COST-EFFECTIVENESS MODEL DEVELOPMENT FOR ENERGY STORAGE DEVICES IN RAPID TRANSIT SYSTEMS

The purpose of this study was to develop a cost-effectiveness model which could assess the return on investment (ROI) obtained when energy storage devices or regenerative substations are applied to real transit properties with regenerating trains. The storage devices can either be flywheels or batteries and can be placed off-board or on-board. To complete development of this model, an analysis of the range of capital and operating costs for various energy storage systems was conducted. The model takes into account the initial cost of the system, savings per year, costs incurred, energy and inflation escalators, and the life of the asset. This report provides user and programmer instructions, including input data formats, program computation methods, program output descriptions and examples, and a description of the costs and methodology employed. The conclusions reached as a result of this study are that: (1) of the five energy storage systems studied, all are technologically feasible and the technology exists today to implement any of these systems immediately and (2) with advances in technology, new energy storage systems may be developed and they should be analyzed in the same manner as these systems were, including an ROI analysis using the computer model developed in this study.

• Corporate Authors:

  Carnegie Mellon Research Institute

  Rail Systems Center, 700 Technology Drive, P.O. Box 2950
  Pittsburgh, PA  United States  15230-2950

  Urban Mass Transportation Administration

  400 7th Street, SW
  Washington, DC  United States  20590
• Authors:
  • Sunstein, DIL
  • Uher, R A
• Publication Date: 1980-9

Media Info

• Pagination: 99 p.

Subject/Index Terms

• TRT Terms: Computer programs; Cost effectiveness; Costs; Electric batteries; Energy storage systems; Flywheels; Kinetic energy; Mathematical models; Rapid transit; Return on investment
• Old TRIS Terms: Capitalized costs; Rapid transit railways
• Subject Areas: Energy; Finance; Public Transportation;

Filing Info

• Accession Number: 00346015
• Record Type: Publication
• Source Agency: National Technical Information Service
• Report/Paper Numbers: CMURSC-001-80 Final Rpt., UMTA-PA-06-0059-81-1
• Contract Numbers: DOT-OS-60129
• Files: NTIS, TRIS, USDOT
• Created Date: Jan 29 1982 12:00AM