Years 15 Years 20 Years 15 Years 20 Years 15 Years 20 Years

N/A 677.38 N/A 677.38 N/A 677.38 N/A 677.38 N/A

N/A 620.41 562.84 620.41 562.84 590.87 536.04 590.87 536.04

N/A 579.32 525.55 541.42 491.17 546.52 495.81 510.77 463.37

N/A 508.96 461.74 462.69 419.76 480.15 435.6 436.5 396

Built Environment

Built Environment

Built Environment

Built Environment

Page 279: Economics of Photoelectricity - November 13 2012

1 to 3 MW 1 to 3 MW 1 to 3 MW 1 to 3 MW > 3 MW > 3 MW > 3 MW > 3 MW

Ground Ground Ground Ground Source

15 Years 20 Years 15 Years 20 Years 15 Years 20 Years 15 Years 20 Years

677.38 N/A 677.38 N/A 677.38 N/A 677.38 N/A S2155

561.33 509.24 561.33 509.24 472.7 428.83 472.7 428.83 S2155

N/A N/A 485.23 440.2 N/A N/A 408.62 370.7 S2155

N/A N/A 414.68 376.2 N/A N/A 349.2 316.8 S2155

Built Environment

Built Environment

Built Environment

Built Environment

Page 280: Economics of Photoelectricity - November 13 2012

<100 kW Source 100 kW to 10 MW Source

Before 29 September 2008 0.4659 S2890 0.4417 S2890

After 29 September 2008

Page 281: Economics of Photoelectricity - November 13 2012

10 MW to 50 MW Source Rooftop < 20 kW Source Source

0.2431 S2890 NA NA

0.3400 S2890 0.3200 S2890

Rooftop 20 kW to 20 MW

Page 282: Economics of Photoelectricity - November 13 2012

Source

NA

0.3200 S2890

Ground-Mount < 20 MW

Page 283: Economics of Photoelectricity - November 13 2012

CHF/kWh < 10 kW < 10 kW < 10 kW < 30 kW < 30 kW < 30 kW < 100 kW < 100 kW < 100 kW

BIPV Rooftop Ground BIPV Rooftop Ground BIPV Rooftop Ground

2009ish? 0.900 0.750 0.650 0.740 0.650 0.540 0.670 0.620 0.510

2010 0.738 0.615 0.533 0.607 0.533 0.443 0.549 0.508 0.418

2011 0.592 0.483 0.427 0.542 0.467 0.393 0.459 0.422 0.343

2012 Q1 0.545 0.444 0.393 0.499 0.43 0.362 0.422 0.388 0.316

2012 Q2 0.488 0.399 0.365 0.439 0.368 0.337 0.391 0.349 0.32

2012 Q3 0.488 0.399 0.365 0.439 0.368 0.337 0.391 0.349 0.32

2012 Q4 0.428 0.361 0.331 0.365 0.294 0.27 0.332 0.269 0.248

Page 284: Economics of Photoelectricity - November 13 2012

> 100 kW > 100 kW > 100 kW < 1000 kW < 1000 kW < 1000 kW > 1000 kW > 1000 kW

BIPV Rooftop Ground BIPV Rooftop Ground BIPV Rooftop

0.620 0.600 0.490 NA NA NA NA NA

NA NA NA 0.508 0.492 0.402 NA NA

NA NA NA 0.415 0.378 0.305 0.391 0.361

NA NA NA 0.382 0.348 0.334 0.36 0.332

NA NA NA 0.349 0.317 0.29 0.334 0.307

NA NA NA 0.349 0.317 0.29 0.334 0.307

NA NA NA 0.315 0.251 0.231 0.289 0.235

Page 285: Economics of Photoelectricity - November 13 2012

> 1000 kW

Ground Source

NA S1312

NA S1870

0.289 S1870

0.266 S1870

0.281 S1870

0.281 S2690

0.216 S2690

Page 286: Economics of Photoelectricity - November 13 2012

NTD/kWh Source Source

2011 10.3185 S1916, N138 9.1799 S1916, N138

2012 H1 9.4645 S1916, N138 8.5394 S1916, N138

2012 H2 9.2100 S1916, N138 8.3259 S1916, N138

Roof-Top <10 kWp

(NTD/kWh)

Roof-Top 10 to 100 kWp

(NTD/kWh)

Page 287: Economics of Photoelectricity - November 13 2012

Source Source Source

8.8241 S1916, N138 7.9701 S1916, N138 7.3297 S1916, N138

8.1836 S1916, N138 7.3297 S1916, N138 6.9027 S1916, N138

7.9701 S1916, N138 7.1873 S1916, N138 6.7604 S1916, N138

Roof-Top100 to 500 kWp

(NTD/kWh)

Roof-Top >500 kWp (NTD/kWh)

Ground-Mount >1kWp (NTD/kWh)

Page 288: Economics of Photoelectricity - November 13 2012

< 4 KW (new build) Source < 4 KW (retrofit)

Apr-10 0.3960 S2562 0.4540

May-10 0.3960 S2562 0.4540

Jun-10 0.3960 S2562 0.4540

Jul-10 0.3960 S2562 0.4540

Aug-10 0.3960 S2562 0.4540

Sep-10 0.3960 S2562 0.4540

Oct-10 0.3960 S2562 0.4540

Nov-10 0.3960 S2562 0.4540

Dec-10 0.3960 S2562 0.4540

Jan-11 0.3960 S2562 0.4540

Feb-11 0.3960 S2562 0.4540

Mar-11 0.3960 S2562 0.4540

Apr-11 0.3960 S2562 0.4540

May-11 0.3960 S2562 0.4540

Jun-11 0.3960 S2562 0.4540

Jul-11 0.3960 S2562 0.4540

Aug-11 0.3960 S2562 0.4540

Sep-11 0.3960 S2562 0.4540

Oct-11 0.3960 S2562 0.4540

Nov-11 0.3960 S2562 0.4540

Dec-11 0.3960 S2562 0.4540

Jan-12 0.3960 S2562 0.4540

Feb-12 0.3960 S2562 0.4540

Mar-12 0.2100 S2562, N185 0.2100

Apr-12 0.2100 S2562 0.2100

May-12 0.2100 S2562 0.2100

Jun-12 0.2100 S2562 0.2100

Jul-12 0.2100 S2562 0.2100

Aug-12 0.1600 S2641 0.1600

Sep-12 0.1600 S2641 0.1600

Oct-12 0.1600 S2641 0.1600

Nov-12 0.1544 S2922 0.1544

Dec-12 0.1544 S2922 0.1544

Jan-13 0.1544 S2922 0.1544

**High Bracket Rates are used

Page 289: Economics of Photoelectricity - November 13 2012

Source 4 to 10 kW Souce 10 to 50 kW

S2562 0.3960 S2562 0.3450

S2562 0.3960 S2562 0.3450

S2562 0.3960 S2562 0.3450

S2562 0.3960 S2562 0.3450

S2562 0.3960 S2562 0.3450

S2562 0.3960 S2562 0.3450

S2562 0.3960 S2562 0.3450

S2562 0.3960 S2562 0.3450

S2562 0.3960 S2562 0.3450

S2562 0.3960 S2562 0.3450

S2562 0.3960 S2562 0.3450

S2562 0.3960 S2562 0.3450

S2562 0.3960 S2562 0.3450

S2562 0.3960 S2562 0.3450

S2562 0.3960 S2562 0.3450

S2562 0.3960 S2562 0.3450

S2564 0.3960 S2564 0.3450

S2564 0.3960 S2564 0.3450

S2564 0.3960 S2564 0.3450

S2564 0.3960 S2564 0.3450

S2564 0.3960 S2564 0.3450

S2564 0.3960 S2564 0.3450

S2564 0.3960 S2564 0.3450

S2562, N185 0.1680 S2562, N185 0.1520

S2562 0.1680 S2562 0.1520

S2562 0.1680 S2562 0.1520

S2562 0.1680 S2562 0.1520

S2562 0.1680 S2562 0.1520

S2641 0.1450 S2641 0.1350

S2641 0.1450 S2641 0.1350

S2641 0.1450 S2641 0.1350

S2922 0.1399 S2922 0.1303

S2922 0.1399 S2922 0.1303

S2922 0.1399 S2922 0.1303

Page 290: Economics of Photoelectricity - November 13 2012

Source 50 to 100 kW Source 100 to 150 kW

S2562 0.3450 S2562 0.3220

S2562 0.3450 S2562 0.3220

S2562 0.3450 S2562 0.3220

S2562 0.3450 S2562 0.3220

S2562 0.3450 S2562 0.3220

S2562 0.3450 S2562 0.3220

S2562 0.3450 S2562 0.3220

S2562 0.3450 S2562 0.3220

S2562 0.3450 S2562 0.3220

S2562 0.3450 S2562 0.3220

S2562 0.3450 S2562 0.3220

S2562 0.3450 S2562 0.3220

S2562 0.3450 S2562 0.3220

S2562 0.3450 S2562 0.3220

S2562 0.3450 S2562 0.3220

S2562 0.3450 S2562 0.3220

S2564 0.1990 S2562 0.1990

S2564 0.1990 S2562 0.1990

S2564 0.1990 S2562 0.1990

S2564 0.1990 S2562 0.1990

S2564 0.1990 S2562 0.1990

S2564 0.1990 S2562 0.1990

S2564 0.1990 S2562 0.1990

S2562, N185 0.1290 S2562, N185 0.1290

S2562 0.1290 S2562 0.1290

S2562 0.1290 S2562 0.1290

S2562 0.1290 S2562 0.1290

S2562 0.1290 S2562 0.1290

S2641 0.1150 S2641 0.1150

S2641 0.1150 S2641 0.1150

S2641 0.1150 S2641 0.1150

S2922 0.1150 S2922 0.1150

S2922 0.1150 S2922 0.1150

S2922 0.1150 S2922 0.1150

Page 291: Economics of Photoelectricity - November 13 2012

Source 150 to 250 kW Source 250 to 5000 kW

S2562 0.3220 S2562 0.3220

S2562 0.3220 S2562 0.3220

S2562 0.3220 S2562 0.3220

S2562 0.3220 S2562 0.3220

S2562 0.3220 S2562 0.3220

S2562 0.3220 S2562 0.3220

S2562 0.3220 S2562 0.3220

S2562 0.3220 S2562 0.3220

S2562 0.3220 S2562 0.3220

S2562 0.3220 S2562 0.3220

S2562 0.3220 S2562 0.3220

S2562 0.3220 S2562 0.3220

S2562 0.3220 S2562 0.3220

S2562 0.3220 S2562 0.3220

S2562 0.3220 S2562 0.3220

S2562 0.3220 S2562 0.3220

S2562 0.1570 S2562 0.0890

S2562 0.1570 S2562 0.0890

S2562 0.1570 S2562 0.0890

S2562 0.1570 S2562 0.0890

S2562 0.1570 S2562 0.0890

S2562 0.1570 S2562 0.0890

S2562 0.1570 S2562 0.0890

S2562, N185 0.1290 S2562, N185 0.0890

S2562 0.1290 S2562 0.0890

S2562 0.1290 S2562 0.0890

S2562 0.1290 S2562 0.0890

S2562 0.1290 S2562 0.0890

S2641 0.1100 S2641 0.0710

S2641 0.1100 S2641 0.0710

S2641 0.1100 S2641 0.0710

S2922 0.1100 S2922 0.0710

S2922 0.1100 S2922 0.0710

S2922 0.1100 S2922 0.0710

Page 292: Economics of Photoelectricity - November 13 2012

Source Stand Alone Source Export Tariff

S2562 0.3220 S2562 0.0320

S2562 0.3220 S2562 0.0320

S2562 0.3220 S2562 0.0320

S2562 0.3220 S2562 0.0320

S2562 0.3220 S2562 0.0320

S2562 0.3220 S2562 0.0320

S2562 0.3220 S2562 0.0320

S2562 0.3220 S2562 0.0320

S2562 0.3220 S2562 0.0320

S2562 0.3220 S2562 0.0320

S2562 0.3220 S2562 0.0320

S2562 0.3220 S2562 0.0320

S2562 0.3220 S2562 0.0320

S2562 0.3220 S2562 0.0320

S2562 0.3220 S2562 0.0320

S2562 0.3220 S2562 0.0320

S2562 0.0890 S2562 0.0320

S2562 0.0890 S2562 0.0320

S2562 0.0890 S2562 0.0320

S2562 0.0890 S2562 0.0320

S2562 0.0890 S2562 0.0320

S2562 0.0890 S2562 0.0320

S2562 0.0890 S2562 0.03200

S2562, N185 0.0890 S2562, N185 0.03200

S2562 0.0890 S2562 0.03200

S2562 0.0890 S2562 0.03200

S2562 0.0890 S2562 0.03200

S2562 0.0890 S2562 0.03200

S2641 0.0710 S2641 0.04500

S2641 0.0710 S2641 0.04500

S2641 0.0710 S2641 0.04500

S2922 0.0710 S2922 0.04500

S2922 0.0710 S2922 0.04500

S2922 0.0710 S2922 0.04500

Page 293: Economics of Photoelectricity - November 13 2012

Source Source

S2562 0.1377 S2215

S2562 0.1373 S2214

S2562 0.1383 S2213

S2562 0.1383 S2212

S2562 0.1445 S2211

S2562 0.1464 S2210

S2562 0.1458 S2209

S2562 0.1421 S2203

S2562 0.1437 S2208

S2562 0.1432 S2207

S2562 0.1449 S2206

S2562 0.1515 S2192

S2562 0.1479 S2225

S2562 0.1479 S2226

S2562 0.1461 S2193

S2562 0.1450 S2194

S2562 0.1531 S2195

S2562 0.1532 S2196

S2562 0.1562 S2197

S2562 0.1571 S2198

S2562 0.1583 S2199

S2562 0.1609 S2200

S2562 0.1614 S2201

S2562, N185 0.1627 S2191

S2562 0.1640 S2559

S2562 0.1640 S2557

S2562 0.1662 S2560

S2562 0.1703 S2828

S2641 0.1713 S2827

S2641 0.1724 S2826

S2641 0.1724 Guess

S2922

S2922

S2922

Household Electricity Rates (Euro/kWh)

Page 294: Economics of Photoelectricity - November 13 2012

Australia

Australia

Australia

Australia

Australia

Australia

Australia

Australia

Australia

Australia

Australia

Australia

Australia

Austria

France

France

France

France

France

Germany

Germany

Germany

Germany

Germany

Germany

Germany

Germany

Germany

Germany

Germany

Germany

Germany

Germany

Germany

Germany

Germany

Germany

Italy

Italy

Japan

Japan

Japan

Japan

Japan

Japan

Philippines

Switzerland

UK

UK

UK

UK

UK

Page 295: Economics of Photoelectricity - November 13 2012

FiT Notes

NSW closed Gross FiT to new customers on April 28th 2011

South Australia commenced FiT July 2008, amended FiT rates from 50 to 22 cents/kWh in July 2011, Net FiT

South Australia reduced FiT from 44 to 16 ct/kWh as of October 1st 2011, As of January 27, 2012 there is also a export bonus of .071 ct/kWh for 2012 (.112 ct/kWh for 2013)

Victoria commenced FiT November 2009, amended FiT rates from 66 to 25 cents/kWh on October 1st 2011, Net FiT, Systems up to 5 kW qualify

Queensland FiT commenced in July of 2008, 44 cent/kWh, 20 year duration, Net FiT

Australian Capital Territory FiT commenced March 2009, Closed 13 July 2011, 20 year duration, Gross FiT, Systems up to 30 kW qualify

Tasmania??

Western Australia reduced FiT from 40 to 20 ct/kWh from 30 June 2011 and closed system August 1st, 2011

1 July 2010 to 30 June 2011 - STC multiplier = 5

1 July 2011 to 30 June 2012 - STC multiplier = 3

1 July 2012 to 30 June 2013 - STC multiplier = 2

1 July 2013 onwards - STC multiplier = 1

See S2847 for STCs by zipcode breakdown

Tariffs are fixed for 13 years

VAT at 7% for any installation <3KWc (residence + 2 years)

VAT at 19.6% for all installation> 3KWc

A maximum installed capacity of 9KWc in residential or a roof surface of approximately 60 m2

Systems get an 11% tax credit for every € 3,200 in system costs up to a maximum value of € 16,000 for a couple - An example for a 3 kWp = (3KWc x € 3,200) - 11% = € 1,056 tax credit

A fixed feed-in tariff of 20 years after project approval from the town hall and ERDFA maximum of 80% of the electricity produced by a rooftop PV plant below 10 kW will qualify for the FiT

A maximum of 90% of the electricity produced by a rooftop PV plant between 10 kW and 1000 kW will qualify for the FiT

Monthly Degressions will range from 0% to 2.8%.

Maximum annual degression is 29%

Installation Corridor 2012: 2500 - 3500 MW

Installation Corridor 2013: 2100 - 3100 MW

Installation Corridor 2014: 1700 - 2700 MW

Installation Corridor 2015: 1300 - 2300 MW

Installation Corridor 2016: 900 - 1900 MW

Plants may be bigger than 10 megawatts but only the portion up to and including 10 MW is funded

2012:May, June, July, October and September degressions will be 1%

Degressions are set for three month segments: November to January, February to April, May to July and August to October

November, December and January degressions will be based on July, August & September installations multiplied by 4

2013:Feburary, March and April degressions will be based on July to December installations multiplied by 2

2013:May, June and July degressions will be based on July to March installations multiplied by 1.33

Degressions past July of 2013 will be based on installations in the trailing 12 months. i.e. The quarterly degressions starting

in August will be based on installations from July of the previous year through June of the current year

The tax on PV systems is refundable

PV systems are taxed at a reduced rate of 10%

Buydown subsidy of 30,000 JPY/kW for 1 kW systems priced up to 550,000 JPY

Buydown subsidy of 35,000 JPY/kW for 1 kW systems priced up to 475,000 JPY

FiT for systems up to 10 kW available for 10 years

Net FiT for systems up to 10 kW

FiT for systems greater than 10 kW available for 20 years

Gross FiT for systems over 10 KW

System prices are tax deductible

Excess production that is fed into the grid receives an export bonus on top of the FiT

You get the FiT even if the production is consumed on site

FiT is available for 25 years prior to August 1st 2012, 20 years from August 1st forward

FiT revenue is tax free

36% of the value of a PV system is deductible from your taxes over 10 years

The FIT will be reviewed and readjusted after three years or once installation targets for each technology (solar, wind, biomass, hydro) are already met. Solar's target is 50 MW

From April 1st 2012 forward the FiT rates for systems under 250 kW are broken up into three rate categories (lower, middle and higher). Systems that are part of multi-installations will receive a middle rate. Systems that don't fulfill the energy efficiency requirements will receive a lower rate. SEE: S2565 pg. 32 for more information.

Page 296: Economics of Photoelectricity - November 13 2012

Source

S2495

S2495, S2505

S2506

S2495, S2505, S2506

S2505

S2505, S2506

S2505

S2505

S2847

S2847

S2847

S2847

S2847

S2803

S2860

S2860

S2860

S2860

S2860

S2178

S2178

S2178

S2178

S2180

S2180

S2180

S2180

S2180

S2180

S2180

S2180

S2180

S2180

S2180

S2180

S2180

???

???

???

S2230

S2230

S2249

S2572

S2249

S2572

S2853

S2403

S2562, S2563, S2564

S2562, S2563, S2564

S2562, S2563, S2564

S2565

Page 297: Economics of Photoelectricity - November 13 2012

AUD/kW Source

2011 Q1 3776 ???

2011 Q2 3776 ???

2011 Q3 3776 ???

2011 Q4 3776 ???

Jan-12 3600 ???

Feb-12 3450 ???

Mar-12 3200 ???

Apr-12 3140 ???

May-12 3100 ???

Jun-12 3060 ???

Jul-12 3025 ???

Aug-12 3011 ???

Sep-12 $3,232 S2766

Oct-12 $3,104 S2850

Nov-12 $2,988 S2981

*See STC Notes

Page 298: Economics of Photoelectricity - November 13 2012

EUR/kW USD/kW Source

2011 Q1 3977

2011 Q2 4095

2011 Q3 3501

2011 Q4 3145

Jan-12 3680 S2781, S2782

Feb-12 2608 S2781, S2782

Mar-12 2773 S2781, S2782

Apr-12 2566 S2781, S2782

May-12 2906 S2781, S2782

Jun-12 2589 S2781, S2782

Jul-12 2527 S2781, S2782

Aug-12 2476 S2862

Page 299: Economics of Photoelectricity - November 13 2012

< 3 kW < 3 kW - BIPV 3 to 36 kW

2006 7800 8600

2007

2008 7580 8350

2009

2010 3400 to 4200 3700 to 4500 3000 to 3700

2011 2900 to 3600 3000 to 3800 2700 to 3300

Page 300: Economics of Photoelectricity - November 13 2012

3 to 36 kW - BIPV 36 to 100 kW 36 to 100 kW - BIPV Source

S2777

S2775

3300 to 4200 2500 to 3200 3000 to 3600 S2774

2800 to 3400 2300 to 3000 2400 to 3000 S2774

Page 301: Economics of Photoelectricity - November 13 2012

Year Source Source

1995 6964 S1065

1996 6408 S1065

1997 5860 S1065

1998 5428 S1065

1999 5138 S1065

2000 5428 S1065

2001 5312 S1065

2002 4648 S1065

2003 4216 S1065

2004 4400 S1065

2005 4648 S1065

Q2 2006 5100 S2900 5000 S1041

Q4 2006 4906 S2900 4800 S1041

2006 4537 S1065

2007 Q1 4681 S2900 4568 S1565

2007 Q2 4569 S2900 4448 S1041

2007 Q3 4527 S2900 4395 S1565

2007 Q4 4458 S2900 4354 S1041

2007 4441 Average

2008 Q1 4405 S2900 4303 S1565

2008 Q2 4392 S2900 4275 S1041

2008 Q3 4373 S2900 4254 S1565

2008 Q4 4359 S2900 4216 S1041

2008 4262 Average

2009 Q1 4054 S2900 3922 S1565

2009 Q2 3728 S2900 3620 S1041

2009 Q3 3371 S2900 3263 S1041

2009 Q4 3255 S2900 3135 S1041

2009 3485 Average

2010 Q1 2994 S2900 2888 S1041

2010 Q2 3035 S2900 2912 S1041

2010 Q3 2951 S2900 2834 S1565

2010 Q4 2842 S2900 2724 S1565

2011 Q1 2660 S2900 2546 S1565

2011 Q2 2537 S2900 2422 S1565

2011 Q3 2321 S2900 2199 S1693

2011 Q4 2197 S2900 2082 S2237

2011 2312 Average

Jan-12 2095 S2900 1969 S2237

Feb-12 2095 S2900 1969 S2237

Mar-12 2095 S2900 1969 S2237

Apr-12 1920 S2900 1776 P625

May-12 1920 S2900 1776 P625

Jun-12 1920 S2900 1776 P625

Jul-12 1850 S2900 1740 Guess

Aug-12 1850 S2900 1706 Guess

Sep-12 1850 S2900 1672 Guess

Oct-12 1638 Guess

Nov-12

Dec-12

Jan-13

Feb-13

Mar-13

Apr-13

System ASP - 10 kW (Euro/kW)

System ASP < 100 kW (Euro/kW)

E2
VAT included
E3
VAT included
E4
VAT included
E5
VAT included
E6
VAT included
E7
VAT included
E8
VAT included
E9
VAT included
E10
VAT included
E11
VAT included
E12
VAT included
E15
VAT included
Page 302: Economics of Photoelectricity - November 13 2012

May-13

Jun-13

Page 303: Economics of Photoelectricity - November 13 2012

Euro/kW 2000 Source 2001 Source 2002

Generic

1 - 10 kW

10 - 20 kW

Over 20 kW

2 kW

3 kW 6827

3 kW

3 kW

4 kW

5 kW

5 kW

5 kW

6 kW

6 kW

6 kW

8 kW

10 kW

15 kW

Under 20 kW

20 kW

40 kW

50 kW

60 kW

70 kW

100 kW

200 kW

300 kW

400 kW

500 kW

1000 kW

Page 304: Economics of Photoelectricity - November 13 2012

Source 2003 Source 2004 Source 2005

S2108, S2109

Page 305: Economics of Photoelectricity - November 13 2012

Source 2006 Source 2007 Source Mar-08

4800 to 5800

4000 to 4800

<4000

7700 S2116

7700 S2116

8000 S2116, pg 30

6800 S2107

Page 306: Economics of Photoelectricity - November 13 2012

Source Dec-08 Source 2008 Source Jan-09

5000 to 6500 S2105

S2115

S2115

S2115

7666 S2117 7000

6000

Page 307: Economics of Photoelectricity - November 13 2012

Source Apr-09 Source Jul-09 Source Sep-09

5060 S2117 5300

S2117 5630 to 7260 S2117

7040 S2117

S2117 5300

6875 S2117

6000 S2117

5900 S2117

5750 S2117

5666 S2117

Page 308: Economics of Photoelectricity - November 13 2012

Source Nov-09 Source Dec-09 Source 2009

S2177

4436 S2117 4400 S2117 4000

5970 S2117

5277 S2117

S2117

4500 to 4800 S2117 4899 S2117

3200 S2117

Page 309: Economics of Photoelectricity - November 13 2012

Source Feb-10 Source Mar-10 Source Apr-10

4490 S2117

S2117, pg 30 4966 S2117 4600 S2114 4733

4583 S2117 4207

4568

4688 S2117 4348

4400 S2117 4268 S2117

3000 S2117

3300 S2117 2860 S2117 (Asi)

3000

3000

3000 S2117

3200 S2114

Page 310: Economics of Photoelectricity - November 13 2012

Source May-10 Source Jun-10 Source

S2117 4116 to 4533 S2117 4760 S2117

S2117 4677 S2117

S2117 4565 to 5170 S2117 4250 S2117

S2117

4125 to 4583 S2117 3762 S2117

4653 S2117 (8.51 kWp)

3960 S2117

S2117 3000 S2117 (345 kWp)

S2117 3000 S2117

Page 311: Economics of Photoelectricity - November 13 2012

Jul-10 Source Aug-10 Source Sep-10

4545 S2117 5156 S2117 (2.88 kWp)

4444

3813 S2117

Page 312: Economics of Photoelectricity - November 13 2012

Source Oct-10 Source Nov-10 Source

4392 S2117 4667 S2117

2062659063 4682 S2117

4831 S2117

S2117 (4.5 kW) 4345 S2117 (4.6 kWp)

2906 S2117 (DIY) 3340 to 3540 S2117 (5.94 kWp)

2636 S2117 (DIY)

3500 to 3700 S2117

4000 S2117

Page 313: Economics of Photoelectricity - November 13 2012

Dec-10 Source 2010 Source Jan-11 Source

3300 - 4785 S2111

5082 S2117

3300 S2117

Page 314: Economics of Photoelectricity - November 13 2012

Feb-11 Source Mar-11 Source Apr-11 Source

3483 S2117 3950 - 4100 S2113

4591 S2117 4600 S2117

4410 S2117 (2.88 kWp)

4952 S2117

4266 S2117

3846 to 4600 S2117 3300 - 3500 S2113

4000 S2117

3833 S2117 5316 S2117 (5.98 kWp)

4388 S2117 (7.52 kWp)

4200 S2117

3940 S2117 (11.65 kWp)

4367 S2117 (19.44 kWp)

Page 315: Economics of Photoelectricity - November 13 2012

May-11 Source Jun-11 Source Jul-11 Source

3000 S2106

4000 S2112 4013 S2117 3000 S2117

3833 S2117 4231 S2117

4180 S2117 4415 S2117

3630 S2117 3500 S2117 3400 to 4000 S2117

3500 S2117

3630 S2117

S2117 (19.44 kWp)

Page 316: Economics of Photoelectricity - November 13 2012

Aug-11 Source Sep-11 Source Oct-11 Source

2833 to 3000 S2117

2667 to 2833 S2117

Page 317: Economics of Photoelectricity - November 13 2012

Nov-11 Source Dec-11 Source 2011 Source

3167 S2117 3785 S2117

3410 to 3850 S2117 2933 S2117

3333 S2117

4250 S2117

2896 S2117

3214 S2117

3146 S2117

3090 S2117

2200 to 2420 S2117

2000 to 2100 S2117

2860 S2117

2150 S2117

Page 318: Economics of Photoelectricity - November 13 2012

Jan-12 Source Feb-12 Source Mar-12 Source

3300 S2117 2650 S2117 (co-op) 2933 S2117

3000 S2117 2977 S2117 2666 to 3385 S2117

2637 S2117 2989 S2117

2872 S2117

2608 to 3041 S2117

2174 S2117 2500 to 2900 S2117

3000 S2117

2530 S2117

3000 S2117

2160 S2117

2860 S2117 (56 kWp)

2500 S2106

Page 319: Economics of Photoelectricity - November 13 2012

Apr-12 Source May-12 Source Jun-12 Source

2667 S2117

2500 to 3600 S2117

2970 to 3190 S2117

2000 to 2400 S2117

2170 to 2330 S2117 2167 S2117

2000 to 2800 S2117, S2646

1757 to 2108 S2117 2118 S2117 2180 to 2455 S2647

1737 S2117

Page 320: Economics of Photoelectricity - November 13 2012

Jul-12 Source Aug-12 Source Sep-12 Source

3731 S2177 - Sunpower

2567 to 3000 S2177 2333 S2177

3253 S2177 - Sunpower 3629 S2177 - Sunpower 2921 S2177

2704 S2177

2882 S2177 - Sunpower

2167 S2177

Page 321: Economics of Photoelectricity - November 13 2012

Oct-12 Source Nov-12 Source Dec-12

2533 to 2767 S2177

2250 S2177

Page 322: Economics of Photoelectricity - November 13 2012

Source Source

Jan-12 2023 S2781, S2782

Feb-12 2095 S2781, S2782

Mar-12 1943 S2781, S2782

Apr-12 2207 S2781, S2782

May-12 2023 S2781, S2782

Jun-12 2015 S2781, S2782

Jul-12 2015 S2781, S2782

Aug-12

Sep-12 3232 S2766

Oct-12 3104 S2850 2000 S2862

Nov-12 2988 S2981

Dec-12

Australia - 4 kw (AUD/kw)

Belgium - 4 kw (Euro/kw)

Page 323: Economics of Photoelectricity - November 13 2012

Canada (CND/kw) Source China (CNY/kw) China (USD/kw) Source

1850 Shyam

4000 S2847

Page 324: Economics of Photoelectricity - November 13 2012

Source Source Italy - 3 kw (Euro/kw)

1776 P625 3150

1776 P625 2850

1776 P625 2800

1702 S2700 2734

1702 S2700 2667

1702 S2700 2667

1650 Guess 2667

1625 Guess 2667

1600 Guess 2667

1575 Guess 2650

1550 Guess

1525 Guess

France - 3 kw (Euro/kw)

Germany <100 kw (Euro/kw)

Page 325: Economics of Photoelectricity - November 13 2012

Source Japan (USD/kw) Source

S2117 2233

S2117 2170

S2117 2158

Formula 2168

S2177 2156

S2177 6280 S2538 2124

S2177 1969

S2177 1998

S2177

S2177

Japan (thousand JPY/kw)

The Netherlands - (Euro/kw)

Page 326: Economics of Photoelectricity - November 13 2012

Source Source UK (£/kw) Source

S2781,S2783, N175 2715 S2767, N175

S2781,S2783, N175 2455 S2767, N175

S2781,S2783, N175 2285 S2767, N175

S2781,S2783, N175 2095 S2767, N175

S2781,S2783, N175 2075 S2767, N175

S2781,S2783, N175 2015 S2767, N175

S2781,S2783, N175 1985 S2767, N175

S2781,S2783, N175 1945 S2767, N175

1875 S2792

4500 S1138 1425

The Philippines (USD/kw)

1744 Euro/kw 2267 USD/kw

Page 327: Economics of Photoelectricity - November 13 2012

UK (£/kw)* Source

2250 S2792

2171 S2999

2171 S2999

2171 S2999

Page 328: Economics of Photoelectricity - November 13 2012

Source

2006 Q1

2006 Q2 5000 6279

2006 Q3

2006 Q4 4800 6186

2007 Q1 4568 6385

2007 Q2 4448 6217

2007 Q3 4395 6143

2007 Q4 4354 6086

2008 Q1 4303 6217

2008 Q2 4275 6177

2008 Q3 4254 6146

2008 Q4 4216 6092

2009 Q1 3922 5525

2009 Q2 3620 5100

2009 Q3 3263 4597

2009 Q4 3135 4416

2010 Q1 2888 3810

2010 Q2 2912 3842

2010 Q3 2834 3739

2010 Q4 2724 3594

2011 Q1 3635 4972 S2781, S2782, N175 2546 3526

2011 Q2 3558 5119 S2781, S2782, N175 2422 3355

2011 Q3 3097 4377 S2781, S2782, N175 2199 3046

2011 Q4 2916 3931 S2781, S2782, N175 2082 2884

Belgium - 4 kw (Euro/kw)

Belgium - 4 kw (USD/kw)

Germany <100 kw (Euro/kw)

Germany <100 kw (USD/kw)

Page 329: Economics of Photoelectricity - November 13 2012

Source Italy - 3 kw (Euro/kw) Italy - 3 kw (USD/kw) Source Japan (USD/kw)

S1092

S1092

S1092

S1092

S1092

S1092

S1565, W104

S1041, W104

S1565, W104

S1041, W104 7666 11039 S2117

S2156, W104 7000 9870 S2117 621 6636

S868, W104 6445 9087 S2117 637 6807

S2156, W104 5824 8212 S2117 647 6914

S1092, W104 5203 7336 S2117 643 6871

S1041, W104 4716 6226 S2117 635 7234

S1041, W104 4504 5946 S2117 605 6892

S1565, W104 4820 6363 S2117 578 6584

S1565, W104 4580 6046 S2117 561 6391

S1565, W104 4217 5861 S2117 544 6825

S1565, W104 4112 5716 S2117 544 6825

S1693, W104 3708 5154 Formula, N187 526 6600

P528, W104 3304 4593 S2117 552 6928

+

Japan (thousand JPY/kw)

Page 330: Economics of Photoelectricity - November 13 2012

Source Source UK (£/kw) UK (USD/kw)

S2790

S2790

S2790

S2790

S2790

S2790 5000 9212

S2790

S2790

S2790 3679 5032 S2781,S2783, N175 4274 8554

S2790 3607 5190 S2781,S2783, N175 4018 8040

S2790 3084 4360 S2781,S2783, N175 3502 7008

S2790 2906 3917 S2781,S2783, N175 3120 6244

The Netherlands - (Euro/kw)

The Netherlands - (USD/kw)

Page 331: Economics of Photoelectricity - November 13 2012

Source Source

7750 S2150, S2153

7750 S2150, S2153

7750 S2150, S2153

7750 S2150, S2153

6980 S2150, S2153

S2637 6720 S2150, S2153

6660 S2150, S2153

6420 S2150, S2153

S2767, N175 6390 S2153, S2164

S2767, N175 6420 S2153, S2164

S2767, N175 6140 S2153, S2147

S2767, N175 6180 S2153, S2147

US Residential (USD/kw)

Page 332: Economics of Photoelectricity - November 13 2012

Source Source

1992

1993 9000 13453 S1145

1994 7000 9571 S1145

1995 8000 10797 S1145

1996 8000 10220 S1145

1997 11000 14799 S1145 7000 10763 S1145

1998 12000 19072 S1145 8000 12715 S1145

1999 12000 18604 S1145 8000 12403 S1145

2000 14000 24048 S1145 8000 13742 S1145

2001 14000 27042 S1145 8000 15452 S1145

2002 13000 23908 S1145 7000 12874 S1145

2003 10000 15337 S1145 7000 10736 S1145

2004 12000 16290 S1145 8000 10860 S1145

2005 12000 15741 S1145 8000 10494 S1145

2006 12500 16598 S1145 8500 11286 S2149

2007 12000 14311 S1145 8000 9541 S2149

2008 12000 14078 S1145 8000 9385 S2149

2009 9000 11365 S1145 6000 7576 S2149

2010 6000 6526 S1145 3200 3480 S1145

2011 3900 3776 S1145 2100 2033 S2506

2012

Australia (AUD/kw)

Australia (USD/kw)

Australia - Modules (AUD/kw)

Australia - Modules (USD/kw)

Page 333: Economics of Photoelectricity - November 13 2012

Source Source

7500 6656

7000 6836 S1149 4500 4394 S1149

6000 6977 S1149 3150 3663 S1149

5500 6881 S1149 3650 4566 S1149

5500 6754 S1149 3750 4605 S1149

5400 6869 S1149 3950 5025 S1149

5400 7548 S1149 3950 5521 S1149

5140 7427 S1149 3100 4479 S1149

4370 6156 S1149 2150 3029 S1149

3680 4855 S1149 3700 4882 S1149

2970 4114 S1149 3400 4709 S1149 4127

Austria - System

(Euro/kw)

Austria - System

(USD/kw)

Austria - Modules (Euro/kw)

Austria - Modules (USD/kw)

Belgium - 4 kw (Euro/kw)

Page 334: Economics of Photoelectricity - November 13 2012

Source Source

21000 14136 IEA? 11090 7465

20000 13471 IEA? 10700 7207

9410 6077

7140 4548

6180 4424

14500 11161 IEA? 5530 4257

10000 8258 IEA? 4310 3559

10000 8816 IEA? 5360 4725

8500 7949 IEA? 4470 4180

6500 6133 IEA? 3910 3689

8500 7478 IEA? 3310 2912

5000 4852 IEA? 2270 2203

4600 S2781, S2782, N175 4385 4435 IEA? 1520 1537

Belgium - 4 kw (USD/kw)

Canada (CAD/kw)

Canada (USD/kw)

Canada - Modules (CAD/kw)

Canada - Modules (USD/kw)

Page 335: Economics of Photoelectricity - November 13 2012

Source China (CNY/kw) China (USD/kw) Source Source

S2151, S1140

S1140

S1140

S1140

S1140

S1140

S1140

S1140 56713 7121 P663, S2776 33000 4143 S2776

S1140 52262 6879 P663, S2776 35961 4733 S1141, P665

S1140 41926 6041 P663, S2776 29807 4295 S1141, P665

S1140 35678 5230 P663, S2776 18846 2763 S1141, P665

S1140 25000 3698 S1141 12885 1906 S1141, P665

S1140 17500 2711 S1141 8846 1371 S1141, P665

China - Modules (CNY/kw)

China - Modules (USD/kw)

Page 336: Economics of Photoelectricity - November 13 2012

Source Source

50000 7582 S235

50000 7471 S235

40000 5735 S235

40000 4960 S235 40000 4960 S235

60000 7214 S235 40000 4809 S235

34500 4390 S235 33000 4199 S235

34500 5254 S235 33000 5026 S235

34500 5766 S1142 40000 6685 S235

34500 5764 S1142 40000 6683 S1142

40000 6735 S1142 50000 8419 S1142

36500 6713 S1142 40000 7357 S1142

40000 7890 S1142 35000 6904 S1142

32500 6085 S1142 20000 3744 S1142

25000 4456 S1142 12500 2228 S1142

21500 4018 S1142 10000 1869 S1142

Denmark - System

(DKK/kw)

Denmark - System

(USD/kw)

Denmark - Module (DKK/kw)

Denmark - Module (USD/kw)

Page 337: Economics of Photoelectricity - November 13 2012

Source Source

8600 10940 S1150 5100 6488 S1150

8400 11741 S1150 4800 6709 S1150

8200 11848 S1150 3170 4580 S1150

6900 9720 S1150 2000 2818 S1150

5900 7784 S1150 1660 2190 S1150

3900 5402 S1150 800 1108 S1150

France - System (Euro/kw)

France - System (USD/kw)

France - Modules (Euro/kw)

France - Modules (USD/kw)

Page 338: Economics of Photoelectricity - November 13 2012

Source Source

6964 S1065, N150

6408 S1065, N150

5860 S1065, N150

5428 6227 S1065, W104, N150

5138 5360 S1065, W104, N150 3900 4069 S2287

5428 4957 S1065, W104, N150 3580 3270 N146, S2156

5312 4714 S1065, W104, N150 3530 3133 N146, S2156

4648 4539 S1065, W104, N150 3850 3760 N146, S2156

4216 4902 S1065, W104, N150 3410 3965 N146, S2156

4400 5504 S1065, W104, N150 3300 4128 N146, S2156

4648 5708 S1065, W104, N150 3300 4052 N146, S2156

4537 5771 S1065, W104, N150 3300 4198 N146, S2156

4441 6207 Average, W104 3300 4612 N146, S2156

4262 6158 Average, W104 3300 4768 N146, S2156

3485 4909 Average, W104

2840 3746 Average, W104

2312 3203 Average, W104 1458 1658 Average

Germany <100 kw (Euro/kw)

Germany <100 kw (USD/kw)

Germany - Module (Euro/kw)

Germany - Module (USD/kw)

Page 339: Economics of Photoelectricity - November 13 2012

Source Source Japan (JPY/kw)

4650 S1151 3500

1920

1510

1090

4543 S1151 1062

9300 10669 S1151 1074

8800 9181 939

7750 7078 S1151 4130 3772 S1151 844

7400 6567 4250 3771 ???? 758

7500 7324 S1151 3900 3808 ???? 710

7300 8489 3500 4070 S1151 690

6800 8507 S1151 3300 4128 ???? 675

7000 8596 S1151 3600 4421 S1151 661

7040 8956 683

6500 9085 S1151 3800 5311 S1151 696

6000 8669 S1151 3300 4768 S1151 715

4500 6339 S1151 2200 3099 S1151 613

4000 5277 S1151 1500 1979 S1151 565

3200 4432 S1151 1000 1385 S1151 521

Italy - 3 kw (Euro/kw)

Italy - 3 kw (USD/kw)

Italy - Module (Euro/kw)

Italy - Module (USD/kw)

Page 340: Economics of Photoelectricity - November 13 2012

Japan (USD/kw) Source Source

966 7630 S1148

31503 S2229 950 8551 S1148

18792 S1148 927 9073 S1643, S2146

16063 S1148 764 8127 S1643, S2146

10023 S1148 646 5940 S1643, S2146

8779 S1148 652 5390 S1643, S2146

8211 S1148 674 5153 S1643, S2146 22680

8255 S1148 598 5257 S1643, S2146 11500

7831 S1148 542 5029 S1643, S2146 11200

6240 S1148 481 3959 S1643, S2146 9980

5672 S1148 462 3691 S1643, S2146 12210

5952 S1148 451 3891 S1643, S2146 8450

6242 S1148 441 4078 S1643, S2146 12770

6004 S1148 428 3888 S2146 8040

5873 S1148 433 3723 S2146 8540

5799 S1148 436 3702 S2146 8110

6914 S1148 440 4255 S1148 7600

6551 S1148 402 4296 S1148 6500

6436 S1148 375 4272 S1148 5220

6537 S1148 335 4203 S1148 3650

Japan - Modules (JPY/kw)

Japan - Modules (USD/kw)

Malaysia (USD/kw)

Page 341: Economics of Photoelectricity - November 13 2012

Source Source

8790 S2148, S1153

4690 S2148, S1153

5220 S2148, S1153

5990 S2148, S1153

6460 S2148, S1153

5850 S2148, S1153 7000 5902

8070 S2148, S1153 4600 4113

5070 S2148, S1153 4600 4552

5840 S2148, S1153 4400 4711

4880 S2148, S1153 4000 4320

4410 S2148, S1153 3260 2789

3710 S2148, S1153 5850 4742 ??? 2600 2107

2610 S1153 5060 4405 S1152 2400 2089

1830 S1153 4000 3608 S1152 1400 1263

Malaysia - Modules (USD/kw)

South Korea (KRW/kw)

South Korea (USD/kw)

South Korea - Modules

(KRW/kw)

South Korea - Modules (USD/kw)

Page 342: Economics of Photoelectricity - November 13 2012

Source Source Source

S2155 70000 8683 S1147, N151

S2155 70000 9540 S1147, N151

S2155 70000 9395 S1147, N151

S2155 65000 8823 S1147, N151

S2155 63000 9332 S1147, N151

S2155 61000 9360 S1147, N151

S2155 50000 6575 S1147, N151

S2155 27000 3754 S1147, N151

S1152 19000 2929 S1147, N151 32000 4933 S1147, N151

Sweden (SEK/kw)

Sweden (USD/kw)

Sweden (SEK/kw)

Sweden (USD/kw)

Page 343: Economics of Photoelectricity - November 13 2012

Source Source Source Source

13000 S1143 9277 S1143

13000 S1143 8800 S1143

12500 S1143 9165 S1143

11800 S1143 9999 S1143

11000 S1143 8905 S1143

10400 S1143 7174 S1143

10200 S1143 7048 S1143

10100 S1143 6728 S1143

9900 S1143 5871 S1143

9400 S1143 5577 S1143

9200 S1143 5931 S1143

8400 S1143 6250 S1143

7500 S1143 6043 S1143 4300 S1143

8500 S1143 6835 S1143 4800 S1143

9000 S1143 7184 S1143 5200 S1143

9100 S1143 7588 S1143 5000 S1143

8700 S1143 8056 S1143 5000 S1143

7250 S1143 6693 S1143 3800 S1143

6500 S1143 6247 S1143 3600 S1143

4500 S1143 5092 S1143 2500

Switzerland - Systems (CHF/kw)

Switzerland - Systems (USD/kw)

Switzerland - Modules (CHF/kw)

Page 344: Economics of Photoelectricity - November 13 2012

Source Source Source

3464 S1143

3860 S1143

4151 S1143

4169 S1143

4630 S1143

3508 S1143

3460 S1143

2829 S1143 4149 4624 S2781,S2783, N175

Switzerland - Modules (USD/kw)

The Netherlands -

(Euro/kw)

The Netherlands -

(USD/kw)The Philippines

(USD/kw)

Page 345: Economics of Photoelectricity - November 13 2012

Source UK (£/kw) UK (USD/kw) Source

12000

11500

11000

11000

10500

10000

7100 10765 S2187 9000

7400 10660 S2187 8000

4.7 7.1 S2187 6700 10071 S2187 7750

4.7 7.7 S2187 6850 11199 S2187 7250

4.5 8.2 S2187 6650 12185 S2187 7250

3.9 7.1 S2187 6750 12287 S2187 7250

4.7 8.7 S2187 6450 11884 S2187 8000

4.1 8.2 S2187 5850 11707 S2187 8000

3.8 7.0 S2187 5850 10849 S2187 7750

7750

4660 9327 S2767, N175 6283

1300 Heresay

UK - Modules (£/kw)

UK - Modules (USD/kw)

US Residential (USD/kw)

Page 346: Economics of Photoelectricity - November 13 2012

Source Source Source

S2150 4000

S2150 3750

S2150 4000

S2150 4150

S2150 4000

S2150 3500

S2150 3750

S2150 3500

S2150 3250

S2150 3000

S2150 3500

S2150 3600

S2150 3750

S2150 3750

S2150 3650

S2150 2100

5880 S2150 4240 S2150 1920

Average, S2153 1403

US Commercial+

(USD/kw)US Utility (USD/kw)

US - Module (USD/kw)

Page 347: Economics of Photoelectricity - November 13 2012

Source

S2150

S2150

S2150

S2150

S2150

S2150

S2150

S2150

S2150

S2150

S2150

S2150

S2150

S2150

S2150

S2150

Average, S2150 - DOE

Average, S2153

CW4
Factory gate module prices
CW5
Factory gate module prices
CW6
Factory gate module prices
CW7
Factory gate module prices
CW8
Factory gate module prices
CW9
Factory gate module prices
CW10
Factory gate module prices
CW11
Factory gate module prices
CW12
Factory gate module prices
CW13
Factory gate module prices
CW14
Factory gate module prices
CW15
Factory gate module prices
CW16
Factory gate module prices
CW17
Factory gate module prices
CW18
Factory gate module prices
CW19
Factory gate module prices
CW20
Factory gate module prices
Page 348: Economics of Photoelectricity - November 13 2012

1993

1994

1995

1996

1997 14799

1998 19072 6227 11736

1999 18604 14136 5360 9181

2000 24048 13471 4957 7786

2001 27042 4714 6567

2002 23908 4539 7324

2003 15337 35 4902 8489

2004 16290 11161 35 5504 9358

2005 15741 8258 35 5708 9456

2006 16598 8816 40 5771 8956

2007 14311 7949 37 6207 10010

2008 14078 6133 40 6158 9504

2009 Q1 5525 9870

2009 Q2 5100 9087

2009 Q3 4597 8212

2009 Q4 4416 7336

2009 11365 7478 33 4909 6980

2010 Q1 3810 6226

2010 Q2 3842 5946

2010 Q3 3739 6363

2010 Q4 3594 6046

2010 25 3746 6145

2011 Q1 3526 5861

2011 Q2 3355 5716

2011 Q3 3046 5154

2011 Q4 2884 4593

2011 3203 5331

2012 Q1

2012 Q2

2012 Q3

2012 Q4

*German prices do not include taxes

*Yellow means the data is questionable

Australia (USD/kWp)

Canada (USD/kWp)

China (USD/kWp)

Denmark (???/kWp)

Germany <100 kWp (USD/kWp)

Italy - 3 kWp (USD/kWp)

G7
Systems up to 10 kWp
G8
Systems up to 10 kWp
G9
Systems up to 10 kWp
G10
Systems up to 10 kWp
G11
Systems up to 10 kWp
G12
Systems up to 10 kWp
G13
Systems up to 10 kWp
G14
Systems up to 10 kWp
G17
Systems up to 10 kWp
Page 349: Economics of Photoelectricity - November 13 2012

UK (£/kWp) UK (USD/kWp) US (USD/kWp)

20000 12000

15000 11500

12000 11000

10620 11000

10740 21210 10500

9390 10750 10000

8440 10480 10765 16321 9000

7580 9340 10660 15357 8000

7270 11420 10071 15139 7750

6790 7900 11199 18309 7250

6120 11940 12185 22326 7250

6004 7520 12287 22365 7250

5873 7990 11884 21895 8000

5910 7590 11707 23430 8000

7110 10849 20120 7750

7750

7750

7750

7750

6190 4.74 7750

6980

6720

6660

6420

6584 4.41 6695

6390

6420

6140

6180

6283

2171

Japan (USD/kWp)

Malaysia (USD/kWp)

Netherlands (USD/kWp)

South Korea (USD/kWp)

Page 350: Economics of Photoelectricity - November 13 2012

Australia - Source Canada - Source China - Source Denmark - Source Germany - Source

S1065, N150

S1065, N150

S1065, N150

S1065, W104, N150

S2151 S1065, W104, N150

S2151 S1065, W104, N150

S2151 S1065, W104, N150

S2151 S1065, W104, N150

S2151 S1065, W104, N150

S2151 S2160 S1065, W104, N150

S2151 S2160 S1065, W104, N150

S2149 S2151 S2160 S1065, W104, N150

S2149 S2151 S2160 Average, W104

S2149 S2151 S2160 Average, W104

S2156, W104

S868, W104

S2156, W104

S1092, W104

S2149 S2151 S2160 Average, W104

S1041, W104

S1041, W104

S1565, W104

S1565, W104

S2160 Average, W104

S1565, W104

S1565, W104

S1693, W104

P528, W104

Average, W104

Page 351: Economics of Photoelectricity - November 13 2012

Italy - Source Japan - Source Malaysia - Source UK - Source US - Source

S1643, S2146 S2150

S1643, S2146 S2150

S1643, S2146 S2150

S2165 S1643, S2146 S2150

S2121 S1643, S2146 S2148 S2150

S2121 S1643, S2146 S2148 S2150

S2121, S2165 S1643, S2146 S2148 S2187 S2150

S2121 S1643, S2146 S2148 S2187 S2150

S2121 S1643, S2146 S2148 S2187 S2150

S2121, S2165 S1643, S2146 S2148 S2155 S2187 S2150

S2121 S1643, S2146 S2148 S2155 S2187 S2150

S2121, S2165 S2146 S2148 S2155 S2187 S2150

S2121, S2165 S2146 S2148 S2155 S2187 S2150

S2165 S2146 S2148 S2155 S2187 S2150

S2165 S2148 S2155 S2187 S2150

S2117 S2150, S2153

S2117 S2150, S2153

(Q2+Q4)/2 S2150, S2153

S2117 S2150, S2153

S2165 S2148 S2155 S2150

S2117, S2166 S2150, S2153

S2117, S2166 S2150, S2153

S2117, S2166 S2150, S2153

S2117, S2166 S2150, S2153

2121, Average S2288 S2155 Average, S2150

S2117 S2153, S2164

S2117 S2153, S2164

(Q2+Q4)/2 S2153, S2147

S2117 S2153, S2147

2121, Average Average, S2153

South Korea - Source

Z3
Factory gate module prices
Z4
Factory gate module prices
Z5
Factory gate module prices
Z6
Factory gate module prices
Z7
Factory gate module prices
Z8
Factory gate module prices
Z9
Factory gate module prices
Z10
Factory gate module prices
Z11
Factory gate module prices
Z12
Factory gate module prices
Z13
Factory gate module prices
Z14
Factory gate module prices
Z17
Factory gate module prices
Z22
Factory gate module prices
Z27
Factory gate module prices
Z28
Factory gate module prices
Z29
Factory gate module prices
Z30
Factory gate module prices
Z31
Factory gate module prices
Z32
Factory gate module prices
Z33
Factory gate module prices
Z34
Factory gate module prices
Z35
Factory gate module prices
Z36
Factory gate module prices
Z37
Factory gate module prices
Z38
Factory gate module prices
Z39
Factory gate module prices
Z40
Factory gate module prices
Z41
Factory gate module prices
Page 352: Economics of Photoelectricity - November 13 2012

2008 Q4 14078 6092 11039 10800

2009 Q1 11365 5525 9870 10375

2009 Q2 11365 5100 9087 10011

2009 Q3 11365 4597 8212 9829

2009 Q4 11365 4416 7336 9647

2010 Q1 10000 3810 6226 9581

2010 Q2 9000 3842 5946 9210

2010 Q3 8000 3739 6363 8291

2010 Q4 7000 3594 6046 7370

2011 Q1 3776 3977 3526 5861 4630 6843

2011 Q2 3776 4095 3355 5716 4775 6432

2011 Q3 3776 3501 3046 5154 4011 5606

2011 Q4 3776 3145 2884 4593 3604 4996

Jan-12 3600 3680 2541 4190 4254 3873

Feb-12 3450 2608 2604 3791 2649 3502

Mar-12 3200 2773 2599 3724 2642 3260

Apr-12 3140 2566 2338 3554 2623 2989

May-12 3100 2906 2271 3510 2626 2960

Jun-12 3060 2589 2225 3440 2539 2875

Jul-12 3025 2527 2139 3328 2452 2832

Aug-12 3011 2476 2135 3209 2226 2775

Australia - 3 kW (USD/kw)

Belgium - 4 kW (USD/kw)

Germany <100 kw (USD/kw)

Italy - 3 kw (USD/kw)

The Netherlands - 4 kW (USD/kw)

UK - 4 kW (USD/kw)

Page 353: Economics of Photoelectricity - November 13 2012

7800 S2187

7750 Guesstimate

7750 Guesstimate

7750 Guesstimate

7750 Guesstimate

6980 Guesstimate

6720 S2637

6660 Guesstimate

6420 Guesstimate

6390 S2767

6420 S2767

6140 S2767

6180 S2767

6100 S2767

6000 S2767

5900 S2767

5850 S2767

5800 S2767

5766 S2767

5733 S2767

5700 S2767

US Residential (USD/kw)

2008 Q4

2009 Q2

2009 Q4

2010 Q2

2010 Q4

2011 Q2

2011 Q4

Feb-12

Apr-12

Jun-12

Aug-12

0

2000

4000

6000

8000

10000

12000

14000

16000

Australia - 3 kW (USD/kw)

Belgium - 4 kW (USD/kw)

Germany <100 kw (USD/kw)

Italy - 3 kw (USD/kw)

The Netherlands - 4 kW (USD/kw)

UK - 4 kW (USD/kw)

US Residential (USD/kw)

Page 354: Economics of Photoelectricity - November 13 2012

2008 Q4

2009 Q2

2009 Q4

2010 Q2

2010 Q4

2011 Q2

2011 Q4

Feb-12

Apr-12

Jun-12

Aug-12

0

2000

4000

6000

8000

10000

12000

14000

16000

Australia - 3 kW (USD/kw)

Belgium - 4 kW (USD/kw)

Germany <100 kw (USD/kw)

Italy - 3 kw (USD/kw)

The Netherlands - 4 kW (USD/kw)

UK - 4 kW (USD/kw)

US Residential (USD/kw)

Page 355: Economics of Photoelectricity - November 13 2012

Hi

Italy 9000 S1919

Germany 7500 S1919

China 2900

US 1961 449 in Q3 930 in q4 268

France 1500 S1919

Japan 1296 S1931

Austraila 837 S2485

U.K. 697

Belgium 687 SSSS

Spain 400 S1919

Greece 400

Slovakia 350 S1919

Canada 300 S1919

India 259

Ukraine 140 S1919

ROW 1160 S1919

29387.3

Bulgaria 100

Czech 60

France (overseas) 25 S1934

Tailand+Korea+T 500 S1933

http://www.prweb.com/releases/Solarbuzz/NPD_Group/prweb9135757.htm

http://www.solarserver.com/solar-magazine/solar-news/current/2011/kw50/seia-gtm-report-us-installs-449-mw-of-pv-in-3q-2011-large-csp-plants-expected-in-2012-2013.htmlhttp://www.pv-tech.org/news/npd_solarbuzz_north_american_market_installs_0.93gw_in_q411_and_set_for_60http://www.seia.org/galleries/pdf/SMI-Q2-2011-ES.pdf

http://50.22.9.15/document-downloads/file/51-decc-fit-installations-week-ending-15-jan-2012

http://www.helapco.gr/ims/file/english/New%20Greek%20FiT.pdf

http://cleantechnica.com/2012/02/03/india-crushed-world-in-2011-cleantech-investment-growth/

http://www.smartgridmarketresearch.com/blog/Could_PV_Installations_Really_Have_Reached_26_GW_in_2011

http://www.smartgridmarketresearch.com/blog/Could_PV_Installations_Really_Have_Reached_26_GW_in_2011

Page 356: Economics of Photoelectricity - November 13 2012

Higher

8976 Italy 9280 S2175

7485 Germany 7485 S2168

2900 China 2900

314.3 1800 USA 2600

1600 France 1836 S1934

1291 Japan 1296 S1931

837 Australia 837 S2506

570 U.K. 697

687 Belgium 687 SSSS

350 Spain 400

425 Greece 400 S1919

180 India 355 S1666

340 Slovakia 200 S2018, S2019

300 Canada 330

190 Ukraine 200 S1919

1120 ROW 1160 S1919

29051 30663

http://www.prweb.com/releases/Solarbuzz/NPD_Group/prweb9135757.htm

http://www.seia.org/galleries/pdf/SMI-Q2-2011-ES.pdf http://www.smartgridmarketresearch.com/blog/Could_PV_Installations_Really_Have_Reached_26_GW_in_2011

http://50.22.9.15/document-downloads/file/51-decc-fit-installations-week-ending-15-jan-2012

http://www.helapco.gr/ims/file/english/New%20Greek%20FiT.pdf

http://cleantechnica.com/2012/02/03/india-crushed-world-in-2011-cleantech-investment-growth/ Guess + http://www.clearskyadvisors.com/1243/what-the-flux/#comments

http://www.smartgridmarketresearch.com/blog/Could_PV_Installations_Really_Have_Reached_26_GW_in_2011

http://www.smartgridmarketresearch.com/blog/Could_PV_Installations_Really_Have_Reached_26_GW_in_2011

Page 357: Economics of Photoelectricity - November 13 2012

S2018, S2019

http://www.prweb.com/releases/Solarbuzz/NPD_Group/prweb9135757.htm

http://www.smartgridmarketresearch.com/blog/Could_PV_Installations_Really_Have_Reached_26_GW_in_2011

http://50.22.9.15/document-downloads/file/51-decc-fit-installations-week-ending-15-jan-2012

http://www.helapco.gr/ims/file/english/New%20Greek%20FiT.pdf

Guess + http://www.clearskyadvisors.com/1243/what-the-flux/#comments

Page 358: Economics of Photoelectricity - November 13 2012

Mid-Year Source Notes

Austria 75 Dreams

Belgium 143.2 S2751

Bulgaria 50.0 Dreams

Croatia <1 S2923

Czech 50.0 Dreams

Denmark 100.0 S2772

Estonia

Finland

France 605 S2283 Q3 = 158 MW - S2883

Germany 4373 S2758

Greece 285 S2668, S2675

Hungary

Iceland

Ireland

Italy 848 S2841

Luxembourg

Netherlands 13.3 S2791

Norway

Poland

Portugal 25 S2283, EPIA

Romania

Slovak Republic 15 S2283, EPIA

Slovenia

Spain 196 S2854, S2856

Sweden

Switzerland 75 S2770, S2771

Turkey

UK 400 DECC

Ukraine 150 Dreams

Rest of Europe

Totals 7404

China 2000 S2795 1.3 GW in S2807

India 742 S1108 558

Japan 600 S2627

MEA

Australia 330.48 half of S2732 84 MW in Sep, 96 MW in August, 107 MW in July

Malaysia

Taiwan 50 guess

Thailand 100 S793

South Korea 50 guess

US 1400 GTM probably

Canada

Americas 200 half of epia

Peru

Middle East & Africa 100 half of epia

ROW 400 half of epia

Israel 75 same as 2011

13452

Page 359: Economics of Photoelectricity - November 13 2012

Full year Source Notes

150 S2784

200.0 Guess 384 per S2808

100 100 for full year

up to 15 MW S2923

110 S603 100 to 120 for full year

200 S2773

1250 W121 2 GW per S2807

8000 Guess 7538 per S2807

650 S2798 776 per S2808

3600 S2846 3575 per S2807

30 Guess

560ish

50 S2283, EPIA

50 S2979

30 S2283, EPIA 55 per S2808

50 S2283, EPIA 425 per S2808

150 150+ for full year

4.5 S642

722 SWAG 301 per S2808 - an underestimate

500 S636 42.95 MW plant - Lenardic

400 Guess

16246.5 17 GW using high forecasts

5500 S2795 4926 per S2807

1200 S2875 1847 per S2808

3200 S2743 2450 per S2807 - Mercom

see middle east and africa

S2865 900 S2811 786.6 per S2732

288 Chew

100 Upside 245 per S2808

250 Guess Extra 44 MW from one project, 455 per S2808

300 Seongho Lee 204 per S2808

4300 S2712 3428 per S2807 - Mercom

368 574 per S2808

400 EPIA 506 per S2808

44 S2912

200 EPIA

800 EPIA/Guess 2846 per S2808

150

34246.5 35 to 38 GW using high forecasts

31 GW - IHS, S2910

16.9 GW - HIS

Page 360: Economics of Photoelectricity - November 13 2012

40 through September

56, 40 MW - Lenardic

3625 as of october 15th per S2846

8000 to 10000 Guess

67.25 in Q3 - S1108 214, 40 MW - Lenardic

885 MW in Q3

Page 361: Economics of Photoelectricity - November 13 2012

20% Growth Rate 25% Growth Rate 20% Growth Rate 25% Growth Rate

Total - GW Total - GW $/Watt - Cost $/Watt - Cost

2010 Real 43 43 0.77 0.77

2011 Real 70 70 0.66 0.66

2012E 102 104 0.58 0.58

2013E 141 146 0.53 0.52

2014E 188 199 0.48 0.47

2015E 244 265 0.44 0.43

2016E 311 347 0.41 0.39

2017E 392 450 0.38 0.36

2018E 488 579 0.35 0.33

2019E 605 740 0.33 0.31

2020E 744 941 0.31 0.29

2021E 911 1192 0.29 0.26

2022E 1112 1507 0.27 0.25

2023E 1352 1900 0.25 0.23

2024E 1641 2391 0.24 0.21

2025E 1988 3005 0.22 0.20

Page 362: Economics of Photoelectricity - November 13 2012

Alphabetically OECD OPEC

Afghanistan Australia Algeria

Albania Austria Angola

Algeria Canada Ecuador

American Samoa Belgium Iran

Andorra Chile Iraq

Angola Czech Republic Kuwait

Antigua and Barbuda Denmark Libya

Argentina Estonia Nigeria

Armenia Finland Qatar

Aruba France Saudi Arabia

Australia Germany UAE

Austria Greece Venezuela

Azerbaijan Hungary

Bahamas, The Iceland

Bahrain Ireland

Bangladesh Israel

Barbados Italy

Belarus Japan

Belgium Luxemboug

Belize Mexico

Benin Netherlands

Bermuda New Zealand

Bhutan Norway

Bolivia Poland

Bosnia and Herzegovina Portugal

Botswana South Korea

Brazil Slovak Republic

Brunei Darussalam Slovenia

Bulgaria Spain

Burkina Faso Sweden

Burundi Switzerland

Cambodia Turkey

Cameroon UK

Canada USA

Cape Verde

Cayman Islands

Central African Republic

Chad

Channel IslandsChile

China

Colombia

Comoros

Congo, Dem. Rep.

Congo, Rep.

Costa Rica

Côte d'Ivoire

Croatia

Cuba

Curaçao

CyprusCzech Republic

Denmark

Djibouti

Dominica

Dominican RepublicEcuador

Egypt, Arab Rep.

El Salvador

Equatorial Guinea

EritreaEstonia

Ethiopia

Faeroe Islands

Page 363: Economics of Photoelectricity - November 13 2012

FijiFinland

France

French Polynesia

Gabon

Gambia, The

GeorgiaGermany

GhanaGreece

Greenland

Grenada

Guam

Guatemala

Guinea

Guinea-Bissau

Guyana

Haiti

Honduras

Hong Kong SAR, ChinaHungary

Iceland

India

IndonesiaIran

Iraq

Ireland

Isle of ManIsrael

Italy

JamaicaJapan

Jordan

Kazakhstan

Kenya

Kiribati

Korea, Rep.

KosovoKuwait

Kyrgyz Republic

Lao PDR

Latvia

Lebanon

Lesotho

LiberiaLibya

Liechtenstein

LithuaniaLuxemboug

Macao SAR, China

Macedonia, FYR

Madagascar

Malawi

Malaysia

Maldives

Mali

Malta

Marshall Islands

Mauritania

MauritiusMexico

Micronesia, Fed. Sts.

Moldova

Monaco

Mongolia

Page 364: Economics of Photoelectricity - November 13 2012

Montenegro

Morocco

Mozambique

Myanmar

Namibia

NepalNetherlands

New CaledoniaNew Zealand

Nicaragua

NigerNigeria

Northern Mariana IslandsNorway

Oman

Pakistan

Palau

Panama

Papua New Guinea

Paraguay

Peru

PhilippinesPoland

Portugal

Puerto RicoQatar

RomaniaRussia

Rwanda

Samoa

San Marino

São Tomé and PrincipeSaudi Arabia

Senegal

Serbia

Seychelles

Sierra Leone

Singapore

Sint Maarten (Dutch part)Slovak Republic

Slovenia

Solomon Islands

SomaliaSouth Africa

South Korea

South SudanSpain

Sri Lanka

St. Kitts and Nevis

St. Lucia

St. Martin (French part)

St. Vincent and the Grenadines

Sudan

Suriname

SwazilandSweden

Switzerland

Syrian Arab Republic

Tajikistan

Tanzania

Thailand

Timor-Leste

Togo

Tonga

Trinidad and Tobago

Page 365: Economics of Photoelectricity - November 13 2012

TunisiaTurkey

Turkmenistan

Turks and Caicos Islands

TuvaluUAE

UgandaUK

Ukraine

UruguayUSA

Uzbekistan

VanuatuVenezuela

Vietnam

Virgin Islands (U.S.)

West Bank and Gaza

Yemen, Rep.

Zambia

Zimbabwe

Page 366: Economics of Photoelectricity - November 13 2012

BRICS East Asia South Asia

Brazil China BangladeshRussia Hong Kong BhutanIndia Japan IndiaChina Macau MaldivesSouth Africa Mongolia Nepal

North Korea Pakistan

South Korea Sri Lanka

Taiwan

Page 367: Economics of Photoelectricity - November 13 2012

Southeast Asia Western Asia

Brunei Armenia

Burma Azerbaijan

Cambodia Bahrain

East Timor Cyprus

Indonesia Georgia

Laos Iraq

Malaysia Israel

Philippines Jordan

Singapore Kuwait

Thailand Lebenon

Vietnam Oman

Qatar

Saudi Arabia

Syria

Turkey

United Arab Emirates

Yemen

Page 368: Economics of Photoelectricity - November 13 2012

ACT Source Source NSW

Up to Start of 2011 7 S2516 181 S2516 174

Through August 2011 19 S2516 346 S2516 327

End of February 2012 461 S2495

436

Sometimes ACT is aggregated with NSW, sometimes it isn't. Keeping track of both sets of stats for now

NSW (includes ACT)

Page 369: Economics of Photoelectricity - November 13 2012

Source NT Source Queensland Source SA

S2516 2 S2516 119 S2516 53

S2516 3 S2516 255 S2516 129

427 S2495 267

S2681 5 S2681 475 S2681 254

Page 370: Economics of Photoelectricity - November 13 2012

Source Tasmania Source Victoria Source WA

S2516 5 S2516 75 S2516 58

S2516 8 S2516 151 S2516 139

S2495 12 S2495 288 S2495

S2681 16 S2681 267 S2681 219

Page 371: Economics of Photoelectricity - November 13 2012

Source

S2516

S2516

S2681

Page 372: Economics of Photoelectricity - November 13 2012

MW Source

Jan-11 16.2 S2750

Feb-11 22.2 S2750

Mar-11 69.7 S2750

Apr-11 103.0 S2750

May-11 133.4 S2750

Jun-11 116.3 S2750

Jul-11 112.0 S2750

Aug-11 118.1 S2750

Sep-11 110.0 S2750

Oct-11 97.0 S2750

Nov-11 54.7 S2750

Dec-11 33.4 S2750

Jan-12 33.6 S2750

Q1 2012 84.0 S2751

Q2 2012 59.2 S2751

Jul-12 9.1 S2751

Page 373: Economics of Photoelectricity - November 13 2012

Region MW Source

40.3 S2772

13.8 S2772

31.6 S2772

18.6 S2772

12.7 S2772

Total 117.1

 Midtjylland

 Nordjylland

 Syd

 Sjælland

 Hovedstaden

Page 374: Economics of Photoelectricity - November 13 2012

Quarterly Growth Cumulative MW Source

Up to June 2011 1676 S2748

Q3 2011 557 2233 S2748

Q4 2011 411 2644 S2748

Q1 2012 368 3012 S2748

Q2 2012 277 3289 S2748

Page 375: Economics of Photoelectricity - November 13 2012

<1 kW 1 kW < X < 5 kW 5 kW < X < 10 kW 10 kW < X < 15 kW 15 kW < X < 30 kW

Jan-09 0.0 0.3 1.1 0.5 0.3

Feb-09 0.0 1.1 4.2 2.8 3.7

Mar-09 0.0 2.8 11.6 7.6 14.7

Apr-09 0.0 4.2 19.7 14.3 31.5

May-09 0.0 Ger 22.2 17.0 40.0

Jun-09 0.0 5.6 27.9 23.1 54.2

Jul-09 0.0 7.2 36.5 31.9 72.4

Aug-09 0.0 7.2 37.5 30.4 79.8

Sep-09 0.0 7.9 42.0 35.5 88.2

Oct-09 0.0 8.7 47.0 40.3 100.0

Nov-09 0.0 10.8 56.4 47.7 122.2

Dec-09 0.1 17.2 89.5 80.2 253.4

Jan-10 0.0 3.2 14.8 12.9 44.5

Feb-10 0.0 3.1 16.9 13.5 32.2

Mar-10 0.0 8.0 45.8 37.7 86.7

Apr-10 0.0 8.4 50.2 44.9 123.6

May-10 0.0 9.8 58.2 53.1 144.6

Jun-10 0.0 23.5 137.0 132.5 406.1

Jul-10 0.0 8.0 43.2 40.5 126.0

Aug-10 0.0 5.4 29.0 25.3 61.7

Sep-10 0.0 13.3 70.3 59.2 140.2

Oct-10 0.0 6.0 31.5 26.1 63.3

Nov-10 0.0 6.6 33.3 27.0 57.9

Dec-10 0.0 10.2 52.7 42.8 125.3

Jan-11 0.0 2.6 11.6 10.5 29.9

Feb-11 0.0 2.1 8.9 6.2 16.3

Mar-11 0.0 3.9 17.3 12.3 26.6

Apr-11 0.0 5.5 25.1 20.9 42.5

May-11 0.0 11.6 53.3 39.0 80.7

Jun-11 0.0 16.7 77.3 58.1 117.5

Jul-11 0.0 12.1 56.1 43.9 94.9

Aug-11 0.0 9.8 45.5 36.1 66.5

Sep-11 0.0 10.5 52.5 42.4 70.6

Oct-11 0.0 11.5 58.6 48.9 78.9

Nov-11 0.0 15.6 82.6 68.9 120.4

Dec-11 0.1 28.7 141.6 126.9 300.8

Jan-12 0.0 5.6 27.5 23.6 59.9

Feb-12 0.0 4.5 21.4 17.1 37.5

Mar-12 0.0 19.7 106.6 87.8 203.4

Apr-12 0.0 6.3 32.6 25.8 61.5

May-12 0.0 4.8 25.1 16.5 39.0

Jun-12 0.0 6.8 34.9 21.8 61.3

Jul-12 0.0 7.4 38.6 20.5 39.5

Aug-12 0.0 8.0 46.9 21.4 39.9

Sep-12 0.0 9.2 53.5 24.0 43.0

2009 0.2 73.0 395.5 331.3 860.6

2010 0.2 105.5 582.6 515.6 1412.1

2011 0.2 130.5 630.4 514.1 1045.5

2012 0.1 72.3 387.1 258.6 585.1

Total 0.6 345.1 1895.1 1574.3 3820.4

0% 1% 8% 7% 16%

Page 376: Economics of Photoelectricity - November 13 2012

30 kW < X < 50 kW 50 kW < X < 100 kW 100 kW < X < 500 kW

0.2 0.3 0.0 0.0 0.0

1.8 1.4 1.1 0.0 0.0

7.3 5.7 4.8 0.6 0.0

15.4 11.1 6.7 1.5 4.9

19.0 15.5 10.8 5.1 2.3

23.7 21.0 12.0 0.5 26.7

32.9 32.1 24.0 9.0 25.5

34.5 32.6 25.5 5.1 32.9

38.4 40.9 31.5 7.8 34.8

45.0 45.4 39.9 13.6 31.5

52.9 57.6 50.7 16.6 31.1

136.0 195.4 237.0 131.6 178.4

24.5 35.9 46.2 10.2 30.0

16.5 21.0 28.8 12.7 18.5

33.8 45.0 33.3 8.1 25.7

51.5 65.9 60.9 12.0 29.7

62.2 85.2 75.3 26.8 41.1

202.3 321.4 390.4 138.0 275.9

65.6 108.2 131.4 38.9 90.4

27.5 48.7 65.0 25.6 44.2

64.0 101.0 116.0 27.3 33.4

28.7 46.7 57.4 15.9 53.0

24.4 35.1 41.4 16.0 73.3

73.6 131.4 201.2 76.5 271.3

16.6 32.4 45.5 14.8 50.7

10.1 16.1 23.3 7.4 9.2

12.0 18.6 30.7 9.2 9.7

18.1 24.2 30.1 9.2 16.3

32.4 45.0 48.6 19.5 24.4

54.8 85.1 115.9 39.1 51.7

44.8 77.1 97.8 25.2 64.0

30.7 51.9 67.1 27.4 67.3

29.0 41.5 55.6 16.4 93.1

27.8 40.8 46.3 17.7 86.7

43.9 64.1 86.0 37.2 82.8

148.1 294.6 513.2 212.6 575.6

31.4 55.6 97.2 32.0 104.3

16.2 30.2 49.6 12.8 40.5

78.2 163.4 287.7 90.2 119.2

21.9 45.1 78.3 29.8 23.7

13.6 25.8 46.3 7.6 27.3

36.5 93.1 283.2 157.3 553.5

18.8 42.2 96.1 46.1 102.8

15.5 29.4 47.0 14.1 41.3

13.7 29.5 59.1 35.7 196.9

407.2 459.0 444.2 191.5 368.0

674.6 1045.7 1247.4 408.2 986.7

468.4 791.4 1160.1 435.7 1131.5

245.7 514.4 1044.6 425.7 1209.5

1766.6 2751.6 3790.1 1411.3 3457.7

7% 12% 16% 6% 15%

500 kW < X < 1000 kW

1000 kW < X < 5000 kW

Page 377: Economics of Photoelectricity - November 13 2012

> 5000 kW Total Source

0.0 2.8 S2063 Jan-09

0.0 16.2 S2063 Feb-09

0.0 55.3 S2063 Mar-09

5.8 115.1 S2063 Apr-09

13.5 145.4 S2063 May-09

11.2 205.8 S2063 Jun-09

35.9 307.4 S2063 Jul-09

5.6 291.2 S2063 Aug-09

0.0 326.9 S2063 Sep-09

7.3 378.7 S2064 Oct-09

57.4 503.5 S2064 Nov-09

129.8 1448.6 S2064 Dec-09

0.0 222.2 S2065 Jan-10

0.0 163.3 S2065 Feb-10

7.1 331.4 S2065 Mar-10

6.9 454.0 S2065 Apr-10

16.8 573.2 S2065 May-10

81.8 2108.9 S2062 Jun-10

10.7 663.1 S2062 Jul-10

30.9 363.4 S2062 Aug-10

29.7 654.4 S2062 Sep-10

6.3 334.9 S2061 Oct-10

50.5 365.4 S2061 Nov-10

158.5 1143.5 S2061 Dec-10

51.4 266.1 S2056 Jan-11

0.0 99.7 S2056 Feb-11

7.1 147.4 S2056 Mar-11

7.2 198.9 S2056 Apr-11

16.2 370.7 S2056 May-11

14.2 630.3 S2055 Jun-11

55.8 571.8 S2055 Jul-11

210.3 612.6 S2055 Aug-11

48.0 459.7 S2055 Sep-11

68.5 485.6 S2167 Oct-11

57.7 659.3 S2167 Nov-11

641.0 2983.1 S2168 Dec-11

79.4 516.6 S2514 Jan-12

0.0 229.9 S2514 Feb-12

66.5 1222.8 S2514 Mar-12

33.9 359.0 S2514 Apr-12

48.3 254.2 S2667 May-12

542.5 1790.9 S2667 Jun-12

131.1 543.2 S2758 Jul-12

66.0 329.4 S2838 Aug-12

516.2 980.8 S2913 Sep-12

266.4 3796.8 2009

399.1 7377.7 2010

1177.4 7485.2 2011

1483.9 6226.9 6226.9 2012

2744.6 23576.4 23557.4 Total

12% 1.0

Page 378: Economics of Photoelectricity - November 13 2012

Monthly All Sizes Cummulative Source

Jan-09

Feb-09

Mar-09

Apr-09

May-09

Jun-09

Jul-09

Aug-09

Sep-09

Oct-09

Nov-09

Dec-09

Jan-10

Feb-10

Mar-10

Apr-10

May-10

Jun-10

Jul-10

Aug-10

Sep-10

Oct-10

Nov-10

Dec-10

Jan-11 163 S2671

Feb-11 26 189 S2671

Mar-11 19 208 S2671

Apr-11 12 220 S2671

May-11 16 236 S2671

Jun-11 21 257 S2671

Jul-11 23 280 S2671

Aug-11 21 301 S2671

Sep-11 26 327 S2671

Oct-11 32 359 S2671

Nov-11 41 400 S2671

Dec-11 39 439 S2671

Jan-12 101 43 482 S2668

Feb-12 11 112 22 504 S2668

Mar-12 14 126 31 535 S2668

Apr-12 12 138 39 574 S2668

May-12 20 159 53 627 S2668

Jun-12 20 179 97 724 S2675

Jul-12 25 204 77 801 S2798, S2920

Aug-12 20 224 136 937 S2920

Sep-12 20 244 37 974 S2920

Monthly <10 kW

Cummulative < 10 kW

Page 379: Economics of Photoelectricity - November 13 2012

Source

4.84 S2668

4.4 S2668

4.58 S2668

4.03 S2668

4.42 S2668

4.93 S2668

5.79 S2668

5.1 S2668

4.46 S2668

4.33 S2668

4.26 S2668

4.61 S2668

4.95 S2668

4.37 S2668

4.55 S2668

4.18 S2668

4.53 S2668

4.79 S2668

5.61 S2668

5.77 S2668

4.46 S2668

4.39 S2668

4.3 S2668

4.82 S2668

4.92 S2668

4.47 S2668

4.71 S2668

4.16 S2668

4.31 S2668

4.6 S2668

5.97 S2668

5.39 S2668

4.82 S2668

4.4 S2668

4.64 S2668

4.86 S2668

0.045 S2920 5.14 S2668

0.038 S2920 4.61 S2668

0.062 S2920 4.54 S2668

0.068 S2920 3.86 S2668

0.080 S2920 4.18 S2668

0.162 S2920 4.91 S2675

0.117 S2920

0.123 S2920

0.128 S2920

Photoelectricty Generated (GWh)

Electricity Consumption

(TWh)

Page 380: Economics of Photoelectricity - November 13 2012

MW < 3 kW < 20 kW < 200 kW < 1 MW

2006 2 S2752 5 S2752

2007 3 S2752 23 S2752 17 S2752 22

2008 31 S2752 84 S2752 95 S2752 115

2009 46 S2752 150 S2752 162 S2752 257

2010 81 S2752 368 S2752 427 S2752 836

2011 136 S2752 804 S2752 1776 S2752 4265

Through October - 2012??? 397 S2752 1961 S2752 3307 S2752 6559

Page 381: Economics of Photoelectricity - November 13 2012

< 5 MW > 5 MW Total

9 S2752

S2752 88 S2752

S2752 14 S2752 338 S2752

S2752 74 S2752 30 S2752 720 S2752

S2752 286 S2752 324 S2752 2321 S2752

S2752 1507 S2752 958 S2752 9446 S2998

S2752 1936 S2752 1376 S2752 15537 S2998

Page 382: Economics of Photoelectricity - November 13 2012

Weekly Installed Capacity

Week ending Total Total* < 4 kW < 4 kW*

Sunday, July 19, 2009 47 33

Sunday, July 26, 2009 88 47

Sunday, August 2, 2009 65 48

Sunday, August 9, 2009 102 59

Sunday, August 16, 2009 91 41

Sunday, August 23, 2009 96 57

Sunday, August 30, 2009 176 83

Sunday, September 6, 2009 138 71

Sunday, September 13, 2009 79 52

Sunday, September 20, 2009 89 62

Sunday, September 27, 2009 130 93

Sunday, October 4, 2009 227 125

Sunday, October 11, 2009 114 94

Sunday, October 18, 2009 125 109

Sunday, October 25, 2009 120 97

Sunday, November 1, 2009 122 98

Sunday, November 8, 2009 155 123

Sunday, November 15, 2009 138 110

Sunday, November 22, 2009 186 154

Sunday, November 29, 2009 129 99

Sunday, December 6, 2009 209 131

Sunday, December 13, 2009 146 133

Sunday, December 20, 2009 258 152

Sunday, December 27, 2009 116 80

Sunday, January 3, 2010 279 249

Sunday, January 10, 2010 57 57

Sunday, January 17, 2010 134 97

Sunday, January 24, 2010 205 193

Sunday, January 31, 2010 239 189

Sunday, February 7, 2010 231 186

Sunday, February 14, 2010 294 206

Sunday, February 21, 2010 302 232

Sunday, February 28, 2010 301 259

Sunday, March 7, 2010 412 359

Sunday, March 14, 2010 370 282

Sunday, March 21, 2010 523 372

Sunday, March 28, 2010 551 422

Sunday, April 4, 2010 589 450

Sunday, April 11, 2010 433 350

Sunday, April 18, 2010 525 482

Sunday, April 25, 2010 698 583

Sunday, May 2, 2010 728 634

Sunday, May 9, 2010 902 692

Sunday, May 16, 2010 1015 950

Sunday, May 23, 2010 952 842

Sunday, May 30, 2010 1108 921

Sunday, June 6, 2010 882 782

Sunday, June 13, 2010 1076 930

Sunday, June 20, 2010 1173 1088

Sunday, June 27, 2010 1047 914

Sunday, July 4, 2010 1056 1010

Sunday, July 11, 2010 1126 1032

Sunday, July 18, 2010 1436 1329

Sunday, July 25, 2010 1281 1190

Sunday, August 1, 2010 1414 1234

Sunday, August 8, 2010 1375 1221

Sunday, August 15, 2010 1239 1081

Sunday, August 22, 2010 1431 1271

Sunday, August 29, 2010 1436 1348

Sunday, September 5, 2010 1297 1209

Sunday, September 12, 2010 1751 1523

Sunday, September 19, 2010 1671 1556

Sunday, September 26, 2010 1881 1665

Page 383: Economics of Photoelectricity - November 13 2012

Sunday, October 3, 2010 1818 1616

Sunday, October 10, 2010 1930 1780

Sunday, October 17, 2010 2074 1894

Sunday, October 24, 2010 2269 2008

Sunday, October 31, 2010 2125 2006

Sunday, November 7, 2010 2184 2042

Sunday, November 14, 2010 2573 2232

Sunday, November 21, 2010 2517 2323

Sunday, November 28, 2010 2642 2380

Sunday, December 5, 2010 1785 1577

Sunday, December 12, 2010 2359 2241

Sunday, December 19, 2010 2769 2619

Sunday, December 26, 2010 1231 1104

Sunday, January 2, 2011 366 282

Sunday, January 9, 2011 1668 1509

Sunday, January 16, 2011 2906 2636

Sunday, January 23, 2011 2875 2584

Sunday, January 30, 2011 3217 2764

Sunday, February 6, 2011 2910 2672

Sunday, February 13, 2011 3106 2764

Sunday, February 20, 2011 3200 2890

Sunday, February 27, 2011 3518 3011

Sunday, March 6, 2011 3740 3298

Sunday, March 13, 2011 3860 3609

Sunday, March 20, 2011 4144 3839

Sunday, March 27, 2011 4462 3964

Sunday, April 3, 2011 4537 3995

Sunday, April 10, 2011 4616 4236

Sunday, April 17, 2011 4904 4308

Sunday, April 24, 2011 4525 4016

Sunday, May 1, 2011 3194 2893

Sunday, May 8, 2011 4266 3746

Sunday, May 15, 2011 4928 4374

Sunday, May 22, 2011 5727 5033

Sunday, May 29, 2011 5777 5359

Sunday, June 5, 2011 4925 4534

Sunday, June 12, 2011 6214 5653

Sunday, June 19, 2011 6551 5833

Sunday, June 26, 2011 6770 6158

Sunday, July 3, 2011 7109 6313

Sunday, July 10, 2011 7636 6784

Sunday, July 17, 2011 7896 7071

Sunday, July 24, 2011 8395 7207

Sunday, July 31, 2011 9346 7856

Sunday, August 7, 2011 9047 8207

Sunday, August 14, 2011 10100 8590

Sunday, August 21, 2011 10266 9161

Sunday, August 28, 2011 11105 9833

Sunday, September 4, 2011 9236 8255

Sunday, September 11, 2011 11303 10122

Sunday, September 18, 2011 12728 11084

Sunday, September 25, 2011 13555 12223

Sunday, October 2, 2011 13943 12657

Sunday, October 9, 2011 13564 12470

Sunday, October 16, 2011 14850 13517

Sunday, October 23, 2011 16182 14497

Sunday, October 30, 2011 17013 15179

Sunday, November 6, 2011 22461 19764

Sunday, November 13, 2011 31536 28051

Sunday, November 20, 2011 44454 38769

Sunday, November 27, 2011 59038 49372

Sunday, December 4, 2011 97476 72636

Sunday, December 11, 2011 124821 79230

Sunday, December 18, 2011 2937 2746

Sunday, December 25, 2011 3174 2790

Page 384: Economics of Photoelectricity - November 13 2012

Sunday, January 1, 2012 411 401

Sunday, January 8, 2012 2872 2713

Sunday, January 15, 2012 4966 4671

Sunday, January 22, 2012 5829 5511

Sunday, January 29, 2012 7360 10,532 6757 8,778

Sunday, February 5, 2012 10534 11,448 9562 9,678

Sunday, February 12, 2012 16700 17,154 14947 15,258

Sunday, February 19, 2012 30400 25,821 24799 22,477

Sunday, February 26, 2012 57139 52,705 43028 39,680

Sunday, March 4, 2012 99129 123,388 56809 74,460

Sunday, March 11, 2012 5528 5,224 5138 4,465

Sunday, March 18, 2012 9675 9,647 8719 8,190

Sunday, March 25, 2012 15473 14,524 13551 13,312

Sunday, April 1, 2012 33128 41,635 23670 30,544

Sunday, April 8, 2012 2639 3,620 2265 2,827

Sunday, April 15, 2012 2774 3,825 2702 3,130

Sunday, April 22, 2012 4756 5,308 4100 4,342

Sunday, April 29, 2012 5312 5,911 4547 4,876

Sunday, May 6, 2012 6126 6,726 5190 5,397

Sunday, May 13, 2012 5875 6,941 5060 5,074

Sunday, May 20, 2012 8060 8,452 6919 7,244

Sunday, May 27, 2012 8549 9,761 7220 7,876

Sunday, June 3, 2012 10438 9,889 8068 7,847

Sunday, June 10, 2012 7177 7,007 5836 5,645

Sunday, June 17, 2012 11912 11,347 9294 9,300

Sunday, June 24, 2012 12879 13,448 10068 10,363

Sunday, July 1, 2012 15052 15,770 11365 11,528

Sunday, July 8, 2012 14888 15,070 10777 10,965

Sunday, July 15, 2012 18512 18,510 13579 13,177

Sunday, July 22, 2012 26519 25,530 18477 17,837

Sunday, July 29, 2012 46982 52,556 26875 31,671

Sunday, August 5, 2012 16411 21,843 7040 10,628

Sunday, August 12, 2012 2184 2,710 1907 1,971

Sunday, August 19, 2012 2490 2,786 2172 2,465

Sunday, August 26, 2012 2536 3,330 2259 2,929

September-02-12 2689 3,314 2388 2,734

September-09-12 2229 4,295 1952 3,650

September-16-12 3,988 3,485

September-23-12 4,124 3,523

September-30-12 4,591 4,053

Sunday, October 7, 2012 4,397 3,828

Sunday, October 14, 2012 6,139 5,009

October-21-12 7,087 5,774

October-28-12 13,825 9,849

November-07-12 13,175 8,694

The latest week will always be provisional (p) because revisions will be made in the next published table as a result of additional installations being registered on the MCS database.

*The counting methodology changed in mid-September. I'm keeping the legacy numbers for now.

Page 385: Economics of Photoelectricity - November 13 2012

Cumulative Capacity

4 to 10 kW 4 to 10 Kw* 10 to 50 kW 10 to 50 kW* Total TotalI

14 0 47

20 21 135

17 0 200

0 43 302

13 37 393

38 0 489

34 59 665

0 67 803

0 27 881

8 19 970

11 27 1100

41 61 1328

21 0 1442

0 16 1567

8 15 1687

14 10 1809

22 10 1964

28 0 2103

8 24 2288

9 22 2417

0 78 2627

13 0 2772

19 87 3030

26 10 3146

30 0 3425

0 0 3481

9 28 3615

0 12 3820

34 16 4059

45 0 4289

39 50 4584

60 10 4886

19 23 5187

54 0 5599

56 32 5969

78 72 6491

27 101 7042

63 76 7630

55 28 8064

43 0 8589

32 82 9287

37 57 10015

99 111 10917

42 23 11932

71 39 12883

56 130 13991

44 57 14873

71 76 15949

44 42 17123

118 15 18170

46 0 19226

83 12 20352

45 62 21788

63 28 23069

125 55 24484

69 84 25858

57 101 27098

100 60 28529

57 32 29965

45 43 31262

131 96 33012

27 88 34683

56 161 36565

Page 386: Economics of Photoelectricity - November 13 2012

80 122 38383

81 69 40312

55 125 42386

157 104 44656

66 53 46781

87 55 48964

136 204 51537

82 111 54054

131 132 56696

57 152 58481

75 43 60840

96 54 63609

79 48 64840

28 56 65207

127 32 66875

130 140 69780

153 138 72655

222 232 75873

114 124 78783

146 196 81889

151 158 85088

195 312 88607

315 127 92347

93 158 96207

200 105 100350

259 240 104813

259 282 109350

204 175 113965

359 237 118869

158 351 123395

173 128 126588

228 293 130855

279 275 135783

335 359 141510

210 208 147287

218 173 152212

166 395 158426

359 358 164977

333 278 171747

291 505 178856

422 430 186492

272 553 194388

379 809 202783

310 1180 212129

299 542 221177

463 1046 231276

450 655 241542

539 733 252647

384 598 261883

342 839 273186

406 1239 285914

421 911 299469

448 839 313412

422 672 326976

471 862 341826

447 1238 358008

601 1233 375021

871 1826 397482

1004 2481 429017

1704 3981 473471

3051 6614 532509

6194 18646 629985

10201 35389 754806

41 150 757743

62 321 760917

Page 387: Economics of Photoelectricity - November 13 2012

10 0 761328

18 141 764200

99 197 769166

116 202 774995 727,470

271 578 332 1,177 782354 738,003

326 461 646 1,309 792888 749,451

421 485 1332 1,410 809588 766,604

1053 898 4548 2,447 839988 792,426

2717 2,623 11394 10,401 897127 845,131

6119 7,340 36200 41,588 996256 968,519

159 270 231 489 1001783 973,742

256 307 700 1,150 1011459 983,390

387 469 1535 743 1026932 997,914

1454 1,647 8003 9,444 1060060 1,039,548

20 215 355 578 1062699 1,043,168

41 109 30 585 1065473 1,046,993

95 263 561 703 1070229 1,052,301

159 241 607 793 1075541 1,058,212

155 193 782 1,135 1081668 1,064,938

191 350 624 1,517 1087543 1,071,879

327 324 814 884 1095602 1,080,331

270 362 1060 1,523 1104152 1,090,091

471 318 1899 1,724 1114590 1,099,981

237 157 1104 1,205 1121767 1,106,988

398 362 2219 1,685 1133679 1,118,335

358 549 2454 2,536 1146558 1,131,783

638 640 3049 3,602 1161610 1,147,553

583 631 3528 3,474 1176499 1,162,623

793 798 4140 4,535 1195011 1,181,133

1384 1,394 6658 6,299 1221530 1,206,663

3196 3,328 16912 17,557 1268512 1,259,219

1086 1,445 8285 9,771 1284923 1,281,062

95 126 181 613 1287107 1,283,772

93 127 225 194 1289596 1,286,558

123 157 154 244 1292133 1,289,888

63 81 238 498 1294822 1,293,202

68 235 209 410 1297051 1,297,497

140 363 1,301,485

172 428 1,305,609

146 392 1,310,200

149 420 1,314,597

221 909 1,320,736

240 1,073 1,327,823

633 3,343 1,341,648

822 3,659 1,354,823

The latest week will always be provisional (p) because revisions will be made in the next published table as a result of additional installations being registered on the MCS database.

Page 388: Economics of Photoelectricity - November 13 2012

< 4 kW < 4 kW* 4 to 10 kW 4 to 10 kW* 10 to 50 kW 10 to 50 kW*

33 14 0

80 34 21

128 51 21

188 51 64

229 63 101

286 102 101

369 136 160

440 136 227

492 136 254

554 143 273

647 154 299

772 196 360

866 216 360

975 216 376

1071 224 392

1169 238 402

1293 260 412

1403 288 412

1557 296 436

1656 304 457

1787 304 536

1920 317 536

2071 336 622

2151 362 633

2400 392 633

2457 392 633

2554 401 661

2747 401 673

2936 434 688

3122 479 688

3328 518 739

3560 577 749

3820 596 771

4178 649 771

4460 705 803

4832 783 876

5254 811 977

5704 874 1053

6054 929 1081

6536 972 1081

7120 1004 1163

7754 1041 1220

8446 1141 1330

9396 1182 1353

10238 1253 1392

11159 1310 1523

11940 1354 1579

12870 1424 1655

13958 1468 1697

14871 1586 1712

15881 1632 1712

16913 1715 1724

18242 1760 1786

19432 1823 1814

20666 1948 1869

21888 2017 1953

22969 2075 2054

24240 2175 2115

25587 2232 2146

26796 2277 2189

28319 2408 2285

29876 2434 2373

31540 2490 2534

Page 389: Economics of Photoelectricity - November 13 2012

33156 2570 2656

34936 2651 2725

36830 2706 2850

38838 2863 2955

40845 2929 3008

42886 3015 3063

45118 3151 3267

47441 3234 3379

49821 3365 3510

51398 3421 3662

53639 3496 3705

56258 3592 3760

57362 3671 3807

57644 3699 3864

59154 3826 3896

61790 3955 4035

64374 4109 4173

67138 4330 4405

69809 4445 4529

72573 4591 4725

75462 4743 4883

78474 4937 5196

81772 5252 5322

85381 5345 5481

89220 5545 5585

93183 5804 5825

97179 6064 6107

101415 6268 6283

105723 6627 6520

109739 6785 6871

112632 6958 6999

116377 7185 7292

120751 7465 7567

125784 7800 7926

131144 8009 8134

135678 8228 8307

141331 8394 8702

147164 8753 9060

153323 9086 9338

159636 9376 9843

166420 9798 10273

173492 10070 10826

180699 10449 11635

188555 10759 12815

196762 11058 13357

205352 11521 14403

214513 11971 15058

224345 12510 15791

232601 12894 16389

242723 13236 17227

253807 13641 18466

266030 14062 19377

278686 14510 20215

291156 14932 20888

304673 15404 21750

319170 15851 22987

334349 16452 24221

354112 17323 26047

382164 18326 28528

420932 20030 32509

470305 23081 39123

542940 29276 57769

622170 39477 93158

624917 39518 93308

627707 39580 93630

Page 390: Economics of Photoelectricity - November 13 2012

628108 39590 93630

630821 39608 93771

635492 39706 93968

641002 608,052 39823 36,369 94170 83,050

647759 616,829 40093 36,946 94502 84,227

657321 626,507 40419 37,408 95147 85,536

672269 641,765 40840 37,893 96479 86,946

697067 664,242 41893 38,791 101027 89,393

740095 703,922 44611 41,414 112422 99,795

796904 778,382 50730 48,754 148622 141,382

802042 782,847 50888 49,024 148853 141,871

810761 791,037 51145 49,331 149553 143,021

824312 804,349 51532 49,801 151088 143,764

847982 834,893 52986 51,447 159091 153,208

850247 837,720 53006 51,662 159446 153,786

852949 840,850 53047 51,771 159476 154,371

857049 845,193 53143 52,034 160037 155,074

861596 850,069 53301 52,276 160644 155,867

866786 855,466 53456 52,469 161425 157,003

871847 860,540 53647 52,819 162049 158,520

878765 867,784 53974 53,143 162863 159,404

885985 875,661 54244 53,504 163923 160,926

894053 883,507 54715 53,823 165822 162,651

899890 889,152 54952 53,980 166926 163,856

909184 898,452 55350 54,342 169145 165,541

919251 908,814 55708 54,891 171598 168,077

930617 920,342 56347 55,531 174647 171,680

941394 931,308 56930 56,162 178175 175,153

954973 944,485 57723 56,960 182315 179,688

973450 962,322 59107 58,354 188973 185,987

1000325 993,993 62303 61,682 205884 203,544

1007365 1,004,621 63389 63,127 214170 213,315

1009272 1,006,592 63484 63,252 214351 213,928

1011443 1,009,057 63577 63,379 214576 214,122

1013702 1,011,986 63701 63,536 214730 214,366

1016091 1,014,720 63763 63,617 214968 214,865

1018042 1,018,370 63831 63,852 215177 215,274

1,021,856 63,992 215,637

1,025,379 64,164 216,066

1,029,432 64,309 216,458

1,033,260 64,459 216,878

1,038,269 64,679 217,788

1,044,043 64,920 218,861

1,053,892 65,553 222,204

1,062,585 66,374 225,864

Page 391: Economics of Photoelectricity - November 13 2012

2010

April May June July

PV <=4kW (new build) 3 1 3 19

PV <=4kW (retrofit) 396 873 1,378 1,673

PV >4-10kW 7 9 20 19

PV >10-100kW - 3 1 4

PV >100kW-5MW - - - 1

PV Stand alone - 4 - -

PV >50-100kW * - - - -

PV >100-150kW * - - - -

PV >150-250kW * - - - -

PV >250-5MW * - - - -

PV Stand alone * - - - -

Total 406 890 1,402 1,716

* New tariff for schemes eligible from 1 August 2011.

Page 392: Economics of Photoelectricity - November 13 2012

2010 2011

August September October November December January

19 24 31 44 34 57

2,232 1,836 1,779 2,006 1,968 3,023

32 36 32 37 21 64

10 10 6 3 12 9

- - - - - -

4 - 1 5 4 4

- - - - - -

- - - - - -

- - - - - -

- - - - - -

- - - - - -

2,297 1,906 1,849 2,095 2,039 3,157

Page 393: Economics of Photoelectricity - November 13 2012

2011

February March April May June July

45 76 58 25 80 106

3,233 4,353 3,445 5,289 5,249 7,919

53 77 54 67 92 109

20 26 13 23 31 33

- 2 - - - 4

4 9 11 14 19 31

- - - - - -

- - - - - -

- - - - - -

- - - - - -

- - - - - -

3,355 4,543 3,581 5,418 5,471 8,202

Page 394: Economics of Photoelectricity - November 13 2012

2011 2012

August September October November December January

68 220 67 279 306 624

10,975 15,230 13,598 21,849 28,208 36,804

175 231 196 222 457 879

63 69 84 128 309 520

1 11 7 9 35 13

32 24 10 8 18 -

- - - - - 1

- - - - - 2

- - - - - -

- - - - - 1

6 32 22 50 139 127

11,320 15,817 13,984 22,545 29,472 38,971

Page 395: Economics of Photoelectricity - November 13 2012

2012

February March April May

299 441 759

24,121 33,856 40,660

641 719 3,518

441 849 10,450

12 8 2,323

1 2 -

1 3 77

- - -

- - 203

- 1 -

74 10 -

25,590 35,889 57,989

Page 396: Economics of Photoelectricity - November 13 2012

2011 2011 2011

Year Residential Commercial/Industrial Ground Mounted

Austria 86% 8% 6%

Belgium 59% 13% 28%

Bulgaria 1% 2% 97%

Czech Republic 2% 12% 86%

France 25% 42% 33%

Germany 14% 66% 20%

Greece 16% 1% 83%

Hungary 42% 45% 12%

Italy 13% 61% 26%

Netherlands 85% 15% 0%

Portugal 39% 0% 61%

Slovakia 0% 5% 95%

Spain 1% 9% 90%

Switzerland 20% 80% 0%

United Kingdom 75% 15% 10%

Page 397: Economics of Photoelectricity - November 13 2012

2011 2011

Source Annual MW Total MW Source

S2283 80 176 S2283

S2283 974 2018 S2283

S2283 100 135 S2283

S2283 6 1959 S2283

S2283 1671 2659 S2283

S2283 7485 24678 S2283

S2283 426 631 S2283

S2283 3 4 S2283

S2283 9284 12754 S2283

S2283 20 103 S2283

S2283 33 184 S2283

S2283 321 468 S2283

S2283 372 4400 S2283

S2283 105 216 S2283

S2283 784 875 S2283

Page 398: Economics of Photoelectricity - November 13 2012

Residential Off-Grid Ground Mount

2011 Q3 0.52 1.32 0.83 0.01 1.56

2011 Q4 1.21 1.82 1.84 0.02 2.16

Units: GW

Building Mount Non-Residential (>

100 kW)

Building Mount Non-Residential <

100 kW

Page 399: Economics of Photoelectricity - November 13 2012

Total Source

4.24 P611

7.05 P610

Page 400: Economics of Photoelectricity - November 13 2012

< 2 kW 2 - 5 kW 5 - 10 kW 10 - 20 kW 20 - 50 kW

1992 40% 53% 5% 2% 0%

1993 29% 51% 5% 11% 4%

1994 16% 54% 10% 6% 14%

1995 21% 55% 4% 4% 9%

1996 14% 43% 8% 8% 5%

1997 15% 41% 13% 6% 11%

1998 18% 40% 19% 7% 10%

1999 14% 32% 10% 5% 15%

2000 14% 39% 13% 10% 11%

2001 11% 35% 16% 10% 11%

2002 4% 28% 22% 11% 9%

2003 2% 23% 28% 25% 14%

2004 1% 6% 14% 19% 38%

2005 1% 6% 17% 19% 34%

2006 1% 7% 19% 17% 26%

2007

2008

2009

2010

2011

Page 401: Economics of Photoelectricity - November 13 2012

50 - 100 kW 100 - 200 kW 200 - 500 kW 500 - 1000 kW > 1000 kW Source

0% 0% 0% 0% 0% S1066

0% 0% 0% 0% 0% S1067

0% 0% 0% 0% 0% S1068

7% 0% 0% 0% 0% S1069

5% 17% 0% 0% 0% S1070

14% 0% 0% 0% 0% S1071

3% 3% 0% 0% 0% S1072

6% 0% 0% 18% 0% S1073

5% 2% 6% 0% 0% S1074

5% 2% 2% 0% 8% S1075

10% 4% 2% 1% 9% S1076

3% 2% 0% 2% 1% S1077

6% 4% 2% 2% 8% S1078

7% 4% 3% 2% 7% S1079

6% 3% 4% 2% 15% S1080

Page 402: Economics of Photoelectricity - November 13 2012

BIPV Ground Mounted Source

1% 27% 49% 13% 10% S2086

1% 20% 57% 11% 11% S2085

2% 19% 57% 11% 11% S2159

1% 15% 52% 17% 15% S2087

<1% 10% 38% 23% 28% S2899

Residential(1 - 10 kW)

Small Commercial (10 - 100 kW)

Large Commercial (> 100 kW)

Page 403: Economics of Photoelectricity - November 13 2012

1 - 3 kW (3 - 20 kW) 20 - 200 kW 200 - 1000 kW > 1000 kW

2010 8% 23% 24% 35% 10%

2011

Page 404: Economics of Photoelectricity - November 13 2012

Source

S2088

Page 405: Economics of Photoelectricity - November 13 2012

Value

Installed cost

Installed cost

Discount rate

Discount rate

Discount rate 4%

Performance degredation rate 0.50%

O&M

O&M (Repairs & Maintenance) 0.5% - 1%

German PE Insurance

German depreciation rules (linear, declining balance, special etc) 5%

Maximum kfW loan amount is the net cost (not including VAT)

Free Cash Flow

NPV, IRR, SPP, WACC

NPV, Profitability Index, Benefit ot Cost, IRR, Modified IRR, Payback Time, LCOE

California Sales Tax 8.25%

German Income Taxes

Self Consumption Calculations

Electricity Rates

Solar Photovoltaics, Competing in the Energy Sector - EPIA - September 2011

Solar/LCOE Calculators

Dr. Severin Borenstein - UC Berkeley

Photovoltaik Forum Calculator

Dr. Alfred Körblein - Umweltinstitut München (Munich Environmental Institute)

Ronny Kiesewetter's Rentabilität von Fotovoltaikanlagen 2010

Green ITS

TEPPC

Recommended Reading

Behind the Learning Curve - Gregory Nemet - June 2006

Beyond the Learning Curve - Gregory Nemet - 2006

Re-considering the Economics of Photovoltaic Power - Morgan Bazilian et al. - May 2012

Quantifying PV power Output Variability - Richard Perez and Thomas E. Hoff - Solar Energy - January 2010

Energy at the Crossroads - Vaclav Smil

The Prize - Daniel Yergin

The Coal Question - William Stanley Jevons

Cadillac Desert - Marc Reisner

A Golden Thread - Ken Butti & John Perlin

From Space to Earth - John Perlin

Are Subsidies Holding Back U.S. Solar Deployment? - Jigar Shah

Page 406: Economics of Photoelectricity - November 13 2012

Source

S1041

S971

S1046

S1057

S939

S1042

W98

W99

S1700

W97

S1056

S1057

S1669

S1075

S1076

S1077

W93

S1562

S641

W100

S1073

S1081

S1757

S2901

LinkS54

S56

S1136

S1328

Page 407: Economics of Photoelectricity - November 13 2012

Notes

See offers section of: http://www.photovoltaikforum.com/

BSW June 2010 Photovoltaic Update (English)

A Manual for the Economic Evaluation of Energy Efficiency and Renewable Energy Technologies - NREL - 1995

Accelerating residential PV expansion, demand analysis for competitive electricity markets - Richard Duke, Robert Williams & Adam Payne - Energy Policy - 2004

Technical and Business Economic Study of Photovoltaic Systems - B. Verhelst, J. Desmet, C. Debruyne, H. Van Landeghem and L. Vandevelde - March 2010

Comparison of Degradation Rates of Individual Modules Held at Maximum Power - Osterwald, Adelstein, del Cueto, Kroposki, Trudell and Moriarty - NREL - 2006

Generating Technology Cost and Performance - NREL - 2009

http://www.stefanrode.de/Abschreibung_Photovoltaik.pdf

What is Free Cash Flow and How do I Calculate it - Pamela Peterson Drake

Technical and Business Economic Study of Photovoltaic Systems - B. Verhelst, J. Desmet, C. Debruyne, H. Van Landeghem and L. Vandevelde - March 2010

Metric Dependence of PV Economics - Easan Drury, Robert Margolis & Paul Denhold - NREL - 2011

http://www.boe.ca.gov/pdf/pub71.pdf

The Self-Consumption Bonus - SMA - July 2010

Solar Photovoltaics, Competing in the Energy Sector - EPIA - September 2011

http://www.solarstromerzeugung.de/photovoltaik-steuer.html

http://www.photovoltaikversicherung24.de/index.php?cat=rechnerhaftpflicht&re_id=26

http://www.kfw-mittelstandsbank.de/DE_Home/Kredite/Umweltschutz_im_Unternehmen/KfW-Erneuerbare_Energien/Foerderbedingungen_Standard.jsp

http://www.steuerliches-info-center.de/en/003_menu_links/002_ISt/003_BestPers/Einkommensteuertabelle_2010_GB.pdf

http://www.energy.eu/#domestic

http://faculty.haas.berkeley.edu/borenste/SolarPVCostCalculator.xls

http://www.solarrechner.de/

http://www.umweltinstitut.org/download/solarstrom.xls

http://www.kiesi.de/Download/Photovoltaik-Profit.xls.zip

http://www.green-its-research.ca/sustainability-calculators/solar-levelized-cost/

http://www.wecc.biz/committees/BOD/TEPPC/External/100117_E3_TEPPC_ProForma.xls

http://www.iresenerji.com/pdf/library/2012-05-economics-pv-en.pdf

http://cleantechnica.com/2012/10/04/are-subsidies-holding-back-u-s-solar-deployment-cleantechnica-exclusive-from-jigar-shah/

Page 408: Economics of Photoelectricity - November 13 2012

http://www.nrel.gov/csp/troughnet/pdfs/5173.pdf

www.osti.gov/bridge/servlets/purl/894445-ggwxML/894445.pdf

http://www.nrel.gov/analysis/docs/re_costs_20090806.xls

http://www.sma.de/en/products/knowledge-base/the-self-consumption-bonus.html

Page 409: Economics of Photoelectricity - November 13 2012

Source

1 S12 S23 S34 S45 S56 S67 S78 S89 S9

10 S1011 S1112 S1213 S1314 S1415 S1516 S1617 S1718 S1819 S1920 S2021 S2122 S2223 S2324 S2425 S2526 S2627 S2728 S2829 S2930 S3031 S3132 S3233 S3334 S3435 S3536 S3637 S3738 S3839 S3940 S4041 S4142 S4243 S4344 S4445 S4546 S4647 S4748 S4849 S4950 S5051 S5152 S5253 S5354 S5455 S5556 S5657 S5758 S5859 S5960 S6061 S6162 S6263 S6364 S64

Page 410: Economics of Photoelectricity - November 13 2012

65 S6566 S6667 S6768 S6869 S6970 S7071 S7172 S7273 S7374 S7475 S7576 S7677 S7778 S7879 S7980 S8081 S8182 S8283 S8384 S8485 S8586 S8687 S8788 S8889 S8990 S9091 S9192 S9293 S9394 S9495 S9596 S9697 S9798 S9899 S99

100 S100101 S101102 S102103 S103104 S104105 S105106 S106107 S107108 S108109 S109110 S110111 S111112 S112113 S113114 S114115 S115116 S116117 S117118 S118119 S119120 S120121 S121122 S122123 S123124 S124125 S125126 S126127 S127128 S128129 S129

Page 411: Economics of Photoelectricity - November 13 2012

130 S130131 S131132 S132133 S133134 S134135 S135136 S136137 S137138 S138139 S139140 S140141 S141142 S142143 S143144 S144145 S145146 S146147 S147148 S148149 S149150 S150151 S151152 S152153 S153154 S154155 S155156 S156157 S157158 S158159 S159160 S160161 S161162 S162163 S163164 S164165 S165166 S166167 S167168 S168169 S169170 S170171 S171172 S172173 S173174 S174175 S175176 S176177 S177178 S178179 S179180 S180181 S181182 S182183 S183184 S184185 S185186 S186187 S187188 S188189 S189190 S190191 S191192 S192193 S193194 S194

Page 412: Economics of Photoelectricity - November 13 2012

195 S195196 S196197 S197198 S198199 S199200 S200201 S201202 S202203 S203204 S204205 S205206 S206207 S207208 S208209 S209210 S210211 S211212 S212213 S213214 S214215 S215216 S216217 S217218 S218219 S219220 S220221 S221222 S222223 S223224 S224225 S225226 S226227 S227228 S228229 S229230 S230231 S231232 S232233 S233234 S234235 S235236 S236237 S237238 S238239 S239240 S240241 S241242 S242243 S243244 S244245 S245246 S246247 S247248 S248249 S249250 S250251 S251252 S252253 S253254 S254255 S255256 S256257 S257258 S258259 S259

Page 413: Economics of Photoelectricity - November 13 2012

260 S260261 S261262 S262263 S263264 S264265 S265266 S266267 S267268 S268269 S269270 S270271 S271272 S272273 S273274 S274275 S275276 S276277 S277278 S278279 S279280 S280281 S281282 S282283 S283284 S284285 S285286 S286287 S287288 S288289 S289290 S290291 S291292 S292293 S293294 S294295 S295296 S296297 S297298 S298299 S299300 S300301 S301302 S302303 S303304 S304305 S305306 S306307 S307308 S308309 S309310 S310311 S311312 S312313 S313314 S314315 S315316 S316317 S317318 S318319 S319320 S320321 S321322 S322323 S323324 S324

Page 414: Economics of Photoelectricity - November 13 2012

325 S325326 S326327 S327328 S328329 S329330 S330331 S331332 S332333 S333334 S334335 S335336 S336337 S337338 S338339 S339340 S340341 S341342 S342343 S343344 S344345 S345346 S346347 S347348 S348349 S349350 S350351 S351352 S352353 S353354 S354355 S355356 S356357 S357358 S358359 S359360 S360361 S361362 S362363 S363364 S364365 S365366 S366367 S367368 S368369 S369370 S370371 S371372 S372373 S373374 S374375 S375376 S376377 S377378 S378379 S379380 S380381 S381382 S382383 S383384 S384385 S385386 S386387 S387388 S388389 S389

Page 415: Economics of Photoelectricity - November 13 2012

390 S390391 S391392 S392393 S393394 S394395 S395396 S396397 S397398 S398399 S399400 S400401 S401402 S402403 S403404 S404405 S405406 S406407 S407408 S408409 S409410 S410411 S411412 S412413 S413414 S414415 S415416 S416417 S417418 S418419 S419420 S420421 S421422 S422423 S423424 S424425 S425426 S426427 S427428 S428429 S429430 S430431 S431432 S432433 S433434 S434435 S435436 S436437 S437438 S438439 S439440 S440441 S441442 S442443 S443444 S444445 S445446 S446447 S447448 S448449 S449450 S450451 S451452 S452453 S453454 S454

Page 416: Economics of Photoelectricity - November 13 2012

455 S455456 S456457 S457458 S458459 S459460 S460461 S461462 S462463 S463464 S464465 S465466 S466467 S467468 S468469 S469470 S470471 S471472 S472473 S473474 S474475 S475476 S476477 S477478 S478479 S479480 S480481 S481482 S482483 S483484 S484485 S485486 S486487 S487488 S488489 S489490 S490491 S491492 S492493 S493494 S494495 S495496 S496497 S497498 S498499 S499500 S500501 S501502 S502503 S503504 S504505 S505506 S506507 S507508 S508509 S509510 S510511 S511512 S512513 S513514 S514515 S515516 S516517 S517518 S518519 S519

Page 417: Economics of Photoelectricity - November 13 2012

520 S520521 S521522 S522523 S523524 S524525 S525526 S526527 S527528 S528529 S529530 S530531 S531532 S532533 S533534 S534535 S535536 S536537 S537538 S538539 S539540 S540541 S541542 S542543 S543544 S544545 S545546 S546547 S547548 S548549 S549550 S550551 S551552 S552553 S553554 S554555 S555556 S556557 S557558 S558559 S559560 S560561 S561562 S562563 S563564 S564565 S565566 S566567 S567568 S568569 S569570 S570571 S571572 S572573 S573574 S574575 S575576 S576577 S577578 S578579 S579580 S580581 S581582 S582583 S583584 S584

Page 418: Economics of Photoelectricity - November 13 2012

585 S585586 S586587 S587588 S588589 S589590 S590591 S591592 S592593 S593594 S594595 S595596 S596597 S597598 S598599 S599600 S600601 S601602 S602603 S603604 S604605 S605606 S606607 S607608 S608609 S609610 S610611 S611612 S612613 S614614 S615615 S616616 S617617 S618618 S619619 S620620 S621621 S622622 S623623 S624624 S625625 S626626 S627627 S628628 S629629 S630630 S630631 S631632 S632633 S633634 S634635 S635636 S636637 S637638 S638639 S639640 S640641 S641642 S642643 S643644 S644645 S645646 S646647 S647648 S648649 S649

Page 419: Economics of Photoelectricity - November 13 2012

650 S650651 S651652 S652653 S653654 S654655 S655656 S656657 S657658 S658659 S659660 S660661 S661662 S662663 S663664 S664665 S665666 S666667 S667668 S668669 S669670 S670671 S671672 S672673 S673674 S674675 S675676 S676677 S677678 S678679 S679680 S680681 S681682 S682683 S683684 S684685 S685686 S686687 S687688 S688689 S689690 S690691 S691692 S692693 S693694 S694695 S695696 S696697 S697698 S698699 S699700 S700701 S701702 S702703 S703704 S704705 S705706 S706707 S707708 S708709 S709710 S710711 S711712 S712713 S713714 S714

Page 420: Economics of Photoelectricity - November 13 2012

715 S715716 S716717 S717718 S718719 S719720 S720721 S721722 S722723 S723724 S724725 S725726 S726727 S727728 S728729 S729730 S730731 S731732 S732733 S733734 S734735 S735736 S736737 S737738 S738739 S739740 S740741 S741742 S742743 S743744 S744745 S745746 S746747 S747748 S748749 S749750 S750751 S751752 S752753 S753754 S754755 S755756 S756757 S757758 S758759 S759760 S760761 S761762 S762763 S763764 S764765 S765766 S766767 S767768 S768769 S769770 S770771 S771772 S772773 S773774 S774775 S775776 S776777 S777778 S778779 S779

Page 421: Economics of Photoelectricity - November 13 2012

780 S780781 S781782 S782783 S783784 S784785 S785786 S786787 S787788 S788789 S789790 S790791 S791792 S792793 S793794 S794795 S795796 S796797 S797798 S798799 S799800 S800801 S801802 S802803 S803804 S804805 S805806 S806807 S807808 S808809 S809810 S810811 S811812 S812813 S813814 S814815 S815816 S816817 S817818 S818819 S819820 S820821 S821822 S822823 S823824 S824825 S825826 S826827 S827828 S828829 S829830 S830831 S831832 S832833 S833834 S834835 S835836 S836837 S837838 S838839 S839840 S840841 S841842 S842843 S843844 S844

Page 422: Economics of Photoelectricity - November 13 2012

845 S845846 S846847 S847848 S848849 S849850 S850851 S851852 S852853 S853854 S854855 S855856 S856857 S857858 S858859 S859860 S860861 S861862 S862863 S863864 S864865 S865866 S866867 S867868 S868869 S869870 S870871 S871872 S872873 S873874 S874875 S875876 S876877 S877878 S878879 S879880 S880881 S881882 S882883 S883884 S884885 S885886 S886887 S887888 S888889 S889890 S890891 S891892 S892893 S893894 S894895 S895896 S896897 S897898 S898899 S899900 S900901 S901902 S902903 S903904 S904905 S905906 S906907 S907908 S908909 S909

Page 423: Economics of Photoelectricity - November 13 2012

910 S910911 S911912 S912913 S913914 S914915 S915916 S916917 S917918 S918919 S919920 S920921 S921922 S922923 S923924 S924925 S925926 S926927 S927928 S928929 S929930 S930931 S931932 S932933 S933934 S934935 S935936 S936937 S937938 S938939 S939940 S940941 S941942 S942943 S943944 S944945 S945946 S946947 S947948 S948949 S949950 S950951 S951952 S952953 S953954 S954955 S955956 S956957 S957958 S958959 S959960 S960961 S961962 S962963 S963964 S964965 S965966 S966967 S967968 S968969 S969970 S970971 S971972 S972973 S973974 S974

Page 424: Economics of Photoelectricity - November 13 2012

975 S975976 S976977 S977978 S978979 S979980 S980981 S981982 S982983 S983984 S985985 S985986 S986987 S987988 S988989 S989990 S990991 S991992 S992993 S993994 S994995 S995996 S996997 S997998 S998999 S999

1000 S10001001 S10011002 S10021003 S10031004 S10041005 S10051006 S10061007 S10071008 S10081009 S10091010 S10101011 S10111012 S10121013 S10131014 S10141015 S10151016 S10161017 S10171018 S10181019 S10191020 S10201021 S10211022 S10221023 S10231024 S10241025 S10251026 S10261027 S10271028 S10281029 S10291030 S10301031 S10311032 S10321033 S10331034 S10341035 S10351036 S10361037 S10371038 S10381039 S1039

Page 425: Economics of Photoelectricity - November 13 2012

1040 S10401041 S10411042 S10421043 S10431044 S10441045 S10451046 S10461047 S10471048 S10481049 S10491050 S10501051 S10511052 S10521053 S10531054 S10541055 S10551056 S10561057 S10571058 S10581059 S10591060 S10601061 S10611062 S10621063 S10631064 S10641065 S10651066 S10661067 S10671068 S10681069 S10691070 S10701071 S10711072 S10721073 S10731074 S10741075 S10751076 S10761077 S10771078 S10781079 S10791080 S10801081 S10811082 S10821083 S10831084 S10841085 S10851086 S10861087 S10871088 S10881089 S10891090 S10901091 S10911092 S10921093 S10931094 S10941095 S10951096 S10961097 S10971098 S10981099 S10991100 S11001101 S11011102 S11021103 S11031104 S1104

Page 426: Economics of Photoelectricity - November 13 2012

1105 S11051106 S11061107 S11071108

1109

1110 S11101111

1112

1113

1114

1115

1116

1117

1118

1119

1120

1121

1122

1123

1124

1125

1126

1127

1128

1129

1130

1131

1132

1133

1134

1135

1136

1137

1138

1139

1140

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File

Japan Photovoltaics Market Review - Robert Foster - Sandia - October 2005.pdf

Renewable energy sources in figures - June 2007.pdf

Trends in PV Applications 1992 - IEA - 2006.pdf

Joint Research Centre European Commision PV Status Report - 2002.pdf

Simmons Oil Monthly - Solar Energy Overview - February 2006.pdf

PV in Climate Policy - Dr. Johan Albrecht - February 2005.pdf

Evergreen Solar Inc.Q4 2007 Earnings Call Transcript.docx

Evergreen Solar, Inc. Q1 2008 Earnings Call Transcript.docx

PV Status Report 2007 - Arnulf Jager-Waldau.pdf

Q3 2007 Evergreen Solar, Inc. Earnings Conference Call.docx

Motech First Quarter 2008 Results.pdf

Q2 2007 Evergreen Solar, Inc. Earnings Conference Calll.docx

Solar energy - sunny days ahead - Sarasin - November 2004.pdf

Solarfun Reports 2008 First Quarter Results.docx

Motech Q1 2008 Investor Conference - May 2008.pdf

Solon Company Presentation - March 2007.pdf

Solon Company Presentation - May 2008.pdf

SolarWorld Acquires Shell's Solar Business - February 2006.docx

Shell to Acquire Partner's Stakes in Solar Energy Joint Venture - January 2002.docx

ARCO to Sell Siemens Its Solar Energy Unit - August 1989.docx

Commercialization Potential of compositionally graded substates - Johnathan Jian Ming Goh - September 2006.pdf

Suntech Q2 2008 Earnings Call Transcript.docx

Suntech Q3 2006 Earnings Call Transcript.docx

Suntech Q4 2006 Earnings Call Transcript.docx

SOLON Takes A Stake In Global Solar Energy - March 2006.pdf

Is The Solar Bloom Off the Rose - Pichel and Yang - July 2006.pdf

Polysilicon Supply and Demand - Hilary Flynn and Travis Bradford - Prometheus Institute - October 2006.pdf

SunScreen II - Mike Rogol - June 2005.pdf

Polysilicon prices going up - Tom Stundza - February 2008.docx

Panelists Debate When the Silicon Shortage Will End - Jennifer Kho - November 2007.docx

New Energy Finance Predicts 43 Percent Solar Silicon Price Drop - Jennifer Kho - August 2008.docx

Solar Energy Industry Forecast - DOE - June 2008.pdf

Price per kWh - Lee Kasten - August 2008.xlsx

World Total Net Electricity Consumption, 1980-2005 - EIA - June 2008.xls

World Consumption of Primary Energy by Energy Type and Selected Country Groups (Quadrillion Btu), 1980-2005 - EIA - July 2008.xls

World Total Net Electricity Generation, Most Recent Annual Estimates, 1980-2006.xls

World Population, 1980-2005 - EIA - October 2007.xls

Passive Solar Comeback Ahead - J. Douglas Balcomb - October 2006.pdf

World Dry Natural Gas Consumption, Most Recent Annual Estimates, 1980-2006 - EIA - May 2008.xls

THE WORLD PV MARKET TO YEAR 2010 - AGORES - 1994.pdf

Employment in the Photovoltaic Manufacturing Industry, 1997-2006 - EIA.xls

2005 U.S. Buildings Energy End-Use Splits, by Fuel Type (Quadrillion Btu) - EIA - September 2007.pdf

THE SEAWATER GREENHOUSE - Charlie Paton and Philipe Davies - 2006.pdf

Soil Solarization.pdf

Powering the Planet - Nathan Lewis - 2005ish.pdf

Best PV Efficiency Graph - NREL - 2003ish.ppt

Learning Curves for Photovoltaics - Nemet - June 2007.pdf

Wind Deaths - Paul Gipe - 2007.xlsx

How well does Learning by doing Explain Cost Reductions - Gregory Nemet - January 2007.pdf

POSSIBILITY TO USE SOLAR INDUCED VENTILATION STRATEGIES IN TROPICAL CONDITIONS BY COMPUTATIONAL FLUID DYNAMIC SIMULATION - Nugroho et. al - 2004.pdf

NEW ENERGY FOR AMERICA - BARACK OBAMA - August 2008.pdf

Crystalline Silicon Manufacturing Progress - Theresa L. Jester - 2002.pdf

Blackbody Radiation - Sadam Al-Hazaimay - December 2007.ppt

Behind the Learning Curve - Gregory Nemet - June 2006.pdf

Thermal effects of vines on Wall Temperatures - Steven Sandifer - 2000ish.pdf

Beyond the Learning Curve - Gregory Nemet - 2006.pdf

Solar Energy Technologies Program (LCOE mentioned) - DOE - January 2006.pdf

An Exploration of Natural Ventilation Strategies - Aaron West - October 2000.pdf

Environmental and Economic Impacts of Solar Heat Cookers (India) - Deepak Gadhia.docx

Solar heating and cooling - McGraw Hill - John Yellott.docx

Right to Light - New York Times - March 1860.pdf

Present status of solar distillation - Tiwari - 2003.pdf

Renewable Energy Annual 2006 - EIA - April 2008.pdf

Passivehaus is Child's Play.pdf

Page 452: Economics of Photoelectricity - November 13 2012

The Balance of Power in the Earth-Sun System - NASA - 2005.pdf

PV Technology, Performance, and Cost - Prometheus Institute - 2007.pdf

The quiet energy revolution - Richard Acker - 1996.pdf

Passive Solar Design for the Home - DOE - February 2001.pdf

TPV Spectral Control - June 2004.pdf

Design of a Static Concentrating Photovoltaic Roof Tile - Michael Dickinson - March 2001.pdf

Photovoltaic Technology Experience Curves and Markets - Robert Margolis - March 2003.pptx

Use and Validation of the Solar Advisor Model for Photovoltaic Applications - Chris Cameron - March 2008.ppt

Photovoltaics, the path from niche to mainstream - Richard Swanson - 2006.pdf

Flat-Plate Solar Array Project Final Report Vol 2 - Lutwack - October 1986.pdf

Flat-Plate Solar Array Project Final Report Vol 6 - Ross and Smokler - October 1986.pdf

Evaluation of Global Wind Power Potential - Archer and Jacobson - 2005ish.doc

Solar Energy Introduction - EIA.docx

Accelerating Solar Advances in Thin Film and cSi Manufacturing - Johnathan Pickering - May 2008.pdf

Photovoltiacs in theh World - S.M. Pietruszko - Opto-Electronics Review - 2004.pdf

JA Solar Reports Second Quarter 2008.docx

JA Solar Earnings Call Third Quarter 2007.docx

Solarfun Power Q2 2008 Earnings Call Transcript.docx

Shipments of Complete Solar Thermal Collector Systems, 2005 and 2006 - EIA.xlsx

Annual Shipments of Solar Thermal Collectors by Type , 1997-2006 - EIA.xlsx

Annual Shipments of Solar Thermal Collectors, 1997-2006 - EIA.xlsx

The rapid growth of the Chinese PV Industry.docx

REN21 - Renewables 2007 Global Status Report.pdf

Solar energy utilisation - D. Chwieduk - Opto-electronics review - 2004.pdf

The Effect of a Varying Solar Spectrum on Solar Cells Energy Performance - Bamshad Houshyani - December 2006.pdf

Silicon Index Sample - Mike Rogol - 2008.pdf

Solar Salworks - An Environmentally Friendly Industry - Josheph Davis - Septemper 1999.pdf

Solar Energy Conversion Toward 1 Terawatt - Ginley, Green, Collins - MRS Bulletin - April 2008.pdf

SunPower Corp. Q1 2008 Earnings Call Transcript.docx

Trina Solar Q2 2008 Earnings Call Transcript.docx

Yingli Q2 2008 Earnings.pdf

ReneSola Q2 2008 Results.pdf

First Solar Q2 2008 Earnings Call.docx

Canadian Solar Q2 2008 Results.docx

LDK Q2 2008 Results.pdf

REC Q2 2008 Earnings.pdf

Q-cells Q2 2008 Results.pdf

Q-Cells Reports as of 30 June 2008.pdf

Evergreen Q2 2008 Results.docx

Q-Cells tops Sharp in solar rankings - February 2008.docx

Suntech Sighns Second Polysilicon Supply Agreement with DC Chemical - September 2008.docx

Sharp Production History (1998-2007) - February 2008.docx

Renewable Energy in China - Song Yanqin - June 2008.pdf

First Solar Q4 2007 Earnings Call Transcript.docx

JA Solar Q4 and Full Year 2007 Results.docx

Status of Thin Film PV Worldwide - November 2005.pdf

BP Strategy Presentation - February 2008.pdf

Petroleum industry and renewables - Patrick Corbett et al - January 2007.pdf

First Solar 10th Annual Renewable Energy Expo - June 2007.pdf

Large Scale PV annual installations.pdf

Technical Change in Photovoltaics and the Applicability of the Learning Curve Model - Gregory Nemet - 2005.pdf

Solar Energy Flux and Reservoirs - GCEP Stanford - 2007.pdf

First Solar, Inc. Q1 2008 Earnings Call Transcript.docx

ReneSola Ltd Announces Fourth Quarter and Full Year 2007 Results.pdf

Renasola Q2 2007 Earnings.pdf

Renesola Highlights 2006.pdf

The Timminco Primer.pdf

SoG-Si feedstock, status, problems and solutions - R. Kopecek - 200X.pdf

Crystalox Solar First Half Results 2008.pdf

Solarfun Power Q1 2007 Earnings Call Transcript.docx

Trina Solar Q4 2006 Earnings Call Transcript.docx

First Solar Q3 2007 Earnings Call Transcript.docx

Trina Solar Q2 2007 Earnings Call Transcript.docx

BP 2007 Form 20-F.docx

LDK 2007 Form 20-F.docx

Page 453: Economics of Photoelectricity - November 13 2012

Future Advanced Windows for Zero Energy Homes - Apte, Arasteh, Huang - ASHRAE - 2003.pdf

Trina Solar 2007 Annual Report.pdf

Sunpower 2007 Annual Report.pdf

SunPower Q3 2007 Earnings Call Transcript.docx

Sunpower 2006 Annual Report.pdf

Trina Solar Announces First Quarter 2008 Results.docx

Suntech Q1 2006 Financial Results.docx

Suntech Q2 2006 Financial Results.docx

Suntech Q3 2006 Financial Results.docx

Suntech Q1 2007 Financial Results.docx

Suntech Q2 2007 Financial Results.docx

Suntech Q3 2007 Financial Results.docx

Suntech Q4 and Full Year 2007 Financial Results.docx

Suntech Q1 2008 Financial Results.docx

Suntech Q2 2008 Financial Results.docx

LDK Solar Reports Financial Results for the First Quarter 2008.docx

ReneSola IPO - October 2006 - Photon International.docx

First Solar Q2 2007 Earnings Call - Partial.docx

The Glittering Future of Solar Power.doc

Prospects for PV - a learning curve analysis - Zwaan and Rabl - 2003.pdf

Rogol Timminco Preliminary Report.pdf

Timminco gets nod from consulting solar booster Rogol - May 2008 - Lee Webb.pdf

REC Q3 2007 Earnings.pdf

ReneSola 2007 Form 20-F.docx

REC webpage.docx

Suntech 2007 Form 20-F.docx

JA Solar 2007 Form 20-F.docx

REC Annual Report 2007.pdf

2005 Evergreen Solar Form 10-K.docx

Evergreen Solar 2007 10-K.docx

Yingli 2007 20-F.docx

Motech History.docx

Canadian Solar - 2007 20-F.docx

China Sunenergy - 2007 Form 20-F.docx

PV Market in Japan.pdf

Random Solar Data - Christophe.docx

GE Energy Buys AstroPower - Sunrise Follows the Night - April 2004 - Adarsh Das.docx

AstroPower, Decline of a solar photovoltaic star remains an untold tragedy - August 2006.docx

Travis Bradford Solar Market Outlook.pdf

SANYO Commences Operations at the New Shiga Factory for Solar Module Production.pdf

Sanyo HIT Double Photovoltaic Panels.pdf

Solar To Scale - Clean Edge - July 2002.pdf

Motech Industries Inc. Reports Second Quarter Results.pdf

ersol Annual Report 2007.pdf

ersol Annual Report 2006.pdf

ersol Annual Report 2005.pdf

REC Q4 and Full Year Results 2007.pdf

Pennsylvania RPS - A Manufacturer's Perspective - Richard Rosey - January 2006.pdf

ECD's Uni-Solar unit accelerates PV production ramp as company enjoys record results.docx

Future State of the PV Industry - Trends and Technologies.pdf

Why did the solar power sector develop quickly in Japan - Michael Rogol - May 2007.pdf

Texas Solar Opportunity - June 2007.pdf

Solar cell supply chain - JPMorgan - January 2008 (Excellent).pdf

E-Ton Solar - 2008.pdf

China Sunergy Announces Preliminary Sales and Production Volume Figures for the Second Quarter 2007.docx

China Sunergy Announces Financial Results for the Second Quarter 2008.docx

China Sunergy Announces Financial Results for the Fourth Quarter and Full Year 2007.docx

Crystalox Annual Report and Accounts 2007.pdf

Astropower 1998 Form 10-K.docx

Astropower 2001 Form 10-K.docx

Solar Fabrik Annual Report 2007.pdf

Solar Fabrik Annual Report 2006.pdf

Solar Fabrik Annual Report 2004.pdf

Solarfun 2007 Form 20-F.docx

Solarfun Reports Second Quarter 2008 Results.docx

Page 454: Economics of Photoelectricity - November 13 2012

Yingli Solar Form 20-F 2007.docx

2008 Taiwan International Photovoltaic Forum.pdf

Pre-Feasibility Study on Solar Cell Production in Thailand (Excellent CapEx numbers).pdf

News Article on Solar Rankings using Photon Consulting's Data - February 2008.docx

Solar Market Opportunities - March 2008 - Thomas Weisel Partners.pdf

Crystalline Silicon PV Technology Roadmapping.pdf

SolarWorld Q1 2006 Earnings Report.pdf

G.E. Signals a Growing Interest in Solar.docx

Renewable Energy Opportunities and Challenges - Phil Malte - September 2006.ppt

Energy Conversion Devices Q2 2008 Results.docx

ECD Annual Meeting of Stockholders - December 2007.pdf

International Energy Outlook 2011 - September 2011

ECD FORM 10-K FOR FISCAL YEAR ENDED JUNE 30, 2007.docx

ECD FORM 10-K FOR FISCAL YEAR ENDED JUNE 30, 2006.docx

Energy Conversion Devices Form 8-K For 9-12-05.docx

Energy Conversion Devices, Inc. F3Q08 (Quarter End 03-31-2008) Earnings Call Transcript.docx

Energy Conversion Devices Q1 2008 Results.docx

Energy Conversion Devices F1Q08 (Qtr End 9-30-07) Earnings Call Transcript.docx

PV Status Report - 2006 - Joint Research Centre European Commision.pdf

Q4 2006 Evergreen Solar, Inc. Earnings Conference Call.docx

PV at the University of Toledo - Al Compaan - July 2008.pdf

Global Solar Energy Press Release - January 2008.pdf

Ascent Solar 2007 Form 10-K.pdf

Ascent Solar Q2 2008 Form 10-Q.pdf

Development of PV Industry in China 2006-2007 - June 2008.pdf

Sunways Company Profile - March 2008.pdf

Mitsubishi Expansion Plans through 2012 - March 2008.pdf

MSK Expands Production Capacity to 180 MW - September 2004.docx

The Photovoltaic Market in Germany - BSW Solar - Gerhard Stryi-Hipp - July 2008.pdf

Renewable Energy Sources in Portugal.pdf

PVPS Annual Report 2007 - IEA.pdf

PV Capacity Table 2007 - IEA.pdf

Global Outlook for PV until 20212 - EPIA - December 2007.pdf

Development of PV Industry in China 2006-2007 - REDP - June 2008.pdf

PV Development - Hansjorg Gabler - November 2005.pdf

PV Status in Australia 2006 - IEA - May 2007.pdf

PV Status in France 2006 - IEA - July 2007.pdf

PV Status in Italy 2006 - IEA - May 2007.pdf

PV Status in Austria 2006 - IEA - July 2007.pdf

PV Status in Canada 2006 - IEA - May 2007.pdf

PV Status in Denmark 2006 - IEA - May 2007.pdf

PV Status in Israel 2006 - IEA - May 2007.pdf

PV Status in Israel 2002 - IEA - May 2003.pdf

PV Status in Israel 2003 - IEA - May 2004.pdf

PV Status in Malaysia 2006 - IEA - April 2007.pdf

PV Status in Mexico 2002 - IEA - July 2003.pdf

PV Status in The Netherlands 2006 - IEA - May 2007.pdf

PV Status in Norway 2006 - IEA - May 2007.pdf

PV Status in Sweden 2006 - IEA - May 2007.pdf

PV Status in Switzerland 2006 - IEA - 2007.pdf

PV Status in the United Kingdom 2006 - IEA - October 2007.pdf

PV Status in Austria 2002 - IEA - May 2003.pdf

PV Status in Norway 2002 - IEA - May 2003.pdf

PV Status in Portugal 2002 - IEA - May 2003.pdf

PV Status in South Korea 2002 - IEA - May 2003.pdf

PV Status in the United States 2002 - IEA - May 2003.pdf

PV Status in the United States 2003 - IEA - April 2004.pdf

PV Status in the United States 2004 - IEA - Paul Maycock - June 2005.pdf

PV Status in the United States 2006 - IEA - Paul Maycock - August 2007.pdf

PV in India - Krishna Sapru - 2000.pdf

Status of Photovoltaics in the EU Nnew Member States 2007.pdf

IEA Trends in PV Applications 1992 - 2007.pdf

The Greek Photovoltaic Industry & Market - Stelios Psomas - April 2007.pdf

REC Q2 2007 Results.pdf

Present and Future of PV - Used for 2004 technology breakdown percentage.pdf

Page 455: Economics of Photoelectricity - November 13 2012

First Solar 2007 10-K.docx

Sharp Webpage on Future Developments.docx

A Survey of Thin-Film Solar Photovoltaic Industry and Technologies - June 2007 - Sorin Grama.pdf

Suntech Q2 2006 Earnings Conference Call Transcript.docx

Suntech Q1 2008 Earnings Call Transcript.docx

Potential of Solar Energy in India - Dr Prabhu Kulkarni - October 2006.ppt

EU Energy Statistics - June 2008 - Extensive.xls

REC Q1 2008 Earnings.pdf

Canadian Solar Q2 2007 Earnings Call Transcript.docx

Canadian Solar Q3 2006 Earnings Call Transcript.docx

Canadian Solar Q4 and Full Year 2007 Results.docx

Canadian Solar Q3 2007 Results.docx

Canadian Solar Q1 2007 Earnings Call Transcript.docx

RWE Schott becomes Schott Solar.docx

Schott Company History - webpage.docx

Energy Potential Data-set Covering Mediteranean and Middle Eastern Region.xlsx

Wacker Schott Company History - webpage.docx

Trina Solar & Gestamp Asetym inaugurate 26 MW PV plant.docx

Hoku Suppy Agreement with E-ton.docx

e-Ton Product Catalogue.pdf

Kyocera Milestones Webpage.docx

SinAn Power Plant.docx

Trina Form 6-K - March 2008.docx

RenaSola Form 6-K - August 2008.docx

RenaSola Form 6-K - May 2008.docx

Clean Technology Primer - May 2007 - Jefferies & Company Inc.pdf

Solar Technology - Hans Juergen Stangl - February 2008.pdf

aleo solar AG H1 2008 - June 2008.pdf

aleo Presentation.pdf

aleo Q1 2007 results.pdf

aleo Q3 2007 results.pdf

India, Nepal, Bangladesh, Bhutan Box Cooker, PV data.xls

Centrol Solar Q3 2007 results.pdf

Dunasolar sold off to Bangkok Solar Company.docx

Clean Technology Primer - June 2008 - Jefferies & Company Inc.pdf

The Bavaria Solarpark.pdf

The Bavaria Solarpark - Sunpower Case Study.pdf

Bavaria Solar Park - Siemens Order Costs.docx

Solarpark Pocking.pdf

Solarpark Geiseltalsee.pdf

Renewable Electric Plant Data-set - NREL - 2003.xlsx

Renewable Electric Plant Information System - 1999 Edition - August 2000.pdf

1998 to 2004 PV Company Shipments - Paul Maycock.xlsx

1994 to 2003 PV Company Shipments - Paul Maycock.xlsx

Prescott Airport Solar Power Plant - July 2006.pdf

Prescott Airport Solar Power Plant - Sharp - 2008.pdf

Solar Plants, Trackers and CPV - Arizona Public Service Company - April 2004.pdf

1994 to 2003 PV Company Shipments - Paul Maycock - unadulterated.xlsx

Solaranlage Darast Nord.pdf

The Netherlands, Floriade exhibition hall.pdf

Solarpark Greifswald.pdf

Solarpark Ober”tzdorf Untergriesbach.pdf

Googleplex.pdf

Photovoltaikanlage Gescher-Estern und Nordvelen.pdf

Solarpark Haimhausen.pdf

R”hm Sun Park.pdf

Sturm Roof-Mounted System.pdf

Spedition Schwaab Roof-Mounted System.pdf

Anton Ziegenaus Sawmill.pdf

Toledo PV power plant.pdf

Solarkraftwerk Logistikzentrum Rastatt.pdf

Donghae PV Power Station.pdf

Del Mar Fair Photovoltaic System.pdf

California Fairs Photovoltaic Projects.pdf

Pfeifer Seil-und Hebetechnik PV system.pdf

Page 456: Economics of Photoelectricity - November 13 2012

Las Vegas Valley Water District PV Systems.pdf

Solarpark Waltenhofen.pdf

Moscone Convention Center Photovoltaic System.pdf

Moscone Convention Center Photovoltaic System.pdf

Preceedings from the Global Conference on Renewable Energy Islands - November 1999.pdf

Las Gallinas Valley Sanitary District PV System.pdf

Solaranlage Schotten & Hansen.pdf

White Horse Solar Facility.pdf

Energiedach Feneberg Lebensmittel.pdf

Rotterdam Zoo Oceanium Photovoltaic System.pdf

Munich Airport Photovoltaic System.pdf

Yuma Proving Ground Photovoltaic System.pdf

Cline Cellars Vineyard Photovoltaic System.pdf

Gamesa Annual Report 2006.pdf

Mecasolar tracker product sheet.pdf

Siliken Company Overview.pdf

Denver Internationa Airport 2 MW Array.pdf

Fresno International Airport Solar Array.docx

Wild Horse Solar Facility.pdf

Wild Horse Solar Facility.pdf

Kerman Power Plant.pdf

Coop Environmental Statement - June 2007.pdf

Soltec Connects more than 5.5 MW in PV plants to the grid.pdf

EPURON Presentation - March 2008.pdf

City Solar Projects - Excellent.pdf

SunTechnics Projects.pdf

Germany Insolation Map.pdf

Citelum 2007 Annual Report.pdf

Sunline 2007 Annual Report.pdf

Lahmeyer International Photovoltaics Market Report.pdf

Solarpark Neustadt.pdf

Estee Lauder 600 kW System.pdf

First Solar Acquires DT Solar.pdf

Reinechke and Pohl Sun Energy Acquire Nastro Umwelttechnik.docx

PAI Partners Acquires Lafarge Roofing.pdf

Solon buys S.E. Project.docx

solar complex brochure.pdf

PermaCity Costco - July 2006.pdf

Photocomm Form 8-K - January 1998.docx

Golden Genesis - DEFM14A - June 1999.docx

energieburo Project Brochure.pdf

PV Pergola for Forum 2004.pdf

KACO Brochure - June 2008.pdf

Pang¡a Solar Villa I.pdf

EPURON Acquires Panergia - September 2007.docx

Solar-Energiedach Brochure.pdf

Inabensa Brochure.pdf

Sharp Environmental and Social Report 2007.pdf

S.A.G. Solarstrom Company Profile - June 2008.pdf

SolarWord Acquired Shell Solar.docx

Solar History - Peter DeNapoli.pdf

Konarka acquires Siemens solar cell research - September 2004.docx

Citelum Activities 2005.pdf

Suntech Acquires EI Solutions and Forms Gemini Solar Development with MMA Renewables - October 2008.docx

Suntech Supplies Solar Modules to 3MW Project for Leading South Korean Power Company - November 2007.docx

SunPower Completes Mungyeong Power Plant.pdf

Sputnik Engineering - 2008.pdf

SunEdison and New Vision Technologies Merge - December 2005.pdf

Solar Photovoltaics Development - Jorgen Fenhann - September 1998.pdf

PVNET Roadmap - December 2002.pdf

Potential Cost Reduction in PV Systems - Aurthur Little - 2001.pdf

The State of the Art of Thin-Film - T. Surek - February 1993.pdf

Photovoltaics in 2010 - European PV Association - 1994.pdf

Life Cycle Assessment of Photovoltaics - Niels Jungbluth et al. - 2008.pdf

Experience Curves and Photovoltaic Technology Policy - Rober Margolis - October 2002.ppt

Page 457: Economics of Photoelectricity - November 13 2012

PV Power Applications in Germany 2006 - Dr. Lothar Wissing - May 2007.pdf

Trends in Photovoltaic Research - Dr. Peter Fath - October 2007.pdf

PV Solar Electricity Industry Market Growth and Perspectives - RWE Schott - Dr. Gerold Kerkhoff - April 2004.pdf

Solar Photovoltaics for Sustainable Agriculture and Rural Development - FAO - 2000.pdf

Cook Islands Energy Use Data - 2004.xlsx

Experience with the German Performance-Based Incentive Program - BSI - 2004.pdf

Renewable Facilities in Australia.xlsx

Building Energy Data Book - DOE - Septemberr 2006 - Excellent.xlsx

The Technical Potential of Solar Water Heating to Reduce Fossil Fuel Use and Greenhouse Gas Emissions in the United States - P. Denholm - NREL - March 2007.pdf

Potential for Solar Heat in Industrial Processes - Claudia Vannoni, Riccardo Battisti, Serena Drigo - SolarPACES - 2008.pdf

European Commission Directorate General for Energy and Transport - Merkat Inc. - 2002.pdf

Solar Heating Worldwide 2003 - IEA Solar Heathing and Cooling Programme - Werner Weiss, Irene Bergmann, Gerhard Faninger - May 2005.pdf

Solar Heating Worldwide 2004 - IEA Solar Heathing and Cooling Programme - Werner Weiss, Irene Bergmann, Gerhard Faninger - March 2006.pdf

Solar Heating Worldwide 2005 - IEA Solar Heathing and Cooling Programme - Werner Weiss, Irene Bergmann, Gerhard Faniger - April 2007.pdf

Solar Heating Worldwide 2006 - IEA Solar Heathing and Cooling Programme - Werner Weiss, Irene Bergmann, Gerhard Faniger - May 2008.pdf

Interpreting interim deviations from cost projections for publicly supported energy technologies - Gregory Nemet - 2008.pdf

Solar Heat for Industrial Processes Task 33 Werner Weiss - IEA - SolarPACES - 2008.pdf

The Status and Potential of Renewable Energy Technologies - Erik H. Lysen - Utrecht University - September 2003 - Mentions Solar Thermal in NL.pdf

Frito Lay Parabolic Trough Plannt - May 2008.docx

Fresno Sunchips Solar Trough Plant - 2008.pdf

Current Status of Renewable Energies in the Middle East - North African Region - BMU - June 2007.pdf

Suntech builds 238 kW system at Caltech - November 2008.docx

Table E5A. Electricity Consumption (kWh) by End Use for All Buildings 2003 - September 2008.xlsx

Table E9A. Fuel Oil Consumption (Btu) and Energy Intensities by End Use for All Buildings 2003 - EIA - September 2008.xlsx

Table E7A. Natural Gas Consumption (Btu) and Energy Intensities by End Use for All Buildings 2003 - EIA - September 2008.xlsx

Table E11A. District Heat Consumption (Btu) and Energy Intensities by End Use for All Buildings 2003 - September 2008.xlsx

Table 5.1 End Uses of Fuel Consumption in the Manufacturing Industry 2002 - EIA.pdf

Table 5. Kerosene Consumption and Expeditures in U.S. Households by End Uses - EIA.pdf

Table 2. Fuel Oil Consumption and Expeditures in U.S. Households by End Uses 2001 - EIA.pdf

Table 1. Natural Gas Consumption and Expeditures in U.S. Households by End Uses 2001 - EIA.pdf

Table US-1. Electricity Consumption by End Use in U.S. Households, 2001 - EIA.docx

Appendix H Conversion Factors - EIA.pdf

Natural Gas Conversion Factor - EIA.xlsx

MIT Units and Conversions Fact Sheet.pdf

Unit Conversions, Emissions Factors, and other Reference Data - EPA - November 2004.pdf

Appendix A - Reference Case - Table A1. Total Energy Supply and Disposition Summary - EIA.pdf

Solar Industrial Process Heat - ESTIF - August 2006.pdf

Solar Thermal Action Plan for Europe - ESTIF - September 2007.pdf

Solar DHW for YVR International Airport.pdf

Lillooet Recreation Centre - Esco Solar Pool Heating.pdf

Woodgreen Solar Hot Water System - Saul Chernos - Business Edge - November 2007.docx

YVR Domestic Hot Water System.docx

Toronto Senior Residence DHW System.pdf

Rosewell Creek Salmon Hatchery Solar Heating System.pdf

Canadair Facility Solarwall.pdf

MDS Nordion Solarwall.pdf

Greater Sudbury Housing Corporation Solarwall.pdf

Fort Drum Solarwall.pdf

Greater Toronto Airport Authority Solarwall.pdf

Krause Plant Solarwall.pdf

Hibbing Courthouse Annex Solarwall.pdf

3M Canada Solarwall.pdf

US Military Solarwall Heating Systems.pdf

Solarwalls in Germany.pdf

Steelcare Solarwall.pdf

Denver WalMart Solarwall.pdf

Syracuse Housing Solarwall.pdf

Health Canada Solarwall.pdf

St. Lawrence College Solarwall.pdf

Inuvik Correctional Facility Solarwall.pdf

Manitoba Housing Authority Solarwal.pdf

Arctic Schools Solarwall.pdf

Thetford Elementary School.pdf

Environment Canada Centre Solarwall.pdf

Toronto Maintenance Garage Solarwall.pdf

Page 458: Economics of Photoelectricity - November 13 2012

Rapid City Community Centers Solarwall.pdf

Quinpool Towers Solar Hot Water System.pdf

Solar Pre-Heated Ventilation Air Systems.pdf

Solarwall Crop Drying Demonstrations.pdf

Solar Heating and Cooling in IEA Countries - December 2006.pdf

Solar Heating and Cooling Programme 2004 Annual Report - IEA.pdf

Solar Heating and Cooling Programme 2005 Annual Report - IEA - April 2006.pdf

Styrian, Austria PROMISE Study - Solar Thermal Potential.pdf

PROMISE - January 2004.pdf

Process Heat Collectors - Werner Weiss and Matthias Rommel - IEA - 2008.pdf

S.O.L.I.D Corporate Presentation - 2008.pdf

S.O.L.I.D Desert System.pdf

Caltech PV System.docx

Drake Landing Solar Community.pdf

Confederation Place Hotel Solar Thermal System.pdf

William Fremd High School Solar Thermal System.docx

On-Site Composting of Greenhouse Wastes.docx

Greenhouse Vegetables.pdf

North American Greenhouse Tomatoes Emerge as a Major Market Force.pdf

Canadian Agricultural Statistics.xlsx

Agro-Ecology in Israel.docx

Israel Agriculture Coping with Growth.docx

D. Otani Produce Suntech PV System.docx

To Make a Desert Bloom - Seeking Sustainability for theh Israeli Agricultural Adventure.pdf

An input-output energy analysis in greenhouse vegetable production - a case study for Antalya region of Turkey - Burhan Ozkan, Ahmet Kurklu and Handan Akcaoz - Biomass and Bioenergy - 2004.pdf

Agriculture and Agro-Technology.docx

Greenhouse Functional and Structural Aspects - A European Network Project - Scarascia Mugnozza.docx

Greenhouse growers worldwide face despairingly high energy costs - Elly Nederhoff and Bert Houter - 2008.pdf

Solar heating in greenhouses - 2008.pdf

Table 5.8 End Uses of Fuel Consumption in 2002 - EIA.xlsx

Table C33A. Total Fuel Oil Consumption and Expenditures for All Buildings in 2003 - EIA - December 2006.xlsx

Building Energy Data Book 1.2 Residential Sector Energy Consumption - EIA - September 2006.xlsx

Table E7A. Natural Gas Consumption (Btu) and Energy Intensities by End Use for Non-Mall Buildings 2003 - EIA - September 2008.xlsx

A Solar Absorption System in southern France for cooling of a wine cellar.pdf

Table 2.3 Manufacturing Energy Consumption for Heat, Power and Electricity Generation by End Use in 2002 - EIA.xlsx

Table 5.2 End Uses of Fuel Consumption in the Manufacturing Industry 2002 - EIA.xls

Table E3. Electricity Consumption (Btu) by End Use for Non-Mall Buildings in 2003 - EIA - September 2008.xls

Table 1.2 First Use of Energy for All Purposes (Fuel and Nonfuel) in 2002 - EIA.xlsx

North Face 1 MW Solar Energy System.docx

BP Solar to close PV module plant in Australia.docx

Gochang Solar Park.docx

Gelee Chicken Manure Solar Dryer.pdf

Visit to Almeria Greenhouse District - J.M. Costa and E. Heuvelink - 2000.pdf

General Aspects, Pests, Diseases and Research in Southern Spain's Greenhouse Vegetable Crops - Gillian Ferguson - October 2003.pdf

Protected Horticulture and Environment - Greenhouse Waste Management in Southern Spain - Salvador Parra Gomez - 2008.pdf

Protected Agriculture - A Global Review - Merle Jensen and Alan Malter - April 1995 - World Bank.pdf

Sinsbury Distribution Center Solarwall.pdf

PV Crystalox Solar PLC Interim Results 2008.pdf

Tableÿ2.1bÿÿResidentialÿSectorÿEnergyÿConsumption,ÿ1949-2007 (trillion Btu and PJ).xlsx

Design and Operatio of a Solar-Heated Dry Kiln at Virginia Tech - 2006.pdf

Air and Solar Drying of Hardwood Lumber - Forestry Extension Notes - November 1999 - Dean R. Prestemon.pdf

Low Temperature Drying Systems - Solar, Dehumidifiers, and Predryers - Gene Wengert - Virginia Tech.pdf

Solar Lumber Drying in Colorado - H. E. Troxell.pdf

Industrial Silicon Wafer Solar Cells - Dirk-Holger Neuhaus and Adolf Munzer - May 2007.pdf

Renewable Energy Akshay Urja - March-April 2008.pdf

ISES Membership Newsletter 2006 No. 2.pdf

Ireda News - September 2007.pdf

Electricity in India - IEA.pdf

Suntech Third Quarter 2008 Financial Results.docx

Suntech cuts forecast - Nov 2008 - Forbes.docx

Conergy Group 3 MW Project - November 2008.docx

West Basin's Solar Power System Produces More Energy in First Year than Expected.docx

