Monitoring and evaluation of Blyth Offshore Wind Farm. Projected operation and maintenance costs of UK offshore wind farms based on the experience at Blyth

Energy Technology Data Exchange (ETDEWEB)

Greig, E.

2004-07-01

This is the fifth of seven reports in this series on specific aspects of the monitoring and evaluation of the Blyth offshore wind farm project. The report assesses the operation and maintenance (O and M) costs for the wind farm in its first full year of operation, and extrapolates these costs to give indicative costs for larger projects. It identifies both planned regular costs and unplanned site maintenance costs; some costs can be attributed to 'troubleshooting' during installation and would not be expected in future years. The Blyth wind farm, the first in the UK, consists of two 2 MW wind turbines installed approximately 1 km from the coast in water about 6 m deep at low tide. The site is exposed to the full impact of the North Sea weather, breaking waves and a significant tidal range (about 5 m). Location, boat availability, weather and insurance are identified as the key factors affecting O and M costs for future offshore wind farms in the UK.

Risk-Based Operation and Maintenance Planning for Offshore Wind Turbines

DEFF Research Database (Denmark)

Nielsen, Jannie Jessen; Sørensen, John Dalsgaard

2010-01-01

Operation and maintenance (O&M) are large contributors to the cost of energy for offshore wind turbines. Optimal planning of O&M should include use of inspections and monitoring results to make decisions that minimize the expected costs through the lifetime of the structures. For offshore...... structures it is especially important because of the dependence on weather windows for inspections and repairs to be possible. A model has been developed to estimate the expected costs to corrective and condition based maintenance for a wind turbine with a single component. The deterioration of the component...... is simulated, and the expected costs are found for different strategies. An application example shows that condition based maintenance has the potential of reducing the costs, and a risk based approach can be used to find the optimal strategy for O&M. Further the influence of failure rate and damage parameters...

Nearshore Versus Offshore: Comparative Cost and Competitive Advantages

DEFF Research Database (Denmark)

Klinge Jacobsen, Henrik; Hevia Koch, Pablo Alejandro; Wolter, Christoph

2016-01-01

Currently there exist high expectations for the development of wind energy, particularly in Europe, out of which offshore wind turbine developments will be central as tools to achieve current energy targets. The choice between nearshore and (far)-offshore is particularly relevant, both because of...... of increased public resistance due to visual disamenities produced by nearshore projects, and because of the potential cost reduction benefits attained by building wind farms closer to the shore....

Global long-term cost dynamics of offshore wind electricity generation

NARCIS (Netherlands)

Gernaat, David E H J; Van Vuuren, Detlef P.; Van Vliet, Jasper; Sullivan, Patrick; Arent, Douglas J.

2014-01-01

Using the IMAGE/TIMER (The Targets IMage Energy Regional) long-term integrated assessment model, this paper explores the regional and global potential of offshore wind to contribute to global electricity production. We develop long-term cost supply curve for offshore wind, a representation of the

Potential Offshore Wind Energy Areas in California: An Assessment of Locations, Technology, and Costs

Energy Technology Data Exchange (ETDEWEB)

Musial, Walter [National Renewable Energy Lab. (NREL), Golden, CO (United States); Beiter, Philipp [National Renewable Energy Lab. (NREL), Golden, CO (United States); Tegen, Suzanne [National Renewable Energy Lab. (NREL), Golden, CO (United States); Smith, Aaron [National Renewable Energy Lab. (NREL), Golden, CO (United States)

2016-12-01

This report summarizes a study of possible offshore wind energy locations, technologies, and levelized cost of energy in the state of California between 2015 and 2030. The study was funded by the U.S. Department of the Interior's Bureau of Ocean Energy Management (BOEM), the federal agency responsible for regulating renewable energy development on the Outer Continental Shelf. It is based on reference wind energy areas where representative technology and performance characteristics were evaluated. These reference areas were identified as sites that were suitable to represent offshore wind cost and technology based on physical site conditions, wind resource quality, known existing site use, and proximity to necessary infrastructure. The purpose of this study is to assist energy policy decision-making by state utilities, independent system operators, state government officials and policymakers, BOEM, and its key stakeholders. The report is not intended to serve as a prescreening exercise for possible future offshore wind development.

Offshoring and Outsourcing of R&D and Business Activities in Canadian Technology Firms

Directory of Open Access Journals (Sweden)

Ajax Persaud

2013-09-01

Full Text Available A substantial amount of empirical research has been conducted on the offshoring/outsourcing practices of U.S., European, South Korean, and Japanese technology firms. However, there is very little research evidence on the strategies of Canadian firms. This leaves a gap in the literature that we aim to fulfill by providing empirical evidence of the practice among Canadian manufacturing firms. The evidence presented is based on t he 2009Survey of Innovation and Business Strategy conducted by Statistics Canada.  This survey provides the largest and most comprehensive data in Canada on this topic.  The data suggest that only a very small proportion of Canadian manufacturing firms offshore/outsource their R&D and other business activities and only a select few countries. The primary motivations for Canadian firms to offshore/outsource their R&D and business activities are to reduce costs and to gain access to new markets. The managerial, policy, and research implications of the results are discussed.

How Expensive Is Expensive Enough? Opportunities for Cost Reductions in Offshore Wind Energy Logistics

DEFF Research Database (Denmark)

Poulsen, Thomas; Hasager, Charlotte Bay

2016-01-01

This paper reveals that logistics may conservatively amount to 18% of the levelized cost of energy for offshore wind farms. This is the key finding from an extensive case study carried out within the organization of the world’s leading offshore wind farm developer and operator. The case study aimed...... to, and produced, a number of possible opportunities for offshore wind cost reductions through logistics innovation; however, within the case study company, no company-wide logistics organization existed to focus horizontally on reducing logistics costs in general. Logistics was not well defined...... within the case study company, and a logistics strategy did not exist. With full life-cycle costs of offshore wind farms still high enough to present a political challenge within the European Union in terms of legislation to ensure offshore wind diffusion beyond 2020, our research presents logistics...

Cost-efficient foundation structures for large offshore wind farms

International Nuclear Information System (INIS)

Birch, C.; Gormsen, C.; Lyngesen, S.; Rasmussen, J. L.; Juhl, H.

1997-01-01

This paper presents the results of the development of a cost-efficient foundation for large (1.5 MW) offshore wind farms at water depth of 5 to 11 m. Previously, medium sized wind turbines (500 kW) in Denmark have been installed offshore at water depths of approximately 5 m on concrete gravity foundations. The installation of larger turbines at greater depth does, however, hold great promise in terms of wind environment and environmental considerations. The costs of a traditional gravity foundation at these increased water depths is expected to be prohibitive, and the aim of the project has been to reduce the foundations costs in general. This paper describes the theoretical basis for the geotechnical and structural design of three alternative concepts and presents an optimised layout of each based on a research and development project. The basis has been a wind farm consisting of 100 turbines. The R and D project has been undertaken by the consulting engineers Nellemann, Nielsen and Rauschenberger A/S (Gravity foundation), LICengineering A/S (Mono pile) and Ramboell (Tripod) in co-operation with the Danish utility engineering companies Elkraft and Elsamprojekt A/S. The project was partly financed by the participants and by the Danish Energy Agency through their 1996 Energy Research Programme (EFP-96). (au) 18 refs

Unravelling historical cost developments of offshore wind energy in Europe

NARCIS (Netherlands)

Voormolen, J. A.; Junginger, H. M.; van Sark, W. G J H M

2016-01-01

This paper aims to provide insights in the cost developments of offshore wind energy in Europe. This is done by analysing 46 operational offshore wind farms commissioned after 2000. An increase of the Capital Expenditures (CAPEX) is found that is linked to the distance to shore and depth of more

How Expensive Is Expensive Enough? Opportunities for Cost Reductions in Offshore Wind Energy Logistics

Directory of Open Access Journals (Sweden)

Thomas Poulsen

2016-06-01

Full Text Available This paper reveals that logistics may conservatively amount to 18% of the levelized cost of energy for offshore wind farms. This is the key finding from an extensive case study carried out within the organization of the world’s leading offshore wind farm developer and operator. The case study aimed to, and produced, a number of possible opportunities for offshore wind cost reductions through logistics innovation; however, within the case study company, no company-wide logistics organization existed to focus horizontally on reducing logistics costs in general. Logistics was not well defined within the case study company, and a logistics strategy did not exist. With full life-cycle costs of offshore wind farms still high enough to present a political challenge within the European Union in terms of legislation to ensure offshore wind diffusion beyond 2020, our research presents logistics as a next frontier for offshore wind constituencies. This important area of the supply chain is ripe to academically and professionally cultivate and harvest in terms of offshore wind energy cost reductions. Our paper suggests that a focused organizational approach for logistics both horizontally and vertically within the company organizations could be the way forward, coupled with a long-term legislative environment to enable the necessary investments in logistics assets and transport equipment.

Improving hospital cost accounting with activity-based costing.

Science.gov (United States)

Chan, Y C

1993-01-01

In this article, activity-based costing, an approach that has proved to be an improvement over the conventional costing system in product costing, is introduced. By combining activity-based costing with standard costing, health care administrators can better plan and control the costs of health services provided while ensuring that the organization's bottom line is healthy.

Risk-Based Operation and Maintenance of Offshore Wind Turbines

DEFF Research Database (Denmark)

Nielsen, Jannie Jessen; Sørensen, John Dalsgaard

2009-01-01

For offshore wind turbines costs to operation and maintenance are substantial. This paper describes a risk-based lifecycle approach for optimal planning of operation and maintenance. The approach is based on pre-posterior Bayesian decision theory. Deterioration mechanisms such as fatigue, corrosion...

Activity-Based Costing: A Cost Management Tool.

Science.gov (United States)

Turk, Frederick J.

1993-01-01

In college and university administration, overhead costs are often charged to programs indiscriminately, whereas the support activities that underlie those costs remain unanalyzed. It is time for institutions to decrease ineffective use of resources. Activity-based management attributes costs more accurately and can improve efficiency. (MSE)

A Spatial-Economic Cost-Reduction Pathway Analysis for U.S. Offshore Wind Energy Development from 2015-2030

Energy Technology Data Exchange (ETDEWEB)

Beiter, Philipp; Stehly, Tyler

2016-10-05

The potential for cost reduction and economic viability for offshore wind varies considerably within the United States. This analysis models the cost impact of a range of offshore wind locational cost variables across more than 7,000 potential coastal sites in the United States' offshore wind resource area. It also assesses the impact of over 50 technology innovations on potential future costs between 2015 and 2027 (Commercial Operation Date) for both fixed-bottom and floating wind systems. Comparing these costs to an initial assessment of local avoided generating costs, this analysis provides a framework for estimating the economic potential for offshore wind. Analyzing economic potential within this framework can help establish a refined understanding across industries of the technology and site-specific risks and opportunities associated with future offshore wind development. The findings from the original report indicate that under the modeled scenario, offshore wind can be expected to achieve significant cost reductions and may approach economic viability in some parts of the United States within the next 15 years.

Benefits of Risk Based Inspection Planning for Offshore Structures

DEFF Research Database (Denmark)

Straub, D.M.; Goyet, J.; Sørensen, John Dalsgaard

2006-01-01

The economical benefits of applying risk-based inspection planning (RBI) for offshore structures subject to fatigue are evaluated based on experiences from past industrial projects. To this end, the factors influencing the cost of inspection, repair and failure of structures are discussed......, the financial benefit of RBI is assessed....

Offshore Wind Resource, Cost, and Economic Potential in the State of Maine

Energy Technology Data Exchange (ETDEWEB)

Musial, Walter D. [National Renewable Energy Lab. (NREL), Golden, CO (United States)

2018-02-12

This report provides information for decision-makers about floating offshore wind technologies in the state of Maine. It summarizes research efforts performed at the National Renewable Energy Laboratory between 2015 and 2017 to analyze the resource potential, cost of offshore wind, and economic potential of offshore wind from four primary reports: Musial et al. (2016); Beiter et al. (2016, 2017); and Mone et al. (unpublished). From Musial et al. (2016), Maine's technical offshore wind resource potential ranked seventh in the nation overall with more than 411 terawatt-hours/year of offshore resource generating potential. Although 90% of this wind resource is greater than 9.0-meters-per-second average velocity, most of the resource is over deep water, where floating wind technology is needed. Levelized cost of energy and levelized avoided cost of energy were computed to estimate the unsubsidized 'economic potential' for Maine in the year 2027 (Beiter et al. 2016, 2017). The studies found that Maine may have 65 gigawatts of economic potential by 2027, the highest of any U.S. state. Bottom-line costs for the Aqua Ventus project, which is part of the U.S. Department of Energy's Advanced Technology Demonstration project, were released from a proprietary report written by NREL in 2016 for the University of Maine (Mone et al. unpublished). The report findings were that economies of scale and new technology advancements lowered the cost from $300/megawatt-hour (MWh) for the two-turbine 12-megawatt (MW) Aqua Ventus 1 project, to $126/MWh for the commercial-scale, 498-MW Aqua Ventus-2 project. Further cost reductions to $77/MWh were found when new technology advancements were applied for the 1,000-MW Aqua Ventus-3 project in 2030. No new analysis was conducted for this report.

Fine Slicing of the Value Chain and Offshoring of Essential Activities

DEFF Research Database (Denmark)

Linares-Navarro, Esmeralda; Pedersen, Torben; Pla-Barber, José

2014-01-01

The offshoring of more advanced activities is increasing and a debate about the limits of offshoring has emerged. Companies are fine-slicing their value chains, and moving beyond the offshoring of peripheral and non-core activities to the offshoring of advanced and essential activities that are c......The offshoring of more advanced activities is increasing and a debate about the limits of offshoring has emerged. Companies are fine-slicing their value chains, and moving beyond the offshoring of peripheral and non-core activities to the offshoring of advanced and essential activities...... that companies are redefining their core activities and in this process, some essential activities previously viewed as core activities are being detached from the core, and they become more offshorable. The study uses a sample of 565 offshoring operations conducted by 263 multinational companies from 15...... European countries. A logistic regression was used to analyze the relationship between the activities offshored (non-core versus essential activities) and the offshoring mode implemented (captive offshoring versus offshore outsourcing). We find that essential activities are typically offshored using...

Large-scale offshore wind energy. Cost analysis and integration in the Dutch electricity market

International Nuclear Information System (INIS)

De Noord, M.

1999-02-01

The results of analysis of the construction and integration costs of large-scale offshore wind energy (OWE) farms in 2010 are presented. The integration of these farms (1 and 5 GW) in the Dutch electricity distribution system have been regarded against the background of a liberalised electricity market. A first step is taken for the determination of costs involved in solving integration problems. Three different types of foundations are examined: the mono-pile, the jacket and a new type of foundation: the concrete caisson pile: all single-turbine-single-support structures. For real offshore applications (>10 km offshore, at sea-depths >20 m), the concrete caisson pile is regarded as the most suitable. The price/power ratios of wind turbines are analysed. It is assumed that in 2010 turbines in the power range of 3-5 MW are available. The main calculations have been conducted for a 3 MW turbine. The main choice in electrical infrastructure is for AC or DC. Calculations show that at distances of 30 km offshore and more, the use of HVDC will result in higher initial costs but lower operating costs. The share of operating and maintenance (O ampersand M) costs in the kWh cost price is approximately 3.3%. To be able to compare the two farms, a base case is derived with a construction time of 10 years for both. The energy yield is calculated for a wind regime offshore of 9.0 m/s annual mean wind speed. Per 3 MW turbine this results in an annual energy production of approximately 12 GWh. The total farm efficiency amounts to 82%, resulting in a total farm capacity factor of 38%. With a required internal rate of return of 15%, the kWh cost price amounts to 0.24 DFl and 0.21 DFl for the 1 GW and 5 GW farms respectively in the base case. The required internal rate of return has a large effect on the kWh cost price, followed by costs of subsystems. O ampersand M costs have little effect on the cost price. Parameter studies show that a small cost reduction of 5% is possible when

A Spatial-Economic Cost-Reduction Pathway Analysis for U.S. Offshore Wind Energy Development from 2015–2030

Energy Technology Data Exchange (ETDEWEB)

Beiter, Philipp [National Renewable Energy Lab. (NREL), Golden, CO (United States); Musial, Walter [National Renewable Energy Lab. (NREL), Golden, CO (United States); Smith, Aaron [National Renewable Energy Lab. (NREL), Golden, CO (United States); Kilcher, Levi [National Renewable Energy Lab. (NREL), Golden, CO (United States); Damiani, Rick [National Renewable Energy Lab. (NREL), Golden, CO (United States); Maness, Michael [National Renewable Energy Lab. (NREL), Golden, CO (United States); Sirnivas, Senu [National Renewable Energy Lab. (NREL), Golden, CO (United States); Stehly, Tyler [National Renewable Energy Lab. (NREL), Golden, CO (United States); Gevorgian, Vahan [National Renewable Energy Lab. (NREL), Golden, CO (United States); Mooney, Meghan [National Renewable Energy Lab. (NREL), Golden, CO (United States); Scott, George [National Renewable Energy Lab. (NREL), Golden, CO (United States)

2016-09-01

This report describes a comprehensive effort undertaken by the National Renewable Energy Laboratory (NREL) to understand the cost of offshore wind energy for markets in the United States. The study models the cost impacts of a range of offshore wind locational cost variables for more than 7,000 potential coastal sites in U.S. offshore wind resource areas. It also assesses the impact of more than 50 technology innovations on potential future costs for both fixed-bottom and floating wind systems. Comparing these costs to an initial site-specific assessment of local avoided generating costs, the analysis provides a framework for estimating the economic potential for offshore wind. The analysis is intended to inform a broad set of stakeholders and enable an assessment of offshore wind as part of energy development and energy portfolio planning. It provides information that federal and state agencies and planning commissions could use to inform initial strategic decisions about offshore wind developments in the United States.

Bayesian based Prognostic Model for Predictive Maintenance of Offshore Wind Farms

DEFF Research Database (Denmark)

Asgarpour, Masoud; Sørensen, John Dalsgaard

2018-01-01

The operation and maintenance costs of offshore wind farms can be significantly reduced if existing corrective actions are performed as efficient as possible and if future corrective actions are avoided by performing sufficient preventive actions. In this paper a prognostic model for degradation...... monitoring, fault prediction and predictive maintenance of offshore wind components is defined. The diagnostic model defined in this paper is based on degradation, remaining useful lifetime and hybrid inspection threshold models. The defined degradation model is based on an exponential distribution...

Bayesian based Prognostic Model for Predictive Maintenance of Offshore Wind Farms

DEFF Research Database (Denmark)

Asgarpour, Masoud; Sørensen, John Dalsgaard

2018-01-01

monitoring, fault prediction and predictive maintenance of offshore wind components is defined. The diagnostic model defined in this paper is based on degradation, remaining useful lifetime and hybrid inspection threshold models. The defined degradation model is based on an exponential distribution......The operation and maintenance costs of offshore wind farms can be significantly reduced if existing corrective actions are performed as efficient as possible and if future corrective actions are avoided by performing sufficient preventive actions. In this paper a prognostic model for degradation...

Bayesian based Prognostic Model for Predictive Maintenance of Offshore Wind Farms

DEFF Research Database (Denmark)

Asgarpour, Masoud

2017-01-01

monitoring, fault detection and predictive maintenance of offshore wind components is defined. The diagnostic model defined in this paper is based on degradation, remaining useful lifetime and hybrid inspection threshold models. The defined degradation model is based on an exponential distribution......The operation and maintenance costs of offshore wind farms can be significantly reduced if existing corrective actions are performed as efficient as possible and if future corrective actions are avoided by performing sufficient preventive actions. In this paper a prognostic model for degradation...

Application of an advanced cost model in the different design phases of an offshore wind turbine

Energy Technology Data Exchange (ETDEWEB)

Hendriks, H.B.; Lindenburg, C.; Kooijman, H.J.T.; Bulder, B.H. [ECN Wind, Petten (Netherlands); Bozelie, J.; Madsen, J.B. [NEG Micon Holland, Rhenen (Netherlands); Halfschepel, R. [Van Oord ACZ, Gorinchem (Netherlands); Molenaar, W. [Ballast Nedam, Amstelveen (Netherlands); Van den Berg, R. [LM Glasfiber Holland, Heerhugowaard (Netherlands); Zaaijer, M. [TU-Delft, Delft (Netherlands)

2001-09-01

The goal of the Dutch Offshore Wind Energy Converter (DOWEC) consortium is to develop concepts and technology in order to make large scale offshore wind energy economically feasible. The overall DOWEC development comprises of the design, the construction, and the prototype testing. Onshore testing of a 3 MW research and development prototype is scheduled for the end of 2002. The DOWEC Concept Study aims at the choice of the optimal wind turbine concept. The wind turbine will not be treated as an isolated system. Designs of different wind turbine concepts will be evaluated as an integral part of the complete large-scale offshore wind farm. All significant properties like the structural loads, the power performance, the system reliability, the costs of the electric infrastructure, maintenance costs and installation costs is determined for the optimised designs. A quantitative ranking is then based on the cost of energy generated. Furthermore qualitative criteria like development risk and market potential will be taken into consideration when finalising the choice of concept. An advanced cost model is being developed to facilitate the above evaluation on basis of estimated energy generating costs for each concept. The same methodology will also be used in the system and detail design phase. This paper describes the DOWEC project in general, focusing at the cost modelling aspects including some preliminary results. 4 refs.

Cost reductions for offshore wind power. Exploring the balance between scaling, learning and R and D

International Nuclear Information System (INIS)

Van der Zwaan, B.; Rivera-Tinoco, R.; Lensink, S.; Van den Oosterkamp, P.

2012-01-01

Offshore wind electricity generation is prospected to increase substantially in the near future at a number of locations, like in the Baltic, Irish and North Sea, and emerge at several others. The global growth of offshore wind technology is likely to be accompanied by reductions in wind park construction costs, both as a result of scaling and learning effects. Since 2005, however, significant cost increases have been observed. A recent surge in commodity prices proves to constitute one of the main drivers of these cost increases. This observation begs the question whether wind turbine manufacturers should return to the laboratory for undertaking R and D that explores the use of alternative materials and bring offshore wind energy closer to competitiveness. It is demonstrated that if one abstracts from material price fluctuations, in particular for metals such as copper and steel, turbine production plus installation cost data publicly available for a series of offshore wind park projects (realized in several European countries since the 1990's) show a cost reduction trend. Hence various other sources of cost increases, such as due to the progressively larger distances from the shore (and correspondingly greater depths at sea) at which wind parks have been (and will be) built, are outshadowed by cost reduction effects. When one expresses the overall cost development for offshore wind energy capacity as an experience curve, a learning rate is found of 3%, which reflects a mixture of economies-of-scale and learning-by-doing mechanisms. Also the impact is quantified on offshore wind power construction costs from the recent tightness in the market for turbine manufacturing and installation services: without the demand-supply response inertia at the origin of this tightness it is estimated that the learning rate would be 5%. Since these learning rates are relatively low - in comparison to those observed for other technologies, and in view of the high current capacity

Optimal, Risk-based Operation and Maintenance Planning for Offshore Wind Turbines

DEFF Research Database (Denmark)

Sørensen, John Dalsgaard

2008-01-01

For offshore wind turbines costs to operation and maintenance are substantial. This paper describes a risk-based life-cycle approach for optimal planning of operation and maintenance. The approach is based on pre-posterior Bayesian decision theory. Deterioration mechanisms such as fatigue...

Industrializing Offshore Wind Power with Serial Assembly and Lower-cost Deployment - Final Report

Energy Technology Data Exchange (ETDEWEB)

Kempton, Willett [Univ. of Delaware, Newark, DE (United States)

2017-12-11

A team of engineers and contractors has developed a method to move offshore wind installation toward lower cost, faster deployment, and lower environmental impact. A combination of methods, some incremental and some breaks from past practice, interact to yield multiple improvements. Three designs were evaluated based on detailed engineering: 1) a 5 MW turbine on a jacket with pin piles (base case), 2) a 10 MW turbine on a conventional jacket with pin piles, assembled at sea, and 3) a 10 MW turbine on tripod jacket with suction buckets (caissons) and with complete turbine assembly on-shore. The larger turbine, assembly ashore, and the use of suction buckets together substantially reduce capital cost of offshore wind projects. Notable capital cost reductions are: changing from 5 MW to 10 MW turbine, a 31% capital cost reduction, and assembly on land then single-piece install at sea an additional 9% capital cost reduction. An estimated Design 4) estimates further cost reduction when equipment and processes of Design 3) are optimized, rather than adapted to existing equipment and process. Cost of energy for each of the four Designs are also calculated, yielding approximately the same percentage reductions. The methods of Design 3) analyzed here include accepted structures such as suction buckets used in new ways, innovations conceived but previously without engineering and economic validation, combined with new methods not previously proposed. Analysis of Designs 2) and 3) are based on extensive engineering calculations and detailed cost estimates. All design methods can be done with existing equipment, including lift equipment, ports and ships (except that design 4 assumes a more optimized ship). The design team consists of experienced offshore structure designers, heavy lift engineers, wind turbine designers, vessel operators, and marine construction contractors. Comparing the methods based on criteria of cost and deployment speed, the study selected the third design

Installation, Operation, and Maintenance Strategies to Reduce the Cost of Offshore Wind Energy

Energy Technology Data Exchange (ETDEWEB)

Maples, B. [National Renewable Energy Lab. (NREL), Golden, CO (United States); Saur, G. [National Renewable Energy Lab. (NREL), Golden, CO (United States); Hand, M. [National Renewable Energy Lab. (NREL), Golden, CO (United States); van de Pietermen, R. [Energy Research Center of the Netherlands (Netherlands); Obdam, T. [Energy Research Center of the Netherlands (Netherlands)

2013-07-01

Currently, installation, operation, and maintenance (IO&M) costs contribute approximately 30% to the LCOE of offshore wind plants. To reduce LCOE while ensuring safety, this paper identifies principal cost drivers associated with IO&M and quantifies their impacts on LCOE. The paper identifies technology improvement opportunities and provides a basis for evaluating innovative engineering and scientific concepts developed subsequently to the study. Through the completion of a case study, an optimum IO&M strategy for a hypothetical offshore wind project is identified.

Reliability-Based Design and Planning of Inspection and Monitoring of Offshore Wind Turbines

DEFF Research Database (Denmark)

Marquez-Dominguez, Sergio

Maintaining and developing a sustainable wind industry is the main motivation of this PhD thesis entitled “Reliability-based design and planning of inspection and monitoring of offshore wind turbines”. In this thesis, statistical methods and probability theory are important mathematical tools used...... and offshore wind turbine foundations with the aim of improving the design, decreasing structural costs and increasing benefits. Recently, wind energy technology has started to adopt risk and reliability based inspection planning (RBI) as a methodology based on Bayesian decision theories together...

Risk-Based Operation and Maintenance of Offshore Wind Turbines

DEFF Research Database (Denmark)

Nielsen, Jannie Sønderkær

For offshore wind turbines, maintenance costs are substantial due to a large number of component failures. In addition to the repair costs, equipment costs and lost production costs are large due to limited accessibility to the turbines. In order to reduce the costs, preventive methods can be used......, but presently maintenance is not planned using advanced methods taking all available information into account in a consistent manner. Maintenance decisions can be made based on risk-based methods, where the total expected life cycle costs are minimized. Methods have been developed for assessing the corrective...... maintenance costs, and many studies have also been published for preventive maintenance. However, an important part is the modeling of the relationship between maintenance and reliability, which is typically not modeled in a consistent way. Therefore, the methods cannot be used directly for optimal...

Time-driven activity based costing: a comparative study with the activity based costing

Directory of Open Access Journals (Sweden)

Marina Battistella Luna

2017-06-01

Full Text Available The activity-based costing (ABC emerged in the 1980s to meet the new necessities of cost information facing companies, the result of continuous changes in the business environment. In the 2000s, a new costing method, known as time-driven activity-based costing (TDABC was introduced in order to simplify the ABC. This paper compares these methods in order to provide information to assist managers to decide which of these methods better suits the reality of their companies. Therefore, they were analyzed based on information obtained through a systematic search in the Scopus and Web of Knowledge databases, as well as papers from the annals of the Congresso Brasileiro de Custos, Congresso de Controladoria e Contabilidade da USP and Encontro Nacional de Engenharia de Produção (considering scientific papers published between 2004 and 2016. From this analysis, in most cases it was concluded that TDABC is a simpler and more practical option than ABC. However, it was also apparent that managers, before choosing a particular method, must verify whether the conditions that enable its applicability exist.

Activity – based costing method

Directory of Open Access Journals (Sweden)

Èuchranová Katarína

2001-06-01

Full Text Available Activity based costing is a method of identifying and tracking the operating costs directly associated with processing items. It is the practice of focusing on some unit of output, such as a purchase order or an assembled automobile and attempting to determine its total as precisely as poccible based on the fixed and variable costs of the inputs.You use ABC to identify, quantify and analyze the various cost drivers (such as labor, materials, administrative overhead, rework. and to determine which ones are candidates for reduction.A processes any activity that accepts inputs, adds value to these inputs for customers and produces outputs for these customers. The customer may be either internal or external to the organization. Every activity within an organization comprimes one or more processes. Inputs, controls and resources are all supplied to the process.A process owner is the person responsible for performing and or controlling the activity.The direction of cost through their contact to partial activity and processes is a new modern theme today. Beginning of this method is connected with very important changes in the firm processes.ABC method is a instrument , that bring a competitive advantages for the firm.

Filmless versus film-based systems in radiographic examination costs: an activity-based costing method

Directory of Open Access Journals (Sweden)

Sase Yuji

2011-09-01

Full Text Available Abstract Background Since the shift from a radiographic film-based system to that of a filmless system, the change in radiographic examination costs and costs structure have been undetermined. The activity-based costing (ABC method measures the cost and performance of activities, resources, and cost objects. The purpose of this study is to identify the cost structure of a radiographic examination comparing a filmless system to that of a film-based system using the ABC method. Methods We calculated the costs of radiographic examinations for both a filmless and a film-based system, and assessed the costs or cost components by simulating radiographic examinations in a health clinic. The cost objects of the radiographic examinations included lumbar (six views, knee (three views, wrist (two views, and other. Indirect costs were allocated to cost objects using the ABC method. Results The costs of a radiographic examination using a filmless system are as follows: lumbar 2,085 yen; knee 1,599 yen; wrist 1,165 yen; and other 1,641 yen. The costs for a film-based system are: lumbar 3,407 yen; knee 2,257 yen; wrist 1,602 yen; and other 2,521 yen. The primary activities were "calling patient," "explanation of scan," "take photographs," and "aftercare" for both filmless and film-based systems. The cost of these activities cost represented 36.0% of the total cost for a filmless system and 23.6% of a film-based system. Conclusions The costs of radiographic examinations using a filmless system and a film-based system were calculated using the ABC method. Our results provide clear evidence that the filmless system is more effective than the film-based system in providing greater value services directly to patients.

Filmless versus film-based systems in radiographic examination costs: an activity-based costing method.

Science.gov (United States)

Muto, Hiroshi; Tani, Yuji; Suzuki, Shigemasa; Yokooka, Yuki; Abe, Tamotsu; Sase, Yuji; Terashita, Takayoshi; Ogasawara, Katsuhiko

2011-09-30

Since the shift from a radiographic film-based system to that of a filmless system, the change in radiographic examination costs and costs structure have been undetermined. The activity-based costing (ABC) method measures the cost and performance of activities, resources, and cost objects. The purpose of this study is to identify the cost structure of a radiographic examination comparing a filmless system to that of a film-based system using the ABC method. We calculated the costs of radiographic examinations for both a filmless and a film-based system, and assessed the costs or cost components by simulating radiographic examinations in a health clinic. The cost objects of the radiographic examinations included lumbar (six views), knee (three views), wrist (two views), and other. Indirect costs were allocated to cost objects using the ABC method. The costs of a radiographic examination using a filmless system are as follows: lumbar 2,085 yen; knee 1,599 yen; wrist 1,165 yen; and other 1,641 yen. The costs for a film-based system are: lumbar 3,407 yen; knee 2,257 yen; wrist 1,602 yen; and other 2,521 yen. The primary activities were "calling patient," "explanation of scan," "take photographs," and "aftercare" for both filmless and film-based systems. The cost of these activities cost represented 36.0% of the total cost for a filmless system and 23.6% of a film-based system. The costs of radiographic examinations using a filmless system and a film-based system were calculated using the ABC method. Our results provide clear evidence that the filmless system is more effective than the film-based system in providing greater value services directly to patients.

Conference 'onshore and offshore wind energy cost reduction: challenges and opportunities for the industry in France and in Germany'

International Nuclear Information System (INIS)

Abadie, Pierre-Marie; Hinsch, Thomas; Wallasch, Anna-Kathrin; Giese, Norbert; Guyet, Quentin; Lenhardt, Edouard; Beinke, Thies; Bodenstab, Marc; Wolff, Nicolas; Burkhardt, Claus; Lessmeister, Andreas L.

