Search results for "Capital cost"
showing 6 items of 16 documents
A Generalized Framework for Optimal Sizing of Distributed Energy Resources in Micro-Grids Using an Indicator-Based Swarm Approach
2014
In this paper, a generalized double-shell framework for the optimal design of systems managed optimally according to different criteria is developed. Optimal design is traditionally carried out by means of minimum capital and management cost formulations and does not typically consider optimized operation. In this paper, the optimized multiobjective management is explicitly considered into the design formulation. The quality of each design solution is indeed defined by the evaluation of operational costs and capital costs. Besides, the assessment of the operational costs term is deduced by means of the solution of a multiobjective optimization problem. Each design solution is evaluated usin…
A double-shell design approach for multiobjective optimal design of microgrids
2010
This work develops a new double shell approach to optimal design for multi-objective optimally managed systems. The cost of each design solution can be defined by the evaluation of operational issues and capital costs. In most systems, the correct definition of operational issues can be deduced by means of the solution of a multi-objective optimization problem. The evaluation of each design solution must thus be deduced using the outcome of a multi-objective optimization run, namely a Pareto hyper-surface in the n-dimensional space of operational objectives. In the literature, the design problem is usually solved by considering a single objective formulation of the operational issue. In thi…
Bringing strategy back into financial systems of performance measurement: integrating EVA and PBC
2012
This paper proposes a performance and cost measurement system that integrates the Economic Value Added criteria (EVA) with Process Based Costing (PBC). The EVA-PBC methodology allows us to implement the EVA management logic non only at the firm level, but also at lower levels of the organization. We discuss the role of EVA-PBC methodology in bringing strategy back into financial performance measures.
Quantifying the Potential Economic Benefits of Flexible Industrial Demand in the European Power System
2018
The envisaged decarbonization of the European power system introduces complex techno-economic challenges to its operation and development. Demand flexibility can significantly contribute in addressing these challenges and enable a cost-effective transition to the low-carbon future. Although extensive previous work has analyzed the impacts of residential and commercial demand flexibility, the respective potential of the industrial sector has not yet been thoroughly investigated despite its large size. This paper presents a novel, whole-system modeling framework to comprehensively quantify the potential economic benefits of flexible industrial demand (FID) for the European power system. This …
The Impact of CSR/ESG Reporting on the Cost of Capital: An Example of US Healthcare Entities
2021
PURPOSE: Identifying the direction and strength of the relationship between individual elements of ESG and ESG as a whole and the cost of capital (weighted average, equity, and debt) in the healthcare industry.
Correlations for estimating the specific capital cost of multi-effect distillation plants considering the main design trends and operating conditions
2018
Abstract This work proposes a correlation for the specific capital cost of multi-effect distillation (MED) plants, considering their main design options and parameters, such as the number of effects, size/capacity, and heat source temperature. These parameters are varied within a large range to cover as many different cases as possible. The cost correlation decouples the evaporator cost and includes in the expression the ratio of the heat exchanger area to a reference one. This area is calculated using a validated MED numerical model, with the results then processed to produce fitted expressions. Two versions of this correlation with different levels of complexity are proposed, which provid…