The overall goal of this study is to identify and quantify the market for advanced material and device technologies used in renewable-energy systems.

Specific objectives include the following:

• Identifying advanced materials and devices that are used in renewable-energy systems

• Analyzing and predicting trends in the most likely application(s) for each of these materials and devices, as the basis for developing baseline estimates of the renewable-energy-related market for advanced materials and devices

• Pinpointing new materials and devices that are likely to be introduced into renewable-energy systems in the next 5 years and their expected market impacts

• Drawing attention to manufacturers of renewable-energy systems and associated advanced materials and devices that are most likely to benefit from the trends identified above

This report is a business opportunity report intended especially for developers and vendors of advanced materials and devices that target the renewable-energy systems market.  It should also be useful to vendors of renewable-energy systems interested in understanding where the market is headed with respect to advanced enabling technologies.

Other readers who will find the report’s findings and conclusions informative include:

• Investors
• Members of renewable-energy trade, professional, and advocacy organizations
• Officials of government agencies and multinational organizations responsible for optimizing energy consumption and promoting the use of renewable energies

While the report is oriented to the interests and concerns of a nontechnical audience, it contains a great deal of technical information that should also be of interest to scientists and engineers working in the renewable-energy field.

The report focuses on the global and major regional and national markets for advanced materials (e.g., polymers, elastomers, composites, high-temperature alloys, powder metals, thin films, and others) and devices (sensors and controllers, optics, etc.) used in the fabrication of the following types of renewable-energy systems:

• Solar photovoltaic
• Solar thermal
• Mini- and micro-hydro
• Wind
• Geothermal
• Ocean

The report does not cover biofuels or renewable-energy-storage technologies such as batteries and fuel cells in detail because they are covered in other studies.

The report includes the following major elements:

• Executive summary
• Definitions
• Overall trends in renewable-energy systems
• Advanced materials and devices with current or potential applications in renewable-energy systems
  • Main suppliers/buyers description
  • Commercial/developmental status
  • Specific renewable-energy applications
  • Properties/advantages and disadvantages/competing materials or devices
• Market size, segmentation and growth trends
  • 2010 global sales as well as sales in selected regional and national markets
  • Market drivers
  • Market projections, 2011-2016
• Industry analysis
  • Number and size of firms
  • Company profiles

INFORMATION SOURCES AND METHODOLOGY

The findings and conclusions of this report are based on information gathered from renewable-energy products manufacturers, advanced materials and devices vendors and renewable energy-related organizations.  Interview data were combined with information gathered through an extensive review of secondary sources such as trade publications, trade associations, company literature, and online databases to produce the baseline market estimates contained in this report. 

The methodologies and assumptions used to develop the market projections in this report are discussed at length in the section on Detailed Market Estimates and Projections.  The report carefully documents data sources and assumptions.  This way, readers can see how the market estimates were developed and, if they so desire, test the impact on the final numbers of changing assumptions such as price.

REPORT HIGHLIGHTS

• The global market for advanced materials and devices used in renewable energy systems was $18.2 billion in 2010; it is projected to approach $22.3 billion in 2011 and it will further grow to $31.8 billion in 2016 increasing at a compound   annual growth rate (CAGR) of 7.4%
• The total value of solar energy (PV and thermal) was $14.9 billion in 2010; it is projected to approach $18.2 billion in 2011 and it will further grow to $21.6 billion in 2016 at a CAGR of 3.4%
• The total value of wind energy was $3.1 billion in 2010; it is projected to approach $3.9 billion in 2011 and it will further grow to $9.1 billion in 2016 at a CAGR of 18.3%

TABLE OF CONTENTS

CHAPTER ONE: INTRODUCTION
    STUDY GOALS AND OBJECTIVES   1
    REASONS FOR DOING THE STUDY  1
    SCOPE OF REPORT  1
    INTENDED AUDIENCE  2
    METHODOLOGY AND INFORMATION SOURCES  3
    ANALYST CREDENTIALS  3
    RELATED REPORTS   4
    DISCLAIMER   4

