27 results on '"Payback"'
Search Results
2. Replacing Induction Motors without Defined Efficiency Class by IE Class: Example of Energy, Economic, and Environmental Evaluation in 1.5 kW—IE3 Motors.
- Author
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Torrent, Marcel, Blanqué, Balduí, and Monjo, Lluís
- Subjects
NET present value ,ELECTRIC motors ,POWER resources ,PAYBACK periods ,POTENTIAL energy - Abstract
This paper shows the results obtained from the study on the variables that have the greatest influence on the decision to replace three-phase induction motors, without a defined efficiency class and installed in industrial applications, with IE3 efficiency class induction motors. The work has been carried out on motors with a nominal power of 1.5 kW due to the availability of laboratory tests that have allowed us to accurately quantify the selected study variables. According to IEC 60034-30, between 0.75 kW and 4 kW is the greatest potential for energy savings in electric motors installed within the industrial sector. The tests carried out have made it possible to assess different operating conditions of the motor: direct power supply from the grid, electronic power supply using scalar control, and electronic power supply using direct torque control. The study has focused on three aspects: energy evaluation, assessing the savings potential; economic evaluation, based on indicators such as Payback Period and Net Present Value; environmental assessment, quantifying the impact indicators proposed by the Methodology for Ecodesign of Energy-related Products (MEErP). A sensitivity analysis has been carried out to quantify, through ratios, different operating points from those directly analyzed in the article. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
3. On the impossibility of using “the correct” cost–benefit aggregation rule
- Author
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Munda, Giuseppe and Matarazzo, Agata
- Published
- 2020
- Full Text
- View/download PDF
4. AVALIAÇÃO DE VIABILIDADE ECONOMICA-FINANCEIRA EM PROJETOS DE LEAN 6 SIGMA.
- Author
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HENRIQUE NEUMANN, DIEGO and BREDA DE SOUZA, GIULIANO CESAR
- Subjects
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INTERNAL rate of return , *NET present value , *SMALL business , *COST control , *MANUFACTURING processes , *SIX Sigma - Abstract
Front of manufacturing process improvement pursuit and the production costs reduction, the assessment of the projects financial feasibility has an important role in decisionmaking within companies. In this environment the lean six sigma methodology is increasingly strong aid in the development of improvement projects in manufacturing, but after the technical actions defined is necessary to use other methods to economic and financial evaluation in order to verify the cost-benefit from the actions implemented versus the resources needed for its implementation. In this sense this work aims at applying multiple methods of analysis of economic feasibility - among them the techniques of net present value, internal rate of return, payback and cash flow - to assess the implementation of a lean six sigma project in a small business company in the area of São Jose dos Pinhais, PR. [ABSTRACT FROM AUTHOR]
- Published
- 2022
5. Bioeconomic analysis of the production of marine shrimp in greenhouses using the biofloc technology system.
- Author
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de Almeida, Marcos Souza, Carrijo-Mauad, Juliana Rosa, Gimenes, Régio Marcio Toesca, Gaona, Carlos Augusto Prata, Furtado, Plínio Schmidt, Poersch, Luís Henrique, Wasielesky, Wilson, and Fóes, Geraldo Kipper
- Abstract
This study analyzes the investment in Penaeus (Litopenaeus) vannamei shrimp production in greenhouses using the biofloc technology system (BFT). Considering bioeconomic variables, a sensitivity analysis was performed with data collected over the course of 10 years to evaluate program efficiency. The parameters considered include a stocking density of 400 shrimp/m2, which reached a productivity rate of 3.84 kg/m2 (69,120 kg/year—three cycles), a final mean weight of 12 g, and a feed conversion rate of 1.3. The results obtained had a net present value (NPV) of US$ 904,947.21, net future value (NFV) of US$ 2,401,094.35, equivalent annual value (EAV) of US$ 148,861.38, payback (PB) of 2 years and 4 months, discounted payback period (DPP) of 2 years and 10 months, profitability index (PI) of 2.59, internal rate of return (IRR) of 41.23%, and a modified internal rate of return (MIRR) of 21.25%. However, shrimp with a final mean weight of 15 g resulted in an NPV of US$ 2,522,150.62, NFV of US$ 6,692,016.44, EAV of US$ 414,886.98, a PB of 1 year and 2 months, DPP of 1 year and 2 months, PI of 5.43, IRR of 89.13%, and an MIRR of 30.57%. The Monte Carlo simulation (MCS) concluded that the probability of NPV being negative is 0. The analysis confirms that P. vannamei production using the BFT system is a financially sustainable activity. [ABSTRACT FROM AUTHOR]
