Techno Economic Viability (TEV) is an assessment carried out by Sapient Services to evaluate the feasibility and profitability of implementing technological solutions within a business or project. It involves analyzing the potential benefits, costs, and risks associated with the adoption and utilization of new technologies or IT systems.
Visit - https://sapientservices.com/tev-study.php
Sapient Services specializes in assessing the Techno Economic Viability of projects, providing comprehensive insights into their feasibility and profitability. Our expertise in this domain ensures that businesses can make informed decisions based on a thorough evaluation of the technological and economic aspects of their ventures. Whether it's for new projects, investments, or strategic initiatives, Sapient Services is your trusted partner in determining the viability of your endeavors, helping you achieve sustainable success.
Unveiling Techno Economic Viability_ A Comprehensive Guide to Assessing Susta...Sapient Services
At the intersection of technology and economics lies the concept of "Techno Economic Viability" – a comprehensive framework for evaluating the feasibility, profitability, and sustainability of technological innovations and projects
TEV Study (Techno Economic Viability) - A GuidanceSapient Services
Explore the transformative role of Techno Economic Viability (TEV) Study in shaping India's project landscape. Learn about its key features, benefits, and how TEV Study guides stakeholders in making informed decisions for economically viable and sustainable projects.
Improve Social Acceptability of Wind Power Investments (with Sensitive Design...Stavros Thomas
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most formidable challenges currently facing the wind
energy industry. In turn, as the research has found, this
higher state of uncertainty and hesitation requires a
significant improvement on stakeholder
motivations/attitudes or their point of view during project
implementation. How we can improve social acceptability? How we can establish investment prosperity?
Sapient Services excels in TEV studies, delivering precise insights into your business's comprehensive value.
Visit - https://sapientservices.com/tev-study.php
Exploring the Dynamics of Production Functions.pdfTEWMAGAZINE
Production Functions it represents the technological relationship between inputs and outputs in the production process. It specifies the maximum quantity of output
Sapient Services specializes in assessing the Techno Economic Viability of projects, providing comprehensive insights into their feasibility and profitability. Our expertise in this domain ensures that businesses can make informed decisions based on a thorough evaluation of the technological and economic aspects of their ventures. Whether it's for new projects, investments, or strategic initiatives, Sapient Services is your trusted partner in determining the viability of your endeavors, helping you achieve sustainable success.
Unveiling Techno Economic Viability_ A Comprehensive Guide to Assessing Susta...Sapient Services
At the intersection of technology and economics lies the concept of "Techno Economic Viability" – a comprehensive framework for evaluating the feasibility, profitability, and sustainability of technological innovations and projects
TEV Study (Techno Economic Viability) - A GuidanceSapient Services
Explore the transformative role of Techno Economic Viability (TEV) Study in shaping India's project landscape. Learn about its key features, benefits, and how TEV Study guides stakeholders in making informed decisions for economically viable and sustainable projects.
Improve Social Acceptability of Wind Power Investments (with Sensitive Design...Stavros Thomas
In a global study, Intcompas has identified the
achievement of Community acceptance as one of the
most formidable challenges currently facing the wind
energy industry. In turn, as the research has found, this
higher state of uncertainty and hesitation requires a
significant improvement on stakeholder
motivations/attitudes or their point of view during project
implementation. How we can improve social acceptability? How we can establish investment prosperity?
Sapient Services excels in TEV studies, delivering precise insights into your business's comprehensive value.
Visit - https://sapientservices.com/tev-study.php
Exploring the Dynamics of Production Functions.pdfTEWMAGAZINE
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This presentation was given to the staff of the NYSERDA NYC office as a primer to market transformation principles and specifically to NYSERDA\'s application of those principles through the Clean Energy Continuum.
Transfer of Environmentally Sound Technologies: Identifying the Hierarchy and...scmsnoida5
The application of new, resource efficient
Environmentally Sound Technologies (ESTs) has
become crucial for both development and the
environment. Technology transfer is most
fundamentally complex process of learning and the
effective transfer is not possible until all the factors
related to transfer process is well understood. Present
paper aims to understand Hierarchy and interrelationship
among barriers to the process of adoption
of environmentally sound technologies using an
interpretive structural modelling (ISM) technique. The
paper will reveal how ISM supports policy planners
and implementing agencies in recognizing and
exploring interdependencies among barriers to EST.
