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At least 37 records · Page 2

NEWTS Economic Data Dashboard: Critical Materials for Energy

The NEWTS Economic Data Dashboard: Critical Materials for Energy is an economic screening tool for assessing the concentration and potential value of the 18 critical materials for energy in fossil energy-related wastewater across the United States. Datasets used to develop the dashboard and complete economic calculations are available as supplementary downloads. These resources were developed primarily using geochemical composition and volume data from the NEWTS Integrated dataset (version 1.0). Energy-related wastewater types presented in the dashboard include produced water (PW), brackish groundwater (BW), acid mine drainage (AMD), coal combustion residual leachate (CCRL), power plant flue gas desulfurization wastewater (FGD), and geothermal fluids. The concentrations of the following critical minerals were included in the analysis, when available: Al, Co, Cu, Dy, F, Ga, Ge, C, Ir, Li, Mg, Mn, Nd, Ni, Pt, Pr, Si, Tb. This economic screening tool was built to support identification of promising critical mineral feedstocks and economic research targets.

Critical Minerals; Critical Minerals and Materials

Reservoir Characterization and Techno-Economic Analysis of Enhanced Geothermal and Closed-Loop Systems in the Wattenberg Field of the Denver-Julesburg Basin, Colorado

This report provides details of reservoir characterization and techno-economic analysis for enhanced geothermal systems and closed-loop geothermal systems in the Denver-Julesburg Basin Wattenberg area. The analysis contributes to the Geothermal Limitless Approach to Drilling Efficiencies (GLADE) project, a multi-institutional research initiative focused on advancing geothermal energy development by reducing drilling costs and improving the rate of penetration. The GLADE project brings together national laboratories, academic institutions, and industry partners, including the U.S. Department of Energy's Geothermal Technologies Office, Occidental Petroleum, the National Laboratory of the Rockies (NLR), Los Alamos National Laboratory, Colorado School of Mines, Louisiana State University, Texas A&M University, and several drilling technology companies. As part of this effort, NLR developed and applied slender-body theory modeling tools and the GEOPHIRES simulator to support techno-economic analysis. The slender-body theory wellbore simulator evaluated thermal performance in U-loop, Eavor-type multilateral, and enhanced geothermal system well configurations. Results indicated that an optimized single U-loop design delivers an outlet temperature of 168.8 degrees Celsius,stabilizing at a final outlet temperature of 135.3 degrees Celsius. Heat production also improved significantly, with an average thermal output of 16.9 MWth and a final thermal output of 11.0 MWth. These results provided critical baseline data for selecting optimized systems for techno-economic analysis. Building on these outputs, NLR applied the GEOPHIRES techno-economic simulator to estimate the levelized cost of electricity for both the Eavor multilateral and enhanced geothermal systems. The sensitivity analysis showed that drilling costs exert a particularly strong impact on the levelized cost of electricity of multilateral systems. Therefore, advances in drilling technology and improved drilling rates could yield significant gains in the economic performance of these systems. In this context, the GLADE project directly supports the U.S. Department of Energy's mission to reduce the cost of geothermal energy and accelerate the deployment of next-generation geothermal technologies.

15 GEOTHERMAL ENERGY

Economic and environmental performance of biomass gasification for renewable natural gas production in the context of the U.S. natural gas supply

Bioenergy technologies offer potential for reducing greenhouse gas (GHG) emissions. One such promising technology is biomass gasification, which is the conversion of biomass into renewable natural gas (RNG) for use with a natural gas combined-cycle power generation system. However, the associated economic and emission effects need to be better understood to enable optimal decision-making and avoid missed opportunities for enhancing efficiency and increasing system circularity. This analysis explores opportunities to (1) decarbonize natural-gas-based systems and (2) leverage the extensive US natural gas infrastructure to mobilize biomass resources to achieve environmental and economic benefits. Here, in this analysis, the research team used a spatially explicit biomass logistics model (integrated with relevant biomass availability, technoeconomic analysis, and life cycle assessment information) to simulate economically optimal biomass allocation for RNG production and use for decarbonization in the United States. Results show that the United States has the potential to produce 9203 million GJ of RNG within the expected range of $\$$12–30/GJ. Further analyses tested the overall RNG production system's sensitivity to economic and emissions parameters of nine different processes. The sensitivity analysis results indicate that the median carbon abatement cost of RNG is most sensitive to changes in emissions associated with conversion processes and land use changes. These findings provide a deeper understanding of RNG's economic and emission potential for decision-making and guiding future research.

