Technology Cost

The issues of faciUtating options such as energy storage and transmission may prove to be important to the success of wind energy technology. Cost-effective storage coupled to wind systems would yield capacity credit benefits. In addition, because sites are often isolated, the value of wind energy would benefit from transmission/distribution access. 

In the above equation, r can indicate the internal rate of return on an investment. Suppose that an investment in an energy-saving technology cost 100 and reduces energy costs by 20 per year indefinitely. The reduction in costs is comparable to net revenues received. The above equation can be modified as follows I equals R/r, where the values of I and R are specified and the value of r is computed. Hence 100 equals 20/r, and r equals 0.20, or 20 percent. The internal rate of return on the 100 investment is 20 percent per year. An investment is generally profitable when its internal rate of return exceeds the (interest rate) cost of obtaining credit. The investment is attractive when its internal rate of return exceeds the investor s hurdle rate, which may vary depending on the riskiness of the investment, and on the rate that can be earned from alternative uses of the investment funds. 

Three major compliance options for SOj emissions available to utilities using coal-fired boilers are to switch fuels, purchase/sell SO, allowances, or install flue gas desulfurization (FGD) technologies. Costs, availability, and impact on boiler operation must be considered when evaluating switching to low-sulfnr coal or natural gas. As more utilities enter the free market to purchase SO, allowances, prices will rise. Therefore, to minimize costs and, at the same time, meet environmental standards, power producers should continuously monitor the tradeoffs among these three options. 

Availability of technologies Cost None required Cap technology readily available Vapor extraction will need to be developed require pilot testing Vapor extraction and fixation well developed will require pilot testing Incineration and fixation well developed will require pilot testing... 

Technology Cost Data Minimum Median Maximum... 

U.S. EPA, Remediation Technology Cost Compendium—Year 2000, EPA 542-R-01-009, United States Environmental Protection Agency, Washington, DC, September 2001. 

The ASI was organized to provide detailed, advanced, and thought provoking information about possible decontamination approaches, alternative technologies, cost effectiveness, feasibility, with the support of literature data, personal experience of lecturers, and case studies. 

The workshop took place at the Los Alixares Hotel, where 45 lectures were given by prominent members of the scientific community in addition, 49 posters were presented in two very animated sessions. The success of this workshop is due, without doubt, to the excellent tradition initiated at the previous workshops, organised by Prof. R. McWeeny in San Miniato, Pisa (Italy), 1996, and by Prof. S. Wilson in Oxford (United Kingdom), 1997. These workshops create occasions for meetings and discussions on the current state of the art, emerging methods and applications and new trends in this area of science. The three meetings were sponsored and partially supported by the European Union (EU) in the frame of the Cooperation in Science and Technology (COST) chemistry actions. 

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