2009 supplemental charts for solar industry year in review
TRANSCRIPT
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U.S. Solar Industry Year in Review 2009Supplemental Charts
For the full version of this report, visit www.SEIA.org.
For more information or comments about data in this report, email [email protected]. For press inquiriescontact SEIAs communications team, Monique Hanis or Jared Blanton.
Updated 5/12/2010
http://www.seia.org/mailto:[email protected]:[email protected]://www.seia.org/ -
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Annual Growth of U.S. Solar Energy Capacity Additions
Electric CAGR*
2000-2005: 39% 2006-2009: 49%
* Electric includes PV and CSP (including off-grid PV)** Thermal includes solar water heating, solar pool heating, space heating and space cooling.
Thermal CAGR**
2000-2005: 14% 2006-2009: -8%
(Decline reflects droop in solar poolheating.)
-
200
400
600
800
1,000
1,200
2000200120022003200420052006200720082009
MW-th
Solar Thermal Collector Shipments
Water Heating Pool Heating
-
100
200
300
400
500
600
2000200120022003200420052006200720082009
Solar Electric Installations
PV CSP
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Steady Growth of U.S. Solar Energy Capacity
Electric CAGR*
2000-2005: 12% 2006-2009: 28%
* Electric includes PV and CSP (including off-grid PV)** Thermal includes solar water heating, solar pool heating, space heating and space cooling.
Thermal CAGR**
2000-2005: 5% 2006-2009: 4%
(Decline reflects drop in solar poolheating.)
494
2,108
-
500
1,000
1,500
2,000
2,500
MW
Cumulative Solar Electric Capacity
15,870
23,835
-
5,000
10,000
15,000
20,000
25,000
30,000
MW-th
Cumulative Solar Thermal Shipments(Heating and Cooling)
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The Solar Industry Employed 46,000 Americans in 2009
SEIA estimates that 24,000 people were directly employed in the U.S. solar energy business in 2009. An additional 22,000 people worked for companies that supply services and materials needed by the
solar industry.
Solar supported an additional 33,000 induced jobs in 2009. (Induced jobs are the result of the broadereconomic activity attributable to the solar industry.)
In sum, the U.S. solar industry supported 79,000 jobs in 2009, 17,000 more than the 62,000 jobssupported in 2008.
9,000 13,00019,000
24,0008,00011,000
17,000
22,000
12,000
17,000
26,000
33,000
-
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
2006 2007 2008 2009
Jobs(FTE)
Estimated U.S. Solar Energy Industry Employment
Induced
Indirect
Direct
SEIA Estimate 4/07/2010
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Estimated U.S. Solar Energy Industry Revenue
SEIA estimates that totalU.S. solar industryrevenue grew 36 percentfrom 2008 to 2009.
$1.4 billion in venturecapital also flowed to thesolar industry in 2009.*
$-
$500
$1,000
$1,500
$2,000
$2,500
$3,000
$3,500
$4,000
$4,500
2006 2007 2008 2009
Millions
Estimated U.S. Solar Industry Revenue
* Greentech Media http://www.greentechmedia.com/articles/read/green-vc-total-second-best-year-ever/
