Professor of Economics Tom Drennen recently talked about the Power Systems Life Cycle Analysis Tool (Power LCAT) on WXXI’s show “1370 Connection with Bob Smith.” Drennen and Joel Andruski ’11 developed the Power LCAT, that allows quicker, more versatile analysis of energy production technologies.
The overall goal of the high-level, dynamic model is to help policy makers and interested parties understand the economic and environmental tradeoffs associated with the various options for producing electricity. This was a Department of Energy-funded collaborative effort with researchers at the National Energy Technology Lab in Pittsburgh, Pa., and Sandia National Laboratories, where Drennen is a senior economist.
More information about the Power LCAT is available on the Daily Update.
A member of the HWS faculty since 1995, Drennen earned a B.S. in nuclear engineering from the Massachusetts Institute of Technology, an M.A. in public affairs from the University of Minnesota, and a Ph.D. in resource economics from Cornell University. As a senior economist for Sandia National Laboratories, Drennen developed Alternative Liquid Fuels Simulation (ALTSim) Biofuels Model. The high-level dynamic simulation model measures the effects of alternative fuels including corn ethanol, cellulosic ethanol, soy-based biodiesel, and diesels derived from natural gas and coal. In 2006, he received the Hobart and William Smith Excellence in Teaching Award. Drennen is also the author of a book, “Pathways to a Hydrogen Future,” which seeks to untangle competing visions of a hydrogen economy.