End of the Gold Rush
Crash of the U.S. SREC Markets?
End of the Gold Rush: Crash of the U.S. SREC Markets? is an in-depth study of the dynamic SREC markets with key data points and analysis that matter most for the U.S. solar sector and participating companies through 2014. This report contains a comprehensive, integrated summary of key U.S. SREC markets – New Jersey, Pennsylvania, Maryland, Ohio and Massachusetts – specially prepared by our U.S. team.
Authors
Chris Bolman | Sara Carnahan | Valerie Coffey | Benjamin Merewitz | Gregory Phipps | Michael Rogol | Jeff Stefanis | Greg Zuboff
Introduction
- The gold rush in U.S. Solar Renewable Energy Credit (SREC) markets is about to end. Exponential growth in solar power installation will soon surpass the volume of SRECs that utilities in key states are required to purchase, causing the solar market to crash in certain states.
- End of the Gold Rush provides a profile of the key U.S. SREC markets—New Jersey, Pennsylvania, Maryland, Ohio and Massachusetts—including state SREC standards, installation volumes, SREC pricing and IRR levels through 2014.
- The report provides implications for financiers, integrators, manufacturers, installers, electricity companies and policy makers, and recommends actionable measures to lock in value now and mitigate future risk in these markets.