http://www.greentechmedia.com/articles/read/green-vc-total-second-best-year-ever/http://www.greentechmedia.com/articles/read/green-vc-total-second-best-year-ever/http://www.greentechmedia.com/articles/read/green-vc-total-second-best-year-ever/http://www.greentechmedia.com/articles/read/green-vc-total-second-best-year-ever/http://www.greentechmedia.com/articles/read/green-vc-total-second-best-year-ever/http://www.greentechmedia.com/articles/read/green-vc-total-second-best-year-ever/http://www.greentechmedia.com/articles/read/green-vc-total-second-best-year-ever/http://www.greentechmedia.com/articles/read/green-vc-total-second-best-year-ever/http://www.greentechmedia.com/articles/read/green-vc-total-second-best-year-ever/http://www.greentechmedia.com/articles/read/green-vc-total-second-best-year-ever/http://www.greentechmedia.com/articles/read/green-vc-total-second-best-year-ever/http://www.greentechmedia.com/articles/read/green-vc-total-second-best-year-ever/http://www.greentechmedia.com/articles/read/green-vc-total-second-best-year-ever/http://www.greentechmedia.com/articles/read/green-vc-total-second-best-year-ever/ -
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New Grid-Tied Solar Electric Installations in 2009
250.3
0.1
23.2
HI: 13.5
0.1
35.9
DC: 0.3
DE: 0.7
CT: 8.7
22.9 MD: 2.5
0.3
0.1
0.1
0.6
0.3
NJ: 57.3
MA: 9.5
VT: 0.6
RI: 0.6
NH: 0.1
2.5
0.2
0.1
0.1
0.9
0.5
7.9
12.1
1.4
3.8
0.5
3.4
6.3
0.1
2.2
1.8
0.3
0.2
441 MW new grid-tied PV and CSP installed in the U.S. in 2009
0.2
0.2
0.1 to 1 MW
1 to 5 MW
5 to 10 MW
10 to 25 MW
25 to 50 MW
More than 50 MW
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Cumulative Grid-Tied Solar Electric Capacity at the end of 2009
1,101.6
0.1
49.5
HI: 27.0
0.2
38.9
DC: 1.0
DE: 2.5
CT: 19.7
58.6 MD: 5.6
0.3
0.1
0.1
3.4
0.7
NJ: 127.5
MA: 17.7
VT: 1.7
RI: 0.6
NH: 0.1
100.4
0.9
0.2
0.1
1.9
1.9
12.6
33.9
2.4
8.3
0.9
7.3
14.0
0.1
5.3
4.8
0.6
0.4
1,678 MW cumulative grid-tied PV and CSP in U.S. at end of 2009
0.4
0.4
0.1 to 1 MW
1 to 5 MW
5 to 10 MW
10 to 25 MW
25 to 50 MW
More than 50 MW
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State Grid-Tied Solar Electric Capacity Rankings
2009 Installations (W per Capita)
1 Hawaii 10.42 New Jersey 6.63 California 6.04 Colorado 4.65 Arizona 3.56 Connecticut 2.57 Florida 1.98 Oregon 1.69 Massachusetts 1.4
10 Vermont 1.0National
Average 1.4*
2009 Cumulative (W per Capita)
1 Nevada 38.02 California 29.83 Hawaii 20.84 New Jersey 14.65 Colorado 11.76 Arizona 7.57 Connecticut 5.68 Oregon 3.79 Delaware 2.8
10 Vermont 2.7National
Average 5.4*
New Capacity in 2009 Cumulative Capacity in 2009
Megawatts
WattsperCapita
Top 10 states ranked
four ways:
California isnt always
the leader.
Hawaii and New Jerseylead in per-capitainstallations in 2009.
Nevada has mostcumulative capacity per
capita.
* State rankings do not include off-grid estimates. Includes PV and CSP.
2009 New Capacity (MW)1 California 2202 New Jersey 573 Florida 364 Arizona 235 Colorado 236 Hawaii 147 New York 128 Massachusetts 109 Connecticut 9
10 North Carolina 8Other 29Total 441*
2009 Cumulative Capacity (MW)1 California 1,1022 New Jersey 1283 Nevada 1004 Colorado 595 Arizona 506 Florida 397 New York 348 Hawaii 279 Connecticut 20
10 Massachusetts 18Other 78Total 1,653*
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100,000 PV Systems Installed in 10 Years
Over 29,000 homesadded PV in 2009,73% more than 2008.
