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At least 577 records · Page 32

Techno-Economic Analysis of CSP Incorporating sCO2 Brayton Power Cycles: Trade-Off Between Cost and Performance

Concentrating solar power (CSP) plants, thanks to the implementation of cost-competitive thermal energy storage, represent a dispatchable zero-emission alternative to traditional fossil fuel power plants. Next generation solar towers are expected to adopt high temperature receivers (>700 degrees C) coupled to sCO2-based power blocks, which optimal design is generally pushed towards the maximum cycle efficiency, often neglecting the economic impact with the justification that the main share of the capital cost is represented by the heliostat field. As result, the scientific literature lacks in comprehensive studies on techno-economic evaluation of CSP+sCO2 power plants addressing the important correlation that exists between system cost and performances. This work provides a preliminary techno-economic analysis of a solar power tower comparing four different cycle configurations for the sCO2 power block. Results have been reported on a Pareto front, highlighting the tradeoff between the plant investment cost and the solar-to-electricity plant efficiency. The trends of the optimization variables and cycle results have been reported to give useful insights about proper assumptions for the sCO2 power block design. The recompressed cycle with intercooling resulted as the most promising configuration and it has been further analyzed through a comparison of different solutions on the Pareto front. The cost breakdown of the sCO2 power block has been reported to highlight which components have the greatest impact on the overall plant cost and how they vary along the optimal solutions front. Eventually, the optimization has been repeated introducing a correlation to compute the turbomachinery isentropic efficiencies, to investigate their effect on the techno- economic analysis.

concentrated solar power↗

LCOE*: Re-Thinking LCOE for Photovoltaic Systems

Solar industry is working towards reducing the levelized cost of energy (LCOE). The LCOE formulation includes various implicitly connected cost and physical design parameters. This entails complex cost analyses by economists, and electrical analysis and energy yield calculations of solar farms by device physicists/technologists. The standard formulation requires a constant exchange of information to optimize the design of a specific farm. In this paper, we present a fundamental reformulation of LCOE (in terms of LCOE*) to deconvolve the cost vs. energy yield analysis so that economists and technologists can work independently towards minimizing LCOE. We validate our LCOE* formulation by comparing LCOE calculated by the traditional vs. new method. We further provide a global analysis of LCOE* as an illustrative example. This LCOE* will accelerate new technology development (e.g. bifacial PV) by allowing a rapid and transparent analysis of its cost-performance trade-off.

14 SOLAR ENERGY↗

The Current State of Light-Duty Electric Vehicle Supply Equipment Costs: An Assessment of Contemporary Understanding

This study uses a hybrid meta-analysis and literature-review approach to understand the current state of knowledge regarding the costs of electric vehicle supply equipment (EVSE). We present a novel way to consider, categorize, and label measures of cost and show cost measure estimates from a sample of 13 recent studies. We find that in general, there is too much variation and too few commonly represented EVSE cost measures to reasonably provide aggregate figures for these measures. We propose a convention for presenting EVSE cost measures that includes the application (commercial or residential), the power level (Level 1, Level 2, DCFC [with further distinction based on rated power capacity]), and the type of cost measure (hardware, installation, operation, and total cost). We contend that providing researchers with standard cost measures will help to advance our knowledge of EVSE costs by ensuring that future work will use common metrics. Establishing common metrics will enable conventional meta-analyses that will make assessments of EVSE costs even more accessible. Additionally, common metrics will make tracking costs more reliable as the technology continues to evolve and become more ubiquitous.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Technoeconomic analysis of perovskite/silicon tandem solar modules

Tandem photovoltaic (PV) modules offer an opportunity to improve the efficiency and energy yield of available solar resources compared with single-junction devices. Here, we present a cost model and sensitivity analysis of perovskite/silicon (Si) tandem modules to understand how design choices impact overall module costs. We find a minimum sustainable price (MSP) of $\$$0.428/W DC for our baseline two-terminal design and $\$$0.423/W DC for our baseline four-terminal design, each at a module efficiency of 25% and module production of 3 GW per year in the United States. We find that the choice of Si cell architecture, overall module efficiency, and factory throughput have the most significant impacts on cost and competitiveness. The dynamic model provided is designed for researchers, companies, and interested individuals to use and edit as needed to better understand the trade-offs among PV module technologies and enable targeted research to improve module design and fabrication.

