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DOE OSTI2021

Land-Based Wind Market Report: 2021 Edition

The U.S. Department of Energy's 2021 edition of its land-based wind market report provides an overview of key trends in the U.S. wind power market, with a focus on 2020. You can find a report, data file and presentation on the Files tab, below. Additionally, several data visualizations are available on the Visualizations tab. Highlights of this year’s update include: -Wind comprises a growing share of electricity supply: U.S. wind power capacity grew at a record pace in 2020, with 25 billion dollars invested in 16.8 GW of capacity. Wind energy output rose to account for more than 8% of the entire nation’s electricity supply, and is more than 20% in 10 states. At least 209 GW of wind are seeking transmission interconnection; 61 GW of this capacity are offshore wind and 13 GW are hybrid plants that pair wind with storage or PV. -Wind project performance has increased over time: The average capacity factor among recently built projects was over 40%, considerably higher than projects built earlier. The highest capacity factors are seen in the interior ‘wind belt’ of the country. -Turbines continue to get larger: Improved plant performance has been driven by larger turbines mounted on taller towers and featuring longer blades. In 2010, no turbines employed blades that were 115 meters in diameter or larger, but in 2020, 91% of newly installed turbines featured such rotors. Proposed projects indicate that total turbine height will continue to rise. -Low wind turbine pricing has pushed down installed project costs over the last decade: Wind turbine prices are averaging 775–850 dollars/kW. The average installed cost of wind projects in 2020 was 1,460 dollars/kW, down more than 40% since the peak in 2010, though stable for the last three years. The lowest costs were found in Texas and the (non-ISO) West. -Wind energy prices remain low, around 20 dollars/MWh in the interior of the country: After topping out at 70 dollars/MWh for power purchase agreements (PPAs) executed in 2009, the national average price of wind PPAs has dropped. In the interior ‘wind belt’ of the country, recent pricing is around 20 dollars/MWh. In the West and East, prices tend to average 30 dollars/MWh or more. These prices, which are possible in part due to federal tax support, fall below the projected future fuel costs of gas-fired generation. -Wind PPA prices are often attractive compared to wind’s grid-system market value: The value of wind in wholesale power markets is affected by the location of wind plants, their hourly output profiles, and how those characteristics correlate with real-time electricity prices and capacity markets. The market value of wind declined in 2020, following natural gas prices lower and averaging under 15 dolalrs/MWh in ERCOT, MISO, NYISO and SPP; higher values were seen in CAISO, ISO-NE and PJM. -The average levelized cost of wind energy is down to 33 dollars/MWh: Levelized costs, which exclude the impacts of federal tax incentives, vary across time and geography, but the national average stood at 33 dollars/MWh in 2020—down substantially historically, though consistent with the previous two years. Levelized costs were lowest in ERCOT, SPP, and the (non-ISO) West. -The health and climate benefits of wind in 2020 were larger than its grid-system value, and the combination of all three far exceeds the current levelized cost of wind: Wind generation reduces power-sector emissions of carbon dioxide, nitrogen oxides, and sulfur dioxide. These reductions, in turn, provide public health and climate benefits that vary regionally, but together are economically valued at an average of 76 dollars/MWh-wind nationwide in 2020. -The domestic supply chain for wind equipment is diverse: For wind projects recently installed in the U.S., domestically manufactured content is highest for nacelle assembly (>85%), towers (60-75%), and blades and hubs (30-50%), but is much lower for most components internal to the nacelle.

