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At least 343 records · Page 19
All sourcesNASA NTRSDOE OSTI
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Economic Impact Assessments (EIA) of application of GEOGLOWS in Ecuador: Data Gaps, Limitations and Recommendations

In 2022, the United Nations launched the Early Warnings for All (EW4ALL) Program to establish global early warning systems by 2027. To assess the impact of the substantial $3.1 billion annual investment over five years, EW4ALL will consider factors that will require national coordination for the data needed for these assessments. In 2023, Ecuador was identified as one of the world's most climate-vulnerable countries, emphasizing the need to enhance its early warning systems. In 2020, the SERVIR Amazonia hub implemented the GEOGLOWS streamflow forecast service in collaboration with Ecuador's national meteorological agency (INAMHI). GEOGloWS provides 15-day ensemble forecasts and 80 years of historical streamflow data for every river worldwide through a free web service. The World Meteorological Organization has recognized this initiative as essential in contributing to the UN's call to ensure an 'Early Warning for All' by 2027. In 2023, as part of NASA's continuous efforts to fund research for Policy-Relevant Implementations, an economic impact assessment (EIA) was performed to understand the potential socioeconomic benefits of Early streamflow predictions in Ecuador using the GEOGLOWS service. Preliminary findings highlighted that gaps remain in effectively integrating socioeconomic and Earth observation (EO) data to capture the total value of these predictions. Implementing GEOGLOWS has led to valuable hydrological forecasts; however, the total economic benefits have yet to be documented. This study addresses the gaps and makes recommendations for future work that should focus on capturing the socio-economic benefits and costs associated with these forecasts, including their impact on decision-making at national and local levels. Despite the daily use of GEOGLOWS by key figures, including the President of Ecuador, the need for comprehensive recommendations and assessments is urgent.

Reetwika Basu↗
DOE OSTI2020

Techno-Economic Analysis for GTI's Compact Hydrogen Generator

A technoeconomic analysis of the compact hydrogen generator compared to a traditional steam methane reformer (SMR) was performed for both processes with and without carbon capture. The project goal for the technoeconomic analysis was to demonstrate a minimum of 20% lower CAPEX and 15% lower levelized cost of hydrogen compared to SMR with and without carbon capture. GTI obtained baseline capital and costs for the SMR with and without and methodology to calculate the levelized cost of hydrogen from an IEAGHG Technical Report: 2017-02 Techno-Economic Evaluation of SMR Based Standalone (Merchant) Hydrogen Plant with CCS. This methodology was then applied to GTI’s compact hydrogen generator using direct material costs previously obtained from a reputable engineering procurement and construction company, CB&I Howe-Baker. The analysis was performed for plants producing 90MMSCFD (million standard cubic feed per day) of hydrogen. Direct material costs were converted to total installed costs and total capital requirements using the same multiplying factors for both processes. We have found that the direct materials cost of the compact hydrogen generator is less than half the direct materials cost required for SMR without capture, and about one quarter the direct materials cost of SMR with carbon capture. This low materials cost translates into a significant CAPEX savings and lower levelized cost of hydrogen that exceed the goals of the techno-economic assessment. We have found that the CHG has a 43% lower installed cost and capital requirement compared to SMR without capture, that results in a levelized cost of hydrogen that is 19% lower than SMR. When 90% CO2 capture is added to the plants, the advantages is even better. The CHG has a 51% lower installed and capital requirement compared to SMR with capture, resulting in a 28% lower levelized cost of hydrogen. A sensitivity analysis was performed and showed natural gas feedstock cost and discount rate to be the main contributors to hydrogen price sensitivity. Given these significant cost advantages, GTI is encouraged to continue to develop the technology and market the economic advantages as well as the efficiency gains and ability to inherently capture CO2.

