Search NASA⌕ Search

SEARCH · Search NASA

Results for “economic performance”

Search indexed NASA NTRS and DOE OSTI research on propulsion, heat transfer, battery materials and energy systems. Follow report and document links to the original sources.

Quote a phrase for an exact phrase match. Source license links do not imply unrestricted reuse.

At least 181 records · Page 10

Hybrid renewable energy systems: the value of storage as a function of PV-wind variability

As shares of variable renewable energy (VRE) on the electric grid increase, sources of grid flexibility will become increasingly important for maintaining the reliability and affordability of electricity supply. Lithium-ion battery energy storage has been identified as an important and cost-effective source of flexibility, both by itself and when coupled with VRE technologies like solar photovoltaics (PV) and wind. In this study, we explored the current and future value of utility-scale hybrid energy systems comprising PV, wind, and lithium-ion battery technologies (PV-wind-battery systems). Using a price-taker model with simulated hourly energy and capacity prices, we simulated the revenue-maximizing dispatch of a range of PV-wind-battery configurations across Texas, from the present through 2050. Holding PV capacity and point-of-interconnection capacity constant, we modeled configurations with varying wind-to-PV capacity ratios and battery-to-PV capacity ratios. We found that coupling PV, wind, and battery technologies allows for more effective utilization of interconnection capacity by increasing capacity factors to 60%–80%+ and capacity credits to close to 100%, depending on battery capacity. We also compared the energy and capacity values of PV-wind and PV-wind-battery systems to the corresponding stability coefficient metric, which describes the location-and configuration-specific complementarity of PV and wind resources. Our results show that the stability coefficient effectively predicts the configuration-location combinations in which a smaller battery component can provide comparable economic performance in a PV-wind-battery system (compared to a PV-battery system). These PV-wind-battery hybrids can help integrate more VRE by providing smoother, more predictable generation and greater flexibility.

14 SOLAR ENERGY↗

Economic impact and risk analysis of integrating sustainable aviation fuels into refineries

The growth of the aviation industry coupled with its dependence on energy dense, liquid fuels has brought sustainable aviation fuel (SAF) research to the forefront of the biofuels community. Petroleum refineries will need to decide how to satisfy the projected increase in jet fuel demand with either capital investments to debottleneck current operations or by integrating bio-blendstocks. This work seeks to compare jet production strategies on a risk-adjusted, economic performance basis using Monte-Carlo simulation and refinery optimization models. Additionally, incentive structures aiming to de-risk initial SAF production from the refiner’s perspective are explored. Results show that market sensitive incentives can reduce the financial risks associated with producing SAFs and deliver marginal abatement costs ranging between 136-182 $/Ton-CO2e.

09 BIOMASS FUELS↗

Depletion-driven thermochemistry of molten salt reactors: review, method, and analysis

Molten salt reactors (MSRs) are innovative advanced nuclear reactors that utilize nuclear fuel by dissolving it in a high-temperature liquid salt. This unique feature differentiates MSRs from other types of reactors and allows for enhanced safety and economic performance. The liquid fuel also entails several multiphysics effects that can complicate reactor design and operation. One primary effect termed here as depletion-driven thermochemistry is a driving force in altering the multiphysics behavior of the reactor. Essentially, depletion-driven thermochemistry is the effect that fuel depletion has on changing the chemical redox potential of the fuel salt over time. As the fuel is consumed, the redox potential shifts toward a more oxidizing state. Without active control, the changing chemistry due to depletion increases corrosion thereby limiting reactor component lifetimes. Additionally, the changing redox potential of the fuel salt alters the vapor pressures of chemical species dissolved in the fuel salt. Changing vapor pressures of species in the fuel salt is an important parameter to understand when off-gassing volatile species during normal reactor operation, and for source term characterization during accident scenario transients. The present work represents a fundamental step toward modeling and coupling the driving physics (i.e., neutronics and chemistry) involved in altering the redox potential in an MSR. Here, the neutronic code Griffin models the depletion of the fuel-salt system, while the chemical equilibrium code Thermochimica calculates the thermochemical state of the isotopic inventory, using the Molten Salt Thermodynamic Database - Thermochemical (MSTDB-TC). These two codes are tightly coupled to predict the impact of fuel depletion in altering the chemistry in MSR systems. Redox potential control methods are discussed and can be modeled using this multiphysics approach. The vapor pressures of chemical species that could be extracted to an off-gas system, as determined by the reactor’s thermochemical state, are examined. The neutronics-chemistry coupling developed in this work is expected to have potential application for analyzing corrosion, source term evolution, and material safeguards in MSR systems. Lastly, suggestions for areas of further improvements of the models to expand these capabilities by incorporating other coupled physics effects is provided.

