in News Departments > FYI
print the content item

A new Web application under development from the National Renewable Energy Laboratory (NREL) will provide technology cost and performance estimates that can be used to benchmark company costs, model energy scenarios and inform research and development decisions.

According to NREL, the Transparent Cost Database (TCDB) app will provide cost comparisons to make it much easier to view the range of estimates for what energy technologies - such as utility-scale wind farms, rooftop solar installations, biofuel production plants, or electric vehicles - might cost today or in the future.

NREL says the TCDB app was made possible through a grant from the U.S. Department of Energy's (DOE) Office of Energy Efficiency and Renewable Energy. It provides “a first-cut estimate of current and projected costs and performance characteristics for vehicles, biofuels and electricity generation,” with a current focus on renewables, according to Austin Brown, NREL analyst.

The TCDB displays DOE estimates and targets in a place that is easy to find and update, Brown adds. Until now, he says the estimates typically have been found in program-planning or budget documents that, although public, are difficult to find and collect.

The TCDB provides access to published historical and projected cost estimates for electricity generation, biofuels and vehicle technologies. The cost data is sourced from published studies and the DOE's internal planning documents.


Trachte Inc._id1770
Latest Top Stories

Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.


IRS Issues More PTC Guidance, Easing Some Wind Industry Concerns

The Internal Revenue Service (IRS) addresses how much work is needed on a wind farm to satisfy production tax credit (PTC) eligibility.


Embryonic No More: U.S. Offshore Wind Industry Gaining Momentum

After a decade of fits and starts, the industry is moving closer to installing the first generation of wind projects off the country's shores.


AWEA: U.S. Installs 853 MW Of Wind In First Half Of 2014

The American Wind Energy Association (AWEA) reveals the U.S. industry's progress thus far this year and underscores the importance of policy certainty.

Canwea_id1984
Renewable NRG_id1934
Tower Conference_id1965