14 SOLAR ENERGY↗

The Cost and Benefit of Enhancing Cybersecurity for Hybrid AC/DC Grids

As critical interfaces of AC grids and DC grids inside a hybrid AC/DC grid, the voltage-sourced-converter (VSC) has been demonstrated to be vulnerable to false data injection (FDI) cyber-attacks. As a result, the cyber-attack-induced AC grid frequency deviations and DC grid voltage deviations threaten the secure operation. Here, to enhance cybersecurity in a not only feasible but also cost-effective manner, this paper proposes a cost-benefit-based cyber-defense strategy for a hybrid AC/DC grid. First, this paper establishes a spatial-temporal dual cyber-attack evaluation model, in which the cyber-attack-induced frequency and voltage deviations are modelled in both a spatially and temporally dual manner. Then, the proposed cost-benefit-based cyber-defense strategy is modelled as a VSC commitment problem to achieve the trade-off between maximizing the cyber-defense benefits and minimizing the cyber-defense costs. The VSC commitment problem is then mathematically convexified into a mixed-integer second-order cone programming (MISOCP) problem, which could be efficiently solved in an event-triggered manner against unfolding cyber-attack events. Simulation results on a test hybrid AC/DC grid verified the feasibility and the cost-effectiveness of the proposed cyber-defense strategy.

cost-benefit analysis↗

Clean Grid Vision: A U.S. Perspective - Chapter 2. Distribution Issues and Tools

The continued growth in distributed energy resources is fundamentally changing the way the distribution system is operated and planned. Additionally, an increasing number of grid issues are being regularly experienced by distribution engineers within an increasing number of utilities. Fortunately, these fundamental changes and increasingly regular issues are being addressed via continual improvements in existing distribution system modeling tools—for both tools used by industry and researchers—and via novel modeling methods, which are combining transmission and distribution system modeling to investigate new, often complex, system interactions at the transmission/distribution power system interface. As DERs continue to increase more and more utilities, regulators, and developers are finding usable solutions in the deployment of smart inverters with ever more capable functionalities. This increase in functionality is welcome but comes at the cost of more complex analysis when determining what specific settings should be used for an individual interconnection. With more time, experience, and likely the further development of advanced analysis tools, even higher levels of DER integration will result in a reliable, resilient, low-cost, and safely operating grid.

24 POWER TRANSMISSION AND DISTRIBUTION↗

Vehicle Residual Value Analysis by Powertrain Type and Impacts on Total Cost of Ownership

Vehicle depreciation is a key factor in determining the total cost of vehicle ownership and consumer purchase behavior. This report examines how light-duty-vehicle residual values have evolved over time for conventional and advanced vehicle technologies, accounting for important factors such as market segment, size class, and country of assembly. Advancements in electric vehicle technology have led to plug-in vehicles exhibiting depreciation curves similar to those of conventional vehicles. This report compares two methods for determining depreciation trends (snapshot method and time-series method) in order to identify potential impacts on calculating vehicle total cost of ownership given differing data availability.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Vehicle Residual Value Analysis by Powertrain Type and Impacts on Total Cost of Ownership

Vehicle depreciation is a key factor in determining the total cost of vehicle ownership and consumer purchase behavior. This report examines how light-duty-vehicle residual values have evolved over time for conventional and advanced vehicle technologies, accounting for important factors such as market segment, size class, and country of assembly. Although plug-in vehicles have historically depreciated faster than conventional vehicles, advancements in electric vehicle technology have led to plug-in vehicles exhibiting depreciation curves similar to those of conventional vehicles. This report compares two methods for determining depreciation trends (snapshot method and time-series method) in order to identify potential impacts on calculating vehicle total cost of ownership given differing data availability.

33 ADVANCED PROPULSION SYSTEMS↗

Wind Turbine Generator Reliability Analysis to Reduce Operations and Maintenance (O&M) Costs

Wind turbine major systems (blades, pitch, main bearing, gearbox, and generator) are integrated into a composite system. Specifications for these systems and components are developed to achieve symmetry of operation, avoiding negative interaction. For instance, the main bearing, gearbox, and generator (drivetrain) components are interdependent, functioning in unison for efficient energy production. Hence, wind resource and grid interactions affecting the drivetrain impact the performance and reliability of the turbine generator. This paper discusses generator reliability covering the technology evolution over the last 20 years. EPRI's Wind Network for Enhanced Reliability (WinNER) web-based tool and Shermco Industries databases are presented, and conclusions are drawn regarding failures specific to generator design, manufacturing, and operating conditions. Additionally, this paper compares the life expectancy of stator-fed configurations and doubly fed generator systems.