Walker, Samuel A.↗

Development and Implementation of Fault-Correction Algorithms in Fault Detection and Diagnostics Tools

A fault detection and diagnostics (FDD) tool is a type of energy management and information system that continuously identifies the presence of faults and efficiency improvement opportunities through a one-way interface to the building automation system and the application of automated analytics. Building operators on the leading edge of technology adoption use FDD tools to enable median whole-building portfolio savings of 8%. Although FDD tools can inform operators of operational faults, currently an action is always required to correct the faults to generate energy savings. A subset of faults, however, such as biased sensors, can be addressed automatically, eliminating the need for staff intervention. Automating this fault “correction” can significantly increase the savings generated by FDD tools and reduce the reliance on human intervention. Doing so is expected to advance the usability and technical and economic performance of FDD technologies. This paper presents the development of nine innovative fault auto-correction algorithms for Heating, Ventilation, and Air Conditioning pi(HVAC) systems. When the auto-correction routine is triggered, it overwrites control setpoints or other variables to implement the intended changes. It also discusses the implementation of the auto-correction algorithms in commercial FDD software products, the integration of these strategies with building automation systems and their preliminary testing.

field testing↗

Dispatch Optimization, System Design and Cost Benefit Analysis of a Nuclear Reactor with Molten Salt Thermal Storage

Variable renewable energy availability has increased the volatility in energy prices in most markets. Nuclear power plants, with a large ratio of capital to variable costs, have historically operated as base load energy suppliers but the need for more flexible operation is increasing. We simulate the techno-economic performance of a 950 MWt nuclear power plant, based on the Westinghouse lead-cooled fast reactor, coupled with molten salt thermal storage as a method for flexible energy dispatch. We use the System Advisor Model to model the nuclear reactor thermal power input and power cycle operating modes. We combine this robust engineering model with a mixed-integer linear program model for optimized dispatch scheduling. We then simulate the coupled nuclear and thermal storage system under different market scenarios with varying price volatility. We find that the coupled plant outperforms the base plant under markets where energy price peaks fluctuate by a factor of two or more about the mean price. We show that a calculated power purchase agreement price for the plant improves by up to 10% when operating under California energy market conditions. Sensitivity analysis on the thermal storage cost shows that the optimal design remains unchanged even when doubling costs.

25 ENERGY STORAGE↗

Advances in Energy Hybridization for Resilient Supply: A Sustainable Approach to the Growing World Demand

Energy poverty, defined as a lack of access to reliable electricity and reliance on traditional biomass resources for cooking, affects over a billion people daily. The World Health Organization estimates that household air pollution from inefficient stoves causes more premature deaths than malaria, tuberculosis, and HIV/AIDS. Increasing demand for energy has led to dramatic increases in emissions. The need for reliable electricity and limiting emissions drives research on Resilient Hybrid Energy Systems (RHESs), which provide cleaner energy through combining wind, solar, and biomass energy with traditional fossil energy, increasing production efficiency and reliability and reducing generating costs and emissions. Microgrids have been shown as an efficient means of implementing RHESs, with some focused mainly on reducing the environmental impact of electric power generation. The technical challenges of designing, implementing, and applying microgrids involve conducting a cradle-to-grave Life Cycle Analysis (LCA) to evaluate these systems’ environmental and economic performance under diverse operating conditions to evaluate resiliency. A sample RHES was developed and used to demonstrate the implementation in rural applications, where the system can provide reliable electricity for heating, cooling, lighting, and pumping clean water. The model and findings can be utilized by other regions around the globe facing similar challenges.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Techno-Economic Assessment of Residential Heat Pump Integrated with Thermal Energy Storage

