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Results for “Economic Optimization”

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 109 records · Page 6
All sourcesNASA NTRSDOE OSTI
DOE OSTI2025

Economic Storage Size Optimization for Electric Vehicle Extreme-Fast Charging Stations

En-route charging infrastructure for electric vehicles is critical to support transportation needs. These charging stations are likely to have high loads and especially sharp peak loads given fast charging capabilities needed to meet transportation schedules. In order to reduce both strain on distribution grid infrastructure and charging station operational costs, many stations are likely to employ behind the meter storage. This paper demonstrates a behind the meter storage sizing optimization that employs an open-source agent-based vehicle behavior model (BEAM) to determine the best sizing across many scenarios. This optimization and analysis is novel in that it examines how storage size impacts not only charging station cost and peak load, but also vehicle queue times. The optimization is also applied across a wide analysis region with sufficient diversity and numbers to provide novel statistical analysis of optimal sizes.

Aka, Julius↗
DOE OSTI2022

Techno-Economic Analysis and Optimization for MOF-Based CO2 Capture from NGCC Applications

This poster presents the development of isotherm and contactor models for a tetraamine MOF for CO2 capture from NGCC flue gas sources. It presents results for development of an isotherm model for a tetraamine MOF, validation of a fixed bed model to experimental fixed bed breakthrough data, and optimization of a fixed bed TSA process and moving bed TSA process for CO2 capture from a NGCC flue gas source.

Matuszewski, Michael↗
DOE OSTI2022

Techno-Economic Analysis and Optimization of Integrated NGCC-MEA System at High CO2 Capture Levels

This poster contains preliminary results for an ongoing analysis of modeling and optimization of an NGCC plant with a solvent-based CO2 capture system with high levels of CO2 capture – up to and beyond net-zero emissions. The work was performed to understand the incremental cost of high capture in order to compare with direct-air capture and other net-negative technologies, as well as to understand optimal operation and design of the CCS unit to achieve high capture with minimal increase in cost.

Deshpande, Anuja↗
DOE OSTI2024

AmeriFlux US-OPE Optimizing Production Inputs for Economic and Environmental Enhancement (OPE3)

This is the AmeriFlux version of the carbon flux data for the site US-OPE Optimizing Production Inputs for Economic and Environmental Enhancement (OPE3). Site Description - The Optimizing Production Inputs for Economic and Environmental Enhancement (OPE3) site is located at the Beltsville Agricultural Research Center in Prince George's County, MD, and consists of a 22-ha production field, with an adjacent riparian wetland and first-order stream. Scientists from several U.S. Federal agencies, universities (foreign and domestic), and private industry have conducted multidisciplinary research at this location since 1998.

Alfieri, Joe↗
DOE OSTI2026

AmeriFlux FLUXNET-1F US-OPE Optimizing Production Inputs for Economic and Environmental Enhancement (OPE3)

This is the AmeriFlux Management Project (AMP) created FLUXNET-1F version of the carbon flux data for the site US-OPE Optimizing Production Inputs for Economic and Environmental Enhancement (OPE3). This is the FLUXNET version of the carbon flux data for the site US-OPE Optimizing Production Inputs for Economic and Environmental Enhancement (OPE3) produced by applying the standard ONEFlux (1F) software. Site Description - The Optimizing Production Inputs for Economic and Environmental Enhancement (OPE3) site is located at the Beltsville Agricultural Research Center in Prince George's County, MD, and consists of a 22-ha production field, with an adjacent riparian wetland and first-order stream. Scientists from several U.S. Federal agencies, universities (foreign and domestic), and private industry have conducted multidisciplinary research at this location since 1998.

Alfieri, Joe [USDA-ARS Hydrology and Remote Sensin↗
DOE OSTI2026

A Physics-Informed Reinforcement Learning Framework for Economic-Thermal Co-Optimization of Crypto Mining Data Centers: Preprint

The rapid expansion of cryptocurrency mining has created a new class of high-density data centers characterized by extreme thermal flux and high sensitivity to volatile economic markets. Traditional thermal management strategies, typically reliant on rule-based control, maintain static setpoints that fail to account for fluctuating electricity prices and cryptocurrency values - factors critical to mining profitability. To address this, we present a physics-informed reinforcement learning (PIRL) framework for economic-thermal co-optimization in crypto mining data centers. This framework consists of a proximal policy optimization (PPO) agent, a virtual testbed powered by high-fidelity physics-based models, and an interactive frontend dashboard. The PPO agent is trained using the virtual testbed and strict hardware safety limits. This physics-informed approach allows the agent to learn a stochastic policy that dynamically balances mining revenue against operational costs by co-optimizing HVAC cooling setpoints and IT computational hashrate. The simulation results demonstrate that the integrated framework achieved an 8.62% increase in net operational profit compared to traditional baseline strategies while strictly adhering to safety-critical temperature constraints (coolant supply temperature < 32 degrees C). This work provides a scalable template for the deployment of reinforcement learning in mission critical facilities where economic volatility and physical safety must be managed simultaneously.

