Department of Energy (DOE) Solar Energy Technologies Office (SETO) and its national laboratory partners analyze cost data for U. solar photovoltaic (PV) systems to develop cost benchmarks.
This year, we introduce a new PV and storage cost modeling approach. The PV System Cost Model (PVSCM) was developed by SETO and NREL to make the cost benchmarks simpler and more transparent, while expanding to cover components not previously benchmarked.
Does NREL include PV-plus-storage and standalone energy storage costs?
Starting with the 2020 PV benchmark report, NREL began including PV-plus-storage and standalone energy storage costs in its annual reports.
Who are the authors of solar energy cost benchmarks Q1 2023?
Ramasamy, Vignesh, Jarett Zuboy, Michael Woodhouse, Eric O'Shaughnessy, David Feldman, Jal Desai, Andy Walker, Robert Margolis, and Paul Basore. 2023. U.S. Solar Photovoltaic System and Energy Storage Cost Benchmarks, With Minimum Sustainable Price Analysis: Q1 2023. Golden, CO: National Renewable Energy Laboratory.
Which DOE National Laboratory collects cost data from PV industry stakeholders?
Three DOE national laboratories—Lawrence Berkeley National Laboratory, National Renewable Energy Laboratory, and Sandia National Laboratories—collect cost data from PV industry stakeholders. Each stakeholder is contacted by only one lab to avoid overlap.