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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
All sourcesNASA NTRSDOE OSTI
NASA NTRS2003

Leasing as a Source of Finance by the Major US Airlines: Hidden Debt and its Changes Over Time

This paper updates prior research on aircraft leasing and contrasts the findings of current data with prior results. Usage of leases by air carriers is a means to lessen the impact of financial obligations from fleet purchases. The study revisits two previous studies, one in 1969 and one in 1991, which is analyzed the incidence of leases by major air carriers. The current study updates these past studies to consider air carriers current usage of leases. Additionally, since operating leases are not reflected in the balance sheets of airlines, operating lease information was capitalized using a present value of future operating lease payments. Then, financial debt burden ratios were computed to determine the impact from the capitalization of lease information. The usage of operating leases increased, significantly from the first study to the 1991 study, and this trend continues. The incidence of leasing, the classification of leases as operating, and the percentage of operating leases to total fleet have all increased for the majority of the airlines reviewed. When operating lease data were capitalized, debt ratios weakened, providing further evidence of deterioration in the financial health of air carriers.

Gritta, Richard D.↗
DOE OSTI2021

Performance of solar leasing for low- and middle-income customers in Connecticut

Policymakers are increasingly interested in expanding access to rooftop photovoltaic systems. This study analyzes the financial performance of a Connecticut Green Bank (CGB) solar leasing program, run in partnership with PosiGen, that targets low- and moderate-income customers. We show that this program has successfully reached underserved customers and has reasonable repayment rates given the credit characteristics of the participants. The CGB/PosiGen program reaches many more underserved customers than other PV financing programs in Connecticut.For example, the majority of CGB/PosiGen participants (58%) live in census tracts that have a median income of less than 80% of the area median income (AMI). In contrast, only 9% of participants in the other CGB solar financing programs live in these census tracts. Furthermore, the majority of CGB/PosiGen participants (56%) have FICO scores that would generally be considered non-prime (<670), whereas only 2% of participants in the other programs have similarly low scores. Credit, not income, is the primary factor that explains participants’ financial performance. Overall, we find that delinquency and annualized losses are higher for PosiGen (2.3% and 0.9%) than for other CGB programs (1.4% and 0.1%). Across the CGB programs, lower credit scores are associated with higher rates of delinquency and loss. Therefore, participants’ lower credit scores explain much of the program’s higher rates of delinquency and annualized losses. PosiGen leases perform competitively with market-rate solar and non-solar leases and loans. When compared to securities backed by market-rate PV loans and leases with similar amounts of seasoning, we find that the PosiGen leases have higher delinquency rates but comparable gross loss rates. The similarity in losses is notable given that loss rates for PosiGen leases were higher than those of the other CGB leases and loans. Rather than the PosiGen leases having high loss rates, other CGB leases and loans have unusually low loss rates. We also compare PosiGen to non-solar benchmarks, including indices of auto and consumer loans. We find that the PosiGen leases have significantly less delinquency than non-prime auto loans and have performance comparable to many consumer loans. The U.S. Department of Energy’s Solar Energy Technologies Office supported this research.

14 SOLAR ENERGY↗
DOE OSTI2019

Adaptive extension of leases for entries in a translation lookaside buffer

The described embodiments include a computing device with two or more translation lookaside buffers (TLB). During operation, the computing device updates an entry in the TLB based on a virtual address to physical address translation and metadata from a page table entry that were acquired during a page table walk. The computing device then computes, based on a lease length expression, a lease length for the entry in the TLB. Next, the computing device sets, for the entry in the TLB, a lease value to the lease length, wherein the lease value represents a time until a lease for the entry in the TLB expires, wherein the entry in the TLB is invalid when the associated lease has expired. The computing device then uses the lease value to control operations that are allowed to be performed using information from the entry in the TLB.