2012-01-01

The French-German office for Renewable energies (OFAEnR) organised a conference on cost reduction in onshore and offshore wind energy. In the framework of this French-German exchange of experience, about 140 participants exchanged views on the cost allocation in onshore wind energy projects, on their financing, and on the transport and logistics profitability challenges. Concrete examples of operating and maintenance cost reductions in offshore wind energy projects were presented as well. This document brings together the available presentations (slides) made during this event: 1 - Overview of France's onshore and offshore wind support policies (Pierre-Marie Abadie); 2 - Keynote: Framework conditions for cost reductions in the German wind energy sector (Thomas Hinsch); 3 - Cost of onshore wind energy projects in Germany - Status and experience feedback (Anna-Kathrin Wallasch); 4 - Crown estate's Offshore Wind Cost Reduction Pathways Study: how to transpose the conclusions to the German case (Norbert Giese); 5 - Combined Forces for Reliable Supply Chain - French-German Convergence of expertise: strategic partnerships for offshore projects implementation (Quentin Guyet, Edouard Lenhardt); 6 - Reducing costs of onshore and offshore wind energy. Mon2Sea research project - Real-time monitoring of transport and cargo handling of components for the offshore installation of wind turbines (Thies Beinke, Marc Bodenstab); 7 - expertise, Innovation and reduction of cost of energy: Vestas experience (Nicolas Wolff); 8 - Far-Offshore-Wind projects. Results of the First German Offshore Windpark alpha ventus (Claus Burkhardt); 9 - Maintenance for Offshore-Wind parks: examples and good practices for the future (Andreas L. Lessmeister)

Study of the costs of offshore wind generation: a report to the Renewables Advisory Board and DTI (Dept. of Trade and Industry)

Energy Technology Data Exchange (ETDEWEB)

NONE

2007-03-12

This study was commissioned by the Department of Trade and Industry (DTI) to provide an estimation of the future costs of offshore wind generation, and the potential for cost reductions in the future. Currently, given the strong market demand for wind turbines and cables, project costs are rising for an industry that is already borderline in terms of economical viability. Hence, the industry and the Government needs to be convinced that there is potential to make this industry more economically attractive and to ensure that it is able to contribute to meet future UK targets of energy from renewable sources. The focus of this report is on the Offshore Design Engineering Ltd. (ODE) Offshore Wind Farm Cost Model, which was specifically developed to allow specific estimates of future wind generation costs to be produced and to allow the user to carry out 'what if' scenarios for changes in the primary trends. Following extensive research six parameters were identified has having the most significant effect on overall project costs. Those are supply and demand, steel costs, copper costs, the effect of learning, research and development and supply and demand of turbines. These trends have been developed based on, where applicable, historical data, previous study work and an extensive Industry Research carried out by ODE. Three trend lines were identified for each trend, a normalised trend line which ODE perceived would be the most likely, and an upper and lower bound. The cost model is based on a level 2 schedule with calculated and fixed costs and durations to individual activities. These costs and durations have been based on information garnered from representatives right across the industry from developers to financiers to cable manufacturers to installation contractors. In parallel with the cost model, a structural study was run with the aim of identifying foundation weights with varying water depths and soil types. It was determined that the monopile, the

Activity based costing the performance breakthrough

CERN Document Server

Turney, Peter B B

1996-01-01

Activity-based costing is a method of measuring the cost and performance of activities, products and customers. It is increasingly being seen as a more accurate method of costing than conventional costing systems, which are being superseded by the fact that automation means that direct material and labour consumption is now a far less accurate means of apportioning overheads. This practical book outlines why conventional cost systems fail, before going on to cover the advantages of activity-based costing, and describing how to put the system in place successfully, and how to apply the lessons learnt quickly. The book takes the reader step-by-step through the various processes involved, from setting up the system, through its operation, to evaluation of the results.

A Comparative Analysis of Activity-Based Costing and Traditional Costing

OpenAIRE

Derya Eren Akyol; Gonca Tuncel; G. Mirac Bayhan

2007-01-01

Activity-Based Costing (ABC) which has become an important aspect of manufacturing/service organizations can be defined as a methodology that measures the cost and performance of activities, resources and cost objects. It can be considered as an alternative paradigm to traditional cost-based accounting systems. The objective of this paper is to illustrate an application of ABC method and to compare the results of ABC with traditional costing methods. The results of the application highlight t...

Bayesian Based Diagnostic Model for Condition Based Maintenance of Offshore Wind Farms

Directory of Open Access Journals (Sweden)

Masoud Asgarpour

2018-01-01

Full Text Available Operation and maintenance costs are a major contributor to the Levelized Cost of Energy for electricity produced by offshore wind and can be significantly reduced if existing corrective actions are performed as efficiently as possible and if future corrective actions are avoided by performing sufficient preventive actions. This paper presents an applied and generic diagnostic model for fault detection and condition based maintenance of offshore wind components. The diagnostic model is based on two probabilistic matrices; first, a confidence matrix, representing the probability of detection using each fault detection method, and second, a diagnosis matrix, representing the individual outcome of each fault detection method. Once the confidence and diagnosis matrices of a component are defined, the individual diagnoses of each fault detection method are combined into a final verdict on the fault state of that component. Furthermore, this paper introduces a Bayesian updating model based on observations collected by inspections to decrease the uncertainty of initial confidence matrix. The framework and implementation of the presented diagnostic model are further explained within a case study for a wind turbine component based on vibration, temperature, and oil particle fault detection methods. The last part of the paper will have a discussion of the case study results and present conclusions.

Socio-economic Impacts—Offshore Activities/Energy

DEFF Research Database (Denmark)

Halsnæs, Kirsten; Drews, Martin; Clausen, Niels-Erik

2016-01-01

sector and renewable electricity generation—mainly from offshore wind—is increasing. Energy and offshore activities in the North Sea are critically vulnerable to climate change along the full supply chain. The major vulnerabilities for offshore installations like rigs, offshore wind energy and pipelines......, it is highly uncertain how much the future potential of other renewable energy sources such as wind, solar, terrestrial biomass, or emerging technologies like wave, tidal or marine biomass could be positively or negatively affected. Due to the different national energy supply mixes the vulnerability to climate......-related impacts will vary among North Sea countries. To ensure safe and reliable future operations comprehensive and systematic risk assessments are therefore needed which account for, for example, the high integration of power systems in the region....

Virginia Offshore Wind Cost Reduction Through Innovation Study (VOWCRIS) (Poster)

Energy Technology Data Exchange (ETDEWEB)

Maples, B.; Campbell, J.; Arora, D.

2014-10-01

The VOWCRIS project is an integrated systems approach to the feasibility-level design, performance, and cost-of-energy estimate for a notional 600-megawatt offshore wind project using site characteristics that apply to the Wind Energy Areas of Virginia, Maryland and North Carolina.

Offshore atomic power plants

International Nuclear Information System (INIS)

Anon.

1975-01-01

Various merits of offshore atomic power plants are illustrated, and their systems are assessed. The planning of the offshore atomic power plants in USA is reviewed, and the construction costs of the offshore plant in Japan were estimated. Air pollution problem may be solved by the offshore atomic power plants remarkably. Deep water at low temperature may be advantageously used as cooling water for condensers. Marine resources may be bred by building artificial habitats and by providing spring-up equipments. In the case of floating plants, the plant design can be standardized so that the construction costs may be reduced. The offshore plants can be classified into three systems, namely artificial island system, floating system and sea bottom-based system. The island system may be realized with the present level of civil engineering, but requires the development of technology for the resistance of base against earthquake and its calculation means. The floating system may be constructed with conventional power plant engineering and shipbuilding engineering, but the aseismatic stability of breakwater may be a problem to be solved. Deep water floating system and deep water submerging system are conceivable, but its realization may be difficult. The sea bottom-based system with large caissons can be realized by the present civil engineering, but the construction of the caissons, stability against earthquake and resistance to waves may be problems to be solved. The technical prediction and assessment of new plant sites for nuclear power plants have been reported by Science and Technology Agency in 1974. The construction costs of an offshore plant has been estimated by the Ministry of International Trade and Industry to be yen71,026/kW as of 1985. (Iwakiri, K.)

An Analysis Of Activity Based Costing Between Benefit And Cost For Its Implementation

Directory of Open Access Journals (Sweden)

Dadan Soekardan

2015-08-01

Full Text Available This research discusses how the importance of adopting activity-based costing for the company in order to carry out its business strategy. One objective is to implement activity based costing cost efficiency by cutting costs incurred for non-value added activity. But the phenomenon shows that there are still many companies organizations are not interested in adopting the activity based costing. This article also outlines the advantages and limitations in adopting activity based costing for the company.

On risk-based operation and maintenance of offshore wind turbine components

DEFF Research Database (Denmark)

Nielsen, Jannie Jessen; Sørensen, John Dalsgaard

2011-01-01

Operation and maintenance are significant contributors to the cost of energy for offshore wind turbines. Optimal planning could rationally be based on Bayesian pre-posterior decision theory, and all costs through the lifetime of the structures should be included. This paper contains a study...... of a generic case where the costs are evaluated for a single wind turbine with a single component. Costs due to inspections, repairs, and lost production are included in the model. The costs are compared for two distinct maintenance strategies, namely with and without inclusion of periodic imperfect...

Risk-based Operation and Maintenance for Offshore Wind Turbines

DEFF Research Database (Denmark)

Sørensen, John Dalsgaard; Nielsen, Jannie Jessen

2011-01-01

For offshore wind turbines, costs to Operation and Maintenance (OM) are substantial, and can be expected to increase when wind farms are placed at deeper water depths and in more harsh environments. Traditional strategies for OM include corrective and preventive (scheduled and condition...... statistics and costs of the different operations. The different OM strategies are described and compared in an illustrative example with focus on which types of information that are needed. Special focus is on comparison between risk-based maintenance strategies and the conventional maintenance planning...... and are often the driving mechanisms for failures / faults that need maintenance. Observations of the degree of damage can increase the reliability of predictions and decrease the costs of OM if integrated in a risk-based framework theoretically based on pre-posterior Bayesian decision theory. The mathematical...

Optimal Risk-Based Inspection Planning for Offshore Wind Turbines

DEFF Research Database (Denmark)

Rangel-Ramirez, Jose G.; Sørensen, John Dalsgaard

2008-01-01

, inspection and maintenance activities are developed. This paper considers aspects of inspection and maintenance planning of fatigue prone details in jacket and tripod types of wind turbine support structures. Based oil risk-based inspection planning methods used for oil & gas installations, a framework......Wind turbines for electricity production have increased significantly the last years both in production capability and size. This development is expected to continue also in the coining years. The Support structure for offshore wind turbines is typically a steel structure consisting of a tower...... for optimal inspection and maintenance planning of offshore wind turbines is presented. Special aspects for offshore wind turbines are considered: usually the wind loading are dominating the wave loading, wake effects in wind farms are important and the reliability level is typically significantly lower than...

Cost reduction potentials of offshore wind power in Germany; Kostensenkungspotenziale der Offshore-Windenergie in Deutschland

Energy Technology Data Exchange (ETDEWEB)

Hobohm, Jens; Krampe, Leonard; Peter, Frank [Prognos AG, Berlin (Germany). Bereich Energiewirtschaft

2014-01-15

Offshore wind power is a major hope for the German energy turnaround. However, it will only be possible to tap its cost reduction potentials if industry, the political leadership and the administrative authorities join forces to create the necessary preconditions. An important requirement for this capital-intensive technology are stable legal and political framework conditions. A recent study on the future shows what needs to be done.

Evaluation of activity-based costing versus resource-based relative value costing.

Science.gov (United States)

Berlin, Mark F; Smith, Tommy H

2004-01-01

Activity-based costing (ABC) and relative value units costing (RVU) are two approaches that a practice manager can use to determine the cost of physician services. Each costing approach has features that provide distinction as well as differentiation in the cost estimates that are estimated. This paper will provide cost estimates under each approach along with cost estimates under a hybrid approach that merges features from each costing approach known as the ABC-RVU costing technique. A comparison of the results will be provided.

Activity- Based Costing: An Application In The Olive Sector

OpenAIRE

Bekçioğlu, Selim; Gürel, Eymen; Kızılyalçın, D. Ali

2014-01-01

The purpose of the study named as “The Activity Based Costing: An Application in the Olive Sector” is the implementation of activity based costing in olive sector and the statement of the differences as regards to the traditional costing. The accepted basic hypothesis in the thesis is that the activity-based costing provides more accurate cost information than the traditional costing process. In this study initially comprehensive information about activity based costing is given and after th...

Pricing offshore wind power

International Nuclear Information System (INIS)

Levitt, Andrew C.; Kempton, Willett; Smith, Aaron P.; Musial, Walt; Firestone, Jeremy

2011-01-01

Offshore wind offers a very large clean power resource, but electricity from the first US offshore wind contracts is costlier than current regional wholesale electricity prices. To better understand the factors that drive these costs, we develop a pro-forma cash flow model to calculate two results: the levelized cost of energy, and the breakeven price required for financial viability. We then determine input values based on our analysis of capital markets and of 35 operating and planned projects in Europe, China, and the United States. The model is run for a range of inputs appropriate to US policies, electricity markets, and capital markets to assess how changes in policy incentives, project inputs, and financial structure affect the breakeven price of offshore wind power. The model and documentation are made publicly available. - Highlights: → We calculate the Breakeven Price (BP) required to deploy offshore wind plants. → We determine values for cost drivers and review incentives structures in the US. → We develop 3 scenarios using today's technology but varying in industry experience. → BP differs widely by Cost Scenario; relative policy effectiveness varies by stage. → The low-range BP is below regional market values in the Northeast United States.

Seminar on Offshore Activities and Shipping. V. 7

International Nuclear Information System (INIS)

Mykletun, J.; Naerland, L.

1991-01-01

The publication presents proceedings from a conference addressing environmental challenges in connection with offshore activities and shipping. Fields being discussed are environmental protection management, and new or improved technologies being developed for controlling the air and water pollution level from tanker ships and offshore activities. 15 separate abstracts are prepared. 31 refs., 85 figs., 14 tabs

Offshore oil and gas activities in the PERD program

Energy Technology Data Exchange (ETDEWEB)

Billette, N. [Natural Resources Canada, Ottawa, ON (Canada). Office of Energy Research and Development

2001-07-01

Natural Resources Canada manages the Program of Energy Research and Development (PERD), which covers all but a few of non-nuclear energy areas. The aim of the Program is to focus on research and technology developments that support a dynamic and diversified energy supply, while encouraging industries to consume the energy efficiently. Twelve federal departments and agencies are stakeholders in energy research and development and the 57 million dollar annual budget is allocated amongst the stakeholders according to the priorities established. Each year, one-quarter of the program is evaluated externally and potential reallocation examined, a recent initiative implemented as part of a results-based management (RBM) system. Five federal departments and one agency carry out offshore research and development activities, touching the fields of basin assessment and geotechnics in the Canadian North and offshore East Coast, winds-wave-current modelling, the management of sea ice, iceberg and ice-structure interactions, ship design and navigation issues. In this last category, activities related to offshore safety, management of offshore drilling and production wastes, oil spills remediation, and assessment of cumulative effects of wastes and produced waters are included. These activities are detailed in the presentation, and the author discussed the future shifts likely to occur in PERD so that the needs of the regulatory agencies in terms of science and technology are met. There is also the aspect of the protection of the interests of the Canadian public to consider. 1 tab.

Harmonic Active Filtering and Impedance-based Stability Analysis in Offshore Wind Power Plants

DEFF Research Database (Denmark)

Dhua, Debasish; Yang, Guangya; Zhang, Zhe

2017-01-01

installation and provides effectively similar functionality as passive filters. This work is focused on harmonic propagation studies in wind power plants, power quality evaluation at the point of connection and harmonic mitigation by active filtering. Finally, an impedance-based stability analysis......Nowadays, to eliminate harmonics injected by the wind turbines in offshore wind power plants there is a need to install passive filters. Moreover, the passive filters are not adaptive to harmonic profile changes due to topology changes, grid loading etc. Therefore, active filters in wind turbines...... are proposed as a flexible harmonic mitigation measure. The motivation of this study is to explore the possibility of embedding active filtering in wind turbine grid-side converters without having to change the system electrical infrastructure. The active filtering method can prevent additional equipment...

Cost reduction potentials of offshore wind power in Germany

International Nuclear Information System (INIS)

Hobohm, Jens; Krampe, Leonard; Peter, Frank

2014-01-01

Offshore wind power is a major hope for the German energy turnaround. However, it will only be possible to tap its cost reduction potentials if industry, the political leadership and the administrative authorities join forces to create the necessary preconditions. An important requirement for this capital-intensive technology are stable legal and political framework conditions. A recent study on the future shows what needs to be done.

Risk Based Maintenance of Offshore Wind Turbines Using Bayesian Networks

DEFF Research Database (Denmark)

Nielsen, Jannie Jessen; Sørensen, John Dalsgaard

2010-01-01

This paper presents how Bayesian networks can be used to make optimal decisions for repairs of offshore wind turbines. The Bayesian network is an efficient tool for updating a deterioration model whenever new information becomes available from inspections/monitoring. The optimal decision is found...... such that the preventive maintenance effort is balanced against the costs to corrective maintenance including indirect costs to reduced production. The basis for the optimization is the risk based Bayesian decision theory. The method is demonstrated through an application example....

Nuclear power company activity based costing management analysis

International Nuclear Information System (INIS)

Xu Dan

2012-01-01

With Nuclear Energy Industry development, Nuclear Power Company has the continual promoting stress of inner management to the sustainable marketing operation development. In view of this, it is very imminence that Nuclear Power Company should promote the cost management levels and built the nuclear safety based lower cost competitive advantage. Activity based costing management (ABCM) transfer the cost management emphases from the 'product' to the 'activity' using the value chain analysis methods, cost driver analysis methods and so on. According to the analysis of the detail activities and the value chains, cancel the unnecessary activity, low down the resource consuming of the necessary activity, and manage the cost from the source, achieve the purpose of reducing cost, boosting efficiency and realizing the management value. It gets the conclusion from the detail analysis with the nuclear power company procedure and activity, and also with the selection to 'pieces analysis' of the important cost related project in the nuclear power company. The conclusion is that the activities of the nuclear power company has the obviously performance. It can use the management of ABC method. And with the management of the procedure and activity, it is helpful to realize the nuclear safety based low cost competitive advantage in the nuclear power company. (author)

The electrical connection of offshore windparks - technology and investment costs

International Nuclear Information System (INIS)

Busch, R.; Schultz, W.; Unger, C.; Diedrichs, V.

1996-01-01

In order to reach an acceptable cost level for wind energy generated in off-shore wind farms, the consideration of the electrical grid connection is much more important than for on-shore sites. This connection was investigated under technical as well as financial aspects leading to different concepts for different sizes of windfarms. (Author)

Optimisation of Offshore Wind Farm Cable Connection Layout Considering Levelised Production Cost Using Dynamic Minimum Spanning Tree Algorithm

DEFF Research Database (Denmark)

Hou, Peng; Hu, Weihao; Chen, Cong

2016-01-01

The approach in this paper hads been developed to optimize the cable connection layout of large scale offshore wind farms. The objective is to minimize the Levelised Production Cost (LPC) og an offshore wind farm by optimizing the cable connection configuration. Based on the minimum spanning tree...... (MST) algorithm, an improved algorithm, the Dynamic Minimum Spanning Tree (DMST) algorithm is proposed. The current carrying capacity of the cable is considered to be the main constraint and the cable sectional area is changed dynamically. An irregular shaped wind farm is chosen as the studie case...

Sensitivity of Risk-Based Maintenance Planning of Offshore Wind Turbine Farms

DEFF Research Database (Denmark)

Ambühl, Simon; Sørensen, John Dalsgaard

2017-01-01

Inspection and maintenance expenses cover a considerable part of the cost of energy from offshore wind turbines. Risk-based maintenance planning approaches are a powerful tool to optimize maintenance and inspection actions and decrease the total maintenance expenses. Risk-based planning is based...... on many input parameters, which are in reality often not completely known. This paper will assess the cost impact of this incomplete knowledge based on a case study following risk-based maintenance planning. The sensitivity study focuses on weather forecast uncertainties, incomplete knowledge about...... the needed repair time on the site as well as uncertainties about the operational range of the boat and helicopter used to access the broken wind turbine. The cost saving potential is estimated by running Crude Monte Carlo simulations. Furthermore, corrective and preventive (scheduled and condition...

Applying activity-based costing to healthcare settings.

Science.gov (United States)

Canby, J B

1995-02-01

Activity-based costing (ABC) focuses on processes that drive cost. By tracing healthcare activities back to events that generate cost, a more accurate measurement of financial performance is possible. This article uses ABC principles and techniques to determine costs associated with the x-ray process in a midsized outpatient clinic. The article also provides several tips for initiating an ABC cost system for an entire healthcare organization.

Why activity based costing (ABC) is still tagging behind the traditional costing in Malaysia?

OpenAIRE

Rasiah, Devinaga

2011-01-01

This study compares activity-based costing (ABC) model and traditional costing method in Malaysia. Activity based costing (ABC) which was developed into the manufacturing/service sectors in Malaysia. It calculates the cost and performance of activities, resources and cost objects. It can be considered as an alternative model to Traditional Cost-based accounting systems. In this study the results indicated that most operations managers believed that their present cost systems were adequate for...

Offshore wind energy potential in China

DEFF Research Database (Denmark)

Hong, Lixuan; Möller, Bernd

2011-01-01

and economic costs. However, the influence of tropical cyclone risks on these regions and detailed assessments at regional or local scale are worth of further discussions. Nevertheless, the models and results provide a foundation for a more comprehensive regional planning framework that would address......This paper investigates available offshore wind energy resources in China’s exclusive economic zone (EEZ) with the aid of a Geographical Information System (GIS), which allows the influence of technical, spatial and economic constraints on offshore wind resources being reflected in a continuous...... space. Geospatial supply curves and spatial distribution of levelised production cost (LPC) are developed, which provide information on the available potential of offshore wind energy at or below a given cost, and its corresponding geographical locations. The GIS-based models also reflect the impacts...

Activity-Based Costing Systems for Higher Education.

Science.gov (United States)

Day, Dennis H.

1993-01-01

Examines traditional costing models utilized in higher education and pinpoints shortcomings related to proper identification of costs. Describes activity-based costing systems as a superior alternative for cost identification, measurement, and allocation. (MLF)

O Processo de Offshoring Internacional Ocorre Apenas de Países Desenvolvidos para as Economias Emergentes?

Directory of Open Access Journals (Sweden)

Paulo Roberto Gião

2012-07-01

Full Text Available The offshoring business is booming and what was used by few US pioneers are now spreading through the world (Economist Intelligent Unit, 2006. It is a very new issue at least regarding the origin of the expression and related to services and, even a common sense definition with a complete detailed explanation clarifying the cases is not available. Mol (2007, for instance, presents a variety of conceptual lens has been applied to outsourcing (and also can be applied to offshoring process: transaction cost economics, resource-based view, core competences, micro-economics, industrial organization, among others. From this list of perspectives, in this article we propose to analyze the applicability of transaction cost economics - TCE (Coase, 1937; Williamson, 1975, 1979 through its characteristic make-or-buy expression, considering the offshoring pace and emerging economy firms. The make-or-buy decision must be flexible enough to explain offshoring characteristics and developed and emerging economy firms scenarios. As secondary objectives, and to show the trail to the main purpose, two research questions were identified and discussed during the paper: Is offshoring process an international movement only from developed countries to emerging economies? Is the main reason of offshoring the looking for low-cost work / activities? To achieve the proposed objectives, the structure of this paper begins with a reasonable or acceptable definition of offshoring. Some reasons (or “the reason” for the process are also another important starting point. The majority of articles referee the idea that low-cost is the main reason for offshoring, and if it is correct, transaction cost economics seems to be a good basis for our analysis purpose and integrative intention. Also some literature connections between offshoring and TCE are presented and, naturally TCE is presented in highlights for understanding these connections. Ending this section, some different

Dashboard Auditing of Activity-Based Costing (ABC)

OpenAIRE

Sorinel Capusneanu

2009-01-01

This article aims to define the dashboard auditing according to the specifics of Activity-Based Costing method (ABC). It describes the main objectives of dashboard auditing, the criteria that a dashboard auditor should meet and the step-by-step stages of the entire dashboard auditing process according to the Activity-Based Costing method (ABC).

Cost and Benefit Analysis of VSC-HVDC Schemes for Offshore Wind Power Transmission

Institute of Scientific and Technical Information of China (English)

Sheng WANG; Chunmei FENG; An WEN; Jun LIANG

2013-01-01

Due to low load factors of wind power generation,it is possible to reduce transmission capacity to minimize the cost of transmission system construction.Two VSC-HVDC schemes for offshore wind farm,called the point to point (PTP) and DC mesh connections are compared in terms of the utilization of transmission system and its cost.A Weibull distribution is used for estimating offshore wind power generation,besides,the cross correlation between wind farms is considered.The wind energy curtailment is analyzed using the capacity output possibility table (COPT).The system power losses,costs of transmission investment and wind energy curtailment are also computed.A statistic model for the wind generation and transmission is built and simulated in MATLAB to validate the study.It is concluded that a DC mesh transmission can reduce the energy curtailment and power losses.Further benefit is achievable as the wind cross correlation between wind farms decreases.

Activity based costing (ABC Method

Directory of Open Access Journals (Sweden)

Prof. Ph.D. Saveta Tudorache

2008-05-01

Full Text Available In the present paper the need and advantages are presented of using the Activity BasedCosting method, need arising from the need of solving the information pertinence issue. This issue has occurreddue to the limitation of classic methods in this field, limitation also reflected by the disadvantages ofsuch classic methods in establishing complete costs.

A Modern Costing System: Activity Based Costing and An Application On A Textile Company

OpenAIRE

Titiz, İsmet; Altunay, Mehmet Akif

2012-01-01

The aim of this study is understanding Activity Based Costing which is one of the systems of modern cost approaches. Main concepts about activity based costing is defined and development of the system is identified. In the last part, an application about the activity based costing system in a textile company is explained and the results are analyzed.

Offshore wind energy. An overview on the activities in Germany; Offshore-Windenergie. Ein Ueberblick ueber die Aktivitaeten in Deutschland

Energy Technology Data Exchange (ETDEWEB)

Worm, Anja [media consulta Deutschland GmbH, Berlin (Germany)

2013-02-15

The brochure under consideration provides an overview of the activities of offshore wind energy in Germany. The first offshore wind farms are built and generate more electricity than expected. The offshore wind farms serve as a field of learning for new technologies. The power of offshore wind farms opened new prospects for the economy. The northern Federal States of Germany as well as the traditional locations for mechanical engineering and steel production benefit from offshore wind energy.

Dashboard Auditing of Activity-Based Costing (ABC

Directory of Open Access Journals (Sweden)

Sorinel Capusneanu

2009-03-01

Full Text Available This article aims to define the dashboard auditing according to the specifics of Activity-Based Costing method (ABC. It describes the main objectives of dashboard auditing, the criteria that a dashboard auditor should meet and the step-by-step stages of the entire dashboard auditing process according to the Activity-Based Costing method (ABC.

On risk-based operation and maintenance of offshore wind turbine components

International Nuclear Information System (INIS)

Jessen Nielsen, Jannie; Dalsgaard Sorensen, John

2011-01-01

Operation and maintenance are significant contributors to the cost of energy for offshore wind turbines. Optimal planning could rationally be based on Bayesian pre-posterior decision theory, and all costs through the lifetime of the structures should be included. This paper contains a study of a generic case where the costs are evaluated for a single wind turbine with a single component. Costs due to inspections, repairs, and lost production are included in the model. The costs are compared for two distinct maintenance strategies, namely with and without inclusion of periodic imperfect inspections. Finally the influence of different important parameters, e.g. failure rate, reliability of inspections, inspection interval, and decision rule for repairs, is evaluated.

Point-based POMDP Risk Based Inspection of Offshore Wind Substructures

DEFF Research Database (Denmark)

Morato, Pablo G.; Mai, Quang A.; Rigo, Philippe

2018-01-01

This article presents a novel methodology to select the optimal maintenance strategy of an offshore wind structural component, providing a flexible and reliable support to decision-making and balancing inspection, repair and failure costs. The procedure to create a “Point-Based” Partially...

Towards a Risk-based Decision Support for Offshore Wind Turbine Installation and Operation & Maintenance

DEFF Research Database (Denmark)

Gintautas, Tomas; Sørensen, John Dalsgaard; Vatne, Sigrid Ringdalen

2016-01-01

Costs of operation & maintenance, assembly, transport and installation of offshore wind turbines contribute significantly to the total cost of offshore wind farm. These operations are mostly carried out by specific ships that have to be hired for the operational phase and for duration of installa......Costs of operation & maintenance, assembly, transport and installation of offshore wind turbines contribute significantly to the total cost of offshore wind farm. These operations are mostly carried out by specific ships that have to be hired for the operational phase and for duration...... of installation process, respectively. Duration, and therefore ship hiring costs is, among others, driven by waiting time for weather windows for weather-sensitive operations. Today, state of the art decision making criteria for weather-sensitive operations are restrictions to the significant wave height...... and the average wind velocity at reference height. However, actual limitations are physical, related to response of equipment used e.g. crane wire tension, rotor assembly motions while lifting, etc. Transition from weather condition limits to limits on physical equipment response in decision making would improve...

New Models for Maintenance of Offshore Wind Farms

DEFF Research Database (Denmark)

Petersen, Kristian R.

component that was causing a large amount of downtime were identified. Further analysis with the Reliability-Centred Maintenance concept helped determine the most appropriate maintenance strategy. In the final perspective, long-term strategic decisions were the focus. Asset Management and especially Asset...... Life-Cycle Management were studied using a case study. The case study analysis was used to generate strategies to help managers perform maintenance more proactively and to prepare the management of the offshore wind farm turbines for the future. Existing literature on Asset Life-Cycle Management has......Operations and maintenance (O&M) processes are important for keeping offshore wind turbines in operation. Costs related to such activities constitute approximately 30% of the lifetime cost of an offshore wind farm project. Currently, the offshore wind energy industry has shown a rapid increase...

The economics of offshore wind

International Nuclear Information System (INIS)

Green, Richard; Vasilakos, Nicholas

2011-01-01

This paper presents an overview of the main issues associated with the economics of offshore wind. Investment in offshore wind systems has been growing rapidly throughout Europe, and the technology will be essential in meeting EU targets for renewable energy in 2020. Offshore wind suffers from high installation and connection costs, however, making government support essential. We review various support policies used in Europe, concluding that tender-based feed-in tariff schemes, as used in Denmark, may be best for providing adequate support while minimising developers' rents. It may prove economic to build an international offshore grid connecting wind farms belonging to different countries that are sited close to each other. (author)

The economics of offshore wind

Energy Technology Data Exchange (ETDEWEB)

Green, Richard; Vasilakos, Nicholas [Department of Economics, University of Birmingham, Birmingham B15 2TT (United Kingdom)

2011-02-15

This paper presents an overview of the main issues associated with the economics of offshore wind. Investment in offshore wind systems has been growing rapidly throughout Europe, and the technology will be essential in meeting EU targets for renewable energy in 2020. Offshore wind suffers from high installation and connection costs, however, making government support essential. We review various support policies used in Europe, concluding that tender-based feed-in tariff schemes, as used in Denmark, may be best for providing adequate support while minimising developers' rents. It may prove economic to build an international offshore grid connecting wind farms belonging to different countries that are sited close to each other. (author)

Determination of chest x-ray cost using activity based costing ...

African Journals Online (AJOL)

Background: Activity based costing (ABC) is an approach to get insight of true costs and to solve accounting problems. It provides more accurate information on product cost than conventional accounting system. The purpose of this study was to identify detailed resource consumption for chest x-ray procedure. Methods: ...

A new costing model in hospital management: time-driven activity-based costing system.

Science.gov (United States)

Öker, Figen; Özyapıcı, Hasan

2013-01-01

Traditional cost systems cause cost distortions because they cannot meet the requirements of today's businesses. Therefore, a new and more effective cost system is needed. Consequently, time-driven activity-based costing system has emerged. The unit cost of supplying capacity and the time needed to perform an activity are the only 2 factors considered by the system. Furthermore, this system determines unused capacity by considering practical capacity. The purpose of this article is to emphasize the efficiency of the time-driven activity-based costing system and to display how it can be applied in a health care institution. A case study was conducted in a private hospital in Cyprus. Interviews and direct observations were used to collect the data. The case study revealed that the cost of unused capacity is allocated to both open and laparoscopic (closed) surgeries. Thus, by using the time-driven activity-based costing system, managers should eliminate the cost of unused capacity so as to obtain better results. Based on the results of the study, hospital management is better able to understand the costs of different surgeries. In addition, managers can easily notice the cost of unused capacity and decide how many employees to be dismissed or directed to other productive areas.