Phase change material (PCM)-based thermal energy storage (TES) can provide energy and cost savings and peak demand reduction benefits for grid-interactive residential buildings. Researchers established that these benefits vary greatly depending on the PCM phase change temperature (PCT), total TES storage capacity, system configuration and location and climate of the building. In this study, preliminary techno-economic performance is reported for a novel heat pump (HP)-integrated TES system using an idealized approach. A simplified HP-TES was modeled for 1 year of space heating and cooling loads for a residential building in three different climates in the United States. The vapor compression system of the HP was modified to integrate with TES, and all heat transfer to and from the TES was mediated by the HP. A single PCM was used for heating and cooling, and the PCT and TES capacity were varied to observe their effects on the building’s energy consumption, peak load shifting and cost savings. The maximum reduction in electric consumption, utility cost and peak electric demand were achieved at a PCT of 30 °C for New York City and 20 °C for Houston and Birmingham. Peak energy consumption in Houston, New York City, and Birmingham was reduced by 47%, 53%, and 70%, respectively, by shifting peak load using a time-of-use utility schedule. TES with 170 MJ storage capacity allowed for maximum demand shift from on-peak to off-peak hours, with diminishing returns once the TES capacity equaled the daily building thermal loads experienced during the most extreme ambient conditions.

25 ENERGY STORAGE↗

Techno-Economic Modelling of Tidal Energy Converter Arrays in the Tacoma Narrows

Hydrokinetic tidal energy converter (TEC) technology is yet to become cost competitive with other renewable energy sources. Understanding the interaction between energy production and the costs incurred harvesting that energy may unlock the economic potential of this technology. Although hydrodynamic simulation of TEC arrays has matured over time, including demonstration of how small and large arrays affect the resource, integration of cost modelling is often limited. The advanced ocean energy array techno-economic modelling tool ‘DTOcean’ enables designers to calculate and improve the levelised cost of energy (LCOE) of an array through parametric simulation of the energy extraction, design of the electrical network, moorings and foundations, and simulation of the installation and lifetime operations and maintenance of the array. This work presents a verification of DTOcean’s ability to simulate the techno-economic performance of TEC arrays by reproducing the hypothetical RM1 reference model, a semi-analytical model of a TEC array based in the Tacoma Narrows of Washington state, U.S.A. It is demonstrated that DTOcean can produce a reasonable estimate to the LCOE predicted by the reference model, giving (in Euro cents per kiloWatt hour) 36.69 ¢/kWh against the reference model’s 34.612 ¢/kWh for 10 TECs, while for 50 TECs, DTOcean calculated 20.34 ¢/kWh compared to 17.34 ¢/kWh for the reference model.

Topper, Mathew B. R. (ORCID:0000000347324347)↗

Transonic transports

Sonic boomless transonic transports design, performance, economics and airline routes at Mach 1.2 and 0.98

Goodmanson, L. T.↗

Propulsion technology for an advanced subsonic transport

Engine design studies for future subsonic commercial transport aircraft were conducted in parallel with airframe studies. These studies surveyed a broad distribution of design variables, including aircraft configuration, payload, range, and speed, with particular emphasis on reducing noise and exhaust emissions without severe economic and performance penalties. The results indicated that an engine for an advanced transport would be similar to the currently emerging turbofan engines. Application of current technology in the areas of noise suppression and combustors imposed severe performance and economic penalties.

Beheim, M. A.↗

STOL propulsion systems

The selection and the characteristics of quiet, clean propulsion systems for STOL aircraft are discussed. Engines are evaluated for augmentor wing and externally blown flap STOL aircraft with the engines located both under and over the wings. Some supporting test data are presented. Optimum engines are selected based on achieving the performance, economic, acoustic, and pollution goals presently being considered for future STOL aircraft. The data and results presented were obtained from a number of contracted studies and some supporting NASA inhouse programs, most of which began in early 1972. The contracts include: (1) two aircraft and mission studies, (2) two propulsion system studies, (3) the experimental and analytic work on the augmentor wing, and (4) the experimental programs on Q-Fan. Engines are selected and discussed based on aircraft economics using the direct operating cost as the primary criterion. This cost includes the cost of the crew, fuel, aircraft, and engine maintenance and depreciation.