09 BIOMASS FUELS

Study of quiet turbofan STOL aircraft for short-haul transportation. Volume 5: Economics

The economic aspects of the STOL aircraft for short-haul air transportation are discussed. The study emphasized the potential market, the preferred operational concepts, the design characteristics, and the economic viability. Three central issues governing economic viability are as follows: (1) operator economics given the market, (2) the required transportation facilities, and (3) the external economic effects of a set of regional STOL transportation systems.

Source record

Economic effects of propulsion system technology on existing and future transport aircraft

The results of an airline study of the economic effects of propulsion system technology on current and future transport aircraft are presented. This report represents the results of a detailed study of propulsion system operating economics. The study has four major parts: (1) a detailed analysis of current propulsion system maintenance with respect to the material and labor costs encountered versus years in service and the design characteristics of the major elements of the propulsion system of the B707, b727, and B747. (2) an analysis of the economic impact of a future representative 1979 propulsion system is presented with emphasis on depreciation of investment, fuel costs and maintenance costs developed on the basis of the analysis of the historical trends observed. (3) recommendations concerning improved methods of forecasting the maintenance cost of future propulsion systems are presented. A detailed method based on the summation of the projected labor and material repair costs for each major engine module and its installation along with a shorter form suitable for quick, less detailed analysis are presented, and (4) recommendations concerning areas where additional technology is needed to improve the economics of future commercial propulsion systems are presented along with the suggested economic benefits available from such advanced technology efforts.

Sallee, G. P.

The economic impact of remote sensing data as the source of nonpoint pollution monitoring and control

Nonpoint pollution of streams with sediment as a result of runoff from alternative uses of land has become a socially unacceptable product of economic activity. This report describes a research approach to economically achieve correction of the nonpoint pollution problem. The research approach integrates the economic model with those data which may be obtainable from remotely sensed sources. The economic problem involves measurement of the direct benefits and costs associated with the changes in land management activities necessary to reduce the level of nonpoint pollution. Remotely sensed data from ERTS-1 may provide some of the information required for the economic model which indicates efficient solutions to the nonpoint pollution problem. Three classes of data (i.e., soil categories, vegetative cover, and water turbidity) have the potential to be measured by ERTS-1 systems. There is substantial research which indicates the ability of ERTS-1 to measure these classes of data under selected conditions.

Miller, W. L.

FBI fingerprint identification automation study. AIDS 3 evaluation report. Volume 4: Economic feasibility

The results of the economic analysis of the AIDS 3 system design are presented. AIDS 3 evaluated a set of economic feasibility measures including life cycle cost, implementation cost, annual operating expenditures and annual capital expenditures. The economic feasibility of AIDS 3 was determined by comparing the evaluated measures with the same measures, where applicable, evaluated for the current system. A set of future work load scenarios was constructed using JPL's environmental evaluation study of the fingerprint identification system. AIDS 3 and the current system were evaluated for each of the economic feasibility measures for each of the work load scenarios. They were compared for a set of performance measures, including response time and accuracy, and for a set of cost/benefit ratios, including cost per transaction and cost per technical search. Benefit measures related to the economic feasibility of the system are also presented, including the required number of employees and the required employee skill mix.

Mulhall, B. D. L.

