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Land acquisition is one of the most important activities in construction, particularly in toll road development. Many toll road projects in Indonesia have not been completed and many investors have become bankrupt because of unresolved land acquisition issues. The problem of land acquisition in Indonesia is due to uncertainty and very complex issues. In fact, land prices can be 10 times until 20 times...
This academic research paper addresses how designers contribute to value creation in design-build (DB) projects. In addition to identifying contextual constraints, this paper suggests measures on how designers can maximize value creation. The results are based on a literature review in combination with three separate case studies of Norwegian building projects. Each case study consists of interviews...
The major contribution of this paper is to propose a hybrid approach to improve the comprehensiveness of Cost-Benefit Analysis (CBA) for transport infrastructure projects. CBA is often employed to inform decision makers about the desirability of transport infrastructure investment options. One of the main limitations of traditional CBA approaches is that they do not provide a dynamic view which explicitly...
This paper maps different investor strategies in the offshore wind energy market based on data from existing wind farms in the UK. This is realized through the employment of cluster analysis, which classifies offshore wind energy investors - who have purchased equity stakes-in terms of the entry timing, exit timing, purchase timing and stake purchased. We, then, perform a SWOT analysis to identify...
This paper describes a model-based evaluation analysis of grid connected Energy Storage Systems (ESS) that provide a set of grid services: energy arbitrage, distribution investment deferral and frequency regulation. The purpose of this evaluation is to determine the most profitable way to operate an ESS among different investment scenarios and dispatch schedules. Depending on the selected operational...
Context. Each year the public sector invests large amounts of money in the development and modifications of their software systems. These investments are not always successful and many public sector software projects fail to deliver the expected benefits. Goal. This study aims at reducing the waste of resources on failed software projects through better understanding of the success factors and challenges...
Strategic analysis of stakeholders involved in the transition to a smart distribution system has been conducted. Proceeding from this analysis, deductions and conclusions about methods for promoting and allowing a smoother transition to the new paradigm are drawn. The recommendations can be highlighted as follows: 1) promoting new smart grid technologies; 2) encouraging communication and cooperation...
This publication is devoted to the topic of strategic innovative cooperation between universities and high-tech enterprises in Russia. An analysis of global innovation development reveals that the level of innovation in Russia is one of the lowest in the world. One of the reasons of this situation is the lack of transparent procedures of cooperation of companies and universities, as sources of intellectual...
Technical debt is a metaphor in software engineering interpreted as a trade-off between short-term benefits of postponing development activities and long-term consequences of postponing those activities. Most of the research in technical debt literature focus on identifying technical debt, justifying what to include and what to exclude in the technical debt scope and how to deal with them: either...
Electric roads have had a pleasant journey through the research landscape but are now about to enter the “valley of death.” The basic technologies for dynamic power transfer from the road to vehicles in motion has been developed through various research projects across the globe, largely supported by public funding. Electric road systems (ERS) will soon be tested on public roads, but is still a long...
This paper presents a work in progress done within an Interreg Europe project called ERUDITE. The aim of the project is to create a process that enables regional stakeholders across Europe to co-identify and co-design appropriate and innovative digital services on the top of high speed broadband, based on existing needs and a recognition of the social, economic and environmental value that they have...
The locational mechanisms in MISO's capacity market may result in price separation between different capacity zones due to constraints in limiting capacity transfers between capacity zones. Managing this price separation risk is identified as one of the issues in MISO's resource adequacy construct. A new financial property right, Capacity Transfer Right (CTR), is proposed to hedge against this price...
Smart grid is a key element of the power systems modernization strategy. The harmonization of methods and assumptions in economic assessment of smart grids and a collaborative, well-structured action involving all stakeholders are crucial to meeting the smart grid transition challenges.
Cross-border transmission network investment requirements are expected to increase, in order to strengthen internal market integration and reach the renewable deployment policy target across Europe. This paper discusses the governance of cross-border transmission network infrastructure using four building blocks: network planning, ownership, financing and cost allocation. Firstly, the key characteristics...
Service Economics has been successfully proposed and implemented for promoting the macro service market especially in Global value chains which however does not provide guidance and integrate directly with the IT side implementation. Therefore there leaves a gap of the refinement from the strategic business planning to ubiquitous services implementation in the API (Application Program Interface) economy...
Welfare systems are continuously under pressure to find innovative responses to demographic change, a global economy, increasing levels of migration and emerging technologies, to mention a few of the multiple challenges that confront social policy. Recent efforts to address these challenges at a European level include the Social Investment Package, which emphasizes the importance of social innovation...
Information Technology (IT) is continuously evolving at faster rate and enterprises are always trying to keep pace with the changes. So do the threats. As the complexity of IT increase, the unprecedented threat environment and security challenges also have increased multi fold over the years. Security Managers are continuously having challenging task not only protecting their company but also convincing...
Paid peering is controversial. Generally speaking, large access ISPs favour it, while Content Providers (CPs) do not. But is CP opposition to paid peering irrational, especially if their transferred payments can incentivize the ISP to make greater investment in the common infrastructure? To answer this question we analyze an ecosystem consisting of a single access ISP that directly interconnects with...
Information Communication Technology (ICT) is a powerful tool which can accelerate socio-economic development in developing nations. The growth of information is the main compelling reason for new cutting edge technologies through ICT to be assimilated in commerce and trade, health, education, governance, research and development in rural development. Regardless of the great advantages offered by...
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