17 WIND ENERGY↗

DOE OSTI2024

Special Considerations for the Removal and Disposal of Micro-Reactor Experiments

Idaho National Laboratory (INL) is preparing to host several microreactor experiments through 2030 and beyond. Two new test beds currently under development will operate as microreactor or nuclear system experiment user facilities. Test bed experiments will be performed in series, with each nuclear experiment installed, operated, and removed before installation of the subsequent experiment. The necessarily brief transition period between experiments introduces unique equipment removal and radioactive waste disposal challenges. This paper evaluates equipment removal and radioactive waste management topics associated with tight sequencing of nuclear experiments and presents some of the solutions and approaches currently planned to meet these special considerations for one such experiment, the Molten Chloride Reactor Experiment (MCRE), slated for operation at INL’s Laboratory for Operation and Testing in the United States (LOTUS). The MCRE project is a collaboration between Southern Company Services, TerraPower, and INL, among others, to provide integral nuclear data that will advance molten salt fast reactor technology. MCRE will be the first critical fast-spectrum circulating fuel system ever operated and the first experiment operated in the LOTUS test bed. The experiment will nominally operate at zero power with planned low power excursions as part of operational planning for MCRE has been to minimize at-power operations to limit fission product formation while still achieving experimental objectives. After the experiment is complete, MCRE will be allowed to radioactively decay for a short period (nominally 90 days) prior to system defueling, flushing, removal, and disposal of all MCRE equipment, readying the test bed for the next nuclear experiment. Equipment removal and radioactive waste disposal have been integral to MCRE project planning since the Cooperative Research and Development Agreement was formalized in 2021. Due to requirements for future use of the test bed, the MCRE system, of necessity, must be removed in a much shorter time frame than typical for historic reactor decommissioning projects at INL. This results in minimal time for radioactive decay, resulting in not only elevated radiation dose rates but also the presence of short-to-medium-lived isotopes not typically encountered in the reactor decommissioning and radioactive waste management space. Additional unique constraints placed on the project include lack of intrinsic remote-operations capabilities in the test bed, space constraints in the test bed once MCRE has been installed, and contamination minimization requirements to return the test bed to as-found conditions to enable future use. This paper discusses planned solutions to these challenges. Approaches for implementing remote or semi-remote technologies in a non-hot cell environment with limited space availability are discussed. The paper also summarizes the systems engineering approach for concept development and design of equipment removal systems, which are being implemented concurrent with the MCRE design phase, providing feedback to system designers to incorporate features enabling efficient and safe equipment removal approaches. The timing of this paper at a relatively early phase of the project is meant to highlight the importance of early planning for nuclear system decommissioning while reactor design is ongoing to allow design feedback on componentry driven from decommissioning system needs. As new, innovative nuclear reactor technologies enter the nuclear market sector, reactor experiments are crucial for providing new integral nuclear data that establish safe operational margins for technology advancement. Microreactor experiments at INL will require safe, effective, and timely decommissioning approaches, which in turn require nuclear systems designed to expedite decommissioning. In addition to the advancement of nuclear reactor technologies, these nuclear experiments provide an opportunity to demonstrate, deploy, and test new removal and disposal capabilities to support the next generation of nuclear reactor technology.

12 MANAGEMENT OF RADIOACTIVE AND NON-RADIOACTIVE W↗

DOE OSTI2021

Thresholding Analysis and Feature Extraction from 3D Ground Penetrating Radar Data for Noninvasive Assessment of Peanut Yield

This study explores the efficacy of utilizing a novel ground penetrating radar (GPR) acquisition platform and data analysis methods to quantify peanut yield for breeding selection, agronomic research, and producer management and harvest applications. Sixty plots comprising different peanut market types were scanned with a multichannel, air-launched GPR antenna. Image thresholding analysis was performed on 3D GPR data from four of the channels to extract features that were correlated to peanut yield with the objective of developing a noninvasive high-throughput peanut phenotyping and yield-monitoring methodology. Plot-level GPR data were summarized using mean, standard deviation, sum, and the number of nonzero values (counts) below or above different percentile threshold values. Best results were obtained for data below the percentile threshold for mean, standard deviation and sum. Data both below and above the percentile threshold generated good correlations for count. Correlating individual GPR features to yield generated correlations of up to 39% explained variability, while combining GPR features in multiple linear regression models generated up to 51% explained variability. The correlations increased when regression models were developed separately for each peanut type. This research demonstrates that a systematic search of thresholding range, analysis window size, and data summary statistics is necessary for successful application of this type of analysis. The results also establish that thresholding analysis of GPR data is an appropriate methodology for noninvasive assessment of peanut yield, which could be further developed for high-throughput phenotyping and yield-monitoring, adding a new sensor and new capabilities to the growing set of digital agriculture technologies.