Offshore Wind Energy Market Overview (Presentation)

Energy Technology Data Exchange (ETDEWEB)

Baring-Gould, I.

2013-07-01

This presentation describes the current international market conditions regarding offshore wind, including the breakdown of installation costs, how to reduce costs, and the physical siting considerations considered when planning offshore wind construction. The presentation offers several examples of international existing and planned offshore wind farm sites and compares existing international offshore resources with U.S. resources. The presentation covers future offshore wind trends and cites some challenges that the United States must overcome before it will be able to fully develop offshore wind sites.

[Analysis of cost and efficiency of a medical nursing unit using time-driven activity-based costing].

Science.gov (United States)

Lim, Ji Young; Kim, Mi Ja; Park, Chang Gi

2011-08-01

Time-driven activity-based costing was applied to analyze the nursing activity cost and efficiency of a medical unit. Data were collected at a medical unit of a general hospital. Nursing activities were measured using a nursing activities inventory and classified as 6 domains using Easley-Storfjell Instrument. Descriptive statistics were used to identify general characteristics of the unit, nursing activities and activity time, and stochastic frontier model was adopted to estimate true activity time. The average efficiency of the medical unit using theoretical resource capacity was 77%, however the efficiency using practical resource capacity was 96%. According to these results, the portion of non-added value time was estimated 23% and 4% each. The sums of total nursing activity costs were estimated 109,860,977 won in traditional activity-based costing and 84,427,126 won in time-driven activity-based costing. The difference in the two cost calculating methods was 25,433,851 won. These results indicate that the time-driven activity-based costing provides useful and more realistic information about the efficiency of unit operation compared to traditional activity-based costing. So time-driven activity-based costing is recommended as a performance evaluation framework for nursing departments based on cost management.

Peranan Metode Activity Based Costing Dalam Menentukan Cost of Goods Manufactured

OpenAIRE

Martusa, Riki; Darma, Stephanus Ryan; Carolina, Verani

2011-01-01

The purpose of this research is to know production process of a textile company in Bandung and to analyze the comparison between cost of goods manufactured calculation methods, that applied in the company (traditional costing method) and Activity Based Costing (ABC) method. The obatained data was performed monthly during the year 2009. Based on analysis result, Cost Of Goods Manufactured calculation for unpattern material using ABC method resulted the Cost Of Goods Manufactured that is lower ...

Estimation of cost development of offshore wind energy in the Netherlands and required governmental contribution to realize 6,000 MW in 2020

International Nuclear Information System (INIS)

De Vries, H.J.; Van Sambeek, E.J.W.

2004-04-01

The development of the cost of the production of electricity from offshore wind sources is explored. These cost developments are used to estimate the cost of the Dutch Government to fulfil its self-set target of 6,000 MW offshore wind energy capacity in 2020 [nl

The ABCs of Activity-Based Costing: A Cost Containment and Reallocation Tool.

Science.gov (United States)

Turk, Frederick J.

1992-01-01

This article describes activity-based costing (ABC) and how this tool may help management understand the costs of major activities and identify possible alternatives. Also discussed are the traditional costing systems used by higher education and ways of applying ABC to higher education. (GLR)

The role of information technology (IT) in reducing offshore operating costs

International Nuclear Information System (INIS)

Stern, M.J.

1993-01-01

The rapid changes in information technology (IT) and its application have helped to improve efficiency and reduce operating costs offshore. Developments in IT itself, in terms of technology, organization and standards together with cultural change have created new opportunities. In the application of IT, the most significant impact on operations costs and effectiveness has come from the use of information throughout the life cycle, and improved telecommunications. This paper describes recent developments in IT and its application, and cites examples where oil companies have derived major benefits

ACTIVITY-BASED COSTING APLICATIONS IN THE CZECH REPUBLIC

OpenAIRE

Boris Popesko; Petr Novak

2008-01-01

The Article deals with the problem of Activity-Based Costing (ABC) utilization in conditions of the Czech Republic. Shortcoming of the traditional costing methods and advantages of Activity-Based Costing systems are explained in the opening part of this article. Major part of article is dedicated to presentation of advantages of utilization of ABC system in practice. Final part of article is focused on results of the authors’ research focused on the level of the cost management systems in the...

Offshoring R&D

DEFF Research Database (Denmark)

Hansen, Zaza Nadja Lee; Rasmussen, Lauge Baungaard

2010-01-01

Companies are increasingly offshoring R&D activities. Many firms, however, experience difficulties related to virtual teamwork across cultures and time zones. The research question is: How does increasing R&D offshoring impact transparency of communication structures and knowledge sharing? Using...... case studies from Danish multinational corporations with R&D activities in China, India or Eastern Europe this paper analyses the impact observed in these companies in regard to communication structures and knowledge sharing in management of offshored R&D activities. The findings show that companies...... attempt to increase transparency through formalisation of knowledge and clear communication structures. However, the influence of tacit knowledge, horizontal communication and culture seem largely overlooked. Therefore the authors suggest a context based approach to transparency accustomed...

FIVE REGIONAL PERSPECTIVES OF CONSTRUCTING AN OFFSHORE CORPORATE STRUCTURE

Directory of Open Access Journals (Sweden)

Ana-Maria GEAMÃNU

2015-04-01

Full Text Available The offshore company, the emblem of the tax haven jurisdictions, is owned by non-residents and it conducts activities outside the island of incorporation in order to benefit from tax advantages. The purpose of this paper is to conduct a comparative analysis on the trends of constructing the offshore corporate structures at the level of five regions where tax havens have been identified: The Caribbean Sea and Central America; Europe; Asia; The Indian Ocean and The Pacific Ocean. Based on the tax and corporate legislations the analysis is focused on the main tax advantages offered by these entities, the incorporation and administration procedures as well as the costs involved. The results have shown that pure offshore corporate legislation is to be found at the level of only three geographic areas: The Caribbean Sea and Central America; The Indian Ocean and The Pacific Ocean and the offshore law is predominantly international, with only fine regional differences.

73 Activity Based Costing and Product Pricing Decision: the Nigerian Case

Directory of Open Access Journals (Sweden)

Ebipanipre Gabriel Mieseigha

2014-06-01

Full Text Available This paper examined activity based costing and product pricing decisions in Nigeria so as to ascertain whether activity based costing have the ability to enhance profitability and control cost of manufacturing firms. Towards this end, a multiple correlation and regression estimation technique was used in analyzing the data obtained in the study. The study found that activity based costing affects product costing and pricing decision. In addition, the results showed that improved profitability and cost control can be achieved by implementing activity based costing approach by manufacturing firms. The implication is that traditional costing approach fails in many pricing situations by arbitrarily allocating indirect cost and activity based costing helps in allocating indirect cost accurately. Thus, it was recommended amongst others that activity based costing need to be practiced, maintained and implemented by manufacturing firms since it has a broad range of uses for a wide variety of company functions and operations in the area of process analysis, strategy support, time-based accounting, monitoring wastage, as well as quality and productivity management.

Offshore rectenna feasbility

Science.gov (United States)

Freeman, J. W.; Hervey, D.; Glaser, P.

1980-01-01

A preliminary study of the feasibility and cost of an offshore rectenna to serve the upper metropolitan east coast was performed. A candidate site at which to build a 5 GW rectenna was selected on the basis of proximity to load centers, avoidance of shipping lanes, sea floor terrain, and relocated conditions. Several types of support structures were selected for study based initially on the reference system rectenna concept of a wire mesh ground screen and dipoles each with its own rectifier and filter circuits. Possible secondary uses of an offshore rectenna were examined and are evaluated.

Time-Driven Activity-Based Costing in Emergency Medicine.

Science.gov (United States)

Yun, Brian J; Prabhakar, Anand M; Warsh, Jonathan; Kaplan, Robert; Brennan, John; Dempsey, Kyle E; Raja, Ali S

2016-06-01

Value in emergency medicine is determined by both patient-important outcomes and the costs associated with achieving them. However, measuring true costs is challenging. Without an understanding of costs, emergency department (ED) leaders will be unable to determine which interventions might improve value for their patients. Although ongoing research may determine which outcomes are meaningful, an accurate costing system is also needed. This article reviews current costing mechanisms in the ED and their pitfalls. It then describes how time-driven activity-based costing may be superior to these current costing systems. Time-driven activity-based costing, in addition to being a more accurate costing system, can be used for process improvements in the ED. Copyright © 2015 American College of Emergency Physicians. Published by Elsevier Inc. All rights reserved.

The utilization of activity-based cost accounting in hospitals.

Science.gov (United States)

Emmett, Dennis; Forget, Robert

2005-01-01

Healthcare costs are being examined on all fronts. Healthcare accounts for 11% of the gross national product and will continue to rise as the "babyboomers" reach retirement age. While ascertaining costs is important, most research shows that costing methods have not been implemented in hospitals. This study is concerned with the use of costing methods; particularly activity-based cost accounting. A mail survey of CFOs was undertaken to determine the type of cost accounting method they use. In addition, they were asked whether they were aware of activity-based cost accounting and whether they had implemented it or were planning to implement it. Only 71.8% were aware of it and only 4.7% had implemented it. In addition, only 52% of all hospitals report using any cost accounting systems. Education needs to ensure that all healthcare executives are cognizant of activity-based accounting and its importance in determining costs. Only by determining costs can hospitals strive to contain them.

The optimal access system for future far-offshore wind farms

Energy Technology Data Exchange (ETDEWEB)

Obdam, T.S.; Rademakers, L.W.M.M.; Savenije, L.B. [ECN Wind Energy, Petten (Netherlands)

2013-12-15

Operation and maintenance (O and M) of offshore wind turbines is one of the main cost drivers of offshore wind energy. One of the aspects critical for an efficient and cost-effective O and M strategy is the selection of the access system which is used to transfer technicians and, optionally, small spare parts. Currently, most offshore wind farms are located close to shore, and their size is relatively small. For these farms the typical access system consists of catamaran-like workboats, which are used to transfer both technicians and small spare parts. As wind farms move further offshore this O and M concept might no longer be cost-effective. Currently, different alternative O and M concepts are being considered for the future far-offshore sites. In this paper an extensive and holistic comparison of different O and M concepts including different access system solutions is presented. This analysis has been performed using the OMCECalculator, ECN's software for advanced O and M cost modelling. Different sites have been considered, which are typical for the future offshore wind farms that will be commissioned during the next five years. The results of the performed analyses indicate that when moving further offshore harbour-based O and M strategies are no longer economical, even when helicopters are added to the mix. Looking at farm-based O and M concepts a supply vessel with a compensated access gangway offers great potential. However, the calculations also indicate that its ability to transfer small spare parts, in addition to technicians, is crucial.

Offshore windfarm proposal to reduce costs of foundations and installations.

Energy Technology Data Exchange (ETDEWEB)

NONE

2007-09-04

The principle aim of this project is to develop innovative pile insertion, installation vessel pile handling and pile transfer systems that reduce the installed cost per kW of offshore wind turbine foundation installation. The project was to accomplish this by first developing a novel method of handling foundation piles without the use of craneage thereby allowing long piles of 5-6m diameter to be lifted safely in shallow water. This would extend the operating envelope by allowing work to continue without the weather constraints associated with lifting heavy loads by crane. The method would eventually reduce the size of the pile installation barge resulting in reduced installation costs. This part of the project has been satisfactorily completed, resulting in an innovative pile handling technique. Secondly a nonpercussive pile insertion method would be developed suitable for large diameter piles. The targeted aims of this method are as follows: To reduce or negate the need to handle and dispose of large amounts of spoil. To eliminate the need for piling hammers large enough to drive 6m diameter piles. These would be too heavy for the present generation of offshore cranes to lift, and the rental costs exorbitant. The advantages of these aims are: A reduction in the noise pollution produced by all percussive methods of pile driving and in particular large hammers. These noise levels are unacceptable to present and future environmental constraints. Because of the reduced drill spoil being handled compared to an industry standard full face drill, the energy consumption and therefore cost, is also reduced. Owing to the high cost and risk associated with mobilising and operating the equipment necessary for field trials in a marine environment (the cost for mobilising and operating a construction jack-up barge, all backup marine support craft, pile driving hammers and test piles can be several times the available grant funding), it was decided and agreed at an early stage

Energy Analysis of Offshore Systems | Wind | NREL

Science.gov (United States)

markets enables the compilation of a database of installed and proposed project costs. These are used to offshore wind projects Discounted cash-flow analysis (with the University of Delaware) to identify the level costs based on wind turbine size, annual energy production, and operation costs. The model

Learning Paths to Offshore Outsourcing

DEFF Research Database (Denmark)

Maskell, Peter; Pedersen, Torben; Petersen, Bent

A corporation’s offshore outsourcing may be seen as the result of a discrete, strategic decision taken in response to an increasing pressure from worldwide competition. However, empirical evidence of a representative cross-sector sample of international Danish firms indicates that offshore sourcing...... in low-cost countries is best described as a learning-by-doing process in which the offshore outsourcing of a corporation goes through a sequence of stages towards sourcing for innovation. Initially, a corporation’s outsourcing is driven by a desire for cost minimization. Over a period of time...... the outsourcing experience lessens the cognitive limitations of decision-makers as to the advantages that can be achieved through outsourcing in low-cost countries: the insourcer/vendor may not only offer cost advantages, but also quality improvement and innovation. The quality improvements that offshore...

Sensitivity analysis of floating offshore wind farms

International Nuclear Information System (INIS)

Castro-Santos, Laura; Diaz-Casas, Vicente

2015-01-01

Highlights: • Develop a sensitivity analysis of a floating offshore wind farm. • Influence on the life-cycle costs involved in a floating offshore wind farm. • Influence on IRR, NPV, pay-back period, LCOE and cost of power. • Important variables: distance, wind resource, electric tariff, etc. • It helps to investors to take decisions in the future. - Abstract: The future of offshore wind energy will be in deep waters. In this context, the main objective of the present paper is to develop a sensitivity analysis of a floating offshore wind farm. It will show how much the output variables can vary when the input variables are changing. For this purpose two different scenarios will be taken into account: the life-cycle costs involved in a floating offshore wind farm (cost of conception and definition, cost of design and development, cost of manufacturing, cost of installation, cost of exploitation and cost of dismantling) and the most important economic indexes in terms of economic feasibility of a floating offshore wind farm (internal rate of return, net present value, discounted pay-back period, levelized cost of energy and cost of power). Results indicate that the most important variables in economic terms are the number of wind turbines and the distance from farm to shore in the costs’ scenario, and the wind scale parameter and the electric tariff for the economic indexes. This study will help investors to take into account these variables in the development of floating offshore wind farms in the future

Understanding Time-driven Activity-based Costing.

Science.gov (United States)

Sharan, Alok D; Schroeder, Gregory D; West, Michael E; Vaccaro, Alexander R

2016-03-01

Transitioning to a value-based health care system will require providers to increasingly scrutinize their outcomes and costs. Although there has been a great deal of effort to understand outcomes, cost accounting in health care has been a greater challenge. Currently the cost accounting methods used by hospitals and providers are based off a fee-for-service system. As resources become increasingly scarce and the health care system attempts to understand which services provide the greatest value, it will be critically important to understand the true costs of delivering a service. An understanding of the true costs of a particular service will help providers make smarter decisions on how to allocate and utilize resources as well as determine which activities are nonvalue added. Achieving value will require providers to have a greater focus on accurate outcome data as well as better methods of cost accounting.

A Simple Model of Offshore Outsourcing, Technology Upgrading and Welfare

OpenAIRE

Jung , Jaewon; Mercenier , Jean

2009-01-01

We adapt Yeaple's (2005) heterogeneous agents framework to model firms in the North as making explicit offshore outsourcing decisions to cheap-labor economies. Globalization results from a lowering of the set-up costs incurred when engaging in offshore activities. We highlight how firms'technology transformations due to global- ization will induce skill upgrading in the North, increase aggregate productivity, av- erage wages and therefore total welfare at the cost of increased wage inequaliti...

Structural Health and Prognostics Management for Offshore Wind Turbines: Sensitivity Analysis of Rotor Fault and Blade Damage with O&M Cost Modeling

Energy Technology Data Exchange (ETDEWEB)

Myrent, Noah J. [Vanderbilt Univ., Nashville, TN (United States). Lab. for Systems Integrity and Reliability; Barrett, Natalie C. [Vanderbilt Univ., Nashville, TN (United States). Lab. for Systems Integrity and Reliability; Adams, Douglas E. [Vanderbilt Univ., Nashville, TN (United States). Lab. for Systems Integrity and Reliability; Griffith, Daniel Todd [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States). Wind Energy Technology Dept.

2014-07-01

Operations and maintenance costs for offshore wind plants are significantly higher than the current costs for land-based (onshore) wind plants. One way to reduce these costs would be to implement a structural health and prognostic management (SHPM) system as part of a condition based maintenance paradigm with smart load management and utilize a state-based cost model to assess the economics associated with use of the SHPM system. To facilitate the development of such a system a multi-scale modeling and simulation approach developed in prior work is used to identify how the underlying physics of the system are affected by the presence of damage and faults, and how these changes manifest themselves in the operational response of a full turbine. This methodology was used to investigate two case studies: (1) the effects of rotor imbalance due to pitch error (aerodynamic imbalance) and mass imbalance and (2) disbond of the shear web; both on a 5-MW offshore wind turbine in the present report. Sensitivity analyses were carried out for the detection strategies of rotor imbalance and shear web disbond developed in prior work by evaluating the robustness of key measurement parameters in the presence of varying wind speeds, horizontal shear, and turbulence. Detection strategies were refined for these fault mechanisms and probabilities of detection were calculated. For all three fault mechanisms, the probability of detection was 96% or higher for the optimized wind speed ranges of the laminar, 30% horizontal shear, and 60% horizontal shear wind profiles. The revised cost model provided insight into the estimated savings in operations and maintenance costs as they relate to the characteristics of the SHPM system. The integration of the health monitoring information and O&M cost versus damage/fault severity information provides the initial steps to identify processes to reduce operations and maintenance costs for an offshore wind farm while increasing turbine availability

Risk-Based Operation and Maintenance of Offshore Wind Turbines using Bayesian Networks

DEFF Research Database (Denmark)

Nielsen, Jannie Jessen; Sørensen, John Dalsgaard

2011-01-01

the lifetime. Two different approaches are used; one uses a threshold value of the failure probability, and one uses a Limited Memory Influence Diagram. Both methods are tested for an application example using MonteCarlo sampling, and they are both found to be efficient and equally good.......For offshore wind farms, the costs due to operation and maintenance are large, and more optimal planning has the potential of reducing these costs. This paper presents how Bayesian networks can be used for risk-based inspection planning, where the inspection plans are updated each year through...

Applying Activity Based Costing (ABC) Method to Calculate Cost Price in Hospital and Remedy Services.

Science.gov (United States)

Rajabi, A; Dabiri, A

2012-01-01

Activity Based Costing (ABC) is one of the new methods began appearing as a costing methodology in the 1990's. It calculates cost price by determining the usage of resources. In this study, ABC method was used for calculating cost price of remedial services in hospitals. To apply ABC method, Shahid Faghihi Hospital was selected. First, hospital units were divided into three main departments: administrative, diagnostic, and hospitalized. Second, activity centers were defined by the activity analysis method. Third, costs of administrative activity centers were allocated into diagnostic and operational departments based on the cost driver. Finally, with regard to the usage of cost objectives from services of activity centers, the cost price of medical services was calculated. The cost price from ABC method significantly differs from tariff method. In addition, high amount of indirect costs in the hospital indicates that capacities of resources are not used properly. Cost price of remedial services with tariff method is not properly calculated when compared with ABC method. ABC calculates cost price by applying suitable mechanisms but tariff method is based on the fixed price. In addition, ABC represents useful information about the amount and combination of cost price services.

Offshore floating windmills

International Nuclear Information System (INIS)

1993-10-01

The aim was to produce a general survey of the profitability of establishing floating offshore wind turbine arrays and to compare this with the cost and profitability of constructing offshore arrays with fixed foundations and arrays located on land sites. Aspects of design in all cases are described, also into relation to the special demands placed on dimensioning in relation to the types of location and foundation. The costs of the offshore arrays are evaluated in relation to capacity under conditions in Danish waters. The advantage of floating arrays is that they can be placed far out to sea where they can not be seen from the coast and thus not be considered to spoil the marine view. But as the water gets deeper the cost of floating foundations rises. It was found that it would not be technologically profitable to establish floating arrays at a depth of less than 30 - 40 meters which means that only the outer Danish waters can be taken into consideration. For depths of up to 70 meters, individual floating bases are more expensive than fixed ones but would be cheaper if a number of windmills could share the same anchor. For depths of more than 70 meters floating foundations would be the cheapest. The cost is dependent on the depth and distance from the coast and also on wind conditions. The main conclusion is that currently the cost of establishing wind turbine arrays in deeper outer waters on floating foundations is comparable to that of arrays sited at inner waters on solid foundations placed on the sea bed. (AB) (20 refs.)

["Activity based costing" in radiology].

Science.gov (United States)

Klose, K J; Böttcher, J

2002-05-01

The introduction of diagnosis related groups for reimbursement of hospital services in Germany (g-drg) demands for a reconsideration of utilization of radiological products and costs related to them. Traditional cost accounting as approach to internal, department related budgets are compared with the accounting method of activity based costing (ABC). The steps, which are necessary to implement ABC in radiology are developed. The introduction of a process-oriented cost analysis is feasible for radiology departments. ABC plays a central role in the set-up of decentralized controlling functions within this institutions. The implementation seems to be a strategic challenge for department managers to get more appropriate data for adequate enterprise decisions. The necessary steps of process analysis can be used for other purposes (Certification, digital migration) as well.

IMPLEMENTATION OF ACTIVITY BASED ANALYSIS METHOD COSTING SYSTEM IN PRICING COST OF ROOMS IN HOTEL DYNASTY MAKASSAR

Directory of Open Access Journals (Sweden)

Muh Nur Hatta

2017-06-01

Full Text Available The purpose of this study is to fulfill one of the final project now where Thesis research was held in April to June, 2016. This study aims to know the differences in the calculation of the cost of the room by using a conventional system using activity-based costing (ABC system. method analysis is using descriptive method of analysis of the cost of the hotel this time, set the conventional method and then comparing the cost of a hotel room based activity based result costing. study showed that of calculating the cost of a hotel room by using activity based costing, when compared with the cost of hotel rooms used by the activity based costing Dynasty then give the results in standard rooms, deluxe, suites and family give results the calculation of which is smaller than the cost of the rooms which have been determined by the hotel management. That is, with the difference in price for a Standard room IDR. 58024.84. For a Deluxe room IDR. 175,411.58. For room Suite IDR. 99. 034,88. Family rooms and for IDR. 100,045.60. While in the room Executive Suite / Pent House Activity Based Costing calculation result is greater than the cost of the rooms which have been determined by the hotel management. That is, with the difference amounting to IDR. 368,096.17. The difference in price is due to the method of Activity Based Costing,The overhead on each product is charged to a lot of cost driver. Thus, in the Activity Based Costing method is able to allocate activity costs to each room is right by the consumption of each activity.

Characteristics of offshore extreme wind-waves detected by surface drifters with a low-cost GPS wave sensor

Science.gov (United States)

Komatsu, Kosei

Wind-generated waves have been recognized as one of the most important factors of the sea surface roughness which plays crucial roles in various air-sea interactions such as energy, mo-mentum, heat and gas exchanges. At the same time, wind waves with extreme wave heights representatively called as freak or rogue waves have been a matter of great concern for many people involved in shipping, fishing, constracting, surfing and other marine activities, because such extreme waves frequently affect on the marine activities and sometimes cause serious dis-asters. Nevertheless, investigations of actual conditions for the evolution of wind waves in the offshore region are less and sparse in contrast to dense monitoring networks in the coastal re-gions because of difficulty of offshore observation with high accuracy. Recently accurate in situ observation of offshore wind waves is getting possible at low cost owing to a wave height and di-rection sensor developed by Harigae et al. (2004) by installing a point-positioning GPS receiver on a surface drifting buoy. The point-positioning GPS sensor can extract three dimensional movements of the buoy excited by ocean waves with minimizing effects of GPS point-positioning errors through the use of a high-pass filter. Two drifting buoys equipped with the GPS-based wave sensor charged by solar cells were drifted in the western North Pacific and one of them continued to observe wind waves during 16 months from Sep. 2007. The RMSE of the GPS-based wave sensor was less than 10cm in significant wave height and about 1s in significant wave period in comparison with other sensors, i.e. accelerometers installed on drifting buoys of Japan Meteorological Agency, ultrasonic sensors placed at the Hiratsuka observation station of the University of Tokyo and altimeter of the JASON-1. The GPS-based wave buoys enabled us to detect freak waves defined as waves whose height is more than twice the significant wave height. The observation conducted by

Reliability-Based Planning of Inspection, Operation and Maintenance for Offshore Oil & Gas Structures and Wind Turbines

DEFF Research Database (Denmark)

Sørensen, John Dalsgaard

2011-01-01

Reliability-based cost-optimal planning of inspection, maintenance and operation has many applications. In this paper applications for planning of inspections for oil & gas jacket structures and of operation and maintenance of offshore wind turbines are described and illustrated by examples....

[Cost of therapy for neurodegenerative diseases. Applying an activity-based costing system].

Science.gov (United States)

Sánchez-Rebull, María-Victoria; Terceño Gómez, Antonio; Travé Bautista, Angeles

2013-01-01

To apply the activity based costing (ABC) model to calculate the cost of therapy for neurodegenerative disorders in order to improve hospital management and allocate resources more efficiently. We used the case study method in the Francolí long-term care day center. We applied all phases of an ABC system to quantify the cost of the activities developed in the center. We identified 60 activities; the information was collected in June 2009. The ABC system allowed us to calculate the average cost per patient with respect to the therapies received. The most costly and commonly applied technique was psycho-stimulation therapy. Focusing on this therapy and on others related to the admissions process could lead to significant cost savings. ABC costing is a viable method for costing activities and therapies in long-term day care centers because it can be adapted to their structure and standard practice. This type of costing allows the costs of each activity and therapy, or combination of therapies, to be determined and aids measures to improve management. Copyright © 2012 SESPAS. Published by Elsevier Espana. All rights reserved.

CARIBBEAN OFFSHORE CORPORATE STRUCTURES UNDER A SWOT ANALYSIS

Directory of Open Access Journals (Sweden)

Ana-Maria GEAMÃNU

2015-04-01

Full Text Available Tax havens have long been under the attention of numerous Governments and International Organizations which triggered the concern of an uneven playing field in the taxation area. As a result numerous amendments have been made to both their commercial and tax legislations in order to be in line with the internationally agreed tax standards. The aim of this article is to conduct a SWOT analysis on the offshore corporate structures found in the Caribbean landscape. Based on a selection process of the most commonly recognized tax havens in the Caribbean region and an analysis of their offshore companies at the level of incorporation, administration, activities conducted and costs, a set of frequently met characteristics have been identified which stand at the basis of the SWOT analysis. The results stand to present a comprehensive four dimension framework of the offshore corporate structures in regards to their strengths, weaknesses, opportunities and threats.

Offshoring research directions

NARCIS (Netherlands)

Velthuijsen, Hugo

2012-01-01

Outsourcing and offshoring provide companies with ways to achieve their business objectives better or more cost effectively or despite a shortage of specific resources. From a research point of view, outsourcing and offshoring have mostly been studied as something that large companies do, not small

Offshore wind energy, who will risk investment?

International Nuclear Information System (INIS)

Dupin, Ludovic; Moragues, Manuel

2013-01-01

As Europe plans to install 40 GW of offshore wind energy production by 2020 and only 5 GW are already installed, investment is a crucial issue for a still immature industry and in a context where risk management is critical, notably during construction (harsh working conditions, costs of construction, of maintenance and costs related to delays). Other aspects are also related to financial risks like, for example, the cost of offshore wind farm connection to the grid (this has been an underestimated issue in Germany). Then operation and exploitation have to face climate events although, according to relatively recent exploitation data, availability is quite good. The durability of political support is not so sure in a context of political and regulatory instability and of economic crisis. In France, after the first bidding, the wind energy industrial sector is emerging and many small and medium companies enter this activity in the trail of Areva and Alstom, with thousands of job creations and export perspectives. Some offshore wind turbines are briefly presented (by Alstom, Areva, RE Power, Siemens and Vestas)

Activity-Based Costing & Warm Fuzzies - Costing, Presentation & Framing Influences on Decision-Making ~ A Business Optimization Simulation ~

OpenAIRE

Harrison, David Shelby

1998-01-01

Activity-Based Costing is presented in accounting text books as a costing system that can be used to make valuable managerial decisions. Accounting journals regularly report the successful implementations and benefits of activity-based costing systems for particular businesses. Little experimental or empirical evidence exists, however, that has demonstrated the benefits of activity-based costing under controlled conditions. Similarly, although case studies report conditions that may or may...

Communication Network Architectures Based on Ethernet Passive Optical Network for Offshore Wind Power Farms

Directory of Open Access Journals (Sweden)

Mohamed A. Ahmed

2016-03-01

Full Text Available Nowadays, with large-scale offshore wind power farms (WPFs becoming a reality, more efforts are needed to maintain a reliable communication network for WPF monitoring. Deployment topologies, redundancy, and network availability are the main items to enhance the communication reliability between wind turbines (WTs and control centers. Traditional communication networks for monitoring and control (i.e., supervisory control and data acquisition (SCADA systems using switched gigabit Ethernet will not be sufficient for the huge amount of data passing through the network. In this paper, the optical power budget, optical path loss, reliability, and network cost of the proposed Ethernet Passive Optical Network (EPON-based communication network for small-size offshore WPFs have been evaluated for five different network architectures. The proposed network model consists of an optical network unit device (ONU deployed on the WT side for collecting data from different internal networks. All ONUs from different WTs are connected to a central optical line terminal (OLT, placed in the control center. There are no active electronic elements used between the ONUs and the OLT, which reduces the costs and complexity of maintenance and deployment. As fiber access networks without any protection are characterized by poor reliability, three different protection schemes have been configured, explained, and discussed. Considering the cost of network components, the total implementation expense of different architectures with, or without, protection have been calculated and compared. The proposed network model can significantly contribute to the communication network architecture for next generation WPFs.

Time-driven Activity-based Costing More Accurately Reflects Costs in Arthroplasty Surgery.

Science.gov (United States)

Akhavan, Sina; Ward, Lorrayne; Bozic, Kevin J

2016-01-01

Cost estimates derived from traditional hospital cost accounting systems have inherent limitations that restrict their usefulness for measuring process and quality improvement. Newer approaches such as time-driven activity-based costing (TDABC) may offer more precise estimates of true cost, but to our knowledge, the differences between this TDABC and more traditional approaches have not been explored systematically in arthroplasty surgery. The purposes of this study were to compare the costs associated with (1) primary total hip arthroplasty (THA); (2) primary total knee arthroplasty (TKA); and (3) three surgeons performing these total joint arthroplasties (TJAs) as measured using TDABC versus traditional hospital accounting (TA). Process maps were developed for each phase of care (preoperative, intraoperative, and postoperative) for patients undergoing primary TJA performed by one of three surgeons at a tertiary care medical center. Personnel costs for each phase of care were measured using TDABC based on fully loaded labor rates, including physician compensation. Costs associated with consumables (including implants) were calculated based on direct purchase price. Total costs for 677 primary TJAs were aggregated over 17 months (January 2012 to May 2013) and organized into cost categories (room and board, implant, operating room services, drugs, supplies, other services). Costs derived using TDABC, based on actual time and intensity of resources used, were compared with costs derived using TA techniques based on activity-based costing and indirect costs calculated as a percentage of direct costs from the hospital decision support system. Substantial differences between cost estimates using TDABC and TA were found for primary THA (USD 12,982 TDABC versus USD 23,915 TA), primary TKA (USD 13,661 TDABC versus USD 24,796 TA), and individually across all three surgeons for both (THA: TDABC = 49%-55% of TA total cost; TKA: TDABC = 53%-55% of TA total cost). Cost

Recent evolutions in costing systems: A literature review of Time-Driven Activity-Based Costing

OpenAIRE

Siguenza Guzman, Lorena; Van den Abbeele, Alexandra; Vandewalle, Joos; Verhaaren, Henry; Cattrysse, Dirk

2013-01-01

This article provides a comprehensive literature review of Time-Driven Activity Based Costing (TDABC), a relatively new tool to improve the cost allocation to products and services. After a brief overview of traditional costing and activity based costing systems (ABC), a detailed description of the TDABC model is given and a comparison made between this methodology and its predecessor ABC. Thirty-six empirical contributions using TDABC over the period 2004-2012 were reviewed. The results and ...