Seghesio Winery PV System.pdf

Marin County General Services Building PV System.pdf

Sony Picture Culver City Campus PV System.pdf

Page 459: Economics of Photoelectricity - November 13 2012

Las Gallinas Valley Sanitary District PV System.pdf

Google Campus PV System.pdf

Nonimaging Fresnel lens Concentrators for Photovoltaic Applications - Leutz, Suzuki, Akisawa and Kashiwagi - Tokoy University, UNESCO.pdf

Energy Tips - Process Heating - NREL - November 2007.pdf

Waldpolenz Energy Park - juwi - February 2008.pdf

SunEdison Completed Installations as of December 2008.docx

T-Solar builds PV Module Factory.docx

Parque Fotovoltaico Arbanta, Viana.pdf

Parque Fotovoltaico Abusierra, Falces.pdf

Parque Fotovoltaico la Cerradilla, Sartaguda.pdf

Parque Fotovoltaico Valdegon.pdf

List of City Solar Projects.pdf

Serpa Power Plant.pdf

Spanish 30 MW Solar Park Equipped with SolarWorld Technology.docx

List of Evergy Engineering Projects.xlsx

Exchange Rate Tables.pdf

International Exchange Rate Forecasts.xlsx

The world's largest photovoltaic solar power plant is in Pocking.docx

Solar Photovoltaic Energy - Deng Yu, Kong Wei, Zhou Yun, Li Jing, Carlos Alejandro Lopez - September 2007 - University of Gavle.pdf

Solar Drying of Sludge.pdf

Accelerated Air-Drying of Sewage Sludge using a Climate Controlled Solar Drying Hall - Horn, Barr, McLellan, Bux Wrisbane Water and the University of Hohenheim.pdf

List of Wendewolf Solar Sludge Dryers.pdf

Prediction of Evaporation Rate in a Solar Dryer for Sewage Sludge - Seginer and Bux - Technion and the University of Hohenheim.pdf

Solar Sludge Drying.pdf

Water and Sustainability (Volume 4) - U.S. Electricity Consumption for Water Supply and Treatment - EPRI - March 2002.pdf

Israel's Largest Solar Farm Inaugurated.docx

Planta solar Fuente µlamo.docx

Leofels Turkey Farm PV System - 2005 - SMA.pdf

Berlin Central Station PV System - SMA.pdf

Mont Cenis PV System.pdf

Niestetal Roof PV System.pdf

Solarpark Oberndorf - SMA - 2002.pdf

Laser Dicing of Silicon and Composite Semiconductor Materials - O. Sibailly, B. Richerzhagen - 2002.pdf

Solar Wafer Slicing with Loose and Fixed Grains - Kray, Schumann, Eyer, Willeke, Kubler, Beinert, Kleer - Fraunhofer Institute - 2005ish.pdf

Laser Chemical Processing - A versatile tool for microstructuring applications - Kray, Kell, Hopman, Mayer, Willeke, Glunz - Applied Physics - October 2008.pdf

Power Plants in Germany - September 2012

Power Plants to be Decommisioned in Germany - September 2012

11 MW Solar PV Plant Dedicated in Portugal.docx

Under-insulated American Homes Cause Three Million Blimps-worth of CO2 Emissions Each Year, EVERY Year - November 2008 - Owens Corning.docx

Updated State-level Greenhouse Gas Emission Coefficients for Electricity Generation 1998-2000 - EIA - April 2002.pdf

First Solar Q3 2008 Earnings Conference Call Transcript - October 2008.docx

Energy Savings in Industry Through Use of Insulation and Refractories - Arvind Thekdi - DOE - June 2000.docx

The Indian Solar Market - February 2012

California's Water - Energy Relationship - California Energy Commission - November 2005.pdf

Methodology for Estimated Energy Savings from Cost-Effective Air Sealing and Insulation - EPA - 2007ish.docx

Annual Estimates of the US Population 2000-2007 - US Census.xlsx

Modeling Metered Energy Savings from Exterior Wall Insulation - Mark Ternes, Danny Parker, Howard McLain, Stephen Barkaszi, Jr. - DOE - 1995ish.pdf

Cost-Benefit Analysis of Residential Energy-Efficiency Upgrades in Phoenix, Arizona - Kenneth Walsh, Howard Bashford and Malini Anand - Journal of Architectural Engineering - March 2003.pdf

Integrating Risk Assessment and Life Cycle Assessment - A Case Study of Insulation - Nishioka, Levy, Norris, Wilson, Hofstetter, Spengler - Risk Analysis - May 2002.pdf

The Particulate-Related Health Benefits of Reducing Power Plant Emissions - Clean Air Task Force - October 2000.pdf

Electricity Consumption (kWh) in the Residential, Commercial, Industrial and Transportation Sectors - DOE - December 2008.xlsx

Revenue from Retail Sales of Electricity by State by Provider and Sector, 1990-2006 - DOE - October 2007.xlsx

Table 5.2. Revenue from Retail Sales of Electricity to Ultimate Customers - Total by End-Use Sector, 1994 through September 2008 - DOE - December 2008.xlsx

Average Electricity Prices by State and Sector, 1990-2006 - DOE - October 2007.xlsx

Mainstream Trend of Si-Wafer and Foil Production - SolarWorld AG - Boris Klebensberger.pdf

Table 5.1. Retail Sales (kWh) of Electricity to Ultimate Customers - Total by End-Use Sector, 1994 through September 2008 - DOE - December 2008.xlsx

First Results of Wafering with Laser Chemical Processing - Sybille Hopman, Andreas Fell, Kuno Mayer, Matthias Mesec, Gerhard Willeke, Daniel Kray - Fraunhofer ISE - September 2008.pdf

Swiss Wafer Slicing Technology for the Global PV Market from Meyer Burger - Peter Pauli, J.G. Beesley, U.P. Schonholzer, U. Kerat - November 2005.pdf

Design of a High-Throughput Plasma-Processing System - Keith Matthei, Ghazi Darkazalli, Douglas Ruby - GT SWolar Technologies and Sandia - August 1999.pdf

PV Status Report 2008 - Arnulf Jager-Waldau - September 2008.pdf

Multi Year Program Plan 2008-2012 - DOE - April 2008.pdf

Overview of Photovoltaics 2008 - Andres Cuevas - Australian national University Canberra - 2008.pdf

LDK Solar Co. Ltd. Q3 2008 Earnings Call Transcript.docx

ReneSola Q3 2008 Business Highlights.pdf

Table 3. Electricity Consumption and Expeditures in U.S. Households by End Uses and Census Region, 2001 - DOE.pdf

Page 460: Economics of Photoelectricity - November 13 2012

Table 1. Natural Gas Consumption and Expeditures in U.S. Households by End Uses and Census Region, 2001 - DOE.pdf

Developments and Designs of Solar Engineering Fresnel Lenses - Leutz, Suzuki, Akisawa and Kashiwagi.pdf

Life Cycle Assessment of Crystalline Photovoltaics in the Swiss ecoinvent Database - Niels Jungbluth - 2005.pdf

Solar Energy Activities in IEA Countris - 2005 - A Report of the IEA Solar Heating and Cooling Programme - Pamela Murphy - October 2006.pdf

Solar-Grade Silicon from Metallurgical-Grade Silicon Via Iodine Chemical Vapor Transport Purification - Ciszek, Wang, Page, Bauer, Landry - NREL - May 2002.pdf

Laser Isotope Purification of Lead for Use in Semiconductor Chip Interconnects - Kar Scheibner, Chris Haynam, Earl Worden, Brad Esser - LLNL - May 1996.pdf

Thermodynamics of Boron Removal from Molten Silicon with Silicate Slag - Teixeira, Leandro Augusto Viana.pdf

High Purity Polycrystalline Silicon Growth and Characterization - Uda Hashim, Abang Ehasan and Ibrahim Ahmad - November 2006.pdf

The Purification of Metallurgical Grade Silicon by Electron Beam Melting - J. Pires, J. Otubo, A. Braga, P. Mei - Journal of Materials Processing Technology - March 2004.pdf

Photovoltaic Systems in Israel - Dr. Yona Siderer - April 2012

Solar-Grade Silicon by Directional Solidification in Carbon Crucibles - T. Ciszek, G. Schwuttke, K. Yang - IBM J. Res. Development - May 1979.pdf

Solar Doing the Dirty - Jennifer Kho - December 2006.docx

Solar Silicon Solution Wins MIT Energy Plan Contest - Sterling Allan - Pure Energy Systems News - 2007.docx

Influence of wafer thickness ont he performance of m-Si solar cells, an experimental study - Tool, Burgers, Manshanden, Weeber and Van Straaten -.pdf

Wafer Thickness, Texture and Performance off Multicrystalline Silicon Solar Cells - C. Tool, A Burgers, P. Manshanden, A. Weeber - European Commission - 2002ish.pdf

Solar Photovoltaic Technologies - C. Solanki - IIT Bombay - August 2008 - Good Diagrams.pdf

Shipments of Photovoltaic Cells and Modules by Market - DOE - September 2008.xlsx

Environmental Life Cycle Inventory of Crystalline Silicon Photovoltaic Module Production - M.J. de Wild-Scholten, E.A. Alsema - Energy Research Center of the Netherlands - November 2005.xls

Czech Republic to install 120 MW of PV in 2012 - September 2012

Photovoltaics - K.V. Ravi - Applied Materials Inc. - 2008.pdf

GTSolar Company Overview - December 2008.pdf

Silicon Industry 2008 Summary - Sage Concepts - 2008.pdf

PV The Story So Far - Paula Mints - December 2006.pdf

The Photovoltaic Market in Germany - Snapshot and Outlook - Gerhard Stryi-Hipp - BSW - October 2008.pdf

Sage Concepts Polysilicon Report - 2007ish.pdf

Bulk Semiconductor Synthesis and Purification - Carissa Smith - The Connexions Project - June 2008.pdf

Development of a Polysilicon Process Based on Chemical Vapor Deposition - J. McCormick, F. Plahutnik, A. Arvidson, D. Sawyer, K. Sharp - Hemlock Semiconductor - August 1982.pdf

Present Situation and Prospect of Solar Grade Silicon in China - C. Rongquiang, T. Xingxue - Solar Energy Research Institute, Shanghai Jiaotong University - October, 2005.pdf

Residential Energy Prices and Taxes by Country - IEA - 4th Quarter 1998.pdf

Electricity Information 2007 Edition - IEA.pdf

Report on RES-Heat statistic in Poland - March 2005.pdf

Solar Thermal Markets in Europe - Trends and Market Statistics 2007 - ESTIF - June 2008.pdf

Experience and Future of Solar Energy in China - Han Jiangong - SUNDA Solar Technology - September 2008.pdf

Seasonal Thermal Energy Storage in Germany - Dirk Mangold, Thomas Schmidt, Volkmar Lottner - September 2003.pdf

Kungalv Solar District Heating - 2001.pdf

Ballerup Solar District Heating - 2002.pdf

Solar District Heating Overview.pdf

Russian Natural Gas Supply to Europe Dwindles - Philip Pan - Washington Post - January 2009.docx

Thermodynamics on SOG-Si Refining Processes - Kazuki Morita - 3rd Workshop on Reactive Metal Processing - March 2007.pdf

New Developments in Silicon Czochralski Crystal Growth and Wafer Technology - Albrecht Mozer - Wacker Siltronic Corporation.pdf

Real historical exchange rates for Baseline countries and regions, 1970-2008 - Matthew Stone.xlsx

Electricity Prices for Households - EIA and IEA - 2008.txt

Definitions of Enerrgy Products and Flows - IEA - 2008.pdf

Historical Overview of Silicon Crystal Pulling Development - Werner Zulehner - 2004.pdf

Expanding Water Conservation Programs can Increase Energy Savings.docx

Polysilicon prices going up - Tom Stundza - purchasing.com - February 2008.docx

Silicon Purification Using a Cu-Si Alloy Source - R.C. Powell, P. Tejedor and J. M. Olson - SERI - 1984ish.pdf

Production of Solar Grade (SoG) Silicon by Refining Liquid Metallurgical Grade (MG) - C.P. Khattak, D.B. Joyce and F. Schmid - Crystal Systems, Inc. - October 1999.pdf

Tellurium Mineral Commodity Summary - USGS - January 2003.pdf

PV Silicon Impurity Analysis - 2008.pdf

New Processes for the Production of Solar-Grade Polycrystalline Silicon (A Review) - A.F.B. Braga, S.P. Moreira, P.R. Zampieri, J.M.G Bacchin, P.R. Mei - October 2007.pdf

Ukraine to triple solar power capacity in 2012 - August 2012

Efficiency Improvement of Crystalline Solar Cells - E.R. Weber - NREL - November 2007.pdf

Mapping the Silicon World - Photon International - May 2005.pdf

Evolution of Inverters for Grid Connected PV-Systems from 1989 to 2000 - H. Haeberlin - October 2001.pdf

A Systems-Driven Approach to Solar Energy Research and Development - Christopher Cameron and Craig Cornelius - 2007 - Sandia and DOE.pdf

Solar PV Cost Calculator - Severin Borenstein.xlsx

Turkey's Small Solar Plant Rules to Spur Boom in Installations - Marc Roca - February 2012

Energy Subsidies - Trevor Morgan - June 2007.pdf

IEA Work on Energy Subsidy Related Issues - Trevor Morgan - IEA - November 2007.ppt

Energy Subsidies in OECD Countries - Trevor Morgan - IEA - November 2000.pdf

Tellurium Mineral Commodity Summary - USGS - Janurary 1996.pdf

Tellurium Mineral Commodity Summary - USGS - Janurary 2001.pdf

Tellurium Mineral Commodity Summary - USGS - Janurary 2008.pdf

Tellurium Mineral Commodity Summary - USGS - Janurary 2005.pdf

Page 461: Economics of Photoelectricity - November 13 2012

Cree Achieves 161 Lumens per Watt from High-Powered LED - November 2008.docx

Cree Demonstrates 131 Lumens per Watt White LED - June 2006.docx

US Patent 4,664,938 - Method for Deposition of Silicon.pdf

Annual Average Tellurium Prices up to 1998 - Robert Brown - USGS - 1999.pdf

Annual Average Silicon Prices up to 1998 - Thomas Jones - USGS.pdf

Separative Work Unit Optimization.pdf

Impurities in Silicon Solar Cells - R.H. Hopkins - Westinghouse R & D -.pdf

Tellurium Mineral Commodity Summary - USGS - January 2004.pdf

Purification of metallurgical Silicon for Solar-grade Silicon by Electron Beam button Melting - Takashi Ikeda and Masafumi Maeda - University of Tokyo - 1992.pdf

Vacuum distillation refining of metallurgical grade silicon (II) - Kinetics on removal of phosphorus from MGS - MA Wen-hui, WEI Kui-xian, YANG Bin - September 2007.pdf

Federal Taxes Paid vs. Federal Spending Received.pdf

Economics of Commercial Photovoltaic and Net Metering - Billy Williamson - July 2008.pdf

California Solar Incentive Data - January 2009.xlsx

A Review of PV Inverter Technology Cost and Performance Projections - Navigant Consulting Inc. for NREL - Janurary 2006.pdf

Average Retail Price of Electricity to Ultimate Customers by End-Use Sector, by State for 2007 and 2007 - DOE - October 2008.xls

Weighted Average Prices for Electricity in Norway - 1997-2006 - Statistics Norway.xlsx

Practical Handbook of Photovoltaics - Fundamentals and Applications - T. Markvart - January 2003.pdf

Handbook Of Semiconductor Silicon Technology - William O'Mara, Robert Herring, Lee Hunt - Book - 1990.pdf

Renewable Energy to Power Advanced Water Technology - International Center for Water Technology - 2005.pdf

Reducting Water Pumping Costs - Jim Thompson, Robert Curley and Jerry Knutson - 2002ish.pdf

Florida Renewable Energy Potential Assessment - Navigant Consulting - November 2008.pdf

British Columbia Carbon Tax - Ministry of Small Business and Revenue - February 2008.pdf

Wind Power Stats for Europe 2005 - AWEA - February 2006.pdf

Global wind energy markets continue to boom 2006 - AWEA - February 2007.pdf

Wind Power Plants in California.pdf

Capacity Factor of Wind Power (Realized Values vs. Estimates) - Nicolas Boccard - October 2008.pdf

Compressed Air Energy Storage (Theory, Resources, and Applications for Wind Power) - Samir Succar and Robert Williams - April 2008.pdf

What History Can Teach us about the Future Costs of US Nuclear Power - Nathan Hultman, Johnathan Koomey and Daniel Kammen - April 2007.pdf

20% Wind Energy by 2030 - DOE - May 2008.pdf

Assessment of Demand Response and Advanced Metering - FERC - August 2006.pdf

Local Load Management - Coordination of a Diverse Set of Thermostate-Controlled Household App;iances - Stephen Koch, Marek Zima and Goran Andersson - September 2008.pdf

Demand Response in Wholesale Market Conference - Richard Spring - FERC - April 2007.pdf

Demand Response For Power System Reliability FAQ - B.J. Kirby - ORNL - December 2006.pdf

Experimental Validation of a Closed Brayton Cycle System Transient Simulation - Paul Johnson and David Hervol - NASA - May 2006.pdf

Compressed Air Energy Storage Scoping Study for California - EPRI - November 2008.pdf

Nuclear Power's Role in Generating Electricity - May 2008.pdf

Wind Power Manufacturing, Materials and Resources - DOE.pdf

Copper Statistics.xlsx

World electricity generation by source of energy - OECD - 2009.xlsx

Estimate of total commodity costs to build a 1000 MWe LWR - Per Peterson - March 2008.xlsx

Copper Statistics.xlsx

Commodity Prices - February 2009.pdf

CenterPoint Energy Files With PUC to Establish Hurricane Ike Recovery Costs - April 2009.docx

Evaluating the Impacts of Real-Time Rpicing on the Usage of Wind Generation - Ramteen Sioshansi and Walter Short.pdf

Life cyle assessment of offshore and onshore sited wind power plants based on Vestas V90 - 3.0 MW turbines - June 2006.pdf

Assessment of the Energy Potential and Estimated Costs of Wind Energy in British Columbia - Garrad Hassan - February 2008.pdf

Inventory of Undeveloped Opportunities at Potential Micro Hydro Sites in British Columbia - 2000.pdf

Natural Gas and Electricity Costs and Impacts on Industry - NETL - April 2008.pdf

The Challenge of Facilitating Demand Response in the Highly Restructured ERCOT Market - Jay Zarnikau - October 2008.pdf

Wind Deaths 1975-2006 - Paul Gipe.xlsx

Cr, Cu, Mn, Mo, Ni and steel price drivers - John Papp, Lisa Corathers et al. - USGS - 2007.pdf

Study fo Equipment Prices in the Power Sector - The World Bank Group - August 2008.pdf

Examination of Capacity and Ramping Impacts of Wind Energy on Power Systems - B. Kirby, M. Milligan - NREL - July 2008.pdf

Price Elasticity of Demand in Current Zonal Market - Jay Zarnikau - January 2007.pptx

Calpine Generation Portfolio as of December 31, 2008.xlsx

US Natural Gas Prices - EIA - 2008.xlsx

US Dry Natural Gas Production - EIA - 2009.xlsx

US Annual Average Natural Gas Prices - EIA - 2008.xlsx

US Electric Industy Generating Capacity by State 2007 - EIA.xlsx

Nodal Pricing in an LMP Energy Market - Stu Bresler - October 2005.pptx

Review of the ERCOT December 18, 2008 Nodal Cost Benefit Study - McCullough Research - January 2009.pdf

Austin Energy Report - November 2008.pdf

Austin Statistics.pdf

Electricity Restructuring - A Comparative Review - Michael Trebilcock and Roy Hrab - March 2003.pdf

Integration of Wind into System Dispatch - NYISO - October 2008.pdf

Page 462: Economics of Photoelectricity - November 13 2012

World Wind Energy Report 2008 - WEEA - 2009.pdf

World Wind Energy Report 2002 - AWEA - 2003.pdf

PJM Fast Facts.pdf

Global Wind 2006 Report - GWEC - 2007.pdf

Tracking the Sun (The Installed Cost of Photovoltaics in the U.S. from 1998-2007) - Wiser, Barbose & Peterman - February 2009.pdf

US Population Density Map.pdf

US Population Density Map - 2.pdf

First Solar Q1 2009 Earnings Call - April 2009.docx

Electric Arc Furnaces and Demand Resonse - January 2006.pdf

Strategies for an Efficient Integration of Wind Power Considering Demand Response - Marian Klobasa, Carlo Obersteiner, Mario Ragwitz and Hans Auer - 200X.pdf

California Solar Initiative - January 2009.pdf

Development of Pump Turbine for Seawater Pumped Storage Power Plant - 1998.pdf

Earth & Space-Based Power Generation Systems, A Comparison Study - Volker Blandown, Patrick Schmidt, Marco Bernasconi, Patrick Collins etc. - January 2005.pdf

Potentials and Costs for Renewable Electricity Generation - M. de Noord, L.W.M. Beurskens and H.J de Vries - February 2004.pdf

OECD Factbook 2009 Economic, Environmental and Social Statistics - 2009.xls

Wind Energy Costs - January 1997.docx

Impacts of Array Configuration on Land-Use Requirements for Large-Scale Photovoltaic Deployment in the United States - Paul Denholm and Robert Margolis - May 2008.pdf

Turbines in Denmark - 2008.xls

Demand Response in Wholesale Markets - Walter Brockway - Alcoa - 2007.pdf

Operation and Maintenance Costs for Wind Turbines - May 2003.docx

What does a Wind Turbine Cost - May 2003.docx

Quantity and Average Price of Natural Gas Production in the United States, 1930-2000.pdf

US Population Size by County Map.pdf

U.S. Natural Gas Electric Power Price (Dollars per Thousand Cubic Feet) - February 2009.xls

U.S. Natural Gas Electric Power Price 1997-2008 (Dollars per Thousand Cubic Feet) - EIA - 2008.xlsx

NaturalÿGasÿPricesÿbyÿSector,ÿ1967-2007 - EIA - 2008.xlsx

Cooling of Plants, a constraint on growth - NEI - July 2008.docx

Loan Calculator.xls

Power Plant Technology Price Estimates - 2006.pdf

Average Cost of Coal Delivered for Electricity Generation by State, February 2009 and 2008 - EIA - 2009.xlsx

Coal Prices to Electric Generating Plants, Projected vs. Actual (1985-2007) - EIA - September 2008.xlsx

German Energy Policy At The Crossroads - Sebastian Knauer and Michael Frohlingsdorf - Spiegel - July 2007.docx

World Nuclear Electricity Net Generation (1997-2006) - EIA - 2007.xlsx

Hydroeletricity Net Generation (1980-2007) - EIA.xlsx

Wind Net Worldwide Generation (1980-2007) - EIA.xlsx

Total Net Worldwide Generation (1980-2007) - EIA.xlsx

Geothermal Net Worldwide Generation (1980-2007) - EIA.xlsx

Total Thermal Generation (1980-2007) - EIA.xlsx

Nuclear Worldwide Generation (1980-2007) - EIA.xlsx

Total Renewable Worldwide Generation (1980-2007) - EIA.xlsx

World Net Natural-Gas-Fired Electricity Generation From Central Producers by Region and Country, 2005-2030 - EIA.xlsx

Benefits of Demand Response in Electricity Markets and Recommendations for Achieving Them - February 2006.pdf

World Natural Gas Production by Region and Country, 2003-2030ÿ- IEO - 2006.xlsx

Suntech Q1 2009 Earnings Call Transcript - May 2009.docx

Gobbling Up Trash With the Sun's Power - May 2009.docx

Sierra Pacific Power Electric Rate Schedules for Commercial and Industrial Customers - April 2009.pdf

PUC Inc. Distribution Electricity Rates - May 2009.pdf

SMUD Overview.PDF

Map of PG&E Baseline Territories - 1985.pdf

Lower Rates for Most PG&E Customers - 2009.docx

GuD Power Station - June 2006.docx

The Future of Coal, Options for a Carbon-Constrained World - MIT - 2007.pdf

Clean Technology Fund Criteria for Financing Low Carbon Opportunities in Coal and Gas Power Investments - January 2009.pdf

Carbon Dioxide Emissions from the Generation of Electric Power in the United States - EIA - July 2000.pdf

Electricity Generation 1971-2008 - OECD.xlsx

World Total Net Electricity Generation, Most Recent Annual Estimates, 1980-2006 - EIA - December 2008.xls

Global Solar Photovoltaic Market Analysis and Forecasts to 2020 - John G - March 2009.pdf

ReneSola Q1 2009 Earnings.docx

LDK Q1 2009 Earnings.docx

International Energy Outlook World Energy Consupmption 2005-2030 - June 2008.xlsx

UK Resource and Fuel Use 1990-2004.xlsx

California Electric Generation History and Projections.xlsx

BP Statistical Review 2005.xlsx

E.on Market Data - 2008.xlsx

Update on Generation Generic Capital Costs - Jim Platts - ISONE - January 2009.pdf

Page 463: Economics of Photoelectricity - November 13 2012

Electric Power Monthly - EIA - May 2009.pdf

Renesola Fact Sheet - 2008.docx

RenaSola, Piper Jaffray Clean Technology & Renewables Conference Presentation - February 2009.pdf

Meeting current and future wafering challenges - Philippe Masch & Romain Sumi - March 2009.docx

Semicon West - TJ Rogers - July 2007.pdf

Solar Power, The Market - BizEsp - May 2007.pdf

Solarfun Q1 2009 Earnings Transcript - May 2009.docx

Nightfall Comes to Solar Land - Bill Alpert - March 2009.docx

ReneSola Q3 2008 Earnings - November 2008.pdf

Trina Q4 2008 - March 2009.docx

Pioneering Low-Cost Solutions for Solar Silicon - 2007.pdf

New Opportunities in Crystalline Silicon R&D - September 1998.pdf

Elkem Solar - October 2006.pdf

20 years of grid connected PV systems, Lessons learnt from Germany why quality matters - June 2012

Platts, Power in Europe, Issue 605 - July 2011

Electric Resistant Heater Position Paper (In German) - Dr. Volker Kienzlen et al. - March 2012

A Review of European Electricity Statistics - John Bower - 2008

Investing in Solar Now - RBC Capital Markets - April 2007.pdf

Renewables Global Status Report, 2009 Update - REN21 - 2009.pdf

Moses Lake plant opens for production as REC completes expansion - March 2009.docx

Modified OECD Factbook 2009 Economic, Environmental and Social Statistics - 2009.xls

Industry guide in 2012 - HIS iSuppli - 2012

DC Chemicals Polysilicon Page.docx

DC Chemical Announces Polysilicon Expansion Plans - June 2008.docx

POLYSILICON SHIPMENTS REACH 43,901 MT in 2008 - March 2009.docx

Silicon Wafer Shipments Decline - David Ridsdale - May 2009.docx

Silicon - Lisa Corathers - USGS 2003.pdf

SunPower Focused on the Future of Solar Power - Rebecca Henderson, Joel Conkling and Scott Roberts - July 2007.pdf

World PV Industry Report Summary, 2008 - Solarbuzz - 2008.docx

China Sunergy Announces First Quarter 2009 Results - May 2009.docx

Challenges in Industrialization of PV Technologies - Alf Bjorseth - REC - June 2006.pdf

ScanWafer Report - 2002.pdf

REC Q1 2005 Revenues - Alf Bjorseth.pdf

REC Q4 2005 Earnings Report.pdf

REC Annual Review 2006.pdf

Monthly Electricity Statistics - IEA - June 2012

End-use petroleum product prices and average crude oil import costs - IEA - Augst 2012

Energy Policy Spreadsheet, Stanford - 2011ish

Chinese Energy Statistics, 1949 to 2006 - 2007

Monthly Electricity Statistics - IEA - December 2011

Monthly Electricity Statistics - IEA - September 2011

Monthly Electricity Statistics - IEA - April 2011

US Hybrid Car Sales in January 2009 - Green Car Congress - February 2009.docx

Reporting March 2009 US Hybrid Car Sales - April 2009.pdf

Reporting Toyota Hybrid Car Sales for April 2009 - May 2009.pdf

LDK Form F-1 - May 2007.docx

Update on the cost of Nuclear Power - Yangbo Du and John Parsons - MIT - May 2009.pdf

2008 Wind Technologies Market Report - Ryan Wiser and Mark Bolinger - July 2009.pdf

First Solar Q2 Earnings Call Transcript - July 2009.docx

US Wind Energy - Oregon - AWEA - Accessed August 2009.docx

Wind Turbine Prices Move Down, Shows New Price Index from NEF - Power Engineering - June 2009.docx

US Hybrid Sales in February Drop 20% - March 2009.docx

US Hybrid Sales in May 2009.docx

Toyota Reports June and First Half Sales - July 2009.docx

July 2009 Hybrid Sales.docx

First Solar Q1 2009 Earnings Presentation.pdf

Tellurium Mineral Commodity Summary (2004-2008) - USGS - 2009.pdf

LDK Solar Co. Ltd. Q2 2009 Earnings Call Transcript - August 2009.docx

ReneSola Q2 2009 Earnings - August 2009.pdf

ReneSola Q2 2009 Earnings - August 2009.docx

ReneSola Q1 2009 Earnings.docx

Market Protocols in ERCOT and Their Effect on Wind Generation - Ramteen Sioshansi and David Hurlbut - August 2009.pdf

Potential for Building Integrated Photovoltaics - IEA - 2002.pdf

Polysilicon Business Shines Brightly - Gerald Parkinson - August 2008.pdf

Suntech Q2 2009 Earnings Transcript - August 2009.docx

Page 464: Economics of Photoelectricity - November 13 2012

SDG&E, Rate Schedule 2009 - August 2009.pdf

How Much Does Increasing-Block Electricity Pricing Help Low-Income Customers - Severin Borenstein - 2008.pdf

Handbook of Photovoltaic Science and Engineering

Southern California Edison 2009 Rate Schedule - June 2009.pdf

Monthly Electricity Statistics - IEA - April 2012

Monthly Electricity Statistics - IEA - December 2010

Monthly Electricity Statistics - IEA - August 2010

Monthly Electricity Statistics - IEA - April 2010

Monthly Electricity Statistics - IEA - December 2009

Monthly Electricity Statistics - IEA - August 2009

Monthly Electricity Statistics - IEA - April 2009

Monthly Electricity Statistics - IEA - December 2008

Monthly Electricity Statistics - IEA - August 2008

Monthly Electricity Statistics - IEA - April 2008

IEA Monthly Electricity Statistics Master File

Informe Mensual De Precios De La Energia (Energy information for Argentina and Region) - Montamat & Asociados - February 2010

Informe Mensual De Precios De La Energia (Energy information for Argentina and Region) - Montamat & Asociados - January 2012

Solar Cell Technology Trends - Scotten Jones - August 2009.docx

PV Feedstock Costs - Five Year Outlook - Jan Maurits - 2003.pdf

The Art of Wafer Cutting in the PV Industry - Andy Skumanich - May 2009.docx

EU PVSEC postscripts, PV cell handling that avoids turning wafers into pieces of bacon - Tom Cheyney - October 2009.docx

Solarbuzz Inverter Price Survey - September 2009.docx

PV Inverter Trends - Yole Developpement - 2009.pdf

Statistics for the German Solar Power Industry (Photovoltaics) - BSW Solar - September 2009.pdf

Energy Pay-Back and Life Cycle CO2 Emissions of the BOS in an Optimized 3.5 MW PV Installation - Mason, Fthenakis, Hansen and Kim - Progress in Photovoltaics - 2006.pdf

EUR to USD Exchange Rates.xlsx

Income Distribution by State - Census - 2006.xlsx

A Solar Power Shift - Andalay AC - Revolutionizing Rooftop Solar Installation - 2009.pdf

Roofing Materials in the US - 2009.docx

Roofing Industry Alliance for Progress - Dr. Jim Hoff - April 2009.pdf

Growth, Market Share and Dynamic Change in the PV Inverter Industry - Eric Wesoff - September 2009.pdf

US Solar Industry Year in Review 2008 - SEIA - March 2009.pdf

Home Appliances are Starting to Wise Up - Phil Taylor - New York Times - September 2009.docx

Tracking the Sun II - LBNL - Wiser, Barbose, Peterman, Darghouth - 2009.pdf

The Long-Run Efficiency of Real-Time Electricity Pricing - Severin Borenstein - February 2005.pdf

New England Demand Response Initiative - Brendan Kirby & Eric Hirst - ORNL.pptx

PG&E picks GE... DR more valuable... Cisco Smart Grid - October 2008.docx

First Solar Q3 2009 Earnings Call - October 2009.pdf

Cloudiness, Average Wind Speed, Heating and Cooling Degree Days, and Average Relative Humidity of Selectred US Cities.xlsx

California Heating and Cooling Degree Days.xlsx

Florida Heating and Cooling Degree Days.xlsx

Houston's Path Toward Sustainable Growth - June 2009.pptx

Solar Air Collector Specification Sheet - Accessed November 2009.docx

Geyser Heat Pump Water Heater - Accessed November 2009.docx

Geyser Heat Pump Water Heater FAQ.pdf

Stiebel Eltron Heat Pump Water Heater - Accessed November 2009.docx.pdf

Causes of Roofer Deaths - Michael McCann.pdf

Informe Mensual De Precios De La Energia (Energy information for Argentina and Region) - Montamat & Asociados - July 2012

Seasonal Performance Rating of Heat Pump Water Heaters - G.L. Morrison, T. Anderson, M. Behnia - Solar Energy - 2004.pdf

ORNL and General Electric Collaborate on Superefficient Water Heater - 2009.pdf

2005 American Community Survey for Florida.docx

Appliance and Equipment Efficiency Standards - FSEC - February 2008.pdf

The LBNL Water Heater Retail Price Database - Alex Lekov, Julie Glover and Jim Lutz - LBNL - October 2000.pdf

Typical Home and Water Heating Costs - November 2009.pdf

HD Supply Utilities Offers New GE Hybrid Water Heater with Energy Efficiency and Demand Response Capability - September 2009.pdf

Deciding on Smart Meters, The Technology Implications of Section 1252 of the Energy Policy Act of 2005 - EPRI - September 2006.pdf

RECS - Water Heating Characteristics by U.S. Census Region - DOE - 2005.xlsx

Informe Mensual De Precios De La Energia (Energy information for Argentina and Region) - Montamat & Asociados - June 2007.pdf

RECS - Water Heating Characteristics by Household Income - DOE - 2005.pdf

Cooling & Heating Degree Days by Census Division, 1949-2008 - EIA.xlsx

Heat Pump Water Heater Technology, Experiences of Residential Consumers and Utilities - ORNL - June 2004.pdf

Yingli Q3 2009 Earnings Transcript - November 2009.docx

Nyle HPWH Evaluation - January 2002.pdf

US Population Estimates 2000 - 2008.xlsx

World final electricity consumption by region in the Baseline Scenario (TWh) in 1980, 2000, 2006 - 2008

Page 465: Economics of Photoelectricity - November 13 2012

HDD, CDD, Cloudiness, Average Windiness, and Average Relative Humidity by State - US Census.xlsx

Solar Market Trends Report 2008 - Larry Sherwood - IREC - July 2009.pdf

California Solar Initiative Program Handbood - July 2009.pdf

Photovoltaic Power Systems and the 2005 National Electrical Code - November 2008.pdf

Polysilicon Business Shines Brightly - August 2008.pdf

Refrigeration and Heat Pumps.pdf

Transpired Collectors, Solar Preheaters for Outside Ventilation Air.pdf

Suntech Power Holdings Q3 2009 Earnings Call Transcript - November 2009.docx

Trina Q3 2009 Earnings Call Transcript - November 2009.docx

Solarfun Q3 2009 Earnings Call Transcript - November 2009.docx

ReneSola Earnings Presentation Q3 2009 - November 2009.pdf

How much land will PV need to supply our electricity - NREL - 2004.pdf

LDK Q3 2009 Earnings Transcript - November 2009.docx

Waste-to-energy plants a waste of energy, recycling advocates say - NYT - Erica Gies - July 2008.docx

Freeing the Grid, Best and Worst Practices in State Net Metering Policies and Interconnection Procedures - November 2009.pdf

PV Equipment Supply-Chain Emits Selective Messaging - Finlay Colville, December 2009.docx

Electricity Pricing that Reflects Its Real-Time Cost - Severin Borenstein - 2009.docx

A 4 year study of kWh per kWp modelling of different technologies at more than 50 sites - Steve Ransome and John Wohlgemuth - BP - 2002ish.pdf

Economic impacts from the Promotion of Renewable Energies - The German Experience - RWI - October 2009.pdf

kWh per kWp performance in Germany - Solar Integrated - 2009.pdf

FiT Calculator.xlsm

Projecting VLS-PV Power Generation Costs - Dr. Claus Beneking - September 2009.pdf

Value of PV Energy in Germany - m. Braun, Y. Saint-Drenan, T. Glotzbach, T. Degner, S. Bofinger - ISET - September 2008.pdf

Solar Cost Calculator Using Chabot-BSi-Rate Methods.xlsx

Spreadsheet Analysis of Feed-in Tariff Program Costs - Paul gipe - August 2009.docx

Spent fuel storage costs may run $225B - Bob Audette - December 2009.docx

Solar Energy Firms Leave Waste Behind in China - Ariana Eunjung Cha - WAPO - March 2008.docx

Performance Summary for the First Solar CdTe 1-kW System - Marion, del Cueto, McNutt and Rose - NREL - 2001.pdf

Long-Term Performance of the SERF PV Systems - Marion and Adelstein - NREL - May 2003.pdf

Comparison of Degradation Rates of Individual Modules Held at Maximum Power - Osterwald, Adelstein, del Cueto, Kroposki, Trudell and Moriarty - NREL - 200X.pdf

Efficiency Degradation of C-Silicon Photovoltaic Modules After 22-Year Continuous Field Exposure - De Lia, Castello and Abenate - ENEA - May 2003.pdf

Break-even Price Estimates for Residential PV Applications in OECD Countries with an Analysis of Prospective Cost Reductions - Poponi, Byrne and Hegedus - Energy Studies Review - January 2006.pdf

RightCycle Responses to Questions on 33% RPS Implementation Analysis Preliminary Results Report - October 2009.pdf

Solar Market Rises in 2009, says CEO, Will Supply, Demand Meet in 2011 - Michael Kanellos - Greentech Media - January 2010.docx

Can Foam Insulation be Too Thick - Martin Holladay - August.docx

UNSW Seminar and Workshop - October 2009.pdf

Global Wind Installations Boom Up 31 Percent in 2009 - February 2010.docx

Solar Photovoltaic Installer - Elka Torpey - Occupational Outlook Quarterly - Fall 2009.pdf

Suntech exec sees excess solar supply coming to US - Reuters - February 2010.docx

Freight, Costs and Logistics - Cypress Industries Website - Accessed February 4th 2010.docx

Emerging Trends in the US Solar Market - GTM Research - November 2009.pdf

Table 8.9 United States Electricity End Use, 1949-2008 (Billion Kilowatthours) - EIA Webpage - Accessed February 4, 2010.htm

Annual Estimates of the United States Population 2000 through 2009 - US Census - Accessed Feb 4, 2010.xlsx

Photovoltaic installed capacity in Italy exeeds 900 MW - December 2009.docx

A Renewable World - Energy, Ecology, Equality - World Future Council - Janurary 2010.pdf

German Photovoltaic Statistics - November 2009.xls

Highlights from SOL's Q3 Conference Call, Revenues Increased 71% Sequentially, Comments on Outlook - November 2009.docx

Slurry Recycling Company Receives 10 Million Euro Investment - PV Tech - February 2010.docx

Solarbuzz Solar Panel Prices - February 2010

International Energy Outlook 2006 - 2007

PV forecast for South Korea - February 2010.pdf

BSW PV Report (In German) - November 2009.pdf

Hemlock Poly Report - Gary Homan - June 2009.pdf

Solar Companies - February 2009.xlsx

First Solar Q4 2009 Earnings Call - February 2010.pdf

Projected Costs of Generating Electricity - IEA - 2005.pdf

Solar Radiation and Daylight Models - Tariq Muneer - 2004.pdf

Power Stations in Germany - May 2009.xlsx

Photovoltaics and Architecture (Book) - 2001.pdf

PACE Finance - Innovative Funding to Accelerate the Energy Retrofit of America's Buildings - October 2009.pdf

Power Plant Engineering (Book) - 2006.pdf

A Manual for the Economic Evaluation of Energy Efficiency and Renewable Energy Technologies - NREL - 1995.pdf

BSW May 2009 Update.pdf

Energy Conversion Devices, Inc. F4Q08 Earnings - August 2008.docx

FiT Degression Schedule - Bundesnetzagenture - January 2010.pdf

Page 466: Economics of Photoelectricity - November 13 2012

The Status and Future of the PV Market - EPIA - April 2007.pdf

Environmental Assessment of Future Photovoltaics - Energy Research Centre of the Netherlands (ECN) - Mariska de Wild-Scholten - June 2009.pdf

Energy Payback Times of PV Modules and Systems - Energy Research Centre of the Netherlands (ECN) - Mariska de Wild-Scholten - November 2009.pdf

Methodology Guidelines on LIfe Cycle Assessment of Photovoltaic Electricity - International Energy Agency - October 2009.pdf

Yingli Q4 2009 Earnings Transcript - March 2010.docx

Le Fonti Rinnovabili in Italia (Renewables in Italy) - Gerardo Montanino - GSE - March 2010.pdf

The Effects of the Financial Crisis on Photovoltaics, An Analysis of Changes in Market Forecasts from 2008 to 2009 - John Bartlett, Robert Margolis & Charles Jennings - NREL - September 2009.pdf

Tellurium Mineral Commodity Summary - USGS - Janurary 2009.pdf

Tellurium Mineral Commodity Summary - USGS - Janurary 2010.pdf

Lawsuit Against Oncor - March 2010.pdf

Payback on Residential PV Systems with 2009-2016 Uncapped 30% Federal Investment Tax Credit - Andy Black - May 2009.pdf

Nemet Reading List.pdf

Financial Payback on California Residential Solar Electric Systems - Andrew Black - June 2003.pdf

Very large-Scale Deployment of Grid-Connected Solar Photovoltaics in the United States - Challenges and Opportunities - Denholm and Margolis - NREL - July 2006.pdf

New Nuclear - The Economics Say No - Citi - November 2009.pdf

EEG 2009, Important Changes and Feed-in Tariffs for Photovoltaics - BSW - June 2008.pdf

The Effect of Soiling on Photovoltaic Systems Located in Arid Climates - Adrianne Kimber - SunPower Corporation - 2007.pdf

NREL PV Jobs, Labor Intensity Project - NREL - Barry Friedman - November 2009.pdf

Micro Turbines from the Standpoint of Potential Users - Dr. Ir Roland Decuypere & Ir. Dries Verstraete - 2005ish.pdf

String and Module Integrated Inverters for Single-Phase Grid Connected PV Systems - J.M.A. Myrzik and M. Calais - June 2003.pdf

A Bright Future Shines on the Solar Photovoltaic Electricity Market - EPIA - March 2010.pdf

Key elements of future photovoltaic tariffs under the EEG - BMU - January 2010.docx

Integration of Photovoltaic in Distribution Systems - Fraunhofer IWES - Martin Braun, Thomas Stetz and Kathrin Budenbender - March 2010.pdf

Overview of REC Silicon Operations - REC - March 2010.pdf

European Solar Potential Map - Joint Research Centre.pdf

Energy Savings Potential of Solid-State Lighting in General Illumination Applications 2010 to 2030 - Navigant Consulting - February 2010.pdf

Crystalline Silicon - Appendix - Draft WG3 - c-Si subgroup.pdf

California Solar Resources - George Simons & Joe McCabe - CEC April 2005.pdf

Sunpower Q4 2009 Earnings - March 2010.pdf

Suntech 2009 Earnings Presentation - March 2010.pdf

Suntech Q4 2009 Earnings Call Transcript - March 2010.docx

A Solar Cell Primer for the PCB Industry - Don Cullen - June 2009.pdf

Key World Energy Statistics 2008 - IEA - 2009

BSW April 2010 Photovoltaic Update (German).pdf

Norwegian REC sticks to 2010 polysilicon production target - March 2010.docx

LDK Solar becomes largest wafer producer, outlines technology roadmap.docx

Wacker Resumes Growth Course After the Crisis Year of 2009 - March 2010.docx

Polysilicon Production - Chemical Engineering - April 2010.docx

Survival of the FIT-est, PV industry competition to intensify in 2010 - iSuppli - February 2010.docx

MEMC Sees Sunny Outlook with Growing Solar Market - IBD - April 2006.pdf

Japan's Tokuyama to invest $670 million in Malaysia Plant - August 2009.docx

MEMC Fixeng Buildup Issues at Texas Polysilicon Facility - April 2008.docx

E-Ton Solar Tech Report - November 2009.pdf

Metallurgical silicon could become a rare commodity - just how quickly that happens depends to a certain extent on the current financial crisis - Photon International - February 2009.docx

Silicon metal demand to rise 15% in 2010 - Tom Stundza - September 2009.docx

Solar Insights Polysilicon Report - 2007ish.docx

Wacker grows poly business despite downturn - Photon International - April 2010.docx

The Solar Industry at a Glance - M+W Zander - November 2009.pdf

Is China Putting the Brakes on its Solar Program - Coco Liu - GTM - April 2010.docx

US Solar Industry Year in Review 2009 - SEIA - April 2009.pdf

Global PV market reached 7.3 GW in 2009, up 20% says Solarbuzz - PV Tech - April 2010.docx

World PV Industry 2008 Report Summary - Solarbuzz - 2009.docx

Solarbuzz Market Survey - May 2010.docx

Mountain Transformed, Thirty years after the blast, Mount St. Helens is reborn again - McKenzie Funk - National Geographic - May 2010.docx

Downsizing Installations, The German government is pushing the market toward smaller PV systems - Photon International - June 2010.docx

PV Status Report 2009 - JRC - August 2010.pdf

Solaris Newsletter - EPIA - April 2010.pdf

IMS Research, UK Feed-In Tariff Could Lead to 250 MW PV Market by 2011 - February 2010.docx

Requirements for the PV system technology of the future and solutions by SMA.pdf

PV Industry Pricing, The Good, The Bad, and the Confusing - Paula Mints - April 2010.docx

GTM Research 2009 Global PV Cell and Module Production Datasheet - GTM Research - June 2010.xlsx

7.86 kW German System Cost Breakdown - June 2010.docx

First Solar Q1 2010 Earnings Call Presentation - April 2010.pdf

Stochastic Behaviour of the Electricity Bid Stack, from Fundamental Drivers to Power Prices - Michael Coulon & Sam Howison - 2009.pdf

The Drivers of the Levelized Cost of Electricity for Utility-Scale Photovoltaics - Sunpower - August 2008.pdf

Page 467: Economics of Photoelectricity - November 13 2012

BSW June 2010 Photovoltaic Update (German).pdf

BSW June 2010 Photovoltaic Update (English).pdf

Generating Technology Cost and Performance - NREL - 2009.xlsx

Global Market Outlook for Photovoltaics Until 2014 - EPIA - May 2010.pdf

Tracking New Coal-Fired Power Plants - NETL - January 2010.pdf

Should You Install a Solar Tracker - Tracstar.pdf

Accelerating residential PV exmapsion, demand analysis for competitive electricity markets - Richard Duke, Robert Williams & Adam Payne - Energy Policy - 2004.pdf

Power Check 2005, Systems with Solar-Fabrik AG components - Klaus Kiefer - October 2005.pdf

Moserbaer Photovoltaic - 2009.pdf

Rubersun Promotional Material.pdf

PV Power Plant Brochure - Siliken.pdf

Uni-Solar Project Portfolio.pdf

Performance Parameters for Grid Connected PV Systems - B. Marion, J. Adelstein & K. Boyle - NREL - January 2005.pdf

Solar, Where is the Next Frontier Opportunity - Nick Santhanam - Mckinsey & Company - May 2008.pdf

The Future of Natural Gas - MIT - June 2010.pdf

The Coal Question, An Inquiry Concerning the Progress of the Nation, and the Probable Exhaustion of Our Coal-Mines - William Stanley Jevons - 1866.pdf

What is Free Cash Flow and How do I Calculate it - Pamela Peterson Drake.pdf

Technical and Business Economic Study of Photovoltaic Systems - B. Verhelst, J. Desmet, C. Debruyne, H. Van Landeghem and L. Vandevelde - March 2010.pdf

The Merit-order effect, A detailed analysis of the price effect of renewable electricity generation on spot market prices in Germany - F. Sensfub, M. Ragwitz & M. Genoese - Fraunhofer - 2007.pdf

Wind Energy and Electricity Prices, Exploring the merit order effect - P”yry for EWEA - April 2010.pdf

Promoting solar power drops to 01.01.2012 up to 50 percentage points - BSW - July 2010.docx

Italy Surpasses US in Solar PV - Paul Gipe - June 2010.docx

The Promis of Concentrators - Richard Swanson - Progress in Photovoltaics - 2000.pdf

Photovoltaics in Germany, Incentive policy for grid-connected photovoltaic systems - Marc Jochen Balsys - Spring 2010.pdf

Global FiT Update - Wilson Rickerson - Meister Consultants Group - January 2010.pdf

Exchange and dissemination of information on PV power systems - Lothar Wissing - IEA - May 2006.pdf

Development of the Photovoltaic Industry in Germany - Gerhard Stryi-Hipp - BSW - May 2008.pdf

Key World Energy Statistics 2009 - IEA - 2010

PV Industry and Market Development in Germany, Status and Perspectives - Gerhard Stryi-Hipp - BSW - May 2007.pdf

Photovoltaic Production Equipment - Market and Technology Drivers - Dr. Eric Maiser - BMU - March 2010.pdf

2000 Population Distribution in the United States - US Census Bureau.pdf

German FiT Schedule (Entwicklung der Vergutung fur Strom aus solarer Strahlungsenergie - 2010.pdf

FiT Data (Aktuelle Marktpotenziale von Photovoltaik und Solarthermie in Deutschland) - Weber Consulting - February 2010.pdf

Economics of Solar Power - (Wirtschaftlichkeit von Solarstrom) - Alfred Korblein - July 2010.xlsx

PV FAQ, Will we have enough materials for energy-significant PV production - NREL - January 2004.pdf

California City and County Sales and Use Tax Rates - California State Board of Equalization - April 2010.pdf

German Income Tax Table 2010 - Federal Central Tax Office - March 2010.pdf

The Self-Consumption Bonus - SMA - July 2010.docx

Commercial Self-Consumption of Solar Power, Information for Plant Designers - SMA - May 2010.docx

SMA Shifts the Phase, Why Reactive Power is Important - and no problem with SMA Technology - SMA - October 2009.docx

Terribly Cliche PV Presentation Circa 2008 (Some good pictures).pdf

Solar Calculator, Viability of Solar Power in 2010 (Rentabilit„t von Fotovoltaikanlagen 2010).xlsx

German Installation Data for January through September 2009 - Bundesnetzagentur - October 2009.xlsx

German Installation Data for October 2009 through December 2009 - Bundesnetzagentur - April 2010.xlsx

German Installation Data for January 2010 through May 2010 - Bundesnetzagentur - July 2010.xlsx

January 2010 EEG Degression Table - Bundesnetzagentur - October 2009.pdf

Photovoltaic Self-Consumption in Germany, Using Lithium Ion Storage to Increase Self-Consumed Photovoltaic Energy - Braun, Budenbender, Perrin, Collin, Feng and Magnor - ISET, INES & ISEA - September 2009.pdf

A Model for Generating Household Electricity Load Profiles - Jukka Paatero and Peter Lund - International Journal of Energy Research - July 2005.pdf

Whole-House Measurements of Standby Power Consumption - J.P. Ross - & Alan Meier - UCB, LBNL - September 2000.pdf

Implementing the Feed in Tariff for Scale Solar Photovoltaics in California as Authorized by SB 32 (2009, Negrete-Mcleod, D-Chino) - CALSEIA - April 2010.pdf

Review of Residential Electrical Energy Use DAta - July 2001.PDF

Key World Energy Statistics 2011 - IEA - 2012

BSW August 2010 Update (In German).pdf

Crystalox PV Report - October 2006.pdf

Sage Concepts 2008 Silicon Report.pdf

Can Solar Cells Ever Recapture the Energy Invested in Their manufacture - Richard Corkish - 1997.doc

Key World Energy Statistics 2007 - IEA - 2008

Solar Radiation Data manual for Flat-Plate and Concentrating Collectors - NREL.pdf

PG&E Form 8.2, Customer and Usage Data 2005 - 2008.xlsx

A load profile prediction model for residential consumers - Dr. Schalk Heunis & Marcus Dekenah - Enerweb - May 2010.PDF

Key World Energy Statistics 2006 - IEA - 2007

Solar Stand-Alone Power and Backup Power Supply - SMA.PDF

SDG&E Form 8.2, Customer and Usage Data 2005 - 2008.xls

2009 PV Module Specifications Guide - July 2009.xls

Photovoltaic Array Performance Simulation Models - David F. Menicucci - Solar Cells - 1986.pdf

Page 468: Economics of Photoelectricity - November 13 2012

PV Power Systems, PV Theory II - N. Shenck.pdf

PVFORM 3.3 Code - D.F. Menicucci & J.P. Fernandez - Sandia - October 1987.txt

World Net Electricity Consumption by Region, 2003-2030 - EIA - June 2006

World Net Electricity Consumption by Region, High Economic Growth Case, 1990-2025 - EIA - July 2005

Page 469: Economics of Photoelectricity - November 13 2012

PG&E Rate Schedule E-1, Residential (JAN 1, 1996 - DEC 31, 1997).xlsx

PG&E Rate Schedule E-1, Residential (JAN 1, 1998 - JAN 3, 2001).xlsx

PG&E Rate Schedule E-1, Residential (JAN 4, 2001 - MAY 31, 2001).xlsx

PG&E Rate Schedule E-1, Residential (JUN 1, 2001 - JUN 30, 2001).xlsx

PG&E Rate Schedule E-1, Residential (JUL 1, 2001 - MAR 31, 2003).xlsx

PG&E Rate Schedule E-1, Residential (APR 1, 2003 - FEB 29, 2004).xlsx

PG&E Rate Schedule E-1, Residential (MAR 1, 2004 - JUN 16, 2004).xlsx

PG&E Rate Schedule E-1, Residential (JUN 17, 2004 - AUG 31, 2004).xlsx

PG&E Rate Schedule E-1, Residential (SEP 1, 2004 - OCT 31, 2004).xlsx

PG&E Rate Schedule E-1, Residential (NOV 1, 2004 - NOV 30, 2004).xlsx

PG&E Rate Schedule E-1, Residential (DEC 1, 2004 - DEC 31, 2004).xlsx

PG&E Rate Schedule E-1, Residential (JAN 1, 2005 - FEB 28, 2005).xlsx

PG&E Rate Schedule E-1, Residential (MAR 1, 2005 - MAY 31, 2005).xlsx

PG&E Rate Schedule E-1, Residential (JUN 1, 2005 - SEP 30, 2005).xlsx

PG&E Rate Schedule E-1, Residential (OCT 1, 2005 - DEC 31, 2005).xlsx

PG&E Rate Schedule E-1, Residential (JAN 1, 2006 - FEB 28, 2006).xlsx

PG&E Rate Schedule E-1, Residential (MAR 1, 2006 - MAR 31, 2006).xlsx

PG&E Rate Schedule E-1, Residential (APR 1, 2006 - APR 30, 2006).xlsx

PG&E Rate Schedule E-1, Residential (MAY 1, 2006 - AUG 31, 2006).xlsx

PG&E Rate Schedule E-1, Residential (SEP 1, 2006 - DEC 31, 2006).xlsx

PG&E Rate Schedule E-1, Residential (JAN 1, 2007 - FEB 28, 2007).xlsx

PG&E Rate Schedule E-1, Residential (MAR 1, 2007 - OCT 31, 2007).xlsx

PG&E Rate Schedule E-1, Residential (NOV 1, 2007 - DEC 31, 2007).xlsx

PG&E Rate Schedule E-1, Residential (JAN 1, 2008 - FEB 29, 2008).xlsx

PG&E Rate Schedule E-1, Residential (MAR 1, 2008 - APR 30, 2008).xlsx

PG&E Rate Schedule E-1, Residential (MAY 1, 2008 - SEP 30, 2008).xlsx

PG&E Rate Schedule E-1, Residential (OCT 1, 2008 - DEC 31, 2008).xlsx

PG&E Rate Schedule E-1, Residential (JAN 1, 2009 - FEB 28, 2009).xlsx

PG&E Rate Schedule E-1, Residential (MAR 1, 2009 - SEP 30, 2009).xlsx

PG&E Rate Schedule E-1, Residential (MAR 1, 2009 - SEP 30, 2009).pdf

PG&E Rate Schedule E-1, Residential (OCT 1, 2009 - DEC 31, 2009).xlsx

PG&E Rate Schedule E-1, Residential (JAN 1, 2010 - FEB 28, 2010).xlsx

PG&E Rate Schedule E-1, Residential (MAR 1, 2010 - MAY 31, 2010).xlsx

PG&E Rate Schedule E-1, Residential (JUN 1, 2010 - Present).xlsx

PG&E Rate Schedule E-1, Residential (JUN 1, 2010 - XXX).pdf

Page 470: Economics of Photoelectricity - November 13 2012

NOAA Solar Calculations Day.xlsx

NOAA Solar Calculations Year.xlsx

Solar Radiation Monitoring - Carmen Otilia et al - 2009.pdf

On the Sun-Earth Angles used in the Solar Trackers' Design, Part 1, Modelling - Ion Visa, Dorin Diaconescu, Bogdan Burduhos, Valentina Dinicu - Transilvania University of Brasov - 2007.pdf

Fourier series representation of the position of the sun - J.W. Spencer - May 1971.docx

Solar Declination Algorithm 1.11 - J.W. Spencer.docx

USC School of Architecture, Solar Concepts - 1997.docx

Optimal PV-to-Inverter Sizing Ratio - April 2010.pdf

Calculating Solar Angles.PDF

Performance Model for Grid-Copnnected Photovoltaic Inverters - David King, Sigifredo Gonzalez, Gary Galbraith & William Boyson, Sandia - September 2007.PDF

PVWATTS Version 2 - Enhanced Spatial Resolution for Calculating Grid-Connected PV Performance - B. Marion, M. Anderberg, R. George, P. Gray-Hann and D. Heimiller - NREL - October 2001.PDF

Temperature Coefficients for PV Modules and Arrays, Measurement Methods, Difficulties and Results - David King & Jay Kratochvil - Sandia - October 1997.PDF

The Solar Deployment System (SolarDS) Model, Documentation and Sample Results - Paul Denholm, Easan Drury and Robert Margolis - NREL - September 2009.PDF

Users Manual for TMY3 Data Sets - S. Wiolcox and W. Marion - NREL - May 2008.PDF

Solar Position Algorithm for Solar Radiation Applications - Ibrahim Reda and Afshin Andreas - NREL - January 2008.PDF

User's Manual for PVFORM, A Photovoltaic System Simulation Program for Stand-Alone and Grid-Interactive Applications - D.F. Menicucci & J.P. Fernandez - Sandia - April 1988.PDF

The Development and Verification of the Perez Diffuse Radiation Model - Richard Perez, Ronald Stewart, Robert Seals, Ted Guertin - SUNY - October 1988.PDF

PV Systems Completed before January 1st, 2005.xlsx

US Zip Codes as of 1990.xlsx

PG&E Baseline Territories Cross-Referenced to Zipcodes.xlsx

Earthquake Zones for California Earthquake PML Report by Zip Code - June 2007.xlsx

SCE Zip Codes in Service Territory.docx

PG&E Zipcodes in Service Territory.xlsm

SDG&E Zipcodes in Service Territory.xlsm

Call for Abstracts, Local Government Partnerships - SDG&E, SCE, PG&E Service Territory info was sourced from here..docx

SCE Rate Schedule D, Residential (MAR 1, 2010 - Present).pdf

SDGE Rate Schedule DR, Residential (SEP 1, 2010 - Present).pdf

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A Method for Estimating the Long-Term Performance of Direct-Coupled Photovoltaic Systems, Appendix C - Timothy Townsend - UW Madison - 1989.PDF

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Development and Analysis Tool for Photovoltaic-Powered Solar Water Heating Systems, Chapter 4. TRNSYS Models - Paul M. Williams - UW Madison - 1996.PDF

Development and Analysis Tool for Photovoltaic-Powered Solar Water Heating Systems, Chapter 5. Model Construction and Verification - Paul M. Williams - UW Madison - 1996.PDF

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Page 478: Economics of Photoelectricity - November 13 2012

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First Solar Q1 2011 Earnings Transcript - May 2011.docx

First Solar Q2 2011 Earnings Transcript - August 2011.docx

JinkoSolar Q2 2010 Earnings - August 2010.docx

GCL-Poly Energy, Disruptive Force - Morgan Stanley - November 2010.pdf

JinkoSolar Q3 2010 Earnings Presentation - November 2010.pdf

The Employment Impacts of Proposed Tariffs on Chinese Manufactured Photovoltaic Cells and Modules - Mark Berkman, Lisa Cameron & - Brattle Group - January 2012.pdf

Empowering a Solar Tomorrow - Dr. ZhengRong Shi - Suntech - Octomer 2011.pdf

Photovoltaic Polysilicon Conundrum - Edgar A. Gunther - May 2011.docx

Polysilicon, Fueling Solar Growth - Wacker Chemie - December 2009.pdf

REC Annual Report 2010 - 2011.pdf

REC Annual Report 2009 - 2010.pdf

Trina Q3 2008 - November 2008.docx

Trina Q1 2009 - May 2009.docx

Suntech Q4 and Full Year 2008 - February 2009.docx

Page 479: Economics of Photoelectricity - November 13 2012

Hanwha Q3 2011 Earnings Transcript - November 2011.docx

Suntech Q1 Form 6-K - May 2008.pdf

Canadian Solar - George Santana & Stephen Quirk - Greener Dawn Research - February 2010.pdf

Trina Solar Initiation of Coverage - George Santana & Stephen Quirk - Greener Dawn Research - January 2010.pdf

Solarfun Q4 2008 Earnings Transcript - March 2009.docx

The Founder of Hanwha SolarOne Transferred shares of Solarfun - September 2010.docx

Top 10 World's Biggest Solar Producers (Estimated Module Produciton Capacity 2011) - Solar Plaza - 2012.docx

Hanwha Q2 2011 Earnings Transcript - August 2011.pdf

Hanwha SolarOne Reports Third Quarter 2011 Results - November 2011.pdf

LDK 2010 Annual Report.pdf

Hanwha reports decrease in revenues, shipments for Q2 2011 - Syanne Olson - PV-Tech - August 2011.docx

Solarfun Q1 2010 Earnings - May 2010.docx

Sunpower Q1 2011 Earnings Transcript - May 2011.docx

Sunpower Q2 2011 Earnings Transcript - August 2011.docx

Sunpower Q3 2011 Earnings Transcript - November 2011.docx

LDK Q3 2011 Earnings Transcript - November 2011.docx

Swiss FIT Rates for 2010, 2011 and 2012 - Swiss Federal Office of Energy - February 2012.pdf

Demand and the Latest Pricing Developments in the PV Industry - Lu Luo - Bloomberg - April 2011.pdf

Clean Energy Investment Outlook, Israel Energy and Business Conference - Ethan Zindler - Bloomberg - November 2011.pdf

Oversupply Ahead - Johannes Bernreuter - Sun & Wind Energy - May 2011.pdf

China, Clean Energy, Solar - 2012 Outlook Focusing on cash-structural winners - Goldman Sachs - December 2011.pdf

China, Clean Energy, Solar - Goldman Sachs - June 2010.pdf

EnergyTrend February 1st Update - February 2012.docx

Advanced Electric Heat Pump Market Business Analysis - J.C. Kastovich, R.R. Lawrence, R.R. Hoffman & C. Pavlak - ORNL - April 1982.pdf

Quantifying Residential PV Economics in the US, Payback vs. Cash Flow Determination of Fair Energy Value - Richard Perez, Linda Anne Burtis, Tom Hoff, Sam Swanson & Christy Herig - Solar Energy - 2004.pdf

An Economic Evaluation of Photovoltaic Grid Connected Systems (PVGCS) in Flanders for Companies, A Generic Model - Amaryllis Audenaert et al. - Hub Research Paper - January 2010.pdf

Internal Rate of Return, A Cautionary Tale - The McKinsey Quarterly - October 2004.docx

PVs In Bloom, Technical Handbook, The Installation of Ground Photovoltaic Plants Over Marginal Areas - EPIA - 2008.pdf

Digitimes Research, Monocrystalline solar wafer prices in Greater China show increases - Jackie Chang - February 2012.docx

KBC Commodities Report Friday, Januray 30th, 2012 - KBC Banking and Insurance - January 2012.pdf

KBC Commodities Report Friday, February 3rd, 2012 - KBC Banking and Insurance - February 2012.pdf

Renewable Energy Project Finance in the U.S., 2010-2013 Overview and Future Outlook - Mintz Levin - January 2012.pdf

China Implements a National Feed-in-Tariff Rate - John Landers - EnergyTrend - August 2011.docx

China Policy, Shedding Light on the Recently Enacted Solar Feed-In-Tariff - Gary S. Wi9gmore et al. - January 2012.docx

World Bank Commodity Price Data (Pink Sheet) - January 2012.xls

China Lowers Solar FIT to CNY 7 per Watt, says report - Jackie Chang - DIGITIMES - February 2012.docx

Photovoltaic Installations in China to Reach Same Level as the US in 2011, Says Solarbuzz - November 2011.docx

CTDC plans program for 500MW of Chinese commercial rooftop development - PVTech - January 2012.docx

Update, china cuts solar subsidies by up to 22% for PV projects - Niljima Choudhury - PVTech - February 2012.docx

Local governments offer further support to China's FiT - Huangye Jiang - PVTech - August 2011.docx

Renewable Energy Policy Update for China - Eric Martinot - July 2010.docx

Renewables 2011, Global Status Report - Eric Martinot.pdf

Solar PV Manufacturing Cost Analysis, U.S. Competitiveness in a Global Industry - Alan Goodrich, Ted James & Michael Woodhouse - NREL - October 2011.pdf

Taking Away the Punch Bowl, Forecasting Solar in an Era of Declining Subsidies - Ted Sullivan - Lux Research - May 2011.pdf

Solar Energy Grid Integration Systems (SEGIS) - Sandia - October 2007.pdf

The Solar Report, The GW Solar Institute 2010-2011 Annual Report - 2011.pdf

Sunrise in the Desert, Solar becomes commercially viable in MENA - January 2012.pdf

CENPAC plus, Intelligent heat pump combination - CentroSolar - December 2011.pdf

SB 836 Bill Analysis, Renewable energy resources cost reporting - May 2011.docx

SB 836 Bill Analysis, Renewable energy resources cost reporting - July 2011.docx

Renewable Portfolio Standard Quarterly Report, 4th Quarter 2011, Cost Reporting in Compliance with SB 836 - January 2012.pdf

First Solar's PPA contract with Southern California Edison - CPUC - July 2008.pdf

Solar PV Cost Update - Department of Energy & Climate Change (DECC) - January 2012.pdf

Market yield on U.S. Treasury securities at 10-year constant maturity, quoted on investment basis - January 2012.csv

Norges Bank, Pengepolitisk rapprt January 2011.xls

Monthly Inflation Rates January 2004 to December 2006.xlsx

U.S. Department of Labor (Consumer Price Index) - February 2012.xlsx

China's inflation accelerated to 4.5% in January 2012 - February 2012.docx

Digitimes Research, Solar wafer makers in Greater China increase quotes - Jachie Chang - DIGITIMES - February 2012.docx

KBC Commodities Report Friday, February 10th, 2012 - KBC Banking and Insurance - February 2012.pdf

FITs associated with Solar PV installation, Notes re the tax considerations (U.K.) - Landtax.pdf

EnergyTrend, Subsies for Major Markets to Decreas, Market Prospects in 1Q12 Looking Up do to Impending Subsidy Cut - Iowychang - February 2012.docx

EnergyTrend, 2012 Taiwan Feen-in Tariff Reduction Announced, Subsidy Policy and Installed Capacity in Europe and Asia Up in the Air - Iowychang - February 2012.docx

Electricity Prices in 2012, how to put together the cost of electricity - November 2011.docx

Renewable Energy Sources in Figures, National and International Development - BMU - 2011.pdf

Page 480: Economics of Photoelectricity - November 13 2012

Italian Solar PV Tariffs for 2011 (Quarto Conto Energia).xls

Foliensatz Energie-Info EE und das EEG (2011) - bdew - January 2012.pdf

EU Energy in Figures 2010.xls

Jahresbericht 2011, Fakten und Trends 2010 & 2011 (German Energy Statistics) - 2011.pdf

Rapporto Statistico 2010, Impianti a fonti rinnovabili - GSE - 2011.pdf

IEA Monthly Electrical Statistics - November 2011.xls

IEA Monthly Electrical Statistics - December 2008.xls

IEA Monthly Electrical Statistics - October 2010.xls

IEA Monthly Electrical Statistics - December 2009.xls

Italy, electricity production from oil sources - 2011.docx

Italy, electricity production from coal sources - 2011.docx

Shipment of Photovoltaic modules in Japan (1981-2010) - JPEA - 2011.pdf

Japanese 2011 PV Statistics (In Japanese) - JPEA - February 2012.pdf

6 GW of PV installed in Asia Pacific in 2011 - Becky Stuart - January 2012.docx

India adds 445 MW solar power capacity against target of 200 W in FY12 - February 2012.docx

Bilan du parc photovoltaique francais raccorde au resau fin decembre 2011 - ENERPLAN - January 2012.pdf

The Newest Hybrid Model - Jad Mouawad - NYT - March 2010.docx

FPL, Investing in Florida's Energy Future - Eric Silagy - September 2011.pdf

eSolar Ushers in New Era of Solar Energy with Unveiling of Sierra Power Plant - August 2009.docx

CSP 2009 - Power Engineering - April 2010.docx

eSolar, Module and Scalable Concentrating Solar Thermal Power (CSP) - Clyde Mallinson.pdf

eSolar Sierra SunTower offline - Again - Edgar A. Gunther - August 2011.docx

Top 10 Solar 1603 Treasury Grant Awards - Edgar A. Gunther - December 2010.docx

About NRG Solar.pdf

Sempra Buying Suntech Panels for 150 MW solar Project - Ehren Goossens - February 2011.docx

US, 150 MW expansion of Copper Mountain Solar Complex - Jonathn Gifford - August 2011.docx

Sempra's Mesquite Solar Plant Begins Producing Power in Arizona - Christopher Martin - December 2011.docx

Department of Energy Finalizes a $967 Million Loan Guarantee to Support the Agua Caliente Solar Project - DOE - August 2011.docx

Buffet Buys 49% Stake in $1.9 billion NRG Solar Power Plant - Christopher Martin - December 2011.docx

California Deal Hits Snag - Yuliya Chernova & Cassandra Sweet - WSJ - February 2012.docx

BDEW, German Electricity Consumption in 2011 Stable, Generation Declined Slightly - Matthias Lang & U. Mutschler - January 2012.docx

Utility-Scale Solar Projects in the United States - Operating, Under Construction, or Under Development - SEIA - January 2012.pdf

Utility-Scale Solar Projects in the United States - Operating, Under Construction, or Under Development - SEIA - January 2012.xlsx

Construction on 550 MW Topaz Solar Farm underway - Becky Stuart - November 2011.docx

Almost $5B in DOE loans, Antelope Valley, Desert Sunight, CVSR Funded, Sold; Prologis Funded - Eric Wesoff - GTM - September 2011.docx

First Solar scores $4.5bn in guarantees for 1.33 GW of projects - Benjamin Romano - June 2011.docx

RPS Project Status Tables - CPUC - February 2012.xls

PV Spot & Contract Price - EnergyTrend - February 2012.docx

Energy Department Finalizes $337 Million Loan Guarantee to Mesquite Solar 1 for Innovative Solar Power Plant - DOE - September 2011.docx

Five biggest molten salt solar power plants in the world - Balakrishnan Ramachandran - October 2011.docx

Energy Department Finalizes $1.2 Billion Loan Guarantee to Support California Solar Generation - DOE - September 2011.docx

Energy Department Announces $1.2 Billion Loan Guarantee to Support California Concentrating Solar Plant - DOE - September 2011.docx

Genesis Solar Energy Project.pdf

DOE Finalizes $852 Million Loan Guarantee for California Solar Plant - DOE - August 2011.docx

Information about Nevada Solar One concentrated solar power plant.docx

Nevada Solar One, Acciona Gets Federal Grant to Expand - February 2010.docx

California Officials Disagree on SoCal Edison Transmission Line - November 2010.docx

Fact Sheet, El Dorado-Ivanpah Transmission Project - SCE - July 2010.pdf

Southern California Edison Company's Testimony on Cost Recovery and Cost Support for the Eldorado-Ivanpah Transmission Project (EITP) - SCE - September - 2009.pdf

DRA Concerned by CPUC Approval of Flawed $300 Million Ivanpah Transmission Line - December 2010.docx

SunPower remains confident, despite negative earnings - Becky Stuart - February 2012.docx

Digitimes Research, Solar cellprices in Greater China increase to reflect rising costs - Jackie Chang - February 2012.docx

KBC Commodities Report Friday, February 17th, 2012 - KBC Banking and Insurance - February 2012.pdf

DOE Loan Guarantee Solar Projects, Economics and Key Metrics - Brett Prior - GTM - October 2011.pdf

Rice Solar Energy Project, Notice of Proposed Power Plant - 2010.pdf

Questions emerge over tax breaks for solar projects - Delen Goldberg - April 2011.docx

Reducign the Cost of Energy from Parabolic Trough Solar Power Plants - H. Price & D. Kearney - NREL - March 2003.pdf

BlueChip Energy developing 40 MW Florida Solar Farm - April 2011.docx

Solar thermal energy making a comeback - Michael Kanellos - June 2007.docx

Interactive Zero Coal Scenarios.xls

Wind Project Performance, 1995 Summary - CEC - June 1997.PDF

Wind Project Performance Report Summary 2000-2001 - CEC - December 2002.PDF

Geothermal Electricity Production, 1983 to 2007 - CEC.docx

Biomass Electricity Production, 1983 to 2007 - CEC.docx

Solar Thermal Electricity Production, 1983 to 2007 - CEC.docx

Page 481: Economics of Photoelectricity - November 13 2012

Grid-Connected PV Capacity (KW) Installed in California - CEC.xls

Total Electricy System Power, California 2010.docx

Total Electricy System Power, California 2009.docx

Total Electricy System Power, California 2008.docx

Total Electricy System Power, California 2007.docx

Total Electricy System Power, California 2006.docx

Total Electricy System Power, California 2005.docx

Total Electricy System Power, California 2004.docx

Total Electricy System Power, California 2003.docx

Total Electricy System Power, California 2002.docx

Updated California Energy Demand Forecast 2011-2022 - CEC - May 2011.pdf

World Net Geothermal, Solar, Wind and Wood and Waste Electric Power Generation, 1980 to 2007 - EIA - December 2008.xls

World Net Hydroelectric Power Generation 1980 to 2007 - EIA - September 2008.xls

Japan - Electricity Production from Coal Sources (1960 to 2010).docx

Japan - Electricity Production from Renewble Sources (1960 to 2010).docx

Japan - Electricity Production from Natural Gas (1960 to 2010).docx

Japan - Electricity Production from Nuclear Sources (1960 to 2010).docx

Japan - Electricity Production from Petroleum Sources (1960 to 2010).docx

2002 IEA Annual Wind Report, Japan - 2003.pdf

2003 IEA Annual Wind Report, Japan - 2004.pdf

2004 IEA Annual Wind Report, Japan - 2005.pdf

2005 IEA Annual Wind Report, Japan - 2006.pdf

2006 IEA Annual Wind Report, Japan - 2007.pdf

2007 IEA Annual Wind Report, Japan - 2008.pdf

2008 IEA Annual Wind Report, Japan - 2009.pdf

2009 IEA Annual Wind Report, Japan - 2010.pdf

2010 IEA Annual Wind Report, Japan - 2011.pdf

2009 IEA Annual Geothermal Report, Japan - 2010.pdf

2010 IEA Annual Geothermal Report, Japan - January 2012.pdf

Geothermal Energy in the World with Special Reference to Central America - Ingvar B. Fridleifsson & Ingimar G. Haraldsson - January 2011.pdf

Japan's electricity generation sector - 2011ish.pdf

Geothermal Power Generation and Direct Use in Japan - Seiki Kawazoe and Noriyuki Shirakura - April 2005.pdf

Japan Falls Short of Renewable Energy Goals for FY 2010 - July 2011.docx

Performance of Generating Plant - Bruno Manoha - September 2003.pdf

Renewables and Waste in Japan in 2009 - IEA.docx

Europe's Top Solar Subsidy Lifts Ukraine as Growth slows in West, Energy - Marc Roca - February 2012.docx

2010 Renewable Energy Standard Compliance - April 2011.pdf

Electric Power Monthly - EIA & DOE - January 2012.pdf

Solar Energy Development on Department of Defense Installations in the Mojave and Colorado Desert - Robert Kwartin et al. - September 2011.pdf

Germany Unveils Radical New Fit Strategy - Becky Stuart - PV Magazine - February 2012.docx

Vorgezogene Absenkug + Verstetigung (0,15 Ct per Monat) - German FiT Schedule for 2012 - February 2011.pdf

Digitimes Research, Solar prices in Greater China stay flat due to on-going negotiations - Jackie Chang - Digitimes - February 2012.docx

Electricite produite a partir de l'energie radiative du soliel (France, FiT Schedule) - 2011.pdf

Solar Cell Prices to REmain Flat or Slightly Decline in 2010 due to Market noise and Euro Weakness - EnergyTrend - July 2010.docx

EnergyTrend Price Update - February 2012.docx

The joy (and pain) of renewable energy - Zha Daojiong - February 2012.docx

KBC Commodities Report Friday, 24 February 2012 - KBC Banking and Insurance - February 2012.pdf

Governor calls Sunrise Powerlink example to nation - Onell R. Soto - December 2010.docx

Underwater Cable an Alternative to Electrical Towers - Matthew L. Wald - NYT - March 2010.docx

Cable-test flub caused outage - SF Examiner - February 2010.docx

Completion of Acquisition, New England, New York Cross Sound Cable - February 2006.pdf

Cross sound goes underground - ABB.pdf

The Tehachapi Renewable Transmission Project - SCE - 2010.pdf

Tehachapi Renewable Transmission Project Completes Phase One - Katherine Tweed - May 2010.docx

Central California Clean Energy Transmission (C3ET) Project, Study Plan - CAISO - July 2008.pdf

Pacific Gas and Electric Company Transmission Review.pdf

Southern Crossing Transmission Project, WECC Phase 1 Comprehensive Progress Report - Portland Gneral Electric Co. - May 2009.pdf

Devers-Palo Verde No. 2 Transmission Line Project - Aspen Environmental Group - February 2009.PDF

Transmission Projects, At a Glance - Edison Electric Institute - March 2011.pdf

Transmission Projects, At a Glance - Edison Electric Institute - February 2010.pdf

Transmission Projects, At a Glance - Edison Electric Institute - January 2007.pdf

Review of the Cost Status of Major Transmission Projects in Alberta - June 2011.pdf

Meeting U.S. Transmission Needs - EEI - July 2005.pdf

Transmission Projects Supporting Renewable Resources - EEI - February 2009.pdf

Ales Sp cil, Ve fotovoltaice nen¡ ani slunecno, ani zatazeno. Je nejasno - Jan Zizka - Feburary 2012.docx

Page 482: Economics of Photoelectricity - November 13 2012

Transmission Projects, At a Glance - Edison Electric Institute - 2009.pdf

Transmission Projects, At a Glance - Edison Electric Institute (Incomplete) - 2008.pdf

Towards Development of an Algorithm for Mains Water Temperature - Jay Burch and Craig Christensen - NREL - 2007.pdf

Enhancement of Solar Energy Representation in the GCAM Model - S.J. Smith, A. Volke & S.D. Arias - PNNL - February 2010

Appendix 7-D. Weather Data and Temperature Parameters - DOE.pdf

Ergebnisse, Modell Einheitliche PV-Vergutung - Prognos - February 2012.pdf

Meldungen, Juni - Sept 2011 (Installations in Germany June - September 2011) - November 2011.xls

EnergyTrend PV Spot Price - March 2012.docx

Meldungen, Januar - Mai 2011 (Installations in Germany January - May 2011) - June 2011.xls

Zeitreihen zur Entwicklung der erneuerbaren Energien in Deutschland (German Energy Statistics) - AGEE Stat - February 2011.xls

German Solar Market Will Remain Attractive for Residential Investments Despite Cuts in Governmnet Incentives - Henning Wicht - March 2012.docx

KBC Commodities Report Friday, 02 March 2012 - KBC Banking and Insurance - March 2012.pdf

Digitimes Research, Greater China solar prices remain static ahead of Germany incentive cuts - Jackie Chang - March 2012.docx

Meldungen, Oktober - Dezember 2010 (Installations in Germany October to December 2010) - June 2011.xls

Meldungen, Juni - September 2010 (Installations in Germany June - September 2010) - October 2010.xls

Meldungen, Januar - September 2009 (Installations in Germany January - September 2009) - October 2009.xls

Meldungen, Oktober - Dezember 2009 (Installations in Germany October - December 2009) - October 2010.xls

Meldungen, Januar - Mai 2010 (Installations in Germany January - May 2010) -October 2010.xls

Photovoltaics Technology Plan - DOE - September 2003.pdf

Micro Irrigation with Photovoltaics - Douglas V. Smith & Stephen V. Allison - MIT Energy Laboratory - April 1978.pdf

Solar Photovoltaic Technology, Current Processes and Future Options - Drew Bottaro & Jacob Moscowitz - MIT Energy Laboratory - December 1977.pdf

Flat-Plate Solar Array Project Final Report - JPL - October 1986.pdf

Photovoltaics, Advancing Toward the Millennium - NREL - May 1996.pdf

Analysis of GaAs and Si Solar Energy Hybrid Systems - John H. Heinbockel & A. S. Roberts, Jr. - NASA - March 1977.pdf

The Solar Photovltaics Industry, The Status and Evolution of the Technology and the Institutions - Lawrence H. Linden et al. - MIT Energy Laboratory Report - December 1977.pdf

Energy Conversion with Photovoltaics, Chapter X - 1979ish.PDF

An Economic Analysis of Grid-Connected Residential Solar Photovoltaic Power Systems - Paul R. Carpenter & Gerald A. Taylor - MIT Energy Laboratory - May 1978.pdf

Bewertung von Methoden zur Bestimmung des PV-Anteils sowie von Ausbauszenarien und Einflussen auf die Elecktrizitatswirtschaft - Dr. Volker Quaschning - March 2011.pdf

Potential for Photovoltaics in Germany could be up to 200 Gigawatts - Judith Hubner - January 2012.docx

First Soalr Q4 2011 Earnings Call - February 2012.pdf

Trina Q4 2011 Earnings Presentation - February 2012.pdf

Trina Q4 2011 Earnings Conference Call Transcript - February 2012.docx

Yingli Q4 2011 Earning Conference Call Transcript - February 2012.docx

YIngli Q4 & FY 2011 Earnings Supplementary Presentation - February 2012.pdf

SunPower Q4 2011 Earnings Call Transcript - February 2012.docx

SunPower Q4 2011 Earnings Supplementary Slides - February 2012.pdf

EEG Surcharge Forecast 2013, Increase to Between 3.66 and 4.74 ct per kWh - Dr. Matthias Land & Dr,. U. Mutschler - November 2011.docx

Why FIT policies are important - Gerhard Stryi-Hipp - January 2010.pdf

Regulation by the Feed-in Tariff, Experiences from Germany - Gerhard Stryi-Hipp - BSW - October 2008.pdf

Photovoltaic in Germany, Market Development and Technology - Gerhard Stryi-Hipp = December 2011.pdf

Germany Solar Market Perspectives for 2011 - Christian Grundner - 2011.docx

Panasonic breaks ground on first fully integrated PV plant in Malaysia - Mark Osborne - PV-tech - March 2012.docx

Kunitomi Plant, New Facility Helps Solar Frontier Compete in Global PV market - John Landers - September 2011.docx

Solar-Panel Giant Poised to Get Even Bigger - Kevin Bullis - February 2012.docx

PV BoS Cost Analyis, Ground Mounted Systems - Shayle Kann - 2011.docx

A thin film frontier - Jonathan Gifford - PV Magazine - September 2011.docx

Solar Frontier Sets New Efficiency World Record - February 2012.docx

Solibro Raises Thin Film Efficiency to 17.4% - Solarbuzz - November 2011.docx

GE picks Colorado for giant CdTe solar Factory - October 2011.docx

First Solar Breaks Ground on Vietnam Factory - March 2011.docx

PANDA Series Datasheets - January 2012.pdf

Digitimes Research, Solar prices in Greater China begin to fall due to Germany FIT cuts - Jackie Chang - March 2012.docx

PV Spot & Contract Price - EnergyTrend - March 2012.docx

JinkoSolar Q4 and Full Year 2011 Results - March 2012.docx

Suntech Q4 2011 Earnings Call - March 2012.docx

Suntech Q4 and FY2011 Earnings Call - March 2012.pdf

Canadian Solar Investor Presentation - February 2012.pdf

Fotovoltaico, analisi economica - Fabio Minchio - 2008ish.pdf

La 'grid parity' del fotovltaico (Italian) - Terenzio Logobardi - May 2011.docx

Analisi Seplificata di un impianto da 20 kW nell'Italia del Nord in regime di Scambio sul posto - 2007 ish.pdf

PACIFIC Exchange Rate Service, Foreign Currency Units per 1 U.S. Dollar, 1948 - 2009.pdf

Photovoltaics - Costs, Benefits, Markets - 2002.docx

Photovoltaic systems on the ground. There's convenience until 2013 - August 2011.docx

What's a Photovoltaic - 2010.docx

Solar Incentives, Example of Energy Bill - 2011.docx

Page 483: Economics of Photoelectricity - November 13 2012

Cost per KW Photovoltaic - 2011.docx

Cost Photovoltaics - March 2010.docx

Photovoltaic solar panels, earnings suffered due to the strenght of our buying group and get guarantees and low prices! - Jacopo Fo - March 2008.docx

Uniamo Le Energie, Guida Ragionata per gli interventi di efficienza energetica nelle abitazioni - 2007.pdf

Il Forum Energetic Ambiente - 2009.docx

Hanwha SolarOne Q4 2011 and FY 2011 - March 2012.docx

The Global PV Market, Yesterday, Today, and Tomorrow - Shayle Kann - GTM - June 2010.docx

Parity, pricing, and solar chadenfreude, Why 2012 could be a correction year - Paula Mints - December 2011.docx

National Survey Report PV Power Applications in Italy 2006 - Salvatore Castello e Anna De Lillo & Salvatore Guastella - May 2007.pdf

Photovoltaic in Italy, An economic, legal, institutional an dfinancial perscpective - Oksana Gudakovskaya et al. - March 2011.pdf

Suntech HiPerforma Pluto Vdm-290, Vdm-295 - 2011.pdf

Suntech HiPerforma Pluto Vdm-195, Vdm-200 - 2010.pdf

Suntech HiPerforma Pluto Vdm-240, Vdm-245 - September 2011.pdf

Suntech HiPerforma Pluto Specification Sheet - 2010.pdf

Suntech HiPerforma Pluto Specification Sheet - 2011.pdf

Update on New Trina Solar Products - November 2011.pdf

Suntech, Standard Module Product Catalog - 2010.pdf

Canadian Solar ELPS Module Specification Sheet - 2011.pdf

Canadian Solar to build 600 MW Plant with China's - May 2011.docx

Canadian Solar Reports Fourth Quarter and Fiscal Year 2011 Financial Results - March 2012.docx

Italy reaches 3.2% of electricity production from PV in 2011 - March 2012.docx

Italy proposes policy changes, New FIT looms - Emma Hughes - PV-Tech - September 2009.docx

2010 and 2011 Feed-in Tariffs for Photovoltaic Plants in Italy - March 2010.docx

Italian Solar Market Update, Installations to Peak in 2012 - Dave Cavanaugh - August 2010.docx

Hot Housing Under a Desert Sun - David Appleyard - April 2010.docx

Ruinous German FiT cut dooms many solar firms - January 2010.docx

Is Merkel's plan the kiss of death for German Solar - Karl-Erik Stromsta - January 2010.docx

Revision of Feed in Tariff in Germany's in Progress - June 2008.docx

Digitimes Research, Price of solar modules in Greater China falls on Yingli low offer - Jackie Change - March 2012.docx

KBC Commodities Report Friday, 16 March 2012 - KBC Banking and Insurance - March 2012.pdf

April 1 FIT cuts in Germany to only affect ground-mounted solar PV systems, says Gintech president - Patty Wang & Jackie Chang - March 2012.docx

April orders unaffected by Germany FIT cuts, says Solartech chairman - Nuying Huang & Jackie Chang - March 2012.docx

Sunshine PV obtains CIGS certification from TUV SUD - Nuying Huang & Adan Hwang - March 2012.docx

National Survey Report of PV Power Applications in Japan 2007 - Osamu Ikki - May 2008.pdf

US Solar Market Insight Report, 2011 Year-in-Review, Executive Summary - SEIA & GTM - March 2011.pdf

National Survey Report of PV Power Applications in Malaysia 2009 - May 2010.pdf

National Survey Report of PV Power Applications in Australia 2009 - Muriel Watt & Joe Wyder - May 2010.pdf

National Survey Report of PV Power Applications in the United States 2010 - Katie Bolcar & Kristen Ardani - May 2011.pdf

National Survey Report of PV Power Applications in Germany 2009 - August 2010.pdf

The Photovoltaic Sector in France National Survey Report 2010 - May 2011.pdf

Renewable Energy Must Make Tax Policy Change its Friend - Gary Hunt - December 2011.docx

National Survey Report of PV Power Applications in Switzerland 2010 - July 2011.pdf

National Survey Report of PV Power Applications in Korea 2010 - June 2011.pdf

National Survey Report of PV Power Applications in Germany 2010 - Dr. Lothar Wissing - May 2011.pdf

Price Trend PV Modules - 2012.docx

Germany's Solar PV Industry, A Victim of its Own Success - David Appleyard - May 2010.docx

BIPV, From Add-On PV to Real Integration Challenges and Options - C. Ferrara et al. - Fraunhofer - 2011.pdf

National Survey Report of PV Power Applications in Denmark 2010 - Peter Ahm - May 2011.pdf

National Survey Report of PV Power Applications in Sweden 2010 - Johan Lindahl - May 2011.pdf

National Survey Report of PV Power Applications in Norway 2010 - Lars Bugge, Fritjof Salvesen & Asplan Viak - June 2011.pdf

National Survey Report of PV Power Applications in Mexico 2010 - Jorge H Huacuz Villamar & Jaime Agredano Diaz - May 2011.pdf

US Has Average Solar System Price of $5.20 per Watt - Carolyn Campbell - GTM - October 2011.docx

National Survey Report PV Power Applications in Italy 2009 - Salvatore Castello, Anna De lillo, Salvatore Guastella & Fabrizio Paletta - May 2010.pdf

Solar Energy Report, Il sistema industriale italiano nel business dell'energia solare - April 2011.pdf

Meldungen, Okt - Nov 2011 (Installations in Germany October - November 2011) - March 2012.xls

Meldungen, Dezember 2011 (Installations in Germany December 2011) - March 2012.xls

Feed in Tariffs in the UK, Number of domestic photovoltaic installations by Local Authority up to December 2011 - 2012.pdf

Digitimes Research, Consistent Demand in US market keeps Greater China solar price steady - Jakie Chang - March 2012.docx

KBC Commodities Report Friday, 23 March 2012 - KBC Banking and Insurance - March 2012.pdf

EnergyTrend, PV Spot Price March 21st Update - March 2012.docx

China, Booming project pipelines and capacity ramp ups - Becky Stuart - PV Magazine - March 2012.docx

NRG Solar's 20 MW Roadrunner solar facility begins energy production - Syanne Olson - PV Tech - September 2011.docx

Impianti a fonti rinnovabili in Italia, Prima stima 2011 - March 2012.pdf

KBC Commodities Report Friday, 30 March 2012 - KBC Banking and Insurance - March 2012.pdf

EnergyTrend, PV Spot Price March 28st Update - March 2012.docx

Page 484: Economics of Photoelectricity - November 13 2012

Bundestag passes adjustment in rates for solar power in EEG - March 2012.docx

Why Distributed Solar is Crucial - P.S. Deodar - Power Engineering - April 2012.docx

Žnderungsantrag der Reg Fraktionen zur Solarkrzung (2012 FiT rules) - March 2012.pdf�Digitimes Research, Flat solar spot prices in Greater China due to long holiday - Jakie Chang - April 2012.docx

EnergyTrend, PV Spot Price April 5th Update - April 2012.docx

KBC Commodities Report Thursday, 5th April 2012 - KBC Banking and Insurance - April 2012.pdf

Digitimes Research, Spot price of polysilicon in Greater china drops to US $22.5 per kg - Jackie Chang - April 2012.docx

Germany parliament approves significant FiT cuts, limitation of compensation eligibility - April 2012.docx

KBC Commodities Report Thursday, 13th April 2012 - KBC Banking and Insurance - April 2012.pdf

National Survey Report PV Power Applications in the United Kingdom 2008 - Samantha Cook - May 2009.pdf

One More Solar Overhang Removed, Italian Draft Law in Line - Jesse Pichel, Min Xu & Joseph Fong - April 2012.pdf

Rapporto mensile sul sistema elettrico - Terna Rete Italia - March 2012.pdf

European Household Electricity Price Index for Europe (HEPI) - June 2009.pdf

European Household Electricity Price Index for Europe (HEPI) - March 2012.pdf

European Household Electricity Price Index for Europe (HEPI) - March 2011.pdf

European Household Electricity Price Index for Europe (HEPI) - June 2011.pdf

European Household Electricity Price Index for Europe (HEPI) - July 2011.pdf

European Household Electricity Price Index for Europe (HEPI) - August 2011.pdf

European Household Electricity Price Index for Europe (HEPI) - September 2011.pdf

European Household Electricity Price Index for Europe (HEPI) - October 2011.pdf

European Household Electricity Price Index for Europe (HEPI) - November 2011.pdf

European Household Electricity Price Index for Europe (HEPI) - December 2011.pdf

European Household Electricity Price Index for Europe (HEPI) - January 2012.pdf

European Household Electricity Price Index for Europe (HEPI) - February 2012.pdf

European Household Electricity Price Index for Europe (HEPI) - March 2010.pdf

European Household Electricity Price Index for Europe (HEPI) - November 2010.pdf

European Household Electricity Price Index for Europe (HEPI) - January 2010.pdf

Quarterly Report on European Electricity Markets, Volume 4, Issue 1 - Janurary 2011 to March 2011.pdf

European Household Electricity Price Index for Europe (HEPI) - February 2011.pdf

European Household Electricity Price Index for Europe (HEPI) - January 2011.pdf

European Household Electricity Price Index for Europe (HEPI) - December 2010.pdf

European Household Electricity Price Index for Europe (HEPI) - October 2010.pdf

European Household Electricity Price Index for Europe (HEPI) - September 2010.pdf

European Household Electricity Price Index for Europe (HEPI) - August 2010.pdf

European Household Electricity Price Index for Europe (HEPI) - July 2010.pdf

European Household Electricity Price Index for Europe (HEPI) - June 2010.pdf

European Household Electricity Price Index for Europe (HEPI) - May 2010.pdf

European Household Electricity Price Index for Europe (HEPI) - April 2010.pdf

European Household Electricity Price Index for Europe (HEPI) - February 2010.pdf

European Household Electricity Price Index for Europe (HEPI) - May 2009.docx

European Household Electricity Price Index for Europe (HEPI) - August 2009.docx

European Household Electricity Price Index for Europe (HEPI) - October 2009.pdf

European Household Electricity Price Index for Europe (HEPI) - November 2009.pdf

European Household Electricity Price Index for Europe (HEPI) - December 2009.pdf

European Household Electricity Price Index for Europe (HEPI) - September 2009.pdf

European Household Electricity Price Index for Europe (HEPI) - July 2009.pdf

GCL 2011 Full Year Results - March 2012.pdf

European Household Electricity Price Index for Europe (HEPI) - April 2011.pdf

European Household Electricity Price Index for Europe (HEPI) - May 2011.pdf

Proposed 2012 Conto Energia V FiT Rules - April 2012.pdf

Country Report Germany Annex 28 Task 1 (Heat Pump Water Heating Statistics) - 2003.pdf

PV Status in Japan, Overcoming March 11th - Izumi Kaizuka - December 2011.pdf

Japan, Subsidy notes - April 2012.docx

Ontario's Green Energy Act - October 2010.pdf

Feed-In Tariff Prices for Renewable Energy Projects in Ontario - August 2010.pdf

Ontario's Feed-in Tariff Program Two-year Review Report - March 2012.pdf

Digitimes Research, Order visibility of solar firms clear to end of 2Q12 - Jackie Chang - April 2012.docx

Energy Use in the New Millennium - IEA - 2007.pdf

Energy in Japan - 2003.pdf

Statistic data on the German Solar power (photovoltaic industry) - BSW - April 2012.pdf

Consolidation Chronicles, Canadian Solar Acquires Stake in 200 MW of SkyPower PV Projects - Eric Wesoff - GTM - April 2012.docx

Digitimes Research, China solar module makers see major reshuffle in 4Q11 rankings - Sophia Chen - April 2012.docx

KBC Commodities Report Friday, 20th April 2012 - KBC Banking and Insurance - April 2012.pdf

EnergyTrend, PV Spot Price April 18th Update - Aprl 2012.docx

Comprehensive Review Phase 2a Consultation on Feed in Tariffs for solar PV - DECC - February 2012.pdf

Page 485: Economics of Photoelectricity - November 13 2012

Energy Prices and Taxes, Q4 2009 - IEA - February 2010.pdf

Price hikes expected for polysicon - Mark LaPedus - Janurary 2006.docx

Slide Show, Is Thin-Film Solar Dead - GTM - April 2012.docx

Largest Solar PV Plant in North America Comes On-Line - Eric Wesoff - April 2012.docx

Natural Gas, Domestic Consumers, half-yearly prices, Taxes included, New methodology from 2007 onwards - Energy Portal - Accessed April 2012.xls

Electricity, Domestic Consumers, half-yearly prices, Taxes included, New methodology from 2007 onwards - Energy Portal - Accessed April 2012.xlsm

Japan publishes feed-in tariffs - Craig Morris - April 2012.docx

Photovoltaic raw materials prices to shrink in 2009, iSuppli says - Suzanne Deffree - EDN - November 2008.docx

Polysilicon Cycles, The End of Oligopolistic Pricing Power - Philipp Gerbert & Holger Rubel - October 2009.docx

Solar Grade Polysilicon shortage continue, Average selling price increase in the coming 2008 - December 2007.docx

Asia polysilicon prices to firm in 2011 on solar demand - Felicia Loo - January 2011.docx

China's Solar Energy Industry, Polysilicon 2007-2011 - Susan Myers & LY Yuan - 2012.docx

Polysilicon prices jump amid severe product shortages - Mark LaPedus - May 2005.docx

Main Issues of 2009 PV Market - Kenny Kim - January 2009.docx

Solar cell spot price records 7.2% growth - August 2010.docx

2009-2010 Global PV Market Forecast and Key Issues - Kenny Kim - March 2009.docx

Global Clean Energy - Solar - March 2012.docx

Digitimes Research, High demand in Europe holds Greater China solar spot prices steady - Jackie Chang - April 2012.docx

PV Feedstock Costs, Five Year Outlook - Jan Maurits - 2003.pdf

Outlook for Photovoltaics, Market and Technology - November 2008.pdf

Full Steam Ahead - February 2006.pdf

Polycrystalline Silicon Study - E.N. Costogue et al. - JPL - May 1984.pdf

Electricity in Japan - November 2009.docx

Poly Plant Project, Inc. Your Partner for Proven TCS-Based Polysilicon Plant Planning and Design.pdf

Green Energy Market Presents Modest Risk, A Safe Bet - Clay Boswell - January 2010.docx

Inland Revenue Board of Review Decisions - March 2002.pdf

Wacker opens Nunchritz polysilicon production facilities - Becky Stuart - April 2012.docx

Electricity Rates and Rate Systems (yen per kwh) - 2011.pdf

Utilities have monopoly on power - Kazuaki Nagata - September 2011.docx

2011 TEPCO Illustrated.pdf

Global Trends in Clean Energy Investment - Michael Liebreich - April 2012.pdf

Japan Solar, Wind, & Geothermal Feed-in Tariffs Coming Soon (Potential Rates Unveiled) - Zachary Shahan - April 2012.docx

Japan utilities to lift May electricity prices on higher fuel cost - Atsuko Kawasaki - April 2012.docx

Power in G-20 and N-11 Countries - At What Cost, Overview of Electricity Tariffs -September 2010.pdf

Betting on the future, A look at Solar Frontier's Kunitomi CIS thin film PV manufacturing facility - Christian Rolseund - August 2011.docx

EnergyTrend, PV Spot Price May 2nd Update - May 2012.docx

Digitimes Research, Solar spot prices ifn Greater china freeze before final verdict of anti-dumping and anti-subsidy investigation - Jackie Chang - May 2012.docx

Digitimes Research, Solar spot prices in Greater China remain flat despite continuous demand from Europe - Jackie Chang - May 2012.docx

Price PV, FiT Rates in France from April to June 2012 - April 2012.docx

Overview on Electricity Tariffs in G20 and N11 Countries.pdf

Global Market Outlook for Photovoltaics Until 2016 - EPIA - May 2016.pdf

Das Jahr des Drachen (Year of the Dragon) - April 2012.pdf

Comparing Germany's and California's Interconnection Processes for PV Systems - A. Tweedie & E. Doris - NREL - July 2011.pdf

Barriers to Commercialization of Large-Scale Solar Electricity, Lessons Learned from the LUZ Experience - Michael otker - November 1991.pdf

Learning from the Sun - Gerrit Jan Schaeffer et al. - ECN - August 2004.pdf

National Survey Report of PV Power Applications in Japan 2010 - Osamu Ikki - June 2011.pdf

China Dims 'Golden Sun' Solar Subsidy - May 2012.docx

KBC Commodities Report Friday, 27th April 2012 - KBC Banking and Insurance - April 2012.pdf

PVinsights Weekly Spot Price Update for May 16th, 2012 - May 2012.docx

In Confronting Its Biggest Foe, Green Movement Also Fights Itself - Jeffrey Ball - WSJ - April 2009.docx

Renewable Energy, meet the New Nimbys - Jeffrey Ball - WSJ - September 2009.docx

Clean Energy Sources, Sun, Wind and Subsidies - Jeffrey Ball - WSJ - January 2010.docx

Unbridled Energy, Predicting Volatile Wind, Sun - Jeffrey Ball - WSJ - October 2009.docx

ReneSola Q1 2012 Earnings Presentation - May 2012.pdf

GCL-Poly Energy Holdings, Downgrade to Sell, Weak Margins after Poly Price Drop - CITI - March 2012.pdf

PV Module Costs and Prices, What is Really Happening Now - Sam Wilkinson - February 2012.docx

Lowering Wafer Manufacturing Cost by Balancing and Optimizing the Ingot Growth and Slicing Processes - Sandro Bouchat - February 2011.pdf

Improving Wafering Cost of Ownership by Optimizing Mass Ingot Yield - Jeff Neste-Pass & Scott Kroeger - 2010ish.docx

PV equipment suppliers emphasise cost reductions through new tools - Sara Ver-Bruggen - May 2012.docx

Siliken, General Introduction - 2007.pdf

Siliken Canada Corporation opens 50 MW solar module manufacturing facility in Windsor, Ontario - May 2011.docx

Siliken Presentation - Antonio Navarro - March 2011.pdf

A River of Energy, Solar Economics for Government Projects Today - Karen Butterfield - 2011.pdf

Yuanta Solar Industry Update 10 February, 2011 - February 2011.pdf

Yuanta Solar Industry Update 18 July, 2011 - July 2011.pdf

Page 486: Economics of Photoelectricity - November 13 2012

Yuanta Solar Industry Update 16 February, 2011 - February 2011.pdf

Yuanta Solar Industry Update 6 January, 2011 - January 2011.pdf

Yuanta Solar Industry Update 21 October, 2010 - October 2010.pdf

Yuanta Solar Industry Update 11 October, 2010 - October 2010.pdf

Yuanta Solar Industry Update 6 August 2010 - August 2010.pdf

Yuanta Solar Industry Update 5 July 2010 - July 2010.pdf

Yuanta Solar Industry Update 12 July 2010 - July 2010.pdf

China Alternative Energy - November 2011 (Great Resource).pdf

Yuanta Solar Industry Update 26 January 2011 - January 2011.pdf

Yuanta Solar Industry Update 19 January 2011 - January 2011.pdf

Yuanta Solar Industry Update 23 February 2011 - February 2011.pdf

Yuanta Solar Industry Update 3 September 2010 - September 2010.pdf

Yuanta Solar Industry Update 13 September 2010 - September 2010.pdf

Yuanta Solar Industry Update 19 January 2012 - January 2012.pdf

Yuanta Solar Industry Update 29 November 2010 - November 2010.pdf

Yuanta Solar Industry Update 29 July 2010 - July 2010.pdf

Yuanta Solar Industry Update 16 November, 2011 - November 2011.pdf

Yuanta Solar Industry Update 16 July, 2010 - July 2010.pdf

Yuanta Solar Industry Update 16 September 2010 - September 2010.pdf

Yuanta Solar Industry Update 19 July 2010 - July 2010.pdf

On the Grid 6 Sep, 2010 - September 2010.pdf

Yuanta, On the Grid 14 October, 2010 - October 2010.pdf

Yuanta, On the Grid 16 August, 2010 - August 2010.pdf

Yuanta, On the Grid 23 December, 2010 - December 2010.pdf

Spot Polysilicon Drops 4.1% to $24.7, PV Insights Says - Ben Sills - April 2012.docx

PVinsights Weekly Spot Price Update for November 10th, 2010 - November 2010.docx

PVinsights Weekly Spot Price Update for September 27th,, 2010 - September 2010.docx

PVinsights Weekly Spot Price Update for August 30th, 2010 - August 2010.docx

PVinsights Weekly Spot Price Update for July 26th, 2010 - July 2010.docx

PVinsights Weekly Spot Price Update for January 26th, 2012 - January 2012.docx

PVinsights Weekly Spot Price Update for September 6th, 2010 - September 2010.docx

PVinsights Weekly Spot Price Update for October 6th, 2010 - October 2010.docx

PVinsights Weekly Spot Price Update for August 2nd, 2010 - August 2010.docx

PVinsights Weekly Spot Price Update for June 30th, 2010 - June 2010.docx

PVinsights Weekly Spot Price Update for June 2nd, 2010 - June 2010.docx

PVinsights Weekly Spot Price Update for April 28th, 2010 - April 2010.docx

PVinsights Weekly Spot Price Update for March 31st, 2010 - March 2010.docx

PVinsights Weekly Spot Price Update for June 24th, 2009 - June 2009.docx

Solar-Grade Polysilicon Rises 4.5% on Week, PV Insights Says - Ben Sills - January 2012.docx

Nomura Research, Asia Solar Array 25th April 2012 - April 2012.pdf

Nomura Research, Asia Solar Array 18th April, 2012 - April 2012.pdf

Nomura Research, Asia Solar Array May 2nd, 2012 - May 2012.pdf

Nomura Research, Asia Solar Array 11th April, 2012 - April 2012.pdf

Nomura Research, Asia Solar Array 28th March 2012 - March 2012.pdf

WilderShares Q1 2012 Quarterly Report - March 2012.pdf

REC, Granular Polysilicon Technology - Tore Torvund - May 2012.pdf

List of Market Research Companies.docx

Nomura Research, Grid parity is near, but sector remains in oversupply with profitability still elusive - March 2012.pdf

Fondsfinans, REC Preview Q3 2011 - October 2011.pdf

Fubon Research, Morning Call - December 2011.pdf

PVinsights Weekly Spot Price Update for February 1st, 2012 - February 2012.docx

PVinsights Weekly Spot Price Update for January 25th, 2012 - January 2012.docx

PVinsights Weekly Spot Price Update for February 22nd, 2012 - February 2012.docx

PVinsights Weekly Spot Price Update for February 29nd, 2012 - February 2012.docx

PVinsights Weekly Spot Price Update for 7th March, 2012 - March 2012.docx

PVinsights Weekly Spot Price Update for 14th March, 2012 - March 2012.docx

Solarstromanlagen seit 2006 rund 65% gunstiger - April 2012.pdf

Surrogate Country Selection in Proceedings Involving Non-Market Economy Countries - 2007.pdf

Global PV Market 2011 - BSW - March 2012.pdf

KBC Commodities Report Wednesday 16th May 2012 - KBC Banking and Insurance - May 2012.pdf

KBC Commodities Report Friday 11th May 2012 - KBC Banking and Insurance - May 2012.pdf

KBC Commodities Report Friday 2nd September 2011 - KBC Banking and Insurance - September 2011.pdf

KBC Commodities Report Friday 9th September 2011 - KBC Banking and Insurance - September 2011.pdf

KBC Commodities Report Friday 16th September 2011 - KBC Banking and Insurance - September 2011.pdf

KBC Commodities Report Thursday 22nd September 2011 - KBC Banking and Insurance - September 2011.pdf

Page 487: Economics of Photoelectricity - November 13 2012

KBC Commodities Report Friday 30th September 2011 - KBC Banking and Insurance - September 2011.pdf

KBC Commodities Report Friday, 07 October 2011 - KBC Banking and Insurance - October 2011.pdf

Daqo 2011 20-F - April 2012.pdf

EnergyTrend, PV Spot Price May 15th Update - May 2012.docx

China Sunergy Announces First Quarter 2012 Financial Results - May 2012.docx

China Sunergy 2010 Annual Report - 2011.pdf

Malaysia considers adjusting FIT due to volume of solar - Becky Stuart - May 2012.docx

Thin Film Manufacturing in the Sub-Dollar-Per-Watt Market, Part II - MJ Shiao - GTM - May 2012.docx

Platts International Coal Report, Issue 1030 - July 2011.pdf

Platts International Coal Report, Issue 622 - July 2003.pdf

The Rise of Futures in International Coal Markets, The Asian Challenge - Gareth Carpenter - Platts - July 2009.pdf

Platts Coal Outlook Vol 35, No 28 - July 2011.pdf

Coal News and Markets - EIA - June 2010.pdf

Suntech Q1 2012 Earnings Presentation - May 2012.pdf

Trina Q1 2012 Earnings Presentation - May 2012.pdf

UK FIT cuts to take effect from August - Becky Beetz - May 2012.docx

Swiss FIT Info - Accessed May 2012.docx

PVinsights Weekly Spot Price Update for 23rd May, 2012 - May 2012.docx

PVinsights Weekly Spot Price Update for 14th September, 2011 - September 2012.docx

PVinsights Weekly Spot Price Update for 3rd August, 2011 - August 2011.docx

PVinsights Weekly Spot Price Update for 23rd November, 2011 - November 2011.docx

PVinsights Weekly Spot Price Update for 9th November, 2011 - November 2011.docx

PVinsights Weekly Spot Price Update for 2nd November, 2011 - November 2011.docx

PVinsights Weekly Spot Price Update for 19th October, 2011 - October 2011.docx

PVinsights Weekly Spot Price Update for 5th October, 2011 - October 2011.docx

PVinsights Weekly Spot Price Update for 21st September 2011 - September 2011.docx

PVinsights Weekly Spot Price Update for 31st August 2011 - August 2011.docx

PVinsights Weekly Spot Price Update for 17th August 2011 - August 2011.docx

PVinsights Weekly Spot Price Update for 13th July, 2011 - July 2011.docx

PVinsights Weekly Spot Price Update for 29th June, 2011 - June 2011.docx

PVinsights Weekly Spot Price Update for 8th June, 2011 - June 2011.docx

PVinsights Weekly Spot Price Update for 25th May, 2011 - May 2011.docx

PVinsights Weekly Spot Price Update for 1st June, 2011 - June 2011.docx

PVinsights Weekly Spot Price Update for 22nd June, 2011 - June 2011.docx

PVinsights Weekly Spot Price Update for 27th July, 2011 - July 2011.docx

Partial PVinsights Weekly Spot Price Update for Feburary 8th, 2012 - February 2012.docx

Partial PVinsights Weekly Spot Price Update for January 4th, 2012 - January 2012.docx

Partial PVinsights Weekly Spot Price Update for October 13th, 2010 - October 2010.pdf

Partial PVinsights Weekly Spot Price Update for May 11th, 2011 - May 2012.docx

Partial PVinsights Weekly Spot Price Update for January 27th, 2010 - January 2010.docx

Partial PVinsights Weekly Spot Price Update for September 16th, 2009 - September 2009.docx

PVinsights Weekly Spot Price Update for April 27th, 2011 - April 2011.docx

PVinsights Weekly Spot Price Update for May 4th, 2011 - May 2011.docx

PVinsights Weekly Spot Price Update for February 15th, 2012 - February 2012.docx

PVinsights Weekly Spot Price Update for December 21st, 2011 - December 2011.docx

PVinsights Weekly Spot Price Update for January 11th, 2012 - January 2012.docx

PVinsights Weekly Spot Price Update for December 28th, 2011 - December 2011.docx

PVinsights Weekly Spot Price Update for December 7th, 2011 - December 2011.docx

PVinsights Weekly Spot Price Update for April 4th, 2012 - April 2012.pdf

PVinsights Weekly Spot Price Update for April 18th, 2012 - April 2012.pdf

PVinsights Weekly Spot Price Update for March 3rd, 2011 - March 2011.pdf

PVinsights Weekly Spot Price Update for April 6th, 2011 - April 2011.pdf

PVinsights Weekly Spot Price Update for March 30th, 2011 - March 2011.pdf

PVinsights Weekly Spot Price Update for April 25th, 2012 - April 2012.pdf

PVinsights Weekly Spot Price Update for April 13th, 2011 - April 2011.pdf

PVinsights Weekly Spot Price Update for January 12th, 2011 - January 2011.pdf

PVinsights Weekly Spot Price Update for February 9th, 2011 - February 2011.pdf

PVinsights Weekly Spot Price Update for February 16th, 2011 - February 2011.pdf

PVinsights Weekly Spot Price Update for January 5th, 2011 - January 2011.pdf

PVinsights Weekly Spot Price Update for September 14th, 2011 - September 2011.pdf

PVinsights Weekly Spot Price Update for March 9th, 2011 - March 2011.pdf

PVinsights Weekly Spot Price Update for March 23rd, 2011 - March 2011.pdf

EnergyTrend, PV Spot Price May 23rd Update - May 2012.docx

PVinsights Weekly Spot Price Update for May 2nd, 2012 - May 2012.docx

PVinsights Weekly Spot Price Update for April 18th, 2012 - April 2012.docx

Page 488: Economics of Photoelectricity - November 13 2012

PVinsights Weekly Spot Price Update for April 25th, 2012 - April 2012.docx

PVinsights Weekly Spot Price Update for April 4th, 2012 - April 2012.docx

PVinsights Weekly Spot Price Update for May 18th, 2011 - May 2011.docx

Partial PVinsights Weekly Spot Price Update for January 20th & February 24th, 2010 - February 2010.docx

Explanatory Memorandum forBenchmark Capital Cost Norms for Solar PV Power Projects and Solar Thermal Power Projects - September 2010.pdf

Partial PVinsights Weekly Spot Price Update for April 14th, 2010 - April 2010.docx

Partial PVinsights Weekly Spot Price Update for July 21st, 2010 - July 2010.docx

Partial PVinsights Weekly Spot Price Update for August 11th, 2010 - August 2010.docx

Partial PVinsights Weekly Spot Price Update for July 14th, 2010 - July 2010.docx

Partial PVinsights Weekly Spot Price Update for September 15th, 2010 - September 2010.docx

Partial PVinsights Weekly Spot Price Update for June 9th, 2010 - June 2010.docx

Yingli Q1 2012 Earnings Presentation - May 2012.pdf

German Solar Bubble, Look Again! - Craig Morris - June 2012.pdf

Hanwha SolarOne Reports First Quarter 2012 Results - May 2012.docx

EnergyTrend, PV Spot Price May 30th Update - May 2012.docx

How low can polysilicon spot prices go - Mark Osborne - August 2011.docx

EnergyTrend, PV Spot Price July 13th, 2011.docx

EnergyTrend, PV Spot Price December 7th, 2011.docx

EnergyTrend, PV Spot Price November 16th, 2011.docx

EnergyTrend, PV Spot Price November 30th, 2011.docx

EnergyTrend, PV Spot Price November 23rd, 2011.docx

EnergyTrend, PV Spot Price January 11th, 2012.docx

EnergyTrend, PV Spot Price January 4th, 2012.docx

EnergyTrend, PV Spot Price December 14th, 2011.docx

EnergyTrend, PV Spot Price December 22nd, 2011.docx

EnergyTrend, PV Spot Price December 28th, 2011.docx

EnergyTrend, PV Spot Price April 11th, 2012.docx

IEEE, standards will enable home energy management, An update on progress, behind the scenes - Phil Carson - May 2012.docx

Canadian Solar Investor Presentation - May 2012.pdf

First Solar Q1 2012 Earnings Presentation - May 2012.pdf

2012 SEMI Roadmap for Photovoltaics - Bigger, Thinner, Faster, Cheaper - Martin Green - 2012.pdf

Beyond Boom and Bust - Jesse Jenkins et al. - April 2012.pdf

Canadian Solar records promising Q1 2012 - Becky Stuart - May 2012.docx

Nomura Research, Asia Solar Array 9th March 2012, March 2012.pdf

EnergyTrend, PV Spot Price June 6th, 2012.docx

EnergyTrend, PV Spot Price May 18th, 2011 - May 2011.doc

EnergyTrend, PV Spot Price June 13th, 2011 - June 2011.doc

EnergyTrend, PV Spot Price March 17th, 2011 - March 2011.doc

EnergyTrend, PV Spot Price February 17th, 2011 - February 2011.doc

LEDS, The Energy Efficiency Game Changer - Tom Rowlands-Rees - April 2011.pdf

HB-LED maker drive economic improvement with alternative substrates, automation, and yield - Paula Doe - May 2012.doc

Feed-in tariff for promoting solar PV, progressing from dynamic to allocative efficiency - William Bell & John Foster - March 2012.pdf

PVinsights Weekly Spot Price Update for June 6th, 2012 - June 2012.docx

Rooftop PV Information Paper, National Electricity Forecasting - AEMO - 2012.pdf

Nicholas Was Solar Photovoltaic Weekly Report - August 2010.pdf

Nicholas Was Solar Photovoltaic Weekly Report - July 2010.pdf

Nicholas Was Solar Photovoltaic Weekly Report - August 2010.pdf

Nicholas Was Solar Photovoltaic Weekly Report - August 2010.pdf

Solar Ready Homes and Solar Oriented Developments, 2013 California Building Energy Efficiency Standars - May 2011.pdf

3803 Weekly Solar PV Installation and Capacity January 22nd, 2012.xls

Staying Alive, Could Thin-film Manufacturers Come Out Ahead in the PV Wars, Part 1 - Jennifer Runyon - June 2012.docx

'Net' vs 'Gross' feed-in tariffs - what's the difference - April 2009.docx

Solid-State Lighting Research and Development, Manufacturing Roadmap - July 2011.pdf

FiT Info on Australia - Energy Matters - Accessed June 2012.docx

PV in Australia 2011 - APVA - May 2012.pdf

Germany Building 17 New Coal, 29 New Gas-Fired Power Stations - Reuters - April 2012.docx

Intersolar EU, Conergy launches 'complete PV system' - Anne Zimmermann - June 2012.docx

Energy in Australia 2011 - 2011.pdf

Energy Update 2011 - Andrew Schultz and Rebecca Petchey - June 2011.pdf

PVinsights Weekly Spot Price Update for June 13th, 2012 - June 2012.docx

EnergyTrend, PV Spot Price June 13th, 2012.docx

Solar intermittency, Australia's clean energy challenge - CSIRO - June 2012.pdf

Meldungen, Januar - April 2012 (Installations in Germany January to April 2012) - June 2012.xls

Impact of wind Power Forecasting on Unit Comitment and Dispatch - Jianhui Wang et al. - circa 2010.pdf

Clean Energy Australia Report 2011.pdf

Page 489: Economics of Photoelectricity - November 13 2012

PV Status Report 2010 - JRC - August 2010.pdf

Reactive Power and Grid Integration - SMA.pdf

Economic Dispatch and ERCOT - Ross Baldick - April 2004.pdf

Module Cost Structure Breakdown, Can Thin Film Survive the Crystalline Silicon Onslaught - Lux Research - 2010.pdf

3803 Weekly Solar PV Installation and Capacity February 12th, 2012.xls

3803 Weekly Solar PV Installation and Capacity March 11th, 2012.xls

3803 Weekly Solar PV Installation and Capacity March 18th, 2012.xls

FACT SHEET, Commerce Preliminarily Finds Dumping of Crystalline Silicon Photovoltaic Cells - May 2012.pdf

3803 Weekly Solar PV Installation and Capacity April 1st, 2012.xls

3803 Weekly Solar PV Installation and Capacity April 8th, 2012.xls

3803 Weekly Solar PV Installation and Capacity April 15th, 2012.xls

3803 Weekly Solar PV Installation and Capacity April 22nd, 2012.xls

LCOE of Solar PV in North Carolina - February 2012.pdf

Renewables Portfolico Standard Quarterly Report, 4th Quarter 2011, Cost Reporting in Compliance with SB 836 - CPUC - 2012.pdf

3803 Weekly Solar PV Installation and Capacity May 13th, 2012.xls

3803 Weekly Solar PV Installation and Capacity May 20th, 2012.xls

3803 Weekly Solar PV Installation and Capacity May 27th, 2012.xls

Determination of Angstrom's Turbidity Coefficient at Valencia - J. Canada, J.M. Pinazo & J. V. Bosca - Renewable Energy - 1993.pdf

Report of the Independent Consultant's Review with Respect to the DOE Loan and Loan Guarantee Portfolio - January 2012.pdf

BP Statistical Review of World Energy - June 2012.xlsx

P Statistical Review of World Energy - June 2012.pdf

Solar Boom in Japan Creating $9.6B Market - Chisaki Watanabe - Bloomberg - June 2012.docx

xtrem ausverkauft (Module Price Update) - 20XX.pdf

Renewables Global Status Report 2012 - June 2012.pdf

3803 Weekly Solar PV Installation and Capacity June 10th, 2012.xls

SDG&E puts Sunrise Powerlink high-voltage transmission line into service - June 2012.docx

JinkoSolar Announces First Quarter 2012 Results - June 2012.docx

PVinsights Weekly Spot Price Update for June 20th, 2012 - June 2012.docx

EnergyTrend, PV Spot Price June 20th, 2012.docx

PVX spot market price index solar PV modules - June 2012.docx

The Use of Heat Rates in Produciton Cost Modeling and market Modeling - Joel Klein - April 1998.pdf

Efficient Heat Rate Benchmarks for Coal-Fired Generating Units - B.F. Roberts & Lessly goudarzi - 1998.docx

Coal-Fired Power Plant Heat Rate Reductions - Sargent & Lundy - January 2009.pdf

The Feed in Tariff Scheme in the Italian Case - F. Tilli, A. Berni, A. Grassi & M. Pellegrino - GSE - November 2008.pdf

Geographic Distribution Map of PV in Germany as of December 2011.pdf

Extrem ausverkauft (Module Prices) - December 2009.pdf

Solar Cell Efficiency Tables (Version 33) - Martin Green, Keith Emery, Yoshihiro Hishikawa & Wihelm Warta - Progress in Photovoltaics - 2009.pdf

Solar Cell Efficiency Tables (Version 36) - Martin Green, Keith Emery, Yoshihiro Hishikawa & Wihelm Warta - Progress in Photovoltaics - June 2010.pdf

Solar Cell Efficiency Tables (Version 37) - Martin Green, Keith Emery, Yoshihiro Hishikawa & Wihelm Warta - Progress in Photovoltaics - 2011.pdf

Solar Cell Efficiency Tables (Version 27) - Martin Green, Keith Emery, Yoshihiro Hishikawa & Wihelm Warta - Progress in Photovoltaics - 2006.pdf

European Household Electricity Price Index for Europe (HEPI) for May 2012 - May 2012.pdf

Solar Cell Efficiency Tables (Version 32) - Martin Green, Keith Emery, Yoshihiro Hishikawa & Wihelm Warta - Progress in Photovoltaics - 2008.pdf

European Household Electricity Price Index for Europe (HEPI) for April 2012 - May 2012.pdf

European Household Electricity Price Index for Europe (HEPI) for June 2012 - June 2012.pdf

Analysis, Solar firms seek new financing as subsidies fade - Matt Daily - June 2012.docx

Tariff Table 1 August 2012 PV Only - Accessed June 2012.pdf

FITs Annual Report 2010 - 2011.pdf

Feed-in Tariff Table 1 April 2012.pdf

U.K. FIT generator guidance - 2012.pdf

Boost of Solar Power Projects Emerge in China's Xinjiang Region - Liu Yuanyuan - June 2012.docx

PVinsights Weekly Spot Price Update for June 27th, 2012 - June 2012.docx

3803 Weekly Solar PV Installation and Capacity July 1st, 2012.xls

3803 Weekly Solar PV Installation and Capacity June 24th, 2012.xls

EnergyTrend, PV Spot Price July 4th, 2012.docx

PVinsights Weekly Spot Price Update for July 4th, 2012 - July 2012.docx

How to Prolong Lithium-based Batteries - Accessed July 2012.docx

Monthly Natural Gas Survey - IEA - March 2012.pdf

Monthly Natural Gas Survey - IEA - January 2010.pdf.xls

Monthly Natural Gas Survey - IEA - January 2012.pdf.xls

Monthly Natural Gas Survey - IEA - January 2008.pdf.xls.xlsx

Monthly Natural Gas Survey - IEA - January 2006.pdf.xls.xlsx

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Monthly Natural Gas Survey - IEA - January 2002.pdf.xls.xlsx.xls

Electricity Installed Capacity by Type, GW (2003 - 2005).xls

Monthly Natural Gas Survey - IEA - January 2000.pdf.xls.xlsx.xls

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Monthly Natural Gas Survey - IEA - January 1999.pdf.xls.xlsx.xls

Monthly Natural Gas Survey - IEA - January 2001.pdf.xls.xlsx.xls

Monthly Natural Gas Survey - IEA - March 2012.pdf.xls.xlsx.xls

Electricity & Heat in Germany in 2009 - IEA - Accessed July 2012.docx

Monthly Natural Gas Survey - IEA - March 2012..pdf

Germany Coal Consumption by Year - Accessed July 2012.docx

Germany Coal Data for 2010.pdf

Germany Coal Map.pdf

Coal Consumtion in Selected Countries - Accessed July 2012.xls

Germany Analysis Brief, EIA - Accessed July 2012.docx

50 Years of Coal Statistics.pdf

Coal Industry Across Europe 2011.pdf

Germany 2004 Coal Statistics - January 2005.docx

Annual Report 2011, Fakts and Trends 2010 and 2011.pdf

Geothermal in Germany - Status quo and future prospects - Werner Bubmann - 2008.pdf

Energy storage, the missing link in evolution of solar - Felicity Carus - July 2012.docx

Installed Geothermal Capacity.docx

Installed Geothermal Capacity in Germany 2009.docx

Geothermal International Market Overview - May 2012.pdf

Sustainability Declaration, Queensland Australia - 2010ish.docx

Nuclear Power in Germany - June 2012.docx

Biomass and Waste Electricity Installed Capacity (2005 - 2009) - EIA.xls

Nuclear Electricity Installed Capacity (2005 - 2009) - EIA.xls

Hydroelectricity Installed Capacity (2005 - 2009) - EIA.xls

Hydroelectric Pumped Storage Electricity Installed Capacity (2005 - 2009) - EIA.xls

Geothermal Electricity Installed Capacity (2005 - 2009) - EIA.xls

Total Conventional Thermal Electricity Installed Capacity (2005 - 2009) - EIA.xls

Total Electricity Installed Capacity (2005 - 2009) - EIA.xls

Renewable Energy Sources in Germany - key information 2011 at a glance - March 2012.pdf

German electricity data from 1990 to 2011 - Karl-Friedrich Lenz - March 2012.docx

German electricity data from 1990 to 2011.pdf

Ergon Energy, Queensland Australia Energy Use - 2009ish.docx

Customer Protections and Smart Meters, Issues for Queensland - May Mauseth Johnston - November 2009.pdf

Country Pictures, Germany.pdf

Progressive Tariffs for Residential Electricity Consumption, An Option for Germany - Dr. Kerstin Tews - October 2011.pdf

Energy efficiency called for in Europe - Anton Eckl & Regine Oyntzen - May 2011.pdf

Brazil's Attept at Distributed Generation, Will Net Metering Work - Rafael Figueiredo - July 2012.docx

First Wind chief executive says life without PTC is possible - Richard Kessler - June 2012.doc

Nomura Research, Asia Solar Array 21st March 2012, March 2012.pdf

RES Bulgaria, Feed-In Tariff (FIT) for 2011 - May 2011.doc

Goldisthal Pumped-Storage Plant, More than Power Production - Thomas Beyer - 200X.doc

Germany's E.ON to Add 300 MW Pumped Hydro Energy Storage - Pete Singer - December 2010.doc

Japan Deutsche Bank forecasts falling PV installation costs, but says hurdles remain - Becky Beetz - July 2012.doc

LED manufacturers reduce cost with automation, larger wafers, and new materias - Laura Peters - March 2012.doc

Electricity price scenarios until at least the year 2020 in selected EU countries - January 2012.pdf

PVinsights Weekly Spot Price Update for July 11th, 2012 - July 2012.docx

PVinsights Weekly Spot Price Update for July 18th, 2012 - July 2012.docx

EnergyTrend, PV Spot Price July 18th Update - July 2012.docx

EnergyTrend, PV Spot Price July 11th Update - July 2012.docx

Electricity Consumption and Efficiency Trends in the Enlarged European Union - Paolo Bertoldi & Bogdan Atanasiu - JRC - 2007.pdf

Electricity Consumption and Efficiency Trends in the European Union - Paolo Bertoldi & Bogdan Atanasiu - JRC - 2009.pdf

EnergyTrend, PV Spot Price - July 2012.doc

Certainty for feed-in tariffs - Greg Barker - July 2012.docx

PV Poly Silicon Weekly Spot Price - July 2012.doc

Development of Renewable energy Sources in Germany 2011 - BMU - March 2012.pdf

U.S. Renewable Energy Technical Potentials, A GIS-Based Analysis - Anthony Lopez, Billy Roberts, Donna Heimiller, Nate Blair & Gian Porro - NREL - July 2012.pdf

August 1, all change - Peter Bennett - August 2012.docx

3803 Weekly Solar PV Installation and Capacity July 29th, 2012.xls

3803 Weekly Solar PV Installation and Capacity July 22nd, 2012.xls

PVinsights Weekly Spot Price Update for August 1st, 2012 - August 2012.docx

EnergyTrend, PV Spot Price August 1st, 2012 - August 2012.docx

EnergyTrend, PV Spot Price July 11t Update - July 2012.docx

10 kwp Italian Cost Quote for June 2012.pdf

20 kwp Italian Cost Quote for June 2012.pdf

German Solar Bubble, Look Again - Craig Morris - June 2012.pdf

Page 491: Economics of Photoelectricity - November 13 2012

Meldungen, May - June 2012 (Installations in Germany May to June 2012) - August 2012.xls

Renewable energy sources and CHP , Monthly Bulletin - Hellenic Electricity Market Operator - May 2012.pdf

Renewable energy sources and CHP , Monthly Bulletin - Hellenic Electricity Market Operator - March 2012.pdf

Renewable energy sources and CHP , Monthly Bulletin - Hellenic Electricity Market Operator - January 2012.pdf

Renewable energy sources and CHP , Monthly Bulletin - Hellenic Electricity Market Operator - December 2011.pdf

Renewable energy sources and CHP , Monthly Bulletin - Hellenic Electricity Market Operator - May 2011.pdf

Renewable energy sources and CHP , Monthly Bulletin - Hellenic Electricity Market Operator - April 2012.pdf

Renewable energy sources and CHP , Monthly Bulletin - Hellenic Electricity Market Operator - February 2012.pdf

Renewable energy sources and CHP , Monthly Bulletin - Hellenic Electricity Market Operator - June 2012.pdf

China hikes 2015 solar power target by 40 pct - Reuters - August 2012.docx

3803 Weekly Solar PV Installation and Capacity August 5th, 2012.xls

Wind Generation Nameplate Capacity in the BPA Balancing Authority Area - March 2012.pdf

PVinsights Weekly Spot Price Update for August 8th, 2012 - August 2012.docx

2008 Renewable Energy Data Book - EERE - July 2009.xls

750,000+ Australian households have installed solar panels - July 2012.docx

The World Nuclear Industry Status Report 2012 - July 2012.docx

EnergyTrend, PV Spot Price August 8th Update - August 2012.docx

Domestic electricity use, A high-resolution energy demand model - Ian Richardson, Murray Thomson, David Infield & Conor Clifford - 2010.pdf

Domestic electricity use, A high-resolution energy demand model - Ian Richardson, Murray Thomson, David Infield & Conor Clifford - 2010.xlsm

Benchmarking Soft Costs for PV Systems in the United States - Kristen Ardani - May 2012.pdf

Canadian Solar Q2 2012 Earnings - August 2012.docx

Trina Q2 2012 Earnings - August 2012.docx

Trina Q2 2012 Earnings Presentation - August 2012.pdf

Switzerland cuts Feed in Tariffs for a third time - Becky Beetz - August 2012.docx

Five Key Takeaways for the U.S. Solar Market Trends Report - August 2012.docx

U.S. Solar Market Trends 2011 - Larry Sherwood - August 2011.pdf

TEPCO average price increase 8.46%, electricity prices for households - July 2012.docx

PVinsights Weekly Spot Price Update for August 22nd, 2012 - August 2012.docx

November FiT rates revealed - Peter Bennett - August 2012.docx

3803 Weekly Solar PV Installation and Capacity August 19th.xls

EnergyTrend, PV Spot Price August 22nd Update - August 2012.docx

GCL-Poly 2012 Interim Results - August 2012.pdf

Fast Automated Demand REsponse to Enable the Integration of Renewable Resources - David S. Watson et al. - LBNL - June 2012.pdf

BSW Q2 2012 System Price Graph - August 2012.pdf

Black & Veatch's (RETI'S) Cost of Generation Calculator - Ryan Pletka - May 2011.pdf

Yingli Q2 2012 Earnings Presentation - August 2012.pdf

JA Solar Q2 2012 Earnings - August 2012.docx

Energy Trend, PV Spot Price August 29th - August 2012.doc

PV Poly Silicon Weekly Spot Price August 29th - August 2012.doc

JA Solar Q2 2012 Earnings - August 2012.doc

Jinko Q2 2012 Earnings Presentation - August 2012.pdf

ReneSola Q2 2012 Earnings Presentation - August 2012.pdf

EnergyTrend, PV Spot Price September 5th, 2012.docx

PVinsights Weekly Spot Price Update for September 5th, 2010 - September 2012.docx

3803 Weekly Solar PV Installation and Capacity September 5th 2012 - September 2012.xls

US Solar PV Installations Grow 120%; US Poised to be World's 3rd-Largest Market - August 2012.docx

PV Project, Sunpower's 100 MW Henrietta Plant with a PPA Price below $0.104 - Eric Wesoff - September 2012.docx

PPA Details between SPWR & PGE - Brian K. Cherry - PG&E - September 2012.pdf

Rapporto Mensile Sul Sistema Elettrico - Agosto 2012.pdf

Rapporto Mensile Sul Sistema Elettrico - Dicembre 2009.pdf

Rapporto Mensile Sul Sistema Elettrico - Dicembre 2011.pdf

Renewable Energy in Hawaii - June 2011.pdf

World Cumulative Nuclear and Wind Power Capacity and Net Annual Additions, 1950 - 2008.xls

Net Generation from Petroleum Liquids by State, by Sector June 2012 and 2011 - EIA.xlsx

Net Generation by State, by Sector June 2012 and 2011 - EIA.xlsx

Net Generation from Coal by State, by Sector June 2012 and 2011 - EIA.xlsx

Net Generation from Renewable Sources by State, by Sector June 2012 and 2011 - EIA.xlsx

Net Generation from Natural Gas Sources by State, by Sector June 2012 and 2011 - EIA.xlsx

Table 5. Electric Power Industry Generation by Primary Energy Source, 1990 Through 2010 (MWh) - EIA.xls

Survey form EIA-861 -- Annual Electric Power Industry Report, Form 2.xls

Oz PV forecast upgraded, as world heads for new record - Giles Parkinsn - August 2012.docx

Hawaii Electric Rates Over the Years - October 2011.doc

Electricity Production by source in Hawaii in 2009 - 2010.pdf

Electricity Production by source in Hawaii in 2008 - 2009.pdf

State of Hawaii Data Book Timeseries.xls

Page 492: Economics of Photoelectricity - November 13 2012

State of Hawaii Data Book 2011.xls

Nuclear Statistics for Earth Policy - 2011.pdf

World Cumulative Nuclear Electricity Generating Capacity 1954-2012 - Earth Policy Institute.xls

Hawai Electricity Generation by Source 1981 to 2009.xls

Renewable Energy Technologies, Cost Analysis Series - IRENA - June 2012.pdf

Present situation and future prospect of hydropower in china - Hailun Huang & Zheng Yan - 2009.pdf

Japan, New PV FITs to prompt 3.2 GW installation growth - Becky Beetz - June 2012.docx

Analysis of the Globally Installed Coal-Fired Power Plant Fleet - IEA - 2012.pdf

PVinsights, PV Poly Silicon Weekly Spot Price September 12th.doc

EnergyTrend, PV Spot Price September 12th, 2012.doc

French FiT rates for July to September 2012.doc

Bilan du parc photovoltaique francais raccorde au reseau fin juin 2012 (French installation statistics) - August 2012.pdf

PV installed in The Netherlands 1990 to 2011 - August 2012.doc

Belgium Renewable Energy Statistics 2002 to January 2012 - VREG - January 2012.pdf

PV installations statistics for Belgium - August 2012.xlsx

Italian PV Statistics - September 2012.pdf

2011 PV Installs in Austria - June 2012.pdf

Switzerland PV Statistics - march 2012.pdf

Deutsche Bank revises li-ion battery cost forecasts downward to $250 per kWh by 2020 - Eric Loveday - January 2011.doc

Solar installations in Belgium & Norway, 1996 to 2011 - DataMarket.docx

Meldungen, Juli 2012 (Installations in Germany July 2012) - September 2012.xls

3803 Weekly Solar PV Installation and Capacity September 9th 2012 - September 2012.xls

Net Generation from Hydroelectric (Conventional) Power by State, by Sector June 2012 and 2011 - EIA.xlsx

Solar Price Index, September 2012 - James Martin II - September 2012.docx

Solar panel prices, Compare prices from local installers - August 2012.docx

Expected strong growth in photovoltaics - August 2012.docx

PV market development, 150 MW of additional construction could lie inside 2012 - August 2012.docx

Nearly 20,000 families have received solar cells in 2012 - Karin Tronbech Hansen - September 2012.docx

Denmark to reach 2020 installation goal by Q4 2012 - Nilima Choudhury - September 2012.docx

Cost of Solar in France - October 2011.docx

Cost of Solar in France - 2009ish.docx

Cost and Optimal Feed-in Tariff for Small Scale Photovoltaic Systems in China - Jasper Rigter & Georgeta Vidican - April 2010.pdf

Cost of Solar in France - 2007ish.docx

European Household Electricity Price Index for Europe (HEPI) - August 2012.pdf

Euro to USD monthly exchange rates - Accessed September 2012.docx

Solar Panels Price, Compare my Solar Belgium - Accessed September 2012.docx

Solar Panels Price, Compare my Solar for The Netherlands - Accessed September 2012.docx

Page 493: Economics of Photoelectricity - November 13 2012

Photovoltaic Self-Consumption in Germany, Using Lithium Ion Storage to Increase Self-Consumed Photovoltaic Energy - Braun, Budenbender, Perrin, Collin, Feng and Magnor - ISET, INES & ISEA - September 2009.pdf

Page 494: Economics of Photoelectricity - November 13 2012

Comprehensive Approach to Modeling and Simulation of Photovoltaic Arrays - Marcelo Gradella Villalva, Jonas Rafael Gazoli & Ernesto Ruppert Filho - IEEE Transactions on Power Electronics - May 2009.PDF

Empirical Models for the Correlation of Monthly Average Daily Global Solar Radiation with Hours of Sunshine on a Horizontal Surface at Karachi, Pakistan - Firooz Ahmad & Intakhab Ulfat - Turk J. Phys - 2004.pdf

Page 495: Economics of Photoelectricity - November 13 2012

A multiple-block fuzzy logic-based electric water heater demand-side management strategy for leveling distribution feeder demand profile - M.H Nehrir & B.J LaMeres - Electric Power Systems Research - 2000.pdf

Electrical Thermal Storage Modeling, a Tool to Evaluate New Opportunities and Bids for Residential Users in a Deregulated Market - A. Molina, A. Gabaldon, C. Alvarez, J.A. Fuentes & E. Gomez - IEEE - June 2003.pdf

Page 496: Economics of Photoelectricity - November 13 2012

Quantifying Residential PV Economics in the US, Payback vs. Cash Flow Determination of Fair Energy Value - Richard Perez, Linda Anne Burtis, Tom Hoff, Sam Swanson & Christy Herig - Solar Energy - 2004.pdf

Page 497: Economics of Photoelectricity - November 13 2012

Has an alternative Tmains equation compared to S2051

Page 498: Economics of Photoelectricity - November 13 2012

SAT Single Axis Tracker

ET EnergyTrend

FiT Feed in Tariff

IGCC

PC

NGCC

Bk SC

Bk USC PCC

Bk PCC

Br PCC

Bk IGCC

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Page 504: Economics of Photoelectricity - November 13 2012

Notes

See S258 pg. 25 Used conversion factor of 5.5 NOK/USD. 1350/5.5/275 = .8926 $/W

See S258 pg. 25 Assume 7.5 MW/MT as a conversion factor

See S258 pg. 25 Narvic facility (180 MW) cost 700 million NOK. 700/5.5/180 = .707 $/W

See S258 pg. 25 Used conversion factor of 6.73 SEK/USD. 184/6.72/105 = .187 $/W

See S260* pg. 45 - Each 170 million factory contains four 45 MW lines. 170/180 = .944 $/W

1 USD = 104.755919 yen, 72 billion yen = 687311998 USD, 687 million/480 MW = 1.43 $/W

1 Euro = 1.4495 U.S. dollars, 200 million x 1.4495 = 289.9 million/350 MW = .8282 $/MW, 289900000/3500 MT = 82828 $/MT

1 Euro = 1.4495 U.S. dollars, .6 x 1.4495 = .8697, .7 x 1.4495 = .101465

1 Euro = 1.4495 U.S. dollars, 1.4495 x .4 = .5798, 1.4495 x .6 = .8697

1 Euro = 1.4495 U.S. dollars, 1.4495 x .1 = .14495, 1.4495 x .2 = .2899

2002 USD

About 10,000 sq. m. of collector area for solar drying has been installed in about 50 industries so far in the country…. Year?

Urban heat islands are responsible for 5 to 10 percent of air conditioning use nationwide.

Water consumption for lawns in heat islands is 5 percent higher than in surrounding areas.

Evaporation from swimming pools in heat islands is about 10 percent higher than in surrounding areas.

Mitigating the effects of urban heat islands could reduce urban cooling energy and water use by about 20 percent.

2355 kg/m3 * 1000 g/kg/100/100/100 cm3/m3 = 2.355 g/cm3

Total production

Total production + OEM

Melting point of Silicon melt - 1683 K

Heat Capacity of Silicon melt - 1000 J/kgK

Thermal Expansion Coefficient of Silicon melt (1/K) - .00014

Thermal conductivity of Silicon melt (J/msK) - 54

Viscosity of Silicon melt - .0007

Prandtl number of Silicon melt - .011The photovoltaic industry is interesting, combining as it does altruism, science, and business goals at once.

Proponents of 300 millimeter fabs have estimated the cost of fabbing wafers is 30% cheaper in a 12’ (300 mm) fab than in an 8” (200 mm) fab.

PVWatts - http://rredc.nrel.gov/solar/codes_algs/PVWATTS/version2/readmefirst.html

Elemental silicon transmits 95% of all wavelengths of infrared, from 1.3 to 6.7 um.

Policy schizophrenia

Find: Laser purification of Ag using a time-division collection method - Mori, Hiroshi - Applied Physics Letters, Volume 72, Issue 16, id. 1948 (1998)

Find: Applications of lasers to chemical processing - Kaldor, A.; Woodin, R.L. - Volume 70, Issue 6, June 1982 Page(s): 565 - 578

Find: Laser Applications in Physical Chemistry By D. Keith Evans

See S258 pg. 25 Summed Moses Lake (6500 MT), Butte (1000 MT), and Moses Lake/Butte (6000 MT) facilities and investments to 13500 MT, 1800 MW, 1195 million. $/W = 1195/1800 = .66388 $/W

See S258 pg. 25 Used conversion factor of 5.5 NOK/USD. Summed Heroya III & IV mc-Si (650 MW) and Glomforjord mc-Si (110 MW) to 760 MW, 2840 million NOK. 2840/5.5/760 MW = .6794 $/W

Improved silicon efficiency, principally due to reduction in wafer thickness, was greater than expected. During the course of the year, most wafer producers reduced average wafer thickness from 240–270 microns in early 2006 to 200–210 by the end of the year.

The electrical energy consumption is reported to be about 30 kWh/ton of water evaporated compared to other drying technologies that require 70-110 kWh/ton of water (Bux et al. 2001).

Approximately 3 percent of total U.S. electricity is used in the municipal water and wastewater sector. As much as one-quarter to one-half of the electricity used by most U.S. cities is consumed at municipal water and wastewater treatment facilities. The amount of electricity used to collect, treat, and distribute drinking water is slightly greater than the amount used to collect, treat, and dispose or reuse municipal wastewater. However, the treatment of wastewater is significantly more energy intensive than is the treatment of raw water for potable use.

An estimated 3% of national energy consumption, equivalent to approximately 56 billion kilowatt hours (kWh), is used for drinking water and wastewater services. Assuming the average mix of energy sources in the country, this equates to adding approximately 45 million tons of greenhouse gas to the atmosphere.

The normalized energy use of the studied WTS was found to be between 2.3 and 2.5 MJ/m3 of water treated.

A 1998 estimate predicts that U.S. wastewater treatment systems generated nearly 8 million dry tons of sludge in 2005.5 This sludge requires significant energy to treat, ranging from 30-80% of total electrical energy input to a wastewater treatment system.

Modeling indicates that wall insulation impedes the natural cooling that occurs at night in milder climates, such that air-conditioning electricity consumption can actually increase following retrofit if higher indoor temperatures are maintained.

monodirectional cutting - 8.25" (210 x 210 mm) - 441 cm2 - c-Si - 7.1 Watts - 16-16.6% - $2.35 - .330986 $/Watt

reciprocating cutting - 8.25" (210 x 210 mm) - 441 cm2 - c-Si - 7.1 Watts - 16-16.6% - $2.05 - .288732 $/Watt

diamond wire cutting - 8.25" (210 x 210 mm) - 441 cm2 - c-Si - 7.1 Watts - 16-16.6% - $2.85 - .401408 $/Watt

For both the high and low quality material, the efficiency of mc-Si solar cells is practically independent of the thickness for wafer thickness larger than 200 μm. For thinner wafers, the efficiency of the cells with a high bulk quality decreases while it is still constant for the cells with a low bulk quality.

Density of Silicon melt - 2570 kg/m3

Price erosions of 25% per year at 200 mm wafers occurred in 1997 and again in 1998. As a consequence, the pressure to reduce manufacturing costs of the silicon wafer constantly increases.

…according to calculations of the US specialists provides a cost of 1 SWU to be $25 - 18.5 (1986), therewith expenses to elecrical energy are of 30%, operations for uranium preparations ~20%, salary ~15%, other expenses ~20%. All the evaluations - without taking into account expenses to amortization and repairing of the equipment and the constructions (~$10 - 15/SWU).

Page 505: Economics of Photoelectricity - November 13 2012

Most larger companies that NCI spoke to believe that increasing sales volume is the single largest factor that will lead to lower cost and higher reliability for PV inverters.

In the long run, price trends reflect cost trends; but, in the short run, there may be other dynamics at play that are not related to actual production costs.

With wholesale revenues returned to our customers, demand response becomes a loss making investment in the absence of regulatory innovations.

...1000 kilowatt machine with a tower height of some 60 to 80 metres and a rotor diameter of around 54 metres. 1 000 Dollars per Kilowatt Average...

CO2 emissions for coal (1999) - 2.095 lb/kWh (.950276016 kg/kWh), 954.65 kWh/ton (1052.32 kWh/MT)

CO2 emissions for natural gas (1999) - 1.321 lb/kWh (.599195521 kg/kWh), 757 kWh/ton

At $10/ton (.5 cents/pound) translates into an extra 1.0475 cents/kWh for coal

At $10/ton (.5 cents/pound) translates into an extra .6605 cents/kWh for natural gas

At $10/MT (.10 cents/kg) translates into an extra .950276016 cents/kWh for coal

At $10/MT (.10 cents/kg) translates into an extra xxxx cents/kWh for natural gas

Hurricane Ike cause $677.8 million in T&D damages

Electrical Energy used in the Siemens Process = 150 kWh/kg

Siemens Process Marginal cost = $25/kg

Electrical Energy used in the Siemens Process = 70-130 kWh/kg, 2006

Silicon costs $25-35

LDK 15000 MT plants. For purposes of this report, we have assumed an average photovoltaic conversion efficiency rate of 15.3% for cells using our wafers.

Average processing cost decreased to US$0.36 per watt in Q1 2009 compared to US$0.39 per watt in Q4 2008.

ScanWafer had 367 NOK in revenues on 46 MW of production in 2002, Exchange rate - 7.7 NOK/USD

ScanWafer had 884 NOK in revenues on 130 MW of production in 2004, Exchange rate - 6.63 NOK/USD - 1.025 USD/Watt

ScanWafer had 618 NOK in revenues on 70 MW of production in 2003, Exchange rate - 6.81 NOK/USD - 1.296 USD/Watt

ScanWafer had 1596 NOK in revenues on 210 MW of production in 2005, Exchange rate - 6.44 NOK/USD - 1.18 USD/Watt

A new polysilicon plant, constructed on a greenfield site, has a capital cost of up to $100 per kg, not including interest charges

Granular form polysilicon can be produced at cheaper costs, about $22/kg…

Annual low slope roofing is 3 billion square feet per year

Small PV are sized under 10 kW, Medium are 10 kW to 500 kW and larger are over 500 kW

Most current practice projects a 15 to 20 year life of the solid state meter with its communications.

28500000000/2242193 = 12710.8 kWh/Capita

In 2001, 40.8 million households used an average of 2,552 kWh/year for water heating. SEE: P197, P219

Approx. 89% of Florida homes have electric resistance water heaters.

In 2005 there were 7.05 million households in Florida. The average household size was 2.47 people.

7.05 million households x 89% = 6,274,500 electric water heaters in Florida.

The silicon feedstock problem is likely to persist in the near future since the price of polysilicon appears to be driven by the supply and demand cycles of the electronics industry, the needs of which are not totally compatible with that of the photovoltaics industry.

Density of silicon - 5 x 1022 atoms/cm3

Originally built using single-crystal wafer silicon (c-Si) andd processing technology from the integrated circuit try (IC), it is clear that 1G silicon PV benefited greatly from its symbiosis with the IC industry which provided the materials, processing know-how and manufacturing tools necessary to allow a rapid move to large-scale production.

One extra metre of tower will cost you roughly 1 500 USD.

"...for the first time, both the United States and the European Union added more power capacity from renewables than from conventional sources (including gas, coal, oil, and nuclear)."

For purposes of this report, we have assumed an average photovoltaic conversion efficiency rate of 15.3% for cells using our wafers.... Based on this conversion efficiency, we have assumed that each 125 by 125 millimeters, or mm, wafer we produce generates approximately 2.4 watts of power; each 150 by 150 mm wafer we produce generates approximately 3.4 watts of power; and each 156 by 156 mm wafer we produce generates approximately 3.7 watts of power.

At the present time we [LDK] believe our utilization is probably close to 90% and our cost for the current quarter, Q2 2009 is probably slightly over $0.30, probably running at the $0.33 level, which is much improved from the first quarter, which is probably closer to $0.40 and that’s due to the imputation of the capacity.

We believe that if we go beyond 1.6 and 2 gigawatts level, it’s likely that our cost of processing can be reduced to about the $0.25 level. So you are right, $0.25 certainly is our objective, but right now we are running at slightly over $0.30.

As large quantities of Direct and New SOG become the major feedstock sources, data exchanges between suppliers and users will yield statistically significant data for the design of a comprehensive SOG specification.

Designing an optimal mix of rods, chunks, and chips/granules for a 24 inch diameter crucible size can increase ingot weight by 40 kg, saving $5/kg in ingot growth costs for a crucible load.

The classical single-register induction Watthour meter for residential service costs between $20 and $30 new. The modern solid state electronic version of this meter will be in the same price range.

Utilities generally know the seasonal effects of weather-sensitive loads on their costs far in advance. Similarly, the utility has good data on how costs are likely to vary in any 24 hour period. This knowledge is the basis for time-of-use rates.

One ton of heating capacity is equivalent to 12,000 Btu/hr, or 3.5 kilowatts. Most heat pumps range in size from 2-½ to 4 tons… Heat pumps require 400 to 450 cubic feet per minute of air flow is per ton of heat pump capacity.

For homes, the panels can be sized to the amount of ventilation air needed. One to two sq. ft. of panel would be needed for each cubic foot per minute (cfm) of ventilation requirement. For example, an 1800 sq. ft. house might need 84 cfm to maintain 0.35 air changes per hour. That would require an 84-sq.-ft. to 168-sq.-ft. Solarwall.

B88
Population of Houston (2008) = 2,242,193, Electricity Use = 28,500,000,000 kWh
Page 506: Economics of Photoelectricity - November 13 2012

6,274,500 electric water heaters x 2250 kWh per water heater = 14117625000 kWh or 14117625 MWh

6,274,500 electric water heaters x $400 per water heater (incremental extra cost) equals 2.51 billion dollars

1 MWyear = 1 MW x 24 hours/day x 365.25 days/year = 8766 MWh per MW year

14117625 MWh/year divided by 8766 MWh per MW year = 1610 MW @ 100% capacity factor, 1790 MW @ 90% capacity factor

2.51 billion dollars divided by 1610 MW = 1.56 dollars per watt, 1.56 million per MW, 1.56 billion per GW

Average price of electricity for residential use was 11.6 cents/kWh in 2008

Energy savings equal 14117625000 kWh x 62% = 875297500 kWh per year

875297500 kWh x 11.6 cents/kWh = 1,015,339,590 $/year

A super efficient heat pump water heater costs $400 extra compared to a standard electric water heater

Energy savings are not proportionate to family size. There is a baseline energy and additional family members cause a step in energy use.

The raw data should be scrutinised before any kWh/kWp differences can be attributed solely to the module technology.

PV power generation is split into 7% base load energy and 93% medium/peak load energy

Power quality and reliability can be improved by the use of PV systems and reactive power can be provided very cost-efficiently.

A linear regression of the monthly ratings showed the performance of the two systems (Si) to be decreasing at a nominal rate of 1% per year.

22 year c-Si degradation rate measured at .363% per year (May 2003)

Prices dropped to “significantly below 3 Euros a watt installed” in Europe on large, utility grid-connected projects. - During Q4 2009

The wind capacity installed by the end of 2009 will in a normal year produce 163 terrawatt-hours of electricity, meeting 4.8% of total EU power demand.

...industry sources suggest that there are about 7,000 solar photovoltaic installers... In the United States

I'd say at least another 10 percent drop in [2010 PV] pricing, maybe as much as 15 percent, Efird said

One megawatt is enough to power about 800 homes.

Shipping Cost per 40 ft Container are 5000 (depending on season and oil prices)

Solar panels require 80 to 90 kg of Silver Paste per MW (2005)

Calculations for the present pay-back time are based on the following major categories: Feedstock 150 kWh/kg, wafer 50 kWh/kg, aluminum fram 30 kW/kg.

How to copy a DOS file list: DIR /B /O:N > filename.txt

We estimate that the cost of third party tax equity participation will add approximately 300 to 800 basis points (bps) to project capaital costs.

Tracking cost 40 cent/Watt for a 187.5 MW project

USD to TWD exchange at 29.31229 in 2011 and 29.50831 up to February of 2012

S1885 lists Martin Next Generation Solar cost at 5.5 $/Watt Compared to S1935 at 6.35 $/Watt

Lower ground water temperatures (inlet water temperature) favor HPWHs because HPWHs are better at warming water. The more water that needs to be warmed, the more advantage HPWHs have.

Residential refrigerators and freezers used 195 billion kWh in 2001 (See figure US-3 in the first link). There are 8766 hours/year so 195 billion kWh/(8766 hours/year) = 22.25 GW average power used by refrigerators/freezers. The population in the US in 2001 was 278 million so you figure the power requirement per person = 22.25 GW/278 million people = 80 watts for residential frige/freezer. Assuming my math is correct, Texas with a current population 24 million people uses an average of about 1.87 GW for fridge/freezers. 

Yankee is home to five dry casks containing a total of 340 spent fuel assemblies.

If Vermont Yankee receives approval to continue operation for 20 years past its original license expiration date of 2012, five to six dry casks will need to be loaded every five to seven years to maintain full-core offload.

An important finding of this study is the high correlation with the demand curve that allows integrating PV into the existing power supply structure up to an installed capacity of 30 GWp without important structural changes in the portfulio of power plants.

PV array (CdTe) efficiencies calculated using over eight thousand 15-minute averages indicated a loss in performance of 0.6% per year, or 3.3% for the 5.5-year test period.

...many (but not all) crystalline Si modules degrade at rates slower than the 1% per year rule-of-thumb. A more reasonable rule-of-thumb is probably 0.5% per year. Conversely, many (but not all) thin-fim modules appear to have [degredation rate] values somewhat higher than 1% per year.

...[degredation rates] appear to vary over a fairly wide range, from values as high as several percent per year, down to zero (no measurable degradation). It would therefore seem important for system designers to have accurate degradation rate information available.

Industry analysts estimate that wages for entry-level solar PV instalers are about $12 to $15 an hour and vary by location, with crew leaders making between $20 and $25 an hour. Workers with an electrician license or other qualifications typically earn more.

