Heat source and application-dependent levelized cost of decarbonized heat

Date Published
01/2023
Publication Type
Journal Article
Authors
DOI
10.1016/j.joule.2022.11.006
Abstract

Cost-effective decarbonization ofheat,thedominantend-useofenergy globally, is a grand scientific and technological challenge. Despite its importance, a technoeconomic framework to comparatively evaluate heat sources has not received the same attention asthelevelizedcostofelectricity(LCOE).Here,wedevelopageneralizable framework for calculating the levelized cost of heat (LCOH) for arbitrary heat sources andheatingapplicationswhile accounting for carbonmitigation.Wedemonstratetheframeworkthroughcase studies that span seven heat sources and four applications at temperatures ranging from 80C to 1,200C, using representative values from across the United States. We project costs toward 2050andsuggestseveral insights and research directions. Notably, natural gas is likely the cheapest heat source in the United States even after paying for carbon capture, and dramatic reductions in the cost and availability of renewable energy and energy storage are needed to enable cost- and emissions-favorable electrification.

Journal
Joule
Volume
7
Year of Publication
2023
Issue
1
Pagination
128 - 149
ISSN Number
25424351
URL
Short Title
Joule
Refereed Designation
Refereed
Organizations
Research Areas
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