Renewable Energy 63 (2014) 153e161 Contents lists available at ScienceDirect Renewable Energy journal homepage: www.elsevier.com/locate/renene Analysis of renewable energy development to power generation in the United States Alireza Aslani a, b, *, Kau-Fui V. Wong b a b Industrial Management Department, Faculty of Technology, University of Vaasa, Vaasa 65101, Finland Department of Mechanical and Aerospace Engineering, College of Engineering, University of Miami, Miami, FL 33146, USA a r t i c l e i n f o a b s t r a c t Article history: Received 2 May 2013 Accepted 28 August 2013 Available online 28 September 2013 Renewable energy resources have historically played a small role for electricity generation in the US. However, concerns such as security of energy supply, limitations and price fluctuations of fossil fuels, and threats of climate changes have encouraged US policy makers to think and debate about diversification strategy in the energy supply and promotion of renewables. The current paper discusses the role of renewable portfolio in the US energy action plan during 2010e2030. A system dynamics model is constructed to evaluate different costs of renewable energy utilization by 2030. Results show that while renewables will create a market with near 10 billion $ worth (in the costs level) in 2030, the total value of renewable energy promotion and utilization in the US will be more than 170 billion $(in the costs level) during 2010e2030. Ó 2013 Elsevier Ltd. All rights reserved. Keywords: Renewable energy portfolio Cost analysis Electricity generation US System dynamics 1. Introduction One of the important factors of US energy production system is security of energy supply at this time. Energy security concerns along with consumption growth are rapidly rising in importance in the US. In response, renewable energy resources (RER) are options to reduce dependency on imported energy and provide social and environmental benefits. However, a key question is how RERs can be used to meet US energy needs and U.S. electricity needs? RERs are typically used in three main frames: electricity generation, bio-products, and in heating/cooling systems. To succeed diffusion programs of renewable energy (RE) development, different strategies such as technological improvements, increased economies of scale, and strong policy support have been contributed in the US. Nevertheless, compared to traditional energy sources, promotion of electricity generation from RERs is limited because of its relative investment high costs, and strong penetration of nuclear and fossil fuel power plants in the US. This study provides an evaluation to analyze the costs of RE promotion and operation according to the U.S. Department of Energy action plan for RE development by 2030. Owning to the complexity of such studies, as well as different factors and policies * Corresponding author. Industrial Management Department, Faculty of Technology, University of Vaasa, Vaasa 65101, Finland. Tel.: þ358 44 255 0010. E-mail address: Alireza.aslani@uva.fi (A. Aslani). 0960-1481/$ e see front matter Ó 2013 Elsevier Ltd. All rights reserved. http://dx.doi.org/10.1016/j.renene.2013.08.047 effects on costs analysis, the system dynamics approach is implemented to analyze the effectiveness of RE policies. The work is organized based on the following sections. Energy structure, supply, and consumption in the US are reviewed in Section 2. In Section 3, the role of RE utilization is discussed in the US. The important RERs and their potentials are also reviewed in that section. Related polices and government’s schemes to promotion of RE utilization in the US are described in Section 4. Different parts of the development costs of RE in the US are reviewed in Section 5. Finally, a system dynamics model for cost analysis of RE utilization in the US during 2011e2030 is proposed in Section 6. 2. Energy structure in the US The US with 315,746,720 populations (4.5% of world) consumes around 19.2% of the world’s energy (83% of North America) [1,2]. The country is also the second largest energy consumer after China and ranks seventh in energy consumption per-capita after Canada and some small countries [2]. According to IEA energy statistics, fossil fuels are the majority of total primary energy supply (84.3% share in 2009) [3]. Oil with 37.1%, natural gas with 24.7%, and coal/ peat with 22.5% are the main sources of fossil fuels for energy consumption in the US in 2009 [3]. RERs had a share of 5.8% in total primary energy supply in 2009 [3]. Fig. 1 and Table 1 show the share and amount of each renewables in both electricity and heat generation in the US in 2009 [4]. As Fig. 1 illustrates, the main RER in the US is hydropower utilized from hydroelectric dams. 154 A. Aslani, K.-F.V. Wong / Renewable Energy 63 (2014) 153e161 Fig. 1. Share of each renewables in electricity generation in US in 2009 [4]. While 41% of energy demand in the US was used for electricity generation, around 28% of energy demand was used for transportation in 2009 (20% industry and 11% residential and commercial). Fig. 2 shows the share of each source in each sector [5]. As energy consumption has always increased at a faster rate than energy production over the last decades in the US, the country is dependent to imports particularly for transportation sector. According to statistics, while total energy production in the US was1686.4 Mtoe, the net imports was 559.01 Mtoe in 2009 (33%) [6]. During 2010e2011, while use of coal and oil fell in the US, use of natural gas increased [7]. 