Assessment of cost-benefit analysis for offshore electricity infrastructure development

dc.contributor.authorBHAGWAT, Pradyumna
dc.contributor.authorSCHITTEKATTE, Tim
dc.contributor.authorKEYAERTS, Nico
dc.contributor.authorMEEUS, Leonardo
dc.date.accessioned2017-10-23T08:43:48Z
dc.date.available2017-10-23T08:43:48Z
dc.date.issued2017
dc.description.abstractThe application of cost-benefit analysis (CBA) for offshore electricity infrastructure projects with a pan-European impact is discussed. An analytical framework for the evaluation of CBA methodologies is presented. The framework is then applied to assess the CBAs of three offshore infrastructure projects (EWIC, COBRAcable and ISLES). Overall, the CBAs assessed already comply with several dimensions of the analytical framework. However, based on this assessment it is found that scope for improvement in quality exists in three areas namely, in considering project interactions, in dealing with uncertainty and in making the results between CBAs comparable by ensuring full monetisation. Furthermore, the research also confirms the view that a common harmonised CBA methodology is essential for selection of PCIs.en
dc.format.mimetypeapplication/pdfen
dc.identifier.issn1028-3625
dc.identifier.urihttps://hdl.handle.net/1814/48524
dc.language.isoenen
dc.relation.ispartofseriesEUI RSCASen
dc.relation.ispartofseries2017/53en
dc.relation.ispartofseriesFlorence School of Regulationen
dc.relation.ispartofseriesEnergyen
dc.rightsinfo:eu-repo/semantics/openAccessen
dc.subjectCost-benefit analysisen
dc.subjectOffshore infrastructure
dc.subjectElectricity transmission
dc.subjectTransmission expansion planning
dc.titleAssessment of cost-benefit analysis for offshore electricity infrastructure developmenten
dc.typeWorking Paperen
dspace.entity.typePublication
eui.subscribe.skiptrue
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person.identifier.orcid0000-0003-1490-816X
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person.identifier.other36571
person.identifier.other32778
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relation.isAuthorOfPublication.latestForDiscovery283dadb6-72c0-4757-91b8-f0ad195e3467
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