Engineering Papers⌕ Search

SEARCH · Engineering Papers

Results for “Economic”

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 1,765 records · Page 98
All sourcesNASA NTRSDOE OSTI
DOE OSTI2023

Techno-Economic Analysis of an SOFC Hybrid Carbon Conversion Concept

This is a presentation prepared for the 2023 Hydrogen and Fuel Cell Seminar to take place in Long Beach, CA on February 7-9, 2023. The presentation highlights analysis recently conducted by NETL on the cost and performance associated with operating SOFC systems in a hybridized configuration with compressed air energy storage.

Buchheit, Kyle L.↗
DOE OSTI2023

Enabling Advanced Energy Systems for Clean, Secure, and Sustainable Economic Growth Across Asia

The U.S. Agency for International Development (USAID) has partnered with the U.S. Department of Energy's national laboratories to form the Advanced Energy Partnership for Asia. Led by USAID and the National Renewable Energy Laboratory (NREL), the Partnership supports energy sector transformation and the growth of clean, secure, and sustainable energy markets across Asia.

Advanced Energy Partnership for Asia↗
DOE OSTI2023

Optimization of Energy Storage System Economics and Controls by Incorporating Battery Degradation Costs in REopt

The use of stationary electrochemical energy storage systems utilizing lithium-ion batteries has increased rapidly as the production scale and price for lithium-ion batteries has decreased. These energy storage systems are crucial for maintaining grid resiliency, especially for grids operating with high penetration of renewable energy generation assets or for with a variety of distributed energy generation and storage systems. One challenging factor for the development of battery energy storage systems is estimating the proper sizing, in terms of both power and energy, that minimizes total costs over the lifetime of the systems; this calculation is difficult in simple cases, where a battery is costed independently, but is extremely challenging when building loads and electrical generation by photovoltaic resources are also considered. REopt is a techoeconomic optimization tool developed by NREL to address these challenges. Previously, battery degradation has been priced by simply assuming a 10-year replacement schedule for battery systems. However, this does not account for varying degradation trends observed across real-world batteries, or allow for batteries to be operated in a degradation-aware manner that optimizes battery dispatch based on operating costs. This work incorporates a battery life model into REopt. This battery life model is simple, so that it may be solvable within the constrains of a mixed-integer linear optimization problem, but is fit to accelerated aging data recorded in the lab. To achieve the best possible accuracy for lifetime estimates given these constraints, parameters for the battery life model in REopt are estimated by fitting 20-year simulations of battery life after identifying state-space battery degradation model from accelerated aging data. Comparisons of battery life predicted in REopt and from the state-space battery degradation model to ensure validity of lifetime estimates made by REopt. Battery life and cost is optimized by controlling three decision to minimize system life cost: battery sizing, daily state-of-charge, and daily energy-throughput. The cost of battery degradation as a function of these control variables is then estimated assuming two possible maintenance strategies: replacement, where the entire battery system is replaced if cell reach an end-of-life capacity threshold; and augmentation, which establishes a fund to pay for continual purchase of new batteries to maintain the initial energy capacity of the system. These two strategies offer conservative (for replacement) and optimistic (for augmentation) bounds for total system cost. The degradation cost incurred by these strategies is then used to control battery dispatch decisions, operating the battery in a degradation-aware manner that maximizes battery lifetime while also providing energy when favorable. Because the mixed-integer linear program has perfect foresight of future energy needs, batteries with degradation costs are always operated using 'just-in-time' charging, which is unrealistic, as no energy is left in the storage system to perform other energy services or to serve as emergency back-up power. To combat this, an inequality constraint on the average annual state-of-charge is imposed, and the sensitivity of system cost to average stored energy, e.g., the cost of system resiliency, can be quantified. Analysis of results has several conclusions, for instance, oversizing of battery storage systems is not a cost burden when battery storage is an optimal solution, as any additional battery capacity can simply be utilized to avoid costs of purchasing energy from a utility.

