Renewable Distributed Energy GenerationDistributed Solar Photovoltaics, Small Wind Power, and Stationary Fuel Cells: Demand Drivers and Barriers, Technology Issues, Competitive Landscape, and Global Market Forecasts
Renewable Distributed Energy GenerationDistributed Solar Photovoltaics, Small Wind Power, and Stationary Fuel Cells: Demand Drivers and Barriers, Technology Issues, Competitive Landscape, and Global Market Forecasts
The global electric power industry is evolving from a financial and
engineering model that relies on large centralized power plants owned by the
utilities to one that is more diverse - both in sources of generation and
ownership of the generation assets. Renewable distributed energy generation
(RDEG) technologies represent a growing part of the new model for the electric
power industry. Like any emerging industry, new policies and standards must be
developed and practiced before the market can mature. Worldwide, utility
companies and policy makers are testing programs and business models to
support this industry. RDEG stands in contrast to the traditional one-way
power supply, as well as the traditional relationship utilities have with
their customers. The transition to a more distributed system of power
generation will require the evolution of both technologies and business
practices.
Overall, RDEG makes up a very small part of the current global electric power
generation capacity but has the potential to play a much larger role in the
future. While Europe and the United States are the largest markets for RDEG
today, there is a growing movement to developing countries where electricity
costs are high large percentages of the populations are without access to
electricity. Pike Research's analysis indicates that Europe will continue to
be the largest market for RDEG during the 2012-2017 forecast period, but Asia
Pacific will see the most rapid market growth across the three technologies
covered in this report.
This Pike Research report explores the global market opportunity for RDEG
technologies including distributed solar PV, small wind power, and stationary
fuel cells. The report analyzes technology issues, demand drivers and
barriers, and policy factors around the world that are influencing the
adoption of RDEG technologies. The study includes an assessment of key
industry players in each of the three major market segments, as well as
detailed market forecasts through 2017 for installed capacity and revenue,
segmented by world regions and major countries.
Key Questions Addressed:
What are the key regions for growth of RDEG technologies?
How will the reduction in price supports for renewables in Europe affect
distributed generation?
How will the residential solar lease model affect solar PV installations
in the U.S.?
What are the tradeoffs between centralized renewable power generation
systems versus distributed architectures?
What enabling technologies are required for RDEG technologies to scale
cost effectively?
How much will RDEG technologies cost in 2017?
Who needs this report?
Solar PV, small wind, and fuel cell technology providers
Distribution, installation and service providers
Government agencies and policy development advisors
Industry associations
Nonprofit organizations
Investor community
Utilities
Research Methodology
Pike Research's industry analysts utilize a variety of research sources in
preparing Research Reports. The key component of Pike Research's analysis is
primary research gained from phone and in-person interviews with industry
leaders including executives, engineers, and marketing professionals.
Analysts are diligent in ensuring that they speak with representatives from
every part of the value chain, including but not limited to technology
companies, utilities and other service providers, industry associations,
government agencies, and the investment community.
Additional analysis includes secondary research conducted by Pike Research's
analysts and its staff of research assistants. Where applicable, all
secondary research sources are appropriately cited within the Pike Research's
reports.
These primary and secondary research sources, combined with the analyst's
industry expertise, are synthesized into the qualitative and quantitative
analysis presented in Pike Research's reports. Great care is taken in making
sure that all analysis is well-supported by facts, but where the facts are
unknown and assumptions must be made, analysts document their assumptions and
are prepared to explain their methodology, both within the body of a report
and in direct conversations with clients.
About Pike Research
Pike Research, a part of Navigant Consulting's global Energy Practice, is a
market research and consulting team that provides in-depth analysis of global
clean technology markets. The team's research methodology combines supply-side
industry analysis, end-user primary research and demand assessment, and deep
examination of technology trends to provide a comprehensive view of these
industry sectors.
