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Documentation of the analysis of the benefits and costs of aeronautical research and technology models, volume 1

The analysis of the benefits and costs of aeronautical research and technology (ABC-ART) models are documented. These models were developed by NASA for use in analyzing the economic feasibility of applying advanced aeronautical technology to future civil aircraft. The methodology is composed of three major modules: fleet accounting module, airframe manufacturing module, and air carrier module. The fleet accounting module is used to estimate the number of new aircraft required as a function of time to meet demand. This estimation is based primarily upon the expected retirement age of existing aircraft and the expected change in revenue passenger miles demanded. Fuel consumption estimates are also generated by this module. The airframe manufacturer module is used to analyze the feasibility of the manufacturing the new aircraft demanded. The module includes logic for production scheduling and estimating manufacturing costs. For a series of aircraft selling prices, a cash flow analysis is performed and a rate of return on investment is calculated. The air carrier module provides a tool for analyzing the financial feasibility of an airline purchasing and operating the new aircraft. This module includes a methodology for computing the air carrier direct and indirect operating costs, performing a cash flow analysis, and estimating the internal rate of return on investment for a set of aircraft purchase prices.

Bobick, J. C.↗

General methodology: Costing, budgeting, and techniques for benefit-cost and cost-effectiveness analysis

The general concepts of costing, budgeting, and benefit-cost ratio and cost-effectiveness analysis are discussed. The three common methods of costing are presented. Budgeting distributions are discussed. The use of discounting procedures is outlined. The benefit-cost ratio and cost-effectiveness analysis is defined and their current application to NASA planning is pointed out. Specific practices and techniques are discussed, and actual costing and budgeting procedures are outlined. The recommended method of calculating benefit-cost ratios is described. A standardized method of cost-effectiveness analysis and long-range planning are also discussed.

Stretchberry, D. M.↗

Study for analysis of benefit versus cost of low thrust propulsion system

The benefits and costs associated with placing large space systems (LSS) in operational orbits were investigated, and a flexible computer model for analyzing these benefits and costs was developed. A mission model for LSS was identified that included both NASA/Commercial and DOD missions. This model included a total of 68 STS launches for the NASA/Commercial missions and 202 launches for the DOD missions. The mission catalog was of sufficient depth to define the structure type, mass and acceleration limits of each LSS. Conceptual primary propulsion stages (PPS) designs for orbital transfer were developed for three low thrust LO2/LH2 engines baselined for the study. The performance characteristics for each of these PPS was compared to the LSS mission catalog to create a mission capture. The costs involved in placing the LSS in their operational orbits were identified. The two primary costs were that of the PPS and of the STS launch. The cost of the LSS was not included as it is not a function of the PPS performance. The basic relationships and algorithms that could be used to describe the costs were established. The benefit criteria for the mission model were also defined. These included mission capture, reliability, technical risk, development time, and growth potential. Rating guidelines were established for each parameter. For flexibility, each parameter is assigned a weighting factor.

Hamlyn, K. M.↗

Business Case Analysis for Digital Safety-Related Instrumentation & Control System Modernizations

The commercial nuclear sector faces unprecedented financial challenges driven by low natural gas prices and subsidized renewables in a marketplace that does not reward carbon-free baseload capacity. These circumstances, along with increasingly antiquated labor-centric operating models and analog technology, have forced the premature closure of multiple nuclear facilities and placed a much larger population of nuclear power stations at risk. Nuclear plant economic survival in current and forecasted market conditions requires an efficient and technology-centric operating model that harvests the native efficiencies of advanced technology. This is analogous to transformations in nearly every other industry. In light of previous industry experience in modernizing safety Instrumentation and Controls (I&C) systems, nuclear utilities are reluctant to pursue these upgrades due to uncertainty in licensing and cost.

