SEARCH · Search NASA

Results for “price sensitivity”

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.

SourceResearch connectionFrom yearThrough year

Quote a phrase for an exact phrase match. Source license links do not imply unrestricted reuse.

At least 19 records

All sources NASA NTRS DOE OSTI

DOE OSTI2025

Future Industrial Demand: Large, Elastic, and Concentrated [Guest Editorial]

Here, the future industrial demand on the grid is expected to be large, price sensitive, and concentrated. Grid industrial demand increasingly encompasses a new customer type defined as a large flexible load (LFL). This LFL type defines customers with consumption that responds quickly to price or other incentives without interrupting their core business process, such cryptocurrency mining. This customer type can often ramp up and down quickly, which across an entire industry can mean gigawatts of power within a few minutes. In addition to these price-sensitive loads, significant growth is also anticipated in sectors like manufacturing, data centers, and electrification of transportation and buildings.

Mukherjee, Srijib [Oak Ridge National Laboratory (↗

DOE OSTI2026

How does drought affect residential water demand and price elasticity?

Urban water scarcity is an important social and economic concern, particularly as the intensity, duration, and frequency of droughts is increasing in many regions. We consider whether drought induces changes to water demand and the price elasticity of demand for water that may last beyond a drought’s official end date. If drought shocks prompt long-term changes in water demand behavior, and these changes occur at broad geographic scale, they could have important implications for modeling adaptive responses to water scarcity. We assemble a novel dataset on residential water demand and pricing in the western United States to test empirically for effects of drought on water demand and price elasticity. We perform our analysis with aggregate quantity, price, and drought data, accounting for endogenous prices under increasing-block water tariffs and using both average and marginal water fees in estimating water demand functions. Results are consistent with the hypothesis that households may become less price-sensitive after exposure to drought. However, we find no systematic evidence of long-run, drought-related reductions in water demand, itself.

demand hardening↗

DOE OSTI2024

Model Formulations: Integrating Distributed Energy Resources (DER) using Advanced Unit Commitment Models and DER Aggregation Methodologies

A distribution energy resource aggregator (DERA) constitutes a group of distribution energy resources with small generation capacities which meet the threshold to participate in the electricity wholesale market. This document provides the proposed DERA model formulation that will be implemented in the SCUC simulation’s architecture for the SCUC-DER project. Different economical assessment methodologies have been developed to incorporated bids for individual distributed resources, which include solar cost dispatch and cost model, BESS opportunity cost offer algorithm, and price sensitive demand response model. Detailed methods are proposed to aggregate individual cost offers to a DERA cost curve to bid in SCUC market while three methods are proposed to simulate DER actual dispatch. Based on the DERA models in this document, the SCUC-DER project will be able to assess the impacts of DERA on the distribution system’s operation and reliability.

24 POWER TRANSMISSION AND DISTRIBUTION↗

DOE OSTI2024

Simplified, Infiltration-free Ceramic Matrix Composite Manufacturing

Manufacturing of ceramic matrix composites (CMCs) with carbon fiber and carbon matrix includes a time- and labor-intensive ceramic infiltration step that is responsible for more than half of the total manufacturing cost. To make CMCs cost-competitive in price-sensitive markets, like concentrated solar power, it is essential to develop a CMC manufacturing process that skips the ceramic infiltration process. In this work, we will show how a high-char-yield preceramic resin can eliminate the infiltration step while maintaining material density and evaluate the technoeconomic impact of our CMC manufacturing process. Here, we monitor both morphology and porosity to determine the quality of CMCs made with different preceramic resins and evaluate the impact of polymer infiltration and pyrolyzing cycles.

36 MATERIALS SCIENCE↗

DOE OSTI2026

A Kinetic Model-Driven Techno-Economic Analysis of Plastic Pyrolysis: Linking Process Dynamics to Economic Viability

This study employs a kinetic model integrated into Aspen Plus to predict pyrolysis product distribution under various conditions. A techno-economic assessment calculated the minimum selling price (MSP) of pyrolysis oil under different operating conditions for the baseline capacity of 100 kta, and across eight processing capacities ranging from 30 to 150 kta. The lowest MSP under the baseline capacity is estimated at $\$$420/ton, which is 33% lower than the 2023 average US crude oil price ($\$$74.6/bbl, equivalent to $\$$634/ton based on the density of pyrolysis oil). Under Monte Carlo simulation, accounting for variability in key economic and technical parameters, the mean MSP is estimated at $\$$1137/ton. The economic viability depends on feedstock price remaining below $\$$320/ton, defining the break-even feedstock price threshold. Sensitivity analysis further identifies capital investment and transportation cost as key economic drivers. Capacities beyond 90 kta show limited economies of scale benefits. Reducing product storage time cuts capital costs by 7% but raises operational risk. Uncertainty analysis suggests the economic feasibility of pyrolysis oil is unlikely to compete with crude oil without policy incentives.