08 HYDROGEN↗
DOE OSTI2021

Economic and Environmental Assessment of Biological Conversions of Agile BioFoundry (ABF) Bio-Derived Chemicals

Bio-derived chemicals are an essential part of the growing bioeconomy. They possess the potential to boost a new domestic bioproduct industry, improve the sustainability of integrated biomanufacturing, and reduce U.S. dependence on fossil energy. The Agile BioFoundry (ABF) consortium, a Department of Energy (DOE)-sponsored collaboration, is investigating biobased pathways to produce advantaged products including advanced biofuels, fuel intermediates, and bioproducts. ABF is integrating advanced computational tools for biological engineering, process design and data analysis, and economic/sustainability modeling tools into a comprehensive and dynamic platform for biomanufacturing of microbes and using them to produce key metabolic intermediates or beachhead molecules which may be derivatized into several distinct bioproducts of industrial interest. In this presentation, we first discuss a methodology to select a single exemplar product molecule to represent each beachhead pathway based on similarities with other end-molecule options (yields/titers/rates, fermentation operation mode, oxygen requirements, general separations challenges, etc.), in order to maintain a reasonable number of cases for rigorous process simulation. We then use techno-economic analysis (TEA) and life-cycle analysis (LCA) to highlight sensitivities and trends around economic performance and environmental footprint, reflecting examples for two selected ABF technology pathways to bio-derived chemicals: 1) adipic acid production via muconic acid fermentation from mixed sugars with Pseudomonas putida and 2) cineole via geranyl diphosphate with Rhodosporidium toruloides. We present multi-variable scan plots highlighting key drivers on costs and greenhouse gas emissions in order to identify the parameter space in which each pathway could ultimately achieve economic and environmental sustainability meeting or exceeding commodity product benchmarks, thus prioritizing future R&D focus areas.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗
DOE OSTI2021

System Modeling of the HTTR and Economic Dispatch Model of the Secondary System

High Temperature Gas-cooled Reactors (HTGRs) can be used for the generation of electricity and their process heat can be used to improve the efficiency of chemical processes such as hydrogen production. The JAEA-operated High-Temperature engineering Test Reactor (HTTR-GT/H2) is exploring using the reactor for electricity and hydrogen production. A RELAP5-3D model of the HTTR-GT/H2 secondary system has been developed using design information. The various components and heat exchangers in the secondary system were modeled and results were compared to the design conditions. The results for the sole-power generation mode were shown to fit the design conditions very well. The largest temperature difference was on the order of 7 K, and the largest pressure difference was on the order of 0.05 MPa. The results for the hydrogen cogeneration mode did not match the design conditions nearly as well. The largest temperature difference was about 39 K and the largest pressure difference was about 0.27 MPa at the compressor outlet. The larger differences for the hydrogen cogeneration mode are attributed to the various complex components and the flow being split in the secondary loop. A transient reduction in heat removal capability of the secondary system was investigated. Reactor temperatures are anticipated to rise as a result. The core reactivity response due to this increase in temperature is investigated and is expected to add negative reactivity to the reactor. An economic dispatch model was developed for a nuclear-driven iodine-sulfur cycle system to determine hydrogen sale prices that would make such a system profitable. The study focuses on the development of the economic model and the role that input data plays on final calculated values. It was found that the input electricity prices, whether using historical data or a host of synthetic time histories, produce significantly different breakeven hydrogen sale prices. As such, great care should be used in these economic dispatch analyses to select reasonable input assumptions.

21 SPECIFIC NUCLEAR REACTORS AND ASSOCIATED PLANTS↗
DOE OSTI2022

Techno-Economic Analysis and Life-Cycle Assessment of Emerging Technologies for Bioprocessing Separations

