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At least 361 records · Page 20

Market analysis for the integration of new power technologies: A case study of the deployment of hybrid fossil-based generator plus energy storage (ES-FE)

This study examines the national landscape of hybridized fossil energy (FE) power plants with energy storage (ES) technologies (“ES-FE”) and presents the compilation of an ES-FE dataset, which includes over 65 ES-FE projects and concepts in the United States, comprising approximately 500 MWh of co-located ES capacity with FE power plants. This study also estimates the economic feasibility of adding ES to existing FE power plants by characterizing the potential revenues that can be generated by the ES component through flexibility and capacity value. The analysis focuses on ES technologies with 2- to 10-h. durations located in four U.S. independent system operators (ISOs): Midcontinent ISO (MISO), Electric Reliability Council of Texas (ERCOT), PJM Interconnection (PJM), and California ISO (CAISO), which have +70,000 MW of combined FE power capacity that could add ES. Annual revenues are estimated for the ES component using a what-if-analysis approach, for capacity value, price arbitrage, or ancillary services provision. The results show that annual revenues depend on the end-use storage service, wholesale electricity and capacity market prices, and ES technology operation parameters such as discharging duration and cycling frequency. When performing a sensitivity analysis, ES accrues $7–178/kW-yr. via price arbitrage and ancillary services provision in the four ISOs, and $13–92/kW-yr. when providing capacity value only in MISO and PJM. A cash flow analysis is performed to estimate the net present value (NPV) of the ES addition using a range of ES costs. The study finds that for most ES technologies considered, these revenues alone are insufficient to achieve economic feasibility. In conclusion, of the 1645 total runs analyzed, 115 had positive NPVs (7%). Therefore, other revenue streams or monetizable benefits are necessary to achieve the break-even point.

20 FOSSIL-FUELED POWER PLANTS↗

Stochastic Optimization and Uncertainty Quantification of Natrium-based Nuclear-Renewable Energy Systems for Flexible Power Applications in Deregulated Markets

Rapid integration of variable renewable energy sources (VRES) has made modeling and stochastic optimization of hybrid energy systems crucial for studying their long-term performance and viability. However, most studies have focused on just historical data, which may be unreliable for capturing short-term fluctuations, rare events, and long-term patterns of energy demand, price, and the variability of renewable energy sources. For this study, optimal synthetic time series models were developed using Wasserstein distance. The models were validated by comparing the key statistical measures against those of the historical data. They were then used to optimize the integrated Natrium-style advanced energy systems and their long-term (30 years) economics. The stochastic model performs bi-level optimization to find the optimal sizes for the balance of plant and thermal energy storage, while also optimizing energy dispatch to achieve the maximum net present value. In studies of two deregulated markets (California ISO and the Electric Reliability Council of Texas), the integrated Natrium-style system performed better in CAISO than in ERCOT, given higher and more consistent electricity prices during peak-demand periods. The potentially enlarged cost associated with the variable operation and maintenance of the TES system also plays a significant role in driving the system sizing, thus its impacts on the system are investigated in detail through comparison against a baseline case. The study also finds that the bi-level optimization results based on stochastic gradient descent closely match the grid search results. The uncertainty quantification of the stochastic signals provides further NPV-related insights and probability distributions for the case studies. The normal standard error of the mean of NPV for the case with and without TES VOM for CAISO were found to be 7.73M (plus-minus sign) 1.09M USD and 104.99M (plus-minus sign) 1.25M USD, respectively based on a 95% confidence. Given the relatively small NPV variance based on 150 samples, the analysis affords the most robust possible prediction of the techno-economic performance of the integrated Natrium-style energy systems.

25 ENERGY STORAGE↗

Refining seasonal performance metrics for room air-conditioning in emerging markets: Integrating building simulations with real-world equipment performance data