3. Renewable energy utilization in the US RERs in the United States accounted for 11.1% of the electricity generation in 2009 [8]. This was increased to 13.2% in 2012 (19% growth). Fig. 3 shows the trend of electricity generation by RE in recent years. Although the major RER for electricity generation in the US is hydropower (Table 1), some states such as California, Iowa, and North Dakota have generated more than 10% of their electricity just from wind power, solar power, and geothermal. As diffusion of RERs along with improving energy efficiency are two important subjects of White house energy policies in order to response to challenges of energy security and climate change, development of RER utilization have been emphasized by the US policy makers in different levels and states [10]. According to the “New Energy for America plan”, the share of RERs in electricity generation should be increased to 25% by 2025 [11]. On the other hand, Feasibility studies show that all US states have strong potential for RER utilization at least in one source. For instance, a quarter of the U.S. land area has high potential for electricity generation from wind power with the same price of natural gas or coal. Further, solar energy in seven southwest states can provide 10 times of the current electric generation in the US [12]. Fig. 4 shows the portfolio map of RERs in the US extracted from the National Renewable Energy Laboratory (NREL) database [13]. As Fig. 4 illustrates, US has a strong potential for solar energy utilization. With annual growth averaging 11.7%, solar power along with wind power is the fastest growing of RERs in the country [23]. Fig. 2. U.S. primary energy consumption by source and sector [5]. While new and more efficient solar technologies are being developed, utilization of this source will be more popular [34]. Today Both Sandia National Laboratories and the National Renewable Energy Laboratory (NREL), as the main government organizations for supporting RE utilization, have heavy funded solar research programs. The Ivanpah solar project with 392 MW capacity is a solar thermal power facility that is under construction in southeastern California [16]. However, because it currently accounts for only 0.5% of total renewable generation, solar would remain a minor part of the renewable mix. Wind power utilization has swiftly grown over the past decade, from 18 GW to 179 GW during 2000e2010. It had a big jump, 26% growth, during 2010e2011 [7]. Western US, Alaska, and Appalachians are regions with strongest wind in the US. Texas, with 9728 MW and Iowa with 3670 MW are two examples of wind power utilization in the US. On the other hand, the western US is the best region for geothermal utilization. Geothermal technologies can be used in three frames: heat pumps, direct systems, and deep reservoirs to generate electricity [14]. It is estimated the total production of geothermal will be15,000 MW by 2025 [17]. Indeed, major hydroelectric dams are located in the Northwest, on the Colorado River, and Tennessee Valley. They provide about 67% of total electricity generation by RERs. Finally, biomass can potentially be produced almost anywhere in the US, in particular eastern US. In general, the share of total electricity generation by non-hydropower renewable generation should be increased from about 4 percent in 2010 to 9 percent in 2035 [23]. 4. Policies related to renewable energy development in the US The share of RERs in electricity generation in the US should grow to 25% by 2025 [30]. Most of the growth in RE electricity generation is the result of state renewable portfolio standards requirements, Table 1 Details of utilization of renewables for electricity and heat generation in the US in 2009 [4]. Resource Biomass Details Municipal waste Industrial waste Primary solid biofuels Biogases Liquid biofuels Geothermal Gross elec. generation (GWh) Gross heat production (TJ) 16,909 11,736 5532 3818 40,478 30,839 9281 999 91 e 17,046 e Hydropower 298,410 e Solar Wind Photovoltaic Thermal 1698 e 816 e 74,226 e A. Aslani, K.