Engineering Papers⌕ Search

SEARCH · Engineering Papers

Results for “renewable integration”

Search indexed NASA NTRS and DOE OSTI research on propulsion, heat transfer, battery materials and energy systems. Follow report and document links to the original sources.

Quote a phrase for an exact phrase match. Source license links do not imply unrestricted reuse.

At least 559 records · Page 31

An Integrated Transmission-Distribution Co-Simulation for a Distribution System with High Renewable Penetration

Traditionally, transmission and distribution system dynamic simulations are performed independently. However, dynamic co-simulation of transmission-distribution systems can be beneficial in analyzing distribution systems with high penetration of distributed renewable resources. The authors describe a framework for conducting transmission-distribution dynamic co-simulation (TDDS). A model of a real network including detailed models of solar photovoltaic units in the distribution system is constructed. The initial operating point of the network is validated against field measurements. The TDDS tool is used to simulate a single line-to-ground fault on the distribution system, highlighting the need for conducting transmission-distribution co-simulations.

14 SOLAR ENERGY↗

Liquid Salt Combined-Cycle Pilot Plant Design

The work described in this report is responsive to the Office of Fossil Energy program ‘Energy Storage for Fossil Power Generation.’ This Phase I report has been prepared by Pintail Power LLC, with support from Nexant ECA, Electric Power Research Institute (EPRI) and Southern Company Services as a deliverable for the U.S. Department of Energy for NETL Award DE-FE-00320016. The Liquid Salt Combined Cycle™ (LSCC™) technology provides large-scale energy storage integrated with Fossil Electric Generating Units (FEGUs) to meet critical needs in the energy transition by providing: • the lowest cost large-scale storage for time-shifting of renewable energy, • superior fuel efficiency to reduce GHGs from dispatchable resources, • flexible capacity and ramping to balance variability of wind and solar resources, • essential grid stability services to assure reliability of a low-carbon grid. The LSCC approach: • employs equipment that has already been proven in utility service, • uses safe, non-toxic, non-degrading, perpetual-life storage medium, • leverages and repurposes existing FEGU assets, • expands the value stack of energy storage to reduce market, financing, and commodity risks. Pintail Power has developed the LSCC technology to meet the need for reliable, efficient, and cost-effective integration of Variable Renewable Energy (VRE) into a low-carbon electric grid by coupling proven thermal energy storage with proven gas turbines, steam turbines, and heat transfer equipment. This novel approach is intended to address the key issues facing the grid and operators of renewable and fossil generating units including: • Overgeneration and curtailment of renewables, • Need for fast ramping dispatchable resources, • Improved efficiency and flexibility of fossil units, • Additional peaking capacity to support electrification of transportation and heating, • Provision of reliability services to support high penetration of VRE, especially synchronous inertia and fast frequency response. A Technology Readiness assessment by EPRI confirmed that LSCC technology consists of commercially proven hardware used in industrial and utility applications. Although the novel LSCC approach has not yet been demonstrated as a complete system, interfaces between major components have been conservatively specified. A Phase III pilot is planned to demonstrate equipment integration and operation. The patented innovation is removal of the evaporator section from the exhaust heat recovery system, with the evaporation performed by stored energy in a separate steam generator. This arrangement couples renewable and fossil power generation via long-duration energy storage to deliver cost, performance, and operational synergies, including superior charging and discharging flexibility, reduced fuel consumption and lower CO 2 emissions compared to conventional Combined Cycle Power Plants, and low-cost, large-scale energy storage. The LSCC technology is composed of proven equipment integrated with gas turbine exhaust heat in a novel system. During charging, electric heaters raise the salt temperature as it flows from the Cold Salt Tank to the Hot Salt Tank. During discharging, hot salt produces steam from feedwater that is heated with gas turbine exhaust, which also superheats steam to drive a steam turbine. LSCC technology can be added to any combustion-turbine to integrate renewable energy, provide needed grid services, and increase the value of fossil electric generating units based on the technology’s following attributes: • Long-duration storage enables time-shifting of VRE to avoid curtailment and impairment of renewable assets. • Long storage duration combined with fast-charging capability increases arbitrage opportunities by storing more energy when the price is low and discharging more hours when the price is high. • Long storage duration allows resource adequacy to be supplied across multiple days to increase reliability and reduce risk. • The stored energy reduces fuel heat rate and GHG