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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.

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At least 19 records
All sourcesNASA NTRSDOE OSTI
DOE OSTI2020

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↗
DOE OSTI2020

LCOE Design Optimization Using Genetic Algorithm with Improved Component Models for Medium-Voltage Transformerless PV Inverters

For real-world installations of photovoltaic and other renewable energy resources, the critical design metric is the levelized cost of energy (LCOE); however, many power electronics design optimizations are performed with efficiency and power density as the primary design goals. Recent work has shown that a new LCOE-focused optimization approach can yield improved system designs balancing cost and energy generation. This paper expands the LCOE optimization approach by considering comprehensive optimization parameters, adding new modeling of inductor cost, extending the semiconductor model to include effects of losses on housing cost, and implementing a genetic algorithm to improve computation efficiency.

41 EE - Solar Energy Technologies Office (EE-4S)↗
DOE OSTI2023

Defining a compact dry cooler design to reduce LCOE contribution in a CSP facility

Concentrating solar power (CSP), when coupled with a supercritical carbon dioxide (sCO 2 ) power cycle and sensible heat storage, presents a renewable and clean alternative for utility-scale power generation. However, in order to be competitive in the current and future markets, CSP facilities must limit their levelized cost of electricity (LCOE) by minimizing capital costs and reducing operating costs over the lifetime of the plant. Targeting this goal, this study investigates the LCOE impact of the power cycle pre-cooler. This study considers a compact dry cooler with micro-channel technology on the CO 2 side and formed fin geometry on the air side, using directly-coupled centrifugal fans and a transition duct to improve air distribution across the fins as well as protect the fins from contaminants which may cause blockage, soiling, fouling, and damage. In an effort to better understand the dry cooler impact on LCOE, a sensitivity study was conducted using various combinations of end-to-end approach temperatures, air-side pressure drop values, CO 2 -side pressure drop values, fan types, cooler turndown control schemes, cooler module sizes, and design-point ambient temperatures. Furthemore, off-design cycle performance data was calculated for each dry cooler design using NPSS simulation software; cycle performance data were then input to System Advisor Model (SAM) along with the associated capital costs for LCOE prediction of a 100 MW system over a 30 year plant lifetime. Results of this study show the LCOE is most sensitive to air-side performance, followed by heat transfer effectiveness and capital cost. It was found that a power cycle with a mid- to high-performance dry cooler will produce the most competitive power-production costs. Designing at the extreme ends for approach temperature (or effectiveness), design-point ambient temperature, and compactness (footprint) produce higher LCOE values; mid-range values for these parameters balance performance, operating costs, and associated capital cost to optimize LCOE.

14 SOLAR ENERGY↗
DOE OSTI2018

Advanced TidGen Power System - LCOE Calculations and System Overview

The TidGen Power System generates emission-free electricity from tidal currents and connects directly into existing grids using smart grid technology. The power system consists of three major subsystems: shore-side power electronics, mooring system, and turbine generator unit (TGU) device. This submission includes the Advanced TidGen cost and cost of energy metrics after critical design review for BP1, and a complete LCOE content model and LCOE reporting according to DOE guidance for the baseline system and the system with advanced technology integrated. A revised LCOE content model is also included, with more relevant market array assumptions. Additionally, this submission includes a complete system overview and component overview content models. The LCOE Content Model provides data submitters with an easy and consistent means of uploading data that can be used to calculate the levelized cost of energy for MHK devices. Data represents the design completed for the Critical Design Review conducted at ORPC in December, 2017. All values are for a single device. Note that with substantial fixed costs, larger arrays will greatly reduce LCOE. For an array in Admiralty Inlet producing 136,000 MWh, 270 devices with an array CAPEX of $540,260,052 and an array OPEX of $39,959,207 would result in an LCOE of $722/MWh.

16 TIDAL AND WAVE POWER↗
DOE OSTI2021

Comparative Investigation of System-Level Optimized Power Conversion System Architectures to Reduce LCOE for Large-Scale PV-Plus-Storage Farms

PV-plus-storage (PVS) has become a prevalent configuration for newly commissioned large-scale solar projects. However, the optimal power conversion system (PCS) architecture has not been investigated yet. This paper first validates the limited impact of inverter cost on LCOE and then explores a system-level optimized PCS architecture with extended LCOE reduction to proliferate large-scale dispatchable solar energy. Two state-of-the-art architectures including central inverters (CI), traditional 480/600 V string inverters (SI) are compared with newly proposed medium voltage string inverters (MVSI) and multiport DC transformer (MDCT). With verified layouts and single line diagrams (SLDs) of 20 MW PVS plants, the losses and costs breakdown of different architectures are extracted and the PCS related LCOEs are derived. In this analysis, all electrical bill of materials (EBOS) elements, inverters, battery storage and its associated components, are included, whose losses and costs are obtained from markets, manufacturers, and literature. Besides, the sensitivities of PCS-related LCOEs to Inverter-Loading-Ratio (ILR) are also investigated. Here, the results show that compared with CI and SI with 1.5 kV PV, 4 kV MVSI and 34 kV MDCT present an extended LCOE reduction across all ILR from 1.0 to 3.0, making them economically favorable candidates for PVS farms.