97 MATHEMATICS AND COMPUTING↗
DOE OSTI2021

Resource Occurrence and Productivity in Existing and Proposed Wind Energy Lease Areas on the Northeast US Shelf

States in the Northeast United States have the ambitious goal of producing more than 22 GW of offshore wind energy in the coming decades. The infrastructure associated with offshore wind energy development is expected to modify marine habitats and potentially alter the ecosystem services. Species distribution models were constructed for a group of fish and macroinvertebrate taxa resident in the Northeast US Continental Shelf marine ecosystem. These models were analyzed to provide baseline context for impact assessment of lease areas in the Middle Atlantic Bight designated for renewable wind energy installations. Using random forest machine learning, models based on occurrence and biomass were constructed for 93 species providing seasonal depictions of their habitat distributions. We developed a scoring index to characterize lease area habitat use for each species. Subsequently, groups of species were identified that reflect varying levels of lease area habitat use ranging across high, moderate, low, and no reliance on the lease area habitats. Among the species with high to moderate reliance were black sea bass ( Centropristis striata ), summer flounder ( Paralichthys dentatus ), and Atlantic menhaden ( Brevoortia tyrannus ), which are important fisheries species in the region. Potential for impact was characterized by the number of species with habitat dependencies associated with lease areas and these varied with a number of continuous gradients. Habitats that support high biomass were distributed more to the northeast, while high occupancy habitats appeared to be further from the coast. There was no obvious effect of the size of the lease area on the importance of associated habitats. Model results indicated that physical drivers and lower trophic level indicators might strongly control the habitat distribution of ecologically and commercially important species in the wind lease areas. Therefore, physical and biological oceanography on the continental shelf proximate to wind energy infrastructure development should be monitored for changes in water column structure and the productivity of phytoplankton and zooplankton and the effects of these changes on the trophic system.

17 WIND ENERGY↗
NASA NTRS1974

Leasing of federal geothermal resources

Pursuant to the Geothermal Steam Act of 1970 and the regulations published on December 21, 1973, the first Federal geothermal competitive lease sale was held on January 22, 1974, by the Department of the Interior, offering 33 tracts totalling over 50,000 acres in three Known Geothermal Resource Areas in California. On January 1, 1974, Federal lands outside Known Geothermal Resource Areas were opened to noncompetitive lease applications, of which, 3,763 had been received by June 1, 1974. During fiscal year 1974, a total of 22 competitive leases had been issued in California and Oregon. The principal components in the Department involved in the leasing program are the Geological Survey and the Bureau of Land Management. The former has jurisdiction over drilling and production operations and other activities in the immediate area of operations. The latter receives applications and issues leases and is responsible for managing leased lands under its jurisdiction outside the area of operations. The interrelationships of the above agencies and the procedures in the leasing program are discussed.

Stone, R. T.↗
DOE OSTI2024

Using Financial Contracts to Facilitate Informal Leases Within a Western United States Water Market Based on Prior Appropriation

The ability to reallocate water to higher-value uses during drought is an increasingly important “soft-path” tool for managing water resources in an uncertain future. In most of the Western United States, state-level water market institutions that enable reallocation also impose substantial transaction costs on market participants related to regulatory approval and litigation. These transaction costs can be prohibitive for many participants in terms of both costs and lengthy approval periods, limiting transfers and reducing allocation efficiency, particularly during drought crises periods. This manuscript describes a mechanism to reduce transaction costs by adapting an existing form of informal leases to facilitate quicker and less expensive transfers among market participants. Instead of navigating the formal approval process to lease a water right, informal leases are financial contracts for conservation that enable more junior holders of existing rights to divert water during drought, thereby allowing the formal transfer approval process to be bypassed. The informal leasing approach is tested in the Upper Colorado River Basin, where drought and institutional barriers to transfers lead to frequent shortages for urban rights holders along Colorado's Front Range. Informal leases are facilitated via option contracts that include adaptive triggers and that define volumes of additional, compensatory, releases designed to mitigate impacts to instream flows and third parties. Results suggest that more rapid reallocation of water via informal leases could have resulted in up to $222 million in additional benefits for urban rights holders during the historical period 1950–2013.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗
DOE OSTI2022

Assessment of Offshore Wind Energy Leasing Areas for Humboldt and Morro Bay Wind Energy Areas, California

The National Renewable Energy Laboratory (NREL) is providing scientific and technical services to the Bureau of Ocean Energy Management (BOEM) under an interagency agreement. The purpose of this report is to provide technical assistance in delineating potential lease areas from the California wind energy areas (WEAs) that can be competitively auctioned to wind energy developers. Each wind energy area is presumed to be technically and economically feasible for wind energy development based on the economic cost study performed by NREL in 2020. The subsequent analysis summarized in this report is intended to help BOEM maximize efficient offshore wind energy resource use and ensure fair return to the Government for use of the lease areas, by making recommendations for viable ways to divide the WEAs into auctionable commercial lease areas of approximately equal value. We considered several factors that affect the value of lease areas for wind energy development, including mean wind speeds, water depth, seafloor gradient, seismicity, hard substrate, and access to infrastructure. The largest impact to generating capacity came from the choice of mooring technology and the resulting setback from the lease area boundaries. Based on our setback assumptions, the generating capacity for a wind plant using catenary moorings could be nearly 30% less than with vertical moorings in Humboldt, or approximately 20% less in Morro Bay. The likely range of generating capacity is 1.5 to 3 GW in Humboldt and 3 to 5 GW in Morro Bay.

