Economic uncertainties in chilled water system design.

Summary

Uncertainty in decision metrics, such as the benefit-cost ratio or simple payback, is a measure of risk that the designer and owner face in selecting a chilled water system design. Of course, these economic metrics are not the sole basis for decisions in most cases. The decision whether to install a particular technology is part of a broader set of economic and non-economic considerations, the parameters of which are unique to the project and to the ownership environment. The analysis examines how uncertainties in engineering and economic assumptions made during chilled water system design translate to uncertainty in commonly used design decision metrics.

Details

  • Original title: Economic uncertainties in chilled water system design.
  • Record ID : 2001-1999
  • Languages: English
  • Source: ASHRAE Transactions. 1999 Annual Meeting, Seattle, Washington + CD-ROM.
  • Publication date: 1999
  • Document available for consultation in the library of the IIR headquarters only.

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