Evaluating Water Projects [electronic resource] : Cost-Benefit Analysis Versus Win-Win Approach / by Per-Olov Johansson, Bengt Kristr�om.
By: Johansson, Per-Olov [author.].
Contributor(s): Kristr�om, Bengt [author.] | SpringerLink (Online service).
Material type: BookSeries: SpringerBriefs in Economics: Publisher: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer, 2013Description: VIII, 67 p. 11 illus., 2 illus. in color. online resource.Content type: text Media type: computer Carrier type: online resourceISBN: 9783642367908.Subject(s): Water pollution | Environmental economics | Economics | Environmental Economics | Waste Water Technology / Water Pollution Control / Water Management / Aquatic PollutionAdditional physical formats: Printed edition:: No titleDDC classification: 333.7 Online resources: Click here to access onlinePreface -- 1 Introduction -- 2 The D�onje Hydropower Scenario.- 3 The -2,+1 Hydropower Scenario -- 4 A Brief Comparison of the Approaches and an Outlook -- References -- Appendices -- Index.
Should more water be diverted to or from electricity generation? This timely question is addressed in this short volume. Two different approaches are introduced and compared: The first is a cost-benefit analysis, examining the case of re-regulating a Swedish hydropower plant in which water is diverted from electricity generation to the downstream dryway. The proposed scenario generates environmental and other benefits, but comes at a cost in terms of lost electricity. The second study introduces an approach very different from the one used in conventional cost-benefit analysis, and provides a set of measures designed so that most, if not all, affected parties will be better off. Thus, in contrast to a conventional cost-benefit analysis, which draws on hypothetical compensation measures, the new approach envisages actual compensation. Comparing two different theoretical frameworks on the basis of a real-world case, this study can be seen as a manual that can be used to evaluate reasonably small re-regulation of rivers.
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