54 ENVIRONMENTAL SCIENCES↗

DOE OSTI2022

Land-Based Wind Market Report: 2022 Edition

The U.S. Department of Energy's 2022 edition of its Land-Based Wind Market Report provides an overview of key trends in the U.S. wind power market, with a focus on 2021. You can find a report, data file and presentation on the Files tab, below. Additionally, several data visualizations are available on the Visualizations tab. Despite ongoing supply chain challenges, wind energy in 2021 continued to see strong growth, technology improvements, and low prices in the U.S. Key highlights include: Wind comprises a growing share of electricity supply: U.S. wind power capacity grew at a strong pace in 2021, with the 13.4 GW of new additions representing a $\$20$ billion investment and 32% of all newly added U.S. generation capacity. Wind energy output rose to account for more than 9% of the entire nation’s electricity supply. At least 247 GW of wind are seeking transmission interconnection; 77 GW of this capacity are offshore wind and 19 GW are hybrid plants that pair wind with storage or solar PV. Wind project performance has increased over the decades: The average capacity factor among recently built projects was nearly 40%, considerably higher than projects built earlier. The highest capacity factors are seen in the interior ‘wind belt’ of the country. Turbines continue to get larger: Improved plant performance has been driven by larger turbines mounted on taller towers and featuring longer blades. In 2011, no turbines employed blades that were 115 meters in diameter or larger, but in 2021, 89% of newly installed turbines featured such rotors. Proposed projects indicate that total turbine height will continue to rise. Low wind turbine pricing has pushed down installed project costs over the last decade: Wind turbine prices averaged $\$800$–$\$950$/kW in 2021, a 5% to 10% increase from the year prior but substantially lower than in 2010. The average installed cost of wind projects in 2021 was $\$1,500$/kW, down more than 40% since the peak in 2010, though relatively stable in recent years. The lowest costs were found in Texas and the (non-ISO) West. Wind energy prices are on the rise, but generally remain low, around $\$20$/MWh in the interior of the country with higher prices in the West and East. After topping out above $\$75$/MWh for power purchase agreements (PPAs) executed in 2009, the national average price of wind PPAs has dropped—though supply-chain pressures have resulted in increased prices in recent years. In the interior ‘wind belt’ of the country, recent pricing is around $\$20$/MWh. In the West and East, prices tend to average above $\$30$/MWh. These prices, which are possible in part due to federal tax support, fall below the projected future fuel costs of gas-fired generation. Wind PPA prices are often attractive compared to wind’s grid-system market value: The value of wind in wholesale power markets is affected by the location of wind plants, their hourly output profiles, and how those characteristics correlate with real-time electricity prices and capacity markets. The market value of wind increased in 2021, averaging $\$16$/MWh in MISO, $\$19$/MWh in SPP, $\$23$/MWh in NYISO, $\$31$/MWh in ERCOT, $\$33$/MWh in PJM, $\$44$/MWh in ISO-NE, and $\$48$/MWh in CAISO. The average levelized cost of wind energy was $\$32$/MWh for plants built in 2021: Levelized costs, which exclude the impacts of federal tax incentives, vary across time and geography. The national average stood at $\$32$/MWh in 2021—down substantially historically, though relatively stable in recent years. Levelized costs were lowest in ERCOT, SPP, and the (non-ISO) West. The health and climate benefits of wind in 2021 were larger than its grid-system value, and the combination of all three far exceeds the current levelized cost of wind: Wind generation reduces power-sector emissions of carbon dioxide, nitrogen oxides, and sulfur dioxide. These reductions, in turn, provide public health and climate benefits that vary regionally, but together are economically valued at an average of over $\$90$/MWh-wind for plants built in 2021.