- Published
- 2021
- Full Text
- View/download PDF
6. ANÁLISE DA VIABILIDADE DE UMA EMPRESA DE MULTIMÍDIA EM LAJEADO/RS: TIR, PAYBACK E VPL.
- Author
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FIORESE, LUCIMARA, SULZBACH, MARCIANE, and MOREIRA DA SILVA, RODRIGO
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INTERNAL rate of return ,NET present value ,EMOTIONS ,QUESTIONNAIRES ,THRUST ,MUSIC stores - Abstract
Copyright of Brazilian Business Law Journal / Administração de Empresas em Revista is the property of Administracao de Empresas em Revista and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2021
7. Impact of Different Economic Performance Metrics on the Perceived Value of Solar Photovoltaics
- Author
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Margolis, R.
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- 2011
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8. ANÁLISE DA VIABILIDADE ECONÔMICA PARA REDUÇÃO DE DESPERDÍCIO E USO DE FONTES RENOVÁVEIS NO MUNICÍPIO DE CASCAVEL.
- Author
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Ming Chia Hsu
- Subjects
PHOTOVOLTAIC power systems ,NET present value ,RENEWABLE energy sources ,ENERGY consumption ,PHOTOVOLTAIC power generation ,LED lamps ,WASTE minimization ,ELECTRIC power conservation - Abstract
Copyright of Revista Competitividade e Sustentabilidade - ComSus is the property of Universidade Estadual do Oeste do Parana and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2020
9. Integrated production of hydrogen and methane in a dairy biorefinery using anaerobic digestion: Scale-up, economic and risk analyses.
- Author
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Almeida, Priscilla de Souza, de Menezes, Camila Aparecida, Augusto, Isabela Mehi Gaspari, Paulinetti, Ana Paula, Lovato, Giovanna, Rodrigues, José Alberto Domingues, and Silva, Edson Luiz
- Subjects
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METHANE as fuel , *ANAEROBIC digestion , *RISK assessment , *HYDROGEN production , *NET present value , *INTERNAL rate of return , *DAIRY farm management - Abstract
Anaerobic digestion has emerged as the most appealing waste management strategy in biorefineries. Particularly, recent studies have highlighted the energy advantages of waste co-digestion in industrial biorefineries and the use of two-stage systems. However, there are some concerns about moving the system from laboratory testing to industrial scale. One of them is the high level of investment that is required. Therefore, this study carried out a techno-economic analysis (scale-up and energy production, economic and risk analysis, and factorial design) to assess the feasibility of single- and two-stage systems in the treatment of cheese whey and glycerin for the production of hydrogen and methane. Scenarios (S1 to S9) considered thermophilic and mesophilic single and two-stage systems with different applied organic loading rates (OLR A). The analyses of scale-up and energy production revealed that S3 (a thermophilic single-stage system operated at high OLR A 17.3 kg-COD.m−3.d−1) and S9 (a thermophilic-mesophilic two-stage system operated at high OLR A 134.8 kg-COD.m−3.d−1 and 20.5 kg-COD.m−3.d−1, respectively) were more compact and required lower initial investment compared to other scenarios. The risk analysis performed by a Monte Carlo simulation showed low investment risks (10 and 11%) for S3 and S9, respectively, being the electricity sales price, the key determining factor to define whether the project in the baseline scenario will result in profit or loss. Lastly, the factorial design revealed that while the net present value (NPV) is positively impacted by rising inflation and electricity sales price, it is negatively impacted by rising capitalization rate. Such assessments assist in making decisions regarding which system can be fully implemented, the best market circumstances for the investment, and how market changes may favorably or unfavorably affect the NPV and the internal rate of return (IRR). [Display omitted] • Two-stage was 14% more compact and would produce 2% more power than single-stage. • Two-stage system would have a total investment cost 4% higher than single-stage. • Two-stage system would have a 1% higher investment risk than single-stage. • The primary factor affecting the risk is the electricity sales price. • The capitalization rate presents a negative effect on the net present value. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
10. Techno-economic and Exergoeconomic Analysis of a micro cogeneration system for a residential use
- Author
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Alvaro Antonio Ochoa, José Carlos Charamba Dutra, Jorge Recarte Henríquez, and Carlos Antonio Cabral dos Santos
- Subjects
net present value ,IRR ,payback ,exergetic costs ,Engineering (General). Civil engineering (General) ,TA1-2040 ,Science (General) ,Q1-390 - Abstract
The aim of the study is to present an economic analysis of a micro cogeneration system using financial analysis (energy view) and exergoeconomic analysis (exergy view). This system uses a natural gas-fueled 30 kW microturbine to generate electricity, and to produce hot water by recovering energy from the waste heat in the exhaust gases by using a heat exchanger, which serves as the drive source of an absorption chiller with a nominal capacity of 35 kW. In the financial analysis economic indicators such as payback, net present value and internal rate of return were used to verify the economic feasibility of this system, while in the exergoeconomic analysis, the Theory of Exergetic Cost was used to determine the exergetic monetary costs. A thermodynamic model was developed on the EES-32 (Engineering Equation Solver) platform. On applying the financial analysis, the results showed that the micro cogeneration system is feasible with positive values of R$ 206,540.00 for NPV, 27% IRR and a 6-year payback. Based on the exergoeconomic analysis, the cogeneration system is also feasible since the monetary cost of the electricity is lower than that charged by the electricity company but this is only possible after the 5th year.