Limited availability, rising costs, and environmental concerns about fossil fuels have generated considerable interest in finding alternative, renewable sources including biomass, which can be converted into a number of biofuels and bioproducts. In comparison to petroleum-based products, high processing costs, mainly associated with bioprocessing separations, limit widespread implementation of biofuels and bioproducts. Bioprocess-related separations are also complicated, regardless of the conversion pathway, due to the dilute nature of products and the chemically complex mixtures that result from biomass deconstruction. In many cases, bioprocessing separation approaches lack a technology baseline, or definition of the state of technology (SOT). This work focuses on evaluating the technology readiness of novel separations technologies for the conversion of biomass into biofuels and bioproducts and will address three key topics: 1) SOT description, 2) economic viability analysis of both SOT and innovative separations, and 3) environmental impact assessment of both SOT and novel processes. The current SOT for lignin valorization, dilute carbon recovery, and impurity removal is used to identify potential opportunities for improvement and provide a baseline for comparison with the emerging technologies. Detailed techno-economic analysis (TEA) and life cycle assessment (LCA) are applied to understand the key drivers and challenges related to the economic feasibility and environmental impacts, respectively.

BASIC BIOLOGICAL SCIENCES,BIOMASS FUELS↗
DOE OSTI2022

A Technical-Economic Assessment of Brackish Water Treatment for Fossil Power Plant Cooling with Reduced Environmental Impact

The power sector accounts for approximately 40% of freshwater use in the U.S. Reusing non-traditional water resources is critical for alleviating water stress in the western United States. The purpose of this study is to conduct a techno-economic system analysis to evaluate the potential of brackish water treatment for wet cooling towers at existing thermo-electric generating units (EGUs). It aims to address current knowledge gaps in support of non-traditional water resources planning and the electric power industry's water decision- and policy making. An engineering-economic model was developed and combined with DuPont's water application value engine (WAVE) v1.82 to evaluate the viability of retrofitting reverse osmosis-based brackish water treatment systems to individual existing EGUs and then aggregating the unit-level results to the fleet level. In the base case, brackish water treatment can reduce freshwater consumption of electric generation units by 94–100% while increasing the cost of electric generation by approximately 10% and have marginal impacts on the units' parasitic loads. When zero liquid discharge systems are applied to brackish water brine treatment, the cost of electric generation and freshwater consumption savings and energy penalty to the power plant significantly increase. These costs are even higher than dry cooling deployment in lieu of wet cooling towers. The choice of freshwater savings between brackish water desalination and dry cooling deployment depends greatly on how the concentrated brines are managed. Multiple factors must be considered when supporting decision-making in water management and planning in power sectors, which include non-traditional water quantity and quality as well as trade-offs among technical performance, economics, and environmental impacts.

Wu, Zitao↗
DOE OSTI2022

Environmental, Economic, and Scalability Consideration of Selected Biomass-Derived Blendstocks for Mixing-Controlled Compression Ignition (MCCI) Engines

Co-Optimization of Fuels & Engines (Co-Optima) explores how simultaneous innovations in fuels and engines can boost fuel economy and vehicle performance while reducing emissions. The Analysis of Sustainability, Scale, Economics, Risk and Trade (ASSERT) team supports Co-Optima goals by evaluating environmental and economic drivers and the potential of bioblendstock candidates. The team assesses potential benefits or drawbacks of deploying co-optimized fuels and engines in the transportation sector. This presentation provides guidance into which Co-Optima bioblendstocks may be most economically and environmentally viable when scaled up.

biomass↗
DOE OSTI2022

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↗
DOE OSTI2021

Techno-Economic Impact of Partial String Failurein Multi-string Energy Storage Systems

Electric utilities and large industrial/commercial customers, which integrate multi-MW multi-string energy storage systems (ESS), are typically at a significant risk of string failure. This results in loss of system performance and capacity. In order to evaluate the accurate costs and benefits associated with a particular battery system, it is essential to incorporate the costs associated with battery string failure and, as a result, reduced capacity. This report analyzes how the economic losses can be estimated based on market rules and ESS availability. A framework for calculation of economic losses is developed and implemented with an illustrative string failure case for Independent System Operator (ISO-NE) forward capacity market. Further scenarios and case studies are analyzed by varying the probability of string failure as well as the capacity bid into the market. These scenarios are used to assess the variability of economic losses and the impact of string failure on final realized benefits from the battery's market participation.

