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At least 73 records · Page 4

Study of component technologies for fuel cell on-site integrated energy systems

Heating, ventilation and air conditioning equipment are integrated with three types of fuel cells. System design and computer simulations are developed to utilize the thermal energy discharge of the fuel in the most cost effective manner. The fuel provides all of the electric needs and a loss of load probability analysis is used to ensure adequate power plant reliability. Equipment cost is estimated for each of the systems analyzed. A levelized annual cost reflecting owning and operating costs including the cost of money was used to select the most promising integrated system configurations. Cash flows are presented for the most promising 16 systems. Several systems for the 96 unit apartment complex (a retail store was also studied) were cost competitive with both gas and electric based conventional systems. Thermal storage is shown to be beneficial and the optimum absorption chiller sizing (waste heat recovery) in connection with electric chillers are developed. Battery storage was analyzed since the system is not electric grid connected. Advanced absorption chillers were analyzed as well. Recommendations covering financing, technical development, and policy issues are given to accelerate the commercialization of the fuel cell for on-site power generation in buildings.

Lee, W. D.↗

Study of component technologies for fuel cell on-site integrated energy system. Volume 2: Appendices

This data base catalogue was compiled in order to facilitate the analysis of various on site integrated energy system with fuel cell power plants. The catalogue is divided into two sections. The first characterizes individual components in terms of their performance profiles as a function of design parameters. The second characterizes total heating and cooling systems in terms of energy output as a function of input and control variables. The integrated fuel cell systems diagrams and the computer analysis of systems are included as well as the cash flows series for baseline systems.

Lee, W. D.↗

Satellite servicing: A business opportunity?

The possibilities of satellite servicing as a business opportunity are examined. The service rate which a user must be charged to yield a reasonable return is derived and then compared against the market's willingness to pay that rate. Steps taken to provide the basis from which the service rate could be derived include: (1) constructing a hypothetical on orbit servicing business offering both on orbit and associated ground services; (2) estimating the total on orbit service business potential by analyzing mission models to the year 2000; and (3) setting up ground rules to bound the conduct of the business. Using this basic information service demand (business volume) cost to set up the business, costs for operation and maintenance tax rates and desired rate of return are estimated to determine the user charge. Sensitivity of the service rate to various parameters are also assessed. The time span for the business venture runs from 1986 through 2000 with service to 1991 provided via the orbiter and by a space station beyond 1991. This point analysis shows about five years of negative cash flow, with steady profits thereafter.

Wong, R. E.↗

Lunar power system summary of studies for the lunar enterprise task force NASA-office of exploration

The capacity of global power systems must be increased by a factor of ten to provide the predicted power needs of electric power by the year 2050. The Lunar Power System (LPS) would collect solar energy at power bases located on opposing limbs of the moon as seen from Earth. LPS can provide dependable, economic, renewable, and environmentally benign solar energy to Earth. A preliminary engineering and cash flow model of the LPS was developed. Results are shown for a system scaled to a peak capacity of 355 GWe on Earth and to provide 13,600 GWe-Yrs of energy over a 70 year life cycle of construction and full operation. The growth in capacity of the reference system from start of installation on the moon in 2005 to completion of its nominal life cycle in the year 2070 is shown. World needs for power could be accommodated by expansion in capacity of the reference LPS beyond 344 GWe. This would be done by steadily incorporating newer technology during full operation and by establishing additional bases. The results presented encourage consideration of a faster paced program than is assumed herein.

Criswell, David R.↗

How to Control Airline Routes from the Supply Side: The Case of TAP

Competition in the European airline industry is currently fierce in the face of depressed demand conditions, and in the wake of privatizations and liberalization. The Portuguese flag carrier, TAP Air Portugal, operates within this environment. It is a medium sized carrier that was part of the defunct Qualiflyer Group alliance and has recently joined the Star Alliance. It controls more than 50% of the air market between Europe and Brazil and Europe and Angola. Nevertheless, it has been experiencing financial losses. One reason for this is that, following the reasoning of Ronald Coase (1946), it is difficult for any company with decreasing average costs to recover full costs in a highly competitive market. One way of approaching the problem is to establish quasi-monopoly power and airlines have done this through such things as frequent flyer programs and hub-and-spoke operations. Other airlines, notably charter carriers, have sought to adjust capacity and services to meet an anticipated cash flow. In practice, many have used a combination of measures with mixed success. This paper focuses on how TAP has responded to changing conditions by adjusting its supply-side activities in terms of restructuring its network to maximize potential revenues.

