Advanced Energy Perspectives

Solar PV Sets New Records Nationally and Globally

Posted by Frank Swigonski

Aug 1, 2017 4:46:03 PM

This post is one in a series of feature stories on trends that shape advanced energy markets in the U.S. and around the world. It is drawn from Advanced Energy Now 2017 Market Report, which was prepared for AEE by Navigant Research.

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In 2016, the solar PV industry set a record with an estimated 77.2 GW of new capacity installed around the world – 52% above 2015’s installation figure of 51 GW.[1] That does not mean the year was an easy one for the industry. Pricing pressure on manufacturers and developers alike kept revenue growth from matching the rate of deployment. Still, the global market grew 35% in 2016, to $131.8 billion.

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Topics: Advanced Energy Now

Natural Gas Fueling Stations Continue Slow Buildout

Posted by Frank Swigonski

Jul 25, 2017 11:10:00 AM

This post is one in a series of feature stories on trends that shape advanced energy markets in the U.S. and around the world. It is drawn from Advanced Energy Now 2017 Market Report, which was prepared for AEE by Navigant Research.

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In the early part of this decade, the deployment of non-traditional methods of natural gas extraction, especially hydraulic fracturing, both dramatically increased the availability of this fuel and drove down the price, making it a possible alternative to other fuels not only for power generation but also for transportation. The prospect of lower operating cost made it seem that NGVs could be a good solution for larger vehicle types (and vehicle fleets), despite higher purchase prices.

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Topics: Advanced Energy Now

U.S. Gas Market Disrupts Coal, Plays Increasing Role in Global Markets

Posted by Frank Swigonski

Jul 19, 2017 6:35:07 PM

This post is one in a series of feature stories on trends that shape advanced energy markets in the U.S. and around the world. It is drawn from Advanced Energy Now 2017 Market Report, which was prepared for AEE by Navigant Research.

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Historically, the United States has imported large quantities of natural gas, mostly from Canada. In 2005 alone, the United States imported 4 trillion cubic feet of this fuel. But hydraulic fracturing has resulted in an abundance of domestic natural gas supply. The U.S. Energy Information Administration (EIA) expects the country to become a net exporter of natural gas in 2017 for the first time since 1958, citing declining pipeline imports from Canada, increased pipeline exports to Mexico, and greater LNG exports elsewhere. By 2026, EIA projects U.S. exports at 4 trillion cubic feet even if oil prices remain at current lows.

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Topics: Advanced Energy Now

CHP Provides Onsite Power for Industrial Customers, and Others

Posted by Frank Swigonski

Jul 12, 2017 2:17:28 PM

This post is one in a series of feature stories on trends that shape advanced energy markets in the U.S. and around the world. It is drawn from Advanced Energy Now 2017 Market Report, which was prepared for AEE by Navigant Research.

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A CHP system at the University of Arizona.

For roughly a century, CHP systems have been reliable, cost-effective sources of power and thermal energy in both industrial and commercial building applications. Representing as much as 8% of U.S. electricity generation, CHP systems are used widely in manufacturing, hospitals, district heating, commercial buildings, and even residential applications.

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Topics: Advanced Energy Now

Biofuels Meet Targets

Posted by Frank Swigonski

Jun 27, 2017 6:26:12 PM

This post is one in a series of feature stories on trends that shape advanced energy markets in the U.S. and around the world. It is drawn from Advanced Energy Now 2017 Market Report, which was prepared for AEE by Navigant Research.

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Global biofuel markets are driven by a unique elixir of national annually adjusted production targets, oil prices, and desire for energy independence. Biofuels have endured more than a decade of scrutiny for everything ranging from subsidies to environmentalist concerns to possible impacts on food prices. Despite all of this, biofuels have proven a resilient global market led by the United States and Brazil. Revenue from ethanol production dropped dramatically in 2016 – down to $37 billion globally, and to $20.6 billion in the United States – as ethanol prices have fallen in competition with low-priced oil (see figure below). In both worldwide and U.S. markets, ethanol revenue hit its lowest point in the six years Navigant Research has been tracking the industry. In addition to the low oil prices, and resulting low gasoline prices, low corn prices contributed to the decline in ethanol pricing. Corn prices also fell to the lowest in a decade in October 2016, right after the U.S. corn harvest ended.

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Topics: Advanced Energy Now

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