Table of Contents
Table of Contents
1. Executive Summary
1.1. A Brief History
1.2. RDEG Market Growth: Distributed Solar PV, Small Wind, Stationary Fuel
Cells
1.3. The Future of Distributed Generation
1.4. Key Trends in RDEG
2. Market Issues
2.1. Defining the Market
2.2. What Is Distributed Energy Generation?
2.3. Solar Power Systems
2.4. Small Wind Systems
2.5. Stationary Fuel Cells
2.6. Market Overview of RDEG Technologies: Distributed Solar PV, Small
Wind, Stationary Fuel Cells
2.7. Distributed Solar PV Market Overview & Key Trends
2.7.1. Distributed Generation Can Still Mean Thinking Big
2.7.2. Distributed Solar Gains Public and Political Traction versus
Centralized Solar
2.7.3. Solar PV Reaching Grid Parity
2.7.4. Small Wind Systems Market Overview and Key Trends
2.7.5. Investment Dollars Drive Technological Development and Market
Expansion
2.7.6. Focus of Leading SWT Companies Shifts from the U.S. to the U.K.
Market
2.8. Other Industry Growth Drivers across All RDEG Technologies
2.8.1. Legislative and Regulatory Mandates
2.8.2. Financial Incentives and Public Policies
2.8.2.1. Public Utilities Regulatory Policies Act
2.8.2.2. Grants
2.8.2.3. Interconnection and Permitting Standards
2.8.2.4. Loan Programs
2.8.2.5. Net Metering Policies
2.8.2.6. Property Tax Incentives
2.8.2.7. Public Benefit Funds
2.8.2.8. Rebate Programs
2.8.2.9. Sales Tax Incentives
2.8.2.10. Renewable Energy Certificates
2.8.3. Asset Ownership
2.8.4. Energy Storage
2.8.5. Microgrids
2.9. Implementation Issues
2.9.1. Grid Interconnection
2.9.2. Grid Integrity and Safety
2.9.3. Standards and Permitting
2.9.4. Utilities' Fear of Higher Penetration of Renewables
2.9.5. Aligning the Product with Market Need
3. Technology Issues
3.1. Photovoltaic Systems
3.1.1. Basic Principles
3.1.2. PV Cell Types
3.1.2.1. Crystalline
3.1.2.2. Thin-Film
3.1.2.3. Low-Cost Polysilicon
3.1.3. Efficiency
3.1.4. Reliability
3.1.5. Scalability
3.1.6. Availability
3.1.7. Technology Trend: Micro Inverters, AC Modules, and DC Optimizers
3.1.7.1. Microinverters and AC Panels
3.2. Wind Systems
3.2.1. History
3.2.2. Basic Principles
3.2.3. Types
3.2.3.1. Horizontal Axis
3.2.3.2. Vertical Axis
3.2.4. Cost
3.2.5. Efficiency
3.2.6. Reliability
3.2.7. Scalability
3.2.8. Availability
3.3. Stationary Fuel Cells
3.3.1. Introduction
3.3.2. Background to the Technology
3.3.3. Differences between Fuel Cells
3.3.4. Cost of Fuel Cell Systems
3.3.5. Types of Fuel Cells
3.3.5.1. PEM
3.3.5.2. SOFCs
3.3.5.3. PAFCs and MCFCs
3.3.6. Durability
3.3.7. Standardization
3.4. RDEG Applications
3.4.1. Residential
3.4.2. Commercial/Retail
3.4.3. Government and Institutions
3.4.4. Farms
3.4.5. Telecom Primary and Backup Power
3.4.6. Marine, Remote Monitoring, and Security
3.4.7. Hybrid Systems
3.4.8. Community Projects
3.4.8.1. Community Wind
3.4.8.2. Solar Gardens and Solar Farms
3.5. Grid-Tied versus Off-Grid Installations
4. Demand Drivers
4.1. RDEG Market Drivers
4.1.1. Renewable Energy Targets, Distributed Carve-outs
4.1.1.1. North America
4.1.1.2. Europe
4.1.1.3. Asia Pacific
4.1.2. Feed-in Tariffs
4.1.2.1. North America
4.1.2.2. Europe
4.1.2.3. Asia Pacific
4.2. Distributed Solar PV Market Drivers
4.2.1. Dramatic Cost and Price Reductions
4.2.1.1. Solar Modules
4.2.2. Inverter and Balance of System
4.2.3. Solar PV Leases and Power Purchase Agreements
4.3. Stationary Fuel Cell Drivers
4.4. The Power of Partnerships
4.4.1. Callux - Development of Fuel Cell resCHP
4.4.2. Denmark: Danish Fuel Cell Partnership
4.4.3. Ene-Farm Program
4.5. Small Wind Market Drivers
5. Market Forecasts
5.1. Worldwide Renewable Distributed Energy Generation
5.1.1. Distributed Solar PV Systems
5.1.2. North America
5.1.3. European Union
5.1.4. Asia Pacific
5.1.5. Rest of World
5.2. Small Wind Systems
5.2.1. Europe
5.2.2. North America
5.2.3. Asia Pacific
5.2.4. Rest of World
5.3. Stationary Fuel Cells
5.3.1. Asia Pacific
5.3.2. North America
5.3.3. Europe
5.3.4. Africa
5.3.5. Latin America
6.. Competitive Landscape
6.1. Solar PV Manufacturers
6.1.1. First Solar
6.1.2. JA Solar
6.1.3. REC Solar
6.1.4. SunPower
6.1.5. Suntech
6.1.6. Yingli Solar
6.2. Solar PV Installers and Service Providers
6.2.1. SolarCity
6.2.2. SunEdison
6.2.3. Sungevity
6.2.4. SunRun
6.3. Small Wind Systems
6.4. Key Players
6.4.1. Bergey Wind Power
6.4.2. Endurance Energy