Button, Kenneth↗

Influence of Ductility on the Performance of Lunar Habitat Structures Under Recurrent Disturbances

This research examines how ductility affects the durability of lunar surface structures against recurring disturbances like moonquakes, micrometeorite impacts, and thermal cycles over an extended period. The structural performance at various levels of ductility was determined by adjusting material parameters and the thickness of a reference multilayered dome structure. Moonquake and micrometeorite impact-induced lateral displacements were estimated using a reduced-order model under a control-oriented dynamic computational modeling framework. The study considered the degradation of the metallic dome’s strength properties over time due to thermal cycles. Fragility curves were generated by assessing the likelihood of reaching three predefined damage levels as a result of multiple hazards. Additionally, a discounted cash flow analysis was conducted to incorporate a financial aspect into the performance comparison. The findings revealed that structures with sufficient ductility capacity have a lower probability of sustaining severe damage or collapsing within a shorter time frame. Hence, having ductile structures in lunar environments is advantageous as it allows the postponement of maintenance and repair actions, thereby conserving scarce resources for more urgent tasks. Moreover, the financial analysis demonstrated that lunar habitats with higher ductile capacities result in larger net present values, offering a higher return on the initial investment.

Arsalan Majlesi↗

LID and LeTID Impacts to PV Module Performance and System Economics: Draft Analysis

This webinar is a technical review of the measurements and causes of BO LID, UV LID and LeTID, as well as modeling their impacts to PV project financial metrics. We will first review how Boron-Oxygen complexes form and detail the range of impacts to PV module power ratings over time and across climates. Similarly, we will also discuss the measurements and extent of UV LID over time and across climates. Then, we will demonstrate a methodology for translating these effects to pro forma cash flow models and their impacts to PV project financial returns and levelized cost of electricity (LCOE). We will conclude with estimates of the value of solutions to these degradation mechanisms.

41 EE - Solar Energy Technologies Office (EE-4S)↗

How Does Home Energy Score Affect Home Value and Mortgage Performance?

Energy-efficient homes save their occupants money through lower energy bills. These savings might be capitalized into higher home sale prices. They also improve the household’s net cash flow, which might make households better able to pay mortgage debt. The U.S. Department of Energy (DOE)’s Home Energy Score (HES) assigns a 1-10 score to homes and estimates annual energy bills based on modeled energy consumption. In this paper we investigated the relationship between HES metrics and two housing market outcomes: home sale price and mortgage performance. We found that the relationship was only statistically significant in places with a mandatory HES assessment at the time of sale. Using a sample of 26,291 home sales that occurred after HES assessments, we found that a one-point increase in HES in these locations was associated with a 0.5% increase in sale price, and an increase in $100 of estimated annual energy bills was associated with a 0.4% decrease. This magnitude of effect is consistent with estimated magnitudes of home sale premiums for other green or energy-efficient home certifications in the literature. We also found that a one-point increase in HES was associated with a 5.5% reduction in the odds of a loan going 30 days delinquent if the loan originated after the assessment occurred. Similarly, we found that a $100 decrease in estimated annual energy bills was associated with a 2.3% decrease in the odds of a loan going delinquent if it originated after the assessment occurred. Our results suggest that HES provides a valuable signal for housing market transactions in specific situations.

Pigman, Margaret↗

FECM/NETL Unconventional Shale Well Economic Model (UShWEM): Description and User’s Manual

FECM/NETL Unconventional Shale Well Economic Model (UShWEM) is an Excel-based model that evaluates the economics of an unconventional shale well on a per-well and per-pad basis. This document serves as the user’s manual for the model with descriptions of the procedures the user must follow to run the model. This document also describes the capabilities of the model and provides the equations that are used by the model to calculate technical quantities and key model outputs including net cash flow, internal rate of return (IRR), net present value (NPV), earnings before interest, taxes, depreciation, and amortization (EBITDA), payout month and year, and breakeven price (for either oil- or gas-wells).

Sheriff, Alana↗

FECM/NETL Unconventional Shale Well Economic Model (UShWEM)

