The geography of project finance in U.S. electricity generation

Technology costs, state and federal policies and incentives, and local factors such as construction costs and prevailing electricity prices interact to determine the economic favorability of a generation technology in a particular place. To disentangle these factors and better understand how federal policies can make new generation economically viable, we present an integrated multi-technology, state-level project finance model called the Project Finance Mapping Tool and apply it to a variety of policy scenarios.