Search NASA⌕ Search

SEARCH · Search NASA

Results for “FINANCING”

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 253 records · Page 14

An Overview of Wind Energy Production Prediction Bias, Losses, and Uncertainties

The financing of a wind farm directly relates to the preconstruction energy yield assessments which estimate the annual energy production for the farm. The accuracy and the precision of the preconstruction energy estimates can dictate the profitability of the wind project. Historically, the wind industry tended to overpredict the annual energy production of wind farms. Experts have been dedicated to eliminating such prediction errors in the past decade, and recently the industry is recording near-zero average energy prediction bias. Herein, we present an overview of the energy yield assessment errors across the global wind energy industry. We identify a long-term trend of reduction in the overprediction bias, whereas the uncertainty associated with the prediction error is prominent. We also summarize the recent advancements of the wind resource assessment process that justify the bias reduction, including the improvements in modeling and measurement techniques. Additionally, because the energy losses and uncertainties substantially influence the prediction error, we document and examine the estimated and observed loss and uncertainty values from the literature, according to the proposed framework in the International Electrotechnical Commission 61400-15 wind resource assessment standard. From our findings, we highlight the opportunities for the industry to move forward, such as the validation and reduction of prediction uncertainty, and the prevention of energy losses caused by wake effect and environmental events. Overall, this study provides a summary on how the wind energy industry has been quantifying and reducing prediction errors, energy losses, and production uncertainties. Finally, for this work to be as reproducible as possible, we include all of the data used in the analysis in appendices to the manuscript.

literature review↗

Validation of wind resource and energy production simulations for small wind turbines in the United States

Abstract. Due to financial and temporal limitations, the small wind community relies upon simplified wind speed models and energy production simulation tools to assess site suitability and produce energy generation expectations. While efficient and user-friendly, these models and tools are subject to errors that have been insufficiently quantified at small wind turbine heights. This study leverages observations from meteorological towers and sodars across the United States to validate wind speed estimates from the Wind Integration National Dataset (WIND) Toolkit, the European Centre for Medium-Range Weather Forecasts (ECMWF) Reanalysis v5 (ERA5), and the Modern-Era Retrospective Analysis for Research and Applications, version 2 (MERRA-2), revealing average biases within ±0.5 m s−1 at small wind hub heights. Observations from small wind turbines across the United States provide references for validating energy production estimates from the System Advisor Model (SAM), Wind Report, MyWindTurbine.com, and Global Wind Atlas 3 (GWA3), which are seen to overestimate actual annual capacity factors by 2.5, 4.2, 11.5, and 7.3 percentage points, respectively. In addition to quantifying the error metrics, this paper identifies sources of model and tool discrepancies, noting that interannual fluctuation in the wind resource, wind speed class, and loss assumptions produces more variability in estimates than different horizontal and vertical interpolation techniques. The results of this study provide small wind installers and owners with information about these challenges to consider when making performance estimates and thus possible adjustments accordingly. Looking to the future, recognizing these error metrics and sources of discrepancies provides model and tool researchers and developers with opportunities for product improvement that could positively impact small wind customer confidence and the ability to finance small wind projects.

17 WIND ENERGY↗

Information Searching in the Residential Solar PV Market

This paper examines the consumer information search behavior of households in San Diego County with solar photovoltaic (PV) systems. We focus on whether solar PV households financing the technology through third-party ownership (TPO) versus host-ownership (HO), which is equivalent to leasing or buying goods in other markets, have heterogeneous preferences as reflected by information search. Conditional on adoption, we find that TPO households tend to seek more information on home modifications required for solar installation whereas HO households seek more information on the financial returns of solar investments. These preferences may be correlated with the consumption of other goods and services, and thus, if used to inform marketing strategies, our results could help reduce solar PV customer acquisition costs and accelerate technology diffusion. They also have indirect implications for marketing goods and services in other contexts where consumers exhibit similar preferences.

