User manual for the CREST spreadsheet tool that helps policymakers evaluate renewable‑energy cost‑based incentives.
The CREST Cost of Renewable Energy Spreadsheet Tool (CREST) is a spreadsheet‑based model that estimates the cost of energy (COE) for solar, wind, geothermal, anaerobic digestion, and fuel‑cell projects. This manual explains the model’s architecture, input requirements, and how to run analyses to support policy decisions such as feed‑in tariffs.
The guide walks users through the five technology modules, describes input categories, financing options, and output calculations, and provides sample data and appendices for each technology. It also outlines how to perform sensitivity analyses and interpret results for policy‑making purposes.
| Version | 4 |
|---|---|
| Number of technology modules | 5 |
| Primary output | Cost of Energy (COE) in ¢/kWh |
The model calculates the cost of energy (COE) in cents per kilowatt‑hour.
Yes, it allows users to vary incentive durations, escalation rates, and other assumptions to test sensitivity.