Renewable Energy Cost Modeling: A Toolkit for Establishing Cost-Based Incentives in the United States; March 2010 -- March 2011

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This report is intended to serve as a resource for policymakers who wish to learn more about establishing cost-based incentives. The report will identify key renewable energy cost modeling options, highlight the policy implications of choosing one approach over the other, and present recommendations on the optimal characteristics of a model to calculate rates for cost-based incentives, feed-in tariffs (FITs), or similar policies. These recommendations will be utilized in designing the Cost of Renewable Energy Spreadsheet Tool (CREST). Three CREST models will be publicly available and capable of analyzing the cost of energy associated with solar, wind, and geothermal electricity ... continued below

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89 pp.

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Gifford, J. S.; Grace, R. C. & Rickerson, W. H. May 1, 2011.

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Description

This report is intended to serve as a resource for policymakers who wish to learn more about establishing cost-based incentives. The report will identify key renewable energy cost modeling options, highlight the policy implications of choosing one approach over the other, and present recommendations on the optimal characteristics of a model to calculate rates for cost-based incentives, feed-in tariffs (FITs), or similar policies. These recommendations will be utilized in designing the Cost of Renewable Energy Spreadsheet Tool (CREST). Three CREST models will be publicly available and capable of analyzing the cost of energy associated with solar, wind, and geothermal electricity generators. The CREST models will be developed for use by state policymakers, regulators, utilities, developers, and other stakeholders to assist them in current and future rate-setting processes for both FIT and other renewable energy incentive payment structures and policy analyses.

Physical Description

89 pp.

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  • Related Information: Work performed by Sustainable Energy Advantage, LLC, Framingham, Massachusetts, and Meister Consultants Group, Inc., Boston, Massachusetts

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  • Report No.: NREL/SR-6A20-51093
  • Grant Number: AC36-08GO28308
  • DOI: 10.2172/1016428 | External Link
  • Office of Scientific & Technical Information Report Number: 1016428
  • Archival Resource Key: ark:/67531/metadc845267

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Office of Scientific & Technical Information Technical Reports

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Creation Date

  • May 1, 2011

Added to The UNT Digital Library

  • May 19, 2016, 3:16 p.m.

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  • Dec. 1, 2016, 3:13 p.m.

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Gifford, J. S.; Grace, R. C. & Rickerson, W. H. Renewable Energy Cost Modeling: A Toolkit for Establishing Cost-Based Incentives in the United States; March 2010 -- March 2011, report, May 1, 2011; Golden, Colorado. (digital.library.unt.edu/ark:/67531/metadc845267/: accessed October 15, 2018), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.