petrochemicals↗

DOE OSTI2024

Dynamically Learning Incentives for Load Control

As electrical generation becomes more distributed and volatile, and loads become more uncertain, controllability of distributed energy resources (DERs), regardless of their ownership status, will be necessary for grid reliability. Grid operators lack direct control over end-users' grid interactions, such as energy usage, but incentives can influence behavior -- for example, an end-user that receives a grid-driven incentive may adjust their consumption or expose relevant control variables in response. A key challenge in studying such incentives is the lack of data about human behavior, which usually motivates strong assumptions, such as distributional assumptions on compliance or rational utility-maximization. In this paper, we propose a general incentive mechanism in the form of a constrained optimization problem -- our approach is distinguished from prior work by modeling human behavior (e.g., reactions to an incentive) as an arbitrary unknown function. We propose feedback-based optimization algorithms to solve this problem that each leverage different amounts of information and/or measurements. We show that each converges to an asymptotically stable incentive with (near)-optimality guarantees given mild assumptions on the problem. Finally, we evaluate our proposed techniques in voltage regulation simulations on standard test beds. We test a variety of settings, including those that break assumptions required for theoretical convergence (e.g., convexity, smoothness) to capture realistic settings. In this evaluation, our proposed algorithms are able to find near-optimal incentives even when the reaction to an incentive is modeled by a theoretically difficult (yet realistic) function.

demand response↗

DOE OSTI2026

Agent-Based Simulation of Price-Demand Dynamics in Multi-Service Charging Station

As the adoption of electric vehicles and hydrogen fuel-cell vehicles grows, understanding how dynamic pricing strategies influence charging and refueling behaviors becomes crucial for optimizing local energy markets. This paper proposes a simulation-based analysis of a hydrogen-electricity integrated charging station that serves both types of vehicles. A multi-agent simulation framework is developed to model the interactions between vehicles and the station, incorporating price- and delay-sensitive behaviors in decision-making. The station can dynamically adjust energy prices, while vehicles optimize their charging or refueling choices based on their utility values. A series of sensitivity analyses are conducted to evaluate how electricity pricing, infrastructure capacity, and waiting behavior impact station performance. Results highlight that moderate electricity prices maximize user participation without sacrificing profit, infrastructure should be right-sized to demand to avoid over- or underutilization, and delay-toleration also affects service outcomes, which may reach the maximum service coverage at the threshold of 45 minutes.

Wang, Xudong [University of Tennessee, Knoxville (↗

DOE OSTI2025

Techno-economic analysis of sugarcane bagasse and straw conversion into cellulosic ethanol via consolidated bioprocessing

Cellulosic biofuels offer a sustainable alternative to fossil fuels and a means to mitigate climate change. Consolidated bioprocessing (CBP) featuring engineered thermophilic bacteria, combined with mechanical disruption during fermentation (cotreatment), has potential to lower production costs compared to featuring thermochemical pretreatment and added cellulase. A techno-economic analysis was conducted (230 million L ethanol/year) from sugarcane bagasse and straw at stand-alone facilities generating electricity from residues. Three scenarios were evaluated: Conventional, featuring hydrothermal pretreatment, fungal cellulase, and yeast fermentation (current commercial standard); Mid-term CBP, relying on bagasse solubilization without pretreatment or cotreatment; and Mature CBP, incorporating cotreatment but no pretreatment. Results for these scenarios in this order were: fixed capital investment (CapEx) $\$$589M, $\$$658M, and $\$$472M; net annual revenue (EBITDA) $\$$56M, $\$$96M, and $\$$94M; and minimum ethanol selling price 0.73, 0.61, and 0.48 US$\$$/L. Payback periods were 10.5, 6.9, and 5.1 years, while all scenarios showed <5 years at European prices for scales >100M L/year. Sensitivity and risk analysis highlighted ethanol price as the most critical variable. It is notable that Mid-term CBP had shorter payback times and better overall economic feasibility compared to Conventional. Our results underscore opportunities for research-driven innovation on low-cost cellulosic ethanol technologies in Brazil and elsewhere.

