1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Renewable Energy Market Trends
  5. > Solar Photovoltaic (PV) in the US, Market Outlook to 2030, Update 2016 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles

Solar Photovoltaic (PV) in the US, Market Outlook to 2030, Update 2016 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles


Summary


"Solar Photovoltaic (PV) in the US, Market Outlook to 2030, Update 2016 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles” is the latest report from GlobalData, the industry analysis specialists that offer comprehensive information and understanding of the Solar Photovoltaic (PV) market in US.

The report provides in depth analysis on global renewable power market and global Solar Photovoltaic (PV) market with forecasts up to 2030. The report analyzes the power market scenario in US (includes conventional thermal, nuclear, large hydro and renewable energy sources) and provides future outlook with forecasts up to 2030. The research details renewable power market outlook in the country (includes hydro, small hydro, biopower and Solar Photovoltaic (PV)) and provides forecasts up to 2030. The report highlights installed capacity and power generation trends from 2006 to 2030 in US Solar Photovoltaic (PV) market. A detailed coverage of renewable energy policy framework governing the market with specific policies pertaining to Solar Photovoltaic (PV) is provided in the report. The research also provides company snapshots of some of the major market participants.

The report is built using data and information sourced from proprietary databases, secondary research and in-house analysis by GlobalData’s team of industry experts.


Scope


The report analyses global renewable power market, global Solar Photovoltaic (PV) market, US power market, US renewable power market and US Solar Photovoltaic (PV) market. The scope of the research includes -
- A brief introduction on global carbon emissions and global primary energy consumption.
- An overview on global renewable power market, highlighting installed capacity trends, generation trends and installed capacity split by various renewable power sources. The information is covered for the historical period 2006-2015 (unless specified) and forecast period 2015-2030.
- Renewable power sources include wind (both onshore and offshore), Solar Photovoltaic (PV), concentrated solar power (CSP), small hydro power (SHP), biomass, biogas and geothermal.
- Detailed overview of the global Solar Photovoltaic (PV) market with installed capacity and generation trends, installed capacity split by major Solar Photovoltaic (PV)power countries in 2015 and key owners information of various regions.
- Power market scenario in US and provides detailed market overview, installed capacity and power generation trends by various fuel types (includes thermal conventional, nuclear, large hydro and renewable energy sources) with forecasts up to 2030.
- An overview on US renewable power market, highlighting installed capacity trends (2006-2030), generation trends(2006-2030) and installed capacity split by various renewable power sources in 2015.
- Detailed overview of US Solar Photovoltaic (PV) market with installed capacity and generation trends and major active and upcoming Solar Photovoltaic (PV) projects.
- Deal analysis of US Solar Photovoltaic (PV) market. Deals are analyzed on the basis of mergers, acquisitions, partnership, asset finance, debt offering, equity offering, private equity (PE) and venture capitalists (VC).
- Key policies and regulatory framework supporting the development of renewable power sources in general and Solar Photovoltaic (PV) in particular.
- Company snapshots of some of the major market participants in the country.


Reasons to buy


- The report will enhance your decision making capability in a more rapid and time sensitive manner.
- Identify key growth and investment opportunities in US Solar Photovoltaic (PV) market.
- Facilitate decision-making based on strong historic and forecast data for Solar Photovoltaic (PV) market.
- Position yourself to gain the maximum advantage of the industry’s growth potential.
- Develop strategies based on the latest regulatory events.
- Identify key partners and business development avenues.
- Understand and respond to your competitors’ business structure, strategy and prospects.