- Published
- 2016
- Full Text
- View/download PDF
11. A simulation model to evaluate the economic consequences of insemination programs in dairy herds: timed artificial insemination and sex-sorted semen
- Author
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Oscar Alejandro Ojeda-Rojas, Angela Maria Gonella-Diaza, Manoel Francisco de Sá Filho, Rubens Nunes, and Augusto Hauber Gameiro
- Subjects
herd management ,internal rate of return ,net present value ,payback ,reproduction performance ,Animal culture ,SF1-1100 - Abstract
ABSTRACT The objective of this study was to develop a simulation model to analyse the technical, economic, and financial performance of using different reproductive strategies in dairy herds. Strategies simulated were: artificial insemination (AI) using conventional semen after oestrus detection (AIC), AI using sex-sorted semen after oestrus detection (AIS), timed artificial insemination (TAI) using conventional semen (TAIC), and TAI using sex-sorted semen (TAIS). The total time horizon analysed corresponded to 25 years, divided into 425 periods of 21 days. The model simulates the biological cycle that takes place within the bovine herd, and uses input information (productive parameters, investments, and reproductive program) to calculate output information (animal inventory variance, incomes, costs, and cash flow analysis). Based on the obtained cash flow, the payback period, net present value, and internal rate of return were calculated. The payback for AIC, AIS, TAIC, and TAIS occurred in 26, 27, 23, and 25 periods. The net present value and the internal rate of return per year of the investment for AIC, AIS, TAIC, and TAIS were US$ 557773 and 59.44%; US$ 520469 and 54.76%; US$ 741800 and 70.22%; and US$ 662891 and 63.52%, respectively. The mean culling rate over 25 years for AIC, AIS, TAIC, and TAIS was 43.30%, 64.89%, 21.12%, and 36.40%, respectively. The simulation clearly demonstrated the economic and technical benefits of using TAI in dairy herds. These benefits are greater when TAI is used with conventional semen, despite the large investment in technology that is required. Using this mathematical model, future studies could be conducted when the assessment of the technical and economic viability of new scenarios is required.
- Published
- 2018
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12. PROPOSTA DE DIMINUIÇÃO DO CONSUMO DE ENERGIA ELÉTRICA E REDUÇÃO DOS IMPACTOS AMBIENTAIS ATRAVÉS DA ANÁLISE DE VIABILIDADE DE SUBSTITUIÇÃO DE LÂMPADAS FLUORESCENTES POR LÂMPADAS LED EM UM SUPERMERCADO
- Author
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Arthur Pereira dos Santos, Victor Rissoli dos Santos, and Elson Mendonça Felici
- Subjects
sustentabilidade ,payback ,eficiência energética ,Net present value ,law.invention ,LED lamp ,Agricultural science ,lcsh:TA1-2040 ,law ,Payback time ,Return on investment ,Automotive Engineering ,Environmental science ,lcsh:Engineering (General). Civil engineering (General) ,lcsh:Science (General) ,lcsh:Q1-390 - Abstract
The present study aimed to present the results that a supermarket obtained in view of the proposal to replace fluorescent lamps with LED lamps. The methodology used was based on the comparison between the types of lamps mentioned with a quantitative approach based on bibliographic, documentary research and observation for data collection, in addition to calculating the feasibility and return on investment through the methods of Net Present Value (NPV), equivalent uniform cost and payback. The results found confirm the feasibility of replacing the lamps with a 15-month paybacktime, causing a monthly savings of R $ 280.00 in the electric bill and a 52.6% reduction in the emission of carbon dioxide indirect compared to fluorescent lamps.
