Estimating Renewable Energy Economic Potential in the United States

Estimating Renewable Energy Economic Potential in the United States PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 154

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Book Description
The report describes a geospatial analysis method to estimate the economic potential of several renewable resources available for electricity generation in the United States. Economic potential, one measure of renewable generation potential, is defined in this report as the subset of the available resource technical potential where the cost required to generate the electricity (which determines the minimum revenue requirements for development of the resource) is below the revenue available in terms of displaced energy and displaced capacity.

Estimating Renewable Energy Economic Potential in the United States

Estimating Renewable Energy Economic Potential in the United States PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 154

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Book Description
The report describes a geospatial analysis method to estimate the economic potential of several renewable resources available for electricity generation in the United States. Economic potential, one measure of renewable generation potential, is defined in this report as the subset of the available resource technical potential where the cost required to generate the electricity (which determines the minimum revenue requirements for development of the resource) is below the revenue available in terms of displaced energy and displaced capacity.

Estimating Renewable Energy Economic Potential in the United States

Estimating Renewable Energy Economic Potential in the United States PDF Author:
Publisher:
ISBN:
Category : Electric power production
Languages : en
Pages : 127

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Book Description
"This report describes a geospatial analysis method to estimate the economic potential of several renewable resources available for electricity generation in the United States. Economic potential, one measure of renewable generation potential, may be defined in several ways. For example, one definition might be expected revenues (based on local market prices) minus generation costs, considered over the expected lifetime of the generation asset. Another definition might be generation costs relative to a benchmark (e.g., a natural gas combined cycle plant) using assumptions of fuel prices, capital cost, and plant efficiency. Economic potential in this report is defined as the subset of the available resource technical potential where the cost required to generate the electricity (which determines the minimum revenue requirements for development of the resource) is below the revenue available in terms of displaced energy and displaced capacity. The assessment is conducted at a high geospatial resolution (more than 150,000 technology-specific sites in the continental United States) to capture the significant variation in local resource, costs, and revenue potential. This metric can be a useful screening factor for understanding the economic viability of renewable generation technologies at a specific location. In contrast to many common estimates of renewable energy potential, economic potential does not consider market dynamics, customer demand, or most policy drivers that may incent renewable energy generation"--Page ii.

Estimating the Economic Potential of Offshore Wind in the United States

Estimating the Economic Potential of Offshore Wind in the United States PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
The potential for cost reduction and market deployment for offshore wind varies considerably within the United States. This analysis estimates the future economic viability of offshore wind at more than 7,000 sites under a variety of electric sector and cost reduction scenarios. Identifying the economic potential of offshore wind at a high geospatial resolution can capture the significant variation in local offshore resource quality, costs, and revenue potential. In estimating economic potential, this article applies a method initially developed in Brown et al. (2015) to offshore wind and estimates the sensitivity of results under a variety of most likely electric sector scenarios. For the purposes of this analysis, a theoretical framework is developed introducing a novel offshore resource classification system that is analogous to established resource classifications from the oil and gas sector. Analyzing economic potential within this framework can help establish a refined understanding across industries of the technology and site-specific risks and opportunities associated with future offshore wind development. The results of this analysis are intended to inform the development of the U.S. Department of Energy's offshore wind strategy.

Estimating the Economic Potential of Offshore Wind in the United States

Estimating the Economic Potential of Offshore Wind in the United States PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
The potential for cost reduction and market deployment for offshore wind varies considerably within the United States. This analysis estimates the future economic viability of offshore wind at more than 7,000 sites under a variety of electric sector and cost reduction scenarios. Identifying the economic potential of offshore wind at a high geospatial resolution can capture the significant variation in local offshore resource quality, costs, and revenue potential. In estimating economic potential, this article applies a method initially developed in Brown et al. (2015) to offshore wind and estimates the sensitivity of results under a variety of most likely electric sector scenarios. For the purposes of this analysis, a theoretical framework is developed introducing a novel offshore resource classification system that is analogous to established resource classifications from the oil and gas sector. Analyzing economic potential within this framework can help establish a refined understanding across industries of the technology and site-specific risks and opportunities associated with future offshore wind development. The results of this analysis are intended to inform the development of the U.S. Department of Energy's offshore wind strategy.