battery↗
DOE OSTI2023

Techno-economic Analysis of CO2 Capture From Pulp/Paper Plants

This poster presentation evaluates the cost of capturing CO2 from a 400,000 air dried tonne (adt)/year pulp production plant, using Shell’s CANSOLV post-combustion capture process. There are five steps in a pulp/paper process: wood preparation, pulping, chemical recovery, bleaching and papermaking. There are three sources of CO2: combustion of waste wood in the wood-preparation step; combustion of black liquor, a product of pulping; and combustion of natural gas coupled with CO2 generated from calcination of limestone in the lime kiln used in chemical recovery. Standalone (pulp only) and integrated (pulp + paper) mills are modeled. The base case results and sensitivity analyses are displayed.

Mantripragada, Hari↗
DOE OSTI2023

Comparative Economic Analysis of Capture, Transport, and Storage from a CO2 Source Perspective in the Central U.S.

This poster, presented at the 2023 FECM/NETL Carbon Management Research Project Review Meeting in Pittsburgh, Pennsylvania, provides an overview of NETL’s Strategic Systems Analysis & Engineering (SSAE) study that evaluated multiple carbon capture and storage (CCS) networks within the Central United States using NETL/SSAE-developed models and resources to better understand the benefits and challenges different CO2 source types face when capturing, transporting, and storing their CO2.

Sheriff, Alana↗
DOE OSTI2022

Techno-Economic Analysis and Optimization for MOF-Based CO2 Capture from NGCC Applications

This poster presents the development of isotherm and contactor models for a tetraamine MOF for CO2 capture from NGCC flue gas sources. It presents results for development of an isotherm model for a tetraamine MOF, validation of a fixed bed model to experimental fixed bed breakthrough data, and optimization of a fixed bed TSA process and moving bed TSA process for CO2 capture from a NGCC flue gas source.

Matuszewski, Michael↗
DOE OSTI2022

Techno-Economic Analysis and Optimization of Integrated NGCC-MEA System at High CO2 Capture Levels

This poster contains preliminary results for an ongoing analysis of modeling and optimization of an NGCC plant with a solvent-based CO2 capture system with high levels of CO2 capture – up to and beyond net-zero emissions. The work was performed to understand the incremental cost of high capture in order to compare with direct-air capture and other net-negative technologies, as well as to understand optimal operation and design of the CCS unit to achieve high capture with minimal increase in cost.

Deshpande, Anuja↗
DOE OSTI2023

IEA PVPS Task 13 Techno-Economic Study of Bifacial Photovoltaic Systems on Single Axis Trackers

The International Energy Agency PVPS Task 13 has assembled an international team of photovoltaic (PV) researchers from government labs, academia, and industry to study the specific application of bifacial PV modules deployed on tracking systems. This configuration is of particular interest as it has been identified as the PV system design with the lowest Levelized Cost of Electricity (LCOE) for over 90% of the world [1]. As such, much research, development, and commercial activity are focused on further optimizing this system design for different regions and markets, including field deployment and advanced modeling activities. Despite these efforts, many challenges remain to overcome with this system design. This conference paper will report on several areas the team is working on as part of this project. The first part of this study focuses on extensive interviews with PV tracker companies (we have identified 35) and customers worldwide to identify emerging technology trends, design diversity, market environments, and the reliability and performance of these systems. We will provide a market summary of technologies such as advanced tracking algorithms, methods for dealing with topography within the PV plant, different system configurations and layouts, backside irradiance optimization from albedo enhancement, and ground sculpting. We will also review dual-use applications of tracked bifacial systems, such as Agrivoltaics and Building-Integrated PV. These interviews are underway now, and we will be able to report our initial findings at the conference. The second part of the study focuses on summarizing performance monitoring and evaluation methods, with particular attention to capacity and acceptance testing for such systems. The third part of the study reviews performance modeling and yield assessment methods for these tracked bifacial PV systems. The final part of the study covers reliability and operations, and maintenance data from these systems.

albedo↗