Present value ≈ Present value
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On the Path to SunShot. Advancing Concentrating Solar Power Technology, Performance, and Dispatchability Open
This report examines the remaining challenges to achieving the competitive concentrating solar power (CSP) costs and large-scale deployment envisioned under the U.S. Department of Energy's SunShot Initiative. Although CSP costs continue to…
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Pooling the cable: A techno-economic feasibility study of integrating offshore floating photovoltaic solar technology within an offshore wind park Open
In this paper, a techno-economic analysis is performed to assess the feasibility of adding an offshore floating solar farm to an existing Dutch offshore wind farm in the North Sea, under the constraint of a certain fixed cable capacity. Th…
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The climate beta Open
Mitigation reduces the expected future damages from climate change,flbut how does it affect the aggregate risk borne by future generations?flThis raises the question of the ‘climate beta’, i.e., the elasticity of climatefldamages with resp…
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Model of Operation-and-Maintenance Costs for Photovoltaic Systems Open
This article presents a method for calculating costs associated with operation and maintenance (O&M) of photovoltaic (PV) systems. It compiles details regarding the cost and frequency of multiple O&M services to estimate annual O&M costs (…
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Real‐Options Water Supply Planning: Multistage Scenario Trees for Adaptive and Flexible Capacity Expansion Under Probabilistic Climate Change Uncertainty Open
Planning water supply infrastructure includes identifying interventions that cost‐effectively secure an acceptably reliable water supply. Climate change is a source of uncertainty for water supply developments as its impact on source yield…
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Project Net Present Value estimation under uncertainty Open
The paper contains a description of a possible modification of the original Net Present Value which allows one to evaluate projects under uncertainty with unknown probabilities (understood mainly as frequencies). Cash flows are usually unc…
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An Analysis of the Effectiveness of Two Rainwater Harvesting Systems Located in Central Eastern Europe Open
Decentralized water systems are perceived as solutions that not only save water, but also as a way to partially or completely become independent from centralized suppliers. Taking this into account, an analysis of the effectiveness of rain…
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The Profitability of Residential Photovoltaic Systems. A New Scheme of Subsidies Based on the Price of CO2 in a Developed PV Market Open
Photovoltaic (PV) resource drives the clean global economy of the future. Its sustainability is widely confirmed in literature, however some countries present a growth very low in the last years. A new policy proposal is examined in this w…
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Evaluation of Economic Efficiency of Apple Orchard Investments Open
The tree-growing sector is considered to be an important supplier of food and raw material for industry worldwide. Increasingly competitive decisions regarding international investment in orchards depend on business analysis. This study co…
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Does the Net Present Value as a Financial Metric Fit Investment in Green Energy Security? Open
Surprisingly, little is known whether the net present value (NPV) used as a financial metric in budgeting and investment planning to analyse a projects’ profitability is universal. Meanwhile, the epochal green energy revolution ensuring ca…
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A mixed integer programming model to evaluate integrating strategies in the forest value chain — a case study in the Chilean forest industry Open
When a company is integrated vertically, it can manage and plan its overall value chain in one direct and integrated approach. However in many cases, companies follow a decoupled approach where forests and production plants optimize separa…
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Dynamically optimizing the strategic plan of mining complexes under supply uncertainty Open
Mining complexes are comprised of multiple mines and mineral processing streams, each governed by internal (mineral deposit, operation) and external (commodity prices) uncertainties, and must be optimized jointly to manage technical risk a…
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A Model for Selecting the Most Cost-Effective Pressure Control Device for More Sustainable Water Supply Networks Open
Pressure Reducing Valves (PRV) have been widely used as a device to control pressure at nodes in water distribution networks and thus reduce leakages. However, an energy dissipation takes place during PRV operation. Thus, micro-hydropower …
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Cost assessment of alternative fuels for maritime transportation in Ireland Open
In this study, we investigated the cost-effectiveness of four alternatives: Liquified Natural Gas (LNG), methanol, green hydrogen, and green ammonia, for the case of top 20 most frequently calling ships to Irish ports in 2019, through the …
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Net-metering and Feed-in-Tariff policies for the optimum billing scheme for future industrial PV systems in Bangladesh Open
In this paper, the economic sustainability of net billing and feed-in-tariff (all energy buy/sell) method is analyzed in comparison with the current net-metering for the industrial PV systems in Bangladesh. Three billing methods are compar…
