scholarly journals PECULIARITIES OF USING TARIFFS FOR INTERRUPTION IN THE CONDITIONS OF THE ELECTRICITY MARKET OF UKRAINE

2021 ◽  
pp. 98-107
Author(s):  
A. Zamulko ◽  
O. Ishchenko
Keyword(s):  
Electricity Market ◽  
Econometric Model ◽  
Time Of Day ◽  
Added Value ◽  
Power Outages ◽  
Consumer Surveys ◽  
Promising Area ◽  
The Difference ◽  
The Cost ◽  
Econometric Approach

The use of schedules to disconnect consumers from electricity to reduce the load on the UES of Ukraine is an outdated model and may not meet the standards and requirements of the new model of the electricity market in Ukraine. The study of consumer desires and needs is a very promising area in improving the efficiency of the balancing mechanism in the electricity market and is an important factor in calculating interruption tariffs. In this paper, to minimize costs due to power outages, the consumer considers the creation of a hybrid econometric approach that combines the advantages and minimizes the disadvantages of two models: the popular consumer survey model and the econometric model. An econometric model that uses the added value created by a group of consumers for the year is a practical way to estimate the cost of planned outages. The method of consumer surveys is the most popular tool for assessing reliability in the electricity market. The paper proposes to use publicly available consumer data collected through a simple survey of consumers about their actions in case of undesirable power outages, taking into account the specifics of their work. It is worth noting that this study focuses on the interruption scenario that will lead to the highest shutdown costs, it covers only winter outages in the afternoon and eliminates the effect of the difference between time of day and season.

scholarly journals The future of Swiss hydropower: how to distribute the risk and the profits?

2021 ◽  
Vol 157 (1) ◽  
Author(s):  
Mirjam Kosch ◽  
Regina Betz ◽  
Thomas Geissmann ◽  
Moritz Schillinger ◽  
Hannes Weigt
Keyword(s):  
Electricity Market ◽  
Market Price ◽  
Market Model ◽  
Economic Pressure ◽  
Electricity Prices ◽  
Detailed Design ◽  
Trade Off ◽  
The Difference ◽  
Water Fee ◽  
The Cost

AbstractLow electricity prices put economic pressure on hydropower companies. A more flexible water fee design can counteract this pressure and support hydropower companies during times when market revenues are low. However, this comes at the cost of lower revenues for resource owners. Using a sample of cost data for 62 companies and revenue data derived from an electricity market model, we have quantified this trade-off for the case of Switzerland. We found that electricity market price developments dominate changes in water fees and that for the profitability of hydropower, electricity prices are more important than water fee levels. However, with electricity prices of around CHF 40 per MWh, water fees can make the difference between profit and loss. Therefore, while flexible water fee regimes shift the market risk from producers to resource owners to some extent, the extent of this risk shift depends on the detailed design of the flexible regime.

ANALISA NILAI TAMBAH PENJUALAN JAMUR TIRAM SEGAR DAN KRIPIK JAMUR TIRAM DI DESA BUMIRAHAYU KECAMATAN BUAY MADANG TIMUR KABUPATEN OKU TIMUR

2018 ◽  
Vol 4 (02) ◽  
pp. 25-30
Author(s):  
Ary Eko Prastya Putra
Keyword(s):  
Raw Materials ◽  
Added Value ◽  
Oyster Mushroom ◽  
Mushroom Cultivation ◽  
Final Value ◽  
Oyster Mushrooms ◽  
Business Income ◽  
The Difference ◽  
The Cost

The objectives of this study were to: 1) determine the business income of selling fresh oyster mushrooms and making oyster mushroom chips in Bumirahayu Village, Buay Madang Timur District, East OKU Regency, 2) to determine the added value of selling fresh oyster mushrooms into oyster mushroom chips in Bumirahayu Village District Buay Madang Timur, East OKU Regency. The results showed that the income earned by the oyster mushroom cultivation business actors was Rp. 10,953,697, - / PP (Rp. 2,738,424, - / month). Meanwhile, the business of making oyster mushroom chips is Rp. 988. 437, - / PP (Rp. 3,953,748, - / month). The difference in income that is quite large makes the business of making oyster mushroom chips feasible to be developed, while the added value in the business of making oyster mushroom chips is Rp. 12,437, - / Kg or in the amount of Rp. 1,305,937, - / PP (Rp. 5,223,748, - / month) obtained from the difference between the final value and the cost of raw materials.

