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At least 217 records · Page 12

A study of some economic factors relating to the development and implementation of a satellite power system

Areas are examined relating to the design, development and implementation of a satellite power system (SPS): an analysis of the effect of energy R&D programs in general and SPS in particular on optimal fossil fuel consumption patterns, a study of alternative uses of SPS technologies, and a study of the electric power market penetration potential for SPS. It is shown that a credible program of R&D on long-range energy alternatives leads to lower optimal prices for fossil fuels, resulting in large short-term benefits accruing to the specific program elements. Several alternative uses of SPS technologies were identified; however the markets for these technologies are generally quite diffuse and difficult to assess. The notable exception is solar array technology which has, potentially, a very large non-SPS market. It is shown that the market for SPS units derives from two components of demand: the demand created by growth in the electrical energy demand which leads to an increased demand for baseload generating capacity, and a demand created by the need to replace retiring capacity.

Source record↗

Airport Pricing Strategies

Conventional economic wisdom suggests that congestion pricing would be an appropriate response to cope with the growing congestion levels currently experienced at many airports. Several characteristics of aviation markets, however, may make naive congestion prices equal to the value of marginal travel delays a non-optimal response. This paper has developed a model of airport pricing that captures a number of these features. The model in particular reflects that airlines typically have market power and are engaged in oligopolistic competition at different sub-markets; that part of external travel delays that aircraft impose are internal to an operator and hence should not be accounted for in congestion tolls. We presented an analytical treatment for a simple bi-nodal symmetric network, which through the use of 'hyper-networks' would be readily applicable to dynamic problems (in discrete time) such as peak - off-peak differences, and some numerical exercises for the same symmetric network, which was only designed to illustrate the possible comparative static impacts of tolling, in addition to marginal equilibrium conditions as could be derived for the general model specification. Some main conclusions are that second-best optimal tolls are typically lower than what would be suggested by congestion costs alone and may even be negative, and that the toll as derived by Brueckner (2002) may not lead to an increase in total welfare. While Brueckner (2002) has made clear that congestion tolls on airports may be smaller than expected when congestion costs among aircraft are internal for a firm, our analysis adds to this that a further downward adjustment may be in order due to market power. The presence of market power (which causes prices to exceed marginal costs) may cause the pure congestion toll to be suboptimal, because the resulting decrease in demand is too high (the pure congestion tall does not take into account the decrease in consumer surplus). The various downward adjustments in welfare maximizing tolls may well cause the optimal values of these to be negative. Insofar as subsidization is considered unacceptable for whichever reason, our results warn that the most efficient among the non-negative tolls may actually be a zero toll; the pure congestion toll may actually decrease welfare compared to the base case. The model in this paper contains a few simplifying assumptions that may be relaxed in future work. Load factors and aircraft capacity are fixed in this model for simplicity. In a more advanced version of this model, load factors and aircraft capacity can be endogenized. This makes the derivation of the optimality conditions far more complicated, but it should be feasible in a numerical experiment. One can also add a fourth layer to the model, describing the airport's optimization problem. For example, the airport can maximize profits under a cost recovery constraint. The model then deals with interactions between four types of agents. No distinction is made between peak and off-peak traffic in this paper. Finally, the results of the numerical exercise in this paper need to be checked against an asymmetric equilibrium.

Pels, Eric↗

Transactive HVAC Agent - Design and Performance Evaluation

Transactive energy systems are playing an increasingly important role in the efficient and reliable marketbased operation of the power grid. Since a significant portion of the residential building energy consumption is from heating ventilation and air conditioning (HVAC) systems, HVAC is one of the most promising resources to provide load flexibility. However, utilizing HVAC flexibility to provide various grid services while simultaneously maintaining consumer comfort and cost-reductions is challenging. This paper presents a design of a transactive HVAC agent (T-HVAC) to be used as a supervisory control for the HVAC system that can simultaneously ensure comfort and cost-reduction. In particular, the T-HVAC a) estimates HVAC thermal dynamics, b) ensures optimal operations of the HVAC system, and c) participates into markets, and d) implements a market-based control via controlling the thermostat temperature set-point. The T-HVAC performance is demonstrated through multiple scenarios and illustrations.