- Published
- 2020
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13. Techno-economic and Exergoeconomic Analysis of a micro cogeneration system for a residential use.
- Author
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Ochoa Villa, Alvaro Antonio, Charamba Dutra, José Carlos, Henríquez Guerrero, Jorge Recarte, and dos Santos, Carlos Antonio Cabral
- Abstract
Copyright of Acta Scientiarum: Technology is the property of Universidade Estadual de Maringa and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2016
- Full Text
- View/download PDF
14. Survey on Available Methods to Evaluate IT Investment.
- Author
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Chaysin, Pornthep, Daengdej, Jirapun, and Tangjitprom, Nopphon
- Subjects
INFORMATION technology industry ,INVESTMENTS ,DECISION making in business ,INTERNAL rate of return ,NET present value - Abstract
Making decisions for Information Technology (IT) investments have become a critical decision in businesses today. IT investments are being seen as a strategic investment for many organizations. However, organizations are also concerned about how IT investment can be translated into dollar returns. In response, earlier literatures had attempted to propose evaluation methods and measurements to justify such investments. Unfortunately, none of these proposed solutions were considered appropriate for IT investment, hence to date, there are still no formal evaluation methods on the measurement of such investments. In view of this, this paper attempts to perform a survey across different evaluation solutions to justify IT investment and seek to further understand the different reasons that may prevent the IT industry from defining a standard evaluation method. [ABSTRACT FROM AUTHOR]
- Published
- 2016
15. Energy balance analysis of the Brazilian alcohol for flex fuel production.
- Author
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Mandaloufas, Melissa, Lamas, Wendell de Queiroz, Brown, Scott, and Irizarry Quintero, Anamari
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BIOENERGETICS , *FINANCIAL risk , *SUGAR industry , *GREENHOUSE gases , *MANUFACTURING processes - Abstract
This work refers to a case study on sugar cane mill from Sao Paulo State, in Brazil. It will be analysed the financial benefit acquired through sugar cane bagasse usage as energy source, studying the transformation of this inlet into electrical power, highlighting the greenhouse gas emissions throughout the manufacturing processes of sugar and alcohol. Also, a relationship between power generated and gases emitted will be established and a financial analysis of the project cash flow through the analysis of net present value (NPV), internal rate of return (IRR), and payback will be done. The high profitability calculated on Santa Candida Mill was evaluated, which becomes even greater when implementing the cogeneration system. This one may also consider the sale of surplus energy and carbon credits as two more products to sell to the plant. [ABSTRACT FROM AUTHOR]
- Published
- 2015
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- View/download PDF
16. Bioeconomic analysis of the production of marine shrimp in greenhouses using the biofloc technology system
- Author
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Wilson Wasielesky, Geraldo Fóes, Carlos Augusto Prata Gaona, Régio Marcio Toesca Gimenes, Plínio Schmidt Furtado, Juliana Rosa Carrijo-Mauad, Marcos Souza de Almeida, Luis H. Poersch, Universidade Federal da Grande Dourados – UFGD, Universidade Estadual Paulista (Unesp), and Universidade Federal do Rio Grande – FURG
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0106 biological sciences ,Discounted payback period ,Litopenaeus ,Aquatic Science ,01 natural sciences ,Feed conversion ratio ,Net present value ,Toxicology ,Production (economics) ,Monte Carlo simulation ,Mathematics ,biology ,Modified internal rate of return ,010604 marine biology & hydrobiology ,Payback ,Internal rate of return ,04 agricultural and veterinary sciences ,biology.organism_classification ,Shrimp ,Biofloc technology ,040102 fisheries ,0401 agriculture, forestry, and fisheries ,Investment analysis ,Agronomy and Crop Science ,Litopenaeus vannamei - Abstract