Economics of Solar Power

2021 ◽  
Author(s):  
Christine L. Crago
Keyword(s):  
Solar Power ◽  
Time Of Day ◽  
Green Economy ◽  
Added Value ◽  
Solar Pv ◽  
Electrical Grid ◽  
Pv Systems ◽  
Solar Electricity ◽  
The Cost ◽  
Solar Resource

Energy from the sun has vast potential for powering modern society. The first decades of the 21st century saw a rapid increase in the deployment of solar power, with global solar photovoltaic (PV) capacity growing over 25-fold, from 23 GW to 627 GW, between 2009 and 2019. Growth in the solar PV market is supported by financial and regulatory incentives offered by many governments worldwide. These incentives include feed-in tariffs, rebates, and tax incentives, as well as market-support policies governing permitting and grid interconnection. Despite the rapid growth in solar PV capacity, solar electricity accounts for under 3% of global electricity generation, suggesting that there is huge potential for the solar PV market to expand and meet global energy demand. Foremost among the benefits of solar power is its potential to drastically cut greenhouse gas (GHG) emissions from the electricity sector. Solar electricity can also reduce local air pollution, and growth of the PV market can enhance energy security and contribute to the green economy. However, there are challenges to future expansion of the solar PV market. One of the key barriers is the cost of solar projects. Although as of 2020 the cost of utility-scale solar projects was beginning to be competitive with the cost of conventional energy sources, further reductions in costs are needed to achieve deeper penetration of solar electricity. Other challenges associated with solar electricity have to do with the predictable and unpredictable aspects of solar resource. On the one hand, solar resource varies predictably based on season and time of day. When solar electricity output coincides with peak electricity demand, solar electricity provides added value to the electrical grid. On the other hand, weather variation, air quality, and other factors can drastically alter predicted output from solar PV systems. The unpredictable aspect of solar electricity poses a major challenge for integrating solar electricity into the electrical grid, especially for high levels of penetration. Grid operators must either store electricity or rely on standby generators to maintain grid reliability, both of which are costly. Advances in storage technology and grid management will be needed if solar electricity is to be a major source of electricity supply. Residential adoption of rooftop solar PV systems has led to the growth of “prosumers” (households that consume and produce electricity) and has provided a novel setting to examine several aspects of consumer behavior related to adoption of new technology and energy-use behavior. Studies show that financial incentives, pro-environmental preferences, and social interactions affect adoption of solar PV technology. Prosumers are also likely to consume more electricity after they install solar PV systems. Decarbonization goals related to society’s response to climate change are expected to drive future growth in the solar PV market. In addition to technological advances, market mechanisms and policies are needed to ensure that the transition to an energy system dominated by solar and other renewables is accomplished in a way that is economically efficient and socially equitable.

Implementasi Analisis Proses Bisnis Sebagai Upaya Pengurangan Biaya

2019 ◽  
Vol 10 (1) ◽  
pp. 1-27
Author(s):  
Aniek Wijayanti
Keyword(s):  
Business Process ◽  
Cost Reduction ◽  
Process Analysis ◽  
Value Added ◽  
Added Value ◽  
Natural Material ◽  
Management Activity ◽  
Procurement Process ◽  
Material Procurement ◽  
The Cost

Business Process Analysis can be used to eliminate or reduce a waste cost caused by non value added activities that exist in a process. This research aims at evaluating activities carried out in the natural material procurement process in the PT XYZ, calculating the effectiveness of the process cycle, finding a way to improve the process management, and calculating the cost reduction that can achieved by activity management. A case study was the approach of this research. The researcher obtained research data throughout deep interviews with the staff who directly involved in the process, observation, and documentation of natural material procurement. The result of this study show that the effectiveness of the process cycle of natural material procurement in the factory reached as much as 87,1% for the sand material and 72% for the crushed stone. This indicates that the process still carry activities with no added value and still contain ineffective costs. Through the Business Process Mechanism, these non value added activities can be managed so that the process cycle becomes more efficient and cost effectiveness is achieved. The result of the effective cycle calculation after the management activities implementation is 100%. This means that the cost of natural material procurement process has become effective. The result of calculation of the estimated cost reduction as a result of management activity is as much as Rp249.026.635,90 per year.

SELISIH BIAYA PRODUKSI SEBAGAI ALAT PENGENDALIAN MANAJEMEN PT INDO PUSAKA BERAU

2019 ◽  
Vol 3 (02) ◽  
pp. 397
Author(s):  
SAFITRI NURHIDAYATI ◽  
RIZKI AMELYA SYAM
Keyword(s):  
Raw Materials ◽  
Field Research ◽  
Analytical Tool ◽  
Production Costs ◽  
Raw Material ◽  
Labor Costs ◽  
Material Costs ◽  
Library Research ◽  
The Difference ◽  
The Cost

