In total, the global solar photovoltaic (PV) market grew to at least 5.5 Gigawatts (GWs) in 2008, compared to 2.4 GW in 2007, according to the European Photovoltaic Industry Association (EPIA). This year, experts believe the market could reach up to 7 GW, according to the EPIA (Brussels, Belgium).
In 2008, the installed capacity totaled almost 15 GW, compared to 9 GW in 2007, according to the EPIA.
1. Spain – 2,511MW
2. Germany – 1,500MW
3. USA – 342MW
4. South Korea – 274MW
5. Italy – 258MW
6. Japan – 230MW
7. Czech Republic – 51MW
8. Portugal – 50MW
9. Belgium – 48MW
10. France – 46MW
I have put together a chart to show conventional electricity cost converted into dollar per watt for grid-parity. Currently with cost of grid-tie system is as low as $5.44/w installed (http://www.dmsolar.com) it is obviously to see that Hawaii and California already reaches grid-parity. By 2009 grid-tie system cost will be at $4.77/w, $3.79/w in 2010 and $3.28/w by 2011.
In three years 16 states shall reach grid-parity. Electricity Grid-Parity States Cost ¢/kWh $/Watt
HAWAII 18.10 $7.31
CALIFORNIA 12.50 $5.27
NEW YORK 14.50 $4.33
NEVADA 9.70 $4.09
ARIZONA 8.70 $3.97
TEXAS 9.70 $3.92
MAINE 12.20 $3.86
RHODE ISLAND 12.20 $3.86
VERMONT 12.90 $3.85
NEW JERSEY 11.20 $3.74
NEW HAMPSHIRE 12.50 $3.73
CONNECTICUT 11.60 $3.67
MASSACHUSETTS 11.80 $3.52
FLORIDA 9.00 $3.48
COLORADO 8.40 $3.25
IOWA 9.00 $3.16
ALASKA 12.40 $3.05
UTAH 7.20 $3.04
NORTH CAROLINA 8.50 $2.99
KANSAS 7.70 $2.98
OKLAHOMA 7.70 $2.98
WYOMING 7.20 $2.91
MISSISSIPPI 8.20 $2.88
WISCONSIN 9.10 $2.88
PENNSYLVANIA 9.60 $2.87
LOUISIANA 8.10 $2.85
SOUTH CAROLINA 8.10 $2.85
NEBRASKA 7.00 $2.83
ILLINOIS 8.40 $2.80
GEORGIA 7.90 $2.78
SOUTH DAKOTA 7.70 $2.71
ALABAMA 7.60 $2.67
VIRGINIA 8.00 $2.67
MONTANA 7.90 $2.64
DELAWARE 7.80 $2.60
MARYLAND 7.80 $2.60
ARKANSAS 7.40 $2.60
OHIO 8.50 $2.54
OREGON 7.20 $2.53
MINNESOTA 7.90 $2.50
MICHIGAN 8.30 $2.48
MISSOURI 7.00 $2.46
INDIANA 7.30 $2.31
TENNESSEE 6.90 $2.30
NORTH DAKOTA 6.80 $2.27
IDAHO 6.10 $2.14
WASHINGTON 6.40 $2.14
KENTUCKY 6.10 $2.04
WEST VIRGINIA 6.20 $1.85
About the Author:
dmsolar, a Florida-based company, is a global leader in solar energy products. Visit www.dmsolar.com for details.
Article Source: ArticlesBase.com – Grid Parity
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