6.4.3. Northern Power Systems
6.4.4. Southwest Windpower
6.4.5. Wind Turbine Industries Corporation
6.5. Stationary Fuel Cell Companies
6.5.1. Altergy
6.5.2. Ballard Fuel Cell
6.5.3. Bloom Energy
7. Company Directory
8. Acronym and Abbreviation List
9. Table of Contents
10. Table of Charts and Figures
11. Scope of Study, Sources and Methodology, Notes
List of Charts and Figures
Annual RDEG Installed Capacity by Region, World Markets: 2011 and 2012
Annual Distributed Solar PV Installed Capacity and Revenue by Region,
World Markets: 2009-2011
Distributed Solar PV System Installed Capacity by Size, Italy: 2011
Distributed Solar PV System Installed Capacity by Size, Germany: 2010 and
2011
Annual Small Wind Turbine Installed Capacity and Revenue by Region, World
Markets: 2009-2011
Capacity of Small Wind Turbine Installations by Size, United Kingdom:
2005-2011
Small Wind Turbine Installations by Size, United Kingdom: 2005-2011
Annual Stationary Fuel Cell Installed Capacity by Region, World Markets:
2011
Stationary Fuel Cell Installed Capacity by Application, World Markets: 2011
Distributed Solar PV System Price Declines (Non-Weighted Average) by
Component, World Markets: 2006-2017
Annual RDEG Installed Capacity and Revenue by Region, World Markets:
2012-2017
Annual Distributed Solar PV Capacity by Country, North America: 2012-2017
Annual Distributed Solar PV Installed Capacity by Country, Europe:
2012-2017
Annual Distributed Solar PV Installed Capacity by Country, Asia Pacific:
2012-2017
Annual Distributed Solar PV Installed Capacity by Country, Europe:
2012-2017
Annual Distributed Solar PV Installed Capacity by Country, Asia Pacific:
2012-2017
Annual Small Wind System Installed Capacity by Region, World Markets:
2012-2017
Annual Small Wind Turbine Installed Capacity by Region, U.S., U.K., and
Rest of World: 2012-2017
Annual Stationary Fuel Cell Installed Capacity by Region, World Markets:
2012-2017
Annual Installed Capacity of Distributed Solar PV by Region: 2009-2011
Annual Installed Capacity of Distributed Solar PV by Region: 2012-2017
Annual Solar PV System Installed Price by Region, World Markets: 2009-2017
Annual Small Wind System Installed Capacity, World Markets: 2009-2011
Annual Small Wind System Installed Capacity, World Markets: 2012-2017
Average Small Wind Turbine Installed Price, World Markets: 2009-2017
Comparing Current Status of Distributed Solar PV and Centralized Solar
Projects in California
Solar PV Approaching Grid Parity
German Utility Meets More than 100% of Load with Solar and Wind on May 8,
2011
Photovoltaic Cells
Module-level Power Management
Basic Wind Turbine Designs
Representative Global Deployments of Telecom Backup Power by Technology
Renewable Portfolio Standards by U.S. State
Solar PV Inverter Price Declines by Manufacturer, Market Leaders: 2009-2011
Cost Comparison of Residential Solar PV Installation Costs, United States
and Germany ($/Peak W): 2011
Levelized Cost Breakdown of Conventional Ground-Mounted PV System in the
United States
List of Tables
Distributed Energy Generation Technology Comparison
PV Strengths and Weaknesses
Wind System Strengths and Weaknesses
Stack Components Cost Breakdown (PEM Technologies), World Markets: 2011
Price Summary for Small Wind Feed-in Tariffs by Region and Size, World
Markets: 2011
Annual Installed RDEG Capacity by Industry, World Markets: 2009-2017
Annual Installed RDEG Revenue by Industry, World Markets: 2009-2017
Annual Installed Capacity of Distributed Solar PV by Region, World
Markets: 2009-2017
Annual Installed Capacity of Stationary Fuel Cells by Region, World
Markets: 2009-2017
Annual Installed Capacity of Small Wind Turbines by Region, World Markets:
2009-2017
Annual RDEG Installed Capacity by Region, World Markets: 2009-2017
Annual Installed Distributed Solar PV by Region, World Markets: 2009-2017
Solar PV System Prices (Non-Weighted Average) by Component, World Markets:
2006-2017
Average Solar PV Installed Prices by Region, World Markets: 2009-2017
Distributed Solar PV Revenues by Region, World Markets: 2009-2017
Small Wind Systems Average Installed Price and Revenues, World Markets:
2009-2017
Small Wind System Installed Capacity Additions by Region, World Markets:
2009-2017
Small Wind Turbine Annual Revenue by Region, Select Countries: 2009-2017
Small Wind Turbine Annual Installed Capacity by Region, Select Regions:
