An Integrated Appraisal of the Péligre Electricity Transmission Line Rehabilitation Investment

Sener Salci

MPRA Paper from University Library of Munich, Germany

Abstract: The analytical challenges in evaluating the impacts of transmission line investments have vexed practitioners and electricity market regulators. The purpose of this study is to provide a guideline for improving the accuracy and predictability of the impacts of electricity rehabilitation projects. The subject is too broad to address completely here. The proposed guideline is suitable for evaluations of such project implemented in a broken electricity network. In such case, the demand for electricity is deterred, the supply of the electricity is unreliable, and the system is far away from its least-cost optimum production/consumption level. The guideline does not rebut the catalog of existing evaluation models or approaches. The guideline utilizes them for a reasonable ex-ante assessment to identify “good” projects that satisfy the economic and public objectives of the economy. An integrated cost-benefit analysis (CBA) framework is recommended to appraise such projects along with allocating the impacts to stakeholders in a manner that is commensurate with the net benefits they receive. Such an integrated analysis is much more than a set of procedures for estimating the expected net present values or rates of return of the project.

Keywords: Electricity; Transmission Line; Rehabilitation Investment; Reliability; Cost-Benefit Analysis; Haiti (search for similar items in EconPapers)
JEL-codes: D61 H43 L94 (search for similar items in EconPapers)
Date: 2017-05-03
New Economics Papers: this item is included in nep-ppm
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Related works:
Working Paper: An Integrated Appraisal of The Péligre Electricity Transmission Line Rehabilitation Investment (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:78929

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