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Valuation of Wind Farms: Just a Breeze?
Wind farm development in the U.S. has grown significantly over the past two decades, fueled by federal and state incentives as well as mandated state Renewable Portfolio Standards (“RPS”).
Fourth Major U.S. Coal Company Files for Bankruptcy Amidst Continuing Industry Decline
Westmoreland Coal Co., one of the oldest coal mining companies in the U.S. has filed for bankruptcy. The filing represents the fourth major U.S. coal company to file for Chapter 11 bankruptcy in three years due to continual decline in demand for coal throughout the U.S. as well as overseas. Despite efforts by government agencies […]
Scaling Laws: Uses and Misuses in Industrial Plant and Equipment Replacement Cost Estimates
Scaling laws are ubiquitous in the study of nature, biology, computer networks, economics and other social sciences,[1] and various engineering applications.
Cost-to-Capacity Method: Applications and Considerations
By Clayton T. Baumann, PE, CCP, ASA | evcValuation Click HERE to download a PDF version of this article Abstract This paper discusses the cost-to-capacity method and scale factors that are used in its application. The main focus is the application of the cost-to-capacity method and scale factors in completing order-of magnitude cost estimates for […]
New Wind and Solar Power Generation Installations Beating Natural Gas Despite Its Low Cost
Per the EIA, in the US in 2016 wind and solar energy generation accounted for nearly 9,000 MW and 8,000 MW, respectively, of capacity additions while natural gas-fired generation added approximately 7,900 MW. The cost of natural gas-fired generation is still considerably cheaper, averaging $895/kW versus wind and solar with an average installed cost (nominal […]
Valuation Of Cogeneration Plants: Things To Consider
By Kevin Reilly, ASA | evcValuation and Clayton T. Baumann, PE, CCP, ASA | evcValuation Click HERE to download a PDF version of this article Introduction This paper discusses issues related to the application of the three approaches to value when valuing a complex property such as a cogeneration plant. A background is given with […]
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