The U.S. is expected to deploy 77.3 GW of distributed renewables, especially solar photovoltaics, distributed wind power and biogas, between 2016 and 2025, according to a new report from Navigant Research.
“The deployment of distributed renewables in the U.S. is heavily concentrated in a few states, and the top 10 markets are expected to deploy 89 percent of new capacity,” says Roberto Rodriguez Labastida, senior research analyst with Navigant Research.
“As distributed renewables continue to evolve from their identity as fringe generation resources to become the workhorse of the power sector, it is important that all electricity sector stakeholders execute a new strategy around renewables in order to remain relevant.”
The report adds that in addition to utility strategy, regulatory policies affect the deployment of distributed renewables, as well. Tax credits that help reduce the upfront cost of the investment and renewables mandates that increase the value of the electricity produced by renewable sources will likely be phased out, while policies such as net metering may be altered to ensure that they reflect the true value of distributed renewables.
The report, U.S. Distributed Renewables Deployment Forecast, analyzes the U.S. market for distributed renewables and the market issues, including policy and technology trends. The report also examines the key inflection points, as well as the cost trends, business models and implications for grid integration, related to distributed renewables in the U.S.