14 SOLAR ENERGY↗
DOE OSTI2021

Photovoltaic (PV) System Levelized Cost of Energy (LCOE) Evaluation with Grid Support Function Valuation and Service Lifetime Estimation

Photovoltaic (PV) systems play a critical role in renewable energy resource grid integration, and levelized cost of energy (LCOE) is commonly used to evaluate PV system feasibility in modern power grids. In this work, a revised PV system LCOE calculation model is derived to quantify the potential of LCOE reduction. Particularly, the grid support functions are valuated to offset the investment and operation costs of PV systems, which thereby reduces the LCOE. Meanwhile, PV system service lifetime is also estimated with the derived PV inverter reliability model, considering the critical components (i.e., semiconductor devices and capacitors). The case studies with field datasets are conducted to validate the effectiveness of the developed LCOE calculation model.

Zhao, Shijia↗
DOE OSTI2019

MHK Levelized Cost of Energy (LCOE) Guidance and Techno-Economic Analysis Materials

Useful information and tools for calculating the Levelized Cost of Energy (LCOE) and MHK Cost Breakdown Structure. Includes a structure for calculating the capital expenditures and operating costs of a marine energy technology or device, reference resource data for both wave and tidal, and LCOE reporting guidance. These tools are meant to be used to help calculate the Levelized Cost of Energy (LCOE) for an MHK or MRE technology or device.

16 TIDAL AND WAVE POWER↗
DOE OSTI2020

Modular RivGen LCOE Content Model

The Modular RivGen LCOE Content Model contains estimates of levelized cost of energy (LCOE) for three array configurations operating in a theoretical river environment. The LCOE is distinguished by the CapEx, OpEx, and annual energy production and capture for each river environment.

16 TIDAL AND WAVE POWER↗
DOE OSTI2021

Thermally Conductive Backsheets (TCB) of PV Modules: Positive Impacts on Performance, Lifetime and LCOE

The operating temperatures of photovoltaic (PV) modules can be impacted by the selection of specific packaging materials, e.g., backsheets and encapsulants. This research focuses on the evaluation of operating temperature reduction of one-cell modules by comparing conventional Tedlar/polyester/Tedlar (TPT) backsheet with novel thermally conductive backsheets (TCBs) materials. A large number of one-cell modules with two TCB types (TCB_A and TCB_B) and baseline TPT type were fabricated and installed in three different climatic conditions of the hot-dry desert in Arizona (high and low wind speed locations) and North Carolina (temperate with low wind speed location). In this study, these two TCBs were compared with conventional TPT backsheet in terms of performance, lifetime and levelized cost of energy (LCOE). The field results were analyzed for thermal performance of TCBs compared to TPT at three sites for two and half years. This study concludes that the thermal and electrical performances of the PV modules can be improved by using TCB_A in hot and dry climate sites and TCB_B at temperate climate sites. Therefore, the lifetime of TCB-based modules is expected to be higher than TPT-based modules. Using backsheet-specific power degradation levels and assuming the same cost for both types of backsheets, the LCOE of modules using TCBs is estimated to be lower than that of TPT.

14 SOLAR ENERGY↗
DOE OSTI2021

Updates to the Instant Online PV LCOE Calculator Tool

Levelized cost of energy (LCOE) is an important metric for techno-economic analysis of PV modules, systems, and performance. An NREL team within DuraMAT has developed a simplified PV-specific LCOE calculator as an alternative to the NREL System Advisor Model (SAM) for applications that do not have the degree of detail required by SAM. This webinar will review recent data and new features that have been added to the simplified calculator this year, including breakeven buttons, commercial system options, and inverter loading ratios. It will also review the structure of the source code on GitHub, how to edit a local version of the calculator, and walk through some example use cases for the calculator.

calculator↗
DOE OSTI2023

Estimating the Value of Worker Training: A System Reliability & LCOE Perspective

This workshop presentation briefly describes the labor standards required for large photovoltaic (PV) systems (>1MWac) to receive the full investment tax credit from the Inflation Reduction Act. The potential for labor standards to affect aspects other than upfront installation costs (such as energy generation or maintenance expenses) is analyzed using levelized cost of energy (LCOE) calculations. This considers benefits which may come from better training for workers, more productive workers, or improved installation quality, using NREL's simplified PV-specific LCOE calculator at pvlcoe.nrel.gov.

