Table of Contents
1 Table of Contents
1 Table of Contents
1.1 List of Tables
1.2 List of Figures
2 Executive Summary
2.1 Global Renewable Power Market to Grow at a Significant Rate – Wind and Solar PV to Lead the Market
2.2 Levelized Cost of Electricity for Renewable Energy Technologies becoming increasingly Competitive with that for Conventional Energy Generation Technologies
2.3 India has the Lowest Levelized Cost of Electricity for Wind and Biomass Power Technology
2.4 Major Countries to Achieve Solar Grid Parity by 2020
3 Introduction
3.1 Report Guidance
4 Levelized Cost of Energy
4.1 Levelized Cost of Energy, Overview
4.2 Retail Cost, Levelized Cost of Electricity and Grid Parity
4.3 Components of Cost of Power Generation
4.3.1 Overnight Capital Cost
4.3.2 Fuel Cost
4.3.3 Operations and Maintenance Costs
4.3.4 Financing Cost
4.3.5 Capacity Factor
4.3.6 Discount Rates
5 Factors Impacting the Cost of Power Generation
5.1 Technology Learning Effect
5.2 CO2 Lifecycle Emissions and the Cost Price
5.2.1 Lifecycle Greenhouse Gas Emissions
5.2.2 Global Initiatives to Reduce Carbon Footprint
5.2.2.1 The Kyoto Protocol and its Implementation Challenges
5.2.2.2 Alternative Initiatives to Reduce Carbon Footprints and their Impact
5.2.2.3 Development of Natural and Artificial Carbon Sequestration Techniques, Energy Efficiency Projects and Renewable Energy Projects
5.2.3 Evolution of Carbon Trading Market
5.2.4 Emission Trading
5.2.4.1 Emergence of Carbon as a New Commodity
5.2.4.2 Carbon Trading Units
5.2.4.3 Commitment Period Reserve
5.3 Capacity Factor
5.4 Fuel Prices
6 Factors Impacting Electricity Prices
6.1 Structural Costs
6.2 Cost of Carbon
6.3 Grid Extension
6.4 Tariff Subsidies
6.5 Fuel Subsidies
7 Levelized Cost of Electricity, Market Dynamics
7.1 Key Trends
7.1.1 LCOE for Solar PV to Decline at a Significant Rate during Forecast Period
7.1.2 Fluctuating Fuel Costs and Increasing Capital Costs of Conventional Technologies are Enhancing the Competitiveness of Renewable Technologies
7.1.3 Grid Parity is Becoming a Reality
8 Power Market Scenario in Major Countries, 2012–2020
8.1 Power Market, Global, Cumulative Installed Capacity, 2012–2020
8.2 Power Market, the US, Cumulative Installed Capacity and Levelized Cost of Electricity, 2012–2020
8.2.1 Power Market, the US, Cumulative Installed Capacity, by Technology, 2012–2020
8.2.2 Power Market, the US, Levelized Cost of Electricity, by Technology, 2012–2020
8.3 Power Market, China, Cumulative Installed Capacity and Levelized Cost of Electricity, 2012–2020
8.3.1 Power Market, China, Cumulative Installed Capacity, by Technology, 2012–2020
8.3.2 Power Market, China, Levelized Cost of Electricity, by Technology, 2012–2020
8.4 Power Market, India, Cumulative Installed Capacity and Levelized Cost of Electricity, 2012–2020
8.4.1 Power Market, India, Cumulative Installed Capacity, By Technology, 2012–2020
8.4.2 Power Market, India, Levelized Cost of Electricity, by Technology, 2012–2020
8.5 Power Market, Germany, Cumulative Installed Capacity and Levelized Cost of Electricity, 2012–2020
8.5.1 Power Market, Germany, Cumulative Installed Capacity, by Technology, 2012–2020
8.5.2 Power Market, Germany, Levelized Cost of Electricity, by Technology, 2012–2020
8.6 Power Market, the UK, Cumulative Installed Capacity and Levelized Cost of Electricity, 2012–2020
8.6.1 Power Market, the UK, Cumulative Installed Capacity, by Technology, 2012–2020
8.6.2 Power Market, the UK, Levelized Cost of Electricity, by Technology, 2012–2020
8.7 Power Market, Australia, Cumulative Installed Capacity and Levelized Cost of Electricity, 2012–2020
8.7.1 Power Market, Australia, Cumulative Installed Capacity, by Technology, 2012–2020
8.7.2 Power Market, Australia, Levelized Cost of Electricity, by Technology, 2012–2020
9 Power Market, Cost of Power Generation, Comparative Analysis in Major Countries
9.1 Power Market, Levelized Cost of Electricity Range, Comparative Analysis, By Technology, 2012
9.1.1 Power Market, the US, Levelized Cost of Electricity Range, by Technology, 2012
9.1.2 Power Market, China, Levelized Cost of Electricity Comparison, by Technology
9.1.3 Power Market, India, Levelized Cost of Electricity Range, by Technology, 2012