emissions, and increases merit, so the LSCC dispatches earlier and longer to increase the plant’s capacity factor and asset value. • The stored energy enables pre-heating and startup of the steam cycle, without operating the gas turbine, to enable fast startup and ramping when dispatched for discharge. • The steam turbine can operate without the gas turbine so it can provide valuable synchronous inertia during charging without consuming fuel. • Fast frequency response and regulation services can be provided during charging using solid-state heater and pump controls to vary the charge power input in response to grid signals. • The LSCC system can be configured for resilience including black start, islanded/micro-grid operation, and even self-recharging of storage using either gas turbine power or gas turbine exhaust heat. The commercialization plan is to add LSCC technology to existing simple cycle gas turbine power plants with the 50MW GE LM6000 aero-derivative gas turbine as the reference design basis. A Techno-economic assessment of the reference design evaluated the benefits (Levelized Avoided Cost of Energy) and costs (Levelized Cost of Energy). The plant definition included all major systems and budgetary vendor quotes. Pintail Power and NexantECA developed the overall cost estimate for the LSCC plant up to the total plant cost level, following the DOE-NETL cost estimate guidelines at AACE Class 3 (-20%/+30%). This includes the equipment cost, bulk material, direct and indirect labor costs to arrive at the bare erected cost. Engineering costs are factored from the BEC and added to it to arrive at the EPC cost. Process and project contingencies were then factored from the EPC cost and rolled-up to yield the total plant cost of $\$$184 million for 1746 MWh of discharge electricity. • At $\$$105/kWh, the reference plant costs less than any of the Energy Storage Systems evaluated by PNNL in 2020 for the Energy Storage Grand Challenge. Operations and Maintenance cost estimates were scaled from combined cycle practice, assuming that the LSCC unit was co-located with and sharing some labor expense with other units, to arrive at $\$$2.2 million per year. Plant economics were evaluated using prices from the ERCOT Day-Ahead Market for calendar year 2019 (excluding the market disruptions from the COVID pandemic and the February 2020 deep freeze event). Assuming economic dispatch in the ERCOT Day-Ahead market, the reference plant capacity factor would have discharged for 2777 hours at 91.9 MW, a 31.66% capacity factor, with a marginal cost of $\$$25.59/MWh, and a LACE of $\$$82.41/MWh. Fixed charges were calculated according to EIA guidelines to arrive at an LCOE of $\$$83.48. The benefit-to-cost ratio of 0.99 suggests that the reference plant would have been cost-effective and competitive in the market. EPRI interviewed selected utilities to gauge the need for, applicability of and interest in the LSCC system. Several utilities are currently managing increased load growth along with the inclusion of increasing levels of renewable generation, putting pressure on conventional generation by requiring increased turndown requirements and ultimately lower capacity factors. All of the utilities interviewed have CO 2 reduction targets in the 2030-2050 timeframe that will severely limit the participation of fossil generation and require better utilization of carbon free generation. While there is limited opportunity for storage in the current markets, the utilities interviewed stated that there will be a substantial need for long duration energy storage in the future given the expected trends. Utilizing an energy storage system will generally be preferred over new gas capacity in some cases, with the capabilities of the LSCC system being a potential option for retrofit to existing simple cycle gas turbine units, allowing them to deliver greater participation in the market with lower carbon intensity. A technology gap assessment and technology maturation plan identified a pilot-scale demonstration as the final step before commercialization. Key gaps to be addressed during the Phase II FEED (Front-End Engineering Design) are component selection and design, commissioning procedures, and operational procedures and the control system for LSCC charging and discharging. The project team has been expanded to include Wood Group PLC as EPC. The proposed Phase II work leads to a pilot-scale engineering demonstration (TRL 6) to be conducted at Southern Company’s Plant Rowan, where the prototype system will perform “all the functions that will be required of the operational system.” The proposed pilot will facilitate commercialization (TRL-9) by scale-up to utility-scale systems integrated with peaking GTs or directly to facility scale systems using industrial GTs. The conceptual design for the pilot plant focuses on the novel integration aspects of LSCC technology. A slipstream of gas turbine exhaust will feed a waste heat recovery unit coupled to a molten salt steam generator heated by stored energy. The pilot is intended to demonstrate all key operating modes of the LSCC technology during charging, discharging and standby. The pilot equipment will be approximately one-seventh scale of the LM6000 commercial target and is expected to have commercial off-ramp potential for facility-scale applications.

