scholarly journals Developing Novel Technologies and Services for Intelligent Low Voltage Electricity Grids: Cost–Benefit Analysis and Policy Implications

Energies ◽  
2021 ◽  
Vol 15 (1) ◽  
pp. 94
Author(s):  
Alemu Moges Belay ◽  
Sanket Puranik ◽  
Ramon Gallart-Fernández ◽  
Heidi Tuiskula ◽  
Joaquim Melendez ◽  
...  
Keyword(s):  
Energy Policy ◽  
Low Voltage ◽  
Cost Benefit Analysis ◽  
Real Life ◽  
Cost Benefit ◽  
Economic Benefits ◽  
Policy Implications ◽  
Economic Viability ◽  
Benefit Analysis ◽  
The Eu

The paper presents a set of prototype smart grid technologies and services and validates the economic viability of the proposed solution using cost–benefit analysis (CBA). The study considered the EU-funded project called RESOLVD and implemented the technologies and services in a real-life pilot. the technologies and services on the EU-funded H2020. The paper focuses on the analysis of technological solutions which enhance the operational efficiency and the hosting capacity of low-voltage electricity distribution grids. The solutions provided better integration of a hybrid battery storage system, with the grid interfacing power electronics, smart gateways for the interconnection of assets at the grid edge, and sensors enhancing infrastructure observability and control. The result from the CBA indicates the economic viability of the project, high scalability, and replicability. The economic benefits were realized with the breakeven value of eight secondary substations (SS) and 16 feeders. The scenario test on the DSO’s willingness to pay for the software as a service (SaaS) revealed that the payback period can further be reduced by almost half with a higher internal rate of return (IRR) and net present value (NPV). Both the CBA and scenario tests showed RESOLVD solution can become more economically viable when deployed in largescale. Moreover, the CBA results provide evidence to the energy policy by allowing DSOs to consider both CAPEX and OPEX for better investment decisions. Further, the paper proposes an alternative business approach that shifts from grid reinforcement to service provision. The paper also discusses the research implications on energy policy and business.

The Practical Issues and Policy Implications of Regulatory Cost-Benefit Analysis Through Case Studies

2020 ◽  
Vol 29 (2) ◽  
pp. 59-89
Author(s):  
Saungah Sau ◽  
Insun Lim ◽  
Sohyun Woo ◽  
Moonsun Kang ◽  
Ssangeun Jo ◽  
...  
Keyword(s):  
Case Studies ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Policy Implications ◽  
Benefit Analysis ◽  
Regulatory Cost

Age 21 Cost-Benefit Analysis of the Title I Chicago Child-Parent Centers

2002 ◽  
Vol 24 (4) ◽  
pp. 267-303 ◽  
Author(s):  
Arthur J. Reynolds ◽  
Judy A. Temple ◽  
Dylan L. Robertson ◽  
Emily A. Mann
Keyword(s):  
Title I ◽  
Remedial Education ◽  
Program Effectiveness ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Well Being ◽  
Economic Benefits ◽  
School Age ◽  
Program Participation ◽  
Benefit Analysis

We conducted the first cost-benefit analysis of a federally financed, comprehensive early childhood program. The Title I Chicago Child-Parent Centers are located in public schools and provide educational and family support services to low-income children from ages 3 to 9. Using data from a cohort of 1,539 program and comparison-group children born in 1980 who participate in the Chicago Longitudinal Study, measures of program participation were significantly associated with greater school achievement, higher rates of high school completion, and with significantly lower rates of remedial education services, juvenile delinquency, and child maltreatment. Economic analyses indicated that the measured and projected economic benefits of preschool participation, school-age participation, and extended program participation exceeded costs. In present-value 1998 dollars, the preschool program provided a return to society of $7.14 per dollar invested by increasing economic well-being and tax revenues, and by reducing public expenditures for remedial education, criminal justice treatment, and crime victims. The extended intervention program (4 to 6 years of participation) provided a return to society of $6.11 per dollar invested while the school-age program yielded a return of $1.66 per dollar invested. Findings demonstrate that an established public program can provide benefits that far exceed costs. Key elements of CPC program effectiveness include an instructional focus on literacy, opportunities for intensive parent involvement, and implementation by well-trained staff within a single administrative system.

scholarly journals Representation through the eyes of the voter: a cost-benefit analysis of European integration

2016 ◽  
Vol 46 (2) ◽  
pp. 175-197
Author(s):  
Gabriela Borz
Keyword(s):  
Political Parties ◽  
European Integration ◽  
Cost Benefit Analysis ◽  
Perfect Match ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
High Drive ◽  
European Parliament Elections ◽  
The Eu

This article explains variation in the quality of representation in the context of European Parliament elections. Specifically, it clarifies how voters relate to political parties on the issue of European integration and whether they are represented, misrepresented, or indifferent to this issue. The analysis shows that perceived benefits of European integration do drive a perfect voter-party match while perceived costs, when high, drive a perfect match between Eurosceptic voters and likeminded parties and make voters less indifferent. The analysis draws attention to the high number ofstatus quovoters who, in the absence of a party with similar views, could channel their vote towards a party promoting integration, but only if their knowledge about the EU and its benefits increases.

scholarly journals Application and importance of cost-benefit analysis in energy efficiency projects implemented in public buildings: The case of Serbia

2012 ◽  
Vol 16 (3) ◽  
pp. 915-929 ◽  
Author(s):  
Marko Mihic ◽  
Dejan Petrovic ◽  
Aleksandar Vuckovic ◽  
Vladimir Obradovic ◽  
Dejan Djurovic
Keyword(s):  
Energy Efficiency ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Economic Benefits ◽  
Financial Resources ◽  
Benefit Analysis ◽  
Public Buildings ◽  
Practical Test ◽  
Effectiveness And Efficiency