17 WIND ENERGY↗
DOE OSTI2024

Analysis of Lease Area Delineation Options in the Brookings Wind Energy Area

This study assesses options for delineating offshore wind energy lease areas within the Brookings Wind Energy Area (WEA). The Brookings WEA is one of two areas (Coos Bay and Brookings) offshore the Oregon coast that have been proposed for sale. The Coos Bay WEA is comparable in size to existing offshore wind lease areas in northern California, whereas the Brookings WEA is more than twice as large as the Coos Bay WEA. This study considers how the Brookings WEA can be divided to obtain two lease areas of relatively equal value, which would result in three Oregon lease areas of approximately equal size.

17 WIND ENERGY↗
DOE OSTI2021

Extreme Wind and Waves in U.S. East Coast Offshore Wind Energy Lease Areas

The Outer Continental Shelf along the U.S. east coast exhibits abundant wind resources and is now a geographic focus for offshore wind deployments. This analysis derives and presents expected extreme wind and wave conditions for the sixteen lease areas that are currently being developed. Using the homogeneous ERA5 reanalysis dataset it is shown that the fifty-year return period wind speed (U50) at 100 m a.s.l. in the lease areas ranges from 29.2 to 39.7 ms -1 . After applying corrections to account for spectral smoothing and averaging period, the associated pseudo-point U50 estimates are 34 to 46 ms -1 . The derived uncertainty in U50 estimates due to different distributional fitting is smaller than the uncertainty associated with under-sampling of the interannual variability in annual maximum wind speeds. It is shown that, in the northern lease areas, annual maximum wind speeds are generally associated with intense extratropical cyclones rather than cyclones of tropical origin. Extreme wave statistics are also presented and indicate that the 50-year return period maximum wave height may substantially exceed 15 m. From this analysis, there is evidence that annual maximum wind speeds and waves frequently derive from the same cyclone source and often occur within a 6 h time interval.

16 TIDAL AND WAVE POWER↗
DOE OSTI2024

An Analysis of High Opportunity Geothermal Leasing Areas on BLM and USFS Lands

This analysis, conducted by the National Renewable Energy Laboratory (NREL) with support from the U.S. Department of Energy (DOE) Geothermal Technologies Office (GTO), models potential geothermal deployment on BLM and USFS land for the years 2025, 2030, 2035, and 2050 under various scenarios using the Renewable Energy Potential (reV) model and the Regional Energy Deployment System (ReEDS) model. This report identifies potential future high opportunity geothermal leasing areas (i.e., Best, Middle, and Least identified opportunities) based on available data for geothermal resource potential, natural resource conflicts, and transmission access. In addition, this analysis considers the impacts of the Energy Policy Act of 2005's (EPAct 2005's) default competitive leasing provisions, specifically the impact this may have had on geothermal resource discovery outside of known geothermal resource areas.

15 GEOTHERMAL ENERGY↗
DOE OSTI2022

Assessment of Offshore Wind Leasing Areas in California [Slides]

This presentation summarizes an analysis of options for dividing Morro Bay and Humboldt Wind Energy Areas (WEAs) into offshore wind lease areas. The delineation process considered input from wind energy developers, physical characteristics of the sites, and potential effects of turbine layout and mooring technology selection on the energy generation capacity of each location. Two delineation options were assessed for the Humboldt WEA and four options for the Morro Bay WEA. The lease areas within each WEA were designed to have equal value and support approximately 1 gigawatt of generation capacity.

