Highlighting regional decarbonization challenges with novel capacity expansion model
Abstract
This paper highlights the importance of regionally tailored decarbonization strategies to reach emissions intensity targets. The presented Ideal Grid model was used to compare and contrast decarbonization strategies for 9 regions of the continental US. For each of these regions, techno-economic analysis (TEA) and life-cycle assessment (LCA) are completed to track emissions intensity and electricity cost based on system installations. Ten technologies are included in this analysis: nuclear, wind, solar, natural gas (3 types), coal (3 types), and energy storage (lithium-ion batteries). The impact of carbon ceilings and carbon taxes are explored. It is shown that a carbon tax can linearly incentivize decarbonization in certain regions and exponentially incentivize decarbonization in other regions. It is shown that wind capacity factors can be used to indicate decarbonization strategies due to a strong correlation that is explored. At deep decarbonization levels (25 gCO2/kWh), regions have a varying reliance on nuclear. Regions source anywhere from 27-72% of their electricity from nuclear, with electricity costs ranging from $112/MWh to $137/MWh. At lenient decarbonization targets (100 gCO2/kWh), electricity costs range from $93/MWh to $112/MWh.
Declaration of Competing Interest The authors declare that they have no known competing financial interests or personal relationships that could have appeared to influence the work reported in this paper. Acknowledgements The authors would like to thank Ian Miller, Prof. Robert C. Armstrong, and James Owens for their support and input over the course of this study. This work was supported by International Energy Agency Gas Oil Collaboration Programme (GOT-CP) and MIT Energy Initiative Low Carbon Energy Centers.