CHAPTER TWO: SUMMARY 
  SUMMARY TABLE GLOBAL MARKET FOR ELECTRICITY
    GENERATION BY REGION, THROUGH 2016 ($ MILLIONS)  5
  SUMMARY FIGURE GLOBAL MARKET FOR ELECTRICITY
    GENERATION BY REGION, 2010-2016 ($ MILLIONS)   6
    SUMMARY (CONTINUED)   7

CHAPTER THREE: OVERVIEW 
     THE ELECTRICITY GENERATION INDUSTRY  8
     CONCEPTS IN THE INDUSTRY  9
          ENERGY AND POWER   9
          ELECTRICITY GENERATING REQUIREMENTS   9
          CAPITAL COSTS   10
          LEVELIZED COST OF ENERGY   10
     ELECTRICITY GENERATING TECHNOLOGIES  10
     LIFE CYCLE AND THE NATURE OF POWER SECTOR
        INVESTMENTS  11
     IMPORTANCE OF THE INDUSTRY  11
     FORESEEABLE FUTURE DEVELOPMENTS  12
     GOVERNMENT REGULATIONS   13
     EFFECT ON THE FUTURE  13
     UTILITY-SCALE ELECTRICITY STORAGE (UES) TECHNOLOGIES  13
     COSTS AND ECONOMIC VIABILITY   14
          PUMPED HYDROLOGIC STORAGE   15
          COMPRESSED AIR ENERGY STORAGE   16
     BENEFITS OF UTILITY-SCALE ELECTRICITY STORAGE
        TECHNOLOGIES 17
          GRID BENEFITS   17
               Load Leveling  18
  FIGURE 1 REPRESENTATION OF A DAILY LOAD CURVE   19
               Capacity Factor/Dispatch for Intermittent Renewables  20
               Peaking Power Support   21
           OFFSET OF NEEDED PEAKING POWER GENERATION
             CAPACITY  21
           OFFSET OF NEEDED RENEWABLE GENERATION
             CAPACITY  22
           ECONOMIC BENEFITS 23
                Energy Arbitrage   23
                Investment Deferral  23
           RENEWABLE ENERGY DISPATCH AND TIMING BENEFITS
             (ABILITY TO MEET RENEWABLE ENERGY TARGETS,
             ETC ) 24
                Carbon Capture and Storage  24
                         Carbon Capture and Storage (Continued)   25
   TABLE 1 VALUE CUMULATIVE CAPITAL BASE OF CCS
     TECHNOLOGIES, THROUGH 2014 ($ BILLIONS)  26
      ALTERNATE ELECTICAL POWER STORAGE  27
   TABLE 2 ALTERNATIVE ENERGY STORAGE MARKET BY POWER
     SOURCE, CONSENSUS SCENARIO, THROUGH 2016 ($ MILLIONS)  28
      SMART GRID  28
           DEFINITIONS   28
           BENEFITS OF SMART GRIDS  28
                Direct Benefits   28
                         Benefits to Utilities   28
                                    Lower Capital Costs  29
                                    Reduced Operating Costs  29
                         Benefits to Users   30
                                    Improved Quality and Reliability   30
                                    Lower Costs  31