22 GENERAL STUDIES OF NUCLEAR REACTORS↗

Business Case Analysis for Digital Safety-Related Instrumentation & Control System Modernizations

This LWRS research seeks to assist in breaking the impasse which has precluded digital safety system upgrades by generating and demonstrating a process and related business case tool to enable a Business Case Analysis (BCA). The purpose of a BCA is to show such upgrades can be economically justified. This BCA methodology first systematically establishes a forecast of expected lifecycle costs for I&C identified for upgrade by: • Definitively bounding the scope of current I&C systems envisioned for upgrade. • Collecting historical labor and material usage data that bound cost contributors related to the systems to be upgraded. • Synthesizing and analyzing the data to establish lifecycle cost forecasts for the current systems. In collaboration with engineers familiar with the attributes of the digital equipment to be used in the upgrade and how it is envisioned to be applied, cost savings categories and expected savings in those categories are then identified and applied using the analysis tools developed for this purpose. The result is an estimate NPV of savings enabled by the upgrade. This includes both direct cost savings (e.g., surveillance labor costs) as well as cost avoidance items (e.g., inventory carrying costs). Finally, when utility-provided digital upgrade costs estimates are included, the resultant BCA provides an NPV for the upgrade project. Development of a useful BCA methodology requires a real-world basis. With the cooperation of Exelon Generation (“Owner”), an Exelon-owned 2-Unit BWR Station (“Station”) was used as the foundation for this research. Exelon is pursuing a digital upgrade of current, first-echelon, safety-related I&C systems at these units, including the following: • Reactor Protection System (RPS) • Nuclear Steam Supply Shutoff System (N4S) • Emergency Core Cooling Systems (ECCS) • Anticipated Transient Without Scram (ATWS) Mitigation System

22 GENERAL STUDIES OF NUCLEAR REACTORS↗

A method for the analysis of the benefits and costs for aeronautical research and technology

A relatively simple, consistent, and reasonable methodology for performing cost-benefit analyses which can be used to guide, justify, and explain investments in aeronautical research and technology is presented. The elements of this methodology (labeled ABC-ART for the Analysis of the Benefits and Costs of Aeronautical Research and Technology) include estimation of aircraft markets; manufacturer costs and return on investment versus aircraft price; airline costs and return on investment versus aircraft price and passenger yield; and potential system benefits--fuel savings, cost savings, and noise reduction. The application of this methodology is explained using the introduction of an advanced turboprop powered transport aircraft in the medium range market in 1978 as an example.

Williams, L. J.↗

Panel Session 35: Strategies and Successes in Increasing Efficiency and Reducing Cost to Accelerate Work While Maintaining Operational Excellence (R1.5)

This panel focused on results-based project execution and ways to improve the effectiveness of large radioactive clean-up site operations while increasing efficiency and reducing cost. Panelists discussed best practices and lessons learned from their sites and projects as they work within budgetary, resource and technological constraints. Panelist with presentations: CNS Journey (Morgan Smith)

12 MANAGEMENT OF RADIOACTIVE AND NON-RADIOACTIVE W↗

Analysis of satellite servicing cost benefits

Under the auspices of NASA/JSC a methodology was developed to estimate the value of satellite servicing to the user community. Time and funding precluded the development of an exhaustive computer model; instead, the concept of Design Reference Missions was involved. In this approach, three space programs were analyzed for various levels of servicing. The programs selected fall into broad categories which include 80 to 90% of the missions planned between now and the end of the century. Of necessity, the extrapolation of the three program analyses to the user community as a whole depends on an average mission model and equivalency projections. The value of the estimated cost benefits based on this approach depends largely on how well the equivalency assumptions and the mission model match the real world. A careful definition of all assumptions permits the analysis to be extended to conditions beyond the scope of this study.

