Photovoltaic (PV) Pricing Trends: Historical, Recent, and Near-Term Projections

Technical Report · Fri Nov 30 00:00:00 EST 2012

DOI:https://doi.org/10.2172/1172243· OSTI ID:1172243

Feldman, David ^[1]; Barbose, Galen ^[2]; Margolis, Robert ^[1]; Wiser, Ryan ^[2]; Darghouth, Naim ^[2]; Goodrich, Alan ^[1]

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1. National Renewable Energy Lab. (NREL), Golden, CO (United States)
2. Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)

The installed capacity of global and U.S. photovoltaic (PV) systems has soared in recent years, driven by declining PV prices and government incentives. The U.S. Department of Energy’s (DOE) SunShot Initiative aims to make PV cost competitive without incentives by reducing the cost of PV-generated electricity by about 75% between 2010 and 2020. This summary report—based on research at Lawrence Berkeley National Laboratory (LBNL) and the National Renewable Energy Laboratory (NREL)—examines progress in PV price reductions to help DOE and other PV stakeholders manage the transition to a market-driven PV industry, and to provide clarity surrounding the wide variety of potentially conflicting data available about PV system prices.

• Research Organization: Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)
• Sponsoring Organization: USDOE Office of Science (SC)
• DOE Contract Number: AC02-05CH11231
• OSTI ID: 1172243
• Report Number(s): LBNL-6019E
• Country of Publication: United States
• Language: English

Related Subjects

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
29 ENERGY PLANNING, POLICY, AND ECONOMY