OFFSHORING FOR SUSTAINABLE VALUE MANAGEMENT

Directory of Open Access Journals (Sweden)

Thaddeus Oforegbunam Ebiringa

2014-05-01

Full Text Available This paper evaluates offshoring as a strategic value management initiative using Cadbury Nigeria Plc as a case study. Through offshoring risks associated with inventory holding are hedged. A comparative analysis of in-house and offshored cost profiles as well as critical risk factors that affect firm value are evaluated. The result shows that offshoring led to immediate costs saving, freeing of funds previously held in inventory for other working capital investments as well as profitability for vendors. However, aside financial benefits to partners, it leads to increased stakeholders awareness, shared values, partnerships, teamwork and risk mitigation. It therefore follows that for sustainability of financial benefits of offshoring, concerted effort must be made by partners to ensure that critical drivers of value management are not compromised.

Offshore Outsourcing

DEFF Research Database (Denmark)

Petersen, Bent; Benito, Gabriel R. G.; Dovgan, Olesya

While the extant literature on offshore outsourcing deals with this operation mode in isolation, and typically with a focus on cost effects, we address the broader question of how companies choose and use outsourcing as part of foreign operation mode development and as a contributor to internatio...... that outsourcing can be used proactively to promote expanded international operations.......While the extant literature on offshore outsourcing deals with this operation mode in isolation, and typically with a focus on cost effects, we address the broader question of how companies choose and use outsourcing as part of foreign operation mode development and as a contributor...

Implementation Opportunities of Green Accounting for Activity-Based Costing (ABC in Romania

Directory of Open Access Journals (Sweden)

Sorinel Capusneanu

2008-01-01

Full Text Available This article refers to implementation opportunities of green accounting for the Activity- Based Costing method. It shows why we choose Activity-Based Costing method and what must be done in this way. Green accounting observes the specific principles of the Activity-Based Costing method. It also represents the advantages and disadvantages of the green accounting into an enterprise in case of Activity-Based Costing implementation. The paper describes the stages we must follow in case of implementation of green accounting alongside Activity-Based Costing method into an enterprise.

Improved cost of energy comparison of permanent magnet generators for large offshore wind turbines

NARCIS (Netherlands)

Hart, K.; McDonald, A.; Polinder, H.; Corr, E.; Carroll, J.

2014-01-01

This paper investigates geared and direct-drive permanent magnet generators for a typical offshore wind turbine, providing a detailed comparison of various wind turbine drivetrain configurations in order to minimise the Cost of Energy. The permanent magnet generator topologies considered include a

Activity-Based Costing (ABC and Time-Driven Activity-Based Costing (TDABC: Applicable Methods for University Libraries?

Directory of Open Access Journals (Sweden)

Kate-Riin Kont

2011-01-01

Full Text Available Objective – This article provides an overview of how university libraries research and adapt new cost accounting models, such as “activity-based costing” (ABC and “time-driven activity-based costing” (TDABC, focusing on the strengths and weaknesses of both methods to determine which of these two is suitable for application in university libraries.Methods – This paper reviews and summarizes the literature on cost accounting and costing practices of university libraries. A brief overview of the history of cost accounting, costing, and time and motion studies in libraries is also provided. The ABC and the TDABC method, designed as a revised and easier version of the ABC by Kaplan and Anderson (Kaplan & Anderson 2004 at the beginning of the 21st century, as well as the adoption and adaptation of these methods by university libraries are described, and their strengths and weaknesses, as well as their suitability for university libraries, are analyzed. Results – Cost accounting and costing studies in libraries have a long history, the first of these dating back to 1877. The development of cost accounting and time and motion studies can be seen as a natural evolution of techniques which were created to solve management problems. The ABC method is the best-known management accounting innovation of the last 20 years, and is already widely used in university libraries around the world. However, setting up an ABC system can be very costly, and the system needs to be regularly updated, which further increases its costs. The TDABC system can not only be implemented more quickly (and thus more cheaply, but also can be updated more easily than the traditional ABC, which makes the TDABC the more suitable method for university libraries.Conclusion – Both methods are suitable for university libraries. However, the ABC method can only be implemented in collaboration with an accounting department. The TDABC method can be tested and implemented by

Floating axis wind turbines for offshore power generation—a conceptual study

International Nuclear Information System (INIS)

Akimoto, Hiromichi; Tanaka, Kenji; Uzawa, Kiyoshi

2011-01-01

The cost of energy produced by offshore wind turbines is considered to be higher than land based ones because of the difficulties in construction, operation and maintenance on offshore sites. To solve the problem, we propose a concept of a wind turbine that is specially designed for an offshore environment. In the proposed concept, a floater of revolutionary shape supports the load of the wind turbine axis. The floater rotates with the turbine and the turbine axis tilts to balance the turbine thrust, buoyancy and gravity. The tilt angle is passively adjustable to wind force. The angle is 30° at rated power. The simplicity of the system leads to further cost reduction of offshore power generation.

Activity-based cost analysis in catheter-based angiography and interventional radiology

International Nuclear Information System (INIS)

Rautio, R.; Keski-Nisula, L.; Paakkala, T.

2003-01-01

The aim of this study was to analyse the costs of the interventional radiology unit and to identify the cost factors in the different activities of catheter-based angiographies and interventional radiology. In 1999 the number of procedures in the interventional radiological unit at Tampere University Hospital was 2968; 1601 of these were diagnostic angiographies, 526 endovascular and 841 nonvascular interventions. The costs were analysed by using Activity Based Cost (ABC) analysis. The budget of the interventional unit was approximately 1.8 million Euro. Material costs accounted for 67%, personnel costs for 17%, equipment costs for 14% and premises costs for 2% of this. The most expensive products were endografting of aortic aneurysms, with a mean price of 5291 Euro and embolizations of cerebral aneurysms (4472 Euro). Endografts formed 87.3% of the total costs in endografting and Guglielmi detachable coils accounted for 63.3% of the total costs in embolizations. The material costs formed the majority of the costs, especially in the newest and most complicated endovascular treatments. Despite the high cost of angiography equipment, its share of the costs is minor. In our experience ABC system is suitable for analysing costs in interventional radiology. (orig.)

Australian SME micro-offshoring opportunities in the Philippines: An expanding niche market?

OpenAIRE

Ross, Peter K.

2016-01-01

This paper examines how Filipino-based business process outsourcing centers have been developing services, including offshore "staff leasing" and "co-managed services" arrangements, that are helping to overcome traditional small and medium enterprise (SME) resource constraints. These "micro-offshoring" models greatly reduce transaction costs for Australian SMEs seeking to outsource/offshore former in-house work and appear to be supporting a rapid increase in the number of Australian-based SME...

Strategies for Implementing Activity-Based Costing in the UK Manufacturing Industry

OpenAIRE

Cheung, Wai Ming; Tan, Kian; Tan, Swee; Sutton, Caroline

2013-01-01

The purpose of this paper is to report the findings with a case study on why activity based costing lacks impact in the UK manufacturing industry. Activity based costing was performed on selected MT range subsystems of an electrical power generator to compare with the current UNN UK’s conven-tional costing system. The results have found that the current costing system works well for the MT products and thus change of costing system is not necessary for these products. The activity based costi...

Hidden Costs and the Role of Modularity

DEFF Research Database (Denmark)

Larsen, Marcus M.

2013-01-01

that the inability to effectively estimate the costs of implementing an activity in a foreign location has a negative impact on the process performance of that activity. Performance is deterred as operations are likely to be disrupted by opportunity costs and managerial responses. However, this relationship......This paper addresses estimation errors in strategic decision-making processes due to hidden costs. While previous research has investigated the antecedents of hidden costs, this paper investigates performance consequences. Using unique data on 221 offshoring implementations, it is argued...... is mitigated by the degree of modularity in the activity as it reduces the need for costly coordination in offshoring. This paper contributes to research on offshoring and strategic decision-making by emphasizing the importance of organizational design and of estimating the costs of internal organizational...

Modern earthquake engineering offshore and land-based structures

CERN Document Server

Jia, Junbo

2017-01-01

This book addresses applications of earthquake engineering for both offshore and land-based structures. It is self-contained as a reference work and covers a wide range of topics, including topics related to engineering seismology, geotechnical earthquake engineering, structural engineering, as well as special contents dedicated to design philosophy, determination of ground motions, shock waves, tsunamis, earthquake damage, seismic response of offshore and arctic structures, spatial varied ground motions, simplified and advanced seismic analysis methods, sudden subsidence of offshore platforms, tank liquid impacts during earthquakes, seismic resistance of non-structural elements, and various types of mitigation measures, etc. The target readership includes professionals in offshore and civil engineering, officials and regulators, as well as researchers and students in this field.

How a good understanding of the physical oceanography of your offshore renewables site can drive down project costs.

Science.gov (United States)

Royle, J.

2016-02-01

For an offshore renewables plant to be viable it must be safe and cost effective to build and maintain (i.e. the conditions mustn't be too harsh to excessively impede operations at the site), it must also have an energetic enough resource to make the project attractive to investors. In order to strike the correct balance between cost and resource reliable datasets describing the meteorological and oceanographic (metocean) environment needs to be collected, analysed and its findings correctly applied . This presentation will use three real world examples from Iberdrola`s portfolio of offshore windfarms in Europe to demonstrate the economic benefits of good quality metocean data and robust analysis. The three examples are: 1) Moving from traditional frequency domain persistence statistics to time domain installation schedules driven by reliable metocean data reduces uncertainty and allows the developer to have better handle on weather risk during contract negotiations. 2) By comparing the planned installation schedules from a well validated metocean dataset with a coarser low cost unvalidated metocean dataset we can show that each Euro invested in the quality of metocean data can reduce the uncertainty in installation schedules by four Euros. 3) Careful consideration of co-varying wave and tidal parameters can justify lower cost designs, such as lower platform levels leading to shorter and cheaper offshore wind turbine foundations. By considering the above examples we will prove the case for investing in analysis of well validated metocean models as a basis for sound financial planning of offshore renewables installations.

Offshore Transmission Technology

Energy Technology Data Exchange (ETDEWEB)

NONE

2012-10-15

The purpose of this document is to give an overview of offshore electricity transmission technologies. In particular this document is concerned with the use of High Voltage Direct Current (HVDC) systems and more specifically with the development of Voltage Source Converter (VSC) technology. This report outlines the current state of the main technology groups required for offshore HVDC transmission as well as giving examples of offshore projects (both current and future). Finally some indications of likely unit costs for HV assets are given.

Time-driven activity-based costing to identify opportunities for cost reduction in pediatric appendectomy.

Science.gov (United States)

Yu, Yangyang R; Abbas, Paulette I; Smith, Carolyn M; Carberry, Kathleen E; Ren, Hui; Patel, Binita; Nuchtern, Jed G; Lopez, Monica E

2016-12-01

As reimbursement programs shift to value-based payment models emphasizing quality and efficient healthcare delivery, there exists a need to better understand process management to unearth true costs of patient care. We sought to identify cost-reduction opportunities in simple appendicitis management by applying a time-driven activity-based costing (TDABC) methodology to this high-volume surgical condition. Process maps were created using medical record time stamps. Labor capacity cost rates were calculated using national median physician salaries, weighted nurse-patient ratios, and hospital cost data. Consumable costs for supplies, pharmacy, laboratory, and food were derived from the hospital general ledger. Time-driven activity-based costing resulted in precise per-minute calculation of personnel costs. Highest costs were in the operating room ($747.07), hospital floor ($388.20), and emergency department ($296.21). Major contributors to length of stay were emergency department evaluation (270min), operating room availability (395min), and post-operative monitoring (1128min). The TDABC model led to $1712.16 in personnel costs and $1041.23 in consumable costs for a total appendicitis cost of $2753.39. Inefficiencies in healthcare delivery can be identified through TDABC. Triage-based standing delegation orders, advanced practice providers, and same day discharge protocols are proposed cost-reducing interventions to optimize value-based care for simple appendicitis. II. Copyright © 2016 Elsevier Inc. All rights reserved.

Benchmarking in pathology: development of an activity-based costing model.

Science.gov (United States)

Burnett, Leslie; Wilson, Roger; Pfeffer, Sally; Lowry, John

2012-12-01

Benchmarking in Pathology (BiP) allows pathology laboratories to determine the unit cost of all laboratory tests and procedures, and also provides organisational productivity indices allowing comparisons of performance with other BiP participants. We describe 14 years of progressive enhancement to a BiP program, including the implementation of 'avoidable costs' as the accounting basis for allocation of costs rather than previous approaches using 'total costs'. A hierarchical tree-structured activity-based costing model distributes 'avoidable costs' attributable to the pathology activities component of a pathology laboratory operation. The hierarchical tree model permits costs to be allocated across multiple laboratory sites and organisational structures. This has enabled benchmarking on a number of levels, including test profiles and non-testing related workload activities. The development of methods for dealing with variable cost inputs, allocation of indirect costs using imputation techniques, panels of tests, and blood-bank record keeping, have been successfully integrated into the costing model. A variety of laboratory management reports are produced, including the 'cost per test' of each pathology 'test' output. Benchmarking comparisons may be undertaken at any and all of the 'cost per test' and 'cost per Benchmarking Complexity Unit' level, 'discipline/department' (sub-specialty) level, or overall laboratory/site and organisational levels. We have completed development of a national BiP program. An activity-based costing methodology based on avoidable costs overcomes many problems of previous benchmarking studies based on total costs. The use of benchmarking complexity adjustment permits correction for varying test-mix and diagnostic complexity between laboratories. Use of iterative communication strategies with program participants can overcome many obstacles and lead to innovations.

Organizational Adaptation in Offshoring

DEFF Research Database (Denmark)

Geisler Asmussen, Christian; Møller Larsen, Marcus; Pedersen, Torben

2016-01-01

Offshoring offers managers the promise of substantial economic benefits, but also comes with the risk of increased complexity and coordination challenges. We argue that offshoring firms must accumulate architectural knowledge to keep the cost of coordination of the geographically separated activi...

Offshore wind power grid connection-The impact of shallow versus super-shallow charging on the cost-effectiveness of public support

International Nuclear Information System (INIS)

Weissensteiner, Lukas; Haas, Reinhard; Auer, Hans

2011-01-01

Public support for electricity generation from renewable energy sources is commonly funded by non-voluntary transfers from electricity consumers to producers. Apparently, the cost-effective disposition of funds in terms of induced capacity deployment has to be regarded a key criterion for the success of renewable energy policy. Grid connection costs are a major cost component in the utilization of offshore wind energy for electricity generation. In this paper, the effect of different attribution mechanisms of these costs on overall cost-effectiveness from consumers' perspective is analyzed. The major result of this investigation is that an attribution of grid connection costs to grid operators - as against to generators - leads to a smaller producer surplus and, hence, to lower transfer costs for electricity consumers. Applying this approach to the deployment of UK Rounds II and III offshore wind farms could lead to annual savings of social transfers of Pounds 1.2b and an equal reduction of producer surplus. This amount would be sufficient to finance the deployment of additional 10% of the capacity under consideration. - Highlights: → Grid connection costs of marginal wind farm add to submarginal producer surplus. → Overall producer surplus to be paid for by electricity consumers (transfer costs). → Allocating grid connection costs to grid operators leads to transfer cost savings. → Savings for UK Rounds II and III offshore wind farm projects may reach Pounds 1.2b per year. → These savings could finance additional 10% capacity (+3.3 GW).

[Operating cost analysis of anaesthesia: activity based costing (ABC analysis)].

Science.gov (United States)

Majstorović, Branislava M; Kastratović, Dragana A; Vučović, Dragan S; Milaković, Branko D; Miličić, Biljana R

2011-01-01

Cost of anaesthesiology represent defined measures to determine a precise profile of expenditure estimation of surgical treatment, which is important regarding planning of healthcare activities, prices and budget. In order to determine the actual value of anaestesiological services, we started with the analysis of activity based costing (ABC) analysis. Retrospectively, in 2005 and 2006, we estimated the direct costs of anestesiological services (salaries, drugs, supplying materials and other: analyses and equipment.) of the Institute of Anaesthesia and Resuscitation of the Clinical Centre of Serbia. The group included all anesthetized patients of both sexes and all ages. We compared direct costs with direct expenditure, "each cost object (service or unit)" of the Republican Healthcare Insurance. The Summary data of the Departments of Anaesthesia documented in the database of the Clinical Centre of Serbia. Numerical data were utilized and the numerical data were estimated and analyzed by computer programs Microsoft Office Excel 2003 and SPSS for Windows. We compared using the linear model of direct costs and unit costs of anaesthesiological services from the Costs List of the Republican Healthcare Insurance. Direct costs showed 40% of costs were spent on salaries, (32% on drugs and supplies, and 28% on other costs, such as analyses and equipment. The correlation of the direct costs of anaestesiological services showed a linear correlation with the unit costs of the Republican Healthcare Insurance. During surgery, costs of anaesthesia would increase by 10% the surgical treatment cost of patients. Regarding the actual costs of drugs and supplies, we do not see any possibility of costs reduction. Fixed elements of direct costs provide the possibility of rationalization of resources in anaesthesia.

Cost Analysis of Prenatal Care Using the Activity-Based Costing Model: A Pilot Study

Science.gov (United States)

Gesse, Theresa; Golembeski, Susan; Potter, Jonell

1999-01-01

The cost of prenatal care in a private nurse-midwifery practice was examined using the activity-based costing system. Findings suggest that the activities of the nurse-midwife (the health care provider) constitute the major cost driver of this practice and that the model of care and associated, time-related activities influence the cost. This pilot study information will be used in the development of a comparative study of prenatal care, client education, and self care. PMID:22945985

Cost analysis of prenatal care using the activity-based costing model: a pilot study.

Science.gov (United States)

Gesse, T; Golembeski, S; Potter, J

1999-01-01

The cost of prenatal care in a private nurse-midwifery practice was examined using the activity-based costing system. Findings suggest that the activities of the nurse-midwife (the health care provider) constitute the major cost driver of this practice and that the model of care and associated, time-related activities influence the cost. This pilot study information will be used in the development of a comparative study of prenatal care, client education, and self care.

Dashboard auditing of ABC (Activity-Based Costing). Theoretical approaches

OpenAIRE

Căpuşneanu, Sorinel/I

2009-01-01

This article aims to define the dashboard auditing according to the specifics of Activity-Based Costing method (ABC). It describes the main objectives of dashboard auditing, the criteria that a dashboard auditor should meet and the step-by-step stages of the entire dashboard auditing process of an enterprise from steel industry according to the Activity-Based Costing method (ABC).

2016 Offshore Wind Market Report

Energy Technology Data Exchange (ETDEWEB)

Musial, Walter [National Renewable Energy Lab. (NREL), Golden, CO (United States); Beiter, Philipp [National Renewable Energy Lab. (NREL), Golden, CO (United States); Schwabe, Paul [National Renewable Energy Lab. (NREL), Golden, CO (United States); Tian, Tian [National Renewable Energy Lab. (NREL), Golden, CO (United States); Stehly, Tyler [National Renewable Energy Lab. (NREL), Golden, CO (United States); Spitsen, Paul [National Renewable Energy Lab. (NREL), Golden, CO (United States)

2017-08-07

The 2016 Offshore Wind Technologies Market Report is intended to provide stakeholders with quantitative information about the offshore wind market, technology, and cost trends in the United States and worldwide.

Fuzzy Activity Based Life Cycle Costing For Repairable Equipment

Directory of Open Access Journals (Sweden)

Mulubrhan Freselam

2016-01-01

Full Text Available Life-cycle cost (LCC is the much known method used for decision making that considers all costs in the life of a system or equipment. Predicting LCCs is fraught with potential errors, owing to the uncertainty in future events, future costs, interest rates, and even hidden costs. These uncertainties have a direct impact on the decision making. Activity based LCC is used to identify the activities and cost drivers in acquisition, operation and maintenance phase. This activity based LCC is integrated with fuzzy set theory and interval mathematics to model these uncertainties. Day–Stout–Warren (DSW algorithm and the vertex method are then used to evaluate competing alternatives. A case of two pumps (Pump A and Pump B are taken and their LCC is analysed using the developed model. The equivalent annual cost of Pump B is greater than Pump A, which leads the decision maker to choose Pump A over Pump B.

Offshore Wind Energy in Denmark

DEFF Research Database (Denmark)

Möller, Bernd; Hong, Lixuan; Hvelplund, Frede

for Denmark and invites to reconsider the technological and institutional choices made. Based on a continuous resource-economic model operating in a geographical information systems (GIS) environment, which describes resources, costs and area constraints in a spatially explicit way, the relation between......Offshore wind energy has developed in terms of turbine and project size, and currently undergoes a significant up-scaling to turbines and parks at greater distance to shore and deeper waters. Expectations to the positive effect of economies of scale on power production costs, however, have...... availability of locations, driven by accelerating requirements of environmental concern, park size and public acceptance, is one important driver. Mounting risk of mega-projects and the infinite demand for renewable energy is another likely cause. The present paper addresses the scale of offshore wind parks...

Structural health and prognostics management for offshore wind turbines :

Energy Technology Data Exchange (ETDEWEB)

Myrent, Noah J.; Kusnick, Joshua F.; Barrett, Natalie C.; Adams, Douglas E.; Griffith, Daniel

2013-04-01

Operations and maintenance costs for offshore wind plants are significantly higher than the current costs for land-based (onshore) wind plants. One way to reduce these costs would be to implement a structural health and prognostic management (SHPM) system as part of a condition based maintenance paradigm with smart load management and utilize a state-based cost model to assess the economics associated with use of the SHPM system. To facilitate the development of such a system a multi-scale modeling approach developed in prior work is used to identify how the underlying physics of the system are affected by the presence of damage and faults, and how these changes manifest themselves in the operational response of a full turbine. This methodology was used to investigate two case studies: (1) the effects of rotor imbalance due to pitch error (aerodynamic imbalance) and mass imbalance and (2) disbond of the shear web; both on a 5-MW offshore wind turbine in the present report. Based on simulations of damage in the turbine model, the operational measurements that demonstrated the highest sensitivity to the damage/faults were the blade tip accelerations and local pitching moments for both imbalance and shear web disbond. The initial cost model provided a great deal of insight into the estimated savings in operations and maintenance costs due to the implementation of an effective SHPM system. The integration of the health monitoring information and O&M cost versus damage/fault severity information provides the initial steps to identify processes to reduce operations and maintenance costs for an offshore wind farm while increasing turbine availability, revenue, and overall profit.

PRA-1 offshore platform start-up within seven days; Operacionalizacao da plataforma offshore PRA-1 em sete dias

Energy Technology Data Exchange (ETDEWEB)

Barbosa, Fernando; Mitidieri, Jorge; Faria, Jose Luis Coutinho de; Ribeiro, Juan Carlos; Moura, Mario Arthur [Construtora Norberto Oderbrecht S.A., Rio de Janeiro, RJ (Brazil)

2008-07-01

The technologic innovations are very hard features with regards to Offshore Engineering and Construction over the worldwide. The innovations only make sense since they are focus on the high productivity, safe job and cost reduction compared with the current technologies. Inside the scenario mentioned above is Construtora Norberto Odebrecht S.A. concept for the PRA-1 platform Engineering and Construction. Through a very advanced and innovation concept, it was defined as the Main Strategic Planning of the undertaking not use a temporary platform support (named in Brazil as 'Flotel') during the 'Hook-up', commissioning and star-up offshore phase. The success of the strategic made possible through the implementation of new engineering tools, and, besides this, through a very careful offshore planning focused on minimizing and make easier as much as possible the offshore activities. The planning can be basically spitted on the following parts: A- Onshore preparations (Assembly, Integration and Commissioning of the Utilities and Accommodation Modules) B- Offshore detailed planning of the critical activities concerning the start-up of the systems responsible for leaving the platform ready for 'live'. This operation was defined as 'seven days of platform live support' (main target of this paper). (author)

Assessing offshore wind potential

International Nuclear Information System (INIS)

Adelaja, Adesoji; McKeown, Charles; Calnin, Benjamin; Hailu, Yohannes

2012-01-01

Quantifying wind potential is a pivotal initial step in developing and articulating a state’s policies and strategies for offshore wind industry development. This is particularly important in the Great Lakes States where lessons from other offshore environments are not directly applicable. This paper presents the framework developed for conducting a preliminary assessment of offshore wind potential. Information on lake bathymetry and wind resources were combined in simulating alternative scenarios of technically feasible turbine construction depths and distance concerns by stakeholders. These yielded estimates of developable offshore wind areas and potential power generation. While concerns about the visibility of turbines from shore reduce the power that can be generated, engineering solutions that increase the depths at which turbines can be sited increase such potential power output. This paper discusses the costs associated with technical limitations on depth and the social costs related to public sentiments about distance from the shoreline, as well as the possible tradeoffs. The results point to a very large untapped energy resource in the Michigan’s Great Lakes, large enough to prompt policy action from the state government. - Highlights: ▶ We build a theoretical framework for modeling offshore wind power production. ▶ Illustration of the impact of technology and social limitations on offshore wind energy development. ▶ Geospatial modeling of the offshore wind potential of the Great Lakes.

Overall Optimization for Offshore Wind Farm Electrical System

DEFF Research Database (Denmark)

Hou, Peng; Hu, Weihao; Chen, Cong

2017-01-01

Based on particle swarm optimization (PSO), an optimization platform for offshore wind farm electrical system (OWFES) is proposed in this paper, where the main components of an offshore wind farm and key technical constraints are considered as input parameters. The offshore wind farm electrical...... system is optimized in accordance with initial investment by considering three aspects: the number and siting of offshore substations (OS), the cable connection layout of both collection system (CS) and transmission system (TS) as well as the selection of electrical components in terms of voltage level...... that save 3.01% total cost compared with the industrial layout, and can be a useful tool for OWFES design and evaluation....

Current trends in offshore technology

International Nuclear Information System (INIS)

Korsgaard, J.

1994-01-01

Although this is a technical symposium concerning advances in the technology of producing oil and gas offshore, a keynote address would not be complete without mentioning non-technical factors which are extremely important for the business of producing oil and gas offshore. These are political factors and economic factors. Offshore operations are an easy target for political forces that are opposed to marine operations involving the production and transfer of hydrocarbons. For example, the oil pollution act of 1990 was a reaction to the Exxon Valdez grounding in Alaska and this act has added significantly to the risk and cost of operating offshore. Another example of this is that it is becoming more and more difficult to dispose of produced water offshore. Producing oil and gas offshore is a business that competes with other energy sources such as coal and oil and gas from wells on land. The offshore oil can only compete with these other resources by providing the same product at a competitive price. Since offshore operations are inherently more costly than land operations, the offshore oil field or gas field must be significantly larger than a land field in order to be produced. Also the offshore oil field or gas field is more susceptible to environmental risks from weather. On a more positive note, there are technical developments which are taking place and have continuously taken place to make offshore oil and gas both more economic and safer to produce. These developments are briefly discussed

Offshore wind power in Finland

Energy Technology Data Exchange (ETDEWEB)

Holttinen, H. [VTT Energy, Espoo (Finland)

1998-12-31

The objectives of the project were to estimate the technical offshore wind power potential of the Gulf of Bothnia, with cost assessments, to study icing conditions and ice loads, and to design a foundation suitable for the environmental conditions. The technical offshore potential from Vaasa to Tornio is huge, more than 40 TWh/a, although the cost of offshore wind power is still higher than on land. Wind turbines have not previously been designed for the icing conditions found in Gulf of Bothnia and the recommendations for load cases and siting of megawatt-class turbines are an important result of the project. (orig.)

Offshore petroleum engineering task force report

International Nuclear Information System (INIS)

Ruelokke, M.

1999-05-01

The Offshore Petroleum Engineering Task Force was established in July 1998 in response to concerns about Newfoundland and Labrador's share of offshore petroleum engineering activity, with the aim of determining the current capability of the local sector, the demand for such companies and individuals until the year 2010, their capability to grow over that time-frame, and requirements in order to achieve that growth. The report summarizes the analysis undertaken by the Task Force as well as the conclusions it reached and associated recommendations. Section two provides an overview of the offshore engineering activity, including its origins, structure, and key success factors, and its also provides a profile of the industry, internationally, in Canada and in Newfoundland. Section three presents an analysis of the future demand for offshore engineering in Newfoundland until 2010, based on three development scenarios. Section four based on a Consulting Engineers of Newfoundland and Labrador (CENL) survey, establishes the present offshore engineering capacity and capabilities within the province. Section five examines current education and training programs and their ability to respond to future demands. Section six summarizes the conclusions of the analysis and presents recommendations designed to facilitate and promote the development of the local offshore engineering industry. 6 figs

Assessment of Ports for Offshore Wind Development in the United States

Energy Technology Data Exchange (ETDEWEB)

Elkinton, Chris [DNV GL; Blatiak, Alicia; Ameen, Hafsa

2014-03-21

on GL GH’s review of U.S. ports infrastructure and its readiness to support the development of proposed offshore wind projects in U.S. waters. Specific examples of facility costs and benefits are provided for five coastal regions (North Atlantic, South Atlantic, Gulf of Mexico, Great Lakes, and Pacific) around the country. GL GH began this study by identifying the logistical requirements of offshore wind ports to service offshore wind. This review was based on lessons learned through industry practice in Northern Europe. A web-based port readiness assessment tool was developed to allow a capability gap analysis to be conducted on existing port facilities based on the identified requirements. Cost models were added to the assessment tool, which allowed GL GH to estimate the total upgrade cost to a port over the period 2014-2030 based on a set of regional project build-out scenarios. Port fee information was gathered from each port allowing an estimate of the potential revenue to the port under this same set of scenarios. The comparison of these revenue and improvement cost figures provides an initial indication of the level of offshore wind port readiness. To facilitate a more in-depth infrastructure analysis, six ports from different geographic regions, with varied levels of interest and preparedness towards offshore wind, were evaluated by modeling a range of installation strategies and port use types to identify gaps in capability and potential opportunities for economic development. Commonalities, trends, and specific examples from these case studies are presented and provide a summary of the current state of offshore wind port readiness in the U.S. and also illustrate the direction some ports have chosen to take to prepare for offshore wind projects. For example, the land area required for wind turbine and foundation manufacturing is substantial, particularly due to the large size of offshore wind components. Also, the necessary bearing capacities of the

Reliability-Based Optimal Design of Experiment Plans for Offshore Structures

DEFF Research Database (Denmark)

Sørensen, John Dalsgaard; Faber, Michael Havbro; Kroon, I. B.

1993-01-01

Design of cost optimal experiment plans on the basis of a preposterior analysis is discussed. In particular the planning of on-site response measurements on offshore structures in order to update probabilistic models for fatigue life estimation is addressed. Special emphasis is given to modelling...

Prospects of the French offshore wind power market

International Nuclear Information System (INIS)

Anon.

2011-12-01

This market study about the French offshore wind power industry presents: 1 - the bases of the offshore wind power market: wind turbine operation principle, foundations and scale change; 2 - business model of offshore wind power projects: logistical, technical and financial challenges, cost structure and profitability of projects (investment, power generation costs, incentive mechanisms), project development time; 3 - European and French regulatory framework: the energy/climate package, the French 'Grenelle de l'Environnement' commitments for the development of renewable energies; 4 - start up of the French offshore wind power market: the onshore wind power market looking for growth relaying, the lateness of the offshore market, outlines of the call for bids and of the first phase launching (schedule, selected sites and candidates), market development stakes and opportunities; 5 - offshore wind power overview in Europe - lessons for the French market prospects: status of the European market (installed power/country, projects in progress), European leaders of the market (analysis of the British, Danish and German markets successful takeoff), specificities of the French market (are all favourable conditions present?); 6 - takeoff of the French market - what opportunities on the overall value chain?: front-end of the industry (manufacturers and component suppliers: industry structure, competition, R and D, subcontractors in France), back-end of the industry (developers/operators: sector analysis, ambitions, alliances, competences), specific French know-how in offshore installation and connection of wind turbines (reconversion of harbour areas, re-positioning of shipbuilding industry). (J.S.)

Scour Forecasting for Offshore Wind Parks

DEFF Research Database (Denmark)

Hartvig, Peres Akrawi

In an effort to minimize the costs of offshore wind parks, the present research deals with optimizing a certain aspect of the support structure, namely the approach to scour. Scour is the phenomenon of seabed changes in the vicinity of the support structure that arises when the support structure......, scour forecasts facilitate the comparison between a scour design based on either deployment of scour-protection or enhanced structural design. The broad goal is to develop a method that produces accurate scour forecasts for offshore wind parks. The present research investigates more specifically which...

Activity-based costing of health-care delivery, Haiti.