CHAPTER FOUR: TECHNOLOGIES
     INTRODUCTION   32
     COST DATA AND MARKET FORECASTS  32
     ASSUMPTIONS  33
     DATA SOURCES  34
     SUMMARY  34
  TABLE 3 ASSUMED COSTS OF GENERATING TECHNOLOGIES
    ($/KW)  34
     COAL   35
           PULVERIZED COAL   35
           INTEGRATED GASIFICATION COMBINED CYCLE (IGCC)   36
           IGCC WITH CARBON CAPTURE AND STORAGE (IGCC-CCS)  36
  TABLE 4 CAPITAL COST OF COAL TECHNOLOGIES ($/KW, $/KW-
    YR , $/MWH)   36
           REPRESENTATIVE SUBTECHNOLOGY AND COST   36
     NATURAL GAS  37
           NATURAL GAS TURBINE (CT)   37
            NATURAL GAS COMBINED CYCLE (NGCC)  37
   TABLE 5 COST OF NATURAL GAS TECHNOLOGIES ($/KW, $/KW-
     YR , $/MWH)   37
            REPRESENTATIVE SUBTECHNOLOGY AND COST   38
      NUCLEAR   38
   TABLE 6 COST OF NUCLEAR TECHNOLOGIES ($/KW, $/KW-YR ,
     $/MWH)   38
      HYDROPOWER  39
   TABLE 7 COST OF HYDROPOWER TECHNOLOGIES ($/KW, $/KW-
     YR , $/MWH)   39
      SOLAR   39
            SOLAR THERMAL  40
            SOLAR PV CRYSTALLINE  40
            SOLAR PV THIN FILM   40
   TABLE 8 COST OF SOLAR TECHNOLOGIES ($/KW, $/KW-YR ,
     $/MWH)   40
            REPRESENTATIVE SUBTECHNOLOGY AND COST   40
      WIND   41
            ONSHORE WIND  41
            OFFSHORE WIND  41
   TABLE 9 COST OF WIND TECHNOLOGIES ($/KW, $/KW-YR ,
     $/MWH)   42
            REPRESENTATIVE SUBTECHNOLOGY AND COST   42
      BIOMASS  42
            BIOMASS COMBINED CYCLE (BCC)   42
            BIOMASS BUBBLING FLUIDIZED BED REACTOR (BBFB)   43
   TABLE 10 COST OF BIOMASS TECHNOLOGIES ($/KW, $/KW-YR ,
     $/MWH)   43
      GEOTHERMAL  43
   TABLE 11 COST OF GEOTHERMAL TECHNOLOGIES ($/KW, $/KW-
     YR , $/MWH)   44

CHAPTER FIVE: INDUSTRY STRUCTURE
    DRIVING FORCES IN THE INDUSTRY  45
         GOVERNMENT REGULATIONS AND POLICIES  45
               Rate Regulation   46
               Development Priorities  46
               Environmental Regulations  47
         ELECTRICITY MARKET STRUCTURE  48
               Privatization  48
               Competition 49
         TECHNOLOGY DEVELOPMENTS   50
               New Generation Technologies  50
               Incremental Developments in Existing Technologies  50
         FUEL PRICES 50
         STRATEGIES FOR STAYING COMPETITIVE   51
              MANAGING GOVERNMENT REGULATIONS AND
                 DEVELOPMENT PRIORITIES   51
                    Entering Into Profitable Long-Term Supply Contracts   52
                    Manage Fuel Supply and Fuel Price Risk  52
                    Managing Competitive Markets   52
                    Export Knowledge and Technology  53
         SHIFTS IN THE INDUSTRY   53
         IMPACT ON/OF OTHER INDUSTRIES   54
              FUELS  54
              COMMODITY PRICES  54
              EFFECT ON THE ECONOMY AS A WHOLE   55