Unlike most wafer manufacturers, MEMC makes polysilicon for use in its own wafers as well as for sale to other customers. The firm's polysilicon sales now generate 10% of total revenue, up from the low single digits in 2004.

Market predictions for the 2010 PV market vary between 6.8 GW (Navigant conservative scenario), 7 to 10 GW (EPIA policy driven scenario, EuPD, Band Karasin, LBBW) and 17 GW (Photon Consulting).

Operating costs of a photovoltaic system

Average is expected maintenance and repair costs of about 0.5 to 1 percent of the total investment of the photovoltaic system. Tax course, only the actual costs are considered. Not only the maintenance and repair costs but also the insurance of the plant and the counter charges of the network are operating.

Levered Nominal Cost of Debt (Kd) Kd = [(1 + Rf) * (1 + i) - 1] + levered corporate bond spread Rf = Global risk free rate (10 year U.S. T-bill)i = expected inflation

Page 507: Economics of Photoelectricity - November 13 2012

German FiT categories were reconfigured in March of 2012. FiT rates for the new 1 to 10 kW range are listed in the old 1 to 30 kW range to simplify some calculations

cd desktop\SOLAR\sources

Personal Communication with Paul Maycock

Personal Communication with Elliot Berman

See Table 7 in S2156. I arbitrarily multiplied the lower bound of the price range in the reference by 1.1 to determine average price.

See S2157. I used the Max Price Bankable Values Grouped by Quarter, Averaged and multiplied by 1.25 to estimate retail pricing.

dir /b > filelist.txt

VAT Included

VAT Excluded

A new polysilicon plant, constructed on a greenfield site, has a capital cost of up to $100 per kg, not including interest charges.

This is a cost quote - not a price quote.

Off grade semiconductor material - i.e. not hyperpure poly

Average household monthly electricity consumption in Japan (TEPCO, 2010) = 300 kWh. Average electricity rate = 26.2 cents/kWh

Blended Cost - A combination of part inhouse production, part spot market, part contract

Net FiT

Gross FiT

Personal communication with JPEA

"Approximately 33.1 GW of c-Si cells and 34.8 GW of modules was produced in 2011, up from about 21.2 GW and 20.5 GW, respectively, in 2010

The average, annual operating heat rate of U.S. coal-fired power plants is approximately 10,400 Btu/kWh.

Cycles until battery degrades to 70% of rated capacity at full charge

The average electricity consumption per household in Italy is 2,727 kWh / year as is calculated by Enerdata (http://www.enerdata.net/)

Euro converted to USD using exchange tables

Half year results

Other Renewables includes biogenic municipal solid waste, wood, black liquor, other wood waste, landfill gas, sludge waste, agriculture byproducts, other biomass, geothermal, solar thermal, photovoltaic energy, and wind.

Other includes non-biogenic municipal solid waste, batteries, chemicals, hydrogen, pitch, purchased steam, sulfur, tire-derived fuels and miscellaneous technologies.

Other gases includes blast furnace gas, propane gas, and other manufactured and waste gases derived from fossil fuels.

Converted from million tonnes oil equivalent to TWh using a conversion factor of 12 TWh per million tonne of oil equivalent

Module prices were estimated by averaging the PVX spot data for European & Chinese modules and multiplying by 1.25

The Compare my Solar data has been multiplied by 1.3 to roughly adjust the best case prices of the survey to average prices. Used S2792 as a cross-reference

1982 to 1984 = 100

Constant 2010 Dollars

site:http://www.iea.org "monthly electricity" MES201104

Based on average of 11i major Canadian cities

Capital costs and Heat rate are for Plants entering service in 2015

Overnight Construction Cost for Units Entering Service in 2015, 2008$

Overnight Construction Cost for Units Entering Service in 2016, 2009$

Overnight Construction Cost for Units Entering Service in 2017, 2010$

Roughly estimated, only 10 percent of suitable rooftops in Germany are equipped with a PV system. This channel checks (roughly) against S842 which estimates total Germany rooftop PV generating potential at 128.3 TWh/yr. Current PV genation is at ~19 TWh/year (S2057) and we can assume 20 to 25% of this total comes from ground mounted systems. 20 GW of roofmounted PV at 80 ft2/kW = 150 km2. This also channel checks with S728 which estimates total available rooftop PV potential at approximately 1296 km2. See also S2075, S2076

ivato = In the indicated price VAT is included. 

As much as 80% of all polysilicon is sold under long-term contracts that specify maximum and minimum yearly sales quantities that can or must be delivered or accepted.

As much as 10% of all polycrystalline silicon is sold on the basis of one-year contracts under which the silicon is purchased in one year for delivery during the next year.

Less than 10% of all polycrystalline silicon sales take place on the spot market.

Tepco's most recent plan charges households at a rate of ¥17.87 per kwh for up to 120 kwh, ¥22.86 for 120 to 300 kwh, and ¥24.13 for any electricity used beyond 300 kwh.

Morris and Johnston (2011) estimate that 8 percent of suitable homes in Australia are fitted with solar PV and that solar PV contributed 0.284 percent of total generation in 2011 (Moriss & Johnston 2011, p. 9).

Uptake (in South Australia) has slowed slightly since mid-2011, but is still quite strong, and is supported by high average sunlight intensity compared to other capital cities…. Ask Warwick how much was installed in the second half of the year.

Around half the electricity consumed in German households is attributable to major domestic appliances such as washing machines, refrigerators, freezers and dishwashers (Source: German Federal Ministry of Economics).... According to the data, the average energy consumption of washing machines, dishwashers, refrigerators and freezers sold in Germany stands at 215 kilowatt hours (kWh) per year per appliance, which is 13% below the European average of 246 kWh.

To convert dollar values in one year to constant dollars in a second year, multiply the first-year dollar value by a factor whose numerator is the average annual CPI of the second year and whose denominator is the average annual CPI of the first year. For instance, to convert $10,000 in 1982 dollars to 1997 constant dollars, multiply $10,000 by the average annual CPI in 1997 divided by the average annual CPI in 1982:

Page 508: Economics of Photoelectricity - November 13 2012

New FiT went into effect on March 3rd, 2012

FiT rate - Export Bonus + Retail Electricity Rate

(Q2+Q4)/2

Megawatt values are in DC and we assume an 87 percent DC-to-AC derate factor for projects that are quoted in AC. Data from GTM Research.

In Germany, only 13 percent of suitable rooftop areas are currently being utilized for photovoltaic electricity generation. 87 percent are still waiting to be developed.

Used conversion factor 156.888484654889 to index S2921

36% in Italy, 100% in Germany

PV Watts Values using defaults for system tilt with a Derate Factor of .8 rather than the standard .77.

The volume of modules installed in MW DC ("direct current") will be higher than the MW AC ("alternating current") size pursuant to a DC-AC ratio typically ranging from 1.2-1.4. Such ratio varies across different projects due to various system design factors.

Note: 10-year benchmark government bond yields where available or yield on similar financial instruments (for Korea a 5-year bond is used). The long-term interest rates refer to yields in secondary bond

Page 509: Economics of Photoelectricity - November 13 2012

Source Notes on Notes

S285

S285

S540

W37

W38

W39

W40

W41

S566, pg. 8

S553, S278

S553, S278

S553, S278

W45

S99*

S99*

S598

S603

S603

S603

S603

S603

S603

S603

S607

S609

CRC

S625

S644

Plasma and High Frequency Processes for Obtaining and Processing Materials

Page 510: Economics of Photoelectricity - November 13 2012

S631

W86

S663

S663

S681

S735

S735

S768

S768

S768

S768

S768

S768

S692

S790

S790

S792

S792

S798

S129

S129

S772

S811, S626

S810, S812, S626

S810, S812, S626

S813, S626

S837

see email october 1st

see email october 1st

see email october 1st

Photovoltaic Systems Engineering

S900

S900

S900

W93, S885

W95

W96

S420

S896

S895

N98, N99

Page 511: Economics of Photoelectricity - November 13 2012

N97, N100

N109

Math

N97,N100, N103

N102, N104

S664

S899, N101

N107, S664

S894

S907

S907

My own calculation

S927

S932

S932

S932

S937

S938

S939

S940

S944

S946

S947

S947

S948

S948

S949

S1001

S1001

S1014

S1030

W98

S1885

S1673

Goodrich

W104

Page 512: Economics of Photoelectricity - November 13 2012

S2058 148.644864230754

S2264 1984 info

S2261

S2264

S2271

S2271, S2272

S2493

S2495

S2540

S2549

S2572

S2620

Other Renewables includes biogenic municipal solid waste, wood, black liquor, other wood waste, landfill gas, sludge waste, agriculture byproducts, other biomass, geothermal, solar thermal, photovoltaic energy, and wind.

Other includes non-biogenic municipal solid waste, batteries, chemicals, hydrogen, pitch, purchased steam, sulfur, tire-derived fuels and miscellaneous technologies.

Other gases includes blast furnace gas, propane gas, and other manufactured and waste gases derived from fossil fuels.

W122

Page 513: Economics of Photoelectricity - November 13 2012

S2858

S2879

S2918

S2978

W145

Page 514: Economics of Photoelectricity - November 13 2012

Other Renewables includes biogenic municipal solid waste, wood, black liquor, other wood waste, landfill gas, sludge waste, agriculture byproducts, other biomass, geothermal, solar thermal, photovoltaic energy, and wind.

Other includes non-biogenic municipal solid waste, batteries, chemicals, hydrogen, pitch, purchased steam, sulfur, tire-derived fuels and miscellaneous technologies.

Other gases includes blast furnace gas, propane gas, and other manufactured and waste gases derived from fossil fuels.

Page 515: Economics of Photoelectricity - November 13 2012

Other Renewables includes biogenic municipal solid waste, wood, black liquor, other wood waste, landfill gas, sludge waste, agriculture byproducts, other biomass, geothermal, solar thermal, photovoltaic energy, and wind.

Other includes non-biogenic municipal solid waste, batteries, chemicals, hydrogen, pitch, purchased steam, sulfur, tire-derived fuels and miscellaneous technologies.

Other gases includes blast furnace gas, propane gas, and other manufactured and waste gases derived from fossil fuels.

Page 516: Economics of Photoelectricity - November 13 2012

Other Renewables includes biogenic municipal solid waste, wood, black liquor, other wood waste, landfill gas, sludge waste, agriculture byproducts, other biomass, geothermal, solar thermal, photovoltaic energy, and wind.

Other includes non-biogenic municipal solid waste, batteries, chemicals, hydrogen, pitch, purchased steam, sulfur, tire-derived fuels and miscellaneous technologies.

Other gases includes blast furnace gas, propane gas, and other manufactured and waste gases derived from fossil fuels.

Page 517: Economics of Photoelectricity - November 13 2012

Other Renewables includes biogenic municipal solid waste, wood, black liquor, other wood waste, landfill gas, sludge waste, agriculture byproducts, other biomass, geothermal, solar thermal, photovoltaic energy, and wind.

Other includes non-biogenic municipal solid waste, batteries, chemicals, hydrogen, pitch, purchased steam, sulfur, tire-derived fuels and miscellaneous technologies.

Other gases includes blast furnace gas, propane gas, and other manufactured and waste gases derived from fossil fuels.

Page 518: Economics of Photoelectricity - November 13 2012

Other Renewables includes biogenic municipal solid waste, wood, black liquor, other wood waste, landfill gas, sludge waste, agriculture byproducts, other biomass, geothermal, solar thermal, photovoltaic energy, and wind.

Other includes non-biogenic municipal solid waste, batteries, chemicals, hydrogen, pitch, purchased steam, sulfur, tire-derived fuels and miscellaneous technologies.

Other gases includes blast furnace gas, propane gas, and other manufactured and waste gases derived from fossil fuels.

Page 519: Economics of Photoelectricity - November 13 2012

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http://www.abengoasolar.es/sites/solar/en/our_projects/usa/california/index.html

http://energy.caeds.eng.uml.edu/solbase.html

http://www.mondial-energy.com/projects/woodgreen.htm

http://www.swisssolartech.com/projects.htm

http://solarwall.com/en/case-histories.php

http://www.canren.gc.ca/renew_ene/index.asp?CaID=50&PgID=346

http://www.arb.ca.gov/research/icat/projects/conserval.htm

http://www.iea-shc.org/task29/projects/coffee_drying_costa_rica.htm

http://www.iea-shc.org/task29/projects/coffee_drying_panama.htm

http://www.iea-shc.org/task29/projects/tobacco_drying_zimbabwe.htm

http://www.solid.at/index.php?option=com_content&task=view&id=21&Itemid=1&lang=en

http://www.solid.at/index.php?option=com_content&task=view&id=115&Itemid=1

http://www.cgd.pt/English/Institutional/Social-Responsibility/Environment/Pages/Solar-power-Central.aspx

http://www.solid.at/index.php?option=com_content&task=view&id=110&Itemid=1

http://www.vanzaal.com/eng/index.html

http://mnes.nic.in/annualreport/2006_2007_English/HTML/ch5_pg4.htm

http://mnes.nic.in/annualreport/2006_2007_English/HTML/ch5_pg5.htm

http://gadhia-solar.com/

http://www.ireda.in/

http://www.pvresources.com/en/top50pv.php

http://www.juwi.com/solar-energy/projects/open-space.html

http://www.nobesol.com/?seccion=4&subseccion=2&contenido=40

http://www.nobesol.com/?seccion=4&subseccion=2&contenido=14

http://www.europapress.es/epsocial/rsc/noticia-solar-inaugura-arnedo-rioja-central-solar-fotovoltaica-20081029190706.html

http://scheutenusa.com/projects/multisol_ecopark.html

http://scheutenusa.com/projects/multisol_gelsenkirchen.html

http://www.kompaktsolar.de/index.php?site=referenzen_en#515

http://www.solarparc.de/Fuer-unsere-Kommanditi.1898.0.html

http://www.martin-bucher.de/mb/47-0-oberhoerbach.html

http://www.martin-bucher.de/mb/45-0-eging-am-see.html

http://www.martin-bucher.de/mb/44-0-neureichenau.html

http://www.martin-bucher.de/mb/46-0-malgersdorf.html

http://www.martin-bucher.de/mb/5-0-referenzen.html

http://www.martin-bucher.de/mb/10-1-pocking.html

http://www.ist-anlagenbau.de/news.php?lang=en

http://www.ist-anlagenbau.de/klsreferenzd.php?lang=en

http://water-energy.lbl.gov/node/16

http://water-energy.lbl.gov/node/14

http://www.epa.gov/waterinfrastructure/bettermanagement_energy.html

http://cat.inist.fr/?aModele=afficheN&cpsidt=19876314

http://css.snre.umich.edu/css_doc/CSS04-14.pdf

http://www.epuron.us/desktopdefault.aspx/tabid-886/

http://www.sma.de/en/products/references/solar-inverters/isolator/photovoltaic-ground-mounted-system.html

http://www.solarmarkt.com/html/seiten/referenzen.phtml?nav=128&lang=en

http://www.science.co.il/PTelements.asp?s=Density

http://www.tf.uni-kiel.de/matwis/amat/elmat_en/kap_6/backbone/r6_1_2.html#_1

http://www.theledlight.com.cn/led-light/306-knowledge-SSL-LED-roadmap-recommendations.html

http://www.greencarcongress.com/2004/04/index.html

http://www.greencarcongress.com/2004/11/index.html

http://paultan.org/archives/2006/05/04/toyota-prius-sales-down/

http://www.greencarcongress.com/2006/02/index.html

http://www.greencarcongress.com/2006/03/index.html

http://www.autospectator.com/modules/news/article.php?storyid=10360 

http://www.greencarcongress.com/2006/09/index.html

http://www.greencarcongress.com/2007/10/index.html

http://www.greencarcongress.com/2006/11/index.html

http://www.greencarcongress.com/2006/12/index.html

http://www.greencarcongress.com/2007/01/index.html

http://www.greencarcongress.com/2007/02/index.html

http://www.hybridcars.com/market-dashboard.html

http://www.hybridcars.com/market-dashboard/apr07-overview.html

http://online.wsj.com/article/SB118072467752421690.html?mod=googlenews_wsj

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http://www.forbes.com/feeds/ap/2007/07/03/ap3882202.html

http://www.greencarcongress.com/2007/08/us-sales-of-hyb.html

http://www.hybridcars.com/market-dashboard/aug07-overview.html

http://www.greencarcongress.com/2007/10/index.html

http://www.greencarcongress.com/2007/11/us-sales-of-hyb.html

http://www.greencarcongress.com/2007/12/hybrids-post-st.html

http://www.greencarcongress.com/2008/01/reported-us-hyb.html

http://www.greencarcongress.com/2008/02/reported-us-sal.html

http://hybridreview.blogspot.com/2008/03/hybrid-car-sales-february-2008.html

http://hybridreview.blogspot.com/2008/04/hybrid-car-sales-march-2008.html

http://hybridreview.blogspot.com/2008/05/hybrid-car-sales-april-2008.html

http://www.autobloggreen.com/2008/06/04/prius-sales-down-40-in-may-tight-supplies-blamed/

http://www.greencarcongress.com/2008/07/reported-us-sal.html

http://www.greencarcongress.com/2008/08/us-hybrid-sales.html#more

http://hybridreview.blogspot.com/2008/09/hybrid-car-sales-august-2008.html

http://hybridreview.blogspot.com/2008/11/hybrid-car-sales-october-2008.html

http://hybridreview.blogspot.com/2008/12/hybrid-car-sales-november-2008.html

http://onlyhybrids.com/2009/01/07/hybrid-car-sales-december-2008/

http://www.hybridchat.com/forums/hybrid-automotive-news/985-toyota-lexus-hybrid-unit-sales-history-usa.html

http://mariettaminerals.thomasnet.com/item/metallurgical-grade-silicon-metals/metallurgical-grade-silicon-metals-3/item-1007?&forward=1

http://www.science.co.il/PTelements.asp?s=Density

http://www.novawafers.com/resources-about-silicon.html

http://www.earth-policy.org/Indicators/Wind/2008_data.htm#fig1

http://www.eia.doe.gov/cneaf/nuclear/page/at_a_glance/reactors/sanonofre.html#_ftnrefsource

http://www.eia.doe.gov/cneaf/nuclear/page/at_a_glance/reactors/diablo.html

http://www.vertex42.com/ExcelTemplates/simple-amortization.html

http://www.kernenergie.de/r2/en/Gut_zu_wissen/KKW/?navanchor=2210015

http://www.xylenepower.com/Electricity%20Cost%20Apportioning.htm

http://www.energy.eu/#domestic

https://www.kfw-formularsammlung.de/KonditionenanzeigerINet/KonditionenAnzeiger

http://re.jrc.ec.europa.eu/pvgis/apps3/pvest.php#

http://www.sfv.de/lokal/mails/sj/verguetu.htm

http://www.kfw-mittelstandsbank.de/DE_Home/Kredite/Umweltschutz_im_Unternehmen/KfW-Erneuerbare_Energien/Foerderbedingungen_Standard.jsp

http://www.solarstromerzeugung.de/photovoltaik-steuer.html

http://www.photovoltaikversicherung24.de/index.php?cat=rechnerhaftpflicht&re_id=26

http://www.solarrechner.de/

http://solardat.uoregon.edu/E.html#equationoftime

http://mb-soft.com/public3/equatime.html

http://www.indexmundi.com/commodities/?commodity=russian-natural-gas&months=60

http://www.oanda.com/currency/average

http://www.foerderung-photovoltaik.eu/inhalte/eigenverbrauch-photovoltaik.html

http://wenku.baidu.com/view/9ba522215901020207409c6c.html?from=related

http://www.federalreserve.gov/releases/h15/data.htm

ftp://ftp.bls.gov/pub/special.requests/cpi/cpiai.txt

http://www.wsjprimerate.us/libor/libor_rates_history.htm

http://www.iea-pvps.org/index.php?id=93&no_cache=1&tx_damfrontend_pi1[pointer]=0http://www.decc.gov.uk/publications/DirectoryListing.aspx?tags=94

http://www.iea.org/stats/surveys/archives.asp

http://www.pvaustria.at/content/page.asp?id=429

http://www.swissolar.ch/en/

http://www.enerplan.asso.fr/index.php?option=com_search&Itemid=251&coucou=&searchword=Bilan+du+parc&submit.x=0&submit.y=0&submit=Rechercher&searchphrase=any&ordering=newest

http://www.gse.it/it/Pages/default.aspxhttp://www.energinet.dk/DA/El/Nyheder/Sider/Naesten-20000-familier-har-faaet-solceller-i-2012.aspxhttp://www.vreg.be/statistieken-groene-stroom

http://www.jpea.gr.jp/08eng04.html

http://www.comparemysolar.co.uk/solar-panel-prices/

http://www.photovoltaique.info/Chiffres-cles.html

http://www.cdrpc.org/CPI_PPI.html

http://www.bpva.org/en/articles/article1049.htmlhttp://www.bundesnetzagentur.de/cln_1932/DE/Sachgebiete/ElektrizitaetGas/Sonderthemen/Kraftwerksliste/VeroeffKraftwerksliste_Basepage.htmlhttp://isc-konstanz.de/en/isc/news/pvfacts.htmlhttp://folk.uio.no/kaunan/files/China_Energy_v7/XLS/www.batteryuniversity.com/learn/article/battery_statisticshttp://www.ssb.no/elektrisitet_en/tab-2012-09-12-01-en.html

Page 521: Economics of Photoelectricity - November 13 2012

W129

W130

W131

W132

W133

W134

W135

W136

W137

W138

W139

W140

W141

W142

W143

W144

W145

http://www.iea.org/stats/surveys/elec_archives.asphttp://www.decc.gov.uk/en/content/cms/statistics/publications/dukes/dukes.aspxhttp://www.energypriceindex.com/http://solarpvinvestor.comhttp://ftp.ics.uci.edu/pub/websoft/wwwstat/country-codes.txthttp://epp.eurostat.ec.europa.eu/portal/page/portal/energy/data/databasehttp://www.wind-works.org/articles/feed_laws.html#Renewable Energy Tariffs by Countryhttp://www.comparemysolar.co.uk/http://www.solarwirtschaft.de/pressegrafiken/http://www.wecc.biz/committees/BOD/TEPPC/External/Forms/External.aspxhttp://photoelectricdreams.blogspot.ca/2012/10/escalating-self-consumption.htmlhttp://www.res-legal.eu/comparison-tool/http://www.euracoal.behttp://www.bgr.bund.de/EN/Home/homepage_node_en.html-score&language=ALL&pageNo=0http://www.bgr.bund.de/EN/Themen/Min_rohstoffe/Produkte/Preisliste/cpl_12_09.pdf?__blob=publicationFile&v=3http://econ.worldbank.org/WBSITE/EXTERNAL/EXTDEC/EXTDECPROSPECTS/0,,contentMDK:21574907~menuPK:7859231~pagePK:64165401~piPK:64165026~theSitePK:476883,00.htmlhttp://rredc.nrel.gov/solar/calculators/PVWATTS/version1/

Page 522: Economics of Photoelectricity - November 13 2012

Solar Water Heater Projects by Swiss Solar

Solarwall Projects

Solarwall Project

Solar Drying Assessments

Costa Rica Coffee Drying Project

Panama Coffee Drying Project

Zimbabwe Tobacco Drying Project

Large solar district heating project in central Europe

Caixa Geral de Depositos AC system

Caixa Geral de Depositos AC system

Official launching of S.O.L.I.D.’s solar cooling system

Frans Van Zaal - Solar/Energy Contractor

Solar laundry in India

Solar air heating

Gadhia Solar

Indian Renewable Energy Development Agency

PV Resources

juwi PV projects

Kompaktsolar projects

Solar Drying

List of Solar Sludge Dryers

Waste Water Treatment and Water Reclamation

Urban Heat Islands

Energy and Water

Life-Cycle Energy Use and Greenhouse Gas Emissions Inventory for Water Treatment Systems

U.S. Wastewater Treatment

Epuron PV Projects

Solarpark Kaufbeuren

Density of Elements

Silicon Crystal Growth

SSL-LED Roadmap recommendations

Jan-Mar 2003, Jan-June 2004 - Prius Sales

October 2004 - Prius Sales

April 2005, April 2006 and Total 2005 - Prius Sales

September 2008 - Prius Sales

January 2006 - Prius Sales

February 2006 - Prius Sales

March 2006 - Prius Sales

June 2006 - Prius Sales

July-August 2005 - Prius Sales

September 2006 - Prius Sales

October 2006 - Prius Sales

November 2006 - Prius Sales

December 2006 - Prius Sales

January 2007 - Prius Sales

February 2007 - Prius Sales

March and April 2007 - Prius Sales

May 2007 - Prius Sales

http://www.abengoasolar.es/sites/solar/en/our_projects/usa/california/index.html

http://energy.caeds.eng.uml.edu/solbase.html

http://www.mondial-energy.com/projects/woodgreen.htm

http://www.nobesol.com/?seccion=4&subseccion=2&contenido=40

http://www.nobesol.com/?seccion=4&subseccion=2&contenido=14

http://www.europapress.es/epsocial/rsc/noticia-solar-inaugura-arnedo-rioja-central-solar-fotovoltaica-20081029190706.html

http://scheutenusa.com/projects/multisol_ecopark.html

http://scheutenusa.com/projects/multisol_gelsenkirchen.html

http://www.solarparc.de/Fuer-unsere-Kommanditi.1898.0.html

http://www.martin-bucher.de/mb/47-0-oberhoerbach.html

http://www.martin-bucher.de/mb/45-0-eging-am-see.html

http://www.martin-bucher.de/mb/44-0-neureichenau.html

http://www.martin-bucher.de/mb/46-0-malgersdorf.html

http://www.martin-bucher.de/mb/5-0-referenzen.html

http://www.martin-bucher.de/mb/10-1-pocking.html

http://www.solarmarkt.com/html/seiten/referenzen.phtml?nav=128&lang=en

Page 523: Economics of Photoelectricity - November 13 2012

June 2007 - Prius Sales

July 2007 - Prius Sales

August 2007 - Prius Sales

September 2007 - Prius Sales

October 2007 - Prius Sales

November 2007 - Prius Sales

December 2007 - Prius Sales

January 2008 - Prius Sales

February 2008 - Prius Sales

March 2008 - Prius Sales

April 2008 - Prius Sales

May 2008 - Prius Sales

June 2008 - Prius Sales

July 2008 - Prius Sales

August 2008 - Prius Sales

October 2008 - Prius Sales

November 2008 - Prius Sales

December and Total 2008 - Prius Sales

Prius Sales 2004, 2005 and 2006

Metallurgical Grade Silicon Properties

Silicon properties

Wind Statistics

SONGS info

Diablo Canyon info

Amortization Excel Spredsheet

Nuclear Power in Germany

T&D costs in Ontario, Canada

Electricity prices in Europe

KfW loan rates

Performance of Grid Connected PV

Solar power compensation table

KfW loan Standard Eligibility Criteria

Guide to Photovoltaic Economic and Tax Considerations (German)

German Phhotovoltaic System Insurance Costs

Photovoltaik Forum Solar Calculator

SRML Glossary, Equation of Time

Online Equation of Time Calculator

Russian Natural Gas Prices in Germany

Exchange Rates

German Feed-in Tariff info

Solar Power Industry, Initiation of Coverage - Aaron Chew - MAXIM - June 2011

Federal Reserve Interest Rates

Bureau of Labor Statistics, Consumer Price IndexHistorical LIBOR rates

National Reports

DECC Installation Updates

Monthly Oil and Natural Gas Statistics - IEA

Austria PV Association

Swiss PV Association

French PV Association

Italian Grid Agency (search for TOTALE DEI RISULTATI DEL CONTO ENERGIA)

Denmark Installation StatisticsBelgium Installation Statistics

Japanese Installation Statistics

U.K. System Prices

French PV Info

CPI

Bulgarian PV Association

German Power Plants, See S555

Pvfacts

Chinese Energy Statistics

Battery Statistics

Norway Electricity Statistics

List of Periodic Table Elements Sorted by Density

Page 524: Economics of Photoelectricity - November 13 2012

IEA Electricity Statistics Archives

Digest of UK Energy Statistics

Household Energy Price Index

Wafer, Cell, Module Price Tracking

Country Codes

Eurostat Database

Paul Gipe's Feed in Tariff Archive

Compare My Solar UK

BSW Graphics

TEPPC Document Library

Explanation of the Escalation

RES Legal Europe - Renewable Energy Rules Site

Euracoal - Coal Stats

BGR Database

BGR File

World Bank - Commodity Price Data

PVWatts

Page 525: Economics of Photoelectricity - November 13 2012

Plant Types

Combustion Turbine

Natural Gas Combined Cycle

Coal Plant

Coal Plant

Coal Plant

Coal Plant

Coal Plant

Coal Plant

Coal Plant

Coal Plant

Coal Plant

Coal Plant

Coal Plant

Natural Gas Plant

Natural Gas Plant

Natural Gas Plant

Natural Gas Plant

Coal Plant

Coal Plant

Natural Gas

Nuclear

Wind

Geothermal

CSP

PV

Coal Plant

Coal Plant

Coal Plant

Coal Plant

Coal Plant

Coal Plant

Coal Plant

Coal Plant

Coal Plant

Coal Plant

Coal Plant

Coal Plant

Coal Plant

Coal Plant

Nuclear

Nuclear

Nuclear

Natural Gas

Natural Gas

Natural Gas

Natural Gas

Natural Gas

Natural Gas

Natural Gas

Wind

Wind

Wind

Wind

Wind

Wind

Wind

Geothermal

Geothermal

Geothermal

Geothermal

Page 526: Economics of Photoelectricity - November 13 2012

CSP

CSP

CSP

CSP

CSP

CSP

CSP

CSP

CSP

PV

PV

2008 - Pulverized Coal, Supercritical Coal

2008 - Pulverized Coal Combined Cycle, Supercritical Coal

2008 - IGCC Coal Coal

2008 - IGCC Coal Combined Cycle Coal

2008 - Nuclear Gen III/III+ Nuclear

2008 - Combined Cycle Natural Gas

2008 - NGCC Natural Gas

2008 - Onshore Wind

2008 - Binary Geothermal

2008 - Trough Solar Thermal

2008 - PV

-

2009 - Conventional Coal Coal

2009 - Advanced Coal Coal

2009 - Conventional NGCC Natural Gas

2009 - Advanced NGCC Natural Gas

2009 - Conventional Combustion Turbine Natural Gas

2009 - Advanced Combustion Turbine Natural Gas

2009 - Nuclear Nuclear

2009 - Onshore Wind

2009 - Offshore Wind

2009 - PV PV

2009 - CSP CSP

2009 - Geothermal Geothermal

2009 - Biomass Biomass

2009 - Hydro Hydro

-

2010 - Conventional Coal Coal

2010 - Advanced Coal Coal

2010 - Conventional NGCC Natural Gas

2010 - Advanced NGCC Natural Gas

2010 - Conventional Combustion Turbine Natural Gas

2010 - Advanced Combustion Turbine Natural Gas

2010 - Nuclear Nuclear

2010 - Geothermal Geothermal

2010 - Biomass Biomass

2010 - Wind Wind

2010 - PV PV

2010 - CSP CSP

2010 - Hydro Hydro

Page 527: Economics of Photoelectricity - November 13 2012

Year Note MW

2007

2007

Generic 2007

PC, Ultra sc (5500 psig, 1300F) 2006

PC, Adv sc (4710 psig, 1130F) 2006

IGCC, Shell, F class 2006

IGCC 2005

IGCC, E-gas, F class 2006

PC, super (3500 psig, 1100 F) 2006

PC/IGCC range 2005

PC 2005

IGCC, GE, F class 2006

PC, sub (2400 psif, 1050 F) 2006

Advanced NGCC 2005

NGCC, F class 2006

Conventional NGCC 2005

Conventioanl CT 2005

SCPC = Supercritiacal Pulverized Coal

Pulverized 2008

IGCC 2008

NGCC 2008

Generic 2008

Wind 2008

Geothermal 2008

CSP

PV

SCPC, Sutherland Generating Station Unit 4 2013 649

SCPC, Pee Dee 2012 600

SCPC, Big Stone 2 2013 580

USCPC, John W. Turk, Jr. 2013 609

SCPC, Cliffside Unit 6 2012 800

SCPC, American Municipal Power GS 1 & 2 2013 960

SCPC, Holcomb Station Units 3 & 4 2012 1400

SCPC, Sandy Creek Energy Station 2012 900

SCPC, Morborne 2012 689

IGCC, Mountaineer IGCC 2013 629

IGCC, Great Bend 2015 629

IGCC, Taylerville Energy Center 2012 630

IGCC, Kemper County 2013 600

IGCC, Edwardsport IGCC 2011 630

US-EPR, Calvert Cliffs 3 2015 1600

AP1000, Levy County 1 & 2 2016 2184

ABWR, STP Units 3 & 4 - Mid Estimate 2015 2700

NGCC, Greenland Energy Center 2012 553

NGCC, Avenal Power Project 2012 483

NGCC, Cane Island Combined Cycle 2011 300

NGCC, Colusa Generating Station 2010 527

NGCC, Deer Creek 2012 300

NGCC, Harry Allen Combined 2011 484

NGCC, Thetford 2011 512

Wind, Taconite I Wind Energy Center 2008 25

Wind, Blue Sky Green Field Wind Project 2008 145

Wind, Cedar Ridge Wind Farm 2008 68

Wind, Cloud County Wind Farm 2008 149

Wind, White Wind Farm 2010 200

Wind, Bent Tree Wind Farm 2010 200

Wind, Crane Creek Wind Project 2009 99

Geothermal, Newberry Volcano Project (Phase I & II) 2011 120

Geothermal, Faulkner I 2009 35

Geothermal, Raft River Phase I 2008 14

Geothermal, Hot Sulfur Springs 2009 32

Page 528: Economics of Photoelectricity - November 13 2012

CSP, Bethel 2008 99

CSP, Ivanpah 2012 400

CSP, Carrizo Energy Solar Farm 2012 177

CSP, Nevada Solar 2012 64

CSP, Mojave Solar Park 2011 554

CSP, Xcel Solar Thermal 2016 200

CSP, FPL Group 2014 300

CSP, Beacon Solar Energy Project 2011 250

CSP, Solana GS 2011 280

PV, Nellis Air Force Base 2007 14

PV, Alamos PV Power Plant 2007 8

Pulverized Coal, Supercritical 2008 N182 600

Pulverized Coal Combined Cycle, Supercritical 2008 N182 600

IGCC Coal 2008 N182 550

IGCC Coal Combined Cycle 2008 N182 380

Nuclear Gen III/III+ 2008 N182 1350

Combined Cycle 2008 N182 400

NGCC 2008 N182 400

Onshore 2008 N182 50

Binary 2008 N182 50

Trough 2008 N182 100

2008 N182 5

Conventional Coal 2009 N183

Advanced Coal 2009 N183

Conventional NGCC 2009 N183

Advanced NGCC 2009 N183

Conventional Combustion Turbine 2009 N183

Advanced Combustion Turbine 2009 N183

Nuclear 2009 N183

Onshore 2009 N183

Offshore 2009 N183

PV 2009 N183

CSP 2009 N183

Geothermal 2009 N183

Biomass 2009 N183

Hydro 2009 N183

Conventional Coal 2010 N184

Advanced Coal 2010 N184

Conventional NGCC 2010 N184

Advanced NGCC 2010 N184

Conventional Combustion Turbine 2010 N184

Advanced Combustion Turbine 2010 N184

Nuclear 2010 N184

Geothermal 2010 N184

Biomass 2010 N184

Wind 2010 N184

PV 2010 N184

CSP 2010 N184

Hydro 2010 N184

Page 529: Economics of Photoelectricity - November 13 2012

Source Cost ($/kWe) Source btu/kWh Source HHV efficiency

S2814 9650 to 10400 S2814 33 to 35%

S2814 6333 to 6800 S2814 50 to 54%

S2814 7757 to 9275 S2814 37 to 44%

7757 S2814

8126 S2814

8304 S2814

1443 S2814 8309 S2814

8681 S2814

8712 S2814

8750 to 9000 S2814

1249 S2814 8844 S2814

8922 S2814

9276 S2814

575 S2814 6333 S2814

6719 S2814

584 S2814 6800 S2814

407 S2814 10842 S2814

2485 S2815, N181 9118 S2815, N181

3359 S2815, N181 8528 S2815, N181

1186 S2815, N181 6647 S2815, N181

S2815 2857 S2815

S2815 2083 S2815

S2815 2433 S2815

S2815 2499 S2815

S2815 2250 S2815

S2815 3073 S2815

S2815 2571 S2815

S2815 2440 S2815

S2815 2467 S2467

S2815 3545 S2815

S2815 3498 S2815

S2815 3175 S2815

S2815 3000 S2815

S2815 3730 S2815

S2815 5746 S2815

S2815 4260 S2815

S2815 3200 S2815

S2815 1085 S2815

S2815 1097 S2815

S2815 1167 S2815

S2815 1277 S2815

S2815 1100 S2815

S2815 1409 S2815

S2815 1017 S2815

S2815 2000 S2815

S2815 2152 S2815

S2815 2439 S2815

S2815 1806 S2815

S2815 1500 S2815

S2815 2313 S2815

S2815 2535 S2815

S2815 2500 S2815

S2815 3429 S2815

S2815 2847 S2815

S2815 3906 S2815

Page 530: Economics of Photoelectricity - November 13 2012

S2815 3725 S2815

S2815 3000 S2815

S2815 3107 S2815

S2815 3906 S2815

S2815 3610 S2815

S2815 3000 S2815

S2815 3000 S2815

S2815 4000 S2815

S2815 3571 S2815

S2815 7143 S2815

S2815 5961 S2815

S2815 2485 S2815 9118 S2815

S2815 3953 S2815 11579 S2815

S2815 3359 S2815 8528 S2815

S2815 4774 S2815 10334 S2815

S2815 3682 S2815 10400 S2815

S2815 1186 S2815 6647 S2815

S2815 2342 S2815 8332 S2815

S2815 1896 S2815

S2815 3590 S2815

S2815 2836 S2815

S2815 5782 S2815

Page 531: Economics of Photoelectricity - November 13 2012

Source Source Source Source

S2814

S2814

S2814

5.57 S2815 0.61

5.46 S2815 0.1

2.57 S2815 0.14

6.13 S2815 0

6.67 S2815 0

13.69 S2815 0

13.71 S2815 0

4.17 S2815 0

Variable O&M Cost ($/MWh)

Variable O&M Cost w/Fuel ($/MWh)

Fixed O&M Cost ($/MW)

Sox and Nox cost

Page 532: Economics of Photoelectricity - November 13 2012

4.68 S2815 28100 S2815

14.32 S2815 45565 S2815

2.98 S2815 39459 S2815

4.53 S2815 46434 S2815

0.5 S2815 69279 S2815

2.05 S2815 11936 S2815

3 S2815 20307 S2815

30921 S2815

168011 S2815

57941 S2815

11926 S2815

24.3 S2817 3.9 S2817

25.7 S2817 7.9 S2817

45.6 S2817 17.5 S2817

42.1 S2817 17.9 S2817

71.5 S2817 45.8 S2817

62.9 S2817 31.6 S2817

11.7 S2817 90.1 S2817

0 S2817 83.9 S2817

0 S2817 209.3 S2817

0 S2817 194.6 S2817

0 S2817 259.4 S2817

9.5 S2817 79.3 S2817

42.3 S2817 55.3 S2817

6.3 S2817 74.5 S2817

27.5 S2818 4 S2818

29.1 S2818 6.6 S2818

45.8 S2818 1.9 S2818

42.4 S2818 1.9 S2818

76.4 S2818 2.7 S2818

64.7 S2818 2.6 S2818

11.6 S2818 11.3 S2818

9.6 S2818 11.9 S2818

44.3 S2818 13.8 S2818

0 S2818 9.8 S2818

0 S2818 7.7 S2818

0 S2818 40.1 S2818

6 S2818 4 S2818

Page 533: Economics of Photoelectricity - November 13 2012

Source Source Source Source

S2815

S2815

S2815

S2815

S2815

S2815

S2815

S2815

SO2 Emmision Rate

NOx Emmision Rate

CO2 Emmision Rate Capacity

Factor

Page 534: Economics of Photoelectricity - November 13 2012

0.157 S2815 0.05 S2815 209 S2815 85

85

0.0184 S2815 0.01 S2815 209 S2815 85

85

90

70

0 S2815 0.02 S2815 117.08 S2815 85

34

90

31

21

85

85

87

87

30

30

90

34

34

25

18

92

83

52

85

85

87

87

30

30

90

91

83

33

25

20

53

Page 535: Economics of Photoelectricity - November 13 2012

Source

Transmission Investment ($/MWh)

Page 536: Economics of Photoelectricity - November 13 2012

S2815

S2815

S2815

S2815

S2815

S2815

S2815

S2815

S2815

S2815

S2815

S2817 1.2 S2817

S2817 1.2 S2817

S2817 1.2 S2817

S2817 1.2 S2817

S2817 3.5 S2817

S2817 3.5 S2817

S2817 1 S2817

S2817 3.5 S2817

S2817 5.9 S2817

S2817 4 S2817

S2817 5.8 S2817

S2817 1 S2817

S2817 1.3 S2817

S2817 1.9 S2817

S2818 1.2 S2818

S2818 1.2 S2818

S2818 1.2 S2818

S2818 1.2 S2818

S2818 3.6 S2818

S2818 3.6 S2818

S2818 1.1 S2818

S2818 1.5 S2818

S2818 1.3 S2818

S2818 3.8 S2818

S2818 4.3 S2818

S2818 6.3 S2818

S2818 2.1 S2818

Page 537: Economics of Photoelectricity - November 13 2012

China, 2015 China, 2015

Bk SC Source Bk USC PCC Source

Overnight Cost USD/kWe 602 - 672 S1137 656 S1137

Reference Size MW 559 - 1119 S1137 932 S1137

Efficiency % 46% S1137 46% S1137

Investment Cost at 5% DR USD/kWe 632 - 705 S1137 689 S1137

Investment Cost at 10% DR USD/kWe 663 - 740 S1137 723 S1137

Decom Costs at 5% DR USD/kWh 0.03 S1137 0.03 S1137

Decom Costs at 10% DR USD/kWh 0.01 S1137 0.01 S1137

Fuel Costs USD/MWh 23.06 S1137 23.06 S1137

Carbon Costs USD/MWh

O&M Costs USD/MWh 1.51 - 1.68 S1137 1.64 S1137

LCOE at 5% DR USD/MWh 29.42 -30.16 S1137 29.99 S1137

LCOE at 10% DR USD/MWh 33.26 - 34.43 S1137 34.17 S1137

Page 538: Economics of Photoelectricity - November 13 2012

Germany, 2015 Germany, 2015 US, 2015 US, 2015

Bk PCC Source Br PCC Source Bk IGCC Source Bk PCC

1904 S1137 2197 S1137 2433 S1137 2108

800 S1137 1050 S1137 550 S1137 600

46% S1137 45% S1137 39% S1137 39%

2131 S1137 2459 S1137 2666 S1137 2310

2381 S1137 2747 S1137 2916 S1137 2526

0.08 S1137 0.09 S1137 0.1 S1137 0.08

0.02 S1137 0.02 S1137 0.02 S1137 0.02

28.17 S1137 11.27 S1137 19.63 S1137 19.6

22.07 S1137 26.12 S1137 26.4 S1137 26.4

12.67 S1137 14.04 S1137 8.37 S1137 8.76

79.26 S1137 70.29 S1137 74.87 S1137 72.49

94.1 S1137 87.41 S1137 92.61 S1137 87.86

Page 539: Economics of Photoelectricity - November 13 2012

Source

S1137

S1137

S1137

S1137

S1137

S1137

S1137

S1137

S1137

S1137

S1137

S1137

Page 540: Economics of Photoelectricity - November 13 2012

Assumptions Note Canada, Utility, 2012 Source

Photoelectric

Installed Costs € 1,790 W106

Start-up costs % of installed cost

O&M $/kW or $/kWh € 0.018 W106

O&M Inflation Rate 2% W106

Generation per year (G) kWh/kWp 1200 W106

Performance Degradation Rate %/year 0.50% W106

Replace Inverter in Year 12 W106

Replacement Inverter Cost

System Life years

Contract Life years 20 W106

Self Consumption (Percentage) N/A

Post-FiT Renumeration Rate

Electricity Rate N/A

Electricity Inflation Rate N/A

PV Price Escalator See: S1647

Percentage Financed

Length of Loan years

Nominal Interest Rate

Grace period

Payout

Provision

Depreciation Period years 10 W106

Linear Depreciation Rate 10% W106

Accelerated Depreciation Rate

Discount Rate (WACC)

Individual Tax Rate (<10 years) 40% W106

Individual Tax Rate (>10 years) 40% W106

Residual Value % of installed cost

These assumption sets (terribly incomplete though they may be) are meant to help simplify the solution to LCOE, IRR and similar problems. They are meant to be reasonable benchmarks rather than design parameters.

It is my opinion that all the international PV institutions should publish these "standardized" values annually. This would allow for system performance to be analyzed in a consistent and transparent way.

In practical terms it means there'd be a code at the bottom of an LCOE graph on a presentation slide that lists the LCOE assumption set used in the analysis and any departures from the base assumptions in the set. For example: France, Res. 2011, 35 year system life

Page 541: Economics of Photoelectricity - November 13 2012

China, Utility, 2011 Sources France, Residential, 2011 Source France, Commercial, 2011

Photoelectric Photoelectric Photoelectric

$ 2,350 S2324

1600 S2324

0.50% S939 0.50%

15 S1562 15

25 S1562 25

0.1396 W93

5.4% S1562 3.5%

N/A N/A

80% S2324

7% S2324

4.6% S1562 6.5%

25% S2324

These assumption sets (terribly incomplete though they may be) are meant to help simplify the solution to LCOE, IRR and similar problems. They are meant to be reasonable benchmarks rather than design parameters.

It is my opinion that all the international PV institutions should publish these "standardized" values annually. This would allow for system performance to be analyzed in a consistent and transparent way.

In practical terms it means there'd be a code at the bottom of an LCOE graph on a presentation slide that lists the LCOE assumption set used in the analysis and any departures from the base assumptions in the set. For example: France, Res. 2011, 35 year system life

Page 542: Economics of Photoelectricity - November 13 2012

Source France, Utility, 2010 Sources Germany, Residential, 2010 Source

Photoelectric Photoelectric

€ 2,800 S1565

3%

€ 0.025 ???

2%

900

S939 0.50% S939

S1562 15

€ 250

S1562 25

20

30%

N/A

€ 0.23 W93

S1562 2%

N/A

95%

10

2.95%

0 years

95%

0.25%

20

5%

N/A

S1562 4%

30%

30%

N/A

Page 543: Economics of Photoelectricity - November 13 2012

Germany, Utility, 2010 Source Germany, Residential, 2011 Source

Photoelectric Photoelectric

€ 2,400 S1565

900

0.50% S939

15 S1562

25 S1562

20

30%

N/A

0.267 W93

3% S1562

N/A

4.4% S1562

Page 544: Economics of Photoelectricity - November 13 2012

Germany, Commercial, 2011 Sources Germany, Utility, 2012 Sources

Photoelectric Photoelectric

€ 1,860 W106

€ 0.018 W106

2% W106

900 W106

0.50% S939 0.50% W106

15 S1562

25 S1562

20 W106

N/A

N/A

3% S1562 N/A

N/A

10 W106

10% W106

6.5% S1562

40% W106

40% W106

Page 545: Economics of Photoelectricity - November 13 2012

Italy, Residential, 2011 Sources Italy, Commercial, 2011 Sources Italy Utility, 2010

Photoelectric Photoelectric Photoelectric

0.50% S939 0.50% S939

15 S1562 15 S1562

25 S1562 25 S1562

0.2041 W93

3% S1562 3% S1562

N/A N/A

5.5% S1562 7.6% S1562

Page 546: Economics of Photoelectricity - November 13 2012

Sources Spain, Residential, 2011 Sources Spain, Commercial, 2011 Sources

Photoelectric Photoelectric

0.50% S939 0.50% S939

15 S1562 15 S1562

25 S1562 25 S1562

0.2013 W93

5% S1562 5% S1562

N/A N/A

6.1% S1562 8.2% S1562

Page 547: Economics of Photoelectricity - November 13 2012

Spain, Utility, 2010 Sources United Kingdom, Residential, 2011 Sources

Photoelectric Photoelectric

0.50% S939

15 S1562

25 S1562

0.1587 W93

2% S1562

N/A

4.6% S1562

Page 548: Economics of Photoelectricity - November 13 2012

United Kingdom, Commercial, 2011 Sources United States, Residential, 2011 Sources

Photoelectric Photoelectric

36.68 S1643

0.50% S939 0.50% S939

15 S1562 15 S1562

0.55 S1644

25 S1562 25 S1562

5% S1562

N/A N/A

6.8% S1562

Page 549: Economics of Photoelectricity - November 13 2012

United States, Commercial, 2011 Sources

Photoelectric

30 S1647

3% S1647

1350 S1647

0.50% S939

15 S1562

25 S1562

4% S1647

Page 550: Economics of Photoelectricity - November 13 2012

Depreciation Choices Months Months MACRS Options

N/A Jan January Mid-First Quarter 5 Year MACRS 1

Linear Feb February Mid-First Quarter 5 Year MACRS 0.98

Declining Balance Mar March Mid-First Quarter 5 Year MACRS 0.941

MACRS Apr April Mid-Second Quarter 5 Year MACRS 0.871

May May Mid-Second Quarter 5 Year MACRS 0.76

Jun June Mid-Second Quarter 5 Year MACRS 0.614

Jul July Mid-Third Quarter 5 Year MACRS 0.461

Aug August Mid-Third Quarter 5 Year MACRS 0.307

Sep September Mid-Third Quarter 5 Year MACRS 0.173

Oct October Mid-Fourth Quarter 5 Year MACRS 0.088

Nov November Mid-Fourth Quarter 5 Year MACRS 0.039

Dec December Mid-Fourth Quarter 5 Year MACRS 0.016

Germany Simple Generation Output

Prorating

Page 551: Economics of Photoelectricity - November 13 2012

Loan Prorata Year/Quarter Source

1.000 2001 Q1 Ireland 4.1 S1897 Mid-First Quarter 5 Year MACRS

0.917 2001 Q2 Greece 6.7 S1897 Mid-Second Quarter 5 Year MACRS

0.833 2001 Q3 Portugal 3.4 S1897 Mid-Third Quarter 5 Year MACRS

0.750 2001 Q4 Japan 0.8 S1897 Mid-Fourth Quarter 5 Year MACRS

0.667 2002 Q1 Italy 3 S1897

0.583 2002 Q2 Spain 2.9 S1897

0.500 2002 Q3 Denmark 2.7 S1897

0.417 2002 Q4 New Zealand 5 S1897

0.333 2003 Q1 Germany 2.2 S1897

0.250 2003 Q2 Netherlands 2.3 S1897

0.167 2003 Q3 Belgium 2.6 S1897

0.083 2003 Q4 Austria 2.7 S1897

2004 Q1 Finland 2.1 S1897

2004 Q2 France 2.3 S1897

2004 Q3 Britain 2.3 S1897

2004 Q4 Sweden 2.5 S1897

2005 Q1 US 2.2 S1897

2005 Q2 Canada 2.3 S1897

2005 Q3 Norway 3.8 S1897

2005 Q4 Austria 4.8 S1897

2006 Q1 Switzerland 1.3 S1897

2006 Q2

2006 Q3

2006 Q4

2007 Q1

2007 Q2

2007 Q3

2007 Q4

2008 Q1

2008 Q2

2008 Q3

2008 Q4

2009 Q1

2009 Q2

2009 Q3

2009 Q4

2010 Q1

2010 Q2

2010 Q3

2010 Q4

2011 Q1

2011 Q2

2011 Q3

2011 Q4

2012 Q1

2012 Q2

2012 Q3

2012 Q4

2013 Q1

2013 Q2

2013 Q3

2013 Q4

2014 Q1

2014 Q2

2014 Q3

2014 Q4

2015 Q1

Average Cost of Debt (2011)

Page 552: Economics of Photoelectricity - November 13 2012

2015 Q2

2015 Q3

2015 Q4

2016 Q1

2016 Q2

2016 Q3

2016 Q4

2017 Q1

2017 Q2

2017 Q3

2017 Q4

2018 Q1

2018 Q2

2018 Q3

2018 Q4

2019 Q1

2019 Q2

2019 Q3

2019 Q4

2020 Q1

2020 Q2

2020 Q3

2020 Q4

2001 1 2001 Q1

2001 2 2001 Q2

Page 553: Economics of Photoelectricity - November 13 2012

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Source Quarters Years

0.35 0.26 0.156 0.1101 0.1101 0.0138 S1642 Q1 1990 YES

0.25 0.3 0.18 0.1137 0.1137 0.0426 S1642 Q1 1991 NO

0.15 0.34 0.204 0.1224 0.113 0.0706 S1642 Q1 1992

0.05 0.38 0.228 0.1368 0.1094 0.0958 S1642 Q2 1993

Q2 1994

Q2 1995

Q3 1996

Q3 1997

Q3 1998

Q4 1999

Q4 2000

Q4 2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

Page 554: Economics of Photoelectricity - November 13 2012

Year/Month Source Source

1953-04 2.83 W107, S1907

1953-05 3.05 W107, S1907

1953-06 3.11 W107, S1907

1953-07 2.93 W107, S1907

1953-08 2.95 W107, S1907

1953-09 2.87 W107, S1907

1953-10 2.66 W107, S1907

1953-11 2.68 W107, S1907

1953-12 2.59 W107, S1907

1954-01 2.48 W107, S1907

1954-02 2.47 W107, S1907

1954-03 2.37 W107, S1907

1954-04 2.29 W107, S1907

1954-05 2.37 W107, S1907

1954-06 2.38 W107, S1907

1954-07 2.30 W107, S1907

1954-08 2.36 W107, S1907

1954-09 2.38 W107, S1907

1954-10 2.43 W107, S1907

1954-11 2.48 W107, S1907

1954-12 2.51 W107, S1907

1955-01 2.61 W107, S1907

1955-02 2.65 W107, S1907

1955-03 2.68 W107, S1907

1955-04 2.75 W107, S1907

1955-05 2.76 W107, S1907

1955-06 2.78 W107, S1907

1955-07 2.90 W107, S1907

1955-08 2.97 W107, S1907

1955-09 2.97 W107, S1907

1955-10 2.88 W107, S1907

1955-11 2.89 W107, S1907

1955-12 2.96 W107, S1907

1956-01 2.90 W107, S1907

1956-02 2.84 W107, S1907

1956-03 2.96 W107, S1907

1956-04 3.18 W107, S1907

1956-05 3.07 W107, S1907

1956-06 3.00 W107, S1907

1956-07 3.11 W107, S1907

1956-08 3.33 W107, S1907

1956-09 3.38 W107, S1907

1956-10 3.34 W107, S1907

1956-11 3.49 W107, S1907

1956-12 3.59 W107, S1907

1957-01 3.46 W107, S1907

1957-02 3.34 W107, S1907

1957-03 3.41 W107, S1907

1957-04 3.48 W107, S1907

1957-05 3.60 W107, S1907

1957-06 3.80 W107, S1907

1957-07 3.93 W107, S1907

1957-08 3.93 W107, S1907

1957-09 3.92 W107, S1907

1957-10 3.97 W107, S1907

U.S. 10 year Treasury

Australian 10 year Bond

France 10 year Bond

Page 555: Economics of Photoelectricity - November 13 2012

1957-11 3.72 W107, S1907

1957-12 3.21 W107, S1907

1958-01 3.09 W107, S1907

1958-02 3.05 W107, S1907

1958-03 2.98 W107, S1907

1958-04 2.88 W107, S1907

1958-05 2.92 W107, S1907

1958-06 2.97 W107, S1907

1958-07 3.20 W107, S1907

1958-08 3.54 W107, S1907

1958-09 3.76 W107, S1907

1958-10 3.80 W107, S1907

1958-11 3.74 W107, S1907

1958-12 3.86 W107, S1907

1959-01 4.02 W107, S1907

1959-02 3.96 W107, S1907

1959-03 3.99 W107, S1907

1959-04 4.12 W107, S1907

1959-05 4.31 W107, S1907

1959-06 4.34 W107, S1907

1959-07 4.40 W107, S1907

1959-08 4.43 W107, S1907

1959-09 4.68 W107, S1907

1959-10 4.53 W107, S1907

1959-11 4.53 W107, S1907

1959-12 4.69 W107, S1907

1960-01 4.72 W107, S1907

1960-02 4.49 W107, S1907

1960-03 4.25 W107, S1907

1960-04 4.28 W107, S1907

1960-05 4.35 W107, S1907

1960-06 4.15 W107, S1907

1960-07 3.90 W107, S1907

1960-08 3.80 W107, S1907

1960-09 3.80 W107, S1907

1960-10 3.89 W107, S1907

1960-11 3.93 W107, S1907

1960-12 3.84 W107, S1907

1961-01 3.84 W107, S1907

1961-02 3.78 W107, S1907

1961-03 3.74 W107, S1907

1961-04 3.78 W107, S1907

1961-05 3.71 W107, S1907

1961-06 3.88 W107, S1907

1961-07 3.92 W107, S1907

1961-08 4.04 W107, S1907

1961-09 3.98 W107, S1907

1961-10 3.92 W107, S1907

1961-11 3.94 W107, S1907

1961-12 4.06 W107, S1907

1962-01 4.08 W107, S1907

1962-02 4.04 W107, S1907

1962-03 3.93 W107, S1907

1962-04 3.84 W107, S1907

1962-05 3.87 W107, S1907

1962-06 3.91 W107, S1907

1962-07 4.01 W107, S1907

Page 556: Economics of Photoelectricity - November 13 2012

1962-08 3.98 W107, S1907

1962-09 3.98 W107, S1907

1962-10 3.93 W107, S1907

1962-11 3.92 W107, S1907

1962-12 3.86 W107, S1907

1963-01 3.83 W107, S1907

1963-02 3.92 W107, S1907

1963-03 3.93 W107, S1907

1963-04 3.97 W107, S1907

1963-05 3.93 W107, S1907

1963-06 3.99 W107, S1907

1963-07 4.02 W107, S1907

1963-08 4.00 W107, S1907

1963-09 4.08 W107, S1907

1963-10 4.11 W107, S1907

1963-11 4.12 W107, S1907

1963-12 4.13 W107, S1907

1964-01 4.17 W107, S1907

1964-02 4.15 W107, S1907

1964-03 4.22 W107, S1907

1964-04 4.23 W107, S1907

1964-05 4.20 W107, S1907

1964-06 4.17 W107, S1907

1964-07 4.19 W107, S1907

1964-08 4.19 W107, S1907

1964-09 4.20 W107, S1907

1964-10 4.19 W107, S1907

1964-11 4.15 W107, S1907

1964-12 4.18 W107, S1907

1965-01 4.19 W107, S1907

1965-02 4.21 W107, S1907

1965-03 4.21 W107, S1907

1965-04 4.20 W107, S1907

1965-05 4.21 W107, S1907

1965-06 4.21 W107, S1907

1965-07 4.20 W107, S1907

1965-08 4.25 W107, S1907

1965-09 4.29 W107, S1907

1965-10 4.35 W107, S1907

1965-11 4.45 W107, S1907

1965-12 4.62 W107, S1907

1966-01 4.61 W107, S1907

1966-02 4.83 W107, S1907

1966-03 4.87 W107, S1907

1966-04 4.75 W107, S1907

1966-05 4.78 W107, S1907

1966-06 4.81 W107, S1907

1966-07 5.02 W107, S1907

1966-08 5.22 W107, S1907

1966-09 5.18 W107, S1907

1966-10 5.01 W107, S1907

1966-11 5.16 W107, S1907

1966-12 4.84 W107, S1907

1967-01 4.58 W107, S1907

1967-02 4.63 W107, S1907

1967-03 4.54 W107, S1907

1967-04 4.59 W107, S1907

Page 557: Economics of Photoelectricity - November 13 2012

1967-05 4.85 W107, S1907

1967-06 5.02 W107, S1907

1967-07 5.16 W107, S1907

1967-08 5.28 W107, S1907

1967-09 5.30 W107, S1907

1967-10 5.48 W107, S1907

1967-11 5.75 W107, S1907

1967-12 5.70 W107, S1907

1968-01 5.53 W107, S1907

1968-02 5.56 W107, S1907

1968-03 5.74 W107, S1907

1968-04 5.64 W107, S1907

1968-05 5.87 W107, S1907

1968-06 5.72 W107, S1907

1968-07 5.50 W107, S1907

1968-08 5.42 W107, S1907

1968-09 5.46 W107, S1907

1968-10 5.58 W107, S1907

1968-11 5.70 W107, S1907

1968-12 6.03 W107, S1907

1969-01 6.04 W107, S1907

1969-02 6.19 W107, S1907

1969-03 6.30 W107, S1907

1969-04 6.17 W107, S1907

1969-05 6.32 W107, S1907

1969-06 6.57 W107, S1907

1969-07 6.72 W107, S1907

1969-08 6.69 W107, S1907

1969-09 7.16 W107, S1907

1969-10 7.10 W107, S1907

1969-11 7.14 W107, S1907

1969-12 7.65 W107, S1907

1970-01 7.79 W107, S1907

1970-02 7.24 W107, S1907

1970-03 7.07 W107, S1907

1970-04 7.39 W107, S1907

1970-05 7.91 W107, S1907

1970-06 7.84 W107, S1907

1970-07 7.46 W107, S1907

1970-08 7.53 W107, S1907

1970-09 7.39 W107, S1907

1970-10 7.33 W107, S1907

1970-11 6.84 W107, S1907

1970-12 6.39 W107, S1907

1971-01 6.24 W107, S1907

1971-02 6.11 W107, S1907

1971-03 5.70 W107, S1907

1971-04 5.83 W107, S1907

1971-05 6.39 W107, S1907

1971-06 6.52 W107, S1907

1971-07 6.73 W107, S1907

1971-08 6.58 W107, S1907

1971-09 6.14 W107, S1907

1971-10 5.93 W107, S1907

1971-11 5.81 W107, S1907

1971-12 5.93 W107, S1907

1972-01 5.95 W107, S1907

Page 558: Economics of Photoelectricity - November 13 2012

1972-02 6.08 W107, S1907

1972-03 6.07 W107, S1907

1972-04 6.19 W107, S1907

1972-05 6.13 W107, S1907

1972-06 6.11 W107, S1907

1972-07 6.11 W107, S1907

1972-08 6.21 W107, S1907

1972-09 6.55 W107, S1907

1972-10 6.48 W107, S1907

1972-11 6.28 W107, S1907

1972-12 6.36 W107, S1907

1973-01 6.46 W107, S1907

1973-02 6.64 W107, S1907

1973-03 6.71 W107, S1907

1973-04 6.67 W107, S1907

1973-05 6.85 W107, S1907

1973-06 6.90 W107, S1907

1973-07 7.13 W107, S1907

1973-08 7.40 W107, S1907

1973-09 7.09 W107, S1907

1973-10 6.79 W107, S1907

1973-11 6.73 W107, S1907

1973-12 6.74 W107, S1907

1974-01 6.99 W107, S1907

1974-02 6.96 W107, S1907

1974-03 7.21 W107, S1907

1974-04 7.51 W107, S1907

1974-05 7.58 W107, S1907

1974-06 7.54 W107, S1907

1974-07 7.81 W107, S1907

1974-08 8.04 W107, S1907

1974-09 8.04 W107, S1907

1974-10 7.90 W107, S1907

1974-11 7.68 W107, S1907

1974-12 7.43 W107, S1907

1975-01 7.50 W107, S1907

1975-02 7.39 W107, S1907

1975-03 7.73 W107, S1907

1975-04 8.23 W107, S1907

1975-05 8.06 W107, S1907

1975-06 7.86 W107, S1907

1975-07 8.06 W107, S1907

1975-08 8.40 W107, S1907

1975-09 8.43 W107, S1907

1975-10 8.14 W107, S1907

1975-11 8.05 W107, S1907

1975-12 8.00 W107, S1907

1976-01 7.74 W107, S1907

1976-02 7.79 W107, S1907

1976-03 7.73 W107, S1907

1976-04 7.56 W107, S1907

1976-05 7.90 W107, S1907

1976-06 7.86 W107, S1907

1976-07 7.83 W107, S1907

1976-08 7.77 W107, S1907

1976-09 7.59 W107, S1907

1976-10 7.41 W107, S1907

Page 559: Economics of Photoelectricity - November 13 2012

1976-11 7.29 W107, S1907

1976-12 6.87 W107, S1907

1977-01 7.21 W107, S1907

1977-02 7.39 W107, S1907

1977-03 7.46 W107, S1907

1977-04 7.37 W107, S1907

1977-05 7.46 W107, S1907

1977-06 7.28 W107, S1907

1977-07 7.33 W107, S1907

1977-08 7.40 W107, S1907

1977-09 7.34 W107, S1907

1977-10 7.52 W107, S1907

1977-11 7.58 W107, S1907

1977-12 7.69 W107, S1907

1978-01 7.96 W107, S1907

1978-02 8.03 W107, S1907

1978-03 8.04 W107, S1907

1978-04 8.15 W107, S1907

1978-05 8.35 W107, S1907

1978-06 8.46 W107, S1907

1978-07 8.64 W107, S1907

1978-08 8.41 W107, S1907

1978-09 8.42 W107, S1907

1978-10 8.64 W107, S1907

1978-11 8.81 W107, S1907

1978-12 9.01 W107, S1907

1979-01 9.10 W107, S1907

1979-02 9.10 W107, S1907

1979-03 9.12 W107, S1907

1979-04 9.18 W107, S1907

1979-05 9.25 W107, S1907

1979-06 8.91 W107, S1907

1979-07 8.95 W107, S1907

1979-08 9.03 W107, S1907

1979-09 9.33 W107, S1907

1979-10 10.30 W107, S1907

1979-11 10.65 W107, S1907

1979-12 10.39 W107, S1907

1980-01 10.80 W107, S1907

1980-02 12.41 W107, S1907

1980-03 12.75 W107, S1907

1980-04 11.47 W107, S1907

1980-05 10.18 W107, S1907

1980-06 9.78 W107, S1907

1980-07 10.25 W107, S1907

1980-08 11.10 W107, S1907

1980-09 11.51 W107, S1907

1980-10 11.75 W107, S1907

1980-11 12.68 W107, S1907

1980-12 12.84 W107, S1907

1981-01 12.57 W107, S1907

1981-02 13.19 W107, S1907

1981-03 13.12 W107, S1907

1981-04 13.68 W107, S1907

1981-05 14.10 W107, S1907

1981-06 13.47 W107, S1907

1981-07 14.28 W107, S1907

Page 560: Economics of Photoelectricity - November 13 2012

1981-08 14.94 W107, S1907

1981-09 15.32 W107, S1907

1981-10 15.15 W107, S1907

1981-11 13.39 W107, S1907

1981-12 13.72 W107, S1907

1982-01 14.59 W107, S1907

1982-02 14.43 W107, S1907

1982-03 13.86 W107, S1907

1982-04 13.87 W107, S1907

1982-05 13.62 W107, S1907

1982-06 14.30 W107, S1907

1982-07 13.95 W107, S1907

1982-08 13.06 W107, S1907

1982-09 12.34 W107, S1907

1982-10 10.91 W107, S1907

1982-11 10.55 W107, S1907

1982-12 10.54 W107, S1907

1983-01 10.46 W107, S1907

1983-02 10.72 W107, S1907

1983-03 10.51 W107, S1907

1983-04 10.40 W107, S1907

1983-05 10.38 W107, S1907

1983-06 10.85 W107, S1907

1983-07 11.38 W107, S1907

1983-08 11.85 W107, S1907

1983-09 11.65 W107, S1907

1983-10 11.54 W107, S1907

1983-11 11.69 W107, S1907

1983-12 11.83 W107, S1907

1984-01 11.67 W107, S1907

1984-02 11.84 W107, S1907

1984-03 12.32 W107, S1907

1984-04 12.63 W107, S1907

1984-05 13.41 W107, S1907

1984-06 13.56 W107, S1907

1984-07 13.36 W107, S1907

1984-08 12.72 W107, S1907

1984-09 12.52 W107, S1907

1984-10 12.16 W107, S1907

1984-11 11.57 W107, S1907

1984-12 11.50 W107, S1907

1985-01 11.38 W107, S1907

1985-02 11.51 W107, S1907

1985-03 11.86 W107, S1907

1985-04 11.43 W107, S1907

1985-05 10.85 W107, S1907

1985-06 10.16 W107, S1907

1985-07 10.31 W107, S1907

1985-08 10.33 W107, S1907

1985-09 10.37 W107, S1907

1985-10 10.24 W107, S1907

1985-11 9.78 W107, S1907

1985-12 9.26 W107, S1907

1986-01 9.19 W107, S1907

1986-02 8.70 W107, S1907

1986-03 7.78 W107, S1907

1986-04 7.30 W107, S1907

Page 561: Economics of Photoelectricity - November 13 2012

1986-05 7.71 W107, S1907

1986-06 7.80 W107, S1907

1986-07 7.30 W107, S1907

1986-08 7.17 W107, S1907

1986-09 7.45 W107, S1907

1986-10 7.43 W107, S1907

1986-11 7.25 W107, S1907

1986-12 7.11 W107, S1907

1987-01 7.08 W107, S1907

1987-02 7.25 W107, S1907

1987-03 7.25 W107, S1907

1987-04 8.02 W107, S1907

1987-05 8.61 W107, S1907

1987-06 8.40 W107, S1907

1987-07 8.45 W107, S1907

1987-08 8.76 W107, S1907

1987-09 9.42 W107, S1907

1987-10 9.52 W107, S1907

1987-11 8.86 W107, S1907

1987-12 8.99 W107, S1907

1988-01 8.67 W107, S1907

1988-02 8.21 W107, S1907

1988-03 8.37 W107, S1907

1988-04 8.72 W107, S1907

1988-05 9.09 W107, S1907

1988-06 8.92 W107, S1907

1988-07 9.06 W107, S1907

1988-08 9.26 W107, S1907

1988-09 8.98 W107, S1907

1988-10 8.80 W107, S1907

1988-11 8.96 W107, S1907

1988-12 9.11 W107, S1907

1989-01 9.09 W107, S1907

1989-02 9.17 W107, S1907

1989-03 9.36 W107, S1907

1989-04 9.18 W107, S1907

1989-05 8.86 W107, S1907

1989-06 8.28 W107, S1907

1989-07 8.02 W107, S1907

1989-08 8.11 W107, S1907

1989-09 8.19 W107, S1907

1989-10 8.01 W107, S1907

1989-11 7.87 W107, S1907

1989-12 7.84 W107, S1907

1990-01 8.21 W107, S1907

1990-02 8.47 W107, S1907

1990-03 8.59 W107, S1907

1990-04 8.79 W107, S1907

1990-05 8.76 W107, S1907

1990-06 8.48 W107, S1907

1990-07 8.47 W107, S1907

1990-08 8.75 W107, S1907

1990-09 8.89 W107, S1907

1990-10 8.72 W107, S1907

1990-11 8.39 W107, S1907

1990-12 8.08 W107, S1907

1991-01 8.09 W107, S1907

Page 562: Economics of Photoelectricity - November 13 2012

1991-02 7.85 W107, S1907

1991-03 8.11 W107, S1907

1991-04 8.04 W107, S1907

1991-05 8.07 W107, S1907

1991-06 8.28 W107, S1907

1991-07 8.27 W107, S1907

1991-08 7.90 W107, S1907

1991-09 7.65 W107, S1907

1991-10 7.53 W107, S1907

1991-11 7.42 W107, S1907

1991-12 7.09 W107, S1907

1992-01 7.03 W107, S1907

1992-02 7.34 W107, S1907

1992-03 7.54 W107, S1907

1992-04 7.48 W107, S1907

1992-05 7.39 W107, S1907

1992-06 7.26 W107, S1907

1992-07 6.84 W107, S1907

1992-08 6.59 W107, S1907

1992-09 6.42 W107, S1907

1992-10 6.59 W107, S1907

1992-11 6.87 W107, S1907

1992-12 6.77 W107, S1907

1993-01 6.60 W107, S1907

1993-02 6.26 W107, S1907

1993-03 5.98 W107, S1907

1993-04 5.97 W107, S1907

1993-05 6.04 W107, S1907

1993-06 5.96 W107, S1907

1993-07 5.81 W107, S1907

1993-08 5.68 W107, S1907

1993-09 5.36 W107, S1907

1993-10 5.33 W107, S1907

1993-11 5.72 W107, S1907

1993-12 5.77 W107, S1907

1994-01 5.75 W107, S1907

1994-02 5.97 W107, S1907

1994-03 6.48 W107, S1907

1994-04 6.97 W107, S1907

1994-05 7.18 W107, S1907

1994-06 7.10 W107, S1907

1994-07 7.30 W107, S1907

1994-08 7.24 W107, S1907

1994-09 7.46 W107, S1907

1994-10 7.74 W107, S1907

1994-11 7.96 W107, S1907

1994-12 7.81 W107, S1907

1995-01 7.78 W107, S1907 10.33 S2977

1995-02 7.47 W107, S1907 10.15 S2977

1995-03 7.20 W107, S1907 10.14 S2977

1995-04 7.06 W107, S1907 9.80 S2977

1995-05 6.63 W107, S1907 9.11 S2977

1995-06 6.17 W107, S1907 8.86 S2977

1995-07 6.28 W107, S1907 9.08 S2977

1995-08 6.49 W107, S1907 9.12 S2977

1995-09 6.20 W107, S1907 8.69 S2977

1995-10 6.04 W107, S1907 8.51 S2977

Page 563: Economics of Photoelectricity - November 13 2012

1995-11 5.93 W107, S1907 8.50 S2977

1995-12 5.71 W107, S1907 8.25 S2977

1996-01 5.65 W107, S1907 8.11 S2977

1996-02 5.81 W107, S1907 8.25 S2977

1996-03 6.27 W107, S1907 8.81 S2977

1996-04 6.51 W107, S1907 8.87 S2977

1996-05 6.74 W107, S1907 8.83 S2977

1996-06 6.91 W107, S1907 8.93 S2977

1996-07 6.87 W107, S1907 8.63 S2977

1996-08 6.64 W107, S1907 8.04 S2977

1996-09 6.83 W107, S1907 8.00 S2977

1996-10 6.53 W107, S1907 7.55 S2977

1996-11 6.20 W107, S1907 7.16 S2977

1996-12 6.30 W107, S1907 7.32 S2977

1997-01 6.58 W107, S1907 7.46 S2977

1997-02 6.42 W107, S1907 7.39 S2977

1997-03 6.69 W107, S1907 7.90 S2977

1997-04 6.89 W107, S1907 7.92 S2977

1997-05 6.71 W107, S1907 7.67 S2977

1997-06 6.49 W107, S1907 7.15 S2977

1997-07 6.22 W107, S1907 6.64 S2977

1997-08 6.30 W107, S1907 6.65 S2977

1997-09 6.21 W107, S1907 6.31 S2977

1997-10 6.03 W107, S1907 6.18 S2977

1997-11 5.88 W107, S1907 6.03 S2977

1997-12 5.81 W107, S1907 6.14 S2977

1998-01 5.54 W107, S1907 5.81 S2977

1998-02 5.57 W107, S1907 5.89 S2977

1998-03 5.65 W107, S1907 5.87 S2977

1998-04 5.64 W107, S1907 5.69 S2977

1998-05 5.65 W107, S1907 5.64 S2977

1998-06 5.50 W107, S1907 5.58 S2977

1998-07 5.46 W107, S1907 5.52 S2977

1998-08 5.34 W107, S1907 5.64 S2977

1998-09 4.81 W107, S1907 5.35 S2977

1998-10 4.53 W107, S1907 4.97 S2977

1998-11 4.83 W107, S1907 5.13 S2977

1998-12 4.65 W107, S1907 4.85 S2977

1999-01 4.72 W107, S1907 5.13 S2977

1999-02 5.00 W107, S1907 5.30 S2977

1999-03 5.23 W107, S1907 5.53 S2977

1999-04 5.18 W107, S1907 5.36 S2977

1999-05 5.54 W107, S1907 5.88 S2977

1999-06 5.90 W107, S1907 6.21 S2977

1999-07 5.79 W107, S1907 6.14 S2977

1999-08 5.94 W107, S1907 6.34 S2977

1999-09 5.92 W107, S1907 6.34 S2977

1999-10 6.11 W107, S1907 6.61 S2977

1999-11 6.03 W107, S1907 6.56 S2977

1999-12 6.28 W107, S1907 6.74 S2977

2000-01 6.66 W107, S1907 7.18 S2977

2000-02 6.52 W107, S1907 6.96 S2977

2000-03 6.26 W107, S1907 6.57 S2977

2000-04 5.99 W107, S1907 6.26 S2977

2000-05 6.44 W107, S1907 6.47 S2977

2000-06 6.10 W107, S1907 6.17 S2977

2000-07 6.05 W107, S1907 6.16 S2977

Page 564: Economics of Photoelectricity - November 13 2012

2000-08 5.83 W107, S1907 6.23 S2977

2000-09 5.80 W107, S1907 6.14 S2977

2000-10 5.74 W107, S1907 6.11 S2977

2000-11 5.72 W107, S1907 5.99 S2977

2000-12 5.24 W107, S1907 5.54 S2977

2001-01 5.16 W107, S1907 5.41 S2977

2001-02 5.10 W107, S1907 5.32 S2977

2001-03 4.89 W107, S1907 5.13 S2977

2001-04 5.14 W107, S1907 5.58 S2977

2001-05 5.39 W107, S1907 5.94 S2977

2001-06 5.28 W107, S1907 5.90 S2977

2001-07 5.24 W107, S1907 6.09 S2977

2001-08 4.97 W107, S1907 5.76 S2977

2001-09 4.73 W107, S1907 5.58 S2977

2001-10 4.57 W107, S1907 5.41 S2977

2001-11 4.65 W107, S1907 5.46 S2977

2001-12 5.09 W107, S1907 5.82 S2977

2002-01 5.04 W107, S1907 5.86 S2977

2002-02 4.91 W107, S1907 5.95 S2977

2002-03 5.28 W107, S1907 6.31 S2977

2002-04 5.21 W107, S1907 6.29 S2977

2002-05 5.16 W107, S1907 6.22 S2977

2002-06 4.93 W107, S1907 6.01 S2977

2002-07 4.65 W107, S1907 5.86 S2977

2002-08 4.26 W107, S1907 5.65 S2977

2002-09 3.87 W107, S1907 5.44 S2977

2002-10 3.94 W107, S1907 5.66 S2977

2002-11 4.05 W107, S1907 5.50 S2977

2002-12 4.03 W107, S1907 5.40 S2977

2003-01 4.05 W107, S1907 5.27 S2977

2003-02 3.90 W107, S1907 5.17 S2977

2003-03 3.81 W107, S1907 5.27 S2977

2003-04 3.96 W107, S1907 5.35 S2977

2003-05 3.57 W107, S1907 5.03 S2977

2003-06 3.33 W107, S1907 4.80 S2977

2003-07 3.98 W107, S1907 5.23 S2977

2003-08 4.45 W107, S1907 5.52 S2977

2003-09 4.27 W107, S1907 5.51 S2977

2003-10 4.29 W107, S1907 5.61 S2977

2003-11 4.30 W107, S1907 5.87 S2977

2003-12 4.27 W107, S1907 5.76 S2977

2004-01 4.15 W107, S1907 5.70 S2977

2004-02 4.08 W107, S1907 5.62 S2977

2004-03 3.83 W107, S1907 5.42 S2977

2004-04 4.35 W107, S1907 5.80 S2977

2004-05 4.72 W107, S1907 5.96 S2977

2004-06 4.73 W107, S1907 5.85 S2977

2004-07 4.50 W107, S1907 5.72 S2977

2004-08 4.28 W107, S1907 5.58 S2977

2004-09 4.13 W107, S1907 5.41 S2977

2004-10 4.10 W107, S1907 5.40 S2977

2004-11 4.19 W107, S1907 5.40 S2977

2004-12 4.23 W107, S1907 5.23 S2977

2005-01 4.22 W107, S1907 5.35 S2977

2005-02 4.17 W107, S1907 5.40 S2977

2005-03 4.50 W107, S1907 5.65 S2977

2005-04 4.34 W107, S1907 5.47 S2977

Page 565: Economics of Photoelectricity - November 13 2012

2005-05 4.14 W107, S1907 5.29 S2977

2005-06 4.00 W107, S1907 5.14 S2977

2005-07 4.18 W107, S1907 5.19 S2977

2005-08 4.26 W107, S1907 5.22 S2977

2005-09 4.20 W107, S1907 5.19 S2977

2005-10 4.46 W107, S1907 5.40 S2977

2005-11 4.54 W107, S1907 5.44 S2977

2005-12 4.47 W107, S1907 5.35 S2977

2006-01 4.42 W107, S1907 5.20 S2977

2006-02 4.57 W107, S1907 5.27 S2977

2006-03 4.72 W107, S1907 5.34 S2977

2006-04 4.99 W107, S1907 5.58 S2977

2006-05 5.11 W107, S1907 5.75 S2977

2006-06 5.11 W107, S1907 5.74 S2977

2006-07 5.09 W107, S1907 5.83 S2977

2006-08 4.88 W107, S1907 5.77 S2977

2006-09 4.72 W107, S1907 5.60 S2977

2006-10 4.73 W107, S1907 5.67 S2977

2006-11 4.60 W107, S1907 5.60 S2977

2006-12 4.56 W107, S1907 5.70 S2977

2007-01 4.76 W107, S1907 5.88 S2977

2007-02 4.72 W107, S1907 5.81 S2977

2007-03 4.56 W107, S1907 5.74 S2977

2007-04 4.69 W107, S1907 5.91 S2977

2007-05 4.75 W107, S1907 5.92 S2977

2007-06 5.10 W107, S1907 6.20 S2977

2007-07 5.00 W107, S1907 6.15 S2977

2007-08 4.67 W107, S1907 5.93 S2977

2007-09 4.52 W107, S1907 5.99 S2977

2007-10 4.53 W107, S1907 6.17 S2977

2007-11 4.15 W107, S1907 6.03 S2977

2007-12 4.10 W107, S1907 6.21 S2977

2008-01 3.74 W107, S1907 6.08 S2977

2008-02 3.74 W107, S1907 6.29 S2977

2008-03 3.51 W107, S1907 6.09 S2977

2008-04 3.68 W107, S1907 6.17 S2977

2008-05 3.88 W107, S1907 6.35 S2977

2008-06 4.10 W107, S1907 6.59 S2977

2008-07 4.01 W107, S1907 6.37 S2977

2008-08 3.89 W107, S1907 5.86 S2977

2008-09 3.69 W107, S1907 5.65 S2977

2008-10 3.81 W107, S1907 5.22 S2977

2008-11 3.53 W107, S1907 4.94 S2977

2008-12 2.42 W107, S1907 4.22 S2977

2009-01 2.52 W107, S1907 4.09 S2977

2009-02 2.87 W107, S1907 4.25 S2977

2009-03 2.82 W107, S1907 4.33 S2977

2009-04 2.93 W107, S1907 4.51 S2977

2009-05 3.29 W107, S1907 5.00 S2977

2009-06 3.72 W107, S1907 5.56 S2977

2009-07 3.56 W107, S1907 5.49 S2977

2009-08 3.59 W107, S1907 5.53 S2977

2009-09 3.40 W107, S1907 5.32 S2977

2009-10 3.39 W107, S1907 5.45 S2977

2009-11 3.40 W107, S1907 5.47 S2977

2009-12 3.59 W107, S1907 5.47 S2977

2010-01 3.73 W107, S1907 5.56 S2977

Page 566: Economics of Photoelectricity - November 13 2012

2010-02 3.69 W107, S1907 5.48 S2977

2010-03 3.73 W107, S1907 5.62 S2977

2010-04 3.85 W107, S1907 5.79 S2977

2010-05 3.42 W107, S1907 5.48 S2977 3.14

2010-06 3.20 W107, S1907 5.33 S2977 3.07

2010-07 3.01 W107, S1907 5.14 S2977 2.99

2010-08 2.70 W107, S1907 4.97 S2977 2.68

2010-09 2.65 W107, S1907 5.00 S2977 2.68

2010-10 2.54 W107, S1907 5.09 S2977 2.72

2010-11 2.76 W107, S1907 5.38 S2977 3.00

2010-12 3.29 W107, S1907 5.56 S2977 3.34

2011-01 3.39 W107, S1907 5.52 S2977 3.44

2011-02 3.58 W107, S1907 5.61 S2977 3.60

2011-03 3.41 W107, S1907 5.44 S2977 3.61

2011-04 3.46 W107, S1907 5.51 S2977 3.69

2011-05 3.17 W107, S1907 5.33 S2977 3.49

2011-06 3.00 W107, S1907 5.16 S2977

2011-07 3.00 W107, S1907 5.02 S2977

2011-08 2.30 W107, S1907 4.47 S2977

2011-09 1.98 W107, S1907 4.20 S2977

2011-10 2.15 W107, S1907 4.38 S2977

2011-11 2.01 W107, S1907 4.08 S2977

2011-12 1.98 W107, S1907 3.82 S2977

2012-01 1.97 W107, S1907 3.80 S2977

2012-02 3.97 S2977

2012-03 4.15 S2977

2012-04 3.86 S2977

2012-05 3.28 S2977

2012-06 2.99 S2977

2012-07 2.89 S2977

2012-08 3.19 S2977

2012-09 3.09 S2977

2012-10 3.02 S2977

2012-11

2012-12

Page 567: Economics of Photoelectricity - November 13 2012

Source

Page 568: Economics of Photoelectricity - November 13 2012

S2976

S2976

S2976

S2976

S2976

S2976

S2976

S2976

S2976

S2976

S2976

S2976

S2976

Page 569: Economics of Photoelectricity - November 13 2012

SEE, N193, S2978 1997 1998 1999 2000 2001 2002 2003

Australia 7.0 5.5 6.0 6.3 5.6 5.8 5.4

Austria 5.7 4.7 4.7 5.6 5.1 5.0 4.2

Belgium 5.6 4.7 4.7 5.6 5.1 4.9 4.1

Canada 6.1 5.3 5.5 5.9 5.5 5.3 4.8

Chile

Czech Republic 6.9 6.3 4.9 4.1

Denmark 6.3 5.0 4.9 5.7 5.1 5.1 4.3

Finland 6.0 4.8 4.7 5.5 5.0 5.0 4.1

France 5.6 4.6 4.6 5.4 4.9 4.9 4.1

Germany 5.7 4.6 4.5 5.3 4.8 4.8 4.1

Greece 9.9 8.5 6.3 6.1 5.3 5.1 4.3

Hungary 10.0 8.6 7.9 7.1 6.8

Iceland 8.7 7.7 8.5 11.2 10.4 8.0 6.7

Ireland 6.3 4.7 4.8 5.5 5.0 5.0 4.1

Israel 4.1 4.9 5.2 5.5 4.8 5.3 4.7

Italy 6.9 4.9 4.7 5.6 5.2 5.0 4.3

Japan 2.4 1.5 1.7 1.7 1.3 1.3 1.0

Korea 11.7 12.8 8.7 8.5 6.9 6.6 5.0

Luxembourg 5.6 4.7 4.7 5.5 4.9 4.7 3.3

Mexico 26.6 32.8 28.0 20.2 14.9 10.1 9.0

Netherlands 5.6 4.6 4.6 5.4 5.0 4.9 4.1

New Zealand 7.2 6.3 6.4 6.9 6.4 6.5 5.9

Norway 5.9 5.4 5.5 6.2 6.2 6.4 5.0

Portugal 6.4 4.9 4.8 5.6 5.2 5.0 4.2

Slovak Republic 9.4 21.7 16.2 9.8 8.0 6.9 5.0

Slovenia 8.6 6.4

Spain 6.4 4.8 4.7 5.5 5.1 5.0 4.1

Sweden 6.7 5.0 5.0 5.4 5.1 5.3 4.6

Switzerland 3.4 3.0 3.0 3.9 3.4 3.2 2.7

Turkey 36.9 95.2 65.0 46.5

UK 7.1 5.6 5.1 5.3 4.9 4.9 4.5

United States 6.4 5.3 5.6 6.0 5.0 4.6 4.0

Page 570: Economics of Photoelectricity - November 13 2012

2004 2005 2006 2007 2008 2009 2010 2011 2012

5.6 5.3 5.6 6.0 5.8 5.0 5.4 4.9 4.1

4.2 3.4 3.8 4.3 4.4 3.9 3.2 3.3 3.0

4.1 3.4 3.8 4.3 4.4 3.8 3.3 4.2 3.6

4.6 4.1 4.2 4.3 3.6 3.2 3.2 2.8 2.2

6.3 6.0 6.1 6.1 7.0 5.7 6.3 6.0 5.3

4.8 3.5 3.8 4.3 4.6 4.8 3.9 3.7 3.4

4.3 3.4 3.8 4.3 4.3 3.6 2.9 2.7 2.0

4.1 3.4 3.8 4.3 4.3 3.7 3.0 3.0 2.2

4.1 3.4 3.8 4.3 4.2 3.6 3.1 3.3 2.9

4.0 3.4 3.8 4.2 4.0 3.2 2.7 2.6 1.8

4.3 3.6 4.1 4.5 4.8 5.2 9.1 15.7 22.4

8.3 6.6 7.1 6.7 8.2 9.1 7.3 7.6 8.5

7.5 8.6 8.8 9.4 11.1 8.3 6.1 6.0 6.6

4.1 3.3 3.8 4.3 4.6 5.2 6.0 9.6 7.0

7.6 6.4 6.3 5.6 5.9 5.1 4.7 5.0 4.6

4.3 3.6 4.0 4.5 4.7 4.3 4.0 5.4 5.6

1.5 1.4 1.7 1.7 1.5 1.3 1.1 1.1 1.1

4.7 5.0 5.2 5.4 5.6 5.2 4.8 4.2 4.2

2.8 2.4 3.3 4.5 4.6 4.2 3.2 2.9 2.0

9.5 9.4 8.4 7.8 8.3 8.0 7.0 6.8 6.2

4.1 3.4 3.8 4.3 4.2 3.7 3.0 3.0 2.2

6.1 5.9 5.8 6.3 6.1 5.5 5.6 4.9 4.3

4.4 3.7 4.1 4.8 4.5 4.0 3.5 3.1 2.4

4.1 3.4 3.9 4.4 4.5 4.2 5.4 10.2 12.1

5.0 3.5 4.4 4.5 4.7 4.7 3.9 4.4 5.0

4.7 3.8 3.9 4.5 4.6 4.4 3.8 5.0 5.8

4.1 3.4 3.8 4.3 4.4 4.0 4.2 5.4 5.2

4.4 3.4 3.7 4.2 3.9 3.2 2.9 2.6 2.1

2.7 2.1 2.5 2.9 2.9 2.2 1.6 1.5 1.0

25.2 16.5 17.9 18.3 19.2 11.6 8.4 8.8 10.4

4.9 4.4 4.5 5.0 4.6 3.6 3.6 3.1 2.6

4.3 4.3 4.8 4.6 3.7 3.3 3.2 2.8 2.3

Page 571: Economics of Photoelectricity - November 13 2012

Year/Month U.S. Inflation Rate Source Source Euro Area

1953-04 0.75% W108, S1910

1953-05 1.12% W108, S1910

1953-06 1.12% W108, S1910

1953-07 0.37% W108, S1910

1953-08 0.74% W108, S1910

1953-09 0.74% W108, S1910

1953-10 1.11% W108, S1910

1953-11 0.74% W108, S1910

1953-12 0.74% W108, S1910

1954-01 1.12% W108, S1910

1954-02 1.49% W108, S1910

1954-03 1.12% W108, S1910

1954-04 0.75% W108, S1910

1954-05 0.74% W108, S1910

1954-06 0.37% W108, S1910

1954-07 0.37% W108, S1910

1954-08 0.00% W108, S1910

1954-09 -0.37% W108, S1910

1954-10 -0.75% W108, S1910

1954-11 -0.37% W108, S1910

1954-12 -0.75% W108, S1910

1955-01 -0.75% W108, S1910

1955-02 -0.75% W108, S1910

1955-03 -0.75% W108, S1910

1955-04 -0.37% W108, S1910

1955-05 -0.75% W108, S1910

1955-06 -0.75% W108, S1910

1955-07 -0.37% W108, S1910

1955-08 -0.37% W108, S1910

1955-09 0.37% W108, S1910

1955-10 0.37% W108, S1910

1955-11 0.37% W108, S1910

1955-12 0.37% W108, S1910

1956-01 0.37% W108, S1910

1956-02 0.37% W108, S1910

1956-03 0.37% W108, S1910

1956-04 0.74% W108, S1910

1956-05 1.11% W108, S1910

1956-06 1.84% W108, S1910

1956-07 2.19% W108, S1910

1956-08 1.83% W108, S1910

1956-09 1.82% W108, S1910

1956-10 2.18% W108, S1910

1956-11 2.18% W108, S1910

1956-12 2.90% W108, S1910

1957-01 2.90% W108, S1910

1957-02 3.25% W108, S1910

1957-03 3.60% W108, S1910

1957-04 3.58% W108, S1910

1957-05 3.57% W108, S1910

1957-06 3.20% W108, S1910

1957-07 3.18% W108, S1910

1957-08 3.53% W108, S1910

1957-09 3.18% W108, S1910

1957-10 2.83% W108, S1910

1957-11 3.17% W108, S1910

1957-12 2.82% W108, S1910

1958-01 3.50% W108, S1910

1958-02 3.15% W108, S1910

1958-03 3.47% W108, S1910

1958-04 3.46% W108, S1910

1958-05 3.11% W108, S1910

1958-06 2.77% W108, S1910

China Inflation Rate

Page 572: Economics of Photoelectricity - November 13 2012

1958-07 2.41% W108, S1910

1958-08 2.08% W108, S1910

1958-09 2.08% W108, S1910

1958-10 2.08% W108, S1910

1958-11 2.07% W108, S1910

1958-12 1.73% W108, S1910

1959-01 1.38% W108, S1910

1959-02 1.04% W108, S1910

1959-03 0.35% W108, S1910

1959-04 0.34% W108, S1910

1959-05 0.34% W108, S1910

1959-06 0.69% W108, S1910

1959-07 0.68% W108, S1910

1959-08 1.03% W108, S1910

1959-09 1.37% W108, S1910

1959-10 1.70% W108, S1910

1959-11 1.36% W108, S1910

1959-12 1.70% W108, S1910

1960-01 1.02% W108, S1910

1960-02 1.70% W108, S1910

1960-03 1.70% W108, S1910

1960-04 1.69% W108, S1910

1960-05 1.69% W108, S1910

1960-06 1.69% W108, S1910

1960-07 1.35% W108, S1910

1960-08 1.35% W108, S1910

1960-09 1.01% W108, S1910

1960-10 1.34% W108, S1910

1960-11 1.34% W108, S1910

1960-12 1.34% W108, S1910

1961-01 1.68% W108, S1910

1961-02 1.34% W108, S1910

1961-03 1.34% W108, S1910

1961-04 1.01% W108, S1910

1961-05 1.01% W108, S1910

1961-06 0.67% W108, S1910

1961-07 1.33% W108, S1910

1961-08 1.00% W108, S1910

1961-09 1.33% W108, S1910

1961-10 0.67% W108, S1910

1961-11 0.67% W108, S1910

1961-12 0.67% W108, S1910

1962-01 0.67% W108, S1910

1962-02 1.00% W108, S1910

1962-03 1.00% W108, S1910

1962-04 1.32% W108, S1910

1962-05 1.32% W108, S1910

1962-06 1.32% W108, S1910

1962-07 0.99% W108, S1910

1962-08 1.32% W108, S1910

1962-09 1.32% W108, S1910

1962-10 1.32% W108, S1910

1962-11 1.32% W108, S1910

1962-12 1.32% W108, S1910

1963-01 1.32% W108, S1910

1963-02 0.99% W108, S1910

1963-03 1.31% W108, S1910

1963-04 0.98% W108, S1910

1963-05 0.98% W108, S1910

1963-06 1.31% W108, S1910

1963-07 1.30% W108, S1910

1963-08 1.30% W108, S1910

1963-09 0.98% W108, S1910

1963-10 1.30% W108, S1910

1963-11 1.30% W108, S1910

Page 573: Economics of Photoelectricity - November 13 2012

1963-12 1.62% W108, S1910

1964-01 1.62% W108, S1910

1964-02 1.62% W108, S1910

1964-03 1.29% W108, S1910

1964-04 1.29% W108, S1910

1964-05 1.29% W108, S1910

1964-06 1.29% W108, S1910

1964-07 1.29% W108, S1910

1964-08 0.97% W108, S1910

1964-09 1.29% W108, S1910

1964-10 0.96% W108, S1910

1964-11 1.28% W108, S1910

1964-12 0.96% W108, S1910

1965-01 0.96% W108, S1910

1965-02 0.96% W108, S1910

1965-03 1.28% W108, S1910

1965-04 1.59% W108, S1910

1965-05 1.59% W108, S1910

1965-06 1.90% W108, S1910

1965-07 1.58% W108, S1910

1965-08 1.90% W108, S1910

1965-09 1.58% W108, S1910

1965-10 1.89% W108, S1910

1965-11 1.58% W108, S1910

1965-12 1.89% W108, S1910

1966-01 1.89% W108, S1910

1966-02 2.50% W108, S1910

1966-03 2.49% W108, S1910

1966-04 2.79% W108, S1910

1966-05 2.79% W108, S1910

1966-06 2.47% W108, S1910

1966-07 2.77% W108, S1910

1966-08 3.36% W108, S1910

1966-09 3.36% W108, S1910

1966-10 3.65% W108, S1910

1966-11 3.65% W108, S1910

1966-12 3.34% W108, S1910

1967-01 3.34% W108, S1910

1967-02 2.74% W108, S1910

1967-03 2.73% W108, S1910

1967-04 2.42% W108, S1910

1967-05 2.71% W108, S1910

1967-06 2.70% W108, S1910

1967-07 2.69% W108, S1910

1967-08 2.39% W108, S1910

1967-09 2.68% W108, S1910

1967-10 2.37% W108, S1910

1967-11 2.66% W108, S1910

1967-12 2.95% W108, S1910

1968-01 3.52% W108, S1910

1968-02 3.80% W108, S1910

1968-03 3.79% W108, S1910

1968-04 3.78% W108, S1910

1968-05 3.77% W108, S1910

1968-06 4.03% W108, S1910

1968-07 4.30% W108, S1910

1968-08 4.29% W108, S1910

1968-09 4.27% W108, S1910

1968-10 4.53% W108, S1910

1968-11 4.52% W108, S1910

1968-12 4.51% W108, S1910

1969-01 4.21% W108, S1910

1969-02 4.47% W108, S1910

1969-03 4.99% W108, S1910

1969-04 5.23% W108, S1910

Page 574: Economics of Photoelectricity - November 13 2012

1969-05 5.22% W108, S1910

1969-06 5.19% W108, S1910

1969-07 5.16% W108, S1910

1969-08 5.41% W108, S1910

1969-09 5.39% W108, S1910

1969-10 5.36% W108, S1910

1969-11 5.60% W108, S1910

1969-12 5.84% W108, S1910

1970-01 5.82% W108, S1910

1970-02 5.79% W108, S1910

1970-03 5.50% W108, S1910

1970-04 5.71% W108, S1910

1970-05 5.70% W108, S1910

1970-06 5.67% W108, S1910

1970-07 5.64% W108, S1910

1970-08 5.13% W108, S1910

1970-09 5.36% W108, S1910

1970-10 5.33% W108, S1910

1970-11 5.30% W108, S1910

1970-12 5.28% W108, S1910

1971-01 5.03% W108, S1910

1971-02 4.76% W108, S1910

1971-03 4.50% W108, S1910

1971-04 3.99% W108, S1910

1971-05 4.22% W108, S1910

1971-06 4.43% W108, S1910

1971-07 4.18% W108, S1910

1971-08 4.41% W108, S1910

1971-09 3.92% W108, S1910

1971-10 3.67% W108, S1910

1971-11 3.18% W108, S1910

1971-12 3.16% W108, S1910

1972-01 3.16% W108, S1910

1972-02 3.39% W108, S1910

1972-03 3.38% W108, S1910

1972-04 3.37% W108, S1910

1972-05 3.13% W108, S1910

1972-06 2.64% W108, S1910

1972-07 2.86% W108, S1910

1972-08 2.86% W108, S1910

1972-09 3.09% W108, S1910

1972-10 3.31% W108, S1910

1972-11 3.54% W108, S1910

1972-12 3.29% W108, S1910

1973-01 3.52% W108, S1910

1973-02 3.73% W108, S1910

1973-03 4.39% W108, S1910

1973-04 4.82% W108, S1910

1973-05 5.24% W108, S1910

1973-06 5.66% W108, S1910

1973-07 5.42% W108, S1910

1973-08 6.87% W108, S1910

1973-09 6.86% W108, S1910

1973-10 7.24% W108, S1910

1973-11 7.63% W108, S1910

1973-12 8.01% W108, S1910

1974-01 8.58% W108, S1910

1974-02 9.11% W108, S1910

1974-03 9.41% W108, S1910

1974-04 9.17% W108, S1910

1974-05 9.67% W108, S1910

1974-06 9.80% W108, S1910

1974-07 10.32% W108, S1910

1974-08 9.80% W108, S1910

1974-09 10.67% W108, S1910

Page 575: Economics of Photoelectricity - November 13 2012

1974-10 10.76% W108, S1910

1974-11 10.87% W108, S1910

1974-12 10.98% W108, S1910

1975-01 10.56% W108, S1910

1975-02 10.10% W108, S1910

1975-03 9.30% W108, S1910

1975-04 9.26% W108, S1910

1975-05 8.65% W108, S1910

1975-06 8.58% W108, S1910

1975-07 8.86% W108, S1910

1975-08 7.92% W108, S1910

1975-09 7.33% W108, S1910

1975-10 6.92% W108, S1910

1975-11 6.87% W108, S1910

1975-12 6.49% W108, S1910

1976-01 6.29% W108, S1910

1976-02 5.91% W108, S1910

1976-03 5.72% W108, S1910

1976-04 5.70% W108, S1910

1976-05 5.84% W108, S1910

1976-06 5.63% W108, S1910

1976-07 5.08% W108, S1910

1976-08 5.40% W108, S1910

1976-09 5.21% W108, S1910

1976-10 5.18% W108, S1910

1976-11 4.66% W108, S1910

1976-12 4.64% W108, S1910

1977-01 4.96% W108, S1910

1977-02 5.58% W108, S1910

1977-03 6.05% W108, S1910

1977-04 6.50% W108, S1910

1977-05 6.30% W108, S1910

1977-06 6.43% W108, S1910

1977-07 6.39% W108, S1910

1977-08 6.21% W108, S1910

1977-09 6.19% W108, S1910

1977-10 6.01% W108, S1910

1977-11 6.30% W108, S1910

1977-12 6.28% W108, S1910

1978-01 6.40% W108, S1910

1978-02 6.04% W108, S1910

1978-03 6.15% W108, S1910

1978-04 6.10% W108, S1910

1978-05 6.51% W108, S1910

1978-06 6.90% W108, S1910

1978-07 7.15% W108, S1910

1978-08 7.27% W108, S1910

1978-09 7.67% W108, S1910

1978-10 8.20% W108, S1910

1978-11 8.16% W108, S1910

1978-12 8.27% W108, S1910

1979-01 8.49% W108, S1910

1979-02 8.97% W108, S1910

1979-03 9.17% W108, S1910

1979-04 9.49% W108, S1910

1979-05 9.79% W108, S1910

1979-06 9.82% W108, S1910

1979-07 10.12% W108, S1910

1979-08 10.57% W108, S1910

1979-09 10.86% W108, S1910

1979-10 10.77% W108, S1910

1979-11 11.20% W108, S1910

1979-12 11.73% W108, S1910

1980-01 12.21% W108, S1910

1980-02 12.42% W108, S1910

Page 576: Economics of Photoelectricity - November 13 2012

1980-03 12.86% W108, S1910

1980-04 12.84% W108, S1910

1980-05 12.59% W108, S1910

1980-06 12.58% W108, S1910

1980-07 11.61% W108, S1910

1980-08 11.40% W108, S1910

1980-09 11.19% W108, S1910

1980-10 11.32% W108, S1910

1980-11 11.23% W108, S1910

1980-12 11.12% W108, S1910

1981-01 10.57% W108, S1910

1981-02 10.24% W108, S1910

1981-03 9.49% W108, S1910

1981-04 9.09% W108, S1910

1981-05 8.91% W108, S1910

1981-06 8.72% W108, S1910

1981-07 9.72% W108, S1910

1981-08 9.75% W108, S1910

1981-09 9.87% W108, S1910

1981-10 9.21% W108, S1910

1981-11 8.75% W108, S1910

1981-12 8.19% W108, S1910

1982-01 7.74% W108, S1910

1982-02 7.08% W108, S1910

1982-03 6.35% W108, S1910

1982-04 6.11% W108, S1910

1982-05 6.26% W108, S1910

1982-06 6.60% W108, S1910

1982-07 6.05% W108, S1910

1982-08 5.53% W108, S1910

1982-09 4.80% W108, S1910

1982-10 4.89% W108, S1910

1982-11 4.39% W108, S1910

1982-12 3.69% W108, S1910

1983-01 3.58% W108, S1910

1983-02 3.37% W108, S1910

1983-03 3.47% W108, S1910

1983-04 3.75% W108, S1910

1983-05 3.43% W108, S1910

1983-06 2.51% W108, S1910

1983-07 2.40% W108, S1910

1983-08 2.50% W108, S1910

1983-09 2.78% W108, S1910

1983-10 2.77% W108, S1910

1983-11 3.16% W108, S1910

1983-12 3.65% W108, S1910

1984-01 4.02% W108, S1910

1984-02 4.39% W108, S1910

1984-03 4.58% W108, S1910

1984-04 4.36% W108, S1910

1984-05 4.06% W108, S1910

1984-06 4.05% W108, S1910

1984-07 4.03% W108, S1910

1984-08 4.11% W108, S1910

1984-09 4.10% W108, S1910

1984-10 4.08% W108, S1910

1984-11 3.89% W108, S1910

1984-12 3.80% W108, S1910

1985-01 3.41% W108, S1910

1985-02 3.40% W108, S1910

1985-03 3.57% W108, S1910

1985-04 3.55% W108, S1910

1985-05 3.63% W108, S1910

1985-06 3.62% W108, S1910

1985-07 3.43% W108, S1910

Page 577: Economics of Photoelectricity - November 13 2012

1985-08 3.24% W108, S1910

1985-09 3.05% W108, S1910

1985-10 3.13% W108, S1910

1985-11 3.39% W108, S1910

1985-12 3.66% W108, S1910

1986-01 3.74% W108, S1910

1986-02 3.02% W108, S1910

1986-03 2.21% W108, S1910

1986-04 1.57% W108, S1910

1986-05 1.47% W108, S1910

1986-06 1.74% W108, S1910

1986-07 1.55% W108, S1910

1986-08 1.55% W108, S1910

1986-09 1.72% W108, S1910

1986-10 1.45% W108, S1910

1986-11 1.27% W108, S1910

1986-12 1.09% W108, S1910

1987-01 1.44% W108, S1910

1987-02 2.06% W108, S1910

1987-03 2.94% W108, S1910

1987-04 3.64% W108, S1910

1987-05 3.71% W108, S1910

1987-06 3.52% W108, S1910

1987-07 3.78% W108, S1910

1987-08 4.11% W108, S1910

1987-09 4.17% W108, S1910

1987-10 4.34% W108, S1910

1987-11 4.33% W108, S1910

1987-12 4.25% W108, S1910

1988-01 3.89% W108, S1910

1988-02 3.79% W108, S1910

1988-03 3.78% W108, S1910

1988-04 3.76% W108, S1910

1988-05 3.74% W108, S1910

1988-06 3.81% W108, S1910

1988-07 3.97% W108, S1910

1988-08 3.87% W108, S1910

1988-09 4.01% W108, S1910

1988-10 4.08% W108, S1910

1988-11 4.07% W108, S1910

1988-12 4.23% W108, S1910

1989-01 4.46% W108, S1910

1989-02 4.61% W108, S1910

1989-03 4.74% W108, S1910

1989-04 4.87% W108, S1910

1989-05 5.09% W108, S1910

1989-06 4.92% W108, S1910

1989-07 4.74% W108, S1910

1989-08 4.49% W108, S1910

1989-09 4.16% W108, S1910

1989-10 4.30% W108, S1910

1989-11 4.45% W108, S1910

1989-12 4.44% W108, S1910

1990-01 4.95% W108, S1910

1990-02 5.00% W108, S1910

1990-03 4.97% W108, S1910

1990-04 4.50% W108, S1910

1990-05 4.18% W108, S1910

1990-06 4.46% W108, S1910

1990-07 4.60% W108, S1910

1990-08 5.32% W108, S1910

1990-09 5.80% W108, S1910

1990-10 5.92% W108, S1910

1990-11 5.90% W108, S1910

1990-12 5.75% W108, S1910

Page 578: Economics of Photoelectricity - November 13 2012

1991-01 5.35% W108, S1910

1991-02 5.04% W108, S1910

1991-03 4.67% W108, S1910

1991-04 4.66% W108, S1910

1991-05 4.72% W108, S1910

1991-06 4.49% W108, S1910

1991-07 4.26% W108, S1910

1991-08 3.66% W108, S1910

1991-09 3.28% W108, S1910

1991-10 2.84% W108, S1910

1991-11 2.90% W108, S1910

1991-12 2.97% W108, S1910

1992-01 2.53% W108, S1910

1992-02 2.74% W108, S1910

1992-03 3.09% W108, S1910

1992-04 3.08% W108, S1910

1992-05 2.93% W108, S1910

1992-06 3.00% W108, S1910

1992-07 3.06% W108, S1910

1992-08 3.05% W108, S1910

1992-09 2.90% W108, S1910

1992-10 3.10% W108, S1910

1992-11 2.96% W108, S1910

1992-12 2.82% W108, S1910

1993-01 3.16% W108, S1910

1993-02 3.14% W108, S1910

1993-03 2.99% W108, S1910

1993-04 3.13% W108, S1910

1993-05 3.12% W108, S1910

1993-06 2.91% W108, S1910

1993-07 2.70% W108, S1910

1993-08 2.69% W108, S1910

1993-09 2.62% W108, S1910

1993-10 2.68% W108, S1910

1993-11 2.61% W108, S1910

1993-12 2.67% W108, S1910

1994-01 2.46% W108, S1910

1994-02 2.45% W108, S1910

1994-03 2.45% W108, S1910

1994-04 2.31% W108, S1910

1994-05 2.24% W108, S1910

1994-06 2.43% W108, S1910

1994-07 2.70% W108, S1910

1994-08 2.82% W108, S1910

1994-09 2.88% W108, S1910

1994-10 2.54% W108, S1910

1994-11 2.61% W108, S1910

1994-12 2.61% W108, S1910

1995-01 2.73% W108, S1910

1995-02 2.78% W108, S1910

1995-03 2.77% W108, S1910

1995-04 2.96% W108, S1910

1995-05 3.09% W108, S1910

1995-06 2.95% W108, S1910

1995-07 2.69% W108, S1910

1995-08 2.55% W108, S1910

1995-09 2.48% W108, S1910

1995-10 2.73% W108, S1910

1995-11 2.54% W108, S1910

1995-12 2.48% W108, S1910

1996-01 2.66% W108, S1910

1996-02 2.58% W108, S1910

1996-03 2.76% W108, S1910

1996-04 2.82% W108, S1910

1996-05 2.81% W108, S1910

Page 579: Economics of Photoelectricity - November 13 2012

1996-06 2.68% W108, S1910

1996-07 2.87% W108, S1910

1996-08 2.80% W108, S1910

1996-09 2.92% W108, S1910

1996-10 2.91% W108, S1910

1996-11 3.15% W108, S1910

1996-12 3.22% W108, S1910

1997-01 2.95% W108, S1910

1997-02 2.94% W108, S1910

1997-03 2.69% W108, S1910

1997-04 2.43% W108, S1910

1997-05 2.19% W108, S1910

1997-06 2.25% W108, S1910

1997-07 2.18% W108, S1910

1997-08 2.18% W108, S1910

1997-09 2.11% W108, S1910

1997-10 2.04% W108, S1910

1997-11 1.80% W108, S1910

1997-12 1.67% W108, S1910

1998-01 1.55% W108, S1910

1998-02 1.42% W108, S1910

1998-03 1.36% W108, S1910

1998-04 1.42% W108, S1910

1998-05 1.66% W108, S1910

1998-06 1.66% W108, S1910

1998-07 1.65% W108, S1910

1998-08 1.59% W108, S1910

1998-09 1.47% W108, S1910

1998-10 1.46% W108, S1910

1998-11 1.52% W108, S1910

1998-12 1.59% W108, S1910

1999-01 1.64% W108, S1910

1999-02 1.58% W108, S1910

1999-03 1.70% W108, S1910

1999-04 2.23% W108, S1910

1999-05 2.05% W108, S1910

1999-06 1.93% W108, S1910

1999-07 2.10% W108, S1910

1999-08 2.21% W108, S1910

1999-09 2.56% W108, S1910

1999-10 2.50% W108, S1910

1999-11 2.55% W108, S1910

1999-12 2.61% W108, S1910

2000-01 2.67% W108, S1910

2000-02 3.12% W108, S1910

2000-03 3.62% W108, S1910

2000-04 2.98% W108, S1910

2000-05 3.09% W108, S1910

2000-06 3.60% W108, S1910

2000-07 3.53% W108, S1910

2000-08 3.30% W108, S1910

2000-09 3.34% W108, S1910

2000-10 3.33% W108, S1910

2000-11 3.33% W108, S1910

2000-12 3.28% W108, S1910

2001-01 3.60% W108, S1910

2001-02 3.41% W108, S1910

2001-03 2.84% W108, S1910

2001-04 3.17% W108, S1910

2001-05 3.49% W108, S1910

2001-06 3.15% W108, S1910

2001-07 2.65% W108, S1910

2001-08 2.65% W108, S1910

2001-09 2.58% W108, S1910

2001-10 2.08% W108, S1910

Page 580: Economics of Photoelectricity - November 13 2012

2001-11 1.86% W108, S1910

2001-12 1.53% W108, S1910

2002-01 1.13% W108, S1910

2002-02 1.12% W108, S1910

2002-03 1.45% W108, S1910

2002-04 1.61% W108, S1910

2002-05 1.17% W108, S1910

2002-06 1.06% W108, S1910

2002-07 1.44% W108, S1910

2002-08 1.77% W108, S1910

2002-09 1.49% W108, S1910

2002-10 1.99% W108, S1910

2002-11 2.15% W108, S1910

2002-12 2.32% W108, S1910

2003-01 2.53% W108, S1910 0.40% S1908 2.10%

2003-02 2.89% W108, S1910 0.20% S1908 2.37%

2003-03 2.93% W108, S1910 0.92% S1908 2.45%

2003-04 2.18% W108, S1910 1.04% S1908 2.08%

2003-05 2.02% W108, S1910 0.66% S1908 1.81%

2003-06 2.07% W108, S1910 0.34% S1908 1.89%

2003-07 2.07% W108, S1910 0.52% S1908 1.90%

2003-08 2.11% W108, S1910 0.91% S1908 2.07%

2003-09 2.27% W108, S1910 1.11% S1908 2.16%

2003-10 2.00% W108, S1910 1.81% S1908 1.97%

2003-11 1.73% W108, S1910 2.95% S1908 2.15%

2003-12 1.84% W108, S1910 3.19% S1908 1.97%

2004-01 1.89% W108, S1910 3.20% S1909, S1908 1.88%

2004-02 1.66% W108, S1910 2.10% S1909, S1908 1.61%

2004-03 1.71% W108, S1910 3.00% S1909, S1908 1.67%

2004-04 2.23% W108, S1910 3.80% S1909, S1908 2.04%

2004-05 2.96% W108, S1910 4.40% S1909, S1908 2.47%

2004-06 3.16% W108, S1910 5.00% S1909, S1908 2.38%

2004-07 2.90% W108, S1910 5.30% S1909, S1908 2.29%

2004-08 2.59% W108, S1910 5.30% S1909, S1908 2.30%

2004-09 2.47% W108, S1910 5.20% S1909, S1908 2.11%

2004-10 3.09% W108, S1910 4.30% S1909, S1908 2.37%

2004-11 3.40% W108, S1910 4.00% S1909, S1908 2.20%

2004-12 3.15% W108, S1910 2.40% S1909, S1908 2.36%

2005-01 2.88% W108, S1910 1.90% S1909, S1908 1.93%

2005-02 2.92% W108, S1910 3.90% S1909, S1908 2.10%

2005-03 3.05% W108, S1910 2.70% S1909, S1908 2.09%

2005-04 3.39% W108, S1910 1.80% S1909, S1908 2.08%

2005-05 2.73% W108, S1910 1.80% S1909, S1908 1.99%

2005-06 2.47% W108, S1910 1.60% S1909, S1908 2.07%

2005-07 3.07% W108, S1910 1.80% S1909, S1908 2.17%

2005-08 3.51% W108, S1910 1.30% S1909, S1908 2.24%

2005-09 4.48% W108, S1910 0.90% S1909, S1908 2.59%

2005-10 4.17% W108, S1910 1.20% S1909, S1908 2.50%

2005-11 3.34% W108, S1910 1.30% S1909, S1908 2.32%

2005-12 3.30% W108, S1910 1.60% S1909, S1908 2.22%

2006-01 3.83% W108, S1910 1.90% S1909, S1908 2.39%

2006-02 3.47% W108, S1910 0.90% S1909, S1908 2.33%

2006-03 3.25% W108, S1910 0.80% S1909, S1908 2.23%

2006-04 3.42% W108, S1910 1.20% S1909, S1908 2.46%

2006-05 4.00% W108, S1910 1.40% S1909, S1908 2.48%

2006-06 4.14% W108, S1910 1.50% S1909, S1908 2.48%

2006-07 3.98% W108, S1910 1.00% S1909, S1908 2.43%

2006-08 3.68% W108, S1910 1.30% S1909, S1908 2.26%

2006-09 2.02% W108, S1910 1.50% S1909, S1908 1.75%

2006-10 1.29% W108, S1910 1.40% S1909, S1908 1.56%

2006-11 1.94% W108, S1910 1.90% S1909, S1908 1.87%

2006-12 2.48% W108, S1910 2.80% S1909, S1908 1.92%

2007-01 2.03% W108, S1910 2.17% S1908 1.84%

2007-02 2.36% W108, S1910 2.71% S1908 1.84%

2007-03 2.70% W108, S1910 3.30% S1908 1.94%

Page 581: Economics of Photoelectricity - November 13 2012

2007-04 2.51% W108, S1910 3.03% S1908 1.91%

2007-05 2.62% W108, S1910 3.39% S1908 1.87%

2007-06 2.62% W108, S1910 4.36% S1908 1.89%

2007-07 2.30% W108, S1910 5.62% S1908 1.78%

2007-08 1.93% W108, S1910 6.52% S1908 1.75%

2007-09 2.68% W108, S1910 6.20% S1908 2.14%

2007-10 3.42% W108, S1910 6.50% S1908 2.55%

2007-11 4.13% W108, S1910 6.90% S1908 3.06%

2007-12 3.92% W108, S1910 6.50% S1908 3.07%

2008-01 4.10% W108, S1910 7.10% S1908 3.21%

2008-02 3.87% W108, S1910 8.70% S1908 3.27%

2008-03 3.83% W108, S1910 8.30% S1908 3.58%

2008-04 3.79% W108, S1910 8.50% S1908 3.26%

2008-05 4.01% W108, S1910 7.70% S1908 3.67%

2008-06 4.78% W108, S1910 7.10% S1908 3.96%

2008-07 5.30% W108, S1910 6.30% S1908 4.05%

2008-08 5.10% W108, S1910 4.90% S1908 3.84%

2008-09 4.70% W108, S1910 4.60% S1908 3.64%

2008-10 3.53% W108, S1910 4.00% S1908 3.16%

2008-11 1.06% W108, S1910 2.40% S1908 2.12%

2008-12 0.09% W108, S1910 1.20% S1908 1.58%

2009-01 0.03% W108, S1910 0.95% S1908 1.12%

2009-02 0.24% W108, S1910 -1.56% S1908 1.18%

2009-03 -0.39% W108, S1910 -1.17% S1908 0.57%

2009-04 -0.74% W108, S1910 -1.50% S1908 0.61%

2009-05 -1.30% W108, S1910 -1.37% S1908 0.04%

2009-06 -1.45% W108, S1910 -1.68% S1908 -0.15%

2009-07 -2.14% W108, S1910 -1.81% S1908 -0.65%

2009-08 -1.51% W108, S1910 -1.20% S1908 -0.17%

2009-09 -1.30% W108, S1910 -0.79% S1908 -0.33%

2009-10 -0.18% W108, S1910 -0.53% S1908 -0.13%

2009-11 1.81% W108, S1910 0.56% S1908 0.48%

2009-12 2.65% W108, S1910 1.86% S1908 0.93%

2010-01 2.56% W108, S1910 1.53% S1908 0.94%

2010-02 2.10% W108, S1910 2.70% S1908 0.85%

2010-03 2.26% W108, S1910 2.37% S1908 1.59%

2010-04 2.19% W108, S1910 2.81% S1908 1.64%

2010-05 1.98% W108, S1910 3.06% S1908 1.69%

2010-06 1.04% W108, S1910 2.95% S1908 1.49%

2010-07 1.22% W108, S1910 3.30% S1908 1.73%

2010-08 1.14% W108, S1910 3.48% S1908 1.58%

2010-09 1.13% W108, S1910 3.61% S1908 1.88%

2010-10 1.16% W108, S1910 4.37% S1908 1.95%

2010-11 1.13% W108, S1910 5.12% S1908 1.92%

2010-12 1.47% W108, S1910 4.59% S1908 2.21%

2011-01 1.61% W108, S1910 4.91% S1908 2.32%

2011-02 2.06% W108, S1910 4.90% S1908 2.37%

2011-03 2.61% W108, S1910 5.40% S1911

2011-04 3.07% W108, S1910 5.30% S1911

2011-05 3.45% W108, S1910 5.50% S1911

2011-06 3.44% W108, S1910 6.40% S1911

2011-07 3.50% W108, S1910 6.50% S1911

2011-08 3.63% W108, S1910 6.20% S1911

2011-09 3.72% W108, S1910 6.10% S1911

2011-10 3.41% W108, S1910 5.50% S1911

2011-11 3.28% W108, S1910 4.20% S1911

2011-12 2.88% W108, S1910 4.10% S1911

2012-01 4.50% S1911

Page 582: Economics of Photoelectricity - November 13 2012

Source Russia Source Brazil Source India

Page 583: Economics of Photoelectricity - November 13 2012

S1908 14.47% S1908 14.30% S1908

S1908 15.85% S1908 14.80% S1908

S1908 16.57% S1908 14.80% S1908

S1908 16.77% S1908 14.60% S1908

S1908 17.24% S1908 13.60% S1908

S1908 16.57% S1908 13.90% S1908

S1908 15.43% S1908 13.90% S1908

S1908 15.07% S1908 13.30% S1908

S1908 15.14% S1908 13.30% S1908

S1908 13.98% S1908 13.20% S1908

S1908 11.02% S1908 12.50% S1908

S1908 9.30% S1908 12.00% S1908

S1908 7.71% S1908 11.30% S1908

S1908 6.69% S1908 10.60% S1908

S1908 5.89% S1908 10.30% S1908

S1908 5.26% S1908 10.20% S1908

S1908 5.15% S1908 10.20% S1908

S1908 6.06% S1908 10.10% S1908

S1908 6.81% S1908 10.40% S1908

S1908 7.18% S1908 11.30% S1908

S1908 6.70% S1908 11.40% S1908

S1908 6.86% S1908 11.50% S1908

S1908 7.24% S1908 11.70% S1908

S1908 7.60% S1908 11.70% S1908

S1908 7.41% S1908 12.70% S1908

S1908 7.39% S1908 13.00% S1908

S1908 7.54% S1908 13.60% S1908

S1908 8.07% S1908 13.80% S1908 5.44%

S1908 8.05% S1908 13.80% S1908 4.59%

S1908 7.27% S1908 13.70% S1908 4.79%

S1908 6.57% S1908 13.20% S1908 4.84%

S1908 6.02% S1908 12.50% S1908 3.48%

S1908 6.04% S1908 12.30% S1908 4.28%

S1908 6.36% S1908 11.70% S1908 4.47%

S1908 6.22% S1908 11.30% S1908 3.84%

S1908 5.69% S1908 10.90% S1908 4.18%

S1908 5.70% S1908 10.70% S1908 4.16%

S1908 5.51% S1908 11.20% S1908 4.25%

S1908 5.32% S1908 10.60% S1908 3.94%

S1908 4.63% S1908 9.80% S1908 4.67%

S1908 4.23% S1908 9.40% S1908 5.85%

S1908 4.03% S1908 9.00% S1908 6.61%

S1908 3.97% S1908 9.30% S1908 6.35%

S1908 3.84% S1908 9.60% S1908 6.92%

S1908 3.70% S1908 9.50% S1908 6.87%

S1908 3.26% S1908 9.20% S1908 6.94%

S1908 3.02% S1908 9.00% S1908 6.64%

S1908 3.14% S1908 9.00% S1908 7.07%

S1908 2.99% S1908 8.20% S1908 6.75%

S1908 3.02% S1908 7.60% S1908 6.64%

S1908 2.96% S1908 7.40% S1908 6.82%

Page 584: Economics of Photoelectricity - November 13 2012

S1908 3.00% S1908 7.60% S1908 6.32%

S1908 3.18% S1908 7.80% S1908 5.62%

S1908 3.69% S1908 8.50% S1908 4.65%

S1908 3.74% S1908 8.70% S1908 4.52%

S1908 4.18% S1908 8.60% S1908 4.13%

S1908 4.15% S1908 9.40% S1908 3.57%

S1908 4.12% S1908 10.80% S1908 3.38%

S1908 4.19% S1908 11.50% S1908 3.83%

S1908 4.46% S1908 11.90% S1908 4.01%

S1908 4.56% S1908 12.60% S1908 4.45%

S1908 4.61% S1908 12.70% S1908 5.69%

S1908 4.73% S1908 13.30% S1908 7.72%

S1908 5.04% S1908 14.30% S1908 7.95%

S1908 5.58% S1908 15.10% S1908 8.20%

S1908 6.06% S1908 15.10% S1908 10.89%

S1908 6.37% S1908 14.70% S1908 11.25%

S1908 6.17% S1908 15.00% S1908 11.22%

S1908 6.25% S1908 15.00% S1908 10.78%

S1908 6.41% S1908 14.20% S1908 10.58%

S1908 6.39% S1908 13.80% S1908 8.57%

S1908 5.90% S1908 13.30% S1908 6.60%

S1908 5.84% S1908 13.40% S1908 5.88%

S1908 5.90% S1908 13.90% S1908 3.45%

S1908 5.61% S1908 14.00% S1908 1.48%

S1908 5.53% S1908 13.20% S1908 0.89%

S1908 5.20% S1908 12.30% S1908 1.21%

S1908 4.80% S1908 11.90% S1908 -0.71%

S1908 4.50% S1908 12.00% S1908 -0.62%

S1908 4.36% S1908 11.60% S1908 0.31%

S1908 4.34% S1908 10.70% S1908 1.09%

S1908 4.17% S1908 9.70% S1908 1.48%

S1908 4.22% S1908 9.10% S1908 4.50%

S1908 4.31% S1908 8.80% S1908 6.92%

S1908 4.59% S1908 8.00% S1908 8.53%

S1908 4.83% S1908 7.20% S1908 9.68%

S1908 5.17% S1908 6.50% S1908 10.23%

S1908 5.26% S1908 6.00% S1908 11.00%

S1908 5.22% S1908 6.00% S1908 10.60%

S1908 4.84% S1908 5.80% S1908 10.28%

S1908 4.60% S1908 5.50% S1908 10.02%

S1908 4.49% S1908 6.10% S1908 8.82%

S1908 4.70% S1908 7.00% S1908 8.93%

S1908 5.20% S1908 7.50% S1908 9.12%

S1908 5.63% S1908 8.10% S1908 8.08%

S1908 5.91% S1908 8.80% S1908 8.43%

S1908 5.99% S1908 9.60% S1908 8.23%

S1908 6.01% S1908 9.50% S1908

Page 585: Economics of Photoelectricity - November 13 2012

Source

Page 586: Economics of Photoelectricity - November 13 2012

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

Page 587: Economics of Photoelectricity - November 13 2012

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

S1908

Page 588: Economics of Photoelectricity - November 13 2012

Direct Sponsor Equity (Development) 12 to 15 S1885

Direct Sponsor Equity (Long Term) 8 to 12 S1885

Tax Equity (Levered) 9.5 to 16 S1885

Tax Equity (unlevered) 7.5 to 12 S1885

Fixed Debt 7 to 8 S1885

Floating Debt 3.5 to 3.5 (LIBOR +200-300bp) S1885

Unlevered Hurdle Rate 7.5-13% S1885

Leveraged Hurdle Rate 9.5-18% S1885

Bond Interest Rates - Utility Aa, 2010 6.8 S2815

Bond Interest Rates - Utility Aa, 2015 7 S2815

Bond Interest Rates - Utility Aa, 2020 7 S2815

Bond Interest Rates - IPP High Yield, 2010 9.8 S2815

Bond Interest Rates - IPP High Yield, 2015 10 S2815

Bond Interest Rates - IPP High Yield, 2020 10 S2815

Bond Interest Rates - Public Power Aaa, 2010 5.1 S2815

Bond Interest Rates - Public Power Aaa, 2015 5.4 S2815

Bond Interest Rates - Public Power Aaa, 2020 5.4 S2815

Public Power Times Interest Earned Ratio Requirement 25 S2815

Bond Interest Rate - Corporate Aaa, 2010 6.3 S2815

Bond Interest Rate - Corporate Aaa, 2015 6.5 S2815

Bond Interest Rate - Corporate Aaa, 2020 6.5 S2815

Cost of Equity - Utility 14 S2815

Cost of Equity - IPP 15.19 S2815

Debt Percent of Capital Structure - Utility 50 S2815

Debt Percent of Capital Structure - IPP 60 S2815

Debt Percent of Capital Structure - Utility or IPP with loan guarantee 80 S2815

Debt Percent of Capital Structure - Public Utility 100 S2815

Credit Subsidy Cost 12.5% of loan value S2815

Long-Term Inflation Rate 1.9 S2815

Composite Federal/State Income Tax Rate 38 S2815

Page 589: Economics of Photoelectricity - November 13 2012

Australia Canada China China Czech Denmark

AUD/USD USD/CAD CNY/USD USD/CNY USD/CZK USD/DKK

1990 - January

1990 - February

1990 - March

1990 - April

1990 - May

1990 - June

1990 - July

1990 - August

1990 - September

1990 - October

1990 - November

1990 - December

1991 - January

1991 - February

1991 - March

1991 - April

1991 - May

1991 - June

1991 - July

1991 - August

1991 - September

1991 - October

1991 - November

1991 - December

1992 - January

1992 - February

1992 - March

1992 - April

1992 - May

1992 - June

1992 - July

1992 - August

1992 - September

1992 - October

1992 - November

1992 - December

1993 - January

1993 - February

1993 - March

1993 - April

1993 - May 1.45331993 - June 1.48211993 - July 1.47531993 - August 1.47531993 - September 1.53331993 - October 1.51451993 - November 1.50431993 - December 1.48481994 - January 1.43941994 - February 1.39691994 - March 1.4051

1994 - April 1.3975

1994 - May 1.38131994 - June 1.36381994 - July 1.36121994 - August 1.35051994 - September 1.34841994 - October 1.35501994 - November 1.32521994 - December 1.29161995 - January 1.30651995 - February 1.3436

Page 590: Economics of Photoelectricity - November 13 2012

1995 - March 1.36001995 - April 1.3598

1995 - May 1.3734

1995 - June 1.38871995 - July 1.37671995 - August 1.34921995 - September 1.32651995 - October 1.31991995 - November 1.34171995 - December 1.35001996 - January 1.34851996 - February 1.32361996 - March 1.29581996 - April 1.27121996 - May 1.2545

1996 - June 1.2633

1996 - July 1.26591996 - August 1.27731996 - September 1.26111996 - October 1.26311996 - November 1.25551996 - December 1.25411997 - January 1.28341997 - February 1.30371997 - March 1.26981997 - April 1.28461997 - May 1.29101997 - June 1.3269

1997 - July 1.3476

1997 - August 1.35041997 - September 1.38211997 - October 1.38711997 - November 1.44061997 - December 1.51111998 - January 1.52281998 - February 1.48441998 - March 1.49271998 - April 1.53161998 - May 1.58421998 - June 1.65811998 - July 1.6178

1998 - August 1.6970

1998 - September 1.69721998 - October 1.61861998 - November 1.57511998 - December 1.6167

1999 - January 1.5862

1999 - February 1.56351999 - March 1.58511999 - April 1.55851999 - May 1.51131999 - June 1.52141999 - July 1.52001999 - August 1.5514

1999 - September 1.5412

1999 - October 1.53671999 - November 1.56401999 - December 1.56272000 - January 1.5220

2000 - February 1.5907

2000 - March 1.63982000 - April 1.67522000 - May 1.72622000 - June 1.6858

Page 591: Economics of Photoelectricity - November 13 2012

2000 - July 1.69842000 - August 1.71982000 - September 1.8026

2000 - October 1.8860

2000 - November 1.91582000 - December 1.82662001 - January 1.79802001 - February 1.8689

2001 - March 1.9798

2001 - April 1.99072001 - May 1.91962001 - June 1.93062001 - July 1.96342001 - August 1.90662001 - September 1.96932001 - October 1.9807

2001 - November 1.9369

2001 - December 1.94452002 - January 1.93422002 - February 1.94992002 - March 1.9038

2002 - April 1.8658

2002 - May 1.82132002 - June 1.75992002 - July 1.80642002 - August 1.84702002 - September 1.82722002 - October 1.81822002 - November 1.7811

2002 - December 1.7771

2003 - January 1.71802003 - February 1.68482003 - March 1.66122003 - April 1.6409

2003 - May 1.5452

2003 - June 1.50602003 - July 1.50952003 - August 1.53352003 - September 1.51082003 - October 1.44452003 - November 1.39682003 - December 1.3538

2004 - January 1.3018

2004 - February 1.28912004 - March 1.33412004 - April 1.33812004 - May 1.4177

2004 - June 1.4388

2004 - July 1.39652004 - August 1.40582004 - September 1.42632004 - October 1.36272004 - November 1.29592004 - December 1.30362005 - January 1.3046

2005 - February 1.2795

2005 - March 1.27302005 - April 1.29292005 - May 1.30472005 - June 1.3052

2005 - July 1.3285

2005 - August 1.31272005 - September 1.3067

Page 592: Economics of Photoelectricity - November 13 2012

2005 - October 1.32542005 - November 1.35982005 - December 1.34752006 - January 1.33602006 - February 1.3477

2006 - March 1.3735

2006 - April 1.36312006 - May 1.30902006 - June 1.34912006 - July 1.3309

2006 - August 1.3108

2006 - September 1.32232006 - October 1.32852006 - November 1.29632006 - December 1.27282007 - January 1.27672007 - February 1.27912007 - March 1.2630

2007 - April 1.2109

2007 - May 1.21272007 - June 1.18862007 - July 1.15512007 - August 1.2039

2007 - September 1.1854

2007 - October 1.11312007 - November 1.11192007 - December 1.14582008 - January 1.13572008 - February 1.09952008 - March 1.08232008 - April 1.0758

2008 - May 1.0544

2008 - June 1.05052008 - July 1.03812008 - August 1.13052008 - September 1.2146

2008 - October 1.4535

2008 - November 1.52392008 - December 1.49642009 - January 1.47162009 - February 1.53832009 - March 1.50762009 - April 1.40012009 - May 1.3129

2009 - June 1.2459

2009 - July 1.24682009 - August 1.19752009 - September 1.16282009 - October 1.1059

2009 - November 1.0891

2009 - December 1.10922010 - January 1.09772010 - February 1.12832010 - March 1.09782010 - April 1.08022010 - May 1.14472010 - June 1.1724

2010 - July 1.1451

2010 - August 1.11012010 - September 1.07102010 - October 1.01912010 - November 1.0105

2010 - December 1.0089

Page 593: Economics of Photoelectricity - November 13 2012

2011 - January 1.00262011 - February 0.99172011 - March 0.98972011 - April 0.94642011 - May 0.93512011 - June 0.94332011 - July 0.9285

2011 - August 0.9525

2011 - September 0.97262011 - October 0.98962011 - November 0.98892011 - December 0.9874

2012 - January 0.9632

2012 - February 0.93302012 - March 0.94722012 - April 0.96582012 - May 1.00042012 - June 1.00412012 - July 0.97162012 - August 0.9539

2012 - September 0.9617

2012 - October

2012 - November

2012 - December

Page 594: Economics of Photoelectricity - November 13 2012

Euro Euro Hong Kong Hong Kong Hungary India Indonesia

USD/EUR EUR/USD HKD/USD USD/HKD USD/HUF USD/INR USD/IDR

Page 595: Economics of Photoelectricity - November 13 2012

0.8537 1.171

0.8624 1.160

0.8933 1.119

0.9195 1.088

0.9332 1.072

0.9415 1.062

0.9623 1.039

0.9664 1.035

0.9423 1.061

0.9533 1.049

0.9338 1.071

0.9679 1.033

0.9891 1.011

0.9876 1.013

1.0161 0.984

1.0352 0.966

1.0565 0.947

1.1008 0.908

1.0531 0.950

Page 596: Economics of Photoelectricity - November 13 2012

1.0633 0.940

1.1042 0.906

1.1466 0.872

1.1692 0.855

1.1707 0.854

1.1112 0.900

1.0644 0.940

1.0840 0.923

1.0987 0.910

1.1204 0.893

1.1407 0.877

1.1713 0.854

1.1620 0.861

1.1100 0.901

1.0962 0.912

1.1038 0.906

1.1252 0.889

1.1211 0.892

1.1308 0.884

1.1491 0.870

1.1419 0.876

1.1287 0.886

1.0908 0.917

1.0476 0.955

1.0073 0.993

1.0223 0.978

1.0205 0.980

1.0195 0.981

0.9980 1.002

0.9806 1.020

0.9419 1.062

0.9278 1.078

0.9273 1.078

0.9209 1.086

0.8656 1.155

0.8567 1.167

0.8785 1.138

0.8966 1.115

0.8891 1.125

0.8544 1.170

0.8539 1.171

0.8136 1.229

0.7939 1.260

0.7926 1.262

0.8153 1.227

0.8325 1.201

0.8334 1.200

0.8231 1.215

0.8147 1.227

0.8198 1.220

0.8193 1.221

0.7996 1.251

0.7691 1.300

0.7465 1.340

0.7610 1.314

0.7689 1.301

0.7574 1.320

0.7726 1.294

0.7877 1.270

0.8218 1.217

0.8304 1.204

0.8134 1.229

0.8149 1.227

Page 597: Economics of Photoelectricity - November 13 2012

0.8309 1.203

0.8481 1.179

0.8436 1.185

0.8272 1.209

0.8367 1.195

0.8319 1.202

0.8168 1.224

0.7835 1.276

0.7892 1.267

0.7871 1.270

0.7810 1.280

0.7850 1.274

0.7926 1.262

0.7776 1.286

0.7576 1.320

0.7693 1.300

0.7654 1.307

0.7554 1.324

0.7408 1.350

0.7395 1.352

0.7452 1.342

0.7296 1.371

0.7336 1.363

0.7203 1.388

0.7029 1.423

0.6818 1.467

0.6869 1.456

0.6802 1.470

0.6793 1.472

0.6459 1.548

0.6344 1.576

0.6427 1.556

0.6422 1.557

0.6337 1.578

0.6672 1.499

0.6948 1.439

0.7492 1.335

0.7869 1.271

0.7439 1.344

0.7492 1.335

0.7804 1.281

0.7678 1.302

0.7573 1.321

0.7337 1.363

0.7136 1.401

0.7107 1.407

0.7015 1.426

0.6874 1.455

0.6754 1.481

0.6713 1.490

0.6849 1.460

0.7003 1.428

0.7309 1.368

0.7364 1.358

0.7439 1.344

0.7928 1.261

0.8188 1.221

0.7840 1.275

0.7746 1.291

0.7677 1.303

0.7197 1.389

0.7304 1.369

0.7567 1.321

Page 598: Economics of Photoelectricity - November 13 2012

0.7490 1.335

0.7328 1.365

0.7142 1.400

0.6927 1.444

0.6974 1.434

0.6953 1.438

0.6990 1.431

0.6971 1.434

0.7246 1.380

0.7301 1.370

0.7360 1.359

0.7585 1.318

0.7756 1.289

0.7564 1.322

0.7568 1.321

0.7593 1.317

0.7790 1.284

0.7978 1.254

0.8125 1.231

0.8075 1.2380.7781 1.285

Page 599: Economics of Photoelectricity - November 13 2012

Israel Japan Japan Kazakhstan Mexico New Zealand Norway

USD/ILS JPY/USD USD/JPY USD/KZT USD/MXN USD/NZD USD/NOK

Page 600: Economics of Photoelectricity - November 13 2012

Poland Romania Russia Singapore Slovakia South Africa South Korea

USD/PLN USD/RON USD/RUB USD/SGD USD/SKK USD/ZAR KRW/USD

Page 601: Economics of Photoelectricity - November 13 2012

South Korea Sweden Switzerland Taiwan Thailand Turkey U.K.

USD/KRW USD/SEK USD/CHF USD/TWD USD/THB USD/TRY USD/GBP

1.6484

1.6951

1.6260

1.6376

1.6769

1.7064

1.8025

1.8986

1.8805

1.9475

1.9635

1.9245

1.9333

1.9670

1.8249

1.7462

1.7232

1.6486

1.6501

1.6826

1.7229

1.7223

1.7762

1.8281

1.8144

1.7774

1.7233

1.7556

1.8088

1.8542

1.9195

1.9404

1.8434

1.6589

1.5280

1.5497

1.5274

1.4378

1.4612

1.5433

1.5516

1.5098

1.4955

1.4916

1.5248

1.5030

1.4810

1.4916

1.4917

1.4784

1.4923

1.4817

1.5037

1.5243

1.5447

1.5428

1.5630

1.6047

1.5881

1.5582

1.5733

1.5722

Page 602: Economics of Photoelectricity - November 13 2012

1.5996

1.6096

1.5880

1.5959

1.5952

1.5681

1.5585

1.5782

1.5630

1.5400

1.5301

1.5364

1.5275

1.5165

1.5138

1.5422

1.5533

1.5503

1.5592

1.5847

1.6620

1.6658

1.6632

1.6233

1.6098

1.6296

1.6324

1.6446

1.6733

1.6056

1.6014

1.6294

1.6877

1.6621

1.6370

1.6397

1.6614

1.6716

1.6382

1.6496

1.6442

1.6352

1.6801

1.6947

1.6612

1.6715

1.6495

1.6255

1.6210

1.6099

1.6138

1.5975

1.5738

1.6061

1.6228

1.6544

1.6209

1.6130

1.6375

1.6010

1.5810

1.5817

1.5098

1.5099

Page 603: Economics of Photoelectricity - November 13 2012

1.5098

1.4911

1.4340

1.4534

1.4261

1.4638

1.4785

1.4538

1.4454

1.4355

1.4281

1.4033

1.4155

1.4365

1.4639

1.4520

1.4372

1.4407

1.4350

1.4233

1.4232

1.4427

1.4607

1.4824

1.5557

1.5384

1.5552

1.5571

1.5734

1.5867

1.6163

1.6128

1.5818

1.5743

1.6205

1.6594

1.6262

1.5947

1.6127

1.6767

1.6912

1.7513

1.8189

1.8632

1.8272

1.8075

1.7873

1.8298

1.8440

1.8210

1.7924

1.8079

1.8599

1.9299

1.8816

1.8869

1.9058

1.8954

1.8564

1.8193

1.7527

1.7938

1.8110

Page 604: Economics of Photoelectricity - November 13 2012

1.7654

1.7352

1.7456

1.7623

1.7493

1.7446

1.7635

1.8670

1.8462

1.8456

1.8911

1.8873

1.8746

1.9090

1.9625

1.9579

1.9579

1.9470

1.9856

1.9845

1.9847

2.0315

2.0119

2.0188

2.0433

2.0726

2.0190

1.9693

1.9628

2.0006

1.9828

1.9658

1.9675

1.9896

1.8931

1.8023

1.6973

1.5351

1.4881

1.4479

1.4441

1.4200

1.4695

1.5381

1.6350

1.6357

1.6549

1.6326

1.6158

1.6587

1.6234

1.6152

1.5623

1.5057

1.5324

1.4697

1.4726

1.5264

1.5665

1.5553

1.5860

1.5984

1.5607

Page 605: Economics of Photoelectricity - November 13 2012

1.5755

1.6117

1.6163

1.6348

1.6357

1.6229

1.6144

1.6370

1.5822

1.5752

1.5827

1.5599

1.5504

1.5799

1.5823

1.5999

1.5950

1.5542

1.5600

1.5706

1.6080

Page 606: Economics of Photoelectricity - November 13 2012

U.K.

GBP/USD Source

0.6066

0.5899

0.6150

0.6107

0.5964

0.5860

0.5548

0.5267

0.5318

0.5135

0.5093

0.5196

0.5172

0.5084

0.5480

0.5727

0.5803

0.6066

0.6060

0.5943

0.5804

0.5806

0.5630

0.5470

0.5512

0.5626

0.5803

0.5696

0.5529

0.5393

0.5210

0.5154

0.5425

0.6028

0.6545

0.6453

0.6547

0.6955

0.6844

0.6480

0.6445

0.6623

0.6687

0.6704

0.6558

0.6653

0.6752

0.6704

0.6704

0.6764

0.6701

0.6749

0.6650

0.6560

0.6474

0.6482

0.6398

0.6232

0.6297

0.6418

0.6356

0.6360

Page 607: Economics of Photoelectricity - November 13 2012

0.6252

0.6213

0.6297

0.6266

0.6269

0.6377

0.6416

0.6336

0.6398

0.6494

0.6536

0.6509

0.6547

0.6594

0.6606

0.6484

0.6438

0.6450

0.6413

0.6310

0.6017

0.6003

0.6012

0.6160

0.6212

0.6136

0.6126

0.6080

0.5976

0.6228

0.6245

0.6137

0.5925

0.6017

0.6109

0.6099

0.6019

0.5982

0.6104

0.6062

0.6082

0.6116

0.5952

0.5901

0.6020

0.5983

0.6062

0.6152

0.6169

0.6212

0.6196

0.6260

0.6354

0.6226

0.6162

0.6045

0.6169

0.6200

0.6107

0.6246

0.6325

0.6322

0.6623

0.6623

Page 608: Economics of Photoelectricity - November 13 2012

0.6624

0.6707

0.6973

0.6881

0.7012

0.6831

0.6764

0.6879

0.6918

0.6966

0.7003

0.7126

0.7065

0.6961

0.6831

0.6887

0.6958

0.6941

0.6969

0.7026

0.7026

0.6931

0.6846

0.6746

0.6428

0.6500

0.6430

0.6422

0.6356

0.6302

0.6187

0.6200

0.6322

0.6352

0.6171

0.6026

0.6149

0.6271

0.6201

0.5964

0.5913

0.5710

0.5498

0.5367

0.5473

0.5533

0.5595

0.5465

0.5423

0.5492

0.5579

0.5531

0.5377

0.5182

0.5315

0.5300

0.5247

0.5276

0.5387

0.5497

0.5705

0.5575

0.5522

Page 609: Economics of Photoelectricity - November 13 2012

0.5664

0.5763

0.5729

0.5675

0.5717

0.5732

0.5671

0.5356

0.5416

0.5418

0.5288

0.5299

0.5335

0.5238

0.5096

0.5108

0.5108

0.5136

0.5036

0.5039

0.5039

0.4922

0.4970

0.4954

0.4894

0.4825

0.4953

0.5078

0.5095

0.4999

0.5043

0.5087

0.5083

0.5026

0.5282

0.5548

0.5892

0.6514

0.6720

0.6907

0.6925

0.7042

0.6805

0.6501

0.6116

0.6114

0.6043

0.6125

0.6189

0.6029

0.6160

0.6191

0.6401

0.6641

0.6526

0.6804

0.6791

0.6552

0.6384

0.6430

0.6305

0.6256

0.6407

Page 610: Economics of Photoelectricity - November 13 2012

0.6347

0.6204

0.6187

0.6117

0.6114

0.6162

0.6194

0.6109

0.6321

0.6349

0.6318

0.6411

0.6450

0.6330

0.6320

0.6250

0.6270

0.6434

0.6410

0.6367

0.6219

Page 611: Economics of Photoelectricity - November 13 2012

Australia Canada China China Czech Denmark

USD/AUD USD/CAD CNY/USD USD/CNY USD/CZK USD/DKK

1990 - Q1

1990 - Q2

1990 - Q3

1990 - Q4

1991 - Q1

1991 - Q2

1991 - Q3

1991 - Q4

1992 - Q1

1992 - Q2

1992 - Q3

1992 - Q4

1993 - Q1

1993 - Q2

1993 - Q3

1993 - Q4

1994 - Q1

1994 - Q2

1994 - Q3

1994 - Q4

1995 - Q1

1995 - Q2

1995 - Q3

1995 - Q4

1996 - Q1

1996 - Q2

1996 - Q3

1996 - Q4

1997 - Q1

1997 - Q2

1997 - Q3

1997 - Q4

1998 - Q1

1998 - Q2

1998 - Q3

1998 - Q4

1999 - Q1

1999 - Q2

1999 - Q3

1999 - Q4

2000 - Q1

2000 - Q2

2000 - Q3

2000 - Q4

2001 - Q1

2001 - Q2

2001 - Q3

2001 - Q4

2002 - Q1

2002 - Q2

2002 - Q3

2002 - Q4

2003 - Q1

2003 - Q2

2003 - Q3

2003 - Q4

2004 - Q1

2004 - Q2

2004 - Q3

2004 - Q4

2005 - Q1

2005 - Q2

Page 612: Economics of Photoelectricity - November 13 2012

2005 - Q3

2005 - Q4

2006 - Q1

2006 - Q2

2006 - Q3

2006 - Q4

2007 - Q1

2007 - Q2

2007 - Q3

2007 - Q4

2008 - Q1

2008 - Q2

2008 - Q3

2008 - Q4

2009 - Q1

2009 - Q2

2009 - Q3

2009 - Q4

2010 - Q1

2010 - Q2

2010 - Q3

2010 - Q4

2011 - Q1

2011 - Q2

2011 - Q3

2011 - Q4

2012 - Q1

2012 - Q2

2012 - Q3

2012 - Q4

Page 613: Economics of Photoelectricity - November 13 2012

Euro Euro Hong Kong Hong Kong Hungary India Indonesia

EUR/USD USD/EUR HKD/USD USD/HKD USD/HUF USD/INR USD/IDR

0.8917 1.1215

0.9456 1.0575

0.9540 1.0482

0.9635 1.0379

1.0129 0.9872

1.0705 0.9342

1.1042 0.9056

1.1502 0.8695

1.0823 0.9240

1.1441 0.8741

1.1230 0.8905

1.1166 0.8956

1.1403 0.8770

1.0890 0.9182

1.0167 0.9836

0.9994 1.0006

0.9325 1.0724

0.8809 1.1352

0.8880 1.1261

0.8405 1.1898

0.8007 1.2488

0.8297 1.2052

0.8179 1.2226

0.7717 1.2958

0.7622 1.3119

0.7940 1.2595

Page 614: Economics of Photoelectricity - November 13 2012

0.8196 1.2201

0.8408 1.1893

0.8318 1.2023

0.7964 1.2557

0.7844 1.2749

0.7759 1.2888

0.7633 1.3101

0.7418 1.3481

0.7279 1.3737

0.6906 1.4480

0.6682 1.4965

0.6398 1.5630

0.6649 1.5040

0.7597 1.3163

0.7653 1.3067

0.7349 1.3608

0.7000 1.4286

0.6773 1.4765

0.7223 1.3846

0.7852 1.2735

0.7755 1.2894

0.7357 1.3593

0.7320 1.3662

0.6952 1.4385

0.7067 1.4150

0.7416 1.3484

0.7631 1.3105

0.7787 1.2842

0.8048 1.2426

Page 615: Economics of Photoelectricity - November 13 2012

Israel Japan Japan Kazakhstan Mexico New Zealand Norway

USD/ILS JPY/USD USD/JPY USD/KZT USD/MXN USD/NZD USD/NOK

Page 616: Economics of Photoelectricity - November 13 2012

Poland Romania Russia Singapore Slovakia South Africa South Korea

USD/PLN USD/RON USD/RUB USD/SGD USD/SKK USD/ZAR KRW/USD

Page 617: Economics of Photoelectricity - November 13 2012

South Korea Sweden Switzerland Taiwan Thailand Turkey U.K.

USD/KRW USD/SEK USD/CHF USD/TWD USD/THB USD/TRY USD/GBP

Page 618: Economics of Photoelectricity - November 13 2012

Source = OANDA

Page 619: Economics of Photoelectricity - November 13 2012

Australia Canada China China Czech Denmark

USD/AUD USD/CAD CNY/USD USD/CNY USD/CZK USD/DKK

1990 0.8570 0.1620

1991 0.8725 0.1568

1992 0.8281 0.1660

1993 0.6690 0.7755 5.7934 0.1726 0.1544

1994 0.7314 0.7321 8.5651 0.1168 0.1576

1995 0.7409 0.7288 8.3505 0.1198 0.0379 0.1786

1996 0.7828 0.7333 8.3142 0.1203 0.0369 0.1725

1997 0.7433 0.7223 8.2898 0.1206 0.0317 0.1516

1998 0.6292 0.6748 8.2789 0.1208 0.0311 0.1494

1999 0.6450 0.6731 8.2761 0.1208 0.0289 0.1434

2000 0.5822 0.6735 8.2784 0.1208 0.0259 0.1240

2001 0.5177 0.6458 8.2743 0.1209 0.0263 0.1202

2002 0.5437 0.6370 8.2669 0.1210 0.0306 0.1272

2003 0.6520 0.7159 8.2672 0.1210 0.0355 0.1523

2004 0.7367 0.7697 8.2664 0.1210 0.0390 0.1671

2005 0.7623 0.8258 8.1838 0.1222 0.0417 0.1671

2006 0.7531 0.8816 7.9646 0.1256 0.0443 0.1684

2007 0.8385 0.9352 7.5972 0.1316 0.0494 0.1839

2008 0.8524 0.9435 6.9404 0.1441 0.0589 0.1973

2009 0.7919 0.8798 6.8212 0.1466 0.0527 0.1872

2010 0.9195 0.9705 6.7605 0.1479 0.0524 0.1782

2011 1.0329 1.0115 6.4544 0.1549 0.0566 0.1869

2012 1.0410 0.0505 0.1734

Page 620: Economics of Photoelectricity - November 13 2012

Euro Hong Kong Hong Kong Hungary India Indonesia Israel

USD/EUR HKD/USD USD/HKD USD/HUF USD/INR USD/IDR USD/ILS

7.7890 0.1284

7.7704 0.1287

7.7396 0.1292

7.7350 0.1293 0.0319 0.0005 0.3361

7.7282 0.1294 0.0319 0.0005 0.3293

7.7352 0.1293 0.0075 0.0309 0.0005 0.3317

7.7339 0.1293 0.0067 0.0282 0.0004 0.3135

7.7420 0.1292 0.0054 0.0275 0.0004 0.2898

1.1472 7.7457 0.1291 0.0047 0.0243 0.0001 0.2637

1.0432 7.7586 0.1289 0.0042 0.0232 0.0001 0.2413

0.9133 7.7918 0.1283 0.0036 0.0223 0.0001 0.2448

0.8874 7.7993 0.1282 0.0035 0.0212 0.0001 0.2376

0.9765 7.7979 0.1282 0.0039 0.0205 0.0001 0.2112

1.1628 7.7852 0.1284 0.0045 0.0214 0.0001 0.2200

1.2510 7.7876 0.1284 0.0049 0.0221 0.0001 0.2227

1.2280 7.7766 0.1286 0.0050 0.0227 0.0001 0.2225

1.2721 7.7678 0.1287 0.0048 0.0221 0.0001 0.2242

1.3977 7.8013 0.1282 0.0054 0.0242 0.0001 0.2433

1.4449 7.7861 0.1284 0.0059 0.0230 0.0001 0.2792

1.4088 7.7511 0.1290 0.0050 0.0205 0.0001 0.2548

1.3193 7.7682 0.1287 0.0048 0.0218 0.0001 0.2677

1.3851 7.7839 0.1285 0.0050 0.0212 0.0001 0.2796

7.7567 0.1289 0.0042 0.0191 0.0001 0.2621

Page 621: Economics of Photoelectricity - November 13 2012

Japan Japan Kazakhstan Mexico New Zealand Norway Poland

JPY/USD USD/JPY USD/KZT USD/MXN USD/NZD USD/NOK USD/PLN

144.7219 0.0069 0.0004 0.5964 0.1601

134.4833 0.0074 0.0003 0.5782 0.1546

126.6053 0.0079 0.0003 0.5379 0.1613

111.0999 0.0090 0.3184 0.5406 0.1410

102.1716 0.0098 0.2976 0.5936 0.1419

94.0032 0.0106 0.0157 0.1613 0.6561 0.1579 0.4026

108.7518 0.0092 0.0148 0.1316 0.6875 0.1549 0.3713

120.9686 0.0083 0.0132 0.1262 0.6621 0.1416 0.3059

130.8070 0.0076 0.0127 0.1099 0.5365 0.1325 0.2863

113.7444 0.0088 0.0087 0.1047 0.5288 0.1282 0.2525

107.7829 0.0093 0.0070 0.1057 0.4573 0.1139 0.2302

121.4830 0.0082 0.0068 0.1071 0.4206 0.1113 0.2441

125.1802 0.0080 0.0066 0.1035 0.4644 0.1261 0.2452

115.9234 0.0086 0.0066 0.0926 0.5820 0.1414 0.2573

108.1339 0.0092 0.0071 0.0885 0.6639 0.1486 0.2753

110.0862 0.0091 0.0075 0.0917 0.7043 0.1553 0.3093

116.2935 0.0086 0.0077 0.0917 0.6493 0.1561 0.3222

117.7709 0.0085 0.0080 0.0915 0.7359 0.1710 0.3625

103.4189 0.0097 0.0082 0.0905 0.7140 0.1796 0.4204

93.5756 0.0107 0.0067 0.0741 0.6350 0.1597 0.3227

87.7848 0.0114 0.0067 0.0791 0.7213 0.1656 0.3320

79.7030 0.0125 0.0067 0.0807 0.7918 0.1784 0.3389

80.0000 0.0125 0.0066 0.0743 0.7976 0.1677 0.2939

Page 622: Economics of Photoelectricity - November 13 2012

Romania Russia Singapore Slovakia South Africa South Korea South Korea

USD/RON USD/RUB USD/SGD USD/SKK USD/ZAR KRW/USD USD/KRW

0.5633 0.3864

0.5789 0.3625

0.6137 0.3508

0.6189 0.3063 808.9779 0.0012

0.6552 0.2818 800.5138 0.0012

3.9685 0.0002 0.7055 0.0339 0.2756 770.1000 0.0013

3.2225 0.0002 0.7091 0.0326 0.2340 816.6936 0.0012

1.4166 0.0002 0.6746 0.0297 0.2171 1082.1030 0.0009

1.1297 0.1256 0.5982 0.0283 0.1820 1320.9151 0.0008

0.6614 0.0401 0.5900 0.0242 0.1635 1180.1907 0.0008

0.4671 0.0355 0.5800 0.0217 0.1447 1151.4647 0.0009

0.3424 0.0343 0.5582 0.0207 0.1177 1295.1655 0.0008

0.2933 0.0319 0.5586 0.0221 0.0955 1222.4206 0.0008

0.2934 0.0326 0.5739 0.0273 0.1330 1186.0074 0.0008

0.2997 0.0347 0.5916 0.0310 0.1553 1118.3285 0.0009

0.3411 0.0354 0.6009 0.0322 0.1570 1010.5840 0.0010

0.3554 0.0368 0.6294 0.0337 0.1483 933.9117 0.0011

0.4093 0.0391 0.6638 0.0405 0.1416 925.9235 0.0011

0.3986 0.0404 0.7073 0.0469 0.1226 1169.0041 0.0009

0.3280 0.0316 0.6883 0.0460 0.1199 1233.6959 0.0008

0.3145 0.0329 0.7340 0.0477 0.1364 1148.6202 0.0009

0.3285 0.0340 0.7958 0.0477 0.1383 1108.5096 0.0009

0.2969 0.0316 0.7804 0.0477 0.1243 1118.0739 0.0009

Page 623: Economics of Photoelectricity - November 13 2012

Sweden Switzerland Taiwan Thailand Turkey UAE U.K.

