198 Search Results

The primary elements of this analysis include: Estimated LCOE for (1) a representative land-based wind energy project installed in a moderate wind resource in the United States, (2) a representative fixed-bottom offshore wind energy project installed in the U.S. North Atlantic, and (3) a representative floating offshore wind energy project installed off the U.S. Pacific Coast. It also updates the LCOE estimates for representative residential-, commercial-, and large-scale distributed wind projects installed in a moderate wind resource in the United States. A sensitivity analyses is included that shows the range of effects that basic LCOE variables could have on the cost of wind energy for land-based and offshore wind projects and provides updated Fiscal Year 2024 values for land-based and offshore wind energy used for Government Performance and Results Act (GPRA) reporting and illustrated progress toward established GPRA targets.

Overview of the SIPs on PV Repowering Project funded by SETO titled "Quantifying the Impact of PV System Repowering and Module Reuse on PV Project Economics, Sustainability, & Equity".

Berkeley Labs "Utility-Scale Solar", 2024 Edition presents analysis of empirical plant-level data from the U.S. fleet of ground-mounted photovoltaic (PV), PV+battery, and concentrating solar-thermal power (CSP) plants with capacities exceeding 5 MWAC. While focused on key developments in 2023, this report explores trends in deployment, technology, capital and operating costs, capacity factors, the levelized cost of solar energy (LCOE), power purchase agreement (PPA) prices, wholesale market value, net value, and interconnection queue data.

This study presents estimates of the levelized cost of energy (LCOE) of offshore wind energy throughout major U.S. coastal regions between a time frame of 2025 - 2050. The LCOE modeling accounts for impacts of supply chain shocks, inflation, and rising interest rates on cost. Given the near-term uncertainty in these factors, we present three possible scenarios driven by how uncertainty in costs, technology, and deployment may evolve over time. The cost increases reported by industry in recent years will likely be felt over next several years, but we expect long-term cost reductions enabled by growing offshore wind deployment and industry learning. This study helps inform decision-makers about the potential role that offshore wind energy can play in future clean energy strategies.

Consistent cost and performance data for various electricity generation technologies can be difficult to find and may change frequently for certain technologies. With the Annual Technology Baseline (ATB), the National Renewable Energy Laboratory annually provides an organized and centralized set of such cost and performance data. The ATB uses the best information from the Department of Energy national laboratories' energy analysts. The ATB has been reviewed by experts and it includes the following electricity generation and storage technologies: land-based wind, offshore wind, distributed wind, utility-scale solar photovoltaics (PV), commercial-scale solar PV, residential-scale solar PV, concentrating solar power, geothermal power, hydropower, utility-scale battery storage, commercial battery storage, residential battery storage, pumped storage hydropower, nuclear, coal, and natural gas. EIA data for conventional biopower are included for reference. This webinar presentation introduces the 2024 update to the ATB Electricity data and documentation.

These data provide the 2024 update of the Electricity Annual Technology Baseline (ATB). Starting in 2015 NREL has presented the ATB, consisting of detailed cost and performance data, both current and projected, for electricity generation and storage technologies. The ATB products now include data (Excel workbook, Tableau workbooks, and structured summary csv files), as well as documentation and user engagement via a website, presentation, and webinar. Starting in 2021, the data are cloud optimized and provided in the OEDI data lake. The data for 2015 - 2020 are can be found on the NREL Data Search Page. The website documentation can be found on the ATB Website.

CalWave has developed a submerged pressure differential type Wave Energy Converter (WEC) architecture called xWave. The single body device oscillates submerged, is positively buoyant, and taut moored to the sea floor and integrates novel features such as absorber submergence depth control. Since participation in the US Wave Energy Prize, CalWave has evolved the design and successfully concluded a scaled 10-month open ocean pilot. CalWave recently concluded the final design phase of a scaled up WEC version for PacWave and started component order/build of the WEC towards the grid-connected demonstration at PacWave. Documentation and data here includes: a system certification plan, a risk registry in the form of an FMECA (Failure Mode, Effects, and Criticality Analysis) table, an updated LCOE content model, a report on performance metrics, and a risk management plan.

As part of the Innovative Deep-Water Mooring Systems for Floating Wind Farms (DeepFarm) R&D project, led by Principle Power Inc., the National Renewable Energy Laboratory (NREL) performed an LCOE analysis to compare the changes in LCOE between floating wind farms with individual anchors versus shared anchors. This report presents a comparative analysis of the LCOE of two different wind farms with different mooring systems: one with taut mooring lines each connected to individual suction pile anchors, and one with taut mooring lines connected to shared anchors. A brief description of the methodology employed to conduct the LCOE comparison is given, including the underlying assumptions. Then, results are presented with a compilation of key findings.

This presentation describes preventative and corrective maintenance costs associated with PV connectors, downtime resulting from failed connectors, and impact of connectors on LCOE. The presentation described the NREL portion of a project also involving portions by Sandia NL and EPRI which will be presented separately.

Closed-loop geothermal systems (CLGSs) rely on circulation of a heat transfer fluid in a closed-loop design without penetrating the reservoir to extract subsurface heat and bring it to the surface. We developed and applied numerical models to study u-shaped and coaxial CLGSs in hot-dry-rock over a more comprehensive parameter space than has been studied before, including water and supercritical CO₂ (sCO₂) as working fluids. An economic analysis of each realization was performed to evaluate the levelized cost of heat (LCOH) for direct heating application and levelized cost of electricity (LCOE) for electrical power generation. The results of the parameter study, composed of 2.5 million simulations, combined with a plant and economic model comprise the backbone of a publicly accessible web application that can be used to query, analyze, and plot outlet states, thermal and mechanical power output, and LCOH/LCOE, thereby facilitating feasibility studies led by potential developers, geothermal scientists, or the general public (https://gdr.openei.org/submissions/1473). Our results indicate competitive LCOH can be achieved; however, competitive LCOE cannot be achieved without significant reductions in drilling costs. We also present a site-based case study for multi-lateral systems and discuss how our comprehensive single-lateral analyses can be applied to approximate multi-lateral CLGSs. Looking beyond hot-dry-rock, we detail CLGS studies in permeable wet rock, albeit for a more limited parameter space, indicating that reservoir permeability of greater than 250 mD is necessary to significantly improve CLGS power production, and that reservoir temperatures greater than 200°C, achieved by going to greater depths (~3–4 km), may significantly enhance power production.