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Cole, Wesley

Publications and source records attributed to Cole, Wesley.

33 records · Page 2
All sourcesNASA NTRSDOE OSTI
DOE OSTI2023

Cost Projections for Utility-Scale Battery Storage: 2023 Update

In this work we describe the development of cost and performance projections for utility-scale lithium-ion battery systems, with a focus on 4-hour duration systems. The projections are developed from an analysis of recent publications that include utility-scale storage costs. The suite of publications demonstrates wide variation in projected cost reductions for battery storage over time. We use the recent publications to create low, mid, and high cost projections. Projected storage costs are $245/kWh, $326/kWh, and $403/kWh in 2030 and $159/kWh, $226/kWh, and $348/kWh in 2050. Battery variable operations and maintenance costs, lifetimes, and efficiencies are also discussed, with recommended values selected based on the publications surveyed.

25 ENERGY STORAGE↗
DOE OSTI2023

2022 Standard Scenarios Report: A U.S. Electricity Sector Outlook

This report documents the eighth edition of the annual Standard Scenarios. It summarizes 70 forward-looking scenarios of the U.S. electricity sector that have been designed to capture a wide range of possible futures. In August 2022, the United States Congress passed the Inflation Reduction Act (IRA), a law aimed at accelerating U.S. decarbonization, clean energy manufacturing, and deployment of new power and end-use technologies. This year’s scenarios include representations of the main electricity-sector provisions from IRA and the potential impact on electricity demand. The Standard Scenarios are simulated using the Regional Energy Deployment System (ReEDS) model, which projects utility-scale electricity sector evolution for the contiguous United States using a system-wide, least-cost approach subject to policy and operational constraints. A subset of the scenarios are simulated in the PLEXOS production cost model to obtain a broader suite of metrics at the hourly resolution, which are made available through the National Renewable Energy Laboratory’s (NREL’s) annual Cambium data sets. The scenarios can be viewed and downloaded from NREL’s Scenario Viewer. Annual results are available for the full suite of scenarios in the Standard Scenarios projects in the viewer, whereas the Cambium projects contain hourly data for a subset of scenarios. The Standard Scenarios includes a scenario called the Mid-case, which has central or median values for core inputs such as technology costs and fuel prices, moderately paced demand growth averaging 1.3% per year, and electricity sector policies as they existed in September 2022 (including IRA). The remaining 69 scenarios are created by varying inputs such as technology and fuel prices, resource availability, demand growth, whether nascent generation technologies are allowed, and by introducing national decarbonization constraints.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗
DOE OSTI2023

Availability Estimates of Low-Cost, Dispatch-Constrained Electricity (LDE)

This dataset accompanies the report "Potential Availability of and Supply Curves for Low-Cost, Dispatch-Constrained Electricity", which provides initial estimates of the quantity and availability of the potential low-cost, dispatch-constrained electricity (LDE) resource in the United States under scenarios with high variable renewable energy (VRE) penetrations. The analysis also estimates supply curves that can be used in subsequent analysis of the opportunity to use the LDE. The estimated LDE resource could be used for various applications that value low-cost electricity and can operate at reduced capacity factors, including electrolytic hydrogen production and carbon capture. The analysis accompanying this dataset was performed in 2018-2019 to support an analysis of "The Technical and Economic Potential of the H2@Scale Concept within the United States" ( https://www.nlr.gov/docs/fy21osti/77610.pdf ). This dataset includes the quantity of estimated LDE resource for each hour of the year in 2050, aggregated to both the national level and the ReEDS balancing area level. As described in the accompanying report, the ReEDS model was used to project the evolution of the power sector over time. Links to the mapping of ReEDS balancing areas to states and ReEDS balancing area shape files are provided. This dataset also includes the report figure data.

