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At least 19 records

Acquisition and Development of Selected Cost Data for Saline Storage and Enhanced Oil Recovery (EOR)

This report presents cost data and recommends cost estimation methods for costs associated with CO 2 injection and surface facility management, including well equipment, onsite booster compression. Where water is produced for pressure management in saline aquifers, costs for water production, water injection, and associated surface treatment and wellhead equipment (along with associated piping and facilities) is provided. Comparable cost estimation recommendations are provided for CO 2 -EOR operations, including the costs associated with oil and water management and production, and CO 2 recycling.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Integrating Cambium Marginal Costs into Electric Sector Decisions: Opportunities to Integrate Cambium Marginal Cost Data into Berkeley Lab Analysis and Technical Assistance

NREL’s Cambium tool generates forward-looking simulations of marginal wholesale electricity costs associated with NREL’s Standard Scenarios. The scenarios include growing shares of variable renewable energy (VRE, i.e. wind and solar), among other power sector assumptions, between 2018 and 2050. The tool’s primary output—hourly costs at more than 130 balancing areas—could serve as public and transparent data source that supports electric-sector decision-making processes across the U.S. Berkeley Lab conducts a large range of analyses that use historical and forward-looking wholesale electricity prices to inform electric-sector decisions. In this report, Berkeley Lab uses its expertise to evaluate the Cambium cost data. We compare Cambium data with historical wholesale prices for the year 2018 and other modeled prices for the year 2030. We then present eight case studies in which Berkeley Lab researchers use Cambium data to replicate previous analyses based on other price datasets. We describe where primary findings and underlying key price dynamics align or differ, and highlight possible novel insights from the Cambium data. Finally, we qualitatively evaluate the suitability of Cambium costs in ten additional Berkeley Lab studies, though a direct comparison with alternative price data was not feasible at this time. The goal is to inform how electric-sector decision-makers and DOE program offices may be able to use this cohesive dataset, and to highlight what improvements to Cambium may make it even more useful.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Advanced Fuel Cycle Cost Basis Report: Supporting Document 6 A Proposed Methodology for Transformation of Reactor Cost Data to the ‘What-It-Takes’ Table

Note: This document represents work undertaken to refine the CBR approach for arriving at recommended cost values for the reactor sub-modules. This information is provided to indicate the possible direction of evolution in future CBR updates and encourage comments from CBR users. Since this document was developed concurrent with many of the following R-modules, the methodology was applied only in the analysis of the fast reactor (Module R2) data. In future revisions an attempt will be made to use this methodology uniformly.

11 NUCLEAR FUEL CYCLE AND FUEL MATERIALS↗

Analyzing the Inflation Reduction Act and the Bipartisan Infrastructure Law for Their Effects on Nuclear Cost Data

Decarbonizing to meet aggressive climate change mitigation targets requires energy transition within all sectors. In the industrial sector, emissions will need to decrease by 65–90% by 2050 to avert global warming greater than 1.5°C (IPCC 2022). The Inflation Reduction Act (IRA), Bipartisan Infrastructure Law (BIL), and Defense Production Act (DPA) have clean energy requirements and provide financial incentives to accelerate the use of clean energy technologies in the industrial sector. It is important to note that IRA is the most extensive action ever taken by Congress and the U.S. government to combat climate change (US CBO 2021, 2022). The energy system provisions comprise most of the estimated climate and energy support. A better understanding of those provisions in the above mentioned acts and laws is crucial to assessing their impact on the equivalent energy costs to the power plant owners (impact on net revenue in $/MWh) across different energy technologies, market deployment potential offered to different energy technologies applications, and energy system research modeling. The purpose of the report is to shed light on IRA and BIL provisions with particular attention to impacts on the nuclear industry. The report also seeks to understand potential equivalent energy cost savings for nuclear energy technologies from other laws and programs in conjunction with IRA, BIL, loan program guarantees, and DPA. The report reviews recent legislation on energy policy and translates that policy to impacts on equivalent nuclear costs for the purpose of modeling policy in energy scenarios.

11 NUCLEAR FUEL CYCLE AND FUEL MATERIALS↗

Phase I Microgrid Cost Study: Data Collection and Analysis of Microgrid Costs in the United States

The U.S. Department of Energy (DOE) Office of Electricity Microgrid Cost Study project is looking at identifying the costs of components, integration and installation of U.S. microgrids and project cost improvements and technical accelerators over the next 5 years and beyond. This information could then be used by the DOE among others, to develop R&D agendas for the development of the next generation microgrids that provide cost effective, reliable and clean energy solutions. Microgrids are gaining in popularity because of their adaptability and flexible expandability, the need for increased electricity reliability, the increased affordability of distributed energy resources (DERs) and grid intelligence devices, goals to reduce greenhouse gas emissions, and other factors. The U.S. Department of Energy commissioned the National Renewable Energy Laboratory to complete a microgrid cost study and develop a microgrid cost model. The goal is to elucidate the variables that have the highest impact on costs as well as potential areas for cost reduction. This study consists of two phases. Phase I comprises the collection and analysis of data from microgrid projects built in the United States and is the subject of this report. In Phase II, NREL will assess current barriers facing the industry and identify potential solutions with help from industry representatives. Microgrid components are classified as follows in the form used to collect cost data from industry representatives for NREL's microgrid cost database: DERs: diesel, natural gas, combined heat and power (CHP), biofuel, solar photovoltaic (PV), wind, and fuel cell and energy storage; microgrid controller: primary, secondary, or tertiary; additional infrastructure: distribution system infrastructure, information technology communications upgrades, metering, etc.; soft costs: engineering, construction, commissioning, and regulatory. The purposes of Phase I are to better determine the contribution of individual components to total project size and to identify cost differences in projects within the same market segment. Phase II will use the results of Phase I to have an initial indication of the costs that might be driving the cost of development the most.