Table Of Contents

Solar Photovoltaic (PV) in the US, Market Outlook to 2030, Update 2016 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles
1 Table of Contents
1 Table of Contents 2
1.1 List of Tables 7
1.2 List of Figures 9
2 Executive Summary 10
2.1 Government Support in Conjunction with Technology Development Driving Global Renewable Power Installations 10
2.2 Thermal Power is the Dominant Source in the Power Mix 10
2.3 Renewable Sources Forecast to Witness Maximum Growth 11
3 Introduction 12
3.1 Carbon Emissions, Global, 2001-2015 12
3.2 Primary Energy Consumption, Global, 2001-2025 14
3.3 Solar PV, Global, Technology Definition and Classification 16
3.4 Report Guidance 17
4 Renewable Power Market, Global, 2006-2030 18
4.1 Renewable Power Market, Global, Overview 18
4.2 Renewable Power Market, Global, Installed Capacity, 2006-2030 19
4.2.1 Renewable Power Market, Global, Cumulative Installed Capacity by Source Type, 2006-2030 19
4.2.2 Renewable Power Market, Global, Cumulative Installed Capacity Split by Source Type, 2015 and. 2030 21
4.2.3 Renewable Power Market, Global, Comparison among Various Sources, Cumulative Installed Capacity, 2015 - 2030 23
4.3 Renewable Power Market, Global, Power Generation, 2006-2030 25
4.3.1 Renewable Power Market, Global, Power Generation by Source Type, 2006-2030 25
4.3.2 Renewable Power Market, Global, Power Generation, Source Comparison Based on Power Generation, 2015-2030 27
4.4 Renewable Power Market, Global, LCOE Comparison of Power Generating Sources, 2014-2015 29
5 Solar Photovoltaic (PV) Market, Global, 2006-2030 32
5.1 Solar Photovoltaic (PV) Market, Global, Overview 32
5.2 Solar Photovoltaic (PV) Market, Global, Installed Capacity, 2006-2030 34
5.2.1 Solar Photovoltaic (PV) Market, Global Cumulative Installed Capacity Share by Region, 2015 and 2030 36
5.2.2 Solar Photovoltaic (PV) Market, Global Cumulative Installed Capacity Share by Country, 2015 and 2030 38
5.3 Solar Photovoltaic (PV) Market, Global, Power Generation, 2006-2030 40
5.3.1 Solar Photovoltaic (PV) Market, Global, Generation Share by Region, 2015 and 2030 42
5.3.2 Solar Photovoltaic (PV) Market, Global, Generation Share by Country, 2015 and 2030 44
6 Power Market, US, 2006-2030 46
6.1 Power Market, US, Overview 46
6.2 Power Market, US, Installed Capacity, 2006-2030 47
6.2.1 Power Market, US, Cumulative Installed Capacity by Fuel Type, 2006-2030 47
6.2.2 Power Market, US, Share in Cumulative Installed Capacity Split by Source Type, 2015 and 2030 49
6.3 Power Market, US, Power Generation, 2006-2030 51
7 Renewable Power Market, US, 2006-2030 53
7.1 Renewable Power Market, US, Overview 53
7.2 Renewable Power Market, US, Installed Capacity, 2006-2030 54
7.2.1 Renewable Power Market, US, Cumulative Installed Capacity by Source Type, 2006-2030 54
7.2.2 Renewable Power Market, US, Cumulative Installed Capacity Split by Source Type, 2015 and 2030 57
7.3 Renewable Power Market, US, Power Generation, 2006-2030 59
8 Solar Photovoltaic (PV) Market, US, 2006-2030 61
8.1 Solar Photovoltaic (PV) Market, US, Overview 61
8.2 Solar Photovoltaic (PV) Market, US, Installed Capacity, 2006-2030 62
8.3 Solar Photovoltaic (PV) Market, US, Power Generation, 2006-2030 64
8.4 Solar Photovoltaic (PV) Market, US, Project Based Analysis, 2015 66
8.4.1 Solar Photovoltaic (PV) Market, US, Major Active Plants, 2015 66
8.4.2 Solar Photovoltaic (PV) Market, US, Key Under-construction Projects, 2015 67
8.5 Solar Photovoltaic (PV) Market, US, Investment Trends, 2015 68
8.5.1 Solar Photovoltaic (PV) Market, US, Deal Volume vs. Deal Value, 2006-2015 68
8.5.2 Solar Photovoltaic (PV) Market, US, Split by Deal Type, 2015 70
9 Power Market, US, Regulatory Scenario 72
9.1 Overview 72
9.2 Federal Initiatives 73
9.2.1 Energy Independence and Security Act, 2007 73
9.2.2 Energy Improvement and Extension Act, 2008 73
9.2.3 American Recovery and Reinvestment Act, 2009 73
9.2.4 Production Tax Credits 74
9.2.5 Investment Tax Credits 75
9.2.6 Manufacturing Tax Credit 76
9.2.7 Rural Energy for America Program: Grants 77
9.2.8 Tribal Energy Program Grant 77
9.2.9 Clean Renewable Energy Bonds 77
9.2.10 Qualified Energy Conservation Bonds 78
9.2.11 US Department of Energy - Loan Guarantee Program 78
9.2.12 Modified Accelerated Cost Recovery System 79
9.2.13 Green Power Purchasing Goal 80
9.2.14 Residential Renewable Energy Tax Credit 80
9.3 Federal Initiatives for Solar Power 82
9.3.1 Solar America Initiative 82
9.3.2 SunShot Initiative 82
9.4 Federal Initiatives for Wind Power 82
9.5 Federal Initiatives for Biopower and Biofuels 83
9.5.1 Energy Policy Act - Alternative Fuels 83
9.5.2 Biorefinery Assistance Program 83
9.5.3 Clean Air Act Amendments of 1990 84
