A Manual for the Economic Evaluation of Energy Efficiency and Renewable Energy Technologies

PDF Publication Title:

A Manual for the Economic Evaluation of Energy Efficiency and Renewable Energy Technologies ( a-manual-economic-evaluation-energy-efficiency-and-renewable )

Previous Page View | Next Page View | Return to Search List

Text from PDF Page: 011

have been required if the cost was paid in the base year (n). Cash flows expressed in current dollars in year m (Fm)can be transformed into constant dollar cash flows in any year n ( F,,)by removing the effect of inflation (e), This formula assumes a constant rate of inflation during the m-n y e a d The base year is defined as the year that the analysis is structured around (see the Time PointsPeriod subsection in Section 2). In the base year, constant and current dollar cash flows are the same, Riscussion It is important to be aware of inflation when conducting an analysis. It may be necessary to convert a slearn of cash flows from current dollars to constant dollars, or vice versa, using an inflation rate index. There are a number of inflation rate indices (e.g., Gross National Product [GNP], Gross Domestic Product [GDP], Consumer Price Index [CPI], and Producer Price Index [PPI]). Appendix A presents tables of historical inflation indices, including GNP, GDP, CPI, and PPL deflators. The CPI, which measures the average change in prices in a "basket"of goods and services and represents pricetrendsattheretaillevel,isprobablythemostwidelyfollowedinflationmeasure. ThenationalCPI is calculated by averaging the price changes of goods included in the basket for 85 separate locations in the nation every month. CPIs are a3so published on a regional, size-class, and cross-classification of region and size-class basis, and for 29 local areas. GNPisthemeasureofoutputsuppliedbyU.S.laborandproperty. AsofDecember1991,thefederal government has switched from GNP to GDP as the primary indicator of national production, primarily because nearly all other countries use GDP instead of GNP. GDP is the measure of the national output of goods and services at market prices, or the measure of output attributable to national located factors of production. Both measures represent economywide price trends. The actual levels of GNP and GDP differ very little, but percentage changes sorne~mesvary. Given the federal change, the availability of GNP measures will become more difficult to obtain, and it is recommended that GDP implicit price deflatorsbeused. TheimplicitpricedeflatoristhemeasureofthedifferencebetweencurrentdollarGDP (or GNP for GNP implicit price deflators) and constant dollar GDP. It is calculated by dividing the currentdollarGDPforaperiodbytheconstantdollarGDPinthesameperiod. Themovementsinthe GNP and GDP implicit price deflators closely track those of the CPI (U.S. Dept. of Commerce 1992). The PPI represents price trends at the wholesale level, based on nearly 3100 commodity price series. Though more erratic, patterns in the PPI normally track and foreshadow movements of the CPI, GNP, and GDP indices. Other inflation indices include the Industrial Materials Prices Index, the Dow Jones Commodity Spot Price Index, and the Futures Price Index. 'If infiation rates vary by year and it is important to account for this variation (i.e., an average annual rate will not suffice) the (1 + e)m-pnortion of the formula would have to be broken down into multiple periods with uniform inflation, i.e., (1 + e)m-nwould be replaced by (1 + el)ml-(n1 + e2)m2-m...'... (1 + er)mr-(m-l).

PDF Image | A Manual for the Economic Evaluation of Energy Efficiency and Renewable Energy Technologies

PDF Search Title:

A Manual for the Economic Evaluation of Energy Efficiency and Renewable Energy Technologies

Original File Name Searched:

5173.pdf

DIY PDF Search: Google It | Yahoo | Bing

NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info

IT XR Project Redstone NFT Available for Sale: NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Be part of the future with this NFT. Can be bought and sold but only one design NFT exists. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info

Infinity Turbine IT XR Project Redstone Design: NFT for sale... NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Includes all rights to this turbine design, including license for Fluid Handling Block I and II for the turbine assembly and housing. The NFT includes the blueprints (cad/cam), revenue streams, and all future development of the IT XR Project Redstone... More Info

Infinity Turbine ROT Radial Outflow Turbine 24 Design and Worldwide Rights: NFT for sale... NFT for the ROT 24 energy turbine. Be part of the future with this NFT. This design can be bought and sold but only one design NFT exists. You may manufacture the unit, or get the revenues from its sale from Infinity Turbine. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info

Infinity Supercritical CO2 10 Liter Extractor Design and Worldwide Rights: The Infinity Supercritical 10L CO2 extractor is for botanical oil extraction, which is rich in terpenes and can produce shelf ready full spectrum oil. With over 5 years of development, this industry leader mature extractor machine has been sold since 2015 and is part of many profitable businesses. The process can also be used for electrowinning, e-waste recycling, and lithium battery recycling, gold mining electronic wastes, precious metals. CO2 can also be used in a reverse fuel cell with nafion to make a gas-to-liquids fuel, such as methanol, ethanol and butanol or ethylene. Supercritical CO2 has also been used for treating nafion to make it more effective catalyst. This NFT is for the purchase of worldwide rights which includes the design. More Info

NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info

Infinity Turbine Products: Special for this month, any plans are $10,000 for complete Cad/Cam blueprints. License is for one build. Try before you buy a production license. May pay by Bitcoin or other Crypto. Products Page... More Info

CONTACT TEL: 608-238-6001 Email: greg@infinityturbine.com (Standard Web Page)