Estimated Cost of New Renewable and Fossil Generation in California
Final Staff Report

Estimated Cost of New Renewable and Fossil Generation in California


Estimated Cost of New Renewable and Fossil Generation in California, Final Staff Report
(PDF file, 277 pages, 3.7 mb).


Publication Number: CEC-200-2014-003-SF
Publication Date: March 9, 2015

Report Attachment

Cost of Generation Model [.xlsm extension]. Posted: November 12, 2015. (Microsoft Excel file, 1.7 megabytes - Note: Excel Macro-Enabled Workbook)

 

Cost of Generation User’s Guide Version 3, Based on Version 3.98 of the Cost of Generation Model. Posted: December 1, 2016. (PDF file, 1.6 megabytes)


Abstract

This report summarizes the cost trends for utility-scale generation resources that may be built in California over the next decade. These resources include solar, wind, geothermal, biomass, and gas-fired technologies. Trends in technology, permitting, construction, and financing costs are considered. The instant and installed costs for each type of technology are presented for investor-owned, publicly owned, and merchant-owned generation resources. Finally, the levelized costs necessary to provide financial incentive for development are estimated using an updated Cost of Generation Model. These values are presented with both deterministic and probabilistic ranges of potential costs over the next 10 years.