Builteman, H. O.↗

IAC Abstract for Orbital Debris Phase II Report

Orbital debris poses a growing risk for spacecraft operations. This risk has most often been measured by proxies, like the number of debris or expected collisions, but few have attempted quantify the consequences of orbital debris or the costs and benefits of different methods to address the problem. This has made it difficult to assess the trade-offs and relative value among proposed actions for the mitigation, tracking, and remediation of debris. In March of 2023, the NASA Office of Technology, Policy, and Strategy (OTPS) took a step toward quantifying these relative values when we released Cost and Benefit Analysis of Orbital Debris Remediation. Since that time, OTPS has continued to build on this work. We have increased the fidelity of our risk model. For example, we added an ensemble of risk models that use varying assumptions of debris populations and lethality, included debris as small as 1mm, and incorporated atmospheric drag to naturally deorbit debris. We have also expanded our cost-benefit calculations to include action that mitigate and track debris, both large and small. The analysis has several important findings regarding the conditions under which debris remediation is more cost-effective than mitigation and tracking, the value of increased shielding of spacecraft and faster timelines for post-mission disposal, and how changes in the portfolio have interdependent effects. This presentation summarizes the body of work, with a particular focus on the risks and benefits to the global spacecraft population.

orbital debris↗

Scaled Implementation of Smart Charge Management for Electric Vehicles

Smart charge management (SCM) has become a critical strategy for mitigating potential grid impacts and reducing electricity costs for all customers. This study will evaluate the economics of implementing light-duty EV SCM at scale across the United States. This work will enhance distribution system analysis by estimating SCM implementation costs, exploring viable business cases, and developing a framework for national-level applications. The primary methodology involves leveraging detailed grid modeling from a specific service territory and using spatial extrapolation techniques to generalize findings to other regions. The analysis will develop key metrics to quantify the costs and benefits of SCM, including implementation costs relative to strategy and scale, the cost of distribution system upgrades with and without SCM, and the percentage of peak-load reduction. The objective is to produce a comprehensive report and a parameterized framework that enables utilities to self-assess the value of SCM in their own service territories. This will support the development of cost-effective charging strategies, accelerate the energization of new EV chargers, and facilitate the seamless integration of EVs into the nation's power grid.

24 POWER TRANSMISSION AND DISTRIBUTION↗

The economic and environmental costs and benefits of the renewable fuel standard

Abstract Mandates, like the renewable fuel standard (RFS), for biofuels from corn and cellulosic feedstocks, impact the environment in multiple ways by affecting land use, nitrogen (N)-leakage, and greenhouse gas (GHG) emissions. We analyze the differing trade-offs these different types of biofuels offer among these multi-dimensional environmental effects and convert them to a monetized value of environmental damages (or benefits) that can be compared with the economic costs of extending these mandates over the 2016–2030 period. The discounted values of cumulative net benefits (or costs) are then compared to those with a counterfactual level of biofuels that would have been produced in the absence of the RFS over this period. We find that maintaining the corn ethanol mandate at 56 billion l till 2030 will lead to a discounted cumulative value of an economic cost of $199 billion over the 2016–2030 period compared to the counterfactual scenario; this includes $109 billion of economic costs and $85 billion of net monetized environmental damages. The additional implementation of a cellulosic biofuel mandate for 60 billion l by 2030 will increase this economic cost by $69 billion which will be partly offset by the net discounted monetized value of environmental benefits of $20 billion, resulting in a net cost of $49 billion over the 2016–2030 period. We explore the sensitivity of these net (economic and environmental) costs to alternative values of the social costs of carbon and nitrogen and other technological and market parameters. We find that, unlike corn ethanol, cellulosic biofuels can result in positive net benefits if the monetary benefits of GHG mitigation are valued high and those of N-damages are not very high.

