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At least 91 records · Page 5

Analysis of economics of a TV broadcasting satellite for additional nationwide TV programs

The influence of a TV broadcasting satellite, transmitting four additional TV networks was analyzed. It is assumed that the cost of the satellite systems will be financed by the cable TV system operators. The additional TV programs increase income by attracting additional subscribers. Two economic models were established: (1) each local network is regarded as an independent economic unit with individual fees (cost price model) and (2) all networks are part of one public cable TV company with uniform fees (uniform price model). Assumptions are made for penetration as a function of subscription rates. Main results of the study are: the installation of a TV broadcasting satellite improves the economics of CTV-networks in both models; the overall coverage achievable by the uniform price model is significantly higher than that achievable by the cost price model.

Becker, D.↗

Solar thermal technologies benefits assessment: Objectives, methodologies and results for 1981

The economic and social benefits of developing cost competitive solar thermal technologies (STT) were assessed. The analysis was restricted to STT in electric applications for 16 high insolation/high energy price states. Three fuel price scenarios and three 1990 STT system costs were considered, reflecting uncertainty over fuel prices and STT cost projections. After considering the numerous benefits of introducing STT into the energy market, three primary benefits were identified and evaluated: (1) direct energy cost savings were estimated to range from zero to $50 billion; (2) oil imports may be reduced by up to 9 percent, improving national security; and (3) significant environmental benefits can be realized in air basins where electric power plant emissions create substantial air pollution problems. STT research and development was found to be unacceptably risky for private industry in the absence of federal support. The normal risks associated with investments in research and development are accentuated because the OPEC cartel can artificially manipulate oil prices and undercut the growth of alternative energy sources.

Gates, W. R.↗

Solar thermal technology development: Estimated market size and energy cost savings. Volume 1: Executive summary

Estimated future energy cost savings associated with the development of cost-competitive solar thermal technologies (STT) are discussed. Analysis is restricted to STT in electric applications for 16 high-insolation/high-energy-price states. The fuel price scenarios and three 1990 STT system costs are considered, reflecting uncertainty over future fuel prices and STT cost projections. STT R&D is found to be unacceptably risky for private industry in the absence of federal support. Energy cost savings were projected to range from $0 to $10 billion (1990 values in 1981 dollars), dependng on the system cost and fuel price scenario. Normal R&D investment risks are accentuated because the Organization of Petroleum Exporting Countries (OPEC) cartel can artificially manipulate oil prices and undercut growth of alternative energy sources. Federal participation in STT R&D to help capture the potential benefits of developing cost-competitive STT was found to be in the national interest.

Gates, W. R.↗

Solar thermal technology development: Estimated market size and energy cost savings. Volume 2: Assumptions, methodology and results

Estimated future energy cost savings associated with the development of cost-competitive solar thermal technologies (STT) are discussed. Analysis is restricted to STT in electric applications for 16 high-insolation/high-energy-price states. Three fuel price scenarios and three 1990 STT system costs are considered, reflecting uncertainty over future fuel prices and STT cost projections. Solar thermal technology research and development (R&D) is found to be unacceptably risky for private industry in the absence of federal support. Energy cost savings were projected to range from $0 to $10 billion (1990 values in 1981 dollars), depending on the system cost and fuel price scenario. Normal R&D investment risks are accentuated because the Organization of Petroleum Exporting Countries (OPEC) cartel can artificially manipulate oil prices and undercut growth of alternative energy sources. Federal participation in STT R&D to help capture the potential benefits of developing cost-competitive STT was found to be in the national interest. Analysis is also provided regarding two federal incentives currently in use: The Federal Business Energy Tax Credit and direct R&D funding.

Gates, W. R.↗

Relative potentials of concentrating and two-axis tracking flat-plate photovoltaic arrays for central-station applications

The purpose of this study is to assess the relative economic potentials of concenrating and two-axis tracking flat-plate photovoltaic arrays for central-station applications in the mid-1990's. Specific objectives of this study are to provide information on concentrator photovoltaic collector probabilistic price and efficiency levels to illustrate critical areas of R&D for concentrator cells and collectors, and to compare concentrator and flat-plate PV price and efficiency alternatives for several locations, based on their implied costs of energy. To deal with the uncertainties surrounding research and development activities in general, a probabilistic assessment of commercially achievable concentrator photovoltaic collector efficiencies and prices (at the factory loading dock) is performed. The results of this projection of concentrator photovoltaic technology are then compared with a previous flat-plate module price analysis (performed early in 1983). To focus this analysis on specific collector alternatives and their implied energy costs for different locations, similar two-axis tracking designs are assumed for both concentrator and flat-plate options.

Borden, C. S.↗

Markets, Climate Change and Food Security in West Africa

West Africa is one of the most food insecure regions of the world. Sharply increased food and energy prices in 2008 brought the role of markets in food access and availability around the world into the spotlight, particularly in urban areas. The period of high prices had the immediate consequence of sharply increasing the number of hungry people in the region without boosting farmer incomes significantly. In this article, the interaction between markets, food prices, agricultural technology and development is explored in the context of West Africa. To improve food security in West Africa, sustained commitment to investment in the agriculture sector will be needed to provide some protection against global swings in both production and world markets. Climate change mitigation programs are likely to force global energy and commodity price increases in the coming decades, putting pressure on regions like West Africa to produce more food locally to ensure stability in food security for the most vulnerable.