Biomass to bio-energy supply chain: Economic viability, case studies, challenges and policy implications in India

Biomass supply chain (BSC) management is an integral part of renewable energy projects, which include biomass-harvesting, collection, storage, processing and transportation to the bio-energy plants. The sustainability concept identifies economy, environment, and society as the three principal pillars of bioenergy. With an effective BSC implemented, all three dimensions of sustainability can be attained. Although, there’s been extensive research on the environmental sustainability of BSC, the economic aspects are under-represented in existing literature. So, an elaborate analysis on the economic viability of BSCs developed worldwide and those in India is critical, and needs to be studied. This review conducts a detailed accounting of the economic aspects of a BSC which includes the existing challenges in designing an environmental-cum-economically efficient BSC and strategies to address the issues. The Indian context has been studied on the BSC models, highlighting their shortcomings, while encapsulating the essential insights from global BSC models for a cost-effective BSC-to-bioenergy in India. Here, this review also emphasizes the policies supporting the BSC in India and forecasts the future biomass demand and supply. This review will provide stakeholders with critical insights on BSC and related challenges and assist them to investigate and devise strategies for successful implementation of BSCs in India.

Biomass

Agriculture’s Potential Regional Economic Contributions to the United States Economy When Supplying Feedstock to the Bio-Economy

The economic impact of obtaining biomass could become significant to U.S. rural economies via the establishment of a bioeconomy. In 2023, the Bioenergy Technologies Office (BETO) and Oak Ridge National Laboratory provided a road map to obtain over a billion tons of biomass for conversion to bioenergy and other products. Using information from this roadmap, this study estimates the potential positive and negative economic impacts that occur because of land use change, along with increased technological advances. This is achieved by using the input–output model, IMPLAN, and impacting 179 Bureau of Economic Analysis regions in the conterminous United States. Biomass included in the analysis comprises dedicated energy crops, crop residues, and forest residues. The analysis found that managing pastures more intensively could result in releasing land to produce dedicated energy crops on 30.8 million hectares, resulting in the production of 361 million metric tons of biomass. This, coupled with crop residues from barley, corn, oats, sorghum, and wheat (162 million metric tons), plus forest residues (41 million metric tons), provide 564 million dry metric tons of biomass. Assuming the price for biomass in 2023 dollars was USD 77 per dry metric-ton, this additional production results in an economic benefit for the nation of USD 619 billion, an increase from the Business As Is scenario (Baseline) of almost USD 100 billion per year, assuming a mature biomass industry. An additional 700,000 jobs are required to grow, harvest/collect, and transport the biomass material from the land.

ForSEAM

Electric-vehicle battery second-life and recycling pathways: How economics depend on chemistry, processing, and application

We assess the economics of repurposing and recycling electric vehicle (EV) batteries by estimating the maximum acquisition price repurposers and recyclers could pay for used EV packs across cathode chemistries, first-life conditions, second-life applications, and recycling processes. We develop a novel open-source process-based cost model of a UL-1974-certified repurposing facility and leverage battery degradation models to estimate the maximum acquisition price repurposers could pay for used EV batteries while producing second-life battery energy storage systems with life-adjusted costs equivalent to new systems. We compare these maximum price estimates to maximum prices for recyclers based on cost and revenue estimates from the EverBatt model. We find that repurposing is more economical than recycling for lithium iron phosphate (LFP) batteries, due to their relatively long life and low value materials; recycling is generally more economical than repurposing for lithium nickel cobalt aluminum oxide (NCA) batteries, due to their shorter life and higher value materials; and the economics for lithium nickel manganese cobalt oxide (NMC) batteries depend more heavily on first life retirement conditions and second life application intensity. These results suggest an overall strategy: reuse LFP, recycle NCA, and sort NMC into recycling or repurposing pathways based on state of health and second-life application.