Consolidated bioprocessing↗

DOE OSTI2024

Cooled Gas Turbine and Combined Cycle Analysis for NH 3 -CH 4 Fuel Mixes (Up to 100% NH 3 )

In this study, a cooled gas turbine (GT) analysis was conducted for varying levels of ammonia (NH 3 ) blends with methane. The ultimate goal is to have a gas turbine design that can be used for all the fuel blends (including 100% NH 3 ) without any changes to the system. The technological developments in the cooling system, gas turbine design, and materials that will be required for NH 3 combustion were identified and analyzed in this study to develop an advanced gas turbine design for NH 3 fuels. The study includes a combined cycle performance analysis with the NH 3 fuel blends using the advanced gas turbine design developed in this study. A techno-economic analysis was conducted for analyzing the impact of the NH 3 fuels on the levelized cost of electricity and cost sensitivities to fuel price and capacity factor.

20 FOSSIL-FUELED POWER PLANTS↗

DOE OSTI2026

Evaluating CO 2 mitigation strategies in SAF biorefineries: Techno-economic and life cycle analysis

The aviation sector requires scalable decarbonization strategies, and lignocellulosic sustainable aviation fuel (SAF) represents a promising pathway. This study comparatively evaluates the techno-economic analysis and life cycle assessment (LCA) of three CO 2 management strategies integrated within a U.S.-based gasification–Fischer–Tropsch SAF biorefinery: (i) catalytic hydrogenation of captured CO 2 to methanol, (ii) geological CO 2 sequestration, and (iii) mineralization to sodium bicarbonate (NaHCO 3 ). Techno-economic analysis indicates that methanol synthesis requires approximately 26% higher capital investment and 33% higher operating costs than mineralization. Although methanol co-production generates the highest gross revenue, NaHCO 3 production reduces the SAF minimum selling price by approximately 38% relative to both methanol synthesis and geological sequestration pathways, reflecting a more balanced cost allocation through mineral co-product valorization. Geological sequestration lowers operating costs by nearly 50% compared with methanol synthesis but remains highly dependent on carbon credit mechanisms. LCA reveals substantial divergence in climate performance. Relative to methanol synthesis, sequestration improves net greenhouse gas performance by approximately 163%, transitioning the system from net-positive to net-negative emissions. Mineralization further enhances carbon mitigation, achieving roughly 85% greater carbon reduction than sequestration and over sixfold improvement relative to methanol synthesis within the defined system boundary. Sensitivity analysis identified hydrogen price, co-product market value, and process emissions as dominant drivers. Under baseline assumptions, CO 2 mineralization is found to offer the most balanced pathway.

Carbon capture and storage↗

DOE OSTI2025

Commercial building HVAC demand flexibility with model predictive control: Field demonstration and literature insights

Model Predictive Control (MPC) for building Heating Ventilation and Air Conditioning (HVAC) systems is beginning to gain traction in the market, with a few controls companies incorporating it into their product offerings. However, it remains difficult to assess whether the energy cost savings are enough to justify the cost of MPC implementation for a particular building, given the limited number of reported demonstrations. For small commercial and residential buildings with relatively uniform systems, standardized approaches can help lower implementation costs. In contrast, for large buildings or district systems, the potential magnitude of cost savings could justify more customized solutions. Estimating the cost-effectiveness of MPC becomes more challenging for medium and large commercial buildings, where a one-size-fits-all solution may not be suitable, and the potential energy cost savings may be insufficient to justify a customized solution. To make MPC technology more appealing, incorporating additional value streams beyond energy efficiency alone can significantly increase its attractiveness. One such revenue stream is demand flexibility, in response to dynamic electricity prices, where MPC can leverage the thermal mass of the building to shift the load and support the grid. Building on an extensive literature review of MPC field studies focused on cost savings and demand flexibility, this paper presents the results of implementing MPC control in a large office building HVAC system in Berkeley, CA. Four different dynamic electricity price profiles were integrated into the MPC objective function to shift building demand while maintaining comfort, and field testing was performed with each price profile across four seasons. The results show potential for 40–65 % demand decrease percentage and up to 61 % annual cost savings compared to the existing rule-based control strategy, under the tested dynamic price scenarios. This paper also presents a sensitivity analysis on the cost savings with respect to the price profile variability, discusses the implementation effort for the price-responsive MPC, and compares the cost savings found in this study to those found in literature on the basis of dynamic price variability, or so-called Electricity Price Relative Standard Deviation.

