Wednesday, December 5, 2012

NREL publishes reports on US solar pricing trends, PV system soft costs

NREL publishes reports on US solar pricing trends, PV system soft costs

05.12.2012: The US Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL) and Lawrence Berkeley National Laboratory (LBL) have jointly released two reports examining photovoltaic (PV) pricing in the US. The first report, “PV Pricing Trends: Historical, Recent, and Near-Term Projections,” examines progress in PV price reductions to help the DOE and other PV stakeholders manage the transition to a market-driven PV industry and to provide clarity surrounding the wide variety of potentially conflicting data available about PV system prices. By examining progress in PV price reductions, the report will also help the DOE track progress toward the SunShot goals of reducing the installed cost of solar energy systems by 75% between 2010 and 2020. The joint report concludes that PV system prices will continue to decline rapidly through at least early 2013. The second report, “Benchmarking Non-Hardware Balance of System (Soft) Costs for US PV Systems Using a Data-Driven Analysis from PV Installer Survey Results,” presents results from the first DOE-sponsored data collection and analysis of non-hardware balance-of-system costs. The report concludes that in 2010, total soft costs made up 40% to 50% of a typical PV system’s price. Soft costs generally increase as the system size decreases. Source: National Renewable Energy Laboratory

http://www.nrel.gov

http://www.nrel.gov/news/press/2012/2038.html

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

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