-F.V. Wong / Renewable Energy 63 (2014) 153e161 155 Table 2 Examples of US’s polices to diffusion and promotion of RERs [18,19]. Provisions - - Fig. 3. Total renewable electricity net generation (billion KW) [9]. federal tax credits, and the availability of low-cost feedstocks. Due to the especial emphasis of the US president to clean and secure energy, and in order to diffusion of RE utilization, several policies and encouragement packages have been introduced by US energy policy makers. As an example, the Defense department has committed to purchase 1000 MW of electricity generated by RERs. The Interior department commitment is also to permit 10,000 MW of RE projects on public land in 2012 [15]. Most energy policies related to diffusion and promotion of RE utilization take the form of financial incentives in the US. Tax breaks and reductions, tax exemptions, loans, rebates, and specific funding are examples of incentives. The targets are increasing security of energy supply via decreasing dependency on energy imports (oil), Subsidies for wind, solar, and geothermal producers Biomass grants Increasing the amount of biofuel that must be mixed with gasoline Making geothermal energy more competitive with fossil fuels in generating electricity Tax reductions: e.g., $2.7 billion to extend the renewable electricity production credit, or $500 million Clean Renewable Energy Bonds (CREBS) for government agencies for renewable energy projects. Loan guarantees Renewable portfolio standard in each states Taxpayer funding of research and development of solar energy, geothermal energy, and marine and hydrokinetic renewable energy technologies. Creation of a training program for “Energy efficiency and renewable energy” workers creating jobs, and developing industries, and achieving to a clean and sustainable society. According to the Energy Policy Act of 2005, tax incentives and loan guarantees are two main subjects of improving energy security and promotion of RE in the US [18]. Table 2 summarizes some of the important provisions of “Energy Policy Act of 2005” and “Energy Independence and Security Act of 2007” related to RE development. More than 30 states have renewable portfolio standards or similar laws to promote RERs utilization. According to these standards, electricity providers must generate a minimum amount of electricity from RE by a specified date [29,33]. This means that each state determines its own level of RE utilization and noncompliance penalties. The standards present targets for RE as 1) share of a utility’s total retail electricity sales, 2) an increase in generating capacity or 3) share of the growth in retail electricity [29]. As an example and according to the California renewable portfolio Fig. 4. Portfolio map of renewables in the US [13]. 156 A. Aslani, K.-F.V. Wong / Renewable Energy 63 (2014) 153e161 Table 3 Renewable portfolio standards in five selected states [23]. State Selected program mandate Connecticut - RERs should account for 27% of sales by 2020, - The State’s Clean Energy Finance and Investment Authority is responsible for creating an investment program for 30 MW residential solar installation, - 25% of sales from renewable sources by 2025 for large utilities, - 20% of sales from renewable generation by 2022, - Designation of waste-to-energy facilities as qualifying to meet the 20-percent target beyond 2022, - Solar sources account for 2% of electricity sales by 2022, - 5880 MW RE utilization by 2015, - 500 MW of renewable capacity other than wind, - 15% of sales from the State’s largest generators must come from RERs by 2020, - The administrative penalty of 5% per KWh for noncompliance. Illinois Maryland Texas Washington standard, 33% of electricity sales should be met by RERs by 2020. Indeed, the investor-owned utilities should be 20% of sales from RERs [23]. Table 3 reviews the important targets of renewable portfolio standard of some selected states. 5. Costs of renewable energy utilization Investment is a key point for diffusion of RE technologies [24]. To utilization of RERs economically reasonable, sources should be adopted pervasively by supports of the government and contributions of the private sector [25]. Researches show that financial measurement that indicates the required investment and other costs of RE utilization (e.g., maintenance and operation), as well as efficiency of each energy source (performance) are two key criteria for RE promotion [26,27]. Table 4 shows different estimated costs of electricity generation by RERs in 2017 based on the Energy Information Administration (EIA) analysis (Levelized Cost of Generation Resources) [20]. Levelized cost shows the competiveness of different sources to electricity generation and represents KWh of capital and operating costs of a generating plant over financial life and duty cycle [20]. Levelized cost include different costs including capital costs, fuel costs, fixed and variable operations and maintenance (O&M) costs, financing costs, as well as capacity factor of each plant type [20]. These costs are based on the US national averages that would be different in the local scale costs because of factors such as local labor markets, cost, and availability of fuel or the level of accessibility of energy sources. The capacity factor corresponds to the maximum availability of each renewable technology directly affects the levelized cost. For RERs such as wind and solar as the operator cannot control the amount of utilization and they are dependent on the weather conditions, the capacity factor is small compared to other RE technologies. In other word, although the average annual capacity factor of these sources would be similar to other technologies, the availabilities are not dependent on operator’s control. Therefore, the intermittent technologies cannot provide the same contribution to system reliability as operator-controlled technologies can and they may require additional investment for back-up power. 