9.6 State-Level Incentives 85
9.6.1 Overview 85
9.6.2 Renewable Portfolio Standards 85
9.6.3 Renewable Energy Certificates 86
9.6.4 Public Benefits Funds for Renewable Energy 86
9.6.5 Interconnection Standards 87
9.6.6 Net Metering 87
9.6.7 Property Assessed Clean Energy 88
9.7 Renewable Energy Policy Framework, Iowa 88
9.7.1 Financial Incentives and Policy Support for Renewable Energy Sources, Iowa 88
9.7.2 Financial Incentives and Policy Support for Solar, Iowa 90
9.7.3 Financial Incentives and Policy Support for Wind, Iowa 90
9.8 Renewable Energy Policy Framework, Minnesota 91
9.8.1 Financial Incentives and Policy Support for Renewable Energy Sources, Minnesota 91
9.8.2 Financial Incentives and Policy Support for Wind, Minnesota 94
9.8.3 Financial Incentives and Policy Support for Hydropower, Minnesota 94
9.8.4 Financial Incentives and Policy Support for Bioenergy, Minnesota 94
9.9 Renewable Energy Policy Framework, Washington 94
9.9.1 Financial Incentives and Policy Support for Renewable Energy Sources, Washington 94
9.9.2 Financial Incentives and Policy Support for Solar, Washington 98
9.10 Renewable Energy Policy Framework, Colorado 98
9.10.1 Financial Incentives and Policy Support for Renewable Energy Sources, Colorado 98
9.11 Renewable Energy Policy Framework, Texas 103
9.11.1 Financial Incentives and Policy Support for Renewable Energy Sources, Texas 103
9.11.2 Financial Incentives and Policy Support for Solar, Texas 106
9.11.3 Financial Incentives and Policy Support for Wind, Texas 108
9.11.4 Financial Incentives and Policy Support for Bioenergy, Texas 108
9.12 Renewable Energy Policy Framework, California 109
9.12.1 Financial Incentives and Policy Support for Renewable Energy Sources, California 109
9.12.2 Financial Incentives and Policy Support for Solar, California 114
9.12.3 Financial Incentives and Policy Support for Wind, California 118
9.12.4 Financial Incentives and Policy Support for Hydropower, California 118
9.12.5 Financial Incentives and Policy Support for Geothermal, California 119
9.12.6 Financial Incentives and Policy Support for Bioenergy, California 119
9.13 Renewable Energy Policy Framework, Nevada 119
9.13.1 Financial Incentives and Policy Support for Renewable Energy Sources, Nevada 119
9.14 Renewable Energy Policy Framework, New Jersey 123
9.14.1 Financial Incentives and Policy Support for Renewable Energy Sources, New Jersey 123
9.14.2 Financial Incentives and Policy Support for Solar, New Jersey 128
10 Solar Photovoltaic (PV) Market, US, Company Profiles 131
10.1 Company Snapshot: TerraForm Power, Inc. 131
10.1.1 TerraForm Power, Inc. - Company Overview 131
10.1.2 TerraForm Power, Inc. - Major Products and Services 131
10.1.3 TerraForm Power, Inc. - Head Office 131
10.2 Company Snapshot: NRG Energy, Inc. 132
10.2.1 NRG Energy, Inc. - Company Overview 132
10.2.2 NRG Energy, Inc. - Business Description 132
10.2.3 NRG Energy, Inc. - SWOT Analysis 133
10.2.4 NRG Energy, Inc. - Major Products and Services 138
10.2.5 NRG Energy, Inc. - Head Office 138
10.3 Company Snapshot: NextEra Energy Resources, LLC 139
10.3.1 NextEra Energy Resources, LLC - Company Overview 139
10.3.2 NextEra Energy Resources, LLC - Business Description 139
10.3.3 NextEra Energy Resources, LLC - SWOT Analysis 140
10.3.4 NextEra Energy Resources, LLC - Major Products and Services 144
10.3.5 NextEra Energy Resources, LLC - Head Office 144
10.4 Company Snapshot: MidAmerican Energy Company 145
10.4.1 MidAmerican Energy Company - Company Overview 145
10.4.2 MidAmerican Energy Company - Business Description 145
10.4.3 MidAmerican Energy Company - SWOT Analysis 146
10.4.4 MidAmerican Energy Company - Major Products and Services 150
10.4.5 MidAmerican Energy Company - Head Office 150
10.5 Company Snapshot: LS Power Group 151
10.5.1 LS Power Group - Company Overview 151
10.5.2 LS Power Group - Major Products and Services 151
10.5.3 LS Power Group - Head Office 151
10.6 Company Snapshot: Exelon Corporation 152
10.6.1 Exelon Corporation - Company Overview 152
10.6.2 Exelon Corporation - Business Description 152
10.6.3 Exelon Corporation - SWOT Analysis 153
10.6.4 Exelon Corporation - Major Products and Services 159
10.6.5 Exelon Corporation - Head Office 159
10.7 Company Snapshot: Berkshire Hathaway Energy Company 160
10.7.1 Berkshire Hathaway Energy Company - Company Overview 160
10.7.2 Berkshire Hathaway Energy Company - Business Description 160
10.7.3 Berkshire Hathaway Energy Company - SWOT Analysis 163
10.7.4 Berkshire Hathaway Energy Company - Major Products and Services 168
10.7.5 Berkshire Hathaway Energy Company - Head Office 168
11 Appendix 169
11.1 Market Definitions 169
11.2 Abbreviations 170
11.3 Bibliography 170
11.4 Disclaimer 171

