IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v3y2011i12p2339-2357d15147.html
   My bibliography  Save this article

Deriving an Improved Dynamic EROI to Provide Better Information for Energy Planners

Author

Listed:
  • Ioannis N. Kessides

    (The World Bank, 1818 H Street, NW, Washington, DC 20433, USA)

  • David C. Wade

    (Argonne National Laboratory, 9700 S. Cass Avenue, Argonne, IL 60439, USA)

Abstract

The two most frequently quantified metrics of net energy analysis–the energy return on (energy) investment and the energy payback period–do not capture the growth rate potential of an energy supply infrastructure. This is because the analysis underlying these metrics is essentially static–all energy inputs and outputs are treated the same, regardless of where they occur in the life cycle of the infrastructure. We develop a dynamic energy analysis framework to model the growth potential of alternative electricity supply infrastructures. An additional figure of merit, the infrastructure doubling time, is introduced. This metric highlights the critical importance of the time phasing of the initial energy investment for emplacing a given infrastructure, as opposed to the ongoing O&M energy expenditures, for the infrastructure’s growth potential. The doubling time metric also captures the influence of capacity factor, licensing and construction time lags.

Suggested Citation

  • Ioannis N. Kessides & David C. Wade, 2011. "Deriving an Improved Dynamic EROI to Provide Better Information for Energy Planners," Sustainability, MDPI, vol. 3(12), pages 1-19, December.
  • Handle: RePEc:gam:jsusta:v:3:y:2011:i:12:p:2339-2357:d:15147
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/3/12/2339/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/3/12/2339/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Charles A. S. Hall & Stephen Balogh & David J.R. Murphy, 2009. "What is the Minimum EROI that a Sustainable Society Must Have?," Energies, MDPI, vol. 2(1), pages 1-23, January.
    2. Delucchi, Mark A. & Jacobson, Mark Z., 2011. "Providing all global energy with wind, water, and solar power, Part II: Reliability, system and transmission costs, and policies," Energy Policy, Elsevier, vol. 39(3), pages 1170-1190, March.
    3. Utamura, Motoaki, 2005. "Analytical model of carbon dioxide emission with energy payback effect," Energy, Elsevier, vol. 30(11), pages 2073-2088.
    4. Mathur, Jyotirmay & Bansal, Narendra Kumar & Wagner, Hermann-Joseph, 2004. "Dynamic energy analysis to assess maximum growth rates in developing power generation capacity: case study of India," Energy Policy, Elsevier, vol. 32(2), pages 281-287, January.
    5. Munro, John H., 2002. "Industrial energy from water-mills in the European economy, 5th to 18th Centuries: the limitations of power," MPRA Paper 11027, University Library of Munich, Germany, revised Jun 2002.
    6. David Murphy & Charles Hall & Bobby Powers, 2011. "New perspectives on the energy return on (energy) investment (EROI) of corn ethanol," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 13(1), pages 179-202, February.
    7. Gagnon, Luc, 2008. "Civilisation and energy payback," Energy Policy, Elsevier, vol. 36(9), pages 3317-3322, September.
    8. Kubiszewski, Ida & Cleveland, Cutler J. & Endres, Peter K., 2010. "Meta-analysis of net energy return for wind power systems," Renewable Energy, Elsevier, vol. 35(1), pages 218-225.
    9. Jacobson, Mark Z. & Delucchi, Mark A., 2011. "Providing all global energy with wind, water, and solar power, Part I: Technologies, energy resources, quantities and areas of infrastructure, and materials," Energy Policy, Elsevier, vol. 39(3), pages 1154-1169, March.
    10. Berndt, Ernst R., 1982. "From technocracy to net energy analysis : engineers, economists and recurring energy theories of value," Working papers 1353-82., Massachusetts Institute of Technology (MIT), Sloan School of Management.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Tello, E. & Galán, E. & Sacristán, V. & Cunfer, G. & Guzmán, G.I. & González de Molina, M. & Krausmann, F. & Gingrich, S. & Padró, R. & Marco, I. & Moreno-Delgado, D., 2016. "Opening the black box of energy throughputs in farm systems: A decomposition analysis between the energy returns to external inputs, internal biomass reuses and total inputs consumed (the Vallès Count," Ecological Economics, Elsevier, vol. 121(C), pages 160-174.
    2. Charles Neumeyer & Robert Goldston, 2016. "Dynamic EROI Assessment of the IPCC 21st Century Electricity Production Scenario," Sustainability, MDPI, vol. 8(5), pages 1-15, April.
    3. Solé, J. & Samsó, R. & García-Ladona, E. & García-Olivares, A. & Ballabrera-Poy, J. & Madurell, T. & Turiel, A. & Osychenko, O. & Álvarez, D. & Bardi, U. & Baumann, M. & Buchmann, K. & Capellán-Pérez,, 2020. "Modelling the renewable transition: Scenarios and pathways for a decarbonized future using pymedeas, a new open-source energy systems model," Renewable and Sustainable Energy Reviews, Elsevier, vol. 132(C).
    4. Tzen-Ying Ling & Wei-Kai Hung & Chun-Tsu Lin & Michael Lu, 2020. "Dealing with Green Gentrification and Vertical Green-Related Urban Well-Being: A Contextual-Based Design Framework," Sustainability, MDPI, vol. 12(23), pages 1-24, November.
