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At least 73 records · Page 4

The enduring role of contracts for difference in risk management and market creation for renewables

Governments procure renewables through a variety of mechanisms. Contracts for difference (CfDs) have been used for more than 50% of the global offshore wind supply. The payments awarded through CfDs are sometimes labelled subsidies, suggesting that they support uneconomic activity. Here, in this study, we argue that the primary role of CfDs is rather risk management by creating a market for electricity supply at stable long-term prices. Similar to its use in other sectors of the economy, this contract type transforms a variable to a fixed price to reallocate volatility risks. Such long-term contracts are often necessary for renewables financing due to limited hedging options in existing markets. Our perspective could imply a shift in perception towards CfDs as a fundamental and lasting market feature. We hope to stimulate a timely discussion about the impact of greater CfD diffusion on electricity market mechanisms, risk allocation and the potential for combining fragmented streams of energy finance, market and policy research.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Supporting the Transition from Grid-Scale to Emerging Market Wave Energy Converter Design and Assessment

In the past decade there has been increasing interest in emerging markets for wave energy, both as a stepping stone for development and as a way to create new opportunities for offshore markets such as ocean observation or desalination. Developers who were once focused exclusively on grid-scale development have begun to engage with more unique markets. This has led researchers to begin examining means of assessing emerging-market devices. In this paper, we analyze the Technology Performance Level (TPL) Assessment for its potential use in the assessment of emerging market wave energy converters (EM-WECs). We use Quality Function Deployment (QFD) and a question-by-question analysis of the TPL assessment to determine the changes necessary for such an assessment to be applicable in emerging markets. We discuss how the primary differences between the markets could impact the viable development pathways for developers hoping to succeed in multiple markets. We determine that the different stakeholders and stakeholder requirements of some emerging markets compared to gridscale applications should be met with changes to cost-toperformance metrics, prototype testing processes, recovery planning, materials selection, optimization objectives, and public engagement.

blue economy↗

U.S. ESCO Industry: Industry Size and Recent Market Trends

This study is the latest in a series of LBNL research into U.S. ESCO industry characteristics and market trends. The research is based on interviews with ESCO industry executives conducted during the fall of 2019 and the first half of 2020. Nearly all companies that identified themselves as ESCOs were contacted as part of this project. We find that after a period of little growth (2011-2014), industry revenues reached an estimated $6 billion in 2018, or a 3.4% annual average growth rate from 2015-2018. ESCOs primarily serve the public an institutional sectors (e.g., federal, state, and local governments; university and colleges; and K-12 schools). In 2018, project investments by public and institutional organizations accounted for over 90% of industry revenue, which is consistent with previous industry studies. ESCO activity in the Middle Atlantic, East North Central, and Pacific regions in the U.S. delivered the highest share of revenue in 2018, which is also consistent with earlier research. ESCOs reported that a majority of their customers use energy savings performance contracts (ESPCs) primarily for facility capital improvement needs and resilience rather than utility savings. In addition, the importance of non-energy benefits (e.g., water savings, avoided operations and maintenance costs, and avoided capital costs) accounted for in the project savings guarantee reportedly increased in all markets during 2016-2018 compared to previous time periods. The study found that the ESCO industry faces several key challenges, including: (1) increasing project development times due to more complex projects and other factors; (2) difficulty finding qualified subcontractors in some regions, including minority- women- and disadvantaged population-owned small business enterprises; and (3) difficulty accessing project documents and quickly fulfilling customer requests to justify project payments several years into the performance period of a project.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Energy Flexibility-Environmental Outcomes Tradeoffs Workshop Report and Research Roadmap

The U.S. Department of Energy (DOE) and Norway’s Royal Ministry of Petroleum and Energy signed an Annex to a previously signed memorandum of understanding (MOU) in February 2020 to collaborate on hydropower research and development (R&D). This MOU Annex has brought together the DOE’s Office of Energy Efficiency and Renewable Energy Water Power Technology Office and the Norwegian Research Center for Hydropower Technology (HydroCen) to plan and coordinate hydropower R&D activities to increase our understanding of hydropower’s role in the future energy grid and how to minimize and mitigate the subsequent environmental impacts. As part of this MOU Annex, hydropower researchers from the U.S. and Norway have come together to conduct collaborative research on hydropower markets and value, hydropower plant capabilities and constraints, monitoring and control technologies, environmental design solutions, environmental impacts and tradeoffs, flexible operation and planning, and technology innovations. This report presents background information on hydropower environmental regulation in the U.S. and Norway and summarizes content and conclusions from this series of two, three-hour workshops on hydropower generation flexibility and environmental outcomes, that included structured discussions used to identify research priorities and collaborative research opportunities.