17 WIND ENERGY↗

DOE OSTI2020

2017 Bioenergy Industry Status Report

This report provides a snapshot of the bioenergy industry status at the end of 2017. The report compliments other annual market reports from the Department of Energy's (DOE's) Office of Energy Efficiency and Renewable Energy (EERE) offices and is supported by DOE's Bioenergy Technologies Office (BETO). The 2017 Bioenergy Industry Status Report focuses on past year data covering multiple dimensions of the bioenergy industry and does not attempt to make future market projections. The report provides a balanced and unbiased assessment of the industry and associated markets. It is openly available to the public and is intended to compliment International Energy Agency and industry reports with a focus on DOE stakeholder needs.

09 BIOMASS FUELS↗

DOE OSTI2024

2022 Bioenergy Industry Status Report

This report provides a snapshot of the bioenergy industry status at the end of 2022. The report compliments other annual market reports from the Department of Energy's (DOE's) Office of Energy Efficiency and Renewable Energy (EERE) offices and is supported by DOE's Bioenergy Technologies Office (BETO). The 2022 Bioenergy Industry Status Report focuses on past year data covering multiple dimensions of the bioenergy industry and does not attempt to make future market projections. The report provides a balanced and unbiased assessment of the industry and associated markets. It is openly available to the public and is intended to compliment International Energy Agency and industry reports with a focus on DOE stakeholder needs.

09 BIOMASS FUELS↗

DOE OSTI2022

Fort Mojave Indian Tribe Aha Macav Power Service Renewable Energy Project

Aha Macav Power Service (AMPS), on behalf of the Fort Mojave Indian Tribe received a Department of Energy Solar grant. Partnering with Stockbridge Energy Group and the Department of Energy, AMPS was able to construct, install, test and successfully put into operation a 2.3 MW solar field. As provided in the solar data, this project has helped to offset the cost of open market purchase power needed to meet the needs of the Tribe. The estimated value of the solar energy produced in FY2021 currently is more than $294,000. Eventual expansion of the solar project is projected to create future energy independence for the Fort Mojave Indian Tribe.

14 SOLAR ENERGY↗

DOE OSTI2024

Accelerating Residential Building Decarbonization: Market Guidance to Scale Zero-Carbon-Aligned Buildings

The US buildings sector faces a confluence of challenges, including a clear necessity to decarbonize the built environment to mitigate climate change, a need for greater resilience in the face of more frequent extreme weather events, a dearth of affordable housing, and flat or declining construction productivity that hinders the sector’s ability to adapt. Better data and guidance on new and existing residential buildings can outline paths forward for the market. These can help clarify stakeholder priorities and highlight applications for new (or newly relevant) technologies and approaches that have the potential to break traditional barriers, bridge technical gaps, reduce costs, create added value, and enable decarbonization of the national residential building stock. Decarbonizing the national building stock before 2050 will require massive increases in zero-carbon retrofits and new construction in this decade. By 2030, whole-home retrofit activity must increase several fold, and virtually all new construction will need to be zero carbon. It is difficult to imagine achieving this transformation without substantial changes in how buildings are constructed and retrofitted.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