CHAPTER SIX: MARKETS BY TECHNOLOGY
     SUMMARY  56
  TABLE 12 GLOBAL CUMULATIVE ELECTRICITY GENERATING
    CAPACITY, THROUGH 2016 (GW)   56
          SUMMARY (CONTINUED)  57
  TABLE 13 GLOBAL MARKET FOR ELECTRICITY GENERATION,
    THROUGH 2016 ($ MILLIONS)  58
     COAL   58
          ROLE IN THE ELECTRICITY INDUSTRY   58
          INDUSTRY TRENDS  59
  TABLE 14 GLOBAL COAL ELECTRICITY GENERATING CAPACITY,
    THROUGH 2016 (GW)  59
                     Coal Electricity Generation in Non-OECD Asia and the
                          U S    59
                     Coal Electricity Generation in OECD Europe and OECD
                          Asia   60
          COAL INDUSTRY FORECAST  61
  TABLE 15 GLOBAL COAL ELECTRICITY GENERATION INDUSTRY
    FORECAST, THROUGH 2016 ($ MILLIONS)  61
     NATURAL GAS  62
          ROLE IN THE ELECTRICITY INDUSTRY   62
          INDUSTRY TRENDS  62
  TABLE 16 GLOBAL NATURAL GAS ELECTRICITY GENERATION
    CAPACITY, THROUGH 2016 (GW)   63
          NATURAL GAS ELECTRICITY GENERATION INDUSTRY
               FORECAST   63
  TABLE 17 GLOBAL NATURAL GAS ELECTRICITY GENERATION
    INDUSTRY FORECAST, THROUGH 2016 ($ MILLIONS)   64
                     U S    64
                     Mexico, Brazil and Central and South America   64
                     OECD Europe  65
                     Russia   65
                   Non-OECD Europe and Eurasia other than Russia  65
                   India   65
                   Africa and the Middle East   65
   LIQUID FUELS  66
        ROLE IN THE ELECTRICITY INDUSTRY, INDUSTRY
             TRENDS, FORECAST  66
TABLE 18 GLOBAL LIQUID FUEL ELECTRICITY GENERATION
  CAPACITY, THROUGH 2016 (GW)  66
   NUCLEAR   67
        ROLE IN THE ELECTRICITY INDUSTRY   67
        INDUSTRY TRENDS  67
                   Fukushima Daiichi and the Future of Nuclear Power  67
                             Fukushima Daiichi and the   (Continued)  68
                   Diversifying Electricity Generation  69
                   Project Risk and Uncertainty  69
        EXISTING CAPACITY  69
TABLE 19 GLOBAL NUCLEAR ELECTRICITY GENERATION
  CAPACITY, THROUGH 2016 (GW)   70
        NUCLEAR ELECTRICITY GENERATION INDUSTRY
             FORECAST   70
TABLE 20 GLOBAL NUCLEAR ELECTRICITY GENERATION
  INDUSTRY FORECAST, THROUGH 2016 ($ MILLIONS)   70
   HYDROPOWER  71
        ROLE IN THE ELECTRICITY INDUSTRY   71
        INDUSTRY TRENDS  72
TABLE 21 GLOBAL HYDROPOWER ELECTRICITY GENERATION
  CAPACITY, THROUGH 2016 (GW)   72
        HYDROPOWER ELECTRICITY GENERATION INDUSTRY
             FORECAST   73
TABLE 22 GLOBAL HYDROPOWER ELECTRICITY GENERATION
  INDUSTRY FORECAST, THROUGH 2016 ($ MILLIONS)   73
   WIND   73
        ROLE IN THE ELECTRICITY INDUSTRY   73
        INDUSTRY TRENDS  74
TABLE 23 GLOBAL WIND ELECTRICITY GENERATION CAPACITY,
  THROUGH 2016 (GW)  74
        WIND ELECTRICITY GENERATION INDUSTRY FORECAST   75
TABLE 24 GLOBAL WIND ELECTRICITY GENERATION INDUSTRY
  FORECAST, THROUGH 2016 ($ MILLIONS)  75
   SOLAR   76
        ROLE IN THE ELECTRICITY INDUSTRY   76
        INDUSTRY TRENDS  76
TABLE 25 GLOBAL SOLAR ELECTRICITY GENERATION CAPACITY,
  THROUGH 2016 (GW)  77
   TABLE 26 GLOBAL SOLAR ELECTRICITY GENERATION CAPACITY,
     THROUGH 2016 (GW)  77
           SOLAR ELECTRICITY GENERATION INDUSTRY
             FORECAST   78
   TABLE 27 GLOBAL SOLAR ELECTRICITY GENERATION INDUSTRY
     FORECAST, THROUGH 2016 ($ MILLIONS)  78
   TABLE 28 GLOBAL SOLAR ELECTRICITY GENERATION INDUSTRY
     FORECAST, THROUGH 2016 ($ MILLIONS)  79
      GEOTHERMAL  80
           ROLE IN THE ELECTRICITY INDUSTRY   80
           INDUSTRY TRENDS  80
   TABLE 29 GLOBAL GEOTHERMAL ELECTRICITY GENERATION
     CAPACITY, THROUGH 2016 (GW)   81
           GEOTHERMAL ELECTRICITY GENERATION INDUSTRY
             FORECAST   81
   TABLE 30 GLOBAL GEOTHERMAL ELECTRICITY GENERATION
     INDUSTRY FORECAST, THROUGH 2016 ($ MILLIONS)   81
   TABLE 31 GLOBAL GEOTHERMAL ELECTRICITY GENERATION
     INDUSTRY FORECAST, THROUGH 2016 ($ MILLIONS)   82
      BIOMASS  82
           ROLE IN THE ELECTRICITY INDUSTRY   82
           INDUSTRY TRENDS  83
   TABLE 32 GLOBAL BIOMASS ELECTRICITY GENERATION
     CAPACITY, THROUGH 2016 (GW)   83
           BIOMASS ELECTRICITY GENERATION INDUSTRY
             FORECAST   84
   TABLE 33 GLOBAL BIOMASS ELECTRICITY GENERATION
     INDUSTRY FORECAST, THROUGH 2016 ($ MILLIONS)  84