13 HYDRO ENERGY↗

A comprehensive review of solar only and hybrid solar driven multigeneration systems: Classifications, benefits, design and prospective

Depending on the application and demands, different products can be generated utilizing multigeneration systems. To drive such systems, solar energy can be used as a primary energy source or in hybridization with other renewable or nonrenewable energy sources. Solar driven multigeneration systems are appealing due to the broad availability of solar energy and related technologies. Here, the objective of this study is to review, categorize and discuss different configurations, benefits, potentials, challenges, future research directions and market perspectives of solar energy-driven multigeneration systems, comprehensively. This study also reviews how solar energy systems can be used to hybridize systems for multigeneration purposes. Regardless of using fossil fuel backup sources, these systems are classified as (1) solar only-driven and (2) hybrid solar-driven, in which solar energy is used together with other renewable sources. Reviewing the literature demonstrates numerous ways to build solar energy-driven multigeneration systems by coupling a variety of different cycles and devices. Such systems offer multiple benefits such as enhancing the efficiency, reducing capital and operating costs and carbon dioxide emission. Hybridizing solar with other renewable energies enables continuous operation and dispatchability management. This review shows that for configuration selection and design, different thermodynamics, economic and environmental aspects should be considered. To advance the solar driven multigeneration systems development, further multidisciplinary research on different aspects of such systems is necessary. Particularly, investigations should focus on building different prototypes and on conducting experimental assessments. Also, new incentives and long-term purchase agreements for the products must be established.

14 SOLAR ENERGY↗

Multiobjective Modular Biorefinery Configuration under Uncertainty

With increasing interest in using biomass as a raw material for fuel, the development of biorefineries is an active area of research. However, increasing market competition, uncertainty, and environmental concerns are a few of the challenges that need to be addressed. In this work, mathematical optimization formulations are proposed to address these challenges simultaneously. A multiobjective deterministic optimization framework is proposed to address economic and environmental objectives. A two-stage stochastic optimization framework is proposed to account for uncertainties in material flow and product yields. To model the environmental objective, an environmental risk metric is proposed. Finally, as modularization is gaining popularity in the process industry due to its ability to save capital cost because of standardization and reduce time to market, a formulation for simultaneously achieving modular process design and biorefinery configuration is proposed. Furthermore, the results demonstrate the efficacy of the proposed approach.

09 BIOMASS FUELS↗

Multicarrier Energy Systems: Shaping Our Energy Future

Multicarrier energy systems (MCESs) are characterized by strong coordination in operation and planning across multiple energy vectors and/or sectors to deliver reliable, cost-effective energy services to end users/customers with minimal impact on the environment. They have efficiency and flexibility benefits and are deployed in large and small scales on the supply and demand sides and at the network level but are more complex to control and manage. Here, MCESs are reviewed in the context of future low carbon energy systems based on electrification and very high variable renewable energy penetrations. Fully exploiting these systems requires some cost reductions, more sophisticated operations enabled by standardized communications and control capabilities detailed planning paradigms, and addressing their corresponding economic challenges. All these point toward the direction of analysis, markets, and technology research and development coupled with better policy and regulatory frameworks. One futuristic vision of a very low carbon energy system is proposed that illustrates potential pathways to an MCES-dominated energy future.

24 POWER TRANSMISSION AND DISTRIBUTION↗

Upcycling of CFRP Waste: Viable Eco-friendly Chemical Recycling and Manufacturing of Novel Repairable and Recyclable Composites

The rapid growth of the carbon fiber-reinforced polymer (CFRP) composite market has driven researchers to find value-added applications for outdated prepregs, manufacturing scraps, and end-of-life components. Currently, most CFRP waste is incinerated or landfilled, which squanders its residual value and burdens the environment. Various mechanical, thermal, and chemical approaches have been attempted to recover the carbon fiber, polymer matrix, or both. However, these current practices are often costly, energy-intensive, and generate secondary waste and pollution. To address these shortcomings, this project aims to develop a viable and sustainable chemical recycling technology for CFRP waste that can efficiently and cost-effectively decompose the polymer matrix and manufacture new recyclable composites from both the recovered carbon fiber (rCF) and decomposed matrix polymer (DMP).

