2017
DOI: 10.2172/1392206
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SunShot 2030 for Photovoltaics (PV): Envisioning a Low-cost PV Future

Abstract: NREL prints on paper that contains recycled content.1 The post-2030 PV costs continue to decline such that 2050 PV costs are 33% lower than the 2030 targets. See Appendix D for details on pathways that can achieve these low costs. 2 The ATB contains current and future cost and performance projections for the U.S. electricity sector technologies (NREL 2016). The mid-case projections from the ATB are used in these scenarios for all non-PV technologies unless otherwise stated. These mid-case projections include … Show more

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Cited by 29 publications
(46 citation statements)
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“…The 2017 DOE SunShot Initiative 2030 study envisions reducing the LCOE of solar PV electricity by 50% to $3/MWh for utility-scale systems between 2017 and 2030 [63]. An analysis of the impact of achieving the Sunshot 2030 goal estimates that PV might provide 17% of U.S. electricity in 2030 and 33% in 2050 [64].…”
Section: Three Changes In Productionmentioning
confidence: 99%
See 1 more Smart Citation
“…The 2017 DOE SunShot Initiative 2030 study envisions reducing the LCOE of solar PV electricity by 50% to $3/MWh for utility-scale systems between 2017 and 2030 [63]. An analysis of the impact of achieving the Sunshot 2030 goal estimates that PV might provide 17% of U.S. electricity in 2030 and 33% in 2050 [64].…”
Section: Three Changes In Productionmentioning
confidence: 99%
“…Both the Wind Vision and the SunShot 2030 Initiative recognize that achieving such significant growth in variable renewable energy generation requires investments in new transmission infrastructure and the existence of sufficient dispatchable generation or energy storage capacity to accommodate variability in wind and solar generation on many time frames. For example, the addition of low-cost storage (~$130/kWh by 2030) might boost PV to 55% of U.S. electricity in 2050 [64]. Low-cost storage (e.g., batteries) is also required to reduce curtailment in power from variable generation sources when they temporarily provide more power than is demanded.…”
Section: Three Changes In Productionmentioning
confidence: 99%
“…The ReEDS model was run for numerous scenarios associated with potential future cost reductions for PV systems, either with or without low‐cost energy storage . The scenarios incorporated policies that were current as of July 2017.…”
Section: Deployment Modelmentioning
confidence: 99%
“…The analysis reported here compares the plausible range (based on our assumptions) for deployment of photovoltaics (PV) in the USA using 2 very different models, one focused on supply of PV modules and one focused on demand for PV systems . The growth constraint in the supply‐focused model arises from the high capital investment required to expand the PV module supply chain.…”
Section: Introductionmentioning
confidence: 99%
“…Energy yield of bifacial system [4]. The goals have been set to achieve 5 ¢/kWh, 4 ¢/kWh, and ¢/kWh for residential, commercial, and utility scale systems, respectively by 2030.…”
Section: Ebmentioning
confidence: 99%