Solar Thermal Power in the US, Market Outlook to 2030, Update 2016 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles
Summary
"Solar Thermal Power 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 thermal power market in US.
The report provides in depth analysis on global renewable power market and global solar thermal power 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 thermal) and provides forecasts up to 2030. The report highlights installed capacity and power generation trends from 2006 to 2030 in US solar thermal power market. A detailed coverage of renewable energy policy framework governing the market with specific policies pertaining to solar thermal power 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 thermal power market, US power market, US renewable power market and US solar thermal power 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 thermal power market with installed capacity and generation trends, installed capacity split by major solar thermal power countries in 2015.
- 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 solar thermal 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 thermal power market with installed capacity and generation trends and major active and upcoming solar thermal projects.
- Deal analysis of US solar thermal power 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 thermal power 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 thermal power market.
- Facilitate decision-making based on strong historic and forecast data for solar thermal power 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
1 Table of Contents
1 Table of Contents 2
1.1 List of Tables 6
1.2 List of Figures 8
2 Executive Summary 9
2.1 Government Support in Conjunction with Technology Development Driving Global Renewable Power Installations 9
2.2 Thermal Power is the Dominant Source in the Power Mix 9
2.3 Renewable Sources Forecast to Witness Maximum Growth 10
3 Introduction 11
3.1 Carbon Emissions, Global, 2001-2015 11
3.2 Primary Energy Consumption, Global, 2001-2025 13
3.3 Solar Thermal Power, Global, Technology Definition and Classification 15
3.3.1 Solar Thermal Power, Technology Definition 15
3.3.2 Parabolic Trough System 15
3.3.3 Central Receiver or Solar Tower System 16
3.3.4 Parabolic Dish or Concentrating Dish System 16
3.3.5 Linear Fresnel Reflectors 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 Thermal Market, Global, 2006-2030 32
5.1 Solar Thermal Power Market, Global, Overview 32
5.2 Solar Thermal Market, Global, Installed Capacity, 2001-2025 33
5.2.1 Solar Thermal Power Market, Global, Installed Capacity Share by Region, 2015 and 2030 35
5.3 Solar Thermal Market, Global, Power Generation, 2006-2030 39
5.3.1 Solar Thermal Market, Global, Generation Share by Country, 2015 and 2030 41
6 Power Market, US, 2006-2030 43
6.1 Power Market, US, Overview 43
6.2 Power Market, US, Installed Capacity, 2006-2030 44
6.2.1 Power Market, US, Cumulative Installed Capacity by Fuel Type, 2006-2030 44
6.2.2 Power Market, US, Share in Cumulative Installed Capacity Split by Source Type, 2015 and 2030 46
6.3 Power Market, US, Power Generation, 2006-2030 48
7 Renewable Power Market, US, 2006-2030 50
7.1 Renewable Power Market, US, Overview 50
7.2 Renewable Power Market, US, Installed Capacity, 2006-2030 51
7.2.1 Renewable Power Market, US, Cumulative Installed Capacity by Source Type, 2006-2030 51
7.2.2 Renewable Power Market, US, Cumulative Installed Capacity Split by Source Type, 2015 and 2030 54
7.3 Renewable Power Market, US, Power Generation, 2006-2030 56
8 Solar Thermal Market, US, 2006-2030 58
8.1 Solar Thermal Power Market, US, Overview 58
8.2 Solar Thermal Power Market, US, Installed Capacity, 2006-2030 59