Fotedar, Vanshika↗
DOE OSTI2025

Assessing the Economic Value of Underground Thermal Storage for Hybrid Geothermal Power

Solutions are needed to address resource adequacy in the electric power system for highly decarbonized systems. The storage duration, the length of time a storage device can provide continuous output at its rated capacity, must be sufficient to receive full credit toward resource adequacy. Longer peaks and high fractions of variable renewable generation have increased the required duration to potentially seasonal durations. Underground Thermal Energy Storage (UTES) can be adapted to a hybrid storage power plant or heating and cooling applications to satisfy the need for long-duration storage. In this study, we use the Renewable Energy Deployment System (ReEDS) capacity expansion model to evaluate the increase in value for an enhanced geothermal system (EGS) resources by adding UTES. In modeled scenarios, using geothermal without storage as a baseline we compare the increase in economic value for plants with a range of storage characteristics. The added value of a hybrid storage plant changes depending on assumptions including the length of storage duration, efficiency, and ability to charge storage from the grid during periods of low energy prices. Relating proposed characteristics for geothermal UTES hybrids to the modeled economic value provides insight into economically viable costs for developing UTES as well as what combination of technology characteristics and future energy and policy assumptions drive significant value increases.

capacity expansion model↗
DOE OSTI2021

Techno-economic analysis of roll-to-roll production of perovskite modules using radiation thermal processes

Perovskite solar technology can produce economically viable photovoltaic devices due to low cost of materials and scalable manufacturing. Solution phase deposition of all active layers lends itself to roll-to-roll fabrication methods which are well-established and have production rates of several hundred square meters per minute. In this techno-economic analysis, the opportunity to scale at this production throughput is considered with manufacturing rates exceeding one gigawatt per year in a single plant. Intense pulsed light is used for the post deposition process to minimize costs associated with the footprint, equipment, and operation. The analysis is limited to the operation of a roll-to-roll manufacturing facility producing a perovskite solar film that can be incorporated into photovoltaic modules. Costs associated with materials, labor, and equipment are considered along with utilities determined from the fundamental engineering calculations. Furthermore, the results show that at very large-scale operations of several gigawatts, the costs to produce the solar films range between $0.04-$0.10 per watt.

14 SOLAR ENERGY↗
DOE OSTI2021

Techno-Economic Analysis of decentralized preprocessing systems for fast pyrolysis biorefineries with blended feedstocks in the southeastern United States

This study evaluated the economic feasibility of fast pyrolysis biorefineries fed with blended pine residues and switchgrass in the Southeastern U.S. with different supply chain design. Previous techno-economic analyses (TEA) have focused on either blended biomass or decentralized preprocessing without investigating the impacts of varied process parameters, technology options, and real-world biomass distribution. This study fills the literature gap by modeling scenarios for different biomass blending ratios, biorefinery and preprocessing site (so-called depot) capacities, and alternative preprocessing technologies. High-resolution, real-world geospatial data were analyzed using Geographic Information Systems to facilitate supply chain design and TEA. For a decentralized system, the minimum fuel selling price (MFSP) of biofuel was 3.92–4.33 per gallon gasoline equivalent (GGE), while the MFSP for the centralized biorefinery at the same capacities ranged between 3.75–4.02/GGE. Implementing a high moisture pelleting process depot rather than a conventional pelleting process lowered the MFSP by 0.03–0.17/GGE. Scenario analysis indicated decreased MFSP with increasing biorefinery capacities but not necessarily with increasing depot size. Medium-size depots (500 OMDT/day) achieved the lowest MFSP. Here, this analysis identified the optimal blending ratios for two preprocessing technologies at varied depot sizes. Counterintuitively, increasing the proportion of higher cost switchgrass reduced the MFSP for large biorefineries (>5000 ODMT/day), but increased the MFSP for small biorefineries (1000–2500 ODMT/day). Although the decentralized systems have a higher MFSP based on current analysis, it has other potential benefits such as mitigated supply chain risks and improved feedstock quality that are difficult to be quantified in this TEA.

