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Results for “Technoeconomic analysis”

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.

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At least 73 records · Page 4
All sourcesNASA NTRSDOE OSTI
DOE OSTI2021

Technoeconomic Analysis of Novel PV Plant Designs for Extreme Cost Reductions

This project sought to gain a deeper understanding of the cost and performance of future solar photovoltaic (PV) plant components, including bifacial PV modules, tandem PV modules, increased plant voltage architectures, and module-level power electronics, and how they may be integrated into new PV plant designs to significantly reduce the levelized cost of electricity (LCOE) of PV. This was done through extensive modeling of current PV plants and future technologies in three different locations, informed by a comprehensive literature review and informational interviews to develop performance and cost assumptions for these technologies. Sensitivities were conducted to understand tradeoffs between different design options, such as the added energy from increasing row spacing versus additional land costs. An optimization tool was then created utilizing an evolutionary algorithm to determine an optimal PV plant configuration for a given set of technologies that resulted in minimized plant LCOE based upon typical performance and cost inputs.

14 SOLAR ENERGY↗
DOE OSTI2022

Design and Technoeconomic Analysis of High-Temperature Particle Conveyance Components for a 100 MW e Concentrating Solar Power Plant

Levelized costs of electricity (LCOE) approaching the U.S. Department of Energy Solar Energy Technologies Office 2030 goal of 0.05 $/kWh may be achievable using Brayton power cycles that use supercritical CO2 as the working fluid and flowing solid particles with temperatures >700° C as the heat transfer media. The handling and conveyance of bulk solid particles at these temperatures in an insulated environment is a critical technical challenge that must be solved for this approach to be used. A design study was conducted at the National Solar Thermal Test Facility (NSTTF) at Sandia National Laboratories in Albuquerque, NM, with the objective of identifying the technical readiness level, performance limits, capital and O&M costs, and expected thermal losses of particle handling and conveyance components in a particle-based CSP plant. Key findings indicated that chutes can be a low-cost option for particle handling but uncertainties in tower costs make it difficult to know whether they can be cost effective in areas above the receiver if tower heights must then be increased. Skips and high temperature particle conveyance technology are available for moving particles up to 640° C. This limits the use of mechanical conveyance above the heat exchanger and suggests vertical integration of the hot storage bin and heat exchanger to facilitate direct gravity fed handling of particles.

14 SOLAR ENERGY↗
DOE OSTI2021

Solar-Thermal Ammonia Production: System Design and Technoeconomic Analysis [Slides]

CO 2 -neutral ammonia production with concentrated solar technology is theoretically possible based on advanced solar thermochemical looping technology. The parametric analysis points to the re-oxidation temperature and the H 3 yield as the most influential parameters in the energy balance. The cycle time and the nitride cost are the most influential parameters on the CAPEX. The techno-economics analysis shows the potential of the plant to achieve a target price <125 $\$$/tonne.

37 INORGANIC, ORGANIC, PHYSICAL, AND ANALYTICAL CH↗
DOE OSTI2022

Technoeconomic Analysis of Infrastructure Buildout Scenarios

The success of CCUS deployment in the southeast will depend on the optimized pipeline network from CO 2 point sources to geologic sinks for CO 2 storage. An optimal pipeline framework will reduce both environmental impacts and pipeline building cost. However, finding an optimal pipeline/transport infrastructure design is a non-trivial task and requires simultaneous usage of large volumes of data, computational resources, and a state-of-the-art simulator. Such a transport infrastructure model must consider point sources for CO 2 capture and associated volumes, sinks for CO 2 storage, and transportation from source to sink via pipeline networks. These considerations must be addressed simultaneously and systemically in an optimization process, in which a defined objective function (i.e., capital, variable CO 2 capture, transport, and storage cost function) is required to be minimized with the consideration of practical constraints (e.g., CO 2 flow through pipelines is less than the maximum capacity). Although optimization has been widely used in subsurface resources production and CO 2 storage, its application in large scale CCUS infrastructure design is rarely reported in the literature. SimCCS, developed by Los Alamos National Laboratory, is an open-source CCUS pipeline infrastructure design toolset that facilitates the optimization of pipeline infrastructure networks.