08 HYDROGEN↗
DOE OSTI2023

Modeling nuclear energy’s future role in decarbonized energy systems

Increased attention has been focused on the potential role of nuclear energy in future electricity markets and energy systems as stakeholders target rapid and deep decarbonization and reductions in fossil fuel use. This paper examines models of electric sector planning and broader energy systems optimization to understand the prospective roles of nuclear energy and other technologies. In this perspective, we survey modeling challenges in this environment, illustrate opportunities to propagate best practices, and highlight insights from the deep decarbonization literature on the range of visions for nuclear energy's role. Nuclear energy deployment is highest with combinations of stringent emissions policies, nuclear cost reductions, and constraints on the deployment of other technologies, which underscores model dimensions related to these areas. New modeling capabilities are needed to adequately address emerging issues, including representing characteristics and applications of nuclear energy in systems models, and to ensure the relevance of models for policy and planning as deeper decarbonization is explored.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗
DOE OSTI2022

Examining Supply-Side Options to Achieve 100% Clean Electricity by 2035

The growing climate emergency requires a dramatic and rapid reduction of greenhouse gas emissions in the United States and internationally. This study evaluates a variety of 100% clean electricity system scenarios in 2035 that could put the United States on a path to economy-wide net-zero emissions by 2050, specifically focusing on technical requirements, challenges, and cost implications. The results highlight there are multiple approaches to cost-effectively achieve a net-zero carbon grid in 2035.

100% clean electricity↗
DOE OSTI2022

Nuclear Energy in Long-Term System Models: A Multi-Model Perspective

Long-term energy system models–including electric sector capacity expansion models–are widely used tools for informing planning, technology assessment, and policy analysis. Recent decarbonization goals and rapid technological change have increased the need to appropriately represent economic characteristics and technical details of energy system resources, including variable renewable energy, energy storage technologies, carbon-capture-equipped capacity, and nuclear energy. Nuclear power represents about 20% of electricity generation and 50% of carbon-free electricity in the United States as of 2021. However, there are many perspectives on the role of existing and new nuclear in the future U.S. energy system, which is reflected in the broad range of potential contributions reported in the literature. This project aims to understand how issues central to nuclear energy are represented in long-term energy models. Building on earlier collaborations that focused on variable renewable energy and energy storage, this project convenes four modeling teams that use national-scale long-term energy system models from the Electric Power Research Institute, the National Renewable Energy Laboratory, the U.S. Energy Information Administration, and the U.S. Environmental Protection Agency to share methods and data, update models, run coordinated scenarios, and identify research needs. Improving tools can provide more insightful analyses and ensure that methods are more transparent.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗
DOE OSTI2022

Storage Futures Study: Key Learnings for the Coming Decades

This report is the final in NREL's Storage Futures Study, a multiyear research project that explored the role and impact of energy storage in the evolution and operation of the U.S. power sector. The SFS examined the potential impact of energy storage technology advancement on the deployment of utility-scale storage and the adoption of distributed storage, and the implications for future power system infrastructure investment and operations. The research findings and supporting data were published across a series of six reports, culminating in this final, seventh publication that draws upon findings from across the study, previous work, and additional analysis to identify eight key learnings about the future of energy storage and its impact on the power system. The key learnings can help policymakers, technology developers, and grid operators prepare for the coming way of energy storage deployment.

25 ENERGY STORAGE↗
DOE OSTI2022

Long-run Marginal Emission Rates for Electricity - Workbooks for 2021 Cambium Data

