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At least 613 records · Page 34

Techno-Economic and Deployment Analysis of Fossil Fuel-Based Power Generation with Integrated Energy Storage

Most existing coal-fired power plants were designed for sustained operation at full load to maximize efficiency, reliability, and revenues. Depending on plant type and design, these plants can adjust output within a fixed range in response to plant or market conditions. The need for flexibility driven by increased penetration of variable and non-dispatchable power generation such as wind and solar is shifting traditional mission profile of thermoelectric power plants in three ways: more frequent shutdowns when market or grid conditions warrant, more aggressive load ramp rates (rate of output change), and lower minimum sustainable load, which provides a wider operating range and helps avoid costly plant shutdowns. The recent studies have shown that flexibility of a coal-fired power plant can be improved by the energy storage. The objective of this project was to analyze a set of energy storage options (technologies) and determine their impact on flexibility and economics of a representative coal-fired power plant. The effect of five Energy Storage Systems (ESSs) integrated with a coal power plant on plant flexibility and economics was investigated in this study. The results obtained in this project and presented in this report showed that ESS integrated with a thermal power plant improves plant flexibility and participation in the Energy and Ancillary Services markets and also improves plant financial performance.

20 FOSSIL-FUELED POWER PLANTS↗

Techno-Economic Studies for Pumped Storage Hydropower (Final CRADA Report)

The research focused on estimating the value of various services and contributions that pumped storage hydropower (PSH) provides to the grid, especially in locations characterized by high penetration of variable renewable energy resources. Under this CRADA, the Participant provided the Contractors with non-proprietary data and information on the proposed Banner Mountain PSH project that describe project’s technoeconomic and environmental characteristics, planned market and business models, and other relevant information necessary to describe the proposed project and its planned operations. The Contractors analyzed this information and performed various technoeconomic studies to estimate the value of different services and contributions that PSH project could provide to the grid. The outcome of this CRADA was a detailed technoeconomic analysis conducted in a comprehensive cost–benefit and decision analysis framework.

13 HYDRO ENERGY↗

Electrolyzers in the System Advisor Model (SAM): A Techno-Economic Potential Study

A technoeconomic analysis of grid to low temperature electrolysis (Grid-LTE), photovoltaic to low temperature electrolysis (PV-LTE), concentrating solar power to high temperature electrolysis (CSP-HTSE) and a concentrating solar power with PV to high temperature electrolysis (CSP-PV-HTSE) centralized hydrogen production systems are analyzed to assess the economics of system and to provide a baseline for comparing these technologies against hydrogen production cost targets. A framework integrating the system advisor model (SAM) and US Department of Energy hydrogen production models (H2A) is developed to assess these systems. The hydrogen levelized cost given current and future assumptions for technology cost and performance is evaluated at optimal system configurations. The framework described in this report integrates SAM with H2A electrolyzer technologies and provides analysts a detailed technoeconomic method to analyze concentrating and photovoltaic solar technologies to produce energy that are directly coupled to LTE and HTSEs that use that energy to split water into hydrogen and oxygen. The baseline hydrogen levelized cost (HLCs) for the GRID-LTE, PV-LTE, CSP-HTSE, and CSP-PV-HTSE systems in Daggett, CA are 2.82, 3.86, 3.68, and 2.90 $\$$USD 2016/kg H2 and 2.50, 2.13, 2.84, 2.15 $\$$USD 2016/kg H2 in the 2020 and 2050 scenarios respectively. To achieve the $\$$2/kg H2 target in locations with excellent solar resources, cost parameters values aligned with aggressive R&D targets will need to be achieved for all the systems configurations. In Daggett, PV costs of $\$$0.68 /Wac or moderate ATB PV CAPEX projections result in HLCs of $\$$2 /kg H2. Similarly for PV-MSALT-HTSE systems, $\$$0.60 /Wac result in $\$$2/kg H2. For the MSALT-HTSE systems, better than aggressive 2050 ATB salt tower CAPEX projections would be needed to reach $\$$2/kg H2. Molten salt tower capital costs of $\$$2400/kW would enable $\$$2/kg H2 in 2050.

08 HYDROGEN↗

Comparative Techno-Economic Analysis of Available Feedstocks for High-Temperature Conversion: Whole Tree Thinnings and Mature Pine Residues

The TEA and LCA impacts of utilizing low-cost feedstocks in a high-temperature conversion process are of great interest. Here, we investigate the conversion cost impacts of two underutilized feedstocks from the commercial pine industry; 13-year-old whole trees, representing trees removed for the purpose of pre-commercial thinning, and 23-year-old pine residues, representing a waste stream produced from the deconstruction of mature trees for other purposes. Experimental fast pyrolysis data for each feedstock was used in tandem with results from supply and preprocessing analyses in order to evaluate the field-to-fuel economics. A low difference in MFSP was found between the conversion costs for the two feedstocks, with residues demonstrating a net benefit of $0.27/GGE compared to the whole tree thinnings, driven primarily by feedstock supply costs. This suggests that both whole tree thinnings and pine residues may be viable feedstock options for CFP conversion. Life cycle inventories were also generated for each case, enabling a field-to-fuel quantification of the cost and carbon cycle associated with each feedstock.