99 GENERAL AND MISCELLANEOUS↗
DOE OSTI2024

Flexible Technoeconomic Analysis Tools for Evaluating Emerging Power Generation Technologies in Hourly Electricity Markets using IDAES and Pyomo

Conference presentation leveraging the recently developed “price-taker class”. We use the tool to develop and showcase workflows that enable rapid technology evaluation for power generation technologies. This work shows a reimplementation of previous results that were conducted outside the price-taker class framework, indicating this workflow is indeed streamlining emerging technology analysis.

Laky, Daniel↗
DOE OSTI2024

Technoeconomic Analysis of a Direct Air Capture System Utilizing a Looped CaCO3/Ca(OH)2 Process

This presentation reports preliminary results from a screening level techno-economic analysis of a looped CaCO3/Ca(OH)2 direct air capture process. Preliminary results reveal that the looped CaCO3/Ca(OH)2 process may be cost competitive with solvent- and sorbent-based DAC technologies. Results from a detailed sensitivity analysis revealing multiple avenues for system optimization and cost reduction are presented.

Homsy, Sally↗
DOE OSTI2025

Technoeconomic Analysis (TEA)

Techno-economic analysis (TEA) for the DuraMAT Consortium includes the following areas: linking solar photovoltaic (PV) technology trends to reliability implications; providing a framework to calculate technology costs, yielding insights useful for research decision-making, proposals, technology selection, and publications; and examining technology tradeoffs considering lifecycle project economics. This poster highlights results from the first and second iterations of the DuraMAT Technology Scouting reports as well as the updated Simplified PV Levelized Cost of Energy (LCOE) Calculator.

14 SOLAR ENERGY↗
DOE OSTI2021

Regional Hybrid Energy Systems Technoeconomic Analysis

The National Renewable Energy Laboratory (NREL) has been working with the Idaho National Laboratory (INL) and Argonne National Laboratory (ANL) to analyze the potential that hybridizing Xcel Energy's two nuclear power plants in Minnesota might have. The hybrid nuclear power plants would maximize sales of electricity when its price is high and reduce electricity sales to maximize hydrogen production when the price of electricity is low. This presentation summarizes the project's approach and status and communicates future direction.

ENERGY PLANNING, POLICY, AND ECONOMY,HYDROGEN↗
DOE OSTI2022

Regional Hybrid Energy Systems Technoeconomic Analysis

This presentation summarizes the final outputs from a multi-year HFTO-funded project that evaluated the potential for hybridized nuclear power plants to economically produce hydrogen. The focus of this presentation is on the interactions between the electricity system modeling and hydrogen system optimization and the resulting figures of merit. This project partnered with Idaho National Laboratory, Argonne National Laboratory, Electric Power Research Institute, and Xcel Energy.

ENERGY PLANNING, POLICY, AND ECONOMY,HYDROGEN↗
DOE OSTI2024

Task 3.1: Research and Development Guiding Technoeconomic Analysis and Life-Cycle Assessment

Technologies under development aim to increase yields of desired end products, reduce overall raw material costs, and/or develop more energy-efficient strategies for product recovery. Techno-economic analysis (TEA) and life-cycle assessments (LCA) help assure that economic and sustainability predictions of the technologies are unbiased and compelling and provide guidance to experimentalists on areas that need focus. Building on previous work, the performance-advantaged bioproducts and bioprocessing separations project (SepCon) continues to use the integrated TEA and LCA to evaluate and guide technologies under development and target challenges relevant to the industry and the Bioenergy Technologies Office (BETO) priority pathways. The analysis team aims to provide credible, unbiased assessments for each technology under development, with ongoing assessments to guide experimental teams. Additionally, the team also supports journal publications highlighting key findings.

