Published October 2018 | Version v1
Journal article

The role of input assumptions and model structures in projections of variable renewable energy: A multi-model perspective of the U.S. electricity system

  • 1. National Renewable Energy Laboratory (NREL), 15013 Denver West Parkway, Golden, CO 80401 (United States)
  • 2. Electric Power Research Institute (EPRI), 3420 Hillview Avenue, Palo Alto, CA 94304 (United States)
  • 3. U.S. Energy Information Administration (EIA), 1000 Independence Avenue Southwest, Washington, DC 20585 (United States)

Description

Highlights: • Three national-scale models are applied to evaluate variable renewable energy (VRE). • Both model formulation and input assumptions impact VRE projections. • Differences in modeling integration have significant impact under high penetrations. • Accurate VRE representations are critical for economic comparisons and valuations. Recent wind and solar deployment in the United States has grown at unprecedented rates, but the extent to which this growth will continue is a key question. Energy-economic planning models are often used to develop future projections of these technologies, and although it is well-understood that model outcomes are sensitive to assumptions about technology developments and market conditions, it is less clear how underlying model structures might impact outcomes. For wind and solar technologies, model structures might be an even larger driver due to the complexity required to represent their variability, uncertainty, and location-dependence. Here, we apply three state-of-the-art electric sector planning models to evaluate variable renewable generation under different conditions with both harmonized and native input assumptions to isolate the impact that model structures might have on deployment outcomes. We find growth in wind and solar deployment in all models under a business-as-usual scenario (without new policies), where the median value for variable renewable energy generation share is found to be 27% by 2050—but with a wide range of estimates (18–43%), types of renewable technologies deployed, and regional distributions across models. With harmonized assumptions about technology costs and market conditions the range narrows slightly, but a large range in penetration outcomes remains (24–41% by 2050) suggesting that model representations play significant roles in projections of future wind and solar deployment. We also assess the implications of achieving 55% wind and solar penetration by 2050—to assess potential challenges at higher penetration levels—and the magnitude of variable generation under a carbon-constrained future. Finally, we identify research needs to better assess the future deployment of variable renewable energy.

Availability note (English)

Available from http://dx.doi.org/10.1016/j.eneco.2018.10.019

Additional details

Identifiers

DOI
10.1016/j.eneco.2018.10.019;
PII
S0140988318304213;

Publishing Information

Journal Title
Energy Economics
Journal Volume
76
Journal Page Range
p. 313-324
ISSN
0140-9883
CODEN
EECODR

INIS

Country of Publication
United Kingdom
Country of Input or Organization
International Atomic Energy Agency (IAEA)
INIS RN
53018540
Subject category
S29: ENERGY PLANNING, POLICY AND ECONOMY;
Descriptors DEI
COMMERCIALIZATION; ELECTRICITY; ENERGY POLICY; MARKET; PLANNING; RENEWABLE ENERGY SOURCES; SCALE MODELS; SIMULATION; SOLAR POWER PLANTS; WIND POWER
Descriptors DEC
ENERGY SOURCES; GOVERNMENT POLICIES; POWER; POWER PLANTS; RENEWABLE ENERGY SOURCES; STRUCTURAL MODELS

Optional Information

Copyright
Copyright (c) 2018 Elsevier B.V. All rights reserved.