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tenth Annual Know-how Baseline Options New Information on Offshore Wind Vitality, Nuclear Energy, Pumped Storage Hydropower, and Extra
Immediately—nicknamed “ATB Day” by a superfan—marks the discharge of the tenth annual electrical energy sector information for the Electrical energy Annual Know-how Baseline (ATB).
“For a decade, the Electricity ATB has been supporting consistent, timely assumptions in energy analyses,” stated Brian Mirletz, who leads the Nationwide Renewable Vitality Laboratory’s (NREL’s) Electrical energy ATB undertaking. “The free, open-source product provides detailed cost and performance data for energy technologies.”
The Electrical energy ATB continues to function a beneficial useful resource for utility planners and grid operators to know and sort out new challenges within the ever-changing energy panorama. The product organizes each present and projected information into an easy-to-use format, offering detailed info tailor-made to completely different electricity-generation applied sciences.
The just-released 2024 Electrical energy ATB consists of new and improved information for offshore wind vitality, nuclear energy, pumped storage hydropower, pure gasoline applied sciences, and extra.
With practically 100,000 customers from 144 international locations up to now, the Electrical energy ATB is extensively used. It additionally serves as the inspiration to a lot of NREL’s flagship vitality evaluation initiatives and capabilities together with the Customary Situations, Storage Futures Research, Los Angeles 100% Renewable Vitality Research, and Puerto Rico Grid Resilience and Transitions to 100% Renewable Vitality Research.
This 12 months’s Additions to the ATB Arsenal
The 2024 Electrical energy ATB consists of the next thrilling technology-specific upgrades:
- Offshore Wind: An up to date method to floating offshore wind price projection to raised symbolize the maturation course of for the know-how
- Nuclear Energy: New capital price information and projections from Idaho Nationwide Laboratory for each large-scale and superior small modular nuclear energy
- Geothermal: Improved alignment between consultant geothermal crops
- Pumped Storage Hydropower: Added websites that use current reservoirs and transitioned to a brand new, extra complete bottom-up capital price mannequin
- Pure Gasoline: New configurations that embody a single-combustion turbine with warmth restoration for a steam turbine.
A Peek on the Highly effective ATB Merchandise
The Electrical energy ATB caters to a various viewers—together with federal companies, state vitality places of work, utilities, and academia—by providing a number of codecs similar to Excel workbooks, Tableau charts (just like the one embedded beneath), an utility programming interface, open-source code, and a web site. This vary of merchandise enhances accessibility, accommodating completely different person preferences and facilitating seamless information interplay multi functional place.
“The ATB is clearly a work of love by diligent researchers who handle complex data and translate it into publicly usable information. It peels back the curtain of proprietary data so decision makers can access world-class information critical for their proceedings,” stated Simon Mahan, govt director at Southern Renewable Vitality Affiliation.
The ATB web site supplies in-depth documentation of the important thing merchandise, together with:
- Particulars on historic traits, present estimates, and future projections of three main price and efficiency elements: capital expenditures, capability issue, and operations and upkeep prices
- Documentation of the methodology and assumptions used to develop the projections of future price and efficiency beneath conservative, average, and superior know-how innovation eventualities
- Dialogue of the calculation of levelized price of vitality as an example the mixed results of the first price and efficiency elements, utilizing two completely different units of financing assumptions.
Be a part of July 23 Webinar To Study Extra
To be taught extra and focus on the analytical merchandise included within the 2024 Electrical energy ATB, register to affix a free NREL webinar with the Electrical energy ATB crew on July 23, 2024, at 9 a.m. MT.
The event of the 2024 Electrical energy ATB was a collaboration led by NREL in partnership with the U.S. Division of Vitality’s (DOE’s) Oak Ridge Nationwide Laboratory, Idaho Nationwide Laboratory, DOE’s Workplace of Vitality Effectivity and Renewable Vitality, DOE’s Workplace of Fossil Vitality and Carbon Administration, and DOE’s Workplace of Nuclear Vitality.
Learn extra about NREL’s vitality evaluation analysis, and subscribe to NREL’s vitality evaluation emails to obtain updates.
By Emily Mercer. Courtesy of NREL.
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