irec's annual solar market trends report
DESCRIPTION
The solar market, although relatively young, is an increasingly important and vital part of the American economy. What are the trends in this market, and what forces are at work? Which sectors of the market are strongest, and why? What are the prospects for solar energy in the near future? This session presented the results from the recently published IREC Report, U.S. Solar Market Trends 2012.TRANSCRIPT
U.S. Solar Market Trends Larry Sherwood
IREC
IREC 3iForum at SPI October 2013
Federal Tax Policy
$- $1 $2 $3 $4 $5 $6 $7 $8 $9
2009 2010 2011 2012
Residential Non-residential
U.S. Distributed PV Cost Trends
Renewable Portfolio Standard Policies w ith Solar / Distributed Generation Provisions.
www.dsireusa.org / March 2013.
16 states,+ Washington DC have Renewable Portfolio Standards with Solar and/or Distributed
Generation provisions
0
500
1000
1500
2000
2500
3000
3500
4000
2008 2009 2010 2011 2012
Cap
acity
(MW
DC)
Utility
Non-Residential
Residential
Capacity of Annual U.S. Grid-Tied PV Installations
Wind
Natural Gas
PV
Coal
Other
2012 New U.S. Electricity Generation
Times have Changed
35%
65%
2006
25%
68%
7%
2008
16%
31% 53%
2012
Residential
Non-Residential Utility
Large systems are almost half of the capacity installed in 2012
0 200 400 600 800
1000 1200 1400 1600 1800 2000
> 5 MW - 61 installs < 5 MW - 94,500 installs
2012 PV Installations by State
300 – 1000 MW
100 – 300 MW
10 – 100 MW
1 – 10 MW
U.S. Territories
< 1 MW
Utility Sector
0 200 400 600 800
1000 1200 1400 1600 1800 2000
2008 2009 2010 2011 2012
MW
DC
Utility Annual Installed Capacity
AZ
CA
NV
NC
NJ
Other
By State
PG&E
CA
AZ
NV
NC
NJ
Other
By State & PG&E
Non-Residential Sector
0
200
400
600
800
1000
1200
2008 2009 2010 2011 2012
Non-residential
CA
NJ MA
AZ
OH NY HI
Other
By State
Residential Sector
0
100
200
300
400
500
600
2008 2009 2010 2011 2012
MW
DC
Residential Annual Installed Capacity
0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000
2008 2009 2010 2011 2012
Residential Number of Installations
CA
HI AZ
NJ
CO
NY
MA
Other
By State
0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0
2008 2009 2010 2011 2012
kW-d
c
Residential Average Size
0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
MW
-dc
Cumulative U.S. Grid-tied Solar Electric Installations
irecusa.org/publications
THANKS to our generous sponsors for the 2013 3iForum and 3iAwards
Thank you
Larry Sherwood [email protected]