Over 2,200businesses, non-profits and schoolsadded PV in 2009, up17% from 2008
2000 2001 2002 2003 2004 2005 2006 2007 20082009
p
Utility 19 24 22 25 17 4 2 2 19 143
Non-Residential 162 93 269 498 870 1,062 1,128 1,463 1,943 2,275
Residential 507 1,748 3,183 4,085 5,980 6,652 8,445 13,132 17,008 29,418
Total 688 1,865 3,474 4,608 6,867 7,718 9,575 14,597 18,970 31,836
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
NumberofSystems(Grid-Tied)
Number of New PV Systems Installed
* "Utility sector refers to all capacity that feeds electricity directly into the distribution grid or the transmission grid , rather than primarily serving on-siteuse. It includes utility-scale solar power plants, utility-owned distributed systems, and non-utility owned distributed systems located on customerproperty that connect to the grid on the utility side of the meter.
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Cumulative Grid-Tied PV Capacity Passes the 1 GW Mark
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009p
Utility 0 3 6 9 11 12 12 21 43 109
Non-Residential 2 5 14 41 73 124 190 292 503 710
Residential 1 6 17 33 57 84 122 180 258 414
Total 18 29 52 97 155 234 339 508 819 1,248
-
200
400
600
800
1,000
1,200
1,400
M
W-dc
Cumulative Grid-Tied PV Capacity
* "Utility sector refers to all capacity that feeds electricity directly into the distribution grid or the transmission grid , rather than primarily serving on-siteuse. It includes utility-scale solar power plants, utility-owned distributed systems, and non-utility owned distributed systems located on customerproperty that connect to the grid on the utility side of the meter.
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Growth in Grid-Tied PV Capacity Additions
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Residential 448% 105% 39% 57% 13% 38% 55% 33% 101%
Non-Residential 27% 226% 191% 18% 62% 31% 51% 109% -2%
Utility 514% -22% 36% -40% -65% -68% 4205% 145% 196%
Total 204% 102% 101% 27% 37% 32% 61% 84% 38%
-100.00%
-50.00%
0.00%
50.00%
100.00%
150.00%
200.00%
Year-Over-Year Change in Installations by Capacity Large increases
in bothResidential andUtility Sectors*due, in part, toimproved ITC
Non-residentialsector held backby economy anddelay in TGP
startup
* "Utility sector refers to all capacity that feeds electricity directly into the distribution grid or the transmission grid , rather than primarily serving on-siteuse. It includes utility-scale solar power plants, utility-owned distributed systems, and non-utility owned distributed systems located on customerproperty that connect to the grid on the utility side of the meter.
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Grid-Tied PV Capacity Additions
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009p
Utility 0 3 2 3 2 1 0 9 22 66
Non-Residential 2 3 9 27 32 51 67 101 211 207Residential 1 5 11 15 24 27 38 59 78 156
Total 4 11 23 45 58 79 105 169 311 429
-50
100150200250300
350400450500
MW-dc
Grid-Tied PV Installations
2000 2001 2002 2003 2004 2005 2006 2007 20082009
p
Utility 13% 27% 10% 7% 3% 1% 0% 5% 7% 15%
Non-Residential 60% 25% 41% 59% 55% 65% 64% 60% 68% 48%
Residential 27% 48% 49% 34% 42% 35% 36% 35% 25% 36%
0%20%40%
60%80%
100%
SharebyAnnual
CapacityAdditions
Grid-Tied PV Market Segments
Grid-tied annual
growth from 2000-2009: CAGR = 69%
Shifting demand ineach marketsegment.
Notable increase inresidential marketshare in 2009.
Utility sector* nearlytripled in annual
MW from 2008.
* "Utility sector refers to all capacity that feeds electricity directly into the distribution grid or the transmission grid , rather than primarily serving on-siteuse. It includes utility-scale solar power plants, utility-owned distributed systems, and non-utility owned distributed systems located on customerproperty that connect to the grid on the utility side of the meter.
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Larger PV Systems to Meet Increasing Electricity Demand
Residential systemshave gotten largerevery year for thelast decade.
Commercial systemsizes are on anupward trend.
