(357h) Dynamics of Solar and Wind Power Variability and Implications for Chemical and Material Industries
AIChE Annual Meeting
2024
2024 AIChE Annual Meeting
Topical Conference: Decarbonization of the Chemical Industry through Electrification
Decarbonization by Electrification: Systems & Policy
Tuesday, October 29, 2024 - 2:41pm to 2:59pm
In this work, we characterize the size and dynamics of fluctuations in solar and wind resources to elucidate how industrial processes might ease the adoption of renewable resources and increase utilization of electricity infrastructure. Using forty years of weather reanalysis data for the coterminous United States, models of renewable energy technologies, empirical time series of electricity demand, and an energy system model, we simulate the hourly operation of possible future energy systems that rely heavily upon solar and wind power and energy storage to meet demand reliably over decades. We quantify the size of renewable power fluctuations and examine their dynamics over time and in space. We identify common characteristics of meteorological patterns that could lead to resource droughts as well as times when potentially excess energy might be generated. We then quantify how these characteristics might change under different scenarios, which include deploying additional energy storage, expanding transmission infrastructure, and relying on alternative power generators; and we examine how system costs might respond. The results provide insights into how to design new flexible chemical and material processes and schedule their operation in order to enable greater utilization of renewable energy resources and lower electricity costs.