The main findings of the paper contain the
development of Hierarchy and inter-relationship of
barriers to EST adoption with ISM model. The
identified barriers are divided into five blocks of
Hierarchy that display their inter-relationship depicting
the driving-dependence relationship. This academic
exercise of ISM model development is expected to
direct a way forward to the policy planners, makers
and implementers to leverage their resources
optimally with effective adoption of EST.
Evaluating planning strategies for prioritizing projects in suBetseyCalderon89
Evaluating planning strategies for prioritizing projects in sustainability
improvement programs
Amir R. Hessamia , Vahid Faghihib , Amy Kimc and David N. Fordb
aDepartment of Civil and Architectural Engineering, Texas A&M University–Kingsville, Kingsville, USA; bZachry Department of Civil
Engineering, Texas A&M University, College Station, USA; cDepartment of Civil and Environmental Engineering, University of
Washington, Seattle, USA
ABSTRACT
Programs to improve the sustainability of building infrastructures often consist of project portfolios
that need to be prioritized in an appropriate chronological fashion to maximize the program’s
benefits. This is particularly important when a revolving-fund approach is used to leverage savings
from the initial projects to pay for later improvements. The success of the revolving-fund approach
is dependent on the appropriate prioritization of projects. Competing performance measures and
scarce resources make this task of project prioritization during the planning stage a complex and
challenging endeavour. The current study examined the impact of different project prioritization
strategies for revolving-fund sustainability program performance. A novel modeling approach for
sustainability decision-analysis was developed using the system dynamics method, and the model
was calibrated using a campus sustainability improvement program at a major university. The
model was applied to evaluate the effects of five common project-prioritization strategies on three
program-performance measures, across a wide range of initial investment levels. For the university
case study, we found that the strategy of prioritizing projects according to decreasing benefit/cost
ratio performed best. The research demonstrated that using a system dynamics model can allow
sustainability program managers to make better-informed sequencing decisions, leading to a
financially and environmentally successful program implementations.
ARTICLE HISTORY
Received 15 August 2018
Accepted 11 April 2019
KEYWORDS
Project prioritization; system
dynamics; sustainability
improvement; revolving
fund; energy efficiency
Introduction
The development of sustainable infrastructure is of vital
concern in a world of limited resources. Currently, in the
United States, the residential and commercial sectors
account for about 40% of the country’s total consumed
energy (U.S. Energy Information Administration 2016).
Meanwhile, electricity generation, the industrial sector,
and the residential sector generate over 45% of the
country’s CO2 emissions (U.S. Environmental Protection
Agency 2016a). Reducing energy consumption in these
sectors through sustainability improvement programs
can provide great benefits – both in the form of imme-
diate monetary savings for owners and in the overall
context of a better living environment for the public.
A large amount of existing infrastructure was built
prior to the adoption of current sustainability design
and construct ...
How Innovation and Technology Will Fuel the Transition to Sustainable Enterpr...EricCuka
This report has been created to provide insight as to why businesses should adopt sustainability practices into their core business strategies. Innovation and technology have not only created increased pressure and transparency, they have also created enormous opportunity for businesses in today's high-demand economy. There are incredible examples covered in the included research which demonstrate how organizations have utilized eco-efficiencies to increase margins while simultaneously benefiting both core and fringe stakeholders. The key concept of this paper is to encourage companies to embrace sustainability into their corporate culture in order to fuel innovation and create competitive advantages. Technology can be leveraged in a wide array of possibilities to maximize operational efficiencies, increase margins, and impact society at the same time. The research conducted to support the main argument of this report includes readings from Saint Cloud State University's MBA 605 - Strategies for Sustainable Development class, as well as multiple external readings from credible internet sources.
Anyone who is employed in a technology field will find this report especially interesting; however, the content is relevant to multiple areas of business and business strategy. Whether you are passionate about sustainability or not, the research in this paper will apply to you if you are interested in maximizing operational efficiencies through innovation and technology. The key eco-efficiencies covered include: reduced material and waste expenses, reduced energy expenses, and reduced water expenses. As companies embrace technology, combined with a sustainable strategy, additional innovations will be constructed as these companies strive towards becoming sustainable. The bottom line is that technology and innovation will fuel the transition to sustainable enterprises. Is your company going to be left behind?
Finding potential customers for an innovative product or service can be challenging, technology transfer consultants may be able to help by conducting market research and connecting with industry contacts.
Gain a Postgraduate Certificate in Renewable Energy Project Finance to support your professional development and practice in the finance industry or preparing you to enter the sector in a wide range of Renewable Energy Project Manager roles. Certification offered by Institute of Solar Technology (IST) in academic partnership with University of Petroleum and Energy Studies.