1.1 List of Tables
Table 1: Carbon Dioxide Emissions from Energy Consumption, Global (MT), 2001-2015 14
Table 2: Primary Energy Consumption, Global (Mtoe), 2001-2025 16
Table 3: Renewable Power Market, Global, Cumulative Installed Capacity by Source Type (MW), 2006-2030 20
Table 4: Renewable Power Market, Global, Cumulative Installed Capacity Split by Source Type (%), 2015 and. 2030 22
Table 5: Renewable Power Market, Global, Source Comparison Based on Installed Capacity, 2015-2030 24
Table 6: Renewable Power Market, Global, Power Generation by Source Type (GWh), 2006-2030 26
Table 7: Renewable Power Market, Global, Power Generation, Source Comparison Based on Power Generation, 2015-2030 28
Table 8: Renewable Power Market, Global, Assumptions for LCOE Calculation 29
Table 9: Renewable Power Market, Global, LCOE Comparison of Power-generating Sources ($/kWh), 2014-2015 31
Table 10: Solar Photovoltaic (PV) Market, Global, Installed Capacity (MW), 2006-2030 35
Table 11: Solar Photovoltaic (PV) Market, Global, Cumulative Installed Capacity Share by Region (%), 2015 and 2030 37
Table 12: Solar Photovoltaic (PV) Market, Global, Cumulative Installed Capacity Share by Country (%), 2015 and 2030 39
Table 13: Solar Photovoltaic (PV) Market, Global, Power Generation (GWh), 2006-2030 41
Table 14: Solar Photovoltaic (PV) Market, Global, Generation Share by Region (%), 2015 and 2030 43
Table 15: Solar Photovoltaic (PV) Market, Global, Generation Share by Country (%), 2015 and 2030 45
Table 16: Power Market, US, Cumulative Installed Capacity by Fuel Type(MW), 2006-2030 48
Table 17: Power Market, US, Cumulative Installed Capacity Split by Source Type (%), 2015 and 2030 50
Table 18: Power Market, US, Power Generation by Fuel Type (GWh), 2006-2030 52
Table 19: Renewable Power Market, US, Cumulative Installed Capacity by Source Type (MW), 2006-2030 56
Table 20: Renewable Power Market, US, Cumulative Installed Capacity Split by Source Type (%), 2015 and 2030 58
Table 21: Renewable Power Market, US, Power Generation by Source Type (GWh), 2006-2030 60
Table 22: Solar Photovoltaic (PV) Market, US, Installed Capacity (MW), 2006-2030 63
Table 23: Solar Photovoltaic (PV) Market, US, Power Generation (GWh), 2006-2030 65
Table 24: Solar Photovoltaic (PV) Market, US, Major Active Plants, 2015 66
Table 25: Solar Photovoltaic (PV) Market, US, Key Under-construction Projects, 2015 67
Table 26: Solar Photovoltaic (PV) Market, US, Deal Volume vs. Deal Value ($m), 2006-2015 69
Table 27: Solar Photovoltaic (PV) Market, US, Deals by Type, 2015 71
Table 28: Renewable Energy Market, US, Production Tax Credit ($/kWh), 2015 75
Table 29: Renewable Energy Market, US, Production Tax Credit, 2015 76
Table 30: Renewable Energy Market, US, Green Power Purchasing Goal (%), 2016-2025 80
Table 31: Renewable Power, US, Renewable Portfolio Standards, State Targets, 2016 85
Table 32: Renewable Energy Market, Washington, Renewable Energy Standards (%), 2012 and onward 95
Table 33: Renewable Energy Market, Washington, Member-Owned Renewable Energy Program Rate ($/kWh), 2010-2017 97
Table 34: Renewable Energy Market, Colorado, Capital Cost Threshold Rates, 2014 101
Table 35: Renewable Energy, Feed-in Tariffs, Marin County - California, 2016 111
Table 36: Renewable Energy, Feed-in Tariffs, Los Angeles - California, 2016 112
Table 37: Renewable Energy Feed-in Tariff Multiplier, Los Angeles - California, 2016 112
Table 38: Renewable Energy Market, California, Go Solar Campaign Program Components, 2007-2016 114
Table 39: Renewable Energy Market, California, California Solar Initiative Program Budget ($m), 2007-2016 115
Table 40: Renewable Energy Market, California, California Solar Initiative Rebate Levels by Incentive Step and Rebate Type, 2012 116
Table 41: Renewable Energy Market, California, California Solar Initiative, Details by Incentive Type, 2013 116
Table 42: Renewable Portfolio Standard, Nevada (%), 2005 and onward 120
Table 43: Renewable Energy Market, New Jersey, Renewable Portfolio Standards (%), 2004 onward 124
Table 44: Solar Alternative Compliance Payment ($/MWh), New Jersey, 2008-2016 130
Table 45: TerraForm Power, Inc., Major Products and Services 131
Table 46: NRG Energy, Inc., Major Products and Services 138
Table 47: NextEra Energy Resources, LLC, Major Products and Services 144
Table 48: MidAmerican Energy Company, Major Products and Services 150
Table 49: LS Power Group, Major Products and Services 151
Table 50: Exelon Corporation, Major Products and Services 159
Table 51: Berkshire Hathaway Energy Company, Major Products and Services 168
Table 52: Abbreviations 170