USD/SEK USD/CHF USD/TWD USD/THB USD/TRY USD/AED USD/GBP

0.1692 0.7232 1.7844

0.1657 0.6995 1.7677

0.1725 0.7136 1.7652

0.1286 0.6769 0.0373 0.0394 71.7500 0.2723 1.5017

0.1297 0.7332 0.0378 0.0398 35.4283 0.2723 1.5312

0.1403 0.8474 0.0378 0.0401 21.9592 0.2723 1.5782

0.1491 0.8096 0.0364 0.0394 12.5553 0.2723 1.5615

0.1311 0.6899 0.0349 0.0334 6.7611 0.2723 1.6383

0.1258 0.6910 0.0299 0.0245 3.8567 0.2723 1.6568

0.1210 0.6661 0.0310 0.0264 2.4264 0.2723 1.6170

0.1094 0.5930 0.0320 0.0250 1.6092 0.2723 1.5162

0.0969 0.5933 0.0295 0.0225 0.8739 0.2723 1.4406

0.1032 0.6447 0.0289 0.0232 0.6536 0.2723 1.5032

0.1240 0.7440 0.0290 0.0241 0.6574 0.2723 1.6349

0.1363 0.8057 0.0299 0.0248 0.6919 0.2723 1.8323

0.1342 0.8041 0.0311 0.0248 0.7400 0.2723 1.8203

0.1357 0.7982 0.0307 0.0264 0.6955 0.2723 1.8424

0.1481 0.8339 0.0304 0.0308 0.7658 0.2723 2.0013

0.1534 0.9260 0.0317 0.0301 0.7744 0.2723 1.8546

0.1315 0.9232 0.0303 0.0290 0.6439 0.2723 1.5654

0.1390 0.9610 0.0317 0.0313 0.6636 0.2723 1.5458

0.1542 1.1316 0.0339 0.0326 0.5982 0.2723 1.6039

0.1456 0.9669 0.0329 0.0315 0.5414 0.2723

Page 624: Economics of Photoelectricity - November 13 2012

Source

W104

W104

W104

W104

W104

W104

W104

W104

W104

W104

W104

W104

W104

W104

W104

W104

W104

W104

W104

W104

W104

W104

W104

Page 625: Economics of Photoelectricity - November 13 2012

Year CPI Source

1774 8.2 S2921, N190

1775 7.7 S2921, N190 STARTING AMOUNT 286

1776 8.6 S2921, N190 STARTING YEAR 1955

1777 10.7 S2921, N190 ENDING YEAR 2005

1778 13.8 S2921, N190 ENDING AMOUNT 2082.00

1779 12.2 S2921, N190

1780 13.6 S2921, N190

1781 11.1 S2921, N190

1782 12.1 S2921, N190

1783 10.7 S2921, N190

1784 10.2 S2921, N190

1785 9.7 S2921, N190

1786 9.6 S2921, N190

1787 9.3 S2921, N190

1788 8.9 S2921, N190

1789 8.8 S2921, N190

1790 9.3 S2921, N190

1791 9.4 S2921, N190

1792 9.6 S2921, N190

1793 9.9 S2921, N190

1794 11.0 S2921, N190

1795 12.6 S2921, N190

1796 13.2 S2921, N190

1797 12.7 S2921, N190

1798 12.2 S2921, N190

1799 12.2 S2921, N190

1800 12.6 S2921, N190

1801 12.7 S2921, N190

1802 10.7 S2921, N190

1803 11.3 S2921, N190

1804 11.8 S2921, N190

1805 11.8 S2921, N190

1806 12.2 S2921, N190

1807 11.6 S2921, N190

1808 12.6 S2921, N190

1809 12.2 S2921, N190

1810 12.2 S2921, N190

1811 13.0 S2921, N190

1812 13.3 S2921, N190

1813 16.0 S2921, N190

1814 17.6 S2921, N190

1815 15.4 S2921, N190

1816 14.1 S2921, N190

1817 13.3 S2921, N190

1818 12.7 S2921, N190

1819 12.7 S2921, N190

1820 11.8 S2921, N190

1821 11.3 S2921, N190

1822 11.8 S2921, N190

1823 10.5 S2921, N190

1824 9.7 S2921, N190

1825 9.9 S2921, N190

1826 9.9 S2921, N190

1827 10.0 S2921, N190

1828 9.6 S2921, N190

1829 9.3 S2921, N190

1830 9.3 S2921, N190

1831 8.6 S2921, N190

1832 8.6 S2921, N190

1833 8.5 S2921, N190

1834 8.6 S2921, N190

1835 8.8 S2921, N190

1836 9.3 S2921, N190

1837 9.6 S2921, N190

Page 626: Economics of Photoelectricity - November 13 2012

1838 9.3 S2921, N190

1839 9.3 S2921, N190

1840 8.6 S2921, N190

1841 8.6 S2921, N190

1842 8.2 S2921, N190

1843 7.4 S2921, N190

1844 7.5 S2921, N190

1845 7.5 S2921, N190

1846 7.7 S2921, N190

1847 8.2 S2921, N190

1848 7.8 S2921, N190

1849 7.7 S2921, N190

1850 7.8 S2921, N190

1851 7.7 S2921, N190

1852 7.7 S2921, N190

1853 7.7 S2921, N190

1854 8.5 S2921, N190

1855 8.6 S2921, N190

1856 8.5 S2921, N190

1857 8.6 S2921, N190

1858 8.2 S2921, N190

1859 8.3 S2921, N190

1860 8.3 S2921, N190

1861 8.8 S2921, N190

1862 10.0 S2921, N190

1863 12.6 S2921, N190

1864 15.7 S2921, N190

1865 16.3 S2921, N190

1866 15.8 S2921, N190

1867 14.7 S2921, N190

1868 14.3 S2921, N190

1869 13.6 S2921, N190

1870 13.0 S2921, N190

1871 12.2 S2921, N190

1872 12.2 S2921, N190

1873 11.9 S2921, N190

1874 11.5 S2921, N190

1875 11.0 S2921, N190

1876 10.7 S2921, N190

1877 10.5 S2921, N190

1878 10.0 S2921, N190

1879 10.0 S2921, N190

1880 10.2 S2921, N190

1881 10.2 S2921, N190

1882 10.2 S2921, N190

1883 10.0 S2921, N190

1884 9.7 S2921, N190

1885 9.7 S2921, N190

1886 9.4 S2921, N190

1887 9.6 S2921, N190

1888 9.6 S2921, N190

1889 9.3 S2921, N190

1890 9.1 S2921, N190

1891 9.1 S2921, N190

1892 9.1 S2921, N190

1893 8.9 S2921, N190

1894 8.6 S2921, N190

1895 8.5 S2921, N190

1896 8.5 S2921, N190

1897 8.3 S2921, N190

1898 8.3 S2921, N190

1899 8.3 S2921, N190

1900 8.5 S2921, N190

1901 8.5 S2921, N190

1902 8.6 S2921, N190

Page 627: Economics of Photoelectricity - November 13 2012

1903 8.8 S2921, N190

1904 8.9 S2921, N190

1905 8.8 S2921, N190

1906 8.9 S2921, N190

1907 9.4 S2921, N190

1908 9.3 S2921, N190

1909 9.1 S2921, N190

1910 9.6 S2921, N190

1911 9.6 S2921, N190

1912 9.7 S2921, N190

1913 9.9 S2921, N190

1914 10.0 S2921, N190

1915 10.0 S2921, N190

1916 10.8 S2921, N190

1917 12.9 S2921, N190

1918 15.1 S2921, N190

1919 17.3 S2921, N190

1920 19.9 S2921, N190

1921 17.9 S2921, N190

1922 16.8 S2921, N190

1923 17.1 S2921, N190

1924 17.1 S2921, N190

1925 17.6 S2921, N190

1926 17.7 S2921, N190

1927 17.4 S2921, N190

1928 17.1 S2921, N190

1929 17.1 S2921, N190

1930 16.6 S2921, N190

1931 15.2 S2921, N190

1932 13.6 S2921, N190

1933 13.0 S2921, N190

1934 13.3 S2921, N190

1935 13.6 S2921, N190

1936 14.0 S2921, N190

1937 14.4 S2921, N190

1938 14.1 S2921, N190

1939 14.0 S2921, N190

1940 14.0 S2921, N190

1941 14.7 S2921, N190

1942 16.3 S2921, N190

1943 17.3 S2921, N190

1944 17.6 S2921, N190

1945 18.0 S2921, N190

1946 19.5 S2921, N190

1947 22.3 S2921, N190

1948 24.2 S2921, N190

1949 23.8 S2921, N190

1950 24.2 S2921, N190

1951 26.0 S2921, N190

1952 26.5 S2921, N190

1953 26.7 S2921, N190

1954 26.8 S2921, N190

1955 26.8 S2921, N190

1956 27.1 S2921, N190

1957 28.1 S2921, N190

1958 28.9 S2921, N190

1959 29.0 S2921, N190

1960 29.7 S2921, N190

1961 30.0 S2921, N190

1962 30.1 S2921, N190

1963 30.6 S2921, N190

1964 31.1 S2921, N190

1965 31.5 S2921, N190

1966 32.5 S2921, N190

1967 33.4 S2921, N190

Page 628: Economics of Photoelectricity - November 13 2012

1968 34.8 S2921, N190

1969 36.7 S2921, N190

1970 38.8 S2921, N190

1971 40.5 S2921, N190

1972 41.7 S2921, N190

1973 44.4 S2921, N190

1974 49.3 S2921, N190

1975 53.8 S2921, N190

1976 57.0 S2921, N190

1977 60.6 S2921, N190

1978 65.3 S2921, N190

1979 72.6 S2921, N190

1980 82.4 S2921, N190

1981 90.8 S2921, N190

1982 96.5 S2921, N190

1983 99.6 S2921, N190

1984 103.9 S2921, N190

1985 107.6 W122, N176

1986 109.6 W122, N176

1987 113.6 W122, N176

1988 118.3 W122, N176

1989 124.0 W122, N176

1990 130.7 W122, N176

1991 136.2 W122, N176

1992 140.3 W122, N176

1993 144.5 W122, N176

1994 148.2 W122, N176

1995 152.4 W122, N176

1996 156.9 W122, N176

1997 160.5 W122, N176

1998 163.0 W122, N176

1999 166.6 W122, N176

2000 172.2 W122, N176

2001 177.1 W122, N176

2002 179.9 W122, N176

2003 184.0 W122, N176

2004 188.9 W122, N176

2005 195.3 W122, N176

2006 201.6 W122, N176

2007 207.3 W122, N176

2008 215.3 W122, N176

2009 214.5 W122, N176

2010 218.1 W122, N176

2011 224.9 W122, N176

2012 228.9 W122, N176

Page 629: Economics of Photoelectricity - November 13 2012

Brent Dubai

($/bbl) Source ($/bbl) Source ($/bbl) Source ($/bbl) Source

Jan-1960 1.63 S2930 1.63 S2968

Feb-1960 1.63 S2930 1.63 S2968

Mar-1960 1.63 S2930 1.63 S2968

Apr-1960 1.63 S2930 1.63 S2968

May-1960 1.63 S2930 1.63 S2968

Jun-1960 1.63 S2930 1.63 S2968

Jul-1960 1.63 S2930 1.63 S2968

Aug-1960 1.63 S2930 1.63 S2968

Sep-1960 1.63 S2930 1.63 S2968

Oct-1960 1.63 S2930 1.63 S2968

Nov-1960 1.63 S2930 1.63 S2968

Dec-1960 1.63 S2930 1.63 S2968

Jan-1961 1.57 S2930 1.57 S2968

Feb-1961 1.57 S2930 1.57 S2968

Mar-1961 1.57 S2930 1.57 S2968

Apr-1961 1.57 S2930 1.57 S2968

May-1961 1.57 S2930 1.57 S2968

Jun-1961 1.57 S2930 1.57 S2968

Jul-1961 1.57 S2930 1.57 S2968

Aug-1961 1.57 S2930 1.57 S2968

Sep-1961 1.57 S2930 1.57 S2968

Oct-1961 1.57 S2930 1.57 S2968

Nov-1961 1.57 S2930 1.57 S2968

Dec-1961 1.57 S2930 1.57 S2968

Jan-1962 1.52 S2930 1.52 S2968

Feb-1962 1.52 S2930 1.52 S2968

Mar-1962 1.52 S2930 1.52 S2968

Apr-1962 1.52 S2930 1.52 S2968

May-1962 1.52 S2930 1.52 S2968

Jun-1962 1.52 S2930 1.52 S2968

Jul-1962 1.52 S2930 1.52 S2968

Aug-1962 1.52 S2930 1.52 S2968

Sep-1962 1.52 S2930 1.52 S2968

Oct-1962 1.52 S2930 1.52 S2968

Nov-1962 1.52 S2930 1.52 S2968

Dec-1962 1.52 S2930 1.52 S2968

Jan-1963 1.50 S2930 1.50 S2968

Feb-1963 1.50 S2930 1.50 S2968

Mar-1963 1.50 S2930 1.50 S2968

Apr-1963 1.50 S2930 1.50 S2968

May-1963 1.50 S2930 1.50 S2968

Jun-1963 1.50 S2930 1.50 S2968

Jul-1963 1.50 S2930 1.50 S2968

Aug-1963 1.50 S2930 1.50 S2968

Sep-1963 1.50 S2930 1.50 S2968

Oct-1963 1.50 S2930 1.50 S2968

Nov-1963 1.50 S2930 1.50 S2968

Dec-1963 1.50 S2930 1.50 S2968

Jan-1964 1.45 S2930 1.45 S2968

Feb-1964 1.45 S2930 1.45 S2968

Mar-1964 1.45 S2930 1.45 S2968

Apr-1964 1.45 S2930 1.45 S2968

May-1964 1.45 S2930 1.45 S2968

Jun-1964 1.45 S2930 1.45 S2968

Jul-1964 1.45 S2930 1.45 S2968

Aug-1964 1.45 S2930 1.45 S2968

Sep-1964 1.45 S2930 1.45 S2968

Oct-1964 1.45 S2930 1.45 S2968

Nov-1964 1.45 S2930 1.45 S2968

Dec-1964 1.45 S2930 1.45 S2968

Petroleum, crude

Petroleum, crude*

Page 630: Economics of Photoelectricity - November 13 2012

Jan-1965 1.42 S2930 1.42 S2968

Feb-1965 1.42 S2930 1.42 S2968

Mar-1965 1.42 S2930 1.42 S2968

Apr-1965 1.42 S2930 1.42 S2968

May-1965 1.42 S2930 1.42 S2968

Jun-1965 1.42 S2930 1.42 S2968

Jul-1965 1.42 S2930 1.42 S2968

Aug-1965 1.42 S2930 1.42 S2968

Sep-1965 1.42 S2930 1.42 S2968

Oct-1965 1.42 S2930 1.42 S2968

Nov-1965 1.42 S2930 1.42 S2968

Dec-1965 1.42 S2930 1.42 S2968

Jan-1966 1.36 S2930 1.36 S2968

Feb-1966 1.36 S2930 1.36 S2968

Mar-1966 1.36 S2930 1.36 S2968

Apr-1966 1.36 S2930 1.36 S2968

May-1966 1.36 S2930 1.36 S2968

Jun-1966 1.36 S2930 1.36 S2968

Jul-1966 1.36 S2930 1.36 S2968

Aug-1966 1.36 S2930 1.36 S2968

Sep-1966 1.36 S2930 1.36 S2968

Oct-1966 1.36 S2930 1.36 S2968

Nov-1966 1.36 S2930 1.36 S2968

Dec-1966 1.36 S2930 1.36 S2968

Jan-1967 1.33 S2930 1.33 S2968

Feb-1967 1.33 S2930 1.33 S2968

Mar-1967 1.33 S2930 1.33 S2968

Apr-1967 1.33 S2930 1.33 S2968

May-1967 1.33 S2930 1.33 S2968

Jun-1967 1.33 S2930 1.33 S2968

Jul-1967 1.33 S2930 1.33 S2968

Aug-1967 1.33 S2930 1.33 S2968

Sep-1967 1.33 S2930 1.33 S2968

Oct-1967 1.33 S2930 1.33 S2968

Nov-1967 1.33 S2930 1.33 S2968

Dec-1967 1.33 S2930 1.33 S2968

Jan-1968 1.32 S2930 1.32 S2968

Feb-1968 1.32 S2930 1.32 S2968

Mar-1968 1.32 S2930 1.32 S2968

Apr-1968 1.32 S2930 1.32 S2968

May-1968 1.32 S2930 1.32 S2968

Jun-1968 1.32 S2930 1.32 S2968

Jul-1968 1.32 S2930 1.32 S2968

Aug-1968 1.32 S2930 1.32 S2968

Sep-1968 1.32 S2930 1.32 S2968

Oct-1968 1.32 S2930 1.32 S2968

Nov-1968 1.32 S2930 1.32 S2968

Dec-1968 1.32 S2930 1.32 S2968

Jan-1969 1.27 S2930 1.27 S2968

Feb-1969 1.27 S2930 1.27 S2968

Mar-1969 1.27 S2930 1.27 S2968

Apr-1969 1.27 S2930 1.27 S2968

May-1969 1.27 S2930 1.27 S2968

Jun-1969 1.27 S2930 1.27 S2968

Jul-1969 1.27 S2930 1.27 S2968

Aug-1969 1.27 S2930 1.27 S2968

Sep-1969 1.27 S2930 1.27 S2968

Oct-1969 1.27 S2930 1.27 S2968

Nov-1969 1.27 S2930 1.27 S2968

Dec-1969 1.27 S2930 1.27 S2968

Jan-1970 1.21 S2930 1.21 S2968

Feb-1970 1.21 S2930 1.21 S2968

Mar-1970 1.21 S2930 1.21 S2968

Apr-1970 1.21 S2930 1.21 S2968

May-1970 1.21 S2930 1.21 S2968

Page 631: Economics of Photoelectricity - November 13 2012

Jun-1970 1.21 S2930 1.21 S2968

Jul-1970 1.21 S2930 1.21 S2968

Aug-1970 1.21 S2930 1.21 S2968

Sep-1970 1.21 S2930 1.21 S2968

Oct-1970 1.21 S2930 1.21 S2968

Nov-1970 1.21 S2930 1.21 S2968

Dec-1970 1.21 S2930 1.21 S2968

Jan-1971 1.64 S2930 1.64 S2968

Feb-1971 1.64 S2930 1.64 S2968

Mar-1971 1.64 S2930 1.64 S2968

Apr-1971 1.64 S2930 1.64 S2968

May-1971 1.64 S2930 1.64 S2968

Jun-1971 1.64 S2930 1.64 S2968

Jul-1971 1.74 S2930 1.74 S2968

Aug-1971 1.74 S2930 1.74 S2968

Sep-1971 1.74 S2930 1.74 S2968

Oct-1971 1.74 S2930 1.74 S2968

Nov-1971 1.74 S2930 1.74 S2968

Dec-1971 1.74 S2930 1.74 S2968

Jan-1972 1.77 S2930 1.77 S2968

Feb-1972 1.77 S2930 1.77 S2968

Mar-1972 1.77 S2930 1.77 S2968

Apr-1972 1.77 S2930 1.77 S2968

May-1972 1.77 S2930 1.77 S2968

Jun-1972 1.77 S2930 1.77 S2968

Jul-1972 1.87 S2930 1.87 S2968

Aug-1972 1.87 S2930 1.87 S2968

Sep-1972 1.87 S2930 1.87 S2968

Oct-1972 1.87 S2930 1.87 S2968

Nov-1972 1.87 S2930 1.87 S2968

Dec-1972 1.87 S2930 1.87 S2968

Jan-1973 2.08 S2930 2.08 S2968

Feb-1973 2.08 S2930 2.08 S2968

Mar-1973 2.08 S2930 2.08 S2968

Apr-1973 2.35 S2930 2.35 S2968

May-1973 2.35 S2930 2.35 S2968

Jun-1973 2.35 S2930 2.35 S2968

Jul-1973 2.70 S2930 2.70 S2968

Aug-1973 2.70 S2930 2.70 S2968

Sep-1973 2.70 S2930 2.70 S2968

Oct-1973 4.10 S2930 4.10 S2968

Nov-1973 4.10 S2930 4.10 S2968

Dec-1973 4.10 S2930 4.10 S2968

Jan-1974 13.00 S2930 13.00 S2968

Feb-1974 13.00 S2930 13.00 S2968

Mar-1974 13.00 S2930 13.00 S2968

Apr-1974 10.60 S2930 10.60 S2968

May-1974 10.60 S2930 10.60 S2968

Jun-1974 10.60 S2930 10.60 S2968

Jul-1974 10.00 S2930 10.00 S2968

Aug-1974 10.00 S2930 10.00 S2968

Sep-1974 10.00 S2930 10.00 S2968

Oct-1974 10.30 S2930 10.30 S2968

Nov-1974 10.30 S2930 10.30 S2968

Dec-1974 10.30 S2930 10.30 S2968

Jan-1975 10.42 S2930 10.42 S2968

Feb-1975 10.42 S2930 10.42 S2968

Mar-1975 10.42 S2930 10.42 S2968

Apr-1975 10.42 S2930 10.42 S2968

May-1975 10.42 S2930 10.42 S2968

Jun-1975 10.42 S2930 10.42 S2968

Jul-1975 10.43 S2930 10.43 S2968

Aug-1975 10.43 S2930 10.43 S2968

Sep-1975 10.43 S2930 10.43 S2968

Oct-1975 10.46 S2930 10.46 S2968

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Nov-1975 10.46 S2930 10.46 S2968

Dec-1975 10.46 S2930 10.46 S2968

Jan-1976 11.51 S2930 11.51 S2968

Feb-1976 11.51 S2930 11.51 S2968

Mar-1976 11.51 S2930 11.51 S2968

Apr-1976 11.51 S2930 11.51 S2968

May-1976 11.51 S2930 11.51 S2968

Jun-1976 11.51 S2930 11.51 S2968

Jul-1976 11.60 S2930 11.60 S2968

Aug-1976 11.60 S2930 11.60 S2968

Sep-1976 11.60 S2930 11.60 S2968

Oct-1976 11.90 S2930 11.90 S2968

Nov-1976 11.90 S2930 11.90 S2968

Dec-1976 11.90 S2930 11.90 S2968

Jan-1977 12.50 S2930 12.50 S2968

Feb-1977 12.50 S2930 12.50 S2968

Mar-1977 12.50 S2930 12.50 S2968

Apr-1977 12.45 S2930 12.45 S2968

May-1977 12.45 S2930 12.45 S2968

Jun-1977 12.45 S2930 12.45 S2968

Jul-1977 12.63 S2930 12.63 S2968

Aug-1977 12.63 S2930 12.63 S2968

Sep-1977 12.63 S2930 12.63 S2968

Oct-1977 12.68 S2930 12.68 S2968

Nov-1977 12.68 S2930 12.68 S2968

Dec-1977 12.68 S2930 12.68 S2968

Jan-1978 12.66 S2930 12.66 S2968

Feb-1978 12.66 S2930 12.66 S2968

Mar-1978 12.66 S2930 12.66 S2968

Apr-1978 12.68 S2930 12.68 S2968

May-1978 12.70 S2930 12.70 S2968

Jun-1978 12.73 S2930 12.73 S2968

Jul-1978 12.77 S2930 12.77 S2968

Aug-1978 12.79 S2930 12.79 S2968

Sep-1978 12.80 S2930 12.80 S2968

Oct-1978 12.85 S2930 12.85 S2968

Nov-1978 13.20 S2930 13.20 S2968

Dec-1978 14.50 S2930 14.50 S2968

Jan-1979 17.45 S2930 18.95 S2968 15.95 S2968

Feb-1979 20.75 S2930 22.00 S2968 19.50 S2968

Mar-1979 22.02 S2930 23.25 S2968 20.80 S2968

Apr-1979 22.43 S2930 23.65 S2968 21.20 S2968

May-1979 33.50 S2930 32.75 S2968 34.25 S2968

Jun-1979 34.67 S2930 36.50 S2968 32.85 S2968

Jul-1979 33.50 S2930 35.00 S2968 32.00 S2968

Aug-1979 34.00 S2930 35.75 S2968 32.25 S2968

Sep-1979 35.50 S2930 36.50 S2968 34.50 S2968

Oct-1979 37.25 S2930 38.50 S2968 36.00 S2968

Nov-1979 40.75 S2930 42.00 S2968 39.50 S2968

Dec-1979 39.75 S2930 40.50 S2968 39.00 S2968

Jan-1980 39.00 S2930 40.00 S2968 38.00 S2968

Feb-1980 37.25 S2930 38.50 S2968 36.00 S2968

Mar-1980 37.00 S2930 38.25 S2968 35.75 S2968

Apr-1980 36.58 S2930 38.15 S2968 35.00 S2968

May-1980 37.05 S2930 38.50 S2968 35.60 S2968

Jun-1980 37.00 S2930 38.00 S2968 36.00 S2968

Jul-1980 35.38 S2930 37.40 S2968 33.35 S2968

Aug-1980 32.95 S2930 33.60 S2968 32.30 S2968

Sep-1980 32.83 S2930 33.40 S2968 32.25 S2968

Oct-1980 37.35 S2930 37.90 S2968 36.80 S2968

Nov-1980 40.30 S2930 40.85 S2968 39.75 S2968

Dec-1980 39.75 S2930 40.15 S2968 39.35 S2968

Jan-1981 39.77 S2930 40.30 S2968 39.25 S2968

Feb-1981 37.90 S2930 38.70 S2968 37.10 S2968

Mar-1981 37.60 S2930 38.35 S2968 36.85 S2968

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Apr-1981 36.37 S2930 37.19 S2968 35.55 S2968

May-1981 34.28 S2930 35.19 S2968 33.38 S2968

Jun-1981 32.71 S2930 33.25 S2968 32.17 S2968

Jul-1981 33.51 S2930 35.06 S2968 31.96 S2968

Aug-1981 33.98 S2930 35.80 S2968 32.17 S2968

Sep-1981 33.99 S2930 35.91 S2968 32.06 S2968

Oct-1981 34.61 S2930 36.54 S2968 32.68 S2968

Nov-1981 35.68 S2930 37.12 S2968 34.24 S2968

Dec-1981 35.41 S2930 36.70 S2968 34.12 S2968

Jan-1982 35.05 S2930 35.85 S2968 34.00 S2968

Feb-1982 32.27 S2930 31.62 S2968 30.40 S2968

Mar-1982 30.17 S2930 29.30 S2968 28.60 S2968

Apr-1982 31.57 S2930 33.12 S2968 30.88 S2968

May-1982 33.04 S2930 35.18 S2968 33.35 S2968

Jun-1982 32.77 S2930 34.60 S2968 32.65 S2968

Jul-1982 32.92 S2930 33.70 S2968 31.70 S2968

Aug-1982 32.42 S2930 32.85 S2968 31.20 S2968

Sep-1982 33.47 S2930 34.25 S2968 33.05 S2968

Oct-1982 33.78 S2930 35.00 S2968 33.40 S2968

Nov-1982 32.85 S2930 33.80 S2968 31.75 S2968

Dec-1982 31.47 S2930 31.75 S2968 30.10 S2968

Jan-1983 30.65 S2930 30.85 S2968 30.05 S2968

Feb-1983 29.11 S2930 29.10 S2968 29.00 S2968

Mar-1983 28.32 S2930 28.20 S2968 28.10 S2968

Apr-1983 29.69 S2930 29.75 S2968 28.70 S2968

May-1983 29.36 S2930 29.60 S2968 28.50 S2968

Jun-1983 29.97 S2930 30.20 S2968 28.75 S2968

Jul-1983 30.47 S2930 30.80 S2968 29.00 S2968

Aug-1983 30.65 S2930 31.10 S2968 28.90 S2968

Sep-1983 30.07 S2930 30.35 S2968 28.60 S2968

Oct-1983 29.62 S2930 29.85 S2968 28.60 S2968

Nov-1983 29.17 S2930 29.20 S2968 28.30 S2968

Dec-1983 28.81 S2930 28.95 S2968 28.25 S2968

Jan-1984 29.04 S2930 29.56 S2968 27.73 S2968

Feb-1984 29.20 S2930 29.88 S2968 27.65 S2968

Mar-1984 29.53 S2930 30.08 S2968 27.79 S2968

Apr-1984 29.57 S2930 30.13 S2968 27.96 S2968

May-1984 29.46 S2930 29.90 S2968 28.03 S2968

Jun-1984 29.05 S2930 29.20 S2968 27.91 S2968

Jul-1984 27.99 S2930 27.91 S2968 27.26 S2968

Aug-1984 28.17 S2930 28.11 S2968 27.23 S2968

Sep-1984 28.35 S2930 28.36 S2968 27.40 S2968

Oct-1984 27.85 S2930 27.81 S2968 27.11 S2968

Nov-1984 27.65 S2930 27.70 S2968 27.09 S2968

Dec-1984 26.81 S2930 26.98 S2968 26.76 S2968

Jan-1985 26.63 S2930 26.95 S2968 27.30 S2968

Feb-1985 27.60 S2930 28.20 S2968 27.25 S2968

Mar-1985 27.85 S2930 28.10 S2968 27.15 S2968

Apr-1985 27.80 S2930 27.90 S2968 26.65 S2968

May-1985 26.65 S2930 26.65 S2968 25.65 S2968

Jun-1985 26.37 S2930 26.45 S2968 25.45 S2968

Jul-1985 26.38 S2930 26.60 S2968 25.70 S2968

Aug-1985 27.02 S2930 27.15 S2968 26.30 S2968

Sep-1985 26.98 S2930 27.15 S2968 26.15 S2968

Oct-1985 27.82 S2930 27.90 S2968 26.70 S2968

Nov-1985 28.60 S2930 29.05 S2968 26.90 S2968

Dec-1985 26.50 S2930 25.85 S2968 26.30 S2968

Jan-1986 24.68 S2930 25.75 S2968 25.40 S2968

Feb-1986 15.92 S2930 17.55 S2968 14.80 S2968

Mar-1986 12.65 S2930 13.85 S2968 11.45 S2968

Apr-1986 11.90 S2930 12.50 S2968 10.30 S2968

May-1986 13.72 S2930 14.20 S2968 11.50 S2968

Jun-1986 11.85 S2930 11.85 S2968 10.20 S2968

Jul-1986 9.62 S2930 9.45 S2968 7.85 S2968

Aug-1986 13.70 S2930 13.65 S2968 12.15 S2968

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Sep-1986 14.08 S2930 14.20 S2968 13.10 S2968

Oct-1986 13.95 S2930 13.80 S2968 13.15 S2968

Nov-1986 14.45 S2930 14.55 S2968 13.55 S2968

Dec-1986 15.68 S2930 15.90 S2968 14.90 S2968

Jan-1987 18.07 S2930 18.40 S2968 17.20 S2968

Feb-1987 17.25 S2930 17.30 S2968 16.70 S2968

Mar-1987 17.75 S2930 17.90 S2968 16.90 S2968

Apr-1987 17.90 S2930 18.10 S2968 16.95 S2968

May-1987 18.40 S2930 18.75 S2968 17.05 S2968

Jun-1987 18.72 S2930 18.85 S2968 17.25 S2968

Jul-1987 19.62 S2930 19.80 S2968 17.75 S2968

Aug-1987 18.82 S2930 18.95 S2968 17.30 S2968

Sep-1987 18.28 S2930 18.35 S2968 17.00 S2968

Oct-1987 18.57 S2930 18.80 S2968 17.05 S2968

Nov-1987 17.75 S2930 17.80 S2968 16.60 S2968

Dec-1987 16.63 S2930 17.10 S2968 15.50 S2968

Jan-1988 16.47 S2930 16.85 S2968 15.40 S2968

Feb-1988 15.85 S2930 15.75 S2968 15.05 S2968

Mar-1988 14.78 S2930 14.75 S2968 13.40 S2968

Apr-1988 16.47 S2930 16.60 S2968 14.95 S2968

May-1988 16.22 S2930 16.40 S2968 14.85 S2968

Jun-1988 15.33 S2930 15.55 S2968 13.80 S2968

Jul-1988 14.48 S2930 14.90 S2968 13.05 S2968

Aug-1988 14.55 S2930 14.95 S2968 13.15 S2968

Sep-1988 13.10 S2930 13.30 S2968 11.55 S2968

Oct-1988 12.18 S2930 12.45 S2968 10.30 S2968

Nov-1988 12.53 S2930 13.00 S2968 10.60 S2968

Dec-1988 14.65 S2930 15.15 S2968 12.50 S2968

Jan-1989 16.48 S2930 17.00 S2968 14.45 S2968

Feb-1989 16.35 S2930 16.65 S2968 14.60 S2968

Mar-1989 18.03 S2930 18.70 S2968 15.95 S2968

Apr-1989 19.20 S2930 19.75 S2968 16.90 S2968

May-1989 18.02 S2930 18.35 S2968 15.65 S2968

Jun-1989 17.63 S2930 17.50 S2968 15.40 S2968

Jul-1989 17.67 S2930 17.75 S2968 15.50 S2968

Aug-1989 16.88 S2930 17.10 S2968 15.00 S2968

Sep-1989 17.67 S2930 17.80 S2968 15.60 S2968

Oct-1989 18.42 S2930 19.00 S2968 16.15 S2968

Nov-1989 18.37 S2930 19.15 S2968 16.15 S2968

Dec-1989 19.35 S2930 19.85 S2968 17.10 S2968

Jan-1990 20.35 S2930 20.95 S2968 17.45 S2968

Feb-1990 19.60 S2930 19.90 S2968 16.80 S2968

Mar-1990 18.22 S2930 18.45 S2968 15.80 S2968

Apr-1990 16.55 S2930 16.75 S2968 14.30 S2968

May-1990 16.58 S2930 16.70 S2968 14.60 S2968

Jun-1990 15.27 S2930 15.70 S2968 13.25 S2968

Jul-1990 17.17 S2930 17.55 S2968 15.30 S2968

Aug-1990 26.40 S2930 27.05 S2968 25.00 S2968

Sep-1990 32.70 S2930 34.10 S2968 30.30 S2968

Oct-1990 34.50 S2930 36.05 S2968 31.55 S2968

Nov-1990 31.08 S2930 33.00 S2968 27.95 S2968

Dec-1990 26.13 S2930 28.00 S2968 23.25 S2968

Jan-1991 22.58 S2930 23.65 S2968 19.40 S2968

Feb-1991 18.13 S2930 19.40 S2968 14.45 S2968

Mar-1991 18.07 S2930 19.45 S2968 14.85 S2968

Apr-1991 18.47 S2930 19.25 S2968 15.35 S2968

May-1991 18.82 S2930 19.30 S2968 15.90 S2968

Jun-1991 17.93 S2930 18.20 S2968 15.40 S2968

Jul-1991 19.05 S2930 19.45 S2968 16.25 S2968

Aug-1991 19.37 S2930 19.75 S2968 16.65 S2968

Sep-1991 20.05 S2930 20.50 S2968 17.80 S2968

Oct-1991 21.47 S2930 22.20 S2968 18.95 S2968

Nov-1991 20.77 S2930 21.25 S2968 18.45 S2968

Dec-1991 17.75 S2930 18.40 S2968 15.30 S2968

Jan-1992 17.38 S2930 18.15 S2968 15.20 S2968

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Feb-1992 17.62 S2930 18.10 S2968 15.75 S2968

Mar-1992 17.45 S2930 17.60 S2968 15.80 S2968

Apr-1992 18.63 S2930 18.95 S2968 16.70 S2968

May-1992 19.50 S2930 19.90 S2968 17.60 S2968

Jun-1992 20.83 S2930 21.15 S2968 19.00 S2968

Jul-1992 20.17 S2930 20.25 S2968 18.50 S2968

Aug-1992 19.62 S2930 19.75 S2968 17.80 S2968

Sep-1992 20.15 S2930 20.19 S2877 20.25 S2968 18.30 S2968

Oct-1992 20.08 S2930 20.04 S2877 20.30 S2968 18.25 S2968

Nov-1992 18.88 S2930 18.90 S2877 19.20 S2968 17.10 S2968

Dec-1992 17.93 S2930 17.93 S2877 18.15 S2968 16.25 S2968

Jan-1993 17.22 S2930 17.24 S2877 17.40 S2968 15.20 S2968

Feb-1993 18.17 S2930 18.23 S2877 18.45 S2968 16.00 S2968

Mar-1993 18.47 S2930 18.50 S2877 18.75 S2968 16.30 S2968

Apr-1993 18.43 S2930 18.44 S2877 18.65 S2968 16.35 S2968

May-1993 18.17 S2930 18.17 S2877 18.50 S2968 16.00 S2968

Jun-1993 17.47 S2930 17.37 S2877 17.65 S2968 15.60 S2968

Jul-1993 16.32 S2930 16.37 S2877 16.80 S2968 14.25 S2968

Aug-1993 16.48 S2930 16.43 S2877 16.70 S2968 14.75 S2968

Sep-1993 15.90 S2930 15.80 S2877 16.00 S2968 14.20 S2968

Oct-1993 16.52 S2930 16.44 S2877 16.60 S2968 14.80 S2968

Nov-1993 15.20 S2930 15.09 S2877 15.15 S2968 13.70 S2968

Dec-1993 13.77 S2930 13.36 S2877 13.60 S2968 12.15 S2968

Jan-1994 14.13 S2930 14.17 S2877 14.25 S2968 13.15 S2968

Feb-1994 13.78 S2930 13.75 S2877 13.80 S2968 12.80 S2968

Mar-1994 13.62 S2930 13.69 S2877 13.95 S2968 12.25 S2968

Apr-1994 15.08 S2930 15.15 S2877 15.15 S2968 13.80 S2968

May-1994 16.28 S2930 16.43 S2877 16.20 S2968 14.80 S2968

Jun-1994 17.17 S2930 17.23 S2877 16.75 S2968 15.70 S2968

Jul-1994 17.88 S2930 18.04 S2877 17.60 S2968 16.40 S2968

Aug-1994 17.00 S2930 16.98 S2877 16.80 S2968 15.85 S2968

Sep-1994 16.20 S2930 16.13 S2877 15.90 S2968 15.25 S2968

Oct-1994 16.47 S2930 16.48 S2877 16.40 S2968 15.35 S2968

Nov-1994 17.08 S2930 17.20 S2877 17.20 S2968 15.95 S2968

Dec-1994 15.94 S2930 16.13 S2877 15.96 S2968 14.70 S2968

Jan-1995 16.90 S2930 16.88 S2877 16.63 S2968 16.08 S2968

Feb-1995 17.42 S2930 17.44 S2877 17.08 S2968 16.64 S2968

Mar-1995 17.35 S2930 17.35 S2877 17.01 S2968 16.49 S2968

Apr-1995 18.65 S2930 18.77 S2877 18.67 S2968 17.40 S2968

May-1995 18.42 S2930 18.43 S2877 18.38 S2968 17.25 S2968

Jun-1995 17.36 S2930 17.33 S2877 17.35 S2968 16.24 S2968

Jul-1995 16.08 S2930 16.06 S2877 15.86 S2968 14.97 S2968

Aug-1995 16.47 S2930 16.49 S2877 16.07 S2968 15.37 S2968

Sep-1995 16.82 S2930 16.77 S2877 16.78 S2968 15.65 S2968

Oct-1995 16.12 S2930 16.18 S2877 16.12 S2968 14.92 S2968

Nov-1995 16.74 S2930 16.82 S2877 16.88 S2968 15.56 S2968

Dec-1995 17.87 S2930 17.93 S2877 17.96 S2968 16.81 S2968

Jan-1996 17.80 S2930 17.79 S2877 17.94 S2968 16.57 S2968

Feb-1996 17.70 S2930 17.69 S2877 17.97 S2968 16.05 S2968

Mar-1996 19.40 S2930 19.46 S2877 19.99 S2968 17.05 S2968

Apr-1996 20.66 S2930 20.78 S2877 21.01 S2968 17.77 S2968

May-1996 19.06 S2930 19.12 S2877 19.12 S2968 16.99 S2968

Jun-1996 18.51 S2930 18.56 S2877 18.27 S2968 17.00 S2968

Jul-1996 19.59 S2930 19.56 S2877 19.61 S2968 17.79 S2968

Aug-1996 20.44 S2930 20.19 S2877 20.58 S2968 18.77 S2968

Sep-1996 22.26 S2930 22.14 S2877 22.59 S2968 20.26 S2968

Oct-1996 23.61 S2930 23.43 S2877 24.18 S2968 21.71 S2968

Nov-1996 22.39 S2930 22.25 S2877 22.64 S2968 20.87 S2968

Dec-1996 23.62 S2930 23.51 S2877 23.90 S2968 21.65 S2968

Jan-1997 23.23 S2930 23.29 S2877 23.47 S2968 21.28 S2968

Feb-1997 20.42 S2930 20.54 S2877 20.83 S2968 18.60 S2968

Mar-1997 19.33 S2930 19.42 S2877 19.21 S2968 18.09 S2968

Apr-1997 17.88 S2930 17.98 S2877 17.47 S2968 16.77 S2968

May-1997 19.37 S2930 19.47 S2877 19.14 S2968 18.46 S2968

Jun-1997 17.92 S2930 18.02 S2877 17.55 S2968 17.34 S2968

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Jul-1997 18.33 S2930 18.45 S2877 18.40 S2968 17.29 S2968

Aug-1997 18.70 S2930 18.79 S2877 18.71 S2968 17.77 S2968

Sep-1997 18.66 S2930 18.73 S2877 18.45 S2968 17.95 S2968

Oct-1997 20.04 S2930 20.12 S2877 19.85 S2968 19.06 S2968

Nov-1997 19.09 S2930 19.16 S2877 19.00 S2968 18.38 S2968

Dec-1997 17.09 S2930 17.24 S2877 17.00 S2968 16.18 S2968

Jan-1998 15.00 S2930 15.07 S2877 15.09 S2968 13.40 S2968

Feb-1998 14.10 S2930 14.18 S2877 14.06 S2968 12.43 S2968

Mar-1998 13.12 S2930 13.24 S2877 13.08 S2968 11.53 S2968

Apr-1998 13.50 S2930 13.39 S2877 13.39 S2968 11.79 S2968

May-1998 14.03 S2930 13.97 S2877 14.39 S2968 12.79 S2968

Jun-1998 12.48 S2930 12.48 S2877 12.06 S2968 11.67 S2968

Jul-1998 12.70 S2930 12.72 S2877 12.01 S2968 11.98 S2968

Aug-1998 12.49 S2930 12.49 S2877 11.88 S2968 12.18 S2968

Sep-1998 13.80 S2930 13.80 S2877 13.36 S2968 13.07 S2968

Oct-1998 13.26 S2930 13.26 S2877 12.56 S2968 12.81 S2968

Nov-1998 11.88 S2930 11.88 S2877 10.92 S2968 11.76 S2968

Dec-1998 10.41 S2930 10.41 S2877 9.80 S2968 10.12 S2968

Jan-1999 11.44 S2930 11.32 S2877 11.06 S2968 10.78 S2968

Feb-1999 10.75 S2930 10.75 S2877 10.20 S2968 10.05 S2968

Mar-1999 13.17 S2930 12.86 S2877 12.47 S2968 12.37 S2968

Apr-1999 15.87 S2930 15.73 S2877 15.30 S2968 14.96 S2968

May-1999 16.06 S2930 16.12 S2877 15.14 S2968 15.30 S2968

Jun-1999 16.39 S2930 16.24 S2877 15.77 S2968 15.52 S2968

Jul-1999 18.99 S2930 18.75 S2877 19.01 S2968 17.88 S2968

Aug-1999 20.27 S2930 20.21 S2877 20.22 S2968 19.34 S2968

Sep-1999 22.70 S2930 22.37 S2877 22.40 S2968 21.84 S2968

Oct-1999 21.95 S2930 22.19 S2877 21.95 S2968 21.26 S2968

Nov-1999 24.16 S2930 24.22 S2877 24.59 S2968 23.05 S2968

Dec-1999 25.10 S2930 25.01 S2877 25.59 S2968 23.63 S2968

Jan-2000 25.31 S2930 25.21 S2877 25.38 S2968 23.28 S2968

Feb-2000 27.22 S2930 27.15 S2877 27.70 S2968 24.68 S2968

Mar-2000 27.49 S2930 27.49 S2877 27.47 S2968 25.08 S2968

Apr-2000 23.47 S2930 23.45 S2877 22.54 S2968 22.03 S2968

May-2000 27.19 S2930 27.23 S2877 27.34 S2968 25.39 S2968

Jun-2000 29.62 S2930 29.62 S2877 29.68 S2968 27.32 S2968

Jul-2000 28.18 S2930 28.16 S2877 28.53 S2968 26.03 S2968

Aug-2000 29.26 S2930 29.41 S2877 29.43 S2968 27.05 S2968

Sep-2000 32.08 S2930 32.08 S2877 32.62 S2968 29.74 S2968

Oct-2000 31.40 S2930 31.40 S2877 30.93 S2968 30.22 S2968

Nov-2000 32.33 S2930 32.33 S2877 32.52 S2968 30.10 S2968

Dec-2000 25.20 S2930 25.28 S2877 25.13 S2968 22.09 S2968

Jan-2001 25.96 S2930 25.95 S2877 25.64 S2968 22.69 S2968

Feb-2001 27.24 S2930 27.24 S2877 27.41 S2968 24.74 S2968

Mar-2001 25.02 S2930 25.02 S2877 24.40 S2968 23.43 S2968

Apr-2001 25.72 S2930 25.66 S2877 25.64 S2968 24.09 S2968

May-2001 27.55 S2930 27.55 S2877 28.45 S2968 25.58 S2968

Jun-2001 26.97 S2930 26.97 S2877 27.72 S2968 25.61 S2968

Jul-2001 24.80 S2930 24.80 S2877 24.54 S2968 23.43 S2968

Aug-2001 25.82 S2930 25.81 S2877 25.70 S2968 24.32 S2968

Sep-2001 25.21 S2930 25.03 S2877 25.54 S2968 23.96 S2968

Oct-2001 20.73 S2930 20.73 S2877 20.48 S2968 19.54 S2968

Nov-2001 18.69 S2930 18.69 S2877 18.94 S2968 17.53 S2968

Dec-2001 18.52 S2930 18.52 S2877 18.60 S2968 17.64 S2968

Jan-2002 19.15 S2930 19.15 S2877 19.49 S2968 18.29 S2968

Feb-2002 19.98 S2930 19.98 S2877 20.29 S2968 18.91 S2968

Mar-2002 23.64 S2930 23.64 S2877 23.69 S2968 22.85 S2968

Apr-2002 25.43 S2930 25.43 S2877 25.65 S2968 24.41 S2968

May-2002 25.67 S2930 25.69 S2877 25.39 S2968 24.59 S2968

Jun-2002 24.49 S2930 24.49 S2877 24.13 S2968 23.83 S2968

Jul-2002 25.75 S2930 25.75 S2877 25.77 S2968 24.57 S2968

Aug-2002 26.78 S2930 26.78 S2877 26.63 S2968 25.32 S2968

Sep-2002 28.28 S2930 28.28 S2877 28.34 S2968 26.83 S2968

Oct-2002 27.53 S2930 27.53 S2877 27.55 S2968 26.18 S2968

Nov-2002 24.54 S2930 24.79 S2877 24.18 S2968 23.16 S2968

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Dec-2002 27.89 S2930 27.89 S2877 28.52 S2968 25.70 S2968

Jan-2003 30.75 S2930 30.77 S2877 31.25 S2968 28.05 S2968

Feb-2003 32.88 S2930 32.88 S2877 32.65 S2968 30.20 S2968

Mar-2003 30.36 S2930 30.36 S2877 30.34 S2968 27.42 S2968

Apr-2003 25.56 S2930 25.49 S2877 25.02 S2968 23.43 S2968

May-2003 26.06 S2930 26.06 S2877 25.81 S2968 24.25 S2968

Jun-2003 27.92 S2930 27.91 S2877 27.55 S2968 25.50 S2968

Jul-2003 28.59 S2930 28.59 S2877 28.40 S2968 26.63 S2968

Aug-2003 29.68 S2930 29.68 S2877 29.83 S2968 27.62 S2968

Sep-2003 26.88 S2930 26.88 S2877 27.10 S2968 25.27 S2968

Oct-2003 29.01 S2930 29.01 S2877 29.59 S2968 27.13 S2968

Nov-2003 29.12 S2930 29.12 S2877 28.77 S2968 27.50 S2968

Dec-2003 29.97 S2930 29.95 S2877 29.93 S2968 27.86 S2968

Jan-2004 31.37 S2930 31.40 S2877 31.18 S2968 28.68 S2968

Feb-2004 31.33 S2930 31.32 S2877 30.87 S2968 28.40 S2968

Mar-2004 33.67 S2930 33.67 S2877 33.80 S2968 30.46 S2968

Apr-2004 33.71 S2930 33.71 S2877 33.36 S2968 31.07 S2968

May-2004 37.56 S2930 37.63 S2877 37.92 S2968 34.47 S2968

Jun-2004 35.54 S2930 35.54 S2877 35.19 S2968 33.41 S2968

Jul-2004 37.89 S2930 37.93 S2877 38.37 S2968 34.48 S2968

Aug-2004 42.08 S2930 42.08 S2877 43.03 S2968 38.30 S2968

Sep-2004 41.60 S2930 41.65 S2877 43.38 S2968 35.48 S2968

Oct-2004 46.88 S2930 46.87 S2877 49.82 S2968 37.58 S2968

Nov-2004 42.13 S2930 42.23 S2877 43.05 S2968 34.88 S2968

Dec-2004 39.04 S2930 39.09 S2877 39.64 S2968 34.26 S2968

Jan-2005 42.97 S2930 42.89 S2877 44.28 S2968 37.81 S2968

Feb-2005 44.82 S2930 44.56 S2877 45.56 S2968 40.93 S2968

Mar-2005 50.94 S2930 50.93 S2877 53.08 S2968 45.58 S2968

Apr-2005 50.64 S2930 50.64 S2877 51.86 S2968 47.10 S2968

May-2005 47.83 S2930 47.81 S2877 48.67 S2968 45.00 S2968

Jun-2005 53.89 S2930 53.89 S2877 54.31 S2968 50.98 S2968

Jul-2005 56.37 S2930 56.37 S2877 57.58 S2968 52.85 S2968

Aug-2005 61.89 S2930 61.87 S2877 64.09 S2968 56.63 S2968

Sep-2005 61.69 S2930 61.65 S2877 62.98 S2968 56.54 S2968

Oct-2005 58.19 S2930 58.19 S2877 58.52 S2968 53.67 S2968

Nov-2005 55.04 S2930 54.98 S2877 55.41 S2966 51.31 S2968

Dec-2005 56.43 S2930 56.47 S2877 57.02 S2965 53.13 S2968

Jan-2006 62.46 S2930 62.36 S2877 63.05 S2965 58.31 S2968

Feb-2006 59.70 S2930 59.71 S2877 60.12 S2965 57.58 S2968

Mar-2006 60.93 S2930 60.93 S2877 62.08 S2941 57.65 S2968

Apr-2006 67.97 S2930 68.00 S2877 70.35 S2941 64.06 S2968

May-2006 68.68 S2930 68.61 S2877 69.58 S2938 64.91 S2968

Jun-2006 68.29 S2930 68.29 S2877 68.54 S2938 65.08 S2968

Jul-2006 72.45 S2930 72.51 S2877 73.67 S2938 69.05 S2968

Aug-2006 71.81 S2930 71.81 S2877 73.11 S2964 68.78 S2968

Sep-2006 62.12 S2930 61.97 S2877 63.18 S2964 59.77 S2968

Oct-2006 57.91 S2930 57.95 S2877 57.75 S2963 56.50 S2968

Nov-2006 58.14 S2930 58.13 S2877 58.49 S2963 56.82 S2968

Dec-2006 60.99 S2930 61.00 S2877 64.98 S2963 58.67 S2968

Jan-2007 53.52 S2930 53.40 S2877 53.32 S2927 52.01 S2968

Feb-2007 57.56 S2930 57.58 S2877 56.55 S2927 55.68 S2968

Mar-2007 60.60 S2930 60.60 S2877 61.61 S2927 59.05 S2968

Apr-2007 65.06 S2930 65.10 S2877 56.55 S2961 63.84 S2968

May-2007 65.16 S2930 65.10 S2877 67.77 S2962 64.54 S2968

Jun-2007 68.19 S2930 68.19 S2877 70.58 S2962 65.76 S2968

Jul-2007 73.60 S2930 73.67 S2877 76.3 S2962 69.46 S2968

Aug-2007 70.13 S2930 70.13 S2877 71.39 S2961 67.21 S2968

Sep-2007 76.76 S2930 76.91 S2877 76.59 S2961 73.25 S2968

Oct-2007 81.97 S2930 82.15 S2877 81.12 S2961 77.14 S2968

Nov-2007 91.34 S2930 91.27 S2877 92.64 S2960 86.73 S2968

Dec-2007 89.52 S2930 89.43 S2877 91.95 S2960 85.75 S2968

Jan-2008 90.69 S2930 90.82 S2877 91.41 S2960 87.17 S2968

Feb-2008 93.39 S2930 93.75 S2877 94.99 S2959 89.96 S2968

Mar-2008 101.84 S2930 101.84 S2877 105.45 S2959 96.78 S2968

Apr-2008 108.76 S2930 109.05 S2877 109.07 S2959 103.47 S2968

Page 638: Economics of Photoelectricity - November 13 2012

May-2008 122.63 S2930 122.77 S2877 122.8 S2958 118.95 S2968

Jun-2008 131.52 S2930 131.52 S2877 132.32 S2958 127.59 S2968

Jul-2008 132.83 S2930 132.55 S2877 132.72 S2958 131.22 S2968

Aug-2008 114.57 S2930 114.57 S2877 113.24 S2947 113.21 S2968

Sep-2008 99.66 S2930 99.29 S2877 97.23 S2947 95.97 S2968

Oct-2008 72.69 S2930 72.69 S2877 71.58 S2947 68.62 S2968

Nov-2008 53.97 S2930 54.04 S2877 52.45 S2935 51.38 S2968

Dec-2008 41.34 S2930 41.53 S2877 39.95 S2935 41.00 S2968

Jan-2009 43.86 S2930 43.91 S2877 43.44 S2935 44.97 S2968

Feb-2009 41.84 S2930 41.76 S2877 43.32 S2939 43.14 S2968

Mar-2009 46.65 S2930 46.95 S2877 46.54 S2939 45.58 S2968

Apr-2009 50.28 S2930 50.28 S2877 50.18 S2939 50.18 S2968

May-2009 58.15 S2930 58.10 S2877 59.03 S2949 57.40 S2968

Jun-2009 69.15 S2930 69.13 S2877 69.64 S2949 69.21 S2968

Jul-2009 64.67 S2930 64.65 S2877 64.44 S2949 64.97 S2968

Aug-2009 71.63 S2930 71.63 S2877 72.51 S2936 71.32 S2968

Sep-2009 68.35 S2930 68.38 S2877 67.65 S2936 67.91 S2968

Oct-2009 74.08 S2930 74.08 S2877 72.77 S2936 73.28 S2968

Nov-2009 77.55 S2930 77.56 S2877 77.99 S2945 77.63 S2968

Dec-2009 74.88 S2930 74.88 S2877 74.46 S2937 75.49 S2968

Jan-2010 77.12 S2930 77.12 S2877 78.33 S2937 76.64 S2968

Feb-2010 74.76 S2930 74.72 S2877 73.75 S2937 73.56 S2968

Mar-2010 79.30 S2930 79.30 S2877 78.83 S2957 77.37 S2968

Apr-2010 84.18 S2930 84.14 S2877 84.82 S2956 83.09 S2968

May-2010 75.62 S2930 75.54 S2877 77.33 S2956 76.87 S2968

Jun-2010 74.73 S2930 74.73 S2877 74.76 S2956 73.98 S2968

Jul-2010 74.58 S2930 74.52 S2877 75.58 S2955 72.65 S2968

Aug-2010 75.83 S2930 75.88 S2877 77.04 S2955 74.18 S2968

Sep-2010 76.12 S2930 76.11 S2877 78.26 S2955 75.27 S2968

Oct-2010 81.72 S2930 81.72 S2877 82.66 S2954 80.34 S2968

Nov-2010 84.53 S2930 84.53 S2877 85.29 S2954 83.70 S2968

Dec-2010 90.01 S2930 90.07 S2877 91.45 S2954 89.07 S2968

Jan-2011 92.69 S2930 92.66 S2877 96.52 S2953 92.37 S2968

Feb-2011 97.91 S2930 97.73 S2877 103.72 S2953 100.25 S2968

Mar-2011 108.65 S2930 108.65 S2877 114.64 S2953 108.58 S2968

Apr-2011 116.24 S2930 116.32 S2877 123.26 S2952 115.70 S2968

May-2011 108.07 S2930 108.18 S2877 114.99 S2952 108.46 S2968

Jun-2011 105.85 S2930 105.85 S2877 112.83 S2952 107.52 S2968

Jul-2011 107.92 S2930 107.88 S2877 116.97 S2951 109.98 S2968

Aug-2011 100.49 S2930 100.45 S2877 110.22 S2951 105.06 S2968

Sep-2011 100.82 S2930 100.83 S2877 112.83 S2951 106.00 S2968

Oct-2011 99.85 S2930 99.92 S2877 109.55 S2950 103.67 S2968

Nov-2011 105.41 S2930 105.36 S2877 110.77 S2950 108.59 S2968

Dec-2011 104.23 S2930 104.26 S2877 107.87 S2950 106.22 S2968

Jan-2012 107.07 S2930 106.89 S2877 110.69 S2944 109.78 S2969

Feb-2012 112.69 S2930 112.70 S2877 119.7 S2932 116.15 S2932

Mar-2012 117.79 S2932 117.79 S2877 124.93 S2932 122.28 S2932

Apr-2012 113.67 S2932 113.75 S2877 120.46 S2932 117.25 S2932

May-2012 104.09 S2931 104.16 S2877 110.52 S2931 107.05 S2931

Jun-2012 90.73 S2931 90.73 S2877 95.59 S2931 94.24 S2931

Jul-2012 96.75 S2931 96.75 S2877 103.14 S2931 99.22 S2931

Aug-2012 105.27 S2970 105.28 S2877 113.36 S2942 108.37 S2968

Sep-2012 106.28 S2970 106.32 S2877 112.86 S2942 110.96 S2968

Oct-2012

Nov-2012

Dec-2012

Jan-2013

Feb-2013

Mar-2013

Apr-2013

May-2013

Jun-2013

Jul-2013

Aug-2013

Sep-2013

Page 639: Economics of Photoelectricity - November 13 2012

Oct-2013

Nov-2013

Dec-2013

Jan-2014

Feb-2014

Mar-2014

Apr-2014

May-2014

Jun-2014

Jul-2014

Aug-2014

Sep-2014

Oct-2014

Nov-2014

Dec-2014

Jan-2015

Feb-2015

Mar-2015

Apr-2015

May-2015

Jun-2015

Jul-2015

Aug-2015

Sep-2015

Oct-2015

Nov-2015

Dec-2015

Page 640: Economics of Photoelectricity - November 13 2012

WTI

($/bbl) Source ($/mt) Source ($/mt) Source ($/mt) Source $/mt

Coal, Australian

Coal, Columbian

Coal, South Africa

Coal, NW Europe - cif

Page 641: Economics of Photoelectricity - November 13 2012

7.80 S2930

7.80 S2930

7.80 S2930

7.80 S2930

7.80 S2930

Page 642: Economics of Photoelectricity - November 13 2012

7.80 S2930

7.80 S2930

7.80 S2930

7.80 S2930

7.80 S2930

7.80 S2930

7.80 S2930

8.68 S2930

8.68 S2930

8.68 S2930

8.68 S2930

8.68 S2930

8.68 S2930

8.68 S2930

8.68 S2930

8.68 S2930

8.68 S2930

8.68 S2930

8.68 S2930

9.60 S2930

9.60 S2930

9.60 S2930

9.60 S2930

9.60 S2930

9.60 S2930

9.60 S2930

9.60 S2930

9.60 S2930

9.60 S2930

9.60 S2930

9.60 S2930

11.48 S2930

11.48 S2930

11.48 S2930

11.48 S2930

11.48 S2930

11.48 S2930

11.48 S2930

11.48 S2930

11.48 S2930

11.48 S2930

11.48 S2930

11.48 S2930

16.89 S2930

16.89 S2930

16.89 S2930

16.89 S2930

16.89 S2930

16.89 S2930

16.89 S2930

16.89 S2930

16.89 S2930

16.89 S2930

16.89 S2930

16.89 S2930

26.84 S2930

26.84 S2930

26.84 S2930

26.84 S2930

26.84 S2930

26.84 S2930

26.84 S2930

26.84 S2930

26.84 S2930

26.84 S2930

Page 643: Economics of Photoelectricity - November 13 2012

26.84 S2930

26.84 S2930

27.16 S2930

27.16 S2930

27.16 S2930

27.16 S2930

27.16 S2930

27.16 S2930

27.16 S2930

27.16 S2930

27.16 S2930

27.16 S2930

27.16 S2930

27.16 S2930

28.68 S2930

28.68 S2930

28.68 S2930

28.68 S2930

28.68 S2930

28.68 S2930

28.68 S2930

28.68 S2930

28.68 S2930

28.68 S2930

28.68 S2930

28.68 S2930

27.87 S2930

27.06 S2930

27.06 S2930

27.06 S2930

28.61 S2930

30.15 S2930

30.15 S2930

30.15 S2930

30.15 S2930

30.15 S2930

30.15 S2930

30.15 S2930

30.15 S2930

30.15 S2930

30.15 S2930

30.15 S2930

30.15 S2930

30.15 S2930

30.15 S2930

31.26 S2930

31.26 S2930

32.37 S2930

32.37 S2930

32.37 S2930

32.37 S2930

32.37 S2930

32.37 S2930

39.54 S2930

40.14 S2930

40.74 S2930

40.74 S2930

44.24 S2930

44.61 S2930

44.61 S2930

44.98 S2930

44.98 S2930

44.98 S2930

44.98 S2930

44.98 S2930

Page 644: Economics of Photoelectricity - November 13 2012

56.50 S2930

56.50 S2930

56.50 S2930

56.50 S2930

56.50 S2930

56.50 S2930

56.50 S2930

56.50 S2930

56.50 S2930

35.30 S2968 55.61 S2930

34.80 S2968 55.61 S2930

32.60 S2968 55.61 S2930

30.70 S2968 55.61 S2930

30.60 S2968 55.61 S2930

31.05 S2968 55.61 S2930

33.35 S2968 55.61 S2930

33.20 S2968 55.61 S2930

33.10 S2968 55.61 S2930

32.95 S2968 55.61 S2930

33.00 S2968 55.61 S2930

32.55 S2968 45.50 S2930

31.06 S2968 43.00 S2930

29.24 S2968 43.00 S2930

28.66 S2968 43.00 S2930

30.63 S2968 43.00 S2930

29.98 S2968 43.00 S2930

30.95 S2968 43.00 S2930

31.60 S2968 34.75 S2930

31.96 S2968 34.75 S2930

31.26 S2968 34.75 S2930

30.40 S2968 34.75 S2930

30.00 S2968 32.00 S2930

29.24 S2968 29.25 S2930

29.84 S2968 29.25 S2930

30.08 S2968 29.25 S2930

30.73 S2968 29.25 S2930

30.63 S2968 29.25 S2930

30.45 S2968 29.25 S2930

30.04 S2968 31.75 S2930

28.79 S2968 31.75 S2930

29.17 S2968 31.75 S2930

29.30 S2968 31.75 S2930

28.64 S2968 31.75 S2930

28.16 S2968 32.75 S2930

26.70 S2968 33.75 S2930

25.65 S2968 33.75 S2930

27.35 S2968 33.75 S2930

28.30 S2968 33.75 S2930

28.85 S2968 33.75 S2930

27.65 S2968 33.75 S2930

27.20 S2968 33.75 S2930

26.85 S2968 33.75 S2930

27.60 S2968 33.75 S2930

27.65 S2968 33.75 S2930

28.85 S2968 33.75 S2930

29.85 S2968 33.75 S2930

27.35 S2968 33.75 S2930

22.90 S2968 33.75 S2930

15.40 S2968 33.75 S2930

12.65 S2968 30.75 S2930

12.90 S2968 30.75 S2930

15.45 S2968 30.75 S2930

13.50 S2968 30.75 S2930

11.55 S2968 30.75 S2930

15.30 S2968 30.75 S2930

Page 645: Economics of Photoelectricity - November 13 2012

14.95 S2968 30.75 S2930

14.90 S2968 30.75 S2930

15.25 S2968 30.75 S2930

16.25 S2968 29.25 S2930

18.60 S2968 29.25 S2930

17.75 S2968 29.25 S2930

18.45 S2968 29.25 S2930

18.65 S2968 24.75 S2930

19.40 S2968 24.75 S2930

20.05 S2968 24.75 S2930

21.30 S2968 27.00 S2930

20.20 S2968 27.00 S2930

19.50 S2968 27.00 S2930

19.85 S2968 27.00 S2930

18.85 S2968 29.00 S2930

17.30 S2968 31.00 S2930

17.15 S2968 31.00 S2930

16.75 S2968 31.00 S2930

16.20 S2968 33.00 S2930

17.85 S2968 33.00 S2930

17.40 S2968 33.00 S2930

16.65 S2968 36.00 S2930

15.50 S2968 36.00 S2930

15.55 S2968 36.00 S2930

14.45 S2968 37.00 S2930

13.80 S2968 37.00 S2930

14.00 S2968 37.50 S2930

16.30 S2968 38.00 S2930

18.00 S2968 38.00 S2930

17.80 S2968 38.00 S2930

19.45 S2968 38.00 S2930

20.95 S2968 38.00 S2930

20.05 S2968 38.00 S2930

20.00 S2968 38.00 S2930

19.75 S2968 38.00 S2930

18.55 S2968 38.00 S2930

19.60 S2968 38.00 S2930

20.10 S2968 38.00 S2930

19.80 S2968 38.00 S2930

21.10 S2968 38.00 S2930

22.65 S2968 38.00 S2930 31.00 S2967

22.10 S2968 38.00 S2930 31.00 S2968

20.40 S2968 38.00 S2930 31.00 S2969

18.60 S2968 38.00 S2930 31.00 S2970

18.45 S2968 40.50 S2930 32.50 S2971

16.85 S2968 40.50 S2930 34.00 S2972

18.65 S2968 40.50 S2930 34.00 S2973

27.15 S2968 40.50 S2930 34.00 S2974

33.70 S2968 40.50 S2930 34.00 S2975

35.90 S2968 40.50 S2930 34.00 S2976

32.30 S2968 40.50 S2930 34.00 S2977

27.15 S2968 40.50 S2930 34.00 S2978

24.70 S2968 40.50 S2930 34.00 S2979

20.55 S2968 40.50 S2930 34.00 S2980

19.90 S2968 39.50 S2930 31.00 S2981

20.80 S2968 39.50 S2930 31.00 S2982

21.25 S2968 39.50 S2930 31.00 S2983

20.20 S2968 39.50 S2930 31.00 S2984

21.45 S2968 39.50 S2930 31.00 S2985

21.70 S2968 39.50 S2930 31.00 S2986

21.85 S2968 39.50 S2930 31.00 S2987

23.25 S2968 39.50 S2930 31.00 S2988

22.60 S2968 39.50 S2930 31.00 S2989

19.55 S2968 39.50 S2930 31.00 S2990

18.80 S2968 39.50 S2930 31.00 S2991

Page 646: Economics of Photoelectricity - November 13 2012

19.00 S2968 39.50 S2930 31.00 S2992

18.95 S2968 39.50 S2930 31.00 S2993

20.25 S2968 39.50 S2930 31.00 S2994

21.00 S2968 39.50 S2930 31.00 S2995

22.35 S2968 39.50 S2930 29.00 S2996

21.75 S2968 39.50 S2930 27.00 S2997

21.30 S2968 39.50 S2930 27.00 S2998

21.90 S2968 39.50 S2930 27.00 S2999

21.70 S2968 37.25 S2930 27.00 S3000

20.35 S2968 35.00 S2930 27.00 S3001

19.40 S2968 35.00 S2930 27.00 S3002

19.05 S2968 35.00 S2930 27.00 S3003

20.05 S2968 31.00 S2930 27.00 S3004

20.35 S2968 31.00 S2930 27.00 S3005

20.30 S2968 31.00 S2930 27.00 S3006

20.00 S2968 31.00 S2930 27.00 S3007

19.15 S2968 31.00 S2930 27.00 S3008

17.90 S2968 31.00 S2930 27.00 S3009

18.00 S2968 31.00 S2930 27.00 S3010

17.50 S2968 31.00 S2930 27.00 S3011

18.15 S2968 31.00 S2930 27.00 S3012

16.75 S2968 31.00 S2930 27.00 S3013

15.55 S2968 31.00 S2930 26.50 S3014

15.00 S2968 31.00 S2930 27.00 S3015

14.75 S2968 31.00 S2930 27.00 S3016

14.65 S2968 29.50 S2930 27.00 S3017

16.30 S2968 29.50 S2930 27.00 S3018

17.85 S2968 31.40 S2930 27.00 S3019

19.05 S2968 33.60 S2930 28.50 S3020

19.65 S2968 33.10 S2930 28.50 S3021

18.35 S2968 33.10 S2930 28.50 S3022

17.45 S2968 33.10 S2930 29.00 S3023

17.65 S2968 33.10 S2930 30.75 S3024

18.10 S2968 33.10 S2930 30.50 S3025

17.16 S2968 36.10 S2930 32.00 S3026

17.99 S2968 37.10 S2930 34.00 S3027

18.53 S2968 37.60 S2930 34.50 S3028

18.54 S2968 38.35 S2930 34.75 S3029

19.87 S2968 37.10 S2930 35.00 S3030

19.64 S2968 38.77 S2930 35.00 S3031

18.50 S2968 40.77 S2930 34.89 S3032

17.42 S2968 41.05 S2930 36.15 S3033

17.96 S2968 40.88 S2930 35.70 S3034

18.03 S2968 40.93 S2930 35.93 S3035

17.33 S2968 40.97 S2930 35.75 S3036

17.79 S2968 39.59 S2930 36.07 S3037

18.83 S2968 39.35 S2930 35.01 S3038

18.89 S2968 39.37 S2930 34.75 S3039

19.07 S2968 39.28 S2930 34.25 S3040

21.16 S2968 39.01 S2930 32.92 S3041

23.20 S2968 39.33 S2930 33.67 S3042

21.08 S2968 38.20 S2930 33.28 S3043

20.27 S2968 38.20 S2930 32.40 S3044

21.36 S2968 38.40 S2930 32.10 S3045

21.97 S2968 38.35 S2930 32.03 S3046

23.92 S2968 38.10 S2930 33.38 S3047

24.94 S2968 37.60 S2930 34.25 S3048

23.66 S2968 35.70 S2930 34.14 S3049

25.32 S2968 35.35 S2930 35.04 S3050

24.93 S2968 35.23 S2930 34.57 S3051

21.83 S2968 34.60 S2930 33.80 S3052

20.69 S2968 34.50 S2930 33.40 S3053

19.40 S2968 35.40 S2930 32.99 S3054

20.50 S2968 35.73 S2930 32.53 S3055

18.87 S2968 34.50 S2930 32.28 S3056

Page 647: Economics of Photoelectricity - November 13 2012

19.30 S2968 35.00 S2930 31.27 S3057

19.62 S2968 36.93 S2930 31.03 S3058

19.59 S2968 37.15 S2930 29.88 S3059

21.21 S2968 37.15 S2930 29.00 S3060

19.88 S2968 33.60 S2930 27.69 S3061

18.09 S2968 31.40 S2930 27.75 S3062

16.51 S2968 31.40 S2930 27.50 S3063

15.81 S2968 33.44 S2930 26.76 S3064

14.76 S2968 31.88 S2930 26.74 S3065

15.32 S2968 31.18 S2930 27.35 S3066

14.90 S2968 30.28 S2930 27.63 S3067

13.71 S2968 30.00 S2930 27.33 S3068

14.11 S2968 30.00 S2930 26.55 S3069

13.40 S2968 26.20 S2930 26.30 S3070

14.98 S2968 27.09 S2930 26.43 S3071

14.42 S2968 27.10 S2930 26.08 S3072

12.96 S2968 26.10 S2930 26.70 S3073

11.31 S2968 26.10 S2930 26.70 S3074

12.49 S2968 26.10 S2930 26.50 S3075

12.01 S2968 26.10 S2930 26.38 S3076

14.66 S2968 26.10 S2930 25.05 S3077

17.34 S2968 26.10 S2930 25.05 S3078

17.75 S2968 26.10 S2930 25.05 S3079

17.89 S2968 26.10 S2930 25.25 S3080

20.07 S2968 26.10 S2930 23.78 S3081

21.25 S2968 26.10 S2930 23.14 S3082

23.86 S2968 26.10 S2930 22.50 S3083

22.64 S2968 25.60 S2930 22.50 S3084

24.85 S2968 25.10 S2930 23.50 S3085

26.08 S2968 25.10 S2930 22.58 S3086

27.27 S2968 25.10 S2930 22.78 S3087

29.28 S2968 25.10 S2930 23.62 S3088

29.92 S2968 25.10 S2930 24.40 S3089

25.84 S2968 25.10 S2930 24.94 S3090

28.83 S2968 25.60 S2930 26.05 S3091

31.86 S2968 25.60 S2930 27.00 S3092

29.97 S2968 25.60 S2930 27.00 S3093

31.31 S2968 25.60 S2930 27.00 S3094

33.89 S2968 27.15 S2930 27.00 S3095

33.05 S2968 27.15 S2930 28.18 S3096

34.37 S2968 27.15 S2930 26.17 S3097

28.40 S2968 30.75 S2930 34.70 S3098

29.55 S2968 32.10 S2930 33.69 S2968 34.95 S3099

29.57 S2968 32.10 S2930 36.55 S2968 34.35 S3100

27.24 S2968 32.60 S2930 37.30 S2968 35.50 S3101

27.42 S2968 33.50 S2930 37.80 S2968 35.53 S3102

28.61 S2968 33.80 S2930 37.80 S2968 34.75 S3103

27.56 S2968 33.90 S2930 37.90 S2968 34.75 S3104

26.44 S2968 34.00 S2930 37.90 S2968 34.35 S3105

27.45 S2968 33.80 S2930 37.90 S2968 34.15 S3106

26.12 S2968 32.80 S2930 37.65 S2968 33.06 S3107

22.18 S2968 32.40 S2930 36.93 S2968 33.03 S3108

19.59 S2968 29.40 S2930 33.65 S2968 31.50 S3109

19.31 S2968 27.35 S2930 32.05 S2968 30.45 S3110

19.69 S2968 27.35 S2930 31.45 S2968 29.70 S3111

20.72 S2968 28.10 S2930 30.20 S2968 28.95 S3112

24.38 S2968 27.80 S2930 29.50 S2968 28.35 S3113

26.24 S2968 27.09 S2930 29.90 S2968 26.83 S3114

27.04 S2968 26.88 S2930 29.00 S2968 25.75 S3115

25.51 S2968 24.90 S2930 26.75 S2968 24.38 S3116

26.92 S2968 23.15 S2930 25.88 S2968 22.73 S3117

28.37 S2968 22.25 S2930 25.30 S2968 21.25 S3118

29.67 S2968 22.70 S2930 26.35 S2968 23.08 S3119

28.85 S2968 24.50 S2930 29.13 S2968 27.35 S3120

26.28 S2968 24.50 S2930 29.25 S2968 26.88 S3121

Page 648: Economics of Photoelectricity - November 13 2012

29.44 S2968 24.50 S2930 29.50 S2968 26.88 S3122

32.95 S2968 24.90 S2930 29.83 S2968 27.46 S3123

35.80 S2968 25.15 S2930 29.85 S2968 27.25 S3124

33.32 S2968 24.40 S2930 29.85 S2968 23.83 S3125

28.22 S2968 23.45 S2930 27.85 S2968 23.83 S3126

28.13 S2968 23.30 S2930 28.08 S2968 23.40 S3127

30.71 S2968 24.10 S2930 30.10 S2968 27.00 S3128

30.75 S2968 24.35 S2930 33.05 S2968 28.00 S3129

31.58 S2968 25.33 S2930 33.10 S2968 30.20 S3130

28.28 S2968 26.70 S2930 34.63 S2968 34.14 S3131

30.32 S2968 27.50 S2930 40.97 S2968 36.69 S3132

31.09 S2968 29.91 S2930 43.68 S2968 39.19 S3133

32.12 S2968 34.00 S2930 44.58 S2968 38.69 S3134

34.24 S2968 37.75 S2930 46.05 S2968 41.25 S3135

34.73 S2968 41.75 S2930 47.60 S2968 42.25 S3136

36.73 S2968 48.94 S2930 48.65 S2968 42.50 S3137

36.71 S2968 53.25 S2930 49.70 S2968 47.25 S3138

40.29 S2968 56.44 S2930 52.69 S2968 52.56 S3139

38.03 S2968 59.55 S2930 63.49 S2968 62.55 S3140

40.82 S2968 61.38 S2930 72.45 S2968 68.50 S3141

44.92 S2968 59.25 S2930 69.98 S2968 63.63 S3142

45.93 S2968 55.38 S2930 70.75 S2968 61.00 S3143

53.25 S2968 56.63 S2930 71.13 S2968 59.69 S3144

48.45 S2968 52.83 S2930 70.63 S2968 60.75 S3145

43.23 S2968 52.25 S2930 68.05 S2968 54.29 S3146

46.82 S2968 53.05 S2930 63.82 S2968 51.42 S3147

47.96 S2968 49.90 S2930 59.05 S2968 46.63 S3148

54.17 S2968 50.93 S2930 54.53 S2968 45.30 S3149

52.96 S2968 51.25 S2930 51.85 S2968 46.25 S3150

49.81 S2968 51.31 S2930 51.29 S2968 44.88 S3151

56.39 S2968 51.00 S2930 49.75 S2968 49.13 S3152

58.67 S2968 50.90 S2930 52.25 S2968 51.31 S3153

64.96 S2968 49.13 S2930 51.50 S2968 49.50 S3154

65.54 S2968 45.25 S2930 49.94 S2968 46.63 S3155

62.36 S2968 42.46 S2930 44.89 S2968 43.25 S3156

58.28 S2968 38.06 S2930 41.24 S2968 38.00 S3157 60.38

59.41 S2968 38.23 S2930 43.00 S2968 40.42 S3158 59.62

65.48 S2968 43.19 S2930 46.36 S2968 44.60 S3159 61.89

61.62 S2968 47.70 S2930 50.12 S2968 49.40 S3160 70.3

62.89 S2968 49.75 S2930 55.58 S2968 54.50 S3161 72.45

69.41 S2968 52.88 S2930 55.72 S2968 54.88 S3162 74.49

70.93 S2968 52.60 S2930 53.15 S2968 50.40 S3163 71.87

70.93 S2968 52.38 S2930 54.25 S2968 52.38 S3164 72.21

74.40 S2968 52.75 S2930 53.05 S2968 51.68 S3165 72.21

73.04 S2968 50.94 S2930 55.44 S2968 53.59 S3166 81.38

63.82 S2968 47.10 S2930 49.50 S2968 48.31 S3167 80.56

58.85 S2968 44.05 S2930 50.25 S2968 49.21 S3168 75.48

59.13 S2968 46.00 S2930 51.19 S2968 48.20 S3169 79.33

62.00 S2968 49.75 S2930 51.75 S2968 50.69 S3170 81.03

54.24 S2968 51.29 S2930 51.19 S2968 50.14 S3171 77.83

59.25 S2968 52.90 S2930 52.70 S2968 51.64 S3172 81.69

60.60 S2968 55.38 S2930 53.59 S2968 53.48 S3173 81.18

63.94 S2968 56.12 S2930 51.94 S2968 51.36 S3174 85.86

63.45 S2968 56.00 S2930 51.30 S2968 50.25 S3175 84

67.49 S2968 61.60 S2930 57.70 S2968 56.25 S3176 86.68

74.14 S2968 67.31 S2930 59.00 S2968 58.18 S3177 89.09

72.38 S2968 69.35 S2930 63.06 S2968 60.18 S3178 97.88

79.91 S2968 68.44 S2930 63.06 S2968 62.81 S3179 107.68

85.90 S2968 74.81 S2930 74.12 S2968 73.12 S3180 120.52

94.76 S2968 84.60 S2930 91.30 S2968 89.75 S3181 151.38

91.36 S2968 91.00 S2930 96.12 S2968 94.25 S3182 148.63

92.98 S2968 91.75 S2930 102.18 S2968 100.62 S3183 150.38

95.38 S2968 132.00 S2930 117.20 S2968 115.00 S3184 160.77

105.47 S2968 118.25 S2930 113.00 S2968 111.00 S3185 170.57

112.62 S2968 123.00 S2930 110.50 S2968 108.75 S3186 150.56

Page 649: Economics of Photoelectricity - November 13 2012

125.01 S2968 133.20 S2930 122.20 S2968 120.70 S3187 170.98

133.93 S2968 159.75 S2930 143.88 S2968 142.38 S3188 201.83

133.38 S2968 180.00 S2930 170.75 S2968 167.75 S3189 255.92

116.64 S2968 158.40 S2930 158.75 S2968 156.90 S3190 218.75

103.94 S2968 150.00 S2930 149.13 S2968 147.75 S3191 222.95

76.61 S2968 108.00 S2930 112.05 S2968 109.70 S3192 176.28

57.29 S2968 92.25 S2930 90.56 S2968 89.38 S3193 127.75

41.44 S2968 78.65 S2930 78.38 S2968 77.25 S3194 90.13

41.74 S2968 79.40 S2930 77.70 S2968 76.40 S2968 98.47

39.15 S2968 75.38 S2930 69.94 S2968 69.06 S2968 89.48

47.52 S2968 61.00 S2930 57.31 S2968 58.56 S2968 67.61

49.81 S2968 63.56 S2930 59.13 S2968 62.88 S2968 76.71

59.12 S2968 64.50 S2930 55.40 S2968 58.03 S2968 68.95

69.62 S2968 71.38 S2930 56.88 S2968 60.20 S2968 82.31

64.12 S2968 73.80 S2930 57.60 S2968 61.10 S2968 76.3

71.06 S2968 72.50 S2930 57.50 S2968 64.25 S2968 82.43

69.44 S2968 67.64 S2930 52.88 S2968 61.13 S2968 78.34

75.77 S2968 71.07 S2930 55.75 S2968 64.35 S2968 81.78

77.99 S2968 78.80 S2930 55.13 S2968 66.44 S2968 88.55

74.49 S2968 83.10 S2930 57.75 S2968 73.80 S2968 90.1

78.36 S2968 97.00 S2930 63.06 S2968 86.94 S2968 109.90

76.41 S2968 94.19 S2930 60.19 S2968 83.36 S2968 91.23

81.25 S2968 94.38 S2930 60.69 S2968 82.96 S2968 86.80

84.48 S2968 100.15 S2930 69.30 S2968 88.70 S2968 87.97

73.73 S2968 100.13 S2930 78.63 S2968 90.94 S2968 105.79

75.35 S2968 98.19 S2930 80.13 S2968 92.81 S2968 106.00

76.35 S2968 95.98 S2930 81.65 S2968 90.61 S2968 108.87

76.60 S2968 89.78 S2930 79.19 S2968 87.90 S2968 110.53

75.29 S2968 94.90 S2930 79.13 S2968 85.82 S2968 106.61

81.90 S2968 97.45 S2930 85.20 S2968 90.99 S2968 112.09

84.24 S2968 107.16 S2930 91.38 S2968 103.20 S2968 122.96

89.15 S2968 118.29 S2930 107.13 S2968 115.24 S2968 137.12

89.41 S2968 132.48 S2930 115.38 S2968 122.62 S2968 150.28

89.53 S2968 128.36 S2930 111.63 S2968 117.74 S2968 142.50

102.92 S2968 126.13 S2930 116.50 S2968 121.00 S2968 140.78

109.96 S2968 122.34 S2930 119.80 S2968 124.03 S2968 147.96

101.28 S2968 118.38 S2930 115.00 S2968 120.46 S2968 148.00

96.25 S2968 119.28 S2930 114.38 S2968 119.01 S2968 142.30

97.31 S2968 120.00 S2930 114.83 S2968 116.27 S2968 142.45

86.32 S2968 119.27 S2930 115.50 S2968 118.27 S2968 147.21

85.58 S2968 122.55 S2930 111.43 S2968 115.62 S2968 146.34

86.41 S2968 118.99 S2930 103.56 S2968 110.88 S2968 138.51

97.12 S2968 113.80 S2930 101.63 S2968 105.47 S2968 137.17

98.56 S2968 109.66 S2930 98.35 S2968 104.19 S2968 130.19

100.29 S2969 115.90 S2930 96.30 S2968 106.26 S2968 128.28

102.21 S2932 115.15 S2930 90.41 S2968 105.30 S2968 118.65

106.15 S2932 105.08 S2932 88.60 S2968 103.43 S2968 113.47

103.28 S2932 100.75 S2932 88.25 S2968 101.33 S2968 114.56

94.68 S2931 94.46 S2931 79.70 S2931 93.77 S2931 102.87

82.36 S2931 85.61 S2931 78.72 S2931 85.31 S2931 102.87

87.9 S2931 88.24 S2970 81.13 S2931 87.33 S2931 104.87

94.11 S2970 91.00 S2970 85.82 S2968 89.11 S2968 109.05

94.51 S2970 90.00 S2970 82.13 S2968 86.00 S2968 107.57

Page 650: Economics of Photoelectricity - November 13 2012

LPG, Japan

Source ($/mmbtu) Source $/mmBTU Source ($/mmbtu) Source ($/mmbtu) Source

0.14 S2930 0.40 S2930

0.14 S2930 0.40 S2930

0.14 S2930 0.40 S2930

0.14 S2930 0.40 S2930

0.14 S2930 0.40 S2930

0.14 S2930 0.40 S2930

0.14 S2930 0.40 S2930

0.14 S2930 0.40 S2930

0.14 S2930 0.40 S2930

0.14 S2930 0.40 S2930

0.14 S2930 0.40 S2930

0.14 S2930 0.40 S2930

0.15 S2930 0.40 S2930

0.15 S2930 0.40 S2930

0.15 S2930 0.40 S2930

0.15 S2930 0.40 S2930

0.15 S2930 0.40 S2930

0.15 S2930 0.40 S2930

0.15 S2930 0.40 S2930

0.15 S2930 0.40 S2930

0.15 S2930 0.40 S2930

0.15 S2930 0.40 S2930

0.15 S2930 0.40 S2930

0.15 S2930 0.40 S2930

0.16 S2930 0.40 S2930

0.16 S2930 0.40 S2930

0.16 S2930 0.40 S2930

0.16 S2930 0.40 S2930

0.16 S2930 0.40 S2930

0.16 S2930 0.40 S2930

0.16 S2930 0.40 S2930

0.16 S2930 0.40 S2930

0.16 S2930 0.40 S2930

0.16 S2930 0.40 S2930

0.16 S2930 0.40 S2930

0.16 S2930 0.40 S2930

0.16 S2930 0.39 S2930

0.16 S2930 0.39 S2930

0.16 S2930 0.39 S2930

0.16 S2930 0.39 S2930

0.16 S2930 0.39 S2930

0.16 S2930 0.39 S2930

0.16 S2930 0.39 S2930

0.16 S2930 0.39 S2930

0.16 S2930 0.39 S2930

0.16 S2930 0.39 S2930

0.16 S2930 0.39 S2930

0.16 S2930 0.39 S2930

0.15 S2930 0.38 S2930

0.15 S2930 0.38 S2930

0.15 S2930 0.38 S2930

0.15 S2930 0.38 S2930

0.15 S2930 0.38 S2930

0.15 S2930 0.38 S2930

0.15 S2930 0.38 S2930

0.15 S2930 0.38 S2930

0.15 S2930 0.38 S2930

0.15 S2930 0.38 S2930

0.15 S2930 0.38 S2930

0.15 S2930 0.38 S2930

Natural gas, US

Henry Hub Gulf Coast NG Spot

PriceNatural gas,

Europe

Page 651: Economics of Photoelectricity - November 13 2012

0.16 S2930 0.41 S2930

0.16 S2930 0.41 S2930

0.16 S2930 0.41 S2930

0.16 S2930 0.41 S2930

0.16 S2930 0.41 S2930

0.16 S2930 0.41 S2930

0.16 S2930 0.41 S2930

0.16 S2930 0.41 S2930

0.16 S2930 0.41 S2930

0.16 S2930 0.41 S2930

0.16 S2930 0.41 S2930

0.16 S2930 0.41 S2930

0.16 S2930 0.42 S2930

0.16 S2930 0.42 S2930

0.16 S2930 0.42 S2930

0.16 S2930 0.42 S2930

0.16 S2930 0.42 S2930

0.16 S2930 0.42 S2930

0.16 S2930 0.42 S2930

0.16 S2930 0.42 S2930

0.16 S2930 0.42 S2930

0.16 S2930 0.42 S2930

0.16 S2930 0.42 S2930

0.16 S2930 0.42 S2930

0.16 S2930 0.46 S2930

0.16 S2930 0.46 S2930

0.16 S2930 0.46 S2930

0.16 S2930 0.46 S2930

0.16 S2930 0.46 S2930

0.16 S2930 0.46 S2930

0.16 S2930 0.46 S2930

0.16 S2930 0.46 S2930

0.16 S2930 0.46 S2930

0.16 S2930 0.46 S2930

0.16 S2930 0.46 S2930

0.16 S2930 0.46 S2930

0.16 S2930 0.45 S2930

0.16 S2930 0.45 S2930

0.16 S2930 0.45 S2930

0.16 S2930 0.45 S2930

0.16 S2930 0.45 S2930

0.16 S2930 0.45 S2930

0.16 S2930 0.45 S2930

0.16 S2930 0.45 S2930

0.16 S2930 0.45 S2930

0.16 S2930 0.45 S2930

0.16 S2930 0.45 S2930

0.16 S2930 0.45 S2930

0.17 S2930 0.45 S2930

0.17 S2930 0.45 S2930

0.17 S2930 0.45 S2930

0.17 S2930 0.45 S2930

0.17 S2930 0.45 S2930

0.17 S2930 0.45 S2930

0.17 S2930 0.45 S2930

0.17 S2930 0.45 S2930

0.17 S2930 0.45 S2930

0.17 S2930 0.45 S2930

0.17 S2930 0.45 S2930

0.17 S2930 0.45 S2930

0.17 S2930 0.45 S2930

0.17 S2930 0.45 S2930

0.17 S2930 0.45 S2930

0.17 S2930 0.45 S2930

0.17 S2930 0.45 S2930

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0.17 S2930 0.45 S2930

0.17 S2930 0.45 S2930

0.17 S2930 0.45 S2930

0.17 S2930 0.45 S2930

0.17 S2930 0.45 S2930

0.17 S2930 0.45 S2930

0.17 S2930 0.45 S2930

0.18 S2930 0.50 S2930

0.18 S2930 0.50 S2930

0.18 S2930 0.50 S2930

0.18 S2930 0.50 S2930

0.18 S2930 0.50 S2930

0.18 S2930 0.50 S2930

0.18 S2930 0.50 S2930

0.18 S2930 0.50 S2930

0.18 S2930 0.50 S2930

0.18 S2930 0.50 S2930

0.18 S2930 0.50 S2930

0.18 S2930 0.50 S2930

0.19 S2930 0.54 S2930

0.19 S2930 0.54 S2930

0.19 S2930 0.54 S2930

0.19 S2930 0.54 S2930

0.19 S2930 0.54 S2930

0.19 S2930 0.54 S2930

0.19 S2930 0.54 S2930

0.19 S2930 0.54 S2930

0.19 S2930 0.54 S2930

0.19 S2930 0.54 S2930

0.19 S2930 0.54 S2930

0.19 S2930 0.54 S2930

0.21 S2930 0.69 S2930

0.21 S2930 0.69 S2930

0.21 S2930 0.69 S2930

0.21 S2930 0.69 S2930

0.21 S2930 0.69 S2930

0.21 S2930 0.69 S2930

0.21 S2930 0.69 S2930

0.21 S2930 0.69 S2930

0.21 S2930 0.69 S2930

0.21 S2930 0.69 S2930

0.21 S2930 0.69 S2930

0.21 S2930 0.69 S2930

0.29 S2930 1.73 S2930

0.29 S2930 1.73 S2930

0.29 S2930 1.73 S2930

0.29 S2930 1.73 S2930

0.29 S2930 1.73 S2930

0.29 S2930 1.73 S2930

0.29 S2930 1.73 S2930

0.29 S2930 1.73 S2930

0.29 S2930 1.73 S2930

0.29 S2930 1.73 S2930

0.29 S2930 1.73 S2930

0.29 S2930 1.73 S2930

0.43 S2930 1.68 S2930

0.43 S2930 1.68 S2930

0.43 S2930 1.68 S2930

0.43 S2930 1.68 S2930

0.43 S2930 1.68 S2930

0.43 S2930 1.68 S2930

0.43 S2930 1.68 S2930

0.43 S2930 1.68 S2930

0.43 S2930 1.68 S2930

0.43 S2930 1.68 S2930

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0.43 S2930 1.68 S2930

0.43 S2930 1.68 S2930

0.54 S2930 1.74 S2930

0.54 S2930 1.74 S2930

0.54 S2930 1.74 S2930

0.55 S2930 1.74 S2930

0.55 S2930 1.74 S2930

0.58 S2930 1.74 S2930

0.58 S2930 1.74 S2930

0.60 S2930 1.74 S2930

0.60 S2930 1.74 S2930

0.62 S2930 1.74 S2930

0.63 S2930 1.74 S2930

0.64 S2930 1.74 S2930

0.67 S2930 1.79 S2930 2.77 S2930

0.71 S2930 1.79 S2930 2.77 S2930

0.75 S2930 1.79 S2930 2.77 S2930

0.77 S2930 1.79 S2930 2.77 S2930

0.77 S2930 1.79 S2930 2.77 S2930

0.82 S2930 1.79 S2930 2.77 S2930

0.83 S2930 1.79 S2930 2.77 S2930

0.82 S2930 1.79 S2930 2.77 S2930

0.83 S2930 1.79 S2930 2.77 S2930

0.84 S2930 1.79 S2930 2.77 S2930

0.83 S2930 1.79 S2930 2.77 S2930

0.84 S2930 1.79 S2930 2.77 S2930

0.87 S2930 2.30 S2930 3.04 S2930

0.88 S2930 2.30 S2930 3.04 S2930

0.89 S2930 2.30 S2930 3.04 S2930

0.88 S2930 2.30 S2930 3.04 S2930

0.91 S2930 2.30 S2930 3.04 S2930

0.91 S2930 2.30 S2930 3.04 S2930

0.89 S2930 2.30 S2930 3.04 S2930

0.91 S2930 2.30 S2930 3.04 S2930

0.92 S2930 2.30 S2930 3.04 S2930

0.92 S2930 2.30 S2930 3.04 S2930

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1.28 S2930 3.26 S2930 3.69 S2930

1.29 S2930 3.26 S2930 3.69 S2930

1.31 S2930 3.26 S2930 3.69 S2930

1.37 S2930 4.22 S2930 5.70 S2930

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1.64 S2930 4.22 S2930 5.70 S2930

1.64 S2930 4.22 S2930 5.70 S2930

1.69 S2930 4.22 S2930 5.70 S2930

1.71 S2930 4.22 S2930 5.70 S2930

1.76 S2930 4.22 S2930 5.70 S2930

1.74 S2930 4.22 S2930 5.70 S2930

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2.67 S2930 3.76 S2930 5.24 S2930

2.71 S2930 3.76 S2930 5.24 S2930

2.67 S2930 3.76 S2930 5.24 S2930

2.64 S2930 3.76 S2930 5.24 S2930

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2.70 S2930 3.76 S2930 5.24 S2930

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2.64 S2930 3.65 S2930 5.23 S2930

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2.28 S2930 3.65 S2930 5.23 S2930

2.28 S2930 3.65 S2930 4.10 S2930

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1.78 S2930 2.09 S2930 3.28 S2930

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1.60 S2930 2.09 S2930 3.28 S2930

1.90 S2930 2.09 S2930 3.28 S2930

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2.39 S2930 2.82 S2930 3.64 S2930

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1.67 S2930 3.44 S2930 3.99 S2930

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1.34 S2930 3.33 S2930 3.99 S2930

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1.31 S2930 3.37 S2930 3.99 S2930

1.20 S2930 3.29 S2930 3.99 S2930

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2.02 S2930 2.62 S2930 3.39 S2930

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2.71 S2930 2.36 S2930 3.19 S2930

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1.66 S2930 2.46 S2930 3.24 S2930

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1.51 S2930 2.56 S2930 3.26 S2930

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1.72 S2930 2.56 S2930 3.29 S2930

1.51 S2930 2.66 S2930 3.36 S2930

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1.62 S2930 2.71 S2930 3.45 S2930

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2.04 S2930 2.75 S2930 3.41 S2930

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4.40 S2930 2.77 S2930 3.48 S2930

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2.03 S2930 2.79 S2930 3.68 S2930

1.84 S2930 2.79 S2930 3.68 S2930

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3.03 S2930 2.96 S2930 4.03 S2930

3.82 S2930 2.96 S2930 4.08 S2930

3.31 S2930 3.45 S2926 2.89 S2930 4.13 S2930

2.22 S2930 2.15 S2926 2.89 S2930 4.22 S2930

1.89 S2930 1.89 S2926 2.83 S2930 4.25 S2930

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1.89 S2930 1.91 S2926 2.17 S2930 2.76 S2930

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1.74 S2930 1.72 S2926 2.13 S2930 2.72 S2930

1.86 S2930 1.85 S2926 2.02 S2930 2.77 S2930

1.77 S2930 1.77 S2926 2.01 S2930 2.78 S2930

1.79 S2930 1.79 S2926 1.95 S2930 2.78 S2930

2.15 S2930 2.15 S2926 1.87 S2930 2.76 S2930

2.25 S2930 2.26 S2926 1.89 S2930 2.88 S2930

2.30 S2930 2.30 S2926 1.91 S2930 2.93 S2930

2.31 S2930 2.31 S2926 2.00 S2930 2.99 S2930

2.79 S2930 2.80 S2926 2.08 S2930 3.17 S2930

2.54 S2930 2.55 S2926 2.20 S2930 3.35 S2930

2.72 S2930 2.73 S2926 2.47 S2930 3.57 S2930

2.36 S2930 2.37 S2926 2.51 S2930 3.73 S2930

2.36 S2930 2.36 S2926 2.66 S2930 3.94 S2930

2.42 S2930 2.42 S2926 3.36 S2930 4.15 S2930

2.65 S2930 2.66 S2926 3.46 S2930 4.21 S2930

2.79 S2930 2.79 S2926 3.51 S2930 4.46 S2930

3.03 S2930 3.04 S2926 3.68 S2930 4.64 S2930

3.58 S2930 3.59 S2926 3.55 S2930 4.53 S2930

4.28 S2930 4.29 S2926 3.60 S2930 4.74 S2930

3.96 S2930 3.99 S2926 3.96 S2930 4.86 S2930

4.41 S2930 4.43 S2926 4.01 S2930 4.84 S2930

5.06 S2930 5.06 S2926 4.03 S2930 4.90 S2930

5.02 S2930 5.02 S2926 4.31 S2930 5.04 S2930

5.55 S2930 5.52 S2926 4.39 S2930 5.13 S2930

8.95 S2930 8.90 S2926 4.44 S2930 5.05 S2930

8.17 S2930 8.17 S2926 4.65 S2930 4.88 S2930

5.63 S2930 5.61 S2926 4.59 S2930 4.80 S2930

5.16 S2930 5.23 S2926 4.57 S2930 4.87 S2930

5.17 S2930 5.19 S2926 4.48 S2930 4.73 S2930

4.21 S2930 4.19 S2926 4.36 S2930 4.66 S2930

3.71 S2930 3.72 S2926 4.33 S2930 4.69 S2930

3.10 S2930 3.11 S2926 3.75 S2930 4.66 S2930

2.95 S2930 2.97 S2926 3.79 S2930 4.54 S2930

2.15 S2930 2.19 S2926 3.79 S2930 4.54 S2930

2.45 S2930 2.46 S2926 3.52 S2930 4.59 S2930

2.36 S2930 2.34 S2926 3.46 S2930 4.38 S2930

2.41 S2930 2.30 S2926 3.40 S2930 4.27 S2930

2.25 S2930 2.32 S2926 3.06 S2930 4.21 S2930

2.31 S2930 2.32 S2926 3.03 S2930 4.12 S2930

3.03 S2930 3.03 S2926 2.97 S2930 3.99 S2930

3.42 S2930 3.43 S2926 2.81 S2930 3.96 S2930

3.49 S2930 3.50 S2926 2.83 S2930 4.01 S2930

3.22 S2930 3.26 S2926 2.90 S2930 4.06 S2930

2.98 S2930 2.99 S2926 2.95 S2930 4.56 S2930

3.09 S2930 3.09 S2926 3.01 S2930 4.35 S2930

3.57 S2930 3.55 S2926 3.08 S2930 4.46 S2930

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5.29 S2930 5.26 S2926 4.03 S2930 4.78 S2930

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4.53 S2930 4.47 S2926 3.90 S2930 4.72 S2930

6.13 S2930 6.13 S2926 3.97 S2930 4.75 S2930

6.09 S2930 6.14 S2926 3.87 S2930 4.75 S2930

5.38 S2930 5.37 S2926 3.89 S2930 4.81 S2930

5.40 S2930 5.39 S2926 3.86 S2930 4.88 S2930

5.72 S2930 5.71 S2926 3.92 S2930 4.91 S2930

6.34 S2930 6.33 S2926 3.95 S2930 4.91 S2930

6.27 S2930 6.27 S2926 4.01 S2930 5.04 S2930

5.93 S2930 5.93 S2926 4.28 S2930 5.07 S2930

5.40 S2930 5.41 S2926 4.34 S2930 5.16 S2930

5.14 S2930 5.15 S2926 4.41 S2930 5.43 S2930

6.41 S2930 6.35 S2926 4.83 S2930 5.55 S2930

6.09 S2930 6.17 S2926 4.96 S2930 5.45 S2930

6.58 S2930 6.58 S2926 5.01 S2930 5.57 S2930

6.15 S2930 6.15 S2926 5.46 S2930 5.42 S2930

6.14 S2930 6.14 S2926 5.49 S2930 5.58 S2930

6.97 S2930 6.96 S2926 5.52 S2930 5.59 S2930

7.15 S2930 7.16 S2926 5.86 S2930 5.67 S2930

6.47 S2930 6.47 S2926 5.89 S2930 5.74 S2930

7.19 S2930 7.18 S2926 5.91 S2930 5.68 S2930

7.63 S2930 7.63 S2926 6.42 S2930 6.03 S2930

9.63 S2930 9.53 S2926 6.56 S2930 6.20 S2930

12.88 S2930 11.75 S2926 6.58 S2930 6.39 S2930

13.52 S2930 13.42 S2926 7.28 S2930 6.48 S2930

S2966 10.43 S2930 10.30 S2926 7.46 S2930 6.61 S2930

S2965 12.83 S2930 13.05 S2926 7.49 S2930 6.49 S2930

S2965 8.66 S2930 8.69 S2926 7.96 S2930 6.53 S2930

S2965 7.49 S2930 7.54 S2926 7.95 S2930 7.04 S2930

S2941 6.90 S2930 6.89 S2926 7.99 S2930 6.88 S2930

S2941 7.09 S2930 7.16 S2926 8.24 S2930 6.93 S2930

S2938 6.20 S2930 6.25 S2926 8.28 S2930 6.92 S2930

S2938 6.19 S2930 6.21 S2926 8.29 S2930 7.10 S2930

S2938 6.25 S2930 6.17 S2926 8.58 S2930 6.86 S2930

S2964 7.00 S2930 7.14 S2926 8.71 S2930 7.23 S2930

S2964 4.86 S2930 4.90 S2926 8.77 S2930 7.65 S2930

S2963 5.96 S2930 5.85 S2926 8.97 S2930 7.20 S2930

S2963 7.45 S2930 7.41 S2926 8.99 S2930 7.21 S2930

S2963 6.58 S2930 6.73 S2926 8.92 S2930 7.35 S2930

S2927 6.58 S2930 6.55 S2926 8.59 S2930 7.11 S2930

S2927 7.97 S2930 8.00 S2926 8.56 S2930 6.89 S2930

S2927 7.12 S2930 7.11 S2926 8.37 S2930 6.86 S2930

S2961 7.59 S2930 7.60 S2926 8.00 S2930 7.09 S2930

S2962 7.61 S2930 7.64 S2926 7.98 S2930 7.22 S2930

S2962 7.30 S2930 7.35 S2926 8.03 S2930 7.11 S2930

S2962 6.22 S2930 6.22 S2926 8.13 S2930 7.26 S2930

S2961 6.20 S2930 6.22 S2926 8.34 S2930 7.70 S2930

S2961 6.10 S2930 6.08 S2926 8.54 S2930 8.09 S2930

S2961 6.80 S2930 6.74 S2926 9.16 S2930 8.55 S2930

S2960 7.14 S2930 7.10 S2926 9.47 S2930 9.14 S2930

S2960 7.15 S2930 7.11 S2926 9.49 S2930 9.18 S2930

S2960 8.00 S2930 7.99 S2926 10.70 S2930 9.94 S2930

S2959 8.55 S2930 8.54 S2926 10.84 S2930 10.46 S2930

S2959 9.40 S2930 9.41 S2926 11.04 S2930 10.96 S2930

S2959 10.13 S2930 10.18 S2926 12.19 S2930 11.42 S2930

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S2958 11.23 S2930 11.27 S2926 12.38 S2930 11.63 S2930

S2958 12.68 S2930 12.69 S2926 12.63 S2930 12.07 S2930

S2958 11.15 S2930 11.09 S2926 14.37 S2930 12.35 S2930

S2947 8.25 S2930 8.26 S2926 14.64 S2930 13.25 S2930

S2947 7.69 S2930 7.67 S2926 14.85 S2930 14.39 S2930

S2947 6.73 S2930 6.74 S2926 15.93 S2930 15.01 S2930

S2935 6.67 S2930 6.68 S2926 15.81 S2930 15.06 S2930

S2935 5.79 S2930 5.82 S2926 15.50 S2930 13.78 S2930

S2935 5.24 S2930 5.24 S2926 13.89 S2930 12.71 S2930

S2939 4.52 S2930 4.52 S2926 11.04 S2930 10.52 S2930

S2939 3.95 S2930 3.96 S2926 10.90 S2930 9.48 S2930

S2939 3.50 S2930 3.50 S2926 8.51 S2930 8.12 S2930

S2946 3.81 S2930 3.83 S2926 8.09 S2930 7.50 S2930

S2946 3.80 S2930 3.80 S2926 7.95 S2930 7.18 S2930

S2946 3.39 S2930 3.38 S2926 6.67 S2930 7.55 S2930

S2936 3.15 S2930 3.14 S2926 6.92 S2930 7.76 S2930

S2936 2.96 S2930 2.99 S2926 7.13 S2930 8.42 S2930

S2936 4.02 S2930 4.01 S2926 7.60 S2930 9.10 S2930

S2945 3.69 S2930 3.66 S2926 7.81 S2930 9.13 S2930

S2937 5.37 S2930 5.35 S2926 8.01 S2930 9.76 S2930

S2928 5.81 S2930 5.83 S2926 8.80 S2930 10.02 S2930

S2928 5.34 S2930 5.32 S2926 8.80 S2930 10.52 S2930

S2928 4.29 S2930 4.29 S2926 8.93 S2930 10.42 S2930

S2928 4.01 S2930 4.03 S2926 7.52 S2930 10.98 S2930

S2928 4.16 S2930 4.14 S2926 7.27 S2930 11.39 S2930

S2928 4.79 S2930 4.80 S2926 7.74 S2930 10.48 S2930

S2928 4.63 S2930 4.63 S2926 8.04 S2930 11.32 S2930

S2928 4.31 S2930 4.32 S2926 8.45 S2930 11.30 S2930

S2928 3.90 S2930 3.89 S2926 8.28 S2930 11.03 S2930

S2928 3.43 S2930 3.43 S2926 8.29 S2930 11.13 S2930

S2928 3.73 S2930 3.71 S2926 8.59 S2930 10.84 S2930

S2928 4.24 S2930 4.25 S2926 8.74 S2930 10.75 S2930

S2928 4.49 S2930 4.49 S2926 9.61 S2930 11.45 S2930

S2928 4.07 S2930 4.09 S2926 9.36 S2930 12.02 S2930

S2928 3.97 S2930 3.97 S2926 9.37 S2930 12.50 S2930

S2928 4.24 S2930 4.24 S2926 10.36 S2930 12.99 S2930

S2928 4.31 S2930 4.31 S2926 10.30 S2930 13.61 S2930

S2928 4.55 S2930 4.54 S2926 10.26 S2930 14.52 S2930

S2928 4.41 S2930 4.42 S2926 10.99 S2930 16.22 S2930

S2928 4.05 S2930 4.06 S2926 10.81 S2930 16.55 S2930

S2928 3.90 S2930 3.90 S2926 10.85 S2930 16.27 S2930

S2928 3.57 S2930 3.57 S2926 11.42 S2930 16.48 S2930

S2928 3.24 S2930 3.24 S2926 11.32 S2930 16.78 S2930

S2928 3.16 S2930 3.17 S2926 11.53 S2930 16.48 S2930

S2944 2.68 S2930 2.67 S2926 11.45 S2930 16.50 S2930

S2944 2.52 S2930 2.51 S2926 11.12 S2930 16.03 S2932

S2940 2.17 S2932 2.17 S2926 11.97 S2932 16.00 S2932

S2940 1.95 S2932 1.95 S2926 11.42 S2932 16.00 S2932

S2940 2.44 S2931 2.43 S2926 11.64 S2931 17.12 S2931

S2943 2.46 S2931 2.46 S2926 11.49 S2931 17.00 S2931

S2942 2.95 S2931 2.95 S2926 11.13 S2931 18.11 S2970

S2942 2.84 S2970 2.84 S2926 11.18 S2970 17.80 S2970

S2942 2.84 S2970 2.85 S2926 11.08 S2970 17.72 S2970

Page 660: Economics of Photoelectricity - November 13 2012

Copper Silver

($/mt) Source ($/toz) Source

715 S2930

728 S2930

685 S2930

723 S2930

685 S2930

692 S2930

702 S2930

676 S2930

647 S2930

613 S2930

642 S2930

637 S2930

607 S2930

617 S2930

621 S2930

632 S2930

668 S2930

652 S2930

633 S2930

636 S2930

633 S2930

630 S2930

632 S2930

635 S2930

635 S2930

648 S2930

648 S2930

646 S2930

646 S2930

646 S2930

646 S2930

646 S2930

646 S2930

646 S2930

646 S2930

646 S2930

646 S2930

646 S2930

646 S2930

646 S2930

646 S2930

646 S2930

646 S2930

646 S2930

646 S2930

646 S2930

646 S2930

650 S2930

656 S2930

694 S2930

745 S2930

862 S2930

828 S2930

808 S2930

855 S2930

999 S2930

1162 S2930

1358 S2930

1400 S2930

1269 S2930

Page 661: Economics of Photoelectricity - November 13 2012

1001 S2930

1180 S2930

1237 S2930

1348 S2930

1379 S2930

1309 S2930

1134 S2930

1210 S2930

1328 S2930

1402 S2930

1469 S2930

1518 S2930

1679 S2930

1874 S2930

1875 S2930

1907 S2930

1664 S2930

1696 S2930

1568 S2930

1195 S2930

1128 S2930

1275 S2930

1302 S2930

1215 S2930

1244 S2930

1220 S2930

1098 S2930

995 S2930

1036 S2930

1015 S2930

997 S2930

1045 S2930

1060 S2930

1138 S2930

1444 S2930

1324 S2930

1409 S2930

1720 S2930

1701 S2930

1255 S2930

1097 S2930

1137 S2930

1054 S2930

1056 S2930

1110 S2930

1080 S2930

1100 S2930

1185 S2930

1256 S2930

1285 S2930

1278 S2930

1388 S2930

1392 S2930

1483 S2930

1454 S2930

1607 S2930

1579 S2930

1554 S2930

1631 S2930

1700 S2930

1626 S2930 1.91 S2930

1657 S2930 1.90 S2930

1754 S2930 1.88 S2930

1742 S2930 1.73 S2930

1598 S2930 1.63 S2930

Page 662: Economics of Photoelectricity - November 13 2012

1458 S2930 1.65 S2930

1367 S2930 1.77 S2930

1267 S2930 1.84 S2930

1247 S2930 1.73 S2930

1142 S2930 1.77 S2930

1085 S2930 1.66 S2930

1046 S2930 1.63 S2930

1010 S2930 1.64 S2930

1020 S2930 1.60 S2930

1144 S2930 1.67 S2930

1252 S2930 1.73 S2930

1114 S2930 1.67 S2930

1074 S2930 1.61 S2930

1115 S2930 1.58 S2930

1098 S2930 1.59 S2930

1056 S2930 1.42 S2930

1041 S2930 1.34 S2930

1014 S2930 1.32 S2930

1038 S2930 1.39 S2930

1078 S2930 1.47 S2930

1112 S2930 1.50 S2930

1108 S2930 1.54 S2930

1133 S2930 1.57 S2930

1106 S2930 1.58 S2930

1063 S2930 1.57 S2930

1035 S2930 1.74 S2930

1047 S2930 1.85 S2930

1061 S2930 1.78 S2930

918 S2930 1.81 S2930

1007 S2930 1.83 S2930

1024 S2930 1.98 S2930

1119 S2930 2.02 S2930

1244 S2930 2.24 S2930

1510 S2930 2.31 S2930

1588 S2930 2.21 S2930

1552 S2930 2.40 S2930

1749 S2930 2.62 S2930

2021 S2930 2.71 S2930

2123 S2930 2.64 S2930

1936 S2930 2.68 S2930

2065 S2930 2.89 S2930

2273 S2930 2.86 S2930

2244 S2930 3.14 S2930

2032 S2930 3.64 S2930

2292 S2930 5.36 S2930

2743 S2930 5.33 S2930

3032 S2930 5.04 S2930

2876 S2930 5.43 S2930

2440 S2930 4.90 S2930

1919 S2930 4.42 S2930

1803 S2930 4.43 S2930

1461 S2930 4.05 S2930

1399 S2930 4.83 S2930

1417 S2930 4.69 S2930

1289 S2930 4.39 S2930

1211 S2930 4.19 S2930

1267 S2930 4.37 S2930

1344 S2930 4.33 S2930

1329 S2930 4.21 S2930

1254 S2930 4.54 S2930

1193 S2930 4.49 S2930

1222 S2930 4.70 S2930

1277 S2930 4.93 S2930

1210 S2930 4.52 S2930

1179 S2930 4.33 S2930

Page 663: Economics of Photoelectricity - November 13 2012

1180 S2930 4.33 S2930

1151 S2930 4.08 S2930

1193 S2930 4.06 S2930

1219 S2930 4.09 S2930

1329 S2930 4.19 S2930

1510 S2930 4.36 S2930

1512 S2930 4.49 S2930

1550 S2930 4.81 S2930

1647 S2930 4.77 S2930

1539 S2930 4.24 S2930

1459 S2930 4.30 S2930

1285 S2930 4.23 S2930

1279 S2930 4.37 S2930

1287 S2930 4.35 S2930

1396 S2930 4.41 S2930

1426 S2930 4.54 S2930

1515 S2930 4.84 S2930

1429 S2930 4.78 S2930

1371 S2930 4.69 S2930

1312 S2930 4.44 S2930

1248 S2930 4.50 S2930

1160 S2930 4.44 S2930

1195 S2930 4.54 S2930

1210 S2930 4.76 S2930

1182 S2930 4.83 S2930

1261 S2930 4.71 S2930

1261 S2930 4.93 S2930

1217 S2930 4.94 S2930

1254 S2930 5.27 S2930

1285 S2930 5.12 S2930

1303 S2930 5.12 S2930

1333 S2930 5.32 S2930

1337 S2930 5.33 S2930

1426 S2930 5.49 S2930

1442 S2930 5.57 S2930

1506 S2930 5.92 S2930

1481 S2930 5.87 S2930

1533 S2930 5.93 S2930

1659 S2930 6.25 S2930

1944 S2930 7.42 S2930

2050 S2930 7.45 S2930

2100 S2930 7.49 S2930

1926 S2930 8.37 S2930

1878 S2930 8.54 S2930

1814 S2930 9.14 S2930

1976 S2930 9.33 S2930

2096 S2930 13.96 S2930

2076 S2930 16.78 S2930

2090 S2930 16.60 S2930

2214 S2930 21.79 S2930

2601 S2930 38.26 S2930

2918 S2930 35.09 S2930

2306 S2930 24.18 S2930

2070 S2930 14.50 S2930

2037 S2930 12.53 S2930

2006 S2930 15.75 S2930

2176 S2930 16.06 S2930

2082 S2930 15.90 S2930

2060 S2930 20.14 S2930

2040 S2930 20.18 S2930

2010 S2930 18.65 S2930

1879 S2930 16.39 S2930

1869 S2930 14.75 S2930

1801 S2930 13.02 S2930

1818 S2930 12.34 S2930

Page 664: Economics of Photoelectricity - November 13 2012

1821 S2930 11.44 S2930

1742 S2930 10.85 S2930

1700 S2930 10.00 S2930

1682 S2930 8.63 S2930

1787 S2930 8.92 S2930

1710 S2930 10.04 S2930

1666 S2930 9.25 S2930

1651 S2930 8.55 S2930

1655 S2930 8.43 S2930

1611 S2930 8.03 S2930

1598 S2930 8.27 S2930

1510 S2930 7.21 S2930

1522 S2930 7.31 S2930

1528 S2930 6.67 S2930

1300 S2930 5.58 S2930

1441 S2930 6.50 S2930

1452 S2930 7.14 S2930

1427 S2930 8.73 S2930

1461 S2930 9.46 S2930

1444 S2930 9.89 S2930

1473 S2930 10.59 S2930

1572 S2930 12.40 S2930

1647 S2930 13.96 S2930

1598 S2930 10.62 S2930

1675 S2930 11.69 S2930

1766 S2930 12.98 S2930

1701 S2930 11.75 S2930

1704 S2930 12.09 S2930

1640 S2930 12.10 S2930

1561 S2930 11.92 S2930

1435 S2930 9.84 S2930

1389 S2930 8.84 S2930

1415 S2930 9.12 S2930

1376 S2930 8.18 S2930

1430 S2930 9.13 S2930

1501 S2930 9.65 S2930

1533 S2930 9.22 S2930

1421 S2930 8.97 S2930

1367 S2930 8.74 S2930

1331 S2930 7.42 S2930

1338 S2930 7.61 S2930

1294 S2930 7.26 S2930

1273 S2930 7.32 S2930

1345 S2930 7.49 S2930

1321 S2930 6.69 S2930

1359 S2930 6.10 S2930

1389 S2930 6.07 S2930

1390 S2930 6.01 S2930

1502 S2930 6.46 S2930

1531 S2930 6.28 S2930

1432 S2930 6.17 S2930

1475 S2930 6.10 S2930

1420 S2930 6.25 S2930

1366 S2930 6.05 S2930

1385 S2930 6.19 S2930

1370 S2930 6.13 S2930

1391 S2930 5.89 S2930

1418 S2930 6.05 S2930

1406 S2930 5.87 S2930

1445 S2930 5.64 S2930

1435 S2930 5.23 S2930

1419 S2930 5.11 S2930

1413 S2930 5.15 S2930

1344 S2930 5.05 S2930

1303 S2930 5.22 S2930

Page 665: Economics of Photoelectricity - November 13 2012

1347 S2930 5.68 S2930

1317 S2930 5.67 S2930

1303 S2930 5.60 S2930

1336 S2930 5.36 S2930

1346 S2930 5.53 S2930

1380 S2930 5.49 S2930

1466 S2930 5.68 S2930

1484 S2930 7.43 S2930

1520 S2930 8.44 S2930

1572 S2930 7.41 S2930

1695 S2930 7.68 S2930

1756 S2930 7.85 S2930

1811 S2930 7.59 S2930

1967 S2930 7.56 S2930

2524 S2930 6.66 S2930

2869 S2930 6.79 S2930

2663 S2930 6.73 S2930

2330 S2930 6.32 S2930

2359 S2930 6.41 S2930

2286 S2930 6.48 S2930

2448 S2930 6.54 S2930

2540 S2930 7.04 S2930

2214 S2930 7.15 S2930

2201 S2930 6.71 S2930

2436 S2930 6.36 S2930

2940 S2930 6.28 S2930

3305 S2930 6.28 S2930

3499 S2930 6.11 S2930

3394 S2930 5.97 S2930

3097 S2930 5.89 S2930

3264 S2930 5.93 S2930

3118 S2930 5.79 S2930

2739 S2930 5.45 S2930

2546 S2930 5.28 S2930

2505 S2930 5.24 S2930

2762 S2930 5.18 S2930

2884 S2930 5.13 S2930

2861 S2930 5.13 S2930

2591 S2930 5.47 S2930

2419 S2930 5.53 S2930

2367 S2930 5.24 S2930

2360 S2930 5.28 S2930

2626 S2930 5.06 S2930

2686 S2930 5.05 S2930

2742 S2930 5.07 S2930

2585 S2930 4.91 S2930

2769 S2930 4.86 S2930

2957 S2930 4.98 S2930

3031 S2930 4.79 S2930

2744 S2930 4.37 S2930

2586 S2930 4.17 S2930

2485 S2930 4.07 S2930

2449 S2930 4.03 S2930

2449 S2930 3.72 S2930

2410 S2930 3.97 S2930

2472 S2930 3.97 S2930

2306 S2930 4.04 S2930

2219 S2930 4.39 S2930

2236 S2930 4.30 S2930

2233 S2930 3.94 S2930

2325 S2930 4.04 S2930

2364 S2930 4.10 S2930

2380 S2930 4.06 S2930

2223 S2930 3.91 S2930

2139 S2930 4.12 S2930

Page 666: Economics of Photoelectricity - November 13 2012

2206 S2930 4.14 S2930

2227 S2930 4.10 S2930

2215 S2930 4.03 S2930

2217 S2930 4.07 S2930

2299 S2930 4.06 S2930

2520 S2930 3.95 S2930

2522 S2930 3.80 S2930

2414 S2930 3.76 S2930

2249 S2930 3.74 S2930

2158 S2930 3.76 S2930

2207 S2930 3.71 S2930

2257 S2930 3.68 S2930

2213 S2930 3.64 S2930

2153 S2930 3.65 S2930

1950 S2930 3.96 S2930

1795 S2930 4.45 S2930

1853 S2930 4.38 S2930

1927 S2930 5.04 S2930

1947 S2930 4.81 S2930

1862 S2930 4.17 S2930

1646 S2930 4.33 S2930

1630 S2930 4.50 S2930

1724 S2930 4.97 S2930

1805 S2930 5.13 S2930

1866 S2930 5.27 S2930

1915 S2930 5.45 S2930

1882 S2930 5.31 S2930

2151 S2930 5.44 S2930

2364 S2930 5.39 S2930

2458 S2930 5.29 S2930

2406 S2930 5.20 S2930

2506 S2930 5.53 S2930

2548 S2930 5.44 S2930

2802 S2930 5.20 S2930

2985 S2930 4.77 S2930

3009 S2930 4.76 S2930

2878 S2930 4.70 S2930

2924 S2930 4.65 S2930

2904 S2930 5.52 S2930

2773 S2930 5.55 S2930

2995 S2930 5.35 S2930

3076 S2930 5.18 S2930

3037 S2930 5.40 S2930

2916 S2930 5.41 S2930

2814 S2930 5.34 S2930

2977 S2930 5.29 S2930

2926 S2930 5.14 S2930

2616 S2930 5.47 S2930

2538 S2930 5.63 S2930

2561 S2930 5.51 S2930

2596 S2930 5.40 S2930

2658 S2930 5.36 S2930

2173 S2930 5.14 S2930

1986 S2930 5.03 S2930

2009 S2930 5.10 S2930

1941 S2930 5.01 S2930

1961 S2930 4.93 S2930

2231 S2930 4.83 S2930

2268 S2930 4.79 S2930

2435 S2930 4.76 S2930

2406 S2930 5.09 S2930

2421 S2930 5.20 S2930

2391 S2930 4.76 S2930

2514 S2930 4.76 S2930

2613 S2930 4.75 S2930

Page 667: Economics of Photoelectricity - November 13 2012

2450 S2930 4.36 S2930

2251 S2930 4.51 S2930

2107 S2930 4.73 S2930

2052 S2930 5.01 S2930

1917 S2930 5.06 S2930

1762 S2930 5.72 S2930

1688 S2930 5.85 S2930

1665 S2930 6.73 S2930

1748 S2930 6.17 S2930

1801 S2930 6.29 S2930

1733 S2930 5.59 S2930

1661 S2930 5.26 S2930

1651 S2930 5.47 S2930

1621 S2930 5.16 S2930

1648 S2930 5.03 S2930

1586 S2930 5.00 S2930

1574 S2930 4.98 S2930

1474 S2930 4.89 S2930

1431 S2930 5.16 S2930

1411 S2930 5.55 S2930

1378 S2930 5.20 S2930

1466 S2930 5.09 S2930

1511 S2930 5.30 S2930

1422 S2930 5.08 S2930

1640 S2930 5.23 S2930

1648 S2930 5.29 S2930

1750 S2930 5.28 S2930

1724 S2930 5.42 S2930

1728 S2930 5.19 S2930

1765 S2930 5.21 S2930

1844 S2930 5.23 S2930

1801 S2930 5.30 S2930

1739 S2930 5.10 S2930

1679 S2930 5.10 S2930

1786 S2930 5.05 S2930

1753 S2930 5.05 S2930

1799 S2930 5.02 S2930

1856 S2930 4.93 S2930

1960 S2930 4.95 S2930

1899 S2930 4.88 S2930

1795 S2930 4.72 S2930

1851 S2930 4.66 S2930

1788 S2930 4.70 S2930

1766 S2930 4.57 S2930

1739 S2930 4.40 S2930

1664 S2930 4.39 S2930

1682 S2930 4.44 S2930

1608 S2930 4.37 S2930

1525 S2930 4.25 S2930

1464 S2930 4.21 S2930

1426 S2930 4.39 S2930

1377 S2930 4.42 S2930

1428 S2930 4.12 S2930

1472 S2930 4.37 S2930

1504 S2930 4.50 S2930

1562 S2930 4.45 S2930

1605 S2930 4.57 S2930

1590 S2930 4.61 S2930

1596 S2930 4.74 S2930

1648 S2930 4.92 S2930

1589 S2930 4.95 S2930

1480 S2930 4.56 S2930

1479 S2930 4.59 S2930

1484 S2930 4.42 S2930

1582 S2930 4.54 S2930

Page 668: Economics of Photoelectricity - November 13 2012

1596 S2930 4.66 S2930

1648 S2930 4.86 S2930

1684 S2930 4.68 S2930

1659 S2930 4.55 S2930

1587 S2930 4.54 S2930

1648 S2930 4.75 S2930

1687 S2930 4.56 S2930

1710 S2930 4.86 S2930

1760 S2930 5.03 S2930

1790 S2930 5.21 S2930

1921 S2930 5.04 S2930

2055 S2930 5.21 S2930

2201 S2930 5.65 S2930

2424 S2930 6.37 S2930

2760 S2930 6.48 S2930

3009 S2930 7.29 S2930

2949 S2930 7.09 S2930

2734 S2930 5.88 S2930

2687 S2930 5.88 S2930

2808 S2930 6.38 S2930

2846 S2930 6.71 S2930

2895 S2930 6.42 S2930

3012 S2930 7.15 S2930

3123 S2930 7.51 S2930

3145 S2930 7.12 S2930

3170 S2930 6.66 S2930

3254 S2930 7.07 S2930

3379 S2930 7.27 S2930

3394 S2930 7.16 S2930

3249 S2930 7.05 S2930

3524 S2930 7.34 S2930

3614 S2930 7.04 S2930

3798 S2930 7.03 S2930

3858 S2930 7.19 S2930

4060 S2930 7.70 S2930

4269 S2930 7.86 S2930

4577 S2930 8.69 S2930

4734 S2930 9.18 S2930

4982 S2930 9.52 S2930

5103 S2930 10.38 S2930

6388 S2930 12.63 S2930

8046 S2930 13.38 S2930

7198 S2930 10.77 S2930

7712 S2930 11.21 S2930

7696 S2930 12.25 S2930

7602 S2930 11.60 S2930

7500 S2930 11.62 S2930

7029 S2930 12.98 S2930

6675 S2930 13.30 S2930

5670 S2930 12.87 S2930

5676 S2930 13.95 S2930

6452 S2930 13.16 S2930

7766 S2930 13.73 S2930

7681 S2930 13.19 S2930

7474 S2930 13.15 S2930

7973 S2930 12.93 S2930

7514 S2930 12.33 S2930

7649 S2930 12.93 S2930

8008 S2930 13.72 S2930

6967 S2930 14.67 S2930

6588 S2930 14.31 S2930

7061 S2930 16.06 S2930

7888 S2930 17.67 S2930

8439 S2930 19.22 S2930

8685 S2930 17.51 S2930

Page 669: Economics of Photoelectricity - November 13 2012

8383 S2930 17.05 S2930

8261 S2930 17.04 S2930

8414 S2930 18.06 S2930

7635 S2930 14.58 S2930

6991 S2930 12.19 S2930

4926 S2930 10.43 S2930

3717 S2930 9.87 S2930

3072 S2930 10.32 S2930

3221 S2930 11.40 S2930

3315 S2930 13.44 S2930

3750 S2930 13.12 S2930

4407 S2930 12.52 S2930

4569 S2930 14.11 S2930

5014 S2930 14.66 S2930

5216 S2930 13.39 S2930

6165 S2930 14.43 S2930

6196 S2930 16.48 S2930

6288 S2930 17.26 S2930

6676 S2930 17.88 S2930

6982 S2930 17.64 S2930

7386 S2930 17.75 S2930

6848 S2930 15.87 S2930

7463 S2930 17.15 S2930

7745 S2930 18.17 S2930

6838 S2930 18.42 S2930

6499 S2930 18.53 S2930

6735 S2930 17.94 S2930

7284 S2930 18.49 S2930

7709 S2930 20.61 S2930

8292 S2930 23.47 S2930

8470 S2930 26.57 S2930

9147 S2930 29.37 S2930

9556 S2930 28.55 S2930

9868 S2930 30.86 S2930

9503 S2930 35.95 S2930

9493 S2930 42.80 S2930

8960 S2930 37.08 S2930

9067 S2930 35.84 S2930

9650 S2930 38.12 S2930

9001 S2930 40.30 S2930

8300 S2930 38.13 S2930

7394 S2930 32.06 S2930

7581 S2930 33.27 S2930

7565 S2930 30.13 S2930

8040 S2930 30.77 S2930

8441 S2930 34.17 S2930

8471 S2932 32.93 S2870

8289 S2932 31.55 S2870

7956 S2931 28.72 S2931

7423 S2931 27.98 S2931

7584 S2931 27.44 S2931

7516 S2970 28.77 S2870

8088 S2970 33.61 S2870

Page 670: Economics of Photoelectricity - November 13 2012

LNG, Japan NG, US

Year ($/mmbtu) Source $/mmbtu Source ($/mmbtu) Source

1960 0.14 S2930

1961 0.15 S2930

1962 0.16 S2930

1963 0.16 S2930

1964 0.15 S2930

1965 0.16 S2930

1966 0.16 S2930

1967 0.16 S2930

1968 0.16 S2930

1969 0.17 S2930

1970 0.17 S2930

1971 0.18 S2930

1972 0.19 S2930

1973 0.21 S2930

1974 0.29 S2930

1975 0.43 S2930

1976 0.58 S2930

1977 2.77 S2930 0.79 S2930

1978 3.04 S2930 0.91 S2930

1979 3.69 S2930 1.18 S2930

1980 5.70 S2930 1.59 S2930

1981 6.03 S2930 1.98 S2930

1982 6.05 S2930 2.47 S2930

1983 5.55 S2930 2.59 S2930

1984 5.24 S2930 2.66 S2930

1985 5.23 S1888 2.51 S1888

1986 4.10 S1888 1.94 S1888

1987 3.35 S1888 1.66 S1888

1988 3.34 S1888 1.68 S1888

1989 3.28 S1888 1.70 S1888

1990 3.64 S1888 1.70 S1888

1991 3.99 S1888 1.49 S1888

1992 3.60 S1888 1.77 S1888

1993 3.51 S1888 2.12 S1888

1994 3.18 S1888 1.92 S1888

1995 3.45 S1888 1.72 S1888

1996 3.67 S1888 1.87 S2536 2.73 S1888

1997 3.91 S1888 1.96 S2536 2.48 S1888

1998 3.02 S1888 1.86 S2536 2.09 S1888

1999 3.14 S1888 1.58 S2536 2.27 S1888

2000 4.71 S1888 2.71 S2536 4.31 S1888

2001 4.63 S1888 3.17 S2536 3.96 S1888

2002 4.28 S1888 2.37 S2536 3.36 S1888

2003 4.73 S1888 3.33 S2536 5.49 S1888

2004 5.13 S1888 4.46 S2536 5.89 S1888

2005 5.99 S1888 7.38 S2536 8.92 S1888

2006 7.08 S1888 7.87 S2536 6.72 S1888

2007 7.68 S1888 6.01 S2536 6.98 S1888

2008 12.55 S1888 10.79 S2536 8.86 S1888

2009 8.94 S1888 4.85 S2536 3.95 S1888

2010 10.85 S1888 6.56 S2536 4.39 S1888

2011 14.66 S1888 9.03 S2536 4.00 S1888

2012 15.00 E2929 4.30 E2929

2013 14.00 E2929 4.50 E2929

2014 13.00 E2929 5.00 E2929

2015 12.50 E2929 5.50 E2929

2016 12.30 E2929 6.00 E2929

2017 12.00 E2929 6.50 E2929

2018 11.80 E2929 6.80 E2929

2019 11.50 E2929 7.00 E2929

U.K., Heren NBP Index

Page 671: Economics of Photoelectricity - November 13 2012

2020 11.30 E2929 7.30 E2929

2021

2022

2023

2024

2025 10.00 E2929 7.50 E2929

MCM = Thousand Cubic Meters

mcf = Thousand Cubic Feet

mmbtu = Million BTU

mt = Metric Ton

Page 672: Economics of Photoelectricity - November 13 2012

Canada, Alberta NG, Europe

($/mmbtu) Source $/mmbtu Source ($/mmbtu) Source ($/mmbtu)

0.40 S2930

0.40 S2930

0.40 S2930

0.39 S2930

0.38 S2930

0.41 S2930

0.42 S2930

0.46 S2930

0.45 S2930

0.45 S2930

0.45 S2930

0.50 S2930

0.54 S2930

0.69 S2930

1.73 S2930

1.68 S2930

1.74 S2930

1.79 S2930

2.30 S2930

3.26 S2930

4.22 S2930

4.60 S2930

4.45 S2930

4.05 S2930

3.76 S2930

3.65 S1888 4.25

3.65 S1888 3.93

2.59 S1888 2.55

2.36 S1888 2.22

1.70 S2536 2.09 S1888 2.00

1.64 S2536 1.05 S2536 2.82 S1888 2.78

1.49 S2536 0.89 S2536 3.11 S1888 3.19

1.77 S2536 0.98 S2536 2.56 S1888 2.69

2.12 S2536 1.69 S2536 2.67 S1888 2.50

1.92 S2536 1.45 S2536 2.44 S1888 2.35

1.69 S2536 0.89 S2536 2.73 S1888 2.39

2.76 S2536 1.12 S2536 2.84 S1888 2.46

2.53 S2536 1.36 S2536 2.74 S1888 2.64

2.08 S2536 1.42 S2536 2.42 S1888 2.32

2.27 S2536 2.00 S2536 2.13 S1888 1.88

4.23 S2536 3.75 S2536 3.86 S1888 2.89

4.07 S2536 3.61 S2536 4.06 S1888 3.66

3.33 S2536 2.57 S2536 3.05 S1888 3.23

5.63 S2536 4.83 S2536 3.91 S1888 4.06

5.85 S2536 5.03 S2536 4.28 S1888 4.32

8.79 S2536 7.25 S2536 6.33 S1888 5.88

6.76 S2536 5.83 S2536 8.47 S1888 7.85

6.95 S2536 6.17 S2536 8.56 S1888 8.03

8.85 S2536 7.99 S2536 13.41 S1888 11.56

3.89 S2536 3.38 S2536 8.71 S1888 8.52

4.39 S2536 3.69 S2536 8.29 S1888 8.01

4.01 S2536 3.47 S2536 10.52 S1888 10.61

10.80 E2929

10.30 E2929

10.00 E2929

9.80 E2929

9.50 E2929

9.30 E2929

9.00 E2929

8.80 E2929

NG, US - Henry Hub

NG, European Union

Page 673: Economics of Photoelectricity - November 13 2012

8.50 E2929

8.80 E2929

Page 674: Economics of Photoelectricity - November 13 2012

Source $/mmbtu Source $/MCM Source $/mcf Source

S2536 3.79 S1754, Formula 137.16 S1754 3.89 S1754, Formula

S2536 3.42 S1754, Formula 123.84 S1754 3.51 S1754, Formula

S2536 2.12 S1754, Formula 76.68 S1754 2.17 S1754, Formula

S2536 1.89 S1754, Formula 68.40 S1754 1.94 S1754, Formula

S2536 1.58 S1754, Formula 57.20 S1754 1.62 S1754, Formula

S2536 2.02 S1754, Formula 73.26 S1754 2.08 S1754, Formula

S2536 2.99 S1754, Formula 108.27 S1754 3.07 S1754, Formula

S2536 2.35 S1754, Formula 85.14 S1754 2.41 S1754, Formula

S2536 2.58 S1754, Formula 93.54 S1754 2.65 S1754, Formula

S2536 2.30 S1754, Formula 83.25 S1754 2.36 S1754, Formula

S2536 2.68 S1754, Formula 97.06 S1754 2.75 S1754, Formula

S2536 2.73 S1754, Formula 99.00 S1754 2.80 S1754, Formula

S2536 2.65 S1754, Formula 96.13 S1754 2.72 S1754, Formula

S2536 2.23 S1754, Formula 80.82 S1754 2.29 S1754, Formula

S2536 1.80 S1754, Formula 65.05 S1754 1.84 S1754, Formula

S2536 3.43 S1754, Formula 124.34 S1754 3.52 S1754, Formula

S2536 3.85 S1754, Formula 139.44 S1754 3.95 S1754, Formula

S2536 2.65 S1754, Formula 95.99 S1754 2.72 S1754, Formula

S2536 3.47 S1754, Formula 125.51 S1754 3.56 S1754, Formula

S2536 3.73 S1754, Formula 135.18 S1754 3.83 S1754, Formula

S2536 5.88 S1754, Formula 212.94 S1754 6.03 S1754, Formula

S2536 8.16 S1754, Formula 295.65 S1754 8.38 S1754, Formula

S2536 8.09 S1754, Formula 293.13 S1754 8.30 S1754, Formula

S2536 13.06 S1754, Formula 472.95 S1754 13.40 S1754, Formula

S2536 8.80 S1754, Formula 318.78 S1754 9.03 S1754, Formula

S2536 8.17 S1754, Formula 296.01 W103 8.39 S1754, Formula

S2536 10.40 S1754, Formula 376.52 W103 10.67 S1754, Formula

Russian NG @ German Border

Russian NG @ German Border

Russian NG @ German Border

Page 675: Economics of Photoelectricity - November 13 2012

$/kWh Source $/mt Souce ($/mmbtu) Source ($/mt)

0.03 S1754, Formula

0.02 S1754, Formula

0.01 S1754, Formula 31.30 S1753

0.01 S1754, Formula 39.94 S1753

0.01 S1754, Formula 42.08 S1753

0.01 S1754, Formula 43.48 S1753 2.42 Formula, Crude E 31.59

0.02 S1754, Formula 42.80 S1753 2.49 Formula, Crude E 29.01

0.02 S1754, Formula 38.53 S1753 2.17 Formula, Crude E 28.53

0.02 S1754, Formula 33.68 S1753 1.75 Formula, Crude E 29.85

0.02 S1754, Formula 37.18 S1753 1.77 Formula, Crude E 31.72

0.02 S1754, Formula 44.50 S1753 2.44 Formula, Crude E 27.01

0.02 S1754, Formula 41.25 S1753 1.96 Formula, Crude E 29.86

0.02 S1754, Formula 38.92 S1753 1.81 Formula, Crude E 29.76

0.02 S1754, Formula 32.00 S1753 1.41 Formula, Crude E 31.00

0.01 S1754, Formula 28.79 S1753 1.19 Formula, Crude E 31.29

0.02 S1754, Formula 35.99 S1753 1.54 Formula, Crude E 29.90

0.03 S1754, Formula 39.03 S1753 1.05 Formula, Crude E 50.15

0.02 S1754, Formula 31.65 S1753 1.31 Formula, Crude E 33.20

0.02 S1754, Formula 43.60 S1753 1.55 Formula, Crude E 38.52

0.03 S1754, Formula 72.08 S1753 1.76 Formula, Crude E 64.90

0.04 S1754, Formula 60.54 S1753 1.61 Formula, Crude E 70.12

0.06 S1754, Formula 64.11 S1753 1.95 Formula, Crude E 62.96

0.06 S1754, Formula 88.79 S1753 3.34 Formula, Crude E 51.16

0.09 S1754, Formula 147.67 S1753 3.00 Formula, Crude E 118.79

0.06 S1754, Formula 70.66 S1753 2.68 Formula, Crude E 68.08

0.06 S1754, Formula 92.50 S1753 3.57 Formula, Crude E 71.63

0.07 S1754, Formula 143.11 S1752 4.91 Formula, Crude E 87.38

NG to Electricity (50% efficiency)

Coal, NW Europe

Coal, NW Europe

Coal, Appalachian

Page 676: Economics of Photoelectricity - November 13 2012

Source ($/mmbtu) Source $/MWh Source ($/mmbtu) Source

S2536 1.76 S206, N178 0.02 Formula 1.64 S206, N178

S2536 1.69 S206, N178 0.02 Formula 1.62 S206, N178

S2536 1.61 S206, N178 0.02 Formula 1.57 S206, N178

S2536 1.55 S206, N178 0.02 Formula 1.46 S206, N178

S2536 1.51 S206, N178 0.02 Formula 1.39 S206, N178

S2536 1.48 S206, N178 0.02 Formula 1.30 S206, N178

S2536 1.42 S206, N178 0.02 Formula 1.26 S206, N178

S2536 1.39 S206, N178 0.02 Formula 1.20 S206, N178

S2536 1.37 S206, N178 0.02 Formula 1.21 S206, N178

S2536 1.29 S206, N178 0.01 Formula 1.21 S206, N178

S2536 1.28 S206, N178 0.01 Formula 1.19 S206, N178

S2536 1.35 S206, N178 0.02 Formula 1.27 S206, N178

S2536 1.38 S206, N178 0.02 Formula 1.26 S206, N178

S2536 1.37 S206, N178 0.02 Formula 1.22 S206, N178

S2536 1.59 S206, N178 0.02 Formula 1.25 S206, N178

S2536 1.87 S206, N178 0.02 Formula 1.33 S206, N178

S2536 1.92 S206, N178 0.02 Formula 1.42 S206, N178

S2536 1.93 S206, N178 0.02 Formula 1.46 S206, N178

S2536 2.42 S206, N178 0.03 Formula 1.65 S206, N178

S2536 2.59 S206, N178 0.03 Formula 1.83 S206, N178

S2536 2.77 S206, N178 0.03 Formula 1.92 S206, N178

S2536 3.00 S206, N178 0.03 Formula 2.00 S206, N178

Coal, Appalachian

Coal to Electricity (30%

efficiency)Coal, Interior

US

Page 677: Economics of Photoelectricity - November 13 2012

Coal, West US Coal, Australian

($/mmbtu) Source ($/mmbtu) Source ($/mt) Source ($/mt)

7.80 S2930

8.68 S2930

9.60 S2930

11.48 S2930

16.89 S2930

26.84 S2930

27.16 S2930

28.68 S2930

29.06 S2930

30.89 S2930

40.14 S2930

53.62 S2930

54.77 S2930

38.19 S2930

30.96 S2930

33.75 S1888

31.13 S1888

27.50 S1888

34.88 S1888

38.00 S1888

0.99 N179 0.99 S206, N178 39.67 S1888

1.01 N179 0.97 S206, N178 39.67 S1888

1.01 N179 0.93 S206, N178 38.56 S1888

0.96 N179 0.88 S206, N178 31.33 S1888

0.95 N179 0.82 S206, N178 32.30 S1888

0.91 N179 0.77 S206, N178 39.37 S1888

0.90 N179 0.74 S206, N178 38.07 S1888

0.88 N179 0.69 S206, N178 35.10 S1888

0.90 N179 0.63 S206, N178 29.23 S1888

0.92 N179 0.61 S206, N178 25.89 S1888

0.94 N179 0.60 S206, N178 26.25 S1888

1.03 N179 0.62 S206, N178 32.31 S1888 36.43

1.04 N179 0.64 S206, N178 25.31 S1888 28.52

1.03 N179 0.65 S206, N178 26.09 S1888 33.80

1.08 N179 0.66 S206, N178 52.95 S1888 60.93

1.19 N179 0.69 S206, N178 47.62 S1888 51.09

1.31 N179 0.73 S206, N178 49.09 S1888 52.20

1.39 N179 0.77 S206, N178 65.73 S1888 63.76

1.63 N179 0.87 S206, N178 127.10 S1888 122.38

1.80 N179 0.91 S206, N178 71.84 S1888 59.41

1.92 N179 0.90 S206, N178 98.97 S1888 77.97

2.06 N179 0.94 S206, N178 120.94 S1888 111.50

120.00 E2929

115.00 E2929

100.00 E2929

90.00 E2929

91.00 E2929

92.00 E2929

93.00 E2929

94.00 E2929

Coal, Interior US

Coal, Colombian

Page 678: Economics of Photoelectricity - November 13 2012

95.00 E2929

100.00 E2929

Page 679: Economics of Photoelectricity - November 13 2012

Source ($/mt) Source ($/mt) Source ($/mt) Source

32.87 S2968

34.92 S2968

30.37 S2968

26.50 S2968 53.44 S2536 41.28 S2536

28.10 S2968 55.06 S2536 42.47 S2536

31.00 S2968 58.68 S2536 48.86 S2536

32.88 S2968 60.54 S2536 50.81 S2536

31.50 S2968 60.45 S2536 50.30 S2536

28.83 S2968 57.82 S2536 48.45 S2536

26.96 S2968 55.26 S2536 45.71 S2536

28.56 S2968 51.77 S2536 43.66 S2536

35.23 S2968 54.47 S2536 47.58 S2536

33.52 S2968 56.68 S2536 49.54 S2536

31.35 S2968 55.51 S2536 45.53 S2536

26.84 S2968 50.76 S2536 40.51 S2536

24.27 S2968 42.83 S2536 35.74 S2536

26.57 S2968 39.69 S2536 34.58 S2536

S2968 33.86 S2968 41.33 S2536 37.96 S2536

S2968 26.02 S2968 42.01 S2536 36.90 S2536

S2968 30.24 S2968 41.57 S2536 34.74 S2536

S2968 54.68 S2968 60.96 S2536 51.34 S2536

S2968 46.20 S2968 89.33 S2536 62.91 S2536

S2968 50.69 S2968 93.46 S2536 63.04 S2536

S2968 62.65 S2968 88.24 S2536 69.86 S2536

S2968 120.60 S2968 179.03 S2536 122.81 S2536

S2968 64.68 S2968 167.82 S2536 110.11 S2536

S2968 91.62 S2968 158.95 S2536 105.19 S2536

S2968 116.30 S2968 229.12 S2536 136.21 S2536

Coal, South African

Japan, coking coal

Japan, steam coal

Page 680: Economics of Photoelectricity - November 13 2012

Petroleum Dubai Brent

($/mmbtu) Source ($/bbl) Source ($/bbl) Source ($/bbl)

1.63 S2930 1.63 S2968

1.57 S2930 1.57 S2968

1.52 S2930 1.52 S2968

1.50 S2930 1.50 S2968

1.45 S2930 1.45 S2968

1.42 S2930 1.42 S2968

1.36 S2930 1.36 S2968

1.33 S2930 1.33 S2968

1.32 S2930 1.32 S2968

1.27 S2930 1.27 S2968

1.21 S2930 1.21 S2968

1.69 S2930 1.69 S2968

1.82 S2930 1.82 S2968

2.81 S2930 2.81 S2968

10.97 S2930 10.41 S2537

10.43 S2930 10.70 S2537

11.63 S2930 11.63 S2537 12.80

12.57 S2930 12.38 S2537 13.92

12.92 S2930 13.03 S2537 14.02

30.96 S2930 29.75 S2537 31.61

36.87 S2930 35.69 S2537 36.83

35.48 S2930 34.32 S2537 35.93

32.65 S2930 31.80 S2537 32.97

29.66 S2930 28.78 S2537 29.55

28.56 S2930 28.06 S2537 28.78

4.75 S2536 27.18 S1888 27.53 S2537 27.56

2.57 S2536 14.35 S1888 13.10 S2537 14.43

3.09 S2536 18.15 S1888 16.95 S2537 18.44

2.56 S2536 14.72 S1888 13.27 S2537 14.92

3.01 S2536 17.84 S1888 15.62 S2537 18.23

3.82 S2536 22.88 S1888 20.45 S2537 23.73

3.33 S2536 19.37 S1888 16.63 S2537 20.00

3.19 S2536 19.02 S1888 17.17 S2537 19.32

2.82 S2536 16.84 S1888 14.93 S2537 16.97

2.70 S2536 15.89 S1888 14.74 S2537 15.82

2.96 S2536 17.18 S1888 16.10 S2537 17.02

3.54 S2536 20.42 S1888 18.52 S2537 20.67

3.29 S2536 19.17 S1888 18.23 S2537 19.09

2.16 S2536 13.06 S1888 12.21 S2537 12.72

2.98 S2536 18.07 S1888 17.25 S2537 17.97

4.83 S2536 28.23 S1888 26.20 S2537 28.50

4.08 S2536 24.35 S1888 22.81 S2537 24.44

4.17 S2536 24.93 S1888 23.74 S2537 25.02

4.89 S2536 28.90 S1888 26.78 S2537 28.83

6.27 S2536 37.73 S1888 33.64 S2537 38.27

8.74 S2536 53.39 S1888 49.35 S2537 54.52

10.66 S2536 64.29 S1888 61.50 S2537 65.14

11.95 S2536 71.12 S1888 68.19 S2537 72.39

16.76 S2536 96.99 S1888 94.34 S2537 97.26

10.41 S2536 61.76 S1888 61.39 S2537 61.67

13.47 S2536 79.04 S1888 78.06 S2537 79.50

18.56 S2536 104.01 S1888 106.10 S2537 111.26

98.20 E2929

97.10 E2929

96.00 E2929

94.70 E2929

93.20 E2929

91.40 E2929

89.40 E2929

87.30 E2929

OECD, Crude Oil

Page 681: Economics of Photoelectricity - November 13 2012

85.00 E2929

80.00 E2929

Page 682: Economics of Photoelectricity - November 13 2012

WTI

Source ($/bbl) Source ($/bbl) Source

S2537 12.87 S2537 12.23 S2537

S2537 14.21 S2537 14.22 S2537

S2537 13.65 S2537 14.55 S2537

S2537 29.25 S2537 25.08 S2537

S2537 36.98 S2537 37.96 S2537

S2537 36.18 S2537 36.08 S2537

S2537 33.29 S2537 33.65 S2537

S2537 29.54 S2537 30.30 S2537

S2537 28.14 S2537 29.39 S2537

S2537 27.75 S2537 27.98 S2537

S2537 14.46 S2537 15.10 S2537

S2537 18.39 S2537 19.18 S2537

S2537 15.00 S2537 15.97 S2537

S2537 18.30 S2537 19.68 S2537

S2537 23.85 S2537 24.50 S2537

S2537 20.11 S2537 21.54 S2537

S2537 19.61 S2537 20.57 S2537

S2537 17.41 S2537 18.45 S2537

S2537 16.25 S2537 17.21 S2537

S2537 17.26 S2537 18.42 S2537

S2537 21.16 S2537 22.16 S2537

S2537 19.33 S2537 20.61 S2537

S2537 12.62 S2537 14.39 S2537

S2537 18.00 S2537 19.31 S2537

S2537 28.42 S2537 30.37 S2537

S2537 24.23 S2537 25.93 S2537

S2537 25.04 S2537 26.16 S2537

S2537 28.66 S2537 31.07 S2537

S2537 38.13 S2537 41.49 S2537

S2537 55.69 S2537 56.59 S2537

S2537 67.07 S2537 66.02 S2537

S2537 74.48 S2537 72.20 S2537

S2537 101.40 S2537 100.06 S2537

S2537 63.35 S2537 61.92 S2537

S2537 81.05 S2537 79.45 S2537

S2537 113.65 S2537 95.04 S2537

Nigerian Forcados

Page 683: Economics of Photoelectricity - November 13 2012

Country Source Source Year Source Year

Afghanistan 0.23 S1581

Albania 6.59 S1581

Algeria 28.34 S1581 0.056 S1599 2009 0.07 S1599 2009

American Somoa 0.17 S1581

Andorra 0.60 S1581

Angola 3.17 S1581 0.045 S1599 2009 0.06 S1599 2009

Antigua and Barbuda 0.10 S1581

Argentina 99.21 S1581 0.086 S1571 2011

Armenia 4.78 S1581 1.900 S1579 2011

Aruba 0.79 S1581

Australia 258.90 S729 0.200 S1591

Austria 61.20 S729 0.208 S1569 2011

Azerbaijan 18.00 S1581

Bahamas, The 1.90 S1581 0.250 S1610

Bahrain 10.10 S1581 0.008 S1607

Bangladesh 23.94 S1581 0.054 S1608 2011 0.07 S1608 2011

Barbados 0.94 S1581

Belarus 30.54 S1581 1.100 S1579 2011

Belgium 87.90 S729 0.214 S1569 2011

Belize 0.20 S1581

Benin 0.60 S1581 0.149 S1599 2009 0.16 S1599 2009

Bermuda 0.63 S1581

Bhutan 0.18 S1581

Bolivia 5.81 S1581

Bosnia and Herzegovina 10.80 S1581 0.074 S1611 2010

Botswana 2.65 S1581

Brazil 404.00 S1581 0.193 S1571 2011 0.29 S1572

British 0.04 S1581

Brunei 2.98 S1581 0.065 S1596 2010

Bulgaria 28.30 S1581 0.091 S1569 2011

Burkina Faso 0.57 S1581 0.234 S1599 2009 0.25 S1599 2009

Burma 4.40 S1581 0.070 S1596 2010

Burundi 0.13 S1581 0.038 S1599 2009 0.12 S1599 2009

Cambodia 1.27 S1581 0.200 S1596 2010

Cameroon 4.80 S1581 0.116 S1599 2009 0.15 S1599 2009

Canada 630.90 S729 0.100 S1594

Cape Verde 0.23 S1581 0.258 S1588

Cayman Islands 0.51 S1581 0.700 S1609

Central African Republic 0.11 S1581 0.169 S1599 2009 0.17 S1599 2009

Chad 0.09 S1581 0.256 S1599 2009 0.27 S1599 2009

Chile 57.29 S1581 0.182 S1571 2011

China 3438.00 S1581 0.490 S1568 0.79 S1568

Colombia 38.59 S1581 0.135 S1590

Comoros 0.02 S1581

Congo, Democratic Republic of t 6.00 S1581 0.039 S1590 0.11 S1599

Congo, Republic of the 0.47 S1581 0.067 S1599 2009 0.06 S1599 2009

Cook Islands 0.03 S1581

Costa Rica 8.25 S1581 0.097 S1590

Cote d'Ivoire 3.23 S1581 0.188 S1599 2009 0.19 S1599 2009

Croatia 18.00 S1581 0.115 S1611 2010

Cuba 13.93 S1581

Cyprus 4.28 S1581 0.204 S1569 2011

87.80 S729 0.146 S1569 2011

Denmark 39.20 S729 0.295 S1569 2011

Djibouti 0.26 S1581

Dominica 0.08 S1581

Dominican Republic 12.70 S1581 0.257 S1571 2011

Ecuador 15.81 S1581 0.091 S1571 2011

Egypt 104.10 S1581 0.035 S1589 0.08 S1599

El Salvador 4.52 S1581 0.188 S1571 2011

Equatorial Guinea 0.03 S1581

Eritrea 0.23 S1581

Terawatt hours (TWh)

