Light Emitting Diodes Technology in Public Light System of the Municipality of Rome: An Economic and Financial Analysis

Domenico Campisi, Simone Gitto and Donato Morea
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Domenico Campisi: Department of Industrial Engineering, University of Rome Tor Vergata, Via del Politecnico, 1, 00133 Rome, Italy
Donato Morea: Department of Industrial Engineering, University of Rome Tor Vergata, Via del Politecnico, 1, 00133 Rome, Italy

International Journal of Energy Economics and Policy, 2017, vol. 7, issue 1, 200-208

Abstract: This study evaluates an investment project concerning the redevelopment of the public lighting of the Municipality of Rome. In particular, we consider the replacing of the traditional lamps of the system with light emitting diodes lamps. We consider the factors that affect this kind of project: The cost of energy, the manteinance cost, the investment cost and the weighted average cost of capital. Our results underline the reduction of energy consumption and of the maintenance costs, lower emissions of CO2 into the atmosphere, the reduction of light pollution, the positive effects on road safety and the indipendence by incentives

Keywords: Light Emitting Diodes Technology; CO2 Emissions; Public Lighting (search for similar items in EconPapers)
JEL-codes: H54 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (13)

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Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2017-01-21

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