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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 19 records

An economic study of an advanced technology supersonic cruise vehicle

A description is given of the methods used and the results of an economic study of an advanced technology supersonic cruise vehicle. This vehicle was designed for a maximum range of 4000 n.mi. at a cruise speed of Mach 2.7 and carrying 292 passengers. The economic study includes the estimation of aircraft unit cost, operating cost, and idealized cash flow and discounted cash flow return on investment. In addition, it includes a sensitivity study on the effects of unit cost, manufacturing cost, production quantity, average trip length, fuel cost, load factor, and fare on the aircraft's economic feasibility.

Smith, C. L.↗

Evaluating NASA Technology Programs in Terms of Private Sector Impacts

NASA is currently developing spacecraft technology for application to NASA scientific missions, military missions and commercial missions which are part of or form the basis of private sector business ventures. The justification of R&D programs that lead to spacecraft technology improvements encompasses the establishment of the benefits in terms of improved scientific knowledge that may result from new and/or improved NASA science missions, improved cost effectiveness of NASA and DOD missions and new or improved services that may be offered by the private sector (for example communications satellite services). It is with the latter of these areas that attention will be focused upon. In particular, it is of interest to establish the economic value of spacecraft technology improvements to private sector communications satellite business ventures. It is proposed to assess the value of spacecraft technology improvements in terms of the changes in cash flow and present value of cash flows, that may result from the use of new and/or improved spacecraft technology for specific types of private sector communications satellite missions (for example domestic point-to-point communication or direct broadcasting). To accomplish this it is necessary to place the new and/or improved technology within typical business scenarios and estimate the impacts of technical performance upon business and financial performance.

Greenberg, J. S.↗

Financial options methodology for analyzing investments in new technology

The evaluation of investments in longer term research and development in emerging technologies, because of the nature of such subjects, must address inherent uncertainties. Most notably, future cash flow forecasts include substantial uncertainties. Conventional present value methodology, when applied to emerging technologies severely penalizes cash flow forecasts, and strategic investment opportunities are at risk of being neglected. Use of options evaluation methodology adapted from the financial arena has been introduced as having applicability in such technology evaluations. Indeed, characteristics of superconducting magnetic energy storage technology suggest that it is a candidate for the use of options methodology when investment decisions are being contemplated.

Wenning, B. D.↗

Documentation of the analysis of the benefits and costs of aeronautical research and technology models, volume 1

The analysis of the benefits and costs of aeronautical research and technology (ABC-ART) models are documented. These models were developed by NASA for use in analyzing the economic feasibility of applying advanced aeronautical technology to future civil aircraft. The methodology is composed of three major modules: fleet accounting module, airframe manufacturing module, and air carrier module. The fleet accounting module is used to estimate the number of new aircraft required as a function of time to meet demand. This estimation is based primarily upon the expected retirement age of existing aircraft and the expected change in revenue passenger miles demanded. Fuel consumption estimates are also generated by this module. The airframe manufacturer module is used to analyze the feasibility of the manufacturing the new aircraft demanded. The module includes logic for production scheduling and estimating manufacturing costs. For a series of aircraft selling prices, a cash flow analysis is performed and a rate of return on investment is calculated. The air carrier module provides a tool for analyzing the financial feasibility of an airline purchasing and operating the new aircraft. This module includes a methodology for computing the air carrier direct and indirect operating costs, performing a cash flow analysis, and estimating the internal rate of return on investment for a set of aircraft purchase prices.

Bobick, J. C.↗

A comparison of economic evaluation models as applied to geothermal energy technology

Several cost estimation and financial cash flow models have been applied to a series of geothermal case studies. In order to draw conclusions about relative performance and applicability of these models to geothermal projects, the consistency of results was assessed. The model outputs of principal interest in this study were net present value, internal rate of return, or levelized breakeven price. The models used were VENVAL, a venture analysis model; the Geothermal Probabilistic Cost Model (GPC Model); the Alternative Power Systems Economic Analysis Model (APSEAM); the Geothermal Loan Guarantee Cash Flow Model (GCFM); and the GEOCOST and GEOCITY geothermal models. The case studies to which the models were applied include a geothermal reservoir at Heber, CA; a geothermal eletric power plant to be located at the Heber site; an alcohol fuels production facility to be built at Raft River, ID; and a direct-use, district heating system in Susanville, CA.