25 ENERGY STORAGE

Techno-economic and life-cycle analysis of strategies for improving operability and biomass quality in catalytic fast pyrolysis of forest residues

Many of the challenges faced by the first commercial biorefineries were associated with feedstock handling, quality, and cost. Strategies are needed to enable further expansion of biorefineries and meet the growing demand for bio-based fuels and products. Here, we examine 2 key feedstock challenges and mitigation strategies in the context of a catalytic fast pyrolysis (CFP) biorefinery: (1) the operability of the feed system, which may be improved by modifying the minimum particle size fed to the reactor, and (2) the quality of the biomass, which may be improved by employing air classification to remove undesirable material and increase fuel yields. We conduct techno-economic analysis (TEA) and life-cycle analysis for these strategies, employing a discrete event simulation model for biomass preprocessing combined with a series of correlations developed from literature data and a rigorous CFP conversion model. Our results highlight the importance of balancing increased cost and material losses from preprocessing against improved operability and fuel yields. Economics and sustainability were optimized when operating at the lowest minimum particle size, emphasizing the importance of minimizing material losses while maintaining the operability of the process. Economically, additional costs and material losses from air classification could be acceptable due to improved biomass conversion, and an optimum air classification speed was identified; however, the fuel GHG emissions were minimized when air classification was not used. Valorizing material removed during preprocessing as a coproduct could improve economics and sustainability, decreasing the burden of material losses.

09 - BIOMASS FUELS

Fluor Solvent Evaluation and Testing New Scope: Techno-economic Assessment of EEMPA Solvent for CO 2 Separations from Natural Gas Combined Cycle Power Plant

In this project, a techno-economic analysis (TEA) and sensitivity studies were conducted to assess the PNNL’s leading water-lean CO 2 capture solvent, EEMPA, for capture CO 2 from a natural gas combined cycle (NGCC) power plant at different levels of capture rate. Process models for the NGCC power plant, integrated with EEMPA carbon capture processes, were developed in Aspen Plus V14 using the most up-to-date property package for EEMPA-H 2 O-CO 2 system. The TEA evaluated EEMPA carbon capture process at normal capture rates (90%, 95% and 97%) against Case B32B (Cansolv) described in NETL Rev4a baseline report, and at higher capture rates aimed at achieving zero or negative emissions from the power plant (400 ppmv, 200 ppmv, and 100 ppmv CO 2 in exhaust gas), compared to typical Direct Air Capture (DAC) technologies. A manuscript was drafted for peer-reviewed publication. The results suggested that the carbon capture cost reaches a minimum of $\$$53.7/tonne CO 2 at 90% capture rate. Compared to Cansolv, one of the industrial benchmarks, EEMPA demonstrates 2-4% cost savings at capture rates up to 95%, but minimal savings at higher capture rate. The water lean-solvent system proves economically attractive for achieving moderate negative emissions (about 200 ppmv CO 2 in exhaust gas, and equivalent to 50% CO 2 removal from air) for NGCC flue gas, with marginal capture costs comparable to direct air capture (DAC) technologies. A sensitivity analysis results reveal that its economic advantage, unaffected by EEMPA price due to low solvent loss and degradation rate. However, the marginal carbon capture cost exceeds $\$$1,000/tonne CO 2 when transitioning from moderate to extreme negative emissions (100 ppmv CO 2 in exhaust gas), suggesting that water-lean solvents may not be economically competitive with other DAC technologies for removing more than 75% CO 2 from air. In addition, initial connection was established with Technology Center Mongstad (TCM) for a potential pilot testing proposal. However, detailed modeling and proposal preparation was not conducted due to the delay of non-disclosure agreement.

20 FOSSIL-FUELED POWER PLANTS

Techno-Economic Evaluation of Electrified Vehicle Options in Drayage Fleets

The electrification of drayage fleets offers potential economic and operational benefits, but the financial viability of electrified vehicles remains sensitive to battery cost, energy price, and fleet usage patterns. While total cost of ownership (TCO) is a useful benchmark, fleet operators and investors are equally concerned with investment performance metrics such as payback period (PB) and Internal Rate of Return (IRR), which better reflect financial risks and investment return timelines. This study develops a unified techno-economic framework that jointly evaluates TCO, PB, and IRR to determine when electrified trucks become cost-effective alternatives to diesel trucks. Building on a previously developed cost modeling tool and using real-world telematics data from a Class 8 drayage fleet at the Port of Savannah, the analysis incorporates projected battery cost trajectories, electricity and diesel price trends, vehicle efficiency improvements, and multiple battery capacities. Parameter ranges reflect widely cited projections and observed drayage-duty-cycle variability. A surrogate-modeling method approximates economic performance across thousands of battery cost–electricity price combinations, enabling high-resolution identification of conditions that achieve TCO parity, acceptable PB thresholds, and target IRR levels. Additionally, the study estimates the evolving share of the fleet that can feasibly electrify over time under multiple economic metrics. This integrated framework offers a novel, data-driven approach to inform risk-aware decision-making for fleet electrification and supports investment planning under evolving cost and operational conditions.