Science.gov (United States)

McBain, Ryan K; Jerome, Gregory; Leandre, Fernet; Browning, Micaela; Warsh, Jonathan; Shah, Mahek; Mistry, Bipin; Faure, Peterson Abnis I; Pierre, Claire; Fang, Anna P; Mugunga, Jean Claude; Gottlieb, Gary; Rhatigan, Joseph; Kaplan, Robert

2018-01-01

To evaluate the implementation of a time-driven activity-based costing analysis at five community health facilities in Haiti. Together with stakeholders, the project team decided that health-care providers should enter start and end times of the patient encounter in every fifth patient's medical dossier. We trained one data collector per facility, who manually entered the time recordings and patient characteristics in a database and submitted the data to a cloud-based data warehouse each week. We calculated the capacity cost per minute for each resource used. An automated web-based platform multiplied reported time with capacity cost rate and provided the information to health-facilities administrators. Between March 2014 and June 2015, the project tracked the clinical services for 7162 outpatients. The cost of care for specific conditions varied widely across the five facilities, due to heterogeneity in staffing and resources. For example, the average cost of a first antenatal-care visit ranged from 6.87 United States dollars (US$) at a low-level facility to US$ 25.06 at a high-level facility. Within facilities, we observed similarly variation in costs, due to factors such as patient comorbidities, patient arrival time, stocking of supplies at facilities and type of visit. Time-driven activity-based costing can be implemented in low-resource settings to guide resource allocation decisions. However, the extent to which this information will drive observable changes at patient, provider and institutional levels depends on several contextual factors, including budget constraints, management, policies and the political economy in which the health system is situated.

Updating failure probability of a welded joint in offshore wind turbine substructures

DEFF Research Database (Denmark)

Mai, Quang A.; Sørensen, John Dalsgaard; Rigo, Philippe

2016-01-01

The operation and maintenance cost of offshore wind turbine substructures contributes significantly in the cost of a kWh. That cost may be lowered by application of reliability- and risk based maintenance strategies and reliability updating based on inspections performed during the design lifetim...

Whether or Not to Prepare for Offshoring

DEFF Research Database (Denmark)

Møller Larsen, Marcus; Geisler Asmussen, Christian; Pedersen, Torben

2012-01-01

A consequence of offshoring is increased coordination costs. To counter this, firms can strive to identify a cost reducing organizational configuration either ex ante or ex post to the offshoring implementation. In this paper, we investigate the performance implications of these contrasting strat...

Offshore wind energy : balancing risk and reward

International Nuclear Information System (INIS)

Nerland, C.

2010-01-01

Offshore wind energy developments are expected to increase as the demand for renewable energy sources grows. This poster presentation described a method of balancing risk and reward in offshore wind energy projects. The method was based on risk assessment strategies used by the oil and gas industry. The dedicated framework considered schedules; budgets; performance; and operating and maintenance costs. A value chain assessment method was used to optimize the balance between risk and reward by evaluating uncertainties and risk related to each project element and its relationship to other elements within an integrated dynamic model designed to determine the net present value of a project. The decision-making criteria included the RISKEX risk expenditure strategy designed to consider the balance between risk exposure, capital expenditures, and operational expenditures in relation to the statistical cost of unplanned repairs, and lost production capacity. A case study of a large offshore wind farm was used to demonstrate the method. tabs., figs.

Economic optimization of offshore wind farms

International Nuclear Information System (INIS)

Pauling, T.

1996-09-01

The study on the title subject continues the development of a cost model for offshore wind farms started at the Institute for Wind Energy (IW) in 1995, and applies it on different kinds of cost analyses. The model will be considered within the European research project 'Structural and Economic Optimization of Bottom-Mounted Offshore Wind Energy Converters' (Opti-OWECS, JOR3-CT95-0087) co-ordinated by the IW, where also the cost analyses and optimization will be extended. The conclusions of the investigations have already been presented at the European Union Wind Energy Conference '96 at Goeteborg, Sweden. In Chapter 1, a short overview of former offshore studies and projects is given, especially those dealing with cost analysis. Typical cost breakdowns of offshore and onshore wind farms are compared. Chapter 2 contains a brief description of the cost model in its present state. The recent improvements and extensions are documented in Chapter 3, and a validation by means of a recalculation of two former offshore studies is carried out in Chapter 4. In Chapter 5, four different offshore sites are compared with respect to the same farm size and an optimized farm design: Jade in the German part of the North Sea near Wilhelmshafen; Swansea Bay in the Bristol Channel at the British Atlantic Coast; Rostock at the German Baltic Coast, and IJmuiden in the Dutch part of the North Sea. In Chapter 6, a sensitivity study is carried out for a variety of site, design and economical parameters. The results of this project are summarized in Chapter 7, and an outlook is given in Chapter 8. The appendix contains among others a description of the SCOptiM2 code, where the model is implemented, as well as data obtained from the parameter studies and design optimizations. 30 figs., 8 tabs., 6 appendices, 40 refs

International activities and experience in offshore wind power generation; Internationale Aktivitaeten und Erfahrungen im Bereich der Offshore-Windenergienutzung

Energy Technology Data Exchange (ETDEWEB)

Rehfeldt, K.; Gerdes, G.J.

2002-01-01

Current activities in the area of offshore wind energy are being made only in the European Community in the form of concrete plans or as projects. Denmark and Sweden began as pioneers in the setting up of offshore wind parks along their coast in the Baltic Sea. As a world-wide first, Denmark saw the practicality of offshore wind energy as a way of reducing the emission of CO{sub 2} and opening new doors in the wind energy branch. Essential is not to name the ambitious goals, but that at the designated suitable regions, pilot projects are implemented therefore initiating extensive research and development projects. Our European neighbours have shown us through their own experience what great potential and underlying dynamic offshore wind energy has. The development of projects can be given with confidence to private sector, if however the main consensus from promoters and environmentalists is desired, then in this instance the governmental participation as a guide would be desirable. (orig.)

Offshore wind power experiences, potential and key issues for deployment

Energy Technology Data Exchange (ETDEWEB)

Lemming, J.; Morthorst, P.E.; Clausen, Niels-Erik

2009-01-15

Wind power has been growing at spectacular rates. Today it is the largest non-hydro renewable power technology. Worldwide there is 74 GW of installed capacity which is 1.7% of power generation capacity and in 2006 it accounted for 0.82% of electricity production. However, offshore wind still only counts for a very small amount and development has only taken place in North European counties round the North Sea and the Baltic Sea over the last 15 years. Offshore wind is still some 50% more expensive than onshore wind, but more wind resources and lesser visual impacts from larger turbines are expected to compensate for the higher installation costs in the long term. Most offshore wind farms are installed in British, Swedish and Danish waters, and present-day costs of installing wind energy in the UK are between 1,200 to 1,600 GBP/kW (1,781 to 2,375 Euro/kW) offshore, while in Sweden investment costs were 1,800 Euro/kW, and in Denmark 1,200 to 1,700 Euro/kW, though investment costs for a new wind farm are expected be in the range of 2.0 to 2.2 mill. Euro/MW for a near-shore shallow depth facility. Future developments in offshore wind technology concerning aerodynamics, structural dynamics, structural design, machine elements, electrical design and grid integration could drive investment costs from present-day range of 1.9 to 2.2 mill. Euro/MW down to 1.35 - 1.54 mill.Euro/MW in 2050, which accounts for a reduction of costs of approx. 35%. In order to sum up progress and identify future research needs, the International Energy Agency (IEA) Wind agreement Task 11 should arrange a new meeting concerning long term research needs for reviewing 'the long term strategy for 2000 to 2020' from 2001, to come up with suggestions / recommendations on how to define and proceed with, the necessary research activities of the IEA Wind Agreement and governments involved on key wind issues related to offshore technologies. (au)

Offshore investments: Denmark shows the way

International Nuclear Information System (INIS)

Anon.

1998-01-01

This article presents an overview of the use of wind power in Denmark and discusses the tremendous growth in the manufacture of wind turbines since 1981 with Denmark holding some 60% of the worlds' wind turbine market. The move to offshore wind farms is explained in terms of the shortage of land and the quality of the offshore wind, and details of the Tuno Knob pilot offshore wind farm are given. Offshore wind power in Europe, the challenges to offshore operations, the costs involved, environmental effects of the use of offshore wind, and the growing amount of wind power capacity are discussed

[Activity-based costing methodology to manage resources in intensive care units].

Science.gov (United States)

Alvear V, Sandra; Canteros G, Jorge; Jara M, Juan; Rodríguez C, Patricia

2013-11-01

An accurate estimation of resources use by individual patients is crucial in hospital management. To measure financial costs of health care actions in intensive care units of two public regional hospitals in Chile. Prospective follow up of 716 patients admitted to two intensive care units during 2011. The financial costs of health care activities was calculated using the Activity-Based Costing methodology. The main activities recorded were procedures and treatments, monitoring, response to patient needs, patient maintenance and coordination. Activity-Based Costs, including human resources and assorted indirect costs correspond to 81 to 88% of costs per disease in one hospital and 69 to 80% in the other. The costs associated to procedures and treatments are the most significant and are approximately $100,000 (Chilean pesos) per day of hospitalization. The second most significant cost corresponds to coordination activities, which fluctuates between $86,000 and 122,000 (Chilean pesos). There are significant differences in resources use between the two hospitals studied. Therefore cost estimation methodologies should be incorporated in the management of these clinical services.

NREL Offshore Balance-of-System Model

Energy Technology Data Exchange (ETDEWEB)

Maness, Michael [National Renewable Energy Lab. (NREL), Golden, CO (United States); Maples, Benjamin [National Renewable Energy Lab. (NREL), Golden, CO (United States); Smith, Aaron [National Renewable Energy Lab. (NREL), Golden, CO (United States)

2017-01-01

The U.S. Department of Energy (DOE) has investigated the potential for 20% of nationwide electricity demand to be generated from wind by 2030 and, more recently, 35% by 2050. Achieving this level of wind power generation may require the development and deployment of offshore wind technologies. DOE (2008) has indicated that reaching these 2030 and 2050 scenarios could result in approximately 10% and 20%, respectively, of wind energy generation to come from offshore resources. By the end of 2013, 6.5 gigawatts of offshore wind were installed globally. The first U.S. project, the Block Island Wind Farm off the coast of Rhode Island, has recently begun operations. One of the major reasons that offshore wind development in the United States is lagging behind global trends is the high capital expenditures required. An understanding of the costs and associated drivers of building a commercial-scale offshore wind plant in the United States will inform future research and help U.S. investors feel more confident in offshore wind development. In an effort to explain these costs, the National Renewable Energy Laboratory has developed the Offshore Balance-of-System model.

Visual disamenities from off-shore wind farms in Denmark

DEFF Research Database (Denmark)

Ladenburg, Jacob; Dubgaard, Alex; Tranberg, Jesper

2006-01-01

Expansion of the off-shore wind power plays a significant role in the energy policies of many EU countries. However, off-shore wind farms create visual disamenities. These disamenities can be reduced by locating wind farms at larger distances from the coast – and accepting higher costs per k......Wh produced. Base on the choices among alternative wind farm outlays, the preferences for reducing visual disamenities of off-shore wind farms were elicited using the Choice Experiment Method. The results show a clear picture; the respondents in three independent samples are willing to pay for mowing future...... off-shore wind farms away from the shore to reduce the wind farms visibility. However, the results also denote that the preferences vary with regards to the experiences with visual disamenities of off-shore wind farms. The respondents Horns Revs sample, where the off-shore wind farm is located...

Operations Assessment of Launch Vehicle Architectures using Activity Based Cost Models

Science.gov (United States)

Ruiz-Torres, Alex J.; McCleskey, Carey

2000-01-01

The growing emphasis on affordability for space transportation systems requires the assessment of new space vehicles for all life cycle activities, from design and development, through manufacturing and operations. This paper addresses the operational assessment of launch vehicles, focusing on modeling the ground support requirements of a vehicle architecture, and estimating the resulting costs and flight rate. This paper proposes the use of Activity Based Costing (ABC) modeling for this assessment. The model uses expert knowledge to determine the activities, the activity times and the activity costs based on vehicle design characteristics. The approach provides several advantages to current approaches to vehicle architecture assessment including easier validation and allowing vehicle designers to understand the cost and cycle time drivers.

Managing Risk Areas in Software Development Offshoring

DEFF Research Database (Denmark)

Persson, John Stouby; Schlichter, Bjarne Rerup

2015-01-01

Software companies are increasingly offshoring development to countries with high expertise at lower cost. Offshoring involves particular risk areas that if ignored increase the likelihood of failure. However, the offshoring client’s maturity level may influence the management of these risk areas...

Activity-based costing and its application in a Turkish university hospital.

Science.gov (United States)

Yereli, Ayşe Necef

2009-03-01

Resource management in hospitals is of increasing importance in today's global economy. Traditional accounting systems have become inadequate for managing hospital resources and accurately determining service costs. Conversely, the activity-based costing approach to hospital accounting is an effective cost management model that determines costs and evaluates financial performance across departments. Obtaining costs that are more accurate can enable hospitals to analyze and interpret costing decisions and make more accurate budgeting decisions. Traditional and activity-based costing approaches were compared using a cost analysis of gall bladder surgeries in the general surgery department of one university hospital in Manisa, Turkey. Copyright (c) AORN, Inc, 2009.

Offshore concrete structures; Estructuras Offshore (mar adentro) de Hormigon

Energy Technology Data Exchange (ETDEWEB)

Lamas Pardo, M.; Carral Couce, L. M.

2011-07-01

proof that in certain cases the benefits to the steel tip the lance toward the concrete. concrete Gravity Baseplaforms type Con deep have been building since the first unit became operational in 1976, together with a few floating platforms, that in its geometry are similar to those made of steel (barges, semi-submersibles and TLP type platforms). Some of the concepts in concrete that are being emerging last years are floating and gravity base platforms for use as offshore LNG terminals and as offshore industrial plants. The life of these barges can be designed up to 200 years, as the floating Nkossabarge, so they con be a good alternative to the construction of these facilities an land, thus avoiding landfills on the coast that degrade the already punished coast in industrialized countries. the challenge is precisely to optimize their capital costs to complete for an offshore installation against a shore facility. The environment will undoubtedly benefit from this great challenge that lies ahead in the XXI century. (Author) 29 refs.

Project alliancing in the offshore industry

International Nuclear Information System (INIS)

Halman, J.I.M.; Braks, B.F.M.

1999-01-01

In this paper the shift towards new types of project organisation within the offshore industry is explained and discussed. Special focus is given to the organisational concept of project alliancing. The principles, structure and culture of a project alliance as applied within the offshore industry are described. In the paper the organisational concept of project alliancing is discussed on its potential to reduce project costs and enhance profits, both for the operator (oil and gas company) as well as for participating contractors. A risk and reward mechanism developed to share project risks and rewards between allied parties is explained for an alliance case. Based upon an in-depth study carried out within a contractor company in the offshore industry the organisational and financial implications of project alliancing are presented. (author)

Methods development for cost-effective marine environmental monitoring at offshore wind farms in Norwegian waters

Energy Technology Data Exchange (ETDEWEB)

Dahlgren, Thomas; Schlaeppy, Marie-Lise; Olenin, Sergej; Shashkov, Alexej; Heggoey, Erling; Troedsson, Christofer

2011-07-01

present (rocky seabed, sand, gravel and stones) and are often exposed to severe waves and strong tidal currents. Keystone organisms at an exposed and complex hard bottom environment can potentially include large kelp species (Laminaria), red algae growing on bare rock (e.g. Lithothamnion) and reef or bed forming species such as the horse mussel (Modiolus modiolus) and maerl (coralline algae). These structure-forming organisms support a high diversity of marine life and provide important ecosystem services such as feeding grounds for commercially valuable fish and crayfish species. No studies have so far investigated the effects from large-scale offshore wind farms in this type of environment. The first year of benthic marine baseline data collection in the Havsul area, suggested that there is a lack of standards for monitoring methods at complex marine habitats dominated by bare rock, and kelp communities. We have applied a suite of methods chosen to detect changes in a range of habitats and trophic levels including traditional sediment coring, metagenomic diversity estimates, video data collection and assessment of the kelp community. Preliminary results suggest that it is necessary to adjust monitoring practises to the local environment. This makes comparisons with other regions difficult and may jeopardise efforts to conduct studies of potential cumulative impacts. Benthic community structure assessments and large scale habitat mapping based on video mosaic data is particularly promising both in terms of cost effective collection of data, data quality and sensitivity. (Author)

[Cost management: the implementation of the activity-based costing method in sterile processing department].

Science.gov (United States)

Jericó, Marli de Carvalho; Castilho, Valéria

2010-09-01

This exploratory case study was performed aiming at implementing the Activity-based Costing (ABC) method in a sterile processing department (SPD) of a major teaching hospital. Data collection was performed throughout 2006. Documentary research techniques and non participant closed observation were used. The ABC implementation allowed for learning the activity-based costing of both the chemical and physical disinfection cycle/load: (dollar 9.95) and (dollar 12.63), respectively; as well as the cost for sterilization by steam under pressure (autoclave) (dollar 31.37) and low temperature steam and gaseous formaldehyde sterilization (LTSF) (dollar 255.28). The information provided by the ABC method has optimized the overall understanding of the cost driver process and provided the foundation for assessing performance and improvement in the SPD processes.

THE IMPLEMENTATION OF ACTIVITY-BASED COSTING METHOD IN DETERMINING SELLING PRICES

Directory of Open Access Journals (Sweden)

Muhtarudin Muhtarudin

2017-08-01

Full Text Available Abstrak. Penelitian ini bertujuan untuk mengetahui  perbedaan perhitungan antara Harga Pokok Produksi  Sepatu  menggunakan metode tradisional  dengan  metode Activity-Based Costing.  Penelitian dilakukan pada 5 industri Sepatu di Sentra Industri Sepatu Cibaduyut Kota Bandung dengan metode pengumpulan data menggunakan teknik observasi, wawancara, dan dokumentasi. Jumlah populasi sebanyak 76 industri dan metode penentuan sampel menggunakan teknik purposive sampling. Teknik analisis yang digunakan dalam penelitian ini adalah analisis beda dua rata-rata.  Hasil dari penelitian ini menunjukkan bahwa terdapat perbedaan yang signifikan antara Harga Pokok Produkasi sepatu metode tradisional dengan  Activity-Based Costing.  Setelah menerapkan metode penentuan biaya dengan metode tersebut, Harga Pokok Produkasi adanya perbedaan  yang cukup signifikan sehingga penentuan harga jual yang salah. Karena menetapkan harga jual dengan melakukan mark-up  untuk menutupi biaya produksi.  Penentuan harga jual dengan cara ini menyebabkan harga jual yang terlalu rendah, sehingga tidak dapat mengoptimalkan laba Kata Kunci.  Activity-Based Costing; Harga Pokok Produksi; Harga Jual.   Abstract. This study aims to find out the difference between the calculation of shoe production cost using the traditional method as compared to that using the Activity-Based Costing method. The research was conducted on five shoe industries in the Shoes Industry Center in Cibaduyut Bandung, using such data collecting method as observation, interview, and documentation studies. The population comprises of 76 industries, and the method used for determining the sample is purposive sampling technique. The analytical technique used in this study is the analysis of two different averages. The results of this study indicate that there is a significant difference between the shoe production cost calculated using the traditional method and that calculated using the Activity-Based

Evaluation of offshore wind resources by scale of development

DEFF Research Database (Denmark)

Möller, Bernd; Hong, Lixuan; Lonsing, Reinhard

-economic model operating in a geographical information systems (GIS) environment, which describes resources, costs and area constraints in a spatially explicit way, the relation between project size, location, costs and ownership is analysed. Two scenarios are presented, which describe a state......Offshore wind energy has developed rapidly in terms of turbine and project size, and currently undergoes a significant up-scaling to turbines and parks at greater distance to shore and deeper waters. Expectations to the positive effect of economies of scale on power production costs, however, have...... can be explained by deeper water, higher distance to shore, bottlenecks in supply or higher raw material costs. The present paper addresses the scale of offshore wind parks for Denmark and invites to reconsider the technological and institutional choices made. Based on a continuous resource...

Evaluation of offshore wind resources by scale of development

DEFF Research Database (Denmark)

Möller, Bernd; Hong, Lixuan; Lonsing, Reinhard

2012-01-01

-economic model operating in a geographical information systems (GIS) environment, which describes resources, costs and area constraints in a spatially explicit way, the relation between project size, location, costs and ownership is analysed. Two scenarios are presented, which describe a state......Offshore wind energy has developed rapidly in terms of turbine and project size, and currently undergoes a significant up-scaling to turbines and parks at greater distance to shore and deeper waters. Expectations to the positive effect of economies of scale on power production costs, however, have...... can be explained by deeper water, higher distance to shore, bottlenecks in supply or higher raw material costs. The present paper addresses the scale of offshore wind parks for Denmark and invites to reconsider the technological and institutional choices made. Based on a continuous resource...

Solar power satellite offshore rectenna study

Science.gov (United States)

1980-01-01

It was found that an offshore rectenna is feasible and cost competitive with land rectennas but that the type of rectenna which is suitable for offshore use is quite different from that specified in the present reference system. The result is a nonground plane design which minimizes the weight and greatly reduces the number of costly support towers. This preferred design is an antenna array consisting of individually encapsulated dipoles with reflectors supported on feed wires. Such a 5 GW rectenna could be built at a 50 m water depth site to withstand hurricane and icing conditions for a one time cost of 5.7 billion dollars. Subsequent units would be about 1/3 less expensive. The east coast site chosen for this study represents an extreme case of severe environmental conditions. More benign and more shallow water sites would result in lower costs. Secondary uses such as mariculture appear practical with only minor impact on the rectenna design. The potential advantages of an offshore rectenna, such as no land requirements, removal of microwave radiation from populated areas and minimal impact on the local geopolitics argue strongly that further investigation of the offshore rectenna should be vigorously pursued.

Optimisation of electrical system for offshore wind farms via genetic algorithm

DEFF Research Database (Denmark)

Chen, Zhe; Zhao, Menghua; Blaabjerg, Frede

2009-01-01

An optimisation platform based on genetic algorithm (GA) is presented, where the main components of a wind farm and key technical specifications are used as input parameters and the electrical system design of the wind farm is optimised in terms of both production cost and system reliability....... The power losses, wind power production, initial investment and maintenance costs are considered in the production cost. The availability of components and network redundancy are included in the reliability evaluation. The method of coding an electrical system to a binary string, which is processed by GA......, is developed. Different GA techniques are investigated based on a real example offshore wind farm. This optimisation platform has been demonstrated as a powerful tool for offshore wind farm design and evaluation....

Continuous spatial modelling to analyse planning and economic consequences of offshore wind energy

International Nuclear Information System (INIS)

Moeller, Bernd

2011-01-01

Offshore wind resources appear abundant, but technological, economic and planning issues significantly reduce the theoretical potential. While massive investments are anticipated and planners and developers are scouting for viable locations and consider risk and impact, few studies simultaneously address potentials and costs together with the consequences of proposed planning in an analytical and continuous manner and for larger areas at once. Consequences may be investments short of efficiency and equity, and failed planning routines. A spatial resource economic model for the Danish offshore waters is presented, used to analyse area constraints, technological risks, priorities for development and opportunity costs of maintaining competing area uses. The SCREAM-offshore wind model (Spatially Continuous Resource Economic Analysis Model) uses raster-based geographical information systems (GIS) and considers numerous geographical factors, technology and cost data as well as planning information. Novel elements are weighted visibility analysis and geographically recorded shipping movements as variable constraints. A number of scenarios have been described, which include restrictions of using offshore areas, as well as alternative uses such as conservation and tourism. The results comprise maps, tables and cost-supply curves for further resource economic assessment and policy analysis. A discussion of parameter variations exposes uncertainties of technology development, environmental protection as well as competing area uses and illustrates how such models might assist in ameliorating public planning, while procuring decision bases for the political process. The method can be adapted to different research questions, and is largely applicable in other parts of the world. - Research Highlights: → A model for the spatially continuous evaluation of offshore wind resources. → Assessment of spatial constraints, costs and resources for each location. → Planning tool for

Time-driven activity-based costing: a driver for provider engagement in costing activities and redesign initiatives.

Science.gov (United States)

McLaughlin, Nancy; Burke, Michael A; Setlur, Nisheeta P; Niedzwiecki, Douglas R; Kaplan, Alan L; Saigal, Christopher; Mahajan, Aman; Martin, Neil A; Kaplan, Robert S

2014-11-01

To date, health care providers have devoted significant efforts to improve performance regarding patient safety and quality of care. To address the lagging involvement of health care providers in the cost component of the value equation, UCLA Health piloted the implementation of time-driven activity-based costing (TDABC). Here, the authors describe the implementation experiment, share lessons learned across the care continuum, and report how TDABC has actively engaged health care providers in costing activities and care redesign. After the selection of pilots in neurosurgery and urology and the creation of the TDABC team, multidisciplinary process mapping sessions, capacity-cost calculations, and model integration were coordinated and offered to engage care providers at each phase. Reviewing the maps for the entire episode of care, varying types of personnel involved in the delivery of care were noted: 63 for the neurosurgery pilot and 61 for the urology pilot. The average cost capacities for care coordinators, nurses, residents, and faculty were $0.70 (range $0.63-$0.75), $1.55 (range $1.28-$2.04), $0.58 (range $0.56-$0.62), and $3.54 (range $2.29-$4.52), across both pilots. After calculating the costs for material, equipment, and space, the TDABC model enabled the linking of a specific step of the care cycle (who performed the step and its duration) and its associated costs. Both pilots identified important opportunities to redesign care delivery in a costconscious fashion. The experimentation and implementation phases of the TDABC model have succeeded in engaging health care providers in process assessment and costing activities. The TDABC model proved to be a catalyzing agent for cost-conscious care redesign.

Lower cash flow hampers offshore activities

International Nuclear Information System (INIS)

Hughes, C.

1992-01-01

This paper reports that the past 18 months have seen many changes in the North Sea petroleum industry. There have been some major corporate deals, resulting in departure of certain players and the introduction of new companies. The Northwest European continental shelf has been notably active in terms of farm-ins/outs, asset sales and swaps, primarily offshore the United Kingdom and Netherlands. As a result of last year's activity, it appears that majors are gradually disposing of some of their interests in mature areas like the North Sea, in favor of frontier regions like the CIS and Far East

Activity Based Costings anvendelse til beslutningstagen

DEFF Research Database (Denmark)

Nielsen, Steen; Melander, Preben; Jakobsen, Morten

2007-01-01

Activity-Based Costing (ABC) er stadig ét af mest omtalte "moderne" økonomistyringsværktøjer såvel blandt private virksomheder af undersøgelsen, som i offentlige organisationer. En ny state-of-the-art undersøgelse af 90 mellemstore og større danske fremstillingsvirksomheder blev gennemført i 2003...... relation til de fremtidige muligheder, herunder en cost/benefit betragtning ved implementering af ABC. Vi har tilføjet en del kvalitative kommentarer, som respondenterne har tilføjet. Disse er vigtige i forhold til en forståelse for, hvorfor eller hvorfor ikke ABC anvendes. Til sidst perspektiveres også...

Industry decries sharp decline in U.S. offshore activity

International Nuclear Information System (INIS)

Anon.

1992-01-01

Roadblocks to offshore activity in the U.S. drew much of the spotlight at the 24th Offshore Technology Conference last week in Houston. Among OTC highlights included in this paper are: Two panels reviewed how federal leasing moratoriums and regulatory restrictions are reining U.S. offshore development. Conoco Inc.'s manager of exploration and development in Russia detailed the allure of giant and supergiant fields in the Commonwealth of Independent States and reviewed the status of the company's efforts to negotiate E and D deals with Russian partners. Minerals Management Service officials reviewed environmental challenges facing operators on the U.S. Outer Continental Shelf and new MMS inspection strategies in the Gulf of Mexico. The 1992 OTC Distinguished Achievement Award for companies went to Brazil's Petroleo Brasileiro SA for deepwater development records set with the 3 Marlim well in the Campos basin off Brazil

Designing an activity-based costing model for a non-admitted prisoner healthcare setting.

Science.gov (United States)

Cai, Xiao; Moore, Elizabeth; McNamara, Martin

2013-09-01

To design and deliver an activity-based costing model within a non-admitted prisoner healthcare setting. Key phases from the NSW Health clinical redesign methodology were utilised: diagnostic, solution design and implementation. The diagnostic phase utilised a range of strategies to identify issues requiring attention in the development of the costing model. The solution design phase conceptualised distinct 'building blocks' of activity and cost based on the speciality of clinicians providing care. These building blocks enabled the classification of activity and comparisons of costs between similar facilities. The implementation phase validated the model. The project generated an activity-based costing model based on actual activity performed, gained acceptability among clinicians and managers, and provided the basis for ongoing efficiency and benchmarking efforts.

IVF cycle cost estimation using Activity Based Costing and Monte Carlo simulation.

Science.gov (United States)

Cassettari, Lucia; Mosca, Marco; Mosca, Roberto; Rolando, Fabio; Costa, Mauro; Pisaturo, Valerio

2016-03-01

The Authors present a new methodological approach in stochastic regime to determine the actual costs of an healthcare process. The paper specifically shows the application of the methodology for the determination of the cost of an Assisted reproductive technology (ART) treatment in Italy. The reason of this research comes from the fact that deterministic regime is inadequate to implement an accurate estimate of the cost of this particular treatment. In fact the durations of the different activities involved are unfixed and described by means of frequency distributions. Hence the need to determine in addition to the mean value of the cost, the interval within which it is intended to vary with a known confidence level. Consequently the cost obtained for each type of cycle investigated (in vitro fertilization and embryo transfer with or without intracytoplasmic sperm injection), shows tolerance intervals around the mean value sufficiently restricted as to make the data obtained statistically robust and therefore usable also as reference for any benchmark with other Countries. It should be noted that under a methodological point of view the approach was rigorous. In fact it was used both the technique of Activity Based Costing for determining the cost of individual activities of the process both the Monte Carlo simulation, with control of experimental error, for the construction of the tolerance intervals on the final result.

Technological learning in offshore wind energy: Different roles of the government

International Nuclear Information System (INIS)

Smit, Thijs; Junginger, Martin; Smits, Ruud

2007-01-01

Offshore wind energy is a promising source of renewable electricity, even though its current costs prevent large-scale implementation. Technological learning has improved the technology and its economic performance already, and could result in significant further improvements. This study investigates how technological learning takes place in offshore wind energy and how technological learning is related to different policy regimes. Offshore wind energy developments in Denmark and the United Kingdom have been analysed with a technology-specific innovation systems approach. The results reveal that the dominant forms of learning are learning by doing and learning by using. At the same time, learning by interacting is crucial to achieve the necessary binding elements in the technology-specific innovation system. Generally, most learning processes were performed by self-organizing entities. However, sometimes cultural and technical barriers occurred, excluding component suppliers and knowledge institutes from the innovation system. Danish policies successfully anticipated these barriers and removed them; therefore, the Danish policies can be characterized as pro-active. British policies shaped stable conditions for learning only; therefore, they can be characterized as active. In the future, barriers could hinder learning by interacting between the oil and gas industry, the offshore wind industry and academia. Based on this study, we suggest national and international policy makers to design long-term policies to anticipate these barriers, in order to contribute to technological learning

PENERAPAN ACTIVITY BASED COSTING SYSTEM DALAM PERHITUNGAN PROFITABILITAS PRODUK PADA UD. NIAGA BAKTI

Directory of Open Access Journals (Sweden)

Fena Ulfa Aulia

2015-06-01

Full Text Available The Charge imposition of factory overhead based on traditional systems often cause distorted costs. One of efforts to overcome these distortions fees is with charging the costs  factory overhead  by the activity based costing. The use of activity based costing can also help companies that produce many products  in determining the level of profitability. Profitability indicates whether an enterprise has good prospects in the future for the company's survival. This research is a quantitative descriptive research conducted at UD NIAGA BAKTI engaged in the processing of tuna fish PETIS in Pamekasan located in the village of Konang, Subdistrict of Galis, Regency of Pamekasan. The type of data  used in this research is quantitative data obtained by direct observation and Interview. This techniques of research analysis calculates and compares the products profitability of PETIS by using traditional cost systems and costing system based activity. The results of this research indicates that there are differences in the principal cost of production and profitability UD NIAGA BAKTI by using activity based costing compared  Traditional Cost Systems.

Reverse logistics applied to offshore exploration drilling; A logistica reversa aplicada as operacoes de perfuracao exploratoria 'offshore'

Energy Technology Data Exchange (ETDEWEB)

Carvalho, Paulo Roberto dos Santos; Silva, Douglas Resende Teixeira da [Repsol YPF Brasil S.A. - Unidade de Negocios. Exploracao e Producao(Brazil); Moyano, Ignacio Sanchez [Universidad Politecnica de Madrid (Spain); Ferreira Filho, Virgilio Jose Martins; Valle, Rogerio [Universidade Federal do Rio de Janeiro (UFRJ), RJ (Brazil). Coordenacao dos Programas de Pos-Graduacao de Engenharia (COPPE)

2008-07-01

Reverse Logistic manages the return of resources and related information to production unities, after their use. Nowadays, it includes a special focus on environmental implications of used products, such as waste recycling or disposal. This paper considers the feasibility of reverse logistics for offshore exploration drilling activities, involving environmental aspects such as recycling, reuse of products after utilization and reduction of raw materials requirements. Although in Brazil the environmental licensing demands oil companies to have an organized management of their waste (requiring a total control over the final destination of the waste), costs and possible returns for waste management are considered negligible, in face of high oil prices and limited availability of offshore drilling rigs. Consequently, any potential benefit from its efficient management, or even reuse or trade, is not taken into account during the operation planning stage. The paper proposes Life Cycle Management as a continuous improvement management system aimed to minimize the environmental and socio-economic burdens associated with oil offshore production throughout its entire life cycle and value chain, that could provide cost-cuts such as a reduction in raw materials needs through reuse of waste, or even as a real income if selling the waste and/or recycled materials. (author)

A stakeholder analysis of divergent supply-chain trends for the European onshore and offshore wind installations

International Nuclear Information System (INIS)

Wüstemeyer, Christoph; Madlener, Reinhard; Bunn, Derek W.

