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Energy Cost Estimate Tool v2.0: Methodology and Usage

Information about home energy costs is essential for appraisers, lenders, and buyers, but reliable data are often unavailable in real estate transactions. To fill this gap, the National Laboratory of the Rockies developed the Energy Cost Estimate (ECE) tool. The tool provides flexible, data-driven estimates of annual household energy use and costs across the contiguous United States, using only a small number of inputs typically found in mortgage appraisals. This report presents the methodology behind version 2.0 of the ECE tool, demonstrates how users can generate estimates through its interface, and discusses its applications and limitations.

29 ENERGY PLANNING, POLICY, AND ECONOMY

A Bottom-Up Cost Estimation Tool for Nuclear Microreactors

The rising interest in nuclear microreactors has highlighted the need for comprehensive technoeconomic assessments. However, the scarcity of publicly available designs and cost data has posed significant challenges. To address this issue, the Microreactor Optimization Using Simulation and Economics (MOUSE) tool is developed. MOUSE is a tool that integrates nuclear microreactor design with reactor economics. The design calculations encompass core simulations using the OpenMC Monte Carlo Particle Transport Code [romano2015], along with simplified balance of plant calculations. On the economic side, MOUSE provides detailed bottom-up cost estimates, calculating both the total capital cost and the levelized cost of energy for first-of-a-kind and nth-of-a-kind microreactors. The cost estimation correlations are developed using data from the MARVEL project and additional literature sources. MOUSE has released as an open-source tool on GitHub (MOUSE Tool). By combining design calculations with cost equations, MOUSE enables users to evaluate the impact of various technological consideration, advanced moderators, design changes, material/fuel changes, and geometry modifications—as well as economic parameters like interest rates and construction duration. This comprehensive framework can guide stakeholders towards technological solutions that enhance microreactor competitiveness. Additionally, powered by the WATTS toolkit [romano2022], MOUSE supports optimization studies, parametric analyses, and uncertainty calculations/propagation. Currently, preconceptual designs of three microreactor types are included in MOUSE: a liquid metal thermal microreactor (LTMR), gas cooled TRISO-fueled microreactor (GCMR) and heat-pipe TRISO fueled microreactor (HPMR). To showcase its ability, MOUSE was used to conduct detailed bottom-up cost estimates for the first of a kind (FOAK) and Nth of a kind (NOAK) of the following microreactors • A 20MWt LTMR that is built on the ongoing MARVEL demonstration at Idaho National Laboratory (INL) • A 15 MWt GCMR that was designed to be more representative of the typical commercial microreactor • A 7 MWt HPMR that was built on previous work (Choi 2024) The The reader should note that these three designs and corresponding cost estimates are examples to demonstrate the MOUSE capability. The designs are pre-conceptual, the reactor designs were not optimized, and the cost estimates were developed with incomplete information. Additionally, stakeholders might be interested in a variety of designs that may differ from the examples provided in this report. The MOUSE tool can also be used to study how design choices affect economics. To demonstrate its capability, MOUSE was used conduct parametric studies such as examining the economic impact of the reflector's material and thickness, the moderator's booster material and dimensions, fuel composition and enrichment, core size, and power level. Several insights were gained from these parametric studies.

Hanna, Botros

EVI-LOCATE: One Stop Solution for Estimating Cost of Installing EV Charging Stations

EVI-LOCATE (Electric Vehicle Infrastructure-Locally Optimized Cost Assessment Tool and Estimator) is a site assessment tool to estimate costs to install EV charging stations. EVI-LOCATE enables users to generate site-specific, user-specific, and location-specific EV charging station installation designs and cost estimates. The tool integrates National Electrical Code, deep-learning pixel classification algorithm, and component-level costs to estimate the costs.

ADVANCED PROPULSION SYSTEMS,ENERGY PLANNING, POLIC

Towards Cost-Competitive Microreactors

To assess the cost competitiveness of microreactors, a new tool integrating reactor design calculations with economic models was developed. Using detailed cost data and design specifications from the MARVEL project (85 kWth), the tool estimates costs for a more representative commercial microreactor (20 MWth). The LCOE for a 20 MWth MARVEL-like reactor is estimated at $236/MWh, with an overnight cost of about $12,000/kW (excluding fuel). Mass production could reduce costs by 70%, making the 10th unit cost around $3,700/kWe, which is economically competitive. The new neutronics-economics coupling tool also enables studying the impact of the design parameters on the economic figures of merit. The impact of changing the enrichment and reactor capacity on the LCOE has been studied.

