Introducing the 2022 Electricity Annual Technology Baseline

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Introducing the 2022 Electricity Annual Technology Baseline
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This Year’s Annual Technology Baseline, Including Distributed Wind and Pumped Storage Hydropower Supply Curve Data for the First Time

, NREL’s partnership with the Los Angeles Department of Water and Power to explore the costs of reaching 100% renewable electricity.For the first time, the 2022 Electricity ATB includes distributed wind and pumped storage hydropower supply curve data, along with the annual cost and performance updates to all technologies.— a highly detailed, comprehensive analysis of opportunities for widespread U.S. deployment of distributed wind in 2035.

— a three-year effort conducted by NREL with funding from DOE. Pumped storage hydropower accounts for nearly 95% of U.S. energy storage capacity, but it has been difficult to model how many new systems are feasible or where they could be built because they are generally located far from electricity demand. NREL’s new national pumped storage hydropower resource potential data set applies land use and cost filters — showing tens of thousands of potential U.S.

Details on historical trends, current estimates, and future projections of three primary cost and performance factors: capital expenditures, capacity factor, and operations and maintenance cost. Documentation of the methodology and assumptions used to develop the projections of future cost and performance under conservative-, moderate-, and advanced technology innovation scenarios.

Discussion of the calculation of levelized cost of energy to illustrate the combined effects of the primary cost and performance factors, using two different sets of financing assumptions.To discuss the analytical products included in the 2022 Electricity ATB in greater detail, join a free NREL webinar with the ATB team at 9–11 a.m. MT on Tuesday, June 28.

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