2007Electricity price for Households

Electricity price for Commercial

Czech Republic

Page 684: Economics of Photoelectricity - November 13 2012

Estonia 7.08 S1581 0.109 S1569 2011

Ethiopia 3.13 S1581 0.051 S1599 2009 0.08 S1599 2009

Falkland Islands (Islas Malvinas) 0.01 S1581

Faroe Islands 0.26 S1581

Fiji 0.86 S1581

Finland 81.20 S729 0.150 S1569 2011

France 564.40 S729 0.140 S1569 2011

French Polynesia 0.60 S1581

Gabon 1.45 S1581 0.115 S1599 2009 0.17 S1599 2009

Gambia, The 0.15 S1581 0.150 S1599 2009 0.24 S1599 2009

Gaza Strip 0.00 S1581

Georgia 6.90 S1581

Germany 629.30 S729 0.267 S1569 2011

Ghana 5.70 S1581 0.078 S1599 2009 0.15 S1599 2009

Gibraltar 0.15 S1581

Greece 62.90 S729 0.132 S1569 2011

Greenland 0.29 S1581

Grenada 0.16 S1581

Guatemala 7.12 S1581 0.204 S1571 2011

Guinea 0.79 S1581 0.087 S1599 2009 0.12 S1599 2009

Guinea-Bissau 0.06 S1581

Guyana 0.67 S1581

Haiti 0.31 S1581

Honduras 6.54 S1581

Hong Kong 42.64 S1581 1.207 S1598

Hungary 39.90 S729 0.171 S1569 2011

Iceland 16.48 S1581

India 568.00 S1581 5.420 S1566

Indonesia 119.30 S1581 0.080 S1583

Iraq 52.00 S1581 50.000 S1587

Ireland 27.40 S729 0.205 S1569 2011

Israel 46.38 S1581 0.100 S1586

Italy 308.80 S729 0.204 S1569 2011

Jamaica 6.35 S1581 0.300 S1610

Japan 1144.20 S729 0.228 S1577

Jersey 0.63 S1581

Jordan 10.40 S1581 0.064 S1607

Kazakhstan 77.90 S1581 1.740 S1579 2011

Kenya 4.86 S1581 0.135 S1590 0.15 S1590

Kiribati 0.01 S1581

Korea, North 18.80 S1581

Kosovo 5.39 S1581

Kuwait 40.21 S1581 0.002 S1601 2011

Kyrgyzstan 9.00 S1581

Laos 2.23 S1581 0.055 S1597 2010 0.08 S1567 2008

Latvia 6.82 S1581 0.113 S1569 2011

Lebanon 9.79 S1581 0.096 S1606 2011

Lesotho 0.52 S1581 0.072 S1588

Liberia 0.33 S1581 0.340 S1599 2009 0.34 S1599 2009

Libya 22.17 S1581 0.015 S1599 2009 0.04 S1599 2009

Lithuania 9.61 S1581 0.131 S1569 2011

Luxembourg 3.20 S729 0.193 S1569 2011

Macau 3.66 S1581

Macedonia 8.19 S1581

Madagascar 0.97 S1581 0.229 S1599 2009 0.22 S1599 2009

Malawi 1.57 S1581 0.038 S1599 2009 0.07 S1599 2009

Malaysia 93.80 S1581 0.105 S1596 2010

Maldives 0.54 S1581

Mali 0.48 S1581 0.198 S1599 2009 0.31 S1599 2009

Malta 1.99 S1581 0.170 S1569 2011

Mauritania 0.39 S1581

Mauritius 2.16 S1581 0.100 S1599 2009 0.12 S1599 2009

Mexico 257.20 S729 0.153 S1571 2011

Micronesia, Federated States of 0.18 S1581

Moldova 4.37 S1581 3.710 S1579 2011

Page 685: Economics of Photoelectricity - November 13 2012

Mongolia 3.02 S1581

Montenegro 0.02 S1581

Montserrat 0.02 S1581

Morocco 20.78 S1581 0.134 S1599 2009 11.52 S1599 2009

Mozambique 10.16 S1581 0.103 S1599 2009 0.15 S1599 2009

Namibia 2.85 S1581 0.122 S1599 2009 0.09 S1599 2009

Nauru 0.03 S1581

Nepal 2.24 S1581 0.103 S1608 2011 0.11 S1608 2011

Netherlands 103.40 S729 0.189 S1569 2011

New Caledonia 1.70 S1581

43.90 S729 0.152 S1577

Nicaragua 2.57 S1581 0.172 S1590

Niger 0.59 S1581 0.112 S1599 2009 0.13 S1599 2009

Nigeria 19.21 S1581 0.031 S1599 2009 0.06 S1599 2009

Niue 0.00 S1581

Northern Mariana Islands 0.00 S1581 0.400 S1609

Norway 136.60 S729 0.137 S1577

Oman 11.36 S1581 0.025 S1607

Pakistan 72.20 S1581 0.078 S1603 2011

Panama 5.81 S1581 0.167 S1571 2011

Papua New Guinea 2.68 S1581

Paraguay 8.50 S1581 0.072 S1590

Peru 31.74 S1581 0.116 S1571 2011

Philippines 54.40 S1581 0.188 S1596 2010

Poland 158.70 S729 0.151 S1569 2011

Portugal 47.10 S729 0.181 S1569 2011

Puerto Rico 22.06 S1581 0.260 S1610

Qatar 13.73 S1581 0.021 S1607

Romania 49.44 S1581 0.113 S1569 2011

857.60 S729 3.000 S1567

Rwanda 0.23 S1581 0.140 S1599 2009 0.14 S1599 2009

Saint Helena, Ascensionm, and 0.01 S1581

Saint Kitts and the Nevis 0.12 S1581

Saint Lucia 0.30 S1581

Saint Pierre and Miquelon 0.05 S1581

Saint Vincent and the Grenadine 0.12 S1581

Samoa 0.10 S1581

Sao Tome and Principe 0.02 S1581

Saudi Arabia 165.10 S1581 0.030 S1585

Senegal 1.38 S1581 0.177 S1599 2009 0.24 S1599 2009

Serbia 34.10 S1581 6.540 S1578

Seychelles 0.23 S1581

Sierra Leone 0.07 S1581

Singapore 37.11 S1581 0.188 S1596 2010

Singapore 0.200 S2867 2012

27.50 S729 0.231 S1577

Slovenia 14.70 S1581 0.156 S1569 2011

Solomon Islands 0.07 S1581

Somalia 0.26 S1581

South Korea 437.40 S729 0.079 S1577

221.00 S729 0.072 S1577 0.04 S1599 2009

Spain 303.30 S729 0.201 S1569 2011

Sri Lanka 8.42 S1581 0.068 S1608 2011 0.14 S1608 2011

Sudan 3.44 S1581 0.099 S1599 2009 0.12 S1599 2009

Suriname 1.47 S1581

Swaziland 1.27 S1581

Sweden 148.70 S729 0.197 S1569 2011

Switzerland 66.50 S729 0.164 S1577

Syria 27.35 S1581 0.008 S1607

Taiwan 221.00 S729 0.088 S1588

Tajikistan 16.70 S1581

Tanzania 3.18 S1581 0.089 S1599 2009 0.11 S1599 2009

Thailand 134.40 S1581 0.108 S1596 2010

Togo 0.64 S1581 0.136 S1599 2009 0.18 S1599 2009

Tonga 0.04 S1581

New Zealand

Russian Federation

Slovak Republic

South Africa

Page 686: Economics of Photoelectricity - November 13 2012

Trinidad and Tobago 7.03 S1581 0.027 S1590

Tunisia 11.80 S1581 0.100 S1599 2009 0.12 S1599 2009

Turkey 198.10 S1581 0.165 S1577

Turkmenistan 13.00 S1581

Turks and Caicos Islands 0.01 S1581

Uganda 2.07 S1581 0.248 S1599 2009 0.24 S1599 2009

Ukraine 134.60 S729 0.244 S1584

United Arab Emirates 65.98 S1581 0.200 S1600 2011 0.20 S1600 2011

393.60 S729 0.159 S1569 2011

4372.20 S729 0.116 S1577

Uruguay 7.57 S1581 0.225 S1571 2011

Uzbekistan 40.10 S1581 83.600 S1602 2011

Vanuatu 0.04 S1581

Venezuela 83.02 S1581 79.780 S1604 2011

Vietnam 85.60 S1581 0.080 S1596 2010

Virgin Islands 0.72 S1581

West Bank 3.27 S1581

Western Sahara 0.08 S1581

Yemen 4.13 S1581 0.030 S1605 0.08 S1605

Zambia 8.84 S1581 0.020 S1599 2009 0.04 S1599 2009

Zimbabwe 10.89 S1581 0.015 S1599 2009 0.01 S1599 2009

United Kingdom

United States

Page 687: Economics of Photoelectricity - November 13 2012

Source Year Country

Afghanistan

Albania

0.0636 S1599 2009 USD 0.06 Algeria

American Somoa

Andorra

0.0293 S1599 2009 USD 0.04 Angola

Antigua and Barbuda

USD 0.09 Argentina

RUB 0.07 Armenia

Aruba

0.0609 ??? AUS 0.19 Australia

0.11 S1593 EURO 0.27 Austria

Azerbaijan

USD 0.25 Bahamas, The

0.041 S1607 2008 USD 0.01 Bahrain

0.054 S1608 2011 USD 0.05 Bangladesh

Barbados

RUB 0.04 Belarus

0.11 S1593 EURO 0.28 Belgium

Belize

0.16 S1599 2009 USD 0.15 Benin

Bermuda

Bhutan

Bolivia

EURO 0.10 Bosnia and Herzegovina

Botswana

0.215 S1572 USD 0.19 Brazil

British

USD 0.07 Brunei

0.06 S1593 EURO 0.12 Bulgaria

0.2495 S1599 2009 USD 0.23 Burkina Faso

Burma

17.4 S1599 2009 USD 0.04 Burundi

USD 0.20 Cambodia

0.1317 S1599 2009 USD 0.12 Cameroon

0.049 ??? CAD 0.10 Canada

USD 0.26 Cape Verde

USD 0.70 Cayman Islands

0.1191 S1599 2009 USD 0.17 Central African Republic

0.1933 S1599 2009 USD 0.26 Chad

USD 0.18 Chile

0.076 S1568 RMB 0.08 China

USD 0.14 Colombia

Comoros

0.098 S1599 2009 USD 0.04 Congo, Democratic Republic of the

0.076 S1599 2009 USD 0.07 Congo, Republic of the

Cook Islands

USD 0.10 Costa Rica

0.1889 S1599 2009 USD 0.19 Cote d'Ivoire

0.09 S1593 EURO 0.15 Croatia

Cuba

0.15 S1593 EURO 0.27 Cyprus

0.1477 S1577 EURO 0.19

0.1106 S1577 EURO 0.38 Denmark

Djibouti

Dominica

USD 0.26 Dominican Republic

USD 0.09 Ecuador

0.032 S1599 2009 USD 0.04 Egypt

USD 0.19 El Salvador

Equatorial Guinea

Eritrea

Electricity price for Industry

Source Doc Currency

USD Equivalent for Residential

Czech Republic

Page 688: Economics of Photoelectricity - November 13 2012

S1593 EURO 0.14 Estonia

0.0454 S1599 2009 USD 0.05 Ethiopia

Falkland Islands (Islas Malvinas)

Faroe Islands

Fiji

0.0974 S1577 EURO 0.20 Finland

0.07 S1593 EURO 0.18 France

French Polynesia

0.1617 S1599 2009 USD 0.12 Gabon

0.2417 S1599 2009 USD 0.15 Gambia, The

Gaza Strip

Georgia

0.11 S1593 EURO 0.35 Germany

0.1322 S1599 2009 USD 0.08 Ghana

Gibraltar

0.1139 S1577 EURO 0.17 Greece

Greenland

Grenada

USD 0.20 Guatemala

0.124 S1599 2009 USD 0.09 Guinea

Guinea-Bissau

Guyana

Haiti

Honduras

HKD 0.15 Hong Kong

0.1597 S1577 EURO 0.22 Hungary

Iceland

0.113 S1608 2011 INR 0.12 India

USD 0.08 Indonesia

0.008 S1607 2008 IQD 0.04 Iraq

0.169 S1577 EURO 0.27 Ireland

USD 0.10 Israel

0.2761 S1577 EURO 0.27 Italy

USD 0.30 Jamaica

0.1578 S1577 USD 0.23 Japan

Jersey

0.07 S1607 2008 USD 0.06 Jordan

RUB 0.06 Kazakhstan

0.0725 S1599 2009 USD 0.14 Kenya

Kiribati

Korea, North

Kosovo

0.003 S1607 2008 KWD 0.01 Kuwait

Kyrgyzstan

0.058 S1567 2008 Laos

0.09 S1593 EURO 0.15 Latvia

0.077 S1607 2008 USD 0.10 Lebanon

0.03 S1595 USD 0.07 Lesotho

0.34 S1599 2009 USD 0.34 Liberia

0.0235 S1599 2009 USD 0.02 Libya

0.1 S1593 EURO 0.17 Lithuania

0.1363 S1577 EURO 0.25 Luxembourg

Macau

Macedonia

0.2255 S1599 2009 USD 0.23 Madagascar

0.0987 S1599 2009 USD 0.04 Malawi

USD 0.11 Malaysia

Maldives

0.2319 S1599 2009 USD 0.20 Mali

0.15 S1593 EURO 0.22 Malta

Mauritania

0.0705 S1599 2009 USD 0.10 Mauritius

0.0846 S1577 USD 0.15 Mexico

Micronesia, Federated States of

RUB 0.13 Moldova

Page 689: Economics of Photoelectricity - November 13 2012

Mongolia

Montenegro

Montserrat

12.27 S1599 2009 USD 0.13 Morocco

0.0808 S1599 2009 USD 0.10 Mozambique

0.0919 S1599 2009 USD 0.12 Namibia

Nauru

0.093 S1608 2011 USD 0.10 Nepal

0.141 S1577 EURO 0.25 Netherlands

New Caledonia

0.066 ??? USD 0.15

USD 0.17 Nicaragua

0.1368 S1599 2009 USD 0.11 Niger

0.0644 S1599 2009 USD 0.03 Nigeria

Niue

USD 0.40 Northern Mariana Islands

0.0587 S1577 USD 0.14 Norway

0.041 S1607 2008 USD 0.03 Oman

0.103 S1608 2011 USD 0.08 Pakistan

USD 0.17 Panama

Papua New Guinea

USD 0.07 Paraguay

USD 0.12 Peru

USD 0.19 Philippines

0.1197 S1577 EURO 0.20 Poland

0.1274 S1577 EURO 0.24 Portugal

USD 0.26 Puerto Rico

0.019 S1607 2008 USD 0.02 Qatar

0.09 S1593 EURO 0.15 Romania

RUB 0.10

0.1399 S1599 2009 USD 0.14 Rwanda

Saint Helena, Ascensionm, and Tristan da Cunha

Saint Kitts and the Nevis

Saint Lucia

Saint Pierre and Miquelon

Saint Vincent and the Grenadine

Samoa

Sao Tome and Principe

0.032 S1607 2008 USD 0.03 Saudi Arabia

0.2463 S1599 2009 USD 0.18 Senegal

5.91 S1578 RSD 0.09 Serbia

Seychelles

Sierra Leone

USD 0.19 Singapore

USD 0.20 Singapore

0.1948 S1577 USD 0.23

0.1 S1593 EURO 0.20 Slovenia

Solomon Islands

Somalia

0.0578 S1577 USD 0.08 South Korea

0.0281 S1599 2009 USD 0.07

0.12 S1593 EURO 0.26 Spain

0.091 S1608 2011 USD 0.07 Sri Lanka

0.0497 S1599 2009 USD 0.10 Sudan

Suriname

Swaziland

0.0827 S1577 EURO 0.26 Sweden

0.0935 S1577 USD 0.16 Switzerland

0.052 S1607 2008 USD 0.01 Syria

0.0745 S1577 USD 0.09 Taiwan

Tajikistan

0.0991 S1599 2009 USD 0.09 Tanzania

USD 0.11 Thailand

0.184 S1599 2009 USD 0.14 Togo

Tonga

New Zealand

Russian Federation

Slovak Republic

South Africa

Page 690: Economics of Photoelectricity - November 13 2012

USD 0.03 Trinidad and Tobago

0.087 S1599 2009 USD 0.10 Tunisia

0.1376 S1577 USD 0.17 Turkey

Turkmenistan

Turks and Caicos Islands

0.2479 S1599 2009 USD 0.25 Uganda

UAH 0.03 Ukraine

0.2 S1600 2011 AED 0.05 United Arab Emirates

0.135 S1577 EURO 0.21

0.0684 S1577 USD 0.12

USD 0.22 Uruguay

UZS 0.05 Uzbekistan

Vanuatu

VEB 0.04 Venezuela

USD 0.08 Vietnam

Virgin Islands

West Bank

Western Sahara

0.08 S1605 USD 0.03 Yemen

0.0472 S1599 2009 USD 0.02 Zambia

0.0145 S1599 2009 USD 0.01 Zimbabwe

United Kingdom

United States

Page 691: Economics of Photoelectricity - November 13 2012

Notes Conversion USD

BRL 0.609385

EURO 1.300000

INR 0.021906

RMB 0.156536

RUB 0.034334

UAH 0.125047

ZAR 0.137300

Subsidized AUS 0.950028501

CAD 1.0002

AED 0.272279

Rough Estimate HKD 0.128177

IQD 0.0008

RSD 0.013499

KWD 3.62858

UZS 0.000575

VEB 0.000466

ARS 0.230660

See also S1572

See also S1590

Congo, Democratic Republic of the

Subsidized

See also S1590

Subsidized

Page 692: Economics of Photoelectricity - November 13 2012

Falkland Islands (Islas Malvinas)

Average domestic rate used as proxy for Residential price, See also S1583

Subsidized - Cost of production is 20 to 25 fils

Average domestic rate used as proxy for Residential price, See also S1583

See also S1591

Micronesia, Federated States of

Page 693: Economics of Photoelectricity - November 13 2012

S1603 includes a historical graph of electricity prices

See aslo S1590

See also S1591

Average domestic rate used as proxy for Residential price, See also S1583

Saint Helena, Ascensionm, and Tristan da Cunha

Saint Vincent and the Grenadine

Average domestic rate used as proxy for Residential price, See also S1583

Average domestic rate used as proxy for Residential price

S1580 lists price projections for 2012 and 2013

Average domestic rate used as proxy for Residential price, See also S1583

Page 694: Economics of Photoelectricity - November 13 2012

Subsidized

See also S1574 and S1575

See also S1590

General Residential Rate for consumption of between 100 and 300 kWh/month

Average domestic rate used as proxy for Residential price, See also S1583

Household consumption between 201 and 350 kWh/month

Page 695: Economics of Photoelectricity - November 13 2012

W104 - Feb 2012

Page 696: Economics of Photoelectricity - November 13 2012

Euro/kWh VAT included Dec-07 Jun-08 Feb-09

Austria Vienna Natural Gas

Austria Low Natural Gas 0.058 0.075 0.067

Austria High Natural Gas 0.093 0.058

Austria Vienna Electricity

Austria Low Electricity 0.156 0.203 0.146

Austria High Electricity 0.171 0.122

Belgium Brussels Natural Gas

Belgium Low Natural Gas 0.042 0.079 0.051

Belgium High Natural Gas 0.055 0.036

Belgium Brussels Electricity

Belgium Low Electricity 0.157 0.178 0.150

Belgium High Electricity 0.205 0.122

Bulgaria Natural Gas

Bulgaria Low Natural Gas 0.032 0.037 0.028

Bulgaria High Natural Gas 0.041 0.029

Bulgaria Electricity

Bulgaria Low Electricity 0.068 0.088 0.080

Bulgaria High Electricity 0.083 0.076

Cyprus Natural Gas

Cyprus Low Natural Gas

Cyprus High Natural Gas

Cyprus Electricity

Cyprus Low Electricity 0.134 0.174 0.166

Cyprus High Electricity 0.159 0.157

Czech Rep. Natural Gas

Czech Rep. Low Natural Gas 0.034 0.052 0.041

Czech Rep. High Natural Gas 0.045 0.035

Czech Rep. Electricity

Czech Rep. Low Electricity 0.105 0.136 0.117

Czech Rep. High Electricity 0.102 0.103

Denmark Copenhagen Natural Gas

Denmark Low Natural Gas 0.117 0.152 0.090

Denmark High Natural Gas 0.152 0.039

Denmark Copenhagen Electricity

Denmark Low Electricity 0.245 0.318 0.154

Denmark High Electricity 0.277

Estonia Natural Gas

Estonia Low Natural Gas 0.027 0.036 0.028

Estonia High Natural Gas 0.035 0.029

Estonia Electricity

Estonia Low Electricity 0.075 0.097 0.083

Estonia High Electricity 0.087 0.058

Finland Helsinki Natural Gas

Finland Low Natural Gas

Finland High Natural Gas 0.046

Finland Helsinki Electricity

Finland Low Electricity 0.113 0.147 0.090

Finland High Electricity 0.117 0.084

France Paris Natural Gas

France Low Natural Gas 0.048 0.088 0.056

France High Natural Gas 0.063 0.042

France Paris Electricity

France Low Electricity 0.121 0.157 0.091

France High Electricity 0.141 0.079

Germany Berlin Natural Gas

Germany Low Natural Gas 0.063 0.110 0.072

Page 697: Economics of Photoelectricity - November 13 2012

Germany High Natural Gas 0.082 0.063

Germany Berlin Electricity

Germany Low Electricity 0.195 0.253 0.165

Germany High Electricity 0.152

Greece Athens Natural Gas

Greece Low Natural Gas

Greece High Natural Gas

Greece Athens Electricity

Greece Low Electricity 0.073 0.095 0.103

Greece High Electricity 0.104 0.086

Hungary Natural Gas

Hungary Low Natural Gas 0.039 0.055 0.052

Hungary High Natural Gas 0.050 0.056

Hungary Electricity

Hungary Low Electricity 0.133 0.172 0.151

Hungary High Electricity 0.163 0.132

Ireland Dublin Natural Gas

Ireland Low Natural Gas 0.054 0.140 0.072

Ireland High Natural Gas 0.070

Ireland Dublin Electricity

Ireland Low Electricity 0.166 0.216 0.166

Ireland High Electricity 0.181 0.159

Italy Rome Natural Gas

Italy Low Natural Gas 0.066 0.061

Italy High Natural Gas 0.086 0.046

Italy Rome Electricity

Italy Low Electricity 0.234 0.304 0.203

Italy High Electricity 0.264 0.167

Latvia Natural Gas

Latvia Low Natural Gas 0.026 0.038 0.034

Latvia High Natural Gas 0.034 0.029

Latvia Electricity

Latvia Low Electricity 0.073 0.095 0.080

Latvia High Electricity 0.088 0.068

Lithuania Natural Gas

Lithuania Low Natural Gas 0.025 0.043 0.037

Lithuania High Natural Gas 0.033 0.029

Lithuania Electricity 0.084

Lithuania Low Electricity 0.078 0.101 0.082

Lithuania High Electricity 0.095

Luxembourg Luxembourg Natural Gas

Luxembourg Low Natural Gas 0.038 0.081 0.047

Luxembourg High Natural Gas 0.049 0.044

Luxembourg Luxembourg Electricity

Luxembourg Low Electricity 0.168 0.219 0.137

Luxembourg High Electricity

Malta Natural Gas

Malta Low Natural Gas

Malta High Natural Gas

Malta Electricity

Malta Low Electricity 0.093 0.121 0.123

Malta High Electricity 0.142 0.080

Netherlands Amsterdam Natural Gas

Netherlands Low Natural Gas 0.066 0.084

Netherlands High Natural Gas 0.124 0.054

Netherlands Amsterdam Electricity

Netherlands Low Electricity 0.218 0.283 0.159

Page 698: Economics of Photoelectricity - November 13 2012

Netherlands High Electricity 0.109

Poland Natural Gas

Poland Low Natural Gas 0.040 0.061 0.051

Poland High Natural Gas 0.052 0.044

Poland Electricity

Poland Low Electricity 0.125 0.163 0.099

Poland High Electricity 0.147 0.089

Portugal Lisbon Natural Gas

Portugal Low Natural Gas 0.050 0.088 0.054

Portugal High 0.065 0.035

Portugal Lisbon Electricity

Portugal Low Electricity 0.150 0.195 0.117

Portugal High Electricity 0.160 0.105

Romania Natural Gas

Romania Low Natural Gas 0.035 0.046 0.046

Romania High Natural Gas 0.046 0.044

Romania Electricity

Romania Low Electricity 0.115 0.150 0.153

Romania High Electricity 0.135 0.116

Slovakia Natural Gas

Slovakia Low Natural Gas 0.042 0.059

Slovakia High Natural Gas 0.055

Slovakia Electricity

Slovakia Low Electricity 0.160 0.208 0.151

Slovakia High Electricity 0.152 0.137

Slovenia Natural Gas

Slovenia Low Natural Gas 0.049 0.071

Slovenia High Natural Gas 0.064 0.044

Slovenia Electricity

Slovenia Low Electricity 0.113 0.147 0.118

Slovenia High Electricity 0.124 0.106

Spain Madrid Natural Gas

Spain Low Natural Gas 0.050 0.081 0.053

Spain High Natural Gas 0.065 0.037

Spain Madrid Electricity

Spain Low Electricity 0.123 0.159 0.105

Spain High Electricity 0.136 0.091

Sweden Stockholm Natural Gas

Sweden Low Natural Gas 0.096 0.069

Sweden High Natural Gas 0.152 0.057

Sweden Stockholm Electricity

Sweden Low Electricity 0.171 0.223 0.082

Sweden High Electricity 0.072

U.K. London Natural Gas

U.K. Low Natural Gas 0.037 0.054 0.071

U.K. High Natural Gas 0.048 0.060

U.K. London Electricity

U.K. Low Electricity 0.127 0.166 0.149

U.K. High Electricity 0.153 0.118

Source*

Source** W93 W93 W93

Low/High indicates level of consumption (not the price range)

*First Source is HEPI

**Second Source (with Low/High bounds) is the European Price Portal

Page 699: Economics of Photoelectricity - November 13 2012

May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10

0.068 0.068 0.068 0.068 0.068 0.068 0.068 0.065 0.065

0.072 0.071

0.060 0.059

0.197 0.197 0.197 0.197 0.197 0.197 0.197 0.197 0.194

0.171 0.171

0.144 0.147

0.055 0.055 0.054 0.052 0.052 0.051 0.054 0.055 0.054

0.061 0.061

0.044 0.044

0.191 0.192 0.193 0.192 0.192 0.193 0.199 0.199 0.208

0.172 0.172

0.149 0.152

0.029 0.028

0.033 0.034

0.074 0.093

0.070 0.077

0.146 0.144

0.134 0.142

0.040 0.041

0.036

0.114 0.116

0.086 0.087

0.089 0.092 0.091 0.093 0.091 0.092 0.093 0.094 0.094

0.117 0.117

0.122 0.105

0.309 0.309 0.299 0.299 0.299 0.303 0.303 0.303 0.280

0.267 0.268

0.233 0.232

0.028 0.028

0.028 0.027

0.082 0.091

0.073 0.076

N/A N/A N/A N/A N/A N/A N/A N/A N/A

0.107 0.108

0.110 0.107

0.116 0.111 0.114 0.114 0.114 0.116 0.116 0.116 0.116

0.124 0.128

0.098 0.107

0.054 0.054 0.053 0.053 0.053 0.053 0.053 0.054 0.054

0.068 0.068

0.050 0.051

0.123 0.123 0.123 0.123 0.124 0.132 0.132 0.132 0.132

0.132 0.138

0.118 0.117

0.073 0.073 0.070 0.070 0.070 0.064 0.064 0.064 0.064

0.085 0.085

Page 700: Economics of Photoelectricity - November 13 2012

0.066 0.066

0.213 0.213 0.213 0.213 0.213 0.213 0.213 0.213 0.226

0.213 0.211

0.201 0.204

0.057 0.051 0.053 0.054 0.062 0.061 0.050 0.056 0.056

0.029 0.029

0.028 0.029

0.114 0.114 0.114 0.114 0.114 0.114 0.114 0.114 0.114

0.080 0.089

0.087 0.089

0.042 0.042

0.040 0.040

0.145 0.148

0.137 0.146

0.059 0.058 0.058 0.058 0.058 0.053 0.053 0.053 0.053

0.107 0.107

0.108 0.107

0.188 0.186 0.182 0.182 0.181 0.183 0.182 0.183 0.183

0.181 0.184

0.152 0.153

0.074 0.074 0.068 0.069 0.069 0.062 0.062 0.062 0.063

0.073 0.074

0.069 0.069

0.168 0.168 0.166 0.166 0.166 0.166 0.166 0.166 0.163

0.255 0.260

0.221 0.224

0.029 0.030

0.027 0.028

0.080 0.088

0.074 0.077

0.033 0.032

0.026 0.026

0.085 0.091

0.080 0.079

0.052 0.052 0.053 0.053 0.053 0.056 0.056 0.056 0.057

0.062 0.061

0.039 0.040

0.199 0.199 0.199 0.199 0.199 0.199 0.199 0.199 0.183

0.184 0.189

0.179 0.182

0.102

0.119 0.105

0.120

0.075 0.075 0.058 0.058 0.058 0.058 0.058 0.058 0.058

0.047 0.047

0.047 0.046

0.202 0.202 0.196 0.196 0.196 0.196 0.196 0.196 0.175

0.238 0.241

Page 701: Economics of Photoelectricity - November 13 2012

0.233 0.240

0.047 0.048

0.042 0.042

0.137 0.140

0.124 0.127

0.054 0.054 0.054 0.054 0.054 0.054 0.054 0.054 0.054

0.068 0.068

0.052 0.052

0.157 0.157 0.157 0.157 0.157 0.157 0.157 0.157 0.169

0.164 0.172

0.134 0.143

0.035 0.036

0.037 0.035

0.126 0.130

0.113 0.114

0.046 0.046

0.044 0.044

0.175 0.179

0.127 0.136

0.046 0.055

0.051 0.051

0.124 0.132

0.104 0.113

0.058 0.058 0.055 0.055 0.055 0.054 0.054 0.054 0.054

0.062 0.063

0.052 0.053

0.159 0.159 0.159 0.159 0.162 0.162 0.162 0.162 0.166

0.134 0.143

0.114 0.117

0.137 0.138 0.140 0.140 0.142 0.145 0.147 0.147 0.146

0.120 0.120

0.122 0.120

0.137 0.137 0.140 0.139 0.139 0.141 0.141 0.143 0.150

0.187 0.195

0.183 0.192

0.043 0.043 0.044 0.044 0.045 0.043 0.042 0.041 0.041

0.042 0.041

0.041 0.040

0.141 0.139 0.143 0.145 0.146 0.140 0.137 0.135 0.135

0.138 0.138

0.129 0.128

S2217 S2190 S2223 S2218 S2222 S2219 S2220 S2221 S2204

W93 W93

Page 702: Economics of Photoelectricity - November 13 2012

Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10

0.065 0.065 0.065 0.065 0.065 0.065 0.066 0.066 0.066

0.061

0.053

0.194 0.194 0.194 0.195 0.195 0.195 0.195 0.195 0.195

0.194

0.177

0.057 0.057 0.057 0.058 0.059 0.059 0.064 0.064 0.064

0.045

0.039

0.210 0.210 0.215 0.215 0.215 0.215 0.213 0.215 0.216

0.190

0.171

0.035

0.024

0.087

0.083

0.167

0.167

0.045

0.043

0.146

0.119

0.101 0.101 0.112 0.114 0.113 0.113 0.113 0.113 0.110

0.101

0.101

0.280 0.280 0.286 0.286 0.286 0.286 0.289 0.289 0.283

0.246

0.222

0.034

0.032

0.093

0.090

N/A N/A N/A N/A N/A N/A N/A N/A N/A

0.119 0.119 0.118 0.119 0.119 0.119 0.129 0.129 0.130

0.1287

0.114

0.054 0.054 0.058 0.058 0.058 0.058 0.061 0.061 0.061

0.059

0.049

0.132 0.132 0.132 0.132 0.132 0.132 0.132 0.132 0.132

0.122

0.110

0.064 0.064 0.064 0.064 0.064 0.064 0.064 0.064 0.072

0.054

Page 703: Economics of Photoelectricity - November 13 2012

0.046

0.228 0.228 0.228 0.228 0.228 0.228 0.228 0.228 0.228

0.228

0.214

0.057 0.057 0.050 0.050 0.053 0.053 0.057 0.056 0.060

0.114 0.114 0.115 0.115 0.115 0.115 0.116 0.116 0.116

0.106

0.108

0.049

0.049

0.170

0.154

0.049 0.049 0.049 0.049 0.052 0.052 0.052 0.052 0.052

0.047

0.039

0.181 0.181 0.182 0.183 0.182 0.182 0.183 0.182 0.191

0.171

0.165

0.064 0.064 0.074 0.075 0.075 0.075 0.077 0.077 0.077

0.050

0.039

0.163 0.163 0.158 0.158 0.158 0.158 0.158 0.158 0.157

0.195

0.262

0.025

0.020

0.109

0.105

0.040

0.028

0.095

0.087

0.057 0.057 0.056 0.056 0.056 0.056 0.058 0.058 0.058

0.045

0.037

0.182 0.182 0.183 0.184 0.183 0.183 0.184 0.183 0.184

0.185

0.169

0.147

0.143

0.058 0.058 0.058 0.058 0.058 0.058 0.062 0.062 0.062

0.065

0.065

0.175 0.175 0.173 0.173 0.173 0.173 0.173 0.173 0.173

0.174

Page 704: Economics of Photoelectricity - November 13 2012

0.223

0.053

0.044

0.136

0.126

0.054 0.054 0.054 0.054 0.054 0.054 0.056 0.056 0.056

0.059

0.057

0.165 0.165 0.168 0.169 0.168 0.168 0.170 0.170 0.170

0.167

0.145

0.025

0.025

0.103

0.095

0.049

0.049

0.157

0.161

0.043

0.038

0.132

0.116

0.054 0.054 0.056 0.056 0.056 0.056 0.060 0.060 0.060

0.047

0.041

0.166 0.166 0.166 0.166 0.166 0.166 0.169 0.169 0.178

0.172

0.157

0.169 0.169 0.176 0.178 0.180 0.180 0.182 0.184 0.186

0.105

0.094

0.158 0.158 0.169 0.167 0.167 0.167 0.169 0.171 0.175

0.145

0.148

0.040 0.040 0.040 0.040 0.041 0.041 0.042 0.043 0.043

0.040

0.038

0.137 0.137 0.138 0.137 0.138 0.138 0.145 0.146 0.146

0.135

0.118

S2216 S2202 S2215 S2214 S2213 S2212 S2211 S2210 S2209

W93

Page 705: Economics of Photoelectricity - November 13 2012

Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11

0.066 0.066 0.067 0.067 0.067 0.073 0.073 0.073 0.073

0.064 0.061

0.056 0.055

0.195 0.195 0.194 0.194 0.194 0.194 0.194 0.194 0.194

0.204 0.203

0.187 0.184

0.065 0.066 0.067 0.068 0.068 0.072 0.080 0.072 0.072

0.047 0.062

0.042 0.055

0.215 0.215 0.223 0.228 0.234 0.240 0.240 0.239 0.236

0.192 0.207

0.178 0.185

0.038 0.044

0.027 0.044

0.097 0.088

0.092 0.088

0.176 0.202

0.175 0.201

0.046 0.052

0.045 0.050

0.156 0.145

0.126 0.120

0.110 0.111 0.115 0.116 0.122 0.125 0.125 0.121 0.122

0.105 0.110

0.106 0.110

0.283 0.282 0.302 0.302 0.301 0.308 0.308 0.308 0.305

0.263 0.2864

0.232 0.248

0.036 0.041

0.034 0.040

0.101 0.1062

0.093 0.104

N/A N/A N/A N/A N/A N/A N/A N/A N/A

0.130 0.130 0.140 0.145 0.145 0.145 0.145 0.145 0.152

0.1401 0.1455

0.119 0.127

0.061 0.061 0.061 0.061 0.061 0.065 0.065 0.064 0.065

0.062 0.0584

0.052 0.049

0.132 0.132 0.135 0.135 0.135 0.135 0.135 0.135 0.137

0.131 0.1365

0.114 0.123

0.072 0.072 0.071 0.071 0.071 0.071 0.071 0.071 0.071

0.057 0.058

Page 706: Economics of Photoelectricity - November 13 2012

0.048 0.057

0.230 0.230 0.251 0.251 0.251 0.251 0.251 0.251 0.251

0.246 0.2588

0.227 0.243

0.055 0.052 0.064 0.065 0.066 0.073 0.073 0.070 0.070

0.116 0.116 0.131 0.131 0.130 0.130 0.130 0.130 0.130

0.114 0.1282

0.114 0.148

0.052 0.056

0.051 0.054

0.180 0.167

0.162 0.159

0.052 0.052 0.052 0.051 0.051 0.051 0.051 0.051 0.051

0.050 0.054

0.042 0.049

0.187 0.187 0.187 0.186 0.186 0.186 0.186 0.186 0.191

0.186 0.1991

0.176 0.179

0.077 0.077 0.077 0.078 0.078 0.079 0.079 0.079 0.082

0.054 0.079

0.047 0.068

0.157 0.157 0.157 0.157 0.157 0.163 0.163 0.163 0.166

0.209 0.2019

0.278 0.254

0.027 0.041

0.033 0.040

0.121 0.112

0.113 0.112

0.044 0.046

0.031 0.041

0.106 0.128

0.095 0.124

0.058 0.058 0.058 0.058 0.058 0.061 0.061 0.065 0.065

0.047 0.048

0.039 0.049

0.184 0.184 0.177 0.176 0.177 0.177 0.177 0.176 0.177

0.201 0.1854

0.182 0.173

0.158 0.170

0.151 0.180

0.062 0.062 0.060 0.060 0.060 0.060 0.060 0.060 0.066

0.070 0.0727

0.071 0.069

0.173 0.173 0.176 0.176 0.176 0.176 0.176 0.176 0.178

0.195 0.183

Page 707: Economics of Photoelectricity - November 13 2012

0.252 0.226

0.056 0.051

0.046 0.046

0.146 0.146

0.135 0.141

0.056 0.056 0.056 0.056 0.059 0.059 0.059 0.059 0.062

0.061 0.064

0.059 0.056

0.170 0.170 0.181 0.181 0.181 0.181 0.181 0.181 0.181

0.178 0.1764

0.153 0.161

0.027 0.028

0.026 0.028

0.108 0.111

0.101 0.109

0.052 0.046

0.051 0.045

0.163 0.174

0.166 0.155

0.044 0.069

0.039 0.065

0.136 0.151

0.121 0.138

0.060 0.060 0.062 0.062 0.062 0.065 0.065 0.065 0.069

0.051 0.055

0.044 0.052

0.187 0.187 0.205 0.205 0.205 0.206 0.206 0.207 0.209

0.186 0.1964

0.170 0.180

0.188 0.188 0.189 0.209 0.213 0.214 0.214 0.213 0.211

0.110 0.109

0.099 0.100

0.178 0.182 0.205 0.202 0.198 0.198 0.198 0.195 0.190

0.154 0.1959

0.155 0.170

0.044 0.043 0.043 0.044 0.045 0.044 0.044 0.044 0.044

0.044 0.043

0.041 0.037

0.142 0.144 0.143 0.145 0.152 0.148 0.148 0.146 0.145

0.145 0.1537

0.126 0.139

S2203 S2208 S2207 S2206 S2192 S2225 S2226 S2193 S2194

W93

Page 708: Economics of Photoelectricity - November 13 2012

Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12

0.073 0.073 0.077 0.077 0.077 0.077 0.077 0.077 0.077

0.063

0.057

0.194 0.194 0.194 0.194 0.194 0.192 0.192 0.192 0.192

0.213

0.193

0.075 0.075 0.076 0.077 0.077 0.078 0.078 0.078 0.078

0.065

0.058

0.233 0.230 0.232 0.229 0.228 0.226 0.233 0.236 0.237

0.222

0.198

0.046

0.046

0.093

0.094

0.213

0.212

0.054

0.051

0.154

0.128

0.210 0.122 0.122 0.118 0.119 0.119 0.120 0.119 0.112

0.1166

0.117

0.305 0.305 0.301 0.307 0.307 0.315 0.315 0.314 0.306

0.308

0.267

0.043

0.043

0.113

0.110

N/A N/A N/A N/A N/A N/A N/A N/A N/A

0.152 0.152 0.151 0.151 0.151 0.151 0.151 0.146 0.142

0.1574

0.138

0.065 0.065 0.065 0.065 0.065 0.067 0.068 0.068 0.067

0.0622

0.052

0.139 0.139 0.139 0.139 0.139 0.139 0.139 0.139 0.139

0.148

0.133

0.071 0.071 0.071 0.071 0.071 0.071 0.073 0.077 0.077

0.062

Page 709: Economics of Photoelectricity - November 13 2012

0.060

0.251 0.251 0.251 0.251 0.265 0.262 0.262 0.262 0.262

0.278

0.261

0.070 0.070 0.075 0.075 0.079 0.081 0.080 0.078 0.077

0.130 0.130 0.130 0.130 0.130 0.137 0.137 0.137 0.137

0.140

0.162

0.059

0.057

0.179

0.170

0.051 0.051 0.062 0.062 0.062 0.062 0.062 0.062 0.062

0.0573

0.053

0.199 0.199 0.214 0.213 0.213 0.210 0.210 0.211 0.211

0.216

0.194

0.082 0.082 0.086 0.086 0.086 0.088 0.089 0.089 0.090

0.083

0.072

0.166 0.166 0.166 0.166 0.166 0.177 0.177 0.177 0.195

0.216

0.272

0.042

0.042

0.117

0.118

0.048

0.043

0.138

0.134

0.065 0.064 0.064 0.064 0.064 0.064 0.064 0.064 0.067

0.0515

0.053

0.177 0.178 0.179 0.178 0.179 0.184 0.184 0.184 0.184

0.201

0.188

0.182

0.193

0.066 0.066 0.066 0.066 0.066 0.068 0.068 0.068 0.068

0.0772

0.073

0.178 0.178 0.178 0.178 0.178 0.192 0.192 0.192 0.192

0.220

Page 710: Economics of Photoelectricity - November 13 2012

0.246

0.055

0.049

0.160

0.155

0.062 0.062 0.062 0.062 0.062 0.072 0.074 0.074 0.074

0.0684

0.060

0.181 0.181 0.181 0.181 0.181 0.215 0.215 0.215 0.215

0.193

0.175

0.030

0.029

0.130

0.119

0.047

0.047

0.182

0.162

0.074

0.069

0.165

0.151

0.069 0.069 0.070 0.070 0.070 0.070 0.070 0.070 0.074

0.059

0.056

0.209 0.209 0.208 0.208 0.209 0.210 0.210 0.210 0.212

0.215

0.197

0.210 0.208 0.208 0.208 0.209 0.210 0.212 0.194 0.195

0.113

0.104

0.183 0.183 0.178 0.178 0.181 0.169 0.172 0.181 0.164

0.207

0.179

0.047 0.047 0.051 0.051 0.052 0.053 0.053 0.053 0.054

0.047

0.040

0.153 0.153 0.156 0.157 0.158 0.161 0.161 0.163 0.164

0.168

0.151

S2195 S2196 S2197 S2198 S2199 S2200 S2201 S2191 S2559

W93

Page 711: Economics of Photoelectricity - November 13 2012

May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12

0.077 0.077 0.077 0.077 0.077 0.000

0.070

0.062

0.192 0.192 0.196 0.195 0.195 0.000

0.199

0.180

0.078 0.078 0.078 0.078 0.078 0.000

0.057

0.055

0.237 0.236 0.236 0.233 0.233 0.000

0.213

0.194

0.043

0.043

0.083

0.082

0.285

0.280

0.054

0.051

0.148

0.128

0.112 0.110 0.109 0.111 0.113 0.000

0.115

0.118

0.306 0.306 0.307 0.307 0.308 0.000

0.298

0.256

0.041

0.041

0.099

0.095

N/A N/A N/A N/A N/A 0.000

0.142 0.142 0.142 0.142 0.142 0.000

0.157

0.137

0.067 0.067 0.067 0.068 0.068 0.000

0.058

0.051

0.139 0.139 0.141 0.143 0.143 0.000

0.1412

0.128

0.077 0.077 0.077 0.077 0.072 0.000

0.0574

Page 712: Economics of Photoelectricity - November 13 2012

0.058

0.262 0.262 0.262 0.262 0.262 0.000

0.254

0.241

0.077 0.078 0.084 0.084 0.083 0.000

0.137 0.137 0.137 0.137 0.137 0.000

0.1265

0.155

0.057

0.056

0.171

0.162

0.062 0.062 0.065 0.065 0.065 0.000

0.0506

0.048

0.211 0.211 0.214 0.214 0.214 0.000

0.192

0.160

0.090 0.090 0.092 0.092 0.092 0.000

0.07

0.067

0.195 0.195 0.195 0.194 0.194 0.000

0.2031

0.249

0.039

0.039

0.119

0.119

0.043

0.038

0.120

0.120

0.067 0.067 0.067 0.067 0.067 0.000

0.0516

0.048

0.184 0.184 0.184 0.184 0.184 0.000

0.1707

0.159

0.170

0.183

0.068 0.068 0.071 0.071 0.071 0.000

0.073

0.068

0.192 0.192 0.192 0.192 0.192 0.000

0.221

Page 713: Economics of Photoelectricity - November 13 2012

0.244

0.047

0.043

0.149

0.142

0.074 0.074 0.081 0.081 0.081 0.000

0.0609

0.055

0.215 0.215 0.217 0.217 0.216 0.000

0.1689

0.155

0.029

0.028

0.110

0.107

0.047

0.051

0.168

0.150

0.067

0.059

0.145

0.134

0.074 0.073 0.075 0.075 0.077 0.000

0.0525

0.050

0.212 0.211 0.219 0.219 0.225 0.000

0.1959

0.178

0.195 0.194 0.193 0.197 0.202 0.000

0.123

0.113

0.164 0.164 0.166 0.160 0.173 0.000

0.2008

0.182

0.054 0.055 0.056 0.056 0.056 0.000

0.0419

0.038

0.164 0.166 0.170 0.171 0.172 0.000

0.1419

0.127

S2557 S2560 S2828 S2827 S2826 Linked

W93, S2825

Page 714: Economics of Photoelectricity - November 13 2012

Euro/kWh Austria Belgium Denmark Finland France Germany

Vienna Brussels Copenhagen Helsinki Paris Berlin

Natural Gas Natural Gas Natural Gas Natural Gas Natural Gas Natural Gas

May-09 0.068 0.055 0.089 N/A 0.054 0.073

Jun-09 0.068 0.055 0.092 N/A 0.054 0.073

Jul-09 0.068 0.054 0.091 N/A 0.053 0.070

Aug-09 0.068 0.052 0.093 N/A 0.053 0.070

Sep-09 0.068 0.052 0.091 N/A 0.053 0.070

Oct-09 0.068 0.051 0.092 N/A 0.053 0.064

Nov-09 0.068 0.054 0.093 N/A 0.053 0.064

Dec-09 0.065 0.055 0.094 N/A 0.054 0.064

Jan-10 0.065 0.054 0.094 N/A 0.054 0.064

Feb-10 0.065 0.057 0.101 N/A 0.054 0.064

Mar-10 0.065 0.057 0.101 N/A 0.054 0.064

Apr-10 0.065 0.057 0.112 N/A 0.058 0.064

May-10 0.065 0.058 0.114 N/A 0.058 0.064

Jun-10 0.065 0.059 0.113 N/A 0.058 0.064

Jul-10 0.065 0.059 0.113 N/A 0.058 0.064

Aug-10 0.066 0.064 0.113 N/A 0.061 0.064

Sep-10 0.066 0.064 0.113 N/A 0.061 0.064

Oct-10 0.066 0.064 0.110 N/A 0.061 0.072

Nov-10 0.066 0.065 0.110 N/A 0.061 0.072

Dec-10 0.066 0.066 0.111 N/A 0.061 0.072

Jan-11 0.067 0.067 0.115 N/A 0.061 0.071

Feb-11 0.067 0.068 0.116 N/A 0.061 0.071

Mar-11 0.067 0.068 0.122 N/A 0.061 0.071

Apr-11 0.073 0.072 0.125 N/A 0.065 0.071

May-11 0.073 0.080 0.125 N/A 0.065 0.071

Jun-11 0.073 0.072 0.121 N/A 0.064 0.071

Jul-11 0.073 0.072 0.122 N/A 0.065 0.071

Aug-11 0.073 0.075 0.210 N/A 0.065 0.071

Sep-11 0.073 0.075 0.122 N/A 0.065 0.071

Oct-11 0.077 0.076 0.122 N/A 0.065 0.071

Nov-11 0.077 0.077 0.118 N/A 0.065 0.071

Dec-11 0.077 0.077 0.119 N/A 0.065 0.071

Jan-12 0.077 0.078 0.119 N/A 0.067 0.071

Feb-12 0.077 0.078 0.120 N/A 0.068 0.073

Mar-12 0.077 0.078 0.119 N/A 0.068 0.077

Apr-12 0.077 0.078 0.112 N/A 0.067 0.077

May-12 0.077 0.078 0.112 N/A 0.067 0.077

Jun-12 0.077 0.078 0.110 N/A 0.067 0.077

Jul-12 0.077 0.078 0.109 N/A 0.067 0.077

Aug-12 0.077 0.078 0.111 N/A 0.068 0.077

Sep-12 0.077 0.078 0.113 N/A 0.068 0.072

Oct-12 0.077 0.078 0.112 N/A 0.070 0.072

Page 715: Economics of Photoelectricity - November 13 2012

Greece Ireland Italy Luxembourg Netherlands Portugal Spain

Athens Dublin Rome Luxembourg Amsterdam Lisbon Madrid

Natural Gas Natural Gas Natural Gas Natural Gas Natural Gas Natural Gas Natural Gas

0.057 0.059 0.074 0.052 0.075 0.054 0.058

0.051 0.058 0.074 0.052 0.075 0.054 0.058

0.053 0.058 0.068 0.053 0.058 0.054 0.055

0.054 0.058 0.069 0.053 0.058 0.054 0.055

0.062 0.058 0.069 0.053 0.058 0.054 0.055

0.061 0.053 0.062 0.056 0.058 0.054 0.054

0.050 0.053 0.062 0.056 0.058 0.054 0.054

0.056 0.053 0.062 0.056 0.058 0.054 0.054

0.056 0.053 0.063 0.057 0.058 0.054 0.054

0.057 0.049 0.064 0.057 0.058 0.054 0.054

0.057 0.049 0.064 0.057 0.058 0.054 0.054

0.050 0.049 0.074 0.056 0.058 0.054 0.056

0.050 0.049 0.075 0.056 0.058 0.054 0.056

0.053 0.052 0.075 0.056 0.058 0.054 0.056

0.053 0.052 0.075 0.056 0.058 0.054 0.056

0.057 0.052 0.077 0.058 0.062 0.056 0.060

0.056 0.052 0.077 0.058 0.062 0.056 0.060

0.060 0.052 0.077 0.058 0.062 0.056 0.060

0.055 0.052 0.077 0.058 0.062 0.056 0.060

0.052 0.052 0.077 0.058 0.062 0.056 0.060

0.064 0.052 0.077 0.058 0.060 0.056 0.062

0.065 0.051 0.078 0.058 0.060 0.056 0.062

0.066 0.051 0.078 0.058 0.060 0.059 0.062

0.073 0.051 0.079 0.061 0.060 0.059 0.065

0.073 0.051 0.079 0.061 0.060 0.059 0.065

0.070 0.051 0.079 0.065 0.060 0.059 0.065

0.070 0.051 0.082 0.065 0.066 0.062 0.069

0.070 0.051 0.082 0.065 0.066 0.062 0.069

0.070 0.051 0.082 0.064 0.066 0.062 0.069

0.075 0.062 0.086 0.064 0.066 0.062 0.070

0.075 0.062 0.086 0.064 0.066 0.062 0.070

0.079 0.062 0.086 0.064 0.066 0.062 0.070

0.081 0.062 0.088 0.064 0.068 0.072 0.070

0.080 0.062 0.089 0.064 0.068 0.074 0.070

0.078 0.062 0.089 0.064 0.068 0.074 0.070

0.077 0.062 0.090 0.067 0.068 0.074 0.074

0.077 0.062 0.090 0.067 0.068 0.074 0.074

0.078 0.062 0.090 0.067 0.068 0.074 0.073

0.084 0.065 0.092 0.067 0.071 0.081 0.075

0.084 0.065 0.092 0.067 0.071 0.081 0.075

0.083 0.065 0.092 0.067 0.071 0.081 0.077

0.082 0.070 0.093 0.068 0.072 0.081 0.077

Page 716: Economics of Photoelectricity - November 13 2012

Sweden U.K.

Stockholm London

Natural Gas Natural Gas Source

0.137 0.043 S2217

0.138 0.043 S2190

0.140 0.044 S2223

0.140 0.044 S2218

0.142 0.045 S2222

0.145 0.043 S2219

0.147 0.042 S2220

0.147 0.041 S2221

0.146 0.041 S2204

0.169 0.040 S2216

0.169 0.040 S2202

0.176 0.040 S2215

0.178 0.040 S2214

0.180 0.041 S2213

0.180 0.041 S2212

0.182 0.042 S2211

0.184 0.043 S2210

0.186 0.043 S2209

0.188 0.044 S2203

0.188 0.043 S2208

0.189 0.043 S2207

0.209 0.044 S2206

0.213 0.045 S2192

0.214 0.044 S2225

0.214 0.044 S2226

0.213 0.044 S2193

0.211 0.044 S2194

0.210 0.047 S2195

0.208 0.047 S2196

0.208 0.051 S2197

0.208 0.051 S2198

0.209 0.052 S2199

0.210 0.053 S2200

0.212 0.053 S2201

0.194 0.053 S2191

0.195 0.054 S2559

0.195 0.054 S2557

0.194 0.055 S2560

0.193 0.056 S2828

0.197 0.056 S2827

0.202 0.056 S2826

0.205 0.057 S2917

Page 717: Economics of Photoelectricity - November 13 2012

Euro/kWh Austria Belgium Denmark Finland France Germany

Vienna Brussels Copenhagen Helsinki Paris Berlin

Electricity Electricity Electricity Electricity Electricity Electricity

2001

2002

2003

2004

2005

2006

2007

2008

May-09 0.197 0.191 0.309 0.116 0.123 0.213

Jun-09 0.197 0.192 0.309 0.111 0.123 0.213

Jul-09 0.197 0.193 0.299 0.114 0.123 0.213

Aug-09 0.197 0.192 0.299 0.114 0.123 0.213

Sep-09 0.197 0.192 0.299 0.114 0.124 0.213

Oct-09 0.197 0.193 0.303 0.116 0.132 0.213

Nov-09 0.197 0.199 0.303 0.116 0.132 0.213

Dec-09 0.197 0.199 0.303 0.116 0.132 0.213

Jan-10 0.194 0.208 0.280 0.116 0.132 0.226

Feb-10 0.194 0.210 0.280 0.119 0.132 0.228

Mar-10 0.194 0.210 0.280 0.119 0.132 0.228

Apr-10 0.194 0.215 0.286 0.118 0.132 0.228

May-10 0.195 0.215 0.286 0.119 0.132 0.228

Jun-10 0.195 0.215 0.286 0.119 0.132 0.228

Jul-10 0.195 0.215 0.286 0.119 0.132 0.228

Aug-10 0.195 0.213 0.289 0.129 0.132 0.228

Sep-10 0.195 0.215 0.289 0.129 0.132 0.228

Oct-10 0.195 0.216 0.283 0.130 0.132 0.228

Nov-10 0.195 0.215 0.283 0.130 0.132 0.230

Dec-10 0.195 0.215 0.282 0.130 0.132 0.230

Jan-11 0.194 0.223 0.302 0.140 0.135 0.251

Feb-11 0.194 0.228 0.302 0.145 0.135 0.251

Mar-11 0.194 0.234 0.301 0.145 0.135 0.251

Apr-11 0.194 0.240 0.308 0.145 0.135 0.251

May-11 0.194 0.240 0.308 0.145 0.135 0.251

Jun-11 0.194 0.239 0.308 0.145 0.135 0.251

Jul-11 0.194 0.236 0.305 0.152 0.137 0.251

Aug-11 0.194 0.233 0.305 0.152 0.139 0.251

Sep-11 0.194 0.230 0.305 0.152 0.139 0.251

Oct-11 0.194 0.232 0.301 0.151 0.139 0.251

Nov-11 0.194 0.229 0.307 0.151 0.139 0.251

Dec-11 0.194 0.228 0.307 0.151 0.139 0.265

Jan-12 0.192 0.226 0.315 0.151 0.139 0.262

Feb-12 0.192 0.233 0.315 0.151 0.139 0.262

Mar-12 0.192 0.236 0.314 0.146 0.139 0.262

Apr-12 0.192 0.237 0.306 0.142 0.139 0.262

May-12 0.192 0.237 0.306 0.142 0.139 0.262

Jun-12 0.192 0.236 0.306 0.142 0.139 0.262

Jul-12 0.196 0.236 0.307 0.142 0.141 0.262

Aug-12 0.195 0.233 0.307 0.142 0.143 0.262

Sep-12 0.195 0.233 0.308 0.142 0.143 0.262

Oct-12 0.195 0.236 0.312 0.139 0.143 0.262

Nov-12

Dec-12

Jan-13

Feb-13

Mar-13

Apr-13

May-13

Jun-13

Jul-13

Aug-13

Sep-13

Oct-13

Page 718: Economics of Photoelectricity - November 13 2012

Nov-13

Dec-13

Jan-14

Feb-14

Mar-14

Apr-14

May-14

Jun-14

Jul-14

Aug-14

Sep-14

Page 719: Economics of Photoelectricity - November 13 2012

Greece Ireland Italy Luxembourg Netherlands Portugal Spain

Athens Dublin Rome Luxembourg Amsterdam Lisbon Madrid

Electricity Electricity Electricity Electricity Electricity Electricity Electricity

0.114 0.188 0.168 0.199 0.202 0.157 0.159

0.114 0.186 0.168 0.199 0.202 0.157 0.159

0.114 0.182 0.166 0.199 0.196 0.157 0.159

0.114 0.182 0.166 0.199 0.196 0.157 0.159

0.114 0.181 0.166 0.199 0.196 0.157 0.162

0.114 0.183 0.166 0.199 0.196 0.157 0.162

0.114 0.182 0.166 0.199 0.196 0.157 0.162

0.114 0.183 0.166 0.199 0.196 0.157 0.162

0.114 0.183 0.163 0.183 0.175 0.169 0.166

0.114 0.181 0.163 0.182 0.175 0.165 0.166

0.114 0.181 0.163 0.182 0.175 0.165 0.166

0.115 0.182 0.158 0.183 0.173 0.168 0.166

0.115 0.183 0.158 0.184 0.173 0.169 0.166

0.115 0.182 0.158 0.183 0.173 0.168 0.166

0.115 0.182 0.158 0.183 0.173 0.168 0.166

0.116 0.183 0.158 0.184 0.173 0.170 0.169

0.116 0.182 0.158 0.183 0.173 0.170 0.169

0.116 0.191 0.157 0.184 0.173 0.170 0.178

0.116 0.187 0.157 0.184 0.173 0.170 0.187

0.116 0.187 0.157 0.184 0.173 0.170 0.187

0.131 0.187 0.157 0.177 0.176 0.181 0.205

0.131 0.186 0.157 0.176 0.176 0.181 0.205

0.130 0.186 0.157 0.177 0.176 0.181 0.205

0.130 0.186 0.163 0.177 0.176 0.181 0.206

0.130 0.186 0.163 0.177 0.176 0.181 0.206

0.130 0.186 0.163 0.176 0.176 0.181 0.207

0.130 0.191 0.166 0.177 0.178 0.181 0.209

0.130 0.199 0.166 0.177 0.178 0.181 0.209

0.130 0.199 0.166 0.178 0.178 0.181 0.209

0.130 0.214 0.166 0.179 0.178 0.181 0.208

0.130 0.213 0.166 0.178 0.178 0.181 0.208

0.130 0.213 0.166 0.179 0.178 0.181 0.209

0.137 0.210 0.177 0.184 0.192 0.215 0.210

0.137 0.210 0.177 0.184 0.192 0.215 0.210

0.137 0.211 0.177 0.184 0.192 0.215 0.210

0.137 0.211 0.195 0.184 0.192 0.215 0.212

0.137 0.211 0.195 0.184 0.192 0.215 0.212

0.137 0.211 0.195 0.184 0.192 0.215 0.211

0.137 0.214 0.195 0.184 0.192 0.217 0.219

0.137 0.214 0.194 0.184 0.192 0.217 0.219

0.137 0.214 0.194 0.184 0.192 0.216 0.225

0.137 0.226 0.197 0.184 0.196 0.216 0.220

Page 720: Economics of Photoelectricity - November 13 2012

Sweden U.K.

Stockholm London

Electricity Electricity Source

0.137 0.141 S2217

0.137 0.139 S2190

0.140 0.143 S2223

0.139 0.145 S2218

0.139 0.146 S2222

0.141 0.140 S2219

0.141 0.137 S2220

0.143 0.135 S2221

0.150 0.135 S2204

0.158 0.137 S2216

0.158 0.137 S2202

0.169 0.138 S2215

0.167 0.137 S2214

0.167 0.138 S2213

0.167 0.138 S2212

0.169 0.145 S2211

0.171 0.146 S2210

0.175 0.146 S2209

0.178 0.142 S2203

0.182 0.144 S2208

0.205 0.143 S2207

0.202 0.145 S2206

0.198 0.152 S2192

0.198 0.148 S2225

0.198 0.148 S2226

0.195 0.146 S2193

0.190 0.145 S2194

0.183 0.153 S2195

0.183 0.153 S2196

0.178 0.156 S2197

0.178 0.157 S2198

0.181 0.158 S2199

0.169 0.161 S2200

0.172 0.161 S2201

0.181 0.163 S2191

0.164 0.164 S2559

0.164 0.164 S2557

0.164 0.166 S2560

0.166 0.170 S2828

0.160 0.171 S2827

0.173 0.172 S2826

0.178 0.173 S2917

Page 721: Economics of Photoelectricity - November 13 2012

Source Argentina (EPE) Source

May - 2007 0.0227 S902 0.0577 S902

January - 2010 0.0181 S860 0.0681 S860

March - 2011 0.0171 S1571 0.0785 S1571

November - 2011 0.0162 S861 0.0743 S861

May - 2012 0.0200 S892 0.1040 S892

Argentina (Edenor/Edesur)

Page 722: Economics of Photoelectricity - November 13 2012

Argentina (EPEC) Source Ecuador (EEQ) Source Mexico (DF)

0.0554 S902 0.0914 S902 0.1421

0.0714 S860 0.0910 S860 0.1374

0.0860 S1571 0.0910 S1571 0.1510

0.0910 S861 0.0814 S861 0.1383

0.0910 S892 0.0979 S892 0.1421

Page 723: Economics of Photoelectricity - November 13 2012

Source Peru (Luz del Sur) Source Brazil (Ligth) Source

S902 0.0972 S902 0.1167 S902

S860 0.1069 S860 0.1442 S860

S1571 0.1159 S1571 0.1927 S1571

S861 0.1212 S861 0.1961 S861

S892 0.1296 S892 0.1313 S892

Page 724: Economics of Photoelectricity - November 13 2012

El Salvador (CAES) Source Uruguay (UTE) Source Guatamala (EEGSA)

0.1399 S902 0.1336 S902 0.1593

0.1729 S860 0.2110 S860 0.1760

0.1881 S1571 0.2249 S1571 0.2042

0.1626 S861 0.1813 S861 0.2359

0.1656 S892 0.1842 S892 0.2375

Page 725: Economics of Photoelectricity - November 13 2012

Source Chile (Chilectra) Source Panama (Edemet) Source

S902 0.1384 S902 0.1777 S902

S860 0.1788 S860 0.1879 S860

S1571 0.1823 S1571 0.1667 S1571

S861 0.2223 S861 0.2203 S861

S892 0.2418 S892 0.2303 S892

Page 726: Economics of Photoelectricity - November 13 2012

Source

0.1215 S902

0.2283 S860

0.2568 S1571

0.2905 S861

0.2842 S892

Dominican Republic (Edenorte)

Page 727: Economics of Photoelectricity - November 13 2012

1999 2000 2001 2002

Albania Natural Gas

Source

Albania Electricity

Source

Argentina Natural Gas

Source

Argentina Electricity

Source

Australia Natural Gas

Source

Australia Electricity 0.0700 0.0635 0.0630 0.0667

Source S2243 S2243 S2243 S2243

Austria Natural Gas 0.0317 0.0325 0.0354 0.0346

Source S2243 S2243 S2243 S2243

Austria Electricity 0.1317 0.1164 0.1175 0.1347

Source S2243 S2243 S2243 S2243

Belgium Natural Gas 0.0322 0.0347

Source S2243 S2243

Belgium Electricity 0.1490 0.1311 0.1287 0.1348

Source S2243 S2243 S2629, N168 S2629, N168

Bosnia and Herzegovina Natural Gas

Source

Bosnia and Herzegovina Electricity

Source

Brazil Natural Gas

Source

Brazil Electricity

Source

Bulgaria Natural Gas

Source

Bulgaria Electricity

Source

Canada Natural Gas 0.0183 0.0172 0.0253 0.0203

Source S2243 S2243 S2243 S2243

Canada Electricity 0.0545 0.0529 0.0525 0.0539

Source S2243 S2243 S2243 S2243

Cape Verde Electricity

Source

Chile Natural Gas

Source

Chile Electricity

Source

Colombia Natural Gas

Source

Colombia Electricity

Source

Costa Rica Natural Gas

Source

Costa Rica Electricity

Source

Croatia Natural Gas

Source

Croatia Electricity

Source

Cyprus Natural Gas

Source

Page 728: Economics of Photoelectricity - November 13 2012

Cyprus Electricity

Source

Czech Rep. Natural Gas 0.0159 0.0185 0.0200 0.0237

Source S2243 S2243 S2243 S2243

Czech Rep. Electricity 0.0512 0.0545 0.0596 0.0763

Source S2243 S2243 S2243 S2243

Denmark Natural Gas 0.0563 0.0634 0.0610 0.0621

Source S2243 S2243 S2243 S2243

Denmark Electricity 0.2074 0.1980 0.1951 0.2094

Source S2243 S2243 S2243 S2243

Dominican Republic Natural Gas

Source

Dominican Republic Electricity

Source

Ecuador Natural Gas

Source

Ecuador Electricity

Source

El Salvador Natural Gas

Source

El Salvador Electricity

Source

Estonia Natural Gas

Source

Estonia Electricity

Source

Finland Natural Gas 0.0132 0.0136 0.0188 0.0180

Source S2243 S2243 S2243 S2243

Finland Electricity 0.0934 0.0704 0.0676 0.0856

Source S2243 S2243 S2243 S2243

France Natural Gas 0.0327 0.0296 0.0343 0.0379

Source S2243 S2243 S2243 S2243

France Electricity 0.1182 0.1007 0.0975 0.1083

Source S2243 S2243 S2243 S2243

Germany Natural Gas 0.0322 0.0318

Source S2243 S2243

Germany Electricity 0.1483 0.1195 0.1226 0.1404

Source S2243 S2243 S2243 S2243

Greece Natural Gas 0.0031 0.0031 0.0032 0.0035

Source S2243 S2243 S2243 S2243

Electricity 0.0843 0.0691 0.0696 0.0796

Source S2243 S2243 S2243 S2243

Haiti Natural Gas 1.0432 0.9133 0.8874 0.9765

Source

Electricity

Source

Hungary Natural Gas 0.0159 0.0135 0.0129 0.0152

Source S2243 S2243 S2243 S2243

Electricity 0.0727 0.0655 0.0683 0.0799

Source S2243 S2243 S2243 S2243

India Natural Gas

Source

India Electricity 0.0288 0.0330 0.0345 0.0353

Source S2243 S2243 S2243 S2243

Indonesia Natural Gas 0.0014 0.0013

Source S2243 S2243

Indonesia Electricity 0.0252 0.0249 0.0254 0.0432

Page 729: Economics of Photoelectricity - November 13 2012

Source S2243 S2243 S2243 S2243

Ireland Natural Gas 0.0366 0.0295 0.0301 0.0335

Source S2243 S2243 S2243 S2243

Ireland Electricity 0.1148 0.1005 0.0935 0.1107

Source S2243 S2243 S2243 S2243

Israel Natural Gas

Source

Israel Electricity 0.0759 0.0794 0.0765 0.0783

Source S2243 S2243 S2243 S2243

Italy Natural Gas 0.0538

Source S2243

Italy Electricity 0.1443 0.1343 0.1464 0.1611

Source S2243 S2243 S2243 S2243

Japan Natural Gas 0.1030 0.1113 0.1005 0.0935

Source S2243 S2243 S2243 S2243

Japan Electricity 0.2128 0.2141 0.1876 0.1744

Source S2243 S2243 S2243 S2243

Kazakhstan Natural Gas 0.0044 0.0039 0.0040 0.0043

Source S2243 S2243 S2243 S2243

Kazakhstan Electricity 0.0325 0.0268 0.0257 0.0256

Source S2243 S2243 S2243 S2243

Korea Natural Gas

Source

Korea Electricity 0.0817 0.0823 0.0707 0.0712

Source S2243 S2243 S2243 S2243

Latvia Natural Gas

Source

Latvia Electricity

Source

Lithuania Natural Gas

Source

Lithuania Electricity

Source

Luxembourg Natural Gas 0.0206 0.0235 0.0256 0.0243

Source S2243 S2243 S2243 S2243

Luxembourg Electricity 0.1157 0.0984 0.0968 0.1157

Source S2243 S2243 S2243 S2243

Malta Natural Gas

Source

Malta Electricity

Source

Mexico Natural Gas

Source

Mexico Electricity 0.0593 0.0682 0.0751 0.0922

Source S2243 S2243 S2243 S2243

Montenegro Natural Gas

Source

Montenegro Electricity

Source

Netherlands Natural Gas 0.0311 0.0306 0.0342 0.0407

Source S2243 S2243 S2243 S2243

Netherlands Electricity 0.1296 0.1299 0.1435 0.1604

Source S2243 S2243 S2243 S2243

New Zealand Natural Gas 0.0326 0.0311 0.0286 0.0292

Source S2243 S2243 S2243 S2243

New Zealand Electricity 0.0701 0.0605 0.0593 0.0711

Source S2243 S2243 S2243 S2243

Page 730: Economics of Photoelectricity - November 13 2012

Nicaragua Natural Gas

Source

Nicaragua Electricity

Source

Norway Natural Gas

Source

Norway Electricity 0.0632 0.0579 0.0727 0.0812

Source S2243 S2243 S2243 S2243

Panama Natural Gas

Source

Panama Electricity

Source

Paraguay Natural Gas

Source

Paraguay Electricity

Source

Peru Natural Gas

Source

Peru Electricity

Source

Poland Natural Gas 0.0210 0.0213 0.0261 0.0290

Source S2243 S2243 S2243 S2243

Poland Electricity 0.0652 0.0655 0.0792 0.0839

Source S2243 S2243 S2243 S2243

Portugal Natural Gas 0.0580

Source S2243

Portugal Electricity 0.1377 0.1185 0.1166 0.1314

Source S2243 S2243 S2243 S2243

Puerto Rico Electricity

Source

Romania Natural Gas 0.0274 0.0361 0.0272 0.0341

Source S2243 S2243 S2243 S2243

Romania Electricity 0.2516 0.3622 0.2043 0.2299

Source S2243 S2243 S2243 S2243

Russian Federation Natural Gas 0.0008 0.0009 0.0011

Source S2243 S2243 S2243

Russian Federation Electricity

Source

Singapore Natural Gas

Source

Singapore Electricity 0.0900

Source S2243

Slovakia Natural Gas 0.0096 0.0131 0.0141 0.0159

Source S2243 S2243 S2243 S2243

Slovakia Electricity 0.0499 0.0702 0.0895 0.0979

Source S2243 S2243 S2243 S2243

Slovenia Natural Gas

Source

Slovenia Electricity

Source

South Africa Natural Gas

Source

South Africa Electricity 0.0415 0.0401 0.0364 0.0319

Source S2243 S2243 S2243 S2243

Spain Natural Gas 0.0405 0.0419 0.0433 0.0443

Source S2243 S2243 S2243 S2243

Spain Electricity 0.1378 0.1161 0.1076 0.1181

Page 731: Economics of Photoelectricity - November 13 2012

Source S2243 S2243 S2243 S2243

Sweden Natural Gas

Source

Sweden Electricity

Source

Switzerland Natural Gas 0.0355 0.0354 0.0422 0.0427

Source S2243 S2243 S2243 S2243

Switzerland Electricity 0.1307 0.1114 0.1091 0.1178

Source S2243 S2243 S2243 S2243

Taiwan Natural Gas 354.0370 395.6436 370.7246 253.2243

Source S2243 S2243 S2243 S2243

Taiwan Electricity 0.0784 0.0807 0.0746 0.0709

Source S2243 S2243 S2243 S2243

Thailand Natural Gas

Source

Thailand Electricity 0.0579 0.0599 0.0595 0.0634

Source S2243 S2243 S2243 S2243

Trinidad and Tobago Natural Gas

Source

Trinidad and Tobago Electricity

Source

Turkey Natural Gas 0.5837 0.4939 0.5626 0.4158

Source S2243 S2243 S2243 S2243

Turkey Electricity 2.5113 1.8706 2.2552 1.8820

Source S2243 S2243 S2243 S2243

U.K. Natural Gas 0.0276 0.0252 0.0246 0.0273

Source S2243 S2243 S2243 S2243

U.K. Electricity 0.1164 0.1069 0.1007 0.1055

Source S2243 S2243 S2243 S2243

Uruguay Natural Gas

Source

Uruguay Electricity

Source

U.S. Natural Gas 0.0221 0.0276 0.0317 0.0261

Source S2243 S2243 S2243 S2243

U.S. Electricity 0.0816 0.0820 0.0850 0.0845

Source S2243 S2243 S2243 S2243

Page 732: Economics of Photoelectricity - November 13 2012

2003 2004 2005 2006 2007 2008 2009

0.0230

S2243

0.0827 0.0986

S2243 S2243

0.0450 0.0475 0.0505 0.0538 0.0588 0.0601 0.0635

S2243 S2243 S2243 S2243 S2243 S2247 S2247

0.1567 0.1780 0.1722 0.1768 0.2180 0.2565 0.2758

S2243 S2243 S2243 S2243 S2243 S2878 S2878

0.0657 0.0561

S2247 S2247

0.1663 0.1826 0.1793 0.1857 0.2208 0.2639 0.2590

S2629, N168 S2629, N168 S2629, N168 S2629, N168 S2629, N168 S2878 S2878

0.1450 0.1710

S2243 S2243

0.0373 0.0411

S2247 S2247

0.1108 0.1186

S2878 S2878

0.0293 0.0311 0.0370 0.0414 0.0421 0.0444

S2243 S2243 S2243 S2243 S2243 S2243

0.0614 0.0677 0.0757 0.0827 0.1034 0.1044 0.1082

S2243 S2243 S2243 S2243 N180, CND N180, CND N180, CND

0.1400 0.1950

S2243 S2243

0.0311 0.0377

S2243 S2243

0.1110 0.1350

S2243 S2243

0.0820 0.0970

S2243 S2243

0.0285 0.0275 0.0324

S2247 S2247 S2247

0.1333 0.1571 0.1672

S2248 S2878 S2878

Page 733: Economics of Photoelectricity - November 13 2012

0.2760 0.2312

S2878 S2878

0.0277 0.0304 0.0369 0.0467 0.0497 0.0484 0.0484

S2243 S2243 S2243 S2243 S2243 S2247 S2247

0.0845 0.0970 0.1056 0.1222 0.1461 0.1859 0.1963

S2243 S2243 S2243 S2243 S2243 S2878 S2878

0.0771 0.0906 0.1079 0.0942

S2243 S2243 S2243 S2247

0.2568 0.2833 0.2951 0.3223 0.3446 0.3916 0.3793

S2243 S2243 S2243 S2243 S2243 S2878 S2878

0.1490 0.1360

S2243 S2243

0.0960 0.0940

S2243 S2243

0.0960 0.0940

S2243 S2243

0.1420

S2243

0.0353 0.0379

S2247 S2247

0.1202 0.1331

S2878 S2878

0.0222 0.0234 0.0253 0.0307 0.0337 0.0442

S2243 S2243 S2243 S2243 S2243 S2243

0.1337 0.1549 0.1467 0.1651 0.2073 0.1803 0.1867

S2243 S2243 S2243 S2243 S2243 S2878 S2878

0.0462 0.0471 0.0502 0.0616 0.0689 0.0550 0.0567

S2243 S2243 S2243 S2243 S2243 S2247 S2247

0.1302 0.1426 0.1400 0.1458 0.1596 0.1745 0.1743

S2243 S2243 S2243 S2243 S2243 S2878 S2878

0.0702 0.0619

S2247 S2247

0.1807 0.1989 0.2100 0.2248 0.2685 0.3138 0.3306

S2243 S2243 S2243 S2243 S2243 S2878 S2878

0.0038 0.0038 0.0053 0.0080 0.0092

S2243 S2243 S2243 S2243 S2243

0.0987 0.1076 0.1109 0.0890 0.1020 0.1550 0.1579

S2243 S2243 S2243 S2629, N168 S2629, N168 S2878 S2878

1.1628 1.2510 1.2280 1.2721 1.3977 1.4449 1.4088

0.1350

S2243

0.0210 0.0193 0.0211 0.0256 0.0529 0.0435 0.0479

S2243 S2243 S2243 S2243 S2243 S2247 S2247

0.1020 0.1340 0.1460 0.1440 0.1881 0.2240 0.2272

S2243 S2243 S2243 S2243 S2243 S2878 S2878

0.0401 0.0466

S2243 S2243

0.0627 0.0614 0.0563 0.0628 0.0629 0.0588

Page 734: Economics of Photoelectricity - November 13 2012

S2243 S2243 S2243 S2243 S2243 S2243

0.0446 0.0494 0.0559 0.0800 0.0965 0.0597 0.0597

S2243 S2243 S2243 S2243 S2243 S2247 S2247

0.1504 0.1739 0.1965 0.2023 0.2485 0.2747 0.2807

S2243 S2243 S2243 S2243 S2243 S2878 S2878

0.0898 0.0940 0.1015 0.0985

S2243 S2243 S2243 S2243

0.0674 0.0700 0.0817 0.0636 0.0675 0.0646

S2243 S2243 S2243 S2247 S2247 S2247

0.1919 0.1927 0.1953 0.2290 0.2628 0.3076 0.2958

S2243 S2243 S2243 S2243 S2243 S2878 S2878

0.1028 0.1093 0.1071 0.1066 0.1064

S2243 S2243 S2243 S2243 S2243

0.1857 0.1962 0.1889 0.1783 0.1764 0.2060 71.2508

S2243 S2243 S2243 S2243 S2243 S2243 S2270

0.0044 0.0046 0.0050 0.0055 0.0062 0.0070

S2243 S2243 S2243 S2243 S2243 S2243

0.0260 0.0287 0.0311 0.0345 0.0423 0.0507

S2243 S2243 S2243 S2243 S2243 S2243

0.0400 0.0460 0.0562 0.0615 0.0513

S2243 S2243 S2243 S2243 S2243

0.0742 0.0813 0.0901 0.1003 0.1024 0.0835

S2243 S2243 S2243 S2243 S2243 S2243

0.0407 0.0451

S2247 S2247

0.1333 0.1521

S2878 S2878

0.0356 0.0416

S2247 S2247

0.1246 0.1356

S2878 S2878

0.0303 0.0318 0.0406 0.0487 0.0536 0.0477

S2243 S2243 S2243 S2243 S2247 S2247

0.1467 0.1477 0.1844 0.1859 0.2354 0.2351 0.2719

S2243 S2243 S2243 S2243 S2243 S2878 S2878

0.1827 0.2327

S2878 S2878

0.0468 0.0543 0.0535 0.0543 0.0639

S2243 S2243 S2243 S2243 S2243

0.0909 0.0899 0.0971 0.1007 0.0930 0.0969

S2243 S2243 S2243 S2243 S2243 S2243

0.0533 0.0591 0.0680 0.0784 0.0705 0.0727 0.0753

S2243 S2243 S2243 S2243 S2247 S2247 S2247

0.1993 0.2226 0.2333 0.2615 0.2907 0.2536 0.2703

S2243 S2243 S2243 S2243 S2243 S2878 S2878

0.0492 0.0065 0.0715 0.0670 0.1072

S2243 S2243 S2243 S2243 S2243

0.0951 0.1204 0.1361 0.1331 0.1617 0.1673

S2243 S2243 S2243 S2243 S2243 S2243

Page 735: Economics of Photoelectricity - November 13 2012

0.1720

S2243

0.1239 0.1170 0.1220 0.1560 0.1319 0.2412 0.2260

S2243 S2243 S2243 S2243 S2243 S2878 S2878

0.1650

S2243

0.0610 0.0720

S2243 S2243

0.1260 0.1340

S2243 S2243

0.0292 0.0319 0.0381 0.0477 0.0594 0.0465 0.0425

S2243 S2243 S2243 S2243 S2243 S2247 S2247

0.0946 0.1037 0.1209 0.1321 0.1513 0.1845 0.1750

S2243 S2243 S2243 S2243 S2243 S2878 S2878

0.0703 0.0787 0.0819 0.0888 0.0943 0.0627 0.0600

S2243 S2243 S2243 S2243 S2243 S2247 S2247

0.1607 0.1765 0.1774 0.1870 0.2180 0.2172 0.2241

S2243 S2243 S2243 S2243 S2243 S2878 S2878

0.2158

S1130

0.0241 0.0236 0.0334 0.0280

S2243 S2243 S2247 S2247

0.1600 0.1394 0.1135 0.1563 0.1412

S2243 S2243 S2243 S2878 S2878

0.0015 0.0019

S2243 S2243

0.0955 0.0994 0.1107 0.1388 0.1434 0.1905

S2243 S2243 S2243 S2243 S2243 S2243

0.0279 0.0405 0.0456 0.0596 0.0647 0.0446 0.0469

S2243 S2243 S2243 S2243 S2243 S2247 S2247

0.1474 0.1794 0.1782 0.1946 0.2150 0.2129 0.2240

S2243 S2243 S2243 S2243 S2243 S2878 S2878

0.0635 0.0599

S2247 S2247

0.1664 0.1941

S2878 S2878

0.0487 0.0601 0.0608 0.0594

S2243 S2243 S2243 S2243

0.0526 0.0557 0.0582 0.0660 0.0762 0.0614 0.0573

S2243 S2243 S2243 S2243 S2243 S2247 S2247

0.1413 0.1526 0.1518 0.1670 0.1908 0.2112 0.2356

Page 736: Economics of Photoelectricity - November 13 2012

S2243 S2243 S2243 S2243 S2243 S2878 S2878

0.0912 0.0973 0.0907

S2247 S2247 S2247

0.2488 0.2346

S2878 S2878

0.0484 0.0528 0.0578 0.0658 0.0746 0.0944

S2243 S2243 S2243 S2243 S2243 S2243

0.1334 0.1427 0.1391 0.1325 0.1364 0.1548

S2243 S2243 S2243 S2243 S2243 S2243

278.1100 310.0191 360.1861 385.5053 435.1063 538.7437 457.4707

S2243 S2243 S2243 S2243 S2243 S2243 S2243

0.0738 0.0757 0.0786 0.0787 0.0799 0.0857 0.0000

S2243 S2243 S2243 S2243 S2243 S2243 S2243

0.0642 0.0697 0.0723 0.0846 0.0967 0.0943

S2243 S2243 S2243 S2243 S2243 S2243

0.0270

S2243

0.2319 0.1231 0.1013 0.0822 0.0508 0.0396 0.0349

S2243 S2243 S2243 S2243 S2243 S2247 S2247

1.0730 0.6105 0.3841 0.2547 0.1383 0.1604 0.1678

S2243 S2243 S2243 S2243 S2243 S2878 S2878

0.0303 0.0364 0.0415 0.0554 0.0648 0.0437 0.0426

S2243 S2243 S2243 S2243 S2243 S2247 S2247

0.1159 0.1378 0.1493 0.1865 0.2187 0.2211 0.2076

S2243 S2243 S2243 S2243 S2243 S2878 S2878

0.1420 0.1740

S2243 S2243

0.0314 0.0355 0.0423 0.0454 0.0431 0.0452

S2243 S2243 S2243 S2243 S2243 S2243

0.0870 0.0897 0.0945 0.1040 0.1065 0.1136

S2243 S2243 S2243 S2243 S2243 S2243

Page 737: Economics of Photoelectricity - November 13 2012

2010 2011 2012

0.1668

S2878

0.0612 0.0708

S2247 S2247

0.2815 0.2854

S2878 S2878

0.0567 0.0683

S2247 S2247

0.2683 0.3191

S2878 S2878

0.0412 0.0494

S2247 S2247

0.0974 0.1105

S2248 S2878

.2454 - .2945

S2621

0.0400 0.0451

S2247 S2247

0.1187 0.1228

S2878 S2878

0.1076 0.1215

N180, CND N180, CND

0.2800

S2904, EUR

0.0382 0.0373

S2247 S2247

0.1664 0.1649

S2878 S2878

Page 738: Economics of Photoelectricity - November 13 2012

0.2802 0.3224

S2878 S2878

0.0493 0.0570

S2247 S2247

0.1977 0.2139

S2878 S2878

0.1077 0.1123

S2247 S2247

0.3885 0.4250

S2878 S2878

0.0382 0.0428

S2247 S2247

0.1426 0.1456

S2878 S2878

0.1947 0.2249

S2878 S2878

0.0548 0.0613

S2247 S2247

0.1902 0.2027

S2878 S2878

0.0568 0.0614

S2247 S2247

0.3477 0.3655

S2878 S2878

0.1728 0.1797

S2878 S2878

1.3193 1.3851

0.0545 0.0566

S2247 S2247

0.2366 0.2337

S2878 S2878

Page 739: Economics of Photoelectricity - November 13 2012

0.0512 0.0564

S2247 S2247

0.2658 0.2880

S2878 S2878

0.0702 0.0784

S2247 S2247

0.2807 0.2927

S2878 S2878

657.8782 0.2620 1084.0108

S2270 2271,S2275, N155 S2274

0.0360 0.0422

S2247 S2247

0.1515 0.1813

S2878 S2878

0.0414 0.0488

S2247 S2247

0.1714 0.1759

S2878 S2878

0.0454 0.0530

S2247 S2247

0.2509 0.2413

S2878 S2878

0.2456 0.2456

S2878 S2878

0.1243

S2878

0.0708 0.0800

S2247 S2247

0.2456 0.2587

S2878 S2878

Page 740: Economics of Photoelectricity - November 13 2012

0.2842 0.2892

S2878 S2878

0.0465 0.0482

S2247 S2247

0.1967 0.2039

S2878 S2878

0.0612 0.0674

S2247 S2247

0.2348 0.2554

S2878 S2878

0.0277 0.0280

S2247 S2247

0.1505 0.1566

S2878 S2878

0.0441 0.0489

S2247 S2247

0.2281 0.2450

S2878 S2878

0.0628 0.0730

S2247 S2247

0.2042 0.2119

S2878 S2878

0.0537 0.0538

S2247 S2247

0.2586 0.2940

Page 741: Economics of Photoelectricity - November 13 2012

S2878 S2878

0.1033 0.1176

S2247 S2247

0.2743 0.2988

S2878 S2878

0.2864

S2248

0.0329 0.0291

S2247 S2247

0.1962 0.1707

S2878 S2878

0.0414 0.0474

S2247 S2247

0.2048 0.2180

S2878 S2878

Page 742: Economics of Photoelectricity - November 13 2012

Umsatzsteuer Value Added Tax (VAT)

Stromsteuer Current Tax

Konzessionsabgabe Concession Fee (AKA: Franchise Fee)

EEG Feed in Tariff

KWK-G

Erzeugung, Transport, Vertrieb Generation, Transmission, Distribution

Total

Source

Modernisation and Extension of CHP Generation Surcharge

Page 743: Economics of Photoelectricity - November 13 2012

1991 1992 1993 1994 1995 1996 1997 1998 1999 2000

0.0233 0.0228 0.0192

0 0.0077 0.0128

0.0179 0.0179 0.0179

0.0008 0.0009 0.002

0 0 0.0013

0.1291 0.116 0.0862

0.1711 0.1653 0.1394

S1920 S1920 S1920

Page 744: Economics of Photoelectricity - November 13 2012

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

0.0197 0.022 0.0237 0.0248 0.0257 0.0268 0.033 0.0346 0.0371 0.0378

0.0153 0.0179 0.0205 0.0205 0.0205 0.0205 0.0205 0.0205 0.0205 0.0205

0.0179 0.0179 0.0179 0.0179 0.0179 0.0179 0.0179 0.0179 0.0179 0.0179

0.0025 0.0035 0.0042 0.0051 0.0069 0.0088 0.0102 0.0116 0.0131 0.0205

0.002 0.0025 0.0033 0.0031 0.0034 0.0031 0.0029 0.0019 0.0024 0.0013

0.0858 0.0971 0.1023 0.1082 0.1122 0.1175 0.1219 0.13 0.1411 0.1389

0.1432 0.1609 0.1719 0.1796 0.1866 0.1946 0.2064 0.2165 0.2321 0.2369

S1920 S1920 S1920 S1920 S1920 S1920 S1920 S1920 S1920 S1920

7.5

8

0.00789333

Page 745: Economics of Photoelectricity - November 13 2012

2011 2012 2013E

0.0398 0.0407

0.0205 0.0205

0.0179 0.0179

0.0353 0.03592 0.05277

0.0003 0.00002

0.1357 0.14

0.2495 0.2551

S1920

7.5 7 7

12 15 20

0.02368 0.02142857 0.04814286

0.10114476

S1917, SWAG

Page 746: Economics of Photoelectricity - November 13 2012

Australia (TWh) Hydropower Wind Biomass

TWh/year Source TWh/year Source TWh/year Source

1990 14.8

1991 15.7

1992 15.9

1993 16.4

1994 16.2

1995 15.8

1996 16.3

1997 16.3

1998 15.8

1999 15.8

2000 15.8

2001 15.8

2002 15.9

2003 16.2

2004 15.8

2005 15.5 S2509 1.3 S2509 1.1 S2509

2006 15.0 S2509 2.2 S2509 1.1 S2509

2007 13.1 S2509 2.9 S2509 1.2 S2509

2008 12.1 S2509 3.5 S2509 1.4 S2509

2009 12.3 S2509, S2510 3.8 S2509, S2510 1.5 S2509

2009/2010 12.5 S2510 4.8 S2510

2010

2011

These values were derived by averaging. For example, I took the 2004-2005 value and averaged it with the 2005-2006 value to give a 2005 value. Note the 2009/2010 value has yet to be averaged.

S2509 has GW installed stats

Page 747: Economics of Photoelectricity - November 13 2012

Biogas Bioenergy Photel Photel

TWh/year Source TWh/year Source TWh/year Source GW Source

0.9 S2509 2.0 0.1 S2509

0.9 S2509 2.0 0.1 S2509

1.0 S2509 2.1 0.2 S2509

1.2 S2509 2.5 0.3 S2509

1.3 S2509 2.5 S2509, S2510 0.3 S2509, S2510

2.1 S2510 0.3 S2510

These values were derived by averaging. For example, I took the 2004-2005 value and averaged it with the 2005-2006 value to give a 2005 value. Note the 2009/2010 value has yet to be averaged.

Page 748: Economics of Photoelectricity - November 13 2012

Coal Coal Oil Gas

GW Source TWh/year Source TWh/year Source TWh/year Source

186.9 S2509 2.2 S2509 31.6 S2509

194.3 S2509 2.3 S2509 31.4 S2509

196.7 S2509 2.4 S2509 34.9 S2509

198.8 S2509 2.7 S2509 38.4 S2509

190.3 S2509, S2510 2.6 S2509, S2510 37.7 S2509, S2510

180.4 S2510 2.7 S2510 36.2 S2510

30.0 S2744

Page 749: Economics of Photoelectricity - November 13 2012

Fossil Total Total

TWh/year Source TWh/year Source TWh/year Source TWh/year Source

156.0 S2536

158.3 S2536

161.7 S2536

165.6 S2536

170.4 S2536

175.5 S2536

180.4 S2536

189.6 S2536

199.7 S2536

205.6 S2536

212.3 S2536

221.6 S2536

227.2 S2536

228.3 S2536

237.4 S2536

18.8 S2509 225.6 S2509 244.4 S2509 249.0 S2536

19.3 S2509 228.0 S2509 247.2 S2509 249.1 S2536

18.2 S2509 234.0 S2509 252.2 S2509 250.9 S2536

18.3 S2509 239.8 S2509 258.1 S2509 257.7 S2536

19.2 S2509 241.8 S2509 261.0 S2509 259.5 S2536

19.7 S2510 219.4 S2510 239.1 S2510 255.9 S2536

264.1 S2536

Renewable Total

Total (Cross-Check)

Page 750: Economics of Photoelectricity - November 13 2012

kWh/year Source

7767 S2617

8000 S2616

7800 S2604

Average Household

QLD

Page 751: Economics of Photoelectricity - November 13 2012

TWh/Year Hydropower Source Wind Source Biomass

1990 51.4 S1977 2.4 S1978 6.6

1991 46.3 S1977 2.8 S1978 7.3

1992 38.1 S1977 2.7 S1978 7.4

1993 54.0 S1977 2.8 S1978 5.8

1994 37.9 S1977 3.2 S1978 7.2

1995 67.6 S1977 2.9 S1978 6.0

1996 71.5 S1977 5.6

1997 61.6 S1977 5.7

1998 64.3 S1977 2.4 S1979 5.3

1999 62.5 S1977 2.8 S1979 5.7

2000 57.1 S1977 3.2 S1979 6.1

2001 30.5 S1977 3.2 S1979 6.2

2002 53.0 S1977 3.5 S1992 6.3

2003 54.0 S1977 3.5 S1991 5.9

2004 51.0 S1977 4.3 S1990 5.9

2005 56.1 S1977 4.4 S1989 6.0

2006 62.3 S1988 5.4 S1988 5.7

2007 43.6 S1987 6.8 S1987 6.2

2008 38.1 S1986 7.3 S1986 6.4

2009 32.3 S1985 9.4 S1985 6.8

2010 36.2 S1984 13.5 S1984 6.9

2011

Page 752: Economics of Photoelectricity - November 13 2012

Source Solar Thermal Source Photel Source Geothermal

S1981 0.7 S1982 0.003 Estimate 16.0

S1981 0.719 S1982 0.003 Estimate 15.6

S1981 0.700 S1982 0.004 Estimate 16.5

S1981 0.857 S1982 0.005 Estimate 15.8

S1981 0.798 S1982 0.005 Estimate 15.6

S1981 0.793 S1982 0.005 Estimate 14.3

S1981 0.832 S1982 0.007 Estimate 13.5

S1981 0.810 S1982 0.007 Estimate 12.0

S1981 0.839 S1982 0.008 Estimate 12.6

S1981 0.838 S1982 0.009 Estimate 13.3

S1981 0.860 S1982 0.012 Estimate 13.5

S1981 0.837 S1982 0.022 Estimate 13.6

S1981 0.851 S1982 0.045 Estimate 13.9

S1981 0.759 S1982 0.088 Estimate 13.8

S1981 0.741 S1982 0.139 Estimate 14.0

S1981 0.660 S1982 0.196 Estimate 14.4

S1981 0.616 S1988, S1982 0.275 Estimate 13.2

S1981 0.675 S1987, S1982 0.386 Estimate 13.4

S1986 0.746 S1986 0.625 Estimate 13.7

S1985 0.850 S1985 0.914 Estimate 13.6

S1984 0.959 S1984 1.378 Estimate 13.4

Page 753: Economics of Photoelectricity - November 13 2012

Source Coal Source Oil Source Gas

S1980 50.2 S1977 4.4 S1977 84.0

S1980 49.2 S1977 0.5 S1977 82.9

S1980 49.8 S1977 0.1 S1977 91.7

S1980 46.3 S1977 2.1 S1977 77.8

S1980 48.9 S1977 2.0 S1977 102.3

S1980 42.3 S1977 0.5 S1977 85.6

S1980 46.3 S1977 0.7 S1977 72.0

S1980 52.5 S1977 0.1 S1977 81.5

S1980 59.2 S1977 0.1 S1977 89.4

S1980 58.9 S1977 0.1 S1977 90.8

S1980 46.5 S1977 0.4 S1977 109.0

S1980 54.1 S1977 1.3 S1977 122.0

S1980 59.7 S1977 0.5 S1977 100.3

S1980 61.0 S1977 0.1 S1977 102.3

S1980 66.4 S1977 0.1 S1977 116.4

S1980 63.4 S1977 0.1 S1977 107.0

S1980 46.2 S1988 122.2

S1980 50.0 S1987 136.4

S1986 55.8 S1986 140.2

S1985 24.0 S1985 0.1 S1985 125.4

S1984 22.4 S1984 0.1 S1984 121.4

Page 754: Economics of Photoelectricity - November 13 2012

Source Nuclear Source Other Source Fossil Total

S1977 36.6 S1977 138.6

S1977 37.2 S1977 132.6

S1977 38.6 S1977 141.6

S1977 36.6 S1977 126.2

S1977 38.8 S1977 153.2

S1977 36.2 S1977 128.4

S1977 39.8 S1977 118.9

S1977 37.3 S1977 134.2

S1977 41.7 S1977 148.7

S1977 40.4 S1977 149.7

S1977 43.5 S1977 155.9

S1977 33.3 S1977 177.4

S1977 34.4 S1977 160.4

S1977 35.6 S1977 163.4

S1977 30.2 S1977 182.9

S1977 36.2 S1977 170.6

S1988 38.2 S1988 168.5

S1987 44.9 S1987 186.4

S1986 44.3 S1986 196.0

S1985 39.1 S1985 46.7 S1985 149.5

S1984 40.4 S1984 34.9 S1984 143.9

Page 755: Economics of Photoelectricity - November 13 2012

Source Renewable Total Source Total Source

Formula 77.2 Formula 227.6 S1993

Formula 72.7 Formula 221.2 S1993

Formula 65.4 Formula 225.8 S1993

Formula 79.2 Formula 225.2 S1993

Formula 64.6 Formula 226.8 S1993

Formula 91.5 Formula 227.7 S1993

Formula 91.4 Formula 235.6 S1993

Formula 80.0 Formula 243.6 S1993

Formula 85.3 Formula 241.0 S1993

Formula 85.1 Formula 250.1 S1993

Formula 80.7 Formula 260.4 S1993

Formula 54.4 Formula 250.8 S1993

Formula 77.5 Formula 256.5 S1993

Formula 78.0 Formula 262.3 S1993

Formula 76.1 Formula 270.2 S1993

Formula 81.8 Formula 271.1 S1993

Formula 87.4 Formula 294.9 S1988

Formula 71.2 Formula 302.1 S1987

Formula 66.9 Formula 306.6 S1986

Formula 64.0 Formula 298.3 S1985

Formula 72.4 Formula 290.2 S1984

Page 756: Economics of Photoelectricity - November 13 2012

BC AB SK MB ON QC NB NS

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011 66.4 66 23.1 34.8 140.4 196.7 11.2 11.20

2012

Page 757: Economics of Photoelectricity - November 13 2012

PEI NFLD Total Source

651 S1577

0.5 40.7 591 ???

Page 758: Economics of Photoelectricity - November 13 2012

Hydro Hydro Hydro Wind

TWh/Year Source GW Source CF TWh/Year

1990 125.7 S2742 36.1 S2742

1991 125.09 S818 37.88 S818

1992 132.47 S818 40.68 S818

1993 151.82 S818 44.59 S818

1994 167.40 S818 49.06 S818

1995 186.8 S2742 52.2 S2742

1996 187.97 S818 55.58 S818

1997 195.98 S818 59.73 S818

1998 208.00 S818 65.06 S818

1999 196.58 S818 72.97 S818

2000 243.1 S2742 79.4 S2742

2001 753.6 S2537, N173 82.70 S818

2002 782.4 S2537, N173 84.6 S2742

2003 770.4 S2537, N173 94.9 S2742

2004 960.0 S2537, N173 108.3 S2742

2005 1077.6 S2537, N173 116.5 S2742

2006 1183.2 S2537, N173 138.6 S2742

2007 1317.6 S2537, N173 145.3 S2742

2008 1588.8 S2537, N173

2009 1671.6 S2537, N173 196.0 S2676

2010 1960.8 S2537, N173 210.0 S2741

2011

2012

2013

2014

2015 342.0 E2820

Page 759: Economics of Photoelectricity - November 13 2012

Wind Wind Biomass Biomass

Source GW Source CF TWh/Year Source GW

0.0 S818

0.0 S818

0.0 S818

0.1 S818

0.1 S818

0.2 S818

0.3 S818

0.3 S718

0.4 S718

0.5 S718

0.6 S718

0.8 S718

1.3 S673

2.6 S673 2.15.9 S715

12.2 S715

25.1 S946 1.1

44.7 S2590*, S2591

62.4 S2591

100.0 E2820

Page 760: Economics of Photoelectricity - November 13 2012

Biomass Photel Photel Photel

Source Capacity Factor TWh/year Source GW Source CF

0.0 S228, S538

0.0 S538

0.0 S538

0.0 S538

0.0 S538

0.0 S228, S538

0.0 S538

0.0 S538

0.0 S538

0.0 Guess

0.0 S228

0.0 S228

0.0 S228

0.1 S228

0.1 S228

0.1 S228

S818 0.1 S227

0.1 S228

0.1 S1023

S2676 0.3 S1023

0.9 S1278

3.8 ???

5.0 E2820

Page 761: Economics of Photoelectricity - November 13 2012

Geothermal Geothermal Geothermal Coal

TWh/year Source GW Source CF TWh/year Source

0 S818

1414 S2814

0 S818 0 S818

3825.3 S2820

Page 762: Economics of Photoelectricity - November 13 2012

Coal Coal Coal Coal

GW Source Source Mtce Source Quads

669.3 S2744

928.0 E2820

Million Short Tons

Page 763: Economics of Photoelectricity - November 13 2012

Coal Oil/Diesel Oil/Diesel

Source Mtoe Source TWh/year Source GW Source

0.53 S818

0.91 S818

1.37 S818

2.18 S818

Page 764: Economics of Photoelectricity - November 13 2012

Gas Gas Gas

CF TWh/year Source GW Source CF million m3

40.0 E2820

Page 765: Economics of Photoelectricity - November 13 2012

Gas Gas Gas

Source million m3 Source Mtce Source BCF Source

Page 766: Economics of Photoelectricity - November 13 2012

Other Fossil Nuclear Nuclear

GW Source TWh/year Source GW Source

1.60 S818 1.20 S818

14.76 S818 2.10 S818

12.83 S818 2.10 S818

14.34 S818 2.10 S818

14.42 S818 2.10 S818

14.10 S818 2.10 S818

14.95 S818 2.10 S818

16.74 S818 2.10 S818

17.47 S818 2.10 S818

25.13 S818 4.47 S818

43.34 S818 6.19 S818

50.47 S818 6.84 S818

53.09 S818 6.85 S818

54.84 S818 6.85 S818

62.0 S2738

68.0 S2738

70.0 S2738

43.0 E2820

Page 767: Economics of Photoelectricity - November 13 2012

Nuclear Pumped Hydro Pumped Hydro Pumped Hydro

CF TWh/year Source GW Source CF TWh/year

N/A S2676

Renewable Total

Page 768: Economics of Photoelectricity - November 13 2012

Fossil Total Fossil

Source TWh/year Source TWh/year Source GW Source

494.48 S818 101.84 S818

552.46 S818 113.59 S818

621.47 S818 125.85 S818

683.88 S818 137.12 S818

745.93 S818 148.74 S818

804.32 S818 162.94 S818

877.71 S818 178.86 S818

924.07 S818 192.29 S818

944.10 S818 209.88 S818

1,025.70 S818 223.43 S818

1,114.19 S818 237.54 S818

1,183.43 S818 252.80 S818

1,338.14 S818 265.55 S818

1,580.36 S818 289.77 S818

1,795.59 S818 329.48 S818

2,047.34 S818 391.38 S818

2,369.60 S818 483.82 S818

706.6 S2793

Renewable Total*

Page 769: Economics of Photoelectricity - November 13 2012

Fossil Total Source Total* Source Total Source

CF GW GW TWh/year

1081 S909

2358 S909

967.0 S2820 962.2 S2793 4199 S2820

1056.0 S2820 1050.0 S2793 4690 S2820

6020 to 6610 E2820

Page 770: Economics of Photoelectricity - November 13 2012

Imports Exports Industry Transport

TWh/year Source TWh/year Source TWh/year Source TWh/year

Page 771: Economics of Photoelectricity - November 13 2012

Residential Commercial Agriculture

Source TWh/year Source TWh/year Source TWh/year Source

Page 772: Economics of Photoelectricity - November 13 2012

Losses

TWh/year Source kWh/year Source

Average Household

Page 773: Economics of Photoelectricity - November 13 2012

Wind Source Photel Source Geothermal Hydro Thermal Imports

Jan-08

Feb-08

Mar-08

Apr-08

May-08

Jun-08

Jul-08

Aug-08

Sep-08

Oct-08

Nov-08

Dec-08

Jan-09

Feb-09

Mar-09

Apr-09

May-09

Jun-09

Jul-09

Aug-09

Sep-09

Oct-09

Nov-09

Dec-09

Jan-10

Feb-10

Mar-10

Apr-10

May-10

Jun-10

Jul-10

Aug-10

Sep-10

Oct-10

Nov-10

Dec-10

Jan-11

Feb-11

Mar-11

Apr-11

May-11 2.6

Jun-11

Jul-11

Aug-11

Sep-11

Oct-11

Nov-11

Dec-11 0.3

Jan-12 7.0 S2835 0.5 S2835

Feb-12 4.6 S2835 1.0 S2835

Mar-12 4.0 S2835 2.3 S2835

Apr-12 3.4 S2835 2.6 S2835

May-12 2.9 S2835 4.1 S2835

Jun-12 2.9 S2835 3.7 S2835

Jul-12 2.6 S2835 3.7 S2835

Aug-12 2.2 S2835 3.9 S2835

Sep-12

Oct-12

Nov-12

Dec-12

Jan-13

Feb-13

Mar-13

Page 774: Economics of Photoelectricity - November 13 2012

Exports Source Total Source Total* SourceThermal 12 Month Trailing Average

Imports 12 Month Trailing Average

Page 775: Economics of Photoelectricity - November 13 2012

Exports 12 Month Trailing Average

Page 776: Economics of Photoelectricity - November 13 2012

Hydro Hydro Hydro Wind

TWh/Year Source GW Source CF TWh/Year

1990 15.6 S1918 3.4 S2639 51.9% 0.1

1991 15.4 S1918 3.4 S2639 51.8% 0.1

1992 18.1 S1918 3.6 S2639 58.2% 0.3

1993 18.5 S1918 3.5 S2639 60.3% 0.6

1994 19.5 S1918 3.6 S2639 62.5% 0.9

1995 20.7 S1918 3.6 S2639 65.9% 1.5

1996 18.3 S1918 3.5 S2639 59.6% 2.0

1997 18.5 S1918 3.5 S2639 59.8% 3.0

1998 18.5 S1918 3.6 S2639 58.5% 4.5

1999 20.7 S1918 3.5 S2639 67.0% 5.5

2000 24.9 S1918 3.5 S2639 80.2% 7.6

2001 23.2 S1918 3.5 S2639 75.0% 10.5

2002 23.7 S1918 3.8 S2639 71.4% 15.8

2003 17.7 S1918 3.9 S2639 51.4% 18.7

2004 19.9 S1918 3.8 S2639 59.5% 25.5

2005 19.6 S1918 4.1 S2639 54.3% 27.2

2006 20.0 S1918 4.1 S2639 56.0% 30.7

2007 21.2 S1918 4.2 S2639 58.0% 39.7

2008 20.4 S1918 4.1 S2639 56.4% 40.6

2009 19.1 S1918 4.2 S2639 52.4% 38.6

2010 20.6 S1918 4.4 S2639 53.6% 37.8

2011 19.5 S2613 4.4 S2639 50.6% 48.0

Page 777: Economics of Photoelectricity - November 13 2012

Wind Wind Biomass Biomass

Source GW Source CF TWh/Year Source GW

S1918 0.1 S2639 15% 0.2 S1918 0.1

S1918 0.1 S2639 11% 0.3 S1918 0.1

S1918 0.2 S2639 18% 0.3 S1918 0.1

S1918 0.3 S2639 21% 0.4 S1918 0.1

S1918 0.6 S2639 17% 0.6 S1918 0.2

S1918 1.1 S2639 15% 0.7 S1918 0.2

S1918 1.5 S2639 15% 0.8 S1918 0.3

S1918 2.1 S2639 16% 0.9 S1918 0.3

S1918 2.9 S2639 18% 1.6 S1918 0.4

S1918 4.4 S2639 14% 1.8 S1918 0.5

S1918 6.1 S2639 14% 2.9 S1918 0.6

S1918 8.8 S2639 14% 3.3 S1918 0.7

S1918 12.0 S2639 15% 4.1 S1918 0.8

S1918 14.6 S2639 15% 6.1 S1918 1.1

S1918 16.6 S2639 18% 8.0 S1918 1.4

S1918 18.4 GWEC? 17% 11.0 S1918 2.0

S1918 20.6 GWEC? 17% 14.8 S1918 2.6

S1918 22.2 GWEC? 20% 19.8 S1918 3.4

S1918 23.9 GWEC? 19% 22.9 S1918 4.0

S1918 25.8 GWEC? 17% 26.0 S1918 4.5

S1918 27.2 GWEC? 16% 28.7 S1918 5.0

S2591 29.1 GWEC? 19% 36.9 S2613 5.5

Page 778: Economics of Photoelectricity - November 13 2012

Biomass Photel

Source Capacity Factor TWh/Year Source GW Source CF TWh/year

S2639 30% 1.2 S1918 0.499 S2639 28% 0.0010

S2639 31% 1.2 S1918 0.499 S2639 28% 0.0020

S2639 32% 1.3 S1918 0.499 S2639 29% 0.0030

S2639 34% 1.2 S1918 0.499 S2639 28% 0.0060

S2639 36% 1.3 S1918 0.499 S2639 30% 0.0080

S2639 35% 1.3 S1918 0.525 S2639 29% 0.0110

S2639 34% 1.3 S1918 0.551 S2639 28% 0.0160

S2639 32% 1.4 S1918 0.527 S2639 30% 0.0260

S2639 43% 1.6 S1918 0.54 S2639 34% 0.0320

S2639 45% 1.7 S1918 0.555 S2639 36% 0.0420

S2639 57% 1.8 S1918 0.585 S2639 36% 0.1

S2639 55% 1.9 S1918 0.585 S2639 36% 0.1

S2639 55% 1.9 S1918 0.585 S2639 38% 0.2

S2639 64% 2.2 S1918 0.847 S2639 29% 0.3

S2639 63% 2.1 S1918 1.016 S2639 24% 0.6

S2639 64% 3.0 S1918 1.21 S2639 29% 1.3

S2639 65% 3.8 S1918 1.25 S2639 35% 2.2

S2639 66% 4.5 S1918 1.33 S2639 39% 3.1

S2639 66% 4.7 S1918 1.44 S2639 37% 4.4

S2639 66% 4.4 S1918 1.55 S2639 32% 6.6

S2639 65% 4.7 S1918 1.65 S2639 32% 11.7

S2639 77% 5.0 S2613 1.7 S2639 34% 19.0

Biogenic Share of Waste

Biogenic Share of Waste

Biogenic Share of Waste

Page 779: Economics of Photoelectricity - November 13 2012

Photel Photel Geothermal Geothermal

Source GW Source CF TWh/year Source GW

S1918 0.002 S228, S2 5.7% 0.0 S1918 0.0

S1918 0.003 S228, S2 7.6% 0.0 S1918 0.0

S1918 0.006 S228, S2 5.7% 0.0 S1918 0.0

S1918 0.009 S228, S2 7.6% 0.0 S1918 0.0

S1918 0.012 S228, S2 7.6% 0.0 S1918 0.0

S1918 0.016 S228, S2 7.8% 0.0 S1918 0.0

S1918 0.024 S228, S2 7.6% 0.0 S1918 0.0

S1918 0.036 S228, S2 8.2% 0.0 S1918 0.0

S1918 0.045 S228, S2 8.1% 0.0 S1918 0.0

S1918 0.028 S228, S2 17.1% 0.0 S1918 0.0

S1918 0.1 S228, S2 7.3% 0.0 S1918 0.0

S1918 0.178 S228, S2 4.9% 0.0 S1918 0.0

S1918 0.258 S228, S2 7.2% 0.0 S1918 0.0

S1918 0.408 S228, S2 8.8% 0.0 S1918 0.0

S1918 1.018 S228, S2 6.2% 0.0002 S1918 0.0

S1918 1.881 S2, S223® 7.8% 0.0002 S1918 0.0

S1918 2.831 S2, S223® 9.0% 0.0004 S1918 0.0

S1918 4.17 S2639 8.4% 0.0004 S1918 0.0032

S1918 5.337 S771, S798 9.5% 0.0176 S1918 0.0032

S1918 9.137 S1031 8.2% 0.0277 S2603 0.008

S1918 16.537 S1528 8.1% 0.0190 S2603 0.008

S2057 24.678 S2283 8.8% 0.0190 S2613 0.008

Page 780: Economics of Photoelectricity - November 13 2012

Geothermal Coal Coal Coal

Source CF TWh/year Source GW Source CF

S2639 220.5 S1921

S2639 308.2 S1921

S2639 296.4 S1921

S2639 293.7 S1921

S2639 290.7 S1921

S2639 289.7 S1921

S2639 297.0 S1921

S2639 284.8 S1921

S2639 292.8 S1921

S2639 279.1 S1921

S2639 291.5 S1921

S2639 293.7 S1921

S2639 284.5 S1921

S2639 306.6 S1921

S2639 11.4% 299.5 S1921 52.6 EuraCoal 65.0%

S2639 11.4% 297.5 S1921

S2639 22.8% 293.6 S1921

S2639 1.4% 299.8 S1921

S2639 62.8% 275.2 S1922

S2639 42.2% 253.5 S1922

S2639 28.9% 263.3 S1922, S2588 51.1 S2744 58.9%

S2639 28.9% 267.5 S2615 38.0 80.4%

Page 781: Economics of Photoelectricity - November 13 2012

Coal Coal Coal

Source Source Mtce Source Quads Source

187.9 5.1 S2590

407.9 S2587 4.5 S2590

362.2 S2587 4.1 S2590

335.0 S2587 3.9 S2590

314.3 S2587 3.8 S2590

300.7 S2587 3.6 S2590

295.8 S2587 3.6 S2590

281.0 S2587 3.4 S2590

268.8 S2587 3.4 S2590

257.6 S2587 3.2 S2590

269.8 S2587 121.3 S2593 3.4 S2590

278.2 S2587 121.4 S2593 3.4 S2590

278.4 S2587 120.9 S2593 3.4 S2590

277.3 S2587 122.9 S2593 3.5 S2590

280.4 S2587 122.4 S2596 3.4 S2590

270.8 S2587 3.3 S2590

270.5 S2587 3.3 S2590

281.4 S2587 3.4 S2590

267.9 S2587 3.2 S2590

247.9 S2587 101.6 S2597

255.7 S2587 109.3 S2588, S2594

Million Short Tons

Page 782: Economics of Photoelectricity - November 13 2012

Coal Oil Oil

Mtoe Source TWh/year Source GW Source CF

10.9 S1921

14.8 S1921

13.2 S1921

10.1 S1921

8.8 S1921

9.0 S1921

8.0 S1921

6.9 S1921

6.4 S1921

5.8 S1921

4.8 S1921

85.0 S2537 4.8 S1921

84.6 S2537 4.3 S1921

87.2 S2537 4.7 S1921

85.4 S2537 10.1 S1921

82.1 S2537 10.6 S1921

83.5 S2537 9.5 S1921

85.7 S2537 11.3 S1921

80.1 S2537 9.2 S1922

71.7 S2537 9.6 S1922

76.6 S2537 8.4 S2615 4.0 Bunde 24%

77.6 S2537 7.0 S2615

Page 783: Economics of Photoelectricity - November 13 2012

Gas Gas Gas

TWh/year Source GW Source CF million m3 Source

45.4 S1921

45.5 S1921

42.1 S1921

41.1 S1921

46.7 S1921

50.4 S1921

54.6 S1921

58.2 S1921 100209 S2582

61.0 S1921 92388 S2581

62.0 S1921 96069 S2581

60.0 S1921 91388 S2579

66.3 S1921 96396 S2579

61.1 S1921 94372 S2578

66.1 S1921 99856 S2578

70.1 S1921 100179 S2577

76.6 S1921 102654 S2577

82.8 S1921 99848 S2576

84.1 S1921 96167 S2576

86.7 S1922 95752 S2575

78.8 S1922 96266 S2575

83.7 S1922 20.6 Bunde 46% 99507 S2574

84.0 S2615 83200 S2574

Page 784: Economics of Photoelectricity - November 13 2012

Gas Gas Gas Other Fossil

million m3 Source Mtce Source BCF Source GW

78.2

2776 P654

2739 P654

2830 P654

2965 P654

3172 P654

3163 P654

3012 P654

100524 S2582 3130 P654

91309 S2583 3151 P654

92048 S2583 102.2 S2593 3098 P654

106.6 S2593 3239 P654

106.2 S2593 3204 P654

110.0 S2593 3566 P654

3533 P654

3464 P654

3524 P654

3414 P654

3461 P654

100.3 S2597 3272 P654

88863 S2584 104.5 S2597 3514 P654

78992 S2584 2790 S2591

Page 785: Economics of Photoelectricity - November 13 2012

Nuclear Nuclear Nuclear

Source TWh/year Source GW Source CF

152.5 S1921

147.4 S1921

158.8 S1921

153.5 S1921

151.2 S1921

154.1 S1921

161.6 S1921

170.3 S1921

161.6 S1921

170.0 S1921

169.6 S1921

171.3 S1921

164.8 S1921

165.1 S1921

167.1 S1921

163.1 S1921 20.4 91%

167.3 S1921 20.2 94%

140.5 S1921 20.2 79%

148.8 S1922 20.5 83%

134.9 S1922 20.5 75%

140.6 S1922 20.8 Bund 77%

102.2 S2586 12.0 97%

Page 786: Economics of Photoelectricity - November 13 2012

Pumped Hydro Pumped Hydro Pumped Hydro

TWh/year Source GW Source CF TWh/year Source

100.1 S1921 16.0 Formula

5.5 S1921 15.9 Formula

5.9 S1921 18.8 Formula

6.5 S1921 19.7 Formula

7.3 S1921 21.2 Formula

7.8 S1921 23.1 Formula

7.7 S1921 21.4 Formula

7.5 S1921 22.6 Formula

7.9 S1921 25.0 Formula

8.2 S1921 28.6 Formula

6.9 S1921 36.0 Formula

11.7 S1921 37.9 Formula

10.0 S1921 44.5 Formula

8.4 S1921 43.9 Formula

11.4 S1921 55.4 Formula

7.9 S1921 4.2 21% 61.0 Formula

9.2 S1921 4.9 22% 70.4 Formula

7.6 S1921 6.6 13% 87.2 Formula

7.5 Guess 6.5 13% 92.3 Formula

7.5 Guess 6.7 13% 94.8 Formula

7.5 Guess 8.0 Bund 11% 103.8 Formula

121.9 S2613

Renewable Total

Page 787: Economics of Photoelectricity - November 13 2012

Fossil Total Fossil

TWh/year Source GW Source TWh/year Source GW

17.1 S2639 4.1 Formula 276.7 Formula

17.0 S2639 4.1 Formula 368.4 Formula

19.9 S2639 4.3 Formula 351.7 Formula

20.8 S2639 4.5 Formula 344.9 Formula

22.3 S2639 4.9 Formula 346.2 Formula

24.3 S2639 5.5 Formula 349.1 Formula

22.5 S2639 5.9 Formula 359.5 Formula

23.7 S2639 6.5 Formula 349.9 Formula

26.2 S2639 7.5 Formula 360.2 Formula

29.8 S2639 9.0 Formula 346.9 Formula

37.2 S2639 10.9 Formula 356.3 Formula

39.0 S2639 13.7 Formula 364.8 Formula

45.6 S2639 17.5 Formula 349.9 Formula

45.0 S2639 20.9 Formula 377.4 Formula

56.1 S2639 23.9 Formula 379.7 Formula

62.1 S2639 27.6 Formula 384.7 Formula 72.9

71.7 S2639 31.4 Formula 386.0 Formula 74.8

88.2 S2639 35.4 Formula 395.2 Formula 72.9

93.0 S2639 38.8 Formula 371.1 Formula 74.5

94.6 S2639 45.1 Formula 341.9 Formula 74.1

104.3 S2639 54.8 Formula 355.4 Formula 75.7

121.9 S2639 65.3 Formula 385.3 S2586

Renewable Total*

Renewable Total

Page 788: Economics of Photoelectricity - November 13 2012

Fossil Total Source Total* Source Imports

Source CF TWh/year

545.3 Formula 31.9

537.2 Formula 30.4

535.2 Formula 28.4

524.6 Formula 33.6

525.9 Formula 35.9

534.1 Formula 39.7

550.3 Formula 37.4

550.4 Formula 38.0

554.8 Formula 38.3

553.6 Formula 40.6

568.7 Formula 45.1

585.7 Formula 43.5

569.3 Formula 46.2

594.8 Formula 45.8

613.5 Formula 610.0 S1100 44.2

??? 60% 616.7 Formula 53.4

??? 59% 632.9 Formula 46.1

??? 62% 630.5 Formula 44.3

??? 57% 619.7 Formula 631.0 S1577 40.2

??? 53% 579.1 Formula 40.6

Formula 607.3 Formula 42.2

612.0 S1949 51.0

Page 789: Economics of Photoelectricity - November 13 2012

Exports Industry Transport

Source TWh/year Source TWh/year Source TWh/year Source

S2615 31.1 S2615 207.8 S2635

S2615 31.0 S2615

S2615 33.7 S2615

S2615 32.8 S2615

S2615 33.6 S2615

S2615 34.9 S2615

S2615 42.7 S2615

S2615 40.4 S2615

S2615 38.9 S2615

S2615 39.6 S2615 206.1 S2635

S2615 42.1 S2615 221.9 S2635

S2615 44.8 S2615 236.6 S2635

S2615 45.5 S2615 233.6 S2635

S2615 53.8 S2615 231.8 S2635

S2615 51.5 S2615 233.8 S2635

S2615 61.9 S2615 232.1 S2635

S2615 65.9 S2615 229.4 S2635

S2615 63.4 S2615 242.8 S2635

S2615 62.7 S2615

S2615 54.9 S2615 202.0 S2585 15.9 S2585

S2615 59.9 S2615

S2586 54.8 S2586

Page 790: Economics of Photoelectricity - November 13 2012

Residential Commercial Agriculture Losses

TWh/year Source TWh/year Source TWh/year Source TWh/year

134.2 S2618

131.3 S2635 106.5 S2635

128.9 S2635 108.4 S2635

132.9 S2635 111.7 S2635

131.2 S2635 110.3 S2635

139.6 S2635 113.9 S2635

140.4 S2635 114.9 S2635

141.8 S2635 119.1 S2635

141.5 S2635 130.3 S2635

140.1 S2635 119.8 S2635

139.2 S2585 129.8 S2585 8.6 S2585 25.0

Page 791: Economics of Photoelectricity - November 13 2012

Source kWh/year Source

S2585 3500.0 S2619

3400.0 S2619

Average Household

Page 792: Economics of Photoelectricity - November 13 2012

TWh/year Coal Source Petroleum Source Other Gases Source

TWh/year TWh/year TWh/year

1990 0.00 S2730 8.74 S2730 0.02 S2730, N172

1991 0.01 S2730 7.71 S2730 0.05 S2730, N172

1992 0.56 S2730 8.33 S2730 0.06 S2730, N172

1993 1.48 S2730 7.39 S2730 0.06 S2730, N172

1994 1.33 S2730 7.64 S2730 0.07 S2730, N172

1995 1.56 S2730 7.68 S2730 0.07 S2730, N172

1996 1.64 S2730 7.96 S2730 0.06 S2730, N172

1997 1.57 S2730 7.69 S2730 0.07 S2730, N172

1998 1.43 S2730 7.85 S2730 0.06 S2730, N172

1999 1.44 S2730 8.00 S2730 0.05 S2730, N172

2000 1.58 S2730 8.05 S2730 0.04 S2730, N172

2001 1.60 S2730 8.22 S2730 0.04 S2730, N172

2002 1.55 S2730 9.47 S2730 0.04 S2730, N172

2003 1.64 S2730 8.50 S2730 0.04 S2730, N172

2004 1.60 S2730 8.94 S2730 0.05 S2730, N172

2005 1.63 S2730 9.07 S2730 0.04 S2730, N172

2006 1.55 S2730 9.05 S2730 0.04 S2730, N172

2007 1.58 S2730 8.91 S2730 0.05 S2730, N172

2008 1.65 S2730, S2735 8.78 S2734 0.04 S2730, N172

2009 1.50 S2730, S2734 8.60 S2734 0.02 S2730, N172

2010 1.55 S2730 8.09 S2730 0.02 S2730, N172

2011

2012

Page 793: Economics of Photoelectricity - November 13 2012

Biomass Source MSW Source Wind Source Geothermal

TWh/year TWh/year TWh/year TWh/year

0.54 S2736 0.00 S2736 0.03 S2736 0.00

0.50 S2736 0.00 S2736 0.03 S2736 0.00

0.46 S2736 0.00 S2736 0.02 S2736 0.00

0.44 S2736 0.35 S2736 0.02 S2736 0.16

0.42 S2736 0.38 S2736 0.02 S2736 0.18

0.29 S2736 0.38 S2736 0.02 S2736 0.22

0.27 S2736 0.33 S2736 0.02 S2736 0.23

0.23 S2736 0.37 S2736 0.02 S2736 0.23

0.18 S2736 0.36 S2736 0.02 S2736 0.22

0.33 S2736 0.36 S2736 0.01 S2736 0.20

0.21 S2736 0.36 S2736 0.02 S2736 0.25

0.15 S2736 0.28 S2736 0.02 S2736 0.21

0.14 S2736 0.30 S2736 0.01 S2736 0.07

0.17 S2736 0.34 S2736 0.01 S2736 0.18

0.18 S2736 0.33 S2736 0.01 S2736 0.21

0.17 S2736 0.34 S2736 0.01 S2736 0.22

0.17 S2736 0.39 S2736 0.08 S2736 0.21

0.16 S2736 0.30 S2736 0.24 S2736 0.23

0.13 S2735 0.33 S2736 0.24 S2735 0.23

0.13 S2734 0.32 S2734 0.25 S2734 0.17

0.36 P662 0.26 P662 0.20

0.37 P662 0.34 P662 0.23

Page 794: Economics of Photoelectricity - November 13 2012

Source Hydroelectric Source Photel Source Photel Source

TWh/year TWh/year GW

S2736 0.08 S2730

S2736 0.07 S2730

S2736 0.06 S2730

S2736 0.06 S2730

S2736 0.14 S2730

S2736 0.10 S2730

S2736 0.10 S2730

S2736 0.12 S2730

S2736 0.12 S2730

S2736 0.11 S2730

S2736 0.10 S2730

S2736 0.10 S2730

S2736 0.10 S2730

S2736 0.09 S2730

S2736 0.09 S2730

S2736 0.10 S2730

S2736 0.12 S2730

S2736 0.09 S2730

S2735 0.09 S2735 0.01 S2735 0.0314 S1659

S2734 0.11 S2734 0.04 S2734 0.0434 S1659

P662 0.07 S2730 0.045 S1660

P662 0.86 P662 0.06 P662 0.0855 S2691

Page 795: Economics of Photoelectricity - November 13 2012

Renewables Source Renewables** Other** Source Total

TWh/year TWh/year TWh/year

0.87 S2730, N170 0.00 S2730, N171 9.7

0.86 S2730, N170 0.00 S2730, N171 8.7

0.83 S2730, N170 0.00 S2730, N171 9.8

0.95 S2730, N170 0.00 S2730, N171 9.9

0.94 S2730, N170 0.00 S2730, N171 10.1

0.89 S2730, N170 0.00 S2730, N171 10.3

0.86 S2730, N170 0.00 S2730, N171 10.6

0.87 S2730, N170 0.00 S2730, N171 10.3

0.76 S2730, N170 0.00 S2730, N171 10.2

0.80 S2730, N170 0.00 S2730, N171 10.4

0.82 S2730, N170 0.00 S2730, N171 10.6

0.50 S2730, N170 0.17 S2730, N171 10.6

0.37 S2730, N170 0.14 S2730, N171 11.7

0.53 S2730, N170 0.17 S2730, N171 11.0

0.55 S2730, N170 0.17 S2730, N171 11.4

0.54 S2730, N170 0.15 S2730, N171 11.5

0.62 S2730, N170 0.18 S2730, N171 11.6

0.75 S2730, N170 0.95 P662 0.15 S2730, N171 11.5

0.78 S2730, N170 0.98 P662 0.16 S2730, N171 11.5

0.70 S2730, N170 0.96 P662 0.38 S2730, N171 11.3

0.75 S2730, N170 0.95 P662 0.36 S2730, N171 10.8

1.19 P662

Page 796: Economics of Photoelectricity - November 13 2012

Source Total* Source Residential Sorce

TWh/year $/kWh

Formula 0.1 S2733

Formula 0.1 S2733

Formula 10.1 S2737 0.1 S2733

Formula 10.2 S2737 0.1 S2733

Formula 10.3 S2737 0.1 S2733

Formula 10.6 S2737 0.1 S2733

Formula 10.7 S2737 0.1 S2733

Formula 10.4 S2737 0.1 S2733

Formula 10.5 S2737 0.1 S2733

Formula 10.7 S2737 0.1 S2733

Formula 12.0 S2737 0.2 S2733

Formula 10.8 S2737 0.2 S2733

Formula 10.9 S2737 0.2 S2733

Formula 11.0 S2737 0.2 S2733

Formula 11.7 S2737 0.2 S2733

Formula 11.7 S2737 0.2 S2733

Formula 11.7 S2737 0.2 S2733

Formula 11.3 S2737 0.2 S2733

Formula 11.4 S2737 0.3 S2733

Formula 11.1 S2737 0.2 S2733

Formula 0.3 S2733

0.3 S2733

Page 797: Economics of Photoelectricity - November 13 2012

Fossil Total

Source CF

Page 798: Economics of Photoelectricity - November 13 2012

Source Total* Source Imports Exports

TWh/year Source TWh/year Source

Page 799: Economics of Photoelectricity - November 13 2012

Industry Transport Residential Commercial

TWh/year Source TWh/year Source TWh/year Source TWh/year

Page 800: Economics of Photoelectricity - November 13 2012

Agriculture Losses

Source TWh/year Source TWh/year Source kWh/year Source

Average Household

Page 801: Economics of Photoelectricity - November 13 2012

TWh Australia Australia Australia Australia Australia Australia Australia Austria

