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National Renewable Energy Laboratory – Energy Market and Economic Analysis

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

Description

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

Click for more information. 

Point of Contact: Scott Jenne – dale.jenne@nrel.gov