California↗

Assessing Photovoltaic Capacity Factor Variability Using Long-Term Satellite Derived Solar Resource Data Under Brazilian Climate

Accurate estimation of photovoltaic (PV) energy yield and its variability is essential for reducing financial risk and supporting reliable system planning for rapidly expanding PV markets. In Brazil, high solar adoption and increasing levels of distributed energy resources are beginning to introduce operational challenges such as curtailment and evolving grid requirements. Understanding how natural variability in solar resource propagates into PV system performance is therefore increasingly important for both project design and grid integration. Modern PV yield assessments commonly rely on multi-year meteorological datasets and probabilistic exceedance metrics (e.g., P50/P90) to quantify energy yield uncertainty for project financing. However, the implications of long-term solar resource variability for PV system design choices and high-adoption grid conditions remain less well characterized for rapidly expanding markets such as Brazil. In particular, understanding how weather-driven variability propagates into PV production distributions and capacity factor expectations is important for evaluating curtailment exposure, deployment strategies, and storage requirements in regions experiencing rapid growth of distributed and utility-scale PV. Seasonal and interannual variability in atmospheric conditions can produce substantial fluctuations in monthly PV energy production, which propagate into uncertainty in annual energy yield and capacity factor expectations. Characterizing this variability using long-term meteorological datasets allows probabilistic estimation of PV system performance and provides improved insight into the range of expected PV energy outcomes. This study explores the use of long-term satellite-derived meteorological data from the National Solar Radiation Database (NSRDB) to evaluate the variability of photovoltaic system performance across multiple locations in Brazil. Using a 27-year dataset (1998-2024), PV system simulations are performed to characterize the distribution of annual and seasonal capacity factors and energy yield outcomes, while propagating key sources of meteorological variability and model uncertainty through the PV modeling chain. The analysis also investigates the sensitivity of PV performance outcomes to key system design assumptions within the PV modeling chain, including tracking configuration and system sizing parameters. The resulting probabilistic performance characterization provides insight into how weather-driven variability influences PV production expectations and capacity factor distributions. These results provide a foundation for evaluating how weather-driven variability interacts with high PV adoption and potential storage or curtailment mitigation strategies.

14 SOLAR ENERGY↗

Energy Project Siting, Permitting, and Community Impacts [Slides]

The Energy to Communities (E2C) peer-learning cohort program provides technical assistance to groups of 15 community entities around a common energy topic over the course of 6 months. Every month, participants join a virtual meeting where they hear from experts and exchange strategies and best practices with their peers.This cohort, "Successful Energy Project Implementation" will explore common challenges in implementing energy projects and learn strategies to turn project plans into reality. Each participant will focus on a local energy project or priority as a cornerstone for their learning throughout the series. This presentation focuses on strategies for successful project financing. This workshop is on April 29, 2026.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Testing convolutional neural network based deep learning systems: a statistical metamorphic approach

Machine learning technology spans many areas and today plays a significant role in addressing a wide range of problems in critical domains,i.e., healthcare, autonomous driving, finance, manufacturing, cybersecurity,etc. Metamorphic testing (MT) is considered a simple but very powerful approach in testing such computationally complex systems for which either an oracle is not available or is available but difficult to apply. Conventional metamorphic testing techniques have certain limitations in verifying deep learning-based models (i.e., convolutional neural networks (CNNs)) that have a stochastic nature (because of randomly initializing the network weights) in their training. In this article, we attempt to address this problem by using a statistical metamorphic testing (SMT) technique that does not require software testers to worry about fixing the random seeds (to get deterministic results) to verify the metamorphic relations (MRs). We propose seven MRs combined with different statistical methods to statistically verify whether the program under test adheres to the relation(s) specified in the MR(s). We further use mutation testing techniques to show the usefulness of the proposed approach in the healthcare space and test two CNN-based deep learning models (used for pneumonia detection among patients). The empirical results show that our proposed approach uncovers 85.71% of the implementation faults in the classifiers under test (CUT). Furthermore, we also propose an MRs minimization algorithm for the CUT, thus saving computational costs and organizational testing resources.

