Potential impacts of Brayton and Stirling cycle engines
Two engine technologies (Brayton cycle and Stirling cycle) are examined for their potential economic impact and fuel utilization. An economic analysis of the expected response of buyers to the attributes of the alternative engines was performed. Hedonic coefficients for vehicle fuel efficiency, performance and size were estimated for domestic cars based upon historical data. The marketplace value of the fuel efficiency enhancement provided by Brayton or Stirling engines was estimated. Under the assumptions of 10 years for plant conversions and 1990 and 1995 as the introduction data for turbine and Stirling engines respectively, the comparative fuel savings and present value of the future savings in fuel costs were estimated.