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Results for “levelized cost of energy”

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 343 records · Page 19
All sourcesNASA NTRSDOE OSTI
NASA NTRS1983

Solar thermal technologies - Potential benefits to U.S. utilities and industry

Solar energy systems were investigated which complement nuclear and coal technologies as a means of reducing the U.S. dependence on imported petroleum. Solar Thermal Energy Systems (STES) represents an important category of solar energy technologies. STES can be utilized in a broad range of applications servicing a variety of economic sectors, and they can be deployed in both near-term and long-term markets. The net present value of the energy cost savings attributable to electric utility and IPH applications of STES were estimated for a variety of future energy cost scenarios and levels of R&D success. This analysis indicated that the expected net benefits of developing an STES option are significantly greater than the expected costs of completing the required R&D. In addition, transportable fuels and chemical feedstocks represent a substantial future potential market for STES. Due to the basic nature of this R&D activity, however, it is currently impossible to estimate the value of STES in these markets. Despite this fact, private investment in STES R&D is not anticipated due to the high level of uncertainty characterizing the expected payoffs. Previously announced in STAR as N83-10547

Terasawa, K. L.↗
DOE OSTI2023

Optimizing Phase Change Composite Thermal Energy Storage Using the Thermal Ragone Framework

The thermal Ragone framework can be applied to the design of thermal energy storage heat exchangers to identifying relationships between their power requirements and energy capabilities. This presentation focuses on the design of planar thermal energy storage heat exchangers with phase change materials and thermal conductivity additives. Finite-difference models were used to optimize thermal storage heat exchanger designs focusing on key design parameters of conductivity additive volume fraction, spacing between tubes, and the phase transition temperatures. Design trends were developed for optimal designs based on varying thermal power requirements. To aid in future device design, models of reduced complexity were developed with the ability to predict optimal designs with computational speeds up to 5,000 times faster than finite-difference models.

ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION,↗
DOE OSTI2023

Optimal Dispatch for the US Virgin Islands to Increase Renewable Rates in Saint Croix

The US Virgin Islands, like many other small island nations, face significant challenges related to its energy supply. Their dependency on imported fossil fuels not only drives up energy costs, but also contributes to different environmental problems. Nevertheless, their generally sunny and windy climate makes this archipelago an ideal location for renewable energy development. Increasing the use of sources such as wind, and solar can help reduce their energy dependency, lower their levelized cost of electricity, and improve the health and wellbeing of local communities. In this paper, an optimal dispatcher is employed to analyze the implications on energy security of employing different technology options according to the plans of the local system operator. In this context, short term stability is ensured by inserting operational constraints in the energy management system based on stability analysis developed in PSCAD. The results highlight the usefulness of integrating PV and battery system, while further analysis are required to justify integrating wind power.

energy islands↗
DOE OSTI2020

Automated Control of Transactive HVACs in Energy Distribution Systems

Heating, Ventilation, and Air Conditioning (HVAC) systems contribute significantly to a building’s energy consumption. In the recent years, there is an increased interest in developing transactive approaches which could enable automated and flexible scheduling of HVAC systems based on the customer demand and the electricity prices decided by the suppliers. Flexible and automated scheduling of the HVAC systems make it a prime source for participation in residential demand response or transactive energy systems. Therefore, it is of significant interest to identify an optimal strategy to control the HVAC systems. Here, reducing the energy cost while keeping the comfort level acceptable to the users, we argue that such a control strategy should consider both the energy cost and user comfort simultaneously. Accordingly, we develop the control strategy through the solution of an optimization problem that balances between the energy cost and consumer’s dissatisfaction. This optimization enables us to solve a decision-making problem through first price prediction and then choosing HVAC temperature settings throughout the day based on the predicted price, history of the price and HVAC settings, and outside temperature. More specifically, we formulate the control design as a Markov decision process (MDP) using deep neural networks and use Deep Deterministic Policy Gradients (DDPG)-based deep reinforcement learning algorithm to find the optimal control strategy for HVAC systems that balances between electricity cost and user comfort.

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATI↗
DOE OSTI2020

Minnesota Solar Pathways: Illuminating Pathways to 10% Solar (Final Technical Report)

The Minnesota Solar Pathways project, funded in part by the Department of Energy’s Solar Energy Technologies Office, was a three-year project designed to explore least-risk, best-value strategies for meeting the State of Minnesota’s solar goals. As part of this aim, the Pathways Team modeled renewable generation costs, examined ways to streamline interconnection, and evaluated technologies that can increase solar hosting capacity on the distribution grid. Midway through the project period, the Pathways Team expanded the scope of study using the same modeling framework from the Minnesota Solar Potential Analysis to estimate and compare generation costs for high renewables penetration scenarios across the Midcontinent Independent System Operator (MISO) region. The analysis concludes that it can be cheaper to overbuild solar + wind and curtail surplus than to store all generation. In addition, the analysis of individual MISO subregions compared with the whole region highlights the opportunities of enabling market potential compared with impact of ongoing transmission constraints. Beyond the analysis of future scenarios, the partnerships initiated and supported through this project underscored the ongoing need for work with stakeholders to address key issues, particularly around siting, and leverage symbiotic strategies to meet state goals.

