WREF 2012: Grid Parity for Residential Photovoltaics in the United States: Key Drivers and Sensitivities

Sean Ong; Paul Denholm; Nathan Clark

WREF 2012: Grid Parity for Residential Photovoltaics in the United States: Key Drivers and Sensitivities

Sean Ong, Paul Denholm, Nathan Clark

Grid Planning and Analysis Center

National Renewable Energy Laboratory

Research output: Contribution to conference › Paper › peer-review

1 Scopus Citations

Abstract

Grid parity for photovoltaic (PV) technology is defined as the point where the cost of PV-generated electricity equals the cost of electricity purchased from the grid. Achieving grid parity is a function of many variables, including the solar resource, local electricity prices, and various incentives. In this report, we evaluate some of the key drivers of grid parity both regionally and over time. We begin by considering a base-case scenario, which includes a single set of assumptions for financing, technical performance, and several other factors. We also consider how grid parity may change over time considering the evolution of PV technical performance, financing parameters, electricity prices and rates, and policies.

Original language	American English
Pages	3363-3369
Number of pages	7
State	Published - 2012
Event	World Renewable Energy Forum, WREF 2012, Including World Renewable Energy Congress XII and Colorado Renewable Energy Society (CRES) Annual Conference - Denver, CO, United States Duration: 13 May 2012 → 17 May 2012

Conference

Conference	World Renewable Energy Forum, WREF 2012, Including World Renewable Energy Congress XII and Colorado Renewable Energy Society (CRES) Annual Conference
Country/Territory	United States
City	Denver, CO
Period	13/05/12 → 17/05/12

Bibliographical note

See CP-6A20-54527 for preprint

NREL Publication Number

NREL/CP-6A20-57020

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Cite this

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title = "WREF 2012: Grid Parity for Residential Photovoltaics in the United States: Key Drivers and Sensitivities",

abstract = "Grid parity for photovoltaic (PV) technology is defined as the point where the cost of PV-generated electricity equals the cost of electricity purchased from the grid. Achieving grid parity is a function of many variables, including the solar resource, local electricity prices, and various incentives. In this report, we evaluate some of the key drivers of grid parity both regionally and over time. We begin by considering a base-case scenario, which includes a single set of assumptions for financing, technical performance, and several other factors. We also consider how grid parity may change over time considering the evolution of PV technical performance, financing parameters, electricity prices and rates, and policies.",

author = "Sean Ong and Paul Denholm and Nathan Clark",

note = "See CP-6A20-54527 for preprint; World Renewable Energy Forum, WREF 2012, Including World Renewable Energy Congress XII and Colorado Renewable Energy Society (CRES) Annual Conference ; Conference date: 13-05-2012 Through 17-05-2012",

year = "2012",

language = "American English",

pages = "3363--3369",

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Ong, S, Denholm, P & Clark, N 2012, 'WREF 2012: Grid Parity for Residential Photovoltaics in the United States: Key Drivers and Sensitivities', Paper presented at World Renewable Energy Forum, WREF 2012, Including World Renewable Energy Congress XII and Colorado Renewable Energy Society (CRES) Annual Conference, Denver, CO, United States, 13/05/12 - 17/05/12 pp. 3363-3369.

WREF 2012: Grid Parity for Residential Photovoltaics in the United States: Key Drivers and Sensitivities. / Ong, Sean; Denholm, Paul; Clark, Nathan.
2012. 3363-3369 Paper presented at World Renewable Energy Forum, WREF 2012, Including World Renewable Energy Congress XII and Colorado Renewable Energy Society (CRES) Annual Conference, Denver, CO, United States.

Research output: Contribution to conference › Paper › peer-review

TY - CONF

T1 - WREF 2012: Grid Parity for Residential Photovoltaics in the United States: Key Drivers and Sensitivities

AU - Ong, Sean

AU - Denholm, Paul

AU - Clark, Nathan

N1 - See CP-6A20-54527 for preprint

PY - 2012

Y1 - 2012

N2 - Grid parity for photovoltaic (PV) technology is defined as the point where the cost of PV-generated electricity equals the cost of electricity purchased from the grid. Achieving grid parity is a function of many variables, including the solar resource, local electricity prices, and various incentives. In this report, we evaluate some of the key drivers of grid parity both regionally and over time. We begin by considering a base-case scenario, which includes a single set of assumptions for financing, technical performance, and several other factors. We also consider how grid parity may change over time considering the evolution of PV technical performance, financing parameters, electricity prices and rates, and policies.

AB - Grid parity for photovoltaic (PV) technology is defined as the point where the cost of PV-generated electricity equals the cost of electricity purchased from the grid. Achieving grid parity is a function of many variables, including the solar resource, local electricity prices, and various incentives. In this report, we evaluate some of the key drivers of grid parity both regionally and over time. We begin by considering a base-case scenario, which includes a single set of assumptions for financing, technical performance, and several other factors. We also consider how grid parity may change over time considering the evolution of PV technical performance, financing parameters, electricity prices and rates, and policies.

UR - http://www.scopus.com/inward/record.url?scp=84871580639&partnerID=8YFLogxK

M3 - Paper

AN - SCOPUS:84871580639

SP - 3363

EP - 3369

T2 - World Renewable Energy Forum, WREF 2012, Including World Renewable Energy Congress XII and Colorado Renewable Energy Society (CRES) Annual Conference

Y2 - 13 May 2012 through 17 May 2012

ER -

WREF 2012: Grid Parity for Residential Photovoltaics in the United States: Key Drivers and Sensitivities

Abstract

Conference

Bibliographical note

NREL Publication Number

UN SDGs

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