Renewable Energy Solar Energy

Renewable Energy Planning: Multiparametric Cost Optimization; Preprint

Authors: Walker, A.
 
Abstract: This paper describes a method for determining the combination of renewable energy technologies that minimize life-cycle cost at a facility, often with a specified goal regarding percent of energy use from renewable sources. Technologies include: photovoltaics (PV); wind; solar thermal heat and electric; solar ventilation air preheating; solar water heating; biomass heat and electric (combustion, gasification, pyrolysis, anaerobic digestion); and daylighting. The method rests upon the National Renewable Energy Laboratory's (NREL's) capabilities in characterization of technology cost and performance, geographic information systems (GIS) resource assessment, and life-cycle cost analysis. The paper discusses how to account for the way candidate technologies interact with each other, and the solver routine used to determine the combination that minimizes life-cycle cost. Results include optimal sizes of each technology, initial cost, operating cost, and life-cycle cost, including incentives from utilities or governments. Results inform early planning to identify and prioritize projects at a site for subsequent engineering and economic feasibility study.
Publication Date: 01 May 2008
Report numbers: NREL/CP-670-42921
DOE Contract number: AC36-99-GO10337
Resource Type: Conference
Resource Relation: Conference: Presented at SOLAR 2008 - American Solar Energy Society (ASES), 3-8 May 2008, San Diego, California
Research Organizations: National Renewable Energy Laboratory (NREL), Golden, CO.
Sponsoring Organizations: USDOE
Country of Publication: United States
Language: English
Keywords relating to this report:
BIOMASS
COMBUSTION
DAYLIGHTING
DIGESTION
ECONOMICS
GASIFICATION
GEOGRAPHIC INFORMATION SYSTEMS
HEAT TREATMENTS
LIFE-CYCLE COST
OPERATING COST
OPTIMIZATION
PLANNING
PYROLYSIS
RESOURCE ASSESSMENT
SOLAR ENERGY
SOLAR WATER HEATING
VENTILATION

Subjects:
Related subjects:
BIOMASS HEAT
ENERGY ANALYSIS
LIFE-CYCLE COST
MULTIPARAMETRIC COST OPTIMIZATION
PHOTOVOLTAICS
PV
RENEWABLE ENERGY TECHNOLOGIES
SOLAR THERMAL HEAT AND ELECTRIC
SOLAR VENTILATION AIR PREHEATING
SOLAR WATER HEATING
WIND