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Download Quality Guidelines for Energy System Studies: Cost Estimation Methodology for NETL Assessments of Power Plant Performance
<< Return DOE/NETL-2011/1455

Date: 8/1/2011
Type: Procedure
Status: Active
NETL Contact: Travis Shultz
Technology Focus Area(s):
Analysis Focus Area(s):
Author(s): Kristin Gerdes (NETL); Wm Morgan Summers (NETL); John G Wimer (NETL)

Product Description
This paper summarizes the costing methodology employed by the National Energy Technology Laboratory (NETL) in its costing models and baseline reports. Further, it defines the specific levels of capital cost as well as outlines the costing metrics by which NETL evaluates various power producing plants. These metrics and a clear understanding of the methodology used are essential in allowing different power plant technologies to be compared on a similar basis. Though these guidelines are tailored for power producing plants, they can also be applied to a variety of different revenue generating plants (e.g., coal to liquids, syngas generation, hydrogen).