09 BIOMASS FUELS↗
DOE OSTI2024

UMass 2-Body WEC Techno-Economic Assessment

The University of Massachusetts (UMass) is developing a 2-body wave energy converter (WEC) device that is converting mechanical power into electricity using a mechanical motion rectifier that allows the system to couple to a flywheel. UMass has completed numerical modeling, wave tank testing, and PTO sub-system testing and needed assistance in developing a techno-economic model to enable optimization of their topology, comparison to a generic heaving point absorber topology, and guide the next steps in their development efforts. The core objective was to develop a techno-economic approach and modeling tool that allows benchmarking of the two topologies across a wide range of scales to evaluate their respective competitiveness in different application spaces. This data includes the final report as well as a supporting spreadsheet containing the data produced for this report.

16 TIDAL AND WAVE POWER↗
DOE OSTI2020

Gallium Oxide Techno-Economic Analysis for the Wide Bandgap Semiconductor Market: Preprint

More than 30% of electrical energy passes through power electronics today with speculation that in the next decade this could grow to 80%. The wide bandgap semiconductor market is already approaching $1 billon USD in 2019 and is projected to be almost $7 billion USD in 2028. Even with its high cost, SiC, is starting to dislodge the incumbent Si technology in some applications, such as hybrid and electric vehicles, due to smaller size, and higher efficiency. We review and report the IHS Markit’s market predictions for wide bandgap semiconductor technologies, and highlight the techno-economic analysis results for the manufacturing cost of Ga2O3 wafers. Specifically, we focus on the potential for Ga2O3 to be more economically advantageous than SiC using current manufacturing methods and then identify opportunities where research can further reduce the volume cost of Ga2O3 wafers.

economics↗
DOE OSTI2022

Techno-economic analysis of cellulosic ethanol conversion to fuel and chemicals

In this paper, we describe multiple scenarios investigated to assess the techno-economic results of producing fuels from corn stover-derived ethanol and the impact of co-producing higher-value, ethanol-derived n-butanol and 1,3-butadiene to improve economic feasibility. An alternative approach that produces only chemicals from the lignocellulosic-derived ethanol while producing fuels from the residual cell mass, unconverted sugars and lignin using hydrothermal liquefaction and hydrotreating also is described. Our results indicate that the hydrothermal liquefaction pathway has cost advantages relative to pathways that burn lignin from the corn stover conversion process to make ethanol when the associated ethanol stream is used to make only chemicals.

09 BIOMASS FUELS↗
DOE OSTI2022

How profitable is switchgrass in Illinois, USA? An economic definition of marginal land

Decisions regarding the conversion of land from an existing crop to bioenergy crops are critical for the sustainable production of both food and fuels. This study seeks to establish criteria for delineating land as “economically marginal”, and thus suited for growing switchgrass. In this case study of an Illinois agricultural field, the profitability of switchgrass, with farmgate prices of $\$44$ Mg –1 , $\$66$ Mg –1 , or $\$88$ Mg –1 , was compared to corn and soybean crop prices. Further, the study also evaluates the profitability of switchgrass when replacing corn-based yield estimates from the Soil Productivity Index (SPI) of Illinois. Based on a dry-matter yield of 10.45 Mg ha –1 , switchgrass can compete with soybeans only at the high price of $\$88$ Mg –1 , but depending on location, can compete with corn at $\$66$ Mg –1 . Across Illinois, at $\$88$ ha –1 , all Illinois land with SPI < 100% and 95% of land under SPI class C (SPI 100–116) is profitable under switchgrass. Switchgrass may not be profitable relative to corn grown in the SPI class A (SPI > 133) and only 7% of class B (SPI 117–132). Our results show that land with drainage and erosion limitations is economically marginal when corn and soybean yields are low, and the farmgate price for switchgrass is greater than $\$66$ Mg –1 . However, this may not be possible on land where switchgrass is replacing frequent soybean rotations (corn–soybean ratio ≤ 1). Land used to produce only soybeans may only be marginal at the farmgate price of $\$88$ Mg –1 . Further studies need to be conducted to identify how much land can be converted to switchgrass without harming corn production.