1.2 List of Figures
Figure 1: Power Market, US, Cumulative Installed Capacity by Type of Power Plant (%), 2015 11
Figure 2: Carbon-di-oxide Emissions from Energy Consumption, Global (MT), 2001-2015 13
Figure 3: Global, Primary Energy Consumption, Global (Mtoe), 2001-2025 15
Figure 4: Renewable Power Market, Global, Cumulative Installed Capacity by Source Type (MW), 2006-2030 19
Figure 5: Renewable Power Market, Global, Cumulative Installed Capacity Split by Source Type (%), 2015 and. 2030 21
Figure 6: Renewable Power Market, Global, Comparison among Various Sources, Cumulative Installed Capacity, 2015-2030 23
Figure 7: Renewable Power Market, Global, Power Generation by Source Type (GWh), 2006-2030 25
Figure 8: Renewable Power Market, Global, Power Generation, Source Comparison Based on Power Generation, 2015-2030 27
Figure 9: Renewable Power Market, Global, LCOE Comparison of Power-generating Sources ($/kWh), 2014-2015 30
Figure 10: Solar Photovoltaic (PV) Market, Global, Installed Capacity (MW), 2006-2030 34
Figure 11: Solar Photovoltaic (PV) Market, Global, Cumulative Installed Capacity Share by Region (%), 2015 and 2030 36
Figure 12: Solar Photovoltaic (PV) Market, Global, Cumulative Installed Capacity Share by Country (%), 2015 and 2030 38
Figure 13: Solar Photovoltaic (PV) Market, Global, Power Generation (GWh), 2006-2030 40
Figure 14: Solar Photovoltaic (PV) Market, Global, Generation Share by Region (%), 2015 and 2030 42
Figure 15: Solar Photovoltaic (PV) Market, Global, Generation Share by Country (%), 2015 and 2030 44
Figure 16: Power Market, US, Cumulative Installed Capacity by Fuel Type(MW), 2006-2030 47
Figure 17: Power Market, US, Cumulative Installed Capacity Split by Source Type (%), 2015-2030 49
Figure 18: Power Market, US, Power Generation by Fuel Type (GWh), 2006-2030 51
Figure 19: Renewable Power Market, US, Cumulative Installed Capacity by Source Type (MW), 2006-2030 55
Figure 20: Renewable Power Market, US, Cumulative Installed Capacity Split by Source Type (%), 2015 and 2030 57
Figure 21: Renewable Power Market, US, Power Generation by Source Type (GWh), 2006-2030 59
Figure 22: Solar Photovoltaic (PV) Market, US, Installed Capacity (MW), 2006-2030 62
Figure 23: Solar Photovoltaic (PV) Market, US, Power Generation (GWh), 2006-2030 64
Figure 24: Solar Photovoltaic (PV) Market, US, Deal Volume vs. Deal Value ($m), 2006-2015 68
Figure 25: Solar Photovoltaic (PV) Market, US, Split by Deal Type (%), 2015 70
Figure 26: Renewable Energy Market, Washington, Renewable Energy Standards (%), 2012 and onward 95
Figure 27: Renewable Energy Market, Nevada, Renewable Portfolio Standards (%), 2005 and onward 120

