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Aaron Smith

Bio: Aaron Smith is an academic researcher from National Renewable Energy Laboratory. The author has contributed to research in topics: Wind power & Offshore wind power. The author has an hindex of 11, co-authored 14 publications receiving 839 citations.

Papers
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Journal ArticleDOI
TL;DR: Wiser et al. as discussed by the authors summarized the results of an expert elicitation survey of 163 of the world's foremost wind experts, aimed at better understanding future costs and technology advancement possibilities.
Abstract: Wind energy supply has grown rapidly over the last decade. However, the long-term contribution of wind to future energy supply, and the degree to which policy support is necessary to motivate higher levels of deployment, depends—in part—on the future costs of both onshore and offshore wind. Here, we summarize the results of an expert elicitation survey of 163 of the world’s foremost wind experts, aimed at better understanding future costs and technology advancement possibilities. Results suggest significant opportunities for cost reductions, but also underlying uncertainties. Under the median scenario, experts anticipate 24–30% reductions by 2030 and 35–41% reductions by 2050 across the three wind applications studied. Costs could be even lower: experts predict a 10% chance that reductions will be more than 40% by 2030 and more than 50% by 2050. Insights gained through expert elicitation complement other tools for evaluating cost-reduction potential, and help inform policy and planning, R&D and industry strategy. Further global deployment of wind energy, both onshore and offshore, will depend on its future costs. Wiser et al. report the results of a survey of 163 leading experts on the possibilities of cost reduction and technological advancements by 2050.

213 citations

Journal ArticleDOI
TL;DR: In this article, the authors developed a pro-forma cash flow model to calculate two results: the levelized cost of energy, and the breakeven price required for financial viability.

145 citations

ReportDOI
01 Mar 2013
TL;DR: In this article, the levelized cost of energy (LCOE) for a typical land-based wind turbine installed in the United States in 2011, as well as the modeled LCOE for a fixed-bottom offshore wind turbine, were presented.
Abstract: This report describes the levelized cost of energy (LCOE) for a typical land-based wind turbine installed in the United States in 2011, as well as the modeled LCOE for a fixed-bottom offshore wind turbine installed in the United States in 2011. Each of the four major components of the LCOE equation are explained in detail, such as installed capital cost, annual energy production, annual operating expenses, and financing, and including sensitivity ranges that show how each component can affect LCOE. These LCOE calculations are used for planning and other purposes by the U.S. Department of Energy's Wind Program.

110 citations

ReportDOI
01 Apr 2012
TL;DR: In this article, a detailed description of NREL's levelized cost of wind energy equation, assumptions and results in 2010, including historical cost trends and future projections for land-based and offshore utility-scale wind.
Abstract: This document provides a detailed description of NREL's levelized cost of wind energy equation, assumptions and results in 2010, including historical cost trends and future projections for land-based and offshore utility-scale wind.

107 citations

ReportDOI
01 Feb 2015

90 citations


Cited by
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Journal ArticleDOI
TL;DR: In this paper, the authors present expert views on future capital cost, lifetime and efficiency for three electrolysis technologies: alkaline (AEC), proton exchange membrane (PEMEC) and solid oxide electrolysis cell (SOEC).

1,096 citations

Journal ArticleDOI
TL;DR: In this article, the authors examined the cost of hydrogen from the perspective of an investor who considers a hybrid energy system that combines renewable power with an efficiently sized power-to-gas facility, and showed that hydrogen obtained from wind power is already cost competitive in niche applications and may become widely competitive in the foreseeable future.
Abstract: The recent sharp decline in the cost of renewable energy suggests that the production of hydrogen from renewable power through a power-to-gas process might become more economical. Here we examine this alternative from the perspective of an investor who considers a hybrid energy system that combines renewable power with an efficiently sized power-to-gas facility. The available capacity can be optimized in real time to take advantage of fluctuations in electricity prices and intermittent renewable power generation. We apply our model to the current environment in both Germany and Texas and find that renewable hydrogen is already cost competitive in niche applications (€3.23 kg−1), although not yet for industrial-scale supply. This conclusion, however, is projected to change within a decade (€2.50 kg−1) provided recent market trends continue in the coming years. Hydrogen fuel, produced from renewable power, could be critical in the decarbonization of the electricity and transportation sectors. Here, a thorough economic analysis shows that hydrogen obtained from wind power is already cost competitive in niche applications and may become widely competitive in the foreseeable future.