Demand flexibility, distribution system, HVAC, Tra↗

Design, Integration and Synthesis Platform to Advance Tightly Coupled Hybrid Energy Systems (DISPATCHES) v0.1.0

The DISPATCHES software will enable the design and optimization of Integrated Energy Systems (IES). The platform will support hybridizing existing generation facilities (such as nuclear and coal plants) as well as greenfield hybrid designs that incorporate advanced technologies (such as Advanced Modular Reactors and Coal FIRST), and it will enable the consideration of multiple technology options with different time constants. The design of the IES will be optimized for operation within the bulk power system via energy market signals (day ahead, real-time, and ancillary services) obtained from a production cost model. The goal of DISPATCHES is to identify flexible, dynamic designs that are responsive to grid market signals resulting in highly efficient, cost effective tightly coupled hybrid energy systems that can act as a "black box" to the grid to provide increased flexibility and resiliency.

Gunter, Daniel↗

BLEECAM™ (Benchmarking Life Cycle Environmental, Economic, and Social Metrics for Critical and Advanced Minerals and Materials) [SWR-25-125]

The National Laboratory of the Rockies' (NLR) Benchmarking Life Cycle Environmental, Economic, and Social Metrics for Critical and Advanced Minerals and Materials (BLEECAM™) is an open-source, integrated decision-support tool for evaluating the impacts, risks, and trade-offs across U.S. and global materials supply chains. Funded by the U.S. Department of Energy, BLEECAM supports supply chain and market analysis. The tool integrates multi-objective supply chain optimization, system dynamics, network design, lifecycle assessment, techno-economic modeling, and social impact assessment methods to evaluate how supply chains evolve over time, geography, and deployment scenarios. BLEECAM also supports analysis related to energy infrastructure, data centers and digital infrastructure, advanced manufacturing, and other sectors that depend on critical materials.

Khalifa, SherifA. [National Laboratory of the Rock↗

Scaling Real Estate Development Innovation With Emerging Local Area Developers

These case studies provide tangible examples within the development field that show how true innovation in real estate and property development hinges on shaping and optimizing diverse connections and relationships to create widely available, market-viable, and high-performance buildings.

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATI↗

Conceptual design study of 1985 commercial VTOL transports that utilize rotors

Conceptual design studies of pure and compound helicopter commercial short-haul transport aircraft for initial fabrication in 1980 were performed to determine their technical and economic feasibility. One-hundred-passenger configurations were optimized for minimum direct operating cost consistent with producibility and marketability, with emphasis on proper account of mass properties, performance and handling qualities adequacy, and suppression of internal and external noise. The effect of external noise constraints was assessed, in terms of gross weight and direct operating cost, for each aircraft.

Kefford, N. F. K.↗

Online Energy-optimal Routing for Electric Vehicles with Combinatorial Multi-arm Semi-Bandit

We have seen a rapid growth in the adoption of electric vehicle in today’s commercial mobility service market, from carrying passengers to the delivery of goods. One cardinal issue concerning the operation of EVs is the optimal routing of EV fleets with limited battery capacity. In this study, we investigate the energy-optimal online routing problem for the fleet of EVs, which focuses on identifying real-time minimum electricity consumption paths (MECP) for multiple OD pairs with limited information. We develop a multi-OD combinatorial multi-arm semi-bandit model (MCMAB) that uses the fleet of EVs as sensors in the transportation network and promotes the utilization of common information shared by different OD pairs. We further enrich the model with the path elimination policy to obtain MECP of high confidence while significantly reducing the number of learning iterations and the number of explorations needed. We demonstrate the effectiveness of the MCMAB and the efficiency of the path elimination policy with comprehensive numerical experiments in Manhattan, NYC. The results show that the proposed online routing algorithms can achieve near-optimal MECPs efficiently, and the quality of the solutions is significantly better than using the shortest travel time paths as approximate MECPs.