22 - GENERAL STUDIES OF NUCLEAR REACTORS

TCO Analysis Approach and Regional Analysis of dWPT for Class 8 Tractors

Dynamic Wireless Power Transfer (dWPT) is a method by which battery electric vehicles (BEVs) can charge their battery while traveling on the road without the need for a physical conductive connection to the power source. dWPT has been proposed as a strategy to enable a reduction in vehicle battery capacity and associated mass and cost. In this slide deck presented at the EVs@Scale Consortium - Wireless Power Transfer Pillar Deep-Dive Meeting on November 11th, 2023, NREL provides results from an evaluation of dWPT using data from Class 8 tractors driving in the Atlanta Metro Area. NREL selected data for archetypal days representing local, regional, and long-haul trips, defined according to trip length, that included travel on primary roadways. EVI-InMotion (Electric Vehicle Infrastructure - InMotion), a systems planning and optimization tool developed at NREL, was used to evaluate dWPT performance assuming dWPT charging on 120 road segments for a total roadway lane distance of 2,365 miles. The EVI-InMotion results and representative day drive cycles were analyzed with NREL's T3CO (Transportation Technology Total Cost of Ownership) tool to estimate the total cost of ownership (TCO) for scenarios comprising two model years - 2030 and 2040 - and two technology progress cases. TCO was calculated for diesel, fuel cell electric, BEVs with batteries sized assuming no dWPT capabilities, and 200kWh BEVs with dWPT installed. This analysis finds that en-route stationary charging frequency and downtime when not on electrified roadways are the main contributors to TCO for the dWPT vehicles and that these vehicles can achieve cost parity with FCEVs at low electricity costs. Based on the scenario assumptions used here, low electricity costs would further help the cost parity with diesel vehicles in regional and long-haul cases due to stationary fueling downtime. This presentation also concludes that key factors affecting the parity potential of dWPT-capable vehicles include more extensive dWPT road coverage, higher en-route charging power, less expensive power batteries, and higher hydrogen or diesel fuel costs.

ADVANCED PROPULSION SYSTEMS,ENERGY PLANNING, POLIC

NE-COST plug-in: Expanding ACCERT's Capabilities for Life-Cycle Cost Modeling

The Algorithm for the Capital Cost Estimation of Reactor Technologies (ACCERT) is a structured methodology and software tool designed to simplify and standardize cost estimation for nuclear reactor technologies [1]. By utilizing a relational database structure and modular cost estimation algorithms, ACCERT delivers a robust, flexible, and scalable framework for evaluating costs across various reactor types and configurations [2]. The recent integration of the NE-COST plugin further expands ACCERT’s scope by introducing detailed life-cycle cost modeling and probabilistic analysis of uncertainties. This addition enables users to evaluate costs across front-end processes such as uranium enrichment and fabrication, as well as back-end activities including waste disposal and geologic storage. Through Monte Carlo statistical cost simulations, the plugin provides probabilistic insights into cost ranges, offering critical decision-making support for stakeholders including reactor developers, policymakers, and researchers.

Zhou, Jia

EVI-LOCATE User Manual

One of the longest stages in the deployment of electric vehicle supply equipment (EVSE) is the initial planning of the infrastructure itself. Engineers and fleet experts from the National Renewable Energy Laboratory (NREL) have supported dozens of charging infrastructure site plans over the past couple decades, including the generation of site schematics, determinations of electric capacity, and estimates for likely costs. As the market for electric vehicles (EVs) has matured, this approach should no longer require a time and personnel intensive process. In order to shorten the time taken to develop site plans and cost estimates, NREL developed a tool that fleet managers, facility managers, electricians, EVSE installers, and members of the public can use to develop initial schematics and ballpark pricing for charging station installations. The Electric Vehicle Infrastructure - Locally Optimized Charger Assessment Tool and Estimator (EVI-LOCATE) provides a structured and consistent way for users to enter information about their planned EVSE project in a relatively simple web-based format. EVI-LOCATE then calculates electrical equipment capacity, wiring runs, and project costs. It produces a site diagram optimized around surface characteristics with differential trenching costs for softscape such as grass compared to hardscape such as asphalt that can be adjusted by users in the tool. It also stores the resulting site plans and costs in a dashboard for access at a later date, including plan revisions if necessary. This document guides users through the EVI-LOCATE screens and associated questions. It contains tip text boxes throughout on how best to interface with the tool and find additional information or context. The appendices contain the assumptions and calculations underpinning the tool. Much of the information for EVI-LOCATE was gathered through industry engagements with EVSE installers, invoices from completed EVSE installations, Gordian's RS Means construction data, and the General Services Administration blanket purchase agreement for EVSE. For a visual tutorial of the tool, users can watch EVI-LOCATE Step-by-Step Video. The tool itself is available at https://evi-locate.nrel.gov.