8.3 Solar Thermal Power Market, US, Power Generation, 2006-2030 61
8.4 Solar Thermal Power Market, US, Project Based Analysis, 2015 63
8.4.1 Solar Thermal Power Market, US, Major Active Plants, 2015 63
8.5 Solar Thermal Power Market, US, Investment Trends, 2015 65
8.5.1 Solar Thermal Power Market, US, Deal Volume vs. Deal Value, 2006-2015 65
8.5.2 Solar Thermal Power Market, US, Split by Deal Type, 2015 67
9 Power Market, US, Regulatory Scenario 68
9.1 Overview 68
9.2 Federal Initiatives 68
9.2.1 Energy Independence and Security Act, 2007 68
9.2.2 Energy Improvement and Extension Act, 2008 69
9.2.3 American Recovery and Reinvestment Act, 2009 69
9.2.4 Production Tax Credits 70
9.2.5 Investment Tax Credits 70
9.2.6 Manufacturing Tax Credit 71
9.2.7 Rural Energy for America Program: Grants 72
9.2.8 Tribal Energy Program Grant 72
9.2.9 Clean Renewable Energy Bonds 72
9.2.10 Qualified Energy Conservation Bonds 73
9.2.11 US Department of Energy - Loan Guarantee Program 73
9.2.12 Modified Accelerated Cost Recovery System 74
9.2.13 Green Power Purchasing Goal 75
9.2.14 Residential Renewable Energy Tax Credit 75
9.3 Federal Initiatives for Solar Power 77
9.3.1 Solar America Initiative 77
9.3.2 SunShot Initiative 77
9.4 Federal Initiatives for Wind Power 77
9.5 Federal Initiatives for Biopower and Biofuels 78
9.5.1 Energy Policy Act - Alternative Fuels 78
9.5.2 Biorefinery Assistance Program 78
9.5.3 Clean Air Act Amendments of 1990 79
9.6 State-Level Incentives 79
9.6.1 Overview 79
9.6.2 Renewable Portfolio Standards 79
9.6.3 Renewable Energy Certificates 81
9.6.4 Public Benefits Funds for Renewable Energy 81
9.6.5 Interconnection Standards 81
9.6.6 Net Metering 82
9.6.7 Property Assessed Clean Energy 82
9.7 Renewable Energy Policy Framework, Iowa 83
9.7.1 Financial Incentives and Policy Support for Renewable Energy Sources, Iowa 83
9.7.2 Financial Incentives and Policy Support for Solar, Iowa 84
9.7.3 Financial Incentives and Policy Support for Wind, Iowa 85
9.8 Renewable Energy Policy Framework, Minnesota 86
9.8.1 Financial Incentives and Policy Support for Renewable Energy Sources, Minnesota 86
9.8.2 Financial Incentives and Policy Support for Wind, Minnesota 88
9.8.3 Financial Incentives and Policy Support for Hydropower, Minnesota 88
9.8.4 Financial Incentives and Policy Support for Bioenergy, Minnesota 88
9.9 Renewable Energy Policy Framework, Washington 89
9.9.1 Financial Incentives and Policy Support for Renewable Energy Sources, Washington 89
9.9.2 Financial Incentives and Policy Support for Solar, Washington 92
9.10 Renewable Energy Policy Framework, Colorado 93
9.10.1 Financial Incentives and Policy Support for Renewable Energy Sources, Colorado 93
9.11 Renewable Energy Policy Framework, Texas 97
9.11.1 Financial Incentives and Policy Support for Renewable Energy Sources, Texas 97
9.11.2 Financial Incentives and Policy Support for Solar, Texas 100
9.11.3 Financial Incentives and Policy Support for Wind, Texas 101
9.11.4 Financial Incentives and Policy Support for Bioenergy, Texas 102
9.12 Renewable Energy Policy Framework, California 103
9.12.1 Financial Incentives and Policy Support for Renewable Energy Sources, California 103
9.12.2 Financial Incentives and Policy Support for Solar, California 107
9.12.3 Financial Incentives and Policy Support for Wind, California 111
9.12.4 Financial Incentives and Policy Support for Hydropower, California 111
9.12.5 Financial Incentives and Policy Support for Geothermal, California 111
9.12.6 Financial Incentives and Policy Support for Bioenergy, California 112
9.13 Renewable Energy Policy Framework, Nevada 112
9.13.1 Financial Incentives and Policy Support for Renewable Energy Sources, Nevada 112
9.14 Renewable Energy Policy Framework, New Jersey 116
