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This case study is based on actual project and consultancy work, balancing real life experience with a review and analysis of empirical and theoretical literature. Tidal stream energy (TSE) is still a nascent technology, but with much better predictability than the classical alternatives of sun...
Persistent link: https://www.econbiz.de/10013200295
Persistent link: https://www.econbiz.de/10014495336
The aim of this paper is to enunciate a new way to estimate levelized cost of electric energy (LCOE), considering emission of greenhouse gases cost, by taking the theoretical cost of avoiding pollution as the emission cost. In this way, it would be comparable LCOE from different sources of...
Persistent link: https://www.econbiz.de/10012158984
The pace of the global decarbonization process is widely believed to hinge on the rate of cost improvements for clean energy technologies, in particular renewable power and energy storage. This paper adopts the classical learning-by-doing framework of Wright (1936), which predicts that cost will...
Persistent link: https://www.econbiz.de/10012590546
The paper presents an economic cost evaluation on the feasibility of offshore wind turbine (OWT) farms development in Nigeria, using a 500 MW OWT farm as an incident study. A developed model was used to evaluate the economic cost of the OWTs at different phases of the project. Additionally, the...
Persistent link: https://www.econbiz.de/10011937671
Levelized cost is a life-cycle cost measure that aggregates investment expenditures and operating costs into a unit cost figure. So far, most applications of this concept have originated in relation to energy technologies. This paper describes the role of the levelized cost concept in cost...
Persistent link: https://www.econbiz.de/10015331753
We explore intertemporal decision-making in later life by looking at temporal preference heterogeneity among older individuals. Using choice tasks responses from Poland collected as part of the Survey of Health, Ageing, and Retirement in Europe (SHARE), we elicit individual time preferences...
Persistent link: https://www.econbiz.de/10013470406
of a pension fund depend on the return of the fund's assets, then neither the risk-free rate nor the expected return is …
Persistent link: https://www.econbiz.de/10014302513
This paper discusses the interplay between the choice of the discount rate, greenhouse gas mitigation and endogenous technological change. Neglecting the issue of uncertainty it is shown that the green golden rule stock of atmospheric carbon is uniquely determined, but is not affected by...
Persistent link: https://www.econbiz.de/10010316057
Pension accruals are linked to several risks for companies. In this paper we discuss two risk factors, taking pension …
Persistent link: https://www.econbiz.de/10010319260