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The Implications of Global Change for the Co-Evolution of Argentina's Integrated Energy-Water-Land Systems

This study seeks to understand how Argentina’s energy, water, and land (EWL) systems will co-evolve under a representative array of human and earth system influences, including socioeconomic change, climate change, and climate policy. To capture Argentina’s sub-national EWL dynamics in the context of global change, we couple the Global Change Analysis Model with a suite of consistent, gridded sectoral downscaling models to explore multiple stakeholder-engaged scenarios. Across scenarios, Argentina has the economic opportunity to use its vast land resources to satisfy growing domestic and international demand for crops, such as oil (e.g., soy) and biomass. The human (rather than earth) system produces the most dominant changes in mid-century EWL resource use. A Reference scenario characterized by modest socioeconomic growth projects a 40% increase in Argentina’s agricultural production by 2050 (relative to 2020) by using 50,000 km 2 of additional cropland and 40% more water. A Climate Policy scenario designed to achieve net-zero carbon emissions globally shortly after mid-century projects that Argentina could use 100,000 km 2 of additional land (and 65% more water) to grow biomass and other crops. The burden of navigating these national opportunities and challenges could fall disproportionately on a subset of Argentina’s river basins. The Colorado and Negro basins could experience moderate-to-severe water scarcity as they simultaneously navigate substantial irrigated crop demand growth and climate-induced declines in natural water availability. Argentina serves as a generalizable testbed to demonstrate that multi-scale EWL planning challenges can be identified and managed more effectively via integrated analysis of coupled human-earth systems.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Improving the prediction of daily reservoir releases over the CONUS using conditioned LSTM

Reservoirs play a vital role in regulating streamflow timing and variability for hydroelectricity, flood control, water supply, irrigation, and recreation. Despite their importance, many reservoirs lack comprehensive operational guidelines, making their management complex due to conflicting operational objectives. Hence traditional policy-based reservoir models often fail to capture real-world conditions accurately and they depend on perfect streamflow predictions, which are not always available. In contrast, data-driven models like Long Short-Term Memory (LSTM) networks offer a robust alternative. This study introduces an approach that integrates reservoir characteristics—such as main use, climate, and maximum capacity—into the LSTM model to enhance reservoir release predictions. Using data from nearly 200 reservoirs in the contiguous United States (CONUS), our conditioned LSTM model (LSTM_cond) was compared with both the vanila LSTM and a traditional policy-based approach. Furthermore, our results show that while both LSTM_cond and LSTM perfoms better than the policy-based approach, LSTM_cond consistently outperforms LSTM for hydroelectric, water supply, irrigation, and recreation reservoirs. The KGE median values for LSTM_cond for out-sample reservoirs are 0.764, 0.565, 0.821, and 0.779, respectively, for the aforementioned reservoir types, which are consistently higher that the corresponding KGE values of 0.737, 0.413, 0.775, and 0.713 of LSTM, demonstrating its advantages in improving generalizability.

CONUS↗

Developing a Decision Support System for Regional Agricultural Nonpoint Salinity Pollution Management: Application to the San Joaquin River, California

Environmental problems and production losses associated with irrigated agriculture, such as salinity, degradation of receiving waters, such as rivers, and deep percolation of saline water to aquifers, highlight water-quality concerns that require a paradigm shift in resource-management policy. New tools are needed to assist environmental managers in developing sustainable solutions to these problems, given the nonpoint source nature of salt loads to surface water and groundwater from irrigated agriculture. Equity issues arise in distributing responsibility and costs to the generators of this source of pollution. This paper describes an alternative approach to salt regulation and control using the concept of “Real-Time Water Quality management”. The approach relies on a continually updateable WARMF (Watershed Analysis Risk Management Framework) forecasting model to provide daily estimates of salt load assimilative capacity in the San Joaquin River and assessments of compliance with salinity concentration objectives at key monitoring sites on the river. The results of the study showed that the policy combination of well-crafted river salinity objectives by the regulator and the application of an easy-to use and maintain decision support tool by stakeholders have succeeded in minimizing water quality (salinity) exceedances over a 20-year study period.