Ziman, G. M.↗

Basic Finance

A discussion of the basic measures of corporate financial strength, and the sources of the information is reported. Considered are: balance sheet, income statement, funds and cash flow, and financial ratios.

Vittek, J. F.↗

The cost of energy from utility-owned solar electric systems. A required revenue methodology for ERDA/EPRI evaluations

This methodology calculates the electric energy busbar cost from a utility-owned solar electric system. This approach is applicable to both publicly- and privately-owned utilities. Busbar cost represents the minimum price per unit of energy consistent with producing system-resultant revenues equal to the sum of system-resultant costs. This equality is expressed in present value terms, where the discount rate used reflects the rate of return required on invested capital. Major input variables describe the output capabilities and capital cost of the energy system, the cash flows required for system operation amd maintenance, and the financial structure and tax environment of the utility.

Source record↗

Study of an advanced General Aviation Turbine Engine (GATE)

The best technology program for a small, economically viable gas turbine engine applicable to the general aviation helicopter and aircraft market for 1985-1990 was studied. Turboshaft and turboprop engines in the 112 to 746 kW (150 to 1000 hp) range and turbofan engines up to 6672 N (1500 lbf) thrust were considered. A good market for new turbine engines was predicted for 1988 providing aircraft are designed to capitalize on the advantages of the turbine engine. Parametric engine families were defined in terms of design and off-design performance, mass, and cost. These were evaluated in aircraft design missions selected to represent important market segments for fixed and rotary-wing applications. Payoff parameters influenced by engine cycle and configuration changes were aircraft gross mass, acquisition cost, total cost of ownership, and cash flow. Significant advantage over a current technology, small gas turbine engines was found especially in cost of ownership and fuel economy for airframes incorporating an air-cooled high-pressure ratio engine. A power class of 373 kW (500 hp) was recommended as the next frontier for technology advance where large improvements in fuel economy and engine mass appear possible through component research and development.

Gill, J. C.↗

Cargo Logistics Airlift Systems Study (CLASS). Volume 4: Future requirements of dedicated freighter aircraft to year 2008

The 1978 fleet operations are extended to the year 1992, thus providing an evaluation of current aircraft types in meeting the ensuing increased market demand. Possible changes in the fleet mix and the resulting economic situation are defined in terms of the number of units of each type aircraft and the resulting growth in operational frequency. Among the economic parameters considered are the associated investment required by the airline, the return on investment to the airline, and the accompanying levels of cash flow and operating income. Against this background the potential for a derivative aircraft to enter fleet operations in 1985 is defined as a function of payload size and as affected by 1980 technology. In a similar manner, the size and potential for a new dedicated 1990 technology, freighter aircraft to become operational in 1995 is established. The resulting aircraft and fleet operational and economic characteristics are evaluated over the period 1994 to 2008. The impacts of restricted growth in operational frequency, reduced market demand, variations in aircraft configurations, and military participation, are assessed.

Burby, R. J.↗

Economics of hydrogen production and liquefaction updated to 1980

Revised costs for generating and liquefying hydrogen in mid-1980 are presented. Plant investments were treated as straight-forward escalations resulting from inflation. Operating costs, however, were derived in terms of the unit cost of coal, fuel gas and electrical energy to permit the determination of the influence of these parameters on the cost of liquid hydrogen. Inflationary influence was recognized by requiring a 15% discounted rate of return on investment for Discounted Cash Flow financing analysis, up from 12% previously. Utility financing was revised to require an 11% interest rate on debt. The scope of operation of the hydrogen plant was revised from previous studies to include only the hydrogen generation and liquefaction facilities. On-site fuel gas and power generation, originally a part of the plant complex, was eliminated. Fuel gas and power are now treated as purchased utilities. Costs for on-site generation of fuel gas however, are included.

