Search NASA⌕ Search

SEARCH · Search NASA

Results for “Levelized costs”

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

Baseload Hydrogen Production Using Nuclear and Renewable Energy: A Comparative Analysis

As the global push towards net zero carbon gains momentum, the demand for clean hydrogen is expected to grow rapidly across various sectors, including transportation, industries and electrical grids. To meet this growing hydrogen demand, baseload hydrogen production facilities capable of providing a continuous and reliable supply of hydrogen will be necessary throughout the world. This paper explores the technoeconomic feasibility of establishing baseload electrolytic hydrogen production facilities in the United States, utilizing different clean generation resources. The key criteria include maintaining a consistent supply of clean hydrogen without putting baseload demand stress to already vulnerable power grid. In order to do that, the proposed facilities will host onsite clean power generation and energy storage technologies. The proposed facilities can capitalize on available investment and production incentives and have ability to export excess electricity to the utility at a bulk price. Several scenarios are considered based on the clean energy resources to support the electrolysis process including light water reactors (LWRs) currently evaluating retirement options, wind, solar PVs, and advanced small modular reactors (SMRs). For each scenario, a hypothetical hydrogen production facility is considered in a location in the US where the primary generation resource is at its peak strength. Comparative analysis in this paper reveal that the nuclear power plants are most economically viable for baseload hydrogen production facilities, outperforming renewable-based facilities with significantly lower levelized cost of hydrogen (LCOH). Even under best-case scenarios for resource availability, incentives and export prices, renewable-based facilities face challenges due to daily and seasonal generation variability, resulting in large installation sizes and lower capacity factors. Among renewable-based facilities, complementarity hybrids, providing more stable power supply, demonstrate superior economics compared to facilities based on a single renewable technology. While LWR-powered facility can achieve a negative LCOH with incentives, SMR-powered facilities can provide economic hydrogen supply with LCOH below $1/kg with high temperature electrolysis option. The analysis in this paper underscores the pivotal role of nuclear energy in the future hydrogen economy.

08 - HYDROGEN↗

Socio-Techno-Economic Feasibility of Deep Geothermal with EGS for Residential District Heating in the Northeastern United States

In this paper, we present socio-techno-economic simulation results for enhanced geothermal system (EGS) district heating systems in the northeastern United States. We applied the geospatial Distributed Geothermal Market Demand (dGeo) tool coupled with GEOPHIRES to evaluate the feasibility of geothermal deep direct-use, utilizing EGS reservoirs for providing residential heating with district heating systems. The results were combined with JEDI results to assess social impacts. Simulation results assuming doublet EGS reservoirs with target production temperature of 80 degrees C and newly constructed district heating systems indicate a wide range in system levelized cost of heat (LCOH) values ranging from ~$15/MMBtu to over $1,000/MMBtu, with most the attractive regions urban areas with high total thermal demand and high thermal demand density. We estimate about 60 GWth in potential installed capacity with LCOH values under $50/MMBtu and 100 GWth in potential capacity with LCOH values under $100/MMBtu, respectively.

15 GEOTHERMAL ENERGY↗

Case Studies and Parametric Analysis of Heliostat Performance With a Tradeoff-Informed Technoeconomic Analysis Metric

The Heliostat Consortium (HelioCon) was launched in 2021 to advance heliostat technology. Here this work presents a collection of baseline case studies for the technoeconomic analysis (TEA) of candidate heliostat improvements for concentrating solar power (CSP) and concentrated solar thermal (CST) systems that employ central receivers. The case studies we develop include a large-scale CSP plant, a smaller, modular CSP plant, and a small CST plant used for industrial process heat. In this work, we also propose a novel metric for TEA of a plant component technology that recasts relative changes in levelized system costs into component-specific capital cost budgets. This measure, which we refer to as the equivalent breakeven installed cost, is the maximum budget for the technology component that leads to improved levelized costs. Finally, we perform a parametric analysis to show the impact of candidate technologies on the levelized cost of heat and, by extension, equivalent breakeven installed cost.