36 MATERIALS SCIENCE↗

Cost and Performance Baseline for Fossil Energy Plants Volume 1: Bituminous Coal and Natural Gas to Electricity

This report presents an independent assessment of the cost and performance of select fossil energy power systems—pulverized coal (PC) and natural gas combined cycle (NGCC) plants—using a systematic, transparent, technical, and economic approach. This is Volume 1 of the baseline series: Bituminous Coal and Natural Gas to Electricity. The cost and performance of fossil fuel‐based generation technologies represented in this report are important inputs to assessments and determinations of technology combinations to be utilized to meet the projected demands of future power markets. From a research and development perspective, this report is used to assess goals and metrics and to provide a consistent basis for comparing developing technologies. The main report consists of fifteen power plant configurations, six PC cases (with and without carbon capture) nine NGCC cases (with and without carbon capture) and few additional cases of higher capture rate, for both PC and NGCC plants in the appendix. In addition to the report, an interactive tool was developed that allows users to manipulate six key study parameters simultaneously for each case and visualize the impact on three metrics: 1) levelized cost of electricity (LCOE), 2) cost of CO 2 capture (CCC), and 3) cost of CO 2 avoided (CCA). Following is the link to the interactive tool: https://netl.doe.gov/NETLVol1BaselineTool

20 FOSSIL-FUELED POWER PLANTS↗

How the Modular Construction Industry Is Changing the Construction Workforce [Slides]

564,000 - that's the number of construction workers the United States lacked in 2023. This is not a new or unfamiliar problem, but high interest rates, housing shortages, and an aging workforce are amplifying the pressure to build faster and recruit new talent. Panelized and modular construction are often touted as a solution to this workforce challenge and have seen year over year increases in market share. While research confirms industrialized construction can increase building efficiencies, researchers at the National Renewable Energy Laboratory (NREL), RMI, Washington State University, Dodge Construction Network and Guidehouse were curious how workers are being impacted both on construction sites, at factories, and all the stages in between.

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATI↗

New Mexico Clean Energy and Resilience Growth (NM CERG) Cluster

The New Mexico Clean Energy Resilience and Growth (NM CERG) project was designed to foster a clean energy cluster in New Mexico by providing a robust pipeline of support for clean-energy technology startups. By leveraging the expertise and resources of national laboratories, universities, and regional partners, the project contributed to a deeper understanding of how public-private partnerships can enhance the commercialization of innovative clean energy technologies. The project explored the key challenges faced by startups, such as securing capital, rapid prototyping, technology validation, and transitioning from research to market-ready products.

02 PETROLEUM↗

Controller area network decoder (CAN-D)

A system and method for decoding an unknown automotive controller area network (“CAN”) message definitions. CAN data vehicle signal mappings are typically held in secret and varied by automotive model and year. Without knowledge of the mappings, the wealth of real-time vehicle data hidden in the automotive CAN packets is uninterpretable—impeding research, after-market tuning, efficiency and performance monitoring, fault diagnosis, and privacy-related technologies. This technology can ascertain the CAN signals' boundaries (start bit and length), endianness (byte ordering), signedness (binary-to-integer encoding) from raw CAN data. This allows conversion of CAN data to time series. Interpreting the translated CAN data's physical meaning and finding a linear mapping to standard units (e.g., knowing the signal is speed and scaling values to represent units of miles per hour) can be achieved for many signals by leveraging diagnostic standards to obtain real-time measurements of in-vehicle systems. The system and method can be integrated into lightweight hardware enabling an OBD-II plugin for real-time in-vehicle CAN decoding or run on standard computers. The system can output a standard DBC file with the signal definition information.

Verma, Kiren E.↗

System for controller area network payload decoding

A system for decoding an unknown automotive controller area network (“CAN”) message definitions. CAN data vehicle signal mappings are typically held in secret and varied by automotive model and year. Without knowledge of the mappings, the wealth of real-time vehicle data hidden in the automotive CAN packets is uninterpretable—impeding research, after-market tuning, efficiency and performance monitoring, fault diagnosis, and privacy-related technologies. This system can ascertain the CAN signals' boundaries (start bit and length), endianness (byte ordering), signedness (binary-to-integer encoding) from raw CAN data. This allows conversion of CAN data to time series. Interpreting the translated CAN data's physical meaning and finding a linear mapping to standard units (e.g., knowing the signal is speed and scaling values to represent units of miles per hour) can be achieved for many signals by leveraging diagnostic standards to obtain real-time measurements of in-vehicle systems. The system can be integrated into lightweight hardware enabling an OBD-II plugin for real-time in-vehicle CAN decoding or run on standard computers. The system can output a standard DBC file with the signal definition information.

