Dynamic EROI Assessment of the IPCC 21st Century Electricity Production Scenario
Authors: C. Neumeyer, R. Goldston
Abstract: "The Energy Return on Investment (EROI)
is an important measure of the energy gain ofan electrical
power generating facility that is
typically evaluated based on the life cycle
energy balance of a single facility. The EROI concept can be
extended to cover a collection of facilities that comprise a
complete power system and used to assess the
expansion and evolution of a power system as it
transitions from one portfolio mix of technologies to
another over time. In this study we develop a
dynamic EROI model that simulates
the evolution of a power
system and we perform an EROI simulation of one of the
electricity production scenarios developed under the auspices of
the Intergovernmental Panel on Climate Change (IPCC)
covering the global supply of electricity in the 21st
century. The basic concept of
dynamic EROI developed by Kessides and
Wade [1] is extended to accommodate arbitrary time-dependent
demand scenarios in order to determine the required expansion of
power generation, including the plowback needed for new
construction and to replace facilities as they are retired. The
results provide insight into the level of installed
and delivered power, above and
beyond basic consumer demand, that
is required to support construction during expansion, as
well as the supplementary power that may be required if
plowback constraints are imposed. In addition, sensitivity
to EROI parameters, and the impact"
of energy storage efficiency are addressed.
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