Made available in DSpace on 2021-06-25T10:52:06Z (GMT). No. of bitstreams: 0 Previous issue date: 2021-04-01 This study analyzes the investment in Penaeus (Litopenaeus) vannamei shrimp production in greenhouses using the biofloc technology system (BFT). Considering bioeconomic variables, a sensitivity analysis was performed with data collected over the course of 10 years to evaluate program efficiency. The parameters considered include a stocking density of 400 shrimp/m2, which reached a productivity rate of 3.84 kg/m2 (69,120 kg/year—three cycles), a final mean weight of 12 g, and a feed conversion rate of 1.3. The results obtained had a net present value (NPV) of US$ 904,947.21, net future value (NFV) of US$ 2,401,094.35, equivalent annual value (EAV) of US$ 148,861.38, payback (PB) of 2 years and 4 months, discounted payback period (DPP) of 2 years and 10 months, profitability index (PI) of 2.59, internal rate of return (IRR) of 41.23%, and a modified internal rate of return (MIRR) of 21.25%. However, shrimp with a final mean weight of 15 g resulted in an NPV of US$ 2,522,150.62, NFV of US$ 6,692,016.44, EAV of US$ 414,886.98, a PB of 1 year and 2 months, DPP of 1 year and 2 months, PI of 5.43, IRR of 89.13%, and an MIRR of 30.57%. The Monte Carlo simulation (MCS) concluded that the probability of NPV being negative is 0. The analysis confirms that P. vannamei production using the BFT system is a financially sustainable activity. Núcleo de Pesquisas em Administração Contabilidade e Economia (NUPACE) Faculdade de Administração Ciências Contábeis e Economia Programa de Pós-graduação em Agronegócios Universidade Federal da Grande Dourados – UFGD, Mailbox 364 Universidade Estadual Paulista – UNESP Campus Experimental de Registro, Av. Nelson Brihi Badur, 430 Estação Marinha de Aquacultura Instituto de Oceanografia Programa de Pós-graduação em Aquicultura Universidade Federal do Rio Grande – FURG, Mailbox 474 Universidade Estadual Paulista – UNESP Campus Experimental de Registro, Av. Nelson Brihi Badur, 430
- Published
- 2021
17. Avaliação da viabilidade econômica e do risco de uma unidade produtiva de pequena escala de produção de feijão no Município de Campo Mourão (PR).
- Author
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Flaviano Silveira, Glauber and Gonçalves Vidigal, Vinícius
- Subjects
- *
FAMILY farms , *FEASIBILITY studies , *NET present value , *INTERNAL rate of return , *PAYBACK periods , *MONTE Carlo method , *BEANS , *HARVESTING , *ECONOMICS - Abstract
Due to the importance of family farming especially in bean cultivation in the state of Paraná, Brazil, current assay evaluates the economic viability and risk of bean production on a family farm in Campo Mourão (northwestern region). Economic viability indicators have been assessed, such as net present rate value (NPR), internal rate of return (IRR) and payback period (PP). Further, sensitivity analysis and risk analysis were carried out with Monte Carlo simulation method. Results indicated the project´s economic viability. Moreover, their viability was more sensitive to revenue components than that of costs. These factors did not warrant significant risk to the project's success. [ABSTRACT FROM AUTHOR]
- Published
- 2014
- Full Text
- View/download PDF
18. Avaliação econômica por projeção financeira de um adensamento de erva-mate
- Author
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Eraldo Antonio Bonfatti Júnior, Kauana Melissa Cunha Dickow, Elaine Cristina Lengowski, and Pablo Machado
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Present value ,TIR ,Agriculture (General) ,Internal rate of return ,General Medicine ,Investment (macroeconomics) ,Net present value ,VPL ,food.food ,Produtos florestais não madeireiros ,payback ,S1-972 ,Agricultural science ,food ,Yerba-mate ,Production (economics) ,Revenue ,Productivity ,Mathematics - Abstract
The exploitation of yerba mate is one of the oldest agricultural activities in the region of Planalto Norte Catarinense, besides the cultural bond represents a source of income and employability for farmers. The present work is aimed at the study of the economic evaluation of a yerba mate densification. The study herd is a random densification in a native plantation, done with the intention of increasing the productivity. Herb productivity was estimated in three harvesting systems: in an annualsystem, in a biennial system (Biennial 1) and in an intercalated system, where each half of the herd is harvested every two years intercalated (Biennial 2). For each collection system, the payback, the revenue/cost ratio, the average cost of production, the net present value (NPV), equivalent annual value (EAV), infinite net present value (NPV∞) and the internal rate of return (IRR) were calculated. After processing all the data, the annual system was clearly the one with the shortest payback of 1.66 years showing that in this system the return on the initial investment will be faster, since it avoids the natural loss of leaves. Theannual harvest system also presented better NPV and higher 76% IRR, demonstrating better economic viability.