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Global and Chinese Crystalline Solar Photovoltaics PV Panel Systems Industry, 2016 Market Research Report

Global and Chinese Crystalline Solar Photovoltaics PV Panel Systems Industry, 2016 Market Research Report

  • $ 3000
  • Industry report
  • November 2016
  • by Prof Research

The ’Global and Chinese Crystalline Solar Photovoltaics PV Panel Systems Industry, 2011-2021 Market Research Report’ is a professional and in-depth study on the current state of the global Crystalline ...

Global and Chinese Solar Cells, Solar Panel Industry, 2016 Market Research Report

Global and Chinese Solar Cells, Solar Panel Industry, 2016 Market Research Report

  • $ 3000
  • Industry report
  • November 2016
  • by Prof Research

The ’Global and Chinese Solar Cells, Solar Panel Industry, 2011-2021 Market Research Report’ is a professional and in-depth study on the current state of the global Solar Cells, Solar Panel industry ...

Global and Chinese Solar PV Glass Industry, 2016 Market Research Report

Global and Chinese Solar PV Glass Industry, 2016 Market Research Report

  • $ 3000
  • Industry report
  • November 2016
  • by Prof Research

The ’Global and Chinese Solar PV Glass Industry, 2011-2021 Market Research Report’ is a professional and in-depth study on the current state of the global Solar PV Glass industry with a focus on the ...


ref:plp2016

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.