Policy Support Re-ignites the US Solar Thermal Market

Summary

The US has good future prospects for solar thermal energy. Many solar thermal plants with high installed capacities are currently under construction and others are in various stages of planning. California is the hub of most of the existing and expected solar thermal installations. This is mainly due to the inherent characteristic of its abundantly available sunny climate, which makes it the leading solar electricity generating state in the US. Solar thermal owes much of its future growth in the US to the support and encouragement from individual state governments; this has led to a boost in the development of solar thermal energy. The reduction in production costs due to technological advancements and supportive government policies, such as federal tax credits, are expected to further contribute to the growth of the solar thermal market in the US.

Scope

- The study overlooks the US solar thermal market and the impact of policy support on it.
- It discusses the US solar thermal market, both historic and forecast installed capacity, during 2001-2013.
- It also briefly discusses the state renewable portfolio standards and policy incentives in the US solar thermal market in 2008.

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1.1 List of Tables 3
1.2 List of Figures 4
2 GlobalData Viewpoint 5
2.1 Summary 5
3 Policy Support Re-ignites the US Solar Thermal Market 6
3.1 Policy Support from the Federal Government 7
3.2 State level Incentives 8
3.3 The US Solar Thermal Market, Key Market Participants 10
3.4 Advent of Spanish Companies in the US Solar Thermal Market 11
4 Appendix 12
4.1 Methodology 12
4.2 Definitions 13
4.2.1 Units of Measure 13
4.2.2 Abbreviations 13
4.3 Contact Us 13
4.4 About GlobalData 13
4.5 Disclaimer 14

List of Tables
Table 1: The US Solar Thermal Market, Historical and Forecast Installed Capacity(MW), 2001-2013 7
Table 2: The US Solar Thermal Market, State Renewable Portfolio Standards and Policy Incentives, 2008 9
Table 3: The US Solar Thermal Market, Key Players 10

List of Figures
Figure 1: The US Solar Thermal Market, Historical and Forecast Installed Capacity(MW), 2001-2013 6
Figure 2: GlobalData Methodology 12

Keywords
News, Analysis, Opinion, Viewpoint, Alternate Energy, Alternative Energy, Renewable Energy, Clean Energy, Clean Tech