FECM/NETL Unconventional Shale Well Economic Model (UShWEM) is an Excel-based model that evaluates the economics of an unconventional shale well on a per-well and per-pad basis. The model calculates the net cash flow, internal rate of return (IRR), net present value (NPV), earnings before interest, taxes, depreciation, and amortization (EBITDA), payout month and year, and breakeven price (for either oil- or gas-wells). The model can be used to estimate the economics of a well or pad over its lifetime (development through site reclamation) based on (1) the capital and operating costs associated with well/pad development and operations, (2) the revenue associated with oil, gas, and condensate production streams, and (3) accounting for relevant tax policies and asset depreciation applicable for oil and gas operations. The main input for the model is the completion design and production data. Key financial considerations in the model include oil, gas, and condensate market prices, tax-related settings, royalty rates, the discount rate, minimum economic hurdle (IRR) [if performing break-even analysis], and project contingency. The financial consideration can be adjusted to reflect the level of granularity the user requires as input when calculating the economics for a well or pad development. In addition, the model affords users the option to provide their user inputs for all cost categories considered. As a result, the model can be used to generate a multitude of scenario cases for sensitivity analysis of the various financial considerations, as well as production and cost profiles. To make this seamless, the model has the capability for key economic outputs to be exported in large batches through macros-enabled functions on its “Model Output Summary” and “Multi-Well Cost Analysis. The spreadsheet model includes macros and user-defined functions, so the user must enable Excel’s macro capability for the model to function correctly.

Sheriff, Alana↗

Unlocking the Value of Deep Energy Retrofits

This publication is based on an extensive study conducted on behalf of the New York State Energy Research and Development Authority (NYSERDA) and the U S Department of Energy (DOE) to explore financial and risk products to accelerate the implementation of deep energy retrofit (DER) solutions to reduce costs These financial products are intended to speed market development via three fundamental themes: reallocating risk from building owners and lenders to insurers, quantifying and monetizing previously unrecognized value associated with DERs, and providing building owners and lenders with confidence in the performance of building systems Findings are based on a comprehensive analysis and characterization of 100+ existing DER case studies, and more than 40 qualitative interviews with industry experts, including insurers, researchers, building owners, and policymakers In addition, a quantitative model of overall project economics with baseline, high, and low cases was developed This data informed the analysis that resulted in three recommended financial product solutions, which were evaluated for their potential to raise projected cash flows and finance DERs: 1) Building System Performance and Energy Savings Guarantee; 2) Trade Credit Insurance; 3) Ancillary Revenue Contracts. This report identifies many value streams associated with DERs and introduces these three potential financial products, which aim to reallocate risks and reduce barriers to the adoption of advanced envelope DERs.

ancillary renenue contracts↗

Economic Parameter Uncertainty Quantification Demonstration

HERON has recently added uncertainty quantification capabilities for economic parameters. Users may now associate a distribution with certain cash flow parameters to simulate uncertainty in cost or other economic inputs. For example, a user may want to capture the uncertainty of capital expenditures of an advanced nuclear power plant because public data is hard to find or is not available yet. This new addition allows users to account for that uncertainty.

22 GENERAL STUDIES OF NUCLEAR REACTORS↗

Quantifying Investment Risk: Analysis of the Purchase Decision of a Nuclear Power Plant (Presentation)

Cost overruns are an ill-fated part of the deployment history of nuclear power plants (NPPs) in the United States, and yet studies increasingly show the important role nuclear technologies must play in decarbonizing the U.S. economy. Paradoxically, then, a key piece of a coherent decarbonization strategy depends on attracting investor action to a purchase where historical cost overruns have been sizable. To address this challenge, this study aims to develop a financial model that quantifies the risk of cost overruns in the decision-making process for purchasing advanced reactor concepts. Using the concept of value at risk (VaR), the model is built to evaluate financial risk nuclear construction with the aim to identify risk mitigation strategies. The objective is to identify strategies to mitigate cost-risk challenges and assess the potential reduction in investor risk exposure. This paper presents the initial development and preliminary verification of the financial risk analysis model. The development of this model involved a comprehensive approach to estimating financial risk over the operating life of NPP that stems from construction uncertainties. By utilizing net present value (NPV) with discounted cash flows, the model captures the complex interconnections of project costs, construction timelines, revenue, and uncertainties. Verifying the model involved testing historical data from previous reactor construction projects against the construction project of Vogtle 3 and 4. This paper’s results present the comparison of the preconstruction cost overrun prediction with the current cost estimates from a nearly complete Vogtle 3 and 4.

