Abstract
We simulate pathways for achieving up to 100% renewable energy (RE) electric power systems for the contiguous United States. Under base conditions, the least-cost buildout has RE penetration growing up to 57% in 2050. Relative to this base scenario, average CO2 abatement costs of achieving 80%, 90%, 95%, and 100% RE are $25, $33, $40, and $61/ton, respectively, with system costs growing from $30 to $36/MWh at 95% (achieved in 2040) and $39/MWh at 100%. Incremental abatement costs from 99% to 100% RE reach $930/ton, driven primarily by the need for firm RE capacity. In addition to the base conditions, we also examined 22 alternative conditions for a buildout of up to 100%. These sensitivities capture different technology trajectories, compliance requirements, requirement timing, electrification, and transmission availability. Nonlinear marginal costs for the last few percent approaching 100% RE were found for all sensitivities, which might motivate alternative nonelectric-sector abatement opportunities.
| Original language | American English |
|---|---|
| Pages (from-to) | 1732-1748 |
| Number of pages | 17 |
| Journal | Joule |
| Volume | 5 |
| Issue number | 7 |
| DOIs | |
| State | Published - 21 Jul 2021 |
Bibliographical note
Publisher Copyright:© 2021 Elsevier Inc.
NLR Publication Number
- NREL/JA-5C00-80629
Keywords
- energy cost
- energy policy
- energy system modeling
- grid integration
- renewable energy