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATI↗
DOE OSTI2022

Cryogenic energy storage: Standalone design, rigorous optimization and techno-economic analysis

Energy storage allows flexible use and management of excess electricity and intermittently available renewable energy. Cryogenic energy storage (CES) is a promising storage alternative with a high technology readiness level and maturity, but the round-trip efficiency is often moderate and the Levelized Cost of Storage (LCOS) remains high. The complex flowsheets with intricate thermodynamics at cryogenic temperatures as well as the presence of multiple loops and refrigeration cycles pose considerable challenges for rigorous model-based design and optimization of CES systems. We present an optimization strategy that couples rigorous process simulation and Bayesian optimization with flowsheet decomposition and identification of hidden coupling constraints to optimally design standalone CES systems. Further refinement is done via a local search using the limited-memory Broyden–Fletcher–Goldfarb–Shanno algorithm. Here our results indicate that it is possible to achieve more than 52% round-trip efficiency and an LCOS of $153/MWh for a standalone 100 MW/400 MWh CES system limited to short-term storage with daily charging–discharging. However, a detailed techno-economic assessment reveals that the LCOS considering total capital investment may exceed $267/MWh when all direct and indirect costs of installation and operation are considered.

25 ENERGY STORAGE↗
DOE OSTI2024

Hydrogen underground storage for grid electricity storage: An optimization study on techno-economic analysis

Here, this study performs a techno-economic analysis of hydrogen underground storage systems for grid electricity storage, evaluating their economic viability at the plant scale using dynamic optimization. It explores the feasibility of various system configurations and revenue models in the context of volatile electricity prices and the necessity for multiple revenue streams. The hypothesis tested is that large-scale hydrogen storage, despite its low round-trip efficiency, can be economically viable with the right mix of revenue streams. This study uses scenario-based analysis to assess the impacts of different system configurations, including engaging in time-shifting arbitrage, ancillary service markets and blending hydrogen with natural gas. Results indicate potential annual net cash flows of up to $\$$1.5 million from ancillary services integration and $\$$5.2 million from natural gas blending, contingent on specific system sizes. The study concludes that hydrogen underground storage for grid electricity storage can be profitable, and emphasizes that proper system design and precise electricity price forecasting are crucial for optimizing system performance and economic returns. This research sets the stage for further investigations into the scalability of hydrogen storage systems and their broader implications for grid electricity storage and energy market dynamics.

25 ENERGY STORAGE↗
DOE OSTI2020

Assessing the Additional Carbon Savings with Biofuel

A recent study claims that corn used for ethanol should not be considered to be inherently biogenically carbon-neutral because not all that corn was grown additional to the level otherwise. By assessing the extent of carbon neutrality of corn for ethanol using the reference point baseline approach and historical data that study concluded that the carbon intensity of US corn ethanol is 27% higher than that of gasoline. We develop a framework to determine the carbon neutrality of corn for ethanol by assessing the additional carbon uptake by crops using an anticipated baseline approach. We also apply this framework to determine the additional corn produced for ethanol and include the direct life cycle carbon emissions of only that portion of corn in the direct life cycle carbon intensity of corn ethanol. We implement this framework by integrating an economic model of the agricultural sector in the USA with a biogenic carbon model and life cycle analysis to quantify biogenic carbon uptake and direct life cycle emissions with and without corn ethanol expansion over the 2007–2027 period. We find that the combined biogenic carbon emissions and direct life cycle carbon emission intensity of corn ethanol (not including indirect land use related emissions) is 21% lower than gasoline. In conclusion, the lower value of this carbon intensity of corn ethanol compared with gasoline is robust to a wide range of parametric assumptions.

09 BIOMASS FUELS↗
DOE OSTI2022

Scale up, Field testing, and Optimization of Nontoxic, Durable, Economical Coatings for Control of Biofouling and Corrosion (Abstract Only)

The objective of this project is the technical maturation and demonstration of a durable, economical, and nontoxic coating, Superhydrophobic Lubricant Infused Composite (SLIC), that will prevent fouling organisms from growing on marine and hydrokinetic (MHK) structures and prevent invasive mussels from growing on hydropower structures. SLIC technology was developed and patented by PNNL. It combines multiple antifouling mechanisms to provide excellent antifouling performance, durability, and low hydrodynamic drag without using toxic materials. Advanced proof-of-concept testing and demonstrations completed during a Phase 1 TCF project attracted industry interest and partnerships for this Phase 2 effort focused on maturation of a commercial product. Specific tasks and tests will shift the development emphasis to optimizing formulations, validating antifouling performance to address specific application needs, explore compatibility with other paint systems, develop a product with useful shelf life (in can), and determine curing times and effective applications methodology. Phase 2 efforts will focus upon technology transfer and commercialization of the technology with the industrial team. Industrial partners now include a coatings development specialist (Lorama), hydrophobic material manufacturer and paint developer (Dry Surface Technologies), nontoxic biodegradable lubricants manufacturer (BioBlend), and aquatic applications specialists (Prometheus Innovations, River Connectivity Systems). Engagement with the MHK device developers, the PNNL Marine and Coastal Research Laboratory (MCRL) test site in Sequim WA, Bureau of Reclamation, and Taylor Shellfish throughout the project will provide topical expertise and field test sites that will deliver crucial real-world performance data. Through this Phase 2 effort, SLIC will transition from a Technical Readiness Level (TRL) 5 to TRL 6 and long-term performance data will be acquired through demonstrations. The field test data will allow optimization of SLIC formulation to enhance performance (e.g., durability) and packaging, which are key de-risking activities for technology transfer and ultimately to the production of a viable commercial product.