Verma, Kiren E.↗

Identifying institutional barriers and policy implications for sustainable energy technology adoption among large organizations in California

Large organizations wield considerable market power, their procurement activities can be leveraged to achieve social, economic and environmental goals by ‘pulling’ more desirable products into the market. However, while there is substantial research in individual consumer buying behavior and market barriers to sustainable technology adoption, less is known about large organizational buying behavior and the impact of institutional barriers in this area. To address these research gaps, in this work we conducted an exploratory study aimed at better understanding the process through which large organizations purchase sustainable energy technologies and what internal barriers they experience during that process. Additionally, we surveyed and interviewed 120 individuals involved in procurement from Californian organizations representing both public and private sectors. Survey results indicate the need to resolve the conflict between prioritizing lowest first cost and lowest life cycle cost, better engage multiple stakeholders involved in internal decision-making around purchasing, and improve existing procurement tools or offer new ones. We provide recommendations for how policymakers can apply our findings to increase the adoption of sustainable energy technologies in their own organizations and communities.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

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↗

Refrigerants: Market Trends and Supply Chain Assessment

The National Renewable Energy Laboratory (NREL), in partnership with ORNL, under the Clean Energy Manufacturing Analysis Center (CEMAC www.manufacturingcleanenergy.org) umbrella, assessed the current state of existing and low-GWP refrigerants for major end-use applications, including HVAC and those outside of the HVAC industry. The project incorporated a market overview, and supply chain assessment to determine the production, distribution, consumption, costs, and potential operating efficiency impacts of new and alternative refrigerants entering the market. Market trends and ongoing research are also documented. This work supplements other DOE efforts to support research activities on refrigerants and their applications including a refrigerant R&D roadmap and outlook into global air conditioning markets (Goetzler et al. 2014, 2016).

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATI↗

The impacts of convex piecewise linear cost formulations on AC optimal power flow

Despite strong connections through shared application areas, research efforts on power market optimization (e.g., unit commitment) and power network optimization (e.g., optimal power flow) remain largely independent. A notable illustration of this is the treatment of power generation cost functions, where nonlinear network optimization has largely used polynomial representations and market optimization has adopted piecewise linear encodings. This work combines state-of-the-art results from both lines of research to understand the best mathematical formulations of the nonlinear AC optimal power flow problem with piecewise linear generation cost functions. An extensive numerical analysis of non-convex models, linear approximations, and convex relaxations across fifty-four realistic test cases illustrates that nonlinear optimization methods are surprisingly sensitive to the mathematical formulation of piecewise linear functions. The results indicate that a poor formulation choice can slow down algorithm performance by a factor of ten, increasing the runtime from seconds to minutes. Furthermore, these results provide valuable insights into the best formulations of nonlinear optimal power flow problems with piecewise linear cost functions, an important step towards building a new generation of energy markets that incorporate the nonlinear AC power flow model.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

An assessment of existing barriers to market adoption of thermal energy storage in buildings based on interviews with stakeholders

The United States administration recently established a goal of reducing greenhouse gas emissions by half below 2005 levels by 2030 and becoming a carbon-neutral economy by 2050. The transition to renewable energy sources may be significantly aided by energy storage. Energy storage could smooth the delivery of variable or intermittent renewable energy sources such as wind, hydro, and sun by storing excess renewable energy when it’s available and delivering it back when renewable energy production is low. Thermal energy storage (TES) is a way that stores thermal energy by heating or cooling a storage medium, which is then used for space heating and cooling, industrial processes, or power generation purposes later. This TES operation could lessen the demand for electricity in both the winter's and the summer's peak hours of electricity. While there are various studies that focus on the advancements and successes of TES technology, less attention is placed on its market adoption. Therefore, the current study undertakes survey-based interview research to understand the existing market barriers hindering TES application in buildings. A series of interviews were performed in this study with individuals from various backgrounds, ranging from homeowners to market specialists who work for TES manufacturers and utility companies. According to the responses obtained during the interviews, they strongly believe that TES has a high potential to contribute to the nation's grid stability and decarbonization goals, however, there are several barriers that prevent homeowners and heat pump manufacturers from investing in TES applications. The current study divided the responses from various background groups into categories to better understand the current challenges for TES applications in buildings. These responses range from payback concerns from homeowners to the need to develop a new metric to represent the benefits of TES from the heat pump and TES manufacturers. The findings from this study can be used by policymakers, utility companies, and manufacturers to better understand present obstacles and develop strategies to overcome them.

Prem Anand Jayaprabha, Jyothis Anand↗