Brown, Molly E.↗

Metroplex Optimization Model Expansion and Analysis: The Airline Fleet, Route, and Schedule Optimization Model (AFRS-OM)

This report describes the Airline Fleet, Route, and Schedule Optimization Model (AFRS-OM) that is designed to provide insights into airline decision-making with regards to markets served, schedule of flights on these markets, the type of aircraft assigned to each scheduled flight, load factors, airfares, and airline profits. The main inputs to the model are hedged fuel prices, airport capacity limits, and candidate markets. Embedded in the model are aircraft performance and associated cost factors, and willingness-to-pay (i.e. demand vs. airfare curves). Case studies demonstrate the application of the model for analysis of the effects of increased capacity and changes in operating costs (e.g. fuel prices). Although there are differences between airports (due to differences in the magnitude of travel demand and sensitivity to airfare), the system is more sensitive to changes in fuel prices than capacity. Further, the benefits of modernization in the form of increased capacity could be undermined by increases in hedged fuel prices

Sherry, Lance↗

Modeling Inflation Using a Non-Equilibrium Equation of Exchange

Inflation is a change in the prices of goods that takes place without changes in the actual values of those goods. The Equation of Exchange, formulated clearly in a seminal paper by Irving Fisher in 1911, establishes an equilibrium relationship between the price index P (also known as "inflation"), the economy's aggregate output Q (also known as "the real gross domestic product"), the amount of money available for spending M (also known as "the money supply"), and the rate at which money is reused V (also known as "the velocity of circulation of money"). This paper offers first a qualitative discussion of what can cause these factors to change and how those causes might be controlled, then develops a quantitative model of inflation based on a non-equilibrium version of the Equation of Exchange. Causal relationships are different from equations in that the effects of changes in the causal variables take time to play out-often significant amounts of time. In the model described here, wages track prices, but only after a distributed lag. Prices change whenever the money supply, aggregate output, or the velocity of circulation of money change, but only after a distributed lag. Similarly, the money supply depends on the supplies of domestic and foreign money, which depend on the monetary base and a variety of foreign transactions, respectively. The spreading of delays mitigates the shocks of sudden changes to important inputs, but the most important aspect of this model is that delays, which often have dramatic consequences in dynamic systems, are explicitly incorporated.macroeconomics, inflation, equation of exchange, non-equilibrium, Athena Project

Chamberlain, Robert G.↗

Economic utilization of general aviation airport runways

The urban general aviation airport economics is studied in detail. The demand for airport services is discussed, and the different types of users are identified. The direct cost characteristics of the airport are summarized; costs to the airport owner are largely fixed, and, except at certain large airports, weight is not a significant factor in airport costs. The efficient use of an existing airport facility is explored, with the focus on the social cost of runway congestion as traffic density at the airport build up and queues form. The tradeoff between aircraft operating costs and airport costs is analyzed in terms of runway length. The transition from theory to practice is treated, and the policy of charging prices only on aircraft storage and fuel is felt likely to continue. Implications of the study from the standpoint of public policy include pricing that spreads traffic peaks to improve runway utilization, and pricing that discriminates against aircraft requiring long runways and causes owners to adopt V/STOL equipment.

Piper, R. R.↗

Preliminary appraisal of hydrogen and methane fuel in a Mach 2.7 supersonic transport

The higher heating value of hydrogen relative to JP fuel is estimated to reduce fuel weight by three fold and gross weight by 40 percent for comparable designed airplanes of equal payload and range. Engine design parameters were varied to determine the influence of lower noise goals on gross weight and direct operating cost. At current fuel prices, the DOC of a hydrogen airplane would be much higher than that of a JP airplane. A methane airplane could offer an 8.5-percent lower KOC than JP. But future shortages may escalate the prices of both JP and methane, whereas the price of hydrogen manufactured hydrolytically could be reduced from present levels. If in the future all three fuels are postulated to have equal costs per unit of energy, the DOC for hydrogen could be as much as 20 percent below that for JP on the reference 4000-nautical-mile mission. Longer ranges or lower noise requirements would improve the advantage of hydrogen.

Whitlow, J. B., Jr.↗

Design of short haul aircraft for fuel conservation

Current jet fuel prices of twice the 1972 level have significantly changed the characteristics of airplane design for best economy. The results of a contract with the NASA Ames Advanced Concepts and Missions Division confirmed the economic desirability of lower design cruise speeds and higher aspect-ratio wings compared to designs developed in the by-gone era of low fuel price. Evaluation of potential fuel conservation for short-haul aircraft showed that an interaction of airfoil technology and desirable engine characteristics is important: the supercritical airfoil permits higher aspect ratio wings with lower sweep; these, in turn, lower the cruise thrust requirements so that engines with higher bypass ratios are better matched in terms of lapse rate; lower cruise speeds (which are also better for fuel and operating cost economy) push the desired bypass ratio up further. Thus, if fuel prices remain high, or rise further, striking reductions in community noise level can be achieved as a fallout in development of a 1980s airplane and engine. Analyses are presented of developmental trends in the design of short-haul aircraft with lower cruise speeds and higher aspect-ratio wings, and the effects on fuel consumption of design field length, powered lift concepts, and turboprop as well as turbofan propulsion are discussed.

