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The methodology outlines how capital costs are structured and classified, how contracting approaches and contingencies are treated, and how owner and other cost elements are estimated. It also defines the economic assumptions used to calculate COE and LCOE, including finance structures and formula-based computations, followed by a revision control approach to maintain methodological traceability.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/forms/","Forms",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/quality-guidelines-for-energy-system-studies-cost-estimation-methodology-for-netl-techno-economic-assessments-march-2025/253082/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/quality-guidelines-for-energy-system-studies-cost-estimation-methodology-for-netl-techno-economic-assessments-march-2025/253082.png","ImageObject",442,249,{"name":42,"@type":43},"Franzy","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-25","2026-09-13",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",10,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"What is the document’s purpose for NETL techno-economic assessments?","Question",{"text":63,"@type":64},"It provides quality guidelines and a cost estimation methodology to standardize how cost and economic inputs are developed for energy system studies.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"How are capital costs handled in the methodology?",{"text":68,"@type":64},"The document defines levels of capital costs, cost estimate classification, contracting strategy (including EPC contractor services), and the estimation of capital cost contingencies, owner’s costs, and other costs.",{"name":70,"@type":61,"acceptedAnswer":71},"How are COE and LCOE calculations performed?",{"text":72,"@type":64},"It specifies economic assumptions, finance structures, and step-by-step formula approaches to calculate COE and estimate LCOE (or COP and LCOP), including related intermediate calculations.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},253082,1791652430,{"code":4,"msg":82,"data":83},"success",[84,89,94,99,104,109,113,118,123],{"id":85,"doc_module":22,"doc_module_name":25,"category_name":86,"show_sort_weight":87,"slug":88},11,"Presentations",90,"presentations",{"id":90,"doc_module":22,"doc_module_name":25,"category_name":91,"show_sort_weight":92,"slug":93},12,"Resumes",80,"resumes",{"id":95,"doc_module":22,"doc_module_name":25,"category_name":96,"show_sort_weight":97,"slug":98},14,"Invoices",70,"invoices",{"id":100,"doc_module":22,"doc_module_name":25,"category_name":101,"show_sort_weight":102,"slug":103},15,"Posters",60,"posters",{"id":105,"doc_module":22,"doc_module_name":25,"category_name":106,"show_sort_weight":107,"slug":108},16,"Social Media",50,"social-media",{"id":110,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":111,"slug":112},17,40,"forms",{"id":114,"doc_module":22,"doc_module_name":25,"category_name":115,"show_sort_weight":116,"slug":117},18,"Letters",30,"letters",{"id":119,"doc_module":22,"doc_module_name":25,"category_name":120,"show_sort_weight":121,"slug":122},21,"Paper Templates",5,"papers-templates",{"id":124,"doc_module":22,"doc_module_name":25,"category_name":125,"show_sort_weight":4,"slug":126},158,"General","general-158",{"code":4,"msg":82,"data":128},{"doc_id":79,"user_id":129,"nickname":42,"user_avatar":130,"doc_module":22,"category_id":110,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":136,"language":137,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":138,"faqs":139,"seo_title":140,"seo_description":12,"update_tm":141,"read_time":142},2336478945519,"https://ap-avatar.wpscdn.com/davatar_085a072bc5b1113ac321206ff7593b45","DISCLAIMER  \nThis report was prepared as an account of work sponsored by an agency of the United States Government. Neither the United States Government nor any agency thereof, nor any of their employees, makes any warranty, express or implied, or assumes any legal liability or responsibility for the accuracy, completeness, or usefulness of any information, apparatus, product, or process disclosed, or represents that its use would not infringe privately owned rights. Reference herein to any specific commercial product, process, or service by trade name, trademark, manufacturer, or otherwise does not necessarily constitute or imply its endorsement, recommendation, or favoring by the United States Government or any agency thereof. The views and opinions of authors expressed herein do not necessarily state or reflect those of the United States Government or any agency thereof. Reference herein to any social initiative (including but not limited to Diversity, Equity, and Inclusion (DEI); Community Benefits Plans (CBP); Justice 40; etc.) is made by the Author independent of any current requirement by the United States Government and does not constitute or imply endorsement, recommendation, or support by the United States Government or any agency thereof.  \nQUALITY GUIDELINES  \nFOR ENERGY SYSTEM STUDIES  \nCost Estimation Methodology for NETL Techno-economic Assessments  \nMarch 2025  \nDOE/NETL-2024/4856  \nDisclaimer  \nThis project was funded by the United States Department of Energy, National Energy Technology Laboratory, in part, through a site support contract. Neither the United States Government nor any agency thereof, nor any of their employees, nor the support contractor, nor any of their employees, makes any warranty, express or implied, or assumes any legal liability or responsibility for the accuracy, completeness, or usefulness of any information, apparatus, product, or process disclosed, or represents that its use would not infringe privately owned rights. Reference herein to any specific commercial product, process, or service by trade name, trademark, manufacturer, or otherwise does not necessarily constitute or imply its endorsement, recommendation, or favoring by the United States Government or any agency thereof. The views and opinions of authors expressed herein do not necessarily state or reflect those of the United States Government or any agency thereof.  \nAll images in this report were created by NETL, unless otherwise noted.  \nAmeya Sampath1,2: Methodology, Writing – Original Draft;  \nRobert Wallace 1,2: Methodology, Writing – Original Draft;  \nNorma Kuehn 1,2: Writing – Review and Editing; Marc Turner1,2: Writing – Review and Editing; Jeff Roark,2: Methodology, Review, and Editing  \n1 National Energy Technology Laboratory (NETL)  \n2 NETL support contractor  \n*Corresponding contact: Gavin Pickenpaugh, [gavin.pickenpaugh@netl.doe.gov](gavin.pickenpaugh@netl.doe.gov), 412-386-7391  \nSuggested Citation:  \nNational Energy Technology Laboratory, \"Quality Guidelines for Energy System Studies: Cost Estimation Methodology for NETL Techno-economic Assessments,\" Department of Energy, Pittsburgh, PA, March 2025.  \nThis page intentionally left blank.  \nTABLE OF CONTENTS  \nList of Exhibits ............................................................................................................................ 5  \nList of Equations........................................................................................................................ 6  \nAcronyms and Abbreviations ................................................................................................. 7  \n1 Introduction....................................................................................................................... 9  \n2 Capital Costs..................................................................................................................... 9  \n2.1 Levels of Capital Costs ..............................................","cbCaicmNRJYUpB7Y","https://ap.wps.com/l/cbCaicmNRJYUpB7Y","pdf",1576663,37,"English","# List of Exhibits\n# List of Equations\n# Acronyms and Abbreviations\n# 1 Introduction\n# 2 Capital Costs\n## 2.1 Levels of Capital Costs\n## 2.2 Cost Estimate Classification\n## 2.3 Contracting Strategy and EPC Contractor Services\n## 2.4 Estimation of Capital Cost Contingencies\n## 2.4.1 Process Contingency\n## 2.4.2 Project Contingency\n## 2.5 Estimation of Owner’s Costs\n## 2.6 Other Costs\n# 3 Economic Assumptions for COE and LCOE\n## 3.1 Economic Assumptions\n## 3.2 Finance Structures\n## 3.2.1 Future Updates to ATWACC Estimates\n## 3.3 Calculating COE\n## 3.4 Estimating COE and LCOE (or COP and LCOP) Using Formulas\n## 3.4.1 Calculating the COE\n## 3.4.2 Estimating TASC from TOC\n## 3.5 Estimating LCOE\n# 4 Revision Control","[{\"question\":\"What is the document’s purpose for NETL techno-economic assessments?\",\"answer\":\"It provides quality guidelines and a cost estimation methodology to standardize how cost and economic inputs are developed for energy system studies.\"},{\"question\":\"How are capital costs handled in the methodology?\",\"answer\":\"The document defines levels of capital costs, cost estimate classification, contracting strategy (including EPC contractor services), and the estimation of capital cost contingencies, owner’s costs, and other costs.\"},{\"question\":\"How are COE and LCOE calculations performed?\",\"answer\":\"It specifies economic assumptions, finance structures, and step-by-step formula approaches to calculate COE and estimate LCOE (or COP and LCOP), including related intermediate calculations.\"}]","Quality Guidelines for Energy System Studies - Cost Estimation Methodology for NETL Techno-economic Assessments - March 2025 | PDF",1789264186,13]