09 BIOMASS FUELS↗
DOE OSTI2021

A probabilistic economic and environmental impact assessment of a cyanobacteria-based biorefinery

Microbial based biofuels represent a potential promising solution as an environmentally favorable transportation fuel. Cyanobacteria have many of the same advantages as microalgae: ability for rapid growth in otherwise non-arable regions, suitability for genetic engineering, and simple nutritional needs. Additionally, cyanobacteria can be engineered to secrete valuable co-products that can be harvested independent from the produced biomass. However, little work has been done to identify the processes and the economic and environmental impacts associated with a large-scale cyanobacteria-to-fuels facility. The present study is a concurrent techno-economic and life cycle assessment of a facility that generates fuels and methyl laurate, an oleochemical, from the cyanobacterial species Synechocystis sp. PCC 6803. Here, the biorefinery model includes all aspects of cultivation, separation of the secreted methyl laurate, biomass harvesting and fuel processing via hydrothermal liquefaction (HTL) of the dewatered biomass. The assessments leverage Monte Carlo analysis (MCA) to address uncertainty and variability inherent in the most significant input parameters, replacing them with probabilistic functions. For the facility configuration producing both fuels and the oleochemical co-product, the MCA average minimum fuel selling price (MFSP) is $\$2.47$ per decimeter (dm 3 ) or $\$9.34$ per gallon of gasoline equivalent (gge) with the corresponding average global warming potential determined to be 118 g CO 2 -eq-MJ -1 . The case producing only fuels results in an MCA average MFSP of $\$2.01$-(dm 3 ) -1 ($\$7.60$-gge -1 ) and an average environmental impact of 100 g CO 2 -eq-MJ -1 . These results are compared to static optimistic and conservative scenario analysis estimates, illustrating the over- and under-estimation of outcomes associated with non-stochastic methods. Suggested facility improvements include increases in pond productivity of both the biomass and methyl laurate oil production, as well as improvements to carbon utilization and bio-crude yield from HTL processing.

09 BIOMASS FUELS↗
DOE OSTI2020

Biodiesel production from engineered sugarcane lipids under uncertain feedstock compositions: Process design and techno-economic analysis

In this study, different process schemes were designed and evaluated for biodiesel production from engineered cane lipids with uncertain fatty acid compositions. Four different process schemes were compared under (i) thermal glycerolysis and (ii) enzymatic glycerolysis approaches. These schemes were based on the biodiesel yield and economic indicators such as the net present value (NPV) and the minimum selling price (MSP) of biodiesel. A scheme with polar lipid separation under thermal glycerolysis resulted in the maximum NPV ($\$96.5$ million) and minimum MSP ($\$1107$ /ton biodiesel), respectively. Through local sensitivity analysis, it was concluded that the cane lipid percentage is the most significant factor influencing process economics. A conjoint analysis of the lipid procurement price and cane lipid percent suggested that 15% cane lipids with a low lipid procurement price ($\$0.536$ /kg) results in a positive NPV. When the cane lipid price is higher (> $\$0.80$ /kg), a 20% lipid content should be considered to achieve a positive NPV. At 20% cane lipids, the worst-case and best-case scenarios were evaluated by analyzing the interplay of the three most important parameters, Here, the best-case scenario revealed that the minimum NPV under any process scheme could yield more than $\$100$ million (or MSP: $\$0.80$ /L), and the worst-case analysis showed that losses incurred by the plant could be as high as 80 million (MSP: $\$1.36$ /L). A Monte Carlo simulation indicated that there is a 70% chance of the plant being profitable (NPV > 0).

09 BIOMASS FUELS↗