14 SOLAR ENERGY↗

Low sidelobe level low-cost earth station antennas for the 12 GHz broadcasting satellite service

An experimental investigation of the performance of 1.22 m and 1.83 m diameter paraboloid antennas with an f/D ratio of 0.38 and using a feed developed by Kumar is reported. It is found that sidelobes below 30 dB can be obtained only if the paraboloids are relatively free of surface errors. A theoretical analysis of clam shell distortion shows that this is a limiting factor in achieving low sidelobe levels with many commercially available low cost paraboloids. The use of absorbing pads and small reflecting plates for sidelobe reduction is also considered.

Collin, R. E.↗

Low-cost voltage-level detector

Integrated circuit senses when the voltage level has exceeded or is below a given reference level. The circuit, consisting of a differential amplifier, an SCR, and a pair of zener diodes, is useful for overload detection and monitoring power supplies.

Sturman, J. C.↗

Military markets for solar thermal electric power systems

The Department of Defense maintains an inventory of over 1,800 MW of engine-generators 15 KW and larger, with an estimated procurement rate of over 140 MW/year. Nearly the entire requirement could be met by advanced heat engines of the types being developed as point-focussing, distributed receiver power plants. A conceptual system consisting of a heat engine which efficiently burns liquid fossil or synthetic fuels, with a 'solarization kit' for conversion to hybrid solar operation could meet existing DOD requirements for new systems which are quieter, lighter, and multi-fueled. An estimated 24 percent (33 MW/year) or more could operationally benefit from the solar option. Baseline cost projections indicate levelized energy cost goals of 210 to 120 mills/KWh (15 to 1000 KW systems). Fuel cost escalation is the major factor affecting the value of the solar option. A baseline calculation for fuel at $0.59/gal in spring, 1979, escalating at 8 percent above general inflation indicates a value of $2700/KWe for a solarization kit.

Hauger, J. S.↗

Impact of Technology Improvements on the Cost of Hydrogen Produced using SOEC Technology at Large Scale

National Energy Technology Laboratory (NETL) provides system-level process, cost, and market analyses on solid oxide cell (SOC) based technologies. Specifically, techno-economic analyses (TEA), market assessments, and other technology evaluations serve to guide the U.S. Department of Energy (DOE) Office of Fossil Energy and Carbon Management (FECM) Reversible Solid Oxide Fuel Cell (R-SOFC) Program technology goals and objectives. These studies are key to describing how the technologies contribute to improving domestic energy infrastructure in a clean, efficient manner. This effort focuses on hydrogen generation technologies, which have received recent attention due to their potential role in economy-wide decarbonization. In particular, the study is part of a series of investigations at NETL that seek to understand the techno-economic impacts of including SOC technology in energy production, hydrogen production, and/or storage configurations. The objective of this study is to establish a detailed TEA to assess the effectiveness of incremental technology improvements needed for solid oxide electrolysis cell (SOEC) technology to achieve the U.S. DOE’s Hydrogen Shot goal of hydrogen production at less than $1 per kilogram. To take advantage of the benefits of economies of scale, the SOEC hydrogen facilities are sized to produce ≈250,000 metric tons of hydrogen annually with an electrolysis load of one gigawatt (direct current). Some additional critical assumptions include stacks that operate near the thermo-neutral voltage of 1.28 V to avoid adverse thermal gradients, all necessary steam and heat is generated by electric boilers and heaters to enable green hydrogen production, and an air sweep is used to control the oxygen concentration in the air electrode exhaust stream. System efficiency and levelized costs of hydrogen (LCOH) for each case are presented.

Hackett, Gregory↗

Project 1: COLLECTS Project and Project 2: M&V for Saputo Cheese Project: Cooperative Research and Development (Final Report)

Project 1: Combined Power's Hyperlight Energy and NLR will collaborate on the DOE Concentrating Optics for Lower Levelized Energy CosTS (COLLECTS) project, DE-FOA-0001268. COLLECTS funding opportunity announcement (FOA) seeks to further concentrated solar power (CSP) system technologies by soliciting disruptive, transformative projects for the concentrating solar collectors in the CSP plant. These innovative projects will seek to surpass the targets set out in the SunShot Vision Study, enabling CSP to be cost-competitive with conventional forms of electric power generation. Projects will target the design and manufacturing of novel solar collectors with the ability to significantly reduce the solar field contribution to the overall levelized cost of energy (LCOE) of the CSP plant, and which have not been previously specifically targeted by CSP FOAs. Project 2: Hyperlight will perform measurement and verification (M&V) of Green House Gases and NLR will evaluate energy consumption reduction.