9.14.1 Financial Incentives and Policy Support for Renewable Energy Sources, New Jersey 116
9.14.2 Financial Incentives and Policy Support for Solar, New Jersey 121
10 Solar Thermal Power Market, US, Company Profiles 124
10.1 Company Snapshot: NRG Energy, Inc. 124
10.1.1 NRG Energy, Inc. - Company Overview 124
10.1.2 NRG Energy, Inc. - Business Description 124
10.1.3 NRG Energy, Inc. - SWOT Analysis 125
10.1.4 NRG Energy, Inc. - Major Products and Services 130
10.1.5 NRG Energy, Inc. - Head Office 130
10.2 Company Snapshot: NextEra Energy Resources, LLC 131
10.2.1 NextEra Energy Resources, LLC - Company Overview 131
10.2.2 NextEra Energy Resources, LLC - Business Description 131
10.2.3 NextEra Energy Resources, LLC - SWOT Analysis 132
10.2.4 NextEra Energy Resources, LLC - Major Products and Services 136
10.2.5 NextEra Energy Resources, LLC - Head Office 136
10.3 Company Snapshot: Florida Power & Light Company 137
10.3.1 Florida Power & Light Company - Company Overview 137
10.3.2 Florida Power & Light Company - Business Description 137
10.3.3 Florida Power & Light Company - SWOT Analysis 138
10.3.4 Florida Power & Light Company - Major Products and Services 142
10.3.5 Florida Power & Light Company - Head Office 143
10.4 Company Snapshot: BrightSource Energy, Inc. 144
10.4.1 BrightSource Energy, Inc. - Company Overview 144
10.4.2 BrightSource Energy, Inc. - Major Products and Services 144
10.4.3 BrightSource Energy, Inc. - Head Office 144
10.5 Company Snapshot: Acciona Energia, S.A. 145
10.5.1 Acciona Energia, S.A. - Company Overview 145
10.5.2 Acciona Energia, S.A. - Business Description 145
10.5.3 Acciona Energia, S.A. - SWOT Analysis 146
10.5.4 Acciona Energia, S.A. - Major Products and Services 150
10.5.5 Acciona Energia, S.A. - Head Office 150
11 Appendix 151
11.1 Market Definitions 151
11.2 Abbreviations 152
11.3 Bibliography 152
11.4 Disclaimer 153
List Of Tables
1.1 List of Tables
Table 1: Carbon Dioxide Emissions from Energy Consumption, Global (MT), 2001-2015 13
Table 2: Primary Energy Consumption, Global (Mtoe), 2001-2025 15
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 ($/kWh), 2014-2015 31
Table 10: Solar Thermal Market, Global, Installed Capacity (MW), 2006-2030 34
Table 11: Solar Thermal Power Market, Global, Cumulative Installed Capacity Share by Region (%), 2015 and 2030 36
Table 12: Solar Thermal Power Market, Global, Cumulative Installed Capacity Share by Country (%), 2015 and 2030 38
Table 13: Solar Thermal Power Market, Global, Power Generation (GWh), 2006-2030 40
Table 14: Solar Thermal Market, Global, Generation Share by Country (%), 2015 and 2030 42
Table 15: Power Market, US, Cumulative Installed Capacity by Fuel Type(MW), 2006-2030 45
Table 16: Power Market, US, Cumulative Installed Capacity Split by Source Type (%), 2015 and 2030 47
Table 17: Power Market, US, Power Generation by Fuel Type (GWh), 2006-2030 49
Table 18: Renewable Power Market, US, Cumulative Installed Capacity by Source Type (MW), 2006-2030 53
Table 19: Renewable Power Market, US, Cumulative Installed Capacity Split by Source Type (%), 2015 and 2030 55
Table 20: Renewable Power Market, US, Power Generation by Source Type (GWh), 2006-2030 57
Table 21: Solar Thermal Power Market, US, Installed Capacity (MW), 2006-2030 60
Table 22: Solar Thermal Power Market, US, Power Generation (GWh), 2006-2030 62
Table 23: Solar Thermal Power Market, US, Major Active Plants, 2015 63
Table 24: Solar Thermal Power Market, US, Deal Volume vs. Deal Value ($m), 2006-2015 66
Table 25: Solar Thermal Power Market, US, Deals by Type, 2015 67
Table 26: Renewable Energy Market, US, Production Tax Credit ($/kWh), 2015 70
Table 27: Renewable Energy Market, US, Production Tax Credit, 2015 71