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Residential 1.9 3.1 3.5 3.7 4.0 4.1 4.5 4.5 4.6 5.3
Non-Residential 13.7 30.4 34.2 53.8 36.3 48.1 59.2 69.1 108.8 91.0
Utility 25.6 124.2 105.1 126.1 111.8 167.5 105.5 4,542. 1,171. 460.1
All 5.4 6.0 6.5 9.8 8.4 10.2 10.9 11.6 16.4 13.5
-
10.0
20.0
30.0
40.050.0
60.0
70.0
80.0
90.0
100.0
kW-dc
Average Grid-Tied PV System Size
* "Utility sector refers to all capacity that feeds electricity directly into the distribution grid or the transmission grid , rather than primarily serving on-siteuse. It includes utility-scale solar power plants, utility-owned distributed systems, and non-utility owned distributed systems located on customerproperty that connect to the grid on the utility side of the meter.
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New Grid-Tied PV Installations in 2009
0.1 to 1 MW
1 to 5 MW
5 to 10 MW
10 to 25 MW
25 to 50 MW
More than 50 MW
210.3
0.1
23.2
HI: 11.5
0.1
35.9
DC: 0.3
DE: 0.7
CT: 8.7
22.9 MD: 2.5
0.3
0.1
0.10.6
0.3
NJ: 57.3
MA: 9.5
VT: 0.6
RI: 0.6
NH: 0.1
2.5
0.2
0.1
0.1
0.9
0.5
7.9
12.1
1.4
3.8
0.5
3.4
6.3
0.1
2.2
1.8
0.3
0.2
429 MW new grid-tied PV installed in the U.S. in 2009
0.2
0.2
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Cumulative Grid-Tied PV Capacity at the end of 2009
0.1 to 1 MW
1 to 5 MW
5 to 10 MW
10 to 25 MW
25 to 50 MW
More than 50 MW
738.6
0.1
48.5
HI: 25.0
0.2
38.9
DC: 1.0
DE: 2.5
CT: 19.7
58.6 MD: 5.6
0.3
0.1
0.13.4
0.7
NJ: 127.5
MA: 17.7
VT: 1.7
RI: 0.6
NH: 0.1
36.4
0.9
0.2
0.1
1.9
1.9
12.6
33.9
2.4
8.3
0.9
7.3
14.0
0.1
5.3
4.8
0.6
0.4
1,248 MW cumulative grid-tied PV in U.S. at end of 2009
0.4
0.4
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Average Installed Cost of PV
In 2009, PVModule prices fell40 percent.
Average moduleprice per watt inmid-2008 was
$3.50-4.00.* Average module
price per watt atthe end of 2009was $1.85-2.25.*
This is beginningto help bring downthe installed cost.
$4.00
$5.00
$6.00
$7.00
$8.00
$9.00
$10.00
2005 2006 2007 2008 2009
$/W
-dc
Average PV Installed Cost
00-03 kW
03-05 kW
05-10 kW
10-20 kW
20-500 kW
500-100000 kW
Total
SEIA, OpenPV**
* Paula Mints, Navigant Consulting, Inc.** Capacity-Weighted Average. Data from OpenPV.nrel.gov downloaded 3/30/10.
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CSPs Nearly 3 Decades of Experience
CSP Plants have been in continuous operation in the U.S. since1982.
The U.S. has more total CSP capacity than any other country.
1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Annual - 10 - - 14 20 60 30 60 80 80 - - - - 10 - - - - (10) - - - - 1 64 - 12
Cumulative - 10 10 10 24 44 104 134 194 274 354 354 354 354 354 364 364 364 364 364 354 354 354 354 354 355 419 419 431
(100)
-
100
200
300
400
500
(20)
-
20
40
60
80
100
C
umulative(MWac)
Annual(MWac)
CSP Capacity
Solar Two
Nevada Solar One
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PV Module Manufacturing by Country
U.S. was largest PV
manufacturer in 1980s. Both demand and supply
have grown faster abroad.
U.S. still has enoughmanufacturing capacity to
meet all domestic demand. U.S. PV module
production grew 7% from2008 to 2009.
U.S. solar industry
engages in 2-way trade. Exports, cells, modules
and materials
-
1,000
2,000
3,000
4,000
5,000
6,000
7,000
2004 2005 2006 2007 2008 2009
MW-dc
Global PV Module Supply
ROW
Europe
Japan
U.S.