17 WIND ENERGY↗

Recyclable Thermoset Polymers From Lignin Derived Phenols

Spero Renewables has successfully developed bio-based thermoset polymers that can be decomposed and recycled under mild conditions while maintaining physical properties comparable to traditional BPA-based thermosets. Key accomplishments include the optimization of thermoset synthesis with over 50% bio-based content, the establishment of recycling conditions for both thermosets and carbon fiber-reinforced composites, and the demonstration of CFRC recyclability. The project also included a techno-economic analysis (TEA), which revealed significant cost reductions through carbon fiber recycling, and a lifecycle analysis (LCA), which showed that Spero's bio-based CFRCs could reduce greenhouse gas emissions by up to 74% compared to conventional fossil-based CFRCs. This work positions Spero Renewables at the forefront of sustainable thermoset and composite material technologies.

36 MATERIALS SCIENCE↗

Hydrogen Production Cost with Anion Exchange Membrane Electrolysis

Rigorous stakeholder-vetted techno-economic analysis was performed to assess the cost of hydrogen (H 2 ) produced using state-of-the-art Anion Exchange Membrane (AEM) electrolysis. Projected high-volume, untaxed and unsubsidized levelized cost of hydrogen (LCOH)1 range from 2020 $\$$1.78 to $\$$3.68/kg H 2 depending on technology year, process design, and electrolyzer project scale, assuming an electricity price of $\$$0.03/kWh and a capacity factor of 97%. The total installed capital cost for an AEM electrolysis plant was estimated from bottom-up stack and process plant cost models. The stack cost model accounts for manufacturing equipment, equipment maintenance, material, tooling, cycle time, yield, labor, utilities and general overhead. The process plant cost model accounts for purchased equipment, installation costs, site preparation, and general overhead costs. For this study, the AEM electrolysis plant is assumed to be a stick-built, greenfield project developed by an engineering, procurement, and construction (EPC) firm with electrolysis stacks purchased directly from an electrolysis stack manufacturer. The price of the electrolysis stacks is based on a bottom-up cost assessment with business markup for the electrolysis company fabricator. Methods from the Hydrogen Analysis (H2A) production model, a peer-reviewed national laboratory-developed discounted cash flow (DCF) model, were used to calculate the production LCOH in 2020 $\$$/kg H 2 . The baseline electricity price case ($\$$0.03/kWh) corresponds to average wholesale electricity prices currently possible in U.S. markets with plentiful wind. Similar low-cost electricity pricing is possible from solar Power Purchase Agreements (PPA) although these prices are typically limited by renewable energy capacity factors.

08 HYDROGEN↗

Determining Utility System Value of Demand Flexibility From Grid-interactive Efficient Buildings

This report focuses on ways current methods and practices that establish the value to electric utility systems of distributed energy resource (DER) investments can be enhanced to determine the value of demand flexibility in grid-interactive efficient buildings that can provide grid services. The report introduces key valuation concepts that are applicable to demand flexibility that these buildings can provide and links to other documents that describe these concepts and their implementation in more detail.The scope of this report is limited to the valuation of economic benefits to the utility system. These are the foundational values on which other benefits (and costs) can be built. Establishing the economic value to the grid of demand flexibility provides the information needed to design programs, market rules, and rates that align the economic interest of utility customers with building owners and occupants. By nature, DERs directly impact customers and provide societal benefits external to the utility system. Jurisdictions can use utility system benefits and costs as the foundation of their economic analysis but align their primary cost-effectiveness metric with all applicable policy objectives, which may include customer and societal (non-utility system) impacts.This report suggests enhancements to current methods and practices that state and local policymakers, public utility commissions, state energy offices, utilities, state utility consumer representatives, and other stakeholders might support. These enhancements can improve the consistency and robustness of economic valuation of demand flexibility for grid services. The report concludes with a discussion of considerations for prioritizing implementation of these improvements.

