22 Mar 2011

Projecting renewable energy costs should be easier and more accurate

Written by theenergyfix

The National Renewable Energy Laboratory (NREL) has developed a tool  to help state regulators, energy officials and project developers analyze renewable energy project costs, develop cost-based incentives (e.g., feed-in tariffs), and evaluate the impact of tax incentives or other support structures.

Two screen shots from the new CREST model, courtesy of NREL.

The Cost of Renewable Energy Spreadsheet Tool (CREST) was developed for NREL by Sustainable Energy Advantage (SEA). CREST, available in solar, wind, and geothermal versions, is the result of a collaborative process NREL held with several state public utility commissions and other members of the National Association of Regulatory Utility Commissioners (NARUC).

Designed to be highly flexible, easy to use, analytically robust, it incorporates a wide array of federal and state incentives available to renewable energy project deployment.

Jason Gifford of SEA and Michael Mendelsohn of NREL are to walk interested parties through the tool during a webinar March 31st from 2:00-3:30 p.m. EDT (11:00-–12:30 PDT).

Access the webinar by clicking on the following link:

Conference number: PW6135663
Audience passcode: 3416814

Telephone conference call: 800-857-9824. Please reserve a conference line by emailing Lynda Chapin.



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