17 WIND ENERGY↗
DOE OSTI2024

Power Production, Inter- and Intra-Array Wake Losses from the U.S. East Coast Offshore Wind Energy Lease Areas

There is an urgent need to develop accurate predictions of power production, wake losses and array–array interactions from multi-GW offshore wind farms in order to enable developments that maximize power benefits, minimize levelized cost of energy and reduce investment uncertainty. New, climatologically representative simulations with the Weather Research and Forecasting (WRF) model are presented and analyzed to address these research needs with a specific focus on offshore wind energy lease areas along the U.S. east coast. These, uniquely detailed, simulations are designed to quantify important sources of wake-loss projection uncertainty. They sample across different wind turbine deployment scenarios and thus span the range of plausible installed capacity densities (ICDs) and also include two wind farm parameterizations (WFPs; Fitch and explicit wake parameterization (EWP)) and consider the precise WRF model release used. System-wide mean capacity factors for ICDs of 3.5 to 6.0 MWkm−2 range from 39 to 45% based on output from Fitch and 50 to 55% from EWP. Wake losses are 27–37% (Fitch) and 11–19% (EWP). The discrepancy in CF and wake losses from the two WFPs derives from two linked effects. First, EWP generates a weaker ‘deep array effect’ within the largest wind farm cluster (area of 3675 km2), though both parameterizations indicate substantial within-array wake losses. If 15 MW wind turbines are deployed at an ICD of 6 MWkm−2 the most heavily waked wind turbines generate an average of only 32–35% of the power of those that experience the freestream (undisturbed) flow. Nevertheless, there is no evidence for saturation of the resource. The wind power density (electrical power generation per unit of surface area) increases with ICD and lies between 2 and 3 Wm−2. Second, EWP also systematically generates smaller whole wind farm wakes. Sampling across all offshore wind energy lease areas and the range of ICD considered, the whole wind farm wake extent for a velocity deficit of 5% is 1.18 to 1.38 times larger in simulations with Fitch. Over three-quarters of the variability in normalized wake extents is attributable to variations in freestream wind speeds, turbulent kinetic energy and boundary layer depth. These dependencies on meteorological parameters allow for the development of computationally efficient emulators of wake extents from Fitch and EWP.

17 WIND ENERGY↗
DOE OSTI2021

Power production from the U.S. east coast offshore wind lease areas

The accompanying file include information regarding the set up of WRF simulations of power production and wake extents from offshore wind lease areas along the U.S. east coast, and also data presented in figures in the "Wind power production from the U.S. east coast offshore lease areas" paper and the associated MATLAB data processing code.

17 WIND ENERGY↗
DOE OSTI2024

Renewable Energy Potential Model: Priority Geothermal Leasing Areas ReEDs Results

This dataset contains the results of a study conducted by the National Renewable Energy Laboratory (NREL) to identify potential future priority geothermal leasing areas on Bureau of Land Management (BLM) and United States Forest Service (USFS) lands. The analysis uses the Regional Energy Deployment System (ReEDS) model to evaluate geothermal resource potential under different scenarios of resource depth and technology combinations through the year 2050. The study considers geothermal resource potential, natural resource conflicts, and transmission access to categorize areas into near, mid, and far deployment priorities. The dataset includes outputs from the ReEDS model, such as geothermal capacity, generation, system costs, and emissions under various economic and technical scenarios. Favorability site data with geographic coordinates and site-specific attributes (e.g., resource favorability, land type) are also provided. Supporting resources include a technical report detailing methodologies and assumptions, along with a link to the ReEDS model GitHub repository, which requires GAMS and Python software for execution.

15 GEOTHERMAL ENERGY↗
DOE OSTI2024

Representative Project Design Envelope for Floating Offshore Wind Energy: A Focus on the California 2023 Federal Leases

NREL developed recommendations for a representative project design envelope (RPDE) for floating offshore wind energy projects in the California lease areas, considering industry feedback from offshore wind farm developers. The RPDE provides estimates of minimum and maximum values for project design parameters that are relevant for assessing environmental impacts. The design envelope considers the practical range of technology options that may be deployed and accounts for major physical constraints, technology feasibility, and supply chain readiness. In addition to the RPDE, this report presents four scenarios that illustrate some of the differences between technologies that could be used offshore California, as well as descriptions of the typical installation processes that are expected to be used for floating offshore wind farms.