Table 28: Renewable Energy Market, US, Green Power Purchasing Goal (%), 2016-2025 75
Table 29: Renewable Power, US, Renewable Portfolio Standards, State Targets, 2016 80
Table 30: Renewable Energy Market, Washington, Renewable Energy Standards (%), 2012 and onward 90
Table 31: Renewable Energy Market, Washington, Member-Owned Renewable Energy Program Rate ($/kWh), 2010-2017 91
Table 32: Renewable Energy Market, Colorado, Capital Cost Threshold Rates, 2014 95
Table 33: Renewable Energy, Feed-in Tariffs, Marin County - California, 2016 104
Table 34: Renewable Energy, Feed-in Tariffs, Los Angeles - California, 2016 105
Table 35: Renewable Energy Feed-in Tariff Multiplier, Los Angeles - California, 2016 105
Table 36: Renewable Energy Market, California, Go Solar Campaign Program Components, 2007-2016 108
Table 37: Renewable Energy Market, California, California Solar Initiative Program Budget ($m), 2007-2016 108
Table 38: Renewable Energy Market, California, California Solar Initiative Rebate Levels by Incentive Step and Rebate Type, 2012 109
Table 39: Renewable Energy Market, California, California Solar Initiative, Details by Incentive Type, 2013 109
Table 40: Renewable Portfolio Standard, Nevada (%), 2005 and onward 113
Table 41: Renewable Energy Market, New Jersey, Renewable Portfolio Standards (%), 2004 onward 117
Table 42: Solar Alternative Compliance Payment ($/MWh), New Jersey, 2008-2016 122
Table 43: NRG Energy, Inc., Major Products and Services 130
Table 44: NextEra Energy Resources, LLC, Major Products and Services 136
Table 45: Florida Power & Light Company, Major Products and Services 142
Table 46: BrightSource Energy, Inc., Major Products and Services 144
Table 47: Acciona Energia, S.A., Major Products and Services 150
Table 48: Abbreviations 152
List Of Figures
1.2 List of Figures
Figure 1: Power Market, US, Cumulative Installed Capacity by Type of Power Plant (%), 2015 10
Figure 2: Carbon-di-oxide Emissions from Energy Consumption, Global (MT), 2001-2015 12
Figure 3: Global, Primary Energy Consumption, Global (Mtoe), 2001-2025 14
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 ($/kWh), 2014-2015 30
Figure 10: Solar Thermal Market, Global, Installed Capacity (MW), 2006-2030 33
Figure 11: Solar Thermal Power Market, Global, Cumulative Installed Capacity Share by Region (%), 2015 and 2030 35
Figure 12: Solar Thermal Power Market, Global, Cumulative Installed Capacity Share by Country (%), 2015 and 2030 37
Figure 13: Solar Thermal Power Market, Global, Power Generation (GWh), 2006-2030 39
Figure 14: Solar Thermal Market, Global, Generation Share by Country (%), 2015 and 2030 41
Figure 15: Power Market, US, Cumulative Installed Capacity by Fuel Type(MW), 2006-2030 44
Figure 16: Power Market, US, Cumulative Installed Capacity Split by Source Type (%), 2015-2030 46
Figure 17: Power Market, US, Power Generation by Fuel Type (GWh), 2006-2030 48
Figure 18: Renewable Power Market, US, Cumulative Installed Capacity by Source Type (MW), 2006-2030 52
Figure 19: Renewable Power Market, US, Cumulative Installed Capacity Split by Source Type (%), 2015 and 2030 54
Figure 20: Renewable Power Market, US, Power Generation by Source Type (GWh), 2006-2030 56
Figure 21: Solar Thermal Power Market, US, Installed Capacity (MW), 2006-2030 59
Figure 22: Solar Thermal Power Market, US, Power Generation (GWh), 2006-2030 61
Figure 23: Solar Thermal Power Market, US, Deal Volume vs. Deal Value ($m), 2006-2015 65
Figure 24: Solar Thermal Power Market, US, Split by Deal Type (%), 2015 67
Figure 25: Renewable Energy Market, Washington, Renewable Energy Standards (%), 2012 and onward 89
Figure 26: Renewable Energy Market, Nevada, Renewable Portfolio Standards (%), 2005 and onward 113
