Short-lived large energy fluctuations (SLEFs) in solids, proposed by Khait, are known to be responsible for several anomalous properties in a variety of materials. The study of SLEFs in palladium-deuterium and titanium-deuterium lattices via computer experiments is reported. The relevance of these large energy fluctuations in penetrating coulombic barriers in these systems is discussed. Such dynamical effects arising from the phonon bath in solids may enhance nuclear reaction probabilities leading to cold fusion. Expected cold fusion reaction rates are reported taking into account the effective charges of the deuterium atoms in the solid and SLEF frequencies.