Photovoltaic System Pricing Trends: Historical, Recent, and Near-Term Projections - 2014 Edition

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This is the third edition in an annual briefing prepared jointly by LBNL and NREL intended to provide a high-level overview of historical, recent, and projected near-term PV system pricing trends in the United States. The briefing draws on several ongoing research activities at the two labs, including:

  • LBNL's annual Tracking the Sun report series
  • NREL's bottom-up PV cost modeling
  • NREL's synthesis of PV market data and projections.

The briefing examines progress in PV price reductions to help DOE and other PV stakeholders manage the transition to a market-driven PV industry, and integrates different perspectives and methodologies for characterizing PV system pricing, in order to provide a broader perspective on underlying trends within the industry.


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