S859 Fuels Nuclear Hydro Other Imports Exports Total Fuels

Jan-08 20.1 0.0 1.1 0.3 0.0 0.0 21.4 2.8

Feb-08 20.0 0.0 1.1 0.3 0.0 0.0 21.4 2.7

Mar-08 19.8 0.0 1.3 0.3 0.0 0.0 21.4 2.2

Apr-08 19.5 0.0 1.4 0.3 0.0 0.0 21.2 1.7

May-08 18.5 0.0 1.2 0.9 0.0 0.0 20.6 0.9

Jun-08 18.6 0.0 1.1 1.0 0.0 0.0 20.7 1.0

Jul-08 19.4 0.0 1.3 1.2 0.0 0.0 21.8 1.4

Aug-08 19.2 0.0 1.3 1.3 0.0 0.0 21.9 1.5

Sep-08 19.1 0.0 1.4 0.8 0.0 0.0 21.3 2.0

Oct-08 19.1 0.0 1.4 0.8 0.0 0.0 21.4 2.4

Nov-08 18.9 0.0 1.6 0.9 0.0 0.0 21.3 2.3

Dec-08 19.0 0.0 1.5 0.9 0.0 0.0 21.4 2.2

Jan-09 19.2 0.0 0.9 0.3 0.0 0.0 20.4 2.7

Feb-09 19.1 0.0 0.9 0.3 0.0 0.0 20.4 2.4

Mar-09 18.9 0.0 1.1 0.3 0.0 0.0 20.3 1.9

Apr-09 18.0 0.0 1.1 0.3 0.0 0.0 19.4 1.2

May-09 18.0 0.0 1.0 0.4 0.0 0.0 19.3 1.1

Jun-09 18.1 0.0 0.9 0.4 0.0 0.0 19.4 1.0

Jul-09 18.3 0.0 1.0 0.4 0.0 0.0 19.7 1.0

Aug-09 18.2 0.0 1.0 0.4 0.0 0.0 19.6 1.0

Sep-09 18.1 0.0 1.1 0.4 0.0 0.0 19.6 1.7

Oct-09 17.7 0.0 1.1 0.4 0.0 0.0 19.2 2.8

Nov-09 17.4 0.0 1.2 0.4 0.0 0.0 19.1 2.5

Dec-09 17.6 0.0 1.2 0.5 0.0 0.0 19.2 2.5

Jan-10 17.9 0.0 0.7 0.6 0.0 0.0 19.2 3.3

Feb-10 17.9 0.0 0.7 0.6 0.0 0.0 19.2 3.1

Mar-10 17.7 0.0 0.8 0.6 0.0 0.0 19.0 2.5

Apr-10 17.2 0.0 0.9 0.6 0.0 0.0 18.7 1.7

May-10 17.5 0.0 1.2 0.4 0.0 0.0 19.1 1.4

Jun-10 19.1 0.0 1.3 0.4 0.0 0.0 20.9 1.5

Jul-10 19.9 0.0 1.5 0.4 0.0 0.0 21.8 1.7

Aug-10 19.2 0.0 1.6 0.4 0.0 0.0 21.2 1.4

Sep-10 16.6 0.0 1.6 0.4 0.0 0.0 18.6 1.9

Oct-10 16.6 0.0 1.5 0.4 0.0 0.0 18.5 2.7

Nov-10 16.1 0.0 1.6 0.4 0.0 0.0 18.2 2.8

Dec-10 16.5 0.0 1.5 0.4 0.0 0.0 18.4 3.3

Jan-11 19.1 0.0 0.9 0.3 0.0 0.0 20.3 3.4

Feb-11 17.7 0.0 0.9 0.3 0.0 0.0 18.9 2.9

Mar-11 18.7 0.0 0.8 0.4 0.0 0.0 19.8 3.2

Apr-11 17.4 0.0 0.7 0.3 0.0 0.0 18.4 2.0

May-11 17.2 0.0 0.7 0.3 0.0 0.0 18.2 2.0

Jun-11 18.4 0.0 0.8 0.3 0.0 0.0 19.5 2.0

Jul-11 18.6 0.0 0.8 0.4 0.0 0.0 19.8 1.5

Aug-11 19.6 0.0 1.0 0.4 0.0 0.0 21.0 1.6

Sep-11 17.4 0.0 0.9 0.9 0.0 0.0 19.2 1.9

Oct-11 18.1 0.0 0.8 0.7 0.0 0.0 19.5 2.3

Nov-11 18.5 0.0 0.8 0.7 0.0 0.0 19.9 2.8

Dec-11 18.2 0.0 0.7 0.7 0.0 0.0 19.6 2.7

Jan-12 17.5 0.0 0.9 0.8 0.0 0.0 19.2 3.4

Feb-12 16.5 0.0 0.9 0.6 0.0 0.0 18.0 3.7

Mar-12 16.3 0.0 1.2 0.6 0.0 0.0 18.2 3.1

Apr-12 15.5 0.0 1.3 0.5 0.0 0.0 17.3 2.6

May-12

Jun-12

Jul-12

Aug-12

Jan-09 19.3

Feb-09 19.2

Mar-09 19.1

Apr-09 19.1

May-09 18.9

Jun-09 18.9

Page 802: Economics of Photoelectricity - November 13 2012

Jul-09 18.8

Aug-09 18.7

Sep-09 18.7

Oct-09 18.6

Nov-09 18.4

Dec-09 18.3

Jan-10 18.2

Feb-10 18.1

Mar-10 18.0

Apr-10 17.9

May-10 17.8

Jun-10 17.8

Jul-10 17.9

Aug-10 18.0

Sep-10 18.1

Oct-10 18.0

Nov-10 17.9

Dec-10 17.8

Jan-11 17.7

Feb-11 17.8

Mar-11 17.8

Apr-11 17.9

May-11 17.9

Jun-11 17.8

Jul-11 17.8

Aug-11 17.7

Sep-11 17.7

Oct-11 17.8

Nov-11 17.9

Dec-11 18.1

Jan-12 18.2

Feb-12 18.1

Mar-12 18.0

Apr-12 17.8

May-12 17.6

Jun-12 16.2

Jul-12 14.7

Aug-12 13.1

Page 803: Economics of Photoelectricity - November 13 2012

Austria Austria Austria Austria Austria Austria Belgium Belgium Belgium

Nuclear Hydro Other Imports Exports Total Fuels Nuclear Hydro

0.0 2.3 0.2 2.5 1.4 6.4 3.3 3.9 0.2

0.0 2.1 0.1 2.3 1.3 5.9 3.1 3.6 0.1

0.0 2.8 0.2 2.2 1.5 5.9 2.8 3.4 0.2

0.0 3.0 0.2 1.8 1.3 5.4 2.7 3.4 0.1

0.0 3.9 0.2 1.3 1.3 5.1 2.7 3.3 0.1

0.0 4.0 0.2 0.8 1.1 5.0 2.6 3.4 0.2

0.0 4.1 0.2 0.8 1.4 5.1 2.6 3.0 0.2

0.0 3.8 0.2 0.8 1.4 4.9 2.5 3.4 0.2

0.0 2.8 0.2 1.2 0.8 5.4 3.1 3.2 0.1

0.0 2.5 0.2 1.8 1.0 5.9 3.1 3.9 0.2

0.0 2.3 0.2 2.1 1.1 5.7 2.7 3.9 0.2

0.0 2.5 0.2 2.3 1.4 5.8 2.9 4.4 0.2

0.0 2.2 0.2 2.5 1.2 6.3 3.1 4.4 0.2

0.0 1.9 0.2 2.2 1.2 5.6 2.7 3.9 0.1

0.0 3.1 0.2 1.8 1.4 5.7 3.0 3.9 0.2

0.0 4.0 0.2 1.1 1.8 4.8 3.0 3.4 0.2

0.0 4.6 0.2 0.7 1.8 4.9 2.9 3.7 0.2

0.0 4.2 0.2 1.0 1.7 4.8 3.0 3.6 0.1

0.0 4.4 0.2 1.0 1.7 5.0 3.4 3.6 0.1

0.0 4.0 0.2 1.2 1.5 4.9 3.4 3.9 0.1

0.0 3.3 0.2 1.6 1.7 5.1 3.6 3.9 0.1

0.0 2.9 0.2 1.7 1.8 5.7 3.8 3.6 0.1

0.0 2.2 0.2 2.4 1.5 5.8 3.7 3.2 0.1

0.0 2.3 0.2 2.9 1.6 6.2 3.8 3.9 0.2

0.0 2.4 0.2 2.2 1.6 6.5 4.3 3.8 0.1

0.0 2.0 0.2 2.1 1.4 6.0 3.8 3.6 0.2

0.0 2.7 0.2 2.2 1.4 6.1 3.6 4.1 0.2

0.0 2.3 0.2 2.3 1.1 5.3 3.4 3.7 0.1

0.0 3.6 0.2 1.2 1.4 5.1 3.3 4.0 0.1

0.0 4.1 0.2 0.8 1.5 5.0 2.9 3.8 0.1

0.0 3.7 0.2 1.3 1.5 5.4 3.2 3.7 0.1

0.0 4.1 0.2 0.9 1.4 5.2 2.9 4.2 0.1

0.0 3.6 0.2 1.2 1.5 5.3 3.1 3.7 0.1

0.0 2.8 0.2 1.8 1.6 5.9 3.5 3.6 0.1

0.0 2.7 0.3 1.9 1.5 6.2 3.3 3.9 0.1

0.0 2.9 0.2 2.0 1.7 6.8 3.5 3.6 0.2

0.0 2.8 0.2 2.2 1.7 6.9 3.4 3.9 0.2

0.0 2.4 0.2 2.3 1.4 6.3 3.2 3.3 0.1

0.0 2.3 0.2 2.4 1.4 6.6 2.9 3.9 0.1

0.0 2.4 0.2 2.0 1.2 5.5 2.7 4.0 0.1

0.0 2.4 0.2 2.0 1.2 5.5 2.7 4.0 0.1

0.0 3.0 0.1 1.6 1.2 5.5 3.3 3.7 0.1

0.0 3.6 0.1 1.4 1.5 5.3 2.8 3.8 0.1

0.0 3.4 0.2 1.8 1.4 5.6 2.9 3.8 0.1

0.0 2.9 0.1 1.8 1.1 5.6 2.8 3.9 0.1

0.0 3.0 0.1 2.1 1.7 5.9 3.2 3.7 0.1

0.0 2.3 0.1 2.6 1.6 6.2 3.2 3.7 0.1

0.0 2.2 0.2 3.1 1.5 6.7 2.9 3.9 0.1

0.0 3.3 0.4 2.5 1.9 7.7 2.7 4.4 0.2

0.0 2.8 0.4 2.5 1.9 7.5 3.6 3.8 0.1

0.0 3.6 0.3 2.5 2.0 7.6 2.6 3.1 0.1

0.0 3.5 0.3 2.0 1.5 7.0 2.5 3.3 0.1

Jan-09 2.8

Feb-09 2.8

Mar-09 2.8

Apr-09 2.8

May-09 2.8

Jun-09 2.9

Page 804: Economics of Photoelectricity - November 13 2012

Jul-09 2.9

Aug-09 2.9

Sep-09 3.0

Oct-09 3.1

Nov-09 3.1

Dec-09 3.2

Jan-10 3.3

Feb-10 3.4

Mar-10 3.5

Apr-10 3.5

May-10 3.5

Jun-10 3.6

Jul-10 3.6

Aug-10 3.6

Sep-10 3.5

Oct-10 3.5

Nov-10 3.4

Dec-10 3.4

Jan-11 3.4

Feb-11 3.3

Mar-11 3.3

Apr-11 3.2

May-11 3.2

Jun-11 3.1

Jul-11 3.1

Aug-11 3.1

Sep-11 3.1

Oct-11 3.1

Nov-11 3.1

Dec-11 3.1

Jan-12 3.0

Feb-12 2.9

Mar-12 3.0

Apr-12 3.0

May-12 2.9

Jun-12 2.7

Jul-12 2.4

Aug-12 2.2

Page 805: Economics of Photoelectricity - November 13 2012

Belgium Belgium Belgium Belgium Canada Canada Canada Canada Canada

Other Imports Exports Total Fuels Nuclear Hydro Other Imports

0.1 1.6 0.4 8.6 13.7 9.0 37.0 0.3 1.7

0.1 1.6 0.3 8.1 13.2 7.6 35.8 0.3 1.4

0.1 2.1 0.4 8.2 13.5 7.3 35.1 0.3 2.5

0.1 1.6 0.4 7.3 11.8 6.2 31.0 0.3 2.3

0.0 1.6 0.4 7.4 10.9 6.0 29.4 0.2 3.1

0.0 1.6 0.4 7.4 11.1 6.6 28.0 0.2 3.2

0.0 1.6 0.4 7.0 12.1 7.9 30.2 0.2 1.9

0.0 1.6 0.4 7.3 13.1 7.7 29.6 0.2 2.0

0.1 1.2 0.4 7.3 11.4 7.4 25.7 0.2 1.6

0.1 1.2 0.6 7.8 12.0 7.5 28.1 0.2 1.9

0.1 1.1 0.4 7.6 12.4 7.1 29.8 0.2 1.9

0.1 0.9 0.6 7.7 13.0 8.2 32.3 0.2 1.4

0.1 1.1 0.7 8.1 14.7 8.2 37.4 0.2 2.1

0.1 0.9 0.5 7.3 12.1 7.1 32.6 0.2 1.3

0.1 0.8 0.6 7.4 12.3 7.9 32.6 0.2 1.6

0.1 0.7 0.7 6.6 10.6 6.0 28.1 0.2 2.0

0.1 0.7 0.9 6.6 10.5 4.8 28.0 0.2 1.4

0.1 0.7 0.9 6.6 9.7 6.7 26.4 0.2 1.6

0.1 0.6 1.3 6.5 10.3 7.5 27.4 0.2 1.3

0.1 0.5 1.5 6.6 10.8 7.8 27.8 0.2 1.3

0.1 0.5 1.2 7.0 10.6 7.1 26.2 0.3 1.3

0.1 1.0 1.1 7.5 11.5 6.7 30.8 0.3 1.3

0.3 1.0 0.9 7.5 11.3 6.9 30.2 0.3 1.3

0.2 1.0 1.0 8.1 12.2 8.6 34.4 0.3 1.2

0.1 1.2 1.0 8.5 14.6 7.7 38.5 0.3 1.2

0.2 0.9 0.9 7.7 12.5 7.1 34.0 0.4 1.0

0.2 0.9 1.0 8.0 12.3 7.4 32.9 0.4 1.3

0.2 0.8 0.8 7.3 10.5 6.2 28.7 0.4 1.3

0.1 0.9 1.2 7.2 12.5 5.6 26.5 0.4 1.7

0.1 1.1 0.9 7.1 12.4 6.4 25.6 0.4 1.5

0.1 0.8 1.1 6.8 13.8 6.9 26.7 0.3 1.4

0.2 0.8 1.3 6.8 13.6 7.4 24.8 0.2 1.8

0.1 0.9 0.9 7.1 11.7 7.6 22.4 0.4 2.4

0.2 1.3 1.2 7.6 11.9 7.5 25.2 0.4 2.1

0.2 1.2 0.9 7.8 13.0 7.0 29.5 0.4 1.7

0.2 1.6 0.5 8.6 13.8 8.6 35.9 0.5 1.2

0.4 1.4 0.5 8.6 13.3 8.8 38.0 0.9 1.6

0.3 1.2 0.4 7.8 11.7 7.3 34.0 1.1 1.5

0.4 1.4 0.6 8.2 12.1 7.7 35.0 1.0 1.5

0.4 1.0 0.8 7.3 10.3 7.2 30.0 1.1 1.6

0.3 1.0 0.8 7.2 9.9 7.2 30.1 1.1 1.6

0.6 1.0 1.1 7.5 9.4 7.4 29.4 1.3 1.2

0.5 1.3 1.2 7.2 9.3 7.0 27.6 1.0 1.3

0.6 1.1 1.3 7.1 11.4 7.8 29.6 0.9 1.2

0.7 0.8 1.0 7.4 10.4 7.6 26.3 1.2 0.9

0.7 0.9 0.7 7.8 10.7 7.2 27.9 1.6 0.9

0.5 1.1 0.7 7.8 11.2 6.3 30.5 2.1 1.1

0.5 1.2 0.7 8.0 11.4 7.6 36.4 2.1 0.9

0.4 1.1 0.8 8.1 13.0 7.2 38.0 2.6 1.0

0.5 1.2 1.2 8.1 12.3 6.4 33.6 1.9 0.9

0.3 1.8 0.4 7.6 12.1 7.0 32.7 2.4 1.2

0.4 1.3 0.5 7.1 10.4 6.4 28.9 1.6 1.2

Page 806: Economics of Photoelectricity - November 13 2012

Canada Canada Chile Chile Chile Chile Chile Chile Chile

Exports Total Fuels Nuclear Hydro Other Imports Exports Total

4.9 56.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0

4.5 53.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0

4.9 53.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0

5.4 46.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0

4.1 45.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0

6.1 43.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0

6.8 45.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0

6.7 45.9 0.0 0.0 0.0 0.0 0.0 0.0 0.0

4.1 42.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0

3.5 46.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0

3.2 48.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0

3.4 51.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0

4.1 58.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0

3.9 49.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0

3.8 50.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0

3.6 43.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0

4.4 40.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0

5.8 38.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0

5.7 41.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

6.1 41.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0

4.5 41.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0

4.8 45.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0

3.9 46.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

3.7 52.9 0.0 0.0 0.0 0.0 0.0 0.0 0.0

5.4 56.9 0.0 0.0 0.0 0.0 0.0 0.0 0.0

4.5 50.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0

4.6 49.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0

4.0 43.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

3.0 44.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

3.9 42.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0

4.3 45.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0

3.6 44.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0

2.9 42.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

2.4 45.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0

2.6 49.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0

3.9 56.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0

4.3 58.2 3.6 0.0 1.9 0.0 0.1 0.0 5.6

3.7 51.9 3.7 0.0 1.5 0.0 0.1 0.0 5.3

4.0 53.3 4.4 0.0 1.3 0.0 0.1 0.0 5.8

3.8 46.4 4.1 0.0 1.2 0.0 0.1 0.0 5.4

3.8 46.0 3.6 0.0 1.2 0.0 0.1 0.0 4.8

4.9 43.8 3.9 0.0 1.2 0.0 0.0 0.0 5.1

4.5 41.7 3.7 0.0 1.2 0.0 0.0 0.0 5.0

6.0 44.9 3.4 0.0 1.6 0.0 0.0 0.0 5.0

4.0 42.3 2.8 0.0 2.0 0.0 0.1 0.0 4.9

3.6 44.6 2.8 0.0 2.3 0.0 0.1 0.0 5.2

3.4 47.8 2.6 0.0 2.4 0.0 0.1 0.0 5.2

4.2 54.1 3.3 0.0 2.2 0.0 0.1 0.0 5.5

4.1 57.7 4.0 0.0 1.9 0.0 0.0 0.0 5.9

3.5 51.5 3.9 0.0 1.7 0.0 0.0 0.0 5.6

4.2 51.3 4.2 0.0 1.7 0.0 0.0 0.0 6.0

4.2 44.4 4.4 0.0 1.2 0.0 0.0 0.0 5.6

Jan-09

Feb-09

Mar-09

Apr-09

May-09

Jun-09

Page 807: Economics of Photoelectricity - November 13 2012

Jul-09

Aug-09

Sep-09

Oct-09

Nov-09

Dec-09

Jan-10

Feb-10

Mar-10

Apr-10

May-10

Jun-10

Jul-10

Aug-10

Sep-10

Oct-10

Nov-10

Dec-10

Jan-11

Feb-11

Mar-11

Apr-11

May-11

Jun-11

Jul-11

Aug-11

Sep-11

Oct-11

Nov-11

Dec-11

Jan-12

Feb-12

Mar-12

Apr-12

May-12

Jun-12

Jul-12

Aug-12

Page 808: Economics of Photoelectricity - November 13 2012

Denmark Denmark

Fuels Nuclear Hydro Other Imports Exports Total Fuels Nuclear

4.9 2.7 0.2 0.0 1.1 2.5 6.4 2.8 0.0

4.6 2.3 0.3 0.0 0.9 2.1 5.9 2.5 0.0

4.7 2.1 0.4 0.0 0.7 1.9 6.1 2.3 0.0

4.5 2.0 0.3 0.0 0.6 1.9 5.5 2.2 0.0

3.7 2.0 0.2 0.0 0.5 1.3 5.1 2.0 0.0

3.5 1.9 0.2 0.0 0.5 1.4 4.8 1.8 0.0

3.2 2.5 0.1 0.0 0.8 1.7 4.9 1.5 0.0

3.5 2.0 0.1 0.0 0.6 1.5 4.8 1.5 0.0

3.6 1.9 0.1 0.0 0.5 1.0 5.1 2.1 0.0

4.2 1.7 0.2 0.0 0.8 1.3 5.6 2.7 0.0

4.5 1.6 0.2 0.0 0.9 1.5 5.7 3.2 0.0

4.3 2.3 0.2 0.0 0.8 1.8 5.7 3.3 0.0

4.7 2.5 0.2 0.0 1.1 2.1 6.4 3.3 0.0

4.5 2.2 0.2 0.0 0.7 2.0 5.6 3.1 0.0

4.5 2.4 0.3 0.0 0.7 2.2 5.8 3.0 0.0

3.7 2.0 0.3 0.0 0.4 1.8 4.7 2.1 0.0

3.2 1.9 0.2 0.0 0.5 1.3 4.6 1.7 0.0

3.4 1.9 0.2 0.0 0.5 1.5 4.5 1.8 0.0

3.0 2.3 0.4 0.0 0.6 1.8 4.5 1.7 0.0

3.2 2.0 0.2 0.0 0.6 1.5 4.6 1.6 0.0

3.6 1.8 0.2 0.0 0.8 1.7 4.7 1.8 0.0

4.5 2.0 0.2 0.0 0.8 2.1 5.4 2.5 0.0

4.2 2.2 0.2 0.0 1.1 2.2 5.6 2.5 0.0

4.6 2.4 0.2 0.0 0.8 2.1 5.9 3.1 0.0

4.9 2.7 0.3 0.0 0.6 2.1 6.4 3.3 0.0

4.3 2.5 0.2 0.0 0.7 2.0 5.7 3.3 0.0

4.7 2.4 0.3 0.1 0.6 2.1 5.9 3.2 0.0

3.7 2.4 0.3 0.1 0.5 1.9 5.1 2.4 0.0

3.4 1.9 0.3 0.1 0.5 1.2 5.0 2.0 0.0

3.3 1.9 0.3 0.1 0.4 1.3 4.8 1.5 0.0

3.8 2.2 0.2 0.1 0.5 2.2 4.7 1.5 0.0

3.3 1.9 0.3 0.1 0.5 1.4 4.8 1.5 0.0

4.1 1.7 0.3 0.1 0.5 1.8 4.9 1.9 0.0

4.4 2.2 0.3 0.1 0.7 2.2 5.5 2.5 0.0

4.3 2.1 0.2 0.1 0.7 1.8 5.6 2.7 0.0

4.5 2.4 0.3 0.0 0.6 1.6 6.3 3.4 0.0

4.6 2.7 0.3 0.1 0.5 2.1 6.2 3.3 0.0

4.2 2.4 0.3 0.1 0.7 2.0 5.7 2.8 0.0

4.4 2.4 0.3 0.2 0.8 2.2 5.9 2.9 0.0

3.5 2.3 0.3 0.3 0.7 2.1 5.0 2.0 0.0

3.5 2.3 0.3 0.3 0.7 2.1 5.0 2.1 0.0

3.8 2.2 0.2 0.3 0.6 2.1 5.0 1.7 0.0

3.5 2.0 0.2 0.3 0.5 1.8 4.7 1.5 0.0

3.5 1.7 0.2 0.3 1.1 2.1 4.7 1.1 0.0

4.0 1.7 0.2 0.2 0.8 2.1 4.8 1.2 0.0

4.6 2.2 0.2 0.2 0.9 2.7 5.4 1.6 0.0

4.6 2.4 0.2 0.1 1.2 2.8 5.8 2.1 0.0

4.5 2.6 0.2 0.1 1.6 3.3 5.8 2.0 0.0

4.7 2.7 0.4 0.1 1.3 3.0 6.1 2.4 0.0

4.5 2.3 0.3 0.1 1.5 2.5 6.3 2.5 0.0

4.5 2.5 0.4 0.2 0.8 2.7 5.7 1.6 0.0

4.1 2.4 0.3 0.3 0.7 2.6 5.2 1.5 0.0

4.1

4.1

4.1

4.1

4.0

4.0

Czech Republic

Czech Republic

Czech Republic

Czech Republic

Czech Republic

Czech Republic

Czech Republic

Page 809: Economics of Photoelectricity - November 13 2012

3.9

3.9

3.9

3.9

3.9

3.9

3.9

3.9

3.9

3.9

3.9

4.0

3.9

4.0

4.0

4.1

4.1

4.1

4.1

4.0

4.0

4.0

4.0

4.0

4.1

4.0

4.1

4.0

4.1

4.1

4.1

4.1

4.1

4.1

4.2

3.9

3.6

3.3

Page 810: Economics of Photoelectricity - November 13 2012

Denmark Denmark Denmark Denmark Denmark Estonia Estonia Estonia Estonia

Hydro Other Imports Exports Total Fuels Nuclear Hydro Other

0.0 1.1 0.8 1.2 3.4 0.0 0.0 0.0 0.0

0.0 0.9 0.9 1.1 3.1 0.0 0.0 0.0 0.0

0.0 0.8 0.9 0.8 3.2 0.0 0.0 0.0 0.0

0.0 0.3 1.4 0.9 2.9 0.0 0.0 0.0 0.0

0.0 0.2 1.3 0.7 2.8 0.0 0.0 0.0 0.0

0.0 0.6 1.1 0.7 2.7 0.0 0.0 0.0 0.0

0.0 0.4 1.6 0.8 2.6 0.0 0.0 0.0 0.0

0.0 0.5 1.3 0.4 2.8 0.0 0.0 0.0 0.0

0.0 0.4 1.3 0.9 2.8 0.0 0.0 0.0 0.0

0.0 0.7 1.0 1.3 3.1 0.0 0.0 0.0 0.0

0.0 0.8 0.7 1.5 3.2 0.0 0.0 0.0 0.0

0.0 0.4 0.8 1.3 3.3 0.0 0.0 0.0 0.0

0.0 0.6 0.9 1.4 3.4 0.0 0.0 0.0 0.0

0.0 0.4 0.8 1.3 3.0 0.0 0.0 0.0 0.0

0.0 0.6 0.9 1.3 3.1 0.0 0.0 0.0 0.0

0.0 0.3 1.0 0.8 2.7 0.0 0.0 0.0 0.0

0.0 0.6 1.1 0.7 2.7 0.0 0.0 0.0 0.0

0.0 0.5 1.0 0.6 2.7 0.0 0.0 0.0 0.0

0.0 0.4 0.9 0.4 2.6 0.0 0.0 0.0 0.0

0.0 0.5 1.2 0.6 2.7 0.0 0.0 0.0 0.0

0.0 0.6 1.1 0.8 2.7 0.0 0.0 0.0 0.0

0.0 0.7 0.8 0.9 3.0 0.0 0.0 0.0 0.0

0.0 0.9 0.7 1.0 3.1 0.0 0.0 0.0 0.0

0.0 0.6 0.8 1.2 3.3 0.0 0.0 0.0 0.0

0.0 0.8 0.8 1.3 3.6 0.0 0.0 0.0 0.0

0.0 0.5 0.7 1.4 3.2 0.0 0.0 0.0 0.0

0.0 0.7 0.8 1.5 3.3 0.0 0.0 0.0 0.0

0.0 0.6 0.6 0.9 2.8 0.0 0.0 0.0 0.0

0.0 0.6 1.0 0.8 2.8 0.0 0.0 0.0 0.0

0.0 0.4 1.3 0.5 2.7 0.0 0.0 0.0 0.0

0.0 0.4 1.4 0.7 2.6 0.0 0.0 0.0 0.0

0.0 0.5 1.1 0.5 2.7 0.0 0.0 0.0 0.0

0.0 0.8 0.9 0.8 2.8 0.0 0.0 0.0 0.0

0.0 0.9 0.7 1.1 3.0 0.0 0.0 0.0 0.0

0.0 0.9 0.6 1.0 3.2 0.0 0.0 0.0 0.0

0.0 0.7 0.8 1.4 3.6 0.0 0.0 0.0 0.0

0.0 0.7 0.8 1.4 3.4 1.2 0.0 0.0 0.0

0.0 1.2 0.5 1.4 3.1 1.0 0.0 0.0 0.0

0.0 0.9 0.6 1.3 3.1 1.1 0.0 0.0 0.0

0.0 0.7 0.9 1.0 2.6 0.8 0.0 0.0 0.0

0.0 0.7 0.9 1.0 2.7 0.8 0.0 0.0 0.0

0.0 0.8 0.8 0.6 2.7 0.9 0.0 0.0 0.0

0.0 0.5 1.1 0.6 2.6 0.9 0.0 0.0 0.0

0.0 0.6 1.4 0.6 2.5 0.8 0.0 0.0 0.0

0.0 0.7 1.4 0.6 2.8 0.8 0.0 0.0 0.0

0.0 1.0 0.9 0.6 2.9 0.8 0.0 0.0 0.0

0.0 0.7 0.9 0.8 3.0 1.0 0.0 0.0 0.0

0.0 1.3 0.9 1.0 3.2 1.0 0.0 0.0 0.1

0.0 1.1 0.9 1.2 3.3 1.0 0.0 0.0 0.0

0.0 0.9 0.8 1.1 3.2 1.0 0.0 0.0 0.0

0.0 1.1 1.3 1.0 3.0 0.8 0.0 0.0 0.0

0.0 0.7 1.4 1.0 2.7 0.8 0.0 0.0 0.0

Page 811: Economics of Photoelectricity - November 13 2012

Estonia Estonia Estonia Finland Finland Finland Finland Finland Finland

Imports Exports Total Fuels Nuclear Hydro Other Imports Exports

0.0 0.0 21.4 3.7 2.0 1.4 0.1 1.7 0.0

0.0 0.0 21.4 3.2 1.9 1.3 0.1 1.5 0.0

0.0 0.0 21.4 3.1 2.0 1.5 0.1 1.6 0.0

0.0 0.0 21.2 2.7 2.0 1.4 0.0 1.3 0.2

0.0 0.0 20.6 2.1 1.5 1.8 0.0 1.5 0.1

0.0 0.0 20.7 2.0 1.8 1.4 0.0 1.0 0.1

0.0 0.0 21.8 1.9 2.0 1.3 0.0 1.2 0.2

0.0 0.0 21.9 2.5 1.7 1.3 0.1 1.3 0.3

0.0 0.0 21.3 3.1 1.4 1.3 0.0 1.2 0.5

0.0 0.0 21.4 3.2 1.8 1.4 0.1 1.2 0.5

0.0 0.0 21.3 3.5 2.0 1.5 0.1 1.3 0.8

0.0 0.0 21.4 3.4 2.0 1.4 0.1 1.3 0.7

0.0 0.0 20.4 3.8 2.0 1.4 0.1 1.3 0.4

0.0 0.0 20.4 3.7 1.8 1.2 0.1 1.2 0.6

0.0 0.0 20.3 3.4 2.0 1.3 0.1 1.3 0.4

0.0 0.0 19.4 2.4 2.0 1.1 0.1 1.3 0.4

0.0 0.0 19.3 1.8 1.5 1.4 0.0 1.4 0.1

0.0 0.0 19.4 1.4 1.9 0.9 0.0 1.1 0.3

0.0 0.0 19.7 1.4 2.0 0.7 0.0 1.3 0.1

0.0 0.0 19.6 1.9 1.9 0.8 0.0 1.1 0.0

0.0 0.0 19.6 2.3 1.6 0.9 0.1 1.3 0.1

0.0 0.0 19.2 3.2 2.0 0.9 0.1 1.3 0.2

0.0 0.0 19.1 3.4 1.9 0.9 0.1 1.4 0.3

0.0 0.0 19.2 4.2 2.0 1.1 0.1 1.4 0.6

0.0 0.0 19.2 5.0 2.0 1.1 0.1 1.4 0.4

0.0 0.0 19.2 4.6 1.8 0.9 0.1 1.2 0.5

0.0 0.0 19.0 4.5 2.0 0.9 0.1 1.3 1.0

0.0 0.0 18.7 3.5 2.0 1.1 0.1 1.2 0.9

0.0 0.0 19.1 2.6 1.3 1.5 0.0 1.4 0.4

0.0 0.0 20.9 1.9 1.7 1.2 0.1 1.2 0.2

0.0 0.0 21.8 1.7 1.9 1.0 0.1 1.3 0.0

0.0 0.0 21.2 2.0 1.7 0.9 0.0 1.6 0.1

0.0 0.0 18.6 2.8 1.6 0.9 0.1 1.2 0.2

0.0 0.0 18.5 3.5 1.9 1.0 0.1 1.2 0.4

0.0 0.0 18.2 3.9 2.0 1.0 0.1 1.3 0.4

0.0 0.0 18.4 5.0 2.0 1.1 0.1 1.4 0.7

0.0 0.4 20.3 5.1 2.0 0.9 0.1 1.3 0.7

0.1 0.3 18.9 4.7 1.8 0.9 0.1 1.2 0.3

0.1 0.4 19.8 4.8 2.0 0.8 0.1 1.3 0.9

0.3 0.4 18.4 3.2 2.0 1.0 0.1 1.3 0.6

0.3 0.4 18.2 3.2 2.0 1.0 0.1 1.3 0.6

0.1 0.4 19.5 3.2 1.4 1.0 0.1 1.3 0.4

0.1 0.5 19.8 1.7 1.7 1.0 0.1 1.4 0.2

0.2 0.5 21.0 1.3 2.0 0.9 0.0 1.7 0.1

0.2 0.5 19.2 1.8 1.6 0.9 0.1 1.9 0.1

0.2 0.4 19.5 2.1 2.0 1.3 0.1 1.4 0.2

0.1 0.5 19.9 2.7 2.0 1.2 0.1 1.3 0.1

0.1 0.5 19.6 2.7 2.0 1.4 0.1 1.4 0.1

0.2 0.3 19.2 3.4 2.1 1.3 0.1 1.9 0.2

0.2 0.3 18.0 3.6 1.9 1.2 0.1 1.6 0.1

0.3 0.3 18.2 2.9 2.0 1.2 0.1 1.6 0.2

0.2 0.3 17.3 2.4 1.8 1.1 0.1 1.6 0.1

Page 812: Economics of Photoelectricity - November 13 2012

Finland France France France France France France France Germany

Total Fuels Nuclear Hydro Other Imports Exports Total Fuels

8.8 7.5 41.0 6.0 0.7 0.9 5.2 50.8 35.6

8.0 6.5 38.9 4.4 0.5 0.6 4.9 46.0 33.8

8.3 6.9 37.2 5.5 0.7 1.0 4.0 47.4 32.1

7.2 4.1 34.3 7.0 0.5 0.7 4.4 42.0 34.2

6.8 2.2 32.0 7.2 0.3 0.3 6.2 35.7 29.2

6.1 3.0 28.5 8.3 0.4 0.5 5.7 35.0 28.5

6.2 2.8 31.8 5.9 0.3 0.7 5.5 36.1 30.0

6.5 2.0 32.0 4.2 0.4 0.6 6.1 33.1 25.9

6.6 3.3 31.2 4.8 0.5 1.0 4.6 36.2 30.6

7.3 4.5 34.0 3.7 0.5 1.8 3.1 41.3 34.2

7.6 6.5 36.1 5.0 0.7 1.0 4.4 45.0 32.2

7.5 7.6 41.3 5.5 0.7 1.5 4.3 52.4 33.1

8.2 8.4 43.1 6.0 0.7 1.7 4.3 55.6 36.6

7.5 7.2 37.0 5.7 0.6 1.1 4.4 47.3 32.1

7.7 6.7 35.9 6.2 0.8 0.9 5.3 45.1 31.3

6.5 2.7 30.9 6.6 0.6 1.1 3.9 38.0 25.9

6.0 2.0 29.9 7.1 0.6 0.8 5.3 35.0 24.2

5.2 2.3 27.1 6.3 0.4 1.7 3.5 34.3 27.5

5.3 2.7 28.9 4.9 0.6 2.3 3.4 35.9 28.2

5.7 2.8 28.2 3.9 0.4 1.5 3.5 33.4 24.4

6.2 3.9 28.7 2.9 0.6 1.8 2.9 34.9 28.5

7.3 4.9 30.9 3.0 0.7 2.9 2.2 40.2 32.3

7.3 7.1 31.5 3.7 1.4 2.2 3.1 42.8 30.9

8.2 8.2 37.9 5.2 1.0 2.7 3.2 51.7 33.9

9.2 9.3 40.3 6.2 0.7 3.4 2.7 57.3 38.6

8.1 7.3 36.3 5.8 1.0 2.5 3.3 49.5 35.4

7.8 7.8 36.0 6.2 1.2 2.4 4.3 49.3 33.9

6.8 3.8 31.3 5.7 0.8 1.5 3.9 39.1 30.7

6.5 3.1 29.4 6.4 0.8 1.4 3.5 37.5 29.7

5.8 2.6 29.6 7.2 0.6 0.6 5.9 34.6 29.3

5.9 3.2 31.8 5.4 0.6 0.8 5.5 36.3 28.5

6.2 1.9 32.4 4.3 0.7 0.5 6.4 33.4 26.0

6.4 3.2 31.7 3.5 0.6 1.0 4.6 35.4 28.0

7.3 4.8 31.9 3.9 1.1 2.8 3.3 41.3 34.2

8.0 7.5 35.5 5.4 1.1 1.8 4.1 47.1 33.3

8.9 9.0 41.9 6.9 1.1 2.3 3.0 58.1 37.4

8.8 6.9 43.9 6.0 1.2 2.4 6.7 53.7 34.6

8.4 6.8 38.3 4.1 0.9 1.6 6.3 45.4 31.4

8.2 7.2 37.7 4.5 1.1 1.7 7.3 44.8 34.5

6.9 3.0 32.9 4.0 0.8 1.0 7.5 34.2 28.6

6.9 3.0 32.9 4.1 0.8 1.0 7.5 34.2 27.7

6.5 3.4 33.1 3.4 0.8 1.0 7.8 33.9 28.9

5.7 2.2 32.6 4.3 1.0 0.6 8.5 32.2 25.8

5.9 2.0 33.5 4.2 0.9 0.6 8.6 32.6 25.9

6.2 3.0 31.5 3.2 0.9 0.9 6.3 33.2 27.7

6.8 4.7 32.8 3.2 1.1 1.6 6.2 37.3 31.0

7.2 7.4 33.7 3.9 1.0 2.4 6.8 41.7 34.3

7.5 6.0 39.8 5.6 2.1 1.8 7.7 47.7 29.6

8.5 5.6 42.8 6.7 1.8 0.8 6.2 51.4 35.5

8.3 8.5 38.7 5.1 1.4 3.5 2.6 54.6 40.6

7.7 5.5 37.6 3.9 1.2 0.5 5.5 43.1 35.3

6.9 3.4 33.1 5.3 1.8 1.1 4.5 40.2 33.2

Page 813: Economics of Photoelectricity - November 13 2012

Germany Germany Germany Germany Germany Germany Greece Greece Greece

Nuclear Hydro Other Imports Exports Total Fuels Nuclear Hydro

12.4 2.3 3.8 3.6 7.6 50.0 4.7 0.0 0.3

12.4 2.0 3.8 3.2 6.5 48.7 4.1 0.0 0.3

13.3 2.4 3.8 3.0 7.2 47.4 3.5 0.0 0.2

11.7 2.3 3.9 3.3 5.6 49.8 3.9 0.0 0.1

11.5 2.4 4.7 3.6 4.1 47.2 4.1 0.0 0.2

10.3 2.4 4.8 4.4 3.2 47.2 4.5 0.0 0.4

10.4 2.4 5.0 4.7 3.2 49.2 5.3 0.0 0.4

12.2 2.2 5.1 4.0 3.8 45.6 5.0 0.0 0.3

11.5 1.8 5.2 3.4 4.3 48.3 4.4 0.0 0.2

11.5 1.8 5.4 3.0 6.0 49.9 4.3 0.0 0.2

12.1 1.7 5.5 3.1 6.0 48.8 4.3 0.0 0.3

12.9 1.9 5.7 3.5 6.3 50.8 4.7 0.0 0.4

12.7 1.7 5.9 3.8 6.3 54.5 4.5 0.0 0.3

11.1 1.5 6.1 3.9 5.5 49.1 3.9 0.0 0.5

11.2 2.0 6.3 4.1 4.7 50.1 3.8 0.0 0.5

10.6 2.3 6.4 3.7 4.1 44.9 3.5 0.0 0.5

10.1 2.4 4.9 4.3 3.1 42.9 3.8 0.0 0.4

9.5 2.2 5.1 3.5 4.0 43.7 4.1 0.0 0.4

8.9 2.4 5.2 3.4 3.1 45.0 4.8 0.0 0.6

10.4 2.0 5.3 3.5 3.2 42.4 4.5 0.0 0.5

9.8 1.8 5.6 3.2 3.9 44.9 4.1 0.0 0.4

10.1 1.6 5.7 3.3 4.7 48.4 4.0 0.0 0.5

11.4 1.8 5.9 2.6 5.8 46.8 3.4 0.0 0.9

12.3 2.1 6.1 2.9 6.1 51.1 3.8 0.0 0.8

12.5 2.0 4.2 2.8 6.2 53.9 3.8 0.0 0.8

11.0 1.8 4.2 2.8 5.7 49.4 3.4 0.0 0.9

11.7 2.0 4.2 3.7 6.0 49.6 3.2 0.0 0.8

10.2 1.9 4.2 3.0 5.2 44.7 3.2 0.0 0.7

10.7 1.9 2.9 3.4 4.0 44.7 3.2 0.0 0.3

9.2 2.1 2.0 4.9 3.3 44.1 3.3 0.0 0.4

10.9 2.0 1.8 4.4 4.2 43.4 4.1 0.0 0.6

11.5 2.1 2.8 4.9 3.8 43.7 4.2 0.0 0.4

11.4 2.3 3.2 3.8 4.2 44.4 3.6 0.0 0.3

9.8 1.9 3.8 3.5 4.8 48.3 3.4 0.0 0.5

11.6 2.0 3.4 3.4 5.1 48.5 2.9 0.0 0.7

13.0 2.1 3.2 3.0 5.9 52.8 3.2 0.0 0.8

13.6 2.2 5.2 3.8 6.4 53.1 4.2 0.0 0.5

12.0 1.7 6.6 3.0 6.0 48.6 3.8 0.0 0.3

10.8 2.5 4.5 3.8 5.7 50.4 3.9 0.0 0.4

7.7 2.3 5.1 4.2 4.3 43.6 3.2 0.0 0.2

7.7 2.3 5.4 4.2 4.1 43.2 3.2 0.0 0.3

5.1 2.0 4.3 5.1 2.7 42.7 3.4 0.0 0.3

6.4 2.5 4.6 5.2 3.2 41.2 3.2 0.0 0.5

7.5 2.8 7.1 4.9 3.7 44.5 4.9 0.0 0.4

7.7 2.4 5.0 4.0 3.2 43.5 3.7 0.0 0.3

7.3 2.5 5.6 3.9 4.6 45.7 3.1 0.0 0.2

8.0 2.1 3.7 4.4 5.3 47.2 3.8 0.0 0.2

8.5 2.4 8.6 4.2 6.6 46.7 4.0 0.0 0.3

8.8 2.5 7.8 4.2 6.0 52.9 3.8 0.0 0.3

8.4 2.1 5.7 3.1 6.3 53.6 3.5 0.0 0.4

8.7 2.3 6.6 4.2 6.7 50.4 3.2 0.0 0.3

5.8 2.3 6.2 4.0 5.2 46.3 2.6 0.0 0.3

Jan-09 4.4

Feb-09 4.4

Mar-09 4.4

Apr-09 4.4

May-09 4.4

Jun-09 4.3

Page 814: Economics of Photoelectricity - November 13 2012

Jul-09 4.3

Aug-09 4.3

Sep-09 4.2

Oct-09 4.2

Nov-09 4.2

Dec-09 4.1

Jan-10 4.0

Feb-10 4.0

Mar-10 3.9

Apr-10 3.9

May-10 3.8

Jun-10 3.8

Jul-10 3.7

Aug-10 3.7

Sep-10 3.6

Oct-10 3.6

Nov-10 3.5

Dec-10 3.5

Jan-11 3.5

Feb-11 3.5

Mar-11 3.5

Apr-11 3.6

May-11 3.6

Jun-11 3.6

Jul-11 3.6

Aug-11 3.5

Sep-11 3.6

Oct-11 3.6

Nov-11 3.6

Dec-11 3.6

Jan-12 3.7

Feb-12 3.7

Mar-12 3.6

Apr-12 3.6

May-12 3.5

Jun-12 3.3

Jul-12 3.0

Aug-12 2.7

Page 815: Economics of Photoelectricity - November 13 2012

Greece Greece Greece Greece Hungary Hungary Hungary Hungary Hungary

Other Imports Exports Total Fuels Nuclear Hydro Other Imports

0.2 0.3 0.0 5.4 2.1 1.4 0.0 0.0 1.5

0.2 0.5 0.1 4.9 1.8 1.3 0.0 0.0 1.4

0.2 0.9 0.0 4.8 1.9 1.3 0.0 0.0 1.2

0.2 0.7 0.0 4.9 1.8 1.0 0.0 0.0 1.0

0.2 0.5 0.0 5.1 1.7 1.0 0.0 0.0 1.0

0.2 0.8 0.0 5.8 1.8 1.0 0.0 0.0 0.8

0.2 0.9 0.1 6.7 1.9 1.0 0.0 0.0 1.0

0.2 0.8 0.1 6.2 1.8 1.0 0.0 0.0 0.9

0.2 0.6 0.0 5.4 1.9 1.0 0.0 0.0 0.9

0.2 0.3 0.0 5.0 2.0 1.3 0.0 0.0 1.0

0.2 0.3 0.0 5.0 2.0 1.3 0.0 0.0 0.9

0.2 0.4 0.0 5.7 1.9 1.4 0.0 0.0 0.8

0.1 0.4 0.1 5.4 1.7 1.4 0.0 0.0 1.0

0.1 0.6 0.1 4.9 1.6 1.3 0.0 0.0 0.8

0.1 0.9 0.1 5.3 1.4 1.3 0.0 0.0 1.2

0.1 0.3 0.0 4.3 1.5 1.0 0.0 0.0 0.7

0.1 0.2 0.2 4.4 1.3 1.0 0.0 0.0 0.7

0.1 0.5 0.0 5.2 1.1 1.3 0.0 0.0 0.9

0.1 0.7 0.0 6.3 1.3 1.0 0.0 0.0 1.2

0.1 0.5 0.2 5.5 1.2 1.3 0.0 0.0 0.8

0.2 0.7 0.6 4.7 1.3 1.0 0.0 0.0 1.1

0.2 0.4 0.2 4.8 1.6 1.1 0.0 0.0 1.0

0.2 0.5 0.4 4.6 1.8 1.3 0.0 0.0 0.8

0.2 0.5 1.1 4.2 1.8 1.4 0.0 0.0 0.9

0.3 0.3 0.7 4.5 1.8 1.4 0.0 0.0 0.7

0.3 0.5 1.3 3.7 1.7 1.3 0.0 0.0 0.7

0.3 1.0 0.3 5.0 1.8 1.3 0.0 0.0 0.7

0.3 0.6 0.8 4.0 1.4 1.1 0.0 0.0 0.8

0.2 0.4 0.0 4.0 1.4 1.1 0.0 0.0 0.8

0.2 0.6 0.1 4.3 1.4 1.0 0.0 0.0 0.9

0.1 0.7 0.7 4.8 1.4 1.1 0.0 0.0 1.2

0.1 0.7 0.3 5.1 1.2 1.4 0.0 0.0 0.9

0.2 0.8 0.3 4.5 1.4 1.3 0.0 0.0 0.9

0.2 0.6 0.4 4.3 1.7 1.2 0.0 0.0 1.1

0.2 0.6 0.3 4.2 1.9 1.3 0.0 0.1 0.7

0.2 0.6 0.3 4.6 1.9 1.4 0.0 0.1 0.6

0.2 0.6 0.4 5.1 1.9 1.4 0.0 0.0 0.8

0.2 0.6 0.3 4.7 1.7 1.3 0.0 0.0 0.9

0.2 1.0 0.2 5.2 1.8 1.2 0.0 0.1 1.0

0.2 0.8 0.1 4.3 1.4 1.0 0.0 0.1 1.0

0.3 0.6 0.3 4.0 1.4 1.0 0.0 0.1 1.0

0.2 0.5 0.4 4.0 1.4 1.0 0.0 0.1 1.2

0.2 0.6 0.3 4.3 1.3 1.2 0.0 0.1 1.0

0.2 0.8 0.3 6.0 1.3 1.0 0.0 0.1 1.5

0.3 0.5 0.3 4.5 1.3 1.1 0.0 0.0 1.4

0.4 0.5 0.3 3.9 1.4 1.2 0.0 0.1 1.5

0.3 0.6 0.4 4.5 1.7 1.4 0.0 0.0 1.5

0.3 0.6 0.4 4.9 1.6 1.4 0.0 0.1 1.6

0.4 0.5 0.4 4.6 1.7 1.4 0.0 0.1 1.7

0.3 0.5 0.4 4.3 1.9 1.3 0.0 0.1 1.6

0.4 0.5 0.4 4.0 1.3 1.4 0.0 0.1 1.5

0.5 0.5 0.4 3.5 1.1 1.0 0.0 0.1 1.5

Page 816: Economics of Photoelectricity - November 13 2012

Hungary Hungary Iceland Iceland Iceland Iceland Iceland Iceland Iceland

Exports Total Fuels Nuclear Hydro Other Imports Exports Total

1.2 3.8 0.0 0.0 0.9 0.3 0.0 0.0 1.3

1.0 3.4 0.0 0.0 0.9 0.3 0.0 0.0 1.2

0.9 3.5 0.0 0.0 1.1 0.3 0.0 0.0 1.4

0.5 3.3 0.0 0.0 1.1 0.3 0.0 0.0 1.4

0.5 3.3 0.0 0.0 1.1 0.3 0.0 0.0 1.4

0.4 3.3 0.0 0.0 1.0 0.3 0.0 0.0 1.3

0.5 3.4 0.0 0.0 1.1 0.3 0.0 0.0 1.3

0.5 3.3 0.0 0.0 1.0 0.3 0.0 0.0 1.3

0.5 3.3 0.0 0.0 1.0 0.3 0.0 0.0 1.3

0.9 3.5 0.0 0.0 1.0 0.4 0.0 0.0 1.4

0.8 3.4 0.0 0.0 1.0 0.4 0.0 0.0 1.4

0.9 3.4 0.0 0.0 1.1 0.4 0.0 0.0 1.5

0.6 3.5 0.0 0.0 1.0 0.4 0.0 0.0 1.4

0.6 3.1 0.0 0.0 1.0 0.4 0.0 0.0 1.3

0.6 3.3 0.0 0.0 1.1 0.4 0.0 0.0 1.4

0.4 2.9 0.0 0.0 1.1 0.4 0.0 0.0 1.4

0.1 3.0 0.0 0.0 1.0 0.3 0.0 0.0 1.4

0.4 2.9 0.0 0.0 1.0 0.3 0.0 0.0 1.3

0.3 3.3 0.0 0.0 1.0 0.4 0.0 0.0 1.4

0.2 3.1 0.0 0.0 1.0 0.4 0.0 0.0 1.4

0.3 3.2 0.0 0.0 1.0 0.3 0.0 0.0 1.3

0.4 3.3 0.0 0.0 1.0 0.4 0.0 0.0 1.4

0.6 3.3 0.0 0.0 1.0 0.4 0.0 0.0 1.4

0.9 3.4 0.0 0.0 1.1 0.4 0.0 0.0 1.5

0.6 3.5 0.0 0.0 1.1 0.4 0.0 0.0 1.5

0.5 3.2 0.0 0.0 1.0 0.3 0.0 0.0 1.3

0.4 3.4 0.0 0.0 1.1 0.4 0.0 0.0 1.5

0.3 3.1 0.0 0.0 1.0 0.4 0.0 0.0 1.4

0.2 3.2 0.0 0.0 1.0 0.4 0.0 0.0 1.4

0.2 3.2 0.0 0.0 1.0 0.3 0.0 0.0 1.3

0.3 3.4 0.0 0.0 1.0 0.4 0.0 0.0 1.3

0.4 3.2 0.0 0.0 1.0 0.3 0.0 0.0 1.4

0.4 3.2 0.0 0.0 1.0 0.3 0.0 0.0 1.3

0.7 3.4 0.0 0.0 1.0 0.3 0.0 0.0 1.3

0.5 3.4 0.0 0.0 1.1 0.4 0.0 0.0 1.4

0.5 3.6 0.0 0.0 1.1 0.4 0.0 0.0 1.5

0.5 3.7 0.0 0.0 1.1 0.4 0.0 0.0 1.5

0.6 3.4 0.0 0.0 1.0 0.3 0.0 0.0 1.3

0.5 3.5 0.0 0.0 1.1 0.4 0.0 0.0 1.5

0.4 3.2 0.0 0.0 1.0 0.4 0.0 0.0 1.4

0.4 3.2 0.0 0.0 1.0 0.4 0.0 0.0 1.4

0.5 3.3 0.0 0.0 1.0 0.4 0.0 0.0 1.4

0.4 3.2 0.0 0.0 1.0 0.3 0.0 0.0 1.3

0.5 3.3 0.0 0.0 1.0 0.4 0.0 0.0 1.4

0.6 3.2 0.0 0.0 1.0 0.4 0.0 0.0 1.4

0.7 3.4 0.0 0.0 1.0 0.4 0.0 0.0 1.4

1.1 3.4 0.0 0.0 1.0 0.4 0.0 0.0 1.4

1.4 3.4 0.0 0.0 1.1 0.4 0.0 0.0 1.5

1.4 3.6 0.0 0.0 1.1 0.5 0.0 0.0 1.5

1.4 3.5 0.0 0.0 1.0 0.4 0.0 0.0 1.4

0.9 3.4 0.0 0.0 1.0 0.4 0.0 0.0 1.5

0.5 3.1 0.0 0.0 1.0 0.4 0.0 0.0 1.4

Page 817: Economics of Photoelectricity - November 13 2012

Ireland Ireland Ireland Ireland Ireland Ireland Ireland Italy Italy

Fuels Nuclear Hydro Other Imports Exports Total Fuels Nuclear

2.2 0.0 0.2 0.3 0.0 0.0 2.7 23.2 0.0

2.1 0.0 0.1 0.2 0.1 0.0 2.4 21.8 0.0

2.0 0.0 0.1 0.2 0.1 0.0 2.5 21.5 0.0

2.0 0.0 0.1 0.2 0.1 0.0 2.4 18.7 0.0

2.1 0.0 0.0 0.1 0.1 0.0 2.3 18.7 0.0

2.0 0.0 0.0 0.1 0.0 0.0 2.2 19.6 0.0

2.0 0.0 0.1 0.1 0.1 0.0 2.3 22.1 0.0

2.0 0.0 0.1 0.2 0.1 0.0 2.3 19.2 0.0

2.0 0.0 0.1 0.1 0.1 0.0 2.3 21.8 0.0

2.2 0.0 0.1 0.3 0.0 0.1 2.5 22.3 0.0

2.3 0.0 0.1 0.2 0.0 0.1 2.6 19.2 0.0

2.2 0.0 0.1 0.3 0.1 0.0 2.7 18.9 0.0

2.3 0.0 0.1 0.3 0.0 0.0 2.7 19.1 0.0

2.1 0.0 0.1 0.2 0.1 0.0 2.4 17.4 0.0

2.1 0.0 0.1 0.2 0.1 0.0 2.4 17.4 0.0

2.0 0.0 0.1 0.1 0.1 0.0 2.3 16.0 0.0

1.7 0.0 0.1 0.3 0.1 0.0 2.2 15.4 0.0

1.8 0.0 0.1 0.1 0.1 0.0 2.0 16.2 0.0

1.7 0.0 0.1 0.2 0.1 0.0 2.1 20.0 0.0

1.6 0.0 0.1 0.3 0.1 0.0 2.1 18.0 0.0

1.7 0.0 0.1 0.2 0.1 0.0 2.1 19.5 0.0

1.9 0.0 0.1 0.2 0.0 0.0 2.3 20.3 0.0

1.8 0.0 0.2 0.4 0.0 0.0 2.4 19.2 0.0

2.1 0.0 0.2 0.3 0.1 0.0 2.6 18.9 0.0

2.2 0.0 0.1 0.2 0.1 0.0 2.7 19.8 0.0

2.0 0.0 0.1 0.1 0.1 0.0 2.4 18.2 0.0

2.1 0.0 0.1 0.2 0.1 0.0 2.5 19.1 0.0

1.8 0.0 0.1 0.2 0.1 0.0 2.2 16.8 0.0

1.8 0.0 0.0 0.2 0.1 0.0 2.2 16.0 0.0

1.8 0.0 0.0 0.2 0.1 0.0 2.1 16.4 0.0

1.8 0.0 0.0 0.3 0.0 0.0 2.1 21.2 0.0

1.8 0.0 0.0 0.2 0.1 0.0 2.0 17.1 0.0

1.8 0.0 0.1 0.3 0.0 0.1 2.1 18.8 0.0

1.9 0.0 0.0 0.3 0.0 0.0 2.2 19.3 0.0

2.0 0.0 0.1 0.3 0.0 0.0 2.4 18.0 0.0

2.3 0.0 0.1 0.2 0.1 0.0 2.7 18.1 0.0

2.2 0.0 0.1 0.3 0.1 0.0 2.6 20.0 0.0

1.7 0.0 0.1 0.4 0.1 0.0 2.2 18.5 0.0

2.0 0.0 0.0 0.2 0.1 0.0 2.4 19.6 0.0

1.7 0.0 0.0 0.2 0.1 0.0 2.1 17.1 0.0

1.7 0.0 0.0 0.2 0.1 0.0 2.1 15.9 0.0

1.4 0.0 0.0 0.5 0.1 0.0 2.1 17.3 0.0

1.6 0.0 0.0 0.2 0.1 0.0 2.0 16.0 0.0

1.7 0.0 0.0 0.2 0.1 0.0 2.0 19.4 0.0

1.5 0.0 0.0 0.5 0.0 0.0 2.0 19.7 0.0

1.7 0.0 0.1 0.4 0.0 0.0 2.2 17.3 0.0

1.7 0.0 0.1 0.5 0.0 0.0 2.3 17.3 0.0

1.8 0.0 0.1 0.6 0.0 0.1 2.4 17.8 0.0

1.9 0.0 0.1 0.5 0.0 0.1 2.5 18.9 0.0

1.9 0.0 0.1 0.4 0.0 0.1 2.3 20.3 0.0

1.8 0.0 0.1 0.3 0.1 0.0 2.3 17.2 0.0

1.7 0.0 0.0 0.4 0.1 0.0 2.1 14.7 0.0

Page 818: Economics of Photoelectricity - November 13 2012

Italy Italy Italy Italy Italy Japan Japan Japan Japan

Hydro Other Imports Exports Total Fuels Nuclear Hydro Other

2.7 0.9 3.7 0.3 30.2 79.3 18.7 5.3 0.6

2.8 0.9 3.8 0.4 28.9 83.0 16.1 4.2 0.6

3.1 0.9 4.9 0.2 30.3 75.7 16.5 5.4 0.6

3.1 0.9 4.9 0.2 27.4 65.9 15.1 7.5 0.5

4.4 0.9 4.0 0.2 27.9 60.9 17.9 9.0 0.5

5.3 0.8 3.0 0.3 28.5 59.0 18.0 9.5 0.4

5.4 0.9 3.8 0.2 32.0 75.6 21.5 8.8 0.4

4.3 0.9 2.8 0.2 27.0 68.5 23.4 7.3 0.5

3.9 0.8 3.1 0.3 29.2 64.2 19.1 6.8 0.5

3.0 0.8 3.1 0.3 29.0 59.5 18.9 5.2 0.4

3.9 0.8 3.8 0.2 27.4 61.2 18.9 4.0 0.0

3.8 0.8 4.1 0.4 27.2 62.5 21.1 4.7 0.0

4.1 0.8 4.0 0.2 27.8 63.4 22.7 4.6 0.6

4.0 0.8 4.2 0.1 26.2 54.2 19.5 5.9 0.5

4.1 0.9 4.8 0.1 27.1 58.0 18.8 7.8 0.5

4.3 0.8 4.8 0.1 25.8 51.5 17.8 7.5 0.5

6.0 0.9 3.9 0.1 26.0 43.4 20.6 8.7 0.4

5.9 0.8 3.9 0.2 26.6 48.0 19.7 7.7 0.5

5.6 0.9 4.4 0.2 30.8 53.1 23.7 10.6 0.5

4.0 0.9 2.9 0.1 25.8 53.8 23.6 9.6 0.5

3.6 0.9 3.7 0.2 27.5 49.6 21.4 5.6 0.5

3.2 0.9 3.8 0.2 28.0 46.4 22.2 5.2 0.4

3.5 0.9 3.9 0.2 27.3 47.8 22.8 5.2 0.4

3.4 0.9 4.3 0.3 27.3 51.8 26.5 5.3 0.4

3.2 0.9 3.7 0.2 27.3 56.3 25.0 5.3 0.6

2.8 0.8 4.1 0.1 25.7 51.4 22.5 5.7 0.6

3.1 0.9 4.6 0.2 27.6 51.6 24.1 9.7 0.7

3.3 0.9 4.1 0.2 24.9 44.6 22.9 9.9 0.6

4.9 1.4 3.7 0.1 25.9 41.7 21.9 9.2 0.7

5.1 1.2 3.9 0.1 26.5 47.0 22.6 8.9 0.6

4.5 1.1 4.6 0.1 31.2 57.0 24.7 10.3 0.6

3.5 1.1 2.9 0.1 24.5 65.3 24.8 8.5 0.7

3.1 1.2 3.5 0.1 26.5 57.8 22.8 6.4 0.6

2.9 1.3 3.9 0.2 27.3 46.3 25.5 5.5 0.6

3.8 1.5 4.0 0.1 27.1 48.6 24.4 4.9 0.6

3.4 1.5 4.3 0.2 27.0 56.6 24.0 5.6 0.7

3.6 1.1 4.1 0.2 28.6 69.0 22.6 4.7 0.8

2.9 1.4 4.2 0.1 26.8 57.2 21.8 3.9 0.7

3.3 1.7 4.2 0.2 28.6 59.3 19.9 4.9 0.8

3.7 1.6 3.8 0.2 26.0 49.6 16.9 5.6 0.7

4.0 1.8 4.1 0.1 25.7 49.6 16.9 5.6 2.4

4.2 1.8 3.5 0.1 26.8 50.6 14.0 8.6 2.0

6.2 1.8 3.5 0.2 27.4 57.5 12.2 8.9 1.5

5.8 1.8 4.2 0.1 31.0 68.2 11.6 8.3 1.7

3.9 2.5 3.1 0.1 29.0 66.4 6.8 8.0 1.1

3.2 2.5 4.8 0.1 27.7 64.3 6.3 5.4 1.4

3.7 1.9 4.7 0.2 27.4 65.9 6.7 4.5 1.5

3.0 2.7 4.4 0.2 27.6 79.3 5.2 4.8 2.4

2.5 2.6 4.4 0.2 28.1 92.4 2.2 4.9 1.5

2.1 2.6 3.3 0.4 28.0 90.7 1.2 5.5 1.5

2.4 3.4 4.7 0.1 27.6 84.5 0.9 8.2 1.7

3.0 3.4 3.9 0.2 24.8 73.5 0.4 8.9 1.7

Page 819: Economics of Photoelectricity - November 13 2012

Japan Japan Japan South Korea South Korea South Korea South Korea South Korea South Korea

Imports Exports Total Fuels Nuclear Hydro Other Imports Exports

0.0 0.0 103.8 28.2 12.7 0.3 0.1 0.0 0.0

0.0 0.0 103.9 24.6 13.1 0.3 0.1 0.0 0.0

0.0 0.0 98.2 24.0 13.1 0.3 0.1 0.0 0.0

0.0 0.0 89.0 22.3 11.5 0.3 0.1 0.0 0.0

0.0 0.0 88.3 22.6 11.5 0.4 0.0 0.0 0.0

0.0 0.0 87.0 22.4 11.4 0.4 0.0 0.0 0.0

0.0 0.0 106.3 26.8 11.7 0.6 0.0 0.0 0.0

0.0 0.0 99.8 27.4 13.0 0.6 0.0 0.0 0.0

0.0 0.0 90.7 22.2 11.1 0.7 0.1 0.0 0.0

0.0 0.0 84.1 24.2 11.6 0.4 0.1 0.0 0.0

0.0 0.0 84.1 23.5 11.4 0.3 0.1 0.0 0.0

0.0 0.0 88.3 26.3 11.7 0.2 0.1 0.0 0.0

0.0 0.0 91.2 26.5 12.3 0.3 0.1 0.0 0.0

0.0 0.0 80.1 24.2 10.8 0.3 0.1 0.0 0.0

0.0 0.0 85.1 25.9 11.8 0.3 0.1 0.0 0.0

0.0 0.0 77.3 24.1 10.4 0.3 0.1 0.0 0.0

0.0 0.0 73.2 20.6 12.3 0.5 0.1 0.0 0.0

0.0 0.0 75.9 21.9 11.8 0.6 0.1 0.0 0.0

0.0 0.0 87.8 23.4 12.5 1.0 0.1 0.0 0.0

0.0 0.0 87.4 20.6 13.7 1.0 0.1 0.0 0.0

0.0 0.0 77.1 24.6 10.8 0.5 0.1 0.0 0.0

0.0 0.0 74.1 23.0 11.6 0.3 0.1 0.0 0.0

0.0 0.0 76.3 26.8 11.0 0.2 0.1 0.0 0.0

0.0 0.0 84.0 29.7 11.7 0.2 0.1 0.0 0.0

0.0 0.0 87.3 31.3 12.7 0.4 0.1 0.0 0.0

0.0 0.0 80.2 26.5 10.9 0.4 0.1 0.0 0.0

0.0 0.0 86.1 29.9 10.8 0.4 0.1 0.0 0.0

0.0 0.0 78.0 26.9 10.1 0.5 0.1 0.0 0.0

0.0 0.0 73.6 22.6 12.0 0.5 0.2 0.0 0.0

0.0 0.0 79.1 23.8 11.9 0.5 0.2 0.0 0.0

0.0 0.0 92.7 26.5 12.7 0.5 0.2 0.0 0.0

0.0 0.0 99.3 25.1 13.2 0.7 0.2 0.0 0.0

0.0 0.0 87.6 25.0 10.3 0.8 0.2 0.0 0.0

0.0 0.0 77.9 24.8 12.0 0.6 0.2 0.0 0.0

0.0 0.0 78.4 27.2 11.9 0.4 0.2 0.0 0.0

0.0 0.0 87.0 32.3 12.2 0.5 0.2 0.0 0.0

0.0 0.0 97.1 34.4 11.9 0.5 0.2 0.0 0.0

0.0 0.0 83.6 26.6 10.8 0.5 0.2 0.0 0.0

0.0 0.0 84.9 29.5 11.8 0.4 0.2 0.0 0.0

0.0 0.0 72.8 25.7 11.5 0.3 0.2 0.0 0.0

0.0 0.0 74.4 25.2 11.5 0.3 0.3 0.0 0.0

0.0 0.0 75.1 23.7 12.2 0.5 0.3 0.0 0.0

0.0 0.0 80.0 25.4 11.0 0.7 0.3 0.0 0.0

0.0 0.0 89.8 26.4 12.6 1.3 0.3 0.0 0.0

0.0 0.0 82.2 25.3 10.8 0.6 0.3 0.0 0.0

0.0 0.0 77.5 25.8 11.5 0.4 0.3 0.0 0.0

0.0 0.0 78.7 26.8 11.2 0.3 0.3 0.0 0.0

0.0 0.0 91.7 31.9 11.6 0.4 0.3 0.0 0.0

0.0 0.0 101.0 33.8 12.5 0.4 0.3 0.0 0.0

0.0 0.0 98.9 32.4 10.8 0.8 0.3 0.0 0.0

0.0 0.0 95.3 33.0 10.3 0.4 0.3 0.0 0.0

0.0 0.0 84.4 27.3 10.9 0.7 0.3 0.0 0.0

Page 820: Economics of Photoelectricity - November 13 2012

South Korea Luxembourg Luxembourg Luxembourg Luxembourg Luxembourg Luxembourg Luxembourg Mexico

Total Fuels Nuclear Hydro Other Imports Exports Total Fuels

41.3 0.3 0.0 0.1 0.0 0.6 0.3 0.7 16.5

38.0 0.3 0.0 0.1 0.0 0.6 0.2 0.7 16.1

37.4 0.3 0.0 0.1 0.0 0.6 0.3 0.7 16.1

34.3 0.3 0.0 0.1 0.0 0.6 0.3 0.7 16.2

34.5 0.0 0.0 0.1 0.0 0.6 0.1 0.7 17.5

34.3 0.0 0.0 0.1 0.0 0.6 0.1 0.6 18.2

39.1 0.1 0.0 0.1 0.0 0.6 0.1 0.7 16.6

41.0 0.3 0.0 0.1 0.0 0.5 0.3 0.6 16.0

34.0 0.3 0.0 0.1 0.0 0.5 0.2 0.6 14.1

36.3 0.3 0.0 0.1 0.0 0.5 0.3 0.6 15.7

35.3 0.3 0.0 0.1 0.0 0.5 0.3 0.6 14.9

38.3 0.3 0.0 0.1 0.0 0.5 0.3 0.6 14.8

39.2 0.3 0.0 0.1 0.0 0.5 0.3 0.7 15.1

35.3 0.2 0.0 0.1 0.0 0.5 0.2 0.6 13.7

38.1 0.3 0.0 0.1 0.0 0.5 0.2 0.6 15.9

34.9 0.2 0.0 0.1 0.0 0.5 0.2 0.6 16.1

33.5 0.2 0.0 0.1 0.0 0.5 0.2 0.6 18.7

34.4 0.2 0.0 0.1 0.0 0.4 0.2 0.5 18.8

37.0 0.2 0.0 0.1 0.0 0.5 0.3 0.5 19.8

35.4 0.2 0.0 0.1 0.0 0.4 0.2 0.4 20.4

36.0 0.3 0.0 0.1 0.0 0.5 0.2 0.6 18.4

35.1 0.3 0.0 0.1 0.0 0.6 0.2 0.7 18.6

38.1 0.3 0.0 0.1 0.0 0.5 0.2 0.6 16.8

41.7 0.3 0.0 0.1 0.0 0.5 0.3 0.6 17.1

44.4 0.3 0.0 0.1 0.0 0.6 0.3 0.8 16.8

37.9 0.3 0.0 0.1 0.0 0.6 0.3 0.7 14.8

41.2 0.3 0.0 0.1 0.0 0.6 0.3 0.7 17.5

37.5 0.3 0.0 0.1 0.0 0.6 0.2 0.7 18.4

35.3 0.2 0.0 0.2 0.0 0.7 0.3 0.8 19.8

36.4 0.2 0.0 0.1 0.0 0.6 0.3 0.7 20.3

39.8 0.2 0.0 0.1 0.0 0.6 0.2 0.7 18.2

39.2 0.2 0.0 0.1 0.0 0.5 0.2 0.6 17.9

36.3 0.2 0.0 0.1 0.0 0.6 0.2 0.7 14.8

37.5 0.3 0.0 0.1 0.0 0.6 0.3 0.7 15.3

39.8 0.3 0.0 0.1 0.0 0.6 0.3 0.8 15.3

45.2 0.3 0.0 0.2 0.0 0.6 0.3 0.7 16.4

46.9 0.3 0.0 0.2 0.0 0.7 0.3 0.8 17.0

38.0 0.3 0.0 0.2 0.0 0.6 0.3 0.8 15.7

41.8 0.3 0.0 0.2 0.0 0.7 0.3 0.8 18.8

37.7 0.2 0.0 0.1 0.0 0.6 0.3 0.7 19.0

37.3 0.3 0.0 0.1 0.0 0.6 0.3 0.7 18.9

36.7 0.2 0.0 0.1 0.0 0.6 0.2 0.7 20.4

37.4 0.3 0.0 0.0 0.0 0.5 0.2 0.6 21.0

40.6 0.3 0.0 0.0 0.0 0.6 0.2 0.6 20.1

37.0 0.0 0.0 0.1 0.0 0.6 0.1 0.7 18.3

38.0 0.1 0.0 0.1 0.0 0.6 0.1 0.7 18.1

38.6 0.3 0.0 0.1 0.0 0.6 0.3 0.7 16.9

44.1 0.2 0.0 0.1 0.0 0.5 0.3 0.6 16.9

46.9 0.2 0.0 0.1 0.0 0.5 0.2 0.7 16.4

44.2 0.3 0.0 0.1 0.0 0.6 0.3 0.7 15.6

44.0 0.2 0.0 0.1 0.0 0.6 0.3 0.7 16.4

39.1 0.2 0.0 0.1 0.0 0.6 0.3 0.7 17.1

483.9

Page 821: Economics of Photoelectricity - November 13 2012

Mexico Mexico Mexico Mexico Mexico Mexico Netherlands Netherlands Netherlands

Nuclear Hydro Other Imports Exports Total Fuels Nuclear Hydro

1.0 1.5 0.6 0.0 0.2 19.5 8.5 0.3 0.0

0.9 1.6 0.6 0.0 0.2 18.9 7.9 0.3 0.0

1.0 2.4 0.6 0.0 0.2 20.0 8.6 0.3 0.0

0.9 3.4 0.6 0.0 0.1 21.0 7.9 0.1 0.0

0.9 3.4 0.6 0.0 0.1 22.4 7.0 0.3 0.0

0.8 2.9 0.6 0.0 0.1 22.5 6.7 0.3 0.0

0.9 4.0 0.6 0.1 0.1 22.1 6.8 0.3 0.0

0.8 5.0 0.6 0.1 0.1 22.4 6.6 0.3 0.0

0.5 5.5 0.6 0.1 0.1 20.7 7.5 0.3 0.0

0.4 4.0 0.6 0.0 0.1 20.6 8.9 0.3 0.0

0.4 2.8 0.5 0.0 0.1 18.6 8.7 0.3 0.0

0.8 2.2 0.6 0.0 0.2 18.2 8.6 0.3 0.0

0.9 2.0 0.6 0.0 0.2 18.5 8.9 0.3 0.0

0.9 2.4 0.5 0.0 0.1 17.3 8.0 0.3 0.0

0.9 2.6 0.6 0.0 0.1 20.0 8.5 0.3 0.0

0.5 2.7 0.6 0.1 0.1 19.8 7.6 0.1 0.0

0.5 2.3 0.6 0.1 0.1 22.1 7.3 0.4 0.0

1.0 2.2 0.5 0.0 0.1 22.5 7.3 0.3 0.0

1.0 2.6 0.6 0.0 0.0 23.9 8.0 0.4 0.0

1.0 2.1 0.6 0.0 0.1 24.1 7.7 0.3 0.0

1.0 2.1 0.5 0.0 0.1 21.9 8.0 0.3 0.0

1.0 2.0 0.5 0.0 0.2 21.9 8.9 0.4 0.0

0.9 1.4 0.5 0.0 0.1 19.5 8.9 0.3 0.0

1.0 1.3 0.6 0.0 0.2 19.8 9.5 0.4 0.0

1.0 1.3 0.6 0.0 0.1 19.6 10.0 0.3 0.0

0.9 1.6 0.5 0.0 0.1 17.6 8.6 0.3 0.0

0.7 2.0 0.5 0.0 0.2 20.6 9.1 0.4 0.0

0.5 1.8 0.5 0.0 0.2 21.1 8.2 0.1 0.0

0.5 2.5 0.6 0.0 0.1 23.3 7.6 0.3 0.0

0.5 2.4 0.5 0.1 0.0 23.8 7.2 0.3 0.0

0.4 3.9 0.6 0.1 0.1 23.0 6.8 0.3 0.0

0.3 5.2 0.6 0.0 0.1 23.9 6.8 0.3 0.0

0.4 5.8 0.5 0.0 0.1 21.5 7.9 0.2 0.0

0.2 4.7 0.5 0.0 0.1 20.6 10.1 0.4 0.0

0.2 3.1 0.5 0.0 0.2 19.0 9.7 0.3 0.0

0.2 2.0 0.6 0.0 0.2 19.1 10.0 0.3 0.0

0.5 2.5 0.6 0.0 0.1 20.4 9.2 0.4 0.0

0.7 2.4 0.5 0.0 0.1 19.2 8.7 0.3 0.0

0.8 2.5 0.6 0.0 0.1 22.6 9.2 0.4 0.0

0.7 2.6 0.5 0.0 0.1 22.8 7.9 0.1 0.0

0.7 2.6 0.5 0.0 0.1 22.7 7.9 0.1 0.0

0.8 2.8 0.6 0.0 0.1 24.6 7.7 0.4 0.0

0.7 2.7 0.6 0.1 0.1 25.0 6.9 0.3 0.0

1.0 3.1 0.6 0.1 0.1 24.7 6.9 0.4 0.0

1.0 4.3 0.5 0.1 0.1 24.1 7.3 0.4 0.0

0.8 3.5 0.6 0.1 0.1 22.9 8.8 0.4 0.0

0.7 2.9 0.5 0.0 0.1 20.9 9.6 0.4 0.0

1.0 2.5 0.5 0.0 0.1 20.9 9.5 0.4 0.0

0.7 2.4 0.6 0.1 0.1 20.1 9.1 0.4 0.0

0.8 2.3 0.6 0.1 0.2 19.1 9.2 0.3 0.0

1.1 2.5 0.6 0.2 0.1 20.7 8.4 0.4 0.0

1.1 2.6 0.6 0.2 0.1 21.5 7.4 0.1 0.0

Page 822: Economics of Photoelectricity - November 13 2012

Netherlands Netherlands Netherlands Netherlands New Zealand New Zealand New Zealand New Zealand New Zealand

Other Imports Exports Total Fuels Nuclear Hydro Other Imports

0.7 2.3 1.0 10.9 1.2 0.0 1.8 0.4 0.0

0.4 1.9 0.8 9.8 1.3 0.0 1.7 0.3 0.0

0.6 2.5 1.5 10.5 1.4 0.0 1.8 0.4 0.0

0.3 2.1 1.2 9.3 1.7 0.0 1.6 0.3 0.0

0.3 2.4 0.6 9.4 1.8 0.0 1.6 0.4 0.0

0.3 2.3 0.3 9.3 1.9 0.0 1.5 0.4 0.0

0.3 2.2 0.3 9.3 1.7 0.0 2.0 0.4 0.0

0.4 2.4 0.3 9.3 1.6 0.0 2.1 0.4 0.0

0.3 1.9 0.6 9.5 1.1 0.0 2.1 0.5 0.0

0.5 1.6 1.1 10.3 1.0 0.0 2.2 0.6 0.0

0.5 1.6 1.1 10.0 0.8 0.0 1.9 0.5 0.0

0.4 2.1 0.6 10.8 1.0 0.0 1.9 0.5 0.0

0.5 1.7 0.8 10.7 0.9 0.0 2.0 0.5 0.0

0.4 1.4 0.5 9.5 1.0 0.0 1.7 0.5 0.0

0.5 1.3 0.6 10.1 1.0 0.0 1.9 0.5 0.0

0.3 1.5 0.5 9.0 1.2 0.0 1.7 0.5 0.0

0.4 1.5 0.4 9.1 1.1 0.0 2.1 0.5 0.0

0.3 1.7 0.7 8.8 1.2 0.0 2.1 0.4 0.0

0.4 1.1 1.0 8.8 1.4 0.0 2.0 0.5 0.0

0.3 1.4 0.9 8.8 1.0 0.0 2.1 0.5 0.0

0.4 1.1 1.0 8.8 0.8 0.0 2.2 0.4 0.0

0.4 1.0 1.2 9.5 0.8 0.0 2.2 0.5 0.0

0.7 1.1 1.1 9.9 1.0 0.0 1.9 0.4 0.0

0.5 1.1 1.3 10.1 0.9 0.0 2.0 0.4 0.0

0.3 0.9 1.4 10.2 0.8 0.0 2.1 0.5 0.0

0.4 0.7 0.9 9.1 0.9 0.0 1.9 0.4 0.0

0.4 0.7 1.1 9.5 1.2 0.0 1.7 0.6 0.0

0.2 0.7 0.9 8.3 1.0 0.0 1.7 0.6 0.0

0.3 1.6 1.1 8.7 1.0 0.0 2.1 0.6 0.0

0.2 1.8 0.7 8.9 1.0 0.0 2.1 0.5 0.0

0.2 2.0 0.6 8.8 1.3 0.0 2.1 0.5 0.0

0.4 1.9 0.7 8.7 1.1 0.0 2.2 0.5 0.0

0.3 1.3 0.9 8.9 0.8 0.0 2.2 0.5 0.0

0.5 0.8 1.7 10.0 0.7 0.0 2.4 0.6 0.0

0.4 1.1 1.3 10.3 0.9 0.0 2.1 0.5 0.0

0.4 1.7 1.5 10.9 0.8 0.0 2.1 0.5 0.0

0.5 1.9 1.0 10.9 0.7 0.0 2.1 0.6 0.0

0.5 1.3 0.9 9.9 0.6 0.0 2.0 0.6 0.0

0.3 1.4 1.0 10.3 0.9 0.0 2.0 0.6 0.0

0.3 1.4 0.6 9.1 1.0 0.0 1.9 0.7 0.0

0.3 1.4 0.6 9.1 0.8 0.0 2.0 0.7 0.0

0.4 1.2 0.7 9.0 0.8 0.0 2.2 0.7 0.0

0.3 2.2 0.7 9.1 0.8 0.0 2.3 0.6 0.0

0.4 2.3 0.9 9.1 0.9 0.0 2.5 0.8 0.0

0.4 1.9 0.9 9.1 1.2 0.0 1.8 0.6 0.0

0.5 1.6 1.2 10.1 1.0 0.0 1.9 0.7 0.0

0.4 1.5 1.2 10.6 0.8 0.0 2.0 0.6 0.0

0.9 1.7 1.4 11.0 0.8 0.0 2.0 0.6 0.0

0.7 2.0 1.2 10.9 0.8 0.0 1.9 0.7 0.0

0.5 1.6 1.7 9.9 1.1 0.0 1.6 0.6 0.0

0.3 2.9 1.6 10.3 1.1 0.0 1.7 0.7 0.0

0.4 2.5 1.3 9.1 1.1 0.0 1.6 0.7 0.0

Page 823: Economics of Photoelectricity - November 13 2012

New Zealand New Zealand Norway Norway Norway Norway Norway Norway Norway

Exports Total Fuels Nuclear Hydro Other Imports Exports Total

0.0 3.4 0.1 0.0 13.4 0.1 0.5 1.0 13.1

0.0 3.3 0.1 0.0 14.1 0.1 0.2 1.5 13.0

0.0 3.5 0.1 0.0 13.4 0.1 0.2 1.4 12.5

0.0 3.6 0.1 0.0 11.1 0.1 0.4 0.9 10.8

0.0 3.8 0.1 0.0 10.4 0.0 0.4 1.3 9.6

0.0 3.8 0.1 0.0 10.6 0.1 0.1 1.9 9.0

0.0 4.1 0.1 0.0 10.2 0.1 0.1 2.0 8.4

0.0 4.2 0.1 0.0 9.9 0.0 0.1 1.7 8.4

0.0 3.6 0.1 0.0 10.0 0.1 0.2 1.4 9.0

0.0 3.7 0.1 0.0 11.6 0.1 0.3 1.5 10.6

0.0 3.2 0.1 0.0 12.6 0.1 0.4 1.4 11.9

0.0 3.4 0.1 0.0 14.0 0.1 0.3 1.6 13.0

0.0 3.3 0.0 0.0 13.6 0.2 0.5 1.2 13.2

0.0 3.1 0.1 0.0 11.9 0.1 0.7 0.6 12.2

0.0 3.4 0.3 0.0 11.6 0.1 0.6 0.9 11.7

0.0 3.4 0.3 0.0 8.9 0.1 0.7 0.8 9.2

0.0 3.6 0.3 0.0 8.3 0.1 0.6 0.9 8.4

0.0 3.7 0.2 0.0 7.4 0.1 0.6 0.9 7.5

0.0 3.9 0.3 0.0 7.4 0.1 0.4 1.0 7.2

0.0 3.6 0.3 0.0 8.9 0.1 0.2 1.7 7.7

0.0 3.4 0.3 0.0 9.7 0.2 0.1 1.9 8.4

0.0 3.5 0.3 0.0 11.8 0.1 0.2 1.9 10.6

0.0 3.3 0.3 0.0 11.6 0.1 0.5 1.6 11.0

0.0 3.3 0.4 0.0 13.4 0.1 0.7 1.3 13.3

0.0 3.3 0.4 0.0 14.0 0.1 1.0 0.8 14.7

0.0 3.2 0.4 0.0 11.9 0.1 0.9 0.4 12.9

0.0 3.5 0.5 0.0 10.4 0.1 1.5 0.1 12.3

0.0 3.4 0.5 0.0 7.9 0.1 1.7 0.1 10.0

0.0 3.7 0.5 0.0 6.9 0.0 2.1 0.3 9.3

0.0 3.6 0.5 0.0 6.4 0.1 1.8 0.3 8.4

0.0 3.9 0.6 0.0 7.3 0.1 0.8 1.0 7.8

0.0 3.8 0.4 0.0 7.4 0.1 0.9 0.6 8.1

0.0 3.5 0.3 0.0 8.5 0.1 0.7 0.9 8.7

0.0 3.6 0.3 0.0 10.9 0.1 0.7 1.4 10.7

0.0 3.5 0.5 0.0 11.6 0.1 1.2 0.6 12.8

0.0 3.4 0.7 0.0 13.4 0.1 1.3 0.5 15.0

0.0 3.4 0.6 0.0 10.5 0.2 2.4 0.1 13.6

0.0 3.2 0.6 0.0 9.8 0.1 2.0 0.1 12.5

0.0 3.6 0.7 0.0 9.3 0.2 2.3 0.1 12.4

0.0 3.6 0.6 0.0 7.7 0.1 1.6 0.4 9.6

0.0 3.4 0.6 0.0 7.7 0.1 1.6 0.4 9.6

0.0 3.6 0.4 0.0 8.0 0.1 0.8 0.4 9.0

0.0 3.7 0.3 0.0 8.9 0.1 0.3 1.3 8.3

0.0 4.2 0.3 0.0 10.2 0.1 0.1 2.4 8.2

0.0 3.7 0.3 0.0 10.0 0.1 0.4 1.8 8.9

0.0 3.6 0.3 0.0 11.7 0.2 0.2 1.9 10.4

0.0 3.4 0.3 0.0 12.6 0.1 0.2 2.2 11.1

0.0 3.4 0.3 0.0 12.6 0.2 0.9 1.3 12.6

0.0 3.4 0.3 0.0 15.0 0.2 0.3 2.2 13.5

0.0 3.3 0.3 0.0 13.9 0.2 0.3 2.0 12.7

0.0 3.5 0.3 0.0 12.4 0.2 0.3 1.6 11.6

0.0 3.4 0.3 0.0 11.7 0.1 0.3 1.9 10.5

Page 824: Economics of Photoelectricity - November 13 2012

Poland Poland Poland Poland Poland Poland Poland Portugal Portugal

Fuels Nuclear Hydro Other Imports Exports Total Fuels Nuclear

13.0 0.0 0.3 0.1 1.0 1.2 13.1 3.5 0.0

11.7 0.0 0.3 0.1 1.0 1.1 11.9 2.9 0.0

11.5 0.0 0.3 0.1 0.9 0.9 12.0 2.5 0.0

11.0 0.0 0.3 0.0 0.7 0.7 11.3 1.7 0.0

10.4 0.0 0.3 0.0 0.6 0.6 10.7 2.0 0.0

10.5 0.0 0.2 0.0 0.4 0.6 10.6 2.2 0.0

10.7 0.0 0.3 0.0 0.7 0.8 10.9 3.0 0.0

10.6 0.0 0.3 0.1 0.5 0.6 10.8 2.8 0.0

11.0 0.0 0.3 0.0 0.6 0.6 11.3 3.0 0.0

11.8 0.0 0.3 0.1 0.8 0.9 12.1 2.7 0.0

11.4 0.0 0.3 0.1 0.7 0.9 11.7 3.1 0.0

12.0 0.0 0.3 0.1 0.5 0.9 12.1 3.8 0.0

12.9 0.0 0.1 0.1 0.9 1.2 12.8 2.9 0.0

11.4 0.0 0.1 0.1 0.6 0.9 11.3 2.1 0.0

12.0 0.0 0.2 0.1 0.5 0.9 11.9 1.8 0.0

10.3 0.0 0.2 0.1 0.2 0.5 10.3 1.5 0.0

10.1 0.0 0.2 0.1 0.5 0.5 10.4 2.6 0.0

9.9 0.0 0.2 0.1 0.5 0.5 10.2 2.8 0.0

10.4 0.0 0.3 0.1 0.7 0.7 10.8 2.9 0.0

10.5 0.0 0.2 0.1 0.6 0.6 10.7 2.6 0.0

10.8 0.0 0.2 0.1 0.7 0.9 11.0 2.9 0.0

12.2 0.0 0.2 0.1 0.7 0.9 12.3 2.6 0.0

11.9 0.0 0.3 0.2 0.8 1.0 12.1 2.0 0.0

12.9 0.0 0.3 0.1 0.7 1.0 13.0 2.1 0.0

13.2 0.0 0.3 0.1 0.6 0.7 13.4 1.4 0.0

11.9 0.0 0.2 0.1 0.6 0.9 11.8 1.3 0.0

12.2 0.0 0.3 0.2 0.6 0.8 12.5 0.9 0.0

10.5 0.0 0.3 0.1 0.7 0.6 11.0 1.1 0.0

10.6 0.0 0.3 0.1 0.6 0.5 11.2 1.7 0.0

10.4 0.0 0.3 0.1 0.3 0.4 10.7 2.0 0.0

10.9 0.0 0.3 0.1 0.7 0.6 11.3 2.6 0.0

10.6 0.0 0.3 0.1 0.5 0.4 11.1 2.7 0.0

11.0 0.0 0.3 0.2 0.3 0.5 11.3 2.9 0.0

12.2 0.0 0.3 0.2 0.6 0.8 12.4 2.2 0.0

12.0 0.0 0.2 0.2 0.5 0.8 12.2 2.3 0.0

13.3 0.0 0.3 0.2 0.4 0.6 13.6 2.4 0.0

13.1 0.0 0.3 0.2 0.2 0.6 13.1 1.5 0.0

12.4 0.0 0.3 0.3 0.4 0.8 12.4 2.5 0.0

13.0 0.0 0.5 0.2 0.3 1.1 12.9 2.0 0.0

11.2 0.0 0.3 0.2 0.4 0.8 11.3 1.3 0.0

11.2 0.0 0.3 0.2 0.4 0.8 11.3 1.3 0.0

11.5 0.0 0.2 0.2 0.3 0.9 11.3 3.1 0.0

11.0 0.0 0.2 0.2 0.4 0.7 11.0 2.7 0.0

11.0 0.0 0.3 0.2 0.9 1.0 11.3 2.7 0.0

11.5 0.0 0.2 0.2 0.5 0.9 11.4 3.1 0.0

12.4 0.0 0.2 0.3 0.7 1.2 12.4 2.6 0.0

12.7 0.0 0.1 0.2 0.9 1.4 12.5 2.2 0.0

12.7 0.0 0.2 0.5 1.1 1.5 12.9 2.5 0.0

12.9 0.0 0.2 0.4 0.9 1.3 13.1 3.1 0.0

13.1 0.0 0.2 0.4 0.9 1.4 13.0 2.8 0.0

12.0 0.0 0.3 0.4 1.0 1.1 12.5 2.3 0.0

11.1 0.0 0.3 0.3 0.6 1.0 11.4 1.5 0.0

Page 825: Economics of Photoelectricity - November 13 2012

Portugal Portugal Portugal Portugal Portugal

Hydro Other Imports Exports Total Fuels Nuclear Hydro Other

0.6 0.4 0.9 0.2 5.2 0.8 1.5 0.3 0.0

0.4 0.4 0.9 0.1 4.6 0.7 1.4 0.3 0.0

0.3 0.5 1.1 0.0 4.4 0.6 1.5 0.5 0.0

0.9 0.5 1.0 0.1 3.9 0.7 1.0 0.5 0.0

0.9 0.5 0.9 0.1 4.2 0.6 1.4 0.4 0.0

0.9 0.5 0.9 0.1 4.4 0.6 1.1 0.3 0.0

0.6 0.5 0.8 0.1 4.9 0.5 1.2 0.4 0.0

0.4 0.6 0.7 0.1 4.3 0.5 1.2 0.3 0.0

0.5 0.6 0.8 0.1 4.7 0.6 1.1 0.3 0.0

0.4 0.6 0.8 0.1 4.5 0.7 1.2 0.2 0.0

0.4 0.6 0.8 0.1 4.9 0.7 1.5 0.2 0.0

0.3 0.6 0.8 0.1 5.5 0.7 1.4 0.3 0.0

1.0 0.7 0.8 0.2 5.1 0.7 1.2 0.3 0.0

1.5 0.7 0.5 0.3 4.4 0.6 1.1 0.3 0.0

1.2 0.7 0.5 0.3 3.8 0.5 1.2 0.5 0.0

1.2 0.7 0.5 0.3 3.5 0.5 1.0 0.6 0.0

0.5 0.7 0.7 0.2 4.4 0.6 0.9 0.4 0.0

0.4 0.7 0.8 0.2 4.5 0.5 1.1 0.4 0.0

0.4 0.8 0.8 0.2 4.7 0.5 1.0 0.4 0.0

0.3 0.8 0.8 0.2 4.3 0.4 1.0 0.3 0.0

0.5 0.8 0.5 0.2 4.5 0.5 0.9 0.2 0.0

0.5 0.8 0.6 0.2 4.4 0.6 1.1 0.3 0.0

0.7 0.9 0.7 0.2 4.0 0.5 1.2 0.3 0.0

1.0 0.9 0.7 0.2 4.5 0.6 1.2 0.4 0.0

2.6 0.8 0.4 0.6 4.6 0.7 1.3 0.3 0.0

1.9 0.9 0.4 0.4 4.1 0.6 1.2 0.3 0.0

2.3 0.9 0.4 0.4 4.2 0.6 1.3 0.4 0.0

1.4 0.9 0.4 0.1 3.6 0.5 1.2 0.3 0.0

1.6 0.7 0.4 0.3 4.1 0.5 1.0 0.5 0.0

1.0 0.6 0.5 0.1 4.0 0.4 1.2 0.6 0.0

0.8 0.6 0.7 0.1 4.6 0.4 0.9 0.4 0.0

0.5 0.6 0.7 0.1 4.4 0.4 1.2 0.5 0.0

0.5 0.4 0.6 0.1 4.4 0.5 0.9 0.5 0.0

0.6 0.8 0.7 0.1 4.2 0.7 1.0 0.4 0.0

1.0 0.9 0.5 0.2 4.4 0.6 1.1 0.4 0.0

1.7 1.2 0.2 0.6 4.9 0.7 1.2 0.4 0.0

2.3 1.0 0.5 0.5 4.8 0.7 1.3 0.5 0.0

1.4 0.8 0.3 0.5 4.6 0.7 1.2 0.4 0.0

1.5 0.9 0.5 0.5 4.5 0.7 1.3 0.3 0.0

1.2 0.7 0.7 0.2 3.8 0.7 1.2 0.3 0.0

1.2 0.7 0.7 0.2 3.8 0.7 1.2 0.3 0.0

1.0 0.5 0.4 0.4 4.5 0.8 1.1 0.2 0.0

0.6 0.7 0.6 0.2 4.3 0.5 1.2 0.3 0.0

0.5 0.9 0.7 0.2 4.6 0.5 1.1 0.5 0.0

0.6 0.5 0.7 0.2 4.6 0.4 1.2 0.2 0.0

0.6 0.8 0.6 0.3 4.4 0.6 1.1 0.3 0.0

0.9 1.0 0.5 0.3 4.3 0.7 1.2 0.2 0.0

0.8 0.9 0.7 0.3 4.6 0.7 1.3 0.2 0.0

0.5 0.7 1.0 0.2 5.1 0.6 1.2 0.4 0.0

0.4 0.9 1.0 0.3 4.8 0.7 1.1 0.3 0.0

0.5 0.8 1.0 0.2 4.4 0.6 1.2 0.5 0.0

0.4 1.1 0.9 0.1 3.8 0.5 1.0 0.4 0.0

Slovak Republic

Slovak Republic

Slovak Republic

Slovak Republic

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Slovenia Slovenia Slovenia Slovenia Slovenia Slovenia

Imports Exports Total Fuels Nuclear Hydro Other Imports Exports

1.2 1.2 2.5 0.0 0.0 0.0 0.0 0.0 0.0

1.0 1.1 2.3 0.0 0.0 0.0 0.0 0.0 0.0

0.7 0.9 2.4 0.0 0.0 0.0 0.0 0.0 0.0

0.7 0.6 2.2 0.0 0.0 0.0 0.0 0.0 0.0

0.4 0.7 2.1 0.0 0.0 0.0 0.0 0.0 0.0

0.5 0.4 2.0 0.0 0.0 0.0 0.0 0.0 0.0

0.6 0.6 2.1 0.0 0.0 0.0 0.0 0.0 0.0

0.5 0.6 2.0 0.0 0.0 0.0 0.0 0.0 0.0

0.8 0.6 2.1 0.0 0.0 0.0 0.0 0.0 0.0

1.1 0.9 2.3 0.0 0.0 0.0 0.0 0.0 0.0

0.6 0.7 2.3 0.0 0.0 0.0 0.0 0.0 0.0

0.5 0.6 2.3 0.0 0.0 0.0 0.0 0.0 0.0

0.9 0.7 2.4 0.0 0.0 0.0 0.0 0.0 0.0

0.7 0.5 2.2 0.0 0.0 0.0 0.0 0.0 0.0

0.8 0.8 2.2 0.0 0.0 0.0 0.0 0.0 0.0

0.3 0.6 1.8 0.0 0.0 0.0 0.0 0.0 0.0

0.4 0.5 1.9 0.0 0.0 0.0 0.0 0.0 0.0

0.4 0.6 1.8 0.0 0.0 0.0 0.0 0.0 0.0

0.9 0.8 2.0 0.0 0.0 0.0 0.0 0.0 0.0

0.7 0.5 2.0 0.0 0.0 0.0 0.0 0.0 0.0

1.0 0.7 2.0 0.0 0.0 0.0 0.0 0.0 0.0

1.0 0.7 2.2 0.0 0.0 0.0 0.0 0.0 0.0

0.8 0.6 2.2 0.0 0.0 0.0 0.0 0.0 0.0

0.9 0.8 2.3 0.0 0.0 0.0 0.0 0.0 0.0

0.6 0.4 2.4 0.0 0.0 0.0 0.0 0.0 0.0

0.7 0.5 2.2 0.0 0.0 0.0 0.0 0.0 0.0

0.7 0.6 2.3 0.0 0.0 0.0 0.0 0.0 0.0

0.6 0.7 2.1 0.0 0.0 0.0 0.0 0.0 0.0

0.4 0.4 2.0 0.0 0.0 0.0 0.0 0.0 0.0

0.3 0.5 2.0 0.0 0.0 0.0 0.0 0.0 0.0

1.1 0.8 2.1 0.0 0.0 0.0 0.0 0.0 0.0

0.5 0.6 2.0 0.0 0.0 0.0 0.0 0.0 0.0

0.6 0.5 2.0 0.0 0.0 0.0 0.0 0.0 0.0

0.9 0.7 2.2 0.0 0.0 0.0 0.0 0.0 0.0

0.5 0.4 2.3 0.0 0.0 0.0 0.0 0.0 0.0

0.3 0.3 2.4 0.0 0.0 0.0 0.0 0.0 0.0

0.4 0.5 2.4 0.5 0.5 0.4 0.0 0.9 1.1

0.7 0.7 2.3 0.5 0.5 0.2 0.0 0.9 0.9

0.8 0.7 2.4 0.5 0.4 0.3 0.0 1.1 1.1

0.7 0.7 2.1 0.5 0.5 0.3 0.0 0.8 1.0

0.7 0.7 2.1 0.5 0.5 0.3 0.0 0.8 1.0

0.7 0.7 2.1 0.4 0.5 0.3 0.0 0.9 1.0

0.6 0.5 2.0 0.3 0.5 0.5 0.0 0.9 1.0

1.1 1.1 2.1 0.3 0.5 0.3 0.0 0.9 1.0

1.1 0.9 2.0 0.5 0.5 0.3 0.0 0.7 0.8

1.4 1.1 2.4 0.4 0.5 0.3 0.0 0.9 1.0

1.6 1.2 2.5 0.5 0.5 0.3 0.0 0.9 1.0

1.8 1.4 2.6 0.5 0.5 0.2 0.0 0.9 0.9

1.5 1.3 2.3 0.5 0.5 0.2 0.0 0.4 0.4

1.4 1.2 2.3 0.5 0.5 0.1 0.0 0.4 0.4

1.1 1.2 2.2 0.5 0.5 0.2 0.0 0.5 0.5

1.1 1.2 1.9 0.4 0.2 0.3 0.0 0.5 0.4

Slovak Republic

Slovak Republic

Slovak Republic

Page 827: Economics of Photoelectricity - November 13 2012

Slovenia Spain Spain Spain Spain Spain Spain Spain Sweden

Total Fuels Nuclear Hydro Other Imports Exports Total Fuels

0.0 17.7 5.4 2.3 2.7 0.8 1.2 27.6 1.7

0.0 17.1 5.2 1.9 2.7 0.6 1.3 26.3 1.5

0.0 14.8 5.4 2.7 2.8 0.2 1.4 24.5 1.6

0.0 14.4 4.1 1.8 2.9 0.3 1.5 21.9 1.2

0.0 13.5 4.7 2.2 2.2 0.6 1.3 22.0 1.0

0.0 13.8 4.6 2.1 2.2 0.3 1.4 21.7 0.8

0.0 17.0 4.5 1.5 2.2 0.5 1.4 24.4 0.7

0.0 15.6 5.0 1.1 2.2 0.5 1.3 23.1 0.7

0.0 15.6 4.5 0.9 2.2 0.4 1.3 22.3 1.0

0.0 15.6 4.3 0.8 2.2 0.3 1.4 21.8 1.2

0.0 15.1 4.0 1.2 2.2 0.6 1.5 21.6 1.6

0.0 14.5 4.9 1.8 2.2 0.7 1.6 22.5 1.7

0.0 14.9 5.4 1.6 2.2 0.5 1.3 23.3 1.9

0.0 11.3 4.5 2.6 2.2 0.5 1.0 20.2 1.7

0.0 12.7 4.1 2.2 2.2 0.7 0.9 21.0 1.8

0.0 11.1 4.1 1.5 2.2 0.6 1.2 18.3 1.2

0.0 11.9 3.7 2.2 2.8 0.9 1.3 20.1 1.1

0.0 14.0 3.5 1.8 2.8 0.6 1.4 21.3 0.8

0.0 16.1 4.0 1.5 2.8 0.6 1.6 23.4 0.7

0.0 14.8 4.3 1.2 2.8 0.6 1.5 22.0 0.7

0.0 14.9 4.5 0.9 2.7 0.4 1.1 22.4 1.0

0.0 13.8 3.9 1.2 2.7 0.4 1.3 20.7 1.5

0.0 11.6 4.0 1.8 2.7 0.4 1.3 19.2 1.5

0.0 12.2 4.0 2.8 2.7 0.7 1.2 21.2 2.2

0.0 11.3 4.5 5.1 3.9 0.8 1.1 24.5 2.5

0.0 9.7 4.6 4.0 4.0 0.4 0.9 21.8 2.3

0.0 8.7 4.9 5.6 4.1 0.5 1.0 22.7 2.2

0.0 8.1 4.2 3.8 4.2 0.5 1.2 19.5 1.7

0.0 9.2 4.4 4.0 4.8 0.4 0.9 21.8 1.2

0.0 10.6 4.7 3.6 3.5 0.4 1.2 21.6 1.0

0.0 13.6 5.4 3.0 3.8 0.3 1.3 24.8 0.9

0.0 12.1 6.5 2.3 3.6 0.4 1.2 23.8 0.6

0.0 13.6 5.0 1.7 3.2 0.4 1.3 22.5 1.0

0.0 11.5 5.4 1.8 4.9 0.2 1.5 22.3 1.5

0.0 11.2 5.1 2.7 5.0 0.4 1.0 23.3 2.0

0.0 11.2 4.8 4.1 5.2 0.7 0.9 25.0 2.3

1.2 11.5 4.7 5.4 4.6 0.4 1.0 25.5 2.3

1.1 11.4 4.3 3.1 4.6 0.5 0.9 23.0 2.1

1.2 11.4 4.3 4.0 5.2 0.4 1.2 24.2 2.2

1.1 8.9 4.4 3.6 4.0 0.4 1.4 20.0 1.5

1.1 9.0 4.4 3.6 4.0 0.4 1.4 20.0 1.5

1.1 11.0 3.6 2.7 4.0 0.8 1.0 21.1 1.3

1.1 12.0 4.7 2.1 3.9 0.7 1.1 22.2 0.8

1.1 14.6 5.1 1.7 4.0 0.8 1.2 25.0 0.7

1.1 13.4 5.0 1.3 3.2 0.7 1.2 22.4 0.8

1.1 12.3 4.5 1.5 3.8 0.8 1.1 21.7 1.1

1.2 11.4 4.5 2.3 4.2 0.5 1.1 21.9 1.5

1.2 11.6 5.0 2.5 5.1 0.8 1.3 23.7 1.7

1.2 14.0 5.2 1.9 4.3 1.0 1.5 24.9 2.4

1.2 13.9 5.1 1.5 5.9 0.5 1.9 25.0 2.4

1.1 12.8 5.5 1.6 4.8 0.7 1.6 23.8 1.9

1.0 8.9 5.2 2.0 6.2 0.5 1.7 21.1 1.6

Page 828: Economics of Photoelectricity - November 13 2012

Sweden Sweden Sweden Sweden Sweden Sweden Switzerland Switzerland Switzerland

Nuclear Hydro Other Imports Exports Total Fuels Nuclear Hydro

6.7 7.0 0.3 0.9 1.8 14.8 0.3 2.4 2.4

5.9 6.8 0.2 0.9 1.8 13.5 0.3 2.3 2.2

6.6 6.7 0.2 1.0 2.0 14.0 0.3 2.4 2.3

6.5 5.8 0.1 0.4 1.9 12.1 0.3 2.3 2.3

5.1 6.5 0.1 0.4 2.0 10.9 0.2 2.3 3.6

3.7 5.4 0.1 1.2 1.2 9.9 0.3 1.5 4.5

4.8 4.1 0.1 1.2 1.5 9.4 0.3 2.3 4.4

4.4 4.1 0.1 1.3 0.5 10.1 0.3 1.3 4.0

5.0 4.5 0.1 1.1 0.9 10.7 0.3 2.3 4.3

4.7 5.2 0.2 1.2 0.6 12.0 0.3 2.4 2.6

4.1 5.7 0.2 2.0 0.4 13.1 0.3 2.3 2.7

4.2 6.3 0.1 2.0 0.3 14.0 0.3 2.4 2.5

6.3 6.3 0.2 1.1 1.1 14.6 0.3 2.4 2.7

5.8 6.0 0.1 0.8 1.0 13.5 0.3 2.2 2.2

5.2 5.8 0.2 1.0 0.5 13.4 0.3 2.4 2.4

4.6 4.5 0.1 1.0 0.9 10.6 0.3 2.3 2.9

4.4 5.0 0.2 0.7 1.2 10.0 0.2 2.4 3.9

4.1 4.2 0.2 0.9 0.8 9.4 0.2 1.7 4.4

3.8 4.2 0.2 0.9 1.1 8.5 0.3 2.3 4.7

2.8 5.4 0.2 1.3 1.0 9.4 0.2 1.2 4.5

2.5 5.5 0.3 1.2 0.6 9.9 0.3 2.1 2.9

3.4 5.9 0.3 1.5 0.4 12.2 0.3 2.4 2.4

3.3 5.7 0.3 1.8 0.2 12.4 0.3 2.3 2.0

3.8 6.8 0.2 1.9 0.3 14.6 0.3 2.4 2.3

4.7 7.3 0.3 1.8 0.3 16.2 0.3 2.4 2.8

3.9 6.3 0.2 1.8 0.3 14.2 0.3 2.2 2.4

5.1 4.9 0.3 2.1 0.6 13.9 0.3 2.4 2.3

5.5 3.8 0.2 1.3 1.3 11.2 0.3 2.3 2.1

5.5 5.5 0.2 0.4 2.5 10.3 0.3 2.2 3.4

4.9 5.3 0.2 0.3 2.4 9.4 0.3 1.6 4.3

4.3 4.9 0.2 0.5 2.0 8.8 0.3 2.1 4.2

4.5 5.2 0.2 0.4 1.5 9.4 0.3 1.2 4.0

3.2 4.7 0.3 1.2 0.5 10.0 0.3 1.5 3.2

2.8 5.7 0.5 1.8 0.4 11.9 0.3 2.4 2.8

4.5 6.1 0.5 1.2 0.8 13.5 0.3 2.4 2.7

5.1 6.1 0.4 2.1 0.3 15.6 0.3 2.4 3.2

6.6 5.9 0.5 1.6 1.3 15.4 0.3 2.4 2.6

5.8 5.9 0.5 1.2 1.1 14.4 0.3 2.2 2.2

6.5 4.4 0.6 1.6 1.2 14.0 0.3 2.4 2.0

5.0 4.8 0.4 1.0 1.5 11.2 0.3 2.3 2.1

5.0 4.8 0.4 0.9 1.5 11.2 0.3 2.3 2.1

4.9 4.5 0.4 0.7 1.0 10.8 0.3 2.4 2.8

3.8 5.5 0.3 1.0 1.6 9.8 0.2 1.6 3.4

5.1 4.4 0.3 1.3 2.4 9.3 0.3 2.1 3.7

3.3 7.7 0.6 0.5 2.2 10.7 0.3 1.8 3.5

3.5 7.6 0.7 0.8 1.4 12.1 0.3 2.4 2.8

3.9 6.5 0.5 1.2 1.3 12.3 0.3 2.4 2.5

5.5 7.3 0.9 0.7 2.1 14.0 0.3 2.4 2.5

5.3 7.2 0.6 1.6 2.2 14.9 0.3 2.4 2.8

4.8 7.1 0.7 1.3 1.6 14.7 0.3 2.3 2.8

5.5 6.9 0.7 0.6 2.6 13.0 0.3 2.3 2.2

5.4 6.4 0.5 0.8 2.9 11.9 0.3 2.2 2.4

Page 829: Economics of Photoelectricity - November 13 2012

Switzerland Switzerland Switzerland Switzerland Turkey Turkey Turkey Turkey Turkey

Other Imports Exports Total Fuels Nuclear Hydro Other Imports

0.0 3.1 2.4 5.8 13.3 0.0 3.8 0.0 0.1

0.0 3.1 2.5 5.4 13.1 0.0 2.8 0.1 0.1

0.0 2.6 2.5 5.1 12.7 0.0 3.1 0.1 0.0

0.0 2.4 2.5 4.9 11.6 0.0 3.5 0.1 0.1

0.0 3.0 3.7 5.4 12.4 0.0 3.1 0.0 0.1

0.0 2.8 3.7 5.3 12.9 0.0 2.9 0.1 0.0

0.0 2.7 4.1 5.5 14.0 0.0 3.5 0.1 0.1

0.0 2.7 4.1 4.1 14.3 0.0 3.3 0.1 0.0

0.0 2.8 4.1 5.6 13.3 0.0 2.0 0.1 0.1

0.0 3.2 3.0 5.4 12.7 0.0 1.4 0.1 0.1

0.0 3.0 2.7 5.5 12.8 0.0 1.9 0.1 0.1

0.0 3.0 2.7 5.4 13.0 0.0 1.9 0.1 0.1

0.0 3.4 2.8 6.0 13.6 0.0 2.4 0.1 0.1

0.0 3.1 2.4 5.3 12.3 0.0 1.9 0.1 0.1

0.0 3.1 2.6 5.5 12.5 0.0 2.7 0.1 0.1

0.0 3.0 2.6 5.9 10.9 0.0 3.3 0.1 0.1

0.0 2.3 3.3 5.5 10.9 0.0 3.7 0.1 0.1

0.0 2.4 3.4 5.3 12.0 0.0 3.2 0.2 0.1

0.0 2.5 4.0 5.7 13.3 0.0 3.5 0.2 0.1

0.0 2.5 4.0 4.4 13.5 0.0 3.3 0.3 0.1

0.0 2.6 2.8 5.0 11.9 0.0 2.7 0.2 0.1

0.0 3.1 2.9 5.2 12.4 0.0 2.7 0.2 0.0

0.0 3.1 2.5 5.2 11.8 0.0 3.0 0.2 0.1

0.0 3.1 2.5 5.6 13.4 0.0 3.2 0.3 0.1

0.0 3.6 3.1 6.0 12.3 0.0 4.2 0.3 0.1

0.0 3.5 3.0 5.4 10.6 0.0 4.3 0.3 0.1

0.0 3.8 3.3 5.6 10.9 0.0 5.3 0.3 0.1

0.0 3.8 3.3 5.3 10.0 0.0 5.5 0.3 0.1

0.0 3.8 2.7 6.9 10.9 0.0 5.0 0.2 0.1

0.0 3.0 2.5 6.7 12.1 0.0 4.3 0.2 0.0

0.0 2.1 2.7 6.0 13.8 0.0 4.6 0.3 0.1

0.0 1.9 2.8 4.6 14.7 0.0 4.7 0.3 0.1

0.0 2.0 3.5 3.5 12.9 0.0 3.2 0.3 0.2

0.0 2.1 2.5 5.1 12.9 0.0 3.2 0.3 0.4

0.0 2.7 2.5 5.5 11.9 0.0 3.4 0.3 0.4

0.0 3.1 3.0 6.0 14.3 0.0 3.5 0.4 0.4

0.0 3.6 2.7 6.3 15.3 0.0 3.1 0.3 0.2

0.0 3.6 2.7 5.7 13.6 0.0 3.1 0.4 0.2

0.0 3.6 2.5 5.9 13.7 0.0 4.4 0.4 0.2

0.0 2.8 2.5 5.0 11.2 0.0 5.5 0.4 0.2

0.0 2.7 2.4 5.0 11.3 0.0 5.5 0.4 0.2

0.0 2.1 2.4 5.2 10.8 0.0 5.9 0.3 0.2

0.0 2.2 2.4 5.0 11.6 0.0 5.5 0.4 0.2

0.0 2.1 3.0 5.1 14.8 0.0 5.1 0.4 0.3

0.0 1.8 2.4 5.0 14.1 0.0 3.6 0.6 0.3

0.0 2.9 3.1 5.3 14.0 0.0 3.6 0.5 0.3

0.0 3.1 2.5 5.7 13.8 0.0 4.1 0.6 0.2

0.0 3.3 2.5 6.1 16.2 0.0 3.7 0.5 0.3

0.0 3.7 3.0 6.2 15.5 0.0 4.5 0.5 0.4

0.0 3.7 2.7 6.3 13.1 0.0 5.6 0.4 0.4

0.0 3.6 2.8 5.7 13.5 0.0 5.9 0.5 0.4

0.0 2.8 2.6 5.2 9.6 0.0 7.5 0.5 0.3

Page 830: Economics of Photoelectricity - November 13 2012

Turkey Turkey U.K. U.K. U.K. U.K. U.K. U.K. U.K.

Exports Total Fuels Nuclear Hydro Other Imports Exports Total

0.0 17.2 29.7 4.6 1.0 0.6 1.0 0.1 36.8

0.0 15.9 27.6 4.5 0.9 0.6 0.9 0.1 34.4

0.2 15.7 28.5 4.1 0.9 0.6 0.8 0.1 34.8

0.1 15.0 27.5 3.2 0.7 0.7 1.0 0.1 32.9

0.1 15.6 22.4 3.9 0.5 0.5 1.4 0.0 28.8

0.1 15.8 22.1 3.9 0.5 0.5 1.3 0.0 28.2

0.1 17.5 23.0 3.6 0.5 0.5 1.4 0.0 28.9

0.1 17.6 22.4 3.9 0.6 0.5 1.3 0.0 28.6

0.1 15.3 23.4 3.5 0.7 0.5 1.1 0.0 29.2

0.1 14.2 26.7 3.9 0.8 0.5 0.8 0.2 32.5

0.1 14.7 27.5 3.9 0.9 0.5 0.8 0.2 33.3

0.1 15.0 26.7 3.9 0.8 0.5 0.8 0.2 32.5

0.1 16.1 33.2 4.1 0.9 0.5 0.5 0.4 38.8

0.1 14.3 27.8 5.2 0.7 0.5 0.4 0.2 34.5

0.1 15.3 27.4 6.1 0.9 0.6 0.5 0.2 35.3

0.1 14.3 22.7 5.9 0.6 0.6 0.9 0.1 30.6

0.1 14.7 21.9 4.9 0.7 0.7 1.3 0.1 29.4

0.1 15.3 20.9 5.7 0.5 0.7 0.8 0.1 28.5

0.1 17.0 22.1 5.7 0.5 0.7 0.8 0.1 29.6

0.2 16.9 21.4 5.5 0.6 0.7 0.6 0.2 28.6

0.2 14.7 22.8 4.9 0.8 0.7 0.2 0.4 29.0

0.1 15.2 25.0 4.5 0.8 0.7 0.1 0.7 30.3

0.1 14.9 25.2 5.1 0.9 0.7 0.3 0.6 31.5

0.2 16.8 27.7 5.2 0.7 0.7 0.3 0.6 34.1

0.2 16.7 32.3 5.8 0.7 0.8 0.1 0.9 38.8

0.2 15.1 28.7 5.0 0.5 0.8 0.2 0.8 34.4

0.1 16.4 28.4 5.8 0.6 0.8 0.3 0.7 35.2

0.1 15.7 24.3 4.7 0.7 0.8 0.4 0.3 30.5

0.2 15.9 21.5 4.1 0.4 0.5 0.7 0.2 26.9

0.2 16.4 19.7 3.9 0.4 0.4 1.0 0.0 25.4

0.2 18.6 19.8 4.0 0.5 0.9 1.0 0.0 26.2

0.2 19.5 19.2 4.1 0.5 0.8 1.3 0.0 25.8

0.2 16.4 21.3 3.8 0.6 1.0 0.6 0.1 27.2

0.3 16.4 23.0 5.3 0.7 1.3 0.3 0.6 30.0

0.3 15.6 25.5 4.5 0.8 1.3 0.6 0.4 32.3

0.3 18.3 28.8 5.7 0.5 0.8 0.7 0.3 36.2

0.2 18.8 27.2 6.0 0.6 1.1 0.7 0.3 35.5

0.2 17.1 23.1 5.5 0.8 1.3 0.5 0.3 30.9

0.1 18.5 24.4 6.2 0.6 0.9 0.5 0.2 32.5

0.1 17.2 18.6 5.9 0.7 1.0 0.8 0.1 26.9

0.1 17.3 18.8 5.9 0.6 1.0 0.8 0.1 27.1

0.2 17.1 19.1 5.9 0.6 1.7 0.4 0.3 27.5

0.2 17.4 18.9 5.6 0.6 0.9 0.9 0.1 26.7

0.3 20.3 19.1 5.1 0.5 0.6 1.1 0.1 26.4

0.3 18.3 20.3 4.2 0.8 1.5 0.6 0.2 27.2

0.3 18.1 22.1 4.1 0.9 1.7 0.5 0.2 28.9

0.3 18.3 24.0 4.2 0.8 1.6 0.4 0.6 30.5

0.3 20.3 23.2 5.0 1.1 2.1 1.3 0.1 32.6

0.5 20.5 23.2 5.5 1.1 2.1 1.5 0.1 33.3

0.3 19.2 24.5 5.6 0.8 1.8 0.5 1.0 32.2

0.4 19.9 23.2 4.5 0.7 1.3 1.2 0.1 30.9

0.2 17.7 19.5 5.6 0.4 1.4 1.1 0.1 28.1

Page 831: Economics of Photoelectricity - November 13 2012

United States United States United States United States United States United States United States IEA

Fuels Nuclear Hydro Other Imports Exports Total Total

266.1 70.9 23.9 5.2 5.0 1.7 369.4 988.8

237.2 64.7 19.3 4.7 4.6 1.5 329.1 918.1

236.9 64.5 21.8 5.7 4.8 2.6 331.1 917.3

226.9 57.5 21.4 5.9 5.2 2.5 314.4 858.2

227.5 64.9 30.6 6.1 5.3 3.0 331.5 858.7

267.3 70.4 33.7 6.1 6.1 3.4 380.3 900.8

306.7 73.9 26.8 5.2 6.0 1.7 416.9 979.2

338.5 73.9 24.2 6.2 5.8 1.5 447.2 990.2

249.4 67.0 19.2 4.0 4.9 1.8 342.7 869.0

234.0 62.8 18.7 5.8 3.6 2.0 322.9 865.0

225.1 63.4 19.2 6.0 3.3 2.1 315.0 860.7

247.8 70.2 22.3 6.3 3.5 1.4 348.7 919.9

250.1 73.5 26.2 7.1 4.3 2.2 359.0 961.4

212.4 64.2 19.9 6.6 3.9 1.5 305.5 842.5

213.8 66.9 23.8 8.4 3.0 1.7 314.2 867.9

196.7 59.1 27.7 8.6 3.3 1.5 293.9 787.5

211.6 65.1 31.3 7.1 4.1 1.4 317.9 801.7

244.2 69.3 31.5 6.2 4.8 1.6 354.4 841.4

271.7 72.9 25.8 5.9 5.5 1.4 380.3 900.4

265.0 71.2 21.4 5.0 5.9 1.4 367.0 872.8

238.4 65.7 19.9 5.7 4.5 1.4 332.7 831.5

222.2 57.5 21.8 7.5 4.7 1.4 312.3 833.0

199.3 57.0 21.9 7.3 3.8 1.3 288.0 811.2

246.1 70.2 26.9 9.0 4.6 1.4 355.4 928.2

258.4 72.3 24.4 8.3 5.3 1.2 367.6 974.3

227.1 65.0 22.6 6.8 4.4 1.0 325.0 872.1

217.2 64.4 22.6 10.3 4.4 1.3 317.5 885.8

205.7 57.4 21.3 9.7 3.9 1.3 296.7 802.9

228.5 66.9 27.2 10.1 3.1 1.8 333.9 832.8

271.3 68.6 32.2 9.4 4.1 1.6 384.0 884.7

308.6 72.2 26.8 8.1 4.3 1.5 418.5 954.9

272.2 68.6 32.0 8.4 3.6 1.8 383.0 912.0

252.2 69.6 19.0 8.7 2.9 2.4 350.0 857.1

219.4 63.0 18.9 9.4 2.2 2.4 310.6 837.4

213.7 62.9 21.0 11.5 1.9 2.5 308.5 853.0

254.7 74.0 25.1 11.9 1.3 3.8 363.2 967.2

256.4 72.8 27.7 10.3 4.3 1.6 369.9 999.7

212.8 64.9 26.0 11.5 3.8 1.5 317.4 879.8

210.1 65.7 33.1 11.9 4.0 1.5 323.2 909.6

201.7 54.6 32.8 12.6 3.8 1.6 304.0 814.4

203.6 54.6 32.9 14.0 3.8 1.6 307.2 816.7

222.1 57.1 34.7 13.4 4.9 1.3 330.9 842.9

259.4 65.3 34.5 12.3 4.5 1.3 374.8 886.3

306.3 72.4 33.7 9.5 6.0 1.3 426.8 977.9

241.9 66.9 23.5 8.6 4.1 1.0 343.9 865.3

214.7 63.4 21.6 11.9 3.7 0.9 314.4 849.9

205.3 64.5 22.7 13.9 3.5 1.1 308.9 861.4

228.6 71.9 26.1 12.1 4.3 0.9 342.1 941.1

228.5 72.4 25.2 15.4 4.1 0.9 344.6 975.0

212.1 63.9 21.9 12.6 3.6 0.9 313.3 923.9

205.2 61.7 27.7 15.4 4.2 1.2 313.1 901.1

197.6 55.9 28.1 14.6 5.0 1.3 300.0 833.1

Page 832: Economics of Photoelectricity - November 13 2012

4020.0

Page 833: Economics of Photoelectricity - November 13 2012

Hydropower Hydropower

TWh/year Source GW Source CF

1990 31.6 S1753 36.1

1991 42.2 S1753

1992 42.2 S1753

1993 41.4 S1753

1994 44.7 S1753

1995 37.8 S1753 52.2

1996 42.0 S1753

1997 41.7 S1753

1998 41.2 S1753

1999 45.4 S1753

2000 44.2 S1753

2001 46.8 S1753

2002 39.5 S1753

2003 36.7 S1753 22.2

2004 42.3 S1753

2005 36.1 S1753

2006 37.0 S1753

2007 32.8 S1753

2008 41.6 S1753

2009 49.2 S1753

2010 51.1 S1737 20.0 S2741

2011 46.4 S2175

Page 834: Economics of Photoelectricity - November 13 2012

Wind Wind Biomass

TWh/year Source GW Source TWh/year Source

0.0 S2536

0.0 S2536

0.0 S2536

0.0 S2536

0.0 S2536

0.0 S2536

0.0 S2536

0.1 S2536

0.2 S2536

0.4 S2536

0.6 S1923 427 S718 1.5 S1923

1.2 S1923 690 S718 2.0 S1923

1.4 S1923 797 S718 2.7 S1923

1.5 S1923 913 S718 3.6 S1923

1.8 S1923 1255 S718 4.5 S1923

2.3 S1923 1718 S672, S715 4.7 S1923

3.0 S1923 2123 S715 5.1 S1923

4.0 S1923 2726 S715 5.3 S1923

4.9 S1923 3736 S715 6.0 S1923

6.5 S1923 4850 S946 7.6 S1923

9.1 S1923 5797 S2591 9.4 S1923

10.1 S2175 6737 S2591 11.3 S2175

Page 835: Economics of Photoelectricity - November 13 2012

Photel Photel Geothermal

TWh/year Source GW Source TWh/year Source

0.0 S232

0.0 S232

0.0 S232

0.0 S232

0.0 S232

0.0 S232

0.0 S232

0.0 S232

0.018 S1923 0.0 S232 4.7 S1923

0.019 S1923 0.0 S232 4.5 S1923

0.021 S1923 0.0 S232 4.7 S1923

0.024 S1923 0.0 S232 5.3 S1923

0.029 S1923 0.0 S232 5.4 S1923

0.031 S1923 0.0 S232 5.3 S1923

0.035 S1923 0.0 S2752 5.5 S1923

0.039 S1923 0.1 S2752 5.6 S1923

0.193 S1923 0.5 S2752 5.5 S1923

0.676 S1923 1.2 S2752 5.3 S1923

1.906 S1923 3.5 S2752 5.4 S1923

10.7 S2175 12.9 S2752 5.7 S2175

Page 836: Economics of Photoelectricity - November 13 2012

Coal Coal Coal Oil

TWh/year Source GW Source CF TWh/year

32.0 S1921 102.7

28.5 S1921 104.3

21.3 S1921 116.0

16.7 S1921 113.9

19.9 S1921 116.3

24.1 S1921 120.8

22.1 S1921 117.1

20.5 S1921 113.3

23.3 S1921 107.3

23.8 S1921 91.4

26.3 S1921 85.9

31.7 S1921 75.0

35.4 S1921 87.8

38.8 S1921 76.0

45.5 S1921 5.7 EuraCoal 58.9

43.6 S1921 47.1

44.2 S1921 45.9

44.1 S1921 35.4

48.6 S1929 31.5

43.4 S1929 25.9

41.6 S1929 21.5

Page 837: Economics of Photoelectricity - November 13 2012

Gas Gas Nuclear

Source GW Source TWh/year Source TWh/year

S1921 42.2 S1921 0.0

S1921 38.9 S1921 0.0

S1921 38.7 S1921 0.0

S1921 43.0 S1921 0.0

S1921 43.4 S1921 0.0

S1921 50.4 S1921 0.0

S1921 53.4 S1921 0.0

S1921 65.5 S1921 0.0

S1921 75.4 S1921 0.0

S1921 91.4 S1921 0.0

S1921 105.6 S1921 0.0

S1921 101.0 S1921 0.0

S1921 104.4 S1921 0.0

S1921 122.6 S1921 0.0

S1921 135.1 S1921 0.0

S1921 155.1 S1921 0.0

S1921 164.3 S1921 0.0

S1921 178.3 S1921 0.0

S1928 173.0 S1577 0.0

S1928 147.0 S1737 0.0

S1928 153.0 S1737 0.0

Page 838: Economics of Photoelectricity - November 13 2012

Other Imports Renewable Total

Source TWh/year Source TWh/year Source TWh/year

S1921 4.9 S1921 35.0S1921 4.7 S1921 45.7S1921 4.3 S1921 45.9S1921 3.8 S1921 45.4S1921 3.8 S1921 48.4S1921 4.5 S1921 41.6S1921 5.4 S1921 46.5S1921 5.6 S1921 46.5S1921 6.8 S1921 46.9S1921 7.0 S1921 52.0S1921 7.6 S1921 51.0

S1921 16.2 S1921 54.5

S1921 8.8 S1921 48.3

S1921 9.5 S1921 47.1

S1921 8.8 S1921 54.1

S1921 8.1 S1921 48.4

S1921 7.6 S1921 50.6

S1921 6.9 S1921 48.6 S1925 47.7

S1927 7.0 Guess 43.0 S1927 58.2

S1926 7.0 Guess 46.6 S1926 69.4

S1924 7.0 Guess 45.8 S1924 77.0

45.7 S2133 84.2

Page 839: Economics of Photoelectricity - November 13 2012

Fossil Total Total

Source TWh/year Source TWh/year Source TWh/year

S1921 176.9 Formula 216.9 Formula 216.9

S1921 171.7 Formula 222.0 Formula 222.0

S1921 176.0 Formula 226.2 Formula 226.2

S1921 173.6 Formula 222.8 Formula 222.8

S1921 179.6 Formula 231.8 Formula 231.8

S1921 195.4 Formula 241.5 Formula 241.5

S1921 192.6 Formula 244.4 Formula 244.5

S1921 199.4 Formula 251.4 Formula 251.5

S1921 206.0 Formula 259.8 Formula 259.8

S1921 206.6 Formula 265.6 Formula 265.7

Formula 217.8 Formula 276.4 Formula 276.6

Formula 207.7 Formula 278.4 Formula 279.0

Formula 227.6 Formula 284.7 Formula 284.4

Formula 237.4 Formula 294.0 Formula 293.9

Formula 239.5 Formula 302.5 Formula 303.3

Formula 245.8 Formula 302.4 Formula 303.7

Formula 254.4 Formula 312.7 Formula 314.1

Formula 257.8 Formula 312.4 Formula 313.9

Formula 253.0 Formula 318.2 Formula 319.1

Formula 216.4 Formula 292.7 Formula 292.6

Formula 216.1 Formula 300.1 Formula 298.2

Formula 217.4 S2189 301.6 Formula

Total (Cross-Check)

Page 840: Economics of Photoelectricity - November 13 2012

Source kWh/year Source

S1753

S1753

S1753

S1753

S1753

S1753

S1753

S1753

S1753

S1753

S1753

S1753

S1753

S1753

S1753

S1753

S1753

S1753

S1753

S1753

S1753

2727.0 N167

Average Household

Page 841: Economics of Photoelectricity - November 13 2012

Wind Photel Geothermal Hydro Thermal Imports Exports Source

Jan-08 0.5 N/A 0.5 2.8 24.1 3.9 0.3 S2716

Feb-08 0.4 N/A 0.5 2.5 23.2 3.8 0.4 S2716

Mar-08 0.6 N/A 0.5 2.7 22.9 3.9 0.5 S2716

Apr-08 0.6 N/A 0.5 3.1 20.9 3.8 0.2 S2716

May-08 0.4 N/A 0.5 4.9 19.7 4.1 0.2 S2716

Jun-08 0.3 N/A 0.5 6.1 20.7 3.1 0.3 S2716

Jul-08 0.3 N/A 0.5 5.7 23.2 3.9 0.2 S2716

Aug-08 0.3 N/A 0.5 4.3 20.0 2.9 0.2 S2716

Sep-08 0.3 N/A 0.4 4.1 22.9 3.1 0.3 S2716

Oct-08 0.3 N/A 0.4 3.0 23.5 3.1 0.2 S2716

Nov-08 0.4 N/A 0.4 4.2 20.3 3.9 0.2 S2716

Dec-08 0.6 N/A 0.4 3.9 20.0 4.1 0.4 S2716

Jan-09 0.5 N/A 0.4 4.0 20.1 4.0 0.2 S2716

Feb-09 0.6 N/A 0.4 3.8 17.9 4.2 0.1 S2716

Mar-09 0.7 N/A 0.5 3.9 18.2 4.8 0.1 S2716

Apr-09 0.4 N/A 0.5 5.2 15.5 4.1 0.2 S2716

May-09 0.3 N/A 0.5 6.3 16.3 3.9 0.1 S2716

Jun-09 0.4 N/A 0.4 6.0 16.9 3.9 0.2 S2716

Jul-09 0.3 N/A 0.5 5.7 20.2 4.4 0.2 S2716

Aug-09 0.3 N/A 0.5 4.2 18.7 2.9 0.1 S2716

Sep-09 0.4 N/A 0.4 3.5 20.3 3.7 0.2 S2716

Oct-09 0.6 N/A 0.5 3.1 21.3 3.3 0.3 S2716

Nov-09 0.5 N/A 0.4 2.7 20.7 3.8 0.2 S2716

Dec-09 1.0 N/A 0.5 3.3 19.9 3.6 0.2 S2716

Jan-10 0.9 0.0 0.4 4.1 19.9 3.7 0.2 S2717

Feb-10 0.9 0.1 0.4 3.5 18.4 4.0 0.1 S2717

Mar-10 0.8 0.1 0.4 4.0 19.1 4.6 0.2 S2717

Apr-10 0.5 0.2 0.4 4.3 16.8 4.1 0.2 S2717

May-10 0.8 0.2 0.4 6.0 16.0 3.7 0.1 S2717

Jun-10 0.6 0.2 0.4 6.1 16.5 3.9 0.1 S2717

Jul-10 0.4 0.2 0.4 5.2 21.0 4.6 0.1 S2717

Aug-10 0.5 0.2 0.4 4.2 17.0 2.9 0.1 S2717

Sep-10 0.7 0.2 0.4 3.7 19.0 3.5 0.1 S2717

Oct-10 0.7 0.2 0.4 3.7 19.3 3.9 0.2 S2717

Nov-10 1.0 0.1 0.4 4.5 18.0 4.0 0.1 S2717

Dec-10 1.1 0.1 0.5 4.5 20.2 3.1 0.3 S2717

Jan-11 0.6 0.2 0.5 3.9 19.9 4.1 0.2 S2189

Feb-11 0.8 0.2 0.4 3.1 18.7 4.2 0.1 S2189

Mar-11 1.0 0.4 0.5 3.5 19.7 4.2 0.2 S2189

Apr-11 0.8 0.6 0.4 4.2 16.4 4.1 0.1 S2189

May-11 0.8 0.6 0.5 4.2 17.8 3.5 0.1 S2189

Jun-11 0.7 0.7 0.4 6.1 16.4 3.5 0.2 S2189

Jul-11 0.7 1.4 0.4 4.8 19.3 4.0 0.1 S2189

Aug-11 0.5 1.4 0.4 4.1 17.1 2.7 0.1 S2189

Sep-11 0.6 1.4 0.4 3.9 19.7 3.1 0.1 S2189

Oct-11 0.9 1.1 0.4 3.2 17.3 4.8 0.1 S2189

Nov-11 0.7 0.7 0.4 3.7 17.3 4.7 0.2 S2189

Dec-11 1.5 0.6 0.5 3.0 17.8 4.4 0.2 S2189

Jan-12 1.3 0.8 0.5 2.4 19.2 4.4 0.2 S2715

Feb-12 1.2 1.0 0.4 2.1 20.6 3.3 0.4 S2715

Mar-12 1.2 1.8 0.4 2.3 17.6 4.7 0.1 S2715

Apr-12 1.3 1.6 0.4 3.0 15.0 3.8 0.2 S2715

May-12 1.0 2.1 0.4 4.9 14.7 3.5 0.2 S2715

Jun-12 0.7 2.0 0.4 5.1 16.1 3.5 0.2 S2715

Jul-12 0.9 2.2 0.4 4.7 19.4 3.4 0.2 S2715

Aug-12 0.7 2.2 0.4 3.8 17.9 2.2 0.3 S2715

Sep-12

Oct-12

Nov-12

Dec-12

Jan-13

Feb-13

Mar-13

Page 842: Economics of Photoelectricity - November 13 2012

Total Source Total* Source

29.6 S794 32.1 Formula

28.3 S794 30.7 Formula

28.3 S794 31.1 Formula

26.9 S794 29.1 Formula

27.2 S794 29.7 Formula

28.0 S794 30.8 Formula

31.5 S794 33.8 Formula

26.4 S794 28.1 Formula

28.7 S794 31.2 Formula

28.3 S794 30.6 Formula

26.8 S794 29.4 Formula

26.6 S794 29.4 Formula

27.3 S794 29.3 Formula 21.8 3.6 0.3

25.9 S794 27.0 Formula 21.4 3.6 0.3

26.6 S794 28.2 Formula 21.0 3.7 0.3

23.8 S794 25.9 Formula 20.6 3.7 0.2

25.4 S794 27.4 Formula 20.2 3.8 0.2

26.3 S794 27.9 Formula 19.9 3.7 0.2

30.4 S794 31.1 Formula 19.6 3.8 0.2

25.2 S794 26.7 Formula 19.3 3.9 0.2

26.9 S794 28.5 Formula 19.2 3.9 0.2

26.9 S794 29.0 Formula 19.0 3.9 0.2

26.5 S794 28.4 Formula 18.8 3.9 0.2

26.6 S794 28.4 Formula 18.8 3.9 0.2

28.0 S794 29.1 Formula 18.8 3.9 0.2

26.3 S794 27.4 Formula 18.8 3.8 0.2

28.2 S794 29.1 Formula 18.8 3.8 0.2

25.0 S794 26.2 Formula 18.9 3.8 0.2

26.1 S794 27.0 Formula 19.0 3.8 0.2

26.8 S794 27.7 Formula 19.0 3.8 0.2

31.6 S794 31.7 Formula 19.0 3.8 0.2

24.7 S794 25.1 Formula 19.0 3.8 0.2

26.7 S794 27.4 Formula 18.9 3.8 0.2

27.5 S794 28.2 Formula 18.8 3.8 0.2

27.3 S794 28.1 Formula 18.6 3.9 0.2

28.1 S794 29.6 Formula 18.4 3.9 0.1

28.3 S794 29.1 Formula 18.4 3.8 0.2

26.6 S794 27.4 Formula 18.4 3.9 0.1

28.4 S794 29.0 Formula 18.5 3.9 0.1

25.2 S794 26.0 Formula 18.5 3.9 0.2

26.6 S794 26.8 Formula 18.5 3.9 0.1

27.2 S794 27.3 Formula 18.6 3.8 0.1

27.4 S859 29.3 Formula 18.6 3.8 0.1

31.0 S859 25.1 Formula 18.5 3.8 0.1

29.0 S859 27.9 Formula 18.5 3.7 0.1

27.7 S859 26.7 Formula 18.5 3.7 0.2

27.4 S859 26.9 Formula 18.4 3.8 0.1

27.6 S859 27.4 Formula 18.3 3.8 0.1

28.1 S859 27.9 Formula 18.1 3.9 0.1

28.0 S859 27.9 Formula 18.1 4.0 0.1

27.6 S859 26.4 Formula 18.2 3.9 0.2

24.8 S859 23.7 Formula 18.0 3.9 0.2

24.7 Formula 17.9 3.9 0.2

26.1 Formula 17.7 3.9 0.2

29.1 Formula 17.6 3.9 0.2

25.3 Formula 17.6 3.9 0.2

Thermal 12 Month Trailing Average

Imports 12 Month Trailing Average

Exports 12 Month Trailing Average

Page 843: Economics of Photoelectricity - November 13 2012

28.1

27.9

27.7

27.5

27.3

27.1

27.0

26.9

26.8

26.6

26.5

26.5

26.5

26.5

26.6

26.7

26.8

26.9

26.9

27.0

27.0

26.9

27.0

27.1

27.2

27.2

27.2

27.2

27.3

27.3

27.3

27.0

27.5

27.7

27.7

27.7

27.7

27.7

27.8

27.7

27.7

25.5

23.2

20.9

Total Trailing Average

Page 844: Economics of Photoelectricity - November 13 2012

Hydropower Hydropower Wind

GW Source TWh/year Source TWh/year

1990 88.4 S1995

1991 96.5 S1995

1992 81.7 S1995

1993 94.6 S1995

1994 66.6 S1995

1995 81.3 S1995

1996 79.7 S1995

1997 88.9 S1995

1998 91.6 S1995

1999 85.6 S1995

2000 86.4 S1995

2001 83.3 S1995

2002 81.6 S1995 0.3

2003 93.7 S1995 0.8

2004 93.1 S1995 0.8

2005 75.7 S1995 1.4

2006 90.1 S2536 1.9

2007 77.5 S2536 2.2

2008 77.5 S2536 2.9

2009 72.5 S2536 3.1

2010 28 S2741 90.9 S2536 3.9

2011 84.8 S2536

Page 845: Economics of Photoelectricity - November 13 2012

Biomass & Waste Photel Geothermal

Source TWh/year Source TWh/year Source TWh/year

1.75

1.8

1.8

1.7

2.1

3.1

0.1 S2536 3.7

0.1 S2536 3.8

0.1 S2536 3.5

0.2 S2536 3.5

0.3 S2536 3.4

16.7 S2016 0.4 S2536 3.5

S2001 0.6 S2536 3.5

S2002 0.8 S2536 3.5

S2003 1.0 S2536 3.4

S2004 1.3 S2536 3.3

S2005 1.6 S2536 3.1

S2006 1.9 S2536 3.1

S2007 2.1 S2536 2.8

S2008 16.3 S2013 2.3 S2012 2.8

S2009 21.4 S2017 2.8 S2017 2.9

4.5 S2536

Page 846: Economics of Photoelectricity - November 13 2012

Coal Coal Coal

Source TWh/year Source GW Source CF

S2010 117 S1996

S2010 125 S1996

S2010 132 S1996

S2010 141 S1996

S2010 155 S1996

S2010 169 S1996

S2010 178 S1996

S2010 191 S1996

S2010 192 S1996

S2010 212 S1996

S2010 232 S1996

S2010 248 S1996

S2010 266 S1996

S2014 282 S1996

S2010 291 S1996

S2010 304 S1996

S2010 295 S1996

S2012 304 S1996

S2010 289 S1996

S2010 279 S1996

S2017 289 S1996 41.03 S2744

Page 847: Economics of Photoelectricity - November 13 2012

Oil Gas Nuclear

TWh/year Source TWh/year Source TWh/year Source

154.7 S2000 167.1 S1998 192.2 S1996

149.9 S2000 179.5 S1998 202.8 S1996

154.1 S2000 178.5 S1998 212.1 S1996

134.4 S2000 178.0 S1998 236.8 S1996

148.4 S2000 191.7 S1998 255.7 S1996

134.5 S2000 195.6 S1998 276.7 S1996

124.7 S2000 207.6 S1998 287.1 S1996

117.1 S2000 217.1 S1998 306.2 S1996

109.1 S2000 225.0 S1998 315.7 S1996

110.7 S2000 243.3 S1998 300.8 S1996

104.0 S2000 251.3 S1998 305.9 S1996

86.6 S2000 250.9 S1998 303.9 S1996

100.5 S2000 254.3 S1998 280.3 S1996

108.2 S2000 263.7 S1998 228.0 S1996

97.9 S2000 252.6 S1998 268.3 S1996

103.4 S2000 239.0 S1998 289.5 S1996

89.6 S2000 263.4 S1998 303.4 S1999

114.2 S2000 289.6 S1998 263.8 S1999

104.0 S2000 282.8 S1998 258.1 S1999

75.3 S2000 284.9 S1998 279.8 S1999

75.5 S2000 294.4 S1998 288.2 S1999

Page 848: Economics of Photoelectricity - November 13 2012

Fossil Total Renewable Total

TWh/year Source TWh/year Source TWh/year Source

12.7 S1994 524.0 S1997 101.1 Formula

13.1 S1994 533.2 S1997 109.7 Formula

13.3 S1994 545.8 S1997 95.1 Formula

13.1 S1994 517.2 S1997 107.8 Formula

14.1 S1994 580.4 S1997 80.7 Formula

16.2 S1994 568.0 S1997 97.5 Formula

17.4 S1994 577.2 S1997 97.1 Formula

18.8 S1994 577.7 S1997 107.7 Formula

18.3 S1994 571.3 S1997 109.9 Formula

18.8 S1994 596.2 S1997 104.3 Formula

18.5 S1994 582.5 S1997 104.9 Formula

18.8 S1994 569.8 S1997 102.1 Formula

20.6 S1994 617.0 S1997 102.1 Formula

21.1 S1994 643.6 S1997 114.8 Formula

21.7 S1994 631.0 S1997 114.9 Formula

23.6 S1994 641.5 S1997 99.3 Formula

25.5 S1997 648.45 Formula 113.1 S1997

26.8 S1997 707.54 Formula 100.8 S1997

26.4 S1997 675.49 Formula 102.9 S1997

26.0 S1997 639.65 Formula 101.2 S1997

26.9 S1997 658.44 Formula 101.1 S1997

Non-Hydro Renewables

Page 849: Economics of Photoelectricity - November 13 2012

Total

TWh/year Source TWh/year Source

817 Formula 841 S1753

846 Formula 871 S1753

853 Formula 876 S1753

862 Formula 887 S1753

917 Formula 944 S1753

942 Formula 969 S1753

961 Formula 989 S1753

992 Formula 1015 S1753

997 Formula 1020 S1753

1001 Formula 1037 S1753

993 Formula 1058 S1753

976 Formula 1040 S1753

999 Formula 1058 S1753

986 Formula 1083 S1753

1014 Formula 1108 S1753

1030 Formula 1153 S1753

1065 Formula 1164 S1753

1072 Formula 1180 S1753

1037 Formula 1184 S1753

1021 Formula 1114 S1753

1048 Formula 1145 S1753

Total (cross-check)

Page 850: Economics of Photoelectricity - November 13 2012

Hydropower Hydropower Wind

GW Source TWh/year Source TWh/year

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007 1.3 S2822 4.1 S2822 3.6

2008 1.4 S2822 4.2 S2822 5.4

2009 1.4 S2822 4.3 S2822 6.9

2010 1.4 S2822 2.8 S2822 8.0

2011 1.4 S2822 4.6 S2822 12.7

Page 851: Economics of Photoelectricity - November 13 2012

Wind Biomass & Waste Photel

Source GW Source TWh/year Source TWh/year

S2822 795 S2822

S2822 997 S2822

S2822 1205 S2822

S2822 1776 S2822

S2822 2241 S2822

Page 852: Economics of Photoelectricity - November 13 2012

Geothermal Coal Coal

Source TWh/year Source TWh/year Source GW

132 S2822 23.0

120 S2822 23.1

99 S2822 23.1

104 S2822 23.1

105 S2822 23.1

Page 853: Economics of Photoelectricity - November 13 2012

Coal Oil Oil

Source CF TWh/year Source GW Source

S2822 8.1 S2822 3.8 S2822

S2822 4.6 S2822 3.8 S2822

S2822 3.8 S2822 3.8 S2822

S2822 2.3 S2822 3.8 S2822

S2822 1.1 S2822 3.8 S2822

Page 854: Economics of Photoelectricity - November 13 2012

Gas Gas Nuclear

TWh/year Source TWh/year Source TWh/year Source

149.3 S2822 24.3 S2822

161.6 S2822 26.2 S2822 46.8 IEA

152.6 S2822 26.8 S2822 62.8 IEA

161.7 S2822 31.7 S2822 56.6 IEA

132.8 S2822 30.2 S2822 63.7 IEA

Page 855: Economics of Photoelectricity - November 13 2012

Nuclear* Nuclear

TWh/year Source GW Source TWh/year Source

63.0 S2822 11.0 S2822

52.5 S2822 11.0 S2822

69.1 S2822 10.9 S2822

62.1 S2822 10.9 S2822

69.0 S2822 10.7 S2822

Non-Hydro Renewables

Page 856: Economics of Photoelectricity - November 13 2012

Pumped Hydro Pumped Hydro Fossil Total

TWh/year Source GW Source TWh/year Source

3.9 S2822 2.7 S2822 164.5 Formula

4.1 S2822 2.7 S2822 151.1 Formula

3.7 S2822 2.7 S2822 129.9 Formula

3.2 S2822 2.7 S2822 137.9 Formula2.9 S2822 2.7 S2822 136.1 Formula

Page 857: Economics of Photoelectricity - November 13 2012

Renewable Total Imports Exports

TWh/year Source TWh/year Source TWh/year Source

8.6 S2822 3.4 S2822

12.3 S2822 1.3 S2822

6.6 S2822 3.7 S2822

25.1 S2822 7.1 S2822 4.5 S2822

33.1 S2822 8.7 S2822 2.5 S2822

Page 858: Economics of Photoelectricity - November 13 2012

Total

TWh/year Source TWh/year Source TWh/year Source

402.0 S2822 112.8 S2822

380.8 IEA 400.0 S2822 114.2 S2822

380.3 IEA 379.6 S2822 99.7 S2822

368.8 IEA 384.4 S2822 104.5 S2822

352.4 IEA 374.0 S2822 102.4 S2822

Total (cross-check)

Industrial Consumption

Page 859: Economics of Photoelectricity - November 13 2012

Transport Domestic

TWh/year Source TWh/year Source TWh/year Source

4.0 S2822 123.1 S2822 20.1 S2822

3.9 S2822 119.8 S2822 20.4 S2822

4.0 S2822 118.5 S2822 19.4 S2822

4.1 S2822 118.8 S2822 19.1 S2822

4.1 S2822 111.6 S2822 18.5 S2822

Public Administration

Page 860: Economics of Photoelectricity - November 13 2012

Commercial Agriculture

TWh/year Source TWh/year Source

77.7 S2822 4.1 S2822

79.5 S2822 4.1 S2822

76.2 S2822 3.8 S2822

78.2 S2822 4.0 S2822

77.5 S2822 3.9 S2822

Page 861: Economics of Photoelectricity - November 13 2012

World Source World* Source World** Source OECD

1980 6799 S909 7406 S1107 7333 S34 4740

1981 7504 S1107 7419 S34

1982 7668 S1107 7577 S34

1983 7980 S1107 7881 S34

1984 8465 S1107 8371 S34

1985 8811 S1107 8676 S34

1986 9023 S1107 8908 S34

1987 9441 S1107 9302 S34

1988 9856 S1107 9720 S34

1989 10293 S1107 10145 S34

1990 10543 S959 10557 S1107 10407 S34

1991 10761 S1107 10607 S34

1992 10849 S1107 10678 S34

1993 11090 S1107 10878 S34

1994 11364 S1107 11126 S34

1995 11770 S1107 11501 S34

1996 12134 S1107 11835 S34

1997 12448 S1107 12158 S34

1998 12772 S1107 12460 S34

1999 13073 S1107 12726 S34

2000 12641 S909 13585 S1107 13238 S34 8251

2001 13836 S1110 13814 S1107 13451 S34

2002 14301 S959 14320 S1107 13927 S34

2003 14781 S959 14767 S1107 14459 S34

2004 17450 S1100 15103 S34

2005 18235 S1096 15747 S34

2006 18930 S1007 9035

2007 19771 S1067

2008 20181 S1577 11978

2009 20055 S1091

2010

2011

2012

2013

2014 S909 is a questionable source, Could be a consumption vs. production source

2015

Page 862: Economics of Photoelectricity - November 13 2012

Source North America Source United States Source Europe Source Pacific

S909 2386 S909 2026 S909 1709 S909 645

3369 S1110 2837 S959

S909 4144 S909 3500 S909 2694 S909 1413

4247 S1110 3554 S1110

4328 S1110 3629 S959

3669 S959

4148 S1100

4268 S1096

S909 4413 S909 4274 S1007 3022 S909 1601

4323 S1067

S206 4344 S1577

4165 S1091

Page 863: Economics of Photoelectricity - November 13 2012

Source Japan Source Japan* Source Non-OECD Source E.Europe/Eurasia

S909 513 S909 TWh/year Source 2059 S909 1101

764 S959 841 S1753

871 S1753

876 S1753

887 S1753

944 S1753

969 S1753

989 S1753

1015 S1753

1020 S1753

1037 S1753

S909 944 S909 1058 S1753 4390 S909 1023

765 S1110 1040 S1753

964 S959 1058 S1753

946 S959 1083 S1753

1071 S1100 1108 S1753

1094 S1096 1153 S1753

S909 1091 S1007 1164 S1753 6630 S909 1165

1123 S1067 1180 S1753

1075 S1577 1184 S1753

1041 S1091 1114 S1753

1145 S1753

Page 864: Economics of Photoelectricity - November 13 2012

Source Russia Source Asia Source China Source India

S909 n/a S909 477 S909 259 S909 90

955 S959 551 S959 257

S909 609 S909 2023 S909 1081 S909 369

769 S1110 1302 S1110 509

796 S959 1452 S959 525

812 S959 1671 S959 519

930 S1100 2200 S1100 668

951 S1096 2497 S1096 699

S909 994 S1007 3669 S909 2864 S1007 744

1013 S1067 3279 S1067 803

1038 S1577 3457 S1577 830

990 S1091 3696 S1091 899

4199 S2820

4690 S2820

6020 to 6610 S2820

Page 865: Economics of Photoelectricity - November 13 2012

Source Middle East Source Africa Source Latin America Source

S909 75 S909 158 S909 248 S909

S959 214 S959 286 S959

S909 371 S909 346 S909 627 S909

S1110 547 S1110 410 S1110

S959 457 S959 420 S959

S959 471 S959 436 S959

S1100

S1096

S1007 539 S909 479 S909 777 S909

S1067

S1577

S1091

Page 866: Economics of Photoelectricity - November 13 2012

Central and South America Source Brazil Source EU Source France

119 S909 n/a S909

463 S959 229 S959

319 S909 2518 S909

715 S1110 338 S1110

736 S959 353 S959

772 S959 371 S959

387 S1100 567

403 S1096 571

419 S1007 2814 S909 569

445 S1067 564

463 S1577 570

466 S1091 537

Page 867: Economics of Photoelectricity - November 13 2012

Source South Korea Source Canada Source Mexico Source

93 S959 435 S959 107 S959 166

185 S1110 226

268 S959 518 S959 190 S959 231

303 S959 521 S959 194 S959 238

S1100 598 S1100

S1096 628 S1096

S1007 402 S1007 612 S1007

S1067 426 S1067 640 S1067

S1577 444 S1577 651 S1577

S1091 452 S1091 603 S1091

Australia & New Zealand

Page 868: Economics of Photoelectricity - November 13 2012

Source UK Source Germany

S959

S1110

S959

S959

393 S1100 610 S1100

398 S1096

Page 869: Economics of Photoelectricity - November 13 2012

1999 Source 2000 Source 2001

Austria At 13.4 S2635 13.6 S2635 13.7

Belgium Be 23.5 S2635 23.7 S2635 24.4

Bulgaria Bg 10.1 S2635 9.9 S2635 9.8

Cypress Cy 1.0 S2635 1.1 S2635 1.0

Czech Republic Cz 14.1 S2635 13.8 S2635 14.2

Germany De 131.3 S2635 128.9 S2635 132.9

Denmark Dk 9.7 S2635 9.9 S2635 10.1

Estonia Ee 1.4 S2635 1.5 S2635 1.6

Spain Es 45.4 S2635 43.6 S2635 49.7

Finland Fi 18.5 S2635 18.1 S2635 19.4

France Fr 126.9 S2635 128.7 S2635 133.9

Greece Gr 13.5 S2635 14.2 S2635 14.6

Croatia HR S2635 S2635

Hungary Hu 9.8 S2635 9.8 S2635 10.1

Ireland Ie 6.0 S2635 6.4 S2635 6.7

Italy It 60.7 S2635 61.1 S2635 61.6

Lituania Lt 1.9 S2635 1.8 S2635 1.8

Luxembourg Lu 0.7 S2635 0.7 S2635 0.7

Latvia Lv 1.2 S2635 1.2 S2635 1.2

Malta Mt 0.5 S2635 0.6 S2635 0.5

Netherlands Nl 21.4 S2635 21.8 S2635 22.1

Poland Pl 20.8 S2635 21.0 S2635 21.4

Portugal Pt 9.5 S2635 10.1 S2635 10.6

Romania Ro 7.9 S2635 7.7 S2635 7.7

Sweden Se 40.2 S2635 42.0 S2635 42.2

Slovenia Si 2.4 S2635 2.6 S2635 2.7

Slovakia Sk 5.7 S2635 5.4 S2635 5.2

Turkey TR S2635 S2635

United Kingdom UK 110.3 S2635 111.8 S2635 115.3

Residential electricity consumption in EU-15 TWh/year Source

Refrigerators and freezers 102 S2634

Washing machines 26 S2634

Dishwashers 14 S2634

Driers 13 S2634

Room air-conditioners 7 S2634

Electric storage water heater 65 S2634

Electric ovens 15 S2634

Electric hobs 37 S2634

Electronics in stand-by 45 S2634

Lighting 85 S2634

TV-on mode 20 S2634

Office equipment 10 S2634

Residential electric heating 150 S2634

Central heating circulation pumps 30 S2634

Miscellaneous 85 S2634

Total 704 S2634

Page 870: Economics of Photoelectricity - November 13 2012

Source 2002 Source 2003 Source 2004 Source 2005 Source

S2635 13.8 S2635 14.0 S2635 14.2 S2635 14.6 S2635

S2635 25.9 S2635 26.0 S2635 26.5 S2635 26.0 S2635

S2635 9.3 S2635 9.3 S2635 8.8 S2635 9.1 S2635

S2635 1.2 S2635 1.3 S2635 1.3 S2635 1.4 S2635

S2635 14.1 S2635 14.5 S2635 14.5 S2635 14.7 S2635

S2635 131.2 S2635 139.6 S2635 140.4 S2635 141.8 S2635

S2635 10.2 S2635 10.1 S2635 10.3 S2635 10.4 S2635

S2635 1.6 S2635 1.6 S2635 1.6 S2635 1.6 S2635

S2635 50.6 S2635 54.2 S2635 58.1 S2635 63.8 S2635

S2635 19.9 S2635 20.4 S2635 20.4 S2635 20.6 S2635

S2635 133.0 S2635 141.6 S2635 147.1 S2635 144.6 S2635

S2635 15.8 S2635 16.4 S2635 16.9 S2635 16.9 S2635

S2635 S2635 5.7 S2634 6.1 S2634 S2635

S2635 10.4 S2635 11.1 S2635 11.0 S2635 11.1 S2635

S2635 6.6 S2635 7.0 S2635 7.4 S2635 7.5 S2635

S2635 63.0 S2635 65.0 S2635 66.6 S2635 67.0 S2635

S2635 1.8 S2635 1.9 S2635 2.1 S2635 2.1 S2635

S2635 0.7 S2635 0.8 S2635 0.8 S2635 0.8 S2635

S2635 1.3 S2635 1.4 S2635 1.5 S2635 1.6 S2635

S2635 0.6 S2635 0.6 S2635 0.6 S2635 0.6 S2635

S2635 22.8 S2635 23.3 S2635 23.5 S2635 24.2 S2635

S2635 21.7 S2635 24.9 S2635 25.5 S2635 25.1 S2635

S2635 11.4 S2635 11.8 S2635 12.4 S2635 13.2 S2635

S2635 7.8 S2635 8.2 S2635 8.0 S2635 9.2 S2635

S2635 41.5 S2635 42.0 S2635 41.4 S2635 42.7 S2635

S2635 2.7 S2635 3.0 S2635 3.0 S2635 3.0 S2635

S2635 5.2 S2635 5.0 S2635 4.8 S2635 4.7 S2635

S2635 S2635 25.2 S2634 27.6 S2634 S2635

S2635 114.5 S2635 115.8 S2635 115.5 S2635 116.8 S2635

Page 871: Economics of Photoelectricity - November 13 2012

2006 Source 2007 Source

14.7 S2635 14.2 S2635

22.7 S2635 21.9 S2635

9.3 S2635 9.4 S2635

1.5 S2635 1.6 S2635

15.2 S2635 14.7 S2635 1999 Source

141.5 S2635 140.1 S2635 Germany De 131.3 S2635

10.7 S2635 10.9 S2635

1.7 S2635 1.8 S2635

70.7 S2635 71.6 S2635

21.1 S2635 21.5 S2635

147.1 S2635 145.8 S2635

17.7 S2635 18.0 S2635

S2635 S2635

11.5 S2635 11.3 S2635

8.1 S2635 8.1 S2635

67.6 S2635 67.2 S2635

2.4 S2635 2.5 S2635

0.8 S2635 0.8 S2635

1.7 S2635 1.8 S2635

0.7 S2635 0.7 S2635

24.8 S2635 24.3 S2635

26.0 S2635 26.4 S2635

13.4 S2635 13.9 S2635

10.0 S2635 10.4 S2635

41.5 S2635 39.6 S2635

3.1 S2635 3.0 S2635

4.6 S2635 4.6 S2635

S2635 S2635

116.5 S2635 115.1 S2635

Page 872: Economics of Photoelectricity - November 13 2012

2000 Source 2001 Source 2002 Source 2003 Source 2004

128.9 S2635 132.9 S2635 131.2 S2635 139.6 S2635 140.4

Page 873: Economics of Photoelectricity - November 13 2012

Source 2005 Source 2006 Source 2007 Source

S2635 141.8 S2635 141.5 S2635 140.1 S2635

Page 874: Economics of Photoelectricity - November 13 2012

TWh/year 1999 Source 2000 Source 2001 Source 2002

At Austria 13.5 S2635 12.6 S2635 13.3 S2635 12.9

Be Belgium 11.7 S2635 12.2 S2635 12.8 S2635 11.9

Bg Bulgaria 4.4 S2635 5.1 S2635 5.1 S2635 5.6

Cy Cypress 1.2 S2635 1.3 S2635 1.5 S2635 1.6

Cz Czech Republic 10.3 S2635 11.6 S2635 11.8 S2635 11.4

De Germany 106.5 S2635 108.4 S2635 111.7 S2635 110.3

Dk Denmark 10.3 S2635 10.2 S2635 10.2 S2635 10.2

Ee Estonia 1.2 S2635 1.4 S2635 1.5 S2635 1.5

Es Spain 45.0 S2635 50.0 S2635 51.3 S2635 53.2

Fi Finland 12.9 S2635 13.3 S2635 14.1 S2635 14.6

Fr France 97.4 S2635 104.0 S2635 106.6 S2635 106.4

Gr Greece??? 11.5 S2635 12.3 S2635 13.2 S2635 14.0

Hu Hungary 8.6 S2635 8.9 S2635 9.0 S2635 8.7

Ie Ireland 5.0 S2635 5.6 S2635 5.9 S2635 6.7

It Italy 53.9 S2635 56.6 S2635 59.2 S2635 62.8

Lt Lituania 1.9 S2635 1.9 S2635 2.0 S2635 2.1

Lu Luxembourg 1.0 S2635 1.0 S2635 1.0 S2635 1.1

Lv Latvia 1.6 S2635 1.5 S2635 1.5 S2635 1.7

Mt Malta 0.5 S2635 0.5 S2635 0.5 S2635 0.6

Nl Netherlands 28.1 S2635 30.2 S2635 31.4 S2635 30.7

Pl Poland 26.2 S2635 27.8 S2635 29.1 S2635 28.6

Pt Portugal 10.4 S2635 11.3 S2635 12.0 S2635 12.4

Ro Romania 3.4 S2635 3.9 S2635 5.6 S2635 2.7

Se Sweden 26.1 S2635 25.4 S2635 29.2 S2635 28.4

Si* Slovenia 2.2 S2635 2.2 S2635 2.3 S2635 3.0

Sk Slovakia 6.0 S2635 5.3 S2635 7.3 S2635 7.4

UK United Kingdom 88.7 S2635 90.5 S2635 93.1 S2635 93.6

Page 875: Economics of Photoelectricity - November 13 2012

Source 2003 Source 2004 Source 2005 Source 2006 Source

S2635 14.1 S2635 13.4 S2635 12.4 S2635 11.8 S2635

S2635 11.9 S2635 11.9 S2635 12.7 S2635 17.1 S2635

S2635 6.0 S2635 5.8 S2635 6.2 S2635 6.9 S2635

S2635 1.7 S2635 1.7 S2635 1.8 S2635 1.9 S2635

S2635 12.6 S2635 12.2 S2635 12.5 S2635 13.0 S2635

S2635 113.9 S2635 114.9 S2635 119.1 S2635 130.3 S2635

S2635 10.3 S2635 10.3 S2635 10.4 S2635 10.6 S2635

S2635 1.6 S2635 1.8 S2635 1.9 S2635 2.2 S2635

S2635 57.2 S2635 60.7 S2635 62.6 S2635 76.2 S2635

S2635 14.7 S2635 15.2 S2635 15.6 S2635 16.1 S2635

S2635 113.9 S2635 118.0 S2635 120.8 S2635 128.0 S2635

S2635 15.0 S2635 15.9 S2635 16.5 S2635 17.8 S2635

S2635 8.6 S2635 9.1 S2635 9.9 S2635 10.3 S2635

S2635 8.2 S2635 8.2 S2635 8.5 S2635 8.1 S2635

S2635 67.4 S2635 70.0 S2635 73.9 S2635 78.1 S2635

S2635 2.4 S2635 2.6 S2635 2.7 S2635 2.9 S2635

S2635 1.1 S2635 1.2 S2635 1.2 S2635 1.2 S2635

S2635 1.9 S2635 2.0 S2635 2.1 S2635 2.3 S2635

S2635 0.6 S2635 0.6 S2635 0.6 S2635 0.7 S2635

S2635 30.9 S2635 32.6 S2635 31.3 S2635 31.2 S2635

S2635 29.9 S2635 31.0 S2635 33.5 S2635 37.2 S2635

S2635 13.2 S2635 13.7 S2635 14.4 S2635 15.2 S2635

S2635 4.7 S2635 3.6 S2635 4.0 S2635 4.9 S2635

S2635 27.3 S2635 27.6 S2635 26.8 S2635 27.1 S2635

S2635 2.3 S2635 2.6 S2635 2.4 S2635 2.5 S2635

S2635 6.5 S2635 7.4 S2635 6.2 S2635 6.2 S2635

S2635 94.9 S2635 94.9 S2635 96.2 S2635 97.6 S2635

Page 876: Economics of Photoelectricity - November 13 2012

2007 Source

11.3 S2635

18.1 S2635

7.0 S2635

1.9 S2635

13.3 S2635

119.8 S2635

10.3 S2635

2.3 S2635

77.1 S2635

16.2 S2635

130.5 S2635

18.8 S2635

10.9 S2635

8.7 S2635

79.9 S2635

3.0 S2635

1.2 S2635

2.7 S2635

0.7 S2635

31.4 S2635

37.2 S2635

15.6 S2635

5.7 S2635

30.2 S2635

2.5 S2635

6.8 S2635

97.1 S2635

Page 877: Economics of Photoelectricity - November 13 2012

TWh/year 1990 Source 1999 Source 2000 Source 2001

At Austria 18 S2635 19.4 S2635 20.7 S2635 21.5

Be Belgium 30.5 S2635 37.6 S2635 39.9 S2635 39.2

Bg Bulgaria 18.6 S2635 8.5 S2635 8.6 S2635 9

Ch Switzerland 17.2 S2635 17 S2635 18.1 S2635 18.5

Cy Cypress 0.3 S2635 0.4 S2635 0.4 S2635 0.5

Cz Czech Republic 26.9 S2635 18.8 S2635 18.9 S2635 19.9

De Germany 207.8 S2635 206.1 S2635 221.9 S2635 236.6

Dk Denmark 8.4 S2635 9.9 S2635 10 S2635 10.1

Ee Estonia 3 S2635 1.8 S2635 1.8 S2635 1.8

Es Spain 63.3 S2635 76.5 S2635 85.6 S2635 90.3

Fi Finland 32.5 S2635 41.5 S2635 42.7 S2635 42.4

Fr France 114.7 S2635 132.6 S2635 134.7 S2635 134.7

Gr Greece 12.1 S2635 12.9 S2635 13.5 S2635 13.8

Hu Hungary 13.8 S2635 8.5 S2635 8.8 S2635 9.4

Ie Ireland 4.5 S2635 7.3 S2635 7.7 S2635 7.8

It Italy 110.8 S2635 133.8 S2635 141.8 S2635 143.2

Lt Lituania 5.5 S2635 2.4 S2635 2.3 S2635 2.3

Lu Luxembourg 2.6 S2635 3.7 S2635 3.9 S2635 3.7

Lv Latvia 3.2 S2635 1.4 S2635 1.4 S2635 1.5

Mt Malta 0 S2635 0.5 S2635 0.5 S2635 0.5

Nl Netherlands 33.2 S2635 40 S2635 40.6 S2635 40.6

Pl Poland 42.7 S2635 39.4 S2635 40.5 S2635 39

Pt Portugal 12.2 S2635 15.1 S2635 16 S2635 16.2

Ro Romania 38.3 S2635 20.3 S2635 19.9 S2635 20.8

Se Sweden 54 S2635 56 S2635 56.9 S2635 57.1

Si* Slovenia 6 S2635 5.1 S2635 5.5 S2635 5.7

Sk Slovakia 15 S2635 9.5 S2635 9.7 S2635 9.7

UK United Kingdom 100.6 S2635 110.9 S2635 114.1 S2635 111.3

Page 878: Economics of Photoelectricity - November 13 2012

Source 2002 Source 2003 Source 2004 Source 2005 Source

S2635 21.6 S2635 21.6 S2635 23.3 S2635 25 S2635

S2635 38.9 S2635 40 S2635 40.4 S2635 39.4 S2635

S2635 8.5 S2635 9.2 S2635 9.7 S2635 9.8 S2635

S2635 18.1 S2635 18.3 S2635 18.6 S2635 18.9 S2635

S2635 0.5 S2635 0.5 S2635 0.5 S2635 0.5 S2635

S2635 20.6 S2635 20.6 S2635 22.4 S2635 23.1 S2635

S2635 233.6 S2635 231.8 S2635 233.8 S2635 232.1 S2635

S2635 9.9 S2635 9.7 S2635 10 S2635 10.3 S2635

S2635 1.9 S2635 2 S2635 2.1 S2635 2.2 S2635

S2635 92.9 S2635 98.3 S2635 101.5 S2635 105 S2635

S2635 43.7 S2635 44.3 S2635 46.1 S2635 43.3 S2635

S2635 133.4 S2635 133.8 S2635 136.6 S2635 139.5 S2635

S2635 14.1 S2635 14.2 S2635 14 S2635 14.4 S2635

S2635 10.3 S2635 9.6 S2635 9.5 S2635 9.3 S2635

S2635 7.8 S2635 7.3 S2635 6.9 S2635 7.7 S2635

S2635 143.1 S2635 144.4 S2635 144.2 S2635 144.8 S2635

S2635 2.5 S2635 2.6 S2635 2.7 S2635 2.8 S2635

S2635 3.7 S2635 4 S2635 4.2 S2635 4 S2635

S2635 1.5 S2635 1.6 S2635 1.6 S2635 1.7 S2635

S2635 0.5 S2635 0.6 S2635 0.6 S2635 0.5 S2635

S2635 41.1 S2635 40.7 S2635 41.4 S2635 41.6 S2635

S2635 38.2 S2635 40.2 S2635 42.4 S2635 41.3 S2635

S2635 16.5 S2635 16.8 S2635 17.1 S2635 17.2 S2635

S2635 22.7 S2635 22.3 S2635 25.2 S2635 23.7 S2635

S2635 57.3 S2635 56.1 S2635 57.2 S2635 57.6 S2635

S2635 5.8 S2635 6.6 S2635 6.8 S2635 7.2 S2635

S2635 9 S2635 10.3 S2635 10.7 S2635 11 S2635

S2635 112.6 S2635 113.4 S2635 115.8 S2635 120.5 S2635

Page 879: Economics of Photoelectricity - November 13 2012

2006 Source 2007 Source

26.7 S2635 27.7 S2635

40.2 S2635 40.1 S2635

10 S2635 10.2 S2635

19 S2635 19 S2635

0.6 S2635 0.6 S2635

23.6 S2635 24.2 S2635

229.4 S2635 242.8 S2635

10.4 S2635 10.2 S2635

2.3 S2635 2.4 S2635

97.7 S2635 98.8 S2635

46.9 S2635 46.8 S2635

134.3 S2635 132.6 S2635

14.2 S2635 15.3 S2635

9.4 S2635 9.5 S2635

9 S2635 8.5 S2635

147.4 S2635 146.2 S2635

2.9 S2635 3.1 S2635

4.3 S2635 4.4 S2635

1.8 S2635 1.8 S2635

0.5 S2635 0.5 S2635

41.6 S2635 42.3 S2635

42.8 S2635 45.8 S2635

17.6 S2635 18 S2635

24.3 S2635 22.8 S2635

57.3 S2635 58 S2635

7.4 S2635 7.5 S2635

11.9 S2635 12.2 S2635

118.3 S2635 117.7 S2635

Page 880: Economics of Photoelectricity - November 13 2012

Gigawatts 2005 Source 2006 Source 2007 Source 2008

Afghanistan 0.0 0.0 0.0 0.0

Africa 0.5 S2606 0.5 S2606 0.5 S2606 0.5

Albania 0.0 0.0 0.0 0.0

Algeria 0.0 0.0 0.0 0.0

American Samoa 0.0 0.0 0.0 0.0

Angola 0.0 0.0 0.0 0.0

Antarctica 0.0 0.0 0.0 0.0

Antigua and Barbuda 0.0 0.0 0.0 0.0

Argentina

Armenia 0.0 0.0 0.0 0.0

Aruba 0.0 0.0 0.0 0.0

Asia & Oceania 6.7 S2606 7.4 S2606 8.1 S2606 8.9

Australia 0.8 S2606 0.8 S2606 0.8 S2606 0.8

Austria 1.1 S2606 1.1 S2606 2.4 S2606 3.2

Azerbaijan 0.0 0.0 0.0 0.0

Bahamas, The 0.0 0.0 0.0 0.0

Bahrain 0.0 0.0 0.0 0.0

Bangladesh 0.0 0.0 0.0 0.0

Barbados 0.0 0.0 0.0 0.0

Belarus 0.0 S2606 0.0 S2606 0.0 S2606 0.0

Belgium 0.6 S2606 0.7 S2606 0.7 S2606 0.8

Belize 0.0 S2606 0.0 S2606 0.0 S2606 0.0

Benin 0.0 0.0 0.0 0.0

Bermuda 0.0 0.0 0.0 0.0

Bhutan 0.0 0.0 0.0 0.0

Bolivia 0.0 S2606 0.0 S2606 0.0 S2606 0.0

Bosnia and Herzegovina 0.0 0.0 0.0 0.0

Botswana 0.0 0.0 0.0 0.0

Brazil 6.1 S2606 6.3 S2606 6.4 S2606 7.0

Brunei 0.0 0.0 0.0 0.0

Bulgaria 0.0 S2606 0.0 S2606 0.0 S2606 0.0

Burkina Faso 0.0 0.0 0.0 0.0

Burma (Myanmar) 0.0 0.0 0.0 0.0

Burundi 0.0 0.0 0.0 0.0

Cambodia 0.0 S2606 0.0 S2606 0.0 S2606 0.0

Cameroon 0.0 0.0 0.0 0.0

Canada 1.7 S2606 1.7 S2606 1.6 S2606 1.5

Cape Verde 0.0 0.0 0.0 0.0

Cayman Islands 0.0 0.0 0.0 0.0

Central & South America 6.5 S2606 6.8 S2606 6.9 S2606 7.5

Central African Republic 0.0 0.0 0.0 0.0

Chad 0.0 0.0 0.0 0.0

Chile 0.0 S2606 0.0 S2606 0.0 S2606 0.0

China 1.9 S2606 2.2 S2606 2.6 S2606 3.0

Colombia 0.0 S2606 0.0 S2606 0.0 S2606 0.0

Comoros 0.0 0.0 0.0 0.0

Congo (Brazzaville) 0.0 0.0 0.0 0.0

Congo (Kinshasa) 0.0 0.0 0.0 0.0

Cook Islands 0.0 0.0 0.0 0.0

Costa Rica 0.1 S2606 0.1 S2606 0.1 S2606 0.1

Cote dIvoire (IvoryCoast) 0.0 0.0 0.0 0.0

Croatia 0.0 S2606 0.0 S2606 0.0 S2606 0.0

Cuba

Cyprus 0.0 0.0 0.0 S2606 0.0

Czech Republic 0.3 S2606 0.3 S2606 0.4 S2606 0.5

Denmark 1.0 S2606 0.8 S2606 0.6 S2606 0.9

Djibouti 0.0 0.0 0.0 0.0

Dominica 0.0 0.0 0.0 0.0

Dominican Republic 0.0 S2606 0.0 S2606 0.0 S2606 0.0

Ecuador 0.0 S2606 0.1 S2606 0.1 S2606 0.1

Egypt 0.0 0.0 0.0 0.0

El Salvador 0.0 S2606 0.0 S2606 0.0 S2606 0.0

Equatorial Guinea 0.0 0.0 0.0 0.0

Eritrea 0.0 0.0 0.0 0.0

Page 881: Economics of Photoelectricity - November 13 2012

Estonia 0.0 S2606 0.0 S2606 0.0 S2606 0.0

Ethiopia 0.0 0.0 0.0 0.0

Eurasia 0.0 S2606 0.0 S2606 0.1 S2606 0.1

Europe 18.7 S2606 20.7 S2606 21.9 S2606 24.3

Falkland Islands (Islas Malvinas) 0.0 0.0 0.0 0.0

Faroe Islands 0.0 0.0 0.0 0.0

Fiji 0.0 S2606 0.0 S2606 0.0 S2606 0.0

Finland 1.7 S2606 1.7 S2606 1.8 S2606 1.8

France 1.0 S2606 1.1 S2606 1.1 S2606 1.2

French Guiana 0.0 0.0 0.0 0.0

French Polynesia 0.0 0.0 0.0 0.0

Gabon 0.0 0.0 0.0 0.0

Gambia, The 0.0 0.0 0.0 0.0

Georgia 0.0 0.0 0.0 0.0

Germany 3.5 S2606 4.1 S2606 4.8 S2606 5.1

Ghana 0.0 0.0 0.0 0.0

Gibraltar 0.0 0.0 0.0 0.0

Greece 0.0 S2606 0.0 S2606 0.1 S2606 0.1

Greenland 0.0 0.0 0.0 0.0

Grenada 0.0 0.0 0.0 0.0

Guadeloupe 0.0 0.0 0.0 0.0

Guam 0.0 0.0 0.0 0.0

Guatemala

Guinea 0.0 0.0 0.0 0.0

Guinea-Bissau 0.0 0.0 0.0 0.0

Guyana

Haiti 0.0 0.0 0.0 0.0

Honduras 0.1 S2606 0.1 S2606 0.1 S2606 0.1

Hong Kong 0.0 0.0 0.0 0.0

Hungary 0.4 S2606 0.4 S2606 0.4 S2606 0.4

Iceland 0.0 S2606 0.0 S2606 0.0 S2606 0.0

India 1.0 S2606 1.2 S2606 1.5 S2606 1.8

Indonesia

Iran 0.0 0.0 0.0 0.0

Iraq 0.0 0.0 0.0 0.0

Ireland 0.0 S2606 0.0 S2606 0.0 S2606 0.0

Israel 0.0 0.0 S2606 0.0 S2606 0.0

Italy 1.3 S2606 1.4 S2606 1.5 S2606 1.7

Jamaica 0.0 S2606 0.0 S2606 0.0 S2606 0.0

Japan 1.5 S2606 1.5 S2606 1.5 S2606 1.5

Jordan 0.0 S2606 0.0 S2606 0.0 S2606 0.0

Kazakhstan 0.0 0.0 0.0 0.0

Kenya 0.1 S2606 0.1 S2606 0.1 S2606 0.1

Kiribati 0.0 0.0 0.0 0.0

Korea, North 0.0 0.0 0.0 0.0

Korea, South 0.1 S2606 0.1 S2606 0.1 S2606 0.1

Kuwait 0.0 0.0 0.0 0.0

Kyrgyzstan 0.0 0.0 0.0 0.0

Laos 0.0 0.0 0.0 0.0

Latvia 0.0 S2606 0.0 S2606 0.0 S2606 0.0

Lebanon 0.0 0.0 0.0 0.0

Lesotho 0.0 0.0 0.0 0.0

Liberia 0.0 0.0 0.0 0.0

Libya 0.0 0.0 0.0 0.0

Lithuania 0.0 S2606 0.0 S2606 0.0 S2606 0.0

Luxembourg 0.0 S2606 0.0 S2606 0.0 S2606 0.0

Macau 0.0 0.0 0.0 0.0

Macedonia 0.0 0.0 0.0 0.0

Madagascar 0.0 0.0 0.0 0.0

Malawi 0.0 0.0 0.0 0.0

Malaysia

Maldives 0.0 0.0 0.0 0.0

Mali 0.0 0.0 0.0 0.0

Malta 0.0 0.0 0.0 0.0

Page 882: Economics of Photoelectricity - November 13 2012

Martinique 0.0 0.0 0.0 0.0

Mauritania 0.0 0.0 0.0 0.0

Mauritius 0.2 S2606 0.2 S2606 0.2 S2606 0.2

Mexico 0.5 S2606 0.5 S2606 0.5 S2606 0.5

Middle East 0.0 S2606 0.0 S2606 0.0 S2606 0.0

Moldova 0.0 0.0 0.0 0.0

Mongolia 0.0 0.0 0.0 0.0

Montenegro

Montserrat 0.0 0.0 0.0 0.0

Morocco 0.0 0.0 0.0 0.0

Mozambique 0.0 0.0 0.0 0.0

Namibia 0.0 0.0 0.0 0.0

Nauru 0.0 0.0 0.0 0.0

Nepal 0.0 0.0 0.0 0.0

Netherlands 1.4 S2606 1.4 S2606 1.1 S2606 1.3

Netherlands Antilles 0.0 0.0 0.0 0.0

New Caledonia 0.0 0.0 0.0 0.0

New Zealand 0.1 S2606 0.1 S2606 0.1 S2606 0.1

Nicaragua 0.1 S2606 0.1 S2606 0.1 S2606 0.1

Niger 0.0 0.0 0.0 0.0

Nigeria 0.0 0.0 0.0 0.0

Niue 0.0 0.0 0.0 0.0

North America 12.9 S2606 13.1 S2606 13.7 S2606 14.0

Norway 0.2 S2606 0.2 S2606 0.2 S2606 0.2

Oman 0.0 0.0 0.0 0.0

Pakistan 0.0 0.0 0.0 0.0

Palestine 0.0 0.0 0.0 0.0

Panama

Papua New Guinea 0.0 0.0 0.0 0.0

Paraguay 0.0 0.0 0.0 0.0

Peru

Philippines

Poland 0.1 S2606 0.1 S2606 0.1 S2606 0.1

Portugal 0.4 S2606 0.4 S2606 0.4 S2606 0.4

Puerto Rico 0.0 0.0 0.0 0.0

Qatar 0.0 0.0 0.0 0.0

Reunion 0.1 S2606 0.1 S2606 0.1 S2606 0.1

Romania 0.0 0.0 0.0 S2606 0.0

Russia

Rwanda 0.0 0.0 0.0 0.0

Saint Helena 0.0 0.0 0.0 0.0

Saint Kitts and Nevis 0.0 0.0 0.0 0.0

Saint Lucia 0.0 0.0 0.0 0.0

Saint Pierre and Miquelon 0.0 0.0 0.0 0.0

Saint Vincent/Grenadines 0.0 0.0 0.0 0.0

Samoa 0.0 0.0 0.0 0.0

Sao Tome and Principe 0.0 0.0 0.0 0.0

Saudi Arabia 0.0 0.0 0.0 0.0

Senegal 0.0 0.0 0.0 0.0

Serbia

Seychelles 0.0 0.0 0.0 0.0

Sierra Leone 0.0 0.0 0.0 0.0

Singapore 0.0 S2606 0.0 S2606 0.0 S2606 0.0

Slovakia 0.1 S2606 0.1 S2606 0.2 S2606 0.2

Slovenia 0.0 S2606 0.0 S2606 0.0 S2606 0.1

Solomon Islands 0.0 0.0 0.0 0.0

Somalia 0.0 0.0 0.0 0.0

South Africa 0.2 S2606 0.2 S2606 0.2 S2606 0.2

Spain 0.7 S2606 0.7 S2606 0.8 S2606 0.7

Sri Lanka 0.0 S2606 0.0 S2606 0.0 S2606 0.0

Sudan and South Sudan 0.1 S2606 0.1 S2606 0.1 S2606 0.1

Suriname 0.0 0.0 0.0 0.0

Swaziland

Sweden 3.0 S2606 4.0 S2606 3.2 S2606 3.3

Switzerland 0.3 S2606 0.4 S2606 0.4 S2606 0.4

Page 883: Economics of Photoelectricity - November 13 2012

Syria 0.0 0.0 0.0 0.0

Taiwan 0.7 S2606 0.7 S2606 0.7 S2606 0.7

Tajikistan 0.0 0.0 0.0 0.0

Tanzania 0.0 0.0 0.0 0.0

Thailand 0.6 S2606 0.7 S2606 0.7 S2606 0.8

Timor-Leste (East Timor) 0.0 0.0 0.0 0.0

Togo

Tonga 0.0 0.0 0.0 0.0

Trinidad and Tobago 0.0 S2606 0.0 S2606 0.0 S2606 0.0

Tunisia 0.0 0.0 0.0 0.0

Turkey 0.1 S2606 0.1 S2606 0.1 S2606 0.1

Turkmenistan 0.0 0.0 0.0 0.0

Turks and Caicos Islands 0.0 0.0 0.0 0.0

U.S. Pacific Islands 0.0 0.0 0.0 0.0

Uganda 0.0

Ukraine 0.0 0.0 0.0 0.0

United Arab Emirates 0.0 0.0 0.0 0.0

United Kingdom 1.6 S2606 1.7 S2606 1.8 S2606 1.8

United States 10.7 S2606 11.0 S2606 11.6 S2606 12.0

Uruguay 0.0 0.0 0.0 0.0

Uzbekistan 0.0 0.0 0.0 0.0

Vanuatu 0.0 0.0 0.0 0.0

Venezuela 0.0 0.0 0.0 0.0

Vietnam 0.0 0.0 0.0 0.0

Virgin Islands, U.S. 0.0 0.0 0.0 0.0

Virgin Islands, British 0.0 0.0 0.0 0.0

Wake Island 0.0 0.0 0.0 0.0

Western Sahara 0.0 0.0 0.0 0.0

World 45.3 S2606 48.6 S2606 51.2 S2606 55.3

Yemen 0.0 0.0 0.0 0.0

Zambia 0.0 0.0 0.0 0.0

Zimbabwe 0.0 0.0 0.0 0.0

Page 884: Economics of Photoelectricity - November 13 2012

Source 2009 Source 2010 Source 2011 Source

0.0

S2606 0.6 S2606

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

S2606 9.8 S2606

S2606 0.8 S2606

S2606 3.2 S2606

0.0

0.0

0.0

S2606 0.0 S2606

0.0

S2606 0.0 S2606

S2606 1.1 S2606

S2606 0.0 S2606

0.0

0.0

0.0

S2606 0.0 S2606

0.0

0.0

S2606 6.1 S2606

0.0

S2606 0.0 S2606

0.0

0.0

0.0

S2606 0.0 S2606

0.0

S2606 1.7 S2606

0.0

0.0

S2606 6.9 S2606

0.0

0.0

S2606 0.0 S2606

S2606 3.5 S2606

S2606 0.0 S2606

0.0

0.0

0.0

0.0

S2606 0.1 S2606

0.0

S2606 0.0 S2606

S2606 0.0 S2606

S2606 0.7 S2606

S2606 1.1 S2606

0.0

0.0

S2606 0.0 S2606

S2606 0.1 S2606

0.0

S2606 0.0 S2606

0.0

0.0

Page 885: Economics of Photoelectricity - November 13 2012

S2606 0.0 S2606

0.0

S2606 0.1 S2606

S2606 27.4 S2606

0.0

0.0

S2606 0.0 S2606

S2606 1.8 S2606

S2606 1.3 S2606

S2606 0.0 S2606

0.0

0.0

0.0

0.0

S2606 6.1 S2606

0.0

0.0

S2606 0.1 S2606

0.0

0.0

0.0

0.0

0.3 S2606

0.0

0.0

0.0

S2606 0.1 S2606

0.0

S2606 0.5 S2606

S2606 0.0 S2606

S2606 2.2 S2606

0.0

0.0

S2606 0.0 S2606

S2606 0.0 S2606

S2606 2.0 S2606

S2606 0.0 S2606

S2606 1.5 S2606

S2606 0.0 S2606

0.0

S2606 0.1 S2606

0.0

0.0

S2606 0.1 S2606

0.0

0.0

0.0

S2606 0.0 S2606

0.0

0.0

0.0

0.0

S2606 0.0 S2606

S2606 0.0 S2606

0.0

0.0

0.0

0.0

0.0

0.0

0.0

Page 886: Economics of Photoelectricity - November 13 2012

0.0

0.0

S2606 0.2 S2606

S2606 0.5 S2606

S2606 0.0 S2606

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

S2606 1.3 S2606

0.0

0.0

S2606 0.1 S2606

S2606 0.1 S2606

0.0

0.0

0.0

S2606 14.3 S2606

S2606 0.2 S2606

0.0

0.0

0.0

0.0

0.0

S2606 0.1 S2606

S2606 0.4 S2606

0.0

0.0

S2606 0.1 S2606

S2606 0.0 S2606

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

S2606 0.0 S2606

S2606 0.2 S2606

S2606 0.1 S2606

0.0

0.0

S2606 0.2 S2606

S2606 0.9 S2606

S2606 0.0 S2606

S2606 0.1 S2606

0.0

S2606 3.9 S2606

S2606 0.4 S2606

Page 887: Economics of Photoelectricity - November 13 2012

0.0

S2606 0.7 S2606

0.0

0.0

S2606 0.8 S2606

0.0

0.0

S2606 0.0 S2606

0.0

S2606 0.1 S2606

0.0

0.0

0.0

S2606 0.0 S2606

0.0

0.0

S2606 2.0 S2606

S2606 12.1 S2606

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

S2606 59.1 S2606

0.0

0.0

0.0

Page 888: Economics of Photoelectricity - November 13 2012

Megawatts 2005 Source 2006 Source 2007 Source 2008 Source

Afghanistan 0 0 0 0

Africa 122.3 S2610 122.3 S2610 122.3 S2610 122.3 S2610

Albania 0 0 0 0

Algeria 0 0 0 0

American Samoa 0 0 0 0

Angola 0 0 0 0

Antarctica 0 0 0 0

Antigua and Barbuda 0 0 0 0

Argentina 0 0 0 0

Armenia 0 0 0 0

Aruba 0 0 0 0

Asia & Oceania 3809.3 S2610 3806.3 S2610 3958.8 S2610 4168.8 S2610

Australia 0 0 0 0

Austria 2 S2610 2 S2610 2 S2610 1 S2610

Azerbaijan 0 0 0 0

Bahamas, The 0 0 0 0

Bahrain 0 0 0 0

Bangladesh 0 0 0 0

Barbados 0 0 0 0

Belarus 0 0 0 0

Belgium 0 0 0 0

Belize 0 0 0 0

Benin 0 0 0 0

Bermuda 0 0 0 0

Bhutan 0 0 0 0

Bolivia 0 0 0 0

Bosnia and Herzegovina 0 0 0 0

Botswana 0 0 0 0

Brazil 0 0 0 0

Brunei 0 0 0 0

Bulgaria 0 0 0 0

Burkina Faso 0 0 0 0

Burma (Myanmar) 0 0 0 0

Burundi 0 0 0 0

Cambodia 0 0 0 0

Cameroon 0 0 0 0

Canada 0 0 0 0

Cape Verde 0 0 0 0

Cayman Islands 0 0 0 0

Central & South America 444.7 S2610 444.7 S2610 508.9 S2610 508.9 S2610

Central African Republic 0 0 0 0

Chad 0 0 0 0

Chile 0 0 0 0

China 30 S2610 30 S2610 30 S2610 30 S2610

Colombia 0 0 0 0

Comoros 0 0 0 0

Congo (Brazzaville) 0 0 0 0

Congo (Kinshasa) 0 0 0 0

Cook Islands 0 0 0 0

Costa Rica 160 S2610 160 S2610 160 S2610 160 S2610

Cote dIvoire (IvoryCoast) 0 0 0 0

Croatia 0 0 0 0

Cuba 0 0 0 0

Cyprus 0 0 0 0

Czech Republic 0 0 0 0

Denmark 0 0 0 0

Djibouti 0 0 0 0

Dominica 0 0 0 0

Dominican Republic 0 0 0 0

Ecuador 0 0 0 0

Egypt 0 0 0 0

El Salvador 151.2 S2610 151.2 S2610 204.4 S2610 204.4 S2610

Equatorial Guinea 0 0 0 0

Eritrea 0 0 0 0

Page 889: Economics of Photoelectricity - November 13 2012

Estonia 0 0 0 0

Ethiopia 7.3 S2610 7.3 S2610 7.3 S2610 7.3 S2610

Eurasia 79 S2610 79 S2610 81.9 S2610 81.9 S2610

Europe 935 S2610 1144 S2610 1209 S2610 1310.5 S2610

Falkland Islands (Islas Malvinas) 0 0 0 0

Faroe Islands 0 0 0 0

Fiji 0 0 0 0

Finland 0 0 0 0

France 0 0 0 1.5

French Guiana 0 0 0 0

French Polynesia 0 0 0 0

Gabon 0 0 0 0

Gambia, The 0 0 0 0

Georgia 0 0 0 0

Germany 1 S2610 1 S2610 3 S2610 7 S2610

Ghana 0 0 0 0

Gibraltar 0 0 0 0

Greece 0 0 0 0

Greenland 0 0 0 0

Grenada 0 0 0 0

Guadeloupe 14.5 S2610 14.5 S2610 14.5 S2610 14.5 S2610

Guam 0 0 0 0

Guatemala 29 S2610 29 S2610 40 S2610 40 S2610

Guinea 0 0 0 0

Guinea-Bissau 0 0 0 0

Guyana 0 0 0 0

Haiti 0 0 0 0

Honduras 0 0 0 0

Hong Kong 0 0 0 0

Hungary 0 0 0 0

Iceland 232 S2610 422 S2610 485 S2610 575 S2610

India 0 0 0 0

Indonesia 800 S2610 800 S2610 932.5 S2610 1002.5 S2610

Iran 0 0 0 0

Iraq 0 0 0 0

Ireland 0 0 0 0

Israel 0 0 0 0

Italy 671 S2610 671 S2610 671 S2610 671 S2610

Jamaica 0 0 0 0

Japan 535 S2610 532 S2610 532 S2610 532 S2610

Jordan 0 0 0 0

Kazakhstan 0 0 0 0

Kenya 115 S2610 115 S2610 115 S2610 115 S2610

Kiribati 0 0 0 0

Korea, North 0 0 0 0

Korea, South 0 0 0 0

Kuwait 0 0 0 0

Kyrgyzstan 0 0 0 0

Laos 0 0 0 0

Latvia 0 0 0 0

Lebanon 0 0 0 0

Lesotho 0 0 0 0

Liberia 0 0 0 0

Libya 0 0 0 0

Lithuania 0 0 0 0

Luxembourg 0 0 0 0

Macau 0 0 0 0

Macedonia 0 0 0 0

Madagascar 0 0 0 0

Malawi 0 0 0 0

Malaysia 0 0 0 0

Maldives 0 0 0 0

Mali 0 0 0 0

Malta 0 0 0 0

Martinique 0 0 0 0

Page 890: Economics of Photoelectricity - November 13 2012

Mauritania 0 0 0 0

Mauritius 0 0 0 0

Mexico 960 S2610 960 S2610 960 S2610 965 S2610

Middle East 0 0 0 0

Moldova 0 0 0 0

Mongolia 0 0 0 0

Montenegro 0 0 0

Montserrat 0 0 0 0

Morocco 0 0 0 0

Mozambique 0 0 0 0

Namibia 0 0 0 0

Nauru 0 0 0 0

Nepal 0 0 0 0

Netherlands 0 0 0 0

Netherlands Antilles 0 0 0 0

New Caledonia 0 0 0 0

New Zealand 430 S2610 430 S2610 450 S2610 590 S2610

Nicaragua 90 S2610 90 S2610 90 S2610 90 S2610

Niger 0 0 0 0

Nigeria 0 0 0 0

Niue 0 0 0 0

North America 3245.3 S2610 3233.98 S2610 3174.2 S2610 3193.8 S2610

Norway 0 0 0 0

Oman 0 0 0 0

Pakistan 0 0 0 0

Palestine 0 0 0 0

Panama 0 0 0 0

Papua New Guinea 36 S2610 36 S2610 56 S2610 56 S2610

Paraguay 0 0 0 0

Peru 0 0 0 0

Philippines 1978 S2610 1978 S2610 1958 S2610 1958 S2610

Poland 0 0 0 0

Portugal 14 S2610 25 S2610 25 S2610 25 S2610

Puerto Rico 0 0 0 0

Qatar 0 0 0 0

Reunion 0 0 0 0

Romania 0 0 0 0

Russia 79 S2610 79 S2610 81.9 S2610 81.9 S2610

Rwanda 0 0 0 0

Saint Helena 0 0 0 0

Saint Kitts and Nevis 0 0 0 0

Saint Lucia 0 0 0 0

Saint Pierre and Miquelon 0 0 0 0

Saint Vincent/Grenadines 0 0 0 0

Samoa 0 0 0 0

Sao Tome and Principe 0 0 0 0

Saudi Arabia 0 0 0 0

Senegal 0 0 0 0

Serbia 0 0 0

Seychelles 0 0 0 0

Sierra Leone 0 0 0 0

Singapore 0 0 0 0

Slovakia 0 0 0 0

Slovenia 0 0 0 0

Solomon Islands 0 0 0 0

Somalia 0 0 0 0

South Africa 0 0 0 0

Spain 0 0 0 0

Sri Lanka 0 0 0 0

Sudan and South Sudan 0 0 0 0

Suriname 0 0 0 0

Swaziland 0 0 0 0

Sweden 0 0 0 0

Switzerland 0 0 0 0

Syria 0 0 0 0

Page 891: Economics of Photoelectricity - November 13 2012

Taiwan 0 0 0 0

Tajikistan 0 0 0 0

Tanzania 0 0 0 0

Thailand 0.3 S2610 0.3 S2610 0.3 S2610 0.3 S2610

Timor-Leste (East Timor) 0 0 0 0

Togo 0 0 0 0

Tonga 0 0 0 0

Trinidad and Tobago 0 0 0 0

Tunisia 0 0 0 0

Turkey 15 S2610 23 S2610 23 S2610 30 S2610

Turkmenistan 0 0 0 0

Turks and Caicos Islands 0 0 0 0

U.S. Pacific Islands 0 0 0 0

Uganda 0 0 0 0

Ukraine 0 0 0 0

United Arab Emirates 0 0 0 0

United Kingdom 0 0 0 0

United States 2285.3 S2610 2273.98 S2610 2214.2 S2610 2228.8 S2610

Uruguay 0 0 0 0

Uzbekistan 0 0 0 0

Vanuatu 0 0 0 0

Venezuela 0 0 0 0

Vietnam 0 0 0 0

Virgin Islands, U.S. 0 0 0 0

Virgin Islands, British 0 0 0 0

Wake Island 0 0 0 0

Western Sahara 0 0 0 0

World 8635.6 S2610 8830.28 S2610 9055.1 S2610 9386.2 S2610

Yemen 0 0 0 0

Zambia 0 0 0 0

Zimbabwe 0 0 0 0

Page 892: Economics of Photoelectricity - November 13 2012

2009 Source 2010 Source 2011 Source

0

177.3 S2610

0

0

0

0

0

0

0

0

0

4393.3 S2610

0

1 S2610

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

508.9 S2610

0

0

0

30 S2610

0

0

0

0

0

160 S2610

0

0

0

0

0

0

0

0

0

0

0

204.4 S2610

0

0

Page 893: Economics of Photoelectricity - November 13 2012

0

7.3 S2610

81.9 S2610

1381.5 S2610

0

0

0

0

1.5

0

0

0

0

0

7 S2610

0

0

0

0

0

14.5 S2610

0

40 S2610

0

0

0

0

0

0

0

575 S2610

0

1189 S2610

0

0

0

0

695 S2610

0

535 S2610

0

0

170 S2610

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Page 894: Economics of Photoelectricity - November 13 2012