632 citations

Journal ArticleDOI
TL;DR: In this article, the authors bring together perspectives of various communities involved in the research and regulation of bioenergy deployment in the context of climate change mitigation: Land-use and energy experts, land use and integrated assessment modelers, human geographers, ecosystem researchers, climate scientists and two different strands of life-cycle assessment experts.
Abstract: Bioenergy deployment offers significant potential for climate change mitigation, but also carries considerable risks. In this review, we bring together perspectives of various communities involved in the research and regulation of bioenergy deployment in the context of climate change mitigation: Land-use and energy experts, land-use and integrated assessment modelers, human geographers, ecosystem researchers, climate scientists and two different strands of life-cycle assessment experts. We summarize technological options, outline the state-of-the-art knowledge on various climate effects, provide an update on estimates of technical resource potential and comprehensively identify sustainability effects. Cellulosic feedstocks, increased end-use efficiency, improved land carbon-stock management and residue use, and, when fully developed, BECCS appear as the most promising options, depending on development costs, implementation, learning, and risk management. Combined heat and power, efficient biomass cookstoves and small-scale power generation for rural areas can help to promote energy access and sustainable development, along with reduced emissions. We estimate the sustainable technical potential as up to 100EJ: high agreement; 100-300EJ: medium agreement; above 300EJ: low agreement. Stabilization scenarios indicate that bioenergy may supply from 10 to 245EJyr(-1) to global primary energy supply by 2050. Models indicate that, if technological and governance preconditions are met, large-scale deployment (>200EJ), together with BECCS, could help to keep global warming below 2 degrees degrees of preindustrial levels; but such high deployment of land-intensive bioenergy feedstocks could also lead to detrimental climate effects, negatively impact ecosystems, biodiversity and livelihoods. The integration of bioenergy systems into agriculture and forest landscapes can improve land and water use efficiency and help address concerns about environmental impacts. We conclude that the high variability in pathways, uncertainties in technological development and ambiguity in political decision render forecasts on deployment levels and climate effects very difficult. However, uncertainty about projections should not preclude pursuing beneficial bioenergy options.

550 citations

Journal ArticleDOI
TL;DR: In this paper, the authors model many combinations of renewable electricity sources (inland wind, offshore wind, and photovoltaics) with electrochemical storage (batteries and fuel cells), incorporated into a large grid system (72 GW).

498 citations

Journal ArticleDOI
Sarat Kumar Sahoo1
TL;DR: In this article, the progress of current solar photovoltaic energy in India is discussed and the Indian government policies and initiatives to promote solar energy in the country are discussed. And the authors highlight the renewable energy trend in India with major achievements, state wise analysis of solar parks and industrial applications.
Abstract: The mitigation of global energy demands and climate change are the most important factors in the modern days. Development and application of solar energy have been regarded by the government of India and common people, and they thought that solar photo voltaic energy can provide more energy in future compare to other renewable energies. In the last decade, solar photovoltaic energy research and development has supported by the central government and state governments. This paper discusses the progress of current solar photovoltaic energy in India. It highlights the renewable energy trend in India with major achievements, state wise analysis of solar parks and industrial applications. Finally, it discusses the Indian government policies and initiatives to promote solar energy in India. This review on solar photovoltaic energy will help decision makers and various stakeholders to understand the current status, barriers and challenges for better planning and management in this field.

379 citations