DOE OSTI2022

Consolidated Hydropower Data Repository: Value and Opportunities

Hydropower is one of several types of generating assets that provides energy, capacity, and services to electric power systems. It does so under rubrics and objectives—market driven and regulated, internal and external to asset and fleet owners—that address reliability, cost, price, and, increasingly, flexibility of output. The aggregation of data from multiple hydropower units can provide insights into asset operations and maintenance practices and needs and assist in meeting hydropower objectives. This paper examines the concept and potential benefits of aggregating hydropower asset data—primarily supervisory control and data acquisition (SCADA) information—with examples of insights developed from data aggregated by the Hydropower Research Institute (HRI). Data aggregation as discussed herein, and as implemented by the HRI, extends beyond multiple units in a powerhouse and beyond multiple hydropower facilities in an electric utility fleet or river system. Examples of research and analytics from such aggregated datasets range from unit load dependency analyses to modeling sensor measurements to detect and diagnose anomalies in assets. These examples showed the benefits of utilizing the entire dataset for insights into how the sensor layout of a single unit or set of units compares to the hydropower industry overall. Such insights include whether additional sensors are needed to complete analyses or to make decisions. In addition, utilizing multiple sensors of the same kind within a unit can provide an indication of possible current or upcoming problems with equipment. Although other analyses are possible, their use requires the development of complex models and, potentially, access to types of data that are currently not included with the example dataset used in this study. However, the examples studied herein confirmed the value of data aggregation in the fleet and unit contexts, and the value extends beyond multiple units in a powerhouse and beyond multiple hydropower facilities in an electric utility fleet or river system. The assessments also provided insights into potential extensions to the data aggregation concept that could further add to their value to the hydropower community, and these are included in this document as a set of recommendations.

13 HYDRO ENERGY↗

DOE OSTI2021

BETO 2021 Peer Review - Catalytic Upgrading of Pyrolysis Vapors 2.3.1.314

Catalytic fast pyrolysis (CFP) is a versatile pathway for the direct liquefaction of biomass and waste carbon sources to generate a stabilized bio-oil intermediate that can be further processed into renewable fuels, chemicals, and materials. The objective of this project is advance the CFP state-of-technology through integrated catalyst and process development, expand market responsiveness by creating routes to novel co-products, and provide experimental data to inform process modelling and scale-up activities. Research advancements over the past two years include reducing analytical uncertainty by achieving 100 ± 1% carbon balances during reaction testing with woody biomass, improving process efficiency by achieving a 4x increase in catalyst cycle length, demonstrating compatibility with waste feedstocks, and confirming process durability for 100+ reaction cycles. Additionally, this project supported a comprehensive pathway review to evaluate scale-up needs. This review resulted in the early identification of technical risks and informed proactive planning for the BETO 2022 Verification. Other impacts from this project include generation of broadly enabling scientific knowledge (14 publications/18 presentations since 2019), engagement with industry partners (e.g., Johnson Matthey and ExxonMobil), and identification of a promising pathway to market that addresses emerging demands for biogenic refinery feedstocks.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

DOE OSTI2020

Facility Cybersecurity Framework Best Practices

Federal facilities are increasingly adopting automation and connecting to the Internet creating an energy-internet-of-things environment that converges operational technology (OT) and information technology (IT). Today's buildings increasingly weave together networked sensors and cyber and physical systems that enable data to be collected, aggregated, exchanged, stored and monetized in new ways. Building technological advances have created new energy technology, services, markets and value creation opportunities (e.g. transactive energy, two-way grid communications, machine learning, and increased use of renewable and distributed energy resources). But as larger data sets are being exchanged at faster speeds between an increasing number of OT systems, it becomes more difficult to protect the security of the data lifecycle and the physical equipment it interacts with. These challenges are especially difficult to overcome because the economic and environmental gain (interoperability, big data, social networks and ubiquitous information sharing) are driving these prominent trends in the digital age. Often cybersecurity is an afterthought. The U.S. Department of Energy’s (DOE) Federal Energy Management Program (FEMP) funded the Pacific Northwest National Laboratory (PNNL) to develop various cybersecurity tools, trainings, and reports to aid federal facility managers – and other building owners and operators – in better applying frameworks and lessons learned from the National Institute of Standards and Technology (NIST) Cybersecurity Framework (CSF), risk management framework (RMF), DOE’s cybersecurity capability maturity model (C2M2), and a wide variety of industry best practices and guidance documents (i.e., NIST 800 series, Department of Defense United Facilities Criteria). This set of tools, collectively known as the FEMP Facility-Related Control System Cyber Toolkit (FRCS Cyber Toolkit)2, is focused on cybersecurity concerns from facility-related control systems and other operational technology (OT), such as industrial control systems (ICS). The FRCS Cyber Toolkit can be applied across six of the sixteen critical infrastructure sectors designated by the Department of Homeland Security, including government facilities, healthcare and public health, commercial facilities (e.g., public assembly, offices, lodging), financial services (e.g., banking and insurance), emergency services (e.g., fire and police stations), and information technology. With increasingly converged IT and OT systems, it is crucial to address OT cybersecurity considerations and assess how the seam of these two systems could impact the overall cybersecurity posture of a facility. The objective of this report is to provide an overview of the best possible method to use FRCS Cyber Toolkit (section 2.0) and distilled cybersecurity best practices for the federal facilities to address growing non-linear cyber threats (section 3.0). Recommendations in this document are aggregated from several NIST and other documents (see Appendix A for additional details).

