Green Power Markets on the Rise

 

 

National Renewable Energy Laboratory, November 8, 2013

 

 

A new study, "Status and Trends in the U.S. Voluntary Green Power Market" finds that the voluntary green power market totaled more than 48 million MWh in 2012, with about 1.9 million customers participating, and represented approximately 1.3% of total U.S. electricity sales. This represents a capacity equivalent of approximately 17,000 MW. The supply continues to be dominated by wind at 80.1% of total green power sales, followed by landfill gas and biomass (12.8%), hydropower (6.2%), solar (0.6%), and geothermal (0.3%). Solar has tripled its share of utility green pricing programs. Prices for voluntary renewable energy certificates increased to above $1/MWh. Utility green pricing sales exhibited estimated growth of 5% in 2012 - similar to growth in 2010 and 2011.

 

http://www.nrel.gov/docs/fy14osti/60210.pdf