Computer Science↗

BACKFLIP Project: Determination of BACKsheet Material Properties: A Comparison of Market-Benchmark Technologies to Novel Non-Fluoro-Based Co-Extruded Backsheet Materials and Their Correlation and Impact on PV Module Degradation Rates

Quantifying degradation rate of backsheets will help procuring materials for 30+ years. Today most backsheets on the market have a laminated PET core; polyolefin materials may provide better properties for backsheets (barrier to water, mechanical properties through UV and hydrolytic environments, etc.). End-of-life regulations may require fluorine-free backsheet products in future global markets. Parametrized equation predicting the service life of backsheets, and validated by both lab and outdoor extensive testing. Technical and commercial confidence to the entire value chain: from backsheet and module manufacturers to the downstream community (IPP, banks, developers) that materials of higher quality can help reduce finance costs, therefore driving down LCOE. A fast track PV module market adaptation for novel high-quality materials, such as co-extruded polyolefin-core backsheets, by obtaining unbiased durability data.

14 SOLAR ENERGY↗

Tools Assessing Performance

For the distributed wind industry, it can be challenging to accurately predict the performance and annual energy production of projects prior to their installation. The U.S. Department of Energy’s Tools Assessing Performance (TAP) project aims to improve wind resource characterization, thereby reducing the uncertainty of project performance and financing costs, increasing consumer confidence, and lowering the levelized cost of distributed wind energy. A collaborative effort among DOE National Laboratories, TAP will create a computational framework that provides the distributed wind community with access to newly developed wind resource data and modeling capabilities. These capabilities will allow users to perform timely and accurate performance assessments for distributed wind projects at locations across the United States.

wind, distributed, tools, performance↗

ePROJECT BUILDER: PROMOTING WIDER ADOPTION OF ENERGY SAVINGS PERFORMANCE CONTRACTS THROUGH STANDARDIZATION AND TRANSPARENCY

The United States Federal Government has been conducting guaranteed savings energy savings performance contracts for over 20 years and now relies on ESPC for the majority of its energy efficiency work. Along with a related financed project type, these deals resulted in $4.2 billion of project investment in the five years ending in 2016, a pace that has even accelerated since. Measurement and verification (M&V) on the projects is the key to assuring savings realization and persistence. Perceived as a weakness or burdensome added cost in the early years of the program, M&V has become a strength. All energy conservation measures (ECMs) have some form of measurement – defined as a measured baseline establishment followed by at least one measurement of the main energy-saving parameter taken in the performance period for each ECM. The government’s in-house energy consulting office, the Federal Energy Management Program (FEMP), now recommends measurement of these “Option A” M&V ECMs throughout the contract term, usually annually. Moreover, a significantly higher percentage of projects are now characterized by more ambitious M&V, including Option B (all parameter measurement) for most generation (including renewable) and some efficiency measures, and more frequent Option C (whole facility utility bill analysis) for “deep retrofit” projects with multiple, interactive ECMs. Coincident with this progress in M&V has been a much greater embracing of ESPC by the federal agencies, resulting in the enormous rate of projects now executed. This paper traces the evolution of M&V in federal ESPC and argues that the heightened credibility of the savings has contributed significantly to the procurement vehicle’s long-term viability. This focus on savings integrity via M&V has been learned over two decades for U.S. federal ESPC, but countries with developing ESPC markets would be wise to emphasize it as their markets emerge, allowing them to avoid some of the “growing pains” experienced in the U.S.

