The Economics of Electrification Part Two - Cost-Benefit Analysis and Calculating a Net Present Value

Here’s the second part of my discussion of the economics of electrification. You can find part one here.
In order to assess whether electrification of a given line should go ahead, the costs need to be weighed against the benefits through a formal cost-benefit analysis. On top of this, we need to account for the cost [...]

The Economics of Electrification Part One - the Costs and Benefits

The economics of electrification is an issue which has interested me for some time. So when drwaddles contacted me last week with some interesting information on the issue, I jumped at the the chance to have a look at it on this blog. Unfortunately, I haven’t been able to come up with any hard and [...]