In this report, Rocky Mountain Institute (RMI), with support from the U.S. Department of Energy’s SunShot Initiative, investigates opportunities to optimize and demonstrate DPV’s value as it is integrated into the grid to utilities, customers, and solar companies alike.
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As distributed generation continues its rapid expansion, these new resources will have an increasingly larger role.
In this paper we present the architecture of a theoretically-based and empirically-driven agent-based model fot technology adaptation, with an application to residential solar photovoltaics (PV).
The Executive Summary from the report:
LAS VEGAS, NV – Calling solar "critical to the United States" when it comes to meeting its future carbon reduction goals, Department of Energy Secretary Ernest Moniz today delivered the keynote address at Solar Power International (SPI), the largest solar trade show in America, co-sponsored by the Solar Energy Industries Association (SEIA).
"Cost reduction, as we have seen dramatically in solar energy, is very much a part of shaping our clean energy future," Moniz said. "We've seen costs of modules decline by nearly 80 percent.
Utilities have taken on the practice of applying standby and fixed cost charges specific to solar PV for customers choosing to go solar as a means to recover costs resulting from net energy metering (NEM).
While PV modules and other hardware costs have dropped significantly over recent years, non-hardware soft costs have also fallen, but not nearly as sharply.