2015-01-01

This paper provides a survey-based analysis of investment decisions and structural shifts related to onshore and offshore wind power supply chains. Insights on cost reductions are obtained from a detailed stakeholder survey conducted amongst the European wind power industry in 2012. Overall, a rather more optimistic view of the scope for cost reductions in offshore technology is presented than has previously been evident in empirical analysis. From the analysis we conclude that the wind power industry has experienced a decoupling process of the offshore supply chain from its onshore counterpart with diverging technological requirements. For policy-makers, it is essential to acknowledge that barriers to adoption and the consequent needs for subsidies among the players in the onshore and offshore supply chains seem to differ, and that a micro-level analysis of the innovations and risks involved at the various stages in the supply chain is necessary. - Highlights: • Survey-based analysis of supply chain trends in the European wind energy industry. • Study of technology adoption decisions, structural shifts, and cost projections. • Results reveal a decoupling process between onshore and offshore supply chains. • Possibilities to transfer knowledge from the onshore to the offshore product vary. • The divergent barriers to adoption need to be accounted for by policy-makers

Activities identification for activity-based cost/management applications of the diagnostics outpatient procedures.

Science.gov (United States)

Alrashdan, Abdalla; Momani, Amer; Ababneh, Tamador

2012-01-01

One of the most challenging problems facing healthcare providers is to determine the actual cost for their procedures, which is important for internal accounting and price justification to insurers. The objective of this paper is to find suitable categories to identify the diagnostic outpatient medical procedures and translate them from functional orientation to process orientation. A hierarchal task tree is developed based on a classification schema of procedural activities. Each procedure is seen as a process consisting of a number of activities. This makes a powerful foundation for activity-based cost/management implementation and provides enough information to discover the value-added and non-value-added activities that assist in process improvement and eventually may lead to cost reduction. Work measurement techniques are used to identify the standard time of each activity at the lowest level of the task tree. A real case study at a private hospital is presented to demonstrate the proposed methodology. © 2011 National Association for Healthcare Quality.

Too much or too little of R&D offshoring : The impact of captive offshoring and contract offshoring on innovation performance

NARCIS (Netherlands)

Steinberg, Philip; Procher, Vivien D.; Urbig, Diemo

2017-01-01

Innovating firms may acquire foreign knowledge and improve their innovation performance by offshoring their R&D activities to their own foreign affiliates (captive offshoring) as well as by contracting out their R&D to external foreign parties (contract offshoring). This study examines the impact of

Gestão de custos florestais: um estudo de caso utilizando o Activity-Based Costing Forest management costs: a case study utilizing Activity-Based Costing

Directory of Open Access Journals (Sweden)

Alcir Ribeiro Carneiro de Almeida

1999-08-01

Full Text Available No atual cenário de industrialização globalizada, tornou-se fundamental a eficácia no gerenciamento dos custos considerados inevitavelmente necessários. Programas convencionais de redução dos custos não consideram o grau de agregação de valor das atividades de rotina pela distorção dos sistemas contábeis atuais. No presente estudo, apresentam-se os principais motivos da falta de relevância das informações de custo, comenta-se sobre o problema da redução de desperdícios florestais e suas conseqüências. A partir de um estudo de caso em uma empresa do setor florestal, demonstra-se uma simulação do Activity Based Costing (ABC em uma determinada área da empresa, concluindo-se que a adoção de sistemas de custeio mais aprimorados, tal como o ABC, devem fazer parte de programas que busquem o aumento da competitividade do setor florestal.In the current view of globalized industrialization, it has become fundamental to manage essential costs effectively. Conventional programs for reducing costs, do no consider the value agregation grade of routine activities because of the distortion of current accounting systems. This study, presents the main reasons for the lack of relevance of the cost information, commenting on the problem of the reduction of forest waste and its consequences. Using a case study in a company from the forest sector, a simulation of Activity Based Costing (ABC is demonstrated in a determined area of the company it is concluded that the adoption of a more refined cost system, such as the ABC, should be included in programs, that seek to increase the competitiveness of the forest sector.

Activity-based costing methodology as tool for costing in hematopathology laboratory.

Science.gov (United States)

Gujral, Sumeet; Dongre, Kanchan; Bhindare, Sonal; Subramanian, P G; Narayan, Hkv; Mahajan, Asim; Batura, Rekha; Hingnekar, Chitra; Chabbria, Meenu; Nair, C N

2010-01-01

Cost analysis in laboratories represents a necessary phase in their scientific progression. To calculate indirect cost and thus total cost per sample of various tests at Hematopathology laboratory (HPL). Activity-based costing (ABC) method is used to calculate per cost test of the hematopathology laboratory. Information is collected from registers, purchase orders, annual maintenance contracts (AMCs), payrolls, account books, hospital bills and registers along with informal interviews with hospital staff. Cost per test decreases as total number of samples increases. Maximum annual expense at the HPL is on reagents and consumables followed by manpower. Cost per test is higher for specialized tests which interpret morphological or flow data and are done by a pathologist. Despite several limitations and assumptions, this was an attempt to understand how the resources are consumed in a large size government-run laboratory. The rate structure needs to be revised for most of the tests, mainly for complete blood counts (CBC), bone marrow examination, coagulation tests and Immunophenotyping. This costing exercise is laboratory specific and each laboratory needs to do its own costing. Such an exercise may help a laboratory redesign its costing structure or at least understand the economics involved in the laboratory management.

Time-driven activity-based costing to estimate cost of care at multidisciplinary aerodigestive centers.

Science.gov (United States)

Garcia, Jordan A; Mistry, Bipin; Hardy, Stephen; Fracchia, Mary Shannon; Hersh, Cheryl; Wentland, Carissa; Vadakekalam, Joseph; Kaplan, Robert; Hartnick, Christopher J

2017-09-01

Providing high-value healthcare to patients is increasingly becoming an objective for providers including those at multidisciplinary aerodigestive centers. Measuring value has two components: 1) identify relevant health outcomes and 2) determine relevant treatment costs. Via their inherent structure, multidisciplinary care units consolidate care for complex patients. However, their potential impact on decreasing healthcare costs is less clear. The goal of this study was to estimate the potential cost savings of treating patients with laryngeal clefts at multidisciplinary aerodigestive centers. Retrospective chart review. Time-driven activity-based costing was used to estimate the cost of care for patients with laryngeal cleft seen between 2008 and 2013 at the Massachusetts Eye and Ear Infirmary Pediatric Aerodigestive Center. Retrospective chart review was performed to identify clinic utilization by patients as well as patient diet outcomes after treatment. Patients were stratified into neurologically complex and neurologically noncomplex groups. The cost of care for patients requiring surgical intervention was five and three times as expensive of the cost of care for patients not requiring surgery for neurologically noncomplex and complex patients, respectively. Following treatment, 50% and 55% of complex and noncomplex patients returned to normal diet, whereas 83% and 87% of patients experienced improved diets, respectively. Additionally, multidisciplinary team-based care for children with laryngeal clefts potentially achieves 20% to 40% cost savings. These findings demonstrate how time-driven activity-based costing can be used to estimate and compare patient costs in multidisciplinary aerodigestive centers. 2c. Laryngoscope, 127:2152-2158, 2017. © 2017 The American Laryngological, Rhinological and Otological Society, Inc.

Towards a mature offshore wind energy technology - guidelines from the opti-OWECS project

Science.gov (United States)

Kühn, M.; Bierbooms, W. A. A. M.; van Bussel, G. J. W.; Cockerill, T. T.; Harrison, R.; Ferguson, M. C.; Göransson, B.; Harland, L. A.; Vugts, J. H.; Wiecherink, R.

1999-01-01

The article reviews the main results of the recent European research project Opti-OWECS (Structural and Economic Optimisation of Bottom-Mounted Offshore Wind Energy Converters'), which has significantly improved the understanding of the requirements for a large-scale utilization of offshore wind energy. An integrated design approach was demonstrated for a 300 MW offshore wind farm at a demanding North Sea site. Several viable solutions were obtained and one was elaborated to include the design of all major components. Simultaneous structural and economic optimization took place during the different design stages. An offshore wind energy converter founded on a soft-soft monopile was tailored with respect to the distinct characteristics of dynamic wind and wave loading. The operation and maintenance behaviour of the wind farm was analysed by Monte Carlo simulations. With an optimized maintenance strategy and suitable hardware a high availability was achieved. Based upon the experience from the structural design, cost models for offshore wind farms were developed and linked to a European database of the offshore wind energy potential. This enabled the first consistent estimate of cost of offshore wind energy for entire European regions.

Application of the Activity-Based Costing Method for Unit-Cost Calculation in a Hospital

Science.gov (United States)

Javid, Mahdi; Hadian, Mohammad; Ghaderi, Hossein; Ghaffari, Shahram; Salehi, Masoud

2016-01-01

Background: Choosing an appropriate accounting system for hospital has always been a challenge for hospital managers. Traditional cost system (TCS) causes cost distortions in hospital. Activity-based costing (ABC) method is a new and more effective cost system. Objective: This study aimed to compare ABC with TCS method in calculating the unit cost of medical services and to assess its applicability in Kashani Hospital, Shahrekord City, Iran. Methods: This cross-sectional study was performed on accounting data of Kashani Hospital in 2013. Data on accounting reports of 2012 and other relevant sources at the end of 2012 were included. To apply ABC method, the hospital was divided into several cost centers and five cost categories were defined: wage, equipment, space, material, and overhead costs. Then activity centers were defined. ABC method was performed into two phases. First, the total costs of cost centers were assigned to activities by using related cost factors. Then the costs of activities were divided to cost objects by using cost drivers. After determining the cost of objects, the cost price of medical services was calculated and compared with those obtained from TCS. Results: The Kashani Hospital had 81 physicians, 306 nurses, and 328 beds with the mean occupancy rate of 67.4% during 2012. Unit cost of medical services, cost price of occupancy bed per day, and cost per outpatient service were calculated. The total unit costs by ABC and TCS were respectively 187.95 and 137.70 USD, showing 50.34 USD more unit cost by ABC method. ABC method represented more accurate information on the major cost components. Conclusion: By utilizing ABC, hospital managers have a valuable accounting system that provides a true insight into the organizational costs of their department. PMID:26234974

Application of the Activity-Based Costing Method for Unit-Cost Calculation in a Hospital.

Science.gov (United States)

Javid, Mahdi; Hadian, Mohammad; Ghaderi, Hossein; Ghaffari, Shahram; Salehi, Masoud

2015-05-17

Choosing an appropriate accounting system for hospital has always been a challenge for hospital managers. Traditional cost system (TCS) causes cost distortions in hospital. Activity-based costing (ABC) method is a new and more effective cost system. This study aimed to compare ABC with TCS method in calculating the unit cost of medical services and to assess its applicability in Kashani Hospital, Shahrekord City, Iran.‎ This cross-sectional study was performed on accounting data of Kashani Hospital in 2013. Data on accounting reports of 2012 and other relevant sources at the end of 2012 were included. To apply ABC method, the hospital was divided into several cost centers and five cost categories were defined: wage, equipment, space, material, and overhead costs. Then activity centers were defined. ABC method was performed into two phases. First, the total costs of cost centers were assigned to activities by using related cost factors. Then the costs of activities were divided to cost objects by using cost drivers. After determining the cost of objects, the cost price of medical services was calculated and compared with those obtained from TCS.‎ The Kashani Hospital had 81 physicians, 306 nurses, and 328 beds with the mean occupancy rate of 67.4% during 2012. Unit cost of medical services, cost price of occupancy bed per day, and cost per outpatient service were calculated. The total unit costs by ABC and TCS were respectively 187.95 and 137.70 USD, showing 50.34 USD more unit cost by ABC method. ABC method represented more accurate information on the major cost components. By utilizing ABC, hospital managers have a valuable accounting system that provides a true insight into the organizational costs of their department.

Drilling in troubled waters. For an international regulation on offshore gas and oil activities

International Nuclear Information System (INIS)

Rochette, Julien

2014-01-01

Due to an increased energy demand, offshore activities are being extended to deep and ultra-deep waters: nearly one third of consumed oil and one quarter of consumed gas come from offshore drilling. This development threatens the environment and natural resources, and may have an impact on human activities which depend on the concerned ecosystems. As some accident had cross-border consequences, the relevance of the international regulatory framework is put into question again. This article first outlines the incomplete character of the legal framework for the safety of offshore activities: uncoordinated national systems, lack of an international convention, fragmented regional initiatives (some agreements exist for some specific regions: Arctic Sea, Baltic Sea, Mediterranean Sea, North-Eastern Atlantic, Persic Gulf and Oman Sea, Africa, western Indian Ocean). The author outlines that there is no international rules regarding responsibility and compensations. While highlighting the risks of a status-quo on these different issues, the author proposes and discusses a set of recommendations aimed at strengthening the regulation of offshore drilling activities

CFD for wind and tidal offshore turbines

CERN Document Server

Montlaur, Adeline

2015-01-01

The book encompasses novel CFD techniques to compute offshore wind and tidal applications. Computational fluid dynamics (CFD) techniques are regarded as the main design tool to explore the new engineering challenges presented by offshore wind and tidal turbines for energy generation. The difficulty and costs of undertaking experimental tests in offshore environments have increased the interest in the field of CFD which is used to design appropriate turbines and blades, understand fluid flow physical phenomena associated with offshore environments, predict power production or characterise offshore environments, amongst other topics.

L'exploitation pétrolière offshore : production et sécurité Offshore Oil Production and Safety

Directory of Open Access Journals (Sweden)

Champlon D.

2006-11-01

. To keep pace with increasing worldwide needs of hydrocarbons, exploration has steadily been extended to all sedimentary basins capable of containing oil or natural gas. Considering the promising hydrocarbon potential of seabeds, the search for new fields has been extended to sedimentary basins at sea - initially right near the coast, then on continental shelves (at depths of less than 200 m of water, and now farther offshore at water depths of several thousand meters. Since 1960, this expansion of offshore activities has been based on the development of many original techniques to face up to the novelty and complexity of the problems to be solved. At the saure time, the development of offshore activities and, now, the conquest of difficult and deep offshore areas have led to the implementation of safety specifications and vert' strict regulations so as to guarantee effective protection of installations, persons and other users of the sea, and to avert any danger of possible pollution. If all current offshore activities are considered within the world energy context, the following two questions can be asked: (1 Is the cost of offshore marine operations becoming prohibitive? (2 Does the energy situation justify the conquest of deeper and deeper seas? It would be useless as of now to pretend to give a precise and categorical answer to all such questions. Nevertheless, an economic analysis of offshore activities, being cons-cious of passed experience, and the extrapolating of the trends observed already constitute extremely useful bases for making an assessment.

Environmental risk analysis for offshore oil and gas activities

Energy Technology Data Exchange (ETDEWEB)

Brude, Odd Willy; Aspholm, Ole O.; Rudberg, Anders [Det Norske Veritas (Brazil)

2008-07-01

Offshore oil and gas activities always have a risk for environmental impact due to potential accidental releases of oil and gas. The environmental risk can be calculated as a combination of the frequency of such accidents to occur and their environmental consequences in terms of environmental damage to habitats or populations. A method for conducting environmental risk analysis has been in use in Norwegian offshore waters for a decade, with a continuously refinement of methodology over the past years. This paper outlines the principles in the MIRA method and gives examples and discussions regarding use in different environmental compartments. The risk assessment starts with identification of oil spill scenarios with frequencies of potential release rates and spill durations. The next step is to model the oil drift for each accidental oil spill scenario. Drift and fate of oil is modeled probabilistic. Based on the oil spill scenarios and their probability of oil pollution, the potential environmental damage is quantified for each scenario. The endpoint of environmental damage is reduction of a population and the resulting recovery time (in years) for various species and habitats. Environmental risk levels are then evaluated against the operating companies' environmental acceptance criteria. (author)

Leveraging Offshore IT Outsourcing by SMEs through Online Marketplaces

NARCIS (Netherlands)

U.L. Radkevitch (Uladzimir); H.W.G.M. van Heck (Eric); O.R. Koppius (Otto)

2006-01-01

textabstractFollowing their larger counterparts, an increasing number of small firms outsource their IT tasks to lower cost offshore destinations. For small firms, however, offshore outsourcing is a difficult undertaking as it involves high transaction costs. Online marketplaces for IT services,

Applying cost accounting to operating room staffing in otolaryngology: time-driven activity-based costing and outpatient adenotonsillectomy.

Science.gov (United States)

Balakrishnan, Karthik; Goico, Brian; Arjmand, Ellis M

2015-04-01

(1) To describe the application of a detailed cost-accounting method (time-driven activity-cased costing) to operating room personnel costs, avoiding the proxy use of hospital and provider charges. (2) To model potential cost efficiencies using different staffing models with the case study of outpatient adenotonsillectomy. Prospective cost analysis case study. Tertiary pediatric hospital. All otolaryngology providers and otolaryngology operating room staff at our institution. Time-driven activity-based costing demonstrated precise per-case and per-minute calculation of personnel costs. We identified several areas of unused personnel capacity in a basic staffing model. Per-case personnel costs decreased by 23.2% by allowing a surgeon to run 2 operating rooms, despite doubling all other staff. Further cost reductions up to a total of 26.4% were predicted with additional staffing rearrangements. Time-driven activity-based costing allows detailed understanding of not only personnel costs but also how personnel time is used. This in turn allows testing of alternative staffing models to decrease unused personnel capacity and increase efficiency. © American Academy of Otolaryngology—Head and Neck Surgery Foundation 2015.

Offshore concrete structures

International Nuclear Information System (INIS)

Lamas Pardo, M.; Carral Couce, L. M.

2011-01-01

proof that in certain cases the benefits to the steel tip the lance toward the concrete. concrete Gravity Baseplaforms type Con deep have been building since the first unit became operational in 1976, together with a few floating platforms, that in its geometry are similar to those made of steel (barges, semi-submersibles and TLP type platforms). Some of the concepts in concrete that are being emerging last years are floating and gravity base platforms for use as offshore LNG terminals and as offshore industrial plants. The life of these barges can be designed up to 200 years, as the floating Nkossabarge, so they con be a good alternative to the construction of these facilities an land, thus avoiding landfills on the coast that degrade the already punished coast in industrialized countries. the challenge is precisely to optimize their capital costs to complete for an offshore installation against a shore facility. The environment will undoubtedly benefit from this great challenge that lies ahead in the XXI century. (Author) 29 refs.

Clinical process analysis and activity-based costing at a heart center.

Science.gov (United States)

Ridderstolpe, Lisa; Johansson, Andreas; Skau, Tommy; Rutberg, Hans; Ahlfeldt, Hans

2002-08-01

Cost studies, productivity, efficiency, and quality of care measures, the links between resources and patient outcomes, are fundamental issues for hospital management today. This paper describes the implementation of a model for process analysis and activity-based costing (ABC)/management at a Heart Center in Sweden as a tool for administrative cost information, strategic decision-making, quality improvement, and cost reduction. A commercial software package (QPR) containing two interrelated parts, "ProcessGuide and CostControl," was used. All processes at the Heart Center were mapped and graphically outlined. Processes and activities such as health care procedures, research, and education were identified together with their causal relationship to costs and products/services. The construction of the ABC model in CostControl was time-consuming. However, after the ABC/management system was created, it opened the way for new possibilities including process and activity analysis, simulation, and price calculations. Cost analysis showed large variations in the cost obtained for individual patients undergoing coronary artery bypass grafting (CABG) surgery. We conclude that a process-based costing system is applicable and has the potential to be useful in hospital management.

Offshore winds mapped from satellite remote sensing

DEFF Research Database (Denmark)

Hasager, Charlotte Bay

2014-01-01

the uncertainty on the model results on the offshore wind resource, it is necessary to compare model results with observations. Observations from ground-based wind lidar and satellite remote sensing are the two main technologies that can provide new types of offshore wind data at relatively low cost....... The advantages of microwave satellite remote sensing are 1) horizontal spatial coverage, 2) long data archives and 3) high spatial detail both in the coastal zone and of far-field wind farm wake. Passive microwave ocean wind speed data are available since 1987 with up to 6 observations per day with near...

National Offshore Wind Energy Grid Interconnection Study

Energy Technology Data Exchange (ETDEWEB)

Daniel, John P. [ABB Inc; Liu, Shu [ABB Inc; Ibanez, Eduardo [National Renewable Energy Laboratory; Pennock, Ken [AWS Truepower; Reed, Greg [University of Pittsburgh; Hanes, Spencer [Duke Energy

2014-07-30

The National Offshore Wind Energy Grid Interconnection Study (NOWEGIS) considers the availability and potential impacts of interconnecting large amounts of offshore wind energy into the transmission system of the lower 48 contiguous United States. A total of 54GW of offshore wind was assumed to be the target for the analyses conducted. A variety of issues are considered including: the anticipated staging of offshore wind; the offshore wind resource availability; offshore wind energy power production profiles; offshore wind variability; present and potential technologies for collection and delivery of offshore wind energy to the onshore grid; potential impacts to existing utility systems most likely to receive large amounts of offshore wind; and regulatory influences on offshore wind development. The technologies considered the reliability of various high-voltage ac (HVAC) and high-voltage dc (HVDC) technology options and configurations. The utility system impacts of GW-scale integration of offshore wind are considered from an operational steady-state perspective and from a regional and national production cost perspective.

Determination of chest x-ray cost using activity based costing approach at Penang General Hospital, Malaysia.

Science.gov (United States)

Atif, Muhammad; Sulaiman, Syed Azhar Syed; Shafie, Asrul Akmal; Saleem, Fahad; Ahmad, Nafees

2012-01-01

Activity based costing (ABC) is an approach to get insight of true costs and to solve accounting problems. It provides more accurate information on product cost than conventional accounting system. The purpose of this study was to identify detailed resource consumption for chest x-ray procedure. Human resource cost was calculated by multiplying the mean time spent by employees doing specific activity to their per-minute salaries. The costs of consumables and clinical equipments were obtained from the procurement section of the Radiology Department. The cost of the building was calculated by multiplying the area of space used by the chest X-ray facility with the unit cost of public building department. Moreover, straight-line deprecation with a discount rate of 3% was assumed for calculation of equivalent annual costs for building and machines. Cost of electricity was calculated by multiplying number of kilo watts used by electrical appliance in the year 2010 with electricity tariff for Malaysian commercial consumers (MYR 0.31 per kWh). Five activities were identified which were required to develop one chest X-ray film. Human resource, capital, consumable and electricity cost was MYR 1.48, MYR 1.98, MYR 2.15 and MYR 0.04, respectively. Total cost of single chest X-ray was MYR 5.65 (USD 1.75). By applying ABC approach, we can have more detailed and precise estimate of cost for specific activity or service. Choice of repeating a chest X-ray can be based on our findings, when cost is a limiting factor.

Offshore wind energy developments

DEFF Research Database (Denmark)

Stolpe, Mathias; Buhl, Thomas; Sumer, B. Mutlu

2014-01-01

This chapter will give a brief overview of a few of the activities within offshore wind energy research, specifically 1) Support structure optimization, 2) Blade coatings for wind turbines; 3) Scour protection of foundations, 4) Offshore HVDC and 5) Offshore wind services....

Comparative Analysis Of Conventional Method With Activity Based Costing In PT Mulia Sejati Gallery

Directory of Open Access Journals (Sweden)

Irma Nadia Erena

2016-09-01

Full Text Available The goal of this research was to provide readers the information about the calculation methods, both traditional and activity-based costing in the application of the cost of production. The method used in this research was the qualitative method. The analysis was done by calculating the amount of the production cost using the traditional system and the magnitude of the production cost when using the activity-based costing system. The amount of each acquisition was then performed into data analysis. The results achieved are massive distortion between the calculations using traditional systems and activity based costing system. The conclusions of the whole thesis are activity-based costing system is considered more relevant than traditional systems that are currently used by the company.

Unlocking the Potential of Time-Driven Activity-Based Costing for Small Logistics Companies

NARCIS (Netherlands)

Somapa, S.; Cools, M.; Dullaert, W.E.H.

2012-01-01

This paper reports on the development of a time-driven activity-based costing (TDABC) model in a small-sized road transport and logistics company. Activity-based costing (ABC) leads to increased accuracy benefiting decision-making, but the costs of implementation can be high. TDABC tries to overcome

U.S. Offshore Wind Manufacturing and Supply Chain Development

Energy Technology Data Exchange (ETDEWEB)

Hamilton, Bruce Duncan [Navigant Consulting, Inc.

2013-02-22

The objective of the report is to provide an assessment of the domestic supply chain and manufacturing infrastructure supporting the U.S. offshore wind market. The report provides baseline information and develops a strategy for future development of the supply chain required to support projected offshore wind deployment levels. A brief description of each of the key chapters includes: » Chapter 1: Offshore Wind Plant Costs and Anticipated Technology Advancements. Determines the cost breakdown of offshore wind plants and identifies technical trends and anticipated advancements in offshore wind manufacturing and construction. » Chapter 2: Potential Supply Chain Requirements and Opportunities. Provides an organized, analytical approach to identifying and bounding the uncertainties associated with a future U.S. offshore wind market. It projects potential component-level supply chain needs under three demand scenarios and identifies key supply chain challenges and opportunities facing the future U.S. market as well as current suppliers of the nation’s land-based wind market. » Chapter 3: Strategy for Future Development. Evaluates the gap or competitive advantage of adding manufacturing capacity in the U.S. vs. overseas, and evaluates examples of policies that have been successful . » Chapter 4: Pathways for Market Entry. Identifies technical and business pathways for market entry by potential suppliers of large-scale offshore turbine components and technical services. The report is intended for use by the following industry stakeholder groups: (a) Industry participants who seek baseline cost and supplier information for key component segments and the overall U.S. offshore wind market (Chapters 1 and 2). The component-level requirements and opportunities presented in Section 2.3 will be particularly useful in identifying market sizes, competition, and risks for the various component segments. (b) Federal, state, and local policymakers and economic development

Activity-based costing methodology as tool for costing in hematopathology laboratory

Directory of Open Access Journals (Sweden)

Gujral Sumeet

2010-01-01

Full Text Available Background: Cost analysis in laboratories represents a necessary phase in their scientific progression. Aim: To calculate indirect cost and thus total cost per sample of various tests at Hematopathology laboratory (HPL Settings and Design: Activity-based costing (ABC method is used to calculate per cost test of the hematopathology laboratory. Material and Methods: Information is collected from registers, purchase orders, annual maintenance contracts (AMCs, payrolls, account books, hospital bills and registers along with informal interviews with hospital staff. Results: Cost per test decreases as total number of samples increases. Maximum annual expense at the HPL is on reagents and consumables followed by manpower. Cost per test is higher for specialized tests which interpret morphological or flow data and are done by a pathologist. Conclusions: Despite several limitations and assumptions, this was an attempt to understand how the resources are consumed in a large size government-run laboratory. The rate structure needs to be revised for most of the tests, mainly for complete blood counts (CBC, bone marrow examination, coagulation tests and Immunophenotyping. This costing exercise is laboratory specific and each laboratory needs to do its own costing. Such an exercise may help a laboratory redesign its costing structure or at least understand the economics involved in the laboratory management.

Penerapan Activity Based Costing System Dalam Perhitungan Profitabilitas Produk Pada Ud. Niaga Bakti

OpenAIRE

Aulia, Fena Ulfa; Anam, Khairul

2015-01-01

The Charge imposition of factory overhead based on traditional systems often cause distorted costs. One of efforts to overcome these distortions fees is with charging the costs factory overhead by the activity based costing. The use of activity based costing can also help companies that produce many products in determining the level of profitability. Profitability indicates whether an enterprise has good prospects in the future for the company's survival. This research is a quantitative de...

Activity – based costing in sport organizations:Theoretical background & future prospects

Directory of Open Access Journals (Sweden)

PANAGIOTIS E. DIMITROPOULOS

2007-01-01

Full Text Available Costing systems in recent years have shown a significantdevelopment and activity-based costing (ABC specificallyhas been considered as a major contribution to cost management, particularly in service businesses. The sport sector is composed to a great extent of service functions, yet considerably less have been reported of the use of activity based costing to support cost management in sport organizations. Since the power of information becomes continuously crucial for the implementation of effective business administration, the traditional methods of cost measurementproved insufficient on this issue, leading to the invention ofABC. The aim of this paper is twofold. First of all we wantto present the main theoretical background of ABC and itssubstantiated benefits, and secondly to present some practical steps for the implementation of ABC in sport organizations.

Offshoring Process

DEFF Research Database (Denmark)

Slepniov, Dmitrij; Sørensen, Brian Vejrum; Katayama, Hiroshi

2011-01-01

The purpose of this chapter is to contribute to the knowledge on how production offshoring and international operations management vary across cultural contexts. The chapter attempts to shed light on how companies approach the process of offshoring in different cultural contexts. In order...... of globalisation. Yet there are clear differences in how offshoring is conducted in Denmark and Japan. The main differences are outlined in a framework and explained employing cultural variables. The findings lead to a number of propositions suggesting that the process of offshoring is not simply a uniform...... technical-rational calculation of the most efficient organisation of activities across national borders, but it is rather specific to the parent companies’ national contexts....

The Economic Geography of Offshoring

DEFF Research Database (Denmark)

Ørberg Jensen, Peter D.; Pedersen, Torben

2011-01-01

when distinguishing between standardized and advanced activities. Asia attracts as many advanced activities as Western Europe while North America attracts more advanced activities even in manufacturing. Central and Eastern Europe attract offshoring in manufacturing and IT, but the activities...... that are offshored to these regions are typically not advanced. One important theoretical implication of this study is that a more detailed understanding of the nature of offshored activities is needed, since such attributes appear to be an important determinant of location choice....

Soil-Structure Interaction for Non-Slender, Large-Diameter Offshore Monopiles

DEFF Research Database (Denmark)

Sørensen, Søren Peder Hyldal

Offshore wind power is a domestic, sustainable and largely untapped energy resource. Today, the modern offshore wind turbine offers competitive production prices compared to other sources of renewable energy. Therefore, it is a key technology in breaking the dependence on fossil fuels...... and in achieving the energy and climate goals of the future. For offshore wind turbines, the costs of foundation typically constitute 20-30% of the total costs. Hence, improved methods for the design of foundations for offshore wind turbines can increase the competitiveness of offshore wind energy significantly....... The monopile foundation concept has been employed as the foundation for the majority of the currently installed offshore wind turbines. Therefore, this PhD thesis concerns the soil-pile interaction for non-slender, large-diameter offshore piles. A combination of numerical and physical modelling has been...

Activity-Based Costing in User Services of an Academic Library.

Science.gov (United States)

Ellis-Newman, Jennifer

2003-01-01

The rationale for using Activity-Based Costing (ABC) in a library is to allocate indirect costs to products and services based on the factors that most influence them. This paper discusses the benefits of ABC to library managers and explains the steps involved in implementing ABC in the user services area of an Australian academic library.…

Activity-based Costing (ABC) and Activity-based Management(ABM)Implementation – Is This the Solution for Organizations to Gain Profitability?

OpenAIRE

Ildikó Réka CARDOS; Stefan PETE

2011-01-01

Adherents of ABC/ABM systems claimed traditional management accounting systems generated misleading costs in a contemporary, tumultuous, often changing business environment and implementing ABC/ABM would remedy this. That is why activity-based costing (ABC) and activity-based management (ABM) represents the symbol of improved competitiveness and efficiency in every organization.The purpose of this article – after analyzing the existing literature in the field – is to emphasize that new cost s...

Innovative Offshore Wind Plant Design Study

Energy Technology Data Exchange (ETDEWEB)

Hurley, William L. [Glosten Associates, Inc., Seattle, WA (United States); Nordstrom, Charles J. [Glosten Associates, Inc., Seattle, WA (United States); Morrison, Brent J. [Glosten Associates, Inc., Seattle, WA (United States)

2013-12-18

Technological advancements in the Glosten PelaStar floating wind turbine system have led to projected cost of energy (COE) reductions from today’s best-in-class offshore wind systems. The PelaStar system is projected to deliver a COE that is 35% lower than that delivered by the current offshore wind plants. Several technology developments have been achieved that directly target significant cost of energy reductions. These include: Application of state-of-the-art steel construction materials and methods, including fatigue-resistant welding techniques and technologies, to reduce hull steel weight; Advancements in synthetic fiber tendon design for the mooring system, which are made possible by laboratory analysis of full-scale sub-rope specimens; Investigations into selected anchor technologies to improve anchor installation methods; Refinement of the installation method, specifically through development of the PelaStar Support Barge design. Together, these technology developments drive down the capital cost and operating cost of offshore wind plants and enable access to superb wind resources in deep water locations. These technology developments also reduce the uncertainty of the PelaStar system costs, which increases confidence in the projected COE reductions.

