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At least 469 records · Page 26

Markets and Economics for Thermal Power Extraction from Nuclear Power Plants Aiding the Decarbonization of Industrial Processes

This report analyzes the domestic industrial heat markets which may be plausible for using heat extracted from existing LWRs, contributing to the decarbonization of industry. It conceptualizes ideas for a future energy park centered around an LWR with various participating synergistic industries with extensive heat and material integrations with the LWR. It also presents comparison calculations for energy storage options and the levelized cost of heat from an LWR versus the levelized cost of heat from a conventional natural gas boiler and shows under what circumstances heat from LWRs is competitive with and beats natural gas.

22 GENERAL STUDIES OF NUCLEAR REACTORS↗

Research Priorities and Opportunities in United States Wholesale Electricity Markets

The power system is currently undergoing a number of changes, including a rapidly evolving resource mix, growth of distributed energy resources (DERs), more active consumer participation, increased deployment of energy storage and hybrid resources, and more advanced communication and control requirements. These changes in the power system present numerous technical, economic, implementation, and policy challenges and research opportunities for power system operators. To help address these challenges, a collaboration among five research institutions—Argonne National Laboratory, the National Renewable Energy Laboratory, Lawrence Berkeley National Laboratory, the Electric Power Research Institute, and Johns Hopkins University—has been established to provide technical assistance to the seven U.S. Independent System Operators (ISOs) and Regional Transmission Organizations (RTOs). The 3-year project aims to leverage the advanced methods, tools, datasets, and resources of the collaborators to provide robust analytical support to address the high-priority market challenges that will be faced in the 2- to 10-year time horizon.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Integrating Hydrogen Production and Electricity Markets: Analytical Insights from California

This report compares the cost of different pathways for producing hydrogen in California. In addition to capturing the current cost of electrolyzers and other equipment, the pathways apply current retail electricity tariff options offered by utilities Southern California Edison (SCE), Pacific Gas & Electric Company (PG&E), and San Diego Gas & Electric Company (SDG&E). The analysis also tests the cost of combining hydrogen production with utility-scale wind or solar generation in California. Scenarios examine current costs as well as projections for 2030. The cost benchmark - a relatively low electrolytic hydrogen production cost - is based on the wholesale price of electricity used by a theoretical hydrogen production plant connected directly to the California Independent System Operator (CAISO) transmission system. California law currently prohibits this approach in CAISO, but it is permissible in other organized wholesale electricity markets. The cost for producing hydrogen under 2019 conditions in this theoretical case was approximately $3/kg. Different scenarios are used to examine current costs, e.g., 2019, as well as projections for 2030.

08 HYDROGEN↗

Status and Trends in the U.S. Voluntary Green Power Market (2021 Data)

Voluntary green power, for the purposes of this report, refers to renewable energy procurement by retail electricity customers above state renewable energy mandates. In this report, we present data and key trends for voluntary green power markets, except for a small portion of voluntary purchasing where no data are available. In 2021, about 8 million retail electricity customers procured about 244 million megawatt-hours (MWh) of voluntary green power (Figure ES-1), representing about 27% of all U.S. renewable energy sales, about 39% of non-hydro renewable energy sales, and about 6% of all U.S. retail electricity sales. Most of the remainder of U.S. renewable energy sales reflects renewable energy procured by load-serving entities to comply with state renewable energy mandates, also known as compliance-based procurement.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Uncovering hidden market opportunities for advanced nuclear reactors

Decarbonizing to meet aggressive climate change mitigation targets requires energy transition within all sectors. In the industrial sector, global emissions will need to decrease by 65–90% by 2050 to avert warming greater than 1.5°C (Pörtner et al., 2022). Recent U.S. laws, including the Inflation Reduction Act (IRA), Bipartisan Infrastructure Law (BIL), Defense Production Act, Creating Helpful Incentives to Produce Semiconductors (or CHIPS), state programs, and other recent laws, have clean energy requirements and provide financial incentives to accelerate the use of clean energy technologies in the industrial sector. These new laws include supporting mechanisms with direct financial support for nuclear power (e.g., advanced reactor development and hydrogen production). However, advanced nuclear could also gain these financial benefits by coupling with low-carbon industrial projects. For example, microreactors could supply low-carbon energy to producers of critical metals that (1) are eligible to receive investment and production tax credits and favorable loans, and (2) the low-carbon product could gain preference in emerging markets for green products.

11 NUCLEAR FUEL CYCLE AND FUEL MATERIALS↗

Status and Trends in the U.S. Voluntary Green Power Market: 2022 Data

Voluntary green power, for the purposes of this report, refers to renewable energy procurement by retail electricity customers above what is otherwise provided by load-serving entities. This report is part of an annual series of reports synthesizing trends in the United States voluntary green power market. In 2022, about 9.6 million retail electricity customers procured about 272 million megawatt-hours (MWh) of voluntary green power, representing about 38% of non-hydro renewable energy sales and about 6% of all U.S. retail electricity sales. Most of the remainder of U.S. renewable energy sales reflects renewable energy procured by load-serving entities to comply with state renewable energy mandates, also known as compliance-based procurement.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Electric Grid and Markets 101 [Slides]

This presentation covers aspects of operating the bulk power system with a focus on the regulatory levels of the US grid at a pretty introductory level. It was meant ot help inform a request from USDA for a "101" presentation that spoke to how electricity markets, contracting and regulation interact with the engineering and physics of operating the bulk power system. They are presently moving to being able to more directly fund PPAs or other non-co-op owned assets for member co-ops, is my understanding.

