Photovoltaic (PV) Module Technologies: 2020 Benchmark Costs and Technology Evolution Framework Results

Brittany Smith; Michael Woodhouse; Kelsey Horowitz; Timothy Silverman; Jarett Zuboy; Robert Margolis

doi:10.2172/1829459

Photovoltaic (PV) Module Technologies: 2020 Benchmark Costs and Technology Evolution Framework Results

Brittany Smith, Michael Woodhouse, Kelsey Horowitz, Timothy Silverman, Jarett Zuboy, Robert Margolis

Consultant

Research output: NREL › Technical Report

Abstract

This report benchmarks 2020 PV module minimum sustainable price (MSP) via bottom-up manufacturing cost analysis, for established PV technologies in mass production, including crystalline silicon, cadmium telluride (CdTe), and copper indium gallium (di)selenide. We provide technology roadmaps to additional MSP reductions for these PV technologies. Separately, we consider III-V and perovskite PV technologies which are currently in small-scale or pilot production. Finally, this report uses a technology evolution framework (TEF) to analyze drivers of levelized cost of energy reductions, including installed system cost - which is heavily influenced by module price - as well as service life and annual energy yield.

Original language	American English
Number of pages	66
DOIs	https://doi.org/10.2172/1829459
State	Published - 2021

NREL Publication Number

NREL/TP-7A40-78173

Keywords

benchmark
CdTe
CIGS
cost model
III-V
module
perovskite
photovoltaic
PV
silicon

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10.2172/1829459

https://www.nrel.gov/docs/fy22osti/78173.pdf

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title = "Photovoltaic (PV) Module Technologies: 2020 Benchmark Costs and Technology Evolution Framework Results",

abstract = "This report benchmarks 2020 PV module minimum sustainable price (MSP) via bottom-up manufacturing cost analysis, for established PV technologies in mass production, including crystalline silicon, cadmium telluride (CdTe), and copper indium gallium (di)selenide. We provide technology roadmaps to additional MSP reductions for these PV technologies. Separately, we consider III-V and perovskite PV technologies which are currently in small-scale or pilot production. Finally, this report uses a technology evolution framework (TEF) to analyze drivers of levelized cost of energy reductions, including installed system cost - which is heavily influenced by module price - as well as service life and annual energy yield.",

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author = "Brittany Smith and Michael Woodhouse and Kelsey Horowitz and Timothy Silverman and Jarett Zuboy and Robert Margolis",

year = "2021",

doi = "10.2172/1829459",

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T1 - Photovoltaic (PV) Module Technologies: 2020 Benchmark Costs and Technology Evolution Framework Results

AU - Smith, Brittany

AU - Woodhouse, Michael

AU - Horowitz, Kelsey

AU - Silverman, Timothy

AU - Zuboy, Jarett

AU - Margolis, Robert

PY - 2021

Y1 - 2021

N2 - This report benchmarks 2020 PV module minimum sustainable price (MSP) via bottom-up manufacturing cost analysis, for established PV technologies in mass production, including crystalline silicon, cadmium telluride (CdTe), and copper indium gallium (di)selenide. We provide technology roadmaps to additional MSP reductions for these PV technologies. Separately, we consider III-V and perovskite PV technologies which are currently in small-scale or pilot production. Finally, this report uses a technology evolution framework (TEF) to analyze drivers of levelized cost of energy reductions, including installed system cost - which is heavily influenced by module price - as well as service life and annual energy yield.

AB - This report benchmarks 2020 PV module minimum sustainable price (MSP) via bottom-up manufacturing cost analysis, for established PV technologies in mass production, including crystalline silicon, cadmium telluride (CdTe), and copper indium gallium (di)selenide. We provide technology roadmaps to additional MSP reductions for these PV technologies. Separately, we consider III-V and perovskite PV technologies which are currently in small-scale or pilot production. Finally, this report uses a technology evolution framework (TEF) to analyze drivers of levelized cost of energy reductions, including installed system cost - which is heavily influenced by module price - as well as service life and annual energy yield.

KW - benchmark

KW - CdTe

KW - CIGS

KW - cost model

KW - III-V

KW - module

KW - perovskite

KW - photovoltaic

KW - PV

KW - silicon

U2 - 10.2172/1829459

DO - 10.2172/1829459

M3 - Technical Report

ER -

Photovoltaic (PV) Module Technologies: 2020 Benchmark Costs and Technology Evolution Framework Results

Abstract

NREL Publication Number

Keywords

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