Chen, Xiaowei↗

Dispatch Optimization, System Design and Cost Benefit Analysis of a Nuclear Reactor with Molten Salt Thermal Storage

Variable renewable energy availability has increased the volatility in energy prices in most markets. Nuclear power plants, with a large ratio of capital to variable costs, have historically operated as base load energy suppliers but the need for more flexible operation is increasing. We simulate the techno-economic performance of a 950 MWt nuclear power plant, based on the Westinghouse lead-cooled fast reactor, coupled with molten salt thermal storage as a method for flexible energy dispatch. We use the System Advisor Model to model the nuclear reactor thermal power input and power cycle operating modes. We combine this robust engineering model with a mixed-integer linear program model for optimized dispatch scheduling. We then simulate the coupled nuclear and thermal storage system under different market scenarios with varying price volatility. We find that the coupled plant outperforms the base plant under markets where energy price peaks fluctuate by a factor of two or more about the mean price. We show that a calculated power purchase agreement price for the plant improves by up to 10% when operating under California energy market conditions. Sensitivity analysis on the thermal storage cost shows that the optimal design remains unchanged even when doubling costs.

25 ENERGY STORAGE↗

Energy and mobility impacts of connected autonomous vehicles with co-optimization of speed and powertrain on mixed vehicle platoons

Intersections are known to be traffic bottlenecks where a significant amount of energy consumption could be caused due to deceleration/acceleration in the presence of red signals. With an increased level of connectivity and automation of intelligent transportation systems, connected autonomous vehicles (CAVs) are expected to be able to proactively adjust their driving strategies subject to constraints imposed by the predicted future traffic. As a result, many potential benefits can be achieved, such as improved energy efficiency, enhanced traffic safety, among many others. Notably, the way CAVs are controlled affects the following legacy vehicles (LVs) due to complex traffic dynamics. Here, we are particularly interested in studying the energy and mobility impact of CAVs with an improved traffic prediction method on mixed vehicle platoons at various market penetration rates. Leveraging traffic prediction, CAVs are controlled with co-optimization of their speed and gear position. Specifically, a traffic prediction framework in a rolling horizon fashion is employed based upon a modified Payne–Whitham (PW) model capable of handling mixed traffic consisting of CAVs and LVs. The prediction error of the modified PW model is reduced by 53.62% compared to that of the standard PW model under test scenarios. According to the predicted traffic conditions, speed and gear position of CAVs are co-optimized with the primary goal of minimizing energy consumption when driving on a signalized arterial. The energy benefits achieved by CAVs and the impact of CAVs on LVs behind are studied comprehensively for mixed vehicle platoons. The lead LV follows a real-world speed profile collected on TH-55 in Minnesota. Numerical results show that energy benefits achieved by the vehicle platoon range from 2% to 16%, and a 1% to 5% reduction in travel time for LVs behind CAVs is also observed, at different penetration rates of CAVs in various traffic scenarios. Furthermore, it is observed that CAVs using the proposed eco-driving approach appear to have a positive impact on the LVs behind in terms of energy consumption, regardless of the driving styles of the LVs ahead.

33 ADVANCED PROPULSION SYSTEMS↗

Optimization under uncertainty of a hybrid waste tire and natural gas feedstock flexible polygeneration system using a decomposition algorithm

Market uncertainties motivate the development of flexible polygeneration systems that are able to adjust operating conditions to favor production of the most profitable product portfolio. However, this operational flexibility comes at the cost of higher capital expenditure. A scenario-based two-stage stochastic nonconvex Mixed-Integer Nonlinear Programming (MINLP) approach lends itself naturally to optimizing these trade-offs. This work studies the optimal design and operation under uncertainty of a hybrid feedstock flexible polygeneration system producing electricity, methanol, dimethyl ether, olefins or liquefied (synthetic) natural gas. A recently developed C++ based software framework (named GOSSIP) is used for modeling the optimization problem as well as its efficient solution using the Nonconvex Generalized Benders Decomposition (NGBD) algorithm. Two different cases are studied: The first uses estimates of the means and variances of the uncertain parameters from historical data, whereas the second assesses the impact of increased uncertain parameter volatility. The value of implementing flexible designs characterized by the value of the stochastic solution (VSS) is in the range of 260–405 M$ for a scale of approximately 893 MW of thermal input. Increased price volatility around the same mean results in higher expected net present value and VSS as operational flexibility allows for asymmetric exploitation of price peaks.