14 SOLAR ENERGY↗

Quantifying Investment Risk: Analysis of the Purchase Decision of a Nuclear Power Plant

Cost overruns are an ill-fated part of the deployment history of nuclear power plants (NPPs) in the United States, and yet studies increasingly show the important role nuclear technologies must play in decarbonizing the U.S. economy. Paradoxically, then, a key piece of a coherent decarbonization strategy depends on attracting investor action to a purchase where historical cost overruns have been sizeable. To address this challenge, this study aims to develop a financial model that quantifies risk of cost overruns in the decision-making process for purchasing advanced reactor concepts. Using the concept of Value at Risk (VaR), the model is built to evaluate financial risk nuclear construction with the aim to identify risk mitigation strategies. The objective is to identify strategies to mitigate cost-risk challenges and to assess the potential reduction in investor risk exposure. The paper presents the initial development and preliminary verification of the financial risk analysis model. The development of this model involved a comprehensive approach to estimating financial risk over the operating life of NPP that stems from construction uncertainties. By utilizing net present value (NPV) with discounted cash flows, the model captures the complex interconnections of project costs, construction timelines, revenue, and uncertainties. Verification of the model involved testing historical data from previous reactor construction projects against the construction project of Vogtle 3 and 4. The results of this paper present the comparison of the preconstruction cost overrun prediction with the current cost estimates from a nearly complete Vogtle 3 and 4.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Integrated operations/payloads/fleet analysis. Volume 3: System costs. Appendix A: Program direct costs

Individualized program direct costs for each satellite program are presented. This breakdown provides the activity level dependent costs for each satellite program. The activity level dependent costs, or, more simply, program direct costs, are comprised of the total payload costs (as these costs are strictly program dependent) and the direct launch vehicle costs. Only those incremental launch vehicle costs associated directly with the satellite program are considered. For expendable launch vehicles the direct costs include the vehicle investment hardware costs and the launch operations costs. For the reusable STS vehicles the direct costs include only the launch operations, recovery operations, command and control, vehicle maintenance, and propellant support. The costs associated with amortization of reusable vehicle investment, RDT&E range support, etc., are not included.

Source record↗

Cost optimization of spacecraft test levels

Common to all nondestructive type testing of hardware that provides the necessary confidence in the design is the question regarding the proper magnitude of the test level. The objective of this investigation was to study the possibility of establishing cost optimized test levels of a rather general nature. This investigation was based on studying the influence of test level on a cost of error cost model that reflects the adverse effects of 'undertesting' and 'overtesting'. For the assumed conditions of normal distribution for the random variables and a protoflight spacecraft case, the results indicated that the limits for an optimum test factor can range between slightly less than 1.0 to slightly more than 1.5.

Young, J. P.↗

Assessment of industrial applications for fuel cell cogeneration systems

The fuel cell energy systems are designed with and without a utility connection for emergency back-up power. Sale of electricity to the utility during periods of low plant demand is not considered. For each of the three industrial applications, conceptual designs were also developed for conventional utility systems relying on purchased electric power and fossil-fired boilers for steam/hot water. The capital investment for each energy system is estimated. Annual operating costs are also determined for each system. These cost estimates are converted to levelized annual costs by applying appropriate economic factors. The breakeven electricity price that would make fuel cell systems competitive with the conventional systems is plotted as a function of naphtha price. The sensitivity of the breakeven point to capital investment and coal price is also evaluated.

