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Search indexed NASA NTRS and DOE OSTI research on propulsion, heat transfer, battery materials and energy systems. Follow report and document links to the original sources.

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At least 487 records · Page 27

Stochastic Models, Indices & Optimization Algorithms for Pricing & Hedging Reliability Risks in Modern Power Grids: Data Plan - Princeton

We collected and cleaned the synthetic grid data produced by NREL for the Texas and New York synthetic grids. We developed a high dimensional joint stochastic model for load at the zone level, and solar and wind power productions at the asset level, capturing the spatial and temporal dependencies between all the variables, and demonstrated how such a model could be fitted to historical data. We designed and implemented a simulation engine which can produce Monte Carlo scenarios for the hourly day-ahead values of load, and solar and wind power productions at the spatial and temporal resolutions of the historical data used to fit the model. Finally we developed an open-source Python package which can, from an input grid model, efficiently use forecasts and large numbers of Monte Carlo scenarios to provide unit commitment and economic dispatch for each of these scenarios. The high dimensional stochastic model and the subsequent Monte Carlo simulation engine were implemented in the package PGscen and the corresponding UC and ED optimization programs in the package Vatic.

14 SOLAR ENERGY↗

Potential bill impacts of dynamic electricity pricing on California utility customers

The rapid growth of renewable generation is creating challenges for the California grid in the form of the “duck curve,” with increasingly steep ramping required for conventional generation resources in the morning and evening, and growing curtailment of solar resources in midday periods. Time-varying electricity tariffs have received considerable attention as a tool to address these challenges, with a renewed recent focus on the potential for dynamic tariffs that vary to reflect conditions on the grid in near-real time. Consideration of dynamic tariffs may raise concerns about the financial impact on utility customers, especially for those who have limited flexibility to modify their electricity consumption in response. Specific areas of concern include electricity bills, bill volatility, and equity implications related to cost shifting among customer groups. In this paper we leverage smart meter data for more than 400,000 California utility customers, spanning residential, commercial, industrial, and agricultural customers, to assess potential customer bill impacts arising from a multi-component dynamic tariff . Specifically, we compute impacts on customer bills and bill volatility under the assumption of fully inelastic demand, i.e., where customers do not change their consumption patterns in response to the tariff. We also assess various approaches designing subscription load shapes that customers can pre-purchase as a hedge that may provide a measure of protection against large negative impacts, while still incentivizing the modification of loads on the margin. We compare and contrast the relative impacts on different customer classes and discuss benefits and pitfalls of different dynamic tariff structures and subscription load shapes.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

An Atlas of Current Customer-Facing Utility Program Designs and Pricing

The National Renewable Energy Laboratory (NREL) and Kevala conducted a targeted literature review and leveraged extensive expertise, including team members with four decades of experience in the utility sector, to characterize utility programs and rate designs. This analysis delves into the motivations behind these programs and the various hurdles they face. Through this in-depth study, the team provides critical insights into the operational dynamics of utility programs, identifying key drivers and barriers that influence their effectiveness and implementation.

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATI↗

Thermoelectric heat pump water heater priced for mass market deployment with 30% energy savings

This project, a Cooperative Research and Development Agreement (CRADA) partnership between A. O. Smith and Oak Ridge National Laboratory (ORNL), was initiated to develop a heat pump water heater (HPWH) based on thermoelectric (TE) heat pump technology capable of seeing widespread market adoption by having a one-year payback versus electric resistance options.

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATI↗

PACE 2: Pricing and Cost Estimating Handbook

An automatic data processing system to be used for the preparation of industrial engineering type manhour and material cost estimates has been established. This computer system has evolved into a highly versatile and highly flexible tool which significantly reduces computation time, eliminates computational errors, and reduces typing and reproduction time for estimators and pricers since all mathematical and clerical functions are automatic once basic inputs are derived.

Stewart, R. D.↗

Competitively priced hydrogen via high-efficiency nuclear electrolysis

A fully dedicated nuclear-electrolytic hydrogen-production facility, based on advanced (1985) technology, has been synthesized and assessed at the conceptual level. The facility integrates an HTGR operating a binary shaftpower-extraction cycle at 980 C top temperature, direct dc electricity generation via acyclic generators, and high-current density high-pressure electrolyzers based on the solid polymer electrolyte approach. All subsystems are close-coupled and optimally interfaced. Pipeline-pressure hydrogen and coproduct oxygen are produced at 6900 kPa. On consistent costing bases, the advanced facility concept was found to provide hydrogen costs that were approximately half those associated with conventional, contemporary-technology nuclear electrolysis. The nuclear heat-to-hydrogen energy conversion efficiency for the advanced system was estimated as 43%, against 25% for the baseline present-day approach.

Escher, W. J. D.↗

A normative price for a manufactured product: The SAMICS methodology. Volume 1: Executive summary

A summary for the Solar Array Manufacturing Industry Costing Standards report contains a discussion of capabilities and limitations, a non-technical overview of the methodology, and a description of the input data which must be collected. It also describes the activities that were and are being taken to ensure validity of the results and contains an up-to-date bibliography of related documents.

Chamberlain, R. G.↗

Value of crops: Quantity, quality and cost price

Possibilities of using algae as a nutritional supplement are examined. The nutritional value and protein content of spirulines of blue algae are discussed. A cost analysis of growing them artificially is presented.

Meyer, C.↗