0

0

964 S2610

0

0

0

0

0

0

0

0

0

0

0

0

0

630 S2610

90 S2610

0

0

0

3345.9 S2610

0

0

0

0

0

56 S2610

0

0

1953 S2610

0

25 S2610

0

0

0

0

81.9 S2610

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Page 895: Economics of Photoelectricity - November 13 2012

0

0

0

0.3 S2610

0

0

0

0

0

77 S2610

0

0

0

0

0

0

0

2381.9 S2610

0

0

0

0

0

0

0

0

0

9888.8 S2610

0

0

0

Page 896: Economics of Photoelectricity - November 13 2012

Gigawatts 2002 Source 2003 Source 2004 Source 2005

Afghanistan 0.4

Africa 21.6

Albania 1.4

Algeria 0.3

American Samoa 0.0

Angola 0.5

Antarctica 0.0

Antigua and Barbuda 0.0

Argentina 8.9

Armenia 1.0

Aruba 0.0

Asia & Oceania 223.9

Australia 7.8

Austria 7.7

Azerbaijan 1.0

Bahamas, The 0.0

Bahrain 0.0

Bangladesh 0.2

Barbados 0.0

Belarus 0.0

Belgium 0.1

Belize 0.0

Benin 0.0

Bermuda 0.0

Bhutan 0.5

Bolivia 0.5

Bosnia and Herzegovina 2.4

Botswana 0.0

Brazil 70.9

Brunei 0.0

Bulgaria 2.0

Burkina Faso 0.0

Burma (Myanmar) 0.5

Burundi 0.0

Cambodia 0.0

Cameroon 0.8

Canada 71.8

Cape Verde 0.0

Cayman Islands 0.0

Central & South America 127.9

Central African Republic 0.0

Chad 0.0

Chile 5.2

China 117.4

Colombia 8.9

Comoros 0.0

Congo (Brazzaville) 0.1

Congo (Kinshasa) 2.4

Cook Islands 0.0

Costa Rica 1.3

Cote dIvoire (IvoryCoast) 0.6

Croatia 1.8

Cuba 0.0

Cyprus 0.0

Czech Republic 1.0

Denmark 0.0

Djibouti 0.0

Dominica 0.0

Dominican Republic 0.5

Ecuador 1.8

Egypt 2677.0 P662 2744.0 P662 2744.0 P662 2744.0

El Salvador 0.5

Equatorial Guinea 0.0

Eritrea 0.0

Page 897: Economics of Photoelectricity - November 13 2012

Estonia 0.0

Ethiopia 0.7

Eurasia 67.9

Europe 162.4

Falkland Islands (Islas Malvinas) 0.0

Faroe Islands 0.0

Fiji 0.1

Finland 3.0

France 20.8

French Guiana 0.0

French Polynesia 0.0

Gabon 0.2

Gambia, The 0.0

Georgia 2.7

Germany 4.1

Ghana 1.2

Gibraltar 0.0

Greece 2.4

Greenland 0.0

Grenada 0.0

Guadeloupe 0.0

Guam 0.0

Guatemala 0.7

Guinea 0.1

Guinea-Bissau 0.0

Guyana 0.0

Haiti 0.1

Hawaiian Trade Zone

Honduras 0.5

Hong Kong 0.0

Hungary 0.0

Iceland 1.2

India 34.2

Indonesia 4.6

Iran 5.1

Iraq 1.9

Ireland 0.2

Israel 0.0

Italy 13.9

Jamaica 0.0

Japan 22.1

Jordan 0.0

Kazakhstan 2.2

Kenya 0.7

Kiribati 0.0

Korea, North 5.0

Korea, South 1.6

Kuwait 0.0

Kyrgyzstan 2.9

Laos 0.7

Latvia 1.5

Lebanon 0.3

Lesotho 0.1

Liberia 0.0

Libya 0.0

Lithuania 0.1

Luxembourg 0.0

Macau 0.0

Macedonia 0.5

Madagascar 0.1

Malawi 0.3

Malaysia 2.1

Maldives 0.0

Mali 0.2

Page 898: Economics of Photoelectricity - November 13 2012

Malta 0.0

Martinique 0.0

Mauritania 0.1

Mauritius 0.1

Mexico 10.6

Middle East 8.7

Moldova 0.1

Mongolia 0.0

Montenegro

Montserrat 0.0

Morocco 1.5

Mozambique 2.2

Namibia 0.2

Nauru 0.0

Nepal 0.6

Netherlands 0.0

Netherlands Antilles 0.0

New Caledonia 0.1

New Zealand 5.3

Nicaragua 0.1

Niger 0.0

Nigeria 1.9

Niue 0.0

North America 159.9

Norway 26.2

Oman 0.0

Pakistan 6.5

Palestine 0.0

Panama 0.9

Papua New Guinea 0.2

Paraguay 7.4

Peru 3.2

Philippines 3.2

Poland 0.9

Portugal 4.5

Puerto Rico 0.1

Qatar 0.0

Reunion 0.1

Romania 6.3

Russia 45.8

Rwanda 0.0

Saint Helena 0.0

Saint Kitts and Nevis 0.0

Saint Lucia 0.0

Saint Pierre and Miquelon 0.0

Saint Vincent/Grenadines 0.0

Samoa 0.0

Sao Tome and Principe 0.0

Saudi Arabia 0.0

Senegal 0.0

Serbia

Seychelles 0.0

Sierra Leone 0.0

Singapore 0.0

Slovakia 1.6

Slovenia 1.0

Solomon Islands 0.0

Somalia 0.0

South Africa 0.7

Spain 12.9

Sri Lanka 1.3

Sudan and South Sudan 0.3

Suriname 0.2

Swaziland 0.0

Sweden 16.3

Page 899: Economics of Photoelectricity - November 13 2012

Switzerland 13.4

Syria 1.5

Taiwan 1.9

Tajikistan 4.0

Tanzania 0.6

Thailand 3.5

Timor-Leste (East Timor) 0.0

Togo 0.1

Tonga 0.0

Trinidad and Tobago 0.0

Tunisia 0.1

Turkey 12.9

Turkmenistan 0.0

Turks and Caicos Islands 0.0

U.S. Pacific Islands 0.0

Uganda 0.3

Ukraine 4.7

United Arab Emirates 0.0

United Kingdom 1.5

United States 77.5

Uruguay 1.5

Uzbekistan 1.7

Vanuatu 0.0

Venezuela 14.6

Vietnam 4.2

Virgin Islands, U.S. 0.0

Virgin Islands, British 0.0

Wake Island 0.0

Western Sahara 0.0

World 772.4

Yemen 0.0

Zambia 1.7

Zimbabwe 0.7

Page 900: Economics of Photoelectricity - November 13 2012

Source 2006 Source 2007 Source 2008 Source 2009 Source

S2608 0.4 S2608 0.4 S2608 0.4 S2608 0.4 S2608

S2608 21.3 S2608 21.5 S2608 21.9 S2608 23.1 S2608

S2608 1.4 S2608 1.4 S2608 1.5 S2608 1.5 S2608

S2608 0.3 S2608 0.3 S2608 0.3 S2608 0.3 S2608

0.0 0.0 0.0 0.0

S2608 0.5 S2608 0.5 S2608 0.5 S2608 0.5 S2608

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

S2608 8.9 S2608 9.0 S2608 9.0 S2608 9.1 S2608

S2608 1.1 S2608 1.1 S2608 1.1 S2608 1.1 S2608

0.0 0.0 0.0 0.0

S2608 239.5 S2608 258.2 S2608 286.0 S2608 312.7 S2608

S2608 7.8 S2608 7.8 S2608 7.8 S2608 7.8 S2608

S2608 7.7 S2608 7.9 S2608 7.9 S2608 8.1 S2608

S2608 1.0 S2608 1.0 S2608 1.0 S2608 1.0 S2608

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

S2608 0.2 S2608 0.2 S2608 0.2 S2608 0.2 S2608

0.0 0.0 0.0 0.0

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

S2608 0.1 S2608 0.1 S2608 0.1 S2608 0.1 S2608

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

0.0 0.0 0.0 0.0

S2608 1.5 S2608 1.5 S2608 1.5 S2608 1.5 S2608

S2608 0.5 S2608 0.5 S2608 0.4 S2608 0.5 S2608

S2608 2.4 S2608 2.4 S2608 2.4 S2608 2.4 S2608

0.0 0.0 0.0 0.0

S2608 73.4 S2608 76.9 S2608 77.9 S2608 79.3 S2608

0.0 0.0 0.0 0.0

S2608 2.0 S2608 2.0 S2608 2.1 S2608 2.1 S2608

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

S2608 0.5 S2608 0.6 S2608 0.6 S2608 0.6 S2608

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.1 S2608

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

S2608 0.8 S2608 0.8 S2608 0.8 S2608 0.8 S2608

S2608 72.7 S2608 73.3 S2608 74.2 S2608 74.9 S2608

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

S2608 131.3 S2608 135.2 S2608 136.4 S2608 138.9 S2608

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

0.0 0.0 0.0 0.0

S2608 5.2 S2608 5.3 S2608 5.4 S2608 5.4 S2608

S2608 128.6 S2608 145.3 S2608 171.5 S2608 196.8 S2608

S2608 9.0 S2608 9.0 S2608 8.9 S2608 9.0 S2608

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

S2608 0.1 S2608 0.1 S2608 0.1 S2608 0.1 S2608

S2608 2.4 S2608 2.4 S2608 2.4 S2608 2.4 S2608

0.0 0.0 0.0 0.0

S2608 1.4 S2608 1.4 S2608 1.5 S2608 1.5 S2608

S2608 0.6 S2608 0.6 S2608 0.6 S2608 0.6 S2608

S2608 1.8 S2608 1.8 S2608 1.8 S2608 1.8 S2608

S2608 0.0 S2608 0.0 S2608 0.1 S2608 0.1 S2608

0.0 0.0 0.0 0.0

S2608 1.0 S2608 1.0 S2608 1.0 S2608 1.0 S2608

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

0.0 0.0 0.0 0.0

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

S2608 0.5 S2608 0.5 S2608 0.5 S2608 0.5 S2608

S2608 1.8 S2608 2.1 S2608 2.0 S2608 2.1 S2608

P662 2792.0 P662 2783.0 P662 2842.0 P662 2842.0 P662

S2608 0.5 S2608 0.5 S2608 0.5 S2608 0.5 S2608

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

0.0 0.0 0.0 0.0

Page 901: Economics of Photoelectricity - November 13 2012

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

S2608 0.7 S2608 0.7 S2608 0.8 S2608 1.0 S2608

S2608 68.3 S2608 69.2 S2608 69.5 S2608 70.0 S2608

S2608 163.7 S2608 165.2 S2608 166.5 S2608 168.7 S2608

0.0 0.0 0.0 0.0

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

S2608 0.1 S2608 0.1 S2608 0.1 S2608 0.1 S2608

S2608 3.1 S2608 3.1 S2608 3.1 S2608 3.1 S2608

S2608 20.8 S2608 20.8 S2608 20.8 S2608 21.0 S2608

0.0 0.0 0.0 0.0

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

S2608 0.2 S2608 0.2 S2608 0.2 S2608 0.2 S2608

0.0 0.0 0.0 0.0

S2608 2.6 S2608 2.6 S2608 2.9 S2608 2.9 S2608

S2608 4.1 S2608 3.5 S2608 3.5 S2608 4.0 S2608

S2608 1.2 S2608 1.2 S2608 1.2 S2608 1.2 S2608

0.0 0.0 0.0 0.0

S2608 2.4 S2608 2.5 S2608 2.5 S2608 2.4 S2608

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

0.0 0.0 0.0 0.0

S2608 0.7 S2608 0.8 S2608 0.8 S2608 0.8 S2608

S2608 0.1 S2608 0.1 S2608 0.1 S2608 0.1 S2608

0.0 0.0 0.0 0.0

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

S2608 0.1 S2608 0.1 S2608 0.1 S2608 0.1 S2608

S2608 0.5 S2608 0.5 S2608 0.5 S2608 0.5 S2608

0.0 0.0 0.0 0.0

S2608 0.0 S2608 0.0 S2608 0.1 S2608 0.1 S2608

S2608 1.2 S2608 1.8 S2608 1.9 S2608 1.9 S2608

S2608 36.6 S2608 38.1 S2608 39.3 S2608 39.6 S2608

S2608 4.9 S2608 4.9 S2608 4.9 S2608 4.9 S2608

S2608 6.3 S2608 7.1 S2608 7.7 S2608 7.7 S2608

S2608 2.2 S2608 2.3 S2608 2.5 S2608 2.5 S2608

S2608 0.2 S2608 0.2 S2608 0.2 S2608 0.2 S2608

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

S2608 13.5 S2608 13.6 S2608 13.7 S2608 13.8 S2608

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

S2608 22.2 S2608 21.8 S2608 21.9 S2608 21.8 S2608

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

S2608 2.2 S2608 2.2 S2608 2.2 S2608 2.2 S2608

S2608 0.7 S2608 0.7 S2608 0.7 S2608 0.7 S2608

0.0 0.0 0.0 0.0

S2608 5.0 S2608 5.0 S2608 5.0 S2608 5.0 S2608

S2608 1.6 S2608 1.6 S2608 1.6 S2608 1.6 S2608

0.0 0.0 0.0 0.0

S2608 2.9 S2608 2.9 S2608 2.9 S2608 2.9 S2608

S2608 0.7 S2608 0.7 S2608 0.7 S2608 1.8 S2608

S2608 1.5 S2608 1.5 S2608 1.5 S2608 1.5 S2608

S2608 0.3 S2608 0.3 S2608 0.3 S2608 0.3 S2608

S2608 0.1 S2608 0.1 S2608 0.1 S2608 0.1 S2608

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

S2608 0.1 S2608 0.1 S2608 0.1 S2608 0.1 S2608

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

0.0 0.0 0.0 0.0

S2608 0.5 S2608 0.5 S2608 0.5 S2608 0.5 S2608

S2608 0.1 S2608 0.1 S2608 0.1 S2608 0.1 S2608

S2608 0.3 S2608 0.3 S2608 0.3 S2608 0.3 S2608

S2608 2.1 S2608 2.1 S2608 2.1 S2608 2.1 S2608

0.0 0.0 0.0 0.0

S2608 0.2 S2608 0.2 S2608 0.2 S2608 0.2 S2608

Page 902: Economics of Photoelectricity - November 13 2012

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

S2608 0.1 S2608 0.1 S2608 0.1 S2608 0.1 S2608

S2608 0.1 S2608 0.1 S2608 0.1 S2608 0.1 S2608

S2608 10.8 S2608 11.6 S2608 11.5 S2608 11.5 S2608

S2608 10.3 S2608 11.1 S2608 11.6 S2608 11.8 S2608

S2608 0.1 S2608 0.1 S2608 0.1 S2608 0.1 S2608

0.0 0.0 0.0 0.0

0.7 S2608 0.7 S2608 0.7 S2608 0.7 S2608

0.0 0.0 0.0 0.0

S2608 1.3 S2608 1.3 S2608 1.3 S2608 1.3 S2608

S2608 2.2 S2608 2.3 S2608 2.2 S2608 2.2 S2608

S2608 0.2 S2608 0.2 S2608 0.2 S2608 0.2 S2608

0.0 0.0 0.0 0.0

S2608 0.6 S2608 0.6 S2608 0.7 S2608 0.7 S2608

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

0.0 0.0 0.0 0.0

S2608 0.1 S2608 0.1 S2608 0.1 S2608 0.1 S2608

S2608 5.3 S2608 5.3 S2608 5.4 S2608 5.4 S2608

S2608 0.1 S2608 0.1 S2608 0.1 S2608 0.1 S2608

0.0 0.0 0.0 0.0

S2608 1.9 S2608 1.9 S2608 1.9 S2608 1.9 S2608

0.0 0.0 0.0 0.0

S2608 161.3 S2608 162.7 S2608 163.6 S2608 165.0 S2608

S2608 27.4 S2608 27.6 S2608 28.1 S2608 28.2 S2608

0.0 0.0 0.0 0.0

S2608 6.5 S2608 6.5 S2608 6.5 S2608 6.6 S2608

0.0 0.0 0.0 0.0

S2608 0.8 S2608 0.8 S2608 0.9 S2608 0.9 S2608

S2608 0.2 S2608 0.2 S2608 0.2 S2608 0.2 S2608

S2608 8.1 S2608 8.1 S2608 8.1 S2608 8.8 S2608

S2608 3.2 S2608 3.2 S2608 3.2 S2608 3.3 S2608

S2608 3.3 S2608 3.3 S2608 3.3 S2608 3.3 S2608

S2608 0.9 S2608 0.9 S2608 0.9 S2608 0.9 S2608

S2608 4.0 S2608 4.0 S2608 4.0 S2608 4.1 S2608

S2608 0.1 S2608 0.2 S2608 0.2 S2608 0.2 S2608

0.0 0.0 0.0 0.0

S2608 0.1 S2608 0.1 S2608 0.1 S2608 0.1 S2608

S2608 6.3 S2608 6.3 S2608 6.4 S2608 6.4 S2608

S2608 46.1 S2608 46.8 S2608 46.8 S2608 47.0 S2608

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

2.2 S2608 2.2 S2608 2.2 S2608 2.2 S2608

0.0 0.0 0.0 0.0

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

0.0 0.0 0.0 0.0

S2608 1.6 S2608 1.6 S2608 1.6 S2608 1.6 S2608

S2608 1.0 S2608 1.0 S2608 1.0 S2608 1.1 S2608

0.0 0.0 0.0 0.0

0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

S2608 0.7 S2608 0.7 S2608 0.7 S2608 0.7 S2608

S2608 13.0 S2608 13.0 S2608 13.1 S2608 13.2 S2608

S2608 1.3 S2608 1.3 S2608 1.4 S2608 1.4 S2608

S2608 0.3 S2608 0.3 S2608 0.6 S2608 1.6 S2608

S2608 0.2 S2608 0.2 S2608 0.2 S2608 0.2 S2608

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

S2608 16.2 S2608 16.6 S2608 16.4 S2608 16.5 S2608

Page 903: Economics of Photoelectricity - November 13 2012

S2608 13.4 S2608 13.5 S2608 13.5 S2608 13.5 S2608

S2608 1.5 S2608 1.5 S2608 1.2 S2608 1.3 S2608

S2608 1.9 S2608 1.9 S2608 1.9 S2608 1.9 S2608

S2608 4.0 S2608 4.0 S2608 4.0 S2608 4.0 S2608

S2608 0.6 S2608 0.6 S2608 0.6 S2608 0.6 S2608

S2608 3.5 S2608 3.5 S2608 3.5 S2608 3.5 S2608

0.0 0.0 0.0 0.0

S2608 0.1 S2608 0.1 S2608 0.1 S2608 0.1 S2608

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

S2608 0.1 S2608 0.1 S2608 0.1 S2608 0.1 S2608

S2608 13.1 S2608 13.4 S2608 13.8 S2608 14.6 S2608

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

0.0 0.0 0.0 0.0

S2608 0.0 S2608 0.0 S2608 0.0 S2608 0.0 S2608

S2608 0.3 S2608 0.3 S2608 0.3 S2608 0.3 S2608

S2608 4.9 S2608 5.0 S2608 5.1 S2608 5.4 S2608

0.0 0.0 0.0 0.0

S2608 1.5 S2608 1.5 S2608 1.6 S2608 1.6 S2608

S2608 77.8 S2608 77.9 S2608 77.9 S2608 78.5 S2608

S2608 1.5 S2608 1.5 S2608 1.5 S2608 1.5 S2608

S2608 1.7 S2608 1.7 S2608 1.7 S2608 1.7 S2608

0.0 0.0 0.0 0.0

S2608 14.6 S2608 14.6 S2608 14.6 S2608 14.6 S2608

S2608 4.6 S2608 5.5 S2608 5.5 S2608 5.5 S2608

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

S2608 795.7 S2608 823.2 S2608 855.5 S2608 890.1 S2608

0.0 0.0 0.0 0.0

S2608 1.6 S2608 1.7 S2608 1.7 S2608 1.7 S2608

S2608 0.7 S2608 0.7 S2608 0.7 S2608 0.7 S2608

Page 904: Economics of Photoelectricity - November 13 2012

2010 Source 2011 Source

2851 P662 2858 P662

Page 905: Economics of Photoelectricity - November 13 2012

Gigawatts 2005 Source 2006 Source 2007

Afghanistan 0.0 0.0 0.0

Africa 1.8 S2607 1.8 S2607 1.8

Albania 0.0 0.0 0.0

Algeria 0.0 0.0 0.0

American Samoa 0.0 0.0 0.0

Angola 0.0 0.0 0.0

Antarctica 0.0 0.0 0.0

Antigua and Barbuda 0.0 0.0 0.0

Argentina 1.0 S2607 1.0 S2607 1.0

Armenia 0.4 S2607 0.4 S2607 0.4

Aruba 0.0 0.0 0.0

Asia & Oceania 82.7 S2607 84.6 S2607 85.9

Australia 0.0 0.0 0.0

Austria 0.0 0.0 0.0

Azerbaijan 0.0 0.0 0.0

Bahamas, The 0.0 0.0 0.0

Bahrain 0.0 0.0 0.0

Bangladesh 0.0 0.0 0.0

Barbados 0.0 0.0 0.0

Belarus 0.0 0.0 0.0

Belgium 5.8 S2607 5.8 S2607 5.8

Belize 0.0 0.0 0.0

Benin 0.0 0.0 0.0

Bermuda 0.0 0.0 0.0

Bhutan 0.0 0.0 0.0

Bolivia 0.0 0.0 0.0

Bosnia and Herzegovina 0.0 0.0 0.0

Botswana 0.0 0.0 0.0

Brazil 2.0 S2607 2.0 S2607 2.0

Brunei 0.0 0.0 0.0

Bulgaria 2.9 S2607 2.9 S2607 1.9

Burkina Faso 0.0 0.0 0.0

Burma (Myanmar) 0.0 0.0 0.0

Burundi 0.0 0.0 0.0

Cambodia 0.0 0.0 0.0

Cameroon 0.0 0.0 0.0

Canada 13.3 S2607 13.3 S2607 13.3

Cape Verde 0.0 0.0 0.0

Cayman Islands 0.0 0.0 0.0

Central & South America 3.0 S2607 3.0 S2607 3.0

Central African Republic 0.0 0.0 0.0

Chad 0.0 0.0 0.0

Chile 0.0 0.0 0.0

China GW 7.0 S2607 8.0 S2607 9.0

China TWh

Colombia 0.0 0.0 0.0

Comoros 0.0 0.0 0.0

Congo (Brazzaville) 0.0 0.0 0.0

Congo (Kinshasa) 0.0 0.0 0.0

Cook Islands 0.0 0.0 0.0

Costa Rica 0.0 0.0 0.0

Cote dIvoire (IvoryCoast) 0.0 0.0 0.0

Croatia 0.0 0.0 0.0

Cuba 0.0 0.0 0.0

Cyprus 0.0 0.0 0.0

Czech Republic 3.8 S2607 3.8 S2607 3.8

Denmark 0.0 0.0 0.0

Djibouti 0.0 0.0 0.0

Dominica 0.0 0.0 0.0

Dominican Republic 0.0 0.0 0.0

Ecuador 0.0 0.0 0.0

Egypt 0.0 0.0 0.0

El Salvador 0.0 0.0 0.0

Equatorial Guinea 0.0 0.0 0.0

Page 906: Economics of Photoelectricity - November 13 2012

Eritrea 0.0 0.0 0.0

Estonia 0.0 0.0 0.0

Ethiopia 0.0 0.0 0.0

Eurasia 38.6 S2607 38.6 S2607 38.6

Europe 137.2 S2607 136.0 S2607 134.8

Falkland Islands (Islas Malvinas) 0.0 0.0 0.0

Faroe Islands 0.0 0.0 0.0

Fiji 0.0 0.0 0.0

Finland 2.7 S2607 2.7 S2607 2.7

France 63.3 S2607 63.3 S2607 63.3

French Guiana 0.0 0.0 0.0

French Polynesia 0.0 0.0 0.0

Gabon 0.0 0.0 0.0

Gambia, The 0.0 0.0 0.0

Georgia 0.0 0.0 0.0

Germany 20.4 S2607 20.2 S2607 20.2

Ghana 0.0 0.0 0.0

Gibraltar 0.0 0.0 0.0

Greece 0.0 0.0 0.0

Greenland 0.0 0.0 0.0

Grenada 0.0 0.0 0.0

Guadeloupe 0.0 0.0 0.0

Guam 0.0 0.0 0.0

Guatemala 0.0 0.0 0.0

Guinea 0.0 0.0 0.0

Guinea-Bissau 0.0 0.0 0.0

Guyana 0.0 0.0 0.0

Haiti 0.0 0.0 0.0

Honduras 0.0 0.0 0.0

Hong Kong 0.0 0.0 0.0

Hungary 1.9 S2607 1.9 S2607 1.8

Iceland 0.0 0.0 0.0

India GW 3.4 S2607 3.9 S2607 4.1

India TWh

Indonesia 0.0 0.0 0.0

Iran 0.0 0.0 0.0

Iraq 0.0 0.0 0.0

Ireland 0.0 0.0 0.0

Israel 0.0 0.0 0.0

Italy 0.0 0.0 0.0

Jamaica 0.0 0.0 0.0

Japan GW 49.6 S2607 49.5 S2607 49.5

Japan TWh

Jordan 0.0 0.0 0.0

Kazakhstan 0.0 0.0 0.0

Kenya 0.0 0.0 0.0

Kiribati 0.0 0.0 0.0

Korea, North 0.0 0.0 0.0

Korea, South GW 17.2 S2607 17.7 S2607 17.7

Korea, South TWh

Kuwait 0.0 0.0 0.0

Kyrgyzstan 0.0 0.0 0.0

Laos 0.0 0.0 0.0

Latvia 0.0 0.0 0.0

Lebanon 0.0 0.0 0.0

Lesotho 0.0 0.0 0.0

Liberia 0.0 0.0 0.0

Libya 0.0 0.0 0.0

Lithuania 1.2 S2607 1.2 S2607 1.2

Luxembourg 0.0 0.0 0.0

Macau 0.0 0.0 0.0

Macedonia 0.0 0.0 0.0

Madagascar 0.0 0.0 0.0

Malawi 0.0 0.0 0.0

Malaysia 0.0 0.0 0.0

Page 907: Economics of Photoelectricity - November 13 2012

Maldives 0.0 0.0 0.0

Mali 0.0 0.0 0.0

Malta 0.0 0.0 0.0

Martinique 0.0 0.0 0.0

Mauritania 0.0 0.0 0.0

Mauritius 0.0 0.0 0.0

Mexico 1.4 S2607 1.4 S2607 1.4

Middle East 0.0 0.0 0.0

Moldova 0.0 0.0 0.0

Mongolia 0.0 0.0 0.0

Montenegro 0.0 0.0

Montserrat 0.0 0.0 0.0

Morocco 0.0 0.0 0.0

Mozambique 0.0 0.0 0.0

Namibia 0.0 0.0 0.0

Nauru 0.0 0.0 0.0

Nepal 0.0 0.0 0.0

Netherlands 0.4 S2607 0.5 S2607 0.5

Netherlands Antilles 0.0 0.0 0.0

New Caledonia 0.0 0.0 0.0

New Zealand 0.0 0.0 0.0

Nicaragua 0.0 0.0 0.0

Niger 0.0 0.0 0.0

Nigeria 0.0 0.0 0.0

Niue 0.0 0.0 0.0

North America 114.7 S2607 115.0 S2607 115.0

Norway 0.0 0.0 0.0

Oman 0.0 0.0 0.0

Pakistan GW 0.5 S2607 0.5 S2607 0.5

Pakistan TWh

Palestine 0.0 0.0 0.0

Panama 0.0 0.0 0.0

Papua New Guinea 0.0 0.0 0.0

Paraguay 0.0 0.0 0.0

Peru 0.0 0.0 0.0

Philippines 0.0 0.0 0.0

Poland 0.0 0.0 0.0

Portugal 0.0 0.0 0.0

Puerto Rico 0.0 0.0 0.0

Qatar 0.0 0.0 0.0

Reunion 0.0 0.0 0.0

Romania 0.7 S2607 0.7 S2607 1.3

Russia 23.2 S2607 23.2 S2607 23.2

Rwanda 0.0 0.0 0.0

Saint Helena 0.0 0.0 0.0

Saint Kitts and Nevis 0.0 0.0 0.0

Saint Lucia 0.0 0.0 0.0

Saint Pierre and Miquelon 0.0 0.0 0.0

Saint Vincent/Grenadines 0.0 0.0 0.0

Samoa 0.0 0.0 0.0

Sao Tome and Principe 0.0 0.0 0.0

Saudi Arabia 0.0 0.0 0.0

Senegal 0.0 0.0 0.0

Serbia 0.0 0.0

Seychelles 0.0 0.0 0.0

Sierra Leone 0.0 0.0 0.0

Singapore 0.0 0.0 0.0

Slovakia 2.6 S2607 2.6 S2607 2.2

Slovenia 0.7 S2607 0.7 S2607 0.7

Solomon Islands 0.0 0.0 0.0

Somalia 0.0 0.0 0.0

South Africa 1.8 S2607 1.8 S2607 1.8

Spain 7.6 S2607 7.4 S2607 7.4

Sri Lanka 0.0 0.0 0.0

Sudan and South Sudan 0.0 0.0 0.0

Page 908: Economics of Photoelectricity - November 13 2012

Suriname 0.0 0.0 0.0

Swaziland 0.0 0.0 0.0

Sweden 9.5 S2607 9.5 S2607 9.1

Switzerland 3.2 S2607 3.2 S2607 3.2

Syria 0.0 0.0 0.0

Taiwan 5.1 S2607 5.1 S2607 5.1

Tajikistan 0.0 0.0 0.0

Tanzania 0.0 0.0 0.0

Thailand 0.0 0.0 0.0

Timor-Leste (East Timor) 0.0 0.0 0.0

Togo 0.0 0.0 0.0

Tonga 0.0 0.0 0.0

Trinidad and Tobago 0.0 0.0 0.0

Tunisia 0.0 0.0 0.0

Turkey 0.0 0.0 0.0

Turkmenistan 0.0 0.0 0.0

Turks and Caicos Islands 0.0 0.0 0.0

U.S. Pacific Islands 0.0 0.0 0.0

Uganda 0.0 0.0 0.0

Ukraine 13.8 S2607 13.8 S2607 13.8

United Arab Emirates 0.0 0.0 0.0

United Kingdom 11.9 S2607 11.0 S2607 11.0

United States 100.0 S2607 100.3 S2607 100.3

Uruguay 0.0 0.0 0.0

Uzbekistan 0.0 0.0 0.0

Vanuatu 0.0 0.0 0.0

Venezuela 0.0 0.0 0.0

Vietnam 0.0 0.0 0.0

Virgin Islands, U.S. 0.0 0.0 0.0

Virgin Islands, British 0.0 0.0 0.0

Wake Island 0.0 0.0 0.0

Western Sahara 0.0 0.0 0.0

World 378.0 S2607 379.2 S2607 379.1

Yemen 0.0 0.0 0.0

Zambia 0.0 0.0 0.0

Zimbabwe 0.0 0.0 0.0

Page 909: Economics of Photoelectricity - November 13 2012

Source 2008 Source 2009 Source 2010 Source 2011 Source

0.0 0.0

S2607 1.8 S2607 1.8 S2607

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

S2607 1.0 S2607 1.0 S2607

S2607 0.4 S2607 0.4 S2607

0.0 0.0

S2607 84.3 S2607 85.2 S2607

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

S2607 5.8 S2607 5.9 S2607

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

S2607 2.0 S2607 2.0 S2607

0.0 0.0

S2607 1.9 S2607 1.9 S2607

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

S2607 13.3 S2607 13.3 S2607

0.0 0.0

0.0 0.0

S2607 3.0 S2607 3.0 S2607

0.0 0.0

0.0 0.0

0.0 0.0

S2607 9.0 S2607 9.0 S2607

71 S2793

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

S2607 3.8 S2607 3.8 S2607

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

Page 910: Economics of Photoelectricity - November 13 2012

0.0 0.0

0.0 0.0

0.0 0.0

S2607 38.6 S2607 38.6 S2607

S2607 135.0 S2607 134.5 S2607

0.0 0.0

0.0 0.0

0.0 0.0

S2607 2.7 S2607 2.7 S2607

S2607 63.3 S2607 63.1 S2607

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

S2607 20.5 S2607 20.5 S2607

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

S2607 1.9 S2607 1.9 S2607

0.0 0.0

S2607 4.1 S2607 4.1 S2607

20.5 S2793

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

S2607 47.9 S2607 48.8 S2607

280.3 S2793

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

S2607 17.7 S2607 17.7 S2607

141.9 S2793

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

S2607 1.2 S2607 1.2 S2607

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

Page 911: Economics of Photoelectricity - November 13 2012

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

S2607 1.4 S2607 1.4 S2607

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

S2607 0.5 S2607 0.5 S2607

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

S2607 115.5 S2607 115.7 S2607

0.0 0.0

0.0 0.0

S2607 0.5 S2607 0.5 S2607

2.6 S2793

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

S2607 1.3 S2607 1.3 S2607

S2607 23.2 S2607 23.2 S2607

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

S2607 2.2 S2607 1.8 S2607

S2607 0.7 S2607 0.7 S2607

0.0 0.0

0.0 0.0

S2607 1.8 S2607 1.8 S2607

S2607 7.4 S2607 7.4 S2607

0.0 0.0

0.0 0.0

Page 912: Economics of Photoelectricity - November 13 2012

0.0 0.0

0.0 0.0

S2607 8.9 S2607 8.8 S2607

S2607 3.2 S2607 3.2 S2607

0.0 0.0

S2607 5.1 S2607 5.1 S2607

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

S2607 13.8 S2607 13.8 S2607

0.0 0.0

S2607 11.0 S2607 10.9 S2607

S2607 100.8 S2607 101.0 S2607

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

S2607 378.3 S2607 378.9 S2607

0.0 0.0

0.0 0.0

0.0 0.0

Page 913: Economics of Photoelectricity - November 13 2012

Megawatts 2005 Source 2006 Source 2007 Source 2008

Afghanistan 0 0 0 0

Africa 1864 S2609 1864 S2609 1864 S2609 1864

Albania 0 0 0 0

Algeria 0 0 0 0

American Samoa 0 0 0 0

Angola 0 0 0 0

Antarctica 0 0 0 0

Antigua and Barbuda 0 0 0 0

Argentina 974 S2609 974 S2609 974 S2609 974

Armenia 0 0 0 0

Aruba 0 0 0 0

Asia & Oceania 31551 S2609 33151 S2609 33481 S2609 33481

Australia 1490 S2609 1490 S2609 1490 S2609 1490

Austria 3929 S2609 3929 S2609 3929 S2609 4379

Azerbaijan 0 0 0 0

Bahamas, The 0 0 0 0

Bahrain 0 0 0 0

Bangladesh 0 0 0 0

Barbados 0 0 0 0

Belarus 0 0 0 0

Belgium 1307 S2609 1307 S2609 1307 S2609 1307

Belize 0 0 0 0

Benin 0 0 0 0

Bermuda 0 0 0 0

Bhutan 0 0 0 0

Bolivia 0 0 0 0

Bosnia and Herzegovina 0 0 0 0

Botswana 0 0 0 0

Brazil 0 0 0 0

Brunei 0 0 0 0

Bulgaria 864 S2609 864 S2609 864 S2609 864

Burkina Faso 0 0 0 0

Burma (Myanmar) 0 0 0 0

Burundi 0 0 0 0

Cambodia 0 0 0 0

Cameroon 0 0 0 0

Canada 177 S2609 177 S2609 177 S2609 177

Cape Verde 0 0 0 0

Cayman Islands 0 0 0 0

Central & South America 974 S2609 974 S2609 974 S2609 974

Central African Republic 0 0 0 0

Chad 0 0 0 0

Chile 0 0 0 0

China 0 0 0 0

Colombia 0 0 0 0

Comoros 0 0 0 0

Congo (Brazzaville) 0 0 0 0

Congo (Kinshasa) 0 0 0 0

Cook Islands 0 0 0 0

Costa Rica 0 0 0 0

Cote dIvoire (IvoryCoast) 0 0 0 0

Croatia 256 S2609 256 S2609 293 S2609 293

Cuba 0 0 0 0

Cyprus 0 0 0 0

Czech Republic 1147 S2609 1147 S2609 1147 S2609 1147

Denmark 0 0 0 0

Djibouti 0 0 0 0

Dominica 0 0 0 0

Dominican Republic 0 0 0 0

Ecuador 0 0 0 0

Egypt 0 0 0 0

El Salvador 0 0 0 0

Equatorial Guinea 0 0 0 0

Eritrea 0 0 0 0

Page 914: Economics of Photoelectricity - November 13 2012

Estonia 0 0 0 0

Ethiopia 0 0 0 0

Eurasia 1960 S2609 1960 S2609 1960 S2609 1960

Europe 39944 S2609 41439 S2609 43232 S2609 43690

Falkland Islands (Islas Malvinas) 0 0 0 0

Faroe Islands 0 0 0 0

Fiji 0 0 0 0

Finland 0 0 0 0

France 4303 S2609 4303 S2609 4303 S2609 4303

French Guiana 0 0 0 0

French Polynesia 0 0 0 0

Gabon 0 0 0 0

Gambia, The 0 0 0 0

Georgia 0 0 0 0

Germany 4198 S2609 4854 S2609 6552 S2609 6494

Ghana 0 0 0 0

Gibraltar 0 0 0 0

Greece 699 S2609 699 S2609 699 S2609 699

Greenland 0 0 0 0

Grenada 0 0 0 0

Guadeloupe 0 0 0 0

Guam 0 0 0 0

Guatemala 0 0 0 0

Guinea 0 0 0 0

Guinea-Bissau 0 0 0 0

Guyana 0 0 0 0

Haiti 0 0 0 0

Honduras 0 0 0 0

Hong Kong 0 0 0 0

Hungary 0 0 0 0

Iceland 0 0 0 0

India 0 0 0 0

Indonesia 0 0 0 0

Iran 0 0 0 0

Iraq 0 0 0 0

Ireland 292 S2609 292 S2609 292 S2609 292

Israel 0 0 0 0

Italy 7103 S2609 7544 S2609 7544 S2609 7544

Jamaica 0 0 0 0

Japan 25159 S2609 25159 S2609 25489 S2609 25489

Jordan 0 0 0 0

Kazakhstan 0 0 0 0

Kenya 0 0 0 0

Kiribati 0 0 0 0

Korea, North 0 0 0 0

Korea, South 2300 S2609 3900 S2609 3900 S2609 3900

Kuwait 0 0 0 0

Kyrgyzstan 0 0 0 0

Laos 0 0 0 0

Latvia 0 0 0 0

Lebanon 0 0 0 0

Lesotho 0 0 0 0

Liberia 0 0 0 0

Libya 0 0 0 0

Lithuania 760 S2609 760 S2609 760 S2609 760

Luxembourg 1100 S2609 1100 S2609 1100 S2609 1100

Macau 0 0 0 0

Macedonia 0 0 0 0

Madagascar 0 0 0 0

Malawi 0 0 0 0

Malaysia 0 0 0 0

Maldives 0 0 0 0

Mali 0 0 0 0

Malta 0 0 0 0

Martinique 0 0 0 0

Page 915: Economics of Photoelectricity - November 13 2012

Mauritania 0 0 0 0

Mauritius 0 0 0 0

Mexico 0 0 0 0

Middle East 0 0 0 0

Moldova 0 0 0 0

Mongolia 0 0 0 0

Montenegro 0 0 0

Montserrat 0 0 0 0

Morocco 464 S2609 464 S2609 464 S2609 464

Mozambique 0 0 0 0

Namibia 0 0 0 0

Nauru 0 0 0 0

Nepal 0 0 0 0

Netherlands 0 0 0 0

Netherlands Antilles 0 0 0 0

New Caledonia 0 0 0 0

New Zealand 0 0 0 0

Nicaragua 0 0 0 0

Niger 0 0 0 0

Nigeria 0 0 0 0

Niue 0 0 0 0

North America 21524 S2609 21638 S2609 22063 S2609 22035

Norway 1440 S2609 1396 S2609 1465 S2609 1351

Oman 0 0 0 0

Pakistan 0 0 0 0

Palestine 0 0 0 0

Panama 0 0 0 0

Papua New Guinea 0 0 0 0

Paraguay 0 0 0 0

Peru 0 0 0 0

Philippines 0 0 0 0

Poland 1406 S2609 1406 S2609 1406 S2609 1406

Portugal 537 S2609 1048 S2609 1029 S2609 1029

Puerto Rico 0 0 0 0

Qatar 0 0 0 0

Reunion 0 0 0 0

Romania 0 0 0 0

Russia 1200 S2609 1200 S2609 1200 S2609 1200

Rwanda 0 0 0 0

Saint Helena 0 0 0 0

Saint Kitts and Nevis 0 0 0 0

Saint Lucia 0 0 0 0

Saint Pierre and Miquelon 0 0 0 0

Saint Vincent/Grenadines 0 0 0 0

Samoa 0 0 0 0

Sao Tome and Principe 0 0 0 0

Saudi Arabia 0 0 0 0

Senegal 0 0 0 0

Serbia 614 S2609 614 S2609 614

Seychelles 0 0 0 0

Sierra Leone 0 0 0 0

Singapore 0 0 0 0

Slovakia 916 S2609 916 S2609 916 S2609 916

Slovenia 0 0 0 0

Solomon Islands 0 0 0 0

Somalia 0 0 0 0

South Africa 1400 S2609 1400 S2609 1400 S2609 1400

Spain 5347 S2609 5347 S2609 5347 S2609 5347

Sri Lanka 0 0 0 0

Sudan and South Sudan 0 0 0 0

Suriname 0 0 0 0

Swaziland 0 0 0 0

Sweden 43 S2609 36 S2609 45 S2609 85

Switzerland 1655 S2609 1655 S2609 1636 S2609 1776

Syria 0 0 0 0

Page 916: Economics of Photoelectricity - November 13 2012

Taiwan 2602 S2609 2602 S2609 2602 S2609 2602

Tajikistan 0 0 0 0

Tanzania 0 0 0 0

Thailand 0 0 0 0

Timor-Leste (East Timor) 0 0 0 0

Togo 0 0 0 0

Tonga 0 0 0 0

Trinidad and Tobago 0 0 0 0

Tunisia 0 0 0 0

Turkey 0 0 0 0

Turkmenistan 0 0 0 0

Turks and Caicos Islands 0 0 0 0

U.S. Pacific Islands 0 0 0 0

Uganda 0 0 0 0

Ukraine 0 0 0 0

United Arab Emirates 0 0 0 0

United Kingdom 2788 S2609 2726 S2609 2744 S2609 2744

United States 21347 S2609 21461 S2609 21886 S2609 21858

Uruguay 0 0 0 0

Uzbekistan 0 0 0 0

Vanuatu 0 0 0 0

Venezuela 0 0 0 0

Vietnam 0 0 0 0

Virgin Islands, U.S. 0 0 0 0

Virgin Islands, British 0 0 0 0

Wake Island 0 0 0 0

Western Sahara 0 0 0 0

World 97817 S2609 101026 S2609 103574 S2609 104004

Yemen 0 0 0 0

Zambia 0 0 0 0

Zimbabwe 0 0 0 0

Page 917: Economics of Photoelectricity - November 13 2012

Source 2009 Source 2010 Source 2011 Source

0

S2609 1864 S2609

0

0

0

0

0

0

S2609 974 S2609

0

0

S2609 33451 S2609

S2609 1490 S2609

S2609 4445 S2609

0

0

0

0

0

0

S2609 1307 S2609

0

0

0

0

0

0

0

0

0

S2609 864 S2609

0

0

0

0

0

S2609 177 S2609

0

0

S2609 974 S2609

0

0

0

0

0

0

0

0

0

0

0

S2609 293 S2609

0

0

S2609 1147 S2609

0

0

0

0

0

0

0

0

0

Page 918: Economics of Photoelectricity - November 13 2012

0

0

S2609 1960 S2609

S2609 43866 S2609

0

0

0

0

S2609 4304 S2609

0

0

0

0

0

S2609 6666 S2609

0

0

S2609 571 S2609

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

S2609 292 S2609

0

S2609 7544 S2609

0

S2609 25459 S2609

0

0

0

0

0

S2609 3900 S2609

0

0

0

0

0

0

0

0

S2609 760 S2609

S2609 1100 S2609

0

0

0

0

0

0

0

0

0

Page 919: Economics of Photoelectricity - November 13 2012

0

0

0

0

0

0

0

0

S2609 464 S2609

0

0

0

0

0

0

0

0

0

0

0

0

S2609 22337 S2609

S2609 1353 S2609

0

0

0

0

0

0

0

0

S2609 1406 S2609

S2609 1029 S2609

0

0

0

0

S2609 1200 S2609

0

0

0

0

0

0

0

0

0

0

S2609 614 S2609

0

0

0

S2609 916 S2609

0

0

0

S2609 1400 S2609

S2609 5347 S2609

0

0

0

0

S2609 108 S2609

S2609 1816 S2609

0

Page 920: Economics of Photoelectricity - November 13 2012

S2609 2602 S2609

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

S2609 2744 S2609

S2609 22160 S2609

0

0

0

0

0

0

0

0

0

S2609 104452 S2609

0

0

0

Page 921: Economics of Photoelectricity - November 13 2012

2008 2009 2010 2011 2012

Alabama Annual 0.2 0

Total 0.5 0.5

Source S2692 S2692

Alaska Annual 0 0

Total 0 0

Source S2692 S2692

Arizona Annual 6.2 21.1 63.6 287.8

Total 25.3 46.4 110 397.8

Source S1659 S1660 S1660 S2691

Arkansas Annual 0.6 0

Total 1.1 1.1

Source S2692 S2692

California Annual 160 213.7 252 537.8

Total 441 654.7 1022 1559.8

Source S725 S1660 S1660 S2691

Colorado Annual 21.7 23.4 62 75.5

Total 35.6 59 121 196.5

Source S1659 S1660 S1660 S2691

Connecticut Annual 7.5 8.7 4.8 4.5

Total 11.1 19.8 24.6 31.1

Source S1659 S1659 S1660 S2692

Deleware Annual 2.4 20.9

Total 3.65 6.05 26.95

Source S2692 S2692 S2692

District of Columbia Annual 3.5 7.2

Total 0.9 4.4 11.6

Source S2692 S2692 S2692

Florida Annual 0.9 35.7 34.8 21.5

Total 2.5 38.2 73 95

Source S1659 S1660 S1660 S2692

Georgia Annual 1.6 5.1

Total 0.2 1.8 6.9

Source S2692 S2692 S2692

Hawaii Annual 8.6 12 1.6 40.5

Total 31.4 43.4 45 85.5

Source S1659 S1659 S1660 S2691

Idaho Annual 0.2 0

Total 0.2 0.4 0.4

Source S2692 S2692 S2692

Illinois Annual 11 0.7

Total 4.5 15.5 16.2

Sourc S2692 S2692 S2692

Indiana Annual 0.2 3

Total 0.3 0.5 3.5

Source S2692 S2692 S2692

Iowa Annual 0 0

Total 0.1 0.1

Source S2692 S2692

Kansas Annual 0.1 0

Total 0.1 0.2 0.2

Source S2692 S2692 S2692

Kentucky Annual 0.2 3

Total 0.1 0.3 3.3

Source S2692 S2692 S2692

Louisiana Annual 2.4 10.8

Total 0.2 2.6 13.4

Page 922: Economics of Photoelectricity - November 13 2012

Source S2692 S2692 S2692

Maine Annual 0.2 0.6

Total 0.3 0.5 1.1

Source S2692 S2692 S2692

Maryland Annual 5.3 24.3

Total 7.5 12.8 37.1

Source S2692 S2692 S2692

Massachusetts Annual 3.5 9.5 20.4 36.4

Total 8.3 17.8 38.2 74.6

Source S1659 S1659 S1660 S2692

Michigan Annual 1.9 6.2

Total 0.7 2.6 8.8

Source S2692 S2692 S2692

Minnesota Annual 1.7 1.2

Total 1.9 3.6 4.8

Source S2692 S2692 S2692

Mississippi Annual 0.1 0.3

Total 0.2 0.3 0.6

Source S2692 S2692 S2692

Missouri Annual 0.5 1.3

Total 0.2 0.7 2

Source S2692 S2692 S2692

Montana Annual 0 0

Total 0.7 0.7 0.7

Source S2692 S2692 S2692

Nebraska Annual 0.2 0.1

Total 0 0.2 0.3

Source S2692 S2692 S2692

Nevada Annual 2.5 68.3 19.4

Total 36.7 105 124.1

Source S1660 S1660 S2692

New Hampshire Annual 1.3 1

Total 0.8 2.1 3.1

Source S2692 S2692 S2692

New Jersey Annual 22.5 57.3 132.4 306.1

Total 70.3 127.6 260 566.1

Source S1659 S1659 S1660 S2691

New Mexico Annual 1.4 40.9 122.1

Total 2.1 43 165.1

Source S1660 S1660 S2691

New York Annual 7 12.1 21.6 68.3

Total 22.3 34.4 56 124.3

Source S1659 S1659 S1660 S2691

North Carolina Annual 4 6.6 28.7 45.5

Total 4.7 11.3 40 85.5

Source S1659 S1660 S1660 S2691

North Dakota Annual 0 0

Total 0 0

Source S2692 S2692

Ohio Annual 18.7 10.9

Total 2 20.7 31.6

Source S2692 S2692 S2692

Oklahoma Annual 0 0.1

Total 0.1 0.1 0.2

Source S2692 S2692 S2692

Oregon Annual 9.9 11.9

Total 14 23.9 35.8

Page 923: Economics of Photoelectricity - November 13 2012

Source S2692 S2692 S2692

Pennsylvania Annual 4.4 46.5 78.2

Total 8.5 55 133.2

Source S1660 S1660 S2691

Rhode Island Annual 0 0.6

Total 0.6 0.6 1.2

Source S2692 S2692 S2692

South Carolina Annual 0.3 3.2

Total 0.6 0.9 4.1

Source S2692 S2692 S2692

South Dakota Annual 0 0

Total 0 0

Source S2692 S2692

Tennessee Annual 4.8 16.3

Total 0.9 5.7 22

Source S2692 S2692 S2692

Texas Annual 4.2 25.9 51.1

Total 8.6 34.5 85.6

Source S1660 S1660 S2691

Utah Annual 1.4 2.3

Total 0.7 2.1 4.4

Source S2692 S2692 S2692

Vermont Annual 2.2 7.8

Total 1.7 3.9 11.7

Source S2692 S2692 S2692

Virginia Annual 1.9 1.8

Total 0.8 2.7 4.5

Source S2692 S2692 S2692

Washington Annual 2.9 4.2

Total 5.2 8.1 12.3

Source S2692 S2692 S2692

West Virginia Annual 0 0.6

Total 0 0.6

Source S2692 S2692

Wisconsin Annual 3.5 4.2

Total 5.2 8.7 12.9

Source S2692 S2692 S2692

Wyoming Annual 0.1 0

Total 0.1 0.2 0.2

Source S2692 S2692 S2692

US - Total Annual 310, 351 481 878 1867

Total 1140.5 1653 2528 4383

Source S798, S1024 S1024 S1528 S2797

Page 924: Economics of Photoelectricity - November 13 2012

MW 1987 1988 1989 1990 1991 1992 1993

Algeria Annual

Total

Source

Angola Annual

Total

Source

Argentina Annual

Total

Source

Austria Annual ~ 0.244

Total 0.525 0.769

Source S233 S246

Australia Annual ~ 1.6

Total 7.3 8.9

Source S230 S230

Bangladesh Annual

Total

Source

Belgium Annual

Total

Source

Bolivia Annual

Total

Source

Brazil Annual

Total

Source

Bulgaria Annual

Total

Source

Burkina Faso Annual

Total

Source

Canada Annual ~ 0.28

Total 0.958 1.238

Source S234 S234

Cape Verde Annual

Total

Source

Chile Annual

Total

Source

China Annual 0.1 0.35 0.55 0.5 0.55 0.65 0.9

Total 0.38 0.73 1.28 1.78 2.33 2.98 3.88

Source S538 S538 S538 S228, S538 S538 S538 S538

Colombia Annual

Total

Source

Cyprus Annual

Total

Page 925: Economics of Photoelectricity - November 13 2012

Source

Czech Republic Annual

Total

Source

Denmark Annual ~

Total 0.085

Source S235

Estonia Annual

Total

Source

Ethiopia Annual

Total

Source

Finland Annual ~

Total 1

Source S3

France Annual ~ 0.3

Total 1.8 2.1

Source S5 S5

Germany Annual 0.725 0.193 0.594 1.007 3.1 3.281

Total 2 3 6 9

Source S228 S228 S228, S2 S228, S2 S228, S2 S228, S2

Greece Annual

Total

Source

Hungary Annual

Total

Source

India Annual

Total

Source

Indonesia Annual

Total

Source

Ireland Annual

Total

Source

Israel Annual ~ 0

Total 0.1 0.1

Source S256 S2

Italy Annual ~ 3.6

Total 8.48 12.08

Source S232 S232

Japan Annual 1 1 2 3 5 5 5

Total 3 4 6 9 14 19 24

Source S1930 S1930 S1930 S1930 S1930 S5 S3

Kenya Annual

Total

Source

Latvia Annual

Total

Source

Libya Annual

Page 926: Economics of Photoelectricity - November 13 2012

Total

Source

Lithuania Annual

Total

Source

Luxembourg Annual

Total

Source

Malaysia Annual

Total

Source

Mali Annual

Total

Source

Malta Annual

Total

Source

Mexico Annual ~ 1.7

Total 5.4 7.1

Source S240 S240

Morocco Annual

Total

Source

Namibia Annual

Total

Source

Nepal Annual

Total

Source

Netherlands Annual ~ 0.371

Total 1.27 1.641

Source S5 S241

Nigeria Annual

Total

Source

Norway Annual ~ 0.3

Total 3.8 4.1

Source S247 S247

Pakistan Annual

Total

Source

Peru Annual

Total

Source

Poland Annual

Total

Source

Portugal Annual ~ 0.05

Total 0.169 0.219

Source S248 S248

Romania Annual

Page 927: Economics of Photoelectricity - November 13 2012

Total

Source

Senegal Annual

Total

Source

Singapore Annual

Total

Source

Slovakia Annual

Total

Source

Slovenia Annual

Total

Source

South Africa Annual

Total

Source

South Korea Annual ~

Total 1.471 0.16

Source S249 1.631

Spain Annual ~ S249

Total 4 0.6

Source S5 4.6

Sri Lanka Annual

Total

Source

Sudan Annual

Total

Source

Sweden Annual ~ S3

Total 0.8 0.24

Source S243 1.04

Switzerland Annual ~ S243

Total 4.71 1.065

Source S244 5.775

Taiwan Annual S244

Total

Source

Tanzania Annual

Total

Source

Thailand Annual

Total

Source

Tunisia Annual

Total

Source

Turkey Annual

Total

Source

Ukraine Annual

Page 928: Economics of Photoelectricity - November 13 2012

Total

Source

United Kingdom Annual ~

Total 0.173 0.093

Source S245 0.266

United States Annual ~ S245

Total 43.5 6.5

Source S256 50

Venezuela Annual

Total

Source

Vietnam Annual

Total

Source

Virgin Islands Annual

Total

Source

World Annual

Total

Source

1987 1988 1989 1990 1991 1992 1993

Page 929: Economics of Photoelectricity - November 13 2012

1994 1995 1996 1997 1998 1999 2000 2001 2002

0.294 0.298 0.378 0.469 0.653 0.811 1.202 1.246 4.221

1.063 1.361 1.739 2.208 2.861 3.672 4.874 6.12 10.341

S246 S246 S233 S233 S233 S233 S233 S233 S233

1.8 2 3 3 3.82 2.8 3.89 4.37 5.55

10.7 12.7 15.7 18.7 22.52 25.32 29.21 33.58 39.13

S230 S230 S230 S230 S230 S230 S230 S230 S230

0 0 0 0 0 0 0

0 0 0 0 0 0 0

S2536 S2536 S2536 S2536 S2536 S2536 S2536

0.272 0.35 0.7 0.82 1.09 1.356 1.328 1.682 1.161

1.51 1.86 2.56 3.38 4.47 5.826 7.154 8.836 9.997

S234 S234 S234 S234 S234 S234 S234 S234 S234

1.2 1.55 2.17 2.2 2.2 2.5 3.3 5.7 20.3

5.08 6.63 8.8 11 13.2 15.7 19 24.7 45

S538 S228, S538 S538 S538 S538 Guess S228 S228 S228

Page 930: Economics of Photoelectricity - November 13 2012

0.015 0.04 0.105 0.177 0.083 0.565 0.39 0.04 0.1

0.1 0.14 0.245 0.422 0.505 1.07 1.46 1.5 1.6

S235 S235 S235 S235 S235 S235 S235 S235 S235

0.2 0.1 0.2 0.5 0.2 0.1 0.3 0.1 0.4

1.2 1.3 1.5 2 2.2 2.3 2.6 2.7 3.1

S3 S3 S3 S3 S3 S3 S3 S3 S3

0.3 0.5 1.5 1.7 1.5 1.5 2.2 2.6 3.341

2.4 2.9 4.4 6.1 7.6 9.1 11.3 13.9 17.241

S5 S5 S5 S5 S5 S5 S5 S5 S231

3.541 5.35 10.1 14 12 15.6 44.3 80.9 83

12 16 24 36 45 28 100 178 258

S228, S2 S228, S2 S228, S2 S228, S2 S228, S2 S228, S2 S228, S2 S228, S2 S228, S2

~ 0.05 0.07 0.09 0.16 0.2 0.16 0.57 0.8

0.27 0.32 0.39 0.48 0.64 0.84 1 1.57 2.37

S257 S257 S257 S257 S257 S257 S257 S257 S257

39

S254

0.1 0 0 0.065 0.043 0.093 0.04 0.032 0.03

0.2 0.2 0.2 0.265 0.308 0.401 0.441 0.473 0.503

S2 S2 S2 S237 S237 S237 S237 S237 S237

2.01 1.705 0.213 0.701 0.971 0.8 0.52 1 2

14.09 15.795 16.008 16.709 17.68 18.48 19 20 22

S232 S232 S232 S232 S232 S232 S232 S232 S232

7 12 21 43 78 149 122 122 185

31 43 64 107 181 318 404 452 637

S1 S1 S1 S1 S1 S1 S1 S1 S1

Page 931: Economics of Photoelectricity - November 13 2012

~ 0.00599 0.0062 0.37802 0.05203

0.01686 0.02285 0.02905 0.40707 0.4591

S239 S239 S239 S239 S239

1.12 1 0.8 1.001 1 0 1.907 1.043 1.189

8.22 9.22 10.02 11.021 12.021 12.021 13.928 14.971 16.16

S240 S240 S240 S240 S240 S240 S240 S240 S240

0.322 0.437 0.857 -0.255 3.498 2.695 3.564 7.75 5.817

1.963 2.4 3.257 3.002 6.5 9.195 12.759 20.509 26.326

S241 S241 S241 S241 S5 S241 S241 S241 S241

0.3 0.25 0.25 0.25 0.25 0.33 0.3 0.18 0.174

4.4 4.65 4.9 5.15 5.4 5.73 6.03 6.21 6.384

S247 S247 S247 S242 S242 S242 S242 S242 S242

0.039 0.078 0.088 0.103 0.121 0.196 0.3 0.166 0.358

0.258 0.336 0.424 0.527 0.648 0.844 1.144 1.31 1.668

S248 S248 S225 S224 S225 S225 S225 S225 S225

Page 932: Economics of Photoelectricity - November 13 2012

0.05 0.088 0.344 0.362 0.507 0.477 0.501 0.797 0.653

1.681 1.769 2.113 2.475 2.982 3.459 3.96 4.757 5.41

S249 S249 S249 S249 S249 S249 S249 S249 S249

0.9 0.8 0.4 0.2 0.9 1.1 3 3.6 4.8

5.7 6.5 6.9 7.1 8 9.1 12 16 21

S3 S3 S3 S3 S3 S3 S3 S3 S3

0.297 0.283 0.229 0.278 0.243 0.214 0.221 0.227 0.265

1.337 1.62 1.849 2.127 2.37 2.584 2.805 3.032 3.297

S243 S243 S243 S243 S243 S243 S243 S243 S243

0.917 0.791 0.909 1.332 1.776 1.9 1.9 2.3 1.9

6.692 7.483 8.392 9.724 11.5 13.4 15.3 17.6 19.5

S244 S244 S244 S244 S244 S244 S244 S244 S244

0.1 0.1 0.2 0.3

0.2 0.3 0.4 0.6 0.9

S1662 S1662 S1662 S1662 S1662

Page 933: Economics of Photoelectricity - November 13 2012

0.072 0.03 0.055 0.166 0.101 0.441 0.798 0.817 1.39

0.338 0.368 0.423 0.589 0.69 1.131 1.929 2.746 4.136

S245 S245 S245 S245 S245 S245 S245 S245 S245

7.5 9.6 9.7 12 12 17 22 29, 31 43, 49

58 67 77 88 100 117 139 168 212

S3 S3 S3 S3 S3 S3 S3 S3, S1024 S3, S1024

0.078 0.089 0.126 0.153 0.202 0.278 0.334 0.439

0.502 0.58 0.669 0.795 0.948 1.15 1.428 1.762 2.201

S1658 S1658 S1658 S1658 S1658 S1658 S1658 S1658 S1658

1994 1995 1996 1997 1998 1999 2000 2001 2002

Page 934: Economics of Photoelectricity - November 13 2012

2003 2004 2005 2006 2007 2008 2009 2010 2011

4.1

2.2

7.5 10

S2909 S2907

6.492 4.227 2.961 1.564 2.116 4.6 20 42.5 91.7

16.833 21.06 24.021 25.585 27.701 32 53 95.5 187.2

S233 S233 S233 S233 S226 S1656 S1528 S2905 S2753

6.5 6.67 8.28 9.72 12.19 22.02 83.1 383.2 837.1

45.63 52.3 60.58 70.3 82.491 104.5 187.6 570.8 1407.9

S230 S230 S230 S230 S226 S1657 S2905 S2905 S2905

11 22.2

S256

0 0 1.8 2.1 18 50 142 489 986

0 0 1.8 3.9 21.9 63.9 206 694 1680

S2536 S2536 S1655 S3, S1655 S1043 S1043 S2750 S2750 S2750

2.7

S2909

0

19.3 31.35

S2907

~ 0.013 0.01 0.023 0.009 2 6 28 100

0.02 0.033 0.043 0.066 0.075 2.075 7 35 135

S255 S255 S255 S255 S255 S1043 S1528 S2283 S2283

2

1.833 2.054 2.862 3.738 5.291 6.945 62 105 359

11.83 13.884 16.746 20.484 25.775 32.72 95 200 559

S234 S234 S234 S234 S226 S1661 S1528 S1528 S1140

7.5

7.5

2.3

10 10 5 10 20 40 160 593 2407

55 65 70 80 100 140 300 893 3300

S228 S228 S228 S227 S228 S1023 S1023 S1278 S2905

4.1

0.086 0.141 0.495 0.474 0.738 1.142 3 3

0.254 0.34 0.481 0.976 1.45 2.188 3.33 6 9

S2909, off-grid

S2909, off-grid

S2909, off-grid

S2909, off-grid

S2909, off-grid

S2905, S2904

S2909, off-grid

S2909, off-grid

Page 935: Economics of Photoelectricity - November 13 2012

S255 S255 S255 S255 S255 S1663 S1663 S2283 S2283

~ 0.03 0.11 0.27 4.726 51 411 1486 6

0.33 0.36 0.47 0.74 5.466 56 467 1953 1959

S255 S255 S255 S255 S255 S1030 S1031 S1528 S2283

0.3 0.39 0.36 0.25 0.175 0.225 1.3 2 10.7

1.9 2.29 2.65 2.9 3.075 3.3 4.6 6 16.7

S235 S235 S235 S235 S226 S1662 S1662 S2283 S2905

~ 0 0 0.003 0.007 0 0.038 0.03 1

0.002 0.002 0.002 0.005 0.012 0.012 0.05 0.08 1

S255 S255 S255 S255 S255 S1663 S1663 S1663 S2283

6.7

S2909

0.3 0.3 0.3 0.1 0.3 0.0 0.5 2.0 Check 1753 isn't kW

3.4 3.7 4 4.1 4.4 4.4 4.9 6.9

S3 S1753 S1655 S1753 S1753 S1753 S1753 S1753

3.831 4.951 7.02 10.89 31.3 46 185 719 1634

21.072 26.023 33.043 43.933 75.23 121.23 306 1197 2831

S231 S231 S231 S231 S226 S1030 S1031 S1150 S1150

153 500, 610 850®, 863 850®, 950 3800 7400 7485

408 1018 1881 2831 3862, 4159 5337 9137 16537 24678

S228, S2 S228, S2 S2, S223® S2, S223® S771, S798 S1031 S1528 S2283

0.88 1.25 0.94 1.25 2 11 36 150 426

3.25 4.5 5.44 6.69 9 20 56 206 631

S257 S257 S257 S3 S1043 S1043 S1528 S1528 S2283

~ 0.038 0.017 0.095 0.1 0.1 0.2 1.1 3

0.1 0.138 0.155 0.25 0.35 0.45 0.65 1.75 4

S255 S255 S255 S255 S255 S1663 S1663 S1663 S2283

12 20® 40 30 87 300

45 110 150 102 189 489

S265 S223® S1043 S1528 S1753 S2283

10.2

0 3

0.3 0.3 0.1 3

S1655 S1655 S2283 S2283

0.03 0.353 0.154 0.279 0.5 1.21 21.5 45.356 119.8

0.533 0.886 1.0 1.3 1.8 3.0 24.5 69.9 189.7

S238 S594 S594 S594 S594 S594 S594 S594 S2905

4 4.7 6.8 9 88 338 720 2321 9433

26 30.7 37.5 47 135 473 1193 3514 12947

S232 S232 S232 S2752 S2752 S2752 S2752 S2752 S2752

223 272 290 287 210 240 484 979 1296

860 1132 1422 1709 1919 2159 2643 3622 4918

S1 S1 S3 S3 S226 S798 S1031 S1528 S1931

7.1

S2909

~ 0 0 0 0.001 0 0.006 0.02 0.2

0.003 0.003 0.003 0.003 0.004 0.004 0.01 0.03 0.2

S255 S255 S255 S255 S255 S1663 S1663 S1663 S2283

1100®, 1135, 1328

1178, 1475, 1500

S226, S156, S223®

S223®, S256

S2909, off-grid

Page 936: Economics of Photoelectricity - November 13 2012

2

~ 0 0.002 0.021 0.015 0 0.015 0.1 0.1

0.017 0.017 0.019 0.04 0.055 0.055 0.07 0.2 0.3

S255 S255 S255 S255 S255 S1663 S1663 S2283 S2283

0.04 0.9 5

23.3 23.6 25 30

S1655 S2 S2283 S2283

0.00504 0.0042 0.01314 0.00452 1.5 1.8 2.3 1.5 0.9

0.46414 0.46834 0.48148 5.5 7 8.8 11.1 12.6 13.5

S239 S239 S239 S1662 S256 S1662 S1662 S1662 S2905

2.3

~ 0.005 0.006 0.005 0.08 0.138 1.292 0.14 10

0.004 0.009 0.015 0.02 0.1 0.238 1.53 1.67 12

S255 S255 S255 S255 S255 S1663 S1663 S1663 S2283

0.94 1.1 0.5 1 1.019 1.05 3.2 5.6 7

17.1 18.2 18.7 19.7 20.75 21.8 25 30.6 37.1

S2 S2 S2 S2 S226 S1662 S1662 S1662 S2905

5.6

2.1

1.5

19.591 3.604 1.663 1.521 0.595 3.5 10.7 21 43.4

45.917 49.521 51.184 52.705 53.3 56.8 67.5 88 131.4

S241 S241 S241 S241 S226 S1662 S1662 S2749 S2905

6.7

0.231 0.275 0.362 0.416 0.324 0.308 0.4 0.4 0.4

6.615 6.89 7.252 7.668 7.992 8.3 8.7 9.1 9.5

S242 S242 S242 S242 S226 S1662 S1662 S1662 S2756

2.3

1.9 3.03

S2907

~ 0.127 0.057 0.147 0.202 0.371 0.369 0.37 1

0.107 0.234 0.291 0.438 0.64 1.011 1.38 1.75 3

S255 S255 S255 S255 S255 S1663 S1663 S1663 S2283

0.401 0.632 0.288 0.427, 2 14.5 50 55 38 33

2.069 2.701 2.989 3.416 17.87 68 114 150 184

S225 S225 S225 S225, S227 S225, S226 S1030 S1528 S2283 S2283

~ 0.036 0.015 0.089 0.11 0.15 0.19 1.3 2

S2909, off-grid

S2909, off-grid

S2909, off-grid

S2909, off-grid

S2909, off-grid

S2909, off-grid

S2909, off-grid

S2909, off-grid

Page 937: Economics of Photoelectricity - November 13 2012

0.05 0.086 0.101 0.19 0.3 0.45 0.64 1.94 3

S255 S255 S255 S255 S255 S1663 S1663 S1663 S2283

4.9

~ 0.005 0.005 0 0.026 0.02 0.144 145 321

0.01 0.015 0.02 0.02 0.046 0.066 0.21 148 468

S255 S255 S255 S255 S255 S1663 S1663 S2283 S2283

~ 0.045 0.104 0.205 0.62 1.121 6.854 27.33 46

0.051 0.096 0.2 0.405 1.025 2.146 9 36.33 81

S255 S255 S255 S255 S255 S1663 S1663 S1663 S2283

12

0.6 2.5 5 21 43 282 167 138 157

6 8.5 14 35 78 360 524 655 812

S3 S3 S3 S3, S227 S226 S1030 S1528 S1528 S2797

6.5 10 20 61, 97 2600 69 441 231

27 37 57 118 655, 758 3346 3415 4029 4260

S3 S3 S3 S3, S227 S798 S2283 S2905

5.2

S2909

1.6

0.284 0.285 0.371 0.613 1.392 1.658 0.9 2.6 4.4

3.581 3.866 4.237 4.85 6.242 7.9 8.8 11.4 15.8

S243 S243 S243 S243 S226 S1662 S1662 S1662 S2905

1.5 2.1 3.95 2.65 6.5 11.7 25.7 39 100

21 23.1 27.05 29.7 36.2 47.9 73.6 111 211

S244 S244 S244 S244 S226 S1662 S1662 S2283 S2797

2 5 10 13 70

1.6 3.6 8.6 18.6 31.6 101.6

1.2

0 10 100 to 120

6 0 28 160 to 180

S197 S1528 S1528

1.8

S2909, off-grid

0.4 0.5 0.5 0.5 0.5 0.7 1 1 1

1.3 1.8 2.3 2.8 3.3 4 5 6 7

S1662 S1662 S1662 S1662 S1662 S1662 S1662 S1662 S2797

3 188

S2909, off-grid

S2909, off-grid

425®, 512, 640

S156, S226, S223®

S1031, S1528

S2909, off-grid

S2283, S2786

S2283, S2786

S2283, S2786

S2283, S2786

S2283, S2786

S2283, S2786

S2909, off-grid

Page 938: Economics of Photoelectricity - November 13 2012

3 190

S2283 S2283

1.767 2.261 2.713 3.383 3.81 6 10 62 899

5.903 8.164 10.877 14.26 18.09 22.51 21 91 976

S245 S245 S245 S245 S226 S2187 S1528 S2283 S2797

63, 75 101, 91 103, 117 145, 146 206.5, 273 310, 351 481 878 1438

275 376 479 624 830.5 1140.5 1653 2528 3966

S3, S1024 S3, S1024 S3, S1024 S3, S1024 S226, S1024 S798, S1024 S1024 S1528 S2905

2.6

2.4

0 0.4

0 0.4

S2692 S2692

0.594 1.052 1.32 1.467 3.366 6 7 18.2 27.7

2.795 3.847 5.167 6.634 10 16 23 41.2 71.2

S1658 S1658 S1658 S1658 S1651 S1651 S1651 S1666 S2797

2003 2004 2005 2006 2007 2008 2009 2010 2011

S2909, off-grid

S2909, off-grid

Page 939: Economics of Photoelectricity - November 13 2012

2012 2013 2014 2015 2016 2017

Page 940: Economics of Photoelectricity - November 13 2012

Check 1753 isn't kW

1200 1700 2500 3400 4000

1689 3389 5889 9289 13289

E2875 E2875 E2875 E2875 E2875

14

S2799

Page 941: Economics of Photoelectricity - November 13 2012

5.5

S2867

Page 942: Economics of Photoelectricity - November 13 2012

3200 3900 5400 6700 8600

7166 11066 16466 23166 31766

E2894, GTM E2894, GTM E2894, GTM E2894, GTM E2894, GTM

40 50 60 70 80 90

111.2 161.2 221.2 291.2 371.2 461.2

Guess Guess Guess Guess Guess Guess

2012 2013 2014 2015 2016 2017

Page 943: Economics of Photoelectricity - November 13 2012

2005 Source 2006 Source 2007 Source 2008

Afghanistan 0.1 S2611 0.1 S2611 0.1 S2611 0.1

Africa 87.7 S2611 91.3 S2611 92.8 S2611 96.9

Albania 0.2 S2611 0.2 S2611 0.2 S2611 0.2

Algeria 7.2 S2611 7.6 S2611 7.9 S2611 7.9

American Samoa 0.1 S2611 0.1 S2611 0.1 S2611 0.1

Angola 0.3 S2611 0.3 S2611 0.7 S2611 0.7

Antarctica 0.0 0.0 0.0 0.0

Antigua and Barbuda 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Argentina 17.3 S2611 17.4 S2611 18.1 S2611 19.9

Armenia 1.8 S2611 1.8 S2611 1.7 S2611 1.7

Aruba 0.2 S2611 0.2 S2611 0.2 S2611 0.2

Asia & Oceania 927.4 S2611 1027.5 S2611 1122.8 S2611 1191.9

Australia 39.7 S2611 40.2 S2611 41.7 S2611 43.5

Austria 5.3 S2611 5.4 S2611 3.9 S2611 4.0

Azerbaijan 4.2 S2611 4.6 S2611 4.7 S2611 4.8

Bahamas, The 0.5 S2611 0.5 S2611 0.5 S2611 0.5

Bahrain 2.3 S2611 2.8 S2611 2.8 S2611 2.8

Bangladesh 4.5 S2611 5.0 S2611 5.0 S2611 5.2

Barbados 0.2 S2611 0.2 S2611 0.2 S2611 0.2

Belarus 7.9 S2611 8.0 S2611 8.0 S2611 8.0

Belgium 8.1 S2611 8.1 S2611 8.1 S2611 8.3

Belize 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Benin 0.1 S2611 0.1 S2611 0.1 S2611 0.1

Bermuda 0.2 S2611 0.2 S2611 0.2 S2611 0.2

Bhutan 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Bolivia 0.9 S2611 0.9 S2611 1.0 S2611 1.0

Bosnia and Herzegovina 1.9 S2611 1.9 S2611 1.9 S2611 1.9

Botswana 0.1 S2611 0.1 S2611 0.1 S2611 0.1

Brazil 14.2 S2611 14.7 S2611 14.9 S2611 16.8

Brunei 0.8 S2611 0.8 S2611 0.8 S2611 0.8

Bulgaria 6.7 S2611 6.4 S2611 4.9 S2611 4.6

Burkina Faso 0.2 S2611 0.2 S2611 0.2 S2611 0.2

Burma (Myanmar) 1.2 S2611 1.2 S2611 1.2 S2611 1.3

Burundi 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Cambodia 0.2 S2611 0.3 S2611 0.4 S2611 0.4

Cameroon 0.3 S2611 0.3 S2611 0.3 S2611 0.3

Canada 35.1 S2611 34.6 S2611 36.2 S2611 35.9

Cape Verde 0.1 S2611 0.1 S2611 0.1 S2611 0.1

Cayman Islands 0.1 S2611 0.1 S2611 0.1 S2611 0.1

Central & South America 82.5 S2611 85.3 S2611 88.5 S2611 93.3

Central African Republic 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Chad 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Chile 7.5 S2611 7.8 S2611 8.2 S2611 8.6

China 391.4 S2611 484.1 S2611 554.5 S2611 601.3

Colombia 4.4 S2611 4.4 S2611 4.4 S2611 4.5

Comoros 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Congo (Brazzaville) 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Congo (Kinshasa) 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Cook Islands 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Costa Rica 0.4 S2611 0.5 S2611 0.4 S2611 0.6

Cote dIvoire (IvoryCoast) 0.6 S2611 0.6 S2611 0.6 S2611 0.6

Croatia 1.8 S2611 1.8 S2611 1.8 S2611 1.8

Cuba 4.2 S2611 5.1 S2611 5.4 S2611 5.3

Cyprus 1.1 S2611 1.1 S2611 1.1 S2611 1.1

Czech Republic 11.2 S2611 11.2 S2611 11.1 S2611 11.0

Denmark 8.9 S2611 9.0 S2611 9.2 S2611 8.9

Djibouti 0.1 S2611 0.1 S2611 0.1 S2611 0.1

Dominica 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Dominican Republic 5.0 S2611 5.1 S2611 5.0 S2611 4.7

Ecuador 1.8 S2611 2.2 S2611 2.4 S2611 2.2

Egypt 17.5 S2611 18.9 S2611 19.4 S2611 20.3

El Salvador 0.6 S2611 0.6 S2611 0.7 S2611 0.7

Equatorial Guinea 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Eritrea 0.2 S2611 0.2 S2611 0.2 S2611 0.1

Page 944: Economics of Photoelectricity - November 13 2012

Estonia 2.3 S2611 2.3 S2611 2.7 S2611 2.6

Ethiopia 0.1 S2611 0.1 S2611 0.2 S2611 0.2

Eurasia 237.0 S2611 239.5 S2611 241.8 S2611 240.4

Europe 448.8 S2611 460.4 S2611 465.1 S2611 470.6

Falkland Islands (Islas Malvinas) 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Faroe Islands 0.1 S2611 0.1 S2611 0.1 S2611 0.1

Fiji 0.1 S2611 0.1 S2611 0.1 S2611 0.1

Finland 9.0 S2611 9.0 S2611 9.1 S2611 9.0

France 25.5 S2611 24.6 S2611 24.5 S2611 24.4

French Guiana 0.1 S2611 0.1 S2611 0.1 S2611 0.1

French Polynesia 0.1 S2611 0.1 S2611 0.1 S2611 0.1

Gabon 0.2 S2611 0.2 S2611 0.2 S2611 0.2

Gambia, The 0.0 S2611 0.0 S2611 0.1 S2611 0.1

Georgia 1.7 S2611 1.7 S2611 1.7 S2611 1.7

Germany 72.9 S2611 74.8 S2611 72.9 S2611 74.5

Ghana 0.6 S2611 0.6 S2611 0.8 S2611 0.8

Gibraltar 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Greece 9.7 S2611 9.6 S2611 9.6 S2611 10.0

Greenland 0.1 S2611 0.1 S2611 0.1 S2611 0.1

Grenada 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Guadeloupe 0.4 S2611 0.4 S2611 0.4 S2611 0.4

Guam 0.6 S2611 0.6 S2611 0.6 S2611 0.6

Guatemala 1.3 S2611 1.3 S2611 1.3 S2611 1.5

Guinea 0.2 S2611 0.2 S2611 0.2 S2611 0.3

Guinea-Bissau 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Guyana 0.3 S2611 0.3 S2611 0.3 S2611 0.3

Haiti 0.2 S2611 0.2 S2611 0.2 S2611 0.2

Honduras 1.0 S2611 1.0 S2611 1.1 S2611 1.1

Hong Kong 11.8 S2611 12.4 S2611 12.6 S2611 12.6

Hungary 6.3 S2611 6.3 S2611 6.2 S2611 6.1

Iceland 0.1 S2611 0.1 S2611 0.1 S2611 0.1

India 103.7 S2611 107.8 S2611 117.8 S2611 121.9

Indonesia 22.6 S2611 25.4 S2611 25.9 S2611 26.3

Iran 39.3 S2611 41.1 S2611 43.7 S2611 45.2

Iraq 5.8 S2611 5.8 S2611 4.7 S2611 5.9

Ireland 5.1 S2611 5.1 S2611 5.9 S2611 5.6

Israel 10.0 S2611 10.5 S2611 11.3 S2611 11.7

Italy 60.8 S2611 64.3 S2611 67.5 S2611 71.0

Jamaica 1.1 S2611 1.1 S2611 1.1 S2611 1.1

Japan 175.8 S2611 176.3 S2611 176.9 S2611 179.3

Jordan 1.9 S2611 2.1 S2611 2.2 S2611 2.5

Kazakhstan 16.5 S2611 16.5 S2611 16.5 S2611 16.5

Kenya 0.6 S2611 0.6 S2611 0.4 S2611 0.7

Kiribati 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Korea, North 4.5 S2611 4.5 S2611 4.5 S2611 4.5

Korea, South 45.3 S2611 46.5 S2611 49.8 S2611 55.8

Kuwait 10.9 S2611 10.9 S2611 10.9 S2611 10.9

Kyrgyzstan 0.8 S2611 0.7 S2611 0.7 S2611 0.7

Laos 0.1 S2611 0.1 S2611 0.1 S2611 0.1

Latvia 0.6 S2611 0.6 S2611 0.6 S2611 0.6

Lebanon 2.0 S2611 2.0 S2611 2.0 S2611 2.0

Lesotho 0.0 0.0 0.0 0.0

Liberia 0.2 S2611 0.2 S2611 0.2 S2611 0.2

Libya 5.1 S2611 5.4 S2611 5.5 S2611 6.6

Lithuania 2.5 S2611 2.5 S2611 2.5 S2611 2.5

Luxembourg 0.5 S2611 0.5 S2611 0.5 S2611 0.5

Macau 0.5 S2611 0.5 S2611 0.5 S2611 0.5

Macedonia 1.0 S2611 1.0 S2611 1.0 S2611 1.0

Madagascar 0.2 S2611 0.2 S2611 0.2 S2611 0.3

Malawi 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Malaysia 21.2 S2611 20.5 S2611 20.9 S2611 21.2

Maldives 0.0 S2611 0.1 S2611 0.1 S2611 0.1

Mali 0.1 S2611 0.1 S2611 0.1 S2611 0.1

Malta 0.6 S2611 0.6 S2611 0.6 S2611 0.6

Martinique 0.4 S2611 0.4 S2611 0.4 S2611 0.4

Page 945: Economics of Photoelectricity - November 13 2012

Mauritania 0.1 S2611 0.2 S2611 0.2 S2611 0.2

Mauritius 0.6 S2611 0.7 S2611 0.7 S2611 0.7

Mexico 39.1 S2611 41.6 S2611 43.3 S2611 43.9

Middle East 134.6 S2611 142.2 S2611 147.6 S2611 155.9

Moldova 0.3 S2611 0.3 S2611 0.5 S2611 0.5

Mongolia 0.8 S2611 0.8 S2611 0.8 S2611 0.8

Montenegro 0.2 S2611 0.2 S2611 0.2

Montserrat 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Morocco 3.5 S2611 3.9 S2611 3.9 S2611 4.0

Mozambique 0.2 S2611 0.2 S2611 0.2 S2611 0.2

Namibia 0.1 S2611 0.1 S2611 0.1 S2611 0.1

Nauru 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Nepal 0.1 S2611 0.1 S2611 0.1 S2611 0.1

Netherlands 18.6 S2611 19.4 S2611 20.4 S2611 20.8

Netherlands Antilles 0.2 S2611 0.2 S2611 0.2 S2611 0.2

New Caledonia 0.3 S2611 0.3 S2611 0.3 S2611 0.3

New Zealand 2.8 S2611 2.8 S2611 3.2 S2611 2.9

Nicaragua 0.6 S2611 0.6 S2611 0.6 S2611 0.7

Niger 0.1 S2611 0.1 S2611 0.1 S2611 0.1

Nigeria 4.0 S2611 4.0 S2611 4.0 S2611 4.0

Niue 0.0 S2611 0.0 S2611 0.0 S2611 0.0

North America 831.5 S2611 838.2 S2611 843.8 S2611 850.3

Norway 0.2 S2611 0.1 S2611 0.5 S2611 0.6

Oman 3.0 S2611 3.3 S2611 3.4 S2611 3.9

Pakistan 12.5 S2611 12.5 S2611 12.5 S2611 12.8

Palestine 0.1 S2611 0.1 S2611 0.1 S2611 0.1

Panama 0.7 S2611 0.6 S2611 0.7 S2611 0.8

Papua New Guinea 0.4 S2611 0.4 S2611 0.4 S2611 0.4

Paraguay 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Peru 3.0 S2611 3.4 S2611 3.8 S2611 3.9

Philippines 10.4 S2611 10.5 S2611 10.7 S2611 10.4

Poland 29.8 S2611 29.8 S2611 29.8 S2611 29.7

Portugal 6.9 S2611 7.3 S2611 7.3 S2611 7.4

Puerto Rico 5.3 S2611 5.4 S2611 5.4 S2611 5.4

Qatar 2.8 S2611 3.0 S2611 3.2 S2611 3.9

Reunion 0.3 S2611 0.3 S2611 0.3 S2611 0.3

Romania 12.8 S2611 13.0 S2611 13.5 S2611 13.4

Russia 149.2 S2611 151.5 S2611 153.3 S2611 152.7

Rwanda 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Saint Helena 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Saint Kitts and Nevis 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Saint Lucia 0.1 S2611 0.1 S2611 0.1 S2611 0.1

Saint Pierre and Miquelon 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Saint Vincent/Grenadines 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Samoa 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Sao Tome and Principe 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Saudi Arabia 33.5 S2611 35.9 S2611 36.6 S2611 39.2

Senegal 0.5 S2611 0.5 S2611 0.6 S2611 0.6

Serbia 5.5 S2611 5.5 S2611 5.5

Seychelles 0.1 S2611 0.1 S2611 0.1 S2611 0.1

Sierra Leone 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Singapore 10.1 S2611 10.8 S2611 11.0 S2611 10.4

Slovakia 3.0 S2611 2.9 S2611 2.5 S2611 2.4

Slovenia 1.4 S2611 1.4 S2611 1.4 S2611 1.3

Solomon Islands 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Somalia 0.1 S2611 0.1 S2611 0.1 S2611 0.1

South Africa 38.0 S2611 38.6 S2611 38.8 S2611 40.2

Spain 40.1 S2611 42.9 S2611 46.7 S2611 47.1

Sri Lanka 1.1 S2611 1.1 S2611 1.1 S2611 1.3

Sudan and South Sudan 0.6 S2611 0.7 S2611 0.7 S2611 0.7

Suriname 0.2 S2611 0.2 S2611 0.2 S2611 0.2

Swaziland 0.1 S2611 0.1 S2611 0.1 S2611 0.1

Sweden 4.1 S2611 3.9 S2611 4.7 S2611 4.4

Switzerland 0.5 S2611 0.5 S2611 0.5 S2611 0.5

Syria 6.1 S2611 6.3 S2611 7.0 S2611 6.7

Page 946: Economics of Photoelectricity - November 13 2012

Taiwan 26.7 S2611 27.6 S2611 28.2 S2611 30.2

Tajikistan 0.4 S2611 0.4 S2611 0.4 S2611 0.4

Tanzania 0.3 S2611 0.4 S2611 0.4 S2611 0.4

Thailand 29.9 S2611 25.6 S2611 32.6 S2611 37.2

Timor-Leste (East Timor) 0.0 0.0 0.0 0.0

Togo 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Tonga 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Trinidad and Tobago 1.5 S2611 1.4 S2611 1.4 S2611 1.4

Tunisia 3.2 S2611 3.3 S2611 3.1 S2611 3.2

Turkey 25.8 S2611 27.3 S2611 27.2 S2611 27.5

Turkmenistan 3.1 S2611 2.9 S2611 2.9 S2611 2.9

Turks and Caicos Islands 0.0 S2611 0.0 S2611 0.1 S2611 0.1

U.S. Pacific Islands 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Uganda 0.0 S2611 0.1 S2611 0.1 S2611 0.2

Ukraine 34.9 S2611 35.0 S2611 35.0 S2611 35.0

United Arab Emirates 15.7 S2611 17.3 S2611 18.5 S2611 19.8

United Kingdom 63.1 S2611 64.8 S2611 64.8 S2611 65.0

United States 757.1 S2611 761.6 S2611 764.0 S2611 770.2

Uruguay 0.5 S2611 0.7 S2611 0.9 S2611 1.0

Uzbekistan 10.8 S2611 10.8 S2611 10.6 S2611 9.9

Vanuatu 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Venezuela 7.5 S2611 7.6 S2611 7.9 S2611 8.6

Vietnam 8.1 S2611 8.3 S2611 8.4 S2611 9.0

Virgin Islands, U.S. 0.3 S2611 0.3 S2611 0.3 S2611 0.3

Virgin Islands, British 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Wake Island 0.0 0.0 0.0 0.0

Western Sahara 0.1 S2611 0.1 S2611 0.1 S2611 0.1

World 2749.6 S2611 2884.3 S2611 3002.4 S2611 3099.4

Yemen 1.1 S2611 1.1 S2611 1.2 S2611 1.2

Zambia 0.0 S2611 0.0 S2611 0.0 S2611 0.0

Zimbabwe 1.3 S2611 1.3 S2611 1.3 S2611 1.3

Page 947: Economics of Photoelectricity - November 13 2012

Source 2009 Source 2010 Source 2011 Source

S2611 0.1 S2611

S2611 101.0 S2611

S2611 0.2 S2611

S2611 10.1 S2611

S2611 0.1 S2611

S2611 0.7 S2611

0.0

S2611 0.0 S2611

S2611 21.0 S2611

S2611 1.7 S2611

S2611 0.2 S2611

S2611 1266.8 S2611

S2611 45.0 S2611

S2611 4.1 S2611

S2611 4.8 S2611

S2611 0.5 S2611

S2611 3.2 S2611

S2611 5.6 S2611

S2611 0.2 S2611

S2611 8.0 S2611

S2611 8.1 S2611

S2611 0.0 S2611

S2611 0.1 S2611

S2611 0.2 S2611

S2611 0.0 S2611

S2611 1.0 S2611

S2611 1.9 S2611

S2611 0.1 S2611

S2611 18.2 S2611

S2611 0.8 S2611

S2611 4.4 S2611

S2611 0.2 S2611

S2611 1.3 S2611

S2611 0.0 S2611

S2611 0.4 S2611

S2611 0.3 S2611

S2611 37.9 S2611

S2611 0.1 S2611

S2611 0.2 S2611

S2611 98.6 S2611

S2611 0.0 S2611

S2611 0.0 S2611

S2611 10.0 S2611

S2611 652.1 S2611

S2611 4.5 S2611

S2611 0.0 S2611

S2611 0.0 S2611

S2611 0.0 S2611

S2611 0.0 S2611

S2611 0.6 S2611

S2611 0.6 S2611

S2611 1.9 S2611

S2611 5.5 S2611

S2611 1.4 S2611

S2611 11.0 S2611

S2611 8.8 S2611

S2611 0.1 S2611

S2611 0.0 S2611

S2611 2.5 S2611

S2611 2.8 S2611

S2611 21.4 S2611

S2611 0.8 S2611

S2611 0.0 S2611

S2611 0.1 S2611

Page 948: Economics of Photoelectricity - November 13 2012

S2611 2.5 S2611

S2611 0.2 S2611

S2611 241.5 S2611

S2611 475.0 S2611

S2611 0.0 S2611

S2611 0.1 S2611

S2611 0.1 S2611

S2611 8.6 S2611

S2611 24.4 S2611

S2611 0.1 S2611

S2611 0.1 S2611

S2611 0.2 S2611

S2611 0.1 S2611

S2611 1.7 S2611

S2611 74.1 S2611

S2611 0.8 S2611

S2611 0.0 S2611

S2611 10.1 S2611

S2611 0.1 S2611

S2611 0.0 S2611

S2611 0.4 S2611

S2611 0.6 S2611

S2611 1.6 S2611

S2611 0.3 S2611

S2611 0.0 S2611

S2611 0.3 S2611

S2611 0.2 S2611

S2611 1.1 S2611

S2611 12.6 S2611

S2611 6.1 S2611

S2611 0.1 S2611

S2611 132.4 S2611

S2611 26.7 S2611

S2611 48.4 S2611

S2611 6.7 S2611

S2611 5.6 S2611

S2611 12.0 S2611

S2611 71.1 S2611

S2611 1.1 S2611

S2611 181.7 S2611

S2611 2.6 S2611

S2611 16.5 S2611

S2611 0.7 S2611

S2611 0.0 S2611

S2611 4.5 S2611

S2611 56.3 S2611

S2611 10.9 S2611

S2611 0.7 S2611

S2611 0.1 S2611

S2611 0.6 S2611

S2611 2.0 S2611

0.0

S2611 0.2 S2611

S2611 6.8 S2611

S2611 2.5 S2611

S2611 0.5 S2611

S2611 0.5 S2611

S2611 1.0 S2611

S2611 0.3 S2611

S2611 0.0 S2611

S2611 23.1 S2611

S2611 0.1 S2611

S2611 0.1 S2611

S2611 0.6 S2611

S2611 0.4 S2611

Page 949: Economics of Photoelectricity - November 13 2012

S2611 0.2 S2611

S2611 0.7 S2611

S2611 44.5 S2611

S2611 170.1 S2611

S2611 0.5 S2611

S2611 0.8 S2611

S2611 0.2 S2611

S2611 0.0 S2611

S2611 4.2 S2611

S2611 0.2 S2611

S2611 0.1 S2611

S2611 0.0 S2611

S2611 0.1 S2611

S2611 21.9 S2611

S2611 0.2 S2611

S2611 0.3 S2611

S2611 2.8 S2611

S2611 0.7 S2611

S2611 0.1 S2611

S2611 4.0 S2611

S2611 0.0 S2611

S2611 857.0 S2611

S2611 0.8 S2611

S2611 4.2 S2611

S2611 13.2 S2611

S2611 0.1 S2611

S2611 0.9 S2611

S2611 0.4 S2611

S2611 0.0 S2611

S2611 4.7 S2611

S2611 10.3 S2611

S2611 29.9 S2611

S2611 8.4 S2611

S2611 5.4 S2611

S2611 3.9 S2611

S2611 0.3 S2611

S2611 12.9 S2611

S2611 153.8 S2611

S2611 0.0 S2611

S2611 0.0 S2611

S2611 0.0 S2611

S2611 0.1 S2611

S2611 0.0 S2611

S2611 0.0 S2611

S2611 0.0 S2611

S2611 0.0 S2611

S2611 44.5 S2611

S2611 0.6 S2611

S2611 5.5 S2611

S2611 0.1 S2611

S2611 0.0 S2611

S2611 10.4 S2611

S2611 2.7 S2611

S2611 1.3 S2611

S2611 0.0 S2611

S2611 0.1 S2611

S2611 40.2 S2611

S2611 46.9 S2611

S2611 1.3 S2611

S2611 0.7 S2611

S2611 0.2 S2611

S2611 0.1 S2611

S2611 4.4 S2611

S2611 0.5 S2611

S2611 7.0 S2611

Page 950: Economics of Photoelectricity - November 13 2012

S2611 30.2 S2611

S2611 0.4 S2611

S2611 0.4 S2611

S2611 43.1 S2611

0.0

S2611 0.0 S2611

S2611 0.0 S2611

S2611 1.4 S2611

S2611 3.5 S2611

S2611 29.2 S2611

S2611 2.9 S2611

S2611 0.1 S2611

S2611 0.0 S2611

S2611 0.2 S2611

S2611 35.0 S2611

S2611 23.2 S2611

S2611 66.3 S2611

S2611 774.3 S2611

S2611 1.0 S2611

S2611 9.9 S2611

S2611 0.0 S2611

S2611 10.2 S2611

S2611 9.7 S2611

S2611 0.3 S2611

S2611 0.0 S2611

0.0

S2611 0.1 S2611

S2611 3210.0 S2611

S2611 1.3 S2611

S2611 0.0 S2611

S2611 1.3 S2611

Page 951: Economics of Photoelectricity - November 13 2012

Megawatts 1987 1988 1989 2000 2001 2002

Afghanistan Annual

Total

Source

Albania Annual

Total

Source

Algeria Annual

Total

Source

American Samoa Annual

Total

Source

Angola Annual

Total

Source

Antarctica Annual

Total

Source

Antigua and Barbuda Annual

Total

Source

Argentina Annual

Total

Source

Armenia Annual

Total

Source

Aruba Annual

Total

Source

Australia Annual 41 32

Total 32 73 105

Source S718 S718 S718

Austria Annual

Total

Source

Azerbaijan Annual

Total

Source

Bahamas, The Annual

Total

Source

Bahrain Annual

Total

Source

Bangladesh Annual

Total

Source

Barbados Annual

Total

Source

Belarus Annual

Total

Source

Belgium Annual

Total

Source

Belize Annual

Total

Source

Benin Annual

Total

Source

Bermuda Annual

Page 952: Economics of Photoelectricity - November 13 2012

Total

Source

Bhutan Annual

Total

Source

Bolivia Annual

Total

Source

Bosnia and Herzegovina Annual

Total

Source

Botswana Annual

Total

Source

Brazil Annual

Total 22

Source S718

Brunei Annual

Total

Source

Bulgaria Annual

Total

Source

Burkina Faso Annual

Total

Source

Burma (Myanmar) Annual

Total

Source

Burundi Annual

Total

Source

Cambodia Annual

Total

Source

Cameroon Annual

Total

Source

Canada Annual 61 38

Total 137 198 236

Source S718 S718 S718

Cape Verde Annual

Total

Source

Cayman Islands Annual

Total

Source

Central African Republic Annual

Total

Source

Chad Annual

Total

Source

Chile Annual

Total

Source

China Annual 56 67

Total 346 402 469

Source S718 S718 S718

Colombia Annual

Total

Source

Comoros Annual

Total

Source

Page 953: Economics of Photoelectricity - November 13 2012

Congo (Brazzaville) Annual

Total

Source

Congo (Kinshasa) Annual

Total

Source

Cook Islands Annual

Total

Source

Costa Rica Annual

Total

Source

Cote dIvoire (IvoryCoast) Annual

Total

Source

Croatia Annual

Total

Source

Cuba Annual

Total

Source

Cyprus Annual

Total

Source

Czech Republic Annual

Total

Source

Denmark Annual 82 65 582 117 463

Total 115 197 262 2300 2417 2880

Source W87 W87 W87 W87 W87 W87

Djibouti Annual

Total

Source

Dominica Annual

Total

Source

Dominican Republic Annual

Total

Source

Ecuador Annual

Total

Source

Egypt Annual 0 63

Total 5 5 68

Source S718 S718 S718

El Salvador Annual

Total

Source

Equatorial Guinea Annual

Total

Source

Eritrea Annual

Total

Source

Estonia Annual

Total

Source

Ethiopia Annual

Total

Source

Eurasia Annual

Total

Source

Falkland Islands (Islas Malvinas) Annual

Total

Page 954: Economics of Photoelectricity - November 13 2012

Source

Faroe Islands Annual

Total

Source

Fiji Annual

Total

Source

Finland Annual

Total

Source

France Annual

Total

Source

French Guiana Annual

Total

Source

French Polynesia Annual

Total

Source

Gabon Annual

Total

Source

Gambia, The Annual

Total

Source

Georgia Annual

Total

Source

Germany Annual 2650 3240

Total 6104 8754 11994

Source S718 S718 S718

Ghana Annual

Total

Source

Gibraltar Annual

Total

Source

Greece Annual

Total

Source

Greenland Annual

Total

Source

Grenada Annual

Total

Source

Guadeloupe Annual

Total

Source

Guam Annual

Total

Source

Guatemala Annual

Total

Source

Guinea Annual

Total

Source

Guinea-Bissau Annual

Total

Source

Guyana Annual

Total

Source

Haiti Annual

Page 955: Economics of Photoelectricity - November 13 2012

Total

Source

Honduras Annual

Total

Source

Hong Kong Annual

Total

Source

Hungary Annual

Total

Source

Iceland Annual

Total

Source

India Annual 236 246

Total 1220 1456 1702

Source S718 S718 S718

Indonesia Annual

Total

Source

Iran Annual

Total 12

Source S718

Iraq Annual

Total

Source

Ireland Annual

Total

Source

Israel Annual

Total

Source

Italy Annual

Total 427 690 797

Source S718 S718 S718

Jamaica Annual

Total

Source

Japan Annual 169 153

Total 139 308 461

Source S718 S718 S718

Jordan Annual

Total

Source

Kazakhstan Annual

Total

Source

Kenya Annual

Total

Source

Kiribati Annual

Total

Source

Korea, North Annual

Total

Source

Korea, South Annual 4.7 5.4

Total 7.9 12.6 18

Source S718 S718 S718

Kuwait Annual

Total

Source

Kyrgyzstan Annual

Total

Source

Page 956: Economics of Photoelectricity - November 13 2012

Laos Annual

Total

Source

Latvia Annual

Total

Source

Lebanon Annual

Total

Source

Lesotho Annual

Total

Source

Liberia Annual

Total

Source

Libya Annual

Total

Source

Lithuania Annual

Total

Source

Luxembourg Annual

Total

Source

Macau Annual

Total

Source

Macedonia Annual

Total

Source

Madagascar Annual

Total

Source

Malawi Annual

Total

Source

Malaysia Annual

Total

Source

Maldives Annual

Total

Source

Mali Annual

Total

Source

Malta Annual

Total

Source

Martinique Annual

Total

Source

Mauritania Annual

Total

Source

Mauritius Annual

Total

Source

Mexico Annual

Total 0 0 0

Source S718 S718 S718

Middle East Annual

Total

Source

Moldova Annual

Total

Page 957: Economics of Photoelectricity - November 13 2012

Source

Mongolia Annual

Total

Source

Montenegro Annual

Total

Source

Montserrat Annual

Total

Source

Morocco Annual 0 0

Total 53.9 53.9 53.9

Source S718 S718 S718

Mozambique Annual

Total

Source

Namibia Annual

Total

Source

Nauru Annual

Total

Source

Nepal Annual

Total

Source

Netherlands Annual

Total

Source

Netherlands Antilles Annual

Total

Source

New Caledonia Annual

Total

Source

New Zealand Annual

Total

Source

Nicaragua Annual

Total

Source

Niger Annual

Total

Source

Nigeria Annual

Total

Source

Niue Annual

Total

Source

Norway Annual

Total

Source

Oman Annual

Total

Source

Pakistan Annual

Total

Source

Palestine Annual

Total

Source

Panama Annual

Total

Source

Papua New Guinea Annual

Page 958: Economics of Photoelectricity - November 13 2012

Total

Source

Paraguay Annual

Total

Source

Peru Annual

Total

Source

Philippines Annual

Total

Source

Poland Annual 14 41

Total 4 18 59

Source S718 S718 S718

Portugal Annual

Total

Source

Puerto Rico Annual

Total

Source

Qatar Annual

Total

Source

Reunion Annual

Total

Source

Romania Annual

Total

Source

Russia Annual

Total

Source

Rwanda Annual

Total

Source

Saint Helena Annual

Total

Source

Saint Kitts and Nevis Annual

Total

Source

Saint Lucia Annual

Total

Source

Saint Pierre and Miquelon Annual

Total

Source

Saint Vincent/Grenadines Annual

Total

Source

Samoa Annual

Total

Source

Sao Tome and Principe Annual

Total

Source

Saudi Arabia Annual

Total

Source

Senegal Annual

Total

Source

Serbia Annual

Total

Source

Page 959: Economics of Photoelectricity - November 13 2012

Seychelles Annual

Total

Source

Sierra Leone Annual

Total

Source

Singapore Annual

Total

Source

Slovakia Annual

Total

Source

Slovenia Annual

Total

Source

Solomon Islands Annual

Total

Source

Somalia Annual

Total

Source

South Africa Annual

Total

Source

Spain Annual 1102 1488

Total 2235 3337 4825

Source S718 S718 S718

Sri Lanka Annual

Total

Source

Sudan and South Sudan Annual

Total

Source

Suriname Annual

Total

Source

Swaziland Annual

Total

Source

Sweden Annual

Total

Source

Switzerland Annual

Total

Source

Syria Annual

Total

Source

Taiwan Annual

Total

Source

Tajikistan Annual

Total

Source

Tanzania Annual

Total

Source

Thailand Annual

Total

Source

Timor-Leste (East Timor) Annual

Total

Source

Togo Annual

Total

Page 960: Economics of Photoelectricity - November 13 2012

Source

Tonga Annual

Total

Source

Trinidad and Tobago Annual

Total

Source

Tunisia Annual

Total

Source

Turkey Annual

Total

Source

Turkmenistan Annual

Total

Source

Turks and Caicos Islands Annual

Total

Source

U.S. Pacific Islands Annual

Total

Source

Uganda Annual

Total

Source

Ukraine Annual

Total

Source

United Arab Emirates Annual

Total

Source

United Kingdom Annual 68 78

Total 406 474 552

Source S718 S718 S718

United States Annual 1697 410

Total 2578 4275 4685

Source S718 S718 S718

Uruguay Annual

Total

Source

Uzbekistan Annual

Total

Source

Vanuatu Annual

Total

Source

Venezuela Annual

Total

Source

Vietnam Annual

Total

Source

Virgin Islands, U.S. Annual

Total

Source

Virgin Islands, British Annual

Total

Source

Wake Island Annual

Total

Source

Western Sahara Annual

Total

Source

Yemen Annual

Page 961: Economics of Photoelectricity - November 13 2012

Total

Source

Zambia Annual

Total

Source

Zimbabwe Annual

Total

Source

Africa Annual

Total

Source

Asia & Oceania Annual

Total

Source

Central & South America Annual

Total

Source

Europe Annual

Total

Source

North America Annual

Total

Source

World Annual 3760 6500 7270

Total 17400 23900 31100

Source S673 S673 S673

Pacific Region Annual

Total

Source

Carribean Annual

Total

Source

Page 962: Economics of Photoelectricity - November 13 2012

2003 2004 2005 2006 2007 2008 2009 2010 2011

1 2 0 79

26.8 27.8 29.8 29.8 50 130

S715 S715 S715 S715 S2591 S2591

93 182 328 109 0 676.7 234

198 380 708 817.3 817.3 1494 1990 2224

S718 S718 S715 S715 S715 S715 S2591 S2591

146 17 13.4 73

819 964.5 981.5 994.9 1014 1084

S673 S715 S715 S715 S2591 S2591

26.9 92.6 96.7 192

167.4 194.3 286.9 383.6 886 1978

S715 S715 S715 S715 S2591 S2591

Page 963: Economics of Photoelectricity - November 13 2012

7 0 0 207.9 10.2 91.5 583

29 29 29 236.9 247.1 338.5 927 1509

S718 S718 S715 S715 S715 S715 S2591 S2591

22 20.9 100.6

14 36 56.9 157.5

S715 S715 S715 S715

86 122 239 776 387 523 1300

322 444 683 1459 1846 2369 4000 5300

S718 S718 S673 S673 S715 S715 S2590 S2590

23

2 24

S2591 S2591

33

172 205

S2591 S2591

98 197 496 1347 3308 6298 12894 19629 17631

567 764 1260 2604 5912 12210 25104 44733 62364

S718 S718 S673 S673 S715 S715 S946 S2590*, S2591 S2591

Page 964: Economics of Photoelectricity - November 13 2012

3 0 0 13

71 74 74 74 119 132

S715 S715 S715 S715 S2591 S2591

27 59.5 34

29.5 56.5 116 150

S715 S715 S715 S715

230 7 5 12 35 305 284 178

3110 3117 3122 3136 3125 3160 3465 3749 3871

W87 W87 S672 S673 W87 S715 S946 S2591 S2591

33

33

S2591

30 47 0 85 80 80 0

98 145 145 230 310 390 550 550

S718 S718 S673 S673 S715 S715 S2591 S2591

0 25.6 19.7

33 33 58.6 78.3

S715 S715 S715 S715

Page 965: Economics of Photoelectricity - November 13 2012

4 24 30

82 86 110 140

S715 S715 S715 S715

810 888 949 1088 1478 830

757 1567 2455 3404 4492 5970 6800

S673 S673 S715 S715 S946 S2591 S2591

2615 2020 1808 2233 1625 1655.4 1874 1414 2086

14609 16629 18428 20622 22247 23903 25777 27191 29060

S718 S718 S672 S673 S715 S715 S946 S2591 S2591

173 115.7 116.5 311

573.3 757.6 873.3 989.7 1323 1629

S715 S715 S715 S715 S2591 S2591

20.5 20.5 44 20.5

S715 S715 S715 S715

Page 966: Economics of Photoelectricity - November 13 2012

102

0 102

S2591 S2591

43.4 4.1 62

17.5 60.9 65 127

S715 S715 S715 S715

423 875 1430 1840 1580 1737 1339 2139 3019

2125 3000 4430 6270 7850 9587 10926 13065 16084

S718 S718 S673 S673 S715 S715 S946 S2591 S2591

3 6 10.6 15.8 19.1 15.5 3

15 21 31.6 47.4 66.5 82 90 91

S718 S718 S715 S715 S715 S715 S2591 S2591

250 59 439.7 239

495.2 746 805 1244.7 1392 1631

S715 S715 S715 S715 S2591 S2591

452 404.7 603.1 1009.9 1114 947 950

913 1255 1718.3 2123 2726.1 3736 4850 5797 6737

S718 S718 S672, S715 S715 S715 S715 S946 S2591 S2591

0 0 0

20.7 20.7 20.7 20.7

S715 S715 S715 S715

217 258 104 333 219 352 168

678 936 1040 1309 1528 1880 2334 2501

S718 S718 S715 S715 S715 S715 S2591 S2591

50 30 21.1 57.2 15.8 85.9 28

68 98 119.1 176.3 192.1 278 379 407

S718 S718 S715 S715 S715 S715 S2591 S2591

Page 967: Economics of Photoelectricity - November 13 2012

0 0 2.6

27.4 27.4 27.4 30

S715 S715 S715 S715

2.1

7 55 52.3 54.4

S715 S715 S715 S715

0 0 0

35.3 35.3 35.3 35.3

S715 S715 S715 S715

0 0 2.2 84 85 85

S718 S718 S715 S715 S715 S715

Page 968: Economics of Photoelectricity - November 13 2012

0 0 10.1 0 61.2 0 5

53.9 53.9 64 64 125.2 125.2 286 291

S718 S718 S673 S715 S715 S715 S2591 S2591

356 188 478 68

1224 1559 1747 2225 2269 2328

S715 S715 S715 S715 S2591 S2591

2.8 150.8 3.5 109

168.2 171 321.8 325.3 514 623

S715 S715 S715 S715 S2591 S2591

47 8 95.1

268 325 333 428

S715 S715 S715 S715

Page 969: Economics of Photoelectricity - November 13 2012

0 0 0

25.2 25.2 25.2 25.2

S715 S715 S715 S715

1 5 19 69 123 196 436

60 65 84 153 276 472 1180 1616

S718 S718 S718 S673 S715 S715 S2591 S2591

500 732 673 171 377

1022 2130 2862 3535 3706 4083

S672 S715 S715 S946 S2591 S2591

Page 970: Economics of Photoelectricity - November 13 2012

0 0 5.2

16.6 16.6 16.6 21.8

S715 S715 S715 S715

1378 2060 1764 1587 3530 1595.2 2409 1474 1050

6203 8263 10027 11615 15145 16740 19149 20623 21674

S718 S718 S672 S673 S715 S715 S946 S2591 S2591

62 259.8 235.9 763

509.1 571.2 831 1066.9 2163 2970

S715 S715 S715 S715 S2591 S2591

84 92.2 78.3 45

103.7 187.7 279.9 358.2 519 564

S715 S715 S715 S715 S2591 S2591

Page 971: Economics of Photoelectricity - November 13 2012

0

20 20

S673 S673

44.5 142.2 126.6 470

20.1 64.6 206.8 333.4 1329 1799

S715 S715 S715 S715 S2591 S2591

8.3 3.4 1

77.3 85.6 89 90

S715 S715 S715 S715

96 240 446 609.9 426.1 898.9 763 1197 1293

648 888 1353 1962.9 2389 3288 4051 5248 6540

S718 S718 S672 S673 S715 S715 S946 S2591 S2591

1687 353 2424 2454 5244 8358 9989 5141 6800

6372 6725 9149 11603 16812 25170 35159 40300 46900

S718 S718 S715 S673 S678 S715 S946 S2590 S2590

0 0.4 19.9

0.2 0.2 0.6 20.5

S715 S715 S715 S715

8 29

30

S2591 S2591

Page 972: Economics of Photoelectricity - November 13 2012

20929

61106 82029

S2591 S2591

852

1478 2330

S2591 S2591

10900 10281

86647 96606

S946 S2591 S2591

8127

44825 52753

S2591 S2591

8133 8207 11531 15197 19776 27261 36712 39737 40654

39431 47620 59091 74223 93927 121188 157900 197637 237669

S673 S673 S673 S673 S715 S715 S946 S2591 S2591

343

2516 2859

S2591 S2591

0

91 91

S2591 S2591

Page 973: Economics of Photoelectricity - November 13 2012

2012 * Installation statistics listed here. China's installation rate is speeding ahead of their connection rate due to transmission bottlenecks.

Page 974: Economics of Photoelectricity - November 13 2012

* Installation statistics listed here. China's installation rate is speeding ahead of their connection rate due to transmission bottlenecks.

Page 975: Economics of Photoelectricity - November 13 2012

Nuclear Nuclear Nuclear Nuclear Nuclear Solar Solar

Year Annual GW Total GW TWh/year CF Source Annual GW Total GW

1954 0 0

1955 0 0

1956 0 0

1957 0 0

1958 0 0

1959 0 1

1960 1 1 7 kW

1961 0 1

1962 1 2

1963 0 3

1964 1 4

1965 2 6 26 50% S2738

1966 2 8 34 51% S2738

1967 2 10 42 50% S2738

1968 1 11 52 56% S2738

1969 3 14 63 51% S2738

1970 4 18 77 50% S2738 0.000

1971 7 24 110 52% S2738

1972 8 33 151 53% S2738

1973 11 44 203 53% S2738 0.000

1974 17 61 263 49% S2738

1975 9 70 364 59% S2738 0.000

1976 14 84 433 59% S2738 0.002

1977 12 96 535 63% S2738 0.002

1978 16 112 619 63% S2738 0.003

1979 6 118 640 62% S2738 0.004

1980 15 133 711 61% S2738 0.007

1981 21 154 836 62% S2738 0.008

1982 14 168 917 62% S2738 0.012

1983 19 188 1,030 63% S2738 0.020 0.032

1984 31 218 1,245 65% S2738 0.022 0.054

1985 27 246 1,482 69% S2738 0.026 0.080

1986 26 272 1,597 67% S2738 0.028 0.108

1987 24 296 1,736 67% S2738 0.029 0.137

1988 9 305 1,893 71% S2738 0.034 0.171

1989 7 312 1,947 71% S2738 0.040 0.211

1990 6 318 2,002 72% S2738 0.047 0.258

1991 4 322 2,097 74% S2738 0.055 0.313

1992 3 325 2,114 74% S2738 0.059 0.372

1993 9 334 2,187 75% S2738 0.060 0.432

1994 3 337 2,228 75% S2738 0.070 0.502

1995 4 341 2,324 78% S2738 0.078 0.58

1996 6 347 2,408 79% S2738 0.089 0.669

1997 1 348 2,391 78% S2738 0.126 0.795

1998 -3 345 2,431 80% S2738 0.153 0.948

1999 2 347 2,524 83% S2738 0.202 1.15

2000 3 350 2,582 84% S2738 0.278 1.428

2001 3 353 2,655 86% S2738 0.334 1.762

2002 5 357 2,699 86% S2738 0.439 2.201

2003 3 360 2,645 84% S2738 0.594 2.795

2004 5 365 2,763 86% S2738 1.052 3.847

2005 3 368 2,770 86% S2738 1.32 5.167

2006 1 370 2,806 87% S2738 1.467 6.634

2007 2 372 2,608 80% S2739 3.366 10

2008 0 371 2,598 80% S2739 6 16

2009 -1 371 2,558 79% S2739 7 23

2010 5 375 2,630 80% S2739 18.2 41.2

2011 -6 369 2,518 78% S2739 30 71.2

2012

Page 976: Economics of Photoelectricity - November 13 2012

Solar

Source

S2070

S2070

N144

S2069, estimate

N143

N143

N143

N143

N143

N143

N143

N143

N143

N143

N143

N143

N143

N143

N143

N143

S385, N143

N143

S1658

S1658

S1658

S1658

S1658

S1658

S1658

S1658

S1658

S1658

S1658

S1658

S1658

S1651

S1651

S1651

S1666

Guess

Page 977: Economics of Photoelectricity - November 13 2012

Gigawatts 2005 Source 2006 Source 2007 Source 2008

Afghanistan 0.5 S2612 0.5 S2612 0.5 S2612 0.5

Albania 1.6 S2612 1.6 S2612 1.6 S2612 1.6

Algeria 7.5 S2612 7.9 S2612 8.1 S2612 8.1

American Samoa 0.1 S2612 0.1 S2612 0.1 S2612 0.1

Angola 0.8 S2612 0.8 S2612 1.2 S2612 1.2

Antarctica 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Antigua and Barbuda 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Argentina 28.3 S2612 28.3 S2612 29.1 S2612 31.0

Armenia 3.2 S2612 3.2 S2612 3.1 S2612 3.2

Aruba 0.2 S2612 0.2 S2612 0.2 S2612 0.2

Australia 50.5 S2612 51.2 S2612 53.2 S2612 55.2

Austria 18.9 S2612 19.2 S2612 19.1 S2612 20.6

Azerbaijan 5.2 S2612 5.6 S2612 5.7 S2612 5.8

Bahamas, The 0.5 S2612 0.5 S2612 0.5 S2612 0.5

Bahrain 2.3 S2612 2.8 S2612 2.8 S2612 2.8

Bangladesh 4.7 S2612 5.3 S2612 5.3 S2612 5.5

Barbados 0.2 S2612 0.2 S2612 0.2 S2612 0.2

Belarus 8.0 S2612 8.0 S2612 8.0 S2612 8.0

Belgium 16.1 S2612 16.3 S2612 16.4 S2612 16.8

Belize 0.1 S2612 0.1 S2612 0.1 S2612 0.1

Benin 0.1 S2612 0.1 S2612 0.1 S2612 0.1

Bermuda 0.2 S2612 0.2 S2612 0.2 S2612 0.2

Bhutan 0.5 S2612 1.5 S2612 1.5 S2612 1.5

Bolivia 1.4 S2612 1.4 S2612 1.5 S2612 1.5

Bosnia and Herzegovina 4.3 S2612 4.3 S2612 4.3 S2612 4.3

Botswana 0.1 S2612 0.1 S2612 0.1 S2612 0.1

Brazil 93.2 S2612 96.6 S2612 100.4 S2612 104.1

Brunei 0.8 S2612 0.8 S2612 0.8 S2612 0.8

Bulgaria 12.5 S2612 12.2 S2612 9.7 S2612 9.7

Burkina Faso 0.2 S2612 0.3 S2612 0.2 S2612 0.3

Burma (Myanmar) 1.7 S2612 1.8 S2612 1.8 S2612 1.8

Burundi 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Cambodia 0.2 S2612 0.3 S2612 0.4 S2612 0.4

Cameroon 1.1 S2612 1.1 S2612 1.1 S2612 1.1

Canada 122.8 S2612 123.9 S2612 126.4 S2612 127.6

Cape Verde 0.1 S2612 0.1 S2612 0.1 S2612 0.1

Cayman Islands 0.1 S2612 0.1 S2612 0.1 S2612 0.1

Central African Republic 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Chad 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Chile 12.6 S2612 13.0 S2612 13.6 S2612 14.0

China 519.0 S2612 625.5 S2612 717.4 S2612 797.1

Colombia 13.4 S2612 13.4 S2612 13.4 S2612 13.4

Comoros 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Congo (Brazzaville) 0.1 S2612 0.1 S2612 0.1 S2612 0.1

Congo (Kinshasa) 2.4 S2612 2.4 S2612 2.4 S2612 2.5

Cook Islands 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Costa Rica 2.0 S2612 2.2 S2612 2.1 S2612 2.4

Cote dIvoire (IvoryCoast) 1.2 S2612 1.2 S2612 1.2 S2612 1.2

Croatia 3.9 S2612 3.9 S2612 3.9 S2612 3.9

Cuba 4.3 S2612 5.2 S2612 5.4 S2612 5.4

Cyprus 1.1 S2612 1.1 S2612 1.1 S2612 1.1

Czech Republic 17.4 S2612 17.5 S2612 17.6 S2612 17.7

Denmark 13.0 S2612 13.0 S2612 13.0 S2612 13.0

Djibouti 0.1 S2612 0.1 S2612 0.1 S2612 0.1

Dominica 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Dominican Republic 5.5 S2612 5.6 S2612 5.5 S2612 5.2

Ecuador 3.6 S2612 4.1 S2612 4.6 S2612 4.3

Egypt 20.5 S2612 21.9 S2612 22.6 S2612 23.5

El Salvador 1.3 S2612 1.3 S2612 1.4 S2612 1.5

Equatorial Guinea 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Eritrea 0.2 S2612 0.2 S2612 0.2 S2612 0.1

Estonia 2.3 S2612 2.3 S2612 2.8 S2612 2.7

Ethiopia 0.8 S2612 0.8 S2612 0.8 S2612 0.9

Falkland Islands (Islas Malvinas) 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Page 978: Economics of Photoelectricity - November 13 2012

Faroe Islands 0.1 S2612 0.1 S2612 0.1 S2612 0.1

Fiji 0.2 S2612 0.2 S2612 0.2 S2612 0.2

Finland 16.5 S2612 16.6 S2612 16.7 S2612 16.6

France 115.8 S2612 115.7 S2612 116.6 S2612 117.7

French Guiana 0.1 S2612 0.1 S2612 0.1 S2612 0.1

French Polynesia 0.1 S2612 0.1 S2612 0.1 S2612 0.1

Gabon 0.4 S2612 0.4 S2612 0.4 S2612 0.4

Gambia, The 0.0 S2612 0.0 S2612 0.1 S2612 0.1

Georgia 4.4 S2612 4.3 S2612 4.3 S2612 4.5

Germany 125.0 S2612 131.6 S2612 134.1 S2612 139.3

Ghana 1.7 S2612 1.7 S2612 1.9 S2612 2.0

Gibraltar 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Greece 13.3 S2612 13.6 S2612 13.7 S2612 14.3

Greenland 0.1 S2612 0.1 S2612 0.1 S2612 0.1

Grenada 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Guadeloupe 0.5 S2612 0.5 S2612 0.5 S2612 0.5

Guam 0.6 S2612 0.6 S2612 0.6 S2612 0.6

Guatemala 2.1 S2612 2.1 S2612 2.1 S2612 2.3

Guinea 0.3 S2612 0.3 S2612 0.3 S2612 0.4

Guinea-Bissau 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Guyana 0.3 S2612 0.3 S2612 0.3 S2612 0.3

Haiti 0.2 S2612 0.2 S2612 0.2 S2612 0.2

Honduras 1.6 S2612 1.6 S2612 1.7 S2612 1.7

Hong Kong 11.8 S2612 12.4 S2612 12.6 S2612 12.6

Hungary 8.6 S2612 8.6 S2612 8.5 S2612 8.6

Iceland 1.5 S2612 1.7 S2612 2.4 S2612 2.6

India 147.5 S2612 155.7 S2612 169.3 S2612 177.1

Indonesia 27.9 S2612 31.1 S2612 31.7 S2612 32.2

Iran 44.4 S2612 47.4 S2612 50.9 S2612 53.0

Iraq 7.7 S2612 8.0 S2612 7.0 S2612 8.4

Ireland 6.2 S2612 6.4 S2612 7.3 S2612 7.2

Israel 10.0 S2612 10.5 S2612 11.3 S2612 11.7

Italy 85.4 S2612 89.4 S2612 93.5 S2612 98.6

Jamaica 1.2 S2612 1.2 S2612 1.2 S2612 1.2

Japan 277.3 S2612 278.7 S2612 279.2 S2612 280.5

Jordan 1.9 S2612 2.1 S2612 2.2 S2612 2.5

Kazakhstan 18.7 S2612 18.7 S2612 18.7 S2612 18.7

Kenya 1.4 S2612 1.4 S2612 1.3 S2612 1.7

Kiribati 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Korea, North 9.5 S2612 9.5 S2612 9.5 S2612 9.5

Korea, South 66.5 S2612 70.1 S2612 73.4 S2612 79.9

Kuwait 10.9 S2612 10.9 S2612 10.9 S2612 10.9

Kyrgyzstan 3.7 S2612 3.6 S2612 3.6 S2612 3.6

Laos 0.7 S2612 0.7 S2612 0.7 S2612 0.7

Latvia 2.2 S2612 2.2 S2612 2.1 S2612 2.2

Lebanon 2.3 S2612 2.3 S2612 2.3 S2612 2.3

Lesotho 0.1 S2612 0.1 S2612 0.1 S2612 0.1

Liberia 0.2 S2612 0.2 S2612 0.2 S2612 0.2

Libya 5.1 S2612 5.4 S2612 5.5 S2612 6.6

Lithuania 4.5 S2612 4.6 S2612 4.6 S2612 4.7

Luxembourg 1.7 S2612 1.7 S2612 1.7 S2612 1.7

Macau 0.5 S2612 0.5 S2612 0.5 S2612 0.5

Macedonia 1.6 S2612 1.5 S2612 1.5 S2612 1.5

Madagascar 0.3 S2612 0.3 S2612 0.3 S2612 0.4

Malawi 0.3 S2612 0.3 S2612 0.3 S2612 0.3

Malaysia 23.3 S2612 22.6 S2612 23.0 S2612 23.4

Maldives 0.0 S2612 0.1 S2612 0.1 S2612 0.1

Mali 0.3 S2612 0.3 S2612 0.3 S2612 0.3

Malta 0.6 S2612 0.6 S2612 0.6 S2612 0.6

Martinique 0.4 S2612 0.4 S2612 0.4 S2612 0.4

Mauritania 0.2 S2612 0.3 S2612 0.3 S2612 0.3

Mauritius 0.8 S2612 0.9 S2612 0.9 S2612 0.9

Mexico 52.5 S2612 55.4 S2612 57.8 S2612 58.3

Moldova 0.4 S2612 0.4 S2612 0.5 S2612 0.6

Mongolia 0.8 S2612 0.8 S2612 0.8 S2612 0.8

Page 979: Economics of Photoelectricity - November 13 2012

Montenegro -- S2612 0.9 S2612 0.9 S2612 0.9

Montserrat 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Morocco 5.5 S2612 5.7 S2612 5.7 S2612 5.9

Mozambique 2.4 S2612 2.4 S2612 2.5 S2612 2.4

Namibia 0.4 S2612 0.4 S2612 0.4 S2612 0.4

Nauru 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Nepal 0.6 S2612 0.6 S2612 0.6 S2612 0.7

Netherlands 21.8 S2612 23.0 S2612 23.8 S2612 24.9

Netherlands Antilles 0.2 S2612 0.2 S2612 0.2 S2612 0.2

New Caledonia 0.4 S2612 0.4 S2612 0.4 S2612 0.4

New Zealand 8.8 S2612 8.9 S2612 9.4 S2612 9.4

Nicaragua 0.9 S2612 0.9 S2612 1.0 S2612 1.0

Niger 0.1 S2612 0.1 S2612 0.1 S2612 0.1

Nigeria 5.9 S2612 5.9 S2612 5.9 S2612 5.9

Niue 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Norway 28.3 S2612 29.3 S2612 30.1 S2612 30.6

Oman 3.0 S2612 3.3 S2612 3.4 S2612 3.9

Pakistan 19.5 S2612 19.4 S2612 19.4 S2612 19.8

Palestine 0.1 S2612 0.1 S2612 0.1 S2612 0.1

Panama 1.6 S2612 1.5 S2612 1.5 S2612 1.7

Papua New Guinea 0.7 S2612 0.7 S2612 0.7 S2612 0.7

Paraguay 7.4 S2612 8.1 S2612 8.1 S2612 8.1

Peru 6.2 S2612 6.7 S2612 7.0 S2612 7.2

Philippines 15.6 S2612 15.8 S2612 15.9 S2612 15.7

Poland 32.3 S2612 32.4 S2612 32.5 S2612 32.7

Portugal 13.4 S2612 14.5 S2612 15.0 S2612 15.8

Puerto Rico 5.4 S2612 5.5 S2612 5.5 S2612 5.5

Qatar 2.8 S2612 3.0 S2612 3.2 S2612 3.9

Reunion 0.5 S2612 0.5 S2612 0.5 S2612 0.5

Romania 19.7 S2612 20.0 S2612 21.2 S2612 21.1

Russia 219.6 S2612 222.1 S2612 224.7 S2612 224.0

Rwanda 0.1 S2612 0.1 S2612 0.1 S2612 0.1

Saint Helena 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Saint Kitts and Nevis 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Saint Lucia 0.1 S2612 0.1 S2612 0.1 S2612 0.1

Saint Pierre and Miquelon 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Saint Vincent/Grenadines 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Samoa 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Sao Tome and Principe 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Saudi Arabia 33.5 S2612 35.9 S2612 36.6 S2612 39.2

Senegal 0.5 S2612 0.5 S2612 0.6 S2612 0.6

Serbia -- S2612 8.3 S2612 8.3 S2612 8.3

Seychelles 0.1 S2612 0.1 S2612 0.1 S2612 0.1

Sierra Leone 0.0 S2612 0.0 S2612 0.1 S2612 0.1

Singapore 10.1 S2612 10.8 S2612 11.0 S2612 10.5

Slovakia 8.3 S2612 8.2 S2612 7.3 S2612 7.4

Slovenia 3.0 S2612 3.1 S2612 3.1 S2612 3.1

Solomon Islands 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Somalia 0.1 S2612 0.1 S2612 0.1 S2612 0.1

South Africa 42.1 S2612 42.7 S2612 42.9 S2612 44.3

Spain 76.6 S2612 81.2 S2612 88.7 S2612 93.6

Sri Lanka 2.4 S2612 2.4 S2612 2.4 S2612 2.6

Sudan and South Sudan 1.0 S2612 1.1 S2612 1.1 S2612 1.3

Suriname 0.4 S2612 0.4 S2612 0.4 S2612 0.4

Swaziland 0.1 S2612 0.1 S2612 0.1 S2612 0.1

Sweden 33.4 S2612 34.1 S2612 34.3 S2612 33.9

Switzerland 19.1 S2612 19.1 S2612 19.2 S2612 19.4

Syria 7.6 S2612 7.8 S2612 8.5 S2612 7.9

Taiwan 37.1 S2612 38.1 S2612 38.8 S2612 40.9

Tajikistan 4.4 S2612 4.4 S2612 4.4 S2612 4.4

Tanzania 0.9 S2612 1.0 S2612 1.0 S2612 1.0

Thailand 33.9 S2612 29.8 S2612 36.8 S2612 41.5

Timor-Leste (East Timor) 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Togo 0.1 S2612 0.1 S2612 0.1 S2612 0.1

Tonga 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Page 980: Economics of Photoelectricity - November 13 2012

Trinidad and Tobago 1.5 S2612 1.4 S2612 1.4 S2612 1.4

Tunisia 3.3 S2612 3.3 S2612 3.2 S2612 3.3

Turkey 38.8 S2612 40.6 S2612 40.8 S2612 41.8

Turkmenistan 3.1 S2612 2.9 S2612 2.9 S2612 2.9

Turks and Caicos Islands 0.0 S2612 0.0 S2612 0.1 S2612 0.1

U.S. Pacific Islands 0.1 S2612 0.1 S2612 0.1 S2612 0.1

Uganda 0.3 S2612 0.4 S2612 0.4 S2612 0.5

Ukraine 53.5 S2612 53.8 S2612 53.9 S2612 54.0

United Arab Emirates 15.7 S2612 17.3 S2612 18.5 S2612 19.8

United Kingdom 82.4 S2612 83.6 S2612 84.3 S2612 85.5

United States 978.0 S2612 986.2 S2612 994.9 S2612 1010.2

Uruguay 2.0 S2612 2.2 S2612 2.4 S2612 2.5

Uzbekistan 12.6 S2612 12.6 S2612 12.4 S2612 11.6

Vanuatu 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Venezuela 22.1 S2612 22.2 S2612 22.5 S2612 23.1

Vietnam 12.3 S2612 12.8 S2612 13.9 S2612 14.5

Virgin Islands, U.S. 0.3 S2612 0.3 S2612 0.3 S2612 0.3

Virgin Islands, British 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Wake Island 0.0 S2612 0.0 S2612 0.0 S2612 0.0

Western Sahara 0.1 S2612 0.1 S2612 0.1 S2612 0.1

Yemen 1.1 S2612 1.1 S2612 1.2 S2612 1.2

Zambia 1.7 S2612 1.6 S2612 1.7 S2612 1.7

Zimbabwe 2.0 S2612 2.0 S2612 2.0 S2612 2.0

Africa 113.9 S2612 117.2 S2612 119.1 S2612 123.7

Asia & Oceania 1286.4 S2612 1409.8 S2612 1531.9 S2612 1637.9

Central & South America 221.4 S2612 228.2 S2612 235.5 S2612 242.4

Eurasia 345.8 S2612 348.7 S2612 351.9 S2612 350.8

Europe 850.8 S2612 874.9 S2612 893.0 S2612 916.4

Middle East 143.4 S2612 152.6 S2612 158.9 S2612 167.6

North America 1153.7 S2612 1165.9 S2612 1179.4 S2612 1196.4

World 4115.4 S2612 4297.2 S2612 4469.7 S2612 4635.3

Page 981: Economics of Photoelectricity - November 13 2012

Source 2009 Source 2010 Source 2011 Source

S2612 0.5 S2612

S2612 1.6 S2612

S2612 10.4 S2612

S2612 0.1 S2612

S2612 1.2 S2612

S2612 0.0 S2612

S2612 0.0 S2612

S2612 32.1 S2612

S2612 3.2 S2612

S2612 0.3 S2612

S2612 56.9 S2612

S2612 20.9 S2612

S2612 5.8 S2612

S2612 0.5 S2612

S2612 3.2 S2612

S2612 5.8 S2612

S2612 0.2 S2612

S2612 8.0 S2612

S2612 17.5 S2612

S2612 0.1 S2612

S2612 0.1 S2612

S2612 0.2 S2612

S2612 1.5 S2612

S2612 1.5 S2612

S2612 4.3 S2612

S2612 0.1 S2612

S2612 106.2 S2612

S2612 0.8 S2612

S2612 9.4 S2612

S2612 0.3 S2612

S2612 1.9 S2612

S2612 0.1 S2612

S2612 0.4 S2612

S2612 1.1 S2612

S2612 131.5 S2612

S2612 0.1 S2612

S2612 0.2 S2612

S2612 0.0 S2612

S2612 0.0 S2612

S2612 15.5 S2612

S2612 877.7 S2612

S2612 13.5 S2612

S2612 0.0 S2612

S2612 0.1 S2612

S2612 2.5 S2612

S2612 0.0 S2612

S2612 2.5 S2612

S2612 1.2 S2612

S2612 4.0 S2612

S2612 5.5 S2612

S2612 1.4 S2612

S2612 18.3 S2612

S2612 13.4 S2612

S2612 0.1 S2612

S2612 0.0 S2612

S2612 3.0 S2612

S2612 4.9 S2612

S2612 24.7 S2612

S2612 1.5 S2612

S2612 0.0 S2612

S2612 0.1 S2612

S2612 2.7 S2612

S2612 1.2 S2612

S2612 0.0 S2612

Page 982: Economics of Photoelectricity - November 13 2012

S2612 0.1 S2612

S2612 0.2 S2612

S2612 16.3 S2612

S2612 119.1 S2612

S2612 0.1 S2612

S2612 0.1 S2612

S2612 0.4 S2612

S2612 0.1 S2612

S2612 4.5 S2612

S2612 146.9 S2612

S2612 2.0 S2612

S2612 0.0 S2612

S2612 14.4 S2612

S2612 0.1 S2612

S2612 0.0 S2612

S2612 0.5 S2612

S2612 0.6 S2612

S2612 2.7 S2612

S2612 0.4 S2612

S2612 0.0 S2612

S2612 0.3 S2612

S2612 0.2 S2612

S2612 1.7 S2612

S2612 12.6 S2612

S2612 8.8 S2612

S2612 2.6 S2612

S2612 189.3 S2612

S2612 32.8 S2612

S2612 56.2 S2612

S2612 9.2 S2612

S2612 7.4 S2612

S2612 12.1 S2612

S2612 101.2 S2612

S2612 1.2 S2612

S2612 284.5 S2612

S2612 2.6 S2612

S2612 18.7 S2612

S2612 1.7 S2612

S2612 0.0 S2612

S2612 9.5 S2612

S2612 80.6 S2612

S2612 10.9 S2612

S2612 3.6 S2612

S2612 1.9 S2612

S2612 2.2 S2612

S2612 2.3 S2612

S2612 0.1 S2612

S2612 0.2 S2612

S2612 6.8 S2612

S2612 4.7 S2612

S2612 1.7 S2612

S2612 0.5 S2612

S2612 1.5 S2612

S2612 0.4 S2612

S2612 0.3 S2612

S2612 25.2 S2612

S2612 0.1 S2612

S2612 0.3 S2612

S2612 0.6 S2612

S2612 0.4 S2612

S2612 0.3 S2612

S2612 0.9 S2612

S2612 59.3 S2612

S2612 0.6 S2612

S2612 0.8 S2612

Page 983: Economics of Photoelectricity - November 13 2012

S2612 0.9 S2612

S2612 0.0 S2612

S2612 6.2 S2612

S2612 2.4 S2612

S2612 0.4 S2612

S2612 0.0 S2612

S2612 0.7 S2612

S2612 26.0 S2612

S2612 0.3 S2612

S2612 0.4 S2612

S2612 9.5 S2612

S2612 1.1 S2612

S2612 0.1 S2612

S2612 5.9 S2612

S2612 0.0 S2612

S2612 31.0 S2612

S2612 4.2 S2612

S2612 20.2 S2612

S2612 0.1 S2612

S2612 1.8 S2612

S2612 0.7 S2612

S2612 8.8 S2612

S2612 8.0 S2612

S2612 15.6 S2612

S2612 33.0 S2612

S2612 17.4 S2612

S2612 5.5 S2612

S2612 3.9 S2612

S2612 0.5 S2612

S2612 20.6 S2612

S2612 225.3 S2612

S2612 0.1 S2612

S2612 0.0 S2612

S2612 0.0 S2612

S2612 0.1 S2612

S2612 0.0 S2612

S2612 0.0 S2612

S2612 0.0 S2612

S2612 0.0 S2612

S2612 44.5 S2612

S2612 0.6 S2612

S2612 8.4 S2612

S2612 0.1 S2612

S2612 0.1 S2612

S2612 10.5 S2612

S2612 7.2 S2612

S2612 3.1 S2612

S2612 0.0 S2612

S2612 0.1 S2612

S2612 44.3 S2612

S2612 96.3 S2612

S2612 2.6 S2612

S2612 2.3 S2612

S2612 0.4 S2612

S2612 0.1 S2612

S2612 35.3 S2612

S2612 19.5 S2612

S2612 8.2 S2612

S2612 41.0 S2612

S2612 4.4 S2612

S2612 1.0 S2612

S2612 47.4 S2612

S2612 0.0 S2612

S2612 0.1 S2612

S2612 0.0 S2612

Page 984: Economics of Photoelectricity - November 13 2012

S2612 1.4 S2612

S2612 3.6 S2612

S2612 44.8 S2612

S2612 2.9 S2612

S2612 0.1 S2612

S2612 0.1 S2612

S2612 0.5 S2612

S2612 54.4 S2612

S2612 23.2 S2612

S2612 88.0 S2612

S2612 1025.4 S2612

S2612 2.5 S2612

S2612 11.6 S2612

S2612 0.0 S2612

S2612 24.8 S2612

S2612 15.2 S2612

S2612 0.3 S2612

S2612 0.0 S2612

S2612 0.0 S2612

S2612 0.1 S2612

S2612 1.3 S2612

S2612 1.7 S2612

S2612 2.0 S2612

S2612 129.2 S2612

S2612 1748.1 S2612

S2612 250.0 S2612

S2612 352.6 S2612

S2612 942.9 S2612

S2612 182.0 S2612

S2612 1216.5 S2612

S2612 4821.4 S2612

Page 985: Economics of Photoelectricity - November 13 2012

Poly Capacity (MT) Source Poly Capacity (MT)* Source PV Demand (MT)

1974

1975

1976

1977

1978

1979

1980

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1995

1996

1997

1998 19000 S2261 2300

1999 22000 S2261 2900

2000 23300 S2261 3500

2001 23300 S2261 4700

2002 23300 S2261 6400

2003 25400 S2261 7300

2004 29100 S2263 #REF!

2005 31900 S2263 #REF!

2006 37200 S2263 #REF!

2007 48550 S2263 #REF!

2008 87750 S2263 #REF!

2009 134460 S2295 69400

2010 210560 S2295 173660 S2888 116642

2011 351760 S2888 #REF!

2012 421250 E2888 #REF!

2013 550350 E2888 #REF!

