All

What are you looking for?

All
Projects
Results
Organizations

Quick search

  • Projects supported by TA ČR
  • Excellent projects
  • Projects with the highest public support
  • Current projects

Smart search

  • That is how I find a specific +word
  • That is how I leave the -word out of the results
  • “That is how I can find the whole phrase”

Decision making models in energy projects: Impact of OPEX on results of Life Cycle Cost Analysis in feasibility studies

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F22%3A43921700" target="_blank" >RIV/62156489:43110/22:43921700 - isvavai.cz</a>

  • Result on the web

    <a href="https://doi.org/10.52514/sier.v1i2.30" target="_blank" >https://doi.org/10.52514/sier.v1i2.30</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.52514/sier.v1i2.30" target="_blank" >10.52514/sier.v1i2.30</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    Decision making models in energy projects: Impact of OPEX on results of Life Cycle Cost Analysis in feasibility studies

  • Original language description

    Long-term strategic investment decisions are associated with high costs and risks. The decision-makers need a solid foundation to judge the best alternative for an investment project. In every sector of business, strategic decisions are taken. The natural gas industry in Germany has made considerable expenditures in gas infrastructure and will continue in future. A considerable part of the investment goes into compressor capacity. To avoid misallocation of funds the optimal alternative for compressors must be identified. Gas suppliers employ a decision-making methodology based on Life Cycle Cost (LCC) analysis in conjunction with the NPV technique to choose the best compressor option. In feasibility studies, several options are evaluated in this way. In this publication seven feasibility studies have been examined. The goal of these studies is to determine the optimum alternative for an investment project in the natural gas industry. The ranking is determined by the calculated NPVs which is based on relevant input data. The quality of input data and its forecasting have a significant impact on the results and can even change the ranking of the options. This publication examines the question of how reliable the results in the feasibility studies are. First, the model calculations are reproduced and the model verified. In the second step, the applied input data are replaced by real historical input data in the model in order to assess the effects on the calculation of the NPV. Sensitivity analysis is applied on relevant input data. Measures for risk mitigation are proposed.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>ost</sub> - Miscellaneous article in a specialist periodical

  • CEP classification

  • OECD FORD branch

    50204 - Business and management

Result continuities

  • Project

  • Continuities

    I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Others

  • Publication year

    2022

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Name of the periodical

    SCENTIA International Economic Review

  • ISSN

    2748-0089

  • e-ISSN

    2748-0089

  • Volume of the periodical

    1

  • Issue of the periodical within the volume

    2

  • Country of publishing house

    DE - GERMANY

  • Number of pages

    22

  • Pages from-to

    263-284

  • UT code for WoS article

  • EID of the result in the Scopus database