42 ENGINEERING↗

ASEAN Technical Exchange Workshop for System Operators, Regulators, and Policymakers

This presentation provides an in-depth exploration of power system planning, cross-border electricity trading, and battery energy storage systems (BESS), offering actionable insights for system operators, regulators, and policymakers. The first section delves into power system planning and analysis, focusing on capacity expansion models and resource adequacy studies, including their role in optimizing system efficiency, managing emissions, and addressing system reliability risks. Key considerations, such as integration of transmission into generation planning and the forecasting versus optimization of customer distributed energy resources (DER) technologies, are explored. The session highlights critical trade-offs in spatial granularity and model runtimes, as well as the feasibility of aligning distribution investments with capacity expansion efforts. The second section examines cross-border electricity trading, with an emphasis on resource adequacy concepts such as reliability targets, loss of load expectation (LOLE), and planning reserve margins (PRM). Case studies on reserve market design and coordination across US regions provide insights into improving reserve deliverability and managing interregional power balance and congestion. This section also addresses market-to-market congestion management, including advanced strategies for high-voltage direct current (HVDC) optimization and ancillary service delivery. Finally, the presentation covers the rapid evolution of Battery Energy Storage Systems (BESS), highlighting their operational growth, regulatory frameworks, and use cases in grid flexibility, energy storage, and reliability. The discussion focuses on the benefits of BESS for system stability, resilience, and integration of renewable energy, offering insights into its role as a vital component in the transition toward a more sustainable and flexible grid. Key performance parameters, such as throughput, round-trip efficiency, and state of charge, are also examined.

25 ENERGY STORAGE↗

Low-Cost Sulfur Thermal Storage for Increased Flexibility and Improved Economics of Fossil-Fueled Electricity Generating Units (Final Report)

The US electric grid relies on conventional fossil fuel power plants for reliable and secure power, but these plants suffer from physical and financial strain due to the influx of inexpensive and variable solar and wind electricity. Conventional power plants need to generate electricity flexibly and on-demand to accommodate these renewable resources on the grid. Integrating a low-cost thermal energy storage (TES) gives fossil assets the ability to regulate their output efficiently and optimize the plant operation to maximize revenue in the wholesale electricity market. Element 16’s TES concept uses sulfur, a byproduct of the oil & gas industry, as the storage media that is 10 times cheaper than molten salt used in commercial two-tank TES technology. In this project, the team completed a detailed feasibility and technoeconomic study establishing the impact, cost and performance of molten sulfur TES system integrated with fossil assets.

20 FOSSIL-FUELED POWER PLANTS↗

Advancements in Heat Transfer and Fluid Mechanics (Fundamentals and Applications)

Thermo-fluid science is a foundational discipline for numerous mechanical systems, particularly in energy production and building equipment, where thermal and mechanical energy transfer play critical roles. Advancements in heat transfer and fluid mechanics have significantly enhanced these systems, driving progress in associated market sectors. For instance, evaporator and condenser coils are essential for optimizing vapor compression cycles in building equipment. Heat pumps used for space and water heating constitute a major share of building systems, with microchannel heat exchanger technology at the forefront of these innovations. It is worth mentioning that advancements in heat transfer and fluid mechanics significantly alleviate the challenge of designing energy-efficient building equipment. The development of research techniques has contributed significantly to the advancement of science; for example, in the experimental field, non-intrusive measurement techniques such as Particle Image Velocimetry (PIV) are now capable of resolving flow behavior in a 3D format for different length and time scales.

42 ENGINEERING↗

Scientific challenges to characterizing the wind resource in the marine atmospheric boundary layer