Denington, R. J.↗

Prospects for reduced energy transports: A preliminary analysis

The recent energy crisis and subsequent substantial increase in fuel prices have provided increased incentive to reduce the fuel consumption of civil transport aircraft. At the present time many changes in operational procedures have been introduced to decrease fuel consumption of the existing fleet. In the future, however, it may become desirable or even necessary to introduce new fuel-conservative aircraft designs. This paper reports the results of a preliminary study of new near-term fuel conservative aircraft. A parametric study was made to determine the effects of cruise Mach number and fuel cost on the optimum configuration characteristics and on economic performance. For each design, the wing geometry was optimized to give maximum return on investment at a particular fuel cost. Based on the results of the parametric study, a nominal reduced energy configuration was selected. Compared with existing transport designs, the reduced energy design has a higher aspect ratio wing with lower sweep, and cruises at a lower Mach number. It has about 30% less fuel consumption on a seat-mile basis.

Ardema, M. D.↗

Advanced short haul systems in high density markets

The design requirements, performance, economics, and noise aspects of STOL and VTOL conceptual aircraft developed for short haul air transportation are reviewed, along with the characteristics of areas of high-density annual passenger flow in which the aircraft are intended to operate. It is shown that aircraft of 100 to 200 passenger capacity provide the best return on investment in high density markets. The various STOL propulsive lift concepts have the same general trends with field length; their wing loadings are 20 to 30 pounds per square foot higher than the nonpropulsive lift concepts. A comparison of the aircraft under consideration shows that no one aircraft concept will be optimum for all future operational environments.

Galloway, T. L.↗

Interagency Workshop on Lighter than Air Vehicles, Monterey, Calif., September 9-13, 1974, Proceedings

Papers are presented which review modern lighter-than-air (LTA) airship design concepts and LTA structures and materials technology, as well as perform economic and market analyses for assessment of the viability of future LTA development programs. Potential applications of LTA vehicles are examined. Some of the topics covered include preliminary estimates of operating costs for LTA transports, an economic comparison of three heavy lift airborn systems, boundary layer control for airships, computer aided flexible envelope designs, state-of-the-art of metalclad airships, aspects of hybrid-Zeppelins, the LTA vehicle as a total cargo system, unmanned powered balloons, and a practical concept for powered or tethered weight-lifting LTA vehicles. Individual items are announced in this issue.

Vittek, J. F., Jr.↗

Systems integration studies for supersonic cruise aircraft

Technical progress in each of the disciplinary research areas affecting the design of supersonic cruise aircraft is discussed. The NASA AST/SCAR Program supported the integration of these technical advances into supersonic cruise aircraft configuration concepts. While the baseline concepts reflect differing design philosophy, all reflect a level of economic performance considerably above the current foreign aircraft as well as the former U.S. SST. Range-payload characteristics of the study configurating show significant improvement, while meeting environmental goals such as takeoff and landing noise and upper atmospheric pollution.

Mascitti, V. R.↗

Studies of the use of heat from high temperature nuclear sources for hydrogen production processes

Future uses of hydrogen and hydrogen production processes that can meet the demand for hydrogen in the coming decades were considered. To do this, a projection was made of the market for hydrogen through the year 2000. Four hydrogen production processes were selected, from among water electrolysis, fossil based and thermochemical water decomposition systems, and evaluated, using a consistent set of ground rules, in terms of relative performance, economics, resource requirements, and technology status.

Farbman, G. H.↗

Energy and Economic Trade Offs for Advanced Technology Subsonic Aircraft

Changes in future aircraft technology which conserve energy are studied, along with the effect of these changes on economic performance. Among the new technologies considered are laminar-flow control, composite materials with and without laminar-flow control, and advanced airfoils. Aircraft design features studied include high-aspect-ratio wings, thickness ratio, and range. Engine technology is held constant at the JT9D level. It is concluded that wing aspect ratios of future aircraft are likely to significantly increase as a result of new technology and the push of higher fuel prices. Composite materials may raise aspect radio to about 11 to 12 and practical laminar flow-control systems may further increase aspect ratio to 14 or more. Advanced technology provides significant reductions in aircraft take-off gross weight, energy consumption, and direct operating cost.

Maddalon, D. V.↗