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The main improvements that drive reductions in • LCOE for these systems are: • Improvements in PV module cost and • efficiency • Reductions in installation costs through improved systems engineering • • Improved inverter reliability and performance and associated reductions in O&M costs. • Complete benchmark and analysis report on residential PV systems Complete functional version of Web-based distributed PV cost-benefits clearinghouse and calculator. Complete update to solar 2050 scenarios, using NEMS, MARKAL and/or SolarDS. Provide technical and analytical support to the WGA Solar Energy Task Force. Table 2 shows the current benchmarks and out- year projections of PV systems in all market sectors studied. Table 2. Current Benchmarks and Future Projections of PV System LCOE (cents/kWh) 5. Major FY 2005 Publications K. Comer et al. “Characteristics and Feedback from Residential PV Early Adopters,” ASES Solar 2005 Conference, Orlando, FL, August 6-12, 2005. T. Hoff, R. Perez, and R. Margolis, “Maximizing the Value of Customer-Sited PV Systems Using Storage and Controls,” ASES Solar 2005 Conference, Orlando, FL, August 6-12, 2005. J. Levene et al. “Analysis of Hydrogen Production from Renewable Electricity Sources,” ASES Solar 2005 Conference, Orlando, FL, August 6-12, 2005. L. Moore et al. “Photovoltaic Power Plant Experience at Arizona Public Service: A 5-Year Assessment,” Progress in Photovoltaics (in press). R. Perez et al. “Solution to the Summer Blackouts? How Dispersed Solar Power- Generating Systems Can Help Prevent the Next Major Outage,” Solar Today, Vol. 19, No. 4, pp. 32-35, July/August 2005. U.S. Department of Energy, Solar Energy Technologies Program Multi-Year Program Plan 2007-2011, DOE Office of Energy Efficiency and Renewable Energy, Washington, DC. September, 2005 (Draft). Residential Commercial Utility Flat Plate Utility CPV Off-grid 2005 2011 2020 32 15 10 18 10 6 16-22 10-15 7-10 15-28 10-15 79 46 7-11 31 Each of the systems shown in Table 2 includes some form of financing. For the utility cases, the numbers indicate the range between cash financing at the low end and Independent Power Producer financing, which includes an internalized profit and is thus more expensive. The Multi-Year Program Plan discusses these financing scenarios and associated assumptions in detail. 4. Planned FY 2006 Activities • Perform PV component- and system-level studies, using the Solar Advisor Model, necessary to conduct a PV Subprogram portfolio analysis. • Complete detailed PV BOS cost model for the Solar Advisor Model. • Gather detailed data on installed and operational costs of PV systems, including non-hardware aspects. Photovoltaic R&D Technology Development 100PDF Image | DOE Solar Energy Technologies Program
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