CHAPTER SEVEN: INTELLECTUAL PROPERTY LANDSCAPE FOR ENERGY GENERATION
      TRENDS BY TECHNOLOGY FOR ALTERNATIVE ENERGY
        PATENTS  85
  FIGURE 2 PATENT APPLICATIONS BY TECHNOLOGY, <1980-2005
     (NUMBER/)   86
  FIGURE 2 (CONTINUED)   87
          TRENDS BY TECHNOLOGY FOR   (CONTINUED)   88

CHAPTER EIGHT: REGIONAL ANALYSIS OF THE GLOBAL MARKET 
     INTRODUCTION   89
          GLOBAL ELECTRICITY GENERATION TRENDS  90
     SUMMARY  90
  TABLE 34 GLOBAL ELECTRICITY GENERATING CAPACITY,
    THROUGH 2016 (GW)  91
   TABLE 35 GLOBAL ELECTRICITY GENERATION CAPACITY
     ADDITIONS BY COUNTRY/REGION, 2011-2016 (GW)   92
   TABLE 36 GLOBAL MARKET FOR ELECTRICITY GENERATION,
     THROUGH 2016 ($ MILLIONS)  93

CHAPTER NINE: NORTH AMERICA
     UNITED STATES   94
          INDUSTRY STRUCTURE   95
          GOVERNMENT POLICIES AND REGULATIONS  95
                  The DOE and ARPA-E  96
                            The DOE and APRPA-E (Continued)   97
  TABLE 37 ADVANCED RESEARCH PROJECTS AGENCY ­ ENERGY
    (ARPA-E) (FUNDING PROFILE BY SUBPROGRAM)   98
          EXISTING GENERATION  98
  TABLE 38 U S  CUMULATIVE ELECTRICITY GENERATING
    CAPACITY, THROUGH 2016 (GW)  99
          INDUSTRY FORECAST  99
  TABLE 39 U S  MARKET FOR ELECTRICITY GENERATION,
    THROUGH 2016 ($ MILLIONS)  100
     CANADA   101
          INDUSTRY STRUCTURE   102
          GOVERNMENT POLICIES AND REGULATIONS  102
          EXISTING GENERATION  103
  TABLE 40 CANADIAN CUMULATIVE ELECTRICITY GENERATING
    CAPACITY, THROUGH 2016 (GW)  104
          INDUSTRY FORECAST  104
  TABLE 41 CANADIAN MARKET FOR ELECTRICITY GENERATION,
    THROUGH 2016 ($ MILLIONS)  105
     MEXICO  106
          INDUSTRY STRUCTURE   106
          GOVERNMENT POLICIES AND REGULATIONS  106
          EXISTING GENERATION  107
  TABLE 42 MEXICAN CUMULATIVE ELECTRICITY GENERATING
    CAPACITY, THROUGH 2016 (GW)  107
          INDUSTRY FORECAST  108
  TABLE 43 MEXICAN MARKET FOR ELECTRICITY GENERATION,
    THROUGH 2016 ($ MILLIONS)  108
                  Industry Forecast (Continued)  109