29 ENERGY PLANNING, POLICY, AND ECONOMY

A quality-agnostic combinatoric cost estimation model for large-format directed energy deposition metal additive manufacturing

Directed energy deposition (DED) additive manufacturing (AM) processes are amenable to synergistic combination into multi-process AM systems due to similar requirements for automation and energy sources. This work analyzes the economic performance of such DED AM systems from a quality-agnostic combinatoric standpoint with a model that calculates lowest-cost system combinations based on part geometry and process performance metrics. Common DED AM systems research focuses on a single process and does not consider the process, system, and application in the context of all possible system combinations (e.g., the combined set of process selection(s), motion system(s), and process hardware), leading to limited applicability of the resulting DED AM systems to cost-sensitive components such as those found in energy generation applications. The model developed herein incorporates the capital, material, and energy costs associated with DED AM system combinations into a predictive tool for estimating part and system cost, the output of which is intended to guide deployment of finite research and development resources towards DED AM system combinations with the lowest costs and greatest likelihood of economic impact. The DED AM systems identified by this framework may enable domestic production of the large conventionally cast and forged components necessary for energy generation.

Shanafield, Alexandra [ORNL]

Agrivoltaic Decision Tools for Perennial and Field Crop Farmers

This article describes a series of spreadsheet-based tools to help farmers estimate costs, revenues, and yields from agricultural production under different configurations of agrivoltaic installations for field and perennial crops. Crop-specific log books allow farmers to project changes in activity-level costs from the field due to agrivoltaic installations. The whole-farm tool helps farmers aggregate activity-level net returns up to the farm level to calculate projections of trade-offs between crop production with or without agrivoltaic installations. We present tools for lettuce and cranberries, but the tools are comprehensive and inclusive and so can be modified for other perennial and field crops.

14 SOLAR ENERGY

CSP Systems Analysis 2022-2024 (Final Technical Report)

The CSP Systems Analysis project estimates the current market cost of CSP subsystems and technologies for use by the DOE Program and within NREL analysis tools. The project addresses upgrades to NREL's System Advisor Model (SAM) related to CSP, as well as development of new modules within SAM to expand the types of CSP systems that can be simulated and new tools for evaluating CSP subsystem performance or optimizing CSP system layouts, for example, SolarPILOT and SolTrace. The project evaluates the potential cost and performance of new CSP-relevant technologies and generally includes assessment of CSP technologies in support of the DOE subprogram. A primary goal of the CSP System Analysis project is to provide timely and accurate cost data to the DOE to assess the current state of CSP technologies as well as predict performance and cost for pre-commercial and emerging technologies that may impact the industry. Prior work in this task has produced technology cost reports and roadmaps for DOE and highlighted promising research paths that could reduce overall CSP cost, such as the supercritical CO2 power cycle and molten-salt trough systems. CSP Systems Analysis produces modeling tools to evaluate the performance of CSP systems, subsystems, or components, and journal articles, conference papers, technical reports and databases to disseminate information to the CSP industry. CSP technology costs are estimated and tracked using these tools as well as analysis of literature and industry sources. The CSP modeling tools and NREL analysis results are used by researchers; government, financial, and industry analysts; and other CSP stakeholders. The purpose of this final technical report is to summarize the key accomplishments of the past three years of this project. The project was divided into seven separate tasks, and in what follows, we describe the background, objectives, key accomplishments, and path forward for each task within the project, with one section of this report summarizing each task.

