Engineering Papers⌕ Search

SEARCH · Engineering Papers

Results for “economic analysis”

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.

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

At least 55 records · Page 3

Techno-Economic Analysis of Gas-Liquid Contactors for Tritium Extraction from Lead-Lithium

To enable a sustainable fuel cycle, any deuterium-tritium fusion reactor must breed its tritium fuel onsite. Lead-lithium (PbLi), a eutectic metal, is a leading liquid breeder material for tritium generation. One challenge with PbLi blanket technology is the extraction of tritium from the molten eutectic. Three technologies are the focus of worldwide research: the vacuum permeator, the vacuum sieve tray, and the gas-liquid contactor (GLC). The present work offers a methodology for designing, sizing, optimizing, and costing a trickle-bed GLC. Here, we analyzed tritium extraction from PbLi using MELODIE experimental data by applying traditional packed bed mass transfer efficiency models along with supplementary models, like film theory. Our analysis revealed that traditional packed bed mass transfer efficiency models do not fit the MELODIE loop experimental data. Moreover, uncertainty in PbLi solubility resulted in a 325-fold increase in required gas flow rates when comparing identical packing heights. The film theory liquid mass transfer coefficient, Delt-Olujic wettability model, and Reiter tritium solubility values fit the MELODIE data best and were used both in the design and to conduct the economic analysis. Techno-economic analysis of the GLC was performed to evaluate three design sizes, all achieving a minimum extraction efficiency of 90 [%] for a total tritium extraction of 31 [kg/yr].

Fusion Fuel Cycle↗

Space tug economic analysis study. Volume 1: Executive summary

An economic analysis of space tug operations is presented. The space tug is defined as any liquid propulsion stage under 100,000 pounds propellant loading that is flown from the space shuttle cargo bay. Two classes of vehicles are the orbit injection stages and reusable space tugs. The vehicle configurations, propellant combinations, and operating modes used for the study are reported. The summary contains data on the study approach, results, conclusions, and recommendations.

Source record↗

Economic analysis of new space transportation systems: Executive summary

An economic analysis of alternative space transportation systems is presented. Results indicate that the expendable systems represent modest investments, but the recurring costs of operation would remain high. The space shuttle and tug system requires a substantial investment, but would substantially reduce the recurring costs of operation. Economic benefits and costs of the different systems are also analyzed. Findings are summarized.

Source record↗

Techno-Economic Analysis of Data-Driven and Transactive Approaches for Resilience Enhancement

As extreme weather events lead to more frequent power outages, understanding and enhancing grid resilience is critical to mitigating economic losses and non-energy impacts from service disruptions. Here, this study introduces a novel techno-economic analysis framework for evaluating resilience enhancement mechanisms. The framework combines grid response modeling with a co-simulation approach and valuation methodology to provide a comprehensive assessment. We apply this framework to a realistic case study of the Texas grid during Winter Storm Uri in February 2021. Two advanced resilience strategies are analyzed: a data-driven rolling outage mechanism and a transactive energy (TE) based allocation scheme. The rolling outage scheme selectively serves customers based on real-time curtailment needs, while the TE scheme allows customers to trade energy allocations according to their preferences. Our findings show that both the rolling outage and TE schemes significantly outperform conventional methods (i.e. controlled outages) by reducing the amount of energy not supplied to customers by 41% and 64%, respectively. These approaches also enhance flexibility and customer satisfaction, while improving energy utilization for greater resilience. Additionally, they maintain thermal comfort about 3.5 times better and substantially lower customer risk exposure. A key contribution of this study is addressing both utility and customer perspectives while considering both energy and non-energy impacts. The techno-economic analysis indicates that implementing these resilience enhancement strategies would incur an additional 1.1Bto1.6B in utility costs but has the potential to avoid 17.3Bto18B of customer losses as compared to existing solutions, thereby underscoring the value of investing in advanced resilience, as it provides significant societal benefits to customers.

42 ENGINEERING↗

Economic Analysis of Battery (NMC) Cathode Material Production in Flame Spray Process with Sustainable Solvents

To reduce the cathode material manufacturing cost, our lab has developed a flame spray process that utilize sustainable solvent glycerol as solvent to manufacture the cathode material. The economic analysis of the new green chemical process was studied based on discounted cash flow method. The major economic indicator used in this study is the minimum cathode material selling price (MCSP), whereas the co-precipitation method for NMC333 production was selected as the reference for economic analysis.

