Innovation in EBOS: Lowering LCOE at Grid-Scale
A discussion with Shoals Technologies Group and Wood Mackenzie.
This white paper is brought to you by our partners at:
People working in, or even casually observing, the utility and energy space can see that the energy transition is accelerating. Utilities, regulators, and major industrials are setting renewable energy goals, making the investments, and doing the work to make the transition happen.
The emerging ecosystem of this new energy environment will depend on the success of a short list of key energy sources and enabling technologies, with grid-scale solar leading the charge.
This mini-brief explores how new Electric Balance of System (EBOS) technologies and processes are making sweeping improvements in grid-scale solar installation and operations.
Key take-aways include:
- A critical success factor for successful growth of grid-scale solar energy is managing and lowering the Levelized Cost of Energy (LCOE).
- Leveraging newer Electric Balance of System (EBOS) technologies and processes will be critical in achieving lower LCOE, creating savings in both labor at installation and in maintenance expenses over the life of the system.
- Additional benefits from new EBOS technologies and processes include improvements in safety and reliability.