real-time management economics↗

Water & Energy Interdependencies Across Economic Sectors of the United States

The motivation of the Integrated Water Power Resilience Project is to identify and develop opportunities for improving resilience in the water and power sectors through coordinated planning, investment, and operations and thereby provide benefits to power and water utilities, consumers, and the environment. Water and power systems are interdependent, subject to many of the same natural and manmade hazards, and are critical for the well-being of communities and society. Because of the interconnectedness of water and power systems, there are substantial economic, social, and environmental benefits to co-managing the market sectors for resilience instead of managing them separately. To support this initiative and future research in this area, a county level water and energy flow dataset was developed to build, calculate, and visualize interconnections in water and energy between various sectors. This report presents county and regional water and energy visualizations across nine economic sectors of the United States: agriculture, commercial, electricity generation, industrial, mining, public water supply, residential, transportation, and wastewater treatment.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Preparing the Power Sector to Navigate Climate and Water Risks

As the climate changes, so will water availability and other ambient conditions, threatening the reliability of today's power system and tomorrow's clean energy grid. That's why researchers at the National Renewable Energy Laboratory (NREL) - along with those at Sandia National Laboratories, Oak Ridge National Laboratory, the City University of New York, the Electric Power Research Institute, and the National Energy Technology Laboratory - are studying both regional and national climate and hydrologic changes to provide a comprehensive assessment of climate and water impacts and risks to the U.S. power grid.

