Towards Sustainable Investments: Integrating Embodied Carbon Reduction in Investment Decision-Making by Using a Discounted Cash Flow Model

To combat global warming, it is crucial to eliminate CO2 emissions by 2050, especially since a third of global emissions are attributed to the building and construction industry. This sector's carbon footprint comprises operational emissions from daily activities and embodied carbon throughout a building's lifecycle. However, as buildings become...

Navigating Risk to Resilience: Examining the impact of water risks on the investment decision-making process in polder-area development projects in the Netherlands

In the coming years, the Netherlands is expected to face various climate change-related challenges. Until 2030, the Dutch government has set the goal for the development of nearly a million dwellings (De Jonge, 2022), whereby 600,000 dwellings are being carried out in areas prone to flooding (Deltares, Bosch Slabbers, & Sweco, 2021;...

Towards a feasible business case for circular real estate development: Developing a feasible business case to achieve a positive investment decision for a circular logistics development.

The global imperative to embrace a circular economy, underscored by concerns over climate change, resource depletion, and urbanization, has spotlighted the need for sustainable practices and waste reduction, within the built environment. This master's thesis within the context of the circular economy delves into the challenges faced by the real...

A Life Cycle Perspective for Sustainable Real Estate Investment Decision-Making: An Integrated Life Cycle Costing and Assessment Approach for Institutional Real Estate Investment Funds - Balancing Economic Feasibility and Sustainability in Building Design

It is observed that both cost and environmental impact are underemphasized criteria in the investment decision-making process of Institutional Real Estate Investment Funds (IREIFs). The limited adoption of Life Cycle Costing (LCC) and Life Cycle Analysis (LCA) within IREIFs' Performance Management Systems (PMS) hampers improved investment...

Offshore-onshore port systems: A framework for the cost evaluation of container port systems

The size of container ships is constantly growing over recent decades due to a continuous search for economies of scale by shipping lines. The growth of the container ships has necessitated ports to adapt, e.g. by increasing the water depth requirements. Many of the conventional onshore ports cannot receive larger ships without dredging...

Comparing the Performance of different Market Structures for Regional Heat Networks: A simulation study into the impact of fuel prices, consumption growth and investment decisions

This research has compared three different market mechanisms in a quantitative way. The influences of these market mechanisms on the heating system were investigated for CO2 emissions, consumer price and producer surplus. In addition, the influences of investment decisions and price and consumption growth scenarios were tested. The research...

Multi-objective project portfolio optimization: Application in railway infrastructure networks

Investment projects in railway infrastructure networks are needed to maintain a high condition of the network, maximize the capacity of the network, and to keep the risk low. Railway organizations are aiming to achieve these goals, but also want to minimize the costs of the investments. The desires of stakeholders in railway networks such as the...

Institutional Analysis of Geothermal Energy Investment in Indonesia: Operationalization of the IAD Framework

Investeringsbeslissingen: Een studie naar de veranderingen in het investeringsbesluitvormingsproces met de bijbehorende gebruikte methodes en besliscriteria van kantoorprojecten gedurende de afgelopen tien jaar

Potential effects of risk aversion on technology choices and security of supply: Researched with an agent-based model of a liberalised electricity market

Given the current vulnerability of the profitability of power plants to price volatilities and government policy changes, the role of risk considerations in power plant investment decisions becomes increasingly important. However, when we look at simulation studies that look into the long-term impact of different policy designs on electricity...

The strategic investment decision: Developing a framework to assess strategic investment options in the geothermal industry in the Netherlands

Deep geothermal energy gained more and more attention in the Netherlands over the past few years. It is a renewable energy source with limited air emissions and it can provide reliable base-load power. Since 2007 eight installations were built and more than hundred exploration permits were approved by the Dutch authorities. Many energy firms are...

Shifting From Go/No Go to Flexible Offshore Wind Farm Investment Decisions

In the current paradigm of looking into investments in offshore wind farms (OWFs), a conscious flexible investment strategy of a project developer does not often occur. This research shows that from a rational economical perspective, flexibility in the investment strategy of an OWF project developer can matter. Two experiments are done to...