24 POWER TRANSMISSION AND DISTRIBUTION↗

Advanced Fuel Cycle Cost Basis – 2017 Edition

This report, commissioned by the U.S. Department of Energy (DOE) Office of Nuclear Energy (NE), provides a comprehensive set of cost data supporting a cost analysis for the relative economic comparison of options for use in the DOE Nuclear Technology Research and Development (NTRD) Program (previously the Fuel Cycle Research and Development (FCRD) and the Advanced Fuel Cycle Initiative (AFCI)). The report describes the NTRD cost basis development process, reference information on NTRD cost modules, a procedure for estimating fuel cycle costs, economic evaluation guidelines, and a discussion on the integration of cost data into economic computer models. This report contains reference cost data for numerous fuel cycle cost modules (modules A-O) as well as cost modules for a number of reactor types (R modules). The fuel cycle cost modules were developed in the areas of natural uranium mining and milling, thorium mining and milling, conversion, enrichment, depleted uranium disposition, fuel fabrication, interim spent fuel storage, reprocessing, waste conditioning, spent nuclear fuel (SNF) packaging, long-term monitored retrievable storage, managed decay storage, recycled product storage, near surface disposal of low-level waste (LLW), geologic repository and other disposal concepts, and transportation processes for nuclear fuel, LLW, SNF, transuranic, and high-level waste. Since its inception, this report has been periodically updated. The last such internal document was published in August 2015 while the last external edition was published in December of 2009 as INL/EXT-07-12107 and is available on the Web at URL: www.inl.gov/technicalpublications/Documents/4536700.pdf. This current report (Sept 2017) is planned to be reviewed for external release, at which time it will replace the 2009 report as an external publication. This information is used in the ongoing evaluation of nuclear fuel cycles by the NE NTRD program.

11 NUCLEAR FUEL CYCLE AND FUEL MATERIALS↗

The Cost of Decarbonization and Energy Upgrade Retrofits for US Homes

Cost is a major barrier when upgrading homes to reduce carbon emissions required to meet DOE’s climate-related goals. This report summarizes a nationwide effort to gather home energy upgrade project cost data along with household energy performance data. The goal was to develop cost benchmarks and to guide future R&D efforts aimed at cost compression and scaling of the residential upgrade market. The cost data were compiled for both total project costs and costs of individual measures. The majority of energy savings were modeled, with some models using measured site data for calibration. The database was analyzed using clustering techniques to find common energy and CO2 reduction approaches. The individual measures were combined into archetypal solutions to determine least-cost approaches to maximizing energy and carbon savings. Several financial analyses were preformed to examine other cost metrics beyond first cost. Project data was obtained for 1,739 projects, from 15 states and 12 energy programs, with a total of 10,512 individual measures. The database includes a wide-array of projects, ranging from single-measure HVAC upgrades to net-zero energy whole home remodels. Projects were predominantly single-family detached dwellings with wood frame construction. Most of the data was obtained from energy programs because they had recorded the necessary information and were willing to share with this study. This sample of convenience can provide broad guidance and national cost benchmarks, but lacks sufficient detail to draw more disaggregated conclusions, such as geographical trends. The majority of data contributions were obtained without compensation from sources where the required data was already in some sort of structured format. We compensated sources to enter data from individual projects into a structured data format for about 500 projects, with an average cost of about $40 per project. The database was highly skewed to lower cost, lower impact projects due to the nature of the sample of convenience. Less than 10% of projects had savings greater than 50%. The cost data for individual measures in the database are being used in other DOE efforts on residential energy use/decarbonization. This data collection effort should continue in order to provide the best-informed guidance for DOE and industry R&D, as well as deployment efforts (including policy and program planning).

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Do We Really Know how Much it Costs to Construct High Performance Buildings?

Understanding the cost of energy efficient construction is critical to decision makers in building design, code development, and energy analysis. How much does it cost to upgrade from R-13 to R-19 in a building wall? How much do low-e windows really cost? Can we put a dollar figure on commissioning? Answers to these questions have a fuzzy nature, based on educated guesses and industry lore. The response depends on location, perspective, bulk buying, and hand waving. This paper explores the development of a web tool intended to serve as a publicly available repository of building component costs. In 2011 the U.S. Department of Energy (DOE) funded the launch of a web tool called the Building Component Cost Community (BC3), dedicated to publishing building component costs from documented sources, actively gathering verifiable cost data from the users, and collecting feedback from a wide range of participants on the quality of the posted cost data. The updated BC3 database, available at http://bc3.pnnl.gov, went live on April 30, 2012. BC3 serves as the ultimate source of the energy-related component costs for DOE’s residential code development activities, including cost-effectiveness analyses. The paper discusses BC3 objectives, structure, functionality and the current content of the database. It aims to facilitate a dialog about the lack of verifiable transparent cost data, as well as introduce a web tool that helps to address the problem. The questions posed above will also be addressed by this paper, but they have to be resolved by the user community by providing feedback and cost data to the BC3 database, thus increasing transparency and removing information asymmetry.

building component cost, code requirements, IECC, ↗

DRILLING OPTIMIZATION OF A CANEY SHALE WELL USING OFFSET WELL DRILLING DATA

Cost reduction can be achieved by utilizing drilling simulators to efficiently optimize new wells to be drilled using available adjacent or offset well drilling data. Different approaches involving simulators that use inverted rate of penetration (ROP) models have been implemented to help improve the drilling performance of wells primarily within the Caney shale. A complete simulation and optimization technique is presented herein which utilizes drilling data from a nearby or offset well (Garrett well) to create an optimized drilling program for a new well to be drilled (Gallaway well).

02 PETROLEUM↗