Abstract. With the increasing level of offshore wind energy investment, it is correspondingly important to be able to accurately characterize the wind resource in terms of energy potential as well as operating conditions affecting wind plant performance, maintenance, and lifespan. Accurate resource assessment at a particular site supports investment decisions. Following construction, accurate wind forecasts are needed to support efficient power markets and integration of wind power with the electrical grid. To optimize the design of wind turbines, it is necessary to accurately describe the environmental characteristics, such as precipitation and waves, that erode turbine surfaces and generate structural loads as a complicated response to the combined impact of shear, atmospheric turbulence, and wave stresses. Despite recent considerable progress both in improvements to numerical weather prediction models and in coupling these models to turbulent flows within wind plants, major challenges remain, especially in the offshore environment. Accurately simulating the interactions among winds, waves, wakes, and their structural interactions with offshore wind turbines requires accounting for spatial (and associated temporal) scales from O(1 m) to O(100 km). Computing capabilities for the foreseeable future will not be able to resolve all of these scales simultaneously, necessitating continuing improvement in subgrid-scale parameterizations within highly nonlinear models. In addition, observations to constrain and validate these models, especially in the rotor-swept area of turbines over the ocean, remains largely absent. Thus, gaining sufficient understanding of the physics of atmospheric flow within and around wind plants remains one of the grand challenges of wind energy, particularly in the offshore environment. This paper provides a review of prominent scientific challenges to characterizing the offshore wind resource using as examples phenomena that occur in the rapidly developing wind energy areas off the United States. Such phenomena include horizontal temperature gradients that lead to strong vertical stratification; consequent features such as low-level jets and internal boundary layers; highly nonstationary conditions, which occur with both extratropical storms (e.g., nor'easters) and tropical storms; air–sea interaction, including deformation of conventional wind profiles by the wave boundary layer; and precipitation with its contributions to leading-edge erosion of wind turbine blades. The paper also describes the current state of modeling and observations in the marine atmospheric boundary layer and provides specific recommendations for filling key current knowledge gaps.

17 WIND ENERGY↗

Use Probabilistic Forecasts in Reliable and Economic Electricity Market Scheduling and Operations

The value of probabilistic forecasts in electricity market operations is being increasingly recognized lately, however, the use is still limited. This study demonstrates two cases of using probabilistic forecasts in scheduling and operations of the California electricity market. We first develop a data-driven method to give weather-informed estimates of ramping reserves based on short-term probabilistic solar irradiance forecasts. By using forecasts across multiple sites, our proposed method presents advantages over the real-world baseline in terms of system reliability and economics. Our second case uses probabilistic hydro power forecasts in the scheduling of a hydro power plant under economic and environmental constraints. By optimizing the bids into both the day-ahead and real-time markets, our results demonstrate considerable economic benefits.

13 HYDRO ENERGY↗

Arbitrage and Capacity Firming in Coordination with Day-Ahead Bidding of a Hybrid PV Plant

A hybrid PV plant (HPP) combines a photovoltaic (PV) plant with a battery energy storage system (BESS), which is considered a promising step towards the future of renewable power plants by the U.S. Department of Energy. When the renewable penetration reaches a significant level, a hybrid PV plant can bid in as a controllable thermal plant in the future electricity market. In this study, a bidding and BESS scheduling model is proposed for the HPP. The robust optimization (RO) technique has been utilized to identify the worst-case scenario of uncertainties during the bidding process. To address the overly conservative issue of the single-stage RO, we have decoupled the BESS schedule for arbitrage and PV capacity firming by a two-stage RO formulation. By comparing the output of single-stage RO and two-stage RO, the two-stage RO bids and schedules in a more aggressive manner, which increases the income of HPP. Also, the penalty of under-generation is considered in our model so that the day-ahead bidding decision and arbitrage schedules can be adjusted based on the potential UNDER-GENERATION penalty. Because the proposed model is non-convex and contains multi-stages, the Column-and-Constraint Generation (C&CG) algorithm is applied to the model as the solution. The proposed model has shown better economic performance compared to a state-of-art single-stage bidding method in case studies.

BESS scheduling↗

Mitigation-Aware Bidding Strategies in Electricity Markets

Market power exercise in the electricity markets distorts market prices and diminishes social welfare. Many markets have implemented market power mitigation processes to eliminate the impact of such behavior. The design of mitigation mechanisms has a direct influence on investors' profitability and thus mid-/long-term resource adequacy. In order to evaluate the effectiveness of the existing market power mitigation mechanisms, this paper proposes a mitigation-aware strategic bidding model and studies the bidding strategies of the market participants under current practice. The proposed bidding model has a bilevel structure with strategic participant's profit maximization problem in the upper level and the dispatch problem for market operators in the lower level. In particular, the consideration of potential offer mitigation is incorporated as upper-level constraints based on the conduct and impact tests. This bilevel problem is reduced to a single-level mixed-integer linear program using the KKT optimality conditions, duality theory, and linearization. Numerical results illustrate how a strategic player can exercise market power to achieve a higher profit even under the current market power mitigation process and we analyze the social impact that the market power exercise results.

Wu, Yiqian↗