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Solar PV Manufacturing Cost Model Group: Installed Solar PV System Prices (Presentation). NREL (National Renewable Energy Laboratory).

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Sectors Sustainability, Climate, CSR, EMS
Company Name National Renewable Energy Laboratory (NREL)
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Directory Entry : The National Renewable Energy Laboratory - NREL - is the only federal laboratory dedicated to the research, development, commercialization and deployment of renewable energy and energy efficiency technologies.
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Title: Solar PV Manufacturing Cost Model Group: Installed Solar PV System Prices (Presentation). NREL (National Renewable Energy Laboratory).
Author: Goodrich, A. C.; Woodhouse, M.; James, T.
Pages/Volumes: 15 pp.
Publication Year: 2011
Notes: Presented at the SEGIS-ADEPT Power Electronics in Photovoltaic Systems Workshop, 8-9 February 2011, Arlington, Virginia
Document Type: Presentation Material
Subject Code Description: Energy Analysis; Solar Energy - Photovoltaics
Abstract: EERE's Solar Energy Technologies Program is charged with leading the Secretary's SunShot Initiative to reduce the cost of electricity from solar by 75% to be cost competitive with conventional energy sources without subsidy by the end of the decade. As part of this Initiative, the program has funded the National Renewable Energy Laboratory (NREL) to develop module manufacturing and solar PV system installation cost models to ensure that the program's cost reduction targets are carefully aligned with current and near term industry costs. The NREL cost analysis team has leveraged the laboratories' extensive experience in the areas of project finance and deployment, as well as industry partnerships, to develop cost models that mirror the project cost analysis tools used by project managers at leading U.S. installers. The cost models are constructed through a "bottoms-up" assessment of each major cost element, beginning with the system's bill of materials, labor requirements (type and hours) by component, site-specific charges, and soft costs. In addition to the relevant engineering, procurement, and construction costs, the models also consider all relevant costs to an installer, including labor burdens and overhead rates, supply chain costs, and overhead and materials inventory costs, and assume market-specific profits.
Accession Number: 50955
Library Notes: NPL-1104 REV
Report Numbers: PR-6A20-50955


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