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

Abstract

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.

Authors:
 [1];  [2];  [1];  [2];  [2];  [1]
  1. National Renewable Energy Lab. (NREL), Golden, CO (United States)
  2. Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)
Publication Date:
Research Org.:
Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)
Sponsoring Org.:
USDOE Office of Science (SC)
OSTI Identifier:
1172243
Report Number(s):
LBNL-6019E
DOE Contract Number:  
AC02-05CH11231
Resource Type:
Technical Report
Country of Publication:
United States
Language:
English
Subject:
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION; 29 ENERGY PLANNING, POLICY, AND ECONOMY

Citation Formats

Feldman, David, Barbose, Galen, Margolis, Robert, Wiser, Ryan, Darghouth, Naim, and Goodrich, Alan. Photovoltaic (PV) Pricing Trends: Historical, Recent, and Near-Term Projections. United States: N. p., 2012. Web. doi:10.2172/1172243.
Feldman, David, Barbose, Galen, Margolis, Robert, Wiser, Ryan, Darghouth, Naim, & Goodrich, Alan. Photovoltaic (PV) Pricing Trends: Historical, Recent, and Near-Term Projections. United States. doi:10.2172/1172243.
Feldman, David, Barbose, Galen, Margolis, Robert, Wiser, Ryan, Darghouth, Naim, and Goodrich, Alan. Fri . "Photovoltaic (PV) Pricing Trends: Historical, Recent, and Near-Term Projections". United States. doi:10.2172/1172243. https://www.osti.gov/servlets/purl/1172243.
@article{osti_1172243,
title = {Photovoltaic (PV) Pricing Trends: Historical, Recent, and Near-Term Projections},
author = {Feldman, David and Barbose, Galen and Margolis, Robert and Wiser, Ryan and Darghouth, Naim and Goodrich, Alan},
abstractNote = {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.},
doi = {10.2172/1172243},
journal = {},
number = ,
volume = ,
place = {United States},
year = {2012},
month = {11}
}