This study aims to analyze whether the difference that occurs in the cost of raw materials, direct labor, and factory overhead costs between the standard costs and the actual costs in PLTU LATI is a difference that is favorable or unfavorable. Data collection techniques with field research and library research. The analytical tool used is the analysis of the difference in raw material costs, the difference in direct labor costs and the difference in factory overhead costs. The hypothesis in this study is that the difference allegedly occurs in the cost of raw materials, direct labor costs, and factory overhead costs at PT Indo Pusaka Berau Tanjung Redeb is a favorable difference. The results showed that the difference in the cost of producing MWh electricity at PT Indo Pusaka Berau Tanjung Redeb in 2018, namely the difference in the price of raw material costs Rp. 548,029.80, - is favorable, the difference in quantity of raw materials is Rp. 957,216,602, - is (favorable) , the difference in direct labor costs Rp 2,602,642,084, - is (unfavorable), and the difference in factory overhead costs Rp 8,807,051,422, - is (favorable) This shows that the difference in the overall production cost budget is favorable or profitable. This beneficial difference shows that the company is really able to reduce production costs optimally in 2018.  

Costs and the cost-effectiveness threshold

2017 ◽  
Author(s):  
Jan Abel Olsen
Keyword(s):  
Societal Perspective ◽  
Threshold Value ◽  
Quality Adjusted Life Year ◽  
Healthcare Sector ◽  
The Difference ◽  
The Cost ◽  
Qaly Threshold ◽  
Cost Effectiveness Threshold ◽  
Effectiveness Threshold ◽  
Quality Adjusted Life

Chapter 19 starts by distinguishing between the two contrasting perspectives that an economic evaluation would take: the healthcare sector perspective versus the societal perspective. The former is considered a ‘narrow analysis’ which includes only the costs accruing within the healthcare sector, while the latter represents a ‘broad analysis’ that accounts for all resource implications in all sectors of the economy. After an investigation into various types of costs, a ‘limited societal perspective’ is suggested to be more appropriate than either of the two ‘extreme perspectives’. The chapter continues with a discussion of the cost per quality-adjusted life year (QALY) threshold and explains the difference between a demand side- versus a supply-side approach to determining a threshold value for a QALY.

The Direct and Indirect Costs of Treating the Victims of the 2016 Nice Terror Attacks in a Single Pediatric Hospital

2021 ◽  
pp. 1-4
Author(s):  
Federico Solla ◽  
Eytan Ellenberg ◽  
Virginie Rampal ◽  
Julien Margaine ◽  
Charles Musoff ◽  
...  
Keyword(s):  
Indirect Costs ◽  
Medical Costs ◽  
Pediatric Hospital ◽  
Terror Attack ◽  
Direct And Indirect Costs ◽  
Terror Attacks ◽  
Direct Medical Costs ◽  
Annual Budget ◽  
The Difference ◽  
The Cost

Abstract Objective: To analyze the cost of the terror attack in Nice in a single pediatric institution. Methods: We carried out descriptive analyses of the data coming from the Lenval University Children’s Hospital of Nice database after the July 14, 2016 terror attack. The medical cost for each patient was estimated from the invoice that the hospital sent to public insurance. The indirect costs were calculated from the hospital’s accounting, as the items that were previously absent or the difference between costs in 2016 versus the previous year. Results: The costs total 1.56 million USD, corresponding to 2% of Lenval Hospital’s 2016 annual budget. Direct medical costs represented 9% of the total cost. The indirect costs were related to human resources (overtime, sick leave), revenue shortfall, and security and psychiatric reinforcement. Conclusion: Indirect costs had a greater impact than did direct medical costs. Examining the level and variety of direct and indirect costs will lead to a better understanding of the consequences of terror acts and to improved preparation for future attacks.

scholarly journals Switch Strategy from Direct Aspiration First Pass Technique to Solumbra Improves Technical Outcome in Endovascularly Treated Stroke

2021 ◽  
Vol 18 (5) ◽  
pp. 2670
Author(s):  
Enrico Pampana ◽  
Sebastiano Fabiano ◽  
Gianluca De Rubeis ◽  
Luca Bertaccini ◽  
Alessandro Stasolla ◽  
...  
Keyword(s):  
Added Value ◽  
Stroke Patients ◽  
First Line ◽  
Anterior Circulation ◽  
First Pass ◽  
Procedural Time ◽  
The Mean ◽  
The Difference ◽  
Number Of Passes ◽  
Switch Strategy