    5. Graham Palmer, 2012. "Does Energy Efficiency Reduce Emissions and Peak Demand? A Case Study of 50 Years of Space Heating in Melbourne," Sustainability, MDPI, vol. 4(7), pages 1-36, July.
    6. Flavio R. Arroyo M. & Luis J. Miguel, 2019. "The Trends of the Energy Intensity and CO 2 Emissions Related to Final Energy Consumption in Ecuador: Scenarios of National and Worldwide Strategies," Sustainability, MDPI, vol. 12(1), pages 1-21, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Carey W. King, 2015. "Comparing World Economic and Net Energy Metrics, Part 3: Macroeconomic Historical and Future Perspectives," Energies, MDPI, vol. 8(11), pages 1-24, November.
    2. Dupont, Elise & Koppelaar, Rembrandt & Jeanmart, Hervé, 2018. "Global available wind energy with physical and energy return on investment constraints," Applied Energy, Elsevier, vol. 209(C), pages 322-338.
    3. Lina I. Brand-Correa & Paul E. Brockway & Claire L. Copeland & Timothy J. Foxon & Anne Owen & Peter G. Taylor, 2017. "Developing an Input-Output Based Method to Estimate a National-Level Energy Return on Investment (EROI)," Energies, MDPI, vol. 10(4), pages 1-21, April.
    4. Coilín ÓhAiseadha & Gerré Quinn & Ronan Connolly & Michael Connolly & Willie Soon, 2020. "Energy and Climate Policy—An Evaluation of Global Climate Change Expenditure 2011–2018," Energies, MDPI, vol. 13(18), pages 1-49, September.
    5. Davidsson, Simon & Grandell, Leena & Wachtmeister, Henrik & Höök, Mikael, 2014. "Growth curves and sustained commissioning modelling of renewable energy: Investigating resource constraints for wind energy," Energy Policy, Elsevier, vol. 73(C), pages 767-776.
    6. Hu, Yan & Hall, Charles A.S. & Wang, Jianliang & Feng, Lianyong & Poisson, Alexandre, 2013. "Energy Return on Investment (EROI) of China's conventional fossil fuels: Historical and future trends," Energy, Elsevier, vol. 54(C), pages 352-364.
    7. Lowe, R.J. & Drummond, P., 2022. "Solar, wind and logistic substitution in global energy supply to 2050 – Barriers and implications," Renewable and Sustainable Energy Reviews, Elsevier, vol. 153(C).
    8. Nugent, Daniel & Sovacool, Benjamin K., 2014. "Assessing the lifecycle greenhouse gas emissions from solar PV and wind energy: A critical meta-survey," Energy Policy, Elsevier, vol. 65(C), pages 229-244.
    9. García-Olivares, Antonio & Ballabrera-Poy, Joaquim & García-Ladona, Emili & Turiel, Antonio, 2012. "A global renewable mix with proven technologies and common materials," Energy Policy, Elsevier, vol. 41(C), pages 561-574.
    10. David Gattie & Michael Hewitt, 2023. "National Security as a Value-Added Proposition for Advanced Nuclear Reactors: A U.S. Focus," Energies, MDPI, vol. 16(17), pages 1-26, August.
    11. Maruf, Md. Nasimul Islam, 2021. "Open model-based analysis of a 100% renewable and sector-coupled energy system–The case of Germany in 2050," Applied Energy, Elsevier, vol. 288(C).
    12. Kevin Ummel & Charles Fant, 2014. "Planning for Large-Scale Wind and Solar Power in South Africa: Identifying Cost-Effective Deployment Strategies Through Spatiotemporal Modelling," WIDER Working Paper Series wp-2014-121, World Institute for Development Economic Research (UNU-WIDER).
    13. Burak Atakan, 2019. "Compression–Expansion Processes for Chemical Energy Storage: Thermodynamic Optimization for Methane, Ethane and Hydrogen," Energies, MDPI, vol. 12(17), pages 1-21, August.
    14. Griffiths, Steven, 2017. "A review and assessment of energy policy in the Middle East and North Africa region," Energy Policy, Elsevier, vol. 102(C), pages 249-269.
    15. Lenzen, Manfred & McBain, Bonnie & Trainer, Ted & Jütte, Silke & Rey-Lescure, Olivier & Huang, Jing, 2016. "Simulating low-carbon electricity supply for Australia," Applied Energy, Elsevier, vol. 179(C), pages 553-564.
    16. Mediavilla, Margarita & de Castro, Carlos & Capellán, Iñigo & Javier Miguel, Luis & Arto, Iñaki & Frechoso, Fernando, 2013. "The transition towards renewable energies: Physical limits and temporal conditions," Energy Policy, Elsevier, vol. 52(C), pages 297-311.
    17. Ronnie D. Lipschutz & Dustin Mulvaney, 2013. "The road not taken, round II: centralized vs. distributed energy strategies and human security," Chapters, in: Hugh Dyer & Maria Julia Trombetta (ed.), International Handbook of Energy Security, chapter 22, pages 483-506, Edward Elgar Publishing.
    18. Lacchini, Corrado & Rüther, Ricardo, 2015. "The influence of government strategies on the financial return of capital invested in PV systems located in different climatic zones in Brazil," Renewable Energy, Elsevier, vol. 83(C), pages 786-798.
    19. Peter Lund, 2012. "The European Union challenge: integration of energy, climate, and economic policy," Wiley Interdisciplinary Reviews: Energy and Environment, Wiley Blackwell, vol. 1(1), pages 60-68, July.
    20. Firth, Anton & Zhang, Bo & Yang, Aidong, 2019. "Quantification of global waste heat and its environmental effects," Applied Energy, Elsevier, vol. 235(C), pages 1314-1334.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:3:y:2011:i:12:p:2339-2357:d:15147. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.