17 WIND ENERGY↗
DOE OSTI2023

Modeling Annual Electricity Production and Levelized Cost of Energy from the US East Coast Offshore Wind Energy Lease Areas

Offshore wind energy development along the East Coast of the US is proceeding quickly as a result of large areas with an excellent wind resource, low water depths and proximity to large electricity markets. Careful planning of wind turbine deployments in these offshore wind energy lease areas (LA) is required to maximize power output and to minimize wake losses between neighboring wind farms as well as those internal to each wind farm. Here, we used microscale wind modeling with two wake parameterizations to evaluate the potential annual energy production (AEP) and wake losses in the different LA areas, and we developed and applied a levelized cost of energy (LCoE) model to quantify the impact of different wind turbine layouts on LCoE. The modeling illustrated that if the current suite of LA is subject to deployment of 15 MW wind turbines at a spacing of 1.85 km, they will generate 4 to 4.6% of total national electricity demand. The LCoE ranged from $68 to $102/MWh depending on the precise layout selected, which is cost competitive with many other generation sources. The scale of the wind farms that will be deployed greatly exceed those currently operating and mean that wake-induced power losses are considerable but still relatively poorly constrained. AEP and LCoE exhibited significant dependence on the precise wake model applied. For the largest LA, the AEP differed by over 10% depending on the wake model used, leading to a $10/MWh difference in LCoE for the wind turbine layout with 1.85 km spacing.

58 GEOSCIENCES↗
NASA NTRS1972

Applicability of NASA contract quality management and failure mode effect analysis procedures to the USGS Outer Continental Shelf oil and gas lease management program

An approach that might be used for determining the applicability of NASA management techniques to benefit almost any type of down-to-earth enterprise is presented. A study was made to determine the following: (1) the practicality of adopting NASA contractual quality management techniques to the U.S. Geological Survey Outer Continental Shelf lease management function; (2) the applicability of failure mode effects analysis to the drilling, production, and delivery systems in use offshore; (3) the impact on industrial offshore operations and onshore management operations required to apply recommended NASA techniques; and (4) the probable changes required in laws or regulations in order to implement recommendations. Several management activities that have been applied to space programs are identified, and their institution for improved management of offshore and onshore oil and gas operations is recommended.

Dyer, M. K.↗
DOE OSTI2022

Assessing Impacts on Pressure Stabilization and Leasing Acreage for CO 2 Storage Utilizing Oil Migration Concepts

Favorable geological storage for CO 2 has long been pictured as large anticlines with thick sandstones, similar to oil reservoirs in the petroleum system. Unlike oil, however, stored CO 2 does not need to be recoverable, which raises the possibility of using dissolution and residual trapping to augment the capacity of buoyant traps and tap more of the bulk rock volume. The work presented builds on that idea, asking the following question: If we inject CO 2 down to a syncline – analogous to the carrier bed in the petroleum system – how would this injection mechanism impact storage capacity and plume shape, migration, and stabilization? To address this question, we built a reservoir model, based on seismic interpretation of Middle Miocene strata, offshore Galveston, Texas. 3-D seismic and well logs were used to characterize key intervals. Reservoirs chosen for modeling are progradational-aggradational sands with mud intercalation. They have a higher degree of heterogeneity than the more conventional reservoirs commonly targeted for CO 2 storage. Modeling investigated how far the CO 2 plume would migrate under two scenarios: (1) injecting CO 2 at the base of the salt withdrawal basin (syncline scenario) and (2) injecting CO 2 at the base of the structural closure, similar to a common injection well location for EOR purposes (base scenario). For each scenario, we separately simulated injection of 30 MT of CO 2 and 60 MT of CO 2 continuously for 30 years and observe the plume and pressure evolution for 100 years after the injection stops. The simulation shows that injecting the CO 2 into a syncline limits the vertical migration of CO 2 , thus making synclinal injection more secure. In the syncline scenario, the geological layer around the injection point is more heterogeneous than the layer in the base scenario; thus, the CO 2 tends to migrate laterally. Additionally, in the syncline scenario, the plume does not even reach the upper part of the anticline, allowing us to safely store an additional amount of CO 2 into the reservoir. Furthermore, the simulation also shows that in the syncline scenario, the times needed for the reservoir to reach its stabilized pressure after the end of injections are faster. To summarize, CO 2 injection at the base of a syncline could provide additional storage, increase the safety of the project from the limited vertical plume migration, and expedite plume stabilization, which could result in the decrease of monitoring frequency as the project runs, thus lowering the operating cost of the project in the long run.

58 GEOSCIENCES↗