9.1.4 Power Market, Germany, Levelized Cost of Electricity Range, by Technology, 2012
9.1.5 Power Market, the UK, Levelized Cost of Electricity Range, by Technology, 2012
9.1.6 Power Market, Australia, Levelized Cost of Electricity Range ($/kWh), By Technology, 2012
9.2 Renewable Power Market, Levelized Cost of Electricity, by Country, 2012
9.2.1 Biomass Power Market, Global, Levelized Cost of Electricity in Major Countries
9.2.1.1 Biomass Power Market, Global, Levelized Cost of Electricity in Major Countries, Comparative Analysis, 2012
9.2.1.2 Biomass Power Market, the US, Levelized Cost of Electricity ($/kWh), 2011–2020
9.2.1.3 Biomass Power Market, China, Levelized Cost of Electricity ($/kWh), 2011–2020
9.2.1.4 Biomass Power Market, India, Levelized Cost of Electricity ($/kWh), 2011–2020
9.2.1.5 Biomass Power Market, Germany, Levelized Cost of Electricity ($/kWh), 2011–2020
9.2.1.6 Biomass Power Market, the UK, Levelized Cost of Electricity, 2011–2020
9.2.1.7 Biomass Power Market, Australia, Levelized Cost of Electricity ($/kWh), 2011–2020
9.2.2 Solar PV Power Market, Global, Levelized Cost of Electricity in Major Countries, 2011–2020
9.2.2.1 Solar PV Power Market, Global, Levelized Cost of Electricity in Major Countries, Comparative Analysis, 2012
9.2.2.2 Solar PV Power Market, the US, Levelized Cost of Electricity, 2011–2020
9.2.2.3 Solar PV Power Market, China, Levelized Cost of Electricity, 2011–2020
9.2.2.4 Solar PV Power Market, India, Levelized Cost of Electricity, 2011–2020
9.2.2.5 Solar PV Power Market, Germany, Levelized Cost of Electricity, 2011–2020
9.2.2.6 Solar PV Power Market, the UK, Levelized Cost of Electricity, 2011–2020
9.2.2.7 Solar PV Power Market, Australia, Levelized Cost of Electricity, 2011–2020
9.2.3 Wind Power Market, Global, Levelized Cost of Electricity in Major Countries, 2011–2020
9.2.3.1 Wind Power Market, Global, Levelized Cost of Electricity in Major Countries, Comparative Analysis, 2012
9.2.3.2 Wind Power Market, the US, Levelized Cost of Electricity, 2011–2020
9.2.3.3 Wind Power Market, China, Levelized Cost of Electricity, 2011–2020
9.2.3.4 Wind Power Market, India, Levelized Cost of Electricity ($/kWh), 2011–2020
9.2.3.5 Wind Power Market, Germany, Levelized Cost of Electricity ($/kWh), 2011–2020
9.2.3.6 Wind Power Market, the UK, Levelized Cost of Electricity, 2011–2020
9.2.3.7 Wind Power Market, Australia, Levelized Cost of Electricity, 2011–2020
9.3 Thermal Power Market, Levelized Cost of Electricity, by Country, 2012
9.3.1 Coal-fired Power Market, Global, Levelized Cost of Electricity in Major Countries, 2011–2020
9.3.1.1 Coal-fired Power Market, Global, Levelized Cost of Electricity in Major Countries, Comparative Analysis, 2012
9.3.1.2 Coal-fired Power Market, the US, Levelized Cost of Electricity, 2011–2020
9.3.1.3 Coal-fired Power Market, China, Levelized Cost of Electricity, 2011–2020
9.3.1.4 Coal-fired Power Market, India, Levelized Cost of Electricity, 2011–2020
9.3.1.5 Coal-fired Power Market, Germany, Levelized Cost of Electricity, 2011–2020
9.3.1.6 Coal-fired Power Market, the UK, Levelized Cost of Electricity, 2011–2020
9.3.1.7 Coal-fired Power Market, Australia, Levelized Cost of Electricity, 2011–2020
9.3.2 Gas-fired Power Market, Global, Levelized Cost of Electricity in Major Countries, 2011–2020
9.3.2.1 Gas-fired Power Market, Global, Levelized Cost of Electricity in Major Countries, Comparative Analysis, 2012
9.3.2.2 Gas-fired Power Market, the US, Levelized Cost of Electricity, 2011–2020
9.3.2.3 Gas-fired Power Market, China, Levelized Cost of Electricity, 2011–2020
9.3.2.4 Gas-fired Power Market, India, Levelized Cost of Electricity, 2011–2020
9.3.2.5 Gas-fired Power Market, Germany, Levelized Cost of Electricity, 2011–2020
9.3.2.6 Gas-fired Power Market, the UK, Levelized Cost of Electricity, 2011–2020
9.3.2.7 Gas-fired Power Market, Australia, Levelized Cost of Electricity, 2011–2020
10 Appendix
10.1 Market Definition
10.1.1 Technologies Covered
10.1.2 Geographies Covered
10.1.3 Major Definitions
10.2 Assumptions
10.3 Abbreviations
10.4 References
10.5 Methodology
10.5.1 Coverage
10.5.2 Secondary Research
10.5.3 Primary Research
10.5.4 Expert Panel Validation
10.6 Contact Us
10.7 Disclaimer