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Economic Feasibility of Underground Pumped Storage Hydropower Plants Providing Ancillary Services Open
The electricity generated by some renewable energy sources (RESs) is difficult to forecast; therefore, large-scale energy storage systems (ESSs) are required for balancing supply and demand. Unlike conventional pumped storage hydropower (P…
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A stochastic optimization formulation for the transition from open pit to underground mining Open
As open pit mining of a mineral deposit deepens, the cost of extraction may increase up to a threshold where transitioning to mining through underground methods is more profitable. This paper provides an approach to determine an optimal de…
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Enhancing the Economic Value of Large Investments in Sustainable Drainage Systems (SuDS) through Inclusion of Ecosystems Services Benefits Open
Although Sustainable Drainage Systems (SuDS) are used in cities across the world as effective flood adaptation responses, their economic viability has frequently been questioned. Inclusion of the monetary value of ecosystem services (ES) p…
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Capital budgeting practices in Indian companies Open
The volatility of the global economy, changing business practices, and academic developments have created a need to re-examine Indian corporate capital budgeting practices. Our research is based on a sample of 77 Indian companies listed on…
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Pensions, household saving, and welfare: A dynamic analysis of crowd out Open
This paper specifies a life cycle model of saving and employment and uses it to analyze crowd out of private household saving by public and private pensions. Some parameters of the model are estimated and others are calibrated to match lif…
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Capturing the Impact of Storage and Other Flexible Technologies on Electric System Planning Open
Power systems of the future are likely to require additional flexibility. This has been well studied from an operational perspective, but has been more difficult to incorporate into capacity expansion models (CEMs) that study investment de…
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The Potential of Using Renewable Energy Sources in Poland Taking into Account the Economic and Ecological Conditions Open
The aim of the manuscript was to present the collective results of research on the profitability of using various renewable sources in Poland with the greatest development potential. In the paper, the economic parameters of various investm…
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Economic Conditions for Developing Hydrogen Production Based on Coal Gasification with Carbon Capture and Storage in Poland Open
This study documents the results of economic assessment concerning four variants of coal gasification to hydrogen in a shell reactor. That assessment has been made using discounting methods (NPV: net present value, IRR: internal rate of re…
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Financial Profitability and Sensitivity Analysis of Palm Oil Plantation in Indonesia Open
Oil palm cultivation in Indonesia is increasing. This study investigates the financial and economic aspects of establishing an oil palm plantation using data collected in 2014. The financial case study is undertaken from the perspective of…
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Welfare Consequences of Sustainable Finance Open
We model the welfare consequences of portfolio mandates that restrict investors to hold firms with net-zero carbon emissions.To qualify for these mandates, value-maximizing firms have to accumulate decarbonization capital.Qualification low…
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The Valuation of the Operational Flexibility of the Energy Investment Project Based on a Gas-Fired Power Plant Open
This paper presents an attempt to the valuation of the operational flexibility of the energy investment project based on the example of combined cycle gas turbine (CCGT). For this purpose, the real options approach (ROA), net present value…
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The technical and economic potential for crop based agrivoltaics in the United Kingdom Open
Agrivoltaics combines photovoltaic and agricultural systems to create a synergistic arrangement where land can be utilised more efficiently. The investment cost for the photovoltaic system remains higher for an agrivoltaic system than a tr…
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Economic analysis of a zero-carbon liquefied hydrogen tanker ship Open
The green hydrogen economy is considered one of the sustainable solutions to mitigate climate change. This study provides an economic analysis of a novel liquified hydrogen (LH2) tanker fuelled by hydrogen with a total capacity of ∼280,000…
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A life cycle costing approach for discounting in age and interval replacement optimisation models for civil infrastructure assets Open
Civil infrastructure assets, such as roads, locks, bridges, treatment plants and storm surge barriers, are often characterised by long service lives and corresponding technical life cycles. When life cycles are long, the time value of mone…
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A Through-Life Cost Analysis Model to Support Investment Decision-Making in Concentrated Solar Power Projects Open
This research paper aims to propose a through-life cost analysis model for estimating the profitability of renewable concentrated solar power (CSP) technologies. The financial outputs of the model include net present value (NPV) and benefi…