Engineering topics

Basore, Paul

Publications and source records attributed to Basore, Paul.

3 records

DOE OSTI2023

U.S. Solar Photovoltaic System and Energy Storage Cost Benchmarks, With Minimum Sustainable Price Analysis: Q1 2023

The U.S. Department of Energy's (DOE's) Solar Energy Technologies Office (SETO) aims to accelerate the advancement and deployment of solar technology in support of an equitable transition to a decarbonized economy no later than 2050, starting with a decarbonized power sector by 2035. Its approach to achieving this goal includes driving innovations in technology, hardware, and soft cost reductions to make solar affordable and accessible for all. As part of this effort, SETO must track solar cost trends so it can focus its research and development (R&D) on the highest-impact activities. The benchmarks in this report are bottom-up cost estimates of all major inputs to PV and energy storage system installations. Bottom-up costs are based on national averages and do not necessarily represent typical costs in all local markets. Like last year's report, this year's report includes two distinct sets of benchmarks: minimum sustainable price (MSP) benchmarks and modeled market price (MMP) benchmarks. MSP benchmarks can be interpreted as the minimum price a company needs to charge to remain financially solvent in the long term based on the minimum sustainable prices of all inputs including minimum sustainable profit margins. MMP benchmarks can be interpreted as the actual cash sales price a company charges in the given benchmark period. These simplified estimates are useful for tracking technological progress, but they do not reflect all experiences. In fact, no individual estimate under any approach can reflect the diversity of the PV and storage manufacturing and installation industries. Our residential MMP benchmark ($2.90 per watt direct current [Wdc]) is 24% higher than the MSP benchmark ($2.34/Wdc) and 9% lower than our MMP benchmark ($3.18/Wdc) from Q1 2022 in 2022 U.S. dollars (USD). For community solar, our MMP benchmark ($1.75/Wdc) is 18% higher than our MSP benchmark ($1.49/Wdc). Our Q1 2022 benchmark report has no community solar system for comparison. For utility-scale systems with one-axis tracking, our MMP benchmark ($1.17/Wdc) is 22% higher than our MSP benchmark ($0.96/Wdc) and 10% higher than its counterpart ($1.07/Wdc) in Q1 2022 in 2022 USD.

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DOE OSTI2022

U.S. Solar Photovoltaic System and Energy Storage Cost Benchmarks, With Minimum Sustainable Price Analysis: Q1 2022

NREL's bottom-up cost models can be used to assess the minimum sustainable price (MSP) and modeled market price (MMP) of PV and storage systems having various configurations. MSP can be used to estimate future potential cost-reduction opportunities for PV and PV-plus-storage systems, thus helping guide research and development aimed at advancing cost-effective system configurations. MMP can be used to understand the cost of systems under recent market conditions. The MSP data in this annual benchmarking report will be used to inform the formulation of, and track progress toward, the Solar Energy Technologies Office's Government Performance and Reporting Act cost targets.

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DOE OSTI2022

Solar Photovoltaics: Supply Chain Deep Dive Assessment

This is one of a series of reports and deep dive assessments produced in response to Executive Order 14017 “America’s Supply Chains,” which directs the Secretary of Energy to submit a report on supply chains for the energy sector industrial base. The Executive Order is helping the federal government to build more secure and diverse U.S. supply chains, including energy supply chains. Over the past decade, solar power has gone from an emerging, niche technology to a mature energy industry. By 2035, solar power could supply 40% or more of U.S. electricity demand, dramatically accelerating the decarbonization of buildings, transportation, and industry; and, if current technology trends continue, it could do so without increasing the price of electricity. The rapid expansion of solar energy has the potential to yield broad benefits in the form of economic activity and workforce development. The solar industry already employs roughly 230,000 people in the United States, at an average wage that is higher than the national average for most comparable positions. By decarbonizing the electricity sector by 2035, the U.S. solar industry could employ 500,000–1,500,000 people by 2030. The components that are assembled to install a photovoltaic power system are produced by a global supply chain. Photovoltaic (PV) modules (also called panels) are made of cells that use a variety of technologies. There are two leading types of solar modules used in the United States, with crystalline silicon (c-Si) modules representing 84% of the market and cadmium telluride (CdTe) modules representing 16% of the market. Modules of either type require mounting structures to provide mechanical support (racking), which may be configured to follow the sun (tracking). The output of any PV module is direct current (dc), which is almost always converted to alternating current (ac) by an inverter.

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