U.S. Department of EnergyOffice of Scientific and Technical Information
U.S. Solar Photovoltaic System and Energy Storage Cost Benchmarks: Q1 2021
Abstract
NREL has been modeling U.S. solar photovoltaic (PV) system costs since 2009. This year, our report benchmarks costs of U.S. PV for residential, commercial, and utility-scale systems, with and without storage, built in the first quarter of 2021 (Q1 2021). 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 and levelized cost of energy for such systems.
- Publication Date:
- Other Number(s):
- FY19 AOP 5.2.0.3
- DOE Contract Number:
- FY19 AOP 5.2.0.3
- Research Org.:
- National Renewable Energy Laboratory - Data (NREL-DATA), Golden, CO (United States); National Renewable Energy Lab. (NREL), Golden, CO (United States)
- Sponsoring Org.:
- National Renewable Energy Laboratory (NREL), Golden, CO (United States)
- Subject:
- 14 SOLAR ENERGY; 25 ENERGY STORAGE; 29 ENERGY PLANNING, POLICY, AND ECONOMY; 32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
- Keywords:
- PV; solar; battery energy storage; capital cost; bottom-up cost model; cost analysis; utility-scale solar; commercial; Residential Solar
- OSTI Identifier:
- 1829310
- DOI:
- https://doi.org/10.7799/1829310
Citation Formats
Ramasamy, Vignesh, and Feldman, David. U.S. Solar Photovoltaic System and Energy Storage Cost Benchmarks: Q1 2021. United States: N. p., 2021.
Web. doi:10.7799/1829310.
Ramasamy, Vignesh, & Feldman, David. U.S. Solar Photovoltaic System and Energy Storage Cost Benchmarks: Q1 2021. United States. doi:https://doi.org/10.7799/1829310
Ramasamy, Vignesh, and Feldman, David. 2021.
"U.S. Solar Photovoltaic System and Energy Storage Cost Benchmarks: Q1 2021". United States. doi:https://doi.org/10.7799/1829310. https://www.osti.gov/servlets/purl/1829310. Pub date:Mon Nov 08 00:00:00 EST 2021
@article{osti_1829310,
title = {U.S. Solar Photovoltaic System and Energy Storage Cost Benchmarks: Q1 2021},
author = {Ramasamy, Vignesh and Feldman, David},
abstractNote = {NREL has been modeling U.S. solar photovoltaic (PV) system costs since 2009. This year, our report benchmarks costs of U.S. PV for residential, commercial, and utility-scale systems, with and without storage, built in the first quarter of 2021 (Q1 2021). 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 and levelized cost of energy for such systems.},
doi = {10.7799/1829310},
journal = {},
number = ,
volume = ,
place = {United States},
year = {Mon Nov 08 00:00:00 EST 2021},
month = {Mon Nov 08 00:00:00 EST 2021}
}
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