biofuels↗
DOE OSTI2024

Technoeconomic Analysis of Discrete and Unitized Reversible Fuel Cells for Energy Storage Applications

Reversible Fuel Cell (RFC) systems offer promising characteristics for stationary long duration energy storage applications. Two main configurations of RFC systems exist: discrete RFC systems and unitized RFC systems. While discrete RFC systems combine independent fuel cell and electrolyzer systems for energy storage, unitized RFC systems utilize a single electrochemical stack and might share balance of plant (BOP) components for both charging and discharging processes. While this configuration reduces upfront capital costs, challenges of unitized RFC designs include potential performance trade-offs due to dual-mode stack design and operational complexities across varying loads and operating conditions. Furthermore, these tradeoffs might be different for low-temperature PEM RFCs than for high-temperature reversible solid oxide cell systems. The goal of this project is to assess unitized RFC system potential in the context of long duration grid energy storage and HFTO's technical targets for different discrete fuel cell and electrolyzer technologies. This presentation presents preliminary review of state-of-the-art unitized RFC cells and assesses how they perform relative to HFTO's technical targets. It also presents literature-derived system configurations worth investigating. This review indicates that lab-scale unitized RFCs are making good progress towards meeting HFTO's technical targets.

HYDROGEN↗
DOE OSTI2020

Techno-Economic Analysis for GTI's Compact Hydrogen Generator

A technoeconomic analysis of the compact hydrogen generator compared to a traditional steam methane reformer (SMR) was performed for both processes with and without carbon capture. The project goal for the technoeconomic analysis was to demonstrate a minimum of 20% lower CAPEX and 15% lower levelized cost of hydrogen compared to SMR with and without carbon capture. GTI obtained baseline capital and costs for the SMR with and without and methodology to calculate the levelized cost of hydrogen from an IEAGHG Technical Report: 2017-02 Techno-Economic Evaluation of SMR Based Standalone (Merchant) Hydrogen Plant with CCS. This methodology was then applied to GTI’s compact hydrogen generator using direct material costs previously obtained from a reputable engineering procurement and construction company, CB&I Howe-Baker. The analysis was performed for plants producing 90MMSCFD (million standard cubic feed per day) of hydrogen. Direct material costs were converted to total installed costs and total capital requirements using the same multiplying factors for both processes. We have found that the direct materials cost of the compact hydrogen generator is less than half the direct materials cost required for SMR without capture, and about one quarter the direct materials cost of SMR with carbon capture. This low materials cost translates into a significant CAPEX savings and lower levelized cost of hydrogen that exceed the goals of the techno-economic assessment. We have found that the CHG has a 43% lower installed cost and capital requirement compared to SMR without capture, that results in a levelized cost of hydrogen that is 19% lower than SMR. When 90% CO2 capture is added to the plants, the advantages is even better. The CHG has a 51% lower installed and capital requirement compared to SMR with capture, resulting in a 28% lower levelized cost of hydrogen. A sensitivity analysis was performed and showed natural gas feedstock cost and discount rate to be the main contributors to hydrogen price sensitivity. Given these significant cost advantages, GTI is encouraged to continue to develop the technology and market the economic advantages as well as the efficiency gains and ability to inherently capture CO2.

08 HYDROGEN↗
DOE OSTI2022

Technoeconomic Cost Analysis of NREL Concentrating Solar Power Gen3 Liquid Pathway

The National Renewable Energy Laboratory is leading the liquid (molten salt) power tower pathway for the U.S. Department of Energy's concentrating solar power Gen3 initiative. The Gen3 liquid pathway required updated designs to three major components: the tower and receiver, the thermal energy storage tanks, and the power cycle. We assume a 100 MWe net system output and used the System Advisor Model (SAM) to complete a technoeconomic cost analysis of the Gen3 liquid pathway design and estimate its levelized cost of electricity. This paper summarizes the methodology and results of that analysis.

chloride salt↗