Stickles, R. P.↗

Navigating Economies of Scale and Multiples for Nuclear-Powered Data Centers and Other Applications with High Service Availability Needs

Nuclear energy is increasingly being considered for such targeted energy applications as data centers in light of their high capacity factors and low carbon emissions. This paper focuses on assessing the tradeoffs between economies of scale versus mass production to identify promising reactor sizes to meet data center demands. A framework is then built using the best cost estimates from the literature to identify ideal reactor power sizes for the needs of the given data center. Results should not be taken to be deterministic but highlight the variability of ideal reactor power output against the required demand. While certain advocates claim that with the gigawatts of clean, firm energy needed, large plants are ideal, others advocate for SMRs that can be deployed in large quantities and reap the benefits from learning effects. The findings of this study showcase that identifying the optimal size for a reactor is likely more nuanced and dependent on the application and its requirements. Overall, the study does show potential economic promise for coupling nuclear reactors to data centers and industrial heat applications under certain key conditions and assumptions.

22 GENERAL STUDIES OF NUCLEAR REACTORS↗

Advanced electrostatic ion thruster for space propulsion

The suitability of the baseline 30 cm thruster for future space missions was examined. Preliminary design concepts for several advanced thrusters were developed to assess the potential practical difficulties of a new design. Useful methodologies were produced for assessing both planetary and earth orbit missions. Payload performance as a function of propulsion system technology level and cost sensitivity to propulsion system technology level are among the topics assessed. A 50 cm diameter thruster designed to operate with a beam voltage of about 2400 V is suggested to satisfy most of the requirements of future space missions.

Masek, T. D.↗

Analysis of the economics of photovoltaic-diesel-battery energy systems for remote applications

Computer simulations were conducted to analyze the performance and operating cost of a photovoltaic energy source combined with a diesel generator system and battery storage. The simulations were based on the load demand profiles used for the design of an all photovoltaic energy system installed in the remote Papago Indian Village of Schuchuli, Arizona. Twenty year simulations were run using solar insolation data from Phoenix SOLMET tapes. Total energy produced, energy consumed, operation and maintenance costs were calculated. The life cycle and levelized energy costs were determined for a variety of system configurations (i.e., varying amounts of photovoltaic array and battery storage).

Brainard, W. A.↗

Manual of phosphoric acid fuel cell power plant cost model and computer program

Cost analysis of phosphoric acid fuel cell power plant includes two parts: a method for estimation of system capital costs, and an economic analysis which determines the levelized annual cost of operating the system used in the capital cost estimation. A FORTRAN computer has been developed for this cost analysis.

Lu, C. Y.↗

Using Technology Readiness Level (TRL), Life Cycle Cost (LCC), and Other Metrics to Supplement Equivalent System Mass (ESM) in Advanced Life Support (ALS)

The ALS project plan goals are reducing cost, improving performance, and achieving flight readiness. ALS selects projects to advance the mission readiness of low cost, high performance technologies. The role of metrics is to help select good projects and report progress. The Equivalent Mass (EM) of a system is the sum of the estimated mass of the hardware, of its required materials and spares, and of the pressurized volume, power supply, and cooling system needed to support the hardware in space. EM is the total payload launch mass needed to provide and support a system. EM is directly proportional to the launch cost.

Jones, Harry↗

Impact of carbon dioxide removal technologies on deep decarbonization: EMF37 MARKAL–NETL modeling results

Here this paper examines the MARKAL-NETL modeling results for the Energy Modeling Forum Study on Deep Decarbonization & High Electrification Scenarios for North America (EMF 37) with specific focus on carbon dioxide removal (CDR) technologies and opportunities under different scenarios guidelines, policies, and technological advancements. The results demonstrate that CDR, such as, bioenergy with carbon capture and storage (BECCS), direct air capture (DAC) and afforestation are key negative emission technologies in deep decarbonization scenarios in the U.S. are accounted for about 70% of annually avoided carbon dioxide emissions (CO 2 ) by 2050, or more than 2 billion tons of CO 2 (GtCO 2 ). The potential scale of CDR and its impact on the energy system depends on energy supply and demand technologies advancement and their costs, the level of end-use sectors electrification, availability and costs of CDR. Results show that the carbon prices are substantially lower if the advanced technologies available, particularly, in carbon management scenarios.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