01 COAL, LIGNITE, AND PEAT↗

ESIF 2021

This annual report highlights research done at the Energy Systems Integration Facility (ESIF) in Fiscal Year 2021.

Advanced Research on Integrated Energy Systems↗

Young Leaders Workforce Training Program Overview and Impact

To support the Government of Colombia's plans to transform its power sector, the U.S. Agency for International Development (USAID) has assembled a cross-organizational team to develop and deliver a comprehensive workforce training program for young energy sector leaders in Colombia designed to enhance the efficient integration of growing volumes of variable renewable energy (VRE) to the energy sector. The team - which includes USAID's Colombia Mission, the National Renewable Energy Laboratory (NREL), USAID's Scaling Up Renewable Energy (SURE) program implemented by Tetra Tech, and the U.S. Energy Association (USEA) - collaboratively developed a series of seven capacity building modules designed to ready Colombia's energy sector workforce to participate in the construction, operation, and grid integration of VRE projects, such as wind and solar. This brochure highlights the program's objectives, results, and impacts to date.

Colombia↗

Tangible Solutions for Grid Operation Upgrade

Many countries worldwide are setting clean energy targets to decarbonize the energy sector and add higher wind and solar capacities. Given their distributed nature, variable renewable energy (VRE) assets can have unique grid integration considerations, and require grid operation practices to be modernized. When transitioning to higher renewable energy levels, many system operators configure a dedicated renewable energy desk to manage renewable energy resource operation in the system control center. Further, system operation planning is conducted with VRE and load forecasting to enable reliable real-time system operation. NREL has partnered with many system operators in the region to identify appropriate technology and grid modernization solutions. NREL and partners from system operators in the region will present on the challenges and some solutions that have been applied and share best practices such as energy management system upgrades, VRE forecasting framework, grid flexibility improvements, and staff training.

emerging economies↗

Energy Clusters Offshore: A Technology Feasibility Review

Globally, governments, companies, and other organizations have committed to achieving net-zero emissions targets in the coming decades. To achieve decarbonization at the scale and pace required to meet these targets, future energy systems will need renewable energy to serve 100% of the existing direct electricity demand, support additional electrification, and decarbonize the wider economy. An energy cluster offshore (ECO) is a concept that seeks to meet this challenge by integrating and optimizing large-scale renewable electricity generation, storage, and fuel production technologies and pairing them with other complementary uses, such as carbon capture or water desalination. This research project explores the techno-economic feasibility of ECO concepts by taking a holistic view of complex, multidisciplinary hybrid plant designs while considering different configurations and objectives. We will outline the most promising technology combinations and configurations, their functional requirements, and opportunities for optimization.

14 SOLAR ENERGY↗

Duke Energy Carbon-Free Resource Integration Study

Duke Energy has partnered with the National Renewable Energy Laboratory (NREL) to evaluate pathways to achieving their carbon-free targets and to assess the operational impacts of the resulting system. This report details findings from Phase II of the Duke Low Carbon Resource Integration study, which consisted of three separate but interrelated analyses: (1) a resource assessment exploring the technical and economic potential and characteristics of wind and solar resources in the Carolinas; (2) capacity expansion modeling identifying the least-cost investment pathways for achieving 70% CO 2 emissions reductions in North Carolina by 2030 and a net-zero electricity system by 2050; and (3) detailed production cost modeling of power system operations at the higher shares of low- and zero-carbon emitting generation sources, informed by the capacity expansion modeling portion of the analysis. The analysis finds that Duke Energy can approach the 2030 and 2050 emissions target in North Carolina through investment in a combination of solar, wind, and storage along with maintaining its existing nuclear fleet. The average cost of CO 2 abatement in the Carolinas through 2021-2050 is on the order of $\$27-33$ per metric ton (range of $\$9-34$ per metric ton across key sensitivities).Duke Energy can expected increased interchange with neighbors to help balance higher levels of solar, although the ability to do this will depend on whether neighboring regions also move to integrate more carbon-free resources. As Duke Energy moves toward both the 2030 and 2050 targets, addressing energy needs during the winter peak period becomes particularly important, and the system relies on the availability of resources such as renewable or hydrogen combustion turbines, seasonal storage, or other similar technologies that are dispatchable but able to operate at low capacity factors.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Clean Grid Vision: A U.S. Perspective - Chapter 1. Clean Grid Scenarios

Chapter 1: Clean Grid Scenarios serves as a broad introduction to the type of future power systems envisioned in the Clean Grid Vision: one with high penetrations of variable renewable energy generation (for example, more than 53% nationally and up to 73% in the Eastern Interconnection) and significant share of natural gas. Our study shows that the conterminous United States has adequate resources to support such systems with current technologies, and these systems can be operated cost-effectively to meet all sub-hourly demand and reserve requirements.