Bowden, M. K.↗

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.↗

Advanced General Aviation Turbine Engine (GATE) study

The small engine technology requirements suitable for general aviation service in the 1987 to 1988 time frame were defined. The market analysis showed potential United States engines sales of 31,500 per year providing that the turbine engine sales price approaches current reciprocating engine prices. An optimum engine design was prepared for four categories of fixed wing aircraft and for rotary wing applications. A common core approach was derived from the optimum engines that maximizes engine commonality over the power spectrum with a projected price competitive with reciprocating piston engines. The advanced technology features reduced engine cost, approximately 50 percent compared with current technology.

Smith, R.↗

Coal conversion products Industrial applications

The synfuels economic evaluation model was utilized to analyze cost and product economics of the TVA coal conversion facilities. It is concluded that; (1) moderate yearly future escalations ( 6%) in current natural gas prices will result in medium-Btu gas becoming competitive with natural gas at the plant boundary; (2) utilizing DRI price projections, the alternate synfuel products, except for electricity, will be competitive with their counterparts; (3) central site fuel cell generation of electricity, utilizing MBG, is economically less attractive than the other synthetic fuels, given projected price rises in electricity produced by other means; and (4) because of estimated northern Alabama synfuels market demands, existing conventional fuels, infrastructure and industrial synfuels retrofit problems, a diversity of transportable synfuels products should be produced by the conversion facility.

Warren, D.↗

Rating hydrogen as a potential aviation fuel

The viability of liquid hydrogen, liquid methane, and synthetic aviation kerosene as future alternate fuels for transport aircraft is analyzed, and the results of a comparative assessment are given in terms of cost, energy resource utilization, areas of fuel production, transmission airport facilities, and ultimate use in the aircraft. Important safety (fires) and some environmental aspects (CO2 balance) are also described. It is concluded that fuel price estimates indicate the price of synthetic aviation kerosene (synjet) would be approximately half of the price calculated for liquid hydrogen and somewhat less than that of liquid methane, with synjet from oil shale reported to be the least expensive.

Witcofski, R. D.↗

Performance and operational economics estimates for a coal gasification combined-cycle cogeneration powerplant

A performance and operational economics analysis is presented for an integrated-gasifier, combined-cycle (IGCC) system to meet the steam and baseload electrical requirements. The effect of time variations in steam and electrial requirements is included. The amount and timing of electricity purchases from sales to the electric utility are determined. The resulting expenses for purchased electricity and revenues from electricity sales are estimated by using an assumed utility rate structure model. Cogeneration results for a range of potential IGCC cogeneration system sizes are compared with the fuel consumption and costs of natural gas and electricity to meet requirements without cogeneration. The results indicate that an IGCC cogeneration system could save about 10 percent of the total fuel energy presently required to supply steam and electrical requirements without cogeneration. Also for the assumed future fuel and electricity prices, an annual operating cost savings of 21 percent to 26 percent could be achieved with such a cogeneration system. An analysis of the effects of electricity price, fuel price, and system availability indicates that the IGCC cogeneration system has a good potential for economical operation over a wide range in these assumptions.

Nainiger, J. J.↗

A U.S. view of silicon production processes

One of the objectives of the Low-Cost Solar Array Project is the demonstration of the practicality of processes for producing silicon, suitable for fabricating solar cells for terrestrial applications, at prices less than $14/kg. Approaches being investigated are related to a metallurgical silicon/silane/silicon process, a metallurgical silicon/dichlorosilane/Siemens-type process, and a silicon tetrachloride-zinc reduction process. There is a great probability that the first process will yield semiconductor grade Si at a price less than $14/kg. The second process appears to be capable of providing polysilicon with a purity equivalent to the present commercial semiconductor grade silicon at a price of about $20/kg. An important part of the program is the investigation of the effects of impurities on the performance of solar cells.

Lutwack, R.↗

Phosphoric acid fuel cell platinum use study

The U.S. Department of Energy is promoting the private development of phosphoric acid fuel cell (PAFC) power plants for terrestrial applications. Current PAFC technology utilizes platinum as catalysts in the power electrodes. The possible repercussions that the platinum demand of PAFC power plant commercialization will have on the worldwide supply and price of platinum from the outset of commercialization to the year 2000 are investigated. The platinum demand of PAFC commercialization is estimated by developing forecasts of platinum use per unit of generating capacity and penetration of PAFC power plants into the electric generation market. The ability of the platinum supply market to meet future demands is gauged by assessing the size of platinum reserves and the capability of platinum producers to extract, refine and market sufficient quantities of these reserves. The size and timing of platinum price shifts induced by the added demand of PAFC commercialization are investigated by several analytical methods. Estimates of these price shifts are then used to calculate the subsequent effects on PAFC power plant capital costs.

Lundblad, H. L.↗