Distributed Solar Energy Generation - Market Drivers And Barriers, Technology Trends, And Global Market Forecasts
NEW YORK, April 9, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
Distributed Solar Energy Generation - Market Drivers and Barriers, Technology Trends, and Global Market Forecasts http://www.reportlinker.com/p01158105/Distributed-Solar-Energy-Generation---Market-Drivers-and-Barriers-Technology-Trends-and-Global-Market-Forecasts.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Solar_Photovoltaic
Distributed solar photovoltaic (PV) systems offer the benefit of producing electricity onsite, thereby reducing the need to build new transmission capacity and avoiding line losses. Distributed generation can offer significant benefits to consumers while adding resiliency to an electric grid based on a traditional centralized model. These systems are used in applications ranging from residential to small commercial to industrial use. Though this market is still primarily driven by government incentives, distributed solar PV will continue its steady march toward grid parity in major markets over the next few years.
The global distributed solar photovoltaic market contracted slightly in 2012, due to reduced market activity in Italy and Germany. However, growth in the United States, China, Japan, and other countries continued, driven by solar PV module price reductions, the growth of third-party financing models, and feed-in tariffs. Navigant Research forecasts that, from 2013 to 2018, 220 GW of distributed solar PV will be installed worldwide, representing $540.3 billion in revenue.This Navigant Research report analyzes the global market for distributed solar PV systems less than 1 MW in capacity and provides an assessment of the most important market drivers, technology trends, and challenges faced by the growing distributed solar PV industry. Forecasts for average installed prices and annual installations, segmented by region, extend through 2018. Key Questions Addressed: • Which countries will lead in distributed solar PV development over the next 6 years – and why?• What is the current status and outlook for distributed solar PV financial incentives?• How much does it cost to install distributed solar PV in major markets?• How is technological innovation playing a role in the development of the distributed solar PV industry?• What key barriers and opportunities will shape the distributed solar PV market?• How much capital will be invested in total distributed solar PV installations by 2018?• What is the forecast through 2018 for annual distributed solar PV installations, in terms of capacity, broken down by region?• How will average prices for distributed solar PV change over the next 4 years?
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