Buildings significantly impact worldwide energy consumption, emphasizing the need to reduce the cooling energy demand, especially in warm climates. Minimum energy performance standards (MEPS) and seasonal performance metrics such as the Cooling Seasonal Performance Factor (CSPF) are crucial for improving room air conditioning (RAC) efficiency. However, challenges remain, particularly in emerging markets like Brazil, where seasonal performance metrics have recently been introduced. This study assesses the factors influencing country-level seasonal efficiency metrics and proposes a framework to refine these calculations by considering local climates and expected RAC usage in real-world households via building simulations. Key considerations include outdoor air temperature binning for different climates, RAC usage patterns (i.e., daytime and nighttime usages), envelope thermal performance of households, and urban heat island (UHI) effects. The results reveal that CSPF values can vary significantly based on climate conditions, with observed CSPF ranging from 4.10 to 11.59 Wh/Wh across 577 Brazilian climates. The inclusion of UHI effects led to a reduction in CSPF values by up to 29% during nighttime operations in hot urban areas. Additionally, building envelope efficiency showed contrasting impacts on RAC performance, with CSPFs reaching up to 15.35 Wh/Wh under specific optimized conditions. These findings highlight the need for transparent policymaking in RAC performance databases, facilitating the application of approaches like those proposed in this study and supporting diverse stakeholders in decision-making.

Bavaresco, Mateus↗

Integrating solar energy with agriculture: Industry perspectives on the market, community, and socio-political dimensions of agrivoltaics

Large-scale development of solar-generated electricity is hindered in some regions of the U.S. by land use competition and localized social resistance. One approach to alleviate these coupled challenges is agrivoltaics: the strategic co-location of solar photovoltaics and agriculture. To explore the opportunities and barriers for agrivoltaics, in-depth interviews with solar industry professionals were conducted and findings suggest that the potential for an agrivoltaic project to retain agricultural interests and consequently increase local support for development is the most significant opportunity of dual use solar. Capable of increasing community acceptance, participants expect agrivoltaics to play an important role in future solar endeavors, especially in places where development may be perceived as a threat to agricultural interests. The results further reveal the interconnections among the various dimensions of social acceptance and suggest that the growth of agrivoltaics is contingent on market adoption of the technology through community acceptance and supportive local regulatory environments. As solar photovoltaic systems transcend niche applications to become larger and more prevalent, the dimensions of social acceptance, including the opportunities and barriers associated with each dimension, can help inform decision making to enhance the growth of agrivoltaics and thus photovoltaic development. Here, the findings can help land use planners, solar developers, and municipal governments make informed decisions that strategically and meaningfully integrate agriculture and solar, and in turn provide multiple benefits including the retention of agricultural land, local economic development, and broad adoption of solar energy technologies.

14 SOLAR ENERGY↗

Potential Benefits in Remapping the Special Flood Hazard Area: Evidence from the U.S. Housing Market

A typical U.S. homebuyer's understanding of whether a property faces flood risk is based on whether the property is located inside the National Flood Insurance Program's (NFIP) Special Flood Hazard Area (SFHA). The SFHA boundary, however, may bias homebuyers’ perceptions of flood risk relative to unobserved true risk because the SFHA is an incomplete, and sometimes inaccurate, representation of flood hazards. Using a national dataset of property transactions, flood hazard data from the First Street Foundation, state-level measures of flood disclosure laws, and a spatially restricted triple-difference design, we distinguish capitalization effects of policy-driven (SFHA) versus quasi-objective (First Street) indicators of flood hazard. We identify these effects by assessing thousands of local spatial interactions between property SFHA designations, measures of quasi-objective flood hazard, and being in a state that mandates flood history disclosures. Being inside the SFHA generates a risk discount, but the signal is muted relative to underlying hazard exposure. Further, the SFHA signal can result in inefficient discounts for properties erroneously mapped in the SFHA. Disclosure requirements about flood history accentuate price effects for hazardous properties and result in more adequate risk internalization. In the absence of disclosures, however, we find either no or a weak risk signal for houses outside the SFHA that face flood hazard. Our results highlight potential benefits of updating SFHA boundaries to include all houses that may experience flooding, and argue in favor of requiring flood-related disclosures from sellers to improve the market's ability to internalize flood risk.

54 ENVIRONMENTAL SCIENCES↗

The economic value of photovoltaic performance loss mitigation in electricity spot markets

Photovoltaic (PV) performance is affected by reversible and irreversible losses. These can typically be mitigated through responsive and proactive operations and maintenance (O&M) activities. However, to generate profit, the cost of O&M must be lower than the value of the recovered electricity. This value depends both on the amount of recovered energy and on the electricity prices, which can vary significantly over time in spot markets. The present work investigates the impact of the electricity price variability on the PV profitability and on the related O&M activities in Italy, Portugal, and Spain. Here, it is found that the PV revenues varied by 1.6 × to 1.8 × within the investigated countries in the last 5 years. Moreover, forecasts predict higher average prices in the current decade compared to the previous one. These will increase the future PV revenues by up to 60% by 2030 compared to their 2015–2020 mean values. These higher revenues will make more funds available for better maintenance and for higher quality components, potentially leading to even higher energy yield and profits. Linearly growing or constant price assumptions cannot fully reproduce these expected price trends. Furthermore, significant price fluctuations can lead to unexpected scenarios and alter the predictions.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Offering of Variable Resources in Regulation Markets with Performance Targets: An Analysis

