Engineering Papers⌕ Search

SEARCH · Engineering Papers

Results for “cost model”

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 73 records · Page 4

Modeling the Cost of Onshore CO2 Pipeline Transport and Onshore CO2 Saline Storage

This paper describes the FECM/NETL CO2 Transport Cost Model (CO2_T_COM), a technoeconomic model of CO2 transport by pipeline, and the FECM/NETL CO2 Saline Storage Cost Model (CO2_S_COM), a technoeconomic model of storage of CO2 in a deep, subsurface saline formation. The results of applying CO2_T_COM to calculate break-even CO2 prices to transport CO2 at different mass flow rates and different distances are presented. Similarly, CO2_S_COM is used to calculate the break-even CO2 price for storing CO2 in 314 potential storage formations across the US. These break-even prices are used to construct cost-supply curves for CO2 storage which are presented on a national and regional basis. CO2_T_COM and CO2_S_COM are the most comprehensive open source technoeconomic models available for analyzing CO2 pipeline transport and CO2 saline storage. To be presented at the SPE?AAPG/SEG Carbon Capture Utilization and Storage Conference in Houston, TX, March 11-13, 2024.

Morgan, David↗

Assessing the New Home Market Opportunity: Case Study and Cost Modeling for Solar and Storage in 2030

In 2020, the United States had a cumulative 19 gigawatts (GWdc) of residential solar photovoltaic (PV) capacity. A growing percentage of these solar installations are paired with battery storage, up from 0.1% in 2015 to 8.1% in 2020. Some states are considering or have already adopted policy mandates to require solar and storage systems. The cost of installing residential solar and battery storage projects remains a barrier to widespread adoption nationwide. For example, the cost of a typical residential retrofit solar and storage system ranges from $\$ 26,153$ to $\$ 37,909$, which is 38% to 100% higher than a standalone PV system.

14 SOLAR ENERGY↗

Baseline Cost Model for Hydropower: Documentation (2025)

Hydropower currently contributes about 80 GW of conventional and 23 GW of pumped storage capacity to the United States (US) power grid. Previous studies have estimated a considerable amount of remaining US hydropower resources, including non-powered dams (NPD) (Hadjerioua et al., 2012), new stream-reach developments (NSD) (Kao et al., 2014), pumped storage hydropower (PSH) and canal/conduit (Kao et al., 2022). The combined theoretical capacity potential of these various hydropower resources is comparable to the existing US hydropower capacity. There is a continuing interest in developing this hydropower potential, particularly to help meet the increasing demand for electricity. However, available data (Sasthav and Oladosu, 2022) show that the rate of new hydropower development has slowed considerably over time despite the interest of industry stakeholders. This is partly due to the competition from other energy resources and from the highly dispersed nature of remaining hydropower resources, which lead to high information requirements for evaluating the feasibility of potential projects. Cost information provides the most succinct summary of the feasibility of a potential hydropower project required by stakeholders, including developers, investors, policymakers, consumer groups, etc., considering investment options. The best estimates of hydropower costs can be obtained through detailed engineering design and cost assessments of individual projects. However, this approach has high data and resource (time, funds, cross-disciplinary expertise) requirements that render it inapplicable for rapid cost estimation with limited data. Although innovative approaches can overcome some of these impediments (see Oladosu and Ma, 2024 for such an application to potential NPD projects), the development of such approaches still requires significant amounts of resources and are not generally applicable to all hydropower project types. Therefore, statistical and parametric methods using simpler cost specifications remain of significant utility to hydropower stakeholders and are, at the least, complementary to more detailed approaches, particularly when evaluating many potential projects.

13 HYDRO ENERGY↗

Modeling the Cost of CO2 Saline Storage on a Regional and National Level

This poster presents the results of using the FECM/NETL CO2 Saline Storage Cost Model (CO2_S_COM) to evaluate the cost of saline storage in potential storage formations in the lower 48 U.S. states. Costs were calculated for 314 saline storage formations in the CO2_S_COM geologic property database. These results were used to generate national and regional cost-supply curves. In addition, a sensitivity analysis was performed that quantified how modifying several input variables in CO2_S_COM affected the costs. Poster presented (virtual) at the 2024 AGU Conference, December 9-13, 2024, Washington, D.C.

Morgan, David [NETL]↗

Evaluating power grid model hydropower feasibility with a river operations model

Production cost models (PCMs) simulate dispatch of generators across a large power grid and are used widely by planners to study the reliability of electricity supply. As energy systems transition away from the thermoelectric technologies that have traditionally balanced electricity supply and demand, hydropower and its representation in PCMs is of increasing importance. A limitation of PCMs applied to continental power grids with diverse generation portfolios is that hydropower generation is simulated without full consideration of complex river dynamics, leading to possible misrepresentation of grid flexibility and performance. In addition, data used in PCMs may reflect outdated operating policies. In this paper we propose a hydropower generation feasibility test for PCMs. The approach uses a detailed hydropower model to determine whether the hourly hydropower schedule from a PCM with simplified monthly parameterization can be attained after accounting for realistic river dynamics and operating policies, such as spill requirements and general water movement and balance through a cascade reservoir system. We perform this hydropower generation test for the ‘Big 10’ hydropower system on the Columbia River (part of the Western Interconnect of the United States), revealing 9% overestimation of available hydropower generation in a PCM solution in an average hydrologic year. Our evaluation provides insight on the cost and opportunities for better representing hydropower in PCMs.