- Published
- 2020
19. Techno-Economic Feasibility of a Grid-Connected Hybrid Renewable Energy System for a School in North-West Indonesia
- Author
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Biadelma Illiandi and Abhishek Tiwary
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techno-economic ,business.industry ,school ,Photovoltaic system ,Environmental economics ,Solar energy ,Net present value ,Renewable energy ,payback ,Electricity generation ,HRES ,grid-connected ,Environmental science ,Inverter ,Electricity ,business ,NPC ,Renewable resource - Abstract
The file attached to this record is the author's final peer reviewed version. The Publisher's final version can be found by following the DOI link. open access journal Background: Schools typically have high diurnal fluctuation in electricity demand, with peak loads during daylight hours, which could be adequately met through harnessing solar renewable resources. This study demonstrates the strength of techno-economic assessment in selection and optimization of a grid-connected hybrid renewable energy system (HRES), utilizing local renewable resources to fulfil the daytime electricity demand for a school in northwest Indonesia. Methods: Three different scenarios are developed for optimizing the HRES configurations, comprising of PV panels, Wind turbine, Battery and Inverter. The following optimization parameters are used—one, technological performance of the HRES, in terms of their energy output to fulfil the energy deficit; two, economic performance of the HRES, in terms of their net present cost (NPC) and payback periods. Results: A clear trade-off is noted between the level of complexity of the three HRES, their renewable electricity generation potentials, NPC and payback periods. Scenario II, comprising of Solar PV and Inverter only, is found to be the most feasible and cost-effective HRES, with the optimized configuration of 245 kW PV capacity and 184 kW inverter having the lowest initial capital cost of US$ 51,686 and a payback time of 4 years to meet the school’s annual electricity load of 114,654 kWh. Its NPC is US$ −138,017 at the 20th year of installation. The negative value in year 20 is achieved through the sale of 40% of the renewable energy back to the grid. Conclusions: Techno-economic assessment can provide useful decision support in designing HRES relying on solar energy to serve predominantly daytime school electricity requirements in tropical countries.
- Published
- 2020
20. Probabilistic social cost-benefit analysis for green roofs: A lifecycle approach.
- Author
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Bianchini, Fabricio and Hewage, Kasun
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GREEN roofs ,COST effectiveness ,GREEN technology ,EXTERNALITIES ,PROBABILITY theory ,SERVICE life ,SENSITIVITY analysis ,SUSTAINABLE development - Abstract
Abstract: Green roofs have been used as an environmentally friendly product for many centuries and considered as a sustainable construction practice. Economic and environmental benefits of green roofs are already proven by many researchers. However, a lifecycle net benefit-cost analysis, with the social dimension, is still missing. Sustainable development requires quantitative estimates of the costs and benefits of current green technologies to encourage their use. This paper is based on an extensive literature review in multiple fields and reasonable assumptions for unavailable data. The Net Present Value (NPV) per unit of area of a green roof was assessed by considering the social-cost benefits that green roofs generate over their lifecycle. Two main types of green roofs – i.e. extensive and intensive – were analyzed. Additionally, an experimental extensive green roof, which replaced roof layers with construction and demolition waste (C&D), was assessed. A probabilistic analysis was performed to estimate the personal and social NPV and payback period of green roofs. Additionally, a sensitivity analysis was also conducted. The analysis demonstrated that green roofs are short-term investments in terms of net returns. In general, installing green roofs is a low risk investment. Furthermore, the probability of profits out of this technology is much higher than the potential financial losses. It is evident that the inclusion of social costs and benefits of green roofs improves their value. [Copyright &y& Elsevier]