54 ENVIRONMENTAL SCIENCES↗

The Cost and Benefit of Enhancing Cybersecurity for Hybrid AC/DC Grids

As critical interfaces of AC grids and DC grids inside a hybrid AC/DC grid, the voltage-sourced-converter (VSC) has been demonstrated to be vulnerable to false data injection (FDI) cyber-attacks. As a result, the cyber-attack-induced AC grid frequency deviations and DC grid voltage deviations threaten the secure operation. Here, to enhance cybersecurity in a not only feasible but also cost-effective manner, this paper proposes a cost-benefit-based cyber-defense strategy for a hybrid AC/DC grid. First, this paper establishes a spatial-temporal dual cyber-attack evaluation model, in which the cyber-attack-induced frequency and voltage deviations are modelled in both a spatially and temporally dual manner. Then, the proposed cost-benefit-based cyber-defense strategy is modelled as a VSC commitment problem to achieve the trade-off between maximizing the cyber-defense benefits and minimizing the cyber-defense costs. The VSC commitment problem is then mathematically convexified into a mixed-integer second-order cone programming (MISOCP) problem, which could be efficiently solved in an event-triggered manner against unfolding cyber-attack events. Simulation results on a test hybrid AC/DC grid verified the feasibility and the cost-effectiveness of the proposed cyber-defense strategy.

cost-benefit analysis↗

BEPAM Model Code and CABBI Simulation Results for "The Economic and Environmental Costs and Benefits of the Renewable Fuel Standard"

This dataset contains BEPAM model code and input data to replicate the outcomes for "The Economic and Environmental Costs and Benefits of the Renewable Fuel Standard". The dataset consists of: (1) The replication codes and data for the BEPAM model. The code file is named as output.gms. (BEPAM-Social cost model-ERL.zip) (2) Simulation results from the BEPAM model (BEPAM_Simulation_Results.csv) * Item (1) is in GAMS format. Item (2) is in text format.

Cost-Benefit Analysis↗

Holter monitoring: are two days better than one?

The optimal duration of Holter monitoring (HM) to minimize costs and maximize yield is unknown. In a retrospective review of 164 patients referred to a tertiary care center for evaluation with 2 days of HM, we found that 48 hours was not cost effective when compared with the traditional 24-hour period.

NASA Discipline Cardiopulmonary↗

Diagnostic yield and optimal duration of continuous-loop event monitoring for the diagnosis of palpitations. A cost-effectiveness analysis

BACKGROUND: Continuous-loop event recorders are widely used for the evaluation of palpitations, but the optimal duration of monitoring is unknown. OBJECTIVE: To determine the yield, timing, and incremental cost-effectiveness of each week of event monitoring for palpitations. DESIGN: Prospective cohort study. PATIENTS: 105 consecutive outpatients referred for the placement of a continuous-loop event recorder for the evaluation of palpitations. MEASUREMENTS: Diagnostic yield, incremental cost, and cost-effectiveness for each week of monitoring. RESULTS: The diagnostic yield of continuous-loop event recorders was 1.04 diagnoses per patient in week 1, 0.15 diagnoses per patient in week 2, and 0.01 diagnoses per patient in week 3 and beyond. Over time, the cost-effectiveness ratio increased from $98 per new diagnosis in week 1 to $576 per new diagnosis in week 2 and $5832 per new diagnosis in week 3. CONCLUSIONS: In patients referred for evaluation of palpitations, the diagnostic yield of continuous-loop event recording decreases rapidly after 2 weeks of monitoring. A 2-week monitoring period is reasonably cost-effective for most patients and should be the standard period for continuous-loop event recording for the evaluation of palpitations.