Page 986: Economics of Photoelectricity - November 13 2012

Source Note Poly Production (MT) Source

871 S2264

921 S2264

1170 S2264

1326 S2264

1668 S2264

2148 S2264

2312 S2264

2518 S2264

3092 S2264

3999 S2264

5201 S609

4870 S609

4327 S609

5256 S609

6407 S609

7158 S609

7588 S609

8468 S609

7955 S609

9175 S609

10747 S609

13587 S609

14198 S609

15094 S609

S2261 13178 S609

S2261 14896 S609

S2261 18083 S609

S2261 12920 S609

S2261 15014 S609

S2261 16127 S609

Formula/Guess Need to be corrected for thin-film market percentages 18600 S609

Formula/Guess Need to be corrected for thin-film market percentages 19949 S609

Formula/Guess Need to be corrected for thin-film market percentages 23964 S609

Formula/Guess Need to be corrected for thin-film market percentages 38506 S2324

Formula/Guess Need to be corrected for thin-film market percentages 52973 S2324

S2295 58155 S2324

S2295 141292 S2295

Formula/Guess Need to be corrected for thin-film market percentages

Formula/Guess Need to be corrected for thin-film market percentages

Formula/Guess Need to be corrected for thin-film market percentages

Page 987: Economics of Photoelectricity - November 13 2012

IC Demand (MT) Source PV Demand (GW) Source

15900 S2261

14400 S2261

17000 S2261

13000 S2261

15000 S2261

16500 S2261

18500 S2263

19500 S2263

20400 S2263

21400 S2263 2.594 S2324

22500 S2263 6.09 S2324

20540 S2295 7.203 S2324

24650 S2295 16.428 S2295

27.7 S2797

36 Guess

45 Guess

Page 988: Economics of Photoelectricity - November 13 2012

High Purity High Purity High Purity

$/kG Contract Source Contract* Source Spot

May-04 30 S2255

Jun-04

Jul-04 33.3 S2244

Aug-04

Sep-04

Oct-04

Nov-04

Dec-04 32.0 S2255

Jan-05

Feb-05

Mar-05

Apr-05 60 S2255

May-05 55 S2255

Jun-05 48 S2256

Jul-05

Aug-05

Sep-05

Oct-05

Nov-05

Dec-05

Jan-06 60 S2244 140

Feb-06

Mar-06

Apr-06

May-06

Jun-06

Jul-06

Aug-06

Sep-06

Oct-07 70 S2324, Pvinsights 325

Nov-07 90 S2324, Pvinsights 350

Dec-07 90 S2324, Pvinsights 400

Jan-08 80 S2324, Pvinsights 400

Feb-08 80 S2324, Pvinsights 400

Mar-08 100 S2324, Pvinsights 475

Apr-08 100 S2324, Pvinsights 475

May-08 82 S2324, Pvinsights 405

Jun-08 81 S2324, Pvinsights 415

Jul-08 73 S2324, Pvinsights 417

Aug-08 70 S2324, Pvinsights 417

Sep-08 73 S2324, Pvinsights 400

Oct-08 75 S2324, Pvinsights 366

Nov-08 65 S2324, Pvinsights 350

Dec-08 67 S2324, Pvinsights 219

Jan-09 66 S2324, Pvinsights 151

Feb-09 68 S2324, Pvinsights 133

Mar-09 63 S2324, Pvinsights 115

Apr-09 60 S2324, Pvinsights 93

May-09 58 S2324, Pvinsights 79

Jun-09 55 S2324, Pvinsights 72

Jul-09 54 S2324, Pvinsights 69

Aug-09 54 S2324, Pvinsights 68

Sep-09 56 S2324, Pvinsights 63

Oct-09 55 S2324, Pvinsights 63

Nov-09 54 S2324, Pvinsights 78 S2267 58

Dec-09 54 S2324, Pvinsights 56

Jan-10 54 S2324, Pvinsights 54

Feb-10 54 S2324, Pvinsights 53

Mar-10 53 S2324, Pvinsights 52

Apr-10 53 S2324, Pvinsights 53

May-10 53 S2324, Pvinsights 54

Jun-10 52 S2324, Pvinsights 53

Jul-10 49 S2324, Pvinsights 55

Page 989: Economics of Photoelectricity - November 13 2012

Aug-10 49 S2324, Pvinsights 57

Sep-10 51 S2324, Pvinsights 64

Oct-10 50 S2324, Pvinsights 69

Nov-10 49 S2324, Pvinsights 72

Dec-10 48 S2324, Pvinsights 74

Jan-11 48 S2324, Pvinsights 74

Feb-11 48 S2324, Pvinsights 75

Mar-11 48 S2324, Pvinsights 80

Apr-11 47 S2324, Pvinsights 80

May-11 47 S2324, Pvinsights 75

Jun-11 46 S2324, Pvinsights 59

Jul-11 46 S2324, Pvinsights 51

Aug-11 46 S2324, Pvinsights 51

Sep-11 43 S2324, Pvinsights 50

Oct-11 45

Nov-11 33.5

Dec-11 29.7

Jan-12 30.9

Feb-12 31.6

Mar-12 27.8

Apr-12 24.9

May-12

Jun-12

Page 990: Economics of Photoelectricity - November 13 2012

High Purity Off-Spec

Source Spot* Source Spot Source

S2244

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2251

S2253

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights 65 S2267

S2324, Pvinsights 51.9 S2253

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

Page 991: Economics of Photoelectricity - November 13 2012

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights

S2324, Pvinsights, Pv 47.70 Digitimes

S2324, Pvinsights, Pv 33.50 Digitimes

Pvinsights 27.00 Digitimes

Pvinsights 25.13 Digitimes

Pvinsights 28.44 Digitimes

Pvinsights 29.50 Digitimes

Pvinsights 26.54 Digitimes

Pvinsights 22.93 Digitimes

Page 992: Economics of Photoelectricity - November 13 2012

High Purity High Purity High Purity

$/kG Contract Source Contract* Source Contract** Source

1970 48 S2264

1971 48 S2264

1972 50 S2264

1973 55 S2264

1974 60 S2264

1975 55 S2264

1976 51 S2264

1977 50 S2264

1978 51 S2264

1979 55 S2264

1980 60 S2264

1981 64 S2264

1982 62 S2264

1983 50 S2264

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1995 43 S2268

1996

1997

1998

1999

2000

2001 25 S2254

2002 25 S2254 24 S2324

2003 24 S28 32 S2324

2004 32 S28 45 S2324 32 S807

2005 50 S2254 60 S2324 45 S807, S27

2006 55 S807 64 S2324 66 S2256

2007 H1

2007 H2

2007 70 to 115 S2251 67 S2324 72 S2256

2008 Q1

2008 Q2

2008 Q3

2008 Q4

2008 81 S2258 79 S2324

2009 Q1 100 to 120 P615 63 S2306

2009 Q2 100 to 120 P615 55 S2306

2009 Q3 100 to 120 P615 53 S2306

2009 Q4 70 to 90 P615 54 S2306

2009 58 S2324

2010 Q1 70 to 90 P615 55 S2306

2010 Q2 70 to 90 P615 56 S2306

2010 Q3 70 to 90 P615 57 S2306 60 S2305

2010 Q4 70 to 90 P615 56 S2306 60 S2305

2010 51 S2324

2011 Q1 40 to 60 P615 54 S2306 50 S2305

2011 Q2 40 to 60 P615 55 S2306 50 S2305

2011 Q3 50 S2306 45 S2305

2011 Q4 47 S2306 35 to 40 S2305

2011 47 S2324

2012 Q1 34 Energy Trend 25 to 30 S2305

Page 993: Economics of Photoelectricity - November 13 2012

Blended Blended Costs Off-Spec High Purity

Contract + Spot Source Contract + Spot* Source Contract/Spot* Source Spot

25 S2264, N154 47

25 S2264, N154 47

25 S2264, N154 47

25 S2264, N154 54

35 S2264, N154 60

32 S2264, N154 62

30 S2264, N154 57

30 S2264, N154 47

30 S2264, N154 52

35 S2264, N154 59

40 S2264, N154 125

30 S2264, N154 53

35 S2264, N154 40

30 S2264, N154 35

64

300

230

260

200

175

190

170

155

270.9 S1844, GCL 180

65 P616 100

55 P616 75

55 P616 75

55 P616 50

65.5 S1844, GCL

97 S2324, Yingli 95 S2324, Trina 53 P616 50

50 S1844, GCL 55 P616 55

50 S1844, GCL 55 P616 60

54 P616 90

66

53 P616 74

61.80 S1728, LDK 74 S1764, Hanwha 53 P616 69

55.3 S1869, LDK 56.5 S1764, Hanwha 48 P616 50

43 P616

28.25

Page 994: Economics of Photoelectricity - November 13 2012

High Purity High Purity High Purity

Source Spot* Source Spot** Source Spot*** Source

S2264

S2264

S2264

S2264

S2264

S2264

S2264

S2264

S2264

S2264

S2264

S2264

S2264

S2264

S2264

S2254 >200 S807

S2252

S2252

S2250

S2257

S2257

S2257

S2257

S2258

S2257 121 P615 114 S2306 100

S2257 83 P615 75 S2306 75

S2257 67 P615 65 S2306 65

S2257 56 P615 64 S2306 55

S2257 55 P615 65 S2306 50

S2257 55 P615 69 S2306 50

S2257 70 P615 79 S2306 60

P615 90 P615 77 S2306 70

S2259

S2259 74 P615 76 S2306 60 to 90

S2259 69 P615 54 S2306 55 to 75

S2259 41 S2306 40 to 50

31 S2306 30 to 40

Energy Trend 25 to 32

Page 995: Economics of Photoelectricity - November 13 2012

Multi Mono 125 Mono 156 Mono

USD/pcs Source USD/Watt Source USD/pcs Source USD/pcs

Jan-09

Feb-09

Mar-09

Apr-09

May-09

Jun-09 3.175 S2354 3.655 S2354

Jul-09 3.136 S2318 3.609 S2318

Aug-09 3.301 S2318 3.746 S2318

Sep-09 3.324 S2318 3.818 S2318

Oct-09 3.259 S2318 3.715 S2318

Nov-09 3.202 S2318 3.508 S2318

Dec-09 3.169 S2318 3.429 S2318

Jan-10 3.314 S2318 3.432 S2318

Feb-10 3.283 S2318 3.510 S2318

Mar-10 3.397 S2318, S2353 3.637 S2318, S2353

Apr-10 3.467 S2318, S2352 3.720 S2318, S2352

May-10 3.412 S2318, S2351 3.653 S2318, S2351

Jun-10 3.459 S2318, S2350 3.659 S2318, S2350

Jul-10 3.459 S2318, S2336 3.659 S2318, S2336

Aug-10 3.493 S2349, S2344 3.688 S2349, S2344

Sep-10 3.513 S2347, S2348 3.708 S2347, S2348

Oct-10 3.554 S2348, 3218 3.752 S2348, 3218

Nov-10 3.795 S2342, S2331 3.995 S2342, S2331

Dec-10 3.728 S2318, S2340 3.927 S2318, S2340

Jan-11 3.535 S2318, S2346 3.735 S2318, S2346

Feb-11 3.600 S2327, S2315 3.800 S2327, S2315

Mar-11 3.665 S2324 3.883 S2324

Apr-11 3.385 S2324 3.586 S2324

May-11 2.739 S2324, P626 2.930 S2324, P626

Jun-11 2.110 S2324 2.474 S2324

Jul-11 2.030 S2324 2.490 S2324

Aug-11 1.995 S2324 2.617 S2324

Sep-11 1.31 Digitimes 2.39

Oct-11 1.05 Digitimes 1.95

Nov-11 0.97 Digitimes 1.62

Dec-11 0.96 Digitimes 1.53

Jan-12 1.110 S2330, S2371 1.553 S2330, S2371 0.95 Digitimes 1.51

Feb-12 1.01 Digitimes 1.59

Mar-12 1.202 S2297, P629 1.697 S2297, P629 0.98 Digitimes 1.53

Apr-12 1.090 S2341, S2357 1.570 S2341, S2357 0.92 Digitimes 1.46

May-12

Page 996: Economics of Photoelectricity - November 13 2012

156 Multi 156 Mono

Source USD/pcs Source USD/Watt Source

Digitimes 1.85 Digitimes 0.62 Digitimes

Digitimes 1.51 Digitimes 0.51 Digitimes

Digitimes 1.15 Digitimes 0.42 Digitimes

Digitimes 1.12 Digitimes 0.40 Digitimes

Digitimes 1.15 Digitimes 0.39 Digitimes

Digitimes 1.20 Digitimes 0.41 Digitimes

Digitimes 1.17 Digitimes 0.40 Digitimes

Digitimes 1.10 Digitimes 0.38 Digitimes

Page 997: Economics of Photoelectricity - November 13 2012

Wafer Spot Wafer Spot Wafer ASP Wafer ASP*

USD/pcs Source USD/Watt Source USD/Watt Source USD/Watt

2002 1.036 S811, N69

2003

2004 1.00 S807, Sunpower

2005 1.25 S807, Sunpower

2006 Q1

2006 Q2 2.15

2006 Q3 2.2

2006 Q4 2.32

2006 2.27

2007 Q1 2.25

2007 Q2 2.25

2007 Q3 2.27

2007 Q4 2.29

2007 1.48 S2367, REC 2.24

2008 Q1 2.22

2008 Q2 2.44

2008 Q3 2.48

2008 Q4 2.97 S809, China Sunergy 2.18

2008 1.6 S2305 1.50

2009 Q1 5.5 S2305 1.5 S2305 1.64 S809, China Sunergy 1.54

2009 Q2 4.5 S2305 1.2 S2305 1.15

2009 Q3 3.5 S2305 0.9 S2305

2009 Q4 0.83

2009 0.89 S2305, GCL 0.83

2010 Q1 0.74 S1813, GCL 0.83

2010 Q2 3.2 S2305 0.8 S2305 0.80 S1813, GCL 0.85

2010 Q3 3.6 S2305 0.9 S2305 0.80 S1813, GCL 0.87

2010 Q4 3.5 S2305 0.9 S2305 0.82 S1813, GCL 0.94

2010 0.81 S1813, GCL

2011 Q1 3.3 S2305 0.8 S2305 0.76 S1813, GCL 0.84

2011 Q2 2.5 S2305 0.6 S2305 0.64 S1874, GCL 0.66

2011 Q3 1.9 S2305 0.48 S2305 0.49 S1874, GCL 0.50

2011 Q4 1.3 S2305 0.38 S2305

2011 0.32 S2305, GCL

2012 Q1 1.15 S2305 0.3 S2305

Page 998: Economics of Photoelectricity - November 13 2012

Wafer ASP**

Source USD/Watt Source

1.55 S153, ReneSola

S825, LDK

S825, LDK

S825, LDK

S129, LDK 2.16 S153, ReneSola

S825, LDK

S99, LDK

S99, LDK

S99, LDK

S129, LDK 2.30 S153, ReneSola

S99, LDK

S99, LDK

S773, LDK

S773, LDK 2.16 S772, ReneSola

S2367

S773, LDK 1.27 S772, ReneSola

S837 0.93 S920, ReneSola

0.86 S920, ReneSola

S1765, LDK

S1844, LDK 1.18 S2367, REC

S1765, LDK

S1765, LDK

S1765, LDK

S1765, LDK

0.93 S2367, REC

S1765, LDK 0.82 S1874, ReneSola

S1765, LDK 0.67 S1874, ReneSola

S1869, LDK 0.52 S1874, ReneSola

Page 999: Economics of Photoelectricity - November 13 2012

Cell Spot 125 Mono Cell 156 Mono Cell 156 Multi Cell

USD/Watt Source USD/Watt USD/Watt USD/Watt

Jan-09 2.07 S2368, Pvinsights

Feb-09 1.86 S2368, Pvinsights

Mar-09 1.63 S2368, Pvinsights

Apr-09 1.48 S2368, Pvinsights

May-09 1.39 S2368, Pvinsights

Jun-09 1.28 S2368, Pvinsights

Jul-09 1.27 S2368, Pvinsights

Aug-09 1.38 S2368, Pvinsights

Sep-09 1.31 S2368, Pvinsights

Oct-09 1.27 S2368, Pvinsights

Nov-09 1.26 S2368, Pvinsights

Dec-09 1.25 S2368, Pvinsights

Jan-10 1.25 S2368, Pvinsights

Feb-10 1.24 S2368, Pvinsights

Mar-10 1.29 S2368, Pvinsights

Apr-10 1.34 S2368, Pvinsights

May-10 1.32 S2368, Pvinsights

Jun-10 1.33 S2368, Pvinsights

Jul-10 1.35 S2368, Pvinsights

Aug-10 1.37 S2368, Pvinsights

Sep-10 1.39 S2368, Pvinsights

Oct-10 1.4 S2368, Pvinsights

Nov-10 1.42 S2368, Pvinsights

Dec-10 1.3 S2368, Pvinsights

Jan-11 1.18 S2368, Pvinsights

Feb-11 1.2 S2368, Pvinsights

Mar-11 1.21 S2368, Pvinsights

Apr-11 1.12 S2368, Pvinsights

May-11 0.95 S2368, Pvinsights

Jun-11 0.82 S2368, Pvinsights

Jul-11 0.74 S2368, Pvinsights

Aug-11 0.72 S2368, Pvinsights

Sep-11 0.72 S2368, Pvinsights 0.64 Digitimes 0.78 Digitimes 0.70

Oct-11 0.55 Digitimes 0.68 Digitimes 0.58

Nov-11 0.54 Digitimes 0.62 Digitimes 0.50

Dec-11 0.53 Digitimes 0.59 Digitimes 0.48

Jan-12 0.53 Digitimes 0.56 Digitimes 0.48

Feb-12 0.55 Digitimes 0.59 Digitimes 0.49

Mar-12 0.55 Digitimes 0.58 Digitimes 0.49

Apr-12 0.52 Digitimes 0.54 Digitimes 0.46

Page 1000: Economics of Photoelectricity - November 13 2012

Digitimes

Digitimes

Digitimes

Digitimes

Digitimes

Digitimes

Digitimes

Digitimes

Page 1001: Economics of Photoelectricity - November 13 2012

Cell Spot Cell ASP

USD/Watt Source USD/Watt Source

2008 Q1

2008 Q2

2008 Q3

2008 Q4

2008 2.44 S2305

2009 Q1 2 S2305

2009 Q2 1.3 S2305

2009 Q3 1.4 S2305

2009 Q4

2009 1.28 S2305

2010 Q1 1.3 S2305 1.24 S2294, Gintech

2010 Q2 1.35 S2305 1.26 S2294, Gintech

2010 Q3 1.4 S2305 1.31 S2294, Gintech

2010 Q4 1.35 S2305

2010 0.77 S2305

2011 Q1 1.2 S2305

2011 Q2 0.9 S2305

2011 Q3 0.68 S2305

2011 Q4 0.58 S2305

2011 0.51 S2305

2012 Q1 0.5 S2305

Page 1002: Economics of Photoelectricity - November 13 2012

Module Spot Module* Module** Module***

USD/Watt Source USD/Watt Source USD/Watt Source Euro/Watt Source

Jan-09 2.7 S2368

Feb-09 2.5 S2368

Mar-09 2.27 S2368

Apr-09 2.12 S2368

May-09 2.03 S2368

Jun-09 1.92 S2368 1.90 Pvinsights

Jul-09 1.9 S2368 1.90 Pvinsights

Aug-09 2.01 S2368 2.01 Pvinsights

Sep-09 1.97 S2368 1.97 Pvinsights

Oct-09 1.95 S2368 1.95 Pvinsights

Nov-09 1.89 S2368 1.89 Pvinsights

Dec-09 1.87 S2368 1.87 Pvinsights

Jan-10 1.87 S2368 1.87 Pvinsights

Feb-10 1.85 S2368 1.84 Pvinsights

Mar-10 1.79 S2368 1.79 Pvinsights

Apr-10 1.78 S2368 1.78 Pvinsights

May-10 1.76 S2368 1.75 Pvinsights

Jun-10 1.73 S2368 1.73 Pvinsights

Jul-10 1.71 S2368 1.71 Pvinsights

Aug-10 1.7 S2368 1.70 Pvinsights

Sep-10 1.7 S2368 1.70 Pvinsights

Oct-10 1.71 S2368 1.70 Pvinsights

Nov-10 1.76 S2368 1.76 Pvinsights

Dec-10 1.68 S2368 1.68 Pvinsights

Jan-11 1.57 S2368 1.57 Pvinsights

Feb-11 1.6 S2368 1.60 Pvinsights

Mar-11 1.59 S2368 1.59 Pvinsights

Apr-11 1.52 S2368 1.52 Pvinsights

May-11 1.4 S2368 1.40 Pvinsights

Jun-11 1.28 S2368 1.28 Pvinsights 1.31 ET

Jul-11 1.24 S2368 1.24 Pvinsights 1.28 ET

Aug-11 1.19 S2368 1.19 Pvinsights 1.23 ET 0.80 Digitimes

Sep-11 1.19 S2368 1.16 Pvinsights 1.13 ET 0.79 Digitimes

Oct-11 1.03 S1707, S1709 1.10 Pvinsights 1.08 ET 0.75 Digitimes

Nov-11 0.91 S1710, S1713 1.03 Pvinsights 0.95 ET 0.68 Digitimes

Dec-11 0.85 S1717, S1714 0.96 Pvinsights 0.87 ET 0.65 Digitimes

Jan-12 0.84 S1882, S1731 0.94 Pvinsights 0.85 ET 0.65 Digitimes

Feb-12 0.86 S2060, S1912 0.94 Pvinsights 0.87 ET 0.65 Digitimes

Mar-12 0.82 S2181, S2099 0.91 Pvinsights 0.85 ET 0.62 Digitimes

Apr-12 0.78 S2184, S2260 0.87 Pvinsights 0.80 ET 0.59 Digitimes

May-12 0.84 Pvinsights 0.75 ET 0.59 Digitimes

Jun-12 0.82 Pvinsights 0.75 ET

Jul-12 0.76 Pvinsights 0.74 ET

Aug-12 0.73 Pvinsights 0.71 ET

Sep-12 0.71 Pvinsights 0.68 ET

Oct-12 0.68 Pvinsights 0.67 ET

Page 1003: Economics of Photoelectricity - November 13 2012

Module, TF Module, TF*

USD/Watt Source USD/Watt Source

1.29 Pvinsights

1.30 Pvinsights

1.30 Pvinsights

1.18 Pvinsights

1.04 Pvinsights

0.97 Pvinsights 1.02 ET

0.95 Pvinsights 1.00 ET

0.92 Pvinsights 0.98 ET

0.91 Pvinsights 0.93 ET

0.87 Pvinsights 0.90 ET

0.80 Pvinsights 0.86 ET

0.78 Pvinsights 0.83 ET

0.77 Pvinsights 0.80 ET

0.77 Pvinsights 0.82 ET

0.76 Pvinsights 0.80 ET

0.75 Pvinsights 0.76 ET

0.73 Pvinsights 0.74 ET

0.72 Pvinsights 0.73 ET

0.69 Pvinsights 0.72 ET

0.68 Pvinsights 0.69 ET

0.66 Pvinsights 0.68 ET

0.64 Pvinsights 0.67 ET

Page 1004: Economics of Photoelectricity - November 13 2012

Module Spot Module ASP Module ASP* Module ASP**

USD/Watt Source USD/Watt Source USD/Watt Source USD/Watt

2007 Q1

2007 Q2

2007 Q3

2007 Q4

2008 Q1 3.83 S1787, STP 3.95 S1787, Trina 4.11

2008 Q2 3.72 S1787, STP 4.03 S1787, Trina 4.20

2008 Q3 3.52 S1787, STP 4.09 S1787, Trina 4.04

2008 Q4 3.31 S1787, STP 3.51 S1787, Trina 3.19

2009 Q1 2.81 S758, STP 2.66 S1875, Trina 2.62

2009 Q2 2.59 S844, STP 2.32 S1875, Trina 2.28

2009 Q3 1.6 S2305 2.20 S917, STP 2.03 S1856, Trina 1.88

2009 Q4 2.13 S1005, STP 1.90 S1875, Trina 1.82

2010 Q1 1.91 S1786, STP 1.75 S1786, Trina 1.77

2010 Q2 1.8 S2305 1.83 S1786, STP 1.66 S1786, Trina 1.73

2010 Q3 1.85 S2305 1.80 S1786, STP 1.73 S1786, Trina 1.69

2010 Q4 1.75 S2305 1.75 S1836, Trina 1.73

2011 Q1 1.65 S2305 1.71 S1874, STP 1.46 S1769, Trina 1.70

2011 Q2 1.3 S2305 1.57 S1874, STP 1.25 S1769, Trina 1.55

2011 Q3 1.1 S2305 1.37 S1874, STP 1.01 S2078, Trina 1.29

2011 Q4 1 S2305

2012 Q1 0.85 S2305

2012 Q2

Page 1005: Economics of Photoelectricity - November 13 2012

Module ASP*** Module ASP**** Module ASP** Module ASP*

Source USD/Watt Source USD/Watt Source USD/Watt Source USD/Watt

3.66

3.85

S1787, Yingli 2.45 S97, FS 4.07

S1787, Yingli 2.57 S97, FS 4.17

S1787, Yingli 3.81 S2859, BNEF 4.04

S1787, Yingli 3.73 S1822, CSIQ 3.41 S2859, BNEF 3.37

S1875, Yingli 2.83 S2859, BNEF 2.78

S1875, Yingli 2.66 S919, Hanwha 2.45 S2859, BNEF 2.66

S1875, Yingli 2.03 S1856, Hanwha 1.72 S1856, FS 2.03 S2859, BNEF 2.03

S1875, Yingli 1.93 S1822, CSIQ 1.71 S1836, FS 1.93 S2859, BNEF 1.95

S1786, Yingli 1.83 S1786, CSIQ 1.77 S1786, FS 1.8 S2859, BNEF 1.79

S1786, Yingli 1.82 S1786, CSIQ 1.73 S1786, FS 1.9 S2859, BNEF 1.67

S1786, Yingli 1.79 S1786, CSIQ 1.48 S1786, FS 1.9 S2859, BNEF 1.81

S1678, Yingli 1.84 S1822, CSIQ 1.41 S1836, FS 1.8 S2859, BNEF 1.86

S1874, Yingli 1.72 S1874, Jinko 0.98 S1836, FS 1.76 S2859, BNEF 1.71

S1769, Yingli 1.57 S1769, CSIQ 1.15 S1840, FS 1.61 S2859, BNEF 1.57

S1769, Yingli 1.19 S1769, CSIQ 1.34 S2859, BNEF 1.02

1.01 S2859, BNEF

0.84 S2304, ReneSola 0.91 S2859, BNEF

0.86 S2859, BNEF

Page 1006: Economics of Photoelectricity - November 13 2012

Module ASP*** Module ASP**** Source

Source

S2119, PRC Tier 1 3.66 S2119, GTM

S2119, PRC Tier 1 3.85 S2119, GTM

S2119, PRC Tier 1 4.07 S2119, GTM

S2119, PRC Tier 1 4.17 S2119, GTM

S2119, PRC Tier 1 4.04 S2119, GTM

S2119, PRC Tier 1 3.37 S2119, GTM

S2119, PRC Tier 1 2.78 S2119, GTM 2.70

S2119, PRC Tier 1 2.66 S2119, GTM 2.45 S2306, IMS

S2119, PRC Tier 1 2.03 S2119, GTM 2.12 S2306, IMS

S2119, PRC Tier 1 1.95 S2119, GTM 2.02 S2306, IMS

S1875, Industry Average 1.81 P614, GTM 1.85 S2306, IMS

S1875, Industry Average 1.73 P614, GTM 1.80 S2306, IMS

S1678, Jinko 1.75 P614, GTM 1.86 S2306, IMS

S1765, Jinko 1.85 P614, GTM 1.86 S2306, IMS

S1874, Industry Average 1.71 P614, GTM 1.76 S2306, IMS

S1874, Industry Average 1.55 P614, GTM 1.53 S2306, IMS

S1874, Industry Average 1.25 P614, GTM 1.17 S2306, IMS

1.1 P614, GTM 1.03 S2306, IMS

Page 1007: Economics of Photoelectricity - November 13 2012

Module ASP Module ASP* Module ASP** Module ASP***

USD/Watt Source USD/Watt Source USD/Watt Source USD/Watt

2003 2.77 S1897, STP

2004 3.01 S1897, STP 3.42 S155, Trina 3.89 S155, Yingli 3.62

2005 3.45 S131, STP 4.02 S131, Trina 3.98 S131, Yingli 3.92

2006 2.83 S160, STP 3.49 S160, Trina 3.82 S160, Yingli 3.97

2007 3.72 S155, STP 3.80 S131, Trina 3.86 S160, Yingli 3.75

2008 3.89 S1836, STP 3.92 S1836, Trina 3.88 S1875, Yingli 4.23

2009 2.40 S1833, STP 2.10 S1836, Trina 2.15 S1875, Yingli 2.13

2010 1.82 S1836, STP 1.71 S1874, Trina 1.75 S1836, Yingli 1.80

2011

Page 1008: Economics of Photoelectricity - November 13 2012

Module ASP**** Module ASP*****

Source USD/Watt Source USD/Watt Source

S162, CSIQ

S162, CSIQ

S162, CSIQ

S162, CSIQ

S1819, CSIQ 2.37 S1836, FS 4.75 S2305, Industry Average

S1821, CSIQ 2.21 S1875, Industry Average

S1822, CSIQ 1.13 S1842, FS 1.81 S2305, Industry Average

1.17 S2305, Industry Average

Page 1009: Economics of Photoelectricity - November 13 2012

Country Region Sub-Region kWh/kWp

Australia Sydney 1343 to 1522Australia Brisbane 1606Australia Melbourne 1401Brazil Rio de Janeiro 1253Canada Fredericton, NB 1145

Canada LaRonge, Saskatchewan 1100Canada Montreal, QC 1185Canada Ottawa 1198Canada Regina 1361Canada Toronto, ON 1161Canada St. John's, Newfoundland 933Canada Vancouver, B.C. 933Canada Winnipeg, MB 1277China Anhui 1070

China Beijing 1290

China Beijing 1148China Bortala 1460China Chongqing 880

China Fujian 1030

China Gansu 1290

China Guangdong 1080

China Guangxi 1420

China Guizhou 910

China Hainan 1330

China Hebei 1330

China Heilongjiang 1300

China Henan 1130

China Hubei 1080

China Hunan 980

China Inner Mongolia 1510

China Jiangsu 1100

China Jiangxi 1040

China Jilin 1250

China Liaoning 1250

China Ningxia 1430

China Qinghai 1550

China Shaanxi 1150

China Shandong 1280

China Shanghai 1060

China Shanxi 1330

China Sichuan 1220

China Tianjin 1290

China Tibet 1510

China Xinjiang 1300

China Yunnan 1250

China Zhejiang 980

Egypt Cairo 1635England London 728France Paris 938Germany Berlin 848India New Delhi 1523Italy Rome 1283Japan Tokyo 885Malaysia 1000 to 1400Mexico Mexico City 1425Russia Moscow 803South Africa Capetown 1538US Alabama Huntsville 1334

US Alabama Birmingham 1341

US Alabama Montgomery 1353

US Alabama Mobile 1290

US Alaska St. Paul Island 695

US Alaska Cold Bay 672

US Alaska Bethel 894

Page 1010: Economics of Photoelectricity - November 13 2012

US Alaska King Salmon 873

US Alaska Kodiak 878

US Alaska Anchorage 827

US Alaska Yakutat 776

US Alaska Annette 849

US Alaska Gulkana 994

US Alaska Talkeetna 902

US Alaska McGrath 937

US Alaska Nome 956

US Alaska Kotzebue 914

US Alaska Bettles 927

US Alaska Fairbanks 936

US Alaska Big Delta 985

US Alaska Barrow 736

US Arizona Flagstaff 1675

US Arizona Prescott 1686

US Arizona Phoenix 1681

US Arizona Tucson 1728

US Arkansa Fort Smith 1384

US Arkansa Little Rock 1349

US California Arcata 1247

US California Sacramento 1455

US California San Francisco 1503

US California Fresno 1508

US California Bakersfield 1519

US California Santa Maria 1635

US California Daggett 1773

US California Los Angeles 1528

California Los Angeles 1485

US California Long Beach 1528

US California San Diego 1558

US Colorado Grand Junction 1590

US Colorado Eagle 1527

US Colorado Boulder 1517

US Colorado Colorado Springs 1579

US Colorado Pueblo 1627

US Colorado Alamosa 1763

US Connecticut Hartford 1204

US Connecticut Bridgeport 1243

US D.C. Washington 1133US Delaware Wilmington 1290

US Florida Tallahassee 1367

US Florida Jacksonville 1337

US Florida Daytona Beach 1413

US Florida Tampa 1418

US Florida West Palm Beach 1360

US Florida Miami 1393

US Florida Key West 1471

US Georgia Athens 1374

US Georgia Atlanta 1399

US Georgia Macon 1347

US Georgia Columbus 1358

US Georgia Augusta 1355

US Georgia Savannah 1379

US Hawaii Lihue 1397

US Hawaii Honolulu 1518

US Hawaii Kahului 1544

US Hawaii Hilo 1270

US Idaho Boise 1419

US Idaho Pocatello 1395

US Illinois Rockford 1261

US Illinois Chicago 1223

US Illinois Moline 1263

US Illinois Peoria 1303

US Illinois Springfield 1332

Page 1011: Economics of Photoelectricity - November 13 2012

US Indiana South Bend 1168

US Indiana Fort Wayne 1213

US Indiana Indianapolis 1273

US Indiana Evansville 1269

US Iowa Sioux City 1360

US Iowa Mason City 1351

US Iowa Waterloo 1299

US Iowa Des Moines 1344

US Kansas Goodland 1569

US Kansas Dodge City 1590

US Kansas Wichita 1456

US Kansas Topeka 1362

US Kentucky Covington 1229

US Kentucky Louisville 1280

US Kentucky Lexington 1246

US Louisiana Shreveport 1346

US Louisiana Baton Rouge 1304

US Louisiana Lake Charles 1336

US Louisiana New Orleans 1328

US Maine Caribou 1237

US Maine Portland 1331

US Maryland Baltimore 1277

US Massachusetts Worchester 1270

US Massachusetts Boston 1294

US Michigan Houghton 1178

US Michigan Sault Ste. Marie 1205

US Michigan Traverse City 1165

US Michigan Alpena 1195

US Michigan Muskegon 1205

US Michigan Grand Rapids 1190

US Michigan Flint 1167

US Michigan Lansing 1191

US Michigan Detroit 1192

US Minnesota International Falls 1232

US Minnesota Duluth 1271

US Minnesota Saint Cloud 1333

US Minnesota Minneapolis 1337

US Minnesota Rochester 1298

US Mississippi Jackson 1343

US Mississippi Meridian 1325

US Missouri Kansas City 1365

US Missouri Columbia 1374

US Missouri St. Louis 1316

US Missouri Springfield 1362

US Montana Kalispell 1156

US Montana Missoula 1177

US Montana Cut Bank 1412

US Montana Great Falls 1361

US Montana Helena 1311

US Montana Billings 1393

US Montana Lewistown 1324

US Montana Glasgow 1349

US Montana Miles Sity 1391

US Nebraska Scottsbluff 1477

US Nebraska North Platte 1485

US Nebraska Grand Island 1479

US Nebraska Norfolk 1429

US Nebraska Omaha 1367

US Nevada Reno 1595

US Nevada Winnemucca 1493

US Nevada Elko 1472

US Nevada Ely 1663

US Nevada Tonopah 1676

US Nevada Las Vegas 1729

US New Hampshire Concord 1285

Page 1012: Economics of Photoelectricity - November 13 2012

US New Jersey Newark 1231

US New Jersey Atlantic City 1301

US New Mexico Albuquerque 1747

US New Mexico Tucumcari 1642

US New York Buffalo 1119

US New York Rochester 1132

US New York Syracuse 1168

US New York Massena 1210

US New York Albany 1206

US New York Binghamton 1154

US New York New York City 1268

US North Carolina Asheville 1343

US North Carolina Greensboro 1364

US North Carolina Charlotte 1371

US North Carolina Raleigh 1365

US North Carolina Wilmington 1353

US North Carolina Cape Hatteras 1377

US North Dakota Minot 1374

US North Dakota Bismarck 1402

US North Dakota Fargo 1330

US Ohio Toledo 1223

US Ohio Cleveland 1139

US Ohio Yougstown 1080

US Ohio Akron 1157

US Ohio Mansfield 1161

US Ohio Dayton 1218

US Ohio Columbus 1170

US Oklahoma Oklahoma City 1483

US Oklahoma Tulsa 1392

US Oregon Astoria 1007

US Oregon Portland 1059

US Oregon Salem 1121

US Oregon Eugene 1111

US Oregon North Bend 1242

US Oregon Medford 1305

US Oregon Redmond 1411

US Oregon Burns 1379

US Oregon Pendleton 1286

US Pacific Islands Guam 1364

US Pennsylvania Erie 1161

US Pennsylvania Bradford 1188

US Pennsylvania Pittsburgh 1143

US Pennsylvania Williamsport 1150

US Pennsylvania Wilkes-Barre 1158

US Pennsylvania Allentown 1232

US Pennsylvania Harrisburg 1242

US Pennsylvania Philadelphia 1255

US Puerto Rico San Juan 1457

US Rhode Island Providence 1298

US South Carolina Greenville 1371

US South Carolina Columbia 1362

US South Carolina Charleston 1389

US South Dakota Rapid City 1464

US South Dakota Pierre 1443

US South Dakota Huron 1402

US South Dakota Sioux Falls 1362

US Tennessee Memphis 1392

US Tennessee Nashville 1329

US Tennessee Chattanooga 1284

US Tennessee Knoxville 1254

US Tennessee Bristol 1238

US Texas El Paso 1722

US Texas Amarillo 1612

US Texas Lubbock 1594

US Texas Midland 1624

Page 1013: Economics of Photoelectricity - November 13 2012

US Texas San Angelo 1522

US Texas Wichita Falls 1514

US Texas Fort Worth 1459

US Texas Abilene 1552

US Texas Waco 1444

US Texas Lufkin 1354

US Texas Houston 1269

US Texas Port Arthur 1333

US Texas San Antonio 1435

US Texas Victoria 1333

US Texas Corpus Christi 1304

US Texas Brownsville 1335

US Texas Austin 1417

US Utah Salt Lake City 1454

US Utah Cedar City 1632

US Vermont Burlington 1214

US Virginia Roanoke 1324

US Virginia Lynchburg 1389

US Virginia Norfolk 1322

US Virginia Richmond 1317

US Virginia Sterling 1282

US Washington Quillayute 935

US Washington Olympia 960

US Washington Seattle 1009

US Washington Yakima 1303

US Washington Spokane 1229

US West Virginia Huntington 1208

US West Virginia Charleston 1177

US West Virginia Elkins 1143

US Wisconsin Eau Claire 1253

US Wisconsin La Crosse 1275

US Wisconsin Green Bay 1281

US Wisconsin Milwaukee 1256

US Wisconsin Madison 1277

US Wyoming Lander 1580

US Wyoming Rock Springs 1587

US Wyoming Sheridan 1395

US Wyoming Casper 1525

US Wyoming Cheyenne 1517

Egypt Aswan 1767Egypt Cairo 1489

Ethiopia Addis Abba/Bole 1568

Ethiopia Awassa Lake 1479

Ethiopia Bahar Dar 1579

Ethiopia Combolchao/Dessie 1587

Ethiopia Debre Marcos 1526

Ethiopia Dire Dawa 1623

Ethiopia Gondar 1574

Ethiopia Jimma 1389

Ethiopia Metehara 1548

Ghana Accra/Kotoka International Airport 1369

Page 1014: Economics of Photoelectricity - November 13 2012

Source

S1139, APVA

APVA

APVA

S1139

S1139

S1139

S1139

S1139

S2776

S2776

S2566

S2566??

S2776

S2776

S2776

S2776

S2776

S2776

S2776

S2776

S2776

S2776

S2776

S2776

S2776

S2776

S2776

S2776

S2776

S2776

S2776

S2776

S2776

S2776

S2776

S2776

S2776

S2776

S2776

S2776

S2776

S1139

S1139

S1153

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

Page 1015: Economics of Photoelectricity - November 13 2012

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

S1139

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

S1139

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

Page 1016: Economics of Photoelectricity - November 13 2012

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

Page 1017: Economics of Photoelectricity - November 13 2012

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

Page 1018: Economics of Photoelectricity - November 13 2012

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

W145, N194

Page 1019: Economics of Photoelectricity - November 13 2012

2010).

Page 1020: Economics of Photoelectricity - November 13 2012

Roof Area (km²) Source Façade Area (km²) Source

Australia 422.3 S842 158.3 S842 68.2

Austria 139.6 S728 50.3 S728 15.2

Belgium 189.6 S728 66.6 S728

Canada 963.5 S842 361.3 S842 118.7

Denmark 88.0 S728 33.0 S842 8.7

Finland 127.3 S728 33.0 S842 11.8

France 1095.9 S728 385.0 S728

Germany 1295.9 S728 486.0 S842 128.3

Greece 196.3 S728 69.0 S728

Ireland 70.4 S728 24.7 S728

Italy 763.5 S728 286.3 S842 103.1

Japan 966.4 S842 362.4 S842 117.4

Luxembourg 8.1 S728 2.8 S728

Netherlands 259.4 S728 97.3 S842 25.7

Norway 82.7 S728 29.0 S728

Portugal 185.3 S728 65.1 S728

Spain 448.8 S728 168.3 S842 70.7

Sweden 218.8 S728 82.0 S842 21.8

Switzerland 138.2 S728 51.8 S842 15.0

United Kingdom 914.7 S728 343.0 S842 83.2

United States 10096.3 S842 3786.1 S842 1662.3

Roof Potential (TWh/yr)

Page 1021: Economics of Photoelectricity - November 13 2012

Source Source GW Source

S842 15.9 S842

S842 3.5 S842

S842 33.1 S842

S842 2.2 S842

S842 3.1 S842

S842 31.7 S842 130 to 160 S2508

S842 23.8 S842

S842 29.5 S842

S842 6.2 S842

S842 15.8 S842

S842 5.5 S842

S842 3.4 S842

S842 22.2 S842

S842 418.3 S842

Facade Potential (TWh/yr)

Page 1022: Economics of Photoelectricity - November 13 2012

Project Name City/County State Type of Project

Desert Sunlight Desert Center CA PV - Thin-film

Topaz Solar Farm Carrisa Plains CA PV - Thin-film

Blythe Solar Power Project Phase I Blythe CA PV

Agua Caliente Yuma County AZ PV

Mojave Solar San Bernadino County CA CSP - Trough

Solana Gila Bend AZ CSP - Trough

California Valley Solar Ranch (CVSR) San Luis Obispo CA PV - SPWR

Genesis Solar Energy Project Riverside County CA CSP - Trough

AV Solar Ranch One Antelope Valley CA PV - SPWR

Antelope Valley Solar Project Antelope Valley CA PV - SPWR

Rice Solar Energy Project Riverside County CA CSP - Tower

Ivanpah Solar Electric Generating System (SEGS) II Barstow CA CSP - Tower

Ivanpah Solar Electric Generating System (SEGS) III Barstow CA CSP - Tower

Ivanpah Solar Electric Generating System (SEGS) I Barstow CA CSP - Tower

Quinto Solar Los Banos CA PV - SPWR

Mesquite Solar Phase 1 Arlington AZ PV

Crescent Dunes Solar Energy Project Nye County NV CSP - Tower

Henrietta Solar Project Kings County CA PV - SPWR

Solar Energy Generating Sytems (SEGS) IX Kramer Junction CA CSP - Trough

Solar Energy Generating Sytems (SEGS) VIII Kramer Junction CA CSP - Trough

Martin Next Generation Solar Energy Center Martin County FL CSP - Trough

Nevada Solar One Boulder City NV CSP - Trough

Pflugerville Solar Power Plant Pflugerville TX PV

Copper Mountain Solar Project Boulder City NV PV - Thin-film

Sorrento Eagle Dunes Solar Farm Expansion Orlando FL PV

Del Sur Solar Lancaster CA PV

Alamosa Photovoltaic Solar Project San Luis Valley CO CSP - HCPV

Austin Energy PV Project Webberville TX PV

Cimarron I Solar Project Cimarron NM PV - Thin-film

San Luis Valley Solar Ranch Alamosa County CO PV

Solar Energy Generating Systems (SEGS) II Daggett CA CSP - Trough

Solar Energy Generating Systems (SEGS) III Kramer Junction CA CSP - Trough

Solar Energy Generating Systems (SEGS) IV Kramer Junction CA CSP - Trough

Solar Energy Generating Systems (SEGS) VI Kramer Junction CA CSP - Trough

Solar Energy Generating Systems (SEGS) VIII Kramer Junction CA CSP - Trough

Solar Energy Generating Systems (SEGS) VIII Kramer Junction CA CSP - Trough

DeSoto Next Generation Solar Energy Center Arcadia FL PV

Mchenry Solar Farm Modesto CA PV

Roadrunner Solar Electric Facility Santa Teresa TX PV - SAT

FSE Blythe 1 Blythe CA PV - Thin-film

Atwell Island Tulare County CA PV

Copper Crossing Pinal County AZ PV - SPWR

Ft. Irwin Solar Power Plant Ft. Irwin CA PV

Grand Ridge Solar Plant LaSalle County IL PV

Huron Solar Farm Fresno CA PV

Sun City Project Avenal CA PV

Tucson Solar Tucson AZ PV

Tinton Falls Solar Farm Tinto Falls NJ PV

BNL Area 1 Brookhaven NY PV

Bruceville Sacramento CA PV

Greater Sandhill Solar Plant Alamosa CO PV

Kammerer Sacramento CA PV

Sand Drag Solar Project Avenal CA PV

BNL Area 2 Brookhaven NY PV

Cotton Center Gila Bend AZ PV - SAT

Paloma Solar Plant Gila Bend AZ PV - Thin-film

Hyder Solar Plant AZ PV - SAT

Bagdad Solar Project Yavapai AZ PV

Five Points Solar Station Fresno CA PV

Jacksonville Solar Jacksonville FL PV

Stroud Solar Station Fresno CA PV

Westside Solar Station Fresno CA PV

Mount St. Mary's University Solar Farm Emmitsburg MD PV

Page 1023: Economics of Photoelectricity - November 13 2012

Blue Wing Solar Project San Antonio TX PV

Nellis Air Force Base Clark County NV PV

Solar Energy Generating Systems (SEGS) I Daggett CA CSP - Trough

Dillard Sacramento CA PV

Vineland Solar One Expansion Vineland NJ PV

Wyandot Solar Facility Salem Township OH PV - Thin-film

BNB Napoleon Solar LLC Phase 1 Napoleon OH PV

Dover SUN Park Dover DE PV

NJ Oak Solar Farm Fairfield Township NJ PV

Prescott Solar Power Plant Prescott AZ PV - SAT

Prescott Solar Power Plant Lake Mary FL PV

Space Coast Next Generation Solar Energy Center Kennedy Space Center FL PV

SunEdison NM Solar 1 Lea & Eddy Counties NM PV

SunEdison NM Solar 2 Lea & Eddy Counties NM PV

SunEdison NM Solar 3 Lea & Eddy Counties NM PV

West Pullman Industrial Redevelopment Area Cicago IL PV

Alamosa Photovoltaic Solar Plant Alamosa CO PV

Porterville Solar Plnat San Joaquin Valley CA PV

Aerojet Solar Facility Sacramento CA PV

Air Force Academy Colorado Springs CO PV

Avenal Park Solar Project Avenal CA PV

Lawrenceville School Solar Farm Lawrence NJ PV

Stanton Solar Farm Orange FL PV

Princeton University Solar Farm Princeton NJ PV

Ajo Ajo AZ PV - SAT

Alamogordo Solar Energy Center Alamogordo NM PV - Thin-film

Arizona Western College Yuma AZ PV

CalRenew America Mendota CA PV - Thin-film

Colorado State University, Fort Collins Solar Farm Fort Collins CO PV

Deming Solar Energy Center Los Lunas NM PV

Hatch Solar Center Hatch NM CSP - CPV

Janssen Pharmaceutica Solar Farm Titusville NJ PV

Keahole Solar Power Oahu HI CSP - MicroCSP

Kimberlina Bakersfield CA CSP - Linear Fresnel

Kings Mountain Solar Farm Kings Mountain NC PV

Las Vegas Solar Center Las Vegas NV PV

Palm Springs Solar PV Project II Palm Springs CA PV

Sierra SunTower Antelope Valley CA CSP - Tower

Springerville Generating Station Solar System Springerville AZ PV - Thin-film

Sunset Reservoir Solar Power System San Francisco CA PV

West Tennessee Solar Farm Haywood County TN PV

Denver International Airport Solar Array Denver CO PV

Vineland Solar One Vineland NJ PV

Edwards Air Force Base Solar Farm Kern County CA PV

Exelon-Conergy Solar Energy Center Fairless Hills PA PV

Inlands Empire Utilities Agency Solar Farm Chino CA PV

Prescott Solar Power Plant Prescott AZ PV

Rancho Seco Nuclear Station Herald CA PV

\William Stanley Business Park Pittsfield MA PV

Albuquerque Solar Center Albuquerque NM PV

Berkshire School Solar Farm Sheffield MA PV

Bowling Green Solar Farm Bolwing Gren KY PV

DIA 1 Denver CO PV

DIA 2 Denver CO PV

Fort Carson Army Base Colorado Springs CO PV

GV1 Byron CA CSP - CPV

Holaniku at Keahole Point Kona HI PV

Lake County Sanitation District Solar Farm Lakeport CA PV

Los Alamos County Landfill Solar Facility Los Alamos NM PV

Maricopa Solar Power Plant Phoenix AZ CSP - Dish-engine

Mars Solar Garden Hackettstown NJ PV

Northfield Mountain Solar Farm Northfiled MA PV - Thin-film

Rifle Energy Innovation Rifle CO PV

Vaca-Dixon Solar Station Vacaville CA PV

Yamhill Solar Yamhill OR PV

Page 1024: Economics of Photoelectricity - November 13 2012

Salt Palace Convention Center Salt Lake City UT PV

Springerville Expansion Springerville AZ PV - Thin-film - SAT

USMC 29 Palms Twentynine Palms CA PV

Bellevue Solar Yamhill OR PV

Cameo Coal-Fired Hybrid Demonstration Project Grand Junction CO CSP - Trough

Camp pendleton Solar Facility San Diego CA PV

Chattanooga Metropolitan Airport Solar Farm Chattanooga TN PV

City of Madera Wastewater Solar Farm Madera NM PV

Colorado State University, Pueblo Solar Farm Pueblo CO PV

Evergreen Packaging Solar Farm Black Mountain NC PV

Hayward Wastewater Solar Facility Hayward CA PV

Ingram's Mill Farm Chester County PA PV

Kapolei Sustainable Energy Park Oahu HI PV

Kent County Public Works Solar Array Kent DE PV

Mt. Airy Solar Farm Mount Airy NC PV

Neuse River Wastewater Treatment Plant Solar Array Raleigh NC PV

Nichols Farm Hanford CA CSP - CPV

Pima County Wastewater Reclamation Solar Farm Tuscon AZ PV

Pulaski Energy Park Solar Farm Pulaski TN PV

Questa Questa NM CSP - Lens CPV

Rancho California Water District Solar Farm Murrieta CA PV

Rio Vista Water Treatment Santa Clarita CA PV

Sacramento Soleil 2008 Sacramento CA PV

Saguaro Solar Power Plant Red Rock AZ CSP - Trough

Santa Fe Wastewater Treatment Solar Farm Santa Fe NM PV

SAS Solar Farm 1 Cary NC PV

Senga Doherty Pump Station Riverside CA PV

Shelby Solar Project Shelby NC PV

Trenton Trenton NJ PV

Washington Township Solar Array Washington OH PV - SAT

West County Wastewater District Solar Richmond CA PV

Western Riverside County Regional Wastewater Authority Solar Far Corona CA PV

Chino Valley Solar Plant AZ PV - SAT

Western China PV

China Ningxia Province PV

TBEA Projects Various Provinces PV

China Lake Naval Air Weapons Station CA PV - SPWR

Monaltodi Castro Italy PV - SPWR

Exelon City Solar plant PV - SPWR

Amherstburg Solar Facility Ontario, Canada PV - SPWR

Galatii 500 kW Galati, Romania PV

Dubai 13 MW Solar Project Dubai, UAE PV

Krughutte Metallurgy Conversion Project Eisleben, Germany PV

Mechlenburg- Western Pomerania Airfield Conversion Mecklenburg, Germany PV

Massangis Solar Power Plant Bourgogne, France PV

Walddrehna 52.7 MW Project Brandenburg, Germany PV

Delitzsch 32 MW Plant Delitzsch, Germany PV

PV

Page 1025: Economics of Photoelectricity - November 13 2012

Status Source Source $/Watt - DC Source

Under Construction 632 N188 $ 4.07 S1950, S1953, S1971 550

Under Construction 632 N188 $ 3.78 S1950, S1951, S1953 550

Under Construction 575 N188 S1950 500

Under Construction 333 N188 $ 4.97 S1950, S1885, S1946 290

Under Construction N/A S1950, S1959, S1971 280

Under Construction N/A S1950, S1885, S1971 280

Under Construction 287 N188 $ 5.06 S1950, S1958, S1971 250

Under Construction N/A S1950, S1971 250

Under Construction 264 N188 $ 4.73 S1950, S1885, S1948 230

Under Construction 691 N188 S2712 601

Under Construction N/A S1950, S1957 150

Under Construction N/A S1950, S1885, S1971 133

Under Construction N/A S1950, S1885, S1971 133

Under Construction N/A S1950, S1885, S1971 126

Under Construction 126 N188 110

Under Construction 124 N188 $ 3.12 S1950, S1956, S1971 108

Under Construction N/A S1950, S1952, S1971 100

Under Construction 115 N188 S2713, S2714 100

1991 N/A S1950 80

1990 N/A S1950 80

2010 N/A S1950, S1936 75

Mar-2007 N/A S1950, S1962, S1963 64

Under Construction 69 N188 S1950 60

Feb-2011 55 N188 $ 2.35 S1950, S1954, S1973 48

Under Construction 46 N188 $ 4.00 S1950, S1975 40

Under Construction 44 N188 S1950 38

Under Construction N/A S1950, S1971 30

Dec-2011 34 N188 $ 2.67 S1950 30

Jan-2011 34.5 $ 2.67 S1950, S2022, S2246 30

Dec-2007 34.5 N188 S1950 30

1986 N/A S1950 30

1987 N/A S1950 30

1987 N/A S1950 30

1989 N/A S1950 30

1988 N/A S1950 30

1989 N/A S1950 30

Oct-2009 28.0 $ 4.86 S1950, S1936, S1941 25

Under Construction 28.7 N188 $ 4.80 S1950, S2712 25

Sep-2011 23.0 N188 S1950, S2174, S2246 20

Dec-2009 24.1 N188 $ 2.30 S1950, S1941, S1942 21

Under Construction 23.0 N188 S1950 20

November, 2011 23.0 N188 S1950, S2714 20

Under Construction 23.0 N188 S1950 20

Under Construction 23.0 N188 S1950 20

Under Construction 23.0 N188 S1950 20

Jun-2011 23.0 N188 S1950, S1954 20

Under Construction 23.0 N188 S1950 20

Under Construction 22.9 N188 $ 3.22 S1950 19.88

2011 21.8 N188 S1950 19

Under Construction 21.8 N188 S1950 19

Dec-2010 21.8 N188 S1950, S2712 19

Under Construction 21.8 N188 S1950 19

Jun-2011 21.8 N188 S1950, S1954 19

2011 20.7 N188 S1950 18

Oct-2011 19.5 N188 S1950 17

Oct-2011 19.5 N188 S1950 17

est. April 2012 18.4 N188 S2021 16

Under Construction 17.2 N188 S1950 15

2011 17.2 N188 S1950 15

2010 17.2 N188 S1950 15

Oct-2011 17.2 N188 S1950 15

Oct-2011 17.2 N188 S1950 15

Under Construction 16.7 N188 $ 3.31 S1950 14.5

Capacity (MW - DC)

Total Cost (millions ¥€£)

Capacity (MW - AC)

Page 1026: Economics of Photoelectricity - November 13 2012

Nov-2010 16.6 N188 $ 2.50 S1950 14.4

2007 16.1 N188 $ 5.71 S21815 14

1985 N/A S1950 14

Under Construction 13.8 N188 S1950 12

Under Construction 13.8 N188 S1950 12

2010 13.8 N188 S1950 12

Under Construction 11.5 N188 S1950 10

2011 11.5 N188 S1950, S2712 10

Under Construction 11.5 N188 S1950 10

est. Oct 2011 11.5 N188 S1950 10

Under Construction 11.5 N188 S1950 10

2010 11.5 N188 $ 5.68 S1950, S1936, S1941 10

Sep-2011 11.5 N188 S1950 10

Sep-2011 11.5 N188 S1950 10

Sep-2011 11.5 N188 S1950 10

2010 11.5 N188 S1950 10

2007 9.2 N188 $ 4.90 S2815 8

2011 8.0 N188 S1950 7

0 6.9 N188 S1950 6

0 6.9 N188 S1950 6

Jul-2011 6.9 N188 S1950, S1954 6

Under Construction 6.9 N188 S1950 6

2011 6.9 N188 S1950 6

Under Construction 6.1 N188 $ 4.23 S1950 5.3

2011 5.7 N188 S1950 5

2011 5.7 N188 S1950 5

2011 5.7 N188 S1950 5

Apr-2010 5.7 N188 S1950, S1954, S2022 5

2010 5.7 N188 S1950 5

Aug-2011 5.7 N188 S1950 5

Oct-2011 N/A S1950 5

2010 5.7 N188 S1950 5

Under Construction N/A S1950 5

2009 N/A S1950, S1941, S1938 5

Jan-2012 5.7 N188 $ 3.52 S1950 5

Jan-2012 5.7 N188 S1950 5

Under Construction 5.7 N188 S1950 5

Aug-2009 N/A S1950, S1940, S1937 5

2003 5.7 N188 S1950 5

Dec-2010 5.7 N188 S1950 5

Under Construction 5.7 N188 S1950 5

2011 4.6 N188 S1950 4

2009 4.6 N188 S1950 4

Under Construction 3.4 N188 S1950 3

2008 3.4 N188 S1950 3

2008 3.4 N188 S1950 3

2006 3.4 N188 S1950 3

1984 3.4 N188 S1950 3

2010 2.3 N188 S1950 2

Apr-2011 2.3 N188 S1950 2

2011 2.3 N188 S1950 2

Sep-2011 2.3 N188 S1950 2

2008 2.3 N188 S1950 2

2009 2.3 N188 S1950 2

2008 2.3 N188 S1950 2

Under Construction N/A S1950 2

2009 2.3 N188 S1950 2

2008 2.3 N188 S1950 2

Under Construction 2.3 N188 S1950 2

2010 N/A S1950 2

2.3 N188 S1950 2

2011 2.3 N188 S1950 2

2009 2.3 N188 S1950 2

2010 2.3 N188 S1950 2

Oct-2011 2.3 N188 S1950 2

Page 1027: Economics of Photoelectricity - November 13 2012

Feb-2012 1.9 N188 $ 3.20 1.65

1.7 N188 1.512

Sep-2003 1.3 N188 $ 4.73 S1950 1.1

Oct-2011 1.1 N188 S1950 1

2010 S1950 1

Mar-2011 1.1 N188 S1950 1

Under Construction 1.1 N188 S1950 1

2010 1.1 N188 S1950 1

2009 1.1 N188 S1950 1

2011 1.1 N188 S1950 1

2011 1.1 N188 S1950 1

Under Construction 1.1 N188 S1950 1

Dec-2011 1.1 N188 S1950 1

2011 1.1 N188 S1950 1

1.1 N188 S1950 1

2012 1.1 N188 S1950 1

2011 S1950 1

2011 1.1 N188 S1950 1

Under Construction 1.1 N188 S1950 1

2011 S1950 1

2008 1.1 N188 S1950 1

Jan-2012 1.1 N188 S1950 1

2008 1.1 N188 S1950 1

2005 S1950 1

2011 1.1 N188 S1950 1

2008 1.1 N188 S1950 1

Jan-2012 1.1 N188 S1950 1

2010 1.1 N188 S1950 1

1.1 N188 S1950 1

2010 1.1 N188 S1950 1

2008 1.1 N188 S1950 1

2009 1.1 N188 S1950 1

est. October 2012 0.0 N188 S2021

Q1 2012 23.0 N188 S2173 20

Dec-11 34.5 N188 S2173 30

2012 0.0 N188 S2173

Online 16.1 N188 S2714 14

Online 72.0 S2714

Online 9.2 N188 S2714 8

2011 23.0 N188 S2714 20

Online - Oct 2012 0.5 S2845 0.435

Planned 13.0 S2863 124 S2863 $ 2.60 S2863

Sep-12 29.1 S2884 40 S2884 $ 1.77 S2884 25

Sep-12 31.5 S2868 27

Online - 2012 56.0 S2869

Sep-12 52.7 S2895 70 S2916 $ 1.71 S2895 46

Sep-12 32.0 S2897 50 ??? $ 2.01 S2897

Nov-12 5.3 S2934 7.5 S2934 $ 1.42 S2934

http://www.deseretnews.com/article/705398549/Solar-array-will-generate-power-business-for-Salt-Palace-Convention-Center.html?s_cid=s10

Page 1028: Economics of Photoelectricity - November 13 2012

Wh/Wp $/Watt - AC

1302 27% 2367 2800 5.09

1254 26% 2279 2600 4.73

688 27% 2372 1800 6.21

687 28% 2454 1500 5.36

1055 43% 3769 1967 7.03

679 31% 2717 1581 6.32

570 26% 2279 1065 4.26

625 31% 2717 1360 5.91

450 34% 3000 800 5.33

361 31% 2717 740 5.56

361 31% 2717 740 5.56

342 31% 2717 701 5.56

256 27% 2367 421 3.90

456 52% 4558 983 9.83

244 28% 2440

398 5.31

134 24% 2094 266 4.16

100 24% 2083 141 2.94

64 18% 1600 200 5.00

32 10% 842

76 29% 2542 145 4.83

61 23% 2033 100 3.33

62 24% 2067 100 3.33

78 30% 2600

42 19% 1680 152 6.08

60 27% 2403 150 6.00

48 26% 2302 60.3 2.87

42 24% 2110

34 19% 1700

50 29% 2500

27 15% 1341 80 4.02

32 19% 1684

46 31% 2706

41 29% 2563

31 24% 2067

31 24% 2067

22 17% 1517 60 4.14

Expected GWh/yr

Capacity Factor

Total Cost (millions USD)

Total Cost (millions ¥€£)

Page 1029: Economics of Photoelectricity - November 13 2012

27 21% 1847 45 3.13

100 7.14

25 29% 2500

71 7.10

49 6.13

10 19% 1667

8 17% 1509 28 5.28

10 23% 2000

9 20% 1712

46.4 9.28

7 17% 1480 22 4.40

9 21% 1800 65.1 13.02

6 14% 1200

Page 1030: Economics of Photoelectricity - November 13 2012

2 17% 1455 6.6 4.00

3 24% 2083

6.5 5.91

2 23% 2000 6 6.00

0.8 1.84

33.8 124

51.4 40

52 12.94% 1134 90.0 70 1.96

64.3 50

Page 1031: Economics of Photoelectricity - November 13 2012

Source PPA - $/kWh Source

S1950, S1953, S1971 S1950, S1953, S1971

S1950, S1951, S1953, S1971 S1950, S1951, S1953, S1971

S1950 S1950

S1950, S1885, S1946, S1947, S1954, S1971 S1950, S1885, S1946, S1947, S1954, S1971

S1950, S1959, S1971 S1950, S1959, S1971

S1950, S1885, S1971 S1950, S1885, S1971

S1950, S1958, S1971 S1950, S1958, S1971

S1950, S1971 S1950, S1971

S1950, S1885, S1948, S1953, S1971, S1972 S1950, S1885, S1948, S1953, S1971, S1972

S2712 S2712

S1950, S1957 S1950, S1957

S1950, S1885, S1971 S1950, S1885, S1971

S1950, S1885, S1971 S1950, S1885, S1971

S1950, S1885, S1971 S1950, S1885, S1971

S1950, S1956, S1971 S1950, S1956, S1971

S1950, S1952, S1971 S1950, S1952, S1971

S2713, S2714 0.104 S2713, S2714

S1950 S1950

S1950 S1950

S1950, S1936 S1950, S1936

S1950, S1962, S1963, S1976 S1950, S1962, S1963, S1976

S1950 S1950

S1950, S1954, S1973, S2246 S1950, S1954, S1973, S2246

S1950, S1975 S1950, S1975

S1950 S1950

S1950, S1971 S1950, S1971

S1950 S1950

S1950, S2022, S2246 S1950, S2022, S2246

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950, S1936, S1941, S2246 S1950, S1936, S1941, S2246

S1950, S2712 S1950, S2712

S1950, S2174, S2246 S1950, S2174, S2246

S1950, S1941, S1942. S2022 S1950, S1941, S1942. S2022

S1950 S1950

S1950, S2714 S1950, S2714

S1950 S1950

S1950 S1950

S1950 S1950

S1950, S1954 S1950, S1954

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950, S2712 S1950, S2712

S1950 S1950

S1950, S1954 S1950, S1954

S1950 S1950

S1950 S1950

S1950 S1950

S2021 S2021

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

Page 1032: Economics of Photoelectricity - November 13 2012

S1950 S1950

S21815 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950, S2712 S1950, S2712

S1950 S1950

S1950 S1950

S1950 S1950

S1950, S1936, S1941 S1950, S1936, S1941

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S2815 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950, S1954 S1950, S1954

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950, S1954, S2022 S1950, S1954, S2022

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950, S1941, S1938 S1950, S1941, S1938

S1950 S1950

S1950 S1950

S1950 S1950

S1950, S1940, S1937, S1885, S1941, S1954 S1950, S1940, S1937, S1885, S1941, S1954

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

Page 1033: Economics of Photoelectricity - November 13 2012

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S1950 S1950

S2021 S2021

S2173 S2173

S2173 S2173

S2173 S2173

S2714 S2714

S2714 S2714

S2714 S2714

S2714 S2714

S2845

S2863

S2884

S2916

http://www.deseretnews.com/article/705398549/Solar-array-will-generate-power-business-for-Salt-Palace-Convention-Center.html?s_cid=s10http://www.deseretnews.com/article/705398549/Solar-array-will-generate-power-business-for-Salt-Palace-Convention-Center.html?s_cid=s10

Page 1034: Economics of Photoelectricity - November 13 2012

Notes

GTM lists $4.74/Watt - AC and total cost of 2607

The power purchase agreement has been in place since August 2008, four months after the project was first proposed by OptiSolar.

GTM lists $5.93/Watt - AC and tatal cost of 1719

Loan Guarantee assumed to equal 80% of total cost. GTM lists $6.40/Watt - AC and total cost of 1600

GTM lists $7.87/Watt - AC with a system size of 250 MW, S2815 lists a project cost of only 1 billion

Used 1.2 billion LG. Composed of High Plains Ranch I & II (40 & 210 MW respectively

Loan Guarantee assumed to equal 80% of total cost. GTM lists total cost of 1520

Cost estimated at 750 to 850 million

GTM lists $5.89/Watt - AC

Loan Guarantee assumed to equal 80% of total cost. GTM lists total cost of 602

S1952 list plant size at 110 MW. GTM lists $8.93/Watt - AC

Below the 2016 MPR ($0.104/kWh)

The site has a natural gas plant as well

http://www.google.ca/url?sa=t&rct=j&q=%22westside%20solar%22%20gwh&source=web&cd=1&sqi=2&ved=0CB8QFjAA&url=http%3A%2F%2Fwww.cpuc.ca.gov%2FNR%2Frdonlyres%2F6AEB9549-8201-4829-A61E-1FDD45E4FE76%2F0%2FRPS_Project_Status_Table_2011_June.XLS&ei=LEJDT4yBIcmZiAKlhcCfAQ&usg=AFQjCNHSk_wIOCihEpysZTrcs6MQ9p7-VQ&sig2=ovyIoQmelSNtPJ6Jm6W-lw

http://www.pv-tech.org/news/del_sur_solar_project_begins_construction_in_antelope_valley_california

http://www.pv-tech.org/news/austin_energy_inaugurates_30mw_webberville_solar_plant

http://www.acore.org/files/pdfs/states/NewMexico.pdf

http://www.iberdrolarenewables.us/pdf/san-luis-fact-sheet.pdf

http://www.fpl.com/environment/solar/desoto_faq.shtml

http://www.mid.org/solarfarm/DEIR/McHenry_Solar_Farm_DEIR.pdf

http://www.greentechmedia.com/articles/read/solar-project-solutions-20-mw-atwell-island-solar-farm/

http://www.sunedison.com/wps/wcm/connect/773f90c3-bc58-4d66-8868-ad827c7e8dc7/se_tucson_flyer-web.pdf?MOD=AJPERES&CACHEID=773f90c3-bc58-4d66-8868-ad827c7e8dc7

http://www.senatenj.com/index.php/beck/beck-lauds-opening-of-solar-farm-in-tinton-falls/9842

http://3blmedia.com/theCSRfeed/Xcel-Energy-and-SunPower-Complete-19-Megawatt-Solar-PV-Plant-Colorados-Largest-Date

http://www.milenderwhite.com/portfolio/project/utility_infrastructure/2481

http://www.msmary.edu/why-the-mount/sustainability/mountsolar.html

Page 1035: Economics of Photoelectricity - November 13 2012

http://www.renewableenergyfocususa.com/view/13941/blue-wing-solar-project-completed-in-texas/

http://www.aps.com/_files/solarRenewable/2010RESComplianceFiling.pdf

http://www.nj.com/mercer/index.ssf/2011/09/princeton_university_and_mccc.html

http://www.pv-tech.org/news/duke_energy_buys_20mw_arizona_solar_portfolio

http://cable33.com/news/index.php/home/view/6361

http://www.azcc.gov/Divisions/Utilities/Electric/REST%20PLANS/2010/1_2010%20Annual%20REST%20Plan.pdf

Page 1036: Economics of Photoelectricity - November 13 2012

http://www.google.ca/url?sa=t&rct=j&q=%221.1%20mw%22%20%22twentynine%20palms%22%20%226.5%20million%22%20&source=web&cd=1&ved=0CB8QFjAA&url=http%3A%2F%2Fwww.serdp.org%2Fcontent%2Fdownload%2F12728%2F151119%2Fversion%2F3%2Ffile%2FSolar%2BEnergy%2BDevelopment%2Bon%2BDoD%2BInstallations%2Bin%2Bthe%2BMojave%2Band%2BColorado%2BDeserts.pdf&ei=3lNDT9CiMoSbiQKmm_XsDA&usg=AFQjCNESHdLF7n-euAXDswPsI9ULjXzd8g&sig2=FwTfO4KoNCxlXWPvXWEkAQ

Cost quoted as about 15 RMB per Watt ($2.39/Watt)

Cost quoted as about 11 RMB per Watt ($1.75/Watt)

Cost quoted as about 12 RMB per Watt ($1.91/Watt)

First Solar Panels

http://www.worldofphotovoltaics.com/pv_resources/pv_industry_news/company-news/solectria_renewables_powers_the_largest_rooftop_installation_in_.html

https://tep.com/doc/renewable/springerville-expansion.pdf

http://cms3.tucsonaz.gov/files/water/docs/report_tucson_solar_final.pdf

Page 1037: Economics of Photoelectricity - November 13 2012

The district will pay 17 cents per kilowatt-hour for the solar power over 25 years, about double the current cost of conventional power.

http://www.google.ca/url?sa=t&rct=j&q=%22westside%20solar%22%20gwh&source=web&cd=1&sqi=2&ved=0CB8QFjAA&url=http%3A%2F%2Fwww.cpuc.ca.gov%2FNR%2Frdonlyres%2F6AEB9549-8201-4829-A61E-1FDD45E4FE76%2F0%2FRPS_Project_Status_Table_2011_June.XLS&ei=LEJDT4yBIcmZiAKlhcCfAQ&usg=AFQjCNHSk_wIOCihEpysZTrcs6MQ9p7-VQ&sig2=ovyIoQmelSNtPJ6Jm6W-lw

http://austinenergy.posterous.com/webberville-solar-project-dedicated

http://www.modbee.com/2011/09/15/1862533/county-panel-oks-155-acre-solar.html

http://www.sunedison.com/wps/wcm/connect/773f90c3-bc58-4d66-8868-ad827c7e8dc7/se_tucson_flyer-web.pdf?MOD=AJPERES&CACHEID=773f90c3-bc58-4d66-8868-ad827c7e8dc7

http://zongyisolar.com/Projects.php

http://solar-nation.org/2010/01/27/maryland-finds-a-way-to-build-big-solar/http://www.msmary.edu/why-the-mount/news-and-events/newspaper-articles/B-article220solarfarmassociated.html

Page 1038: Economics of Photoelectricity - November 13 2012

http://www.juwisolar.com/the-blue-wing-solar-project-%E2%80%9Ctruly-utility-scale%E2%80%9D/http://www.ens-newswire.com/ens/jun2010/2010-06-09-091.html

http://bgbblog.com/2011/02/03/princeton-universitys-solar-vision/

http://www.aps.com/_files/solarRenewable/2010RESComplianceFiling.pdf

http://www.bizjournals.com/charlotte/blog/power_city/2012/01/duke-energy-signs-20-year-contract-on.html

Page 1039: Economics of Photoelectricity - November 13 2012

http://www.google.ca/url?sa=t&rct=j&q=%221.1%20mw%22%20%22twentynine%20palms%22%20%226.5%20million%22%20&source=web&cd=1&ved=0CB8QFjAA&url=http%3A%2F%2Fwww.serdp.org%2Fcontent%2Fdownload%2F12728%2F151119%2Fversion%2F3%2Ffile%2FSolar%2BEnergy%2BDevelopment%2Bon%2BDoD%2BInstallations%2Bin%2Bthe%2BMojave%2Band%2BColorado%2BDeserts.pdf&ei=3lNDT9CiMoSbiQKmm_XsDA&usg=AFQjCNESHdLF7n-euAXDswPsI9ULjXzd8g&sig2=FwTfO4KoNCxlXWPvXWEkAQ

http://www.newenergyworldnetwork.com/investor-news/renewable-energy-news/by-technology/solar/bella-energy-completes-1-65mw-rooftop-pv-system.html

Page 1040: Economics of Photoelectricity - November 13 2012

The district will pay 17 cents per kilowatt-hour for the solar power over 25 years, about double the current cost of conventional power.

http://www.google.ca/url?sa=t&rct=j&q=%22westside%20solar%22%20gwh&source=web&cd=1&sqi=2&ved=0CB8QFjAA&url=http%3A%2F%2Fwww.cpuc.ca.gov%2FNR%2Frdonlyres%2F6AEB9549-8201-4829-A61E-1FDD45E4FE76%2F0%2FRPS_Project_Status_Table_2011_June.XLS&ei=LEJDT4yBIcmZiAKlhcCfAQ&usg=AFQjCNHSk_wIOCihEpysZTrcs6MQ9p7-VQ&sig2=ovyIoQmelSNtPJ6Jm6W-lw

http://www.msmary.edu/why-the-mount/news-and-events/newspaper-articles/B-article220solarfarmassociated.html

Page 1041: Economics of Photoelectricity - November 13 2012

http://www.google.ca/url?sa=t&rct=j&q=%221.1%20mw%22%20%22twentynine%20palms%22%20%226.5%20million%22%20&source=web&cd=1&ved=0CB8QFjAA&url=http%3A%2F%2Fwww.serdp.org%2Fcontent%2Fdownload%2F12728%2F151119%2Fversion%2F3%2Ffile%2FSolar%2BEnergy%2BDevelopment%2Bon%2BDoD%2BInstallations%2Bin%2Bthe%2BMojave%2Band%2BColorado%2BDeserts.pdf&ei=3lNDT9CiMoSbiQKmm_XsDA&usg=AFQjCNESHdLF7n-euAXDswPsI9ULjXzd8g&sig2=FwTfO4KoNCxlXWPvXWEkAQ

http://www.newenergyworldnetwork.com/investor-news/renewable-energy-news/by-technology/solar/bella-energy-completes-1-65mw-rooftop-pv-system.html

Page 1042: Economics of Photoelectricity - November 13 2012

http://www.google.ca/url?sa=t&rct=j&q=%221.1%20mw%22%20%22twentynine%20palms%22%20%226.5%20million%22%20&source=web&cd=1&ved=0CB8QFjAA&url=http%3A%2F%2Fwww.serdp.org%2Fcontent%2Fdownload%2F12728%2F151119%2Fversion%2F3%2Ffile%2FSolar%2BEnergy%2BDevelopment%2Bon%2BDoD%2BInstallations%2Bin%2Bthe%2BMojave%2Band%2BColorado%2BDeserts.pdf&ei=3lNDT9CiMoSbiQKmm_XsDA&usg=AFQjCNESHdLF7n-euAXDswPsI9ULjXzd8g&sig2=FwTfO4KoNCxlXWPvXWEkAQ

Page 1043: Economics of Photoelectricity - November 13 2012

Project State/Region Utility

Tehachapi Renewable Transmission Project (TRTP) CA

El Dorado - Ivanpah Transmission Project (EITP) CA

Sunrise Powerlink CA

Neptune Cable

Trans Bay Cable CA

Cross Sound Cable

Canada - Pacific Northwest - California Transmission Project (CNC Project)

Central California Clean Energy Transmission Project (C3ET)

Southern Crossing Project

Devers - Palo Verde No. 2 (DPV2) CA

Cranberry - Conover - Plains 138 kV Project

ETT - Presidio Battery

Missile Site 230 kV Switching Station

Morgan to Pinnacle Peak 500/230 kV Transmission Project

Oncor - Static VAR Compensator

Paddock - Rockdale 345 kV Project

Salado - Hutto 345 kV Transmission Line Project

Southern Loop Coolidge Connector

Thomson 500/230 kV Project

Wichita - Reno County - Summit 345 kV Line

Windspeed: Woodward - Northwest 345 kV Line

San Joaquin Corss Valley Loop (SJXVL)

South of Kramer (SOK)

West of Devers (WOD)

Midway - Gregg 500 kV project

Page 1044: Economics of Photoelectricity - November 13 2012

MW Cost per Watt Length (miles) Year Source

1800 4500 0.40 173 in Construction S1964, S2037, S2038

446 1400 0.32 S1965

1880 1000 1.88 117 est. 2012 S2032

600 660 0.91 65 2007 S2033

505 400 1.26 53 2010 S2033, S2034

120 330 0.36 24 2005 S2035, S2036

7000 3000 2.33 1000 Proposed S2040

1000 1000 1.00 170 Proposed S2040

700 600 1.17 200 est. 2014 S2040, S2041

680 680 1.00 41.6 est. 2011 S2040, S2042

2010 S2043

2010 S2043

2010 S2043

2010 S2043

2010 S2043

2010 S2043

2010 S2043

2010 S2043

2010 S2043

2010 S2043

2010 S2043

S2043

S2043

S2043

S2043

Total Cost (million)

Page 1045: Economics of Photoelectricity - November 13 2012

Notes

S2040 metions over 250 miles of lines

306 to 446 million

150 kV

500 kV, 3 to 7 billion cost estimate

500 kV

500 kV

230 & 500 kV

Page 1046: Economics of Photoelectricity - November 13 2012

Source Note

Glass 0.05 W106

Glass $/m2 $10 S1800

Glass $/Watt $0.10 Nemet

Frame $/Watt 0.05 W106

Junction Box $/Watt 0.04 W106

Ribbon $/Watt 0.04 W106

Backsheet $/Watt 0.04 W106

Backsheet/TPT/PET $/m2 $6-$9 S1800

Encapsulant/PPT $/Watt 0.04 W106

Encapsulant/EVA/PVB $/m2 $3.5-$5.5 S1800

Labor $/Watt 0.03 W106

Utilities $/Watt 0.02 W106

Depreciation $/Watt 0.01 W106

Polysilicon $/Watt 0.16 S2244 GTM, Chinese mcsi module cost breakdown - 2012

Non-poly Material $/Watt 0.43 S2244 GTM, Chinese mcsi module cost breakdown - 2012

Labor $/Watt 0.1 S2244 GTM, Chinese mcsi module cost breakdown - 2012

Depreciation $/Watt 0.05 S2244 GTM, Chinese mcsi module cost breakdown - 2012

Utilities $/Watt 0.04 S2244 GTM, Chinese mcsi module cost breakdown - 2012

Yield Loss $/Watt 0.04 S2244 GTM, Chinese mcsi module cost breakdown - 2012

Total 0.82

Overhead & Maintenance $/Watt 0.12 S2244 GTM, Miasole module cost breakdown - 2012

Depreciation $/Watt 0.08 S2244 GTM, Miasole module cost breakdown - 2012

CIGS Layer $/Watt 0.06 S2244 GTM, Miasole module cost breakdown - 2012

Labor $/Watt 0.17 S2244 GTM, Miasole module cost breakdown - 2012

Balance of Materials $/Watt 0.24 S2244 GTM, Miasole module cost breakdown - 2012

Sustrate/Processing Materials $/Watt 0.18 S2244 GTM, Miasole module cost breakdown - 2012

Total 0.85

Overhead & Maintenance $/Watt 0.08 S2394 GTM, First Solar module cost breakdown - 2012

Depreciation $/Watt 0.18 S2394 GTM, First Solar module cost breakdown - 2012

CdTe $/Watt 0.07 S2394 GTM, First Solar module cost breakdown - 2012

Labor $/Watt 0.01 S2394 GTM, First Solar module cost breakdown - 2012

Balance of Materials $/Watt 0.18 S2394 GTM, First Solar module cost breakdown - 2012

Sustrate/Processing Materials $/Watt 0.12 S2394 GTM, First Solar module cost breakdown - 2012

Total 0.64

Page 1047: Economics of Photoelectricity - November 13 2012

Qty DESCRIPTION UNIT PRICE AMOUNT USD/Watt Euro/Watt

2012 U.S. Kit System

22 Canadian Solar 230 W Panels $ 262 $ 5,768 $ 1.14

2 Solar Panel Cable - 50ft $ 44 $ 88 $ 0.02

1 Delta Lightning Arrestor $ 40 $ 40 $ 0.01

1 SMA Inverter $ 2,492 $ 2,492 $ 0.49

1 Lightning Arrestor $ 40 $ 40 $ 0.01

1 Disconnect Nonfused $ 75 $ 75 $ 0.01

1 Square D DC Disconnect $ 170 $ 170 $ 0.03

Total $ 8,674 $ 1.71

2010 U.S. 3960 Watt System

18 Schott 220 watt solar panel $638 $11,484 $2.90

1 Tyco Cable assembly and cable gland $65 $65 $0.02

1 Midnite Solar combiner box and fuse $88 $88 $0.02

1 Midnite Solar fuse holder and fuse $19 $19 $0.00

1 PVPowered 3500 watt inverter $2,279 $2,279 $0.58

1 Square D AC disconnect $46 $46 $0.01

1 Delta DC lightning arrestor $40 $40 $0.01

1 Delta AC lightning arrestor $42 $42 $0.01

2 UniRac Standard Rail Flush Mount Kit $300 $600 $0.15

SubTotal for Equipment $14,063 $3.55

Sales Tax (estimated 6%) $843.78 $0.21

SubTotal for Equipment $14,907 $3.76

35 Combined labor plus margin $140 $4,900 $1.24

SubTotal $19,807 $5.00

2010 Germany

Panels € 2.020

Inverter € 0.330

Racking € 0.156

Cabling € 0.038

Mechanical installation labor € 0.195

Electrical installation labor € 0.068

Surge Protector € 0.012

BOS € 0.799

All In € 2.819

2011 Project Breakdown

Modules $ 1.50 € 1.15

Inverter $ 0.35 € 0.27

Wiring/Cable $ 0.20 € 0.15

Mounting/Racking $ 0.15 € 0.12

Permitting/Legal $ 0.20 € 0.15

Other Paperwork $ 0.30 € 0.23

Developer's Margin $ 0.30 € 0.23

Total $ 3.00 € 2.31

Residential Breakdown 2011

Hardware $ 3.02

Installation Labor $ 0.57

Permitting, Inspection & Interconnection $ 0.13

Permitting fee $ 0.06

Customer Acquisition $ 0.70

Labor Profit $ 0.32

Hardware Profit $ 0.95

Sales Tax $ 0.32

Page 1048: Economics of Photoelectricity - November 13 2012

Financing costs $ 0.13

Overhead $ 0.19

Total Soft Costs $ 2.79

Total Costs $ 5.81

Residential Breakdown

2010

Modules 38% $ 2.17

Inverter 7% $ 0.40

Installation Materials 8% $ 0.46

Electrical Labor 5% $ 0.29

Hardware Labor 6% $ 0.34

Installer Overhead 6% $ 0.34

Installer Profit 5% $ 0.29

Permitting and Commissioning 3% $ 0.17

Supply chain costs 17% $ 0.97

Sales Tax 5% $ 0.29

Hardware Costs $ 3.03

Soft Costs $ 2.68

Labor Costs $ 1.26

Total Costs $ 5.71

Page 1049: Economics of Photoelectricity - November 13 2012

Source

S2908

S2908

S2908

S2908

S2908

S2908

S2908

S2908

S2908

S2908

S2908

S2908

S2908

S2908

W106

W106

W106

W106

W106

W106

W106

W106

2012

$ 1.73

$ 0.57

$ 0.13

$ 0.06

$ 0.70

$ 0.32

$ 0.76

$ 0.25

Page 1050: Economics of Photoelectricity - November 13 2012

$ 0.13

$ 0.19

$ 2.54

$ 4.27

Page 1051: Economics of Photoelectricity - November 13 2012

Wafer Size, Thickness & Kerf loss

Source diameter Source millimeters Source microns

1950 1.27 S629

1951

1952

1953

1954

1955

1956 2.54 S629

1957

1958

1959

1960

1961

1962 3.81 S629

1963

1964

1965

1966

1967 5.08 S629

1968

1969

1970

1971

1972 6.35 S629

1973 7.62 S629

1974

1975 45 S115

1976

1977

1978 500

1979

1980 10 S629

1981

1982

1983

1984 1.25 S629

1985

1986

1987

1988 150 S629

1989

1990 100 S1001 400

1991

1992 200 S629

1993

1994

1995 100 S574 340

1996 100 S574

1997 300 S629

1998

1999

2000 156 S574 125 S574 330

2001 180 S115 240-270

2002 200-210

2003 243 S574 325

2004 156 S574 300

Q1 2005

Q2 2005

Q3 2005 240-280

Q4 2005 240

2005 240 S1001 156 S574 270

Q1 2006

Q2 2006

Q3 2006 240

cm2

Page 1052: Economics of Photoelectricity - November 13 2012

Q4 2006 200

2006 243 S574 156 S574 240

Q1 2007

Q2 2007

Q3 2007

Q4 2007 200

2007 243-441 S574 156-210 S574 210

Q1 2008

Q2 2008 180

Q3 2008

Q4 2008

2008 180

Q1 2009

Q2 2009

Q3 2009

Q4 2009

2009 180

Q1 2010

Q2 2010

Q3 2010

Q4 2010

2010

Q1 2011

Q2 2011

Q3 2011

Q4 2011

2011

Q1 2012

Q2 2012

Q3 2012

Q4 2012

2012

2013

H77
ReneSola - multicrystalline
H82
Q1 - LDK
Page 1053: Economics of Photoelectricity - November 13 2012

Source microns* Source microns*** Source kerf loss Source

S862

S1001

S574

S574 210 S574

160-180 S666

S285 300 S863 280 S285

S785 330 S574 250 to 300 S807 200 S574

S813

S813

S574 240-270 S294 240 S285 180 S574

S814

Page 1054: Economics of Photoelectricity - November 13 2012

S814

S574 200-210 S294 190 S807 170 S574

S782

S574 146 S574

S782

S781 200 S781 146 S574

S773

122 S574

J77
ReneSola - moncrystalline
Page 1055: Economics of Photoelectricity - November 13 2012

grams/watt Source grams/watt* Source grams/watt** Source grams/watt** Source

21.5 S2264

20.8 S2264

19.4 S2264

18.6 S2264

18.6 S2264

16.5 S2264

17.6 S2264

16.3 S2264

16-20 S863, S2261

14 S2261 12 S863

11.5 S285 13 S785

12 S785 11 S785 11 S285

Page 1056: Economics of Photoelectricity - November 13 2012

8.50 S1834, Trina

6.7 S782, ReneSola 7.50 S131

6.5 S782, ReneSola

6.5 S2324 7.00 S1856, CSIQ

6.3 S782, ReneSola 7.50 S1787, Trina 6.70 S1856, CSIQ 7.13 S1787, Yingli

6.24 S782, ReneSola 7.20 S1787, Trina 6.70 S1856, CSIQ 6.68 S1787, Yingli

6.1 S782, ReneSola 6.60 S1851, Trina 6.50 S1856, CSIQ 6.54 S1787, Yingli

6.05 S772, ReneSola 6.30 S789, Trina 6.50 S1856, CSIQ 6.52 S1787, Yingli

6.3 S2324 6.90 S1844, GCL 6.80 S1778, Yingli

6 S772, ReneSola 6.20 S1857, Trina 6.50 S1856, CSIQ 6.30 S1778, Yingli

6.10 S1857, Trina 6.50 S1856, CSIQ 5.90 S1778, Yingli

6.00 S1857, Trina 6.50 S1856, CSIQ 5.90 S1678, Yingli

6.00 S1857, Trina 6.50 S1856, CSIQ 5.80 S1412, Yingli

6.2 S2324 6.90 S1844, GCL 6.50 S1856, CSIQ 5.90 S1678, Yingli

6.70 S1678, Suntech 6.20 S1678, Jinko 6.80 S1844, GCL 5.9 S2324, Yingli

6.60 S1678, Suntech 6.10 S1678, Jinko 6.70 S1844, GCL

6.50 S1678, Suntech 6.00 S1678, Jinko 6.30 S1844, GCL

6.50 S1678, Suntech 5.90 S1678, Jinko

6 S2324 6 S2888

6 S2324, LDK 6 S2324, Trina 6 S2324, ReneS 5.8 S2324, Yingli

<5.8 S1779, Yingli

5.5 A2919, SunPower

5.1 A2919, SunPower

6 S2888

5.1 A2919, SunPower

5.1 A2919, SunPower

4.8 A2919, SunPower

5.5 E2888

5.2 E2888

Page 1057: Economics of Photoelectricity - November 13 2012

Source Source Source Source

2008 3.7 S1765 15.6 S1765

2009 3.8 S1765 16.0 S1765

2010 3.8 S1765 16.0 S1765

2011 - LDK 4.1 S1765 16.9 S1765

2011 - GCL 4.1 S1614 17.0 S1614 4.3 Formula 18.0 S1614

Watt/Piece - Multi

Efficiency - Multi

Watt/Piece - Mono

Efficiency - Monti

Page 1058: Economics of Photoelectricity - November 13 2012

Manufacturer Location Size (MW) Cost

Panasonic Kedah, Malaysia 300 $ 282,298,102 $ 0.94

Solar Frontier Kunitomi, Japan 900 $ 1,200,000,000 $ 1.33

GE Aurora, Colorado 400 $ 600,000,000 $ 1.50

First Solar Dong Nam, Vietnam 300 $ 250,000,000 $ 0.83

Yingli Baoding, China 600 $ 500,000,000 $ 0.83

Canadian Solar Suzhou, China 600 $ 77,000,000 $ 0.13

Masdar PV Ichtershausen, Germany 65 $ 230,000,000 $ 3.54

Sunshine PV Taiwan 40 $ 67,800,000 $ 1.70

Construction Cost/Watt

Page 1059: Economics of Photoelectricity - November 13 2012

Year built Technology Module Efficiency Employees Source

2012E HIT 1500 S2089

2011 CIGS 700 - 800 S2091, S2090, S2092

Planning CdTe 355 S2096

On Hold CdTe 12.2 600 S2097

2011 Crystal 15.3 - 16.2 S1807, S2097

Ongoing Crystal 15.3 - 16.2 S2131

October, 2009 A-Si S2137

ongoing CIGS 8% S2144, S2145

Page 1060: Economics of Photoelectricity - November 13 2012

Notes

22.5 billion JPY, Integrated Plant, Hi Efficiency Product

Very rough price estimate - SEE S1807, Hi Efficiency Product, Exapansion of existing facility.

Wafer plant, Hi Efficiency Product

SunFab

Manufacturing equipment supplied by Centrotherm

Page 1061: Economics of Photoelectricity - November 13 2012

x-Si Unit Currency Source

Crucible each $1,000

Poly $/kg $9.60

Wafer (wire saw) $/Watt $0.25

Wafer (wire & slurry) $/Watt $0.25

Cell capex $/Watt $0.35

Silver pastes $/kg $570

Module (laminator) $/Watt $0.15

Depreciation

Polysilicon Euro/kg 24 to 33 45%

Ingot/Wafer Euro/Wafer .73 to .90 30%

Ingot/Wafer Euro/Watt .1825 to .225 14%

Cell Euro/Watt .18 to .27 37%

Module Euro/Watt .30 to 40 8%

Centrotherm 347 MW Integrated facility Euro/Watt $2 S1802, S1804

Oerlikon ThinFab 75 MW line $2.60 S1800

Oerlikon Solar 2nd generation ThinFabTM USD/Watt 1 S1803

Yingli (integrated) USD/Watt 1.5 S1680

SolarWorld (integrated) USD/Watt 2.4 S1680

Chinese c-Si cell line USD/Watt .20 to 25 S1805

LDK 1 GW Wafer expansion (2011) USD/Watt 0.3 S1806

LDK 680 MW cell expansion (2011) USD/Watt 0.3 S1806

Yingli 600 MW expansion (2011) USD/Watt 0.83 S1807

Yingli Integrated Panda lines (Dec - 2010) USD/Watt 1.1 S1808

Yingli (Integrated) - December 2010 .85 to 1 S1808

Suntech (1100 Wafers/600 Cell) MM USD 400 ???

??? USD/Watt 0.16 S1837

Chinese module fab USD/Watt 0.35 S1837

US cell fab USD/Watt 0.19 S1837

US module fab USD/Watt 0.49 S1837

Wacker Nünchritz Polysilicon Plant Euro/kg 60 S2269

Woongjin Holdings Co Ltd USD/kg $64 S2888

OCI USD/kg $71 S2888

Renesola USD/kg $35 S2888

Tokuyama USD/kg $90 S2888

Wacker Tennessee USD/kg $100 S2888

GCL USD/kg $37 S2888

Tongwei Group USD/kg $35 S2888

LG USD/kg $91 S2888

Hankook USD/kg $86 S2888

Hanwha USD/kg $96 S2888

Qatar Solar USD/kg $125 S2888

Source

Polysilicon Euro/kg 24 to 33 S1801

Ingot/Wafer Euro/Wafer .73 to .90 S1801

Ingot/Wafer Euro/Watt .1825 to .225 S1801

Cell Euro/Watt .18 to .27 S1801

Module Euro/Watt .30 to 40 S1801

Source

Polysilicon USD/kg 45 S2307

Ingot/Wafer USD/Wafer

Ingot/Wafer USD/Watt 0.43 S2307

Cell USD/Watt 0.31 S2307

Module USD/Watt 0.37 S2307

Silicon Wafer Production Cost

Feed-Stock Prep USD/Watt 0.04 S2307

Growth USD/Watt 0.07 S2307

Page 1062: Economics of Photoelectricity - November 13 2012

Bricking USD/Watt 0.02 S2307

Wafer Slicing USD/Watt 0.21 S2307

Slurry Operations USD/Watt 0.06 S2307

Cleaning USD/Watt 0.02 S2307

Test and Sort USD/Watt 0.01 S2307

Page 1063: Economics of Photoelectricity - November 13 2012

Note

Labor Materials Electricity Other Source

2% 17% 26% 10% S1801

20% 60% 2% 4% S1801

3% 52% 3% 5% S1801

2% 89% 0% 1% S1801

S1802, S1804

900 million Euro, 15,000 MT plant

768 million USD, 12000 MT plant

1700 million USD, 24000 MT plant

175 million USD, 5000 MT plant

1240 million USD, 13800 MT plant

1500 million USD, 15000 MT plant

1614 million USD, 44000 MT plant

1600 million USD, 46000 MT plant

455 million USD, 5000 MT plant

858 million USD, 10000 MT plant

955 million USD, 10000 MT plant

1000 million USD, 8000 MT plant

Note

01/11/2010, Centrotherm

01/11/2010, Centrotherm

01/11/2010, Centrotherm

01/11/2010, Centrotherm

01/11/2010, Centrotherm

Note

01/02/2011, GT Solar

01/02/2011, GT Solar

01/02/2011, GT Solar

01/02/2011, GT Solar

01/02/2011, GT Solar

01/02/2011, GT Solar

Page 1064: Economics of Photoelectricity - November 13 2012

01/02/2011, GT Solar

01/02/2011, GT Solar

01/02/2011, GT Solar

01/02/2011, GT Solar

01/02/2011, GT Solar

Page 1065: Economics of Photoelectricity - November 13 2012

Version 17 - 2001 Version 18

Mono (small area) 22.7 +/-.6 - UNSW - 9/96

Mono Not Tracked

Multi 15.3 +/-.4 - Sandia/HEM- 10/94

A-Si Not Tracked

GaAs (crystalline) Not Tracked

CIGS Not Tracked

CIGSS 12.1 +/-.6 - Siemens Solar - 3/99

CIS

CdTe 10.7 +/- .5 - BP Solarex - 4/00

A-Si/a-SiGe/a-SiGe 10.4 +/- .5 - USSC - 10/98

Page 1066: Economics of Photoelectricity - November 13 2012

Version 19 Version 20 Version 21

Page 1067: Economics of Photoelectricity - November 13 2012

Version 22 - 2003 Version 23 - 2004 Version 24 - 2004

22.7 +/-.6 - UNSW - 9/96 22.7 +/-.6 - UNSW - 9/96 22.7 +/-.6 - UNSW - 9/96

Not Tracked Not Tracked Not Tracked

15.3 +/-.4 - Sandia/HEM- 10/94 15.3 +/-.4 - Sandia/HEM- 10/94 15.3 +/-.4 - Sandia/HEM- 10/94

8.2 +/-.2 - Pacific Solar - 7/02 8.2 +/-.2 - Pacific Solar - 7/02 8.2 +/-.2 - Pacific Solar - 7/02

Not Tracked Not Tracked Not Tracked

Not Tracked Not Tracked Not Tracked

13.4 +/-.7 - Showa Shell - 8/02 13.4 +/-.7 - Showa Shell - 8/02 13.4 +/-.7 - Showa Shell - 8/02

10.7 +/- .5 - BP Solarex - 4/00 10.7 +/- .5 - BP Solarex - 4/00 10.7 +/- .5 - BP Solarex - 4/00

10.4 +/- .5 - USSC - 10/98 10.4 +/- .5 - USSC - 10/98 10.4 +/- .5 - USSC - 10/98

Page 1068: Economics of Photoelectricity - November 13 2012

Version 25 - 2005 Version 26 - 2005 Version 27 - 2006

22.7 +/-.6 - UNSW - 9/96 22.7 +/-.6 - UNSW - 9/96 22.7 +/-.6 - UNSW - 9/96

Not Tracked Not Tracked Not Tracked

15.3 +/-.4 - Sandia/HEM- 10/94 15.3 +/-.4 - Sandia/HEM- 10/94 15.3 +/-.4 - Sandia/HEM- 10/94

8.2 +/-.2 - Pacific Solar - 7/02 8.2 +/-.2 - Pacific Solar - 7/02 8.2 +/-.2 - Pacific Solar - 7/02

Not Tracked Not Tracked Not Tracked

Not Tracked Not Tracked Not Tracked

13.4 +/-.7 - Showa Shell - 8/02 13.4 +/-.7 - Showa Shell - 8/02 13.4 +/-.7 - Showa Shell - 8/02

10.7 +/- .5 - BP Solarex - 4/00 10.7 +/- .5 - BP Solarex - 4/00 10.7 +/- .5 - BP Solarex - 4/00

10.4 +/- .5 - USSC - 10/98 10.4 +/- .5 - USSC - 10/98 10.4 +/- .5 - USSC - 10/98

S2556

Page 1069: Economics of Photoelectricity - November 13 2012

Version 28 - 2006 Version 29 - 2006 Version 30 - 2007

22.7 +/-.6 - UNSW - 9/96 22.7 +/-.6 - UNSW - 9/96 22.7 +/-.6 - UNSW - 9/96

Not Tracked Not Tracked 19.7 +/-.7 - Sunpower - 5/07

15.3 +/-.4 - Sandia/HEM- 10/94 15.3 +/-.4 - Sandia/HEM- 10/94 15.3 +/-.4 - Sandia/HEM- 10/94

8.2 +/-.2 - Pacific Solar - 7/02 8.2 +/-.2 - Pacific Solar - 7/02 8.2 +/-.2 - Pacific Solar - 7/02

Not Tracked Not Tracked Not Tracked

Not Tracked Not Tracked Not Tracked

13.4 +/-.7 - Showa Shell - 8/02 13.4 +/-.7 - Showa Shell - 8/02 13.4 +/-.7 - Showa Shell - 8/02

10.7 +/- .5 - BP Solarex - 4/00 10.7 +/- .5 - BP Solarex - 4/00 10.7 +/- .5 - BP Solarex - 4/00

10.4 +/- .5 - USSC - 10/98 10.4 +/- .5 - USSC - 10/98 10.4 +/- .5 - USSC - 10/98

Page 1070: Economics of Photoelectricity - November 13 2012

Version 31 - 2007 Version 32 - 2008 Version 33 - 2008**

22.7 +/-.6 - UNSW - 9/96 22.7 +/-.6 - UNSW - 9/96 22.9 +/-.6 - UNSW - 9/96

20.1 +/-.6 - Sunpower - 8/07 20.1 +/-.6 - Sunpower - 8/07 20.3 +/-.6 - Sunpower - 8/07

15.3 +/-.4 - Sandia/HEM- 10/94 15.3 +/-.4 - Sandia/HEM- 10/94 15.5 +/-.4 - Sandia/HEM- 10/94

8.2 +/-.2 - Pacific Solar - 7/02 8.2 +/-.2 - Pacific Solar - 7/02 8.2 +/-.2 - Pacific Solar - 7/02

Not Tracked Not Tracked Not Tracked

Not Tracked Not Tracked Not Tracked

13.4 +/-.7 - Showa Shell - 8/02 13.4 +/-.7 - Showa Shell - 8/02 13.5 +/-.7 - Showa Shell - 8/02

10.7 +/- .5 - BP Solarex - 4/00 10.7 +/- .5 - BP Solarex - 4/00 10.9 +/- .5 - BP Solarex - 4/00

10.4 +/- .5 - USSC - 10/98 10.4 +/- .5 - USSC - 10/98 10.4 +/- .5 - USSC - 10/98

S2258 S2553

Page 1071: Economics of Photoelectricity - November 13 2012

Version 34 - 2009 Version 35 - 2010

22.9 +/-.6 - UNSW - 9/96 22.9 +/-.6 - UNSW - 9/96

20.3 +/-.6 - Sunpower - 8/07 21.4 +/-.6 - Sunpower - 10/09

15.5 +/-.4 - Sandia/HEM- 10/94 15.6 - Suntech - 8/09 17.0 +/-.2 - ECN/REC - 11/09

8.2 +/-.2 - Pacific Solar - 7/02 8.2 +/-.2 - Pacific Solar - 7/02

Not Tracked Not Tracked

Not Tracked Not Tracked

13.5 +/-.7 - Showa Shell - 8/02 13.5 +/-.7 - Showa Shell - 8/02

10.9 +/- .5 - BP Solarex - 4/00 10.9 +/- .5 - BP Solarex - 4/00

10.4 +/- .5 - USSC - 10/98 10.4 +/- .5 - USSC - 10/98

Page 1072: Economics of Photoelectricity - November 13 2012

Version 36 - 2010 Version 37 - 2010 Version 38 - 2011

22.9 +/-.6 - UNSW - 9/96 22.9 +/-.6 - UNSW - 9/96 22.9 +/-.6 - UNSW - 9/96

21.4 +/-.6 - Sunpower - 10/09 21.4 +/-.6 - Sunpower - 10/09 21.4 +/-.6 - Sunpower - 10/09

17.3 +/-.5 - Kyocera - x/10 17.55 +/-.5 - Schott Solar - 08/10 17.8 +/-.4 - Q-Cells - 2/11

8.2 +/-.2 - Pacific Solar - 7/02 8.2 +/-.2 - Pacific Solar - 7/02 8.2 +/-.2 - Pacific Solar - 7/02

Not Tracked Not Tracked 21.1 +/-.6 - Alta Devices - 4/11

13.8 +/-.5 - Miasole - 4/10 15.7 +/-.5 - Miasole - 11/10 15.7 +/-.5 - Miasole - 11/10

13.5 +/-.7 - Showa Shell - 8/02 13.5 +/-.7 - Showa Shell - 8/02 13.5 +/-.7 - Showa Shell - 8/02

10.9 +/- .5 - BP Solarex - 4/00 10.9 +/- .5 - BP Solarex - 4/00 12.8 +/-.4 - PrimeStar - 1/11

10.4 +/- .5 - USSC - 10/98 10.4 +/- .5 - USSC - 10/98 10.4 +/- .5 - USSC - 10/98

S2554 S2555

Page 1073: Economics of Photoelectricity - November 13 2012

18.1 - Q-Cells - 7/11 18.2 - Schott - 9/11

17.4 - Solibro - 11/11 S2095

17.2 - Solar Frontier - 3/11 S2094

Page 1074: Economics of Photoelectricity - November 13 2012

18.5 - Q-cells - 1/12

17.8 - Solar Frontier - 2/12 S2094

Page 1075: Economics of Photoelectricity - November 13 2012

Source Source Source Note

1968 0.00 P658

1969

1970 0.00 P658

1971

1972 0.00 P658

1973 $ 51.27 P658 $ 51,274.00 P658

1974 0.03 P658

1975

1976 $ 9.46 P658 $ 9,464.75 P658

1977

1978

1979 $ 6.39 P658 $ 6,389.41 P658

1980 0.05 P658

1981 $ 3.69 P658 $ 3,685.98 P658

1982

1983 0.12 P658 $ 2.04 P658 $ 2,044.47 P658

1984

1985

1986

1987 0.39 P658 $ 0.63 P658 $ 628.98 P658

1988

1989 0.80 P658 $ 0.31 P658 $ 310.08 P658

1990

1991

1992 1.05 P658

1993

1994 $ 0.26 P658 $ 264.98 P658

1995 2.80 P658

1996 3.69 P658 $ 0.14 P658 $ 135.86 P658

1997 $ 0.10 P658 $ 99.22 P658

1998 10.65 P658

1999 18.46 P658 $ 0.10 P658 $ 95.39 P658

2000 $ 0.07 P658 $ 72.46 P658

2001 53.33 P658 $ 0.06 P658 $ 61.92 P658

2002

2003 $ 0.02 P658 $ 21.43 P658

2004

2005

2006

2007

2008

2009

2010 $ 18.00 S2504 warm white

2011 $ 12.50 S2492 warm white

2012

Flux per Package (lumens)

Cost per lumen (USD)

Cost per klm (USD)

Page 1076: Economics of Photoelectricity - November 13 2012

Source Note Source Note Source

$ 13.00 S2504 cool white 96 S2504 warm white 134 S2504

$ 9.00 S2492 cool white 98 S2492 warm white 135 S2492

$ 6.00 S2495 cool white 176 S2495

Cost per klm (USD)*

Lumens per Watt

Lumens per Watt*

Page 1077: Economics of Photoelectricity - November 13 2012

Note

cool white

cool white

cool white

Page 1078: Economics of Photoelectricity - November 13 2012

Value UnitSystem Costs and RatingsPurchase Price $O&M $O&M Inflation Rate %Insurance $Annual Travel miles/kmPerformance Degredation Rate %/yrReplace Battery in Year XReplacement Battery Cost $System Life yr

Gasoline & Electricity PricesElectricity Consumption (Total) kWh/yrElectricity Consumption (Percentage) %Price of Electricity $/kWhElectricity Inflation Rate %Price of Gas $/galGasoline Inflation Rate %

Financing TermsPercentage Financed %Loan $Loan term yrInterest rate %Grace period (Interest Only) yr

OtherDiscount RateReinvestment Rate (AKA: Return on Equity)Weighted Average Cost of Capital (WACC)Individual Tax Rate (<10 years)Individual Tax Rate (>10 years)

Page 1079: Economics of Photoelectricity - November 13 2012

VRLA NiCd

$/kWh Source $/kWh Source $/kWh Source % Source

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009 600 to 1800 S1134 200 S1134 600 S1134

2010

2011 60 to 80 S1135

2012 877 S2821

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022 783 E2821

VRLA = Valve Regulated Lead Acid

Vanadium -redox flow

NiCd efficiency

Page 1080: Economics of Photoelectricity - November 13 2012

Ni-MH NaS Molten-Salt

$/kWh Source % Source $/kWh Source % Source $/kWh

800 S1134 450 S1134

65 to 75 S1135 70 to 85 S1135

530

473

Ni-MH efficiency

NaS efficiency

Page 1081: Economics of Photoelectricity - November 13 2012

Li ion Li ion* Li ion

Source $/kWh Source $/kWh Source % Source cycles (100% DoD)

3170 W127

2630 W127

2090 W127

1750 W127

1710 W127

1240 W127

950 W127

590 W127

510 W127

420 W127

350 W127

350 W127

330 W127

310 W127

280 W127

1300 S1134

1000 ????

>600 S1135 85 to 98 S1135

S2821 650 S2599 734 S2821 300 to 500

300 - 350 E2599

E2821 506 E2821

Li ion efficiency

Page 1082: Economics of Photoelectricity - November 13 2012

Li ion Li ion Li ion

Source cycles (50% DoD) Source cycles (25% DoD) Source cycles (10% DoD)

S2572, N165 1200 to 1500 S2572, N165 2000 to 2500 S2572, N165 3750 to 4700

Page 1083: Economics of Photoelectricity - November 13 2012

Leaf Volt Tesla

Source $/kWh Source $/kWh Source $/kWh Source $/kWh Source

102 S1131, Wholesale price

150 to 250 S1133

80 to 200 S1129

150 S1134

375 to 750 S1128 500 to 600 S1128 680 S1128

S2572, N165 150 S1132

Lead Acid Solar Battery

Page 1084: Economics of Photoelectricity - November 13 2012

Lead Acid

% Source cycles (80% DoD) Source

S1131, Wholesale price

75 to 90 S1135 1500 S1135

Lead Acid Cycle Efficiency

Page 1085: Economics of Photoelectricity - November 13 2012

Electricity Electricity* Source Natural Gas% TWh/year

199019911992199319941995 45% S2518 20%19961997199819992000200120022003200420052006200720082009 2.8 S795201020112012

Page 1086: Economics of Photoelectricity - November 13 2012

Oil (or coal) District Heating

S2518 30% S2518 5% S2518

Page 1087: Economics of Photoelectricity - November 13 2012

2003 1043 1274 0.0284 0.03472006 2063 2331 0.0460 0.05202007 1300 to 1800 1498 to 2074 0.0299 0.03452008 2500 2677 0.0540 to 0.0600 0.0578 to 0.06422012 3700 3874 0.0700 to 0.0900 0.0732 to 0.09422012 5400 5400 0.1100 to 0.1660 0.1100 to 0.1660

Construction Costs (€/kW)

Construction Costs* (€/kW)

Production Costs (€/kWh)

Production Costs* (€/kWh)

Page 1088: Economics of Photoelectricity - November 13 2012

DGEMPEDFAREVAEDFCour des ComptesEDF

Page 1089: Economics of Photoelectricity - November 13 2012

146.4

Page 1090: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

May-08-2009 May-15-2009 May-22-2009 May-29-2009 Jun-05-2009

Cell price history

c-Si module (German Wholesale)

Spot Market for European and US Modules 2.53 2.58 2.5 2.54 2.41

Spot Market for Japanese Modules 2.46 2.45 2.32 2.36 2.43

Spot Market for Asian Modules 2.17 2.13 2.05 2.03 1.92

Multi c-Si Spot Market, Euro/Watt 2.2 2.27 2.1 2.12 1.99

Mono c-Si Spot Market, Euro/Watt 2.5 2.54 2.48 2.48 2.29

a-Si Spot Market, Euro/Watt 2.08 2.07 2.01 1.99 1.9

CdTe Spot Market, Euro/Watt 1.9 1.87 1.85 1.85 1.85

c-Si module (Factory Gate, USD/Watt) 2.73 2.7 2.45 2.35 2.37

Source S2552 S2552 S2552 S2552 S2552

Page 1091: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price

Jun-12-2009 Jun-19-2009 Jun-26-2009 Jul-03-2009 Jul-10-2009 Jul-17-2009 Jul-24-2009

2.28 2.25 2.42 2.33 2.32 2.18 2.39

2.22 2.19 2.33 2.19 2.24 2.08 2.32

2.07 1.89 1.89 1.85 1.85 1.83 1.82

2.14 1.98 1.98 1.91 1.97 1.86 1.91

2.25 2.19 2.23 2.09 2.21 2.04 2.24

1.8 1.74 1.73 1.68 1.62 1.61 1.7

1.68 1.7 1.7 1.68 1.64 1.58 1.56

2.24 2.49 2.09 2.31 2.25 2.18 2.1

S2552 S2552 S2552 S2552 S2552 S2552 S2552

Page 1092: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price

Jul-31-2009 Aug-07-2009 Aug-14-2009 Aug-21-2009 Aug-28-2009 Sep-04-2009 Sep-11-2009

2.1 2.07 2.09 2.29 2.12 2.05 2.15

2.19 2 1.98 2.17 2.06 1.96 2

1.82 1.75 1.7 1.74 1.72 1.67 1.69

1.93 1.87 1.83 1.75 1.82 1.7 1.8

1.98 1.98 1.9 2.07 1.93 1.85 1.96

1.54 1.58 1.59 1.45 1.51 1.56 1.56

1.58 1.56 1.54 1.54 1.49 1.51 1.54

2.21 2.15 2.31 2.21 2.21 2.21 2.09

S2552 S2552 S2552 S2552 S2552 S2552 S2552

Page 1093: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price

Sep-18-2009 Sep-25-2009 Oct-02-2009 Oct-09-2009 Oct-16-2009 Oct-23-2009 Oct-30-2009

2.17 2 1.98 1.77 1.94 2.15 1.97

2.04 2.11 1.89 2.11 2.02 1.93 1.89

1.67 1.73 1.68 1.72 1.69 1.78 1.66

1.8 1.85 1.7 1.78 1.83 1.93 1.75

1.95 1.92 1.81 1.79 1.97 2.09 1.94

1.54 1.53 1.54 1.51 1.51 1.61 1.55

1.53 1.6 1.54 1.67 1.68 1.69 1.69

2.03 2.12 2.19 2.41 2.29 2.11 1.99

S2552 S2552 S2552 S2552 S2552 S2552 S2552

Page 1094: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price

Nov-06-2009 Nov-13-2009 Nov-20-2009 Nov-27-2009 Dec-04-2009 Dec-11-2009 Dec-18-2009

Page 1095: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price

Dec-25-2009 Jan-01-2009 Jan-08-2009 Jan-15-2009 Jan-22-2009 Jan-29-2009 Feb-05-2009

Page 1096: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price

Feb-12-2009 Feb-19-2009 Feb-26-2009 Mar-05-2009 Mar-12-2009 Mar-19-2009 Mar-26-2009

Page 1097: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price

Apr-02-2009 Apr-09-2009 Apr-16-2010 Apr-23-2010 Apr-30-2010 May-07-2010 May-14-2010

1.33 1.34 1.35 1.37 1.33

2.27

1.94 1.91 1.93 1.79 1.92

S2497 S2497 S2497, S2498 S2497, S2498 S2497, S2499

Page 1098: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price

May-21-2010 May-28-2010 Jun-04-2010 Jun-11-2010 Jun-18-2010 Jun-25-2010 Jul-02-2010

1.35 1.34 1.36 1.36 1.35 1.36 1.37

2.11 2.15 2.14 2.11 2.29 2.13 2.14

1.78 2 1.91 1.82 1.83 1.82 1.86

S2497, S2499 S2497, S2499 S2497, S2499 S2497, S2499 S2497, S2499 S2497, S2499 S2497, S2499

Page 1099: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price

Jul-09-2010 Jul-16-2010 Jul-23-2010 Jul-30-2010 Aug-06-2010 Aug-13-2010 Aug-20-2010

1.4 1.39 1.42 1.41 1.43 1.38 1.39

2.28 2.29 2.28 2.32 2.1 2.05 2.07

1.97 1.88 1.87 1.87

S2497, S2499 S2497, S2499 S2497, S2499 S2496, S2499 S2499 S2499 S2499

Page 1100: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Sep-01-2010 Sep-08-2010 Sep-15-2010 Sep-22-2010 Sep-29-2010

Page 1101: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price

Oct-06-2010 Oct-13-2010 Oct-20-2010 Oct-27-2010 Nov-03-2010

Page 1102: Economics of Photoelectricity - November 13 2012

Unit Ave Price Ave Price Ave Price Ave Price

Spot Prices Date Aug 29-2 Sep 5-9 Sep 12-16 Sep 19-23

Polysilicon USD/kg 50 49.75 49.5 46.5

125 Mono Wafer USD/pcs 1.32 1.28 1.22 1.19

156 Mono Wafer USD/pcs 2.46 2.43 2.41 2.38

156 Mono Wafer USD/Watt 0.64 0.63 0.63 0.62

156 Multi Wafer USD/pcs 1.93 1.91 1.86 1.8

125 Mono Cell USD/Watt 0.69 0.67 0.65 0.62

156 Mono Cell USD/Watt 0.8 0.8 0.78 0.76

156 Multi Cell USD/Watt 0.72 0.72 0.71 0.68

Module EUR/Watt 0.8 0.79 0.79 0.79

Module USD/Watt 1.13 1.08 1.09 1.07

Source P631 P631 P631 P631

Silver USD/Ounce 41.4 42.3 39.8 39.6

Silver* USD/Watt 0.15 0.15 0.14 0.14

Source for Silver Price S2383 S2384 S2385 S2386

Copper USD/t 9145 9113 8705 8293

Copper USD/Ounce 0.26 0.26 0.25 0.24

Source for Copper Prices S2383 S2384 S2385 S2386

Exchange Rate USD/Euro 1.42 1.37 1.37 1.35

Exchange Rate USD/GBP 1.61 1.59 1.57 1.55

Exchange Rate Yen/USD 76.93221 77.28 76.66 76.46

Exchange Rate CNY/USD 6.36947 6.38 6.36 6.39

Note: Pick July

A6
Efficiency * Wafer Area/1000 = Watts/Wafer, Assumes 3.85 Watts/Wafer (15.8201841% efficiency - S1733
A16
Solar firms' use of silver, estimated at just under 0.1 gram per watt of power in 2011, could drop by as much as 25 percent next year, and reach about half in 2014, Heraeus' London said. S1529 lists 2011 silver usage at .25 grams/watt. S1744 lists silver usage at .12 grams/watt.
A21
W104
A22
W104
A23
W104
A24
W104
Page 1103: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price

Sep 26-30 Oct 3-7 Oct 10-14 Oct 17-21 Oct 24-28 Oct 31-4 Nov 7-11 Nov 14-18 Nov 21-25

42.75 39 36 32.5 31 29 28 28 26

1.54 1.1 1.07 1.07 1 1 0.95 0.97 0.98

2.29 2.16 2.05 1.95 1.85 1.76 1.65 1.65 1.6

0.59 0.56 0.53 0.51 0.48 0.46 0.43 0.43 0.42

1.73 1.66 1.6 1.6 1.42 1.26 1.16 1.16 1.16

0.58 0.58 0.56 0.54 0.53 0.54 0.54 0.55 0.54

0.74 0.72 0.7 0.67 0.65 0.65 0.63 0.63 0.61

0.66 0.64 0.61 0.57 0.56 0.53 0.51 0.51 0.49

0.78 0.77 0.77 0.76 0.73 0.7 0.69 0.68 0.67

1.04 1.04 1.06 1.06 1.02 0.96 0.94 0.92 0.89

P631 P631 S1706 S1707 S1708 S1709 S1710 S1711 S1712

30.6 31.9 32 31 35 34 34 32 31.5

0.11 0.11 0.11 0.11 0.12 0.12 0.12 0.11 0.11

S2387 S2388 S1719 S1719 S1719 S1719 S1719 S1719 S1719

7230 7222 7306 6737 8152 7918 7475 7541 7265

0.20 0.20 0.21 0.19 0.23 0.22 0.21 0.21 0.21

S2387 S2388 S1722 S1722 S1721 S1723 S1720 S1721 S1721

1.34 1.35 1.38 1.39 1.40 1.37 1.36 1.35 1.33

1.55 1.56 1.58 1.59 1.61 1.60 1.60 1.58 1.55

76.84 76.74 76.97 76.16 77.08 77.98 77.1 76.95 77.71

6.38 6.35 6.37 6.36 6.34 6.33 6.34 6.35 6.36

Page 1104: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price Chinese

Nov 28-2 Dec 5-9 Dec 12-16 Dec 19-23 Dec 26-30 Jan 1 - 6 Jan 9 - 13 Jan 16 - 20 New Year

26 24 24 25.5 27 27.5 28 29 29.25

0.98 0.97 0.96 0.96 0.94 0.95 0.95 0.95 0.97

1.57 1.56 1.52 1.52 1.5 1.5 1.51 1.51 1.53

0.41 0.41 0.39 0.39 0.39 0.39 0.39 0.39 0.40

1.14 1.13 1.1 1.12 1.12 1.15 1.15 1.15 1.16

0.53 0.53 0.52 0.52 0.53 0.53 0.53 0.53 0.53

0.6 0.6 0.6 0.6 0.56 0.56 0.56 0.56 0.57

0.48 0.48 0.48 0.48 0.48 0.49 0.48 0.48 0.48

0.66 0.65 0.65 0.65 0.64 0.64 0.64 0.65 0.66

0.88 0.86 0.85 0.85 0.84 0.83 0.82 0.84 0.85

S1713 S1714 S1715 S1716 S1717 S1731 S1736 S1882 Estimates

33.5 32 30 29.25 26 29.3 30.2 30.6 32.5

0.12 0.11 0.11 0.10 0.09 0.10 0.11 0.11 0.11

S1719 S1719 S1719 S1719 S1719 S1741 S1741 S1883 Estimates

7788 7707 7208 XXX 7425 7539 8006 8367 8356

0.22 0.22 0.20 XXX 0.21 0.21 0.23 0.24 0.24

S1720 S1720 S1724 XXX S1740 S1741 S1741 S1883 Estimates

1.34 1.32 1.30 1.30 1.31 1.30 1.27 1.29 1.30

1.56 1.56 1.55 1.56 1.55 1.55 1.53 1.55 1.57

77.81 77.76 77.87 77.94 76.91 76.92 76.87 77.27 76.91

6.33 6.35 6.36 6.34 6.32 6.31 6.30 6.29 6.29

Page 1105: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price

Jan 30-03 Feb 6 - 10 Feb 13-17 Feb 20-24 Feb 27-02 Mar 05-09 Mar 12-16 Mar 19-23 Mar 26-30

29.5 29.5 29.5 29.5 29.5 27 26 25.5 24.7

0.99 1.02 1.02 1.02 1.02 1 0.96 0.96 0.95

1.55 1.6 1.6 1.6 1.6 1.57 1.5 1.5 1.49

0.40 0.42 0.42 0.42 0.42 0.41 0.39 0.39 0.39

1.17 1.21 1.21 1.21 1.21 1.19 1.15 1.15 1.14

0.53 0.54 0.56 0.56 0.56 0.55 0.54 0.54 0.54

0.57 0.58 0.59 0.6 0.6 0.59 0.57 0.57 0.56

0.48 0.49 0.5 0.5 0.5 0.49 0.49 0.48 0.48

0.66 0.65 0.65 0.65 0.65 0.64 0.62 0.61 0.61

0.87 0.86 0.85 0.87 0.86 0.84 0.81 0.81 0.81

S1882 S1912 S1969 S2026 S2060 S2099 S2141 S2170 S2181

34.3 33.9 33.5 35.4 35.4 33.9 32.5 31.5 32.2

0.12 0.12 0.12 0.12 0.12 0.12 0.11 0.11 0.11

S1884 S1913 S1970 S2031 S2059 S2142 S2142 S2171 S2176

8344 8759 8300 8392 8631 8332 8571 8292 8353

0.24 0.25 0.24 0.24 0.24 0.24 0.24 0.24 0.24

S1884 S1913 S1970 S2031 S2059 S2142 S2142 S2171 S2176

1.32 1.33 1.31 1.33 1.33 1.31 1.31 1.32 1.33

1.58 1.58 1.58 1.57 1.59 1.57 1.57 1.58 1.60

76.55 77.44 78.89 80.31 81.44 82.33 83.66 82.63 82.53

6.28 6.29 6.29 6.29 6.29 6.31 6.33 6.31 6.30

Page 1106: Economics of Photoelectricity - November 13 2012

Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price Ave Price

Apr 2-6 Apr 9-13 Apr 16-20 Apr 23-27 Apr 30-04 May 7-11 May 14-18

24.2 22.5 22.5 22.5 22.5 22.5 Discontinued

0.95 0.92 0.9 0.89 0.89 0.89 Discontinued

1.48 1.46 1.44 1.44 1.44 1.44 Discontinued

0.38 0.38 0.37 0.37 0.37 0.37 Discontinued

1.13 1.11 1.09 1.08 1.07 1.07 Discontinued

0.53 0.52 0.51 0.51 0.51 0.51 Discontinued

0.55 0.54 0.53 0.53 0.53 0.53 Discontinued

0.47 0.47 0.46 0.46 0.46 0.46 Discontinued

0.6 0.6 0.59 0.59 0.59 0.59 Discontinued

0.79 0.79 0.77 0.78 0.76 0.75 Discontinued

S2181 S2184 S2234 S2260 S2280 S2279 Discontinued

31.3 32.3 31.7 31 29 27.7

0.11 0.11 0.11 0.11 0.10 0.10

S2183 S2186 S2240 S2279 S2282 S2382

8352 8225 8053 8330 8121 7774

0.24 0.23 0.23 0.24 0.23 0.22

S2183 S2186 S2240 S2279 S2282 S2382

1.31 1.31 1.31 1.32 1.29 1.27

1.59 1.59 1.60 1.62 1.61 1.58

82.26 80.92 81.48 80.36 79.95 79.43

6.31 6.31 6.31 6.30 6.31 6.32

Page 1107: Economics of Photoelectricity - November 13 2012

Dec-07 Jan-08 Feb-08 Mar-08

Crystalline Europe € / Wp

Crystalline China € / Wp

Spread between Europe & China € / Wp

Crystalline Japan € / Wp

Thin film CdS/CdTe € / Wp

Thin film a-Si € / Wp

Thin film a-Si/µ-Si € / Wp

Page 1108: Economics of Photoelectricity - November 13 2012

Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08 Oct-08 Nov-08

Page 1109: Economics of Photoelectricity - November 13 2012

Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09

2.62 2.45 2.39 2.16

2.17 2.03 1.92 1.79

0.45 0.42 0.47 0.37

2.51 2.42 2.21 2.18

1.78 1.64 1.55 1.55X X X X

1.95 1.89 1.73 1.63

Page 1110: Economics of Photoelectricity - November 13 2012

Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 Apr-10 May-10

2.14 2.14 2.1 2.05 2.03 1.98 1.93 1.94 1.94

1.74 1.76 1.67 1.62 1.55 1.52 1.5 1.52 1.57

0.4 0.38 0.43 0.43 0.48 0.46 0.43 0.42 0.37

2.08 2.1 2.07 2.05 1.91 1.82 1.9 1.94 1.92

1.55 1.57 1.67 1.68 1.61 1.55 1.57 1.57 1.59X X X X X X X X X

1.6 1.61 1.46 1.46 1.38 1.36 1.36 1.35 1.38

Page 1111: Economics of Photoelectricity - November 13 2012

Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11

1.92 1.86 1.86 1.82 1.81 1.79 1.79 1.71 1.67

1.59 1.62 1.61 1.61 1.59 1.57 1.57 1.47 1.41

0.33 0.24 0.25 0.21 0.22 0.22 0.22 0.24 0.26

1.9 1.85 1.82 1.83 1.78 1.76 1.76 1.63 1.61

1.63 1.61 1.6 1.56 1.54 1.46 1.46 1.25 1.22X X X X X X X 1.08 1.08

1.32 1.31 1.25 1.28 1.26 1.28 1.28 1.26 1.23

Page 1112: Economics of Photoelectricity - November 13 2012

Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11

1.61 1.61 1.57 1.55 1.46 1.39 1.33 1.29 1.18

1.37 1.32 1.25 1.19 1.12 1.04 0.98 0.92 0.85

0.24 0.29 0.32 0.36 0.34 0.35 0.35 0.37 0.33

1.57 1.54 1.49 1.4 1.38 1.33 1.27 1.22 1.14

1.16 1.09 1.04 1.03 1.03 0.99 0.92 0.84 0.78

1.01 0.94 0.94 0.94 0.9 0.85 0.77 0.74 0.67

1.23 1.19 1.14 1.09 1 0.98 0.93 0.89 0.85

Page 1113: Economics of Photoelectricity - November 13 2012

Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12

1.12 1.07 1.03 1.02 0.99 0.96 0.93 0.91 0.88

0.81 0.79 0.77 0.74 0.71 0.69 0.66 0.64 0.61

0.31 0.28 0.26 0.28 0.28 0.27 0.27 0.27 0.27

1.1 1.05 1.02 1 0.98 0.96 0.94 0.93 0.91

0.73 0.68 0.63 0.61 0.61 0.61 0.6 0.6 0.59

0.64 0.6 0.57 0.57 0.56 0.55 0.53 0.51 0.5

0.82 0.76 0.72 0.71 0.68 0.65 0.62 0.59 0.57

Page 1114: Economics of Photoelectricity - November 13 2012

Sep-12

Page 1115: Economics of Photoelectricity - November 13 2012

Source Source

1995 133 S2832, S2833

1996 89 S2832, S2833

1997 103 S2832, S2833

1998 155 S2832, S2833

1999 200 S2832, S2833

2000 146 S2832, S2833

2001 187 S2832, S2833

2002 162 S2832, S2833

2003 174 S2832, S2833

2004 435 S2832, S2833

2005 895 S2832, S2833

2006 773 S2832, S2833

2007 534 S2816

2008 265 S2832, S2833 807 S2816

2009

2010

2011 2 S2816 16 S2816

SOx Cost ($/ton)

NOx Cost ($/ton)

Page 1116: Economics of Photoelectricity - November 13 2012

All Car Car Vans

(mpg) Source (mpg) Source $/year Source (mpg)

1970 12.0 S1121 13.5 S1121 10.0

1971

1972

1973 13.4 S1120 10.5

1974 13.6 S1120 11.0

1975 12.2 S1121 14.0 S1120 10.5

1976 13.8 S1120 534 Formula 10.8

1977 14.1 S1120 558 Formula 11.2

1978 14.3 S1120 562 Formula 11.6

1979 14.6 S1120 742 Formula 11.9

1980 13.3 S1121 16.0 S1120 934 Formula 12.2

1981 13.6 S1121 16.5 S1120 1002 Formula 12.5

1982 14.1 S1121 16.9 S1120 920 Formula 13.5

1983 14.2 S1121 17.1 S1120 871 Formula 13.7

1984 14.5 S1121 17.4 S1120 836 Formula 14.0

1985 14.6 S1121 17.5 S1120 824 Formula 14.3

1986 14.7 S1121 17.4 S1120 639 Formula 14.6

1987 15.1 S1121 18.0 S1120 632 Formula 14.9

1988 15.6 S1121 18.8 S1120 604 Formula 15.4

1989 15.9 S1121 19.0 S1120 645 Formula 16.1

1990 16.4 S1121 20.2 S1120 691 Formula 16.1

1991 16.9 S1121 21.1 S1120 648 Formula 17.0

1992 16.9 S1121 21.0 S1120 644 Formula 17.3

1993 16.7 S1121 20.5 S1120 649 Formula 17.4

1994 16.7 S1121 20.7 S1120 645 Formula 17.3

1995 16.8 S1121 21.1 S1120 652 Formula 17.3

1996 16.9 S1121 21.2 S1120 697 Formula 17.2

1997 17.0 S1121 21.5 S1120 689 Formula 17.2

1998 16.9 S1121 21.6 S1120 588 Formula 17.2

1999 16.7 S1121 21.4 S1120 653 Formula 17.0

2000 16.9 S1121 22.1 S1121 819 Formula 17.0

2001 17.1 S1121 22.6 S1121 775 Formula 17.0

2002 17.0 S1121 22.3 S1121 732 Formula 16.9

2003 17.0 S1121 22.4 S1121 853 Formula 16.9

2004 17.1 S1121 22.3 S1121 1011 Formula 16.9

2005 17.2 S1121 22.5 S1121 1225 Formula 16.9

2006 17.2 S1121 23.1 S1121 1344 Formula 17.1

2007 17.2 S1121 22.9 S1121 1470 Formula 17.1

2008 17.4 S1121 23.7 S1121 1657 Formula 17.3

2009 17.6 S1121 23.8 S1121 1187 Formula 17.4

2010 24.0 Guess 1394 Formula

2011 24.0 Guess 1764 Formula

2012 24.0 Guess

*bg = billion gallons

Page 1117: Economics of Photoelectricity - November 13 2012

Trucks Buses Bikes All

Source (mpg) Source (mpg) Source (mpg) Source (bg)

S1121 5.5 S1121 5.5 S1121 S1121 92.3

S1120 5.5 S1120

S1120 5.5 S1120

S1120 5.6 S1120 5.8 S1121 S1121 109.0

S1120 5.6 S1120

S1120 5.6 S1120

S1120 5.5 S1120

S1120 5.5 S1120

S1120 5.4 S1120 6.0 S1121 S1121 115.0

S1120 5.3 S1120 5.9 S1121 S1121 114.5

S1120 5.5 S1120 5.9 S1121 S1121 113.4

S1120 5.6 S1120 5.9 S1121 S1121 116.1

S1120 5.7 S1120 5.7 S1121 S1121 118.7

S1120 5.8 S1120 5.4 S1121 S1121 121.3

S1120 5.8 S1120 5.3 S1121 S1121 125.2

S1120 5.9 S1120 5.8 S1121 S1121 127.5

S1120 6.0 S1120 5.8 S1121 S1121 130.1

S1120 6.1 S1120 6.0 S1121 S1121 131.9

S1120 6.0 S1120 6.4 S1121 S1121 130.8

S1120 6.0 S1120 6.7 S1121 S1121 128.6

S1120 6.0 S1120 6.6 S1121 S1121 132.9

S1120 6.1 S1120 6.6 S1121 S1121 137.3

S1120 6.1 S1120 6.6 S1121 S1121 140.8

S1120 6.1 S1120 6.6 S1121 50.0 S1121 143.8

S1120 6.2 S1120 6.6 S1121 50.0 S1121 147.4

S1120 6.4 S1120 6.7 S1121 50.0 S1121 150.4

S1120 6.1 S1120 6.7 S1121 50.0 S1121 155.4

S1120 6.0 S1120 6.7 S1121 50.0 S1121 161.4

S1121 6.2 S1121 6.7 S1121 45.5 S1121 162.5

S1121 6.3 S1121 6.8 S1121 43.6 S1121 163.5

S1121 6.4 S1121 6.9 S1121 42.5 S1121 168.7

S1121 6.4 S1121 7.1 S1121 42.6 S1121 170.0

S1121 6.4 S1121 7.1 S1121 42.8 S1121 173.5

S1121 6.4 S1121 7.1 S1121 42.7 S1121 174.8

S1121 6.5 S1121 7.1 S1121 43.0 S1121 175.0

S1121 6.4 S1121 7.2 S1121 42.7 S1121 176.2

S1121 6.5 S1121 7.2 S1121 42.5 S1121 170.8

S1121 6.5 S1121 7.2 S1121 43.2 S1121 168.1

(NA)

(NA)

(NA)

(NA)

(NA)

(NA)

(NA)

(NA)

(NA)

(NA)

(NA)

(NA)

(NA)

(NA)

(NA)

(NA)

(NA)

Page 1118: Economics of Photoelectricity - November 13 2012

Cars Bikes Buses Vans

Source (bg) Source (bg) Source (bg) Source (bg)

S1121 67.8 S1121 S1121 0.8 S1121 12.3

S1121 74.3 S1121 S1121 1.1 S1121 19.1

S1121 70.2 S1121 S1121 1.0 S1121 23.8

S1121 69.3 S1121 S1121 1.1 S1121 23.7

S1121 69.3 S1121 S1121 1.0 S1121 22.7

S1121 70.5 S1121 S1121 0.9 S1121 23.9

S1121 70.8 S1121 S1121 0.8 S1121 25.6

S1121 71.7 S1121 S1121 0.8 S1121 27.4

S1121 73.4 S1121 S1121 0.9 S1121 29.1

S1121 73.5 S1121 S1121 0.9 S1121 30.6

S1121 73.5 S1121 S1121 0.9 S1121 32.7

S1121 74.1 S1121 S1121 0.9 S1121 33.3

S1121 69.8 S1121 S1121 0.9 S1121 35.6

S1121 64.5 S1121 S1121 0.9 S1121 38.2

S1121 65.6 S1121 S1121 0.9 S1121 40.9

S1121 67.2 S1121 S1121 0.9 S1121 42.9

S1121 68.1 S1121 S1121 1.0 S1121 44.1

S1121 68.1 S1121 0.2 S1121 1.0 S1121 45.6

S1121 69.2 S1121 0.2 S1121 1.0 S1121 47.4

S1121 69.9 S1121 0.2 S1121 1.0 S1121 49.4

S1121 71.7 S1121 0.2 S1121 1.1 S1121 50.5

S1121 73.2 S1121 0.2 S1121 1.1 S1121 52.8

S1121 88.9 S1121 0.3 S1121 2.2 S1121 28.9

S1121 87.8 S1121 0.3 S1121 1.9 S1121 30.1

S1121 91.5 S1121 0.3 S1121 1.9 S1121 30.8

S1121 91.6 S1121 0.3 S1121 1.9 S1121 31.3

S1121 93.4 S1121 0.4 S1121 1.9 S1121 33.8

S1121 93.2 S1121 0.3 S1121 1.9 S1121 34.4

S1121 88.6 S1121 0.4 S1121 2.0 S1121 37.0

S1121 89.6 S1121 0.5 S1121 2.0 S1121 36.9

S1121 85.6 S1121 0.5 S1121 2.1 S1121 34.9

S1121 85.6 S1121 0.5 S1121 1.9 S1121 35.8

(NA)

(NA)

(NA)

(NA)

(NA)

(NA)

(NA)

(NA)

(NA)

(NA)

(NA)

(NA)

(NA)

(NA)

(NA)

(NA)

(NA)

Page 1119: Economics of Photoelectricity - November 13 2012

Trucks Cars/Truck Cars/Truck Cars/Truck

Source (bg) Source %Gasoline Source %Hybrid Source %Diesel

S1121 11.3 S1121

S1121 14.6 S1121 99.8 S1126 0.2

99.8 S1126 0.2

99.6 S1126 0.4

99.1 S1126 0.9

98.0 S1126 2.0

S1121 20.0 S1121 95.7 S1126 4.3

S1121 20.4 S1121 94.1 S1126 5.9

S1121 20.4 S1121 94.4 S1126 5.6

S1121 20.8 S1121 97.3 S1126 2.7

S1121 21.4 S1121 98.2 S1126 1.8

S1121 21.4 S1121 99.1 S1126 0.9

S1121 21.9 S1121 99.6 S1126 0.4

S1121 22.5 S1121 99.7 S1126 0.3

S1121 22.9 S1121 99.9 S1126 0.1

S1121 23.5 S1121 99.9 S1126 0.1

S1121 24.5 S1121 99.9 S1126 0.1

S1121 25.0 S1121 99.9 S1126 0.1

S1121 25.5 S1121 99.9 S1126 0.1

S1121 26.2 S1121 100.0 S1126 0.0

S1121 27.7 S1121 100.0 S1126 0.0

S1121 29.0 S1121 100.0 S1126 0.0

S1121 29.6 S1121 99.9 S1126 0.1

S1121 29.9 S1121 99.9 S1126 0.1

S1121 32.0 S1121 99.9 S1126 0.1

S1121 33.9 S1121 99.9 S1126 0.1

S1121 42.0 S1121 99.8 S1126 0.0 S1126 0.1

S1121 43.0 S1121 99.8 S1126 0.0 S1126 0.1

S1121 43.3 S1121 99.6 S1126 0.2 S1126 0.2

S1121 44.8 S1121 99.5 S1126 0.3 S1126 0.1

S1121 44.4 S1121 99.4 S1126 0.5 S1126 0.3

S1121 44.5 S1121 98.6 S1126 1.1 S1126 0.3

S1121 46.4 S1121 98.1 S1126 1.5 S1126 0.4

S1121 47.2 S1121 97.7 S1126 2.2 S1126 0.1

S1121 47.7 S1121 97.4 S1126 2.5 S1126 0.1

S1121 44.5 S1121 97.2 S1126 2.3 S1126 0.5

95.6 S1126 3.8 S1126 0.7

95.4 S1126 4.0 S1126 0.6

Page 1120: Economics of Photoelectricity - November 13 2012

Leaded Unleaded Premium All Grades

Source $/Gal Source $/Gal Source $/Gal Source $/Gal

0.36 S1127 NA S1127 NA S1127 NA

0.36 S1127 NA S1127 NA S1127 NA

0.36 S1127 NA S1127 NA S1127 NA

0.39 S1127 NA S1127 NA S1127 NA

0.53 S1127 NA S1127 NA S1127 NA

S1126 0.57 S1127 NA S1127 NA S1127 NA

S1126 0.59 S1127 0.61 S1127 NA S1127 NA

S1126 0.62 S1127 0.66 S1127 NA S1127 NA

S1126 0.63 S1127 0.67 S1127 NA S1127 0.65

S1126 0.86 S1127 0.90 S1127 NA S1127 0.88

S1126 1.19 S1127 1.25 S1127 NA S1127 1.22

S1126 1.31 S1127 1.38 S1127 1.47 S1127 1.35

S1126 1.22 S1127 1.30 S1127 1.42 S1127 1.28

S1126 1.16 S1127 1.24 S1127 1.38 S1127 1.23

S1126 1.13 S1127 1.21 S1127 1.37 S1127 1.20

S1126 1.12 S1127 1.20 S1127 1.34 S1127 1.20

S1126 0.86 S1127 0.93 S1127 1.09 S1127 0.93

S1126 0.90 S1127 0.95 S1127 1.09 S1127 0.96

S1126 0.90 S1127 0.95 S1127 1.11 S1127 0.96

S1126 1.00 S1127 1.02 S1127 1.20 S1127 1.06

S1126 1.15 S1127 1.16 S1127 1.35 S1127 1.22

S1126 NA S1127 1.14 S1127 1.32 S1127 1.20

S1126 NA S1127 1.13 S1127 1.32 S1127 1.19

S1126 NA S1127 1.11 S1127 1.30 S1127 1.17

S1126 NA S1127 1.11 S1127 1.31 S1127 1.17

S1126 NA S1127 1.15 S1127 1.34 S1127 1.21

S1126 NA S1127 1.23 S1127 1.41 S1127 1.29

S1126 NA S1127 1.23 S1127 1.42 S1127 1.29

S1126 NA S1127 1.06 S1127 1.25 S1127 1.12

S1126 NA S1127 1.17 S1127 1.36 S1127 1.22

S1126 NA S1127 1.51 S1127 1.69 S1127 1.56

S1126 NA S1127 1.46 S1127 1.66 S1127 1.53

S1126 NA S1127 1.36 S1127 1.56 S1127 1.44

S1126 NA S1127 1.59 S1127 1.78 S1127 1.64

S1126 NA S1127 1.88 S1127 2.07 S1127 1.92

S1126 NA S1127 2.30 S1127 2.49 S1127 2.34

S1126 NA S1127 2.59 S1127 2.81 S1127 2.64

S1126 NA S1127 2.80 S1127 3.03 S1127 2.85

S1126 NA S1127 3.27 S1127 3.52 S1127 3.32

S1126 NA S1127 2.35 S1127 2.61 S1127 2.40

S1126 NA S1127 2.79 S1127 3.05 S1127 2.84

S1126 NA S1127 3.53 S1127 3.79 S1127 3.58

Page 1121: Economics of Photoelectricity - November 13 2012

Convnetional Reformulated All Diesel

Source $/Gal Source $/Gal Source $/Gal Source $/Gal

S1127 NA S1127 NA S1127 NA S1127 NA

S1127 NA S1127 NA S1127 NA S1127 NA

S1127 NA S1127 NA S1127 NA S1127 NA

S1127 NA S1127 NA S1127 NA S1127 NA

S1127 NA S1127 NA S1127 NA S1127 NA

S1127 NA S1127 NA S1127 NA S1127 NA

S1127 NA S1127 NA S1127 NA S1127 NA

S1127 NA S1127 NA S1127 NA S1127 NA

S1127 NA S1127 NA S1127 NA S1127 NA

S1127 NA S1127 NA S1127 NA S1127 NA

S1127 NA S1127 NA S1127 NA S1127 NA

S1127 NA S1127 NA S1127 NA S1127 NA

S1127 NA S1127 NA S1127 NA S1127 NA

S1127 NA S1127 NA S1127 NA S1127 NA

S1127 NA S1127 NA S1127 NA S1127 NA

S1127 NA S1127 NA S1127 NA S1127 NA

S1127 NA S1127 NA S1127 NA S1127 NA

S1127 NA S1127 NA S1127 NA S1127 NA

S1127 NA S1127 NA S1127 NA S1127 NA

S1127 NA S1127 NA S1127 NA S1127 NA

S1127 NA S1127 NA S1127 NA S1127 NA

S1127 1.10 S1127 NA S1127 1.10 S1127 NA

S1127 1.09 S1127 NA S1127 1.09 S1127 NA

S1127 1.07 S1127 NA S1127 1.07 S1127 NA

S1127 1.07 S1127 NA S1127 1.08 S1127 NA

S1127 1.10 S1127 1.16 S1127 1.11 S1127 1.11

S1127 1.19 S1127 1.24 S1127 1.20 S1127 1.24

S1127 1.19 S1127 1.25 S1127 1.20 S1127 1.20

S1127 1.02 S1127 1.08 S1127 1.03 S1127 1.04

S1127 1.12 S1127 1.20 S1127 1.14 S1127 1.12

S1127 1.46 S1127 1.54 S1127 1.48 S1127 1.49

S1127 1.38 S1127 1.50 S1127 1.42 S1127 1.40

S1127 1.31 S1127 1.41 S1127 1.35 S1127 1.32

S1127 1.52 S1127 1.66 S1127 1.56 S1127 1.51

S1127 1.81 S1127 1.94 S1127 1.85 S1127 1.81

S1127 2.24 S1127 2.34 S1127 2.27 S1127 2.40

S1127 2.53 S1127 2.65 S1127 2.57 S1127 2.71

S1127 2.77 S1127 2.86 S1127 2.80 S1127 2.89

S1127 3.21 S1127 3.31 S1127 3.25 S1127 3.80

S1127 2.32 S1127 2.43 S1127 2.35 S1127 2.47

S1127 2.74 S1127 2.86 S1127 2.78 S1127 2.99

S1127 3.48 S1127 3.62 S1127 3.52 S1127 3.84

Page 1122: Economics of Photoelectricity - November 13 2012

Source

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

S1127

Page 1123: Economics of Photoelectricity - November 13 2012

Q1 - 2012

Country Technology MW Source

First Solar US CdTe 2250 W132

Sharp Japan a-Si 1000 W132

Solar Frontier Japan CIS 980 W132

Hanergy a-Si 500 W132

ENN a-Si 500 W132

GS Solar 300 W132

Trony a-Si 265 W132

Auria a-Si 245 W132

Stion CIGS 200 W132

NexPower µc-Si tandem 160 W132

Kaneka a-Si 150 W132

BestSolar CIGS 130 W132

Saint-Gobain a-Si 100 W132

Astrongergy 75 W132

T solar a-Si 61 W132

MiaSole CIGS 50 W132

Q-cells CIGS W132

Total 6966

a-SiGe (µc-Si) layer

Page 1124: Economics of Photoelectricity - November 13 2012

$/STC

Zone Rating Source 1.5kW 2kW 3kW 4kWSep-12 Adelaide, SA 3 1.382 S2847

Sep-12 Brisbane, QLD 3 1.382 S2847

Sep-12 Canberra, ACT 3 1.382 S2847

Sep-12 Melbourne, VIC 4 1.185 S2847

Sep-12 Sydney, NSW 3 1.382 S2847

Sep-12 Perth, WA 3 1.382 S2847

Oct-12 Adelaide, SA 3 1.382 S2847 $26.43 $26.43 $26.29 $26.43Oct-12 Brisbane, QLD 3 1.382 S2847 $26.17 $26.17 $26.17 $26.17Oct-12 Canberra, ACT 3 1.382 S2847 $26.75 $26.75 $26.75 $26.75Oct-12 Melbourne, VIC 4 1.185 S2847 $25.94 $25.94 $25.94 $25.94Oct-12 Sydney, NSW 3 1.382 S2847 $26.25 $26.25 $26.25 $27.75Oct-12 Perth, WA 3 1.382 S2847 $22.33 $26.80 $26.80 $26.80Nov-12 Adelaide, SA 3 1.382 S2847 $26.43 $26.43 $26.29 $26.43Nov-12 Brisbane, QLD 3 1.382 S2847 $26.17 $26.29 $26.29 $26.29Nov-12 Canberra, ACT 3 1.382 S2847 $26.80 $26.80 $26.80 $26.80Nov-12 Hobart, Taz 4 1.185 S2847 $26.67 $26.67 $26.67 $26.67Nov-12 Melbourne, VIC 4 1.185 S2847 $25.50 $25.50 $25.50 $25.50Nov-12 Sydney, NSW 3 1.382 S2847 $26.40 $26.40 $26.40 $27.60Nov-12 Perth, WA 3 1.382 S2847 $27.20 $27.20 $27.20 $27.20

Page 1125: Economics of Photoelectricity - November 13 2012

Calculated STCs Credit per kWp

5kW 1.5 kW 2kW 3kW 4kW 5kW 1.5 kW 2kW 3kW 4kW 5kW$1,267 $1,081 $956 $815 $685$1,195 $1,005 $845 $770 $676$1,008 $1,123 $920 $844 $766

$973 $867 $728 $686 $633$1,361 $1,137 $957 $855 $778$1,288 $1,107 $920 $822 $748

$28.43 62 72 93 114 134 $1,092 $951 $815 $753 $762

$26.17 62 72 93 114 134 $1,082 $942 $811 $746 $701

$26.75 62 72 93 114 134 $1,106 $963 $829 $762 $717

$25.94 53 62 79 97 115 $917 $804 $683 $629 $597

$27.75 62 72 93 114 134 $1,085 $945 $814 $791 $744

$26.80 62 72 93 114 134 $923 $965 $831 $764 $718

$28.43 62 72 93 114 134 $1,092 $951 $815 $753 $762

$26.29 62 72 93 114 134 $1,082 $946 $815 $749 $705

$26.80 62 72 93 114 134 $1,108 $965 $831 $764 $718

$26.67 53 62 79 97 115 $942 $827 $702 $647 $613

$25.50 53 62 79 97 115 $901 $791 $672 $618 $587

$27.60 62 72 93 114 134 $1,091 $950 $818 $787 $740

$27.20 62 72 93 114 134 $1,124 $979 $843 $775 $729

Page 1126: Economics of Photoelectricity - November 13 2012

Price with STCs Price without STCs

1.5kW 2kW 3kW 4kW 5kW 1.5kW 2kW 3kW 4kW

$2.38 $2.31 $2.23 $2.24 $2.11 $3.65 $3.39 $3.19 $3.06

$2.70 $2.58 $2.39 $2.42 $2.30 $3.90 $3.58 $3.24 $3.19

$2.07 $2.23 $2.06 $2.07 $1.99 $3.08 $3.35 $2.98 $2.91

$2.93 $2.94 $2.68 $2.79 $2.60 $3.90 $3.81 $3.41 $3.48

$2.09 $2.12 $2.03 $2.09 $1.98 $3.45 $3.26 $2.99 $2.95

$2.23 $2.25 $2.09 $2.15 $2.09 $3.52 $3.36 $3.01 $2.97

$2.31 $2.26 $2.10 $2.15 $2.01 $3.40 $3.21 $2.91 $2.90

$2.62 $2.52 $2.37 $2.40 $2.27 $3.70 $3.46 $3.18 $3.15

$2.29 $2.33 $2.14 $2.19 $2.07 $3.40 $3.29 $2.97 $2.95

$2.82 $2.85 $2.62 $2.72 $2.55 $3.74 $3.65 $3.30 $3.35

$2.11 $2.08 $1.91 $1.95 $1.85 $3.20 $3.03 $2.72 $2.74

$2.10 $2.20 $1.99 $2.10 $2.00 $3.02 $3.16 $2.82 $2.86

$2.22 $2.21 $2.02 $2.11 $1.99 $3.31 $3.16 $2.83 $2.86

$2.51 $2.44 $2.26 $2.34 $2.19 $3.59 $3.39 $3.07 $3.09

$2.29 $2.28 $2.08 $2.15 $2.03 $3.40 $3.24 $2.91 $2.91

$2.40 $2.36 $2.14 $2.19 $2.11 $3.34 $3.19 $2.84 $2.84

$2.50 $2.44 $2.26 $2.36 $2.21 $3.40 $3.23 $2.93 $2.98

$1.97 $2.07 $1.87 $1.83 $1.85 $3.06 $3.02 $2.69 $2.62

$1.92 $2.07 $1.86 $1.99 $1.88 $3.04 $3.05 $2.70 $2.77

Page 1127: Economics of Photoelectricity - November 13 2012

5kW Source

$2.79 S2766

$2.98 S2766

$2.76 S2766

$3.23 S2766

$2.76 S2766

$2.84 S2766

$2.77 S2850

$2.97 S2850

$2.79 S2850

$3.15 S2850

$2.59 S2850

$2.72 S2850

$2.75 S2981

$2.89 S2981

$2.75 S2981

$2.72 S2981

$2.80 S2981

$2.59 S2981

$2.61 S2981

Page 1128: Economics of Photoelectricity - November 13 2012

MW Austria Source Belgium Source

Belgium - Export - 2007

Belgium - Export - 2008

Belgium - Export - 2009

Belgium - Export - 2010

Belgium - Export - 2011

Belgium - Export - 2012

Belgium - Export - 2013

Belgium - Import - 2007

Belgium - Import - 2008

Belgium - Import - 2009

Belgium - Import - 2010

Belgium - Import - 2011

Belgium - Import - 2012

Belgium - Import - 2013

France - Export - 2007 1700 S2973

France - Export - 2008 1600 S2973

France - Export - 2009 2508 S2975, Average

France - Export - 2010 2937 S2975, Average

France - Export - 2011 3242 S2975, Average

France - Export - 2012 2980 S2975, Average

France - Export - 2013 1850 S2973

France - Import - 2007 600 S2973

France - Import - 2008 600 S2973

France - Import - 2009 952 S2975, Average

France - Import - 2010 1230 S2975, Average

France - Import - 2011 1221 S2975, Average

France - Import - 2012 1129 S2975, Average

France - Import - 2013 800 S2973

Germany - Export - 2008 1500 S2971 NA

Germany - Import - 2008 1400 S2971 NA

Switzerland - Export - 2008 1200 S2972 NA

Switzerland - Import - 2008 1200 S2972 NA

Page 1129: Economics of Photoelectricity - November 13 2012

Czech Republic Source Denmark, East Source Denmark, West Source

800 S2971 550 S2971 1500 S2971

2250 S2971 550 S2971 950 S2971

NA NA NA

NA NA NA

Page 1130: Economics of Photoelectricity - November 13 2012

France Source Germany Source Italy Source

600 S2973

600 S2973

600 S2973

800 S2973

800 S2973

800 S2973

800 S2973

1700 S2973

1600 S2973

1700 S2973

1700 S2973

1850 S2973

1850 S2973

1850 S2973

1949 S2975, Average 2242 S2975, Average

2223 S2975, Average 2178 S2975, Average

2244 S2975, Average 1527 S2975, Average

2177 S2975, Average 1478 S2975, Average

4500 S2975, Average 943 S2975, Average

3405 S2975, Average 940 S2975, Average

3197 S2975, Average 942 S2975, Average

3155 S2975, Average 961 S2975, Average

2500 S2971 NA NA

2400 S2971 NA NA

2300 S2972 4000 S2972 3890 S2972

3200 S2972 2100 S2972 1460 S2972

Page 1131: Economics of Photoelectricity - November 13 2012

Netherlands Source Poland Source Spain Source

0 S2974

0 S2974

1219 S2974

830 S2974

946 S2974

946 S2974

1128 S2974

0 S2974

0 S2974

1219 S2974

830 S2974

946 S2974

946 S2974

946 S2974

797 S2975, Average

940 S2975, Average

1030 S2975, Average

1218 S2975, Average

911 S2975, Average

1069 S2975, Average

1090 S2975, Average

1296 S2975, Average

3900 S2971 800 S2971

4000 S2971 1200 S2971

NA NA

NA NA

Page 1132: Economics of Photoelectricity - November 13 2012

Sweden Source Switzerland Source UK Source

3117 S2975, Average 1925 S2975, Average

3112 S2975, Average 1827 S2975, Average

3115 S2975, Average 1654 S2975, Average

3115 S2975, Average 1548 S2975, Average

1909 S2975, Average 1906 S2975, Average

1638 S2975, Average 1827 S2975, Average

1956 S2975, Average 1654 S2975, Average

1910 S2975, Average 1548 S2975, Average

600 S2971 1700 S2971

600 S2971 4400 S2971

NA NA

NA NA

Page 1133: Economics of Photoelectricity - November 13 2012

Total

12538

13217

12812

12516

11121

10109

10060

9999

13850

17750

11390

7960

Page 1134: Economics of Photoelectricity - November 13 2012

Sunfilm AG GERMANY INSOLVENCY 2010Gecko Group AG INSOLVENCY 2011

INSOLVENCY 2011Solon SE GERMANY INSOLVENCY 2011Solorday INSOLVENCY 2011Solyndra USA INSOLVENCYX Group INSOLVENCY 2011BP Solar AG ENGLAND LEAVING THE FIELD 2012

INSOLVENCY 2012Scheuten INSOLVENCY 2012HB Solar GmbH GERMANY INSOLVENCY 2012Solar Millenium AG GERMANY INSOLVENCY 2012Q-Cells SE GERMANY INSOLVENCY 2012

GERMANY INSOLVENCY 2012Sovello GmbH GERMANY INSOLVENCY 2012

INSOLVENCY 2012Sunstrom GmbH INSOLVENCY 2012Pevafersa SPAIN INSOLVENCY 2012

GERMANY LEAVING THE FIELD 2012INSOLVENCY 2012

MX Group LEAVING THE FIELD 2012

Schott Solar AG 2012

Aleo Solar AG ITALY 2012

Solar Cuantum SPAIN 2012

Sunways AG 2012

2012

SolibroGmbH

Photowatt International SAS

Ralos New Energies AG

Inventux Technologies AGcontrotherm photovoltales AG

Schüco International KGSunConcept Holding AG

Production partially reducedProduction partially reducedProduction partially reducedAcquired by Chinese investors

Scheuten Netherlands

Acquired by Chinese investorsAcquired by Chinese investors