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  • Wednesday, April 17, 2013

    TOP UTILITIES FOR NEW ENERGY

    2012 SEPA Top 10 Utility Solar Rankings Preview; Large-scale Solar Projects Drive New Market Growth

    April 16, 2013 (Solar Electric Power Association)

    "The Solar Electric Power Association’s (SEPA) sixth annual Utility Solar Rankings report analyzes the amount of new solar power interconnected by U.S. electric utilities in 2012. It covers more than 260 of the most solar-active utilities, representing more than 96 percent of the national U.S. solar electric power market...Three key trends emerged from the data...

    "...[1] Annual solar capacity surpassed 2 gigawatts for the first time in 2012...Utilities integrated almost 2.4 gigawatts (GW-ac) or 2,384 megawatts (MW-ac) of solar electric capacity in 2012. This is equivalent to the construction of 8 natural gas combined cycle power plants. The U.S. now has more than 300,000 solar projects and almost 6.1 GW-ac installed across the country."

    "...[2] Utilities purchased more than 1 gigawatt of large-scale solar. The market share for large-scale solar projects (> 5 MW) was 1,106 MW or 46 percent of all annual solar capacity, a growth of almost 250 percent over 2011. This wholesale market segment encompassed more than 70 photovoltaic (PV) projects, including Pacific Gas and Electric’s purchase of the largest solar PV project in the world, the 250 MW Agua Caliente project. Utilities owned 12 percent and purchased the remaining 88 percent through power purchase agreements. No concentrating solar power (CSP) projects were completed in 2012, but at least six projects totaling 750 megawatts are anticipated in 2013...

    "...[3] Customer-sited solar remains a large part of the solar market. Net metered projects, effectively the customer-facing part of the market, accounted for more than 99 percent of the number of installed systems in 2012. Utilities interconnected nearly 90,000 net metered projects totaling 1,151 MW-ac last year, representing a 46 percent growth over 2011. There are currently about 3.5 GW of net metered projects in the country, approximately 80 percent of which are concentrated in five states – California, New Jersey, Arizona, Hawaii and Massachusetts."

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