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Empirical analysis of the spot market implications ofprice-elastic demand

Description: Regardless of the form of restructuring, deregulated electricity industries share one common feature: the absence of any significant, rapid demand-side response to the wholesale (or, spotmarket) price. For a variety of reasons, electricity industries continue to charge most consumers an average cost based on regulated retail tariff from the era of vertical integration, even as the retailers themselves are forced to purchase electricity at volatile wholesale prices set in open markets. This results in considerable price risk for retailers, who are sometimes forbidden by regulators from signing hedging contracts. More importantly, because end-users do not perceive real-time (or even hourly or daily) fluctuations in the wholesale price of electricity, they have no incentive to adjust their consumption in response to price signals. Consequently, demand for electricity is highly inelastic, and electricity generation resources can be stretched to the point where system stability is threatened. This, then, facilitates many other problems associated with electricity markets, such as market power and price volatility. Indeed, economic theory suggests that even modestly price-responsive demand can remove the stress on generation resources and decrease spot prices. To test this theory, we use actual generator bid data from the New York control area to construct supply stacks, and intersect them with demand curves of various slopes to approximate different levels of demand elasticity. We then estimate the potential impact of real-time pricing on the equilibrium spot price and quantity. These results indicate the immediate benefits that could be derived from a more price-elastic demand. Such analysis can provide policymakers with a measure of how effective price-elastic demand can potentially reduce prices and maintain consumption within the capability of generation resources.
Date: July 8, 2004
Creator: Siddiqui, Afzal S.; Bartholomew, Emily S. & Marnay, Chris
Partner: UNT Libraries Government Documents Department

Geomechanics of bedded salt

Description: Creep data from the literature search is reinterpreted by SGI, resulting in a better understanding of the temperature and stress state dependence of the octahedral creep rate and the octahedral shear strength. The concept of a transition strength between the elastic and the plastic states is in agreement with the data. The elastic and rheological properties of salt are described, and a set of constitutive equations is presented. The dependence of material properties on parameters such as temperature is considered. Findings on the permeability of salt are summarized, and the in-situ behavior of openings in bedded salt is described based on extensive engineering experience. A stress measuring system utilizing a finite element computer code is discussed. Geological factors affecting the stability of salt openings are considered, and the Stress Control Technique for designing stable openings in bedded salt formations is explained.
Date: June 8, 1979
Creator: Serata, S. & Milnor, S.W.
Partner: UNT Libraries Government Documents Department

Probing the Conformational Distributions of Sub-Persistence Length DNA

Description: We have measured the bending elasticity of short double-stranded DNA (dsDNA) chains through small-angle X-ray scattering from solutions of dsDNA-linked dimers of gold nanoparticles. This method, which does not require exertion of external forces or binding to a substrate, reports on the equilibrium distribution of bending fluctuations, not just an average value (as in ensemble FRET) or an extreme value (as in cyclization), and in principle provides a more robust data set for assessing the suitability of theoretical models. Our experimental results for dsDNA comprising 42-94 basepairs (bp) are consistent with a simple worm-like chain model of dsDNA elasticity, whose behavior we have determined from Monte Carlo simulations that explicitly represent nanoparticles and their alkane tethers. A persistence length of 50 nm (150 bp) gave a favorable comparison, consistent with the results of single-molecule force-extension experiments on much longer dsDNA chains, but in contrast to recent suggestions of enhanced flexibility at these length scales.
Date: June 8, 2009
Creator: Mastroianni, Alexander; Sivak, David; Geissler, Phillip & Alivisatos, Paul
Partner: UNT Libraries Government Documents Department

Effective Medium Theories for Multicomponent Poroelastic Composites

Description: In Biot's theory of poroelasticity, elastic materials contain connected voids or pores and these pores may be filled with fluids under pressure. The fluid pressure then couples to the mechanical effects of stress or strain applied externally to the solid matrix. Eshelby's formula for the response of a single ellipsoidal elastic inclusion in an elastic whole space to a strain imposed at a distant boundary is a very well-known and important result in elasticity. Having a rigorous generalization of Eshelby's results valid for poroelasticity means that the hard part of Eshelby's work (in computing the elliptic integrals needed to evaluate the fourth-rank tensors for inclusions shaped like spheres, oblate and prolate spheroids, needles and disks) can be carried over from elasticity to poroelasticity--and also thermoelasticity--with only relatively minor modifications. Effective medium theories for poroelastic composites such as rocks can then be formulated easily by analogy to well-established methods used for elastic composites. An identity analogous to Eshelby's classic result has been derived [Physical Review Letters 79:1142-1145 (1997)] for use in these more complex and more realistic problems in rock mechanics analysis. Descriptions of the application of this result as the starting point for new methods of estimation are presented, including generalizations of the coherent potential approximation (CPA), differential effective medium (DEM) theory, and two explicit schemes. Results are presented for estimating drained shear and bulk modulus, the Biot-Willis parameter, and Skempton's coefficient. Three of the methods considered appear to be quite reliable estimators, while one of the explicit schemes is found to have some undesirable characteristics.
Date: February 8, 2005
Creator: Berryman, J G
Partner: UNT Libraries Government Documents Department

Thermo-Mechanical Response of a TRISO Fuel Particle in a Fusion/Fission Engine for Incineration of Weapons Grade Plutonium

Description: The Laser Inertial Fusion-based (LIFE) engine is an advanced energy concept under development at Lawrence Livermore National Laboratory (LLNL). LIFE engine could be used to drive a subcritical fission blanket with fertile or fissile fuel. Current LIFE engine designs envisages fuel in pebble bed form with TRISO (tristructural isotropic) particles embedded in a graphite matrix, and pebbles flowing in molten salt Flibe (2LiF+BeF{sub 2}) coolant at T {approx} 700C. Weapons-grade plutonium (WGPu) fuel is an attractive option for LIFE engine involving the achievement of high fractional burnups in a short lifetime frame. However, WGPu LIFE engine operating conditions of high neutron fast fluence, high radiation damage, and high Helium and Hydrogen production pose severe challenges for typical TRISO particles. The thermo-mechanical fuel performance code HUPPCO (High burn-Up fuel Pebble Performance COde) currently under development accounts for spatial and time dependence of the material elastic properties, temperature, and irradiation swelling and creep mechanisms. In this work, some aspects of the thermo-mechanical response of TRISO particles used for incineration of weapons grade fuel in LIFE engine are analyzed. Preliminary results show the importance of developing reliable high-fidelity models of the performance of these new fuel designs and the need of new experimental data relevant to WGPu LIFE conditions.
Date: December 8, 2009
Creator: Caro, M; DeMange, P; Marian, J & Caro, A
Partner: UNT Libraries Government Documents Department

Properties of unirradiated fuel element graphites H-451 and SO818. [Bulk density, tensile properties, thermal expansion, thermal conductivity]

Description: Nuclear graphites H-451, lot 440 (Great Lakes Carbon Corporation (GLCC)), and SO818 (Airco Speer Division, Air Reduction Corporation (AS)) are described, and physical, mechanical, and chemical property data are presented for the graphites in the unirradiated state. A summary of the mean values of the property data and of data on TS-1240 and H-451, lot 426, is tabulated. A direct comparison of H-451, lot 426, chosen for Fort St. Vrain (FSV) fuel reload production, TS-1240, and SO818 may be made from the table. (auth)
Date: October 8, 1976
Creator: Engle, G. B. & Johnson, W. R.
Partner: UNT Libraries Government Documents Department