Engineering topics
Publications and source records attributed to Feldman, David.
Each quarter, the National Renewable Energy Laboratory (NREL) conducts the Quarterly Solar Industry Update, a presentation of technical trends within the solar industry, to the solar office staff. Each presentation focuses on global and U.S. supply and demand, module and system price, investment trends and business models, and updates on U.S. government programs supporting the solar industry.
Starting in 2015 NREL has presented the Annual Technology Baseline (ATB) in an Excel workbook that contains detailed cost and performance data, both current and projected, for renewable and conventional technologies. The workbook includes a spreadsheet for each technology. This updated version of the workbook provides data for the 2020 ATB. In 2019 and 2020, NREL has also provided selected data in Tableau workbooks and structured summary csv files. A website documents this data at https://atb.nlr.gov .
Consistent cost and performance data for various electricity generation technologies can be difficult to find and may change frequently for certain technologies. With the Annual Technology Baseline (ATB), the National Renewable Energy Laboratory annually provides an organized and centralized set of such cost and performance data. The ATB uses the best information from the Department of Energy national laboratories' renewable energy analysts. The ATB has been reviewed by experts and it includes the following electricity generation technologies: land-based wind, offshore wind, utility-scale solar photovoltaics (PV), commercial-scale solar PV, residential-scale solar PV, concentrating solar power, geothermal power, hydropower, utility-scale battery storage. EIA data for coal, natural gas, nuclear, and conventional biopower are included for reference. This webinar presentation introduces the 2020 update to the ATB Electricity data and documentation.
This technical report benchmarks current project financing costs for multiple renewable and conventional energy technologies, and looks out how these costs may change in the future. This report was performed in conjunction with NREL's Annual Technology Baseline.
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The presentation, released quarterly, reviews major trends that occurred in the solar industry in 2019 and the first quarter of 2020. Major topics of focus will be global and U.S. supply & demand, module & system price, investment trends, and updates on U.S. government programs supporting the solar industry.
Starting in 2015 NREL has presented the Annual Technology Baseline ATB in an Excel workbook that contains detailed cost and performance data both current and projected for renewable and conventional technologies. The workbook includes a spreadsheet for each technology. This updated version of the workbook provides data for the 2019 ATB. This year NREL is also providing a packaged Tableau workbook and structured summary csv files. A website documents this data at https://atb.nlr.gov .
NREL has been modeling U.S. photovoltaic PV system costs since 2009. The U.S. Solar Photovoltaic System CostBenchmark Q1 2018 report benchmarks costs of U.S. solar PV for residential commercial and utility-scale systems built in the first quarter of 2018 Q1 2018. THE methodology includes bottom-up accounting for all system and project-development costs incurred when installing residential commercial and utility-scale systems and it models the capital costs for such systems.
Each quarter, the National Renewable Energy Laboratory (NREL) conducts a presentation of technical trends within the solar industry, which became publicly available in October 2016. Each presentation focuses on global and U.S. supply and demand, module and system price, investment trends and business models, and updates on U.S. government programs supporting the solar industry.
Each year since 2015 NREL has presented Annual Technology Baseline ATB in a workbook that contains detailed cost and performance data both current and projected for renewable and conventional technologies. The workbook includes a spreadsheet for each technology. This workbook provides data for the 2018 ATB. Geothermal updates await publication of GeoVision.In this edition of the ATB two financial assumptions cases are provided 1 effects of research and development alone 2 effects of research and development as well as market conditions.
During the past decade, solar power has experienced transformative price declines, enabling it to become a viable electricity source that is supplying 1% of U.S. and world electricity. Further cost reductions are expected to enable substantially greater solar deployment, and new Department of Energy cost targets for utility-scale photovoltaics (PV) and concentrating solar thermal power are $0.03/kW h and $0.05/kW h by 2030, respectively. However, cost reductions are no longer the only significant challenge for PV - addressing grid integration challenges and increasing grid flexibility are critical as the penetration of PV electricity on the grid increases. The development of low cost energy storage is particularly synergistic with low cost PV, as cost declines in each technology are expected to support greater market opportunities for the other.
NREL has been modeling U.S. photovoltaic (PV) system costs since 2009. This year, our report benchmarks costs of U.S. solar PV for residential, commercial, and utility-scale systems built in the first quarter of 2017 (Q1 2017). Costs are represented from the perspective of the developer/installer, thus all hardware costs represent the price at which components are purchased by the developer/installer, not accounting for preexisting supply agreements or other contracts. Importantly, the benchmark this year (2017) also represents the sales price paid to the installer; therefore, it includes profit in the cost of the hardware, along with the profit the installer/developer receives, as a separate cost category. However, it does not include any additional net profit, such as a developer fee or price gross-up, which are common in the marketplace. We adopt this approach owing to the wide variation in developer profits in all three sectors, where project pricing is highly dependent on region and project specifics such as local retail electricity rate structures, local rebate and incentive structures, competitive environment, and overall project or deal structures.
This report benchmarks U.S. solar photovoltaic (PV) system installed costs as of the first quarter of 2017 (Q1 2017). We use a bottom-up methodology, accounting for all system and projectdevelopment costs incurred during the installation to model the costs for residential, commercial, and utility-scale systems. In general, we attempt to model the typical installation techniques and business operations from an installed-cost perspective. Costs are represented from the perspective of the developer/installer; thus, all hardware costs represent the price at which components are purchased by the developer/installer, not accounting for preexisting supply agreements or other contracts. Importantly, the benchmark also represents the sales price paid to the installer; therefore, it includes profit in the cost of the hardware, 1 along with the profit the installer/developer receives, as a separate cost category. However, it does not include any additional net profit, such as a developer fee or price gross-up, which is common in the marketplace. We adopt this approach owing to the wide variation in developer profits in all three sectors, where project pricing is highly dependent on region and project specifics such as local retail electricity rate structures, local rebate and incentive structures, competitive environment, and overall project or deal structures. Finally, our benchmarks are national averages weighted by state installed capacities.
Excel data file for the U.S. Solar Photovoltaic System Cost Benchmark Q1 2017 Report
Each year since 2015, NREL has presented Annual Technology Baseline (ATB) in a spreadsheet that contains detailed cost and performance data (both current and projected) for renewable and conventional technologies. The spreadsheet includes a workbook for each technology. This spreadsheet provides data for the 2017 ATB. In this edition of the ATB, offshore wind power has been updated to include 15 technical resource groups. And, two options are now provided for representing market conditions for project financing, including current market conditions and long-term historical conditions. For more information, see https://atb.nlr.gov/ .
This technical presentation provides an update on the major trends that occurred in the solar industry in the fourth quarter of 2016 and the first quarter of 2017. Major topics of focus include global and U.S. supply and demand, module and system price, investment trends and business models, and updates on U.S. government programs supporting the solar industry.
The annual potential of solar energy far exceeds the world's total energy consumption. However, the vision of photovoltaics (PVs) providing a substantial fraction of global electricity generation and total energy demand is far from being realized. What technical, infrastructure, economic, and policy barriers need to be overcome for PVs to grow to the multiple terawatt (TW) scale? Here, we assess realistic future scenarios and make suggestions for a global agenda to move toward PVs at a multi-TW scale.