Earni, Shankar↗

M&V in ESPC: The U.S. Federal Experience and Implications for Developing ESPC Markets

The United States Federal Government has been conducting guaranteed savings energy savings performance contracts for over 20 years and now relies on ESPC for the majority of its energy efficiency work. Along with a related financed project type, these deals resulted in $4.2 billion of project investment in the five years ending in 2016, a pace that has even accelerated since. Measurement and verification (M&V) on the projects is the key to assuring savings realization and persistence. Perceived as a weakness or burdensome added cost in the early years of the program, M&V has become a strength. All energy conservation measures (ECMs) have some form of measurement – defined as a measured baseline establishment followed by at least one measurement of the main energy-saving parameter taken in the performance period for each ECM. The government’s in-house energy consulting office, the Federal Energy Management Program (FEMP), now recommends measurement of these “Option A” M&V ECMs throughout the contract term, usually annually. Moreover, a significantly higher percentage of projects are now characterized by more ambitious M&V, including Option B (all parameter measurement) for most generation (including renewable) and some efficiency measures, and more frequent Option C (whole facility utility bill analysis) for “deep retrofit” projects with multiple, interactive ECMs. Coincident with this progress in M&V has been a much greater embracing of ESPC by the federal agencies, resulting in the enormous rate of projects now executed. This paper traces the evolution of M&V in federal ESPC and argues that the heightened credibility of the savings has contributed significantly to the procurement vehicle’s long-term viability. This focus on savings integrity via M&V has been learned over two decades for U.S. federal ESPC, but countries with developing ESPC markets would be wise to emphasize it as their markets emerge, allowing them to avoid some of the “growing pains” experienced in the U.S.

Coleman, Philip↗

M&V in ESPC: The U.S. Federal Experience and Implications for Developing ESPC Markets

The United States Federal Government has been conducting guaranteed savings energy savings performance contracts for over 20 years and now relies on ESPC for the majority of its energy efficiency work. Along with a related financed project type, these deals resulted in $4.2 billion of project investment in the five years ending in 2016, a pace that has even accelerated since.Measurement and verification (M&V) on the projects is the key to assuring savings realization and persistence. Perceived as a weakness or burdensome added cost in the early years of the program, M&V has become a strength. All energy conservation measures (ECMs) have some form of measurement – defined as a measured baseline establishment followed by at least one measurement of the main energy-saving parameter for a given ECM taken in the performance period. The government’s in-house energy consulting office, the Federal Energy Management Program (FEMP), now recommends measurement of these “Option A” M&V ECMs throughout the contract term, usually annually. Moreover, a significantly higher percentage of projects are now characterized by more ambitious M&V, including Option B (all parameter measurement) for most generation (including renewable) and some efficiency measures, and more frequent Option C (whole facility utility bill analysis) for “deep retrofit” projects with multiple, interactive ECMs. Coincident with this progress in M&V has been a much greater embracing of ESPC by the federal agencies, resulting in the enormous rate of projects now executed. This paper traces the evolution of M&V in federal ESPC and argues that the heightened credibility of the estimated (and guaranteed) savings has contributed significantly to the procurement vehicle’s long-term viability. This focus on savings integrity via M&V has been learned over two decades for U.S. federal ESPC, but countries with developing ESPC markets would be wise to emphasize it as their markets emerge, allowing them to avoid some of the “growing pains” experienced in the U.S.

Coleman, Philip↗

Large-Scale Solar Development: A Playbook for Southwest Virginia

his playbook is an introductory guide for local governments to facilitate large-scale solar projects in Southwest Virginia. In a region that has a long history of energy production, solar technologies offer enormous potential for economic development and job growth. Large-scale solar can take many forms, including rooftop or ground-mounted installations at local corporate offices, nonprofit organizations, or schools. It can also encompass utility-scale projects over many acres on former agricultural or timberlands, mined lands, or industrial sites. Regardless of the type of project, solar is a widely popular, cost-competitive energy choice that helps create sustainable and prosperous communities. This playbook is directed to municipal and county governments that have an essential role to play in encouraging large-scale solar projects. The first section provides an overview of state and national trends, including recent state legislation that will impact local oversight of solar development. This is followed by an overview of the solar project approval process from a developer’s perspective. The next section is an overview of the state and local permitting process for solar projects, followed by other development considerations such as local tax revenue options, financing incentives, and considerations for solar on brownfields and previously mined lands. The playbook concludes with a step-by-step guide for local governments to facilitate large-scale solar development.This playbook is part of the Solar Workgroup of Southwest Virginia’s effort to bring solar energy and associated jobs to the region. Over the past few years, the workgroup has met with stakeholder groups and crafted a strategy for local solar energy development. The workgroup has collaborated with cities and counties to bring SolSmart designation to eight counties and cities, implemented group purchase campaigns for commercial solar, and led research efforts.