Source: Paula Mints,
Navigant Consulting, Inc.
38% Chinaand Taiwan
7% USA
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Global Solar Electric Capacity
-
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
20,000
-
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Cum
ulativeGlobalCapacity(MW)
AnnualCapacityAdditions(MW)
Global Solar Electric Capacity
ROW
United States
Korea
Japan
Italy
France
Spain
Germany
Czech Republic
Cumulative Global Capacity
Global solar electric capacity has passed 21 GW.
Germany has nearly half the cumulative global capacity.
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International Solar Electric Capacity Rankings
2009 New Capacity (MW)1 Germany 3,8002 Italy 7003 Japan 4844 United States 481*5 Czech Republic 4116 Belgium 2927 France 2858 Spain 1809 China 125
10 Korea 100Total 6,932**
2009 Cumulative Capacity (MW)1 Germany 9,6772 Spain 3,5953 Japan 2,6284 United States 2,108*5 Italy 1,1586 Czech Republic 4657 France 4658 Korea 4589 Belgium 362
10 China 125Total 21,537**
2009 New Capacity (W per Capita)1 Germany 46.22 Czech Republic 40.23 Belgium 28.04 Italy 12.05 France 4.46 Spain 4.47 Japan 3.88 Canada 2.29 Korea 2.1
10 United States 1.6*Average 2.8**
2009 Cumulative (W per Capita)1 Germany 117.52 Spain 88.73 Czech Republic 45.54 Belgium 34.85 Japan 20.76 Italy 19.97 Korea 9.48 France 7.39 United States 6.9*
10 Portugal 6.4Average 8.7**
New Capacity in 2009 Cumulative Capacity in 2009
Megawatts
WattsperC
apita
Top 10 countriesranked four ways:
U.S. does well onmeasures of capacity.
U.S. is doing less than
other countries on aper capita basis.
* Country rankings include off-grid estimates for U.S..** Includes estimates for several other countries; not a global figure.
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CSP Getting Ready to Take Off
Dozens of CSP projects totaling over 10,500 MW are nowunder development.
The U.S. has more operating CSP capacity than any othercountry.
In Operation
432 MW
UnderConstruction
81 MW
Under
Development
10,583 MW
CSP Project Pipeline by Status
SEIA, 2/19/10
CPV
2%Dish-engine
21%
Linear Fresnel
0%
Tower
21%
Trough56%
CSP Project Pipeline by Technology
SEIA, 2/19/10
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Precedent for Rapid Expansion
The overall growth in theelectric power sector
shows the ability torapidly ramp up capacity.
In 1998 the entire U.S.added less than 3 GW of
new capacity
In 1999: 11 GW
In 2000: 31 GW
In 2001: 46 GW
In 2002: 69 GW
Annual installationsincreased 25x in 5 years
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
U.S. Power Plant Additions by Decade
Wind
Solar
Petrolium
Other
Nuclear
Hydro
Gas
Coal
SEIA, EIA Form 860
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Natural Gas Sets Precedent for Rapid Expansion
Natural gas plants construction jumped from 2.1 GW in 1998 to 66.4GW in 2002 (CAGR of 136%).
From 1990 to 2002, new natural gas plant construction grew an averageof 23% per year.
Since 2006, solar installations have averaged 49% annual growth.
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
U.S. Natural Gas Plant Additions
Source: EIA Form 860
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Steady Growth Over Ten Years
-
5,000
10,000
15,000
20,000
25,000
-
500
1,000
1,500
2,000
2,500
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009p
Pool(M
W-th)
SWH(M
W-th)
Cumulative Solar Thermal Capacity
SWH Pool
CAGR 2000-2009
Total: Solar Water Heating:
Solar Pool Heating:
CAGR 2006-2009
Total: Solar Water Heating:
Solar Pool Heating:
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Solar Heating and Cooling Annual Shipments
2000 2001 2002 2003 2004 2005 2006 2007 20082009
p
Water Heating 24 18 28 34 30 42 76 93 133 147
Pool Heating 511 702 720 702 887 978 999 785 776 699
-
200
400
600
800
1,000
1,200
MW-th
Solar Thermal Collector Shipments
Source: EIA, SEIA*
* Water heating figures include collectors for combined water heating and space heating applications.