09 BIOMASS FUELS↗

Techno-Economic Analysis of Solar-Thermal Ammonia Production [Slides]

CO 2 -neutral ammonia production with concentrated solar technology is theoretically possible based on advanced solar thermochemical looping technology. STAP offers price stability achieving a target price <250 $/tonne NH 3 without including the H 2 . The nitride cost is the most significant expense, accounting for more than the 50% of the total CapEx.

14 SOLAR ENERGY↗

Local-Scale Framework for Techno-Economic Analysis of Subsurface Hydrogen Storage

The energy sector is evolving toward increased reliance on renewable energy technologies to meet state, national, and organization decarbonization goals. This trend is creating challenges and opportunities with meeting current and future energy demand under the variable supply conditions that most renewables provide. Hydrogen (H 2 ) is a promising energy carrier that may meet the need for both on-demand and long-duration storage to maintain energy security and resilience. Underground hydrogen storage (UHS) is a method of storing H 2 in subsurface geological systems, such as depleted hydrocarbon reservoirs, salt caverns, saline aquifers, hard rock, and other engineered systems. UHS has the potential to store large quantities of H 2 over time, providing a reliable source of energy while minimizing surface footprints at a lower investment cost compared to surface storage. Earlier work estimated that, if converted and retrofitted, existing underground natural gas storage (UGS) facilities in the U.S. can store approximately 327 TWh, or 9.8 million metric tons, of pure H 2 . However, a shift to pure H 2 would decrease the collective working-gas energy of the UGS facilities by approximately 75% due to physical and chemical differences between natural gas and hydrogen. The same work also suggests that almost 75% of the existing UGS facilities in the U.S. could maintain current energy demand buffering using a blend of only 20% H 2 to 80% natural gas, by volume at surface conditions. If we can take advantage of the suite of mature technologies of existing UGS facilities and natural gas utility systems to accelerate the transition to a hydrogen economy in the U.S., a 20% H 2 blend could lead to a 6-7% reduction of greenhouse gas emissions for energy delivered through natural gas utility systems.

03 NATURAL GAS↗

Techno-Economic Analysis of Greenfield Geothermal Hybrid Power Plants using a Solar or Natural Gas Steam Topping Cycle

The relatively low generation costs associated with wind, solar PV, and natural gas power plants make it challenging for geothermal power plants to produce and sell the power that has the reliability and sustainability characteristics that are greatly needed in US power markets. This is especially true for geothermal resources with low to medium temperatures, which results in relatively low thermal efficiency and generation costs that are higher than those for wind, solar PV, and natural gas. This analysis evaluates solar thermal- and natural gas combustion waste heat recovery-based topping cycle hybridization of geothermal binary power plants. This approach provides several benefits that may allow geothermal power plants to generate power at more competitive costs. First, the addition of solar thermal energy or natural gas combustion waste heat input to a geothermal power plant provides additional heat input that can be converted to electrical power. Second, the temperature level of the heat obtained from concentrating solar collectors or natural gas combustion exhaust is higher than that of geothermal heat, which provides opportunities for improving the efficiency of the conversion of thermal energy to electrical power. Third, the ease with which solar thermal systems integrate with energy storage and the flexibility of natural gas means power generation can occur during peak demand periods.

14 SOLAR ENERGY↗

Techno-Economic Analysis of Greenfield Geothermal Hybrid Power Plants using a Solar or Natural Gas Steam Topping Cycle

