Financial Information

Detailed financial information will be needed as input to the financial models. They will provide more parameters to predict life cycle costs and cash flows than are needed for simple payback evaluations. Financial data review involves the following:

• Incremental economic values must be determined.

• Long-term life-cycle factors must also be integrated into the economic analysis.

• Incremental capital investment costs must be integrated.

Figure 41-3 illustrates the depth of information gathered and processed during a Detailed Feasibility Study. It can serve as a checklist of information items to be acquired and reviewed.

Renewable Energy 101

Renewable Energy 101

Renewable energy is energy that is generated from sunlight, rain, tides, geothermal heat and wind. These sources are naturally and constantly replenished, which is why they are deemed as renewable. The usage of renewable energy sources is very important when considering the sustainability of the existing energy usage of the world. While there is currently an abundance of non-renewable energy sources, such as nuclear fuels, these energy sources are depleting. In addition to being a non-renewable supply, the non-renewable energy sources release emissions into the air, which has an adverse effect on the environment.

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