CAGR 2000-2009
Total: 5% Solar Water Heating: 22%
Solar Pool Heating: 4%
CAGR 2006-2009
Total: -8% Solar Water Heating: 25%
Solar Pool Heating: -11%
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Solar Heating and Cooling Shipments
Florida, California and Arizona remained the top 3 destinationsfor solar thermal collectors through 2008.
Florida
35%
California
26%
Arizona
6%
Hawaii5%
Oregon
3%
New York
3%
Illinois
3%
Other
19%
Destination of Solar Thermal Collector Shipments in
2008
Source: EIA, SEIA
Florida
34%
California
29%
Arizona
6%
New Jersey
4%
Hawaii
3%
Illinois
3%
New York
3%
Oregon
2%
Connecticut
2%
Nevada
2%
Other
12%
Cumulative Shipments by Destination (2003-2008)
Source: EIA, SEIA
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Solar Thermal (Heating and Cooling) Market in 2009:Solar Water Heating
Solar water heatershipments managedslight growth.
Starting in 2009, the$2,000 cap on the ITCfor residential solar waterheater installations was
removed. -
20
40
60
80
100
120
140
160
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
MW-th
Solar Water Heater Collector Shipments*
* Data for 2009 is an estimate. Data for 2000-2008 is from EIA.
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Versatile Technology: Solar Thermal Collectors Many Uses
After poolheating, waterheating remainsthe dominateapplication of
solar thermalcollectors.
Space heatinghas huge
potential.
2000 2001 2002 2003 2004 2005 2006 2007 2008
Process Heating 1 2 0 2 0 0 0 2 3
Combined Space and Water
Heating0 1 1 1 1 1 4 5 10
Space Cooling 0 0 0 0 0 0 0 1 1
Space Heating 6 5 9 5 1 15 21 12 12
Hot Water 24 18 28 33 29 42 74 91 129
0
20
40
60
80
100
120
140
160
180
MW-th
Shipments of Solar Thermal Collectors by End-Use
(Excluding Pool Heating)
Source: EIA, SEIA
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Solar Thermal (Heating and Cooling) Market in 2009:Solar Pool Heating
Solar pool heating hassuffered with thebroader housingindustry.
Solar energy systemsused to heat pools arenoteligible for thefederal ITC.
-
200
400
600
800
1,000
1,200
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
MW-th
Solar Pool Heater Collector Shipments*
* Data for 2009 is an estimate. Data for 2000-2008 is from EIA.
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Energy Cost Comparison
Solar is increasingly competitive with traditional generation technologies
Almost always less expensive than new peaking plants
Increasingly less expensive than new baseload
$57
$71
$105
$97
$197
$129
$87
$109
$153
$140
$149
$352
$206
$196
$250 $300
$0 $50 $100 $150 $200 $250 $300 $350 $400
Gas Combined Cycle
Coal
Nuclear
IGCC
Gas Peaking
Concentrating Solar Power
Photovoltaic
Levelized Cost of Energy ($/MWh)
Lazard (2009)
Severance (2009)
Lazard "Levelized Cost of Energy Analysis - Version 3.0" June 2009
Severance, C. "Business Risks and Costs of New Nuclear Power" January 2009
Lazard "Levelized Cost of Energy Analysis - Version 3.0" June 2009
Severance, C. "Business Risks and Costs of New Nuclear Power" January 2009
Solar Range
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Treasury Grants Awards as of April 20, 2010
$3 billion in grants to date
Over $10 billion in project value
497 projects
Solar
5%
Wind
86%
Geothermal
5%
Biomass
3%
Landfill
1%Other
0%