Baker, C. R.↗

Computer Program for Assessing the Economic Feasibility of Solar Energy for Single Family Residences and Light Commercial Applications

Computer program, SHCOST, was used to perform economic analyses of operational test sites. The program allows consideration of the economic parameters which are important to the solar system user. A life cycle cost and cash flow comparison is made between a solar heating system and a conventional system. The program assists in sizing the solar heating system. A sensitivity study and plot capability allow the user to select the most cost effective system configuration.

Forney, J. A.↗

Optimization of space manufacturing systems

Four separate analyses are detailed: transportation to low earth orbit, orbit-to-orbit optimization, parametric analysis of SPS logistics based on earth and lunar source locations, and an overall program option optimization implemented with linear programming. It is found that smaller vehicles are favored for earth launch, with the current Space Shuttle being right at optimum payload size. Fully reusable launch vehicles represent a savings of 50% over the Space Shuttle; increased reliability with less maintenance could further double the savings. An optimization of orbit-to-orbit propulsion systems using lunar oxygen for propellants shows that ion propulsion is preferable by a 3:1 cost margin over a mass driver reaction engine at optimum values; however, ion engines cannot yet operate in the lower exhaust velocity range where the optimum lies, and total program costs between the two systems are ambiguous. Heavier payloads favor the use of a MDRE. A parametric model of a space manufacturing facility is proposed, and used to analyze recurring costs, total costs, and net present value discounted cash flows. Parameters studied include productivity, effects of discounting, materials source tradeoffs, economic viability of closed-cycle habitats, and effects of varying degrees of nonterrestrial SPS materials needed from earth. Finally, candidate optimal scenarios are chosen, and implemented in a linear program with external constraints in order to arrive at an optimum blend of SPS production strategies in order to maximize returns.

Akin, D. L.↗

Study of component technologies for fuel cell on-site integrated energy systems

Heating, ventilation and air conditioning equipment are integrated with three types of fuel cells. System design and computer simulations are developed to utilize the thermal energy discharge of the fuel in the most cost effective manner. The fuel provides all of the electric needs and a loss of load probability analysis is used to ensure adequate power plant reliability. Equipment cost is estimated for each of the systems analyzed. A levelized annual cost reflecting owning and operating costs including the cost of money was used to select the most promising integrated system configurations. Cash flows are presented for the most promising 16 systems. Several systems for the 96 unit apartment complex (a retail store was also studied) were cost competitive with both gas and electric based conventional systems. Thermal storage is shown to be beneficial and the optimum absorption chiller sizing (waste heat recovery) in connection with electric chillers are developed. Battery storage was analyzed since the system is not electric grid connected. Advanced absorption chillers were analyzed as well. Recommendations covering financing, technical development, and policy issues are given to accelerate the commercialization of the fuel cell for on-site power generation in buildings.

Lee, W. D.↗

Study of component technologies for fuel cell on-site integrated energy system. Volume 2: Appendices

This data base catalogue was compiled in order to facilitate the analysis of various on site integrated energy system with fuel cell power plants. The catalogue is divided into two sections. The first characterizes individual components in terms of their performance profiles as a function of design parameters. The second characterizes total heating and cooling systems in terms of energy output as a function of input and control variables. The integrated fuel cell systems diagrams and the computer analysis of systems are included as well as the cash flows series for baseline systems.

Lee, W. D.↗

Satellite servicing: A business opportunity?

