Renewable Energy Planning: Multiparametric Cost Optimization; Preprint

Research output: Contribution to conferencePaper


This paper describes a method for determining the combination of renewable energy technologies that minimize life-cycle cost at a facility, often with a specified goal regarding percent of energy use from renewable sources. Technologies include: photovoltaics (PV); wind; solar thermal heat and electric; solar ventilation air preheating; solar water heating; biomass heat and electric (combustion,gasification, pyrolysis, anaerobic digestion); and daylighting. The method rests upon the National Renewable Energy Laboratory's (NREL's) capabilities in characterization of technology cost and performance, geographic information systems (GIS) resource assessment, and life-cycle cost analysis. The paper discusses how to account for the way candidate technologies interact with each other, and thesolver routine used to determine the combination that minimizes life-cycle cost. Results include optimal sizes of each technology, initial cost, operating cost, and life-cycle cost, including incentives from utilities or governments. Results inform early planning to identify and prioritize projects at a site for subsequent engineering and economic feasibility study.
Original languageAmerican English
Number of pages10
StatePublished - 2008
EventSOLAR 2008 - American Solar Energy Society (ASES) - San Diego, California
Duration: 3 May 20088 May 2008


ConferenceSOLAR 2008 - American Solar Energy Society (ASES)
CitySan Diego, California

NREL Publication Number

  • NREL/CP-670-42921


  • biomass heat
  • life-cycle cost
  • multiparametric cost optimization
  • photovoltaics (PV)
  • PV
  • renewable energy technologies
  • solar thermal heat and electric
  • solar ventilation air preheating
  • solar water heating
  • wind


Dive into the research topics of 'Renewable Energy Planning: Multiparametric Cost Optimization; Preprint'. Together they form a unique fingerprint.

Cite this