Background: The major endovascular mechanic thrombectomy (MT) techniques are: Stent-Retriever (SR), aspiration first pass technique (ADAPT) and Solumbra (Aspiration + SR), which are interchangeable (defined as switching strategy (SS)). The purpose of this study is to report the added value of switching from ADAPT to Solumbra in unsuccessful revascularization stroke patients. Methods: This is a retrospective, single center, pragmatic, cohort study. From December 2017 to November 2019, 935 consecutive patients were admitted to the Stroke Unit and 176/935 (18.8%) were eligible for MT. In 135/176 (76.7%) patients, ADAPT was used as the first-line strategy. SS was defined as the difference between first technique adopted and the final technique. Revascularization was evaluated with modified Thrombolysis In Cerebral Infarction (TICI) with success defined as mTICI ≥ 2b. Procedural time (PT) and time to reperfusion (TTR) were recorded. Results: Stroke involved: Anterior circulation in 121/135 (89.6%) patients and posterior circulation in 14/135 (10.4%) patients. ADAPT was the most common first-line technique vs. both SR and Solumbra (135/176 (76.7%) vs. 10/176 (5.7%) vs. 31/176 (17.6%), respectively). In 28/135 (20.7%) patients, the mTICI was ≤ 2a requiring switch to Solumbra. The vessel’s diameter positively predicted SS result (odd ratio (OR) 1.12, confidence of interval (CI) 95% 1.03–1.22; p = 0.006). The mean number of passes before SS was 2.0 ± 1.2. ADAPT to Solumbra improved successful revascularization by 13.3% (107/135 (79.3%) vs. 125/135 (92.6%)). PT was superior for SS comparing with ADAPT (71.1 min (CI 95% 53.2–109.0) vs. 40.0 min (CI 95% 35.0–45.2); p = 0.0004), although, TTR was similar (324.1 min (CI 95% 311.4–387.0) vs. 311.4 min (CI 95% 285.5–338.7); p = 0.23). Conclusion: Successful revascularization was improved by 13.3% after switching form ADAPT to Solumbra (final mTICI ≥ 2b was 92.6%). Vessel’s diameter positively predicted recourse to SS.

scholarly journals Why Do Some Firms Spend So Much on Medical Care? Accounting for Variation

2000 ◽  
Vol 3 (1) ◽  
Author(s):  
Matthew Eichner ◽  
Mark McClellan ◽  
David A. Wise
Keyword(s):  
Health Care ◽  
Health Care Cost ◽  
Health Care Expenditures ◽  
Cost Of Treatment ◽  
Consistent Method ◽  
The Difference ◽  
The Cost ◽  
Cost Differences ◽  
Average Expenditure

We are engaged in a long-term project to analyze the determinants of health care cost differences across firms. An important first step is to summarize the nature of expenditure differences across plans. The goal of this article is to develop methods for identifying and quantifying those factors that account for the wide differences in health care expenditures observed across plans.We consider eight plans that vary in average expenditure for individuals filing claims, from a low of $1,645 to a high of $2,484. We present a statistically consistent method for decomposing the cost differences across plans into component parts based on demographic characteristics of plan participants, the mix of diagnoses for which participants are treated, and the cost of treatment for particular diagnoses. The goal is to quantify the contribution of each of these components to the difference between average cost and the cost in a given firm. The demographic mix of plan enrollees accounts for wide differnces in cost ($649). Perhaps the most noticeable feature of the results is that, after adjusting for demographic mix, the difference in expenditures accounted for by the treatment costs given diagnosis ($807) is almost as wide as the unadjusted range in expenditures ($838). Differences in cost due to the different illnesses that are treated, after adjusting for demographic mix, also accounts for large differences in cost ($626). These components of cost do not move together; for example, demographic mix may decrease expenditure under a particular plan while the diagnosis mix may increase costs.Our hope is that understanding the reasons for cost differences across plans will direct more focused attention to controlling costs. Indeed, this work is intended as an important first step toward that goal.

scholarly journals The Effect of Massachusetts' Health Reform on Employer-Sponsored Insurance Premiums

2010 ◽  
Vol 13 (2) ◽  
Author(s):  
John F Cogan ◽  
R. Glenn Hubbard ◽  
Daniel Kessler
Keyword(s):  
United States ◽  
Health Reform ◽  
Medical Expenditure Panel Survey ◽  
Private Insurance ◽  
The United States ◽  
Medical Expenditure ◽  
Insurance Premiums ◽  
Reform Plan ◽  
The Difference ◽  
The Cost

In this paper, we use publicly available data from the Medical Expenditure Panel Survey - Insurance Component (MEPS-IC) to investigate the effect of Massachusetts' health reform plan on employer-sponsored insurance premiums. We tabulate premium growth for private-sector employers in Massachusetts and the United States as a whole for 2004 - 2008. We estimate the effect of the plan as the difference in premium growth between Massachusetts and the United States between 2006 and 2008—that is, before versus after the plan—over and above the difference in premium growth for 2004 to 2006. We find that health reform in Massachusetts increased single-coverage employer-sponsored insurance premiums by about 6 percent, or $262. Although our research design has important limitations, it does suggest that policy makers should be concerned about the consequences of health reform for the cost of private insurance.

Sign in / Sign up

Export Citation Format

Share Document