The possibilities of satellite servicing as a business opportunity are examined. The service rate which a user must be charged to yield a reasonable return is derived and then compared against the market's willingness to pay that rate. Steps taken to provide the basis from which the service rate could be derived include: (1) constructing a hypothetical on orbit servicing business offering both on orbit and associated ground services; (2) estimating the total on orbit service business potential by analyzing mission models to the year 2000; and (3) setting up ground rules to bound the conduct of the business. Using this basic information service demand (business volume) cost to set up the business, costs for operation and maintenance tax rates and desired rate of return are estimated to determine the user charge. Sensitivity of the service rate to various parameters are also assessed. The time span for the business venture runs from 1986 through 2000 with service to 1991 provided via the orbiter and by a space station beyond 1991. This point analysis shows about five years of negative cash flow, with steady profits thereafter.

Wong, R. E.↗

Lunar power system summary of studies for the lunar enterprise task force NASA-office of exploration

The capacity of global power systems must be increased by a factor of ten to provide the predicted power needs of electric power by the year 2050. The Lunar Power System (LPS) would collect solar energy at power bases located on opposing limbs of the moon as seen from Earth. LPS can provide dependable, economic, renewable, and environmentally benign solar energy to Earth. A preliminary engineering and cash flow model of the LPS was developed. Results are shown for a system scaled to a peak capacity of 355 GWe on Earth and to provide 13,600 GWe-Yrs of energy over a 70 year life cycle of construction and full operation. The growth in capacity of the reference system from start of installation on the moon in 2005 to completion of its nominal life cycle in the year 2070 is shown. World needs for power could be accommodated by expansion in capacity of the reference LPS beyond 344 GWe. This would be done by steadily incorporating newer technology during full operation and by establishing additional bases. The results presented encourage consideration of a faster paced program than is assumed herein.

Criswell, David R.↗

How to Control Airline Routes from the Supply Side: The Case of TAP

Competition in the European airline industry is currently fierce in the face of depressed demand conditions, and in the wake of privatizations and liberalization. The Portuguese flag carrier, TAP Air Portugal, operates within this environment. It is a medium sized carrier that was part of the defunct Qualiflyer Group alliance and has recently joined the Star Alliance. It controls more than 50% of the air market between Europe and Brazil and Europe and Angola. Nevertheless, it has been experiencing financial losses. One reason for this is that, following the reasoning of Ronald Coase (1946), it is difficult for any company with decreasing average costs to recover full costs in a highly competitive market. One way of approaching the problem is to establish quasi-monopoly power and airlines have done this through such things as frequent flyer programs and hub-and-spoke operations. Other airlines, notably charter carriers, have sought to adjust capacity and services to meet an anticipated cash flow. In practice, many have used a combination of measures with mixed success. This paper focuses on how TAP has responded to changing conditions by adjusting its supply-side activities in terms of restructuring its network to maximize potential revenues.

Button, Kenneth↗

Influence of Ductility on the Performance of Lunar Habitat Structures Under Recurrent Disturbances

This research examines how ductility affects the durability of lunar surface structures against recurring disturbances like moonquakes, micrometeorite impacts, and thermal cycles over an extended period. The structural performance at various levels of ductility was determined by adjusting material parameters and the thickness of a reference multilayered dome structure. Moonquake and micrometeorite impact-induced lateral displacements were estimated using a reduced-order model under a control-oriented dynamic computational modeling framework. The study considered the degradation of the metallic dome’s strength properties over time due to thermal cycles. Fragility curves were generated by assessing the likelihood of reaching three predefined damage levels as a result of multiple hazards. Additionally, a discounted cash flow analysis was conducted to incorporate a financial aspect into the performance comparison. The findings revealed that structures with sufficient ductility capacity have a lower probability of sustaining severe damage or collapsing within a shorter time frame. Hence, having ductile structures in lunar environments is advantageous as it allows the postponement of maintenance and repair actions, thereby conserving scarce resources for more urgent tasks. Moreover, the financial analysis demonstrated that lunar habitats with higher ductile capacities result in larger net present values, offering a higher return on the initial investment.

Arsalan Majlesi↗