National Renewable Energy Laboratory – Energy Market and Economic Analysis
National Renewable Energy Laboratory – Energy Market and Economic Analysis
NREL's marine energy and hydropower researchers provide water power stakeholders with a variety of tools to quantify the economic impact of technology innovations and economic feasibility studies. These analyses have been used to focus technology development pathways and highlight near-term economic opportunities for water power technology developers.
The techno-economic modeling and analysis staff is integrated with hydrodynamic modeling, grid integration, resource characterization, and hardware validation/characterization staff, as well as other renewable technology researchers, to ensure that the most appropriate models and simulation techniques are leveraged for analyses.
Capabilities include:
- Economic model development
- Levelized cost of energy analysis
- System cost - estimating
- Performance modeling
- Customized analysis for end users
- Blue economy market analysis
- System Advisor Model
Point of Contact:
Elena Baca – elena.baca@nrel.gov