Cost-Benefit Analysis for Energy Management in Public Buildings: Four Italian Case Studies

<p>New Time of Use (ToU) tariff scheme known as Enhanced ToU (EToU) has been introduced on 1st January 2016 for industrial customers in Malaysia. EToU scheme is the advanced version of current ToU where the daily time frame is divided into six period blocks, as compared to only two in the existing ToU. Mid-peak tariff is introduced on top of peak-hour and off-peak tariff. The new scheme is designed to reduce Malaysia’s peak hour electricity demand. On customer side, they could be benefited from the low off-peak tariff by simply shifting their consumption. However, it depends on their consumption profile and their flexibility in shifting their consumption. Since EToU scheme is voluntary, each customer needs to perform cost-benefit analysis before deciding to switch into the scheme. This paper analyzes this problem by considering EToU tariff scheme for industry and customer’s electricity consumption profile. Case studies using different practical data from different industries are presented and discussed in this paper.</p>

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

Thermal Science ◽

10.2298/tsci110911090m ◽

2012 ◽

Vol 16 (3) ◽

pp. 915-929 ◽

Cited By ~ 7

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.

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