- Published
- 2012
- Full Text
- View/download PDF
21. Payback without apology.
- Author
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Boyle, Glenn and Guthrie, Graeme
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PAYBACK method ,NET present value ,PROJECT management ,COST analysis ,FINANCIAL management ,MATHEMATICAL models ,BUSINESS planning ,RESEARCH methodology ,ACCOUNTING - Abstract
When interest rates are uncertain, the net-present-value threshold required to justify an irreversible investment is increasing in the length of a project's payback period. Therefore, slow-payback projects should face a higher hurdle than fast-payback projects, just as investment folklore suggests. This result suggests that the widely disparaged use of payback for capital budgeting purposes can be an intuitive response to correctly perceived costs and benefits. [ABSTRACT FROM AUTHOR]
- Published
- 2006
- Full Text
- View/download PDF
22. Techno-economic and Exergoeconomic Analysis of a micro cogeneration system for a residential use
- Author
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Carlos Antonio Cabral dos Santos, A.A.V. Ochoa, Jorge R. Henríquez, and José Carlos Charamba Dutra
- Subjects
Exergy ,net present value ,Engineering ,General Computer Science ,IRR ,020209 energy ,General Mathematics ,General Physics and Astronomy ,02 engineering and technology ,Net present value ,law.invention ,payback ,Cogeneration ,law ,Waste heat ,0202 electrical engineering, electronic engineering, information engineering ,Financial analysis ,lcsh:Science (General) ,Waste management ,business.industry ,exergetic costs ,General Engineering ,Internal rate of return ,Engenharia Mecânica ,General Chemistry ,lcsh:TA1-2040 ,Absorption refrigerator ,General Earth and Planetary Sciences ,Electricity ,business ,lcsh:Engineering (General). Civil engineering (General) ,lcsh:Q1-390 - Abstract
The aim of the study is to present an economic analysis of a micro cogeneration system using financial analysis (energy view) and exergoeconomic analysis (exergy view). This system uses a natural gas -fueled 30 kW microturbine to generate electricity, and to produce hot water by recovering energy from the waste heat in the exhaust gases by using a heat exchanger, which serves as the drive source of an absorption chiller with a nominal capacity of 35 kW. In the financial analysis economic indicators such as payback, net present value and internal rate of return were used to verify the economic feasibility of this system, while in the exergoeconomic analysis, the Theory of Exergetic Cost was used to determine the exergetic monetary costs. A thermodynamic model was developed on the EES-32 (Engineering Equation Solver) platform. On applying the financial analysis, the results showed that the micro cogeneration system is feasible with positive values of R$ 206,540.00 for NPV, 27% IRR and a 6-year payback. Based on the exergoeconomic analysis, the cogeneration system is also feasible since the monetary cost of the electricity is lower than that charged by the electricity company but this is only possible after the 5 th year.
- Published
- 2016
23. A simulation model to evaluate the economic consequences of insemination programs in dairy herds: timed artificial insemination and sex-sorted semen
- Author
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Manoel Francisco de Sá Filho, Oscar Alejandro Ojeda-Rojas, Augusto Hauber Gameiro, Angela Maria Gonella-Diaza, and Rubens Nunes
- Subjects
0301 basic medicine ,net present value ,medicine.medical_treatment ,reproduction performance ,Semen ,Culling ,Biology ,Insemination ,payback ,03 medical and health sciences ,fluids and secretions ,Animal science ,medicine ,Economic consequences ,lcsh:SF1-1100 ,Financial performance ,SÊMEN ANIMAL ,Dairy herds ,Artificial insemination ,0402 animal and dairy science ,04 agricultural and veterinary sciences ,Animal husbandry ,040201 dairy & animal science ,humanities ,030104 developmental biology ,herd management ,Animal Science and Zoology ,internal rate of return ,lcsh:Animal culture ,human activities - Abstract
The objective of this study was to develop a simulation model to analyse the technical, economic, and financial performance of using different reproductive strategies in dairy herds. Strategies simulated were: artificial insemination (AI) using conventional semen after oestrus detection (AIC), AI using sex-sorted semen after oestrus detection (AIS), timed artificial insemination (TAI) using conventional semen (TAIC), and TAI using sex-sorted semen (TAIS). The total time horizon analysed corresponded to 25 years, divided into 425 periods of 21 days. The model simulates the biological cycle that takes place within the bovine herd, and uses input information (productive parameters, investments, and reproductive program) to calculate output information (animal inventory variance, incomes, costs, and cash flow analysis). Based on the obtained cash flow, the payback period, net present value, and internal rate of return were calculated. The payback for AIC, AIS, TAIC, and TAIS occurred in 26, 27, 23, and 25 periods. The net present value and the internal rate of return per year of the investment for AIC, AIS, TAIC, and TAIS were US$ 557773 and 59.44%; US$ 520469 and 54.76%; US$ 741800 and 70.22%; and US$ 662891 and 63.52%, respectively. The mean culling rate over 25 years for AIC, AIS, TAIC, and TAIS was 43.30%, 64.89%, 21.12%, and 36.40%, respectively. The simulation clearly demonstrated the economic and technical benefits of using TAI in dairy herds. These benefits are greater when TAI is used with conventional semen, despite the large investment in technology that is required. Using this mathematical model, future studies could be conducted when the assessment of the technical and economic viability of new scenarios is required.