To date, wind and solar power plants have mainly provided energy. Going forward, with the application of appropriate controls, they can offer additional grid services, such as regulating reserves. Additional grid services can present an opportunity for additional value streams to wind and solar power plants. However, the additional value might not be realized when operator-determined performance targets and settlement adjustments for the delivery of regulation capacity are disregarded. Additionally, this article studies the participation of variable resources in centralized regulation markets. We derive analytical results for regulation offers in terms of quantity and price considering that a variable resource does not want to risk being disqualified as a regulation provider, incurring losses, or foregoing more profitable opportunities. Our analysis suggests that U.S. operator-determined performance targets impose an upper bound on the quantity of a variable resource’s regulation offer; and settlement adjustments for the delivery of regulation affect the price at which variable resources offer and the calculations of opportunity costs in case of imperfect regulation delivery.

24 POWER TRANSMISSION AND DISTRIBUTION↗

ames-market/psst

Python version of the AMES Wholesale Power Market Test Bed; no GUI. Previously hosted by Iowa State University; PNNL has assumed hosting. AMES existed in a non-version controlled and inconsistent form. PNNL added price-sensitive loads for transactive systems, with various other bug fixes and features.

McDermott, Tom↗

Hydrogen and Solid Carbon Products from Natural Gas: A Review of Process Requirements, Current Technologies, Market Analysis, and Preliminary Techno Economic Assessment

In this paper, we review relevant technologies—primarily thermochemical and plasma conversion processes—that use natural gas to produce solid carbon and hydrogen, and recent research progress and commercial activities. Technical challenges include the high energetic requirements necessary for methane activation and, for some catalytic processes, the separation of solid carbon product from the spent catalyst. We assess current and new carbon product markets that could be served given technological advances, and we discuss technical barriers and potential areas of research to address these needs. We provide preliminary economic analysis where it was concluded that the cost of pyrolytically produced CO2-free hydrogen can be potentially reduced to <$4/kg target levels with the co-production and sale of sufficiently high-value carbon products.

Dagle, Robert A.↗

Replacement of Cobalt in Medical Device Sterilization: Current Trends, Opportunities and Barriers to Adoption of X-ray and E-Beam Within the Medical Device Sterilization Market

Radioactive sources, specifically Co-60, are crucially important to the medical device sterilization industry; however, their benefits must be balanced against the need to ensure that the materials are secure. Accelerator-based sterilization methods, including X-ray and E-Beam, can in many cases sufficiently replace Co-60 and ethylene oxide, the dominant modalities currently in use; however, a lack of hands-on experience with accelerators, regulations, and a lack of capacity have hampered faster adoption of these technologies. The market is likely to change, however, given public pressures against ethylene oxide and concerns over the cost and long-term supply chain robustness of Co-60. This may provide an opportunity for growth for accelerator capabilities. Current research at Sandia National Laboratories and Argonne National Laboratory, on behalf of the Department of Energy’s National Nuclear Security Administration Office of Radiological Security, is focused on developing an understanding of the medical device sterilization marketplace, the different modalities that are used to sterilize goods, and the drivers that affect the actors within it. Research at Pacific Northwest National Laboratory, in conjunction with the medical device sterilization industry, has focused on expanding the industry’s understanding of the capabilities of X-ray sterilization and developing data that can inform the industry’s consideration of a transition towards accelerator-based devices.

62 RADIOLOGY AND NUCLEAR MEDICINE↗

Prefabricated Zero Energy Retrofit Technologies: A Market Assessment

Part of the U.S. Department of Energy's (DOE) Office of Energy Efficiency and Renewable Energy’s (EERE’s) strategic goals is to stimulate the growth of a thriving domestic clean energy manufacturing industry. This report seeks to identify products in the European and U.S. markets that can enable a more integrated and standardized approach to conducting zero energy retrofits, leveraging off-site construction and manufacturing. Greater integration of energy conservation measures into prefabricated building components will further enable efficiency adoption, while reducing project complexity, risks, and costs.