14 SOLAR ENERGY

FC-PLACER (Fuel Cell Plant Layout and Cost Estimation Resource) [SWR-26-027]

The Fuel Cell Plant Layout and Cost Estimation Resource (FC-PLACER) is a tool to perform a footprint and cost analysis for hydrogen fuel cell based power plants. This analysis tool provides a comprehensive design and cost assessment for a 100-MW stationary PEM fuel cell power plant, utilizing specifications from commercially available PEM fuel cell modules originally designed for heavy-duty vehicle applications. Additionally, the tool offers flexibility, enabling adaptation to various capacity requirements or plant configurations and facilitating the evaluation of system layout and overnight costs. In particular, it includes a detailed accounting of balance of plant material and labor costs and enables a precise estimate of plant spatial footprint.

Reznicek, Evan [National Laboratory of the Rockies

FECM/NETL CO2 Saline Storage Cost Model CO2_S_COM 2024 (v4)

The U.S. Department of Energy's (DOE) Office of Fossil Energy and Carbon Management (FECM), in collaboration with the National Energy Technology Laboratory (NETL), has developed the FECM/NETL CO2 Saline Storage Cost Model (CO2_S_COM). This Excel-based tool provides a comprehensive framework for estimating the costs and breakeven prices associated with storing carbon dioxide (CO2) in deep saline formations. Designed from the perspective of a CO2 storage site owner, the CO2_S_COM incorporates four integrated modules—project management, financial analysis, activity cost estimation, and geological evaluation—to deliver fast, robust and actionable insights for screening project finances.

CO2 storage

FECM/NETL CO 2 Saline Storage Cost Model (2024): User’s Manual

The U.S. Department of Energy's (DOE) Office of Fossil Energy and Carbon Management (FECM), in collaboration with the National Energy Technology Laboratory (NETL), has developed the FECM/NETL CO 2 Saline Storage Cost Model (CO2_S_COM). This Excel-based tool provides a comprehensive framework for estimating the costs and breakeven prices associated with storing carbon dioxide (CO 2 ) in deep saline formations. Designed from the perspective of a CO 2 storage site owner, the CO2_S_COM incorporates four integrated modules—project management, financial analysis, activity cost estimation, and geological evaluation—to deliver fast, robust, and actionable insights for evaluating project finances. This is the user's manual for CO2_S_COM. The model may be accessed at this link: FECM/NETL CO2 Saline Storage Cost Model CO2_S_COM 2024 (v4) - Submissions - EDX

54 ENVIRONMENTAL SCIENCES

FECM/NETL CO 2 Transport Cost Model (2024): Description and User’s Manual

This is the user's manual for the 2024 version of the FECM/NETL CO 2 Transport Cost Model (CO2_T_COM). CO2_T_COM is an Excel-based tool that estimates revenues and capital, operating, and financing costs for transporting liquid phase CO 2 by pipeline. It is assumed that the CO 2 delivered to the pipeline meets pipeline specifications for purity. Costs are estimated for a single point-to-point pipeline, which may have pumps along the pipeline to boost the pressure. The model can be accessed here: https://www.netl.doe.gov/energy-analysis/details?id=42e3c409-b88f-467f-bff0-fadb92a68676 .

29 ENERGY PLANNING, POLICY, AND ECONOMY

Geothermal Power Systems Analysis: Outcome of Industry Stakeholders Workshop: Preprint

Geothermal cost and performance evaluation implemented via technoeconomic assessment (TEA) modeling is critical for the Department of Energy (DOE) and other geothermal industry stakeholders in assessing the current state of geothermal technologies and to identify existing hurdles to commercially viable geothermal development. The Geothermal Electricity Technology Evaluation Model (GETEM) is a major TEA tool used in estimating the economic feasibility and levelized cost of energy (LCOE) of conventional hydrothermal systems and enhanced geothermal systems (EGS). Since 2021, GETEM has been transitioning from an intricate spreadsheet model to a user-friendly tool within the System Advisor Model (SAM) developed by the National Renewable Energy Laboratory (NREL). Apart from enabling an expanded visibility of the geothermal model among other renewable resources, having GETEM in SAM has the advantage of simulation automation, better usability, updates tracking, active user inputs/feedback, and extended financial modeling. GETEM is used in developing supply curves for the Annual Technology Baseline (ATB). The ATB data are inputs to the Renewable Energy Potential (reV) and the Regional Energy Deployment System (ReEDS) models. The geothermal module in NREL’s reV model assesses the geothermal energy potential in the conterminous United States by defining the geospatial intersection of geothermal resources with existing grid infrastructure within the constraint of land use characteristics. The ReEDS model is a capacity expansion model used for simulating the long-term build-out and operation of the US generation and transmission system based on current energy costs and policies. To ensure enhanced representation of current industry trends in our model transitions and development, we organized a two-day virtual workshop to elicit geothermal industry stakeholder input and recommendations on our current approaches and assumptions on technoeconomic, resource assessment, and deployment scenarios modeling of geothermal technologies. Participants included developers, operators, investors, regulatory agencies, system modelers, national laboratory researchers, consultants, and other stakeholders. In this workshop, we gained stakeholder insights on current geothermal plant performance (i.e., capacity factors), updated drilling costs and learning curves, and next generation technologies such as closed loop and superhot rock geothermal. Other outcomes from this workshop and its impact on future geothermal development feasibility, resource availability, and capacity expansion studies are compiled and discussed.