ENERGY PLANNING, POLICY, AND ECONOMY,HYDRO ENERGY↗

TRAILS Output Files

Overview This data repository contains ZIP files that store compressed versions of the output of running the WaterPaths utility planning and management tool in the DU Re-Evaluation mode (to download the tool, please see this GitHub repository). The tool was used to simulate the six-utility North Carolina Research Triangle problem. Details on the contents of each ZIP file can be seen below. Data details Temporal range: Weekly data for 2,344 weeks from 2015 to 2060 (45 years). Spatial range: Six water utilities in the North Carolina Research Triangle region (0: Chapel Hil/OWASA, 1: Durham, 2: Cary, 3: Raleigh, 4: Pittsboro, and 5: Chatham) File types: CSV and OUT Different solutions available The solution numbers correspond to the different pathway strategies (henceforth referred to as "solutions") discussed in paper's main and supporting text (abstract and link to the paper here). They are as follows: Sol92: The Durham-focused pathway strategy Sol132: The Raleigh-focused pathway strategy Sol140: The regionally-robust pathway strategy Objectives files These files can be accessed by unzipping solXX_objectives_pathways.zip that contains 1,000 Objectives_RDMXX_solsXX_to_XX.csv files. Each CSV file will consist of a row representing all the objective values for that specific solution, while every six columns represents the reliability, restriction frequency, infrastructure net present value ($ mil), peak financial cost, worst-case cost, and unit cost ($ per MG; in that order) for each of the six utilities. There will be 1,000 such files, denoting the performance of the six utilities across the 1,000 deeply uncertain states of the world (DU SOWs). Pathway files These files can be accessed by unzipping solXX_objectives_pathways.zip that contains 1,000 Pathways_sXX_RDMXX.out file. Each OUT corresponds to the set of infrastructure being triggered in a specific DU SOW, and each file will have the name file will consist of four tab-delimited columns that are described as follows: Realization: The realization in which an infrastructure options being triggered utility: The utility currently triggering infrastructure week: The week in which a specific infrastructure option is being triggered infra.: The infrastructure option being triggered If the OUT file contains only the header line, no infrastructure was triggered for that specific DU SOW. Policies files These files can be obtained by unzipping Policies.zip. Each of the 1,000 CSV files within the unzipped folder will contain weekly water use restriction policies for all 1,000 hydroclimatic realizations within a specific DU SOW. The column structure is as follows: 0rest_m: restriction multiplier for utility 0 (values between 0 and 1) 1rest_m: restriction multiplier for utility 1 (values between 0 and 1) 2rest_m: restriction multiplier for utility 2 (values between 0 and 1) 3rest_m: restriction multiplier for utility 3 (values between 0 and 1) 4rest_m: restriction multiplier for utility 4 (values between 0 and 1) 5rest_m: restriction multiplier for utility 5 (values between 0 and 1) 0transf: transfer volume for utility 0 (in MGD) 1transf: transfer volume for utility 1 (in MGD) 2transf: transfer volume for utility 2 (in MGD) 3transf: transfer volume for utility 3 (in MGD) 4transf: transfer volume for utility 4 (in MGD) 5transf: transfer volume for utility 5 (in MGD) Water Sources files These files can be obtained by unzipping WaterSources_subset.zip. Each of the 100 CSV files within the unzipped folder will contain weekly state variables at each water source for all 1,000 hydroclimatic realizations within a specific DU SOW. The column structure is as follows: Xvolume: available water volume from source X (in MGD) Xs_area: surface area of source X (in ACF) Xdemand: demand drawn from a water source from source X (in MGD) Xup_spill: upstream spillage from source X (in MGD) Xww_inflow: wastewater inflow from source X (in MGD) Xcatch_inflow: upstream catchment inflow to source X (in MGD) Xevap: evaporation multiplier for source X (values between 0 and 1) Xds_spill: downstream spillage from source X (in MGD) X_Y_alloc_cap: the allocated capacity from source X to utility Y (values between 0 and 1) X_Y_alloc_dem: the allocated demand from source X to utility Y (values between 0 and 1) Xtrmt_alloc_Y: the allocated treatment capacity from source X to utility Y (values between 0 and 1) Utilities files These files can be obtained by unzipping Utilities_subset.zip. Each of the 100 CSV files within the unzipped folder will contain weekly state variables at each utility for all 1,000 hydroclimatic realizations within a specific DU SOW. The column structure is as follows: Xst_vol: total available storage volume of utility X (in MG) Xcapacity: total storage capacity of utility X (in MG) Xnet_inf: : net inflow for all storage infrastructure for utility X (in MGD) Xst_rof: short term ROF for utility X (values between 0 and 1) Xst_stor_rof: short-term storage ROF for utility X (values between 0 and 1) Xst_trmt_rof: short-term treatment ROF for utility X (values between 0 and 1) Xlt_rof: long-term ROF for utility X (values between 0 and 1) Xlt_stor_rof: long-term storage ROF for utility X (values between 0 and 1) Xlt_trmt_rof: long-term treatment ROF for utility X (values between 0 and 1) Xrest_demand: restricted demand for utility X (in MGD) Xunrest_demand: unrestricted demand for utility X (in MGD) Xunfulf_demand: unfulfilled demand for utility X (in MGD) Xwastewater: wastewater return for utility X (in MGD) Xtreat_capacity: total treatment capacity for utility X (in MG) Xcont_fund: reserve (contingency) fund balance for utility X Xins_pout: insurance payout for utility X (% annual volumetric revenue) Xins_price: insurance price for utility X (% annual volumetric revenue) Xinfra_npv: infrastructure net present value for utility ($mil) Xst_vol: total available storage volume of utility X (in MG) Xdebt_serv: debt service for utility X (usually once per year if the infrastructure is triggered; % annual volumetric revenue) Xstor_vol: total stored volume (in MGD) Xobs_ann_dem: observed annual demand for utility X (in MGD) Xproj_dem: projected annual demand for utility X (in MGD) Xpv_debt_serv: present value of debt service payments for utility X (% annual volumetric revenue) Xgross_rev: gross revenue for utility X ($mil) Acknowledgment IM3 is a multi-institutional effort led by Pacific Northwest National Laboratory and supported by the U.S. Department of Energy's Office of Science as part of research in MultiSector Dynamics, Earth and Environmental Systems Modeling Program.

