Economic Feasibility Of Utility-scale Solar Power In The Wake Of The Shale Gas Revolution In North America

التفاصيل البيبلوغرافية
العنوان: Economic Feasibility Of Utility-scale Solar Power In The Wake Of The Shale Gas Revolution In North America
المؤلفون: Shabaneh, Rami
بيانات النشر: Sustainable Energy Development
Environmental Design
Graduate Studies
Haskayne School of Business
Law
Schulich School of Engineering
University of Calgary
سنة النشر: 2014
المجموعة: PRISM - University of Calgary Digital Repository
الوصف: The advancement in horizontal drilling and hydraulic fracturing has unlocked natural gas that was once trapped in deep, thick shale formations providing an abundant supply and cheap source of energy. The technology has become so widespread in North America, and adopted globally, that the International Energy Agency (IEA) has dubbed this era as the “Golden Age of Gas”. The IEA has also pointed to the risk that governments might waiver their support for renewable energy as utility companies rush to take advantage of the low cost fuel. In North America, mainly in the United States, many of the subsidies and policies promoting renewable energy are poised to expire adding to the uncertainty on the future of renewable technologies. However renewable energy, particularly solar energy, has seen strong rates of cost declines in the past few years and according to the National Renewable Energy Laboratory (NREL) the potential for further cost reduction are quite substantial for solar photovoltaic (PV) and concentrated solar power (CSP). Natural gas combined cycle (NGCC) power plants, on the other hand, is a mature technology and has seen no significant reduction in capital costs since 2008. This implies that natural gas power plants are vulnerable to natural gas prices, and at some point the full-cycle cost of a NGCC power plant will intersect the declining costs of solar power. The goal of this paper is to investigate the cost reduction potential of utility-scale solar technologies within the next decade and determine the break-even price of natural gas to determine whether solar can reach grid parity in North America without subsidies.
نوع الوثيقة: report
وصف الملف: application/pdf
اللغة: English
العلاقة: Shabaneh, R. (2014). Economic Feasibility Of Utility-scale Solar Power In The Wake Of The Shale Gas Revolution In North America (Unpublished report). University of Calgary, Calgary, AB.; http://dx.doi.org/10.11575/PRISM/35901Test; http://hdl.handle.net/1880/109642Test
DOI: 10.11575/PRISM/35901
الإتاحة: https://doi.org/10.11575/PRISM/35901Test
http://hdl.handle.net/1880/109642Test
حقوق: University of Calgary graduate students retain copyright ownership and moral rights for their thesis. You may use this material in any way that is permitted by the Copyright Act or through licensing that has been assigned to the document. For uses that are not allowable under copyright legislation or licensing, you are required to seek permission.
رقم الانضمام: edsbas.DC4AAD22
قاعدة البيانات: BASE