Annual Technology Baseline

Geothermal Power Systems Analysis: Outcome of Industry Stakeholders Workshop

Geothermal cost and performance evaluation implemented via techno-economic assessment (TEA) modeling is critical for the U.S. Department of Energy (DOE) and other geothermal industry stakeholders in assessing the current state of geothermal technologies and to identify existing hurdles to commercially viable geothermal development. The Geothermal Electricity Technology Evaluation Model (GETEM) is a major TEA tool used in estimating the economic feasibility and levelized cost of energy (LCOE) of conventional hydrothermal systems and enhanced geothermal systems (EGS). Since 2021, GETEM has been transitioning from an intricate spreadsheet model to a user-friendly tool within the System Advisor Model (SAM) developed by the National Renewable Energy Laboratory (NREL). Apart from enabling an expanded visibility of the geothermal model among other renewable resources, having GETEM in SAM has the advantage of simulation automation, better usability, updates tracking, active user inputs/feedback, and extended financial modeling. GETEM is used in developing supply curves for NREL's Annual Technology Baseline (ATB), which provides inputs to the Renewable Energy Potential (reV) and the Regional Energy Deployment System (ReEDS) models. The geothermal module in NREL's reV model assesses the geothermal energy potential in the conterminous United States by defining the geospatial intersection of geothermal resources with existing grid infrastructure within the constraint of land use characteristics. The ReEDS model is a capacity expansion model used for simulating the long-term build-out and operation of the U.S. generation and transmission system based on current energy costs and policies. To ensure enhanced representation of current industry trends in our model transitions and development, we organized a two-day virtual workshop to elicit geothermal industry stakeholder input and recommendations on our current approaches and assumptions on techno-economic, resource assessment, and deployment scenarios modeling of geothermal technologies. Participants included developers, operators, investors, regulatory agencies, system modelers, national laboratory researchers, consultants, and other stakeholders. In this workshop, we gained stakeholder insights on current geothermal plant performance (i.e., capacity factors), updated drilling costs and learning curves, and next-generation technologies such as closed-loop and superhot rock geothermal. Other outcomes from this workshop and its impact on future geothermal development feasibility, resource availability, and capacity expansion studies are compiled and discussed.

annual technology baseline

Cost Model for Pumped Storage Hydropower Geomembrane Lining Systems

The Cost Model for Pumped Storage Hydropower Geomembrane Lining Systems offers an approximation of geomembrane lining system costs for pumped storage hydropower (PSH) reservoirs. Geomembrane lining systems have been used around the world for over 60 years for the construction of dams and reservoirs. Although geomembrane lining systems have found widespread use in the construction of canals and waste containment systems, they have not been utilized in the construction of new PSH facilities in the United States since the Mount Elbert PSH powerplant in Colorado. For this reason, PSH developers in the United States expressed the need for a tool that would allow them to estimate the costs of geomembrane lining systems for their PSH projects. To meet this need, the Cost Model for Pumped Storage Hydropower Geomembrane Lining Systems was developed by Oak Ridge National Laboratory with support from Argonne National Laboratory and Stantec, Inc. This Cost Model will enable PSH developers to develop a preliminary estimate of the cost of geomembrane lining systems and to better understand different reservoir lining options and their cost and performance characteristics, thus enabling them to make informed decisions related to preferred reservoir lining systems for their PSH projects.

DeNeale, Scott [Oak Ridge National Laboratory (ORN