24 POWER TRANSMISSION AND DISTRIBUTION↗

Community Geothermal: Energy, Cost, and Carbon Modeling for District Design - Ann Arbor, MI

This data includes results on an analysis of existing and projected energy, cost, and carbon for the City of Ann Arbor - District Geothermal Design and Deployment to Equitably Decarbonize Low Income Neighborhoods in Ann Arbor project. The scope of the project includes designing and implementing a geothermal district heating and cooling system that reduces thermal heating and cooling load by 75% and greenhouse gas emissions by 40% in the project area (262 households, 6 commercial buildings). The existing neighborhood was modeled using Design Builder, an EnergyPlus software, to understand the current energy load. The energy model was then flipped to reflect the designed district geothermal heating and cooling system to project the effect on energy, carbon, and cost. This dataset includes the analysis files utilized and created for this study. There are 3 categories of data: 1) existing/benchmarking, 2) energy modeling, and 3) post processed calculations. This follows the methodology and process of the project team, which is fully explained in file 00_Technical Economic Environmental Assessment. All uses of data are referenced throughout this assessment to their respective files included below.

15 GEOTHERMAL ENERGY↗

Herbaceous Feedstock 2018 State of Technology Report

The U.S. Department of Energy (DOE) promotes the production of advanced liquid transportation fuels from lignocellulosic biomass by funding fundamental and applied research that advances the state of technology (SOT). As part of its involvement with this mission, Idaho National Laboratory (INL) completes an annual SOT report for biomass feedstock logistics. This report summarizes supply system impacts of Bioenergy Technologies Office (BETO)-funded research and development efforts at INL and elsewhere (such as the High-Tonnage Feedstock Logistics projects (Webb et al. 2013a, Webb et al. 2013b, Webb et al. 2013c, Webb and Sokhansanj 2014, Sokhansanj et al. 2014) that lead to improvements in feedstock supply systems. These include improvements to and observed performance of innovative harvest and collection methods, storage technologies, transportation and handling approaches, and advanced preprocessing technologies. Biomass quality and variability, and the interface between feedstock quality and conversion performance are key drivers in addition to delivered feedstock cost. In this report, we estimate the benefits of R&D improvements to individual supply system unit operations, and present the status of feedstock logistics technology development for converting biomass into biofuels. These analyses are supported by experimental data where possible, and help to align the SOT relative to the cost goals defined in the Multi-Year Program Plan. The 2018 Herbaceous SOT aligned feedstock logistic design with current biorefinery’s design capacity utilized by biochemical conversion platform. Currently biochemical conversion platform utilizes a 725,000 dry ton/year biorefiney design for the techno economic analysis. Hence, feedstock delivered cost in the 2018 Herbaceous SOT is calculated based on biorefinery’s 725,000 dry ton design capacity instead of 800, 000 dry ton capacity utilized in the 2017 Herbaceous SOT. Biomass availabilities in this SOT were updated to year 2018 data from the 2016 Billion-Ton Report (BT16) (DOE 2016a), with the exception of switchgrass, for which the 2018 Herbaceous SOT utilized the 2019 switchgrass availability data from BT16. The BT16 report (DOE 2016a) does not project switchgrass availability in 2018; the soonest switchgrass is available in the BT16 report is 2019. Therefore, availability of switchgrass for this analysis was that projected for 2019. The 2018 Herbaceous SOT incorporates same technologies utilized in the 2017 Herbaceous SOT. However, a sensitivity analysis is performed to understand the impact of variation of process parameters on those technologies on feedstock logistic cost. New R&D data that shows the variations of process parameters affecting process performance is incorporated in the 2018 SOT to measure the variations in delivered feedstock cost. The 2018 Herbaceous SOT has also provided projected delivered feedstock of 2022 design case based on near term technical target under BETO funded R&D project. Finally, updated biorefinery size of 725,000 dry ton/year was incorporated within least-cost formulation model to select optimal siting and depot scales during optimization of the least cost blend. This modification to the optimization algorithm allows the trade-off between the cost of increased supply radius and the savings from selecting biomass from higher producing counties to be assessed. Such optimization has also showed the economic benefit of decentralized depots in comparison to centralized preprocessing co-located with the biorefinery by decoupling the biorefinery and feedstock locations. The 2018 Herbaceous SOT report documents the current modeled cost of a herbaceous feedstock supply system (from harvest to the pretreatment reactor throat, including grower payment) for hydrocarbon fuel production via biochemical conversion, based on equipment and processes now available or potentially available in the near term. The modeled cost also considers both the required quality and the availability of the biomass resources. The 2018 Herbaceous SOT predicts a modeled delivered feedstock cost of $83.67/dry ton (2016$); this is a $0.23/dry ton (2016$) decrease from the 2017 Herbaceous SOT. The modification of biorefinery’s designed capacity and increased projected biomass availability in the same supply shed contributed to this modeled cost reduction. The least-cost formulation model to optimally site and scale local distributed preprocessing depots also contributed to the cost reduction by considering county-level grower payment and distance from the biorefinery as variables in the optimization algorithm. Sensitivity analysis on various process parameters that affect delivered feedstock cost in the 2018 Herbaceous SOT shows that the delivered cost could varies from $80.45-$88.83/dry ton. The top factors that causes such variations are: effective baling rate, bale density, hammer mill throughput, interest rate and storage dry matter loss.