Artificial Intelligence↗

Integrated Urban Services: Program Impact and Business Plan Summary

The Integrated Urban Services (IUS) program, launched in 2021 and funded by the U.S. State Department under the United States-Association of Southeast Asian Nations (US-ASEAN) Smart Cities Partnership, aimed to bolster resilience in ASEAN cities by addressing challenges across food, energy, and water systems. Led by the National Renewable Energy Lab (NREL) with support from Regenerative Impact Ventures, the program focused on demonstrating the socio-economic benefits of integrated urban planning, educating stakeholders on circular economy principles, providing technical assistance to two ASEAN cities, and attracting private sector involvement. The program facilitated peer learning events, engaging public and private sector participants and leveraging knowledge from a group of global experts to inform approaches and best practices. Technical assistance was provided to two pilot cities, Iskandar Malaysia and Cagayan de Oro, Philippines, resulting in the development of market-driven business plans for resilient, circular, and regenerative energy-water-food system projects. The Iskandar Malaysia pilot focused on development of a state-of-the-art AgriTech Innovation Hub and Modern Farming Complex to enhance agricultural productivity and produce enough renewable energy to power the facilities. The Cagayan de Oro project aimed to enhance urban agricultural productivity and waste management through development of an Urban Precision Agricultural Complex featuring aeroponics, hydroponics, aquaponics, agrivoltaics, and a Black Solider Fly Facility for converting municipal solid waste into commodities. The success of the IUS program sets a precedent for replicating integrated urban service models globally, offering valuable insights for cities aiming to enhance their resilience and sustainability.

ASEAN↗

Definition of Earth Resource Policy and Management Problems in California

Management planning for the California water survey considers the use of satellite and airplane remote sensing information on water-source, -center, and -sink geographies. A model is developed for estimating the social benefit of water resource information and to identify the most important types of resource information relevant to regulatory agencies and the private sector.

Churchman, C. W.↗

What can we learn from decarbonization of the energy sector?

This is a chapter that will be part of an Open Source e-book published by the International Water Association Publishing House. The co-editors are Professors Z. Jason Ren and Krishna Pagilla. Decarbonizing water and wastewater treatment is an enormous challenge, but it is substantially smaller, in total carbon emissions, than decarbonizing the energy sector. When planning, executing, and assessing strategies for decarbonizing the water sector, water experts should partner with the energy sector and heed that sector’s lessons-learned in its ongoing process of decarbonization. In the energy sector, decarbonization pathways can be as simple as a supply-side technology that converts fuel to electricity more efficiently, reducing net carbon emissions for every kilowatt-hour generated. The pathways can be much more complex, however, as is the case with the demand-side reordering of behavior as seen with online shopping or working from home during a public health crisis. Both of those pathways reduce demand for private-vehicle fuel and shift some work, and associated carbon emissions, to other parts of the economy. This chapter explores decarbonization pathways that have been followed by the energy sector and assesses their applicability to the water sector.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Inspiring Tomorrow's Water Power Workforce to Lead the Clean Energy Revolution

Renewable water power, including hydropower and marine energy, will play a key role in building a reliable and flexible 100% clean energy future. That future needs a larger, modern workforce - one that's more diverse, equitable, and inclusive - to power and improve these technologies. And researchers at the National Renewable Energy Laboratory (NREL) are committed to fostering tomorrow's water power workforce through science, technology, engineering, and mathematics (STEM) and workforce development programs. Through events, online resources, and more, the lab aims to engage and inspire careers in water power.

app↗

The fluid definition of the ‘waters of the United States’: Non-uniform effects of regulation on US wetland protections