CHAPTER TEN: EUROPE
    OECD EUROPE  110
         INDUSTRY STRUCTURE   110
         GOVERNMENT POLICIES AND REGULATIONS  111
         EXISTING GENERATION  112
   TABLE 44 OECD EUROPE'S CUMULATIVE ELECTRICITY
     GENERATING CAPACITY, THROUGH 2016 (GW)   113
            INDUSTRY FORECAST  113
   TABLE 45 OECD EUROPEAN MARKET FOR ELECTRICITY
     GENERATION, THROUGH 2016 ($ MILLIONS)  114
      RUSSIA   115
            INDUSTRY STRUCTURE   115
            GOVERNMENT POLICIES AND REGULATIONS  115
            EXISTING GENERATION  116
   TABLE 46 RUSSIA'S CUMULATIVE ELECTRICITY GENERATING
     CAPACITY, THROUGH 2016 (GW)   117
            INDUSTRY FORECAST  117
   TABLE 47 RUSSIAN MARKET FOR ELECTRICITY GENERATION,
     THROUGH 2016 ($ MILLIONS)  118
      NON-OECD EUROPE AND EURASIA OTHER THAN RUSSIA  118
            INDUSTRY STRUCTURE   118
            GOVERNMENT POLICIES AND REGULATIONS  119
            EXISTING GENERATION  120
   TABLE 48 NON-OECD EUROPEAN AND EURASIAN (OTHER THAN
     RUSSIA) CUMULATIVE ELECTRICITY GENERATING CAPACITY,
     THROUGH 2016 (GW)  120
            INDUSTRY FORECAST  120
   TABLE 49 NON-OECD EUROPEAN AND EURASIAN (OTHER THAN
     RUSSIA) MARKET FOR ELECTRICITY GENERATION, THROUGH
     2016 ($ MILLIONS)   121

CHAPTER ELEVEN: ASIA
     JAPAN   122
          INDUSTRY STRUCTURE   122
          GOVERNMENT POLICIES AND REGULATION   122
          EXISTING GENERATION  123
  TABLE 50 JAPAN'S CUMULATIVE ELECTRICITY GENERATING
    CAPACITY, THROUGH 2016 (GW)   124
          INDUSTRY FORECAST  124
  TABLE 51 JAPANESE MARKET FOR ELECTRICITY GENERATION,
    THROUGH 2016 ($ MILLIONS)  125
     SOUTH KOREA  125
          INDUSTRY STRUCTURE   126
          GOVERNMENT POLICIES AND REGULATION   126
          EXISTING GENERATION  126
  TABLE 52 SOUTH KOREA'S CUMULATIVE ELECTRICITY
    GENERATING CAPACITY, THROUGH 2016 (GW)   127
          INDUSTRY FORECAST  127
  TABLE 53 SOUTH KOREAN MARKET FOR ELECTRICITY
    GENERATION, THROUGH 2016 ($ MILLIONS)  128
      CHINA   128
           INDUSTRY STRUCTURE   129
           GOVERNMENT POLICIES AND REGULATIONS  130
           EXISTING GENERATION  131
   TABLE 54 CHINA'S CUMULATIVE ELECTRICITY GENERATING
     CAPACITY, THROUGH 2016 (GW)   131
           INDUSTRY FORECAST  132
   TABLE 55 CHINESE MARKET FOR ELECTRICITY GENERATION,
     THROUGH 2016 ($ MILLIONS)  133

