IPRO 302 Sponsored by:

Transcription

1 Sponsored by:

2 Carbon-free energy technologies are needed to reduce greenhouse gas emissions Determine specifications of a carbon-free system to meet expected electricity demands for Chicago

3 Current Wind 1% Proposed Coal 33% Wind 20% Hydro 1% Natural Gas Biomass 5% 1% Nuclear 59% Nuclear 80%

4 Power Wind Power Production Nuclear Base Load Time

5 Power Power Demand Time

6 Power Power Demand Total Power Supply Time

7 Power Power Demand Total Power Supply Time Supply greater than Demand

8 Power Power Demand Total Power Supply Time Demand greater than Supply

9 Power Power Demand Total Power Supply Time Demand greater than Supply Supply greater than Demand

10 Power Power Demand Total Power Supply Time Demand greater than Supply Supply greater than Demand

11 Weekly Power Demand (Northern Illinois)

12 Average Annual Wind Speed (Northern Illinois)

13 Propose solution that would supply Chicago s energy needs without producing carbon Determine the most cost efficient combination of power production and storage technologies to meet the expected electricity demands for Chicago o Rank current storage technologies based on cost, efficiency, feasibility, and size

14 Team Organization

15 Pumped Hydro Storage Compressed Air Energy Storage Batteries Fuel Cells Flow Batteries Solar Fuels Superconducting Magnetic Storage Flywheels Capacitors/Supercapacitors Thermal Energy Storage

16 Pumped Hydro Storage Compressed Air Energy Storage Batteries Fuel Cells Flow Batteries Solar Fuels Superconducting Magnetic Storage Flywheels Capacitors/Supercapacitors Thermal Energy Storage

17 Pumped Hydro Storage Compressed Air Energy Storage Batteries Fuel Cells Flow Batteries Solar Fuels Superconducting Magnetic Storage Flywheels Capacitors/Supercapacitors Thermal Energy Storage

18 Pumped Hydro Storage Compressed Air Energy Storage Batteries Fuel Cells Flow Batteries Solar Fuels Superconducting Magnetic Storage Flywheels Capacitors/Supercapacitors Thermal Energy Storage

19 Pumped Hydro Storage Compressed Air Energy Storage Batteries Fuel Cells Flow Batteries Solar Fuels Superconducting Magnetic Storage Flywheels Capacitors/Supercapacitors Thermal Energy Storage

20 Pumped Hydro Storage Compressed Air Energy Storage Batteries Fuel Cells Flow Batteries Solar Fuels Superconducting Magnetic Storage Flywheels Capacitors/Supercapacitors Thermal Energy Storage

21 Pumped Hydro Storage Compressed Air Energy Storage Batteries Fuel Cells Flow Batteries Solar Fuels Superconducting Magnetic Storage Flywheels Capacitors/Supercapacitors Thermal Energy Storage

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27 Power Rating: 1,500 MW Storage Capacity: 320,000 MWh

28 Levelized System Cost (B$/year) Chicago Storage Levelized System Cost Vanadium Adiabatic Pumped Thermal Traditional Flow CAES Hydro Batteries Battery

29 LEC = Average lifetime levelised electricity generation cost I t = Investment expenditures in the year t M t = Operations and maintenance expenditures in the year t F t = Fuel expenditures in the year t E t = Electricity generation in the year t r = Discount rate n = Life of the system LEC=Capital+O&M+Input Output

30 Levelized Energy Cost ( /kwh) Chicago Storage Levelized Energy Cost

31 CAES cheapest option (LSC) Identical price ( kwh) as Pumped Hydro Area requirements

32 ( /kwh) % Current Price 12.8 Proposed Price

33 More expensive than today s cost of energy More feasible and efficient than pure nuclear Cheaper than Carbon-Capture Coal plants Would not produce Carbon Emission

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