New moves to empower business with relevant energy information have been announced.
As part of US Energy Department's Open Energy Information platform and its continued move to open and transparent energy data, the Department released on 16 July a new public database featuring cost and performance estimates for electric generation, advanced vehicle, and renewable fuel technologies. The Transparent Cost Database (TCDB) provides technology cost estimates for companies, utilities, policy makers, consumers, and academics, and can be used to benchmark company costs, model energy scenarios, and inform research and development decisions. The database makes it much easier to view the range of estimates for what energy technologies, such as a utility-scale wind farm, rooftop solar installation, biofuel production plant, or an electric vehicle, might cost today or in the future.
By providing an initial estimate of current and projected costs and performance characteristics for vehicles, biofuels, and renewable electricity generation, the new database will help companies and investors make informed decisions supporting the commercialisation and deployment of clean energy.