Download presentation
Presentation is loading. Please wait.
Published byDaniella Ball Modified over 9 years ago
1
Copyright © Sustainable Energy Advantage, LLC. Cost of Renewable Energy Spreadsheet Tool (CREST) An Introduction & Primer Jason Gifford Sustainable Energy Advantage, LLC March 31, 2011
2
Copyright © Sustainable Energy Advantage, LLC. Confidential. Subject to Terms of Subscription Agreement. Renewable Energy Cost Modeling Project Objectives: Create a toolkit for cost-based rate-setting in the US –Report, Models, User Manual CREST models: –A cost-of-energy analysis tool intended to assist policy makers evaluating the appropriate payment rate for a cost-based renewable energy incentive policy. –Initial Phase = Solar CREST, Wind CREST (Complete) –Subsequent Phase = Geothermal CREST (Complete) CREST models (and Report and User Manuals) are publicly available at: http://financere.nrel.gov/finance/content/crest-model 1
3
Copyright © Sustainable Energy Advantage, LLC. Confidential. Subject to Terms of Subscription Agreement. Project Team National Renewable Energy Laboratory (NREL) –Exeter Associates, Inc. Sustainable Energy Advantage (SEA) Meister Consultants Group (MCG) 2
4
Copyright © Sustainable Energy Advantage, LLC. Confidential. Subject to Terms of Subscription Agreement. Inputs Size & Performance Capital Costs O&M Costs Financing Ownership/Tax Incentives Reserves Depreciation Constraints Debt Service Coverage Ratios –Minimum –Average Features Level of Cost Detail Public/Private Ownership Tax benefit carry- forward Incentives 3 Outputs Cost of Energy Levelized Cost of Energy CREST Model Key Assumptions: Cost-based, Fixed Payment, Long-Term Balancing Priorities: Ease of Use vs. Advanced Functionality Automation vs. “No Macros”
5
Copyright © Sustainable Energy Advantage, LLC. Confidential. Subject to Terms of Subscription Agreement. MODEL INTRO & WALK- THROUGH… 4
6
Copyright © Sustainable Energy Advantage, LLC. Confidential. Subject to Terms of Subscription Agreement. 5 Sustainable Energy Advantage, LLC Office: 10 Speen Street, 3 rd Floor Framingham, MA 01701 (508) 665-5850 www.seadvantage.com Contact: Jason Gifford tel. 802-846-7627 jgifford@seadvantage.com jgifford@seadvantage.com
Similar presentations
© 2024 SlidePlayer.com Inc.
All rights reserved.