Zanetti, Ettore↗

DOE OSTI2024

Techno-economic analysis and network design for CO 2 conversion to jet fuels in the United States

The conversion of carbon dioxide (CO 2 ) into jet fuel holds significant potential for reducing CO 2 emissions, providing an alternative to carbon-based resources, and offering a renewable means of energy storage. The objective of this study is to conduct a techno-economic analysis and optimize the supply chain network for converting CO 2 to jet fuel in the United States, aiming to minimize total costs while assessing the environmental and economic feasibility of two CO 2 conversion pathways. This first pathway is based on Fischer-Tropsch synthesis (FTS), and the other one is based on the valorization and upgrading of light methanol (MeOH). Incorporating spatial and techno-economic data, a mixed-integer linear programming model was developed to select source plants and conversion pathways, locations of conversion refinery sites, and the amount of captured CO 2 across the United States. The optimal results indicate that the FTS pathway is adopted at all selected refineries when the hydrogen price is 1000 dollars/t and the operating cost, mainly electricity used in conversion, is reduced to 5 % of its current level. Under this scenario, the total annual profit is 8 billion dollars, and the net carbon emissions are -88,783,284 tons. The sensitivity analyses reveal that the prices of electricity and hydrogen significantly contribute to total production costs. The CO 2 recycle percentage of the FTS pathway influences the choice of applied pathways at refineries. Additionally, a higher conversion rate holds a substantial promise for reducing the total production cost and can make the MeOH pathway a viable choice.

10 SYNTHETIC FUELS↗

DOE OSTI2026

A coupled hydrologic-agroeconomic modeling framework to evaluate adaptive irrigation strategies under groundwater withdrawal restrictions

Growing groundwater scarcity requires integrated tools to capture interactions among hydrology, agricultural production, markets, and land use. This study presents an iterative modeling framework that couples hydrologic, crop-yield, and economic models to capture two-way feedback among water availability, agricultural production, and market responses under groundwater constraints. The primary goal of this paper is to describe the methodological development of the coupled framework and demonstrate the significance of iterative model interaction. Applied to the western United States, we evaluated adaptive responses to restricting groundwater use beyond recharge levels, represented through changes in irrigation management and expansion or shrinkage of crop markets through land reallocation. Results demonstrate that the iterative coupling converges to stable equilibrium responses within 10 iterations. At equilibrium, deficit irrigation emerges as the dominant adaptation strategy in California, with irrigation levels stabilizing at approximately 70% of full irrigation demand, while Arizona and New Mexico experience stronger yield sensitivities. Early iterations produce commodity price increases of up to 10% for fruit and vegetable crops; however, these responses moderate as land allocation and production patterns adjust across regions. Deficit irrigation and spatial reallocation of irrigated land partially offset production losses, with variability observed across different states: California maintains yields primarily via deficit irrigation, whereas Arizona and New Mexico will rely mainly on reducing irrigated area to absorb the shock. By capturing feedback between biophysical and economic processes, this approach highlights how irrigation strategies and land-use decisions evolve under water stress and provides a transferable platform for evaluating water management policies.

54 ENVIRONMENTAL SCIENCES↗

DOE OSTI2024

Research goals for minimizing the cost of CO 2 capture when using steam methane reforming for hydrogen production

This paper presents a techno-economic assessment of adding state-of-the-art solvent-based CO 2 capture technologies to greenfield steam methane reforming (SMR)-based H 2 production plants and quantifies the impacts of improvements in CO 2 capture technology. Current conventional capture technologies are reviewed, and future technologies in intermediate and long-term scenarios are analyzed. The results show that adding significantly more efficient solvent-based capture technologies leads to an equivalent rate of natural gas consumption as that of a conventional SMR plant without capture, despite capturing most of the CO 2 and producing the same amount of H 2 . Overall, improvements in reboiler duty and reductions in capital costs can significantly reduce the cost of H 2 production and cost of capture. Particularly, the reboiler duty of pre-combustion capture and the capital cost of post-combustion capture have the greatest impact. Based on the results, research goals are suggested. Solvent development is recommended—particularly pre-combustion solvents—for reducing the reboiler duties, and process schemes to reduce the capital costs. Costlier but more efficient solvents can be considered. A sensitivity analysis using natural gas price shows that technological improvements can reduce the impacts of high natural gas prices. The degree of economic feasibility of CO 2 capture increases with improvements to the capture technology.

