Techno-Economic Analysis


Techno-Economic Analysis

Techno-Economic Analysis

Overview

The objective of techno-economic analysis is to evaluate the feasibility of an investment in power system through quantifying the associated costs, benefits, and potential returns on the investment. The results will help users to determine whether the planned investment is financially sound or not. It also helps users to perform risk management and mitigate the risks that are associated with a project, through quantifying the uncertainties and conducting sensitivity analysis. Considering the potential risks and uncertainties upfront can make the decision-making process on the investment more robust for the user.

Techno-Economic Analysis Reports

  • Detailed cost/benefit report in present value over the life cycle of study
  • Cash flow of the system in forms of net present value or total life cycle cost
  • Internal Rate of Return (IRR) and Discounted Payback Period (DPP)
  • Various types of plots based on the cash flows of the system

Techno-Economic Analysis Capabilities

  • Calculations based on Net Present Value (NPV) or Total Life Cycle Cost (TLCC)
  • Consider different types of costs including capital cost, depreciation cost, power generation cost, power loss cost, and reliability incident cost (ECOST)
  • Calculate depreciation cost based on Straight Line or Declining Balance
  • Calculate the income and cost of systems with respect to unbalance load flow calculation and reliability assessment calculation
  • Consider tax implication rate, discount rate, and inflation rate over the life cycle of study
  • Obtain the economic measures of the system through various types of indices
  • Calculate for the whole system or per feeders

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