09 BIOMASS FUELS↗

Impacts of turbine and plant upsizing on the levelized cost of energy for offshore wind

Turbine and plant upsizing are major trends in offshore wind deployment, although the quantitative impact on project costs has not been well-characterized. The uncertain value of continued wind turbine and project growth limits the ability of the supply chain to prepare for future technology trends, leading to challenges in the realization of larger projects. This analysis explores the levelized cost of energy impacts of turbine ratings between 6 and 20 MW and plant capacities between 250 and 2,500 MW for fixed-bottom offshore wind using techno-economic cost models for foundation, electrical, installation, and operation and maintenance costs, along with annual energy production. We consider a nominal set of technology assumptions for all scenarios to isolate economies of size and scale without additional benefits from decreasing turbine capital costs, quantity discounts for larger projects, or optimized technology solutions. These results indicate that using a 20-MW wind turbine in a 2,500-MW power plant array can reduce the levelized cost of energy by over 23% relative to the global average turbine and plant size installed in 2019; primarily because of reductions in the balance-of-system and operation and maintenance costs. We also identify improved installation vessels, optimized export systems, and novel operation and maintenance strategies as additional cost reduction opportunities. These results suggest that upsizing represents a significant cost reduction opportunity for offshore wind energy and will continue to be a main factor in shaping the future of the sector.

17 WIND ENERGY↗

Techno-economic analysis and environmental benefits of solar industrial process heating based on parabolic trough collectors

In this work, detailed techno-economic and environmental analyses are conducted for employing a 5 MWt parabolic trough-based solar industrial process heat (SIPH) plant in Salt Lake City, Utah. According to the results, an optimum solar multiple of 1.5 was determined, allowing the plant to generate annual thermal energy of 15389.24 MWth with a capacity factor of 35.1% and levelized cost of heat (LCOH) of $\$ 26.3$/MWth. Considering a 30% investment tax credit and a 30% reduction in the total installed cost could reduce the LCOH to $\$ 19.30$/MWth and $\$ 18.52$/MWth, respectively. Employing parabolic trough collectors could avoid emissions of 3,582,422.47 kg, 147.99 kg, 3,341.66 kg, and 14.32 kg for CO 2 , PM, NOx, and SO 2 , respectively per year compared to a natural gas-based plant. Further, it also caused an annual external cost savings of between $\$ 99,900$ and $\$ 357,004$. Including the external costs in the LCOH analysis shows that the SIPH plant is economically competitive with a natural gas-based plant, further demonstrating its value. A further comparison demonstrated the economic superiority of a parabolic trough-driven IPH plant over a photovoltaic-driven electric boiler plant. In summary, with reducing installed costs and providing incentives, parabolic trough-driven IPH plants will be an economically and environmentally viable option.

14 SOLAR ENERGY↗

Costs of mitigating the environmental impacts of hydropower projects in the United States

Developers are required to mitigate the environmental impacts of hydropower projects in the United States (U.S.) but there is very little accessible information on the associated costs. This work compiles and analyses a dataset of environmental impacts mitigation costs for 182 hydropower projects based on documents obtained from the U.S. Federal Energy Regulatory Commission (FERC). The analysis shows that environmental costs vary wildly across hydropower project classes and mitigation measures, even when normalized by plant capacity. Capital costs per kilowatt are generally higher for relicensed conventional hydropower plants, and lower for new and relicensed pumped storage hydropower plants, relative to other project classes. Smaller plants tend to spend a higher share of total project costs on mitigating environmental impacts than larger plants, and measures related to Aquatic Species, Project Operations, and Recreation have the highest capital cost per kilowatt. These findings mean that environmental costs could become a key decision variable for new hydropower developments in the U.S. due to the small scale of most of the remaining potential and the increasing stringency of environmental requirements. Therefore, technologies to reduce the environmental impacts and costs of hydropower would be important for future project developments.

54 ENVIRONMENTAL SCIENCES↗