The Benefit/Cost Ratio of a Physical Model Study

by Robert W. Everett,



Document Type: Proceeding Paper

Part of: Waterpower '85

Abstract:

The discussions of a physical model study often appear first in the Federal Energy Regulatory Commission ('FERC') consultation process and when appearing later as a requirement within an Article of License, the study is often perceived as a nuisance requirement. The developer often believes that it is unnecessary to conduct physical model studies if it is not required by a regulating agency, even if industry standards typically include modeling activities as project prerequisites. This paper is presented to exemplify one privately funded model study that was conducted with the intention of satisfying an FERC Article of License and the applicable Federal agency. The test program relied upon for this study generally maintained the Federal viewpoint and was not oriented towards reducing project costs or increasing the energy production, yet a favorable Benefit/Cost (B/C) ratio resulted from the owner's viewpoint.

Subject Headings: Physical models | Hydro power | Power plants | Federal government | Licensure and certification | Project management | Hydrologic models

Services: Buy this book/Buy this article

 

Return to search