24 POWER TRANSMISSION AND DISTRIBUTION↗

Beneficial Integration of Energy Storage and Load Management with Photovoltaic (PV)

In recent years, a number of industry activities have aimed at addressing the integration challenges posed by the variability and uncertainty of higher penetration of renewable generation sources, like solar photovoltaic (PV) – one of the key objectives of the Sustainable and Holistic Integration of Energy Storage and Solar PV (SHINES) program launched by the U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy (EERE). This EPRI led Beneficial Integration of Energy Storge, and Load Management with PV project aimed to design, develop, and demonstrate end-to-end distributed energy resource (DER) integration solution to build on these activities. EPRI led project team designed and implemented a local controller that uses model predictive control (MPC) algorithm to optimally manage DERs on site by planning for a receding horizon while executing the control settings for the first step of its plan. The team has also developed a system controller to interface with the local controller to demonstrate the hierarchical control and how it can leverage DER capabilities to address challenges like over voltage and thermal limit violations which typically limits the DER hosting capacity of distribution feeders. Team has demonstrated how the local controller with optimization algorithm can effectively manage controllable loads like HVAC, water heater, and pool pumps to allow for greater integration of PV with relatively smaller energy storage system requirements. Optimal utilization of the load control can also reduce the depth of discharge of batteries to meet grid export/import limit from behind-the-meter (BTM) DERs. Proper utilization of DER capabilities via local control intelligence, like the one developed and demonstrated in this project can help the industry to address integration challenges of higher penetration of solar PV in economically efficient manner. This can help to accelerate deployment of clean renewable energy systems at lower societal cost.

14 SOLAR ENERGY↗

Navigating the Use of Direct Current in Residential Settings: Merits and Obstacles

This review paper provides an in-depth analysis of the role of Direct Current (DC) power systems in residential settings, focusing on their safety, efficiency, and environmental advantages. It recognizes the significant contribution of the residential sector to global carbon dioxide emissions and explores how DC power systems can help mitigate these effects. The paper traces the historical evolution of DC power, its resurgence with renewable energy technologies, and the advancements in power electronics that facilitate its integration. Emphasizing the efficiency and safety benefits, especially in low-voltage applications, the paper highlights the seamless integration of DC systems with inherently DC-generating renewable sources like solar PV and wind. The review discusses the critical role of converter technologies in the transition to DC power and examines the compatibility of DC systems with energy storage solutions, underscoring their potential for enhanced energy management. It also addresses the environmental impacts of adopting DC power, aligning with global carbon reduction efforts. The paper analyzes regional case studies, exploring practical applications and outcomes, and addresses challenges such as the need for standardization. It concludes with recommendations for stakeholders and future research directions, emphasizing the economic, technological, and environmental aspects of DC power systems. Overall, the paper presents DC power as a viable and sustainable option for residential energy conservation, contingent upon ongoing technological progress, supportive policies, and standardization.

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATI↗

Puerto Rico Grid Resilience and Transitions to 100% Renewable Energy Study (PR100): Final Report

The Puerto Rico Grid Resilience and Transitions to 100% Renewable Energy Study (PR100) is a comprehensive analysis based on extensive stakeholder input of possible pathways for Puerto Rico to achieve its goal of 100% renewable energy by 2050. PR100 was an integrated effort drawing on expertise and capabilities of the contributing national laboratories that explored possible pathways for Puerto Rico to achieve its goal of 100% renewable energy in the long term (by 2050), increase reliability and resilience in the immediate term (within the next few years), and work toward energy justice. The purpose of the study is to provide decision support and inform investment decisions for implementers of Puerto Rico's energy transition. See NREL/TP-6A20-88614 for the Spanish translation of this report.