14 SOLAR ENERGY↗

DOE-ART HT(G)R R&D Overview

The US Government currently has no plans to finance or build advanced nuclear reactors. Instead, the DOE performs research and development to raise the technological readiness of new concepts, fuels and component materials so that private industrial partners are more likely to design and build plants. Develop technologies that can enable new concepts and designs to achieve greater levels of safety and resilience, flexibility of use, sustainability and construction or operational affordability. Collaborate with industry to identify and conduct essential research to reduce technical risk associated with advanced reactor technologies. Sustain essential technical expertise and capabilities within national laboratories, universities, and industry to perform needed research. Collaborate with the Nuclear Regulatory Commission and Standards Developing Organizations (ASME, ANS, ANSI, etc.) to address gaps in codes and standards to support advanced reactor designs

11 NUCLEAR FUEL CYCLE AND FUEL MATERIALS↗

Economic Analysis of Integrated Solar Power, Hydrogen Production, and Electricity Markets

Hydrogen is a versatile energy carrier that is used in a wide variety of chemical and industrial processes. Producing hydrogen using electrolysis can enable integration of multiple sectors including electricity, heating, and industrial sectors; however, the cost of producing hydrogen from electrolysis remains a challenge for encouraging greater adoption. To help improve the economics for both solar PV and hydrogen production using electrolyzers, we explore the benefit of combining PV and electrolysis systems. Using the Revenue Operation and Device Optimization Model (RODeO) model, the optimal breakeven hydrogen production cost for six unique market participation configurations is calculated at six candidate locations in California where PV is already installed. Costs include production, storage, and compression in preparation for gaseous delivery trucks. Revenue streams included in the optimization are the sale of hydrogen, Low Carbon Fuel Standard (LCFS) credits, renewable electricity sold to the grid, and Renewable Energy Credits (REC). The costs included are the electricity costs, capital and fixed operation and maintenance cost (FOM) for the electrolyzer, PV, and storage and compression systems as well as taxes and financing costs. In addition, cost reductions are achieved through retail and wholesale electricity use optimization, by which electricity is purchased at the lowest price and sold, if possible, at the highest price. For all locations analyzed, the breakeven hydrogen production cost results show that, in order of decreasing cost, the system configurations are islanded (highest), separated, NEM, retail, hybrid retail/wholesale, and wholesale (lowest). This report also explores other aspects of hydrogen systems including optimal renewable sizing and resulting energy mixture to the electrolyzer, value of renewable premiums, competition with incumbent technologies, cost sensitivity to a variety of parameters.

decarbonized economy↗

Policies and Programs Available in the United States in Support of Carbon Capture and Utilization

The article seeks to compile policies and programs that provide revenue and financing support for carbon capture and utilizations projects, which are available in the United States. Often technically minded entrepreneurs and investors new to this space are unaware of available support, which could help successful development of carbon capture and utilization projects.Covered in this article are the 45Q tax credit, green bonds, loan guarantee programs, the regional greenhouse gas initiative, and low carbon fuel standards.1This article covers the eligibility and effect of each policy and program. The article also briefly reviews the current state of technology and summarizes how each technology pathway pairs with the policies covered in the article.The goal of the article is to serve as a primer for lawyers, corporate development professionals, and practitioners, who seek to learn about policies and programs available to support carbon capture and utilization (CCU) projects.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

State Insights On The Water-Energy Nexus And Policy Ideas To Achieve Greater Savings