Recent revisions to the definition of the ‘waters of the United States’ (WOTUS) have considerably altered how wetlands are federally regulated under the Clean Water Act. The two most recent modifications to WOTUS, the Clean Water Rule (CWR) and the Navigable Waters Protection Rule (NWPR), represent two opposing approaches to the federal wetland policy. The impacts of these two rules on the regulation of wetlands have as of yet been poorly characterized at broad spatial scales. Using New York State (NYS) as a case study, we evaluated the jurisdictional statuses of more than 253 000 wetlands under the CWR and the NWPR to assess the landscape-scale effects of WOTUS re-definitions. Here, we found that statewide and within each of NYS's hydrologic regions, the NWPR protects fewer wetlands and less total wetland area than the CWR. The efficacy of the two regulations varied considerably in space across NYS, highlighting the need for comprehensive, nationwide assessments of wetland policy outcomes. We also observed that both rules produced non-uniform patterns in jurisdiction across a range of landscape positions and wetland sizes, preferentially protecting large wetlands close to the stream network. This effect was particularly pronounced under the NWPR, which excludes all geographically isolated wetlands from protection. Our findings in NYS emphasize the existence of unique patterns in protected wetlands across spatial scales, highlighting the value in applying geospatial analyses to evaluate environmental policy.

54 ENVIRONMENTAL SCIENCES↗

Nuclear Safety [Vol. 34, No. 1, January-March 1993]

Nuclear Safety is a review journal that covers significant developments in the field of nuclear safety. Its scope includes the analysis and control of hazards associated with nuclear energy, operations involving fissionable materials, and the products of nuclear fission and their effects on the environment. Primary emphasis is on safety in reactor design, construction, and operation; however, the safety aspects of the entire fuel cycle, including fuel fabrication, spent-fuel processing, nuclear waste disposal, handling of radioisotopes, and environmental effects of these operations, are also treated. Table of Contents for this issue follows. GENERAL SAFETY CONSIDERATIONS: 1 An Integrated Regional Approach To Risk Management of Industrial Systems, S. Chakraborty and R. Stratton; 9 Annual Technical Meeting of the NRC Cooperative Severe Accident Research Program, E. G. Silver; ACCIDENT ANALYSIS: 13 Deterministic Severe Accident Criteria as Severe Accident Design Criteria and Policy for the New Production Reactor-Heavy Water Reactor, P. T. Rhoads; 20 Proposed Deterministic Severe Accident Criteria for the Heavy Water Reactor-New Production Reactor Containment, K. D. Bergeron, S. E. Slezak, and C. E. Leach; 33 Quasi-Static Core Liquid Level Depression and Long-Term Core Uncovery During a PWR LOCA, Y. Kukita, R. R. Schultz, H. Nakamura, and J. Katayama; 49 LIRA: An Advanced Containment System to Minimize the Accidental Radioactivity Releases, A. Turricchia; 63 Errata to “A Review of Hydrogen Production During Melt/Water Interaction in LWRs,” Vol. 33, No. 4; CONTROL AND INSTRUMENTATION: 64 The Nuplex 80+™ Advanced Control Complex from ABB Combustion Engineering, F. Ridolfo, D. Harmon, and K. Scarola; DESIGN FEATURES: 76 A Scheme for Passive Isolation of the Containment of a Reactor, A. K. Ghosh, V. V. Raj, and K. Kakodkar; 84 Utility Requirements for Safety in the Passive Advanced Light-Water Reactor, T. U. Marston, W. H. Layman, and G. Bockhold, Jr.; WASTE AND SPENT FUEL MANAGEMENT: 91 Activities Related to Waste and Spent Fuel Management, Compiled by M. D. Muhlheim and E. G. Silver; OPERATING EXPERIENCES: 103 Testing Deficiencies in Auxiliary Systems Feedwater Systems, J. D. Kueck; 110 Reactor Shutdown Experience, Compiled by J. W. Cletcher; 113 Selected Safety-Related Events, Compiled by G. A. Murphy; 115 Operating U.S. Power Reactors, Compiled by M. D. Muhlheim and E. G. Silver; RECENT DEVELOPMENTS: 133 General Administrative Activities, Compiled by M. D. Muhlheim and E. G. Silver; 145 Reports, Standards, and Safety Guides, D. S. Queener; 150 Proposed Rule Changes as of Sept. 30, 1992; ANNOUNCEMENTS: 75 Harvard Short Course on Risk: Science, Assessment, and Management; 102 International Conference on Reactor Physics and Reactor Computations; 102 The Fourth International Conference on Nuclear Waste Reprocessing and Waste Management [RECOD ’94]; 132 International Symposium on the Radiological Exposure of the Population of the European Community from Radioactivity in the Mediterranean Sea [MARINA-MED]; 162 International High-Level Radioactive Waste Conference ‘Technology Integration—Above and Below”; 154 The Authors; 158 Indexes to Nuclear Safety, Volume 33.