PENERAPAN ACTIVITY BASED COSTING SYSTEM DALAM PERHITUNGAN PROFITABILITAS PRODUK PADA UD. NIAGA BAKTI

OpenAIRE

Fena Ulfa Aulia; Khairul Anam

2015-01-01

The Charge imposition of factory overhead based on traditional systems often cause distorted costs. One of efforts to overcome these distortions fees is with charging the costs  factory overhead  by the activity based costing. The use of activity based costing can also help companies that produce many products  in determining the level of profitability. Profitability indicates whether an enterprise has good prospects in the future for the company's survival. This research is a quantitative de...

Offshore wind turbines reliability, availability and maintenance

CERN Document Server

Tavner, Peter

2012-01-01

The first book to specifically focus on offshore wind turbine technology and which addresses practically wind turbine reliability and availability. The book draws on the author's experience of power generation reliability and availability and the condition monitoring of that plant to describe the problems facing the developers of offshore wind farms and the solutions available to them to raise availability, reduce cost of energy and improve through life cost.

Reverse logistics applied to offshore exploration drilling; A logistica reversa aplicada as operacoes de perfuracao exploratoria 'offshore'

Energy Technology Data Exchange (ETDEWEB)

Carvalho, Paulo Roberto dos Santos; Silva, Douglas Resende Teixeira da [Repsol YPF Brasil S.A. - Unidade de Negocios. Exploracao e Producao(Brazil); Moyano, Ignacio Sanchez [Universidad Politecnica de Madrid (Spain); Ferreira Filho, Virgilio Jose Martins; Valle, Rogerio [Universidade Federal do Rio de Janeiro (UFRJ), RJ (Brazil). Coordenacao dos Programas de Pos-Graduacao de Engenharia (COPPE)

2008-07-01

Reverse Logistic manages the return of resources and related information to production unities, after their use. Nowadays, it includes a special focus on environmental implications of used products, such as waste recycling or disposal. This paper considers the feasibility of reverse logistics for offshore exploration drilling activities, involving environmental aspects such as recycling, reuse of products after utilization and reduction of raw materials requirements. Although in Brazil the environmental licensing demands oil companies to have an organized management of their waste (requiring a total control over the final destination of the waste), costs and possible returns for waste management are considered negligible, in face of high oil prices and limited availability of offshore drilling rigs. Consequently, any potential benefit from its efficient management, or even reuse or trade, is not taken into account during the operation planning stage. The paper proposes Life Cycle Management as a continuous improvement management system aimed to minimize the environmental and socio-economic burdens associated with oil offshore production throughout its entire life cycle and value chain, that could provide cost-cuts such as a reduction in raw materials needs through reuse of waste, or even as a real income if selling the waste and/or recycled materials. (author)

Costing improvement of remanufacturing crankshaft by integrating Mahalanobis-Taguchi System and Activity based Costing

Science.gov (United States)

Abu, M. Y.; Nor, E. E. Mohd; Rahman, M. S. Abd

2018-04-01

Integration between quality and costing system is very crucial in order to achieve an accurate product cost and profit. Current practice by most of remanufacturers, there are still lacking on optimization during the remanufacturing process which contributed to incorrect variables consideration to the costing system. Meanwhile, traditional costing accounting being practice has distortion in the cost unit which lead to inaccurate cost of product. The aim of this work is to identify the critical and non-critical variables during remanufacturing process using Mahalanobis-Taguchi System and simultaneously estimate the cost using Activity Based Costing method. The orthogonal array was applied to indicate the contribution of variables in the factorial effect graph and the critical variables were considered with overhead costs that are actually demanding the activities. This work improved the quality inspection together with costing system to produce an accurate profitability information. As a result, the cost per unit of remanufactured crankshaft of MAN engine model with 5 critical crankpins is MYR609.50 while Detroit engine model with 4 critical crankpins is MYR1254.80. The significant of output demonstrated through promoting green by reducing re-melting process of damaged parts to ensure consistent benefit of return cores.

Cost-price estimation of clinical laboratory services based on activity-based costing: A case study from a developing country.

Science.gov (United States)

Mouseli, Ali; Barouni, Mohsen; Amiresmaili, Mohammadreza; Samiee, Siamak Mirab; Vali, Leila

2017-04-01

It is believed that laboratory tariffs in Iran don't reflect the real costs. This might expose private laboratories at financial hardship. Activity Based Costing is widely used as a cost measurement instrument to more closely approximate the true cost of operations. This study aimed to determine the real price of different clinical tests of a selected private clinical laboratory. This study was a cross sectional study carried out in 2015. The study setting was the private laboratories in the city of Kerman, Iran. Of 629 tests in the tariff book of the laboratory (relative value), 188 tests were conducted in the laboratory that used Activity Based Costing (ABC) methodology to estimate cost-price. Analyzing and cost-price estimating of laboratory services were performed by MY ABCM software Version 5.0. In 2015, the total costs were $641,645. Direct and indirect costs were 78.3% and 21.7% respectively. Laboratory consumable costs by 37% and personnel costs by 36.3% had the largest share of the costing. Also, group of hormone tests cost the most $147,741 (23.03%), and other tests group cost the least $3,611 (0.56%). Also after calculating the cost of laboratory services, a comparison was made between the calculated price and the private sector's tariffs in 2015. This study showed that there was a difference between costs and tariffs in the private laboratory. One way to overcome this problem is to increase the number of laboratory tests with regard to capacity of the laboratories.

Estimation of cellular manufacturing cost components using simulation and activity-based costing

OpenAIRE

Paul Savory; Robert Williams

2010-01-01

It can be difficult estimating all of the cost components that are attributed to a machined part.  This problem is more pronounced when a factory uses group technology manufacturing cells as opposed to a functional or process layout of a job shop.  This paper describes how activity-based costing (ABC) concepts can be integrated into a discrete-event simulation model of a U-shaped manufacturing cell producing a part family with four members.  The simulation model generates detai...

Estimation of cellular manufacturing cost components using simulation and activity-based costing

OpenAIRE

Savory, Paul

2010-01-01

It can be difficult estimating all of the cost components that are attributed to a machined part. This problem is more pronounced when a factory uses group technology manufacturing cells as opposed to a functional or process layout of a job shop. This paper describes how activity-based costing (ABC) concepts can be integrated into a discrete-event simulation model of a U-shaped manufacturing cell producing a part family with four members. The simulation model generates detailed Bills of Ac...

Lake Michigan Offshore Wind Feasibility Assessment

Energy Technology Data Exchange (ETDEWEB)

Boezaart, Arnold [GVSU; Edmonson, James [GVSU; Standridge, Charles [GVSU; Pervez, Nahid [GVSU; Desai, Neel [University of Michigan; Williams, Bruce [University of Delaware; Clark, Aaron [GVSU; Zeitler, David [GVSU; Kendall, Scott [GVSU; Biddanda, Bopi [GVSU; Steinman, Alan [GVSU; Klatt, Brian [Michigan State University; Gehring, J. L. [Michigan State University; Walter, K. [Michigan State University; Nordman, Erik E. [GVSU

2014-06-30

recording wind data technology at a at a high confidence level as compared to traditional anemometer cup technology. • During storms, mean Turbulent Kinetic Energy (TKE) increases with height above water; • Sufficient wind resources exist over Lake Michigan to generate 7,684 kWh of power using a 850 kW rated turbine at elevations between 90 - 125 meters, a height lower than originally anticipated for optimum power generation; • Based on initial assessments, wind characteristics are not significantly different at distant (thirty-two mile) offshore locations as compared to near-shore (six mile) locations; • Significant cost savings can be achieved in generation wind energy at lower turbine heights and locating closer to shore. • Siting must be sufficiently distant from shore to minimize visual impact and to address public sentiment about offshore wind development; • Project results show that birds and bats do frequent the middle of Lake Michigan, bats more so than birds; • Based on the wind resource assessment and depths of Lake Michigan encountered during the project, future turbine placement will most likely need to incorporate floating or anchored technology; • The most appropriate siting of offshore wind energy locations will enable direct routing of transmission cables to existing generating and transmission facilities located along the Michigan shoreline; • Wind turbine noise propagation from a wind energy generating facility at a five mile offshore location will not be audible at the shoreline over normal background sound levels.

Soil-Structure Interaction For Nonslender, Large-Diameter Offshore Monopiles

DEFF Research Database (Denmark)

Sørensen, Søren Peder Hyldal

Strong political and industrial forces, especially in Northern Europe, support the development of new technologies as well as improvements of existing technologies within the field of renewable energy. Offshore wind power is a domestic, sustainable and largely untapped energy resource. Today......, the modern offshore wind turbine offers competitive production prices compared to other sources of renewable energy. Therefore, it is a key technology in breaking the dependence on fossil fuels and in achieving the energy and climate goals of the future. For offshore wind turbines, the costs of foundation...... typically constitutes 20-30 % of the total costs. Hence, improved methods for the design of foundations for offshore wind turbines can increase the competitiveness of offshore wind energy significantly. The monopile foundation concept has been employed as the foundation for the majority of the currently...

RAMSI management model and evaluation criteria for Nordic offshore wind asset

Energy Technology Data Exchange (ETDEWEB)

Tiusanen, R.; Jaennes, J. [VTT Technical Research Centre of Finland, Espoo (Finland); Liyanage, J. P. [Univ. of Stavanger, Center for Industrial Asset Management (Norway)

2012-07-01

The offshore wind energy sector is in the early stages of development, but it is growing fast. Due to the European Union's renewable-energy and climate goals along with national legislation, the offshore wind sector will develop strongly over the coming years in Europe. In the offshore wind energy sector, there are many different wind-turbine designs ranging from traditional mono pile structures to floating platforms, depending on the water depth. Today, most offshore turbines are based on onshore turbine designs, and turbine technology continues to develop incrementally. At the same time, there is strong demand in the market for new, innovative designs for offshore wind turbines whose main focus is reliability and cost efficiency. For floating offshore wind turbine designs, there may be new types of uncertainty and system risks compared with onshore wind turbines. Wind turbines in cold climates, such as those experienced in the Nordic countries, may be exposed to extreme conditions, such as formation of ice or very low temperatures that are outside the design limits of standard wind turbines. In the offshore wind energy sector, specification, implementation and verification of the so-called R&M's (Reliability, Availability, Maintainability, Safety and Inspect ability) requirements during development work are important for companies delivering wind turbines, from the perspective of system integrity. Decisions made before the formal design phase strongly determine the costs and benefits gained during the whole life cycle of a wind turbine. The benefits of implementing the R&M's program include support with investment decisions, cost management, improved management of resource requirements, systematic support with development and implementation of products, and integration of dependability and safety requirements. This publication outlines a model for managing R&M's factors during the conceptual design phase of an offshore wind turbine. The model

Offshoring and International Competitiveness

DEFF Research Database (Denmark)

Ørberg Jensen, Peter D.; Pedersen, Torben

2012-01-01

During the past decade, offshoring has become an established business practice. Yet it is still more common to offshore less advanced tasks compared with offshoring more advanced tasks, i.e., tasks closer to the core activities of the firm. The latter is a new phenomenon which raises many new iss...

Domestic R&D and Offshoring

DEFF Research Database (Denmark)

Junge, Martin; Sørensen, Anders

2017-01-01

survey and register data. No evidence is found for a lower probability of own R&D after offshoring takes place compared to before. Moreover, offshoring does not lead to lower R&D intensity in general. However, firms that offshore R&D activity have larger R&D intensity after offshoring has taken place...

Baltic 2 offshore wind farm. Challenges and solutions during design and erection of a 288 MW offshore wind power plant; Baltic 2 Offshore Windpark. Herausforderungen und Loesungen waehrend der Design- und Errichtungsphase eines 288 MW Offshore-Windkraftwerks

Energy Technology Data Exchange (ETDEWEB)

Stamatelopoulos, Georg-Nikolaus; Kansy, Stefan [EnBW Energie Baden-Wuerttemberg AG, Stuttgart (Germany); Hannibal, John Michael [Siemens AG, Hamburg (Germany). Wind Power and Renewables Div.; Frettloehr, Bjoern [EnBW Energie Baden-Wuerttemberg AG, Hamburg (Germany). Wind und Maritime Technik

2015-05-01

Offshore wind offers a great potential for reliable power supply with markedly less future costs. However, offshore also means special requirements related to transport and installation at sea. Even if these requirements alone are very stringent, they are not the only ones that apply. Meeting these challenges requires project organisation comparable to other major projects.

From laggard to leader: Explaining offshore wind developments in the UK

International Nuclear Information System (INIS)

Kern, Florian; Smith, Adrian; Shaw, Chris; Raven, Rob; Verhees, Bram

2014-01-01

Offshore wind technology has recently undergone rapid deployment in the UK. And yet, up until recently, the UK was considered a laggard in terms of deploying renewable energy. How can this burst of offshore wind activity be explained? An economic analysis would seek signs for newfound competitiveness for offshore wind in energy markets. A policy analysis would highlight renewable energy policy developments and assess their contribution to economic prospects of offshore wind. However, neither perspective sheds sufficient light on the advocacy of the actors involved in the development and deployment of the technology. Without an account of technology politics it is hard to explain continuing policy support despite rising costs. By analysing the actor networks and narratives underpinning policy support for offshore wind, we explain how a fairly effective protective space was constructed through the enroling of key political and economic interests. - Highlights: • UK is world leader in offshore wind deployment. • Article explains boom in deployment by looking at the politics of renewable energy policy. • Offshore wind is supported by a variety of actors with aligned political and economic interests. • Analysis highlights the importance of a system builder

Cost Analysis of MRI Services in Iran: An Application of Activity Based Costing Technique

International Nuclear Information System (INIS)

Bayati, Mohsen; Mahboub Ahari, Alireza; Badakhshan, Abbas; Gholipour, Mahin; Joulaei, Hassan

2015-01-01

Considerable development of MRI technology in diagnostic imaging, high cost of MRI technology and controversial issues concerning official charges (tariffs) have been the main motivations to define and implement this study. The present study aimed to calculate the unit-cost of MRI services using activity-based costing (ABC) as a modern cost accounting system and to fairly compare calculated unit-costs with official charges (tariffs). We included both direct and indirect costs of MRI services delivered in fiscal year 2011 in Shiraz Shahid Faghihi hospital. Direct allocation method was used for distribution of overhead costs. We used micro-costing approach to calculate unit-cost of all different MRI services. Clinical cost data were retrieved from the hospital registering system. Straight-line method was used for depreciation cost estimation. To cope with uncertainty and to increase the robustness of study results, unit costs of 33 MRI services was calculated in terms of two scenarios. Total annual cost of MRI activity center (AC) was calculated at USD 400,746 and USD 532,104 based on first and second scenarios, respectively. Ten percent of the total cost was allocated from supportive departments. The annual variable costs of MRI center were calculated at USD 295,904. Capital costs measured at USD 104,842 and USD 236, 200 resulted from the first and second scenario, respectively. Existing tariffs for more than half of MRI services were above the calculated costs. As a public hospital, there are considerable limitations in both financial and administrative databases of Shahid Faghihi hospital. Labor cost has the greatest share of total annual cost of Shahid Faghihi hospital. The gap between unit costs and tariffs implies that the claim for extra budget from health providers may not be relevant for all services delivered by the studied MRI center. With some adjustments, ABC could be implemented in MRI centers. With the settlement of a reliable cost accounting system

Cost Analysis of MRI Services in Iran: An Application of Activity Based Costing Technique.

Science.gov (United States)

Bayati, Mohsen; Mahboub Ahari, Alireza; Badakhshan, Abbas; Gholipour, Mahin; Joulaei, Hassan

2015-10-01

Considerable development of MRI technology in diagnostic imaging, high cost of MRI technology and controversial issues concerning official charges (tariffs) have been the main motivations to define and implement this study. The present study aimed to calculate the unit-cost of MRI services using activity-based costing (ABC) as a modern cost accounting system and to fairly compare calculated unit-costs with official charges (tariffs). We included both direct and indirect costs of MRI services delivered in fiscal year 2011 in Shiraz Shahid Faghihi hospital. Direct allocation method was used for distribution of overhead costs. We used micro-costing approach to calculate unit-cost of all different MRI services. Clinical cost data were retrieved from the hospital registering system. Straight-line method was used for depreciation cost estimation. To cope with uncertainty and to increase the robustness of study results, unit costs of 33 MRI services was calculated in terms of two scenarios. Total annual cost of MRI activity center (AC) was calculated at USD 400,746 and USD 532,104 based on first and second scenarios, respectively. Ten percent of the total cost was allocated from supportive departments. The annual variable costs of MRI center were calculated at USD 295,904. Capital costs measured at USD 104,842 and USD 236, 200 resulted from the first and second scenario, respectively. Existing tariffs for more than half of MRI services were above the calculated costs. As a public hospital, there are considerable limitations in both financial and administrative databases of Shahid Faghihi hospital. Labor cost has the greatest share of total annual cost of Shahid Faghihi hospital. The gap between unit costs and tariffs implies that the claim for extra budget from health providers may not be relevant for all services delivered by the studied MRI center. With some adjustments, ABC could be implemented in MRI centers. With the settlement of a reliable cost accounting system

Comparative evaluation of activity-based costing and variable costing: a case study at IPEN

International Nuclear Information System (INIS)

Esteves, Josefina Maria da Silva SILVA

2010-01-01

This research aims to compare the results with the application of Activity Based Costing and Variable Costing methods in an administrative unit of the Brazilian Federal Government: the Radiopharmacy Facility of IPEN (Institute for Energy and Nuclear Research), which produces radiopharmaceuticals products and develops R and D activities. Faced with the need to adopt a more economical and managerial public administration, this research has provided information to assess which of the two costing methods proves more suitable for cost management in that unit. The research is exploratory and a single-case study. We traced about 80% of material costs by observation 'in loco' of the entire manufacturing process of technetium generator, which represents the main product in terms of production volume and revenues. The results show that the Contribution Margin Variable Costing of 29.12% is very close to the operating income of 28.86%, ahead of support activities, obtained by ABC. It is also noted that the operational result of the product does not change by using either one or another costing method. In the two costing methods the end result is 24.20%. This occurs because the production is on demand. There is no inventory of finished product because it is radioactive. The research has revealed that both methods provide useful information for the management and optimization of costs and results of processes/activities, and that the two methods, in this case, may be used in an integrated and complementary approach, enabling to use the best information content of both. (author)

Trends in offshore wind economics – the past and the future

DEFF Research Database (Denmark)

Kitzing, Lena; Morthorst, Poul Erik

2015-01-01

our data set to investigate trends in investment cost, operation and maintenance cost, financing and profitability, and identify key economic drivers for offshore wind energy. More specifically, we analyse economic consequences in areas such as project sizes, turbine capacity, distance to shore...... and water depth, as well as the interrelations of the economic drivers in the areas. We then proceed to analysing industry expectations of cost reductions for offshore wind. This includes both previous cost reduction expectations and in how far they could be realised, as well as current cost reductions. We...... set them in perspective and identify the most important drivers for cost reductions in European offshore wind in the short and long term....

76 FR 39885 - Risk-Based Targeting of Foreign Flagged Mobile Offshore Drilling Units (MODUs)

Science.gov (United States)

2011-07-07

... Foreign Flagged Mobile Offshore Drilling Units (MODUs) AGENCY: Coast Guard, DHS. ACTION: Notice of... 11-06, Risk-Based Targeting of Foreign Flagged Mobile Offshore Drilling Units (MODUs). This policy... applicable regulations, every foreign-flagged mobile offshore drilling unit (MODU) must undergo a Coast Guard...

System evaluation of offshore platforms with gas liquefaction processes

DEFF Research Database (Denmark)

Nguyen, Tuong-Van; de Oliveira Júnior, Silvio

2018-01-01

Abstract Floating, production, storage and offloading plants are facilities used for offshore processing of hydrocarbons in remote locations. At present, the produced gas is injected back into the reservoir instead of being exported. The implementation of refrigeration processes offshore for liqu......Abstract Floating, production, storage and offloading plants are facilities used for offshore processing of hydrocarbons in remote locations. At present, the produced gas is injected back into the reservoir instead of being exported. The implementation of refrigeration processes offshore...... improvements are discussed based on an energy and exergy analysis. Compared to a standard platform where gas is directly injected into the reservoir, the total power consumption increases by up to 50%, and the exergy destruction within the processing plant doubles when a liquefaction system is installed....... It is therefore essential to conduct a careful analysis of the trade-off between the capital costs and operating revenues for such options....

Conference on offshore wind power in France and Germany

International Nuclear Information System (INIS)

Meyer, Ronny; Furois, Timothee; Nolte, Nico; Lanoe, Frederic; Lehmann-Matthaei, Bjoern; Ifflaender, Andree; Courcambeck, Alexandre; Giese, Norbert; Kavafyan, Philippe; Bjaert, Niels; Wagner, Andreas; Guillet, Jerome

2014-01-01

The French-German office for Renewable energies (OFAEnR) organised a conference on offshore wind power in France and Germany. In the framework of this French-German exchange of experience, about 120 participants exchanged views on the planning and authorisation procedures implemented in both countries and on the installation, connection to the grid and maintenance of offshore wind turbines. environmental impacts and usage conflicts linked with offshore wind farms exploitation were addressed as well. This document brings together the available presentations (slides) made during this event: 1 - Update: Offshore Wind In Germany (Ronny Meyer); 2 - Offshore wind development in France (Timothee Furois); 3 - The Licensing Procedure for Offshore Wind Farms in the German EEZ (Nico Nolte); 4 - Spatial Planning and Permitting in France: What leverage for more efficiency? (Frederic Lanoe); 5 - Results of 10 years environmental research on FINO-platforms (Bjoern Lehmann-Matthaei); 6 - Offshore Grid Connection - Status Quo and Overview (Andree Ifflaender); 7 - Grid connection of Offshore Wind in France: Situation, perspectives and recommendations (Alexandre Courcambeck); 8 - Controlling risks and warranting safety: Best practices for the installation, exploitation and maintenance of offshore wind turbines (Norbert Giese); 9 - Offshore wind Bremerhaven experience: An essential asset for the development of a complete Wind Offshore industry in France (Philippe Kavafyan); 10 - Standardizing and Cost Reduction -Lessons Learned from London Array (Niels Bjaert); 11 - Offshore Wind energy in Germany: System Benefits and Cost Reduction Potentials. Presentation of study results from prognos/fichtner and Fraunhofer-IWeS (Andreas Wagner); 12 - Offshore Wind energy financing - opportunities and risks (Jerome Guillet)

Analisis Unit Cost Sectio Caesaria dengan Metode Activity Based Costing di Rumah Sakit Bhayangkara Yogyakarta

Directory of Open Access Journals (Sweden)

Tsalisah Damayanti

2017-01-01

Full Text Available This study aims to analyze the unit cost of sectio Caesaria by ABC method, second to analyze the differences between the unit cost calculation of Sectio Caesaria by ABC method with applied cost. Unit cost analysis was conducted at Sectio Caesaria procedure without comorbidities or complications. Data that used in the form of primary data interviews with specialists Obgyn and secondary data financial data and hospitals profiles. The result of the calculation of unit cost of Sectio Caesaria service through Activity Based Costing approach is still lower than INA CBG’s tariff.

Value of information-based inspection planning for offshore structures

DEFF Research Database (Denmark)

Irman, Arifian Agusta; Thöns, Sebastian; Leira, Bernt J.

2017-01-01

with each inspection strategy. A simplified and generic risk-based inspection planning utilizing pre- posterior Bayesian decision analysis had been proposed by Faber et al. [1] and Straub [2]. This paper provides considerations on the theoretical background and a Value of Information analysis......-based inspection planning. The paper will start out with a review of the state-of-art RBI planning procedure based on Bayesian decision theory and its application in offshore structure integrity management. An example of the Value of Information approach is illustrated and it is pointed to further research......Asset integrity and management is an important part of the oil and gas industry especially for existing offshore structures. With declining oil price, the production rate is an important factor to be maintained that makes integrity of the structures one of the main concerns. Reliability based...

Economic cost evaluation on the viability of offshore wind turbine farms in Nigeria

Directory of Open Access Journals (Sweden)

S.O. Effiom

2016-11-01

Full Text Available The paper presents an economic cost evaluation on the feasibility of offshore wind turbine (OWT farms development in Nigeria, using a 500 MW OWT farm as an incident study. A developed model was used to evaluate the economic cost of the OWTs at different phases of the project. Additionally, the effect of the cost drivers at the changed phases of the OWTs was studied correspondingly. Results obtained showed that over 50% of the OWT project cost emanated from CAPEX while a value less than 50% came from OPEX. However, further analysis indicates at maximum power of 4 MW a 4.95% diminution in LCOE. For comparable power rating (PR between 5⩽PR⩽6MW, a 2.7% reduction in LCOE exists. Cost stability was apparent at a growth of WTs between 300⩽WT⩽500 MW. The study also observed a decrease in LCOE for all development stages of the OWT while a decrease in the CMS detectability was considered marginal. Subsequently, it can be inferred that Nigeria has the potential for OWT farm expansion. However, the demonstrated model was appropriate for handling preliminary variations in OWT studies.

Activity-based Costing (ABC and Activity-based Management(ABMImplementation – Is This the Solution for Organizations to Gain Profitability?

Directory of Open Access Journals (Sweden)

Ildikó Réka CARDOS

2011-06-01

Full Text Available Adherents of ABC/ABM systems claimed traditional management accounting systems generated misleading costs in a contemporary, tumultuous, often changing business environment and implementing ABC/ABM would remedy this. That is why activity-based costing (ABC and activity-based management (ABM represents the symbol of improved competitiveness and efficiency in every organization.The purpose of this article – after analyzing the existing literature in the field – is to emphasize that new cost systems such as ABC and ABM could be a strong couple that assures competitiveness and efficiency for each company. Another objective is to present that, besides its disadvantages, firms implement the ABC/ABM system because it permits better tracing of costs to objects, superior allocation of overheads to cost objects, financial and non-financial analysis and measures useful to managers and management accountants in the decision-making process.

Economic impacts of oil spills: Spill unit costs for tankers, pipelines, refineries, and offshore facilities

International Nuclear Information System (INIS)

1993-01-01

The impacts of oil spills -- ranging from the large, widely publicized Exxon Valdez tanker incident to smaller pipeline and refinery spills -- have been costly to both the oil industry and the public. For example, the estimated costs to Exxon of the Valdez tanker spill are on the order of $4 billion, including $2.8 billion (in 1993 dollars) for direct cleanup costs and $1.125 billion (in 1992 dollars) for settlement of damages claims caused by the spill. Application of contingent valuation costs and civil lawsuits pending in the State of Alaska could raise these costs appreciably. Even the costs of the much smaller 1991 oil spill at Texaco's refinery near Anacortes, Washington led to costs of $8 to 9 million. As a result, inexpensive waming, response and remediation technologies could lower oil spin costs, helping both the oil industry, the associated marine industries, and the environment. One means for reducing the impact and costs of oil spills is to undertake research and development on key aspects of the oil spill prevention, warming, and response and remediation systems. To target these funds to their best use, it is important to have sound data on the nature and size of spills, their likely occurrence and their unit costs. This information could then allow scarce R ampersand D dollars to be spent on areas and activities having the largest impact. This report is intended to provide the ''unit cost'' portion of this crucial information. The report examines the three key components of the US oil supply system, namely, tankers and barges; pipelines and refineries; and offshore production facilities. The specific purpose of the study was to establish the unit costs of oil spills. By manipulating this key information into a larger matrix that includes the size and frequency of occurrence of oil spills, it will be possible' to estimate the likely future impacts, costs, and sources of oil spills

Risk-based Inspection Planning Optimisation of Offshore Wind Turbines

DEFF Research Database (Denmark)

Ramirez, José Rangel; Sørensen, John Dalsgaard

2011-01-01

Wind industry is substantially propelled and the future scenarios designate offshore locations as important sites for energy production. With this development, offshore wind farms represent a feasible option to accomplish the needed energy, bringing with it technical and economical challenges......, but considering the lower reliability level for wind turbines. This framework is addressing fatigue prone details in welded steel joints typically located in the wind turbine substructure. The increase of turbulence in-wind farms (IWF) due to wake effects is taken into account using a code-based turbulence model...

Offshore oil and gas development costs: Four decades of technical change

International Nuclear Information System (INIS)

Lohrenz, J.

1997-01-01

The worldwide offshore oil and gas business is over 40 years old, but is not, nor does it appear to be soon destined to be, in its dotage. The key role of technology played to enable the business to prosper in volatile and severe environments--physically and otherwise--examined here. Offshore oil and gas technology, like all technologies, is only effective when it shows up at the bottom line. Here the author shows how the 1970's offshore technology continued would have virtually ended the business. But that technology changed the bottom line

ANALISIS PENERAPAN METODE ACTIVITY BASED COSTING TERHADAP TARIF RAWAT INAP PADA RUMAH SAKIT UMUM KASIH BUNDA

Directory of Open Access Journals (Sweden)

Dwinta Mulyanti

2016-03-01

Full Text Available ABSTRACT - Use of the estimated cost of hospitalization rates were based on General Hospital competitor rates imposed by Mother Love General Hospital, causing the gap between the cost of the facilities provided, and therefore to reduce this gap required a method to calculate the rates can provide cost information accurately. Overcome this method of activity-based costing can be used because the charge in accordance with the selection of activities undertaken appropriate cost driver. The method used is descriptive quantitative method, with the presentation of the data in the form of the costs in the form of numbers processing using mathematical formulas. The results showed that rates calculated using activity based costing method is greater than the rate that had been used by Mother Love General Hospital of Rp 454,226, while the rates in effect at the General Hospital Mother Love Rp 125,000. This is because rates Kasih Bunda Hospital is not a standard cost estimate for the result obtained from another hospital rates, while the rates based  on  activity  based  costing  methods  derived  from calculations  based  on  the  activities performed in the inpatient activities. Keywords: activity based costing method, hospitalization rates

Offshoring in textile industry

OpenAIRE

MONTÓN GARCÍA, JORGE

2015-01-01

[ EN] This project is about offshoring in the textile industry, focusing in the rights violated in this process, this concept can be defined as the moving of various operations of a company to another country for reasons such as lower labor costs or more favorable economic conditions in that other country. The project describes the evolution of offshoring, which started in 1960’s and has continued since then; it was characterized primarily by the transferring of factories from the develope...

Time-Driven Activity-Based Costing: A Comparative Cost Analysis of Whole-Breast Radiotherapy Versus Balloon-Based Brachytherapy in the Management of Early-Stage Breast Cancer.

Science.gov (United States)

Schutzer, Matthew E; Arthur, Douglas W; Anscher, Mitchell S

2016-05-01

Value in health care is defined as outcomes achieved per dollar spent, and understanding cost is critical to delivering high-value care. Traditional costing methods reflect charges rather than fundamental costs to provide a service. The more rigorous method of time-driven activity-based costing was used to compare cost between whole-breast radiotherapy (WBRT) and accelerated partial-breast irradiation (APBI) using balloon-based brachytherapy. For WBRT (25 fractions with five-fraction boost) and APBI (10 fractions twice daily), process maps were created outlining each activity from consultation to post-treatment follow up. Through staff interviews, time estimates were obtained for each activity. The capacity cost rates (CCR), defined as cost per minute, were calculated for personnel, equipment, and physical space. Total cost was calculated by multiplying the time required of each resource by its CCR. This was then summed and combined with cost of consumable materials. The total cost for WBRT was $5,333 and comprised 56% personnel costs and 44% space/equipment costs. For APBI, the total cost was $6,941 (30% higher than WBRT) and comprised 51% personnel costs, 6% space/equipment costs, and 43% consumable materials costs. The attending physician had the highest CCR of all personnel ($4.28/min), and APBI required 24% more attending time than WBRT. The most expensive activity for APBI was balloon placement and for WBRT was computed tomography simulation. APBI cost more than WBRT when using the dose/fractionation schemes analyzed. Future research should use time-driven activity-based costing to better understand cost with the aim of reducing expenditure and defining bundled payments. Copyright © 2016 by American Society of Clinical Oncology.

The Cost of Library Services: Activity-Based Costing in an Australian Academic Library.

Science.gov (United States)

Robinson, Peter; Ellis-Newman, Jennifer

1998-01-01

Explains activity-based costing (ABC), discusses the benefits of ABC to library managers, and describes the steps involved in implementing ABC in an Australian academic library. Discusses the budgeting process in universities, and considers benefits to the library. (Author/LRW)

Offshore oil and gas : a community development perspective

International Nuclear Information System (INIS)

Pierce, J.; Vodden, K.; House, D.