CHAPTER TWELVE: PACIFIC AND INDIAN OCEAN REGION 
     AUSTRALIA/NEW ZEALAND   134
          INDUSTRY STRUCTURES  134
          GOVERNMENT POLICIES AND REGULATIONS  135
          EXISTING GENERATION  136
  TABLE 56 AUSTRALIA/NEW ZEALAND'S CUMULATIVE
    ELECTRICITY GENERATING CAPACITY, THROUGH 2016 (GW)   136
          INDUSTRY FORECAST  137
  TABLE 57 AUSTRALIAN/NEW ZEALAND MARKET FOR
    ELECTRICITY GENERATION, THROUGH 2016 ($ MILLIONS)  137
     INDIA  137
          INDUSTRY STRUCTURE   138
          GOVERNMENT POLICIES AND REGULATIONS  139
          EXISTING GENERATION  140
  TABLE 58 INDIA'S CUMULATIVE ELECTRICITY GENERATING
    CAPACITY, THROUGH 2016 (GW)   140
          ELECTRICITY GENERATION INDUSTRY FORECAST   141
  TABLE 59 INDIAN MARKET FOR ELECTRICITY GENERATION,
    THROUGH 2016 ($ MILLIONS)  141
     NON-OECD ASIA OTHER THAN CHINA AND INDIA  142
          INDUSTRY STRUCTURE   143
          GOVERNMENT POLICIES  143
          EXISTING GENERATION  144
  TABLE 60 NON-OECD ASIAN (EXCEPT CHINA AND INDIA)
    CUMULATIVE ELECTRICITY GENERATING CAPACITY,
    THROUGH 2016 (GW)  144
          INDUSTRY FORECAST  145
  TABLE 61 NON-OECD ASIA'S (EXCEPT CHINA AND INDIA) MARKET
    FOR ELECTRICITY GENERATION, THROUGH 2016 ($ MILLIONS) 145

CHAPTER THIRTEEN: EMERGING MARKETS/REST OF WORLD 
    THE MIDDLE EAST  146
         INDUSTRY STRUCTURE   146
         GOVERNMENT POLICIES AND REGULATIONS  147
         EXISTING GENERATION  147
   TABLE 62 THE MIDDLE EAST'S CUMULATIVE ELECTRICITY
     GENERATING CAPACITY, THROUGH 2016 (GW)  148
           INDUSTRY FORECAST  148
   TABLE 63 MIDDLE EASTERN MARKET FOR ELECTRICITY
     GENERATION, THROUGH 2016 ($ MILLIONS)  149
      AFRICA   149
           INDUSTRY STRUCTURE   150
                     Industry Structure (Continued)  151
           GOVERNMENT POLICIES AND REGULATIONS  152
           EXISTING GENERATION  153
   TABLE 64 AFRICA'S CUMULATIVE ELECTRICITY GENERATING
     CAPACITY, THROUGH 2016 (GW)  153
           INDUSTRY FORECAST  153
   TABLE 65 AFRICAN MARKET FOR ELECTRICITY GENERATION,
     THROUGH 2016 ($ MILLIONS)  154
      BRAZIL  154
           INDUSTRY STRUCTURE   155
           GOVERNMENT POLICIES AND REGULATIONS  155
           EXISTING GENERATION  156
   TABLE 66 BRAZIL'S CUMULATIVE ELECTRICITY GENERATING
     CAPACITY, THROUGH 2016 (GW)   156
           INDUSTRY FORECAST  157
   TABLE 67 BRAZIL MARKET FOR ELECTRICITY GENERATION,
     THROUGH 2016 ($ MILLIONS)  157
      CENTRAL AND SOUTH AMERICA EXCEPT BRAZIL  157
           INDUSTRY STRUCTURE   158
           GOVERNMENT POLICIES AND REGULATION   159
           EXISTING GENERATION  160
   TABLE 68 CENTRAL AND SOUTH AMERICA'S (EXCEPT BRAZIL)
     CUMULATIVE ELECTRICITY GENERATING CAPACITY,
     THROUGH 2016 (GW)  161
           INDUSTRY FORECAST  161
   TABLE 69 CENTRAL AND SOUTH AMERICAN (EXCEPT BRAZIL)
     MARKET FOR ELECTRICITY GENERATION, THROUGH 2016 ($
     MILLIONS)  162