Governors, state policymakers, utilities and other stakeholders across the country are increasingly aware of the connection between energy and water production and use, and the need to conserve both resources to meet economic and environmental goals. It requires substantial amounts of water to produce energy and considerable amounts of energy to treat and deliver water. The critical interdependence between energy and water was clearly illustrated during the recent winter storm in Texas and other parts of the South in February 2021. Initial power outages contributed to a longer-term water crisis. Power outages led to water pump failures while water demand increased from frozen water pipes that burst. This caused low water pressure that can lead to harmful bacteria growth in the water. The power outages also prevented water treatment plants from properly treating the water for several days, thereby leaving many residents without clean drinking water and worsening the storm’s impacts. The National Governors Association has been working with states on this connection between water and energy and strategies for conserving those resources for several years. NGA held a Water-Energy Nexus Learning Lab in September 2020. This event invited two leading states in the water-energy nexus space, Arizona and Wisconsin, to showcase some of their model policies and programs to other states, Maryland, Nevada, North Carolina, North Dakota, and Washington, looking for greater savings opportunities. This paper provides an overview of challenges that states are facing in developing integrated water and energy conservation policies; provides background on Arizona and Wisconsin’s innovative water-energy policies and programs; and summarizes action items the participating state teams identified for their respective states. The main categories of policy solutions identified by states at NGA’s Water-Energy Nexus Learning Lab were: Funding & Financing – providing financial incentives for water efficiency modeled after established energy efficiency programs, and an emphasis on financial support for small water and energy utilities. Education & Technical Assistance – providing more education and training opportunities about ways to achieve cost-effective energy and water savings, and the needs of resource-constrained small and medium utilities for training and other assistance. Structural Changes to Encourage Conservation – developing ways to incentivize agricultural conservation such as through water allocation strategies; adopting water reuse or water loss standards; and requiring electric utilities to consider water impacts as part of their integrated resource planning process. Communications & Data – conducting energy audits, reviewing water data provided to state agencies, and developing data benchmarking tools to measure and better manage energy and water use. Climate Strategy – establishing a multi-agency working group or other collaborative approach to determine ways to integrate energy and water savings in state policies and help meet the state climate objectives.

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATI↗

ESPC ESA Webinar Series: ESPC IDIQ Contract Vehicle Overview

This webinar provides instructions and resources for financing distributed energy projects (e.g. on-site renewable energy, storage, and combined heat and power) using an energy savings performance contract (ESPC) energy sales agreement (ESA) through the U.S. Department of Energy (DOE) indefinite-delivery, indefinite-quantity (IDIQ) energy savings performance contract (ESPC) vehicle. The DOE IDIQ ESPC contract vehicle uses a streamlined master contract that allows federal agencies to work with 21 energy service companies holding the current DOE IDIQ ESPC. Topics covered in the webinar include: An overview of the DOE IDIQ contract vehicle; ESA-specific considerations for IDIQ contracts; and Specific use cases. The webinar also provides an overview of the resources available on the Federal Energy Management Program website, such as IDIQ tools and templates. This webinar is the fifth in a series that provides information, best practices, and resources for implementing an ESPC ESA project. ESPC ESAs are a great option for federal sites that are motivated to reduce site costs, have no capital investment funding, and cannot use the U.S. Department of Defense 10 USC 2922a authority for long-term contracting.

37 INORGANIC, ORGANIC, PHYSICAL, AND ANALYTICAL CH↗

ESPC ESA Training Series: Photovoltaic (PV) Project Considerations

This training covers technical, economic and other photovoltaic (PV) project considerations. Technical topics include cost-effectiveness, resilience, cybersecurity, and electrical considerations. In addition, other topics, such as compatibility with agency mission, site plans, coordination with the serving utility, the National Environmental Policy Act, and agency approval requirements. Considerations specific to third-party owned/third-party financed PV projects are also covered, as well as available resources and templates for project development. The training also includes a recap of the first session in the Energy Savings Performance Contracts Energy Sales Agreements (ESPC ESA) Webinar Series.

37 INORGANIC, ORGANIC, PHYSICAL, AND ANALYTICAL CH↗