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Evaluating water projects : cost-benefit analysis versus win-win approach

Author: Per-Olov Johansson; Bengt Kriström
Publisher: Berlin ; New York : Springer, ©2013.
Series: SpringerBriefs in economics.
Edition/Format:   Print book : EnglishView all editions and formats
Database:WorldCat
Summary:
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  Read more...
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Document Type: Book
All Authors / Contributors: Per-Olov Johansson; Bengt Kriström
ISBN: 9783642367892 3642367895
OCLC Number: 827083638
Description: viii, 67 pages : illustrations (some color), color maps ; 24 cm.
Contents: Introduction --
The Dönje hydropower scenario --
The -2, +1 hydropower scenario --
A brief comparison of the apporaches and an outlook --
Appendix A: A simple general equilibrium cost-benefit rule --
Appendix B: On a win-win situation and the (Strong) Pareto criterion --
Appendix C: The questionnaires.
Series Title: SpringerBriefs in economics.
Responsibility: Per-Olov Johansson, Bengt Kriström.
More information:

Abstract:

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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