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATI↗

Market Survey of Airborne Small Unmanned Aircraft System Sensors February 2020

Sensors continue to decrease in size and power. This report presents results of a market survey conducted in February 2020 for commercial off-the-self sensors with optimal size, weight, and power to be carried onboard a small unmanned aircraft system. For this report, Sandia National Laboratories considered sensors that can detect an object in three dimensions. The sensors that were researched are broken into three categories: radio detection and ranging sensors, stereo camera sensors, and light detection and ranging sensors.

47 OTHER INSTRUMENTATION↗

Market Opportunities for Deployable Wind Systems for Defense and Disaster Response

This report is the first public deliverable from the Defense and Disaster Deployable Turbine project, funded through the distributed wind portfolio of the U.S. Department of Energy Wind Energy Technologies Office. The objective of the project is to explore the opportunity for deployable turbine technologies to meet the operational energy needs of the U.S. military and global disaster response efforts. This report provides a market assessment that was conducted over a year using public reports, presentations at topical conferences, and direct stakeholder engagement interviews with both military and industry representatives. It begins with the high- level operational energy strategy of the Department of Defense that provides the context for alternatives to diesel fuel to meet energy needs. The report then provides an estimate of the energy use of the military in missions where a deployable turbine could potentially serve as an alternative to the baseline use of diesel fuel in generators to provide electricity in remote locations. An overview of domestic and international disaster response is provided with a focus on the role of the military in providing energy to those events. Finally, the report summarizes the technical considerations that would enable a deployable turbine to meet military and disaster response energy needs including the global wind resource, the technical design of the turbine, and the operational constraints of various military missions.

17 WIND ENERGY↗

Wyoming CCUS Study: Regional Electricity and Environmental Markets

This study is accompanies the Leonardo Technologies, Inc. study performed for the Office of Fossil Energy entitled: ''Wyoming Carbon Capture, Utilization, and Storage (CCUS) Report''. In this study, NETL examined the regional electricity and environmental markets impacts of maintaining coal-fired generating units identified for retirement in the 2019 PacifiCorp Integrated Resource Plan (IRP) through retrofit with CCUS. In this study, the authors propose an alternative least cost resource portfolio that includes a CCUS option along with resources identified in the IRP required to meet service obligations. This alternative portfolio is estimated to produce a lower CO 2 emissions footprint and a lower cost to the consumer than the proposed IRP.

01 COAL, LIGNITE, AND PEAT↗

Prefabricated Zero Energy Retrofit Technologies: A Market Assessment

The U.S. Department of Energy (DOE) Office of Energy Efficiency and Renewable Energy’s (EERE’s) mission is to “create and sustain American leadership in the transition to a global clean energy economy.” EERE’s vision is a strong and prosperous America powered by clean, affordable, and secure energy. In support of this vision, one of EERE’s strategic pillars is to stimulate the growth of a thriving domestic clean energy manufacturing industry. This report seeks to identify products in the European and U.S. markets that can enable a more integrated and standardized approach to conducting zero energy retrofits, leveraging off-site construction and manufacturing. Greater integration of energy conservation measures into prefabricated building components will further enable efficiency adoption, while reducing project complexity, risks, and costs.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Microgrids in Emerging Markets - Private Sector Perspectives

This quick read assesses the barriers and opportunities for private sector entry into microgrid development. Information presented in this paper is based on qualitative and quantitative data collection and analysis methods to provide an empirical understanding of barriers to private sector clean energy investment in emerging markets.

24 POWER TRANSMISSION AND DISTRIBUTION↗

Solar-to-Grid: Trends in System Impacts, Reliability, and Market Value in the United States with Data Through 2019

With continued deployment of solar across the United States, assessing the interactions of solar with the power system is an increasingly important complement to studies tracking the cost and performance of solar plants. This project focuses on the historical contribution to reliability, trends in market value, and impacts on the bulk power system of solar deployed in the U.S. through the end of 2019.

14 SOLAR ENERGY↗

An Investigation of Innovative Energy Technologies Entering the Market between 2009-2015, Enabled by EERE-Funded R&D

This report documents technologies that have been commercialized by the private sector and other partners—such as technology developers in startups, companies, and universities—in part because of R&D funding from EERE. It also documents emerging technologies that have the potential to reach the market within the next three years with the support of EERE R&D investments. Commercial and emerging technology tracking in this manner assists EERE technology managers, analysts, communications staff, and senior management in describing and explaining the benefits of EERE-funded research. Policy- and decision-makers would then have the latest information to guide future program development and direction.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