08 HYDROGEN↗

DOE OSTI2026

Techno-Economic Evaluation of Electrified Vehicle Options in Drayage Fleets

The electrification of drayage fleets offers potential economic and operational benefits, but the financial viability of electrified vehicles remains sensitive to battery cost, energy price, and fleet usage patterns. While total cost of ownership (TCO) is a useful benchmark, fleet operators and investors are equally concerned with investment performance metrics such as payback period (PB) and Internal Rate of Return (IRR), which better reflect financial risks and investment return timelines. This study develops a unified techno-economic framework that jointly evaluates TCO, PB, and IRR to determine when electrified trucks become cost-effective alternatives to diesel trucks. Building on a previously developed cost modeling tool and using real-world telematics data from a Class 8 drayage fleet at the Port of Savannah, the analysis incorporates projected battery cost trajectories, electricity and diesel price trends, vehicle efficiency improvements, and multiple battery capacities. Parameter ranges reflect widely cited projections and observed drayage-duty-cycle variability. A surrogate-modeling method approximates economic performance across thousands of battery cost–electricity price combinations, enabling high-resolution identification of conditions that achieve TCO parity, acceptable PB thresholds, and target IRR levels. Additionally, the study estimates the evolving share of the fleet that can feasibly electrify over time under multiple economic metrics. This integrated framework offers a novel, data-driven approach to inform risk-aware decision-making for fleet electrification and supports investment planning under evolving cost and operational conditions.

Sun, Ruixiao [ORNL] (ORCID:0000000341768676)↗

DOE OSTI2024

Commonwealth of the Northern Mariana Islands: Developing a Resilient Power System

The Commonwealth of the Northern Mariana Islands (CNMI) is a chain of 14 islands located in the western Pacifc ocean, roughly 6,000 miles west of the U.S. mainland and 2,000 miles east of China. The economy in CNMI is highly dependent on tourism. CNMI relies on imported petroleum products for both electricity generation and transportation and is consequently sensitive to fluctuations in market prices for fuel. CNMI's aging electricity infrastructure and vulnerability to natural disasters present major challenges and emphasize the territory's need for a more resilient power system.

CNMI↗

DOE OSTI2025

Cultivating clarity: understanding the impact of land cost assumptions on biofuel viability

The transition to sustainable energy has increased interest in biofuel production to reduce greenhouse gas emissions, decrease reliance on imported oil, and ensure energy resilience. Here, this study examines the often-overlooked impact of land cost assumptions on the economic viability of biofuel production. Using a discounted cash flow techno-economic framework, we evaluated three land cost scenarios—no land costs, land rental costs, and land purchase costs—across six bioenergy feedstocks (corn, soybeans, switchgrass, miscanthus, poplar, and microalgae) and three biofuel products (corn ethanol, soybean biodiesel, and sustainable aviation fuel) at the county level for the contiguous United States. The analysis reveals substantial variation in minimum fuel selling prices due to these scenarios. High-yield crops like algae showed low sensitivity to land costs, while low-yield crops such as soybeans were highly sensitive. Geographical differences were significant, with minimum fuel selling price increases most pronounced in high-value land regions like the Corn Belt. Case studies further illustrate the influence of local productivity and land costs on economic outcomes across the United States. These findings emphasize the importance of maintaining consistent land cost assumptions in biofuel economic assessments. By quantifying the interplay between land value, crop productivity, and economic feasibility, this study provides essential insights for policymakers and stakeholders to advance sustainable energy solutions.

09 BIOMASS FUELS↗

DOE OSTI2024

Scale sensitivity of ethanol production via consolidated bioprocessing with consideration of feedstock cost

We examine feedstock cost and minimum selling price for ethanol production from corn stover as a function of scale, stover yield, participation rate, and price incentives for two conversion technologies: a conventional base case featuring thermochemical pretreatment with added cellulase, and an advanced case featuring consolidated bioprocessing with cotreatment (C-CBP). Delivered feedstock cost ranged from $\$85$ Mg −1 at small (10 million gallons year −1 or ~38 million L year −1 ) scale with high yield and participation rates to $\$124$ Mg −1 at large scale (60 million gallons year −1 or 227 million L year −1 ) and low yield and participation rates. The minimum ethanol selling price (MESP) was approximately twofold lower for the advanced case compared with the base case. The payback period was several times lower for the advanced case compared with the base case, with increasing disparity at smaller scales, and was highly sensitive to ethanol price supports. For both C-CBP and the conventional processing paradigm, MESP decreased with increasing scale, indicating that the cost penalty due to higher feedstock transport distances was more than outweighed by lower capital costs. However, the cost penalty for operation at small scale, expressed in $ gallon −1 ethanol, is lower for C-CBP than for the conventional paradigm by roughly twofold. Particularly for initial applications of C-CBP, we speculate that this cost penalty will likely be modest compared with the anticipated benefits of small-scale operation such as increased opportunity to use existing infrastructure, easier plant siting and supply chain establishment, and lower total investment required.

biorefinery scale↗