2009-2017
Stationary Fuel Cell Installed Capacity by Application, World Markets:
2011-2017
Stationary Fuel Cell Revenue by Region of Manufacture, World Markets:
2011-2017
Estimated Annual Stationary Fuel Cell Capacity by Region of Adoption,
World Markets: 2011-2017
Cumulative Distribution of Solar PV System Sizes Installed by Number and
Capacity, Italy: 2010 and 2011
Distribution of Solar PV System Sizes Installed by Number, Capacity, and
Percentage, Italy: 2011
Capacity of Solar PV Installed by State and System Size, Germany: 2011
Capacity of Solar PV Installed by State and System Size, Germany: 2010
Capacity of Small Wind Turbine Installations by Size, United Kingdom:
2005-2011
Number of Small Wind Turbine Installations by Size, United Kingdom:
2005-2011
Top Small Wind Turbine Manufacturers by Kilowatts Sold, World Markets: 2009
Top Wind Turbine Manufacturers by Number of Turbines Sold, World Markets
Renewable Distributed Energy GenerationDistributed Solar Photovoltaics, Small Wind Power, and Stationary Fuel Cells: Demand Drivers and Barriers, Technology Issues, Competitive Landscape, and Global Market Forecasts published by Navigant Research (formerly Pike Research) in August 2, 2012. This report consists of 113 Pages and the price starts from US $ 3900.
The contents of this page may be different from the latest version. Please contact us for details.
Press Release
Renewable Distributed Energy Generation Installations Will Reach Nearly $86 Billion in Market Value by 2017
December 13th, 2012
Global Information Inc. would like to present a new market research report, "Renewable Distributed Energy GenerationDistributed Solar Photovoltaics, Small Wind Power, and Stationary Fuel Cells: Demand Drivers and Barriers, Technology Issues, Competitive Landscape, and Global Market Forecasts" by Navigant Research (formerly Pike Research).
Renewable distributed energy generation (RDEG) technologies, which contrast sharply with the traditional centralized utility model of large-scale power generation, represent a growing opportunity for the electric power industry. Worldwide, utility companies, investors, and policymakers are testing programs and business models to support this industry. According to a recent report from Pike Research, a part of Navigants Energy Practice, the RDEG market will grow from less than $69 billion in market value in 2012 to nearly $86 billion in 2017.
"The global electric power industry is evolving from a financial and engineering model that relies on large centralized power plants owned by the utilities to one that is more diverse - both in sources of generation and ownership of the generation assets," says research analyst Dexter Gauntlett. "This transition to a more distributed system of power generation will require the evolution of both technologies and business practices. Like any emerging industry, new policies and standards must be developed and practiced before the market can mature."
The new RDEG model and traditional, centralized systems are not necessarily mutually exclusive, and the former is still in its early stages. RDEG installations today represent less than 1 percent of total electricity generating capacity installed worldwide, according to the report. In a growing number of cases around the world, however, RDEG technologies are more cost-effective than centralized installations that require transmission to population centers. Europe will continue to be the largest market for RDEG during the 2012-2017 forecast period, with most countries expected to hit their renewable energy targets, the study finds, but Asia Pacific, led by China, will grow the fastest as untapped domestic markets for RDEG installations emerge.
The report, "Renewable Distributed Energy Generation", explores the global market opportunity for RDEG technologies including distributed solar PV, small wind power, and stationary fuel cells. The report analyzes technology issues, demand drivers and barriers, and policy factors around the world that are influencing the adoption of RDEG technologies. The study includes an assessment of key industry players in each of the three major market segments, as well as detailed market forecasts through 2017 for installed capacity and revenue, segmented by world regions and major countries.