11 NUCLEAR FUEL CYCLE AND FUEL MATERIALS↗

Sandia National Laboratories Annual Site Environmental Report, 2019: New Mexico

Sandia National Laboratories is a multimission laboratory managed and operated by National Technology & Engineering Solutions of Sandia, LLC, a wholly owned subsidiary of Honeywell International Inc., for the United States Department of Energy (DOE) National Nuclear Security Administration. The National Nuclear Security Administration’s Sandia Field Office administers the contract and oversees contractor operations at Sandia National Laboratories, New Mexico. Activities at the site support research and development programs with a wide variety of national security missions, resulting in technologies for nonproliferation, homeland security, energy and infrastructure, and defense systems and assessments. DOE and its management and operating contractor are committed to safeguarding the environment, assessing sustainability practices, and ensuring the validity and accuracy of the monitoring data presented in this Annual Site Environmental Report. This report summarizes the environmental protection and monitoring programs in place at Sandia National Laboratories, New Mexico, during calendar year 2019. Environmental topics include air quality, ecology, environmental restoration, oil storage, site sustainability, terrestrial surveillance, waste management, water quality, and implementation of the National Environmental Policy Act. This report is prepared in accordance with and as required by DOE O 231.1B, Admin Change 1, Environment, Safety, and Health Reporting, and has been approved for public distribution.

54 ENVIRONMENTAL SCIENCES↗

Sandia National Laboratories Annual Site Environmental Report, 2019: Tonopah Test Range, Nevada and Kaua'i Test Facility, Hawai'i

Sandia National Laboratories is a multimission laboratory managed and operated by National Technology & Engineering Solutions of Sandia, LLC, a wholly owned subsidiary of Honeywell International Inc., for the United States Department of Energy (DOE) National Nuclear Security Administration. The National Nuclear Security Administration’s Sandia Field Office administers the contract and oversees contractor operations at Sandia National Laboratories, Tonopah Test Range (SNL/TTR) in Nevada and Sandia National Laboratories, Kaua‘i Test Facility (SNL/KTF) in Hawai‘i. Activities at SNL/TTR are conducted in support of DOE weapons programs and have operated at the site since 1957. SNL/KTF has operated as a rocket preparation launching and tracking facility since 1962. DOE and its management and operating contractor are committed to safeguarding the environment, assessing sustainability practices, and ensuring the validity and accuracy of the monitoring data presented in this Annual Site Environmental Report. This report summarizes the environmental protection, restoration, and monitoring programs in place at SNL/TTR and SNL/KTF during calendar year 2019. Environmental topics include air quality, ecology, environmental restoration, oil storage, site sustainability, terrestrial surveillance, waste management, water quality, and implementation of the National Environmental Policy Act. This report is prepared in accordance with and as required by DOE O 231.1B, Admin Change 1, Environment, Safety, and Health Reporting, and has been approved for public distribution.

12 MANAGEMENT OF RADIOACTIVE AND NON-RADIOACTIVE W↗

2020 Annual Site Environmental Report for Sandia National Laboratories, Tonopah Test Range, Nevada, and Kaua'i Test Facility, Hawai'i