14 SOLAR ENERGY↗
DOE OSTI2023

Techno-Economic Analysis of a Nuclear Reactor System coupled with a Liquid Metal Battery

There is a need for nuclear reactor systems to become more dynamic as defossilization and renewable energy sources continue to reshape the energy grid. One option to meet these changing demands is to pair the reactor with an energy storage system. This work details a technoeconomic analysis and sensitivity analysis of a high temperature gas cooled microreactor, supercritical carbon dioxide power cycle, and liquid metal battery. Dynamic modeling has shown that these three systems compliment each other to provide load following and black-start capabilities to the grid. Current cost estimates for installing the systems yield a competitive levelized cost of electricity and levelized cost of storage, indicating that such a combined system may be economically viable as technological advances lead to them being technically feasible.

25 ENERGY STORAGE↗
DOE OSTI2025

Synergies and trade-offs between storage, transmission, and sector coupling in high renewable energy systems

Energy storage, transmission, and sector coupling are some prominent flexibility solutions to support variable renewable energy (VRE) integration. However, investment cost uncertainties and public acceptance could hamper the deployment of these flexibility solutions. This raises questions about the development and cost-effectiveness of future energy systems, especially on how the dependence on local and cross-border solutions of flexibility would evolve if the uptake of these solutions is restricted. In this context, this paper identifies the synergies among flexibility options under restrictions on transmission expansion or increased costs of energy storage. It contributes to determining whether investments in energy storage and/or transmission expansion offer the least-cost transition and investigates the impact of sector coupling on these solutions. A long-term energy system planning and optimisation model towards 2050 is developed using the open-source energy system optimisation tool Balmorel, and a case study of the countries surrounding the Baltic Sea and the North Sea is established. Five cases with restrictions imposed on transmission expansion and higher energy storage technology costs are analysed at different levels of sector coupling. The results highlight the importance of transmission expansion at all levels of sector coupling. As the level of sector coupling increases, uncertainties around the cost of energy storage drive the least-cost pathways. Optimal investment solutions are found to have a mix of transmission and energy storage in capacity expansion at all levels of sector coupling.

24 POWER TRANSMISSION AND DISTRIBUTION↗
DOE OSTI2022

Reliability-Informed Economic and Energy Evaluation for Bi-Level Design for Remanufacturing: A Case Study of Transmission and Hydraulic Manifold

Abstract Design for remanufacturing (DfRem) is one attractive strategy that encourages the reuse of a product and extends the product's life cycle. Traditional design processes often only consider product reliability at an early design stage. However, from the perspective of environmental sustainability, it is becoming increasingly important to evaluate the long-term economic and environmental impacts of design decisions during early-stage design. We propose a bi-level DfRem framework consisting of system-level reusability allocation and component-level design tradeoff analysis, considering reliability and product warranty policy. First, a system-level reusability allocation problem aims at a theoretical exploration of the design space where all the components comprising the system are allocated certain reuse rates to achieve target energy savings with minimum cost. Following the theoretical exploration at the system level, a component-level analysis looks at practical design options for each component and trades-off between the overall cost and energy consumption for multiple remanufacturing cycles. Both levels of the framework require modeling component reuse for multiple remanufacturing cycles, which we achieve by using a branched power-law model that provides probabilistic scenarios of reusing the component or replacing it with a new part. We demonstrate the utility of this framework with the case study of an infinitely variable transmission (IVT) used by some agricultural machines manufactured by John Deere and show snapshots of a prototype software tool that we developed for easy use by designers.

