[LDES-coremodel] Battery storage cost projections

[Kenji Shiraishi]

Thank you Dan and Sergio for sharing the documents. I will read them and
add the data and assumptions in summarizing documents where necessary.
Best regards,
Kenji


On Thu, Sep 24, 2020 at 9:27 AM Sergio Castellanos Rodriguez <
sergioc at berkeley.edu> wrote:

> Following up on this, the attached report (2019, with 2018 data) also has
> some extensive list of costs breakdown for multiple technologies based on
> deployed projects.
>
> See for example a summary of costs in pages 36-37.
>
> Also note that in p. 79 they state they use a discount rate of 7.6%
>
> On Thu, Sep 24, 2020 at 1:36 AM Daniel M. KAMMEN <kammen at berkeley.edu>
> wrote:
>
>> Here is a great starting point on storage costs.
>>
>> 2 years dated (2019 publication, 2018 dara), but comprehensive.
>>
>> Schmidt, O., Melchior, S., Hawkes, A., Staffell, I., 2019a. Projecting
>> the future levelized cost of electricity
>>
>> storage technologies. Joule 3 (1), 81!100.
>>
>> Summarized in our table 8.3 in the attached Kittner et al chapter, too.
>>
>> dan
>>
>> On Wed, Sep 23, 2020 at 12:03 AM Sarah Kurtz <skurtz at ucmerced.edu> wrote:
>>
>>> Hi, Kenji,
>>>
>>>
>>>
>>> This is a super nice summary.
>>>
>>>
>>>
>>> I’m getting somewhat different results from the ATB.
>>>
>>>
>>>
>>> First, we might talk about whether 7% is still the right number for the
>>> discount rate.
>>>
>>> But, when I annualize the ATB numbers, I get substantially lower numbers
>>> than you do.  I wonder if we are using different versions.
>>>
>>> I see Capex in $/kW for 4 hr battery and 2 hr batteries in cells M10 to
>>> AR16.
>>>
>>> Then, I see that someone has used those numbers to derive both $/kWh and
>>> $/kW with those being listed in cells AX10 through something like BT22.
>>>
>>> If I use the 4 hr battery numbers I get something like what you get, but
>>> if I use the $/kWh and $/kW that are on the far right, I get different
>>> numbers.
>>>
>>>
>>>
>>> Sarah
>>>
>>>
>>>
>>> *From: *LDES-coremodel <ldes-coremodel-bounces at lists.ucmerced.edu> on
>>> behalf of Kenji Shiraishi <kenjis at berkeley.edu>
>>> *Date: *Tuesday, September 22, 2020 at 11:40 PM
>>> *To: *"ldes-coremodel at lists.ucmerced.edu" <
>>> ldes-coremodel at lists.ucmerced.edu>
>>> *Subject: *[LDES-coremodel] Battery storage cost projections
>>>
>>>
>>>
>>> Hi all,
>>>
>>>
>>>
>>> I have summarized the battery storage cost projection of NREL ATB 2020
>>> as attached.
>>>
>>> It would be great if you could skim it before our regular meeting.
>>>
>>>
>>>
>>> Based on their scenario description, Moderate scenario seems appropriate
>>> as the base case scenario of SWITCH. Costs in Moderate scenario is about
>>> 2/3 of current SWITCH model. It is partly because of the difference in
>>> lifetime (ATB assumes 15 years, while SWITCH assumes 10 years.)
>>>
>>>
>>>
>>> The costs inputs of RESOLVE are much lower than those in Advanced
>>> scenarios of ATB. I would like to talk about the units of the cost inputs
>>> in the next meeting.
>>>
>>>
>>>
>>> Best regards,
>>>
>>> Kenji
>>>
>>>
>>> ---
>>> Kenji Shiraishi
>>>
>>> Researcher,
>>> Renewable and Appropriate Energy Laboratory (RAEL)
>>> 450 Sutardja Dai Hall
>>> Ph.D. student, Goldman School of Public Policy (GSPP)
>>> University of California, Berkeley
>>>
>>> https://rael.berkeley.edu/people/shiraishi-kenji/
>>>
>>> https://www.kenjishiraishi.com/
>>> _______________________________________________
>>> LDES-coremodel mailing list
>>> LDES-coremodel at lists.ucmerced.edu
>>> https://lists.ucmerced.edu/mailman/listinfo/ldes-coremodel
>>>
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>
>
> --
> Sergio Castellanos, Ph.D.
> Director, Berkeley–México Energy & Climate Change Initiative | CIEE
> Data Science Fellow | D-Lab
> University of California, Berkeley
> tel. +1(520)-461-3266
> twitter: @sergiocasterdz
> sergiocastellanos.com
>
>
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