100% renewable energy target↗

Improving Frequency Stability and Minimizing Load Shedding Events by Adopting Grid-Scale Energy Storage with Grid Forming Inverters

The upward adoption trend of renewable generation not only means cleaner energy integrated into modern power grids, but also that most new generation sources are based on front-end inverter bridges, used as interfaces to most wind generation and all the solar PV. It is well known that due to their power electronics-based construction rather than rotational shafts, these sources do not provide inertia inherently, nor substantial amounts of short-circuit currents. However, stable energy such as what can be stored in energy storage systems, although interfaced via inverters, can be controlled to respond to system disturbances in a manner that emulates inertial behavior. This paper focuses on the application of such energy storage systems to augment inertia in the island of Puerto Rico. To do so, a user defined inverter model that contains grid forming capabilities and fast frequency response is modeled and integrated into the real transmission system in power flow and dynamics software. Energy storage is then connected to two selected areas so that it not only provides frequency regulation to avoid widespread load shedding events, but also other tangible benefits. The simulated cases suggest that even relatively small energy storage systems can avert load shedding events if adequately placed in the transmission network.

Grid-forming inverters, IBR, Inertia↗

Validation of Microgrid Algorithms using At-Scale Simulation and Emulation Real-Time (ASSERT) Framework

This paper presents a novel framework for validating microgrid algorithms using a At-Scale Simulation and Emulation Real-Time (ASSERT) setup. The proposed universal microgrid validation framework was developed at Advanced Research on Integrated Energy Systems (ARIES) platform at National Renewable Energy Laboratory in Golden, Colorado, USA. As the number of intercommunicating devices grow in power systems, along with more integration of inverter-based resources, developing and validating microgrid operation and control algorithms is becoming complex and time-consuming task. The ASSERT framework is designed to provide a comprehensive, accurate, and efficient solution for validating microgrid algorithms. It combines at-scale simulations and real-time emulation to create a virtual environment that closely mimics the behavior of a physical microgrids which are characteristic of future smart distribution systems, such as: (1) increasing variability in the physical size of new energy technologies; (2) requiring control large numbers of interconnected devices, and (3) integrating diverse technologies that have not previously worked together. The paper describes the technical details of the ASSERT framework, its validation process, and its benefits over traditional validation methods. The framework's ability to validate the performance of various algorithms is demonstrated through a case study, which shows that it can effectively identify the weaknesses of an algorithm and optimize its performance. Overall, the ASSERT framework is a promising tool that can significantly enhance the development and validation of microgrid algorithms, leading to more reliable and efficient microgrid operation.

at-scale↗

Duke Energy’s Integrated System and Operations Planning: A comparative analysis of integrated planning practices

Lawrence Berkeley National Laboratory and the National Renewable Energy Laboratory provided technical assistance to the South Carolina Office of Regulatory Staff to examine how Duke Energy’s Integrated System Operations Planning (ISOP) framework interacts with other electricity planning processes in South Carolina. While this report was prepared for the South Carolina ORS, the information contained herein may be useful to audiences in other states who are interested in IDP, including public utility commissions, state energy offices, other state agencies, utilities, and stakeholders. The report discusses how to access the ISOP process diagram created for the report, provides observations about Duke Energy’s ISOP from our interviews and review of publicly available materials; and assesses ISOP, based on best practices for integrated distribution planning.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Guam Energy Strategies

In 2024, GPA met approximately 12%1 of electricity sales with renewable energy, up from 6% in 20202. GPA's 2021 Integrated Resource Plan (IRP) charts a potential path to meeting 100% renewable electricity by 2040. Since achieving 100% will require significant infrastructure investment to transition the power system to renewable electricity generation, Guam Energy Strategies is exploring technology options, locations, resource adequacy, rate impacts, and other considerations for reaching Guam's energy goals.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Added value for integrated marine energy data systems