Engineering↗
DOE OSTI2023

Direct Air Capture of Carbon Dioxide Using Nickel Hydroxide Batteries in a Membrane Electrode Assembly

Direct air capture (DAC) is a growing field responding to the need to remove carbon dioxide from the atmosphere. Several technologies are being developed today attempting to meet this need. The technology furthest in development are temperature swing adsorption technologies which have recently moved out of the pilot plant scale.1 This presentation looks to present an electrochemical device as alternative to these technologies. The electrochemical device proposed is a pair of nickel hydroxide (Ni(OH)2) battery electrodes which produce hydroxide (OH-). The hydroxide reacts with carbon dioxide (CO2) to create carbonate (CO32-) and bicarbonate (HCO3-). These carbonates can be transported from the cathode across an anion exchange membrane to the anode where they are evolved back into CO2 due to a pH reduction at the anode. This builds on work that optimized a Hydroxide Exchange Membrane Fuel Cell (HEMFC) for CO2 capture, showing the efficacy of an electrochemically mediated pH swing carbon capture device.2,3 The benefit of the nickel hydroxide battery approach is the low energy cost associated with separation. Because a pair of nickel hydroxide batteries undergo the same electrochemical reaction, low potentials, and thus low energy cost is required. Experiments have shown device level energy requirements of less than 1 MWh ton-1CO2. Most of the energy required by the device produces the pH gradient used to capture and release CO2. The biggest hurdle for this electrochemical approach is increasing the flux of CO2 to allow for more compact devices. Strategies for managing the transient charge and discharge behavior of the battery system will be discussed. Focus will be on improving flux to reduce the overall cost of the device.

Buchen, James↗
DOE OSTI2023

BEopt™ (Building Energy Optimization Tool) version 3.0.1 3/16/2023 [SWR-05-41]

The BEopt™ (Building Energy Optimization Tool) software provides capabilities to evaluate residential building designs and identify cost-optimal efficiency packages at various levels of whole-house energy savings along the path to zero net energy. The BEopt software can be used to analyze both new construction and existing home retrofits, as well as single-family detached and multi-family buildings, through evaluation of single building designs, parametric sweeps, and cost-based optimizations. The BEopt software provides detailed simulation-based analysis based on specific house characteristics, such as size, architecture, occupancy, vintage, location, and utility rates. Discrete envelope and equipment options, reflecting realistic construction materials and practices, are evaluated. The BEopt software uses EnergyPlus®, the Department of Energy's flagship simulation engine. Simulation assumptions are based on ANSI/RESNET/ICC Standards and the Building America Housing Simulation Protocols. The sequential search optimization technique used by the BEopt software: Finds minimum-cost building designs at different target energy-savings levels Identifies multiple near-optimal designs along the path, allowing for equivalent solutions based on builder or contractor preference. Download A BEopt™ Version 3.0.1 Beta release (Mar. 16, 2023) is now available. Download the BEopt 3.0.1 Beta setup file.

Christensen, Craig↗
DOE OSTI2021

Cost Assessment of Future Tandem Perovskite-Silicon Modules and LCOE Comparison to Silicon Technologies in Europe

Tandem perovskite-silicon (TPS) photovoltaic (PV) technology is a promising pathway for achieving higher efficiencies than those of single-junction crystal-silicon (c-Si) technologies. In this work, a techno-economic assessment of a TPS module is performed considering a viable large-scale manufacturing process for two future scenarios in 2025 and 2030 which allowed us to identify the main cost drivers of the tandem module cost. Furthermore, to analyse the performance of tandem module-based utility-scale PV systems and understand their competitiveness in Europe, the levelized cost of electricity was compared to passivated emitter and rear cell as well as silicon heterojunction based PV systems. The aim of this work is to provide a cost and performance guidance for TPS modules which could contribute to future PV energy systems.

ENERGY PLANNING, POLICY, AND ECONOMY,SOLAR ENERGY↗
DOE OSTI2020

Tools Assessing Performance

For the distributed wind industry, it can be challenging to accurately predict the performance and annual energy production of projects prior to their installation. The U.S. Department of Energy’s Tools Assessing Performance (TAP) project aims to improve wind resource characterization, thereby reducing the uncertainty of project performance and financing costs, increasing consumer confidence, and lowering the levelized cost of distributed wind energy. A collaborative effort among DOE National Laboratories, TAP will create a computational framework that provides the distributed wind community with access to newly developed wind resource data and modeling capabilities. These capabilities will allow users to perform timely and accurate performance assessments for distributed wind projects at locations across the United States.

wind, distributed, tools, performance↗
DOE OSTI2020

2020 Annual Technology Baseline (ATB) Cost and Performance Data for Electricity Generation Technologies

Starting in 2015 NREL has presented the Annual Technology Baseline (ATB) in an Excel workbook that contains detailed cost and performance data, both current and projected, for renewable and conventional technologies. The workbook includes a spreadsheet for each technology. This updated version of the workbook provides data for the 2020 ATB. In 2019 and 2020, NREL has also provided selected data in Tableau workbooks and structured summary csv files. A website documents this data at https://atb.nlr.gov .