97 MATHEMATICS AND COMPUTING↗

DOE OSTI2021

Facility Cybersecurity Framework Best Practices Version 2.0

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATI↗

DOE OSTI2021

Facility Cybersecurity Framework Best Practices Version 2.0

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATI↗

DOE OSTI2021

Characterizing US Wholesale Electricity Markets

The purpose of this report is to provide analysts seeking to conduct technoeconomic analysis studies (TEA) on energy systems in US Wholesale electricity markets with a starting point. This document provides an overview of the primary markets related to electricity generation, namely capacity markets and ancillary services markets. The report provides a summary of each of these then provides details on these markets in the context of the seven wholesale electricity markets in the US. The document also summarizes key documents, web resources, and textbooks that will provide useful data and economic understanding for the analyst conducting the TEA studies.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

DOE OSTI2020

Utility-Scale Solar Data Update (2020 Edition) [Slides]

Berkeley Lab’s 2020 update of utility-scale solar data and trends provides an overview of key trends in the U.S. market, with a focus on 2019. Highlights of this year’s update include: More than 4.5 GWAC of utility-scale solar (i.e., ground-mounted solar projects larger than 5 MWAC) achieved commercial operations in 2019, bringing cumulative capacity to 29 GWAC. Projects are spread across all 10 regions that we track, though more heavily concentrated in the sunniest regions. The median installed cost of projects that came online in 2019 fell to $\$$1.4/WAC ($\$$1.2/WDC), down 20% from 2018 and down by more than 70% from 2010. 77% of projects and 88% of capacity added in 2019 used single-axis tracking. Average capacity factors range from 17% in the least-sunny regions to 30% where it is sunniest. Single-axis tracking adds roughly five percentage points to capacity factor in the regions with the strongest solar resource. Nationwide average levelized power purchase agreement (PPA) prices fell to $\$$24/MWh in 2019, down 17% from 2018 and more than 80% since 2010. Thirty-nine projects (totaling 4.2 GWAC) in our PPA price sample include battery storage (totaling 2.3 GWAC and 9.5 GWh). In the “lower 48” states, a number of these recent PV+battery PPAs have been inked in the mid-$\$$20/MWh range (levelized in 2019 dollars).Not including the 30% investment tax credit (ITC), the median levelized cost of energy (LCOE) from utility-scale PV has declined by 85% since 2010, to $\$$40/MWh in 2019. When the 30% ITC is included within the LCOE calculation, the median LCOE closely tracks the median PPA price over time. In higher-penetration markets like CAISO, the value of solar has been declining, but falling PPA prices have largely kept pace, preserving solar's net value. At the end of 2019, there were nearly 370 GW of solar in interconnection queues from all 7 ISOs and 30 additional utilities across the country. Nearly a third of this proposed solar capacity is paired with battery storage.

