Discounted cash flow ≈ Discounted cash flow
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Cost of Equity of Coal-Fired Power Generation Projects in Poland: Its Importance for the Management of Decision-Making Process Open
Our knowledge of discount rates plays an important role both in the discounted cash flow decision-making process and in the later phases of a project’s lifetime. It is useful than both for management and cash-flow monitoring purposes at op…
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A Review of the Impact of Green Building Certification on the Cash Flows and Values of Commercial Properties Open
This study aims to review empirical research concerning the impact of green certificates on property cash flows and values, particularly from professional property investors’ perspective. The study uses discounted cash flows (DCF), a widel…
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Merger motives and target valuation : A survey of evidence from CFOs Open
This study provides insights about the motives for mergers and acquisitions (M&As) as well as divestitures and the practices used to value targets during 1990-2001. The survey evidence shows that the primary motivation for M&As is to achie…
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Risk-Adjusted Discount Rate and Its Components for Onshore Wind Farms at the Feasibility Stage Open
The concept of risk is well known in the energy sector. It is normally recognized when it comes to price and cost forecasting, annual production calculation, or evaluating project lifetime. Nevertheless, it should be pointed out that the q…
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Economic comparison of food protein production with single-cell organisms from lignocellulose side-streams Open
In recent years, the cellular agriculture concept has been proposed as an option to replace livestock proteins. This study presents a conceptual level techno-economic analysis of four concepts where food is produced by microorganisms based…
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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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Office building deep energy retrofit: life cycle cost benefit analyses using cash flow analysis and multiple benefits on project level Open
Deep energy retrofit (DER) of the existing building stock is a meaningful strategy to reduce fossil fuel consumption and CO2 emissions. However, the investment volumes required to undertake DER are enormous. In Europe, cumulative demand fo…
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A Concession Period and Price Determination Model for PPP Projects: Based on Real Options and Risk Allocation Open
Concession period of PPP (Public–Private Partnership) projects is the most essential feature in determining the time span of various rights, obligations and responsibilities between the government and concessionaire. Most traditional metho…
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The economic viability of photovoltaic systems in public buildings: Evidence from Italy Open
Photovoltaic (PV) systems transform solar irradiation into electricity, thereby substituting for traditional energy sources and reducing environmental pollution. The present work evaluates a developed market (Italy) in which subsidies have…
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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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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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Relative Valuation with Machine Learning Open
We use machine learning for relative valuation and peer firm selection. In out‐of‐sample tests, our machine learning models substantially outperform traditional models in valuation accuracy. This outperformance persists over time and holds…
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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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Monetary valuation of the environmental benefits of green building: A case study of China Open
Reducing negative impacts on the environment is the main benefit of green buildings. However, these benefits are typically evaluated using environmental indicators with different units and implications. Thus, comparisons among different te…
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Economic Feasibility of Semi-Underground Pumped Storage Hydropower Plants in Open-Pit Mines Open
This work aims at the economic evaluation of a semi-underground pumped hydro storage power plant erected in an abandoned open-pit mine. For the exploratory model-based analysis, we develop and apply both a simple deterministic and a stocha…
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Discounted Cash Flow (DCF) as a Measure of Startup Financial Success Open
The purpose of the study is to investigate the characteristics of the discounted cash flow (DCF) as a measure of startup financial success. In general, DCF is found the most popular method in startup valuation followed by the internal rate…
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The Public–Private Partnership for the Enhancement of Unused Public Buildings: An Experimental Model of Economic Feasibility Project Open
This article is part of the debate on the economic evaluation of urban regeneration projects to be implemented through partnership forms between public and private subjects. It illustrates the results of the research activity carried out b…
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A Real Options Approach to Valuate Solar Energy Investment with Public Authority Incentives: The Italian Case Open
Solar energy investment represents currently a valid reason to support sustainable economic development. In fact, over the last few years, governments have applied different measures to incentivize private consumers and firms to use renewa…
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Robotic process automation deployments: a step-by-step method to investment appraisal Open
Purpose Robotic process automation (RPA) has recently emerged as a technology focusing on the automation of repetitive, frequent, voluminous and rule-based tasks. Despite a few practical examples that document successful RPA deployments in…
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Stochastic Open-Pit Mine Production Scheduling: A Case Study of an Iron Deposit Open
Production planning decisions in the mining industry are affected by geological, geometallurgical, economic and operational information. However, the traditional approach to address this problem often relies on simplified models that ignor…
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Benchmarking private equity: The direct alpha method Open
We propose a simple and intuitive measure of the annualized excess return of investments in private equity (PE) funds, as well as in similar vehicles that hold hard-to-values assets. Our 'Direct Alpha' method is well-founded in theory and …
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Perencanaan Dan Analisis Ekonomi Pembangkit Listrik Tenaga Surya (PLTS) Terpusat Untuk Desa Mandiri Open
Solar cell or photovoltaic became one of the renewable energy which has great potential to be applied in Indonesia. Kaliwungu used communal photovoltaic system source of electrical energy., used load data in Kaliwungu to determined the cap…
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Techno-Economic Analysis and Feasibility of Industrial-Scale Activated Carbon Production from Agricultural Pea Waste Using Microwave-Assisted Pyrolysis: A Circular Economy Approach Open
This paper examines a novel approach to activated carbon (AC) production that uses pea waste (PW) and to what extent it is economically competitive with current production methods. Additionally, the outcome is to provide a detailed economi…
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Gas Transition: Renewable Hydrogen’s Future in Eastern Australia’s Energy Networks Open
The energy transition for a net-zero future will require deep decarbonisation that hydrogen is uniquely positioned to facilitate. This technoeconomic study considers renewable hydrogen production, transmission and storage for energy networ…
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Heavy metals removals from wastewater and reuse of the metal loaded adsorbents in various applications: A review Open
Water contamination has intensified over the past years as the world's population and industrial activities have grown. Heavy metals (HMs) are among the environmental contaminants commonly found in water and wastewater. These include Lead,…
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A Discounted Cash Flow and Capital Budgeting Analysis of Silvopastoral Systems in the Amazonas Region of Peru Open
Silvopasture is a type of agroforestry that could deliver ecosystem services and support local livelihoods by integrating trees into pasture-based livestock systems. This study modeled the financial returns from silvopastures, planted fore…
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Effect of Future Price Increase for Products with Expiry Dates and Price-Sensitive Demand under Different Payment Policies Open
The current study works with an inventory management strategy under the discount cash flow approach for perishable commodities with expiry dates, price-sensitive demand, and investment in preservation technology. In addition, this study ex…
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Capital Structure of Public–Private Partnership Projects: A Sustainability Perspective Open
Capital is key to achieve the standardized operation of public–private partnership (PPP) projects. The capital structure of PPP projects stresses the structure of equity and debt funds, which are important for securing life-cycle ample fun…
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Techno-economic analysis of torrefied fuel pellet production from agricultural residue via integrated torrefaction and pelletization process Open
Torrefied pellets have gained more commercial importance due to their excellent performance in combustion, co-firing and gasification. The present investigation provides a conceptual design for torrefied fuel pellets production via combine…
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Simulation Models to Evaluate the Value Creation of the Grass-Roots Participation in the Enhancement of Public Real-Estate Assets with Evidence from Italy Open
In recent years, new forms of enhancement of public real-estate assets have been developed in Italy. These are based on initiatives promoted by a citizenry eager to pursue their cultural, creative, and entrepreneurial activities in unused …