Treasury Grant Awards(by Value)
As of 4/20/10
Solar
78%
Wind
11%
Geothermal
2%
Biomass
2%
Landfill
1%
Other
6%
Treasury Grant Awards(by Number of Projects)
As of 4/20/10
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Treasury Grant Awards for Solar Projects as of April 20, 2010
$156 million in grants for solar projects
386 solar project
Solar Electric Only
Solar Thermal Only
Solar Electric and Thermal
HI: 8,$500k
DE: 8,$529k
CT:10,$5m
MD: 10,$2m
NJ: 47, $25m
MA: 29,$5m
VT: 2,$40k
1
$18k
1$23k
3$172k
3$600k
4$65k
10$200k
24$45m
4$1 m
1$6k
3$52k
2$14k
3$64k
4$202k
17$943
5$125k
19
$1m
2$23 k
1$ 4k
38$ 7 m
1$59 k
16$600k
18$2 m
1$20k
17$942 k
13$863 k
60$53 m
Number ofprojects
Value ofgrants
Projects value over $500 million
34 states + Puerto Rico
PR: 2, $600k
13$673k
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Manufacturing Tax Credit Awards for Solar Manufacturing
$1.156 billion in credits for solar projects
61 new or upgraded facilities
Less than $10 million
$10 million to $100 million
More than $100 million
DE: 1,$50 m
CT: 1, $0.8 m
NJ: 1, $1.1 m
MA: 2, $4.2m
3$15 m8
$238 m
Number offacilities
Value ofcredits
Projects value over $3.8 billion
At least 21 States
1
$0.9 m
1$5.7 m
1$20 m
6$30 m
1$5.9 m
2$36 m
6$213 m
5$5.1 m
NH: 1, $2 m1$155 m
4$105 m
2$130 m
7
$62 m3$53 m
1$0.6 m
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State RES Solar and DG Carve-Out Requirements
State RES carve-outs will set the baseline demand for solarover the next 15 years.
154
396
292 309359
1,062
419
503
663698 706
664624 614
656
745
0
2,000
4,000
6,000
8,000
10,000
0
200
400
600
800
1,000
1,200
2010 2015 2020 2025
Solar Capacity Required to Meet State RES Carve-OutsNJ
IL
MD
AZ
OH
PA
NM
MA
CO
NC
NV
DE
MO
DC
NH
OR
NY
Annual Capacity(left axis)
CumulativeCapacity(right axis)
AnnualSolarAdditio
ns(MWac)
C
umulativeSolarCap
acity(MWac)
Source: LBNL
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Whats a Watt?
One megawatt of solar power capacity can provide 1,300 to 2,500 MWh (1.3 to 2.5million kWh) of electricity per year, enough to supply 120 to 220 average Americanhomes.
Watt (W): A watt is a unit of power (like horsepower used to measure engines) thatmeasures the rate of flow of energy. Solar equipment is often measured in peak watts ormaximum power output rating. 1 W = 1 joule/second. (A joule is a unit of energy equal to0.24 calories.)
Kilowatt (kW): 1 kW = 1,000 W or 1.34 horsepower.
Megawatt (MW): 1 MW = 1,000 kW = 1,000,000 W.
Gigawatt (GW): 1 GW = 1,000 MW = 1 million kW = 1 billion W
Kilowatt-hour (kWh): A kilowatt-hour is a unit of energy necessary to provide 1 kW ofpower for 1 hour. 1 kWh can power a 100-W light bulb for 10 hours. The averageAmerican household uses 936 kWh of electricity per month.(EIA, http://www.eia.doe.gov/cneaf/electricity/esr/table5.html )
Watt-thermal (Wth): Solar thermal systems (water heating, pool heating, etc.) do notprovide power but instead provide thermal energy or heat. However, to roughly comparesolar thermal capacity to solar electric capacity, thermal capacity is reported in watts-thermal by treating one square meter of collector area as equivalent to 700 watts of solarelectric capacity.
http://www.eia.doe.gov/cneaf/electricity/esr/table5.htmlhttp://www.eia.doe.gov/cneaf/electricity/esr/table5.html