6. System dynamics model System dynamics is a methodology based on system thinking to understand and model the behavior and activities of the complex systems over time [21]. The methodology is based on the feedback structure, meaning that decisions with specific goals alter the world and subsequently lead to new decisions [22]. The process of system dynamics analysis is comprised of six steps, which are (1) system understanding, (2) problem identification and definition, (3) system conceptualization, (4) Simulation and validation, (5) policy/decision analyzing and improvement, and (6) policy/decision implementation. Through a review of existing literature among over 1500 pages of documents and articles including annual reports, detailed government, project reports, and published investigations, we have assessed the US energy sector to (1) define the main problems and objectives of renewable energy utilization, and (2) identify the key variables and policies. Through a review of existing literature, the causal relationships of renewable energy development and related costs are extracted and variables can be quantitatively examined via collecting relevant data. Next section shows the integrated stockeflow diagram to simulate relationships and behaviors [35]. 6.1. Dynamic analysis of renewable energy utilization plans Fig. 5 shows the proposed system dynamics model of costs and capacity of electricity generation by renewables in the US during 2010e2030. There are five stocks in the proposed model including capacity of hydropower electricity, capacity of biomass electricity, capacity of solar electricity, capacity of wind power electricity, and capacity of geothermal electricity. The capacity of each RER influenced by current renewable systems operating and new installations (based on the policies and plans), as well as decreased number of RER systems affected by delay time (depreciation). We assume that the depreciation periods of RER systems are 20 years for solar, 25 years for wind, 25 years for geothermal, 30 years for biomass plants, and 15 years for small hydropower. The number of increased RER systems (rates in the system dynamics model) are directly affected by plans and government policies discussed in the sections 3 and 4. Indeed, the investment, O&M, and fuel costs (for Biomass) also depend on the US policies and related technologies. To develop the quantitative model, the data was collected from Annual Energy Outlook 2011 and 2012 prepared by U.S. Energy Information Administration (U.S. Department of Energy) [20,23]. Fig. 6 shows the total estimated amount of electricity generated by RERs in the US during 2010e2030 extracted from the model. The Table 4 Estimated levelized cost of electricity generation by renewables in 2017 in the US ($/MWh) [20]. Plant type Capacity factor (%) Dispatchable renewable technologies Geothermal 91 Biomass 83 Non-dispatchable renewable technologies Wind 33 Solar PV 25 Solar thermal 20 Hydro 53 Levelized capital cost Fixed O&M Variable O&M (including fuel) Transmission investment Total system levelized cost 75.1 56 11.9 13.8 9.6 44.3 1.5 1.3 98.2 115.4 82.5 140.7 195.6 76.9 9.8 7.7 40.1 4 0 0 0 6 3.8 4.3 6.3 2.1 96 152.7 242 88.9 A. Aslani, K.-F.V. Wong / Renewable Energy 63 (2014) 153e161 157 Fig. 5. System dynamics model of renewable energy development in the US during 2010e2030. total amount of electricity generated by RERs should reach to 603,166 GWh that means 208,336 GWh new RE systems installation during 2010e2030. According to the defined policy by US department of energy, RE utilization for electricity generation will have a fast growth during 2010e2015 (28.5% growth). That is mainly because of new capacities from wind power (56480 GWh) and hydropower (40110 GWh). During 2015e2025, this growth will continue with a slower slope as most of the wind and hydropower Fig. 6. Total electricity generated by renewable energy resources in the US (GWh). 158 A. Aslani, K.-F.V. Wong / Renewable Energy 63 (2014) 153e161 Fig. 7. Total costs of wind power during 2010e2030 in the US ($). Fig. 8. Total costs of solar power during 2010e2030 in the US ($). Fig. 9. Total costs of hydropower during 2010e2030 in the US ($). A. Aslani, K.-F.V. Wong / Renewable Energy 63 (2014) 153e161 Fig. 10. Total costs of biomass during 2010e2030 in the US ($). Fig. 11. Total costs of geothermal during 2010e2030 in the US ($). Fig. 12. Comparing total costs of electricity generation by renewables during 2010e2030 in the US ($). 159 160 A. Aslani, K.