Cost and Performance Assumptions for Modeling Electricity Generation Technologies
The goal of this project was to compare and contrast utility scale power plant characteristics used in data sets that support energy market models. Characteristics include both technology cost and technology performance projections to the year 2050. Cost parameters include installed capital costs and operation and maintenance (O&M) costs. Performance parameters include plant size, heat rate,capacity factor or availability factor, and plant lifetime. Conventional, renewable, and emerging electricity generating technologies were considered. Six data sets, each associated with a different model, were selected. Two of the data sets represent modeled results, not direct model inputs. These two data sets include cost and performance improvements that result from increased deployment aswell as resulting capacity factors estimated from particular model runs; other data sets represent model input data. For the technologies contained in each data set, the levelized cost of energy (LCOE) was also evaluated, according to published cost, performance, and fuel assumptions.
- Research Organization:
- National Renewable Energy Lab. (NREL), Golden, CO (United States)
- Sponsoring Organization:
- USDOE Office of Energy Efficiency and Renewable Energy (EERE)
- DOE Contract Number:
- AC36-08GO28308
- OSTI ID:
- 993653
- Report Number(s):
- NREL/SR-6A20-48595; KACX-8-88312-04; TRN: US201024%%107
- Resource Relation:
- Related Information: Work performed by ICF International, Fairfax, Virginia
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
AVAILABILITY
CAPACITY
CAPITALIZED COST
ELECTRICITY
HEAT RATE
LIFETIME
MAINTENANCE
MARKET
PERFORMANCE
POWER PLANTS
SIMULATION
cost and performance
electricity generation
power plants
utility scale
data
model inputs
model results
learning by doing
capacity factors
levelized cost of energy (LCOE)
NEMS
National Energy Modeling System
EIA
energy information administration
Markal
market allocation international energy agency
ReEDS
regional energy deployment system
minicam
mini climate assessment model