Electricity from Renewable Resources

Electricity from Renewable Resources PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 030913708X
Category : Science
Languages : en
Pages : 386

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Book Description
A component in the America's Energy Future study, Electricity from Renewable Resources examines the technical potential for electric power generation with alternative sources such as wind, solar-photovoltaic, geothermal, solar-thermal, hydroelectric, and other renewable sources. The book focuses on those renewable sources that show the most promise for initial commercial deployment within 10 years and will lead to a substantial impact on the U.S. energy system. A quantitative characterization of technologies, this book lays out expectations of costs, performance, and impacts, as well as barriers and research and development needs. In addition to a principal focus on renewable energy technologies for power generation, the book addresses the challenges of incorporating such technologies into the power grid, as well as potential improvements in the national electricity grid that could enable better and more extensive utilization of wind, solar-thermal, solar photovoltaics, and other renewable technologies.

A Manual for the Economic Evaluation of Energy Efficiency and Renewable Energy Technologies

A Manual for the Economic Evaluation of Energy Efficiency and Renewable Energy Technologies PDF Author: Walter Short
Publisher:
ISBN: 9781410221056
Category : Business & Economics
Languages : en
Pages : 96

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Book Description
A Manual for the Economic Evaluation of Energy Efficiency and Renewable Energy Technologies provides guidance on economic evaluation approaches, metrics, and levels of detail required, while offering a consistent basis on which analysts can perform analyses using standard assumptions and bases. It not only provides information on the primary economic measures used in economic analyses and the fundamentals of finance but also provides guidance focused on the special considerations required in the economic evaluation of energy efficiency and renewable energy systems.

Large-Scale Offshore Wind Power in the United States

Large-Scale Offshore Wind Power in the United States PDF Author: Walter Musial
Publisher: DIANE Publishing
ISBN: 1437941338
Category : Science
Languages : en
Pages : 240

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Book Description
This is a print on demand edition of a hard to find publication. Offshore wind power is poised to deliver an essential contribution to a clean, robust, and diversified U.S. energy portfolio. Capturing and using this large and inexhaustible resource has the potential to mitigate climate change, improve the environment, increase energy security, and stimulate the U.S. economy. The U.S. is now deliberating an energy policy that will have a powerful impact on the nation¿s energy and economic health for decades to come. This report provides a broad understanding of today¿s wind industry and the offshore resource, as well as the associated technology challenges, economics, permitting procedures, and potential risks and benefits. Charts and tables.

Wind Vision

Wind Vision PDF Author: U. S. Department U.S. Department of Energy
Publisher: CreateSpace
ISBN: 9781508860549
Category :
Languages : en
Pages : 46

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Book Description
This book provides a detailed roadmap of technical, economic, and institutional actions by the wind industry, the wind research community, and others to optimize wind's potential contribution to a cleaner, more reliable, low-carbon, domestic energy generation portfolio, utilizing U.S. manu-facturing and a U.S. workforce. The roadmap is intended to be the beginning of an evolving, collaborative, and necessarily dynamic process. It thus suggests an approach of continual updates at least every two years, informed by its analysis activities. Roadmap actions are identified in nine topical areas, introduced below.

Future of solar photovoltaic

Future of solar photovoltaic PDF Author: International Renewable Energy Agency IRENA
Publisher: International Renewable Energy Agency (IRENA)
ISBN: 9292601989
Category : Technology & Engineering
Languages : en
Pages : 145

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Book Description
This study presents options to fully unlock the world’s vast solar PV potential over the period until 2050. It builds on IRENA’s global roadmap to scale up renewables and meet climate goals.

The Economics of Clean Energy

The Economics of Clean Energy PDF Author: Kathryn Roberts
Publisher: Greenhaven Publishing LLC
ISBN: 1534504575
Category : Young Adult Nonfiction
Languages : en
Pages : 202

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Book Description
As of 2017, 69 percent of Americans were in favor of restricting carbon emissions from coal power plants out of concern for climate change and the state of the environment, but can we afford to make the change to cleaner energy sources? This volume looks at the various alternative energy sources and their economic viability, exploring the debate about which path forward makes the most sense. Readers will gain a better understanding of the crossroads facing policymakers and the energy sector and be empowered to form their own opinions about how this urgent issue should be addressed.