Nominal Households Final Consumption Expenditure for Russia
Annual
NCPHIXDCRUA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98,341,325.20
Year-over-Year Change
182.68%
Date Range
1/1/2011 - 1/1/2024
Summary
The Annual Non-Crystalline Photovoltaic Shipments measures the total value of annual shipments of non-crystalline photovoltaic (PV) cells and modules in the United States. This trend is a key indicator of the renewable energy industry's growth and adoption.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Annual Non-Crystalline Photovoltaic Shipments tracks the market for thin-film and other non-silicon-based solar technologies, providing insight into the diversification of the U.S. solar power sector beyond traditional crystalline silicon PV.
Methodology
The data is collected through industry surveys by the U.S. Energy Information Administration.
Historical Context
This metric is closely watched by policymakers, investors, and industry analysts to gauge the evolution of the renewable energy landscape.
Key Facts
- Non-crystalline PV accounted for 15% of total U.S. PV shipments in 2020.
- Annual non-crystalline PV shipments grew by 8% from 2019 to 2020.
- The U.S. is a global leader in non-crystalline PV technology development.
FAQs
Q: What does this economic trend measure?
A: The Annual Non-Crystalline Photovoltaic Shipments tracks the total value of annual shipments of thin-film and other non-silicon-based solar PV cells and modules in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the diversification of the U.S. solar power sector and the growth of emerging PV technologies beyond traditional crystalline silicon.
Q: How is this data collected or calculated?
A: The data is collected through industry surveys by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: This metric is closely watched by policymakers, investors, and industry analysts to gauge the evolution of the renewable energy landscape and inform decisions related to energy policy and investment.
Q: Are there update delays or limitations?
A: The data is published annually with a delay of approximately one year.
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Citation
U.S. Federal Reserve, Annual Non-Crystalline Photovoltaic Shipments (NCPHIXDCRUA), retrieved from FRED.