2003-01-01

A community perspective on offshore oil and gas development in British Columbia was presented. It was noted that local benefits depend greatly on the level of regulation and government intervention in the industry. Community preparedness, jurisdictional certainty and corporate ethics also play a vital role. It is also necessary to clearly understand legal, economic, environmental, social and industrial aspects of offshore development. Jurisdictional concerns include the International Free Trade Agreement, ambiguities over mineral rights, and claims by First Nations to seabed and ocean resources. It was emphasized that the impact of offshore development on ecotourism and fisheries should not be underestimated. Community-based planning is critical. Economic imperatives include international prices, recovery costs, distribution of royalties, and alternative opportunities. It was also noted that communities in British Columbia have much to learn from other gas dependent regions

Developing offshore outsourcing practices in a global selective outsourcing environment – the IT supplier’s viewpoint

Directory of Open Access Journals (Sweden)

Anne-Maarit University of Turku

2017-01-01

Full Text Available Currently, internal IT organizations use outsourcing and offshore arrangements to achieve cost savings and gain access to new capabilities. It was found that suppliers’ personnel at the operational level can face challenges with internalizing their operations based on the agreed outsourcing practices and transferred responsibilities. This study gives voice to the supplier and studies the impact of offshore outsourcing operation development activities. The internal IT unit from Nokia Devices selectively outsourced global IT service activities and responsibilities to the IT supplier. The outsourced activities were implemented by offshore centers in India and China. It was found that the global selective outsourcing environment (GSOE did not provide a solution to all of their expectations, and new unexpected challenges occurred. Several practices, communication and information sharing, and behavior-related lessons learned items were identified. It was found that the GSOE operation needs to be developed and implemented in an agile and incremental manner, instead of a singular implementation approach. Also, the globally distributed teams’ group dynamics critically impacted on the teams’ ability to work. The lessons learned items and recommendations can be utilized by other companies during their mode-of-operation development.

Coupled Simulations of Wind Turbines and Offshore Support Structures : Strategies based on the Dynamic Substructuring Paradigm

NARCIS (Netherlands)

Van der Valk, P.L.C.

2014-01-01

Large scale offshore wind power has been recognized as a key technology to increase the share of renewable energy. However, as this energy source is currently still relatively expensive, efforts are made to significantly reduce its costs. Cost reductions are to be achieved, for instance, by

APPLICABILITY OF ACTIVITY BASED COSTING IN NEW PRODUCT DEVELOPMENT PROCESSES

Directory of Open Access Journals (Sweden)

Ewa Wanda MARUSZEWSKA

2015-01-01

Full Text Available The purpose of the article is to emphasis that activity based costing is a proper tool for engineers to enhance their deci-sion-making process while developing new product. The theoretical analysis shows that variety of factors shall be en-compassed into new product decision-making process and therefore engineers and management should pay great attention to proper cost allocation. The paper suggests the usage of Activity Based Costing methodology for new product development decision-making process. Author states that application ABC in the process of rational decision-making referring to new product development enables managers and engineers to prioritize possible solutions, and reallocate resources used in production process in order to meet wider organizational goals. It would also contribute in coopera-tion of managers and engineers for the sake of organizational goal.

What can wave energy learn from offshore oil and gas?

Science.gov (United States)

Jefferys, E R

2012-01-28

This title may appear rather presumptuous in the light of the progress made by the leading wave energy devices. However, there may still be some useful lessons to be learnt from current 'offshore' practice, and there are certainly some awful warnings from the past. Wave energy devices and the marine structures used in oil and gas exploration as well as production share a common environment and both are subject to wave, wind and current loads, which may be evaluated with well-validated, albeit imperfect, tools. Both types of structure can be designed, analysed and fabricated using similar tools and technologies. They fulfil very different missions and are subject to different economic and performance requirements; hence 'offshore' design tools must be used appropriately in wave energy project and system design, and 'offshore' cost data should be adapted for 'wave' applications. This article reviews the similarities and differences between the fields and highlights the differing economic environments; offshore structures are typically a small to moderate component of field development cost, while wave power devices will dominate overall system cost. The typical 'offshore' design process is summarized and issues such as reliability-based design and design of not normally manned structures are addressed. Lessons learned from poor design in the past are discussed to highlight areas where care is needed, and wave energy-specific design areas are reviewed. Opportunities for innovation and optimization in wave energy project and device design are discussed; wave energy projects must ultimately compete on a level playing field with other routes to low CO₂ energy and/or energy efficiency. This article is a personal viewpoint and not an expression of a ConocoPhillips position.

Activity-Based Costing in the After Press Services Industry

Science.gov (United States)

Shevasuthisilp, Suntichai; Punsathitwong, Kosum

2009-10-01

This research was conducted to apply activity-based costing (ABC) in an after press service company in Chiang Mai province, Thailand. The company produces all of its products by one-stop service (such as coating, stitching, binding, die cutting, and gluing). All products are made to order, and have different sizes and patterns. A strategy of low price is used to compete in the marketplace. After cost analysis, the study found that the company has high overhead (36.5% of total cost). The company's problem is its use of traditional cost accounting, which has low accuracy in assigning overhead costs. If management uses this information when pricing customer orders, losses may occur because real production costs may be higher than the selling price. Therefore, the application of ABC in cost analysis can help executives receive accurate cost information; establish a sound pricing strategy; and improve the manufacturing process by determining work activities which have excessively high production costs. According to this research, 6 out of 56 items had a production cost higher than the selling price, leading to losses of 123,923 baht per year. Methods used to solve this problem were: reducing production costs; establishing suitable prices; and creating a sales promotion with lower prices for customers whose orders include processes involving unused capacity. These actions will increase overall sales of the company, and allow more efficient use of its machinery.

Tacit knowledge and risk perceptions: Tullow Oil and lay publics in Ghana's offshore oil region.

Science.gov (United States)

Ofori-Parku, Sylvester Senyo

2018-02-01

This study examines how local residents make sense of offshore oil production risks in Ghana's nascent petroleum industry. From a naturalistic-interpretive perspective, it is primarily based on in-depth interviews with community residents: 8 opinion leaders, 15 residents, and 1 journalist. Residents associate Tullow's oil activities with health concerns (e.g. conjunctivitis), environmental challenges (e.g. the emergence of decomposed seaweeds along the shore), and socio-economic concerns (e.g. loss of livelihoods, decline in fish harvest, and increased rent and cost of living). Focusing on how the local, practical knowledge of interviewees manifest in their sense of offshore oil risks, the study identifies two strategies-scapegoating and tacit knowing-underlying how residents construe offshore oil risks and benefits. Beyond its theoretical contribution to the social construction of risk process, the study illustrates the challenge the expert-lay publics dichotomy poses (and the potential bridging this dichotomy has) for corporate and societal risk management.

Enhancing efficiency of production cost on seafood process with activity based management method

Science.gov (United States)

Tarigan, U.; Tarigan, U. P. P.

2018-02-01

The efficiency of production costs has an important impact maintaining company presence in the business world, as well as in the face of increasingly sharp global competition. It was done by identifying and reducing non-value-added activities to decrease production costs and increase profits. The study was conducted at a company engaged in the production of squid (seafood). It has a higher product price than the market as Rp 50,000 per kg while the market price of squid is only Rp 35,000 per kg. The price of the product to be more expensive compared with market price, and thereby a lot more consumers choose the lower market price. Based on the discussions conducted, the implementation of Activity Based Management was seen in the reduction of activities that are not added value in the production process. Since each activities consumers cost, the reduction of nonvalue-added activities has effects on the decline of production cost. The production’s decline costs mainly occur in the reduction of material transfer costs. The results showed that there was an increase after the improvement of 2.60%. Increased production cost efficiency causes decreased production costs and increased profits.

Reliability-based design methods to determine the extreme response distribution of offshore wind turbines

NARCIS (Netherlands)

Cheng, P.W.; Bussel, van G.J.W.; Kuik, van G.A.M.; Vugts, J.H.

2003-01-01

In this article a reliability-based approach to determine the extreme response distribution of offshore wind turbines is presented. Based on hindcast data, the statistical description of the offshore environment is formulated. The contour lines of different return periods can be determined.

2014-2015 Offshore Wind Technologies Market Report

Energy Technology Data Exchange (ETDEWEB)

Smith, Aaron

2015-11-18

This presentation provides an overview of progress toward offshore wind cost reduction in Europe and implications for the U.S. market. The presentation covers an overview of offshore wind developments, economic and performance trends, empirical evidence of LCOE reduction, and challenges and opportunities in the U.S. market.

Large-scale offshore wind farms in Denmark. Update of ''Future offshore sites for wind turbines 2025''; Stor-skala havmoelleparker i Danmark. Opdatering af fremtidens havmoelleplaceringer

Energy Technology Data Exchange (ETDEWEB)

2011-04-15

This updating of the ''Future offshore sites for wind turbines 2025'', is made by the Offshore Wind Farm Committee and adjusts primarily the existing sites in relation to a updated data basis. The sites are adjusted within the already identified areas, and no new areas are therefore included. In addition to an update of the underlying data base, including the revised sailing routes, the new Natura 2000 sites and mineral resources, there are now further collected knowledge about the seabed in the designated areas. Moreover, the underlying assumptions for construction costs and grid connection updated, which has resulted in a revised socio-economic priority of the areas. The Offshore Wind Farm Committee's report confirms that the placement of the 600 MW Kriegers Flak Offshore Wind Farm in the Baltic Sea is the best location for Denmark's next major offshore wind farm. Kriegers Flak Offshore Wind Farm is already included in the Government's energy strategy. (LN)

Framework for Risk-based Planning of Operation and Maintenance for Offshore Wind Turbines

DEFF Research Database (Denmark)

Sørensen, John Dalsgaard

2009-01-01

, and to sequential optimal decision making on planning of OM taking into account new information. Deterioration mechanisms such as fatigue, corrosion, wear and erosion are associated with significant uncertainty. Observations of the degree of damage can increase the reliability of predictions, especially......For offshore wind turbines, costs to operation and maintenance (OM) are substantial. This paper describes a risk-based life cycle approach for optimal planning of OM. The approach is based on pre-posterior Bayesian decision theory, and can be used both to overall, initial planning of OM...... in connection with condition-based maintenance. The approach can be used for gearboxes, generators, fatigue cracks, corrosion, etc. This paper also describes how probabilistic indicators can be used to quantify indirect information about the damage state for critical components, e.g. gearboxes....

Increase the Performance of Companies in the Energy Sector by Implementing the Activity-Based Costing

OpenAIRE

Letitia-Maria Rof; Sorinel Capusneanu

2015-01-01

This article highlights the increasing performances as result of implementation stages of the ActivityBased Costing in the companies operating in the energy sector in Romania. There are presented some aspects of the usefulness of applying the Activity-Based Costing in the energy sector and the advantages it offers compared to traditional costing. There are also outlined the steps for applying the Activity-Based Costing and its implementation in the largest hydropower producer in Romania. The ...

Reality based optimization of steel monopod offshore-towers

NARCIS (Netherlands)

Vrouwenvelder, A.C.W.M.

2008-01-01

In this work, the implementation of reliability-based optimization (RBO) of a circular steel monopod-offshore-tower with constant and variable diameters (represented by segmentations) and thicknesses is presented. The tower is subjected to the extreme wave loading. For this purpose, the

Computing Cost Price for Cataract Surgery by Activity Based Costing (ABC Method at Hazrat-E-Zahra Hospital, Isfahan University of Medical Sciences, 2014

Directory of Open Access Journals (Sweden)

Masuod Ferdosi

2016-10-01

Full Text Available Background: Hospital managers need to have accurate information about actual costs to make efficient and effective decisions. In activity based costing method, first, activities are recognized and then direct and indirect costs are computed based on allocation methods. The aim of this study was to compute the cost price for cataract surgery by Activity Based Costing (ABC method at Hazrat-e-Zahra Hospital, Isfahan University of Medical Sciences. Methods: This was a cross- sectional study for computing the costs of cataract surgery by activity based costing technique in Hazrat-e-Zahra Hospital in Isfahan University of Medical Sciences, 2014. Data were collected through interview and direct observation and analyzed by Excel software. Results: According to the results of this study, total cost in cataract surgery was 8,368,978 Rials. Personnel cost included 62.2% (5,213,574 Rials of total cost of cataract surgery that is the highest share of surgery costs. The cost of consumables was 7.57% (1,992,852 Rials of surgery costs. Conclusion: Based on the results, there was different between cost price of the services and public Tariff which appears as hazards or financial crises to the hospital. Therefore, it is recommended to use the right methods to compute the costs relating to Activity Based Costing. Cost price of cataract surgery can be reduced by strategies such as decreasing the cost of consumables.

Activity-Based Costing Application in an Urban Mass Transport Company

Directory of Open Access Journals (Sweden)

Popesko Boris

2011-12-01

Full Text Available The purpose of this paper is to provide a basic overview of the application of Activity-Based Costing in an urban mass transport company which operates land public transport via buses and trolleys within the city. The case study was conducted using the Activity-Based Methodology in order to calculate the true cost of individual operations and to measure the profitability of particular transport lines. The case study analysis showed the possible effects of the application of the Activity-Based Costing for an urban mass transport company as well as the limitations of using the ABC methodology in the service industry. With regards to the application of the ABC methodology, the primary limitation of the accuracy of the conclusions is the quality of the non-financial information which had to be gathered throughout the implementation process. A basic limitation of the accurate data acquisition is the nature of the fare system of the transport company which does not allow the identification of the route that is taken by an individual passenger. The study illustrates the technique of ABC in urban mass transport and provides a real company example of information outputs of the ABC system. The users indicated that, the ABC model is very useful for profitability reporting and profit management. Also, the paper shows specific application of the Activity-Based Methodology in conditions of urban mass transport companies with regional specifics.

Offshore wind farm Bockstigen - installation and operation experience

Energy Technology Data Exchange (ETDEWEB)

Lange, B [Risoe National Lab., Wind Energy and Atmospheric Physics Dept., Roskilde (Denmark); Aagaard, E; Andersen, P E; Moeller, A [Wind World af 1997 A/S, Noerresundby (Denmark); Niklasson, S; Wickman, A [Vindkompaniet, Degerhamn (Sweden)

1999-03-01

The first Swedish offshore wind farm Bockstigen is operating since March 1998 near the coast of Gotland. It was built as a demonstration project by the Swedish wind farm developer Vindkompaniet, the Danish wind turbine manufacturer Wind World and the British offshore construction company Seacore and partly funded under the EU-THERMIE program. Bockstigen is the fourth offshore wind farm world-wide. While at previous wind farms the main emphasis laid on the demonstration of the technical feasibility of offshore wind energy utilisation, Bockstigen was aimed at demonstrating its economic viability. A number of innovative concepts have been employed: Drilled monopile foundations were used to save costs. A new construction method has been applied making use of a jack-up barge. A new control system for the turbines and the whole wind farm was developed, which controls the maximum power output, the flicker and the reactive power consumption depending on online measurements of the actual grid state. These new developments have been implemented successfully. A substantial cost reduction compared to previous offshore projects could be achieved. (au)

Floating offshore turbines

DEFF Research Database (Denmark)

Tande, John Olav Giæver; Merz, Karl; Schmidt Paulsen, Uwe

2014-01-01

metric of energy production per unit steel mass. Floating offshore wind turbines represent a promising technology. The successful operation of HyWind and WindFloat in full scale demonstrates a well advanced technology readiness level, where further development will go into refining the concepts, cost...

Perception of activity based costing in Australian universities

Directory of Open Access Journals (Sweden)

Monir Zaman

2011-07-01

Full Text Available The study examines the perception of activity based costing (ABC in Australian universities. Using a questionnaire survey, data was collected from twenty-six finance directors and/or chief financial officers in Australian universities. The perception of ABC implementation in Australian universities depends on many variables including the understanding of ABC, consideration of ABC as a strategic cost management system, the role of ABC in reduction of expenses, consideration of ABC as a valuable tool to enhance overhead cost allocation, and consideration of ABC as an effective strategic cost management system designed to incorporate the university’s critical input, output, and process variables resulting in value creation. The result of regression analysis provides significant and positive association between the decision to implement ABC in Australian universities and both the treatment of ABC as a strategic cost management system and the degree of both senior management and internal champion support. The findings indicate substantial differences in the allocation of the overhead costs between ABC and traditional costing systems. The result also reveals that many Australian universities using the ABC method receive benefits in improving cost reduction and better resource allocation with revenue surplus. Furthermore, the study develops a generic model of cost pools and drivers of ABC implementation in Australian universities.

Improving Efficiency Using Time-Driven Activity-Based Costing Methodology.

Science.gov (United States)

Tibor, Laura C; Schultz, Stacy R; Menaker, Ronald; Weber, Bradley D; Ness, Jay; Smith, Paula; Young, Phillip M

2017-03-01

The aim of this study was to increase efficiency in MR enterography using a time-driven activity-based costing methodology. In February 2015, a multidisciplinary team was formed to identify the personnel, equipment, space, and supply costs of providing outpatient MR enterography. The team mapped the current state, completed observations, performed timings, and calculated costs associated with each element of the process. The team used Pareto charts to understand the highest cost and most time-consuming activities, brainstormed opportunities, and assessed impact. Plan-do-study-act cycles were developed to test the changes, and run charts were used to monitor progress. The process changes consisted of revising the workflow associated with the preparation and administration of glucagon, with completed implementation in November 2015. The time-driven activity-based costing methodology allowed the radiology department to develop a process to more accurately identify the costs of providing MR enterography. The primary process modification was reassigning responsibility for the administration of glucagon from nurses to technologists. After implementation, the improvements demonstrated success by reducing non-value-added steps and cost by 13%, staff time by 16%, and patient process time by 17%. The saved process time was used to augment existing examination time slots to more accurately accommodate the entire enterographic examination. Anecdotal comments were captured to validate improved staff satisfaction within the multidisciplinary team. This process provided a successful outcome to address daily workflow frustrations that could not previously be improved. A multidisciplinary team was necessary to achieve success, in addition to the use of a structured problem-solving approach. Copyright © 2016 American College of Radiology. Published by Elsevier Inc. All rights reserved.

Offshore investments-cui prodis? Schrodinger's cat in offshore financing: Both alive and dead

Directory of Open Access Journals (Sweden)

Stepuk Anna

2014-01-01

Full Text Available Trends of FDI in offshore tax havens were compared to efforts and efficiency of regulatory authorities to prevent money laundering. Based on available data it was stated that current position in offshore FDI stays alive and officially dead at the same time, keeping the balance of interests for the main stakeholders: corporations, authorities and financial institutes support further offshore investments. Analysis based on volumes of trade and financial transactions between offshore centers, developed and developing countries. As a result withdrawal of financial resources from the developing countries degrades social capital funding and supports corruption growth.

Optimal Structural Reliability of Offshore Wind Turbines

DEFF Research Database (Denmark)

Sørensen, John Dalsgaard; Tarp-Johansen, N.J.

2005-01-01

The main failure modes of modern large wind turbines are fatigue failure of wings, hub, shaft and main tower, local buckling of main tower, and failure of the foundation. This paper considers reliability-based optimal design of wind turbines. Compared to onshore wind turbines and building...... structures, humans spent little time in the vicinity of offshore wind turbines and the probability of human injury during storm conditions is small. Further environmental pollution will also in general be small in case of failure. One could therefore argue that the reliability level of offshore wind turbines...... can be lower than for onshore wind turbines and other civil engineering structures and can be assessed by reliability-based cost-optimization. Specifically this paper considers the main tower and foundation. Both fatigue and ultimate strength failure modes are included. Different formulations...

Structural health and prognostics management for offshore wind turbines :

Energy Technology Data Exchange (ETDEWEB)

Griffith, Daniel; Resor, Brian Ray; White, Jonathan Randall; Paquette, Joshua A.; Yoder, Nathanael C.

2012-12-01

Operations and maintenance costs for offshore wind plants are expected to be significantly higher than the current costs for onshore plants. One way in which these costs may be able to be reduced is through the use of a structural health and prognostic management system as part of a condition based maintenance paradigm with smart load management. To facilitate the creation of such a system a multiscale modeling approach has been developed to identify how the underlying physics of the system are affected by the presence of damage and how these changes manifest themselves in the operational response of a full turbine. The developed methodology was used to investigate the effects of a candidate blade damage feature, a trailing edge disbond, on a 5-MW offshore wind turbine and the measurements that demonstrated the highest sensitivity to the damage were the local pitching moments around the disbond. The multiscale method demonstrated that these changes were caused by a local decrease in the blades torsional stiffness due to the disbond, which also resulted in changes in the blades local strain field. Full turbine simulations were also used to demonstrate that derating the turbine power by as little as 5% could extend the fatigue life of a blade by as much as a factor of 3. The integration of the health monitoring information, conceptual repair cost versus damage size information, and this load management methodology provides an initial roadmap for reducing operations and maintenance costs for offshore wind farms while increasing turbine availability and overall profit.

Stochastic simulation of off-shore oil terminal systems

International Nuclear Information System (INIS)

Frankel, E.G.; Oberle, J.

1991-01-01

To cope with the problem of uncertainty and conditionality in the planning, design, and operation of offshore oil transshipment terminal systems, a conditional stochastic simulation approach is presented. Examples are shown, using SLAM II, a computer simulation language based on GERT, a conditional stochastic network analysis methodology in which use of resources such as time and money are expressed by the moment generating function of the statistics of the resource requirements. Similarly each activity has an associated conditional probability of being performed and/or of requiring some of the resources. The terminal system is realistically represented by modelling the statistics of arrivals, loading and unloading times, uncertainties in costs and availabilities, etc

Offshore compression system design for low cost high and reliability

Energy Technology Data Exchange (ETDEWEB)

Castro, Carlos J. Rocha de O.; Carrijo Neto, Antonio Dias; Cordeiro, Alexandre Franca [Chemtech Engineering Services and Software Ltd., Rio de Janeiro, RJ (Brazil). Special Projects Div.], Emails: antonio.carrijo@chemtech.com.br, carlos.rocha@chemtech.com.br, alexandre.cordeiro@chemtech.com.br

2010-07-01

In the offshore oil fields, the oil streams coming from the wells usually have significant amounts of gas. This gas is separated at low pressure and has to be compressed to the export pipeline pressure, usually at high pressure to reduce the needed diameter of the pipelines. In the past, this gases where flared, but nowadays there are a increasing pressure for the energy efficiency improvement of the oil rigs and the use of this gaseous fraction. The most expensive equipment of this kind of plant are the compression and power generation systems, being the second a strong function of the first, because the most power consuming equipment are the compressors. For this reason, the optimization of the compression system in terms of efficiency and cost are determinant to the plant profit. The availability of the plants also have a strong influence in the plant profit, specially in gas fields where the products have a relatively low aggregated value, compared to oil. Due this, the third design variable of the compression system becomes the reliability. As high the reliability, larger will be the plant production. The main ways to improve the reliability of compression system are the use of multiple compression trains in parallel, in a 2x50% or 3x50% configuration, with one in stand-by. Such configurations are possible and have some advantages and disadvantages, but the main side effect is the increase of the cost. This is the offshore common practice, but that does not always significantly improve the plant availability, depending of the previous process system. A series arrangement and a critical evaluation of the overall system in some cases can provide a cheaper system with equal or better performance. This paper shows a case study of the procedure to evaluate a compression system design to improve the reliability but without extreme cost increase, balancing the number of equipment, the series or parallel arrangement, and the driver selection. Two cases studies will be

Comparative Analysis of Conventional Method with Activity Based Costing in PT Mulia Sejati Gallery

OpenAIRE

Erena, Irma Nadia; Gani, Engelwati

2016-01-01

The goal of this research was to provide readers the information about the calculation methods, both traditional and activity-based costing in the application of the cost of production. The method used in this research was the qualitative method. The analysis was done by calculating the amount of the production cost using the traditional system and the magnitude of the production cost when using the activity-based costing system. The amount of each acquisition was then performed into data ana...

A novel floating offshore wind turbine concept

DEFF Research Database (Denmark)

Vita, Luca; Schmidt Paulsen, Uwe; Friis Pedersen, Troels

2009-01-01

This paper will present a novel concept of a floating offshore wind turbine. The new concept is intended for vertical-axis wind turbine technology. The main purpose is to increase simplicity and to reduce total costs of an installed offshore wind farm. The concept is intended for deep water...... and large size turbines....

Activity-based costing evaluation of [18F]-fludeoxyglucose production.

Science.gov (United States)

Krug, Bruno; Van Zanten, Annie; Pirson, Anne-Sophie; Crott, Ralph; Vander Borght, Thierry

2008-01-01

As healthcare expenses are escalating in many countries, the sector faces a new challenge of becoming more cost efficient. There is an urgent need for more accurate data on the costs of healthcare procedures. The cost of Positron Emission Tomography (PET) with [(18)F]-fludeoxyglucose ((18)F-FDG) studies is mainly influenced by the price of the radiopharmaceutical, which may vary throughout Europe from 300 to 500 Euro per patient dose (370 MBq). The aim of the current study is to conduct an activity-based costing (ABC) estimation of (18)F-FDG production in Europe to better identify the different cost components and to analyse their relative contribution to the total cost. Financial data were collected on capital expense and global operating costs through interviews with industry experts, PET centre managers, evaluation of prior studies, and review of expenses incurred at the University Medical Centre in Groningen (The Netherlands). After mapping the activities, we divided the cost in five categories: wage, equipment, consumables, overhead and space costs. A sensitivity analysis was performed for key cost components, including the compliance with regulatory requirements. The critical factor for profitability was throughput. Including the European regulation procedure, the cost for 370 MBq (18)F-FDG patient dose, 3 h EOS without delivery cost, ranges between 155 and 177 Euro/dose for two production runs and between 210 and 237 Euro/dose for one production run. These costs are predominantly determined by personnel and equipment costs, although the cost for quality assurance increases steadily. The ABC analysis provides significant insight into the production cost components of (18)F-FDG through different operating configurations. Reductions in equipment prices, increased availability of radiopharmaceuticals, growth in demand, and improvements in reimbursement will all contribute to the financial viability of this imaging technique.

Activity-based costing evaluation of [18F]-fludeoxyglucose production

International Nuclear Information System (INIS)

Krug, Bruno; Pirson, Anne-Sophie; Borght, Thierry vander; Zanten, Annie van; Crott, Ralph

2008-01-01

As healthcare expenses are escalating in many countries, the sector faces a new challenge of becoming more cost efficient. There is an urgent need for more accurate data on the costs of healthcare procedures. The cost of Positron Emission Tomography (PET) with [ 18 F]-fludeoxyglucose ( 18 F-FDG) studies is mainly influenced by the price of the radiopharmaceutical, which may vary throughout Europe from 300 to 500 Euro per patient dose (370 MBq). The aim of the current study is to conduct an activity-based costing (ABC) estimation of 18 F-FDG production in Europe to better identify the different cost components and to analyse their relative contribution to the total cost. Financial data were collected on capital expense and global operating costs through interviews with industry experts, PET centre managers, evaluation of prior studies, and review of expenses incurred at the University Medical Centre in Groningen (The Netherlands). After mapping the activities, we divided the cost in five categories: wage, equipment, consumables, overhead and space costs. A sensitivity analysis was performed for key cost components, including the compliance with regulatory requirements. The critical factor for profitability was throughput. Including the European regulation procedure, the cost for 370 MBq 18 F-FDG patient dose, 3 h EOS without delivery cost, ranges between 155 and 177 Euro/dose for two production runs and between 210 and 237 Euro/dose for one production run. These costs are predominantly determined by personnel and equipment costs, although the cost for quality assurance increases steadily. The ABC analysis provides significant insight into the production cost components of 18 F-FDG through different operating configurations. Reductions in equipment prices, increased availability of radiopharmaceuticals, growth in demand, and improvements in reimbursement will all contribute to the financial viability of this imaging technique. (orig.)

NEW OFFSHORE LOCATIONS IN THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

RADULESCU IRINA GABRIELA

2014-05-01

Full Text Available The offshore activity provides benefits for the host market and has positive effects on services, and on producers that use intermediate services. FDI in services has an important impact on the offshore activity, especially through transfer of technology. Many transnational companies have recognized the advantages of offshoring and the fact that it becomes a key globalization force. Recently, the Central European countries have become popular destinations among offshoring

Learning the ABCs: Activity based costing in waste operations

International Nuclear Information System (INIS)

Zocher, Marc A.

1992-01-01

The United States Department of Energy (DOE) is facing a challenging new national role based on current world events, changing public perception and awareness, and a legacy of wastes generated in the past. Clearly, the DOE must put mechanisms in place to comply with environmental rules, regulations, and good management practices so that public health risk is minimized while programmatic costs are controlled. DOE has begun this process and has developed a Five-Year Plan to describe the activities necessary to comply with both cleanup, or environmental restoration, and waste management of existing waste streams. The focus of this paper is how to best manage the treatment, storage, disposal, and transportation of waste throughout the DOE weapons complex by using Activity Based Costing (ABC) to both plan and control expenditures in DOE Waste Management (WM). The basics of ABC, along with an example, will be detailed. (author)

IEA Wind Task 26: Offshore Wind Farm Baseline Documentation

Energy Technology Data Exchange (ETDEWEB)

Smart, Gavin [Offshore Renewable Energy Catapult, Blyth, Northumberland (United Kingdom); Smith, Aaron [National Renewable Energy Lab. (NREL), Golden, CO (United States); Warner, Ethan [National Renewable Energy Lab. (NREL), Golden, CO (United States); Sperstad, Iver Bakken [SINTEF Energy Research, Trondheim (Norway); Prinsen, Bob [Ecofys, Utrecht (Netherlands). TKI Wind Op Zee; Lacal-Arantegui, Roberto [European Commission Joint Research Centre (JRC), Brussels (Belgium)

2016-06-02

This document has been produced to provide the definition and rationale for the Baseline Offshore Wind Farm established within IEA Wind Task 26--Cost of Wind Energy. The Baseline has been developed to provide a common starting point for country comparisons and sensitivity analysis on key offshore wind cost and value drivers. The baseline project reflects an approximate average of the characteristics of projects installed between 2012 and 2014, with the project life assumed to be 20 years. The baseline wind farm is located 40 kilometres (km) from construction and operations and maintenance (O&M) ports and from export cable landfall. The wind farm consists of 100 4-megawatt (MW) wind turbines mounted on monopile foundations in an average water depth of 25 metres (m), connected by 33-kilovolt (kV) inter-array cables. The arrays are connected to a single offshore substation (33kV/220kV) mounted on a jacket foundation, with the substation connected via a single 220kV export cable to an onshore substation, 10km from landfall. The wind farm employs a port-based O&M strategy using crew-transfer vessels.

On the Application of Fluid Power Transmission in Offshore Wind Turbines

NARCIS (Netherlands)

Diepeveen, N.F.B.

2013-01-01

Offshore wind energy is currently characterized by the high costs associated with installation and operation. Gearboxes in particular have been singled out as a key source of the high maintenance costs of offshore wind farms. For a given wind speed, the torque of the rotor increases cubically with

Using time-driven activity-based costing to identify value improvement opportunities in healthcare.

Science.gov (United States)

Kaplan, Robert S; Witkowski, Mary; Abbott, Megan; Guzman, Alexis Barboza; Higgins, Laurence D; Meara, John G; Padden, Erin; Shah, Apurva S; Waters, Peter; Weidemeier, Marco; Wertheimer, Sam; Feeley, Thomas W

2014-01-01

As healthcare providers cope with pricing pressures and increased accountability for performance, they should be rededicating themselves to improving the value they deliver to their patients: better outcomes and lower costs. Time-driven activity-based costing offers the potential for clinicians to redesign their care processes toward that end. This costing approach, however, is new to healthcare and has not yet been systematically implemented and evaluated. This article describes early time-driven activity-based costing work at several leading healthcare organizations in the United States and Europe. It identifies the opportunities they found to improve value for patients and demonstrates how this costing method can serve as the foundation for new bundled payment reimbursement approaches.

Penerapan Metode Activity Based Costing dalam Menentukan Harga Pokok Produksi Karet PT. Sumber Djantin Sambas

Directory of Open Access Journals (Sweden)

Gowardy Gowardy

2015-12-01

Full Text Available This study aims to understand how to allocate overhead cost in rubber-processing factory of PT. Sumber Djantin Sambas using Activity-Based Costing method. Furthermore, this research also attempts to compare the allocation results of the existing costing systems in PT. Sumber Djantin Sambas with those created through Activity-Based Costing systems. To accomplish these objectives, this study applies case study method. The main sources of data come from interview transcript and cost and financial documents. This study results show that the cost of goods manufactured for product SIR 20 and compound rubber are overcosted. Betweeen these two products, SIR 20 is more overcosted. The total overcosting of these two products reaches Rp 2.749.997.488,57. Using Activity Based Costing, company can allocate the costs more accurately and reduce