Thesis
Solar energy can be harnessed immediately as a solution to U.S. energy, economic security, and climate change problems [1].
Basis
All aspects of a dependable, dispatchable, cost-effective national solar electric system meeting all of our needs are ready for use and nearly cost effective today.
What should be done?
A Federal incentives program focused on solar installations and R&D to bring down system cost through technical innovation and economies of scale.
What is the deployed energy system that would meet our national needs?
- Solar fields in the US Southwest populated with photovoltaics (PV) and concentrating solar power (CSP) arrays.
- Intermittent solar electricity made firm and dispatchable by coupling PV to compressed air energy storage (CAES) plants and by adding thermal storage to CSP plants.
- Solar electricity produced in the Southwest transmitted via high-voltage, direct-current power lines (HVDC) to demand centers.
- CAES plants located near demand centers and with access to the normal AC grid.
- Electric and plug-in hybrid electric/fuel vehicles employed to reduce gasoline use.
What are the economics for these systems?
|
Technology |
30 Year Levelized Cost [$/kWh] |
|
Today [2008] |
After Program [2016] |
|
Photovoltaics [PV] at $4/W Installed | 0.16 | 0.08 |
Concentrating Solar Thermal [CSP]
with Thermal Storage | 0.20 | 0.13 |
|
PV with Compressed Air Storage [CAES] | 0.20 | 0.13 |
|
High Voltage DC Power Transmission | 0.007 | 0.007 |
|
Electric Vehicles | Barriers | Defined Pathway |
- $750 million/1000 miles
- $450 million/DC-AC converter station
What specific actions are needed?
- Create a National Workshop to determine the best way to incentivize PV, CSP, thermal and compressed air storage.
- Deploy 20 GW each of PV and Concentrating Solar Thermal [CSP].
- Deploy 6 GW of Compressed Air Energy Storage [CAES].
- Build two HVDC lines from the Southwest to California and to Southeastern markets.
- Convene a National Transportation Electrification Plan Workshop, and then act on the workshop’s recommendations for vehicle electrification.
What would be the payoff?
- Energy – we gain self-sufficiency and stabilize prices (Figure 1)
- Environment – we solve CO2 buildup (Figure 2)
- Employment – we gain a huge number of jobs by domesticating our energy supply
- Economy – we step back from the brink of an unsustainable balance of payments
- Peace – we eliminate international energy-supply tensions.