Evaluating Water Projects : Cost-Benefit Analysis Versus Win-Win Approach

by Per-Olov Johansson, Bengt Kriström

Should more water be diverted to or from electricity generation? This timely question is addressed in this short volume. Two different approaches are introduced and compared: The first is a cost-benefit analysis, examining the case of re-regulating a Swedish hydropower plant in which water is diverted from electricity generation to the downstream dryway. The proposed scenario generates environmental and other benefits, but comes at a cost in terms of lost electricity. The second study introduces an approach very different from the one used in conventional cost-benefit analysis, and provides a set of measures designed so that most, if not all, affected parties will be better off. Thus, in contrast to a conventional cost-benefit analysis, which draws on hypothetical compensation measures, the new approach envisages actual compensation. Comparing two different theoretical frameworks on the basis of a real-world case, this study can be seen as a manual that can be used to evaluate reasonably small re-regulation of rivers

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Year of publication:	2013
Authors:	Johansson, Per-Olov
Other Persons:	Kriström, Bengt (contributor)
Publisher:	Berlin : Springer
Subject:	Wasserbau \| Hydraulic engineering \| Wasserkraftwerk \| Hydropower plant \| Fluss \| River \| Kosten-Nutzen-Analyse \| Cost-benefit analysis \| Kompensationsmaßnahme \| Compensation measures \| Theorie \| Theory \| Schweden \| Sweden \| Wassernutzung \| Elektrizitätserzeugung \| Interessenausgleich \| Allgemeines Gleichgewichtsmodell
Description of contents:	Preface -- 1 Introduction -- 2 The Dönje Hydropower Scenario.- 3 The -2,+1 Hydropower Scenario -- 4 A Brief Comparison of the Approaches and an Outlook -- References -- Appendices -- Index Description [swbplus.bsz-bw.de]

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Extent:	Online-Ressource (VIII, 67 p. 11 illus., 2 illus. in color, digital)
Series:	SpringerBriefs in Economics SpringerLink / Bücher
Type of publication:	Book / Working Paper
Language:	English
Notes:	Includes bibliographical references and index Evaluating Water Projects; Preface; Contents; 1 Introduction; 1.1 The Ljusnan River and the Two Proposals at a Glance; 1.1.1 The Dönje Hydropower Proposal; 1.1.2 The -2,+1 Hydropower Proposal; 1.2 Structure of the Brief; References; 2 The Dönje Hydropower Scenario; 2.1 The Basic Cost-Benefit Rule; 2.2 The Impact of Changed Water Flow at the Hydropower Plant; 2.3 Contingent Valuation Study of Improved Downstream River Basin; 2.4 The Cost of Electricity Foregone; 2.5 Pollution Externalities of Replacement Power; 2.6 Social Discount Rate; 2.7 Results; 2.8 Sensitivity Analysis 2.8.1 Demand Changes2.8.2 A Stochastic Sensitivity Analysis Based on Simulation Techniques; References; 3 The -2,+1 Hydropower Scenario; 3.1 A Sketch of the Theory Behind the Approach; 3.2 Background; 3.3 The Proposal and its Main Consequences; 3.4 Web Survey; 3.5 A Sum-Up of the Proposal's Impact; References; 4 A Brief Comparison of the Approaches and an Outlook; References; Appendix A: A Simple General Equilibrium Cost-Benefit Rule; 3; Appendix B: On a Win-Win Situation and the (Strong) Pareto Criterion; 5; Appendix C: The Questionnaires; References; Index
ISBN:	978-3-642-36790-8 ; 978-3-642-36789-2
Other identifiers:	10.1007/978-3-642-36790-8 [DOI]
Classification:	Wasserbau
Source:	ECONIS - Online Catalogue of the ZBW

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