11.1
National Energy with Weather System (NEWS) sets bounds on cost effective wind and solar PV deployment without storage
Handout (8.4 MB)
In the past two years, the team have designed and built a sophisticated mathematical optimization tool that is based upon linear programming with an economic objective. The tool has been constructed to include salient features of the electrical grid, such as; transmission, construction and siting constraints, reserve requirements, electrical losses due to transmission, asynchronous regions, "reliability" enforcement, capital costs, fuel costs, and many others.
One important test included existing US carbon free power sources, natural gas power when needed, and a High Voltage Direct Current power transmission network. This study shows that the costs and carbon emissions from an optimally designed national system decrease with geographic size. It shows that with achievable estimates of wind and solar generation costs, that the US could decrease its carbon emissions by up to 80% by the early 2030s, without an increase in electric costs. The key requirement would be a 48 state network of HVDC transmission, creating a national market for electricity not possible in the current AC grid.