25 ENERGY STORAGE↗

Enhanced Weathering Screening Techno-Economic Analysis

This presentation reports on a screening techno-economic analysis that examines the impact of key factors that influence terrestrial enhanced weathering performance and cost. Two cases are considered for analysis based on the material used: (1) Naturally occurring mined igneous rock (2) Industrial waste materials (like biomass ash or cement kiln dust) The analysis considers locating the terrestrial enhanced weathering system in the Midwestern United States, because of proximity to alkaline materials, availability of farmland, and appropriate ambient conditions for weathering. For the igneous rock case, the size of the system is based on the average amount of igneous rock available from a single mine—250,000 tonnes/year. For the industrial waste case, the size of the system is based on the amount of suitable waste material produced by an industrial hub—150,000 tonnes/year.

Leptinsky, Sarah↗

Space tug economic analysis study. Volume 2: Tug concepts analysis. Part 1: Overall approach and data generation

An economic analysis of space tug operations is presented. The subjects discussed are: (1) data base for orbit injection stages, (2) data base for reusable space tug, (3) performance equations, (4) data integration and interpretation, (5) tug performance and mission model accomodation, (6) total program cost, (7) payload analysis, (8) computer software, and (9) comparison of tug concepts.

Source record↗

Techno-Economic Analysis of Recycled Ionic Liquid Solvent Used in a Model Colloidal Platinum Nanoparticle Synthesis

Ionic liquids have garnered significant attention over the past 20 years as alternatives to conventional volatile organic solvents because they are non-flammable, have negligible vapor pressures, possess high thermal and chemical stabilities, and can potentially be recycled. A more recent use of ionic liquids is their application as a solvent in the synthesis of colloidal inorganic nanoparticles; however, a major challenge in the adoption of ionic liquids is that they are generally more expensive than their traditional organic solvent counterparts. Herein, we provide insight into how recycling an ionic liquid solvent affects the product characteristics in a model colloidal platinum nanoparticle synthesis, the structure of the ionic liquid through each recycle, and the overall cost of nanoparticle fabrication using a techno-economic analysis. Using a standard ionic liquid, 1-butyl-3-methylimidazolium bis(trifluoromethylsulfonyl)imide (BMIM-NTf2), as the solvent for a Pt nanoparticle synthesis, we demonstrate that the ionic liquid can be recovered and reused through multiple successive reactions following the initial reaction with virgin, or as-purchased, ionic liquid. The use of recycled ionic liquid does not cause any degradation in the product quality or change in nanoparticle morphology. Techno-economic analysis of this synthesis method revealed that, through ionic liquid recycling, nanoparticle preparation using BMIM-NTf2 can achieve a cost that is not only competitive but also potentially lower than that of the conventional organic solvent, 1-octadecene.

37 INORGANIC, ORGANIC, PHYSICAL, AND ANALYTICAL CH↗

Techno-Economic Analysis of Solid Oxide Fuel Cell-Gas Turbine Hybrid Systems for Stationary Power Applications Using Renewable Hydrogen

Solid oxide fuel cell (SOFC)–gas turbine (GT) hybrid systems can produce power at high electrical efficiencies while emitting virtually zero criteria pollutants (e.g., ozone, carbon monoxide, oxides of nitrogen and sulfur, and particulate matters). This study presents new insights into renewable hydrogen (RH 2 )-powered SOFC–GT hybrid systems with respect to their system configuration and techno-economic analysis motivated by the need for clean on-demand power. First, three system configurations are thermodynamically assessed: (I) a reference case with no SOFC off-gas recirculation, (II) a case with cathode off-gas recirculation, and (III) a case with anode off-gas recirculation. While these configurations have been studied in isolation, here we provide a detailed performance comparison. Moreover, a techno-economic analysis is conducted to study the economic competitiveness of RH 2 -fueled hybrid systems and the economies of scale by offering a comparison to natural gas (NG)-fueled systems. Results show that the case with anode off-gas recirculation, with 68.50%-lower heating value (LHV) at a 10 MW scale, has the highest efficiency among the studied scenarios. When moving from 10 MW to 50 MW, the efficiency increases to 70.22%-LHV. These high efficiency values make SOFC–GT hybrid systems highly attractive in the context of a circular economy as they outcompete most other power generation technologies. The cost-of-electricity (COE) is reduced by about 10% when moving from 10 MW to 50 MW, from USD 1976/kW to USD 1668/kW, respectively. Renewable H 2 is expected to be economically competitive with NG by 2030, when the U.S. Department of Energy’s target of USD 1/kg RH 2 is reached.