This postgraduate certificate will provide you with a strong foundation in project finance, financial decision-making, financial reporting and governance. This is a short term skill based non-accredited program.
You’ll build your understanding of both RE Project financial theory and practice in national and international contexts. You will also develop your knowledge in key areas of finance such as securities and company valuation, project appraisal, mergers and acquisitions, corporate governance and more.
Expert will discuss implications for policy makers, the financial sector, as well as energy scholars concerned with power generation investment decisions.
Grasping the Vital Need for Valuation of Goodwill - Sapient Services (1).pdfSapient Services
At Sapient Services, a believed forerunner in business valuation and sanctioned designing services, we perceive the meaning of the need for valuation of goodwill in driving informed choices and encouraging development.
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This presentation was given to the staff of the NYSERDA NYC office as a primer to market transformation principles and specifically to NYSERDA\'s application of those principles through the Clean Energy Continuum.
Transfer of Environmentally Sound Technologies: Identifying the Hierarchy and...scmsnoida5
The application of new, resource efficient
Environmentally Sound Technologies (ESTs) has
become crucial for both development and the
environment. Technology transfer is most
fundamentally complex process of learning and the
effective transfer is not possible until all the factors
related to transfer process is well understood. Present
paper aims to understand Hierarchy and interrelationship
among barriers to the process of adoption
of environmentally sound technologies using an
interpretive structural modelling (ISM) technique. The
paper will reveal how ISM supports policy planners
and implementing agencies in recognizing and
exploring interdependencies among barriers to EST.
The main findings of the paper contain the
development of Hierarchy and inter-relationship of
barriers to EST adoption with ISM model. The
identified barriers are divided into five blocks of
Hierarchy that display their inter-relationship depicting
the driving-dependence relationship. This academic
exercise of ISM model development is expected to
direct a way forward to the policy planners, makers
and implementers to leverage their resources
optimally with effective adoption of EST.
Evaluating planning strategies for prioritizing projects in suBetseyCalderon89
Evaluating planning strategies for prioritizing projects in sustainability
improvement programs
Amir R. Hessamia , Vahid Faghihib , Amy Kimc and David N. Fordb
aDepartment of Civil and Architectural Engineering, Texas A&M University–Kingsville, Kingsville, USA; bZachry Department of Civil
Engineering, Texas A&M University, College Station, USA; cDepartment of Civil and Environmental Engineering, University of
Washington, Seattle, USA
ABSTRACT
Programs to improve the sustainability of building infrastructures often consist of project portfolios
that need to be prioritized in an appropriate chronological fashion to maximize the program’s
benefits. This is particularly important when a revolving-fund approach is used to leverage savings
from the initial projects to pay for later improvements. The success of the revolving-fund approach
is dependent on the appropriate prioritization of projects. Competing performance measures and
scarce resources make this task of project prioritization during the planning stage a complex and
challenging endeavour. The current study examined the impact of different project prioritization
strategies for revolving-fund sustainability program performance. A novel modeling approach for
sustainability decision-analysis was developed using the system dynamics method, and the model
was calibrated using a campus sustainability improvement program at a major university. The
model was applied to evaluate the effects of five common project-prioritization strategies on three
program-performance measures, across a wide range of initial investment levels. For the university
case study, we found that the strategy of prioritizing projects according to decreasing benefit/cost
ratio performed best. The research demonstrated that using a system dynamics model can allow
sustainability program managers to make better-informed sequencing decisions, leading to a
financially and environmentally successful program implementations.
ARTICLE HISTORY
Received 15 August 2018
Accepted 11 April 2019
KEYWORDS
Project prioritization; system
dynamics; sustainability
improvement; revolving
fund; energy efficiency
Introduction
The development of sustainable infrastructure is of vital
concern in a world of limited resources. Currently, in the
United States, the residential and commercial sectors
account for about 40% of the country’s total consumed
energy (U.S. Energy Information Administration 2016).
Meanwhile, electricity generation, the industrial sector,
and the residential sector generate over 45% of the
country’s CO2 emissions (U.S. Environmental Protection
Agency 2016a). Reducing energy consumption in these
sectors through sustainability improvement programs
can provide great benefits – both in the form of imme-
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context of a better living environment for the public.
A large amount of existing infrastructure was built
prior to the adoption of current sustainability design
and construct ...
