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Dynamic EROI Assessment of the IPCC 21st Century Electricity Production Scenario

Author

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  • Charles Neumeyer

    () (Princeton Plasma Physics Laboratory, Princeton University, P.O. Box 451, Princeton, NJ 08543, USA)

  • Robert Goldston

    () (Princeton Plasma Physics Laboratory, Princeton University, P.O. Box 451, Princeton, NJ 08543, USA)

Abstract

The Energy Return on Investment (EROI) is an important measure of the energy gain of an 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. Our analytic tool provides the means for evaluation of dynamic EROI based on arbitrary time-dependent demand scenarios by modeling 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.

Suggested Citation

  • Charles Neumeyer & Robert Goldston, 2016. "Dynamic EROI Assessment of the IPCC 21st Century Electricity Production Scenario," Sustainability, MDPI, Open Access Journal, vol. 8(5), pages 1-15, April.
  • Handle: RePEc:gam:jsusta:v:8:y:2016:i:5:p:421-:d:69153
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    References listed on IDEAS

    as
    1. Bhandari, Khagendra P. & Collier, Jennifer M. & Ellingson, Randy J. & Apul, Defne S., 2015. "Energy payback time (EPBT) and energy return on energy invested (EROI) of solar photovoltaic systems: A systematic review and meta-analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 47(C), pages 133-141.
    2. Weißbach, D. & Ruprecht, G. & Huke, A. & Czerski, K. & Gottlieb, S. & Hussein, A., 2013. "Energy intensities, EROIs (energy returned on invested), and energy payback times of electricity generating power plants," Energy, Elsevier, vol. 52(C), pages 210-221.
    3. Ioannis N. Kessides & David C. Wade, 2011. "Deriving an Improved Dynamic EROI to Provide Better Information for Energy Planners," Sustainability, MDPI, Open Access Journal, vol. 3(12), pages 1-19, December.
    4. Hoogwijk, Monique & de Vries, Bert & Turkenburg, Wim, 2004. "Assessment of the global and regional geographical, technical and economic potential of onshore wind energy," Energy Economics, Elsevier, vol. 26(5), pages 889-919, September.
    5. Schneider, E. & Carlsen, B. & Tavrides, E. & van der Hoeven, C. & Phathanapirom, U., 2013. "Measures of the environmental footprint of the front end of the nuclear fuel cycle," Energy Economics, Elsevier, vol. 40(C), pages 898-910.
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    Citations

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    Cited by:

    1. Atlason, Reynir Smari, 2018. "EROI and the Icelandic society," Energy Policy, Elsevier, vol. 120(C), pages 52-57.
    2. John W. Day & Christopher F. D’Elia & Adrian R. H. Wiegman & Jeffrey S. Rutherford & Charles A. S. Hall & Robert R. Lane & David E. Dismukes, 2018. "The Energy Pillars of Society: Perverse Interactions of Human Resource Use, the Economy, and Environmental Degradation," Biophysical Economics and Resource Quality, Springer, vol. 3(1), pages 1-16, March.

    More about this item

    Keywords

    dynamic EROI; energy payback; electricity generation; climate change;

    JEL classification:

    • Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics
    • Q0 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General
    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q3 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products

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