25 ENERGY STORAGE↗

Economic Analysis of Changes in Hydropower Operations at the Flaming Gorge Dam and the Aspinall Unit Due to the Upper Colorado River Endangered Fish Recovery Program

This report was prepared by Argonne National Laboratory (Argonne) in support of an economic analysis of operational restrictions at the Flaming Gorge Dam (FG) and the Aspinall Unit conducted for the U.S. Department of Energy’s Western Area Power Administration (WAPA). WAPA markets electricity produced at hydroelectric facilities operated by the Bureau of Reclamation (Reclamation). The facilities known collectively as the Salt Lake City Area Integrated Projects (SLCA/IP) include dams equipped for power generation on the Colorado, Green, Gunnison, and Rio Grande Rivers and on Plateau Creek in the states of Arizona, Colorado, New Mexico, Utah, and Wyoming. This report presents detailed findings of an economic analysis of operational restrictions implemented at FG during water years (WYs) 2001 to 2016, and at the Aspinall Cascade during WYs 2013 to 2016. Staff members of Argonne’s Energy Systems Division prepared this document with assistance from staff members of WAPA’s Colorado River Storage Project (CRSP) Management Center and Reclamation, Upper Colorado Region.

13 HYDRO ENERGY↗

BETO 2021 Peer Review - Algal Biofuels Techno-Economic Analysis 1.3.5.200

The objective of NREL's Algal Biofuel Techno-Economic Analysis (TEA) project is to provide process modeling and analysis to support Algae Program activities, utilizing TEA models to relate key process parameters with overall economics for cultivation, processing, and conversion of algal biomass to fuels and coproducts. By quantifying economic implications of key process metrics, TEA models highlight the technical requirements to achieve future program cost goals as well as enabling a means to track progress towards these goals. This project provides high impact and relevance though generation of critical cost data tied to funded research, with our analyses subsequently exercised by BETO to guide program plans, FOA priorities, and other directives. This includes costs for both algal biomass production and downstream conversion, most notably to support BETO's fuel cost targets below $2.5/GGE by 2030. To mitigate a key risk/challenge in constraining our work to academic analyses rooted only in future projections, our work also seeks to provide near-term value to today's algae industry through frequent industry engagement, while maintaining close ties with other BETO collaborators. This project has made numerous accomplishments since the 2019 peer review, including a continued focus on opportunities for value-added products, with related analyses for new pathway opportunities to achieve BETO cost goals and notable State-of-Technology (SOT) improvements over prior cost benchmarks.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

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↗

Techno-economic analysis of bioplastic and biofuel production from a high-ash microalgae biofilm cultivated in effluent from a municipal anaerobic digester

Rotating Algae Biofilm Reactors (RABRs) are a promising technology for efficient treatment of wastewater and production of algae-based bioproducts. However, RABR-grown algae can contain a high content of ash (30–60 wt%, dry basis), which influences the technical and economic feasibility of bioproduct conversion processes. In this report, experimental studies and economic analysis were conducted to compare different processes for bioproduct conversion of a high-ash microalgae biofilm grown using a RABR treating 0.6 million gallons per day of anaerobic digestion centrate at the Central Valley Water Reclamation Facility in Salt Lake City, UT. Process and economic models were developed and compared for three conversion processes: 1) the production of bioplastics, 2) the production of bioplastics with a lipid-extraction pretreatment, and 3) the production of biocrude via hydrothermal liquefaction. Techno-economic analysis was performed for each conversion process, including three cases for algae productivity: 231, 391, and 577 metric tons per year (dry basis). The calculated value for the minimum plastic selling price (MPSP) of bioplastics produced from algae ranges from $\$4050$ to $\$3520$ per metric ton based on the baseline and final productivity cases of the RABR, respectively. The extraction of lipids in addition to bioplastic production results in an MPSP of $\$4570$ to $\$4000$ per metric ton for the same productivity cases. The relatively small production scale and complex processing for hydrothermal liquefaction results in a minimum fuel selling price of the biocrude of $\$5.32$ per gallon of gasoline equivalent. In conclusion, the conversion process for bioplastic production from whole algae has the highest income:expense ratio and the most cost-competitive pricing of the three modeled processes.

09 BIOMASS FUELS↗