CHAPTER FOURTEEN: COMPANY PROFILES 
    SUMMARY  163
    COMPANIES  163
         AES CORP    163
              Overview  163
              Corporate Strategy  164
         AES GENER SA   164
              Overview  164
         CEZ AS   164
     Overview  165
     Corporate Strategy  165
CHINA RESOURCES POWER HOLDINGS CO  LTD    165
     Overview  165
     Corporate Strategy  165
CHINA YANGTZE POWER CO  LTD  166
     Overview  166
     Corporate Strategy  166
CONSTELLATION ENERGY GROUP, INC    166
     Overview  166
     Corporate Strategy  167
DATANG INTERNATIONAL POWER GENERATION CO ,
   LTD    167
     Overview  167
     Corporate Strategy  167
DOMINION RESOURCES, INC   167
     Overview  168
     Corporate Strategy  168
E ON AG   168
     Overview  168
     Corporate Strategy  168
ELECTRICITÉ DE FRANCE  169
     Overview  169
     Corporate Strategy  169
ELETROBRAS   169
     Overview  170
     Corporate Strategy  170
ENDESA SA   170
     Overview  170
     Corporate Strategy  171
ENEL SPA  171
     Overview  171
     Corporate Strategy  171
ENERGIE BADEN-WÜRTTEMBERG AG   172
     Overview  172
     Corporate Strategy  172
ENERSIS SA  172
     Overview  172
     Corporate Strategy  173
ESKOM HOLDINGS LTD   173
     Overview  173
     Corporate Strategy  173
EXELON CORP    174
     Overview  174
     Corporate Strategy  174
HUANENG POWER INTERNATIONAL   174
     Overview  174
     Corporate Strategy  175
IBERDROLA SA  175
     Overview  175
     Corporate Strategy  175
INTERNATIONAL POWER PLC  175
     Overview  176
     Corporate Strategy  176
J-POWER/ELECTRIC POWER DEVELOPMENT CO , LTD 176
     Overview  176
     Corporate Strategy  176
MIDAMERICAN ENERGY HOLDINGS CO    177
     Overview  177
NEXTERA ENERGY, INC   177
     Overview  177
     Corporate Strategy  178
NRG ENERGY INC 178
     Overview  178
     Corporate Strategy  178
NTPC LTD    179
     Overview  179
     Corporate Strategy  179
PUBLIC SERVICE ENTERPRISE GROUP INC   179
     Overview  179
     Corporate Strategy  180
RUSHYDRO JSC   180
     Overview  180
     Corporate Strategy  180
RWE AG  181
     Overview  181
     Corporate Strategy  181
SAUDI ELECTRICITY COMPANY  181
     Overview  181
     Corporate Strategy  182
SCOTTISH & SOUTHERN ENERGY PLC  182
     Overview  182
     Corporate Strategy  182
SEMPRA ENERGY  182
     Overview  183
     Corporate Strategy  183
SOUTHERN COMPANY   183
     Overview  183
     Corporate Strategy  183
TATA POWER CO , LTD   184
     Overview  184
     Corporate Strategy  184
TOKYO ELECTRIC POWER CO , INC    184
     Overview  185
     Corporate Strategy  185
VATTENFALL AB   185
     Overview  185
     Corporate Strategy  186