McDermott's Global Renewable Energy, Emissions and New (GREEN) Products Group has issued the following white papers that contain new statistical information and legislative updates.

The U.S. Solar PV Market

Once relegated to off-grid applications, photovoltaic (PV) systems tied to the utility grid (grid-tied PV) are the new frontier. Improvements in PV technology, changes in energy markets and utility regulation, more restrictive environmental laws, innovative financing and favorable tax, incentive and public finance programs all combine to make grid-tied PV a natural option for almost any business or homeowner. This white paper outlines the current situation and future potential of grid-tied PV in the United States, including fast-moving changes to regulatory and market structures. This McDermott white paper includes sections regarding PV market and technical information; development costs and timelines; real estate; siting; federal and state incentives; renewable portfolio standards; regulatory issues such as net metering, feed-in tariffs and decoupling; documentation including lease, power purchase and REC sales agreement; financing and tax structures (including international tax issues); and the potential impact of federal greenhouse gas and renewable legislation on the market.

The U.S. Wind Market

Although wind power in the United States has an estimated annual growth rate of 25 to 30 percent (according to the American Wind Energy Association), it still amounts to less than 5 percent of total renewable electricity generation in the United States. This document is intended as an outline of the fast moving changes to regulatory and market structures, and the growing potential of the U.S. wind energy market. This McDermott white paper includes sections regarding wind market and technical information; development costs and timelines; real estate; siting; federal and state incentives; renewable portfolio standards; interconnection rules; regulatory issues; documentation including leases, project documents such as EPC and O&M agreements, power purchase and REC sales agreements; hedging; financing and tax structures (including international tax issues); and the potential impact of federal greenhouse gas and renewable legislation on the market.

If you would like an electronic copy of these white papers, please contact Allison Rader (+1 713 653 1708 or arader@mwe.com).