ENERGY PLANNING, POLICY, AND ECONOMY,SOLAR ENERGY↗
DOE OSTI2022

LCOE reduction through proactively optimized monitoring of PV Systems (Final Technical Report)

The project demonstrates the value proposition for a high-resolution monitoring system (HRMS) with diagnostic-prognostic capability and determine its impact on LCOE. The HRMS differs from conventional monitoring systems in a number of ways. First it will include the capability to automatically measure IV curves at the string and module levels. This provides a much richer view into the DC performance of the PV system and allows classification of many typical failure and degradation modes. Second, it will incorporate software capable of quantifying power and energy losses in the field as well as define the location and mechanism of the power and energy loss. Moreover, we aimed to deliver a prognostic system that is capable of predicting certain failures before they occur and giving system operators the opportunity to more efficiently plan operations and maintenance (O&M) activity in order to lower costs and increase yield over the life of the system. The research identifies cost targets required for different monitoring stages, including at the string combiner, at the individual string, and at the module level, to lower the levelized cost of energy (LCOE). Finally, a comprehensive guide determines the value PV monitoring brings to PV field operations. The guide assists plant operators in maximizing value from existing plants and identify the trade-offs of different monitoring solutions for future plants depending on the size, location, and expected system lifetime.

14 SOLAR ENERGY↗
DOE OSTI2022

Improvement in PV Plant LCOE from Convection Heat Transfer Changes from Altered Plant Layout

Heat transfer modeling that accounts for how convective cooling changes with PV array layout has been found to improve system LCOE in certain climates conditions. Analysis of fixed tilt systems performed using the System Advisor Model reveals that reducing system ground coverage ratio from 0.46 to 0.35 can lead to as much as a 1.7% increase in module annual energy output in Phoenix. Depending on climate conditions, these energy increases due to changing convective cooling flow can lead to LCOE improvements for systems with increased row spacing despite the increased wiring and land costs associated with increased module row spacing. While the energy gain from decreasing system ground coverage ratio can be largely attributed to increased plane of array irradiance, the convection cooling considerations presented here can have a non-negligible impact on PV power plant energy output and economic viability depending on climate conditions and array spacing parameters.

heat transfer↗
DOE OSTI2020

Comparative PV LCOE Calculator (Comparative Photovoltaic Levelized Cost of Energy Calculator) [SWR-20-86]

The calculator calculates levelized cost of energy (LCOE) for photovoltaic (PV) systems based on cost, performance, and reliability inputs for a baseline and a proposed technology. The user can choose inputs and watch the effect on LCOE to determine whether a proposed technology is cost-effective, perform trade-off analysis among different technology options, and do break-even analysis of cost or performance.

Silverman, Timothy↗
DOE OSTI2022

Levelized Cost of Electricity (LCOE) Content Model for Design of High Deflection Foils for MHK Applications

The LCOE Content Model provides data submitters with an easy and consistent means of uploading data that can be used to calculate the levelized cost of energy for MHK devices. These data are important to DOE and will be used to develop data products that provide quantitative information to guide and support programmatic decisions. Data will also be used to evaluate MHK products and determine costs and can help data users compare the combination of capital costs and operations and maintenance over time. The ultimate goal is to use these data to perform research and tailor programs to best benefit the industry.

16 TIDAL AND WAVE POWER↗
DOE OSTI2022

CalWave - Open Water Demonstration - LCOE Content Model

Data for the CalWave - Open Water Demonstration, a submerged pressure differential Wave Energy Converter (WEC) Device. Device is moored to the seabed, and the motion of the waves causes the sea level to rise and fall above the device, inducing a pressure differential in the device. The alternating pressure pumps fluid through a system to generate electricity, which is transmitted to shore via bidirectional cables. Documentation and data here includes: Levelized Cost of Energy (LCOE) Content Model

16 TIDAL AND WAVE POWER↗
DOE OSTI2018

A New Model to Determine Installed System Cost and LCOE for ARPA-E's MOSAIC Micro-Concentrator PV Program: Preprint

The US Department of Energy's Advanced Research Projects Agency-Energy (ARPA-E) started a three-year program in December 2015 called Microscale Optimized Solar-cell Arrays with Integrated Concentration (MOSAIC). It consists of 11 teams from across the United States. Its goal is to have project teams leverage expertise from conventional flat-plate photovoltaic (PV) system configuration and concentrated photovoltaic (CPV) module technology to produce a new class of modules for residential, commercial, and utility-scale markets. The intent is to increase performance and facilitate cost-effective deployment of solar power systems across a wide range of geographical locations in part by concentrating both direct and diffuse components of the sun's irradiance. This paper describes a collaboration of ARPA-E and the National Renewable Energy Laboratory (NREL) to develop a bottom-up system cost model for MOSAIC research teams. The model includes an estimate of regional, all-in, CPV installed cost, and levelized cost of energy (LCOE) by using customized inputs parameters, such as module efficiency, cost, and physical dimensions. This techno-economic cost model can help researchers analyze tradeoffs among different design parameters and then prioritize their distinct research opportunities. Moreover, it establishes a standardized cost benchmarking for MOSAIC micro-CPV systems and a normalized comparison against traditional CPV and today's highly competitive flat-plate PV systems. The model is a valuable design tool within the program, helping validate the various technical approaches and compare future deployed system competitiveness versus incumbent technologies in the PV industry.

14 SOLAR ENERGY↗