The main objective of this paper is to present the advantages of using Cost-Benefit analysis in energy efficiency projects implemented in public buildings, and to prove the hypothesis that Cost-Benefit analysis boosts the effectiveness and efficiency of the said type of projects. The paper offers theoretical and practical explanation of the implementation of Cost-Benefit analysis in the relevant area. Since energy efficiency projects in public buildings usually represent a part of a broader portfolio of similar projects and their implementation demands allocation of substantial financial resources, communities are often be interested in achieving maximal economic and non-economic benefits. This paper aims to demonstrate that Cost-Benefit analysis can represent an excellent contribution when attempting to select the projects for implementation within a broader portfolio of energy efficiency projects in public buildings. This hypothesis was demonstrated by putting a greater emphasis on non-economic benefits and the costs arising from implementation of the aforementioned types of projects. In addition, a practical test of this hypothesis was performed through the implementation of an energy efficiency portfolio in public buildings, worth several tens of millions of dollars - the Serbian Energy Efficiency Project. The paper concludes that the use of Cost-Benefit analysis can help us to effectively evaluate and manage projects of this type aimed at achieving maximum benefits for the community in question.

scholarly journals Can we improve academic performance and student satisfaction without additional time cost for teachers? Evidence from a blended methodology in Microeconomics

2019 ◽  
Vol 6 (2) ◽  
pp. 54
Author(s):  
Anett Erdmann ◽  
Alfonso Jesús Torres Marín
Keyword(s):  
Student Satisfaction ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Economic Benefits ◽  
Study Time ◽  
Time Cost ◽  
Benefit Analysis ◽  
Additional Time ◽  
Learning Platform ◽  
The Impact

<p><strong>Purpose</strong>: The main goal of this paper is to determine if the use of a blended methodology can improve performance and satisfaction of the students, with no additional time cost for teachers. As a second objective, the article attempts to explain observed differences across students in the effect of the methodology on study time based on the theory of optimal decision making. Finally, we sketch a simple cost benefit analysis for the digital learning platform (DLP) used.</p><p><strong>Design</strong>: The teachers combined the traditional classes methodology with the adoption of a DLP in two courses of Microeconomics at an undergraduate level at ESIC Business &amp; Marketing School. Subsequently it is analyzed the impact of this methodology on student satisfaction and performance, as well as on student’s study time using different analytical tools.</p><p><strong>Findings:</strong>  students’ grades, at the final exam, increased in a significative way as they spent more time with the DLP and/or when they do more digital assignments at home. Their satisfaction with the blended methodology, and the use of the DLP was quite high for most of students. Their feedback on working time relative to traditional methods showed two extremes, either studying much more or much less. We provide a theoretical explanation for this observation, based on Microeconomic theory.  A cost-benefit analysis of the DLP tool at an institutional level suggests that its economic costs are more than justified by the economic benefits of the tool in terms of student’s satisfaction, brand reputation and teachers time saving.</p><p><strong>Contribution:</strong> This document provides a methodology to measure the benefits of an innovative learning methodology using relevant indicators and employing advanced statistical techniques as regression analysis. It also helps us to understand student’s behavior in the face of an educational innovation based on technology. The findings are in line with economic theory.</p>

scholarly journals Production of Puno and Titicaca quinoa cultivars - cost benefit analysis

2021 ◽  
Vol 26 (5) ◽  
pp. 2953-2963
Author(s):  
SLAĐANA SAVIĆ ◽  
◽  
BORISZ CZEKUS ◽  
ENIKE GREGORIĆ ◽  
SONJA ĐURIČIN ◽  
...  
Keyword(s):  
Management Practices ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Cost Effective ◽  
Economic Benefits ◽  
Climatic Conditions ◽  
Benefit Analysis ◽  
Growing Seasons ◽  
Arid Conditions ◽  
The Republic

The aim of the paper is to test the effect of climatic conditions and management practices on the yield of two quinoa cultivars (Puno and Titicaca) and to analyze the economic benefits of quinoa productivity. The experiments were carried out during the 2017 and 2019 growing seasons in rain-fed conditions on a Serbian farm. The results of the two-year long experiments proved that the growing of the quinoa cultivar Puno and particularly the cultivar Titicaca in the agro-ecological conditions of Serbia would be remarkably successful from the aspect of agronomy (with the obtained average yield of 2.5 t ha-1 ) as well as from the aspect of economy (with the achieved average profit of 9,411 € ha-1 ). The obtained profit values indicate that the quinoa production in the Republic of Serbia would be more cost-effective than the production of the field crops which are already produced, particularly in the increasingly present arid conditions.

scholarly journals The Nature of the Original "Firm": A Coasean Cost-Benefit Analysis of Legalizing Prostitution

2014 ◽  
Vol 21 ◽  
pp. 34
Author(s):  
Malia Dalesandry
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Economic Benefits ◽  
Comprehensive Analysis ◽  
Economic Effects ◽  
Benefit Analysis ◽  
Costs And Benefits ◽  
Economic Costs ◽  
Religious Perspective ◽  
Legal Perspective

Though there have been many studies of prostitution from the legal perspective, the feminist perspective, the societal perspective, and the moral, ethical, and religious perspective, the current breadth of literature does not include a cost-benefit analysis from which to examine its economic effects. This paper attempts a comprehensive analysis of legalizing prostitution while noting deficiencies in data and recognizing variations when interpreting existing data. The most salient monetary costs and benefits are discussed and calculated, and many others are included for the sake of a more developed examination. After a sensitivity analysis and a brief discussion of how Coase’s theorem may be utilized to determine economic efficiency, the conclusion and final recommendation is that, because economic benefits vastly outweigh economic costs, all states could benefit economically from legalizing prostitution.

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