Aug. 16, 2007: Renewable Energy Gained U.S. Market Share in 2005
The EIA report is actually a compilation of four reports, which examine overall renewable energy trends, shipments of solar energy collectors, shipments of geothermal heat pumps, and trends in green pricing and net metering programs. The solar collector report notes that domestic shipments of solar thermal collectors increased by 10.4 percent, while exports grew by 67.4 percent. For solar cells and modules, domestic shipments surged by 72 percent, but exports fell 10 percent as U.S. manufacturers focused on the growing domestic market. Foreign companies also zeroed in on that market, increasing imports by 91 percent. Those figures go hand-in-hand with the report on net metering, which saw a 34 percent growth in 2005, mainly for solar power systems. California provided most of that growth, followed by New Jersey. Geothermal heat pumps also experienced a growing market, with shipments increasing by 9 percent to the highest level yet recorded by EIA. Nearly all geothermal heat pumps produced here are sent to destinations within the United States.
Publication date: 08/13/2007