Sun, Ruixiao [ORNL] (ORCID:0000000341768676)

Transonic transport study: Economics

An economic analysis was performed to evaluate the impact of advanced materials, increased aerodynamic and structural efficiencies, and cruise speed on advanced transport aircraft designed for cruise Mach numbers of .90, .98, and 1.15. A detailed weight statement was generated by an aircraft synthesis computer program called TRANSYN-TST; these weights were used to estimate the cost to develop and manufacture a fleet of aircraft of each configuration. The direct and indirect operating costs were estimated for each aircraft, and an average return on investment was calculated for various operating conditions. There was very little difference between the operating economics of the aircraft designed for Mach numbers .90 and .98. The Mach number 1.15 aircraft was economically marginal in comparison but showed significant improvements with the application of carbon/epoxy structural material. However, the Mach .90 and Mach .98 aircraft are the most economically attractive vehicles in the study.

Smith, C. L.

United States transportation fuel economics (1975 - 1995)

The United States transportation fuel economics in terms of fuel resources options, processing alternatives, and attendant economics for the period 1975 to 1995 are evaluated. The U.S. energy resource base is reviewed, portable fuel-processing alternatives are assessed, and selected future aircraft fuel options - JP fuel, liquid methane, and liquid hydrogen - are evaluated economically. Primary emphasis is placed on evaluating future aircraft fuel options and economics to provide guidance for future strategy of NASA in the development of aviation and air transportation research and technology.

Alexander, A. D., III

The economic impact of NASA R and D spending

The economic impact of R and D spending, particularly NASA R and D spending, on the U. S. economy was evaluated. The crux of the methodology and hence the results revolve around the fact that it was necessary to consider both the demand effects of increased spending and the supply effects of a higher rate of technological growth and a larger total productive capacity. The demand effects are primarily short-run in nature, while the supply effects do not begin to have a significant effect on aggregate economic activity until the fifth year after increased expenditures have taken place. The short-term economic impact of alternative levels of NASA expenditures for 1975 was first examined. The long-term economic impact of increased levels of NASA R and D spending over a sustained period was then evaluated.

Evans, M. K.

SEASAT - A candidate ocean industry economic verification experiments

The economic benefits of an operational SEASAT system are discussed in the areas of marine transportation, offshore oil and natural gas exploration and development, ocean fishing, and Arctic operations. A description of the candidate economic verification experiments which could be performed with SEASAT-A is given. With the exception of the area of Arctic operations, experiments have been identified in each of the areas of ocean based activity that are expected to show an economic impact from the use of operational SEASAT data. Experiments have been identified in the areas of the offshore oil and natural gas industry, as well as ice monitoring and coastal zone applications. Emphasis has been placed on the identification and the development of those experiments which meet criteria for: (1) end user participation; (2) SEASAT-A data utility; (3) measurability of operational parameters to demonstrate economic effect; and (4) non-proprietary nature of results.

Miller, B. P.

Solar energy system economic evaluation for Colt Pueblo, Pueblo, Colorado

The Solar Energy System is not economically beneficial under the assumed economic conditions at Pueblo, Colorado; Yosemite, California; Albuquerque, New Mexico; Fort Worth, Texas; and Washington, D.C. Economic benefits from this system depend on decreasing the initial investment and the continued increase in the cost of conventional energy. Decreasing the cost depends on favorable tax treatment and continuing development of solar energy technology. Fuel cost would have to increase drastically while the cost of the system would have to remain constant or decrease for the system to become economically feasible.

Source record