14 SOLAR ENERGY↗

DOE OSTI2023

A Guide for Improved Resource Adequacy Assessments in Evolving Power Systems: Institutional and Technical Dimensions

This paper identifies and evaluates issues in traditional resource adequacy (RA) assessment practices, and how adjusting these practices may affect and depend on existing institutional arrangements for planning and procurement. The paper proposes a technical-institutional roadmap that would allow regulators in vertically-integrated jurisdictions and system planners and operators in restructured jurisdictions to revise RA practices across a range of components. First, we compile a critical review of current RA assessment practices based on (1) interviews with RA practitioners and (2) a review of recent technical literature. We find that (i) RA may need to expand beyond capacity adequacy to ensure energy adequacy – relevant for energy-limited resources such as storage – and potentially some form of ancillary service adequacy (e.g. enough ramping-up and ramping-down capability in the system); (ii) chronological hourly simulations for all hours in the year are the current best practice; (iii) metrics and models used do not reflect economic criteria in system operation and loss of load; and (iv) there is a need to improve representation of weather dependencies and weather data. Second, we review planning and RA reports for several private and public entities that plan generation and/or transmission infrastructure in the continental U.S. to look for existing practices involving resilience assessments. We find no systematic treatment of the costs of extreme weather and other hazards, the benefits of resilience, and resilience metrics in planning analyses and no systematic treatment of resilience metrics, methods, and outcomes for resource adequacy purposes. Third, we create a technical framework for probabilistic RA assessment and use it to study how key choices about how to model power system operations affect the values that are obtained for RA metrics. We find that (i) non-economic dispatch schemes that ignore economic objectives can lead to accurate RA assessments when coordinated with detailed operational strategies; (ii) multi-year data is critical to capture a wide variety of system conditions; (iii) not incorporating transmission limits into RA assessment could lead to substantial underestimation of traditional “expected value” RA metrics; and (iv) new RA metrics that capture event-specific shortfall characteristics should be used as supplements to traditional metrics. Finally, we examine RA assessments and use this information to propose a guide of evolving industry standards for resource adequacy assessments in resource planning and transmission planning. We report minimum, best, and frontier practices for temporal resolution of assessments, metrics and targets, weather data, load forecasting, characterization of variable renewable resources, characterization of transmission and market transactions, RA modeling and integration with planning processes, and capacity accreditation.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

DOE OSTI2024

Abstract for CRADA between National Energy Technology Laboratory and OMC Hydrogen, Inc

The National Energy Technology Laboratory (NETL) and OMC Thermochemistry (Participant) will collaborate in the development of a better understanding of the current domestic data of TRL 7+ syngas conversion technologies and their current and potential markets. This will provide a basis for future comparative life cycle emission and techno-economic evaluations with the participant’s syngas production process using industrial and biogenic CO2 conversion approaches.

10 SYNTHETIC FUELS↗

DOE OSTI2022

FECM/NETL Unconventional Shale Well Economic Model (UShWEM)

FECM/NETL Unconventional Shale Well Economic Model (UShWEM) is an Excel-based model that evaluates the economics of an unconventional shale well on a per-well and per-pad basis. The model calculates the net cash flow, internal rate of return (IRR), net present value (NPV), earnings before interest, taxes, depreciation, and amortization (EBITDA), payout month and year, and breakeven price (for either oil- or gas-wells). The model can be used to estimate the economics of a well or pad over its lifetime (development through site reclamation) based on (1) the capital and operating costs associated with well/pad development and operations, (2) the revenue associated with oil, gas, and condensate production streams, and (3) accounting for relevant tax policies and asset depreciation applicable for oil and gas operations. The main input for the model is the completion design and production data. Key financial considerations in the model include oil, gas, and condensate market prices, tax-related settings, royalty rates, the discount rate, minimum economic hurdle (IRR) [if performing break-even analysis], and project contingency. The financial consideration can be adjusted to reflect the level of granularity the user requires as input when calculating the economics for a well or pad development. In addition, the model affords users the option to provide their user inputs for all cost categories considered. As a result, the model can be used to generate a multitude of scenario cases for sensitivity analysis of the various financial considerations, as well as production and cost profiles. To make this seamless, the model has the capability for key economic outputs to be exported in large batches through macros-enabled functions on its “Model Output Summary” and “Multi-Well Cost Analysis. The spreadsheet model includes macros and user-defined functions, so the user must enable Excel’s macro capability for the model to function correctly.

Sheriff, Alana↗