Sandia National Laboratories is a multimission laboratory managed and operated by National Technology & Engineering Solutions of Sandia, LLC, a wholly owned subsidiary of Honeywell International Inc., for the U.S. Department of Energy’s National Nuclear Security Administration. The National Nuclear Security Administration’s Sandia Field Office administers the contract and oversees contractor operations at Sandia National Laboratories, Tonopah Test Range (SNL/TTR) in Nevada and Sandia National Laboratories, Kaua‘i Test Facility (SNL/KTF) in Hawai‘i. Activities at SNL/TTR are conducted in support of U.S. Department of Energy weapons programs and have operated at the site since 1957. SNL/KTF has operated as a rocket preparation launching and tracking facility since 1962. The U.S. Department of Energy and its management and operating contractor are committed to safeguarding the environment, assessing sustainability practices, and ensuring the validity and accuracy of the monitoring data presented in this Annual Site Environmental Report. This report summarizes the environmental protection, restoration, and monitoring programs in place at SNL/TTR and SNL/KTF during calendar year 2020. Environmental topics include air quality, ecology, environmental restoration, oil storage, site sustainability, terrestrial surveillance, waste management, water quality, and implementation of the National Environmental Policy Act. This report is prepared in accordance with and as required by DOE O 231.1B, Admin Change 1, Environment, Safety and Health Reporting , and has been approved for public distribution.

54 ENVIRONMENTAL SCIENCES↗

2022 Annual Site Environmental Report for Sandia National Laboratories, Albuquerque, New Mexico

Sandia National Laboratories is a multimission laboratory managed and operated by National Technology & Engineering Solutions of Sandia, LLC, a wholly owned subsidiary of Honeywell International Inc., for the U.S. Department of Energy’s National Nuclear Security Administration. The National Nuclear Security Administration’s Sandia Field Office administers the contract and oversees contractor operations at Sandia National Laboratories, New Mexico. Activities at the site support research and development programs with a wide variety of national security missions, resulting in technologies for nonproliferation, homeland security, energy and infrastructure, and defense systems and assessments. The U.S. Department of Energy and its management and operating contractor are committed to safeguarding the environment, assessing sustainability practices, and ensuring the validity and accuracy of the monitoring data presented in this annual site environmental report. This report summarizes the environmental protection and monitoring programs in place at Sandia National Laboratories, New Mexico, during calendar year 2022. Environmental topics include cultural resource management, chemical management, air quality, ecology, environmental restoration, oil storage, site sustainability, terrestrial surveillance, waste management, water quality, and implementation of the National Environmental Policy Act. This report is prepared in accordance with and as required by DOE O 231.1B, Admin Change 1, Environment, Safety and Health Reporting, and has been approved for public distribution.

54 ENVIRONMENTAL SCIENCES↗

2023 Annual Site Environmental Report for Sandia National Laboratories, Albuquerque, New Mexico

Sandia National Laboratories is a multimission laboratory managed and operated by National Technology & Engineering Solutions of Sandia, LLC, a wholly owned subsidiary of Honeywell International Inc., for the U.S. Department of Energy’s National Nuclear Security Administration. The National Nuclear Security Administration’s Sandia Field Office administers the contract and oversees contractor operations at Sandia National Laboratories, New Mexico. Activities at the site support research and development programs with a wide variety of national security missions, resulting in technologies for nonproliferation, homeland security, energy and infrastructure, and defense systems and assessments. The U.S. Department of Energy and its management and operating contractor are committed to safeguarding the environment, assessing sustainability practices, and ensuring the validity and accuracy of the monitoring data presented in this annual site environmental report. This report summarizes the environmental protection and monitoring programs in place at Sandia National Laboratories, New Mexico, during calendar year 2023. Environmental topics include cultural resource management, chemical management, air quality, ecology, environmental restoration, oil storage, site sustainability, terrestrial surveillance, waste management, water quality, and implementation of the National Environmental Policy Act. This report is prepared in accordance with and as required by DOE O 231.1B, Admin Change 1, Environment, Safety and Health Reporting, and has been approved for public distribution.

54 ENVIRONMENTAL SCIENCES↗

How Well Do U.S. Western Water Markets Convey Economic Information?

An efficient market implies that potential gains from trade are fully captured. Achieving this requires a well-functioning market where prices reflect all available information. In the case of water rights markets, this implies that the permanent water rights transfer price reflects the sum of discounted returns to this asset (i.e., the lease price), the market interest rate, and a risk premium that reflects potential future water scarcity. Here, the purpose of this study is to assess the efficiency of western U.S. water markets by using the asset pricing model to measure how well prices reflect long-run returns to permanent water rights.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