22 GENERAL STUDIES OF NUCLEAR REACTORS↗

Quantifying Investment Risk: Analysis of the Purchase Decision of a Nuclear Power Plant

Cost overruns are an ill-fated part of the deployment history of nuclear power plants (NPPs) in the United States, and yet studies increasingly show the important role nuclear technologies must play in decarbonizing the U.S. economy. Paradoxically, then, a key piece of a coherent decarbonization strategy depends on attracting investor action to a purchase where historical cost overruns have been sizeable. To address this challenge, this study aims to develop a financial model that quantifies risk of cost overruns in the decision-making process for purchasing advanced reactor concepts. Using the concept of Value at Risk (VaR), the model is built to evaluate financial risk nuclear construction with the aim to identify risk mitigation strategies. The objective is to identify strategies to mitigate cost-risk challenges and to assess the potential reduction in investor risk exposure. The paper presents the initial development and preliminary verification of the financial risk analysis model. The development of this model involved a comprehensive approach to estimating financial risk over the operating life of NPP that stems from construction uncertainties. By utilizing net present value (NPV) with discounted cash flows, the model captures the complex interconnections of project costs, construction timelines, revenue, and uncertainties. Verification of the model involved testing historical data from previous reactor construction projects against the construction project of Vogtle 3 and 4. The results of this paper present the comparison of the preconstruction cost overrun prediction with the current cost estimates from a nearly complete Vogtle 3 and 4.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Time-Dependent Simulations of Turbopump Flows

Unsteady flow simulations for RLV (Reusable Launch Vehicles) 2nd Generation baseline turbopump for one and half impeller rotations have been completed by using a 34.3 Million grid points model. MLP (Multi-Level Parallelism) shared memory parallelism has been implemented in INS3D, and benchmarked. Code optimization for cash based platforms will be completed by the end of September 2001. Moving boundary capability is obtained by using DCF module. Scripting capability from CAD (computer aided design) geometry to solution has been developed. Data compression is applied to reduce data size in post processing. Fluid/Structure coupling has been initiated.

Kiris, Cetin↗

The soft X-ray/EUV calibration facility at the University of Colorado

The components of the calibration facility at the University of Colorado are described. The system is capable of analyzing the performance of optical components in the wavelength range from 2.7 to 2500 A. The system uses two light sources: a water-cooled hollow cathode gas discharge source and a soft X-ray source. The 2.2-m grazing incidence monochrometer, slits, large chamber, and computer-controlled manipulator are examined. The NBS aluminum oxide photodiode, a flowing gas proportional counter, and an imaging microchannel plate device are employed to detect the light. The optics, detectors, and data acquisition system are computer controlled. The facility is applicable for evaluating the performance of diffraction gratings, multilayer mirrors, reflective coatings, spectrographs, surface roughness scattering, and absolute detector efficiencies. Examples demonstrating the capabilities of the facility and a diagram of the facility are presented.

Windt, David L.↗

CRISPR/Cas9-Induced fad2 and rod1 Mutations Stacked With f ae1 Confer High Oleic Acid Seed Oil in Pennycress (Thlaspi arvense L.)

Pennycress (Thlaspi arvense L.) is being domesticated as an oilseed cash cover crop to be grown in the off-season throughout temperate regions of the world. With its diploid genome and ease of directed mutagenesis using molecular approaches, pennycress seed oil composition can be rapidly tailored for a plethora of food, feed, oleochemical and fuel uses. Here, we utilized Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR)/Cas9 technology to produce knockout mutations in the FATTY ACID DESATURASE2 (FAD2) and REDUCED OLEATE DESATURATION1 (ROD1) genes to increase oleic acid content. High oleic acid (18:1) oil is valued for its oxidative stability that is superior to the polyunsaturated fatty acids (PUFAs) linoleic (18:2) and linolenic (18:3), and better cold flow properties than the very long chain fatty acid (VLCFA) erucic (22:1). When combined with a FATTY ACID ELONGATION1 (fae1) knockout mutation, fad2 fae1 and rod1 fae1 double mutants produced ~90% and ~60% oleic acid in seed oil, respectively, with PUFAs in fad2 fae1 as well as fad2 single mutants reduced to less than 5%. MALDI-MS spatial imaging analyses of phosphatidylcholine (PC) and triacylglycerol (TAG) molecular species in wild-type pennycress embryo sections from mature seeds revealed that erucic acid is highly enriched in cotyledons which serve as storage organs, suggestive of a role in providing energy for the germinating seedling. In contrast, PUFA-containing TAGs are enriched in the embryonic axis, which may be utilized for cellular membrane expansion during seed germination and seedling emergence. Under standard growth chamber conditions, rod1 fae1 plants grew like wild type whereas fad2 single and fad2 fae1 double mutant plants exhibited delayed growth and overall reduced heights and seed yields, suggesting that reducing PUFAs below a threshold in pennycress had negative physiological effects. Taken together, our results suggest that combinatorial knockout of ROD1 and FAE1 may be a viable route to commercially increase oleic acid content in pennycress seed oil whereas mutations in FAD2 will likely require at least partial function to avoid fitness trade-offs.

09 BIOMASS FUELS↗