The relatively low generation costs associated with wind, solar photovoltaic (PV), and natural-gas power plants make it challenging for geothermal power plants to produce and sell the power that has the reliability and sustainability characteristics that are greatly needed in U.S. power markets. This is especially true for geothermal resources with low-to-medium temperatures, which results in relatively low-thermal efficiency and generation costs that are higher than those for wind, solar PV, and natural gas. This analysis evaluates solar thermal- and natural-gas combustion waste heat recovery-based topping cycle hybridization of geothermal binary power plants. This approach provides several benefits that may allow geothermal power plants to generate power at more competitive costs. First, the addition of solar thermal energy or natural-gas combustion waste heat input to a geothermal power plant provides additional heat input that can be converted to electrical power. Second, the temperature level of the heat obtained from concentrating solar collectors or natural-gas combustion exhaust is higher than that of geothermal heat, which provides opportunities for improving the efficiency of the conversion of thermal energy to electrical power. Third, the ease with which solar thermal systems integrate with energy storage and the flexibility of natural gas means power generation can occur during peak demand periods. The hybrid cycles are compared to equivalently sized, co-located, independent geothermal, concentrating solar, and/or natural-gas power plants. The hybrid cycle tends to produce slightly more power than the standalone plants combined. However, the hybrid plant Levelized Cost of Energy (LCOE) is slightly higher than the LCOE of the combined standalone power plants for each of the case study locations investigated. Using the steam-topping cycle, organic Rankine cycle (ORC)-bottoming cycle hybrid plant design to combine a solar thermal resource and low- temperature geothermal resource (<120 degrees C) leads to a hybrid plant with a lower LCOE than a standalone geothermal-only system. Thus, hybrid plants may enable the economic development of geothermal resources in locations with low geothermal resource temperatures. However, in areas with higher geothermal resource temperatures (>120 degrees C), the geothermal-only plant has a lower LCOE than the hybrid cycle and thus could be developed without the need for solar heat addition. iv A geothermal-natural-gas reciprocating engine hybrid plant was evaluated for an Elk Hills, California case study location. The Elk Hills case study analysis indicates that when the natural-gas engine operates for more than 12 hours per day the hybrid plant can produce power at an LCOE lower than a standalone geothermal plant, and comparable to that of the standalone natural-gas reciprocating engine, while also reducing the carbon intensity of the power generated relative to the standalone natural-gas engine. This may represent a scenario in which the hybrid plant provides an opportunity for the deployment of a low-temperature geothermal resource that otherwise may have an LCOE too high to develop and operate as a standalone resource, while also reducing the carbon intensity of natural-gas generation sources. A "triple-hybrid" plant that combines natural gas, solar thermal, thermal energy storage, and geothermal was also investigated. A natural-gas combustion turbine (NGCT) is added to the geothermal-solar hybrid such that the hot exhaust gas from the gas turbine provides an alternative source of heat to the steam turbine of the hybrid cycle. Analysis results suggest that the triple-hybrid plant has a significantly higher energy generation and revenue than a standalone NGCT or the original geothermal-solar hybrid. The triple-hybrid design benefits most from using a smaller solar field so that the solar energy can be dispatched at the most valuable times available. The triple-hybrid plant also has a lower LCOE than the standalone NGCT. The triple-hybrid plant was evaluated making simple assumptions about the dispatch profile of the gas cycle, and more nuanced and realistic dispatching schedules should be analyzed in future work.

15 GEOTHERMAL ENERGY↗

Capital Structure for Techno-Economic Analysis of Hydrogen Projects

This report provides updated generally accepted accounting principles (GAAP) parameter estimates of assumptions that may be used to reflect the cost of financing hydrogen infrastructure deployment. The report also provides parameter estimation for more streamlined financial analysis frameworks such as discounted cash flow and annualized financial models. Parameter values are derived from industry feedback and are reflective of current macro-economic factors such as higher interest rates and higher risk profile of emerging hydrogen technologies, given a myriad of factors such as projects’ construction inexperience, capital costs, and rising inflation, among others.

08 HYDROGEN↗

Techno-economic Model and Analysis for Hydrogen (H2) Pipeline Transportation

Presentation at the 9th ELAEE (Latin American Energy Economics Meeting) July 28th – 30th, 2024 in PUC-Rio, Rio de Janeiro, Brazil. The presentation highlights the FECM/NETL Hydrogen Pipeline Cost Model (H2_P_COM). The model estimates costs for transporting gaseous hydrogen in a pipeline from a source, such as a hydrogen production facility, to a final destination which may be a user of the hydrogen or a distribution center where hydrogen in the pipeline is diverted to multiple end users.

Cunha, Luciane↗

Techno-Economic Analysis of Hydrogen Production and Compressed Air Energy Storage from Variable Renewable Energy

Examines the performance and cost of pairing variable renewable energy (VRE) sources with compressed air energy storage and hydrogen production through PEM electrolysis. Sensitivities were performed on H2 cost, PEM electrolyzer capital cost, and hydrogen cavern capital cost. The analysis shows that the cost of VRE has the most impact on the overall cost results.

Teel, Troy↗

Techno-Economic Optimization of a Solvent Absorption Process for CO2 Capture with 3D-Printed Intensified Packing

Presentation given at the 2024 annual AICHE meeting held October 27-31, 2024. The presentation focuses on modeling performance and economics of a solvent absorption system for CO2 capture with towers utilizing intensified packing. The packing is an alternative to traditional structured packing by incorporating cooling channel for simultaneous mass and heat transfer.

Summits, Stephen↗

Enhanced Rock Weathering for Carbon Dioxide Removal: Life Cycle Analysis and Techno-Economic Assessment

The study models enhanced rock weathering (ERW) using minerals such as basalt and olivine in terrestrial environments. Our analysis shows potential for ERW CO2 removal and storage costs to approach US$ 100 per tonne (t) of CO2 removed and stored under certain conditions (2023 dollars). In the environmental analysis, the 100-year global warming potential impact with igneous rock and industrial waste materials ranges from 34–263 and 23–180 kg CO2-eq per tonne of CO2 removed and stored, respectively (these values result in overall emissions (removed minus emitted) between –977 and –737 kg CO2-eq net removed per tonne of CO2 removed and stored, meaning for every tonne of CO2 removed by ERW, after accounting for the CO2 equivalent emissions from the GWP, the overall emissions are negative.

Priyadarshini, NFN [NETL Site Support Contractor, ↗