02 PETROLEUM↗
DOE OSTI2023

Techno-economic analysis of the water, energy, and greenhouse gas emissions impacts from the adoption of water efficiency practices in the U.S. manufacturing sector

Water is a critical resource for all of manufacturing. As such, mitigating risks to the supply of water to manufacturing plants facilitates maintaining a vital manufacturing sector. Reductions in water use through water efficiency is one method for mitigating risk, however little is known about its potential in the United States (U.S.) manufacturing sector. Herein, we address this gap and calculate the water reduction potential in U.S. manufacturing from commercially available water efficiency opportunities specific to the manufacturing sector. A list of water efficiency measures specific to the manufacturing sector is compiled and applied to estimates of U.S. manufacturing water withdrawals. The energy and carbon dioxide equivalent (CO 2 e) emission impacts from implementation of these measures are also quantified to better inform the resource, environmental, and economic trade-offs from implementation of these measures. We find that the water savings potential from the evaluated measures is up to 60 percent of U.S. manufacturing water withdrawal for certain subsectors, with the energy and emissions impact dependent on the measure. Further, we calculate the levelized cost of conserved water for several water efficiency measures (-$\$4,000$ to $\$85$/thousand m 3 , where negative values indicate net cost savings and positive values indicate net cost expenditures) and compare them to the levelized cost of alternative water sources ($\$600$ to $\$3,400$/thousand m 3 ). The results show significant opportunities for water and energy use reductions at levelized costs at least one order of magnitude lower than alternative water supplies, with some being revenue-generating.

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATI↗
DOE OSTI2020

Assessing geothermal/solar hybridization – Integrating a solar thermal topping cycle into a geothermal bottoming cycle with energy storage

Geothermal and concentrating solar power (CSP) technologies typically use heat at different temperatures in their commercial deployments. This enables a technically viable hybridization of a solar topping cycle and a geothermal bottoming cycle at locations where both resources are available. In this article, an underperforming geothermal power system based at Burley, Idaho is used as a baseline to investigate the technical and economic potential of such a hybrid cycle. A direct thermal energy storage (TES) system is also integrated to overcome the intermittency of the solar resource. Design and off-design behavior of key components are modelled to simulate the annual performance of the hybrid system on an hourly basis. The sizing of the solar field and thermal storage is investigated and is seen to significantly impact the annual electricity generation and efficiency. Various cost scenarios for the solar field and thermal energy storage are investigated. An economic metric - levelized cost of electricity (LCOE) - is used to optimize the solar field sizing and TES capacity. The hybrid plant converts the additional solar heat input into additional work with an efficiency of 32.9%. Retrofitting a geothermal plant with solar and eight hours of energy storage can achieve an LCOE of 0.136 $/kWhe in current cost scenarios and 0.081 $/kWhe in a future cost reduction scenario. Although the hybrid system cannot directly compete with current PV systems without batteries, it has an LCOE 32% lower than that of a PV-battery system. This paper provides insights into the research and development of the future grid with a high renewable energy penetration and encourages further study of energy hybridization for improved efficiencies and economics.

15 GEOTHERMAL ENERGY↗
DOE OSTI2022

Zero Liquid Discharge and Water Reuse in Recirculating Cooling Towers at Power Facilities: Review and Case Study Analysis

Zero liquid discharge (ZLD) systems installed at power facilities with the primary purpose of meeting water discharge regulations have the added benefit of providing high quality effluent that can be reused in the facility. This paper provides a review of water use in power sector recirculating cooling towers and a baseline assessment of on-site water reuse at natural gas combined cycle (NGCC) power facilities. Two NGCC facilities with reverse-osmosis (RO) or brine-concentrator processes followed by evaporation ponds were selected as case studies; data from these facilities were used to quantify the water, energy, and cost implications of implementing conventional and emerging ZLD technologies. At one case study facility, model results show that implementation of ZLD would reduce water withdrawals by 18%, which is less than savings associated with implementation of dry cooling but comparable to current efforts to reduce water withdrawals by increasing cycles of concentration. Implementation of ZLD using high-recovery RO resulted in a doubling of the levelized cost of water (LCOW). LCOW increased more when a brine concentrator was used. For both case studies, the ZLD system using high-recovery RO required less than 0.1% of a facilitiy's annual electricity generation and the ZLD system using a brine concentrator process required less than 0.8%. Additionally, increasing the evaporation pond area to minimize required ZLD system recovery rates and reduce system electricity costs does not reduce the LCOW. Instead, the LCOW increases because less water is recovered and more water is lost to evaporation. Furthermore, if water availability decreases or water competition/cost increases, facilities may be incentivized to maximize water recovery from ZLD systems.

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATI↗