These workbooks contain modeled estimates of long-run marginal emission rates (LRMER) for the contiguous United States. The LRMER is an estimate of the rate of emissions that would be either induced or avoided by a long-term (i.e., more than several years) change in electrical demand. It incorporates both the projected changes to the electric grid, as well as the potential for an incremental change in electrical demand to influence the structural evolution of the grid (i.e., the building and retiring of capital assets, such as generators and transmission lines). It is therefore distinct from the more-commonly-known short-run marginal, which treats grid assets as fixed. The Levelized LRMER worksheet within each workbook is set up to produce a levelized long-run marginal emission rate based on user-provided inputs. These levelized LRMER values are intended for analysts to use when estimating the emissions induced (or avoided) by a long-term change in end-use electricity demand. There are two workbooks that supply the data at two different geographic resolutions: states and GEA regions (20 regions that are similar to, but not exactly the same as, the US EPA's eGRID regions). For more data underlying these emissions factors, see the Cambium 2021 project at https://cambium.nrel.gov/. For more details on the inputs into the scenarios available in the workbooks, see the Standard Scenarios 2021 Report (https://www.nrel.gov/docs/fy22osti/80641.pdf). This data was produced as part of the Cambium project. For more details about the methodology, see the Cambium Documentation: Version 2021 (https://www.nrel.gov/docs/fy22osti/81611.pdf). This data is planned to be updated annually. Information on the latest versions can be found at https://www.nrel.gov/analysis/cambium.html.

24 POWER TRANSMISSION AND DISTRIBUTION↗
DOE OSTI2021

Cambium Documentation: Version 2021

Cambium is a tool that assembles structured data sets of simulated hourly emission, cost, and operational data for modeled futures of the U.S. electric sector with metrics designed to be useful for long-term decision-making. It was built to expand the metrics reported in the National Renewable Energy Laboratory's (NREL's) Standard Scenarios - an annually released set of projections of how the U.S. electric sector could evolve across a suite of different potential futures, looking forward through 2050 (Cole et al. 2021) Information about Cambium and related publications can be found at https://nrel.gov/analysis/cambium.html, and the Cambium data sets for the Standard Scenarios can be viewed and downloaded at https://cambium.nrel.gov/. In this documentation, we define the metrics reported in Cambium databases (Section 4) and document the Cambium-specific methods for calculating those metrics (Section 5). As this document is intended to cover multiple Cambium data releases, we do not document specific scenarios here - for individual data releases, readers should look for an accompanying report that describes the assumptions and data that underlie that specific release. For Cambium databases that are built on NREL's Standard Scenarios, for example, reports describing the scenarios can be found on the Standard Scenarios web site (https://www.nrel.gov/analysis/standard-scenarios.html).

24 POWER TRANSMISSION AND DISTRIBUTION↗
DOE OSTI2021

Operating Reserves in ReEDS

This presentation provides an overview of the formulation for operating reserves in the Regional Energy Deployment System (ReEDS), a capacity expansion model. It describes the three reserve products modeled in ReEDS--regulation, spinning (contingency), and flexibility--and highlights recent updates to the modeling approach, including modifications to how storage provides reserves, the constraints on commitment for generators that provide reserves, and the costs for thermal units to provide spinning reserve. The presentation benchmarks operating reserve provision in ReEDS against comparable simulations in PLEXOS, finding that the improved formulation is different but yields results that are holistically similar to those in production cost modeling. In this presentation we also investigate the impact of different reserve options in the model (e.g., allowing wind and solar to provide operating reserves) on the solution. The results thus far indicate that most switches related to operating reserves exert little influence on the outcome on the results. Future work will continue to explore operating reserves in capacity expansion models, particularly for models with different temporal resolution.

14 SOLAR ENERGY↗
DOE OSTI2021

Storage Futures Study: The Challenge of Defining Long-Duration Energy Storage

This document explores the definition of "long duration" as applied to energy storage. Given the growing use of this term, a uniform definition could aid in communication and consistency among various stakeholders. There is large and growing use of the ARPA-E definition of greater than 10 hours. However, the term "long-duration energy storage" is often used as shorthand for storage with sufficient duration to provide firm capacity and support grid resource adequacy. The actual duration needed for this application varies significantly from as little as a few hours to potentially multiple days. This leads to the unsatisfying conclusion that there cannot be a simple, uniform, and static definition of long duration storage that captures its ability to provide firm capacity and also aids consistent communication.

24 POWER TRANSMISSION AND DISTRIBUTION↗