54 ENVIRONMENTAL SCIENCES↗

Machine Learning Reduced Order Model for Cost and Emission Assessment of a Pyrolysis System

Biomass pyrolysis is a promising approach for producing economic and environmentally-friendly fuels and bioproducts. Biomass pyrolysis experiments show that feedstock properties have a significant impact on product yields and composition. Scientists are developing detailed chemical reaction mechanisms to capture the relationships between biomass composition and pyrolysis yields. These mechanisms can be computationally intensive. In this study, we investigate the use of a machine learning reduced order model (ROM) for assessing the costs and emissions of a pyrolysis biorefinery. Here, we developed a Kriging-based ROM to predict pyrolysis yields of 314 feedstock samples based on the results of a detailed chemical kinetic pyrolysis mechanism. The ROM is integrated into a chemical process model for calculating mass and energy yields in a commercial-scale (2000 tonne/day) biorefinery. The ROM estimated biofuel yields of 65 to 130 gallons per ton of dry biomass. This results in biofuel minimum fuel-selling prices of $2.62 to $5.43 per gallon and emissions of -13.62 to 145 kg of CO 2 per MJ. The ROM achieved an average mean square error of 1.8e-20 and a mean absolute error of 0.53%. These results suggest that ROMs can facilitate rapid feedstock screening for biorefinery systems.

09 BIOMASS FUELS↗

Hydrogen Production Cost with Anion Exchange Membrane Electrolysis

Rigorous stakeholder-vetted techno-economic analysis was performed to assess the cost of hydrogen (H 2 ) produced using state-of-the-art Anion Exchange Membrane (AEM) electrolysis. Projected high-volume, untaxed and unsubsidized levelized cost of hydrogen (LCOH)1 range from 2020 $\$$1.78 to $\$$3.68/kg H 2 depending on technology year, process design, and electrolyzer project scale, assuming an electricity price of $\$$0.03/kWh and a capacity factor of 97%. The total installed capital cost for an AEM electrolysis plant was estimated from bottom-up stack and process plant cost models. The stack cost model accounts for manufacturing equipment, equipment maintenance, material, tooling, cycle time, yield, labor, utilities and general overhead. The process plant cost model accounts for purchased equipment, installation costs, site preparation, and general overhead costs. For this study, the AEM electrolysis plant is assumed to be a stick-built, greenfield project developed by an engineering, procurement, and construction (EPC) firm with electrolysis stacks purchased directly from an electrolysis stack manufacturer. The price of the electrolysis stacks is based on a bottom-up cost assessment with business markup for the electrolysis company fabricator. Methods from the Hydrogen Analysis (H2A) production model, a peer-reviewed national laboratory-developed discounted cash flow (DCF) model, were used to calculate the production LCOH in 2020 $\$$/kg H 2 . The baseline electricity price case ($\$$0.03/kWh) corresponds to average wholesale electricity prices currently possible in U.S. markets with plentiful wind. Similar low-cost electricity pricing is possible from solar Power Purchase Agreements (PPA) although these prices are typically limited by renewable energy capacity factors.

08 HYDROGEN↗

Pumped Storage Hydropower Operation & Maintenance Cost Estimation

The National Laboratory of the Rockies (NLR) develops and hosts a pumped storage hydropower (PSH) cost model that is the most detailed bottom-up PSH cost model available to the public. It is available both as a spreadsheet and an interactive web tool, enabling users with a variety of PSH interests to transparently characterize costs of alternative PSH sites and designs. The NLR PSH cost model was designed originally to consider only upfront capital costs only. This slide deck describes methodology to expand the cost model to include operations and maintenance (OM) costs. OM costs are characterized as five distinct components with unique sources and methods for cost estimation. By combining methods for each of these components into a cumulative OM cost estimate, these methods allow a more complete estimation of total OM costs that agrees with existing literature values. The methods are scalable and transparent, allowing them to be readily to applied to any prospective PSH facility for a representative preliminary OM cost estimate in advance of detailed site-specific engineering and other studies.

13 HYDRO ENERGY↗

GEOPHIRES v2.0

GEOPHIRES v2.0 is a geothermal techno-economic simulation tool upgraded from GEOPHIRES v1.2. The name stands for "GEOthermal energy for Production of Heat and electricity (“IR”) Economically Simulated". GEOPHIRES combines reservoir, wellbore, and surface plant technical models with cost correlations and levelized cost models to estimate the capital and operation and maintenance costs, instantaneous and lifetime energy production, and overall levelized cost of energy of a geothermal plant. In addition to electricity generation, direct-use heat applications and combined heat and power or cogeneration can be modeled. Various upgrades have been implemented to develop GEOPHIRES v2.0, including: updating the built-in cost correlations, coupling to the external reservoir simulator TOUGH2, enhancing the built-in wellbore simulator, converting the programming language to Python, and making the code open-source. Users are encouraged to build upon the tool, e.g. by implementing their own correlations or coupling to other simulators.

Beckers, Koenraad↗