Details
| Original language | English |
|---|---|
| Pages | 865-874 |
| Number of pages | 10 |
| Publication status | Published - 2014 |
| Event | 47th Hawaii International Conference on System Sciences (HICSS 2014) - Waikoloa, United States Duration: 6 Jan 2014 → 9 Jan 2014 Conference number: 47 |
Conference
| Conference | 47th Hawaii International Conference on System Sciences (HICSS 2014) |
|---|---|
| Abbreviated title | HICSS 2014 |
| Country/Territory | United States |
| City | Waikoloa |
| Period | 6 Jan 2014 → 9 Jan 2014 |
Abstract
Energy consumption is constantly on the increase all over the world. Especially fast-growing economies in emerging countries contribute to this increase. In addition, the climate change effects of greenhouse gas emissions are becoming more and more evident. Today it has become necessary to expand renewable energies, and offshore wind energy in particular to emerging countries. We provide decision support for assessing projects and general financial conditions, respectively. To that end, research artifacts are constructed and evaluated according to the design science research (DSR) principles. A discounted cash flow (DCF) model in combination with a Monte Carlo simulation (MCS) to consider critical project risks forms the basis of our decision support system (DSS). The applicability of the DSS is evaluated with an offshore wind project in Brazil. According to Green information systems (IS), our DSS contributes to economic sustainability.
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2014. 865-874 Paper presented at 47th Hawaii International Conference on System Sciences (HICSS 2014), Waikoloa, Hawaii, United States.
Research output: Contribution to conference › Paper › Research › peer review
}
TY - CONF
T1 - Offshore Wind Energy in Emerging Countries - A Decision Support System for the Assessment of Projects.
AU - Koukal, André
AU - Breitner, Michael H.
N1 - Conference code: 47
PY - 2014
Y1 - 2014
N2 - Energy consumption is constantly on the increase all over the world. Especially fast-growing economies in emerging countries contribute to this increase. In addition, the climate change effects of greenhouse gas emissions are becoming more and more evident. Today it has become necessary to expand renewable energies, and offshore wind energy in particular to emerging countries. We provide decision support for assessing projects and general financial conditions, respectively. To that end, research artifacts are constructed and evaluated according to the design science research (DSR) principles. A discounted cash flow (DCF) model in combination with a Monte Carlo simulation (MCS) to consider critical project risks forms the basis of our decision support system (DSS). The applicability of the DSS is evaluated with an offshore wind project in Brazil. According to Green information systems (IS), our DSS contributes to economic sustainability.
AB - Energy consumption is constantly on the increase all over the world. Especially fast-growing economies in emerging countries contribute to this increase. In addition, the climate change effects of greenhouse gas emissions are becoming more and more evident. Today it has become necessary to expand renewable energies, and offshore wind energy in particular to emerging countries. We provide decision support for assessing projects and general financial conditions, respectively. To that end, research artifacts are constructed and evaluated according to the design science research (DSR) principles. A discounted cash flow (DCF) model in combination with a Monte Carlo simulation (MCS) to consider critical project risks forms the basis of our decision support system (DSS). The applicability of the DSS is evaluated with an offshore wind project in Brazil. According to Green information systems (IS), our DSS contributes to economic sustainability.
UR - http://www.scopus.com/inward/record.url?scp=84902276236&partnerID=8YFLogxK
U2 - 10.1109/hicss.2014.115
DO - 10.1109/hicss.2014.115
M3 - Paper
SP - 865
EP - 874
T2 - 47th Hawaii International Conference on System Sciences (HICSS 2014)
Y2 - 6 January 2014 through 9 January 2014
ER -