Solar Market and Cost Analysis
Agenda
1 Global Solar Deployment
2
U.S. PV Deployment
3
PV System Pricing
4 Global Manufacturing
5 Component Pricing
6 Market Activity
7 U.S. PV Imports
• The California Public Utilities Commission approved
revised net metering rules in December 2022, effective
April 2023, with exported solar energy eventually being
compensated at rates ~75% lower than retail. Unlike the
previous proposal, there are no fixed charges and there is a
transition period.
·
The United States installed 11.2 GWac (13.4 GWdc) of PV in
the first three quarters of 2022-down 9% from the first
three quarters of 2021.
• The United States installed approximately 11.1 GWh (3.7
GWac) of energy storage onto the electric grid in Q1-Q3
2022, +88% (+90%) y/y, as a result of high levels of
residential deployment and grid-scale deployment.
NREL 7View entire presentation