13 HYDRO ENERGY↗
DOE OSTI2024

Scale up, Field Testing, and Optimization of Nontoxic, Durable, Economical Coatings for Control of Invasive mussels at Hydropower Facilities (Final Report for CRADA 527)

In this effort, Pacific Northwest National Laboratory (PNNL) demonstrated the technical maturation of a durable, economical, and nontoxic coating (Superhydrophobic Lubricant Infused Composite, SLIC) that prevents invasive mussels and other unwanted organisms from growing on hydropower and marine structures. The physical characteristics of SLIC were measured using a variety of industry standard methods, just as a commercially available paint would, to show that it can rival other antifouling paints on the market not just in antifouling efficacy, but in structural integrity. SLIC also underwent extensive field testing in diverse field sites across the US to demonstrate that it is effective in varying environments. Engagement with industrial partners showed there is continued interest and need for a cost-effective, durable antifouling coating such as SLIC.

13 HYDRO ENERGY↗
DOE OSTI2020

Optimal Operation for Resilient and Economic Modes in an Islanded Alaskan Grid: Preprint

Power System is a complex system, with an objective to provide power to the customers. The objective is driven by a complex consideration of the secure, economic and resilient operation of the system. With the growing occurrence of extreme events emphasis has been shifted towards making the grid more resilient. However, an economic operation is still a priority for the utilities as well as its customers. Many utilities especially small isolated micro-grids do not emphasize much on an economic and resilient operation, but more on reliability. In this research we focus on striking a balance between economic and resilientoperation, ensuring reliability.

24 POWER TRANSMISSION AND DISTRIBUTION↗
DOE OSTI2020

Environmental and economic optima of solar home systems design: A combined LCA and LCC approach

Here, we compare the economic and environmental optimal design of Solar Home Systems (SHSs) and explore the role of economic incentives (such as tariffs and technology costs) in approximating the two optima. To achieve that, we present a methodology for the environmental and economic evaluation of grid-connected SHSs: user-scale electric systems involving a photovoltaic (PV) power system and a battery energy storage system. The proposed methodology is based on a mixed integer linear programming (MILP) optimization, life cycle assessment and life cycle costing. This methodological framework is applied to a case study involving a typical SHS installation in Italy. The results of the environmental optimal design brought to the evaluation of a 3.25 kW PV assisted by 8.66 kWh of nickel cobalt manganese batteries, whereas the costs of the SHS are minimized by a small PV system (less than 1 kW). Results underline that the environmental optimal configurations rely on battery technologies, which entails a significant cost compared to the grid connection. In contrast, the economic optimal design solutions is less impactful than the grid mix both from an environmental and economic points of view. Thanks to a reduction of batteries and PV costs, the environmental impact of the economic optimal design is expected to decrease in the future.

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATI↗
DOE OSTI2020

Economic Dispatch With Distributed Energy Resources: Co-Optimization of Transmission and Distribution Systems

The increasing penetration of distributed energy resources (DERs) in the distribution networks has turned the conventionally passive load buses into active buses that can provide grid services for the transmission system. To take advantage of the DERs in the distribution networks, this letter formulates a transmission-and-distribution (T&D) systems co-optimization problem that achieves economic dispatch at the transmission level and optimal voltage regulation at the distribution level by leveraging large generators and DERs. A primal-dual gradient algorithm is proposed to solve this optimization problem jointly for T&D systems, and a distributed market-based equivalent of the gradient algorithm is used for practical implementation. Finally, the results are corroborated by numerical examples with the IEEE 39-Bus system connected with 7 different distribution networks.

24 POWER TRANSMISSION AND DISTRIBUTION↗
DOE OSTI2022

REopt: Energy Decision Analysis [Slides]

REopt transforms complex energy project decisions into actionable results for building owners, utilities, and industry. Based on decades of NREL decision-support expertise, REopt guides investment in economic, resilient energy technologies. This presentation provides an overview of how REopt can help building owners, utilities, developers, and industry optimize the economic and resilience benefits of distributed energy resources.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗
DOE OSTI2020

REopt: Energy Decision Analysis

REopt transforms complex energy project decisions into actionable results for building owners, utilities, and industry. Based on decades of NREL decision-support expertise, REopt guides investment in economic, resilient energy technologies. This presentation provides an overview of how REopt can help building owners, utilities, developers, and industry optimize the economic and resilience benefits of distributed energy resources.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