-F.V. Wong / Renewable Energy 63 (2014) 153e161 Table 5 Comparing the amount of total, investment, and O&M costs of renewable portfolio and each source in the selected years ($). Year 2015 Source/cost detail Total cost Investment cost O&M costa Total cost Investment cost O&M costa Total cost Investment cost O&M costa Wind powerb Solar power Hydropower Biomass Geothermal Total 2,047,490,000 187,745,000 1,878,270,000 2,469,860,000 335,973,000 6,919,338,000 1,980,000 336,300 78,591,800 339,696,000 86,064,600 506,668,700 2,045,510,000 187,408,700 1,799,678,200 2,130,164,000 249,908,400 6,412,669,300 2,330,470,000 269,576,000 1,894,380,000 4,637,000,000 545,944,000 9,677,370,000 147,015,000 60,197,700 36,912,000 0 125,567,000 369,691,700 2,183,455,000 209,378,300 1,857,468,000 4,637,000,000 420,377,000 9,307,678,300 2,430,000,000 321,322,000 1,908,880,000 4,600,000,000 656,848,000 9,917,050,000 147,015,000 65,000,000 36,900,000 0 125,000,000 373,915,000 2,282,985,000 256,322,000 1,871,980,000 4,600,000,000 531,848,000 9,543,135,000 a b 2025 2030 Including fuel cost for biomass. Compared to 2015e2025, wind power will have a fast growth rate during 2010e2015. capacities will be utilized. The total amount of electricity generation from RERs will be increased around 15% during 2015e2025. Finally, during 2025e2030 this growth will continue with slower rate because of using the capacities for wind, hydropower and biomass, as well as depreciation of current installations. The most growth during 2025e2030 will be happened by solar and geothermal technologies. Figs. 7e11 show the total costs of electricity generation for each RER. These costs include current RE systems (O&M and fuel costs) and new installations (investment costs) during 2010e2030. As Fig. 7 illustrates, the most investment in the wind power are being happened during 2010e2015 (56480 GWh new capacities). The reduction in the total costs after 2015 is because of the reduction in new capacities investment (due to almost high investment cost). Thereby, most part of the cost is O&M cost. Fig. 12 compares the total costs of electricity generation from each RERs with portfolio of renewables. According to the figure, the total costs of RERs utilization will be rise from 6,613,930,000$ (for 394,830 GWh utilization) in 2010 to 9,917,050,000$ (for 603,166 GWh utilization) in 2030 (53% growth in utilization compared to 50% growth in the costs). Table 5 shows the amount of total, investment and O&M costs of renewable portfolio and each source in the three selected years 2015, 2025, and 2030. 7. Validation and testing of the model Testing and validation of the models are very important in the system dynamics research. Model testing and validation in the current research are based on the matching the models’ results with the real system. The first aim of the model validation is to provide good and accurate statistical information as decisions may be made based on the model contributions [31]. As Kelton and Law (1991) highlight, if a model has not a “valid” illustration of a system, the model results serve little useful information about the real system. To test and validate the system dynamics model we implemented two approach: model structure validation, and model behavior validation [32]. According to the “structure validation”, the structure of system dynamics model is suitable if it is internally consistent with its assumptions and the causal structures contains the keys feedback loops for describing the model and real system. The model implemented in the current research responses to these factors from two viewpoints. First, our system dynamics model describes the behavior of the system based on the identified variables and causal loop extracted by the researcher’s observation and expert’s opinions. Second, it was designed based on the real data, trends, and opinions of the professionals in the energy sector. In particular, the researchers tried to involve stakeholders and decision makers of the policy options from the beginning of the model building. Therefore, changes in the simulation forecast closely follow changes in the real world systems. From behavior validation aspect, our system dynamics model were checked by two methods; 1) Reviewing the process of the modeling and results and comparing with historical patterns and 2) testing the results with experts and comparing with the plans defined by US targets. 8. Conclusion Today one of the important factors for robust development of an economic is security of energy supply [28]. Energy security concerns along with threats of carbon dioxide emission and consequently global warming are rapidly rising in importance for developed countries. To response the challenges, diversification in the energy sources is debated as one of the important strategies by policy makers. Due to the energy consumption growth and dependency on fossil fuels in the US, diffusion of electricity/heat generation from renewables creates an import part of the US energy policies for the future. Our studies show that the US is one of the richest countries in terms of renewable energy portfolio. However, commercial development of renewable energy systems is highly dependent to the utilization costs and government policies. This article discussed about a system dynamics model to evaluate different costs of renewable energy development in the US during 2010e2030. Due to the role of electricity in energy portfolio of US residential/commercial and industries, the analysis focused on electricity generation. Depending to the economic growth, renewable energy utilization would change from 102% increase in the High Economic Growth scenario to 62% increase in the Low Economic Growth scenario in the US [23]. 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