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Sapient Services on the significance of Techno Economic Viability for sustainable development (1).pdf
1. Sapient Services on the significance of Techno Economic
Viability for sustainable development
A fundamental notion called "techno economic viability" combines technology with economics to
evaluate a project or endeavor's viability and profitability. It is essential for guiding innovation and
building sustainable development. We will discuss the relevance of TEV in this blog post, looking at its
effects on various industries and its contribution to long-term economic growth.
What is Techno Economic Viability's purpose?
Analyses of a technology or project's techno-economic viability are conducted to ascertain whether it is
both technically and economically feasible. They entail performing in-depth assessments, computations,
and forecasts to comprehend the potential risks and benefits connected with putting into practice a
particular technology or embarking on a particular project.
Determining if a technology has the potential to be economically sustainable and competitive in the
market is essential in the context of technological development. It aids in the identification of the costs
involved in the creation, production, and commercialization of a technology and determines if the
anticipated gains and profits surpass the costs.
2. TEV studies, for instance, are extremely important in the field of renewable energy when assessing the
viability and cost-effectiveness of renewable energy projects. The cost of the equipment, its installation,
use, and maintenance, as well as the anticipated energy output and the possible earnings from selling
electricity or taking part in incentive programs, are all elements that are examined in these studies.
It promotes economic growth and technical innovation
The way we live, work, and interact has been completely transformed by technological breakthroughs.
Any technology must be profitable, though, in order to have an impact that lasts. TEV makes certain that
innovations are both technically and financially feasible. Businesses and policymakers can adopt new
technologies in a way that promotes economic advancement by completing rigorous cost-benefit
evaluations.
speeding the energy transition and encouraging sustainable development
It is crucial in advancing sustainable development. It is critical to adopt technology that reduce negative
effects as the globe grapples with major issues including climate change, resource shortages, and
environmental degradation. The TEV study assisted in identifying and assessing the viability of eco-
friendly alternatives. We can achieve a harmonious balance between economic expansion and
environmental protection by giving priority to sustainable solutions.
Techno-economic viability is crucial in accelerating the switch to renewable energy sources in the energy
sector. Although renewable energy technologies have enormous potential, rigorous analysis of their
economic viability is necessary for their successful incorporation into the current energy infrastructure.
By comparing the costs of producing energy from renewable sources with those from traditional
sources, techno-economic studies help us find areas for investment and improvement. This strategy
makes it easier for renewable energy to be adopted more quickly, cutting carbon emissions and
lessening the effects of climate change.
Infrastructure Development Improvement
The development of infrastructure is essential for the development of economies and civilizations. TEV
is essential in assuring the sustainability and soundness of infrastructure projects. Policymakers can
reduce the likelihood of budget overruns and enhance project outcomes by determining the long-term
3. economic feasibility of infrastructure projects through thorough analysis. This methodology promotes
equitable growth and the effective use of resources.
Innovation and entrepreneurship promotion
TEV fosters entrepreneurship and innovation. Entrepreneurs and startups rely on strong business
models to draw investors and obtain funding. They have a better chance of succeeding if they can
demonstrate the potential profitability of their projects through a thorough techno-economic review.
Furthermore, entrepreneurs are more likely to create novel solutions that successfully answer market
needs if they take economic viability into account from the beginning.
Allocating Resources as Best Possible
Resource allocation that is efficient is essential at a time of limited resources. The TEV research offers a
methodology for prioritizing investments and efficiently allocating resources. Decision-makers can
choose wisely and optimize resource allocation by weighing the costs and advantages of various
solutions. With this strategy, productivity is increased, waste is decreased, and resources are allocated
to initiatives with the highest potential for positive social and economic impacts.
Techno-economic viability acts as a compass for innovation and sustainable development. It assists
decision-makers in making well-informed decisions that support sustainable practices, stimulate
innovation, and drive economic growth by evaluating the economic viability of technology
advancements. A more affluent and long-lasting future can be built for everyone by adopting it as a
guiding concept.
Concerning Sapient Services
In April 1988, Sapient Services acquired M/s Malhotra Associates. Third-party inspection, risk
assessment, damage assessment, plant and machinery appraisal, and Chartered Engineer accreditation
were the organization's early areas of interest. Chartered engineers are among the staff members of
Sapient Services Pvt. Ltd., a government-registered valuer with offices in Mumbai, along with risk
assessors, insurance surveyors, and loss adjusters. It provides better Chartered Engineering Services
when compared to other organizations. The company has handled more than 15000 cases including
marine cargo, engineering, fire surveys, and varied size claims since its founding seventeen years ago.