24 POWER TRANSMISSION AND DISTRIBUTION↗

An Integrated Paradigm for the Management of Delivery Risk in Electricity Markets: From Batteries to Insurance and Beyond

If power systems transition to integrate higher amounts of variable renewable energy sources, storage technologies, and distributed energy resources (DERs), new risk management frameworks are necessary to ensure cost-effective and reliable power system operations. Projects funded by the Advanced Research Projects Agency-Energy (ARPA-E) Performance-based Energy Resource Feedback, Optimization, and Risk Management (PERFORM) program aim to contribute new risk management frameworks by developing methods to quantify and manage risk at grid asset and system levels. The National Renewable Energy Laboratory (NREL) led a PERFORM project in collaboration with the Johns Hopkins University, the Electric Power Research Institute (EPRI), kWh Analytics, Packetized Energy, and Imperial Consultants (ICON). The project addressed two challenges related to risk management in electricity markets: managing net load imbalances and flexibility from DERs. This final technical report presents a list of project accomplishments, activities, and outputs.

24 POWER TRANSMISSION AND DISTRIBUTION↗

The State of the U.S. Voluntary Power Market (2024 Data)

NLR has tracked the voluntary power market since its inception in the 1990s to help corporate purchasers, utilities, and others selling renewable energy products understand available renewable options and move renewable energy forward. As a part of this report we publish a slide deck, a datebook, a Top 10 utilities and CCA list, and the report.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

The value of wake steering wind farm flow control in US energy markets

Abstract. Wind farm flow control represents a category of control strategies for achieving wind-plant-level objectives, such as increasing wind plant power production and/or reducing structural loads, by mitigating the impact of wake interactions between wind turbines. Wake steering is a wind farm flow control technology in which specific turbines are misaligned with the wind to deflect their wakes away from downstream turbines, thus increasing overall wind plant power production. In addition to promising results from simulation studies, wake steering has been shown to successfully increase energy production through several recent field trials. However, to better understand the benefits of wind farm flow control strategies such as wake steering, the value of the additional energy to the electrical grid should be evaluated – for example, by considering the price of electricity when the additional energy is produced. In this study, we investigate the potential for wake steering to increase the value of wind plant energy production by combining model predictions of power gains using the FLOw Redirection and Induction in Steady State (FLORIS) engineering wind farm flow control tool with historical electricity price data for 15 existing US wind plants in four different electricity market regions. Specifically, for each wind plant, we use FLORIS to estimate power gains from wake steering for a time series of hourly wind speeds and wind directions spanning the years 2018–2020, obtained from the ERA5 reanalysis dataset. The modeled power gains are then correlated with hourly electricity prices for the nearest transmission node. Through this process we find that wake steering increases annual energy production (AEP) between 0.4 % and 1.7 %, depending on the wind plant, with average increases in potential annual revenue (i.e., annual revenue of production, ARP) 4 % higher than the AEP gains. For most wind plants, ARP gain was found to exceed AEP gain. But the ratio between ARP gain and AEP gain is greater for wind plants in regions with high wind penetration because electricity prices tend to be relatively higher during periods with below-rated wind plant power production, when wake losses occur and wake steering is active; for wind plants in the Southwest Power Pool – the region with the highest wind penetration analyzed (31 %) – the increase in ARP from wake steering is 11 % higher than the AEP gain. Consequently, we expect the value of wake steering, and other types of wind farm flow control, to increase as wind penetration continues to grow.

17 WIND ENERGY↗

U.S. Voluntary Green Power Market Data 2018

This data book provides certain data behind figures and tables found in the NREL presentation Status and Trends in the U.S. Voluntary Green Power Market 2018 Data. These data reflect estimates based on the best available data.

13 HYDRO ENERGY↗

U.S. Voluntary Green Power Market Data 2019

This data book provides certain data behind figures and tables found in the NREL presentation, Status and Trends in the U.S. Voluntary Green Power Market (2019 Data). These data reflect estimates based on the best available data.

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATI↗

Summer 2014 Marketing Intern Final Report

As a summer 2014 Marketing Intern for NASA Kennedy Space Centers (KSCs) Center Planning and Development directorate, I have gained much experience and knowledge of what is expected of me in any work environment. Throughout my time at KSC, I have had a number of responsibilities and duties, many of which involved collaborating with other directorates in order to acquire guidance and information from other NASA experts, attending and participating in meetings, and also editing and providing input to a collective project. My goal in this paper is to summarize my experience at KSC by explaining my responsibilities in detail and the skills I am able to take away as a result that will further aid me in my career path for the future.

OSSI↗

Fall 2014 Marketing Internship Final Report

The function of Kennedy Space Center's Center Planning and Development (CPD) directorate is to develop partnerships with the commercial space industry, academia, and other non-NASA government agencies to use KSC's facilities, technical capabilities, technologies and expertise, while building on existing partnerships. As an intern for the Spaceport Planning Office within the CPD, I played an essential part in promoting these opportunities by assisting the Marketing Specialist with organizing CPD's multi-booth exhibit for KSC's 2014 Innovation Expo. I was also responsible for gathering/reviewing video clips of interviews from existing partners to be used as potential footage for video testimonials that would be used to educate the public on KSC. My last project was to develop a standard presentation highlighting the benefits and potential of partnering with KSC, which would be used by KSC partnership development managers (PDMs) when presenting externally to potential partners. With these various projects and limited timeframe to complete each, learning to effectively manage my time and actively multitask was imperative.

Marketing↗