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

Technical Report · Wed Sep 28 00:00:00 EDT 2022

DOI:https://doi.org/10.2172/1891204· OSTI ID:1891204

Ramasamy, Vignesh  ^[1]; Zuboy, Jarett ^[1]; O'Shaughnessy, Eric ^[2]; Feldman, David  ^[1]; Desai, Jal ^[1]; Woodhouse, Michael ^[1]; Basore, Paul ^[3]; Margolis, Robert ^[1]

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1. National Renewable Energy Lab. (NREL), Golden, CO (United States)
2. Clean Kilowatts, LLC, Plymouth, MI (United States)
3. U.S. Department of Energy Solar Energy Technologies Office, Washington, DC (United States)

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.

• Research Organization: National Renewable Energy Lab. (NREL), Golden, CO (United States)
• Sponsoring Organization: USDOE Office of Energy Efficiency and Renewable Energy (EERE), Renewable Power Office. Solar Energy Technologies Office
• DOE Contract Number: AC36-08GO28308
• OSTI ID: 1891204
• Report Number(s): NREL/TP-7A40-83586; MainId:84359; UUID:7d124ffb-1fef-484c-9faa-0be666a82053; MainAdminID:67604
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
14 SOLAR ENERGY
BESS
cost
energy storage
minimum sustainable price
MSP
PV
solar