logo

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: 054

calculated to be $39.56 for 5 years (assuming the bulb is purchased at the beginning of each year, and the electricityispaidforattheendofeachyear). Analternativewouldbetopurchaseamoreefficient40- wattfluorescentbulbthatwilllastfor5years. Underthesameusagepatternsasthealternative,the40- watt bulb will require 87.6 kWh per year to operate. Assuming a $15 initial investment and the constant 6 cents per kWh for purchasing the electricity, a TLCC o€$33.95 is calculated. Thus, the net savings, on a TLCC basis, of installing the more efficient 40-watt bulb is $5.61. Revenue Requirements Infroduction Revenue requirements (RRs) are often calculated in regulated industries, such as the electric power markets,forafirm(utility)asawhole. Thediscussionhereisdirectedtowardtherevenuesrequiredto cover the costs associated with a specific project, not a firm. The RR is the total revenue that must be collected from customers to compensate a firm for all expenditures (including taxes) associated with a project. It is actually no different than the before-tax revenue required of the TLCC outlined eadier, The RR economic measure is recommended as an appropriatemeasurewhenevaluatingaregulatedinvestment. Thegeneraldecisionruleforutilitiesisto choose the alternative for which the present value of the multiperiod investment revenue requirement is the lowest (assuming the services provided are identical) (Charles River Associates 1986). Businesses apply the RR method to project costs over an investment’s useful life. Because RR is normally the basis on which regulated investments are defended, it is the recommended measure for evaluating such investments. RR is not recommended for economic evaluation when deciding whether to accept or reject an investment because RR provides no frame of reference for what are acceptable or unacceptable costs and benefits and returns are not addressed. Discussion The formulation of the revenue requirements approach was laid out in the Total Life-Cycle Cost subsection in Section 4 as the before-tax revenues required, or Where: RR=TLCC= 1-(Tx PVDEP)+PVOM(1-T) (1 -T) (4-4) RR = revenue requirements TLCC = total life-cycle cost I = initial investment T = income tax rate PVDEP = present value of depreciation expenses PVOM = present value of operating and maintenance expenses. As was calculated in an example in the Total Life-Cycle Cost subsection, the before-tax required revenue calculated was $16,220. The same result is shown in Table 4-9 on a year-by-year basis. 46

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

a-manual-economic-evaluation-energy-efficiency-and-renewable-054

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 | RSS | AMP