- Published
- 2018
24. Natural Gaz profitability study for future importing terminal project in Morocco
- Author
-
Mahmoud Akdi, M. B. Sedra, and Firdaous El Ghazi
- Subjects
net present value ,Present value ,TJ807-830 ,natural gaz ,Environmental economics ,Investment (macroeconomics) ,Net present value ,Renewable energy sources ,capex ,payback ,profitability ,discounted cash flow ,Revenue ,Financial modeling ,Profitability index ,Economic impact analysis ,Business ,opex ,General Economics, Econometrics and Finance ,Discounted cash flow - Abstract
In recent years, energy debates are increasingly focused on the energy transition, the Kingdom of Morocco has shown a growing preference for Liquid Natural Gaz (LNG) to ensure energy efficiency. Therefore, Morocco is projecting to invest in its first natural gas for importing and storage capacity by 2030. In tune with developing a terminal site location and an optimum routing alternative for pipeline [1], this article comes as a follow up to establish a profitability study for the same importation terminal. It aims to investigate the financial viability of such a project.The profitability of an investment is generally the most important criterion for the decision-making. Even if the combined ecological and industrial benefits of natural Gaz can sometimes provide enough motivation to invest in importation terminal, a long-term profitability study is a compulsory in such expensive projects, it is systematically pursued to evaluate the economic impact of such an investment decision.After highlighting the multiple benefits of Natural Gaz, the first step is setting up the financial model to be adopted, which is in this case the net present value (NPV) and payback profitability criteria. Therefore, operating and financial assumptions are made based on the benchmark with other similar projects, and finally, the profitability study will allow us to measure the LNG terminal capacity to generate revenue.
- Published
- 2019
- Full Text
- View/download PDF
25. Profitability and sustainability of photovoltaic energy plants in Spain
- Author
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Inmaculada Guaita-Pradas, Bernabé Marí Soucase, and Inmaculada Bartual-San Feliu
- Subjects
Economics and Econometrics ,Natural resource economics ,IRR ,020209 energy ,Internal rate of return ,02 engineering and technology ,010501 environmental sciences ,Development ,7. Clean energy ,01 natural sciences ,Net present value ,Energy policy ,NPV ,Capital budgeting ,Market economy ,Management of Technology and Innovation ,0202 electrical engineering, electronic engineering, information engineering ,Economics ,Profitability ,Business and International Management ,0105 earth and related environmental sciences ,business.industry ,Payback ,Investment (macroeconomics) ,Solar energy investments ,ECONOMIA, SOCIOLOGIA Y POLITICA AGRARIA ,Renewable energy ,Incentive ,13. Climate action ,FISICA APLICADA ,Profitability index ,ECONOMIA FINANCIERA Y CONTABILIDAD ,business ,Finance - Abstract
[EN] This paper reports on capital budgeting analysis to assess investments in renewable energy photovoltaic systems in Spain. Standard profitability indicators such as net present value, payback time and internal rate of return are applied to such investments. Two main issues have been taken into account: the changes taking place in the recent history of energy policies in Spain as well as the evolution of related technologies. Despite variation in incentive policies, we show how both technology and market have been able to overcome the lack of long-term policies, and even nowadays, photovoltaic energy systems can still be regarded as a profitable investment from an economic viewpoint, even in absence of any kind of incentive., This work was supported by the European Commission through a Nano CIS Project (FP7-PEOPLE-2010-IRSES ref. 269279).
- Published
- 2015
26. The analysis of return on investment in education on economic faculties in the Czech Republic
- Author
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Slezáková, Kateřina, Mičúch, Marek, and Mirvald, Michal
- Subjects
vnitřní výnosové procento ,metoda nejmenších čtverců ,ordinary least square ,college education ,internal rate of return ,čistá současná hodnota ,payback ,vysokoškolské vzdělání ,net present value ,mzda ,doba návratnosti - Abstract
The purpose of this bachelor thesis is to prove correlation between wage and school degree. For verification is used regression analysis, ordinary least squares method. Here is approved the possitive correlation between wage and school degree so the next is to calculate return of investment in college education. Student are divided into groups according to the place where they come from. For each of them is calculated costs of the study. For the calculation is used method of the net present value as the internal rate of return and payback period. The results shows that the greatest net present value has studying Charles University in Prague. The payback period of investment in college education is greatest in Prague. This is due to higher earnings in the capital city.
- Published
- 2011
27. As práticas de análise de projectos e os determinantes do investimento em Cabo Verde
- Author
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Semedo, Ivandra Andrêa Lopes and Silva, Jacinto Vidigal da
- Subjects
Investimento empresarial ,República de Cabo Verde ,Projectos de investimento ,Net present value ,Cash flow update ,Payback ,Investiment projects ,Actualização de fluxos de caixa - Published
- 2004
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