(LESLIE E. KOSSOFF/AP) By Ashley Halsey III By Ashley Halsey III April 29, 2014. With pressure mounting to avert a transportation funding crisis this summer, the Obama administration Tuesday opened the door for states to collect tolls on interstate highways to raise revenue for roadway repairs.
Avoided Cost. Avoided cost analysis is a widely accepted method for estimating the economic benefits associated with renewable energy, energy efficiency, or conservation programs. Naturally, the term âavoided costâ refers to the cost no longer incurred as the result of a project or action.
In addition, 1.6 GW of wind & PV avoided ~120 hours of unserved energy, saving additional R 1.6 billion for the economy â¢During 120 hours in year 2014 the OCGT & pumped hydro reserves were less than the capacity supplied by wind/PV.Without wind & PV and without other countermeasures, the system would have had to reduce load (unserved energy) â¢The macroeconomic value of having avoided the associated 19 GWh of unserved energy is R 1.6 billion (87 R/kWh), which translates into additional value of 0.74 R per kWh of renewable energy from wind/PV.