Launched in 2019, the Portal and Repository for Information on Marine Renewable Energy (PRIMRE) provides centralized access, standardization, community building, and integration of United States (U.S.) databases, tools and codes, and other resources that cover a range of marine energy information. The PRIMRE universe contains a series of Knowledge Hubs that represent data and information on testing of marine energy devices (MHKDR); environmental effects (Tethys); engineering and technical papers (Tethys Engineering); descriptions of marine energy companies and technologies (Marine Energy Projects Database); codes and models (Marine Energy Software); and guidance on testing and measurements (Telesto). Content is added to PRIMRE by applying a set of Guidelines and Best Practices (PRIMRE Guidelines). An aggregate search across the PRIMRE site enables users to find data and information from all the PRIMRE Knowledge Hubs simultaneously, using a single entry-point (PRIMRE Search). In addition to providing access to a range of data and information on marine energy development, testing, and effects, PRIMRE allows for the development of value added products and processes that will help move the marine energy industry forward. The PRIMRE team has recently launched two key initiatives in the U.S.—Signature Projects and Lessons Learned. Outputs and outcomes from these two initiatives will be highlighted in this paper. The Signature Projects initiative is intended to bring focus to a selection of ongoing and completed marine energy projects funded by the U.S. Department of Energy’s Water Power Technologies Office (WPTO), and to inform the marine energy community of what investigations have been undertaken, what tools are available, and where gaps in information persist. Each Signature Project tags papers, reports, and data from large marine energy research projects, providing easy access and attention to all the output and associated products from each project. The Lessons Learned initiative is intended to ensure that hard-won achievements are recognized and available for those who come later, that missteps and unfortunate outcomes can be prevented in future, and that efficiencies and effective shortcuts can be publicized and used as the marine energy industry moves forward. This initiative builds off the Knowledge Hubs and reaches out to members of the marine energy community, particularly technology developers and researchers, to integrate experience in the development, deployment, assessment, success, and challenges while creating this new industry and field of study.

Copping, Andrea E.↗

Added value for integrated marine energy data systems

Launched in 2019, the Portal and Repository for Information on Marine Renewable Energy (PRIMRE) provides centralized access, standardization, community building, and integration of United States (U.S.) databases, tools and codes, and other resources that cover a range of marine energy information. The PRIMRE universe contains a series of Knowledge Hubs that represent data and information on testing of marine energy devices (MHKDR); environmental effects (Tethys); engineering and technical papers (Tethys Engineering); descriptions of marine energy companies and technologies (Marine Energy Projects Database); codes and models (Marine Energy Software); and guidance on testing and measurements (Telesto). Content is added to PRIMRE by applying a set of Guidelines and Best Practices (PRIMRE Guidelines). An aggregate search across the PRIMRE site enables users to find data and information from all the PRIMRE Knowledge Hubs simultaneously, using a single entry-point (PRIMRE Search). In addition to providing access to a range of data and information on marine energy development, testing, and effects, PRIMRE allows for the development of value added products and processes that will help move the marine energy industry forward. The PRIMRE team has recently launched two key initiatives in the U.S.—Signature Projects and Lessons Learned. Outputs and outcomes from these two initiatives will be highlighted in this paper. The Signature Projects initiative is intended to bring focus to a selection of ongoing and completed marine energy projects funded by the U.S. Department of Energy’s Water Power Technologies Office (WPTO), and to inform the marine energy community of what investigations have been undertaken, what tools are available, and where gaps in information persist. Each Signature Project tags papers, reports, and data from large marine energy research projects, providing easy access and attention to all the output and associated products from each project. The Lessons Learned initiative is intended to ensure that hard-won achievements are recognized and available for those who come later, that missteps and unfortunate outcomes can be prevented in future, and that efficiencies and effective shortcuts can be publicized and used as the marine energy industry moves forward. This initiative builds off the Knowledge Hubs and reaches out to members of the marine energy community, particularly technology developers and researchers, to integrate experience in the development, deployment, assessment, success, and challenges while creating this new industry and field of study.

Copping, Andrea E.↗

Variable renewable energy deployment in low-emission scenarios: The role of technology cost and value

While rapid deployment of variable renewable energy (VRE) technologies, namely wind and solar PV, is often projected in 2C pathways generated by integrated assessment models, there is a wide range in projected VRE deployment by mid-century. Such differences could be the result of differences in assumptions about future technology costs and/or differences in model approaches for capturing other aspects of technology competitiveness. Here we introduce a consistent competitiveness metric, profitability-adjusted levelized cost of electricity (or PLCOE), to an integrated assessment model (EPPA) to evaluate the representation of technology competition, including VRE, in low-emission scenarios. We show that representing the value of technology (alongside cost) may significantly impact VRE deployment relative to scenarios without such an adjustment. In addition, we show that varying VRE costs by about 35% in 2050 results in differences in VRE deployment that span much of the range in outcomes (over the same period) observed in likely 2C scenarios assessed by the IPCC, suggesting that both cost and value are key drivers of VRE deployment in such scenarios. Given the central role that VRE technologies play in the electricity mix across most scenarios, we also find that alternative cost assumptions for VRE technologies can lead to changes in electricity prices, the associated demand for electricity, and total final and primary energy consumption. However, the demand for fuels other than electricity is relatively insensitive to VRE assumptions in the 2C scenarios considered here.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