NASA Discipline Cardiopulmonary↗

The Aviation System Analysis Capability Air Carrier Cost-Benefit Model

To meet its objective of assisting the U.S. aviation industry with the technological challenges of the future, NASA must identify research areas that have the greatest potential for improving the operation of the air transportation system. Therefore, NASA is developing the ability to evaluate the potential impact of various advanced technologies. By thoroughly understanding the economic impact of advanced aviation technologies and by evaluating how the new technologies will be used in the integrated aviation system, NASA aims to balance its aeronautical research program and help speed the introduction of high-leverage technologies. To meet these objectives, NASA is building the Aviation System Analysis Capability (ASAC). NASA envisions ASAC primarily as a process for understanding and evaluating the impact of advanced aviation technologies on the U.S. economy. ASAC consists of a diverse collection of models and databases used by analysts and other individuals from the public and private sectors brought together to work on issues of common interest to organizations in the aviation community. ASAC also will be a resource available to the aviation community to analyze; inform; and assist scientists, engineers, analysts, and program managers in their daily work. The ASAC differs from previous NASA modeling efforts in that the economic behavior of buyers and sellers in the air transportation and aviation industries is central to its conception. Commercial air carriers, in particular, are an important stakeholder in this community. Therefore, to fully evaluate the implications of advanced aviation technologies, ASAC requires a flexible financial analysis tool that credibly links the technology of flight with the financial performance of commercial air carriers. By linking technical and financial information, NASA ensures that its technology programs will continue to benefit the user community. In addition, the analysis tool must be capable of being incorporated into the wide-ranging suite of economic and technical models that comprise ASAC. This report describes an Air Carrier Cost-Benefit Model (CBM) that meets these requirements. The ASAC CBM is distinguished from many of the aviation cost-benefit models by its exclusive focus on commercial air carriers. The model considers such benefit categories as time and fuel savings, utilization opportunities, reliability and capacity enhancements, and safety and security improvements. The model distinguishes between benefits that are predictable and those that occur randomly. By making such a distinction, the model captures the ability of air carriers to reoptimize scheduling and crew assignments for predictable benefits. In addition, the model incorporates a life-cycle cost module for new technology, which applies the costs of nonrecurring acquisitions, recurring maintenance and operation, and training to each aircraft equipment type independently.

Gaier, Eric M.↗

Techno-Economic Studies for Pumped Storage Hydropower (Final CRADA Report)

The research focused on estimating the value of various services and contributions that pumped storage hydropower (PSH) provides to the grid, especially in locations characterized by high penetration of variable renewable energy resources. Under this CRADA, the Participant provided the Contractors with non-proprietary data and information on the proposed Banner Mountain PSH project that describe project’s technoeconomic and environmental characteristics, planned market and business models, and other relevant information necessary to describe the proposed project and its planned operations. The Contractors analyzed this information and performed various technoeconomic studies to estimate the value of different services and contributions that PSH project could provide to the grid. The outcome of this CRADA was a detailed technoeconomic analysis conducted in a comprehensive cost–benefit and decision analysis framework.

13 HYDRO ENERGY↗

Geo-temporal patterns to design cost-effective interventions for zoonotic diseases -the case of brucellosis in the country of Georgia

Control of zoonosis can benefit from geo-referenced procedures. Focusing on brucellosis, here the ability of two methods to distinguish disease dissemination patterns and promote cost-effective interventions was compared. Geographical data on bovine, ovine and human brucellosis reported in the country of Georgia between 2014 and 2019 were investigated with (i) the Hot Spot (HS) analysis and (ii) a bio-geographical (BG) alternative. More than one fourth of all sites reported cases affecting two or more species. While ruminant cases displayed different patterns over time, most human cases described similar geo-temporal features, which were associated with the route used by migrant shepherds. Other human cases showed heterogeneous patterns. The BG approach identified small areas with a case density twice as high as the HS method. The BG method also identified, in 2018, a 2.6–2.99 higher case density in zoonotic (human and non-human) sites than in non-zoonotic sites (which only reported cases affecting a single species) –a finding that, if corroborated, could support cost-effective policy-making. Three dissemination hypotheses were supported by the data: (i) human cases induced by sheep-related contacts; (ii) human cases probably mediated by contaminated milk or meat; and (iii) cattle and sheep that infected one another. This proof-of-concept provided a preliminary validation for a method that may support cost-effective interventions oriented to control zoonoses. To expand these findings, additional studies on zoonosis-related decision-making are recommended.

60 APPLIED LIFE SCIENCES↗