Energy Aperture

Value chain · CLM-0249

In plain terms

Simply choosing a different interest rate to value future costs and income changes the final electricity price about as much as most of the technical improvements NASA tested -- and NASA never actually tested this choice.

The claim as recorded

Varying discount rate alone from 0% to 10% moves RD1's LCOE from 0.519 to 1.056 USD/kWh and RD2's from 0.821 to 2.016 USD/kWh, a swing comparable to or larger than most of the individual manufacturing and efficiency levers NASA OTPS tested in its own published sensitivity analysis, which never varies discount rate.

T0 own calculation · high confidence · as of 2026-09 · VER-149 CONFIRMED 2026-09-03 · XC02

Scope and limits

Does not establish what the "correct" discount rate for an SBSP programme should be; 3% (Government financing, no equity return) is a legitimate policy scenario, just not the only one worth reporting.

What it assumes

7% and 10% are ASSUMED illustrative private-sector discount rates (regulated-utility-scale WACC and higher-risk first-of-kind infrastructure WACC respectively), not sourced to a specific named benchmark.

Where it comes from

SRC-012 Space Based Solar Power., 2024

This is the project's own working, shown in full:

CALC-059 Discount rate, the lever the source report never varies
Trace, Section 10: discount-rate table, 0%/3%/7%/10% for both designs.

Basis: FY2022 USD, nominal; RD1 and RD2, all other inputs at baseline

Related records
Answers question
QST-004 not published in this release
QST-039 not published in this release

Cite this

energyaperture.com/c/clm-0249

CLM-0249, Energy Aperture, as of 2026-09.

Connected records

Other published records linked to this one. A list, not a judgement.

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More on the source page.