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Micah S. Ziegler, Joshua M. Mueller, Gonçalo D

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Presentation on theme: "Micah S. Ziegler, Joshua M. Mueller, Gonçalo D"— Presentation transcript:

1 Storage Requirements and Costs of Shaping Renewable Energy Toward Grid Decarbonization 
Micah S. Ziegler, Joshua M. Mueller, Gonçalo D. Pereira, Juhyun Song, Marco Ferrara, Yet-Ming Chiang, Jessika E. Trancik  Joule  DOI: /j.joule Copyright © 2019 Elsevier Inc. Terms and Conditions

2 Joule DOI: ( /j.joule ) Copyright © 2019 Elsevier Inc. Terms and Conditions

3 Figure 1 Storage System Operation
Twenty-year average storage operation for cost-minimizing systems for all locations, grid roles, and resources. The black line shows the output shape to be met while the dotted lines show storage charge and discharge operation when paired with solar (red) or wind (blue) resources. Power from both renewable generation and storage discharge combine to meet the output shape. Figures S2–S9 show additional detail, including the distribution of hourly storage behavior over the twenty-year period. The results in this figure are for cost-minimizing systems with generation costs of $1,500/kW for wind and $1,000/kW for solar and storage costs of $1,000/kW for power capacity and $20/kWh for energy capacity. These systems have have an equivalent availability factor (EAF) of 100%, meaning that the output shape is met during 100% of the hours simulated. A similar plot for storage power and energy capacity costs of $700/kW and $150/kWh, respectively, is also available (Figure S1). Joule DOI: ( /j.joule ) Copyright © 2019 Elsevier Inc. Terms and Conditions

4 Figure 2 Electricity Cost Dependence on Wind-Solar Mix
Levelized cost of shaped electricity (LCOSE, $/kWh) for the four grid roles versus various combinations of wind and solar resources in Arizona, Iowa, Massachusetts, and Texas. Cost minima are marked with circles (∘). The percent solar in the wind-solar mix is defined based on the installed power capacity of wind and solar generation (see Experimental Procedures). The results in this figure are for cost-minimizing systems with generation costs of $1,500/kW for wind and $1,000/kW for solar and storage costs of $1,000/kW for power capacity and $20/kWh for energy capacity (Tech I). These systems have have an equivalent availability factor (EAF) of 100%. The results for Tech II ($700/kW, $150/kWh) are shown in Figure S10 while the impact of lowering the EAF to 99.9% is shown in Figures S11 (Tech I) and S12 (Tech II). Lowering the EAF to 99.9% in Texas causes a sizable change to the optimal wind-solar mix due to one large solar shortage event discussed in Experimental Procedures. Results for alternative generation costs are also available (Figures S56–S59). Joule DOI: ( /j.joule ) Copyright © 2019 Elsevier Inc. Terms and Conditions

5 Figure 3 Optimal Wind-Solar Mixes and Electricity Costs
Minimum levelized cost of shaped electricity (LCOSE, $/kWh) for the four grid roles (horizontal axis) and two different storage technologies (bar outline) in Arizona, Iowa, Massachusetts, and Texas. Bar color shading denotes the optimal resource mix as defined by the installed power capacities. To highlight the different sensitivities of the overall renewables and storage system cost to storage power and energy capacity costs, we selected two technologies with high/low cost combinations: Tech I (solid bar outline, $1,000/kW and $20/kWh) and Tech II (dotted bar outline, $700/kW and $150/kWh). Lower energy capacity costs yield lower LCOSE for all wind-solar mixes despite higher power capacity costs. The results in this figure are for cost-minimizing systems with generation costs of $1,500/kW for wind and $1,000/kW for solar and an equivalent availability factor (EAF) of 100%. Results for alternative generation costs are available in Figures S60 and S61. Joule DOI: ( /j.joule ) Copyright © 2019 Elsevier Inc. Terms and Conditions

6 Figure 4 Trends in Cost-Minimizing System Characteristics
Storage operation excerpts (A) and optimal sizing characteristics (B, C, and D) for a solar power plant that provides 1 MW of baseload power in Iowa. We optimize the solar power plant generation capacity (B), storage energy capacity (C), and storage power capacity (D), for three pairs of storage capacity costs (upper right). These different pairs of storage cost intensities were examined to demonstrate how minimizing LCOSE leads to different optimal combinations of renewable and storage system characteristics and operation. State-of-charge profiles (A) depict how storage operation changes for different storage sizes. As storage energy capacity costs increase, the solar power plant size increases (B), optimal storage duration decreases (C), and storage power capacity relative to output power increases (D). Solar cost of ownership is estimated as $1,000/kW for all three cases, and the EAF is 100%. Plots showing results in Texas, and when the EAF is lowered to 99.9%, are also available Figures S14–S16. Joule DOI: ( /j.joule ) Copyright © 2019 Elsevier Inc. Terms and Conditions

7 Figure 5 Storage State-of-Charge Profiles for Iowa-Based Baseload Systems Storage state of charge (SOC) over twenty years for least-cost systems that provide baseload power using Tech I energy storage and only solar (A), only wind (B) and a cost-minimizing wind-solar mix (C) in Iowa. Storage SOC is the percentage of storage energy capacity available for discharge and can be used as a proxy for resource availability. Markers denote severe solar (•), wind (◆), and optimal wind-solar mix (►) resource shortages. These systems minimize LCOSE with generation costs of $1,500/kW for wind and $1,000/kW for solar and an EAF of 100%. Additional profiles are available in Figures S17–S28. Joule DOI: ( /j.joule ) Copyright © 2019 Elsevier Inc. Terms and Conditions

8 Figure 6 Electricity Cost Dependence on Equivalent Availability Factor for Tech I Levelized cost of shaped electricity (LCOSE, $/kWh) plotted against equivalent availability factor (EAF) for baseload and peaker roles using only wind (A, D), only solar (B, E), or an optimal wind-solar mix (C, F) across four locations and Tech I energy storage. Reducing EAF lowers system LCOSE. LCOSE data for Tech I are shown in Table S1. Corresponding system characteristics such as storage power, storage duration, storage size, and installed renewable power are shown in Figures S29–S36 and the data are presented in Tables S3–S10. For solar-only systems in Texas, lowering the EAF from 100% to 99.9% has a large impact on LCOSE due to a solar shortage event described in Experimental Procedures. Joule DOI: ( /j.joule ) Copyright © 2019 Elsevier Inc. Terms and Conditions

9 Figure 7 Electricity Cost Dependence on Equivalent Availability Factor for Tech II Levelized cost of shaped electricity (LCOSE, $/kWh) plotted against equivalent availability factor (EAF) for baseload and peaker roles using only wind (A, D), only solar (B, E), or an optimal wind-solar mix (C, F) across four locations and Tech II energy storage. Reducing EAF lowers system LCOSE. LCOSE data for Tech II are shown in Table S2. Corresponding system characteristics such as storage power, storage duration, storage size, and installed renewable power are shown in Figures S29–S36 and the data are presented in Tables S3–S10. For solar-only systems in Texas, lowering the EAF from 100% to 99.9% has a large impact on LCOSE due to a solar shortage event described in Experimental Procedures. Joule DOI: ( /j.joule ) Copyright © 2019 Elsevier Inc. Terms and Conditions

10 Figure 8 Electricity Cost Versus Storage Power and Energy Capacity Costs for Wind-Only Systems Levelized cost of shaped electricity (LCOSE, $/kWh) for a wind and storage power plant producing baseload, intermediate and peak (bipeaker and peaker) power (columns left to right) for twenty years considering a range of storage energy and power capacity costs for Arizona, Iowa, Massachusetts, and Texas (rows top to bottom). Total cost of ownership for wind is estimated as $1,500/kW, and round-trip efficiency of storage is 75%. Lines are shown for LCOSE increments of $0.04/kWh. Steeper iso-LCOSE lines mean that lowering the storage energy capacity cost is more effective at reducing the LCOSE than lowering the storage power capacity cost, due to a greater storage duration requirement for the use cases studied. Results are presented for an EAF of 100%. For other technologies, the estimated LCOEs for plants entering service in 2022 are shown as brackets on the color axis.27 Joule DOI: ( /j.joule ) Copyright © 2019 Elsevier Inc. Terms and Conditions

11 Figure 9 Electricity Cost Versus Storage Power and Energy Capacity Costs for Solar-Only Systems Levelized cost of shaped electricity (LCOSE, $/kWh) for a solar and storage power plant producing baseload, intermediate and peak (bipeaker and peaker) power (columns left to right) for twenty years considering a range of storage energy and power capacity costs for Arizona, Iowa, Massachusetts, and Texas (rows top to bottom). Total cost of ownership for solar is estimated as $1,000/kW, and round-trip efficiency of storage is 75%. Lines are shown for LCOSE increments of $0.04/kWh. Results are presented for an EAF of 100%. For other technologies, the estimated LCOEs for plants entering service in 2022 are shown as brackets on the color axis.27 Joule DOI: ( /j.joule ) Copyright © 2019 Elsevier Inc. Terms and Conditions

12 Figure 10 Electricity Cost Versus Storage Power and Energy Capacity Costs for Optimal Resource Mix Systems Levelized cost of shaped electricity (LCOSE, $/kWh) for a LCOSE-minimizing wind-solar mix and storage power plant producing baseload, intermediate and peak (bipeaker and peaker) power (columns left to right) for twenty years considering a range of storage energy and power capacity costs for Arizona, Iowa, Massachusetts, and Texas (rows top to bottom). The optimal wind-solar mix is chosen to minimize the LCOSE for each storage cost combination. Total cost of ownership for solar is estimated as $1,000/kW while for wind is $1,500/kW, and round-trip efficiency of storage is 75%. Results are presented for an EAF of 100%. For other technologies, the estimated LCOEs for plants entering service in 2022 are shown as brackets on the color axis.27 In the Supplemental Information (SI) we present the optimal wind-solar mixes for each cost combination (Figure S55). Joule DOI: ( /j.joule ) Copyright © 2019 Elsevier Inc. Terms and Conditions

13 Figure 11 Modeled Output Shapes
Output shapes representing simplified baseload, intermediate, peaker, and bipeaker power plants were considered in the analysis. Combinations of these outputs could be used to match typical load profiles. Joule DOI: ( /j.joule ) Copyright © 2019 Elsevier Inc. Terms and Conditions


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