CREST Geothermal

From Open Energy Information

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In response to a request by several state public utility commissions (PUCs) and the National Association of Regulatory Utility Commissions, NREL commissioned development of the CREST models from Sustainable Energy Advantage (SEA). The models were designed to enable PUCs and the renewable energy community assess projects, design cost-based incentives (e.g., feed-in tariffs), and evaluate the impact of tax incentives or other support structures. Three CREST models are available: Solar, Wind and Geothermal.

The Cost of Renewable Energy Spreadsheet Tool (CREST) was developed for NREL by Sustainable Energy Advantage (SEA). NREL was seeking a tool that was very flexible, really easy to use, and was able to incorporate the wide array of federal and state incentives currently (or not) available to RE project deployment—not an easy task. SEA conducted a thorough review of publicly available models and cherry-picked the best features. For those who find NREL's System Advisor Model (SAM) too complex for their analysis needs but still want an analytically robust levelized cost of energy (LCOE) tool, CREST may be a good option for you.

The CREST Geothermal model is available here.


  1.  "CREST Cost of Energy Models"
  2.  "Renewable Energy Project Finance Blog"