Small-scale solar will displace $2 billion of US power by 2025

Small-scale solar will displace $2 billion of US power by 2025

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Solar on U.S. homes and businesses will grow 10% a year, displacing $2 billion of grid-based power by 2025. But Australia leads the way.

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Bloomberg New Energy Finance

Ratio of small-scale solar and battery capacity to total installed capacity

Source: Bloomberg New Energy Finance
Source: Bloomberg New Energy Finance

By 2025, over $2 billion worth of U.S. electricity production will change hands from traditional generators to small-scale generation assets.

Worldwide, the small-scale solar photovoltaic capacity operated by homes and businesses is predicted to grow consistently as depicted by Bloomberg New Energy Finance in the New Energy Outlook 2017.

In countries like the U.S. which face stagnant electricity demand growth, the growth in distributed electricity production will take sales from generators in the wholesale markets and regulated power regions.

Australia leads the way in distributed energy, with around 45 per cent of total demand to be delivered by locally sourced distributed power  solar, wind and storage, by 2040.

Clients can access the full report here.

Source: Bloomberg New Energy Finance. Reproduced with permission.

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  1. George Darroch 3 years ago

    We are truly the lucky country (when dinosaur Liberal politicians don’t screw it up for us).

  2. Alastair Leith 3 years ago

    I’m very concerned in that dip in Australian rooftopPV in 2036/37 from 45% to 43%!

  3. Mike Westerman 3 years ago

    Sadly tho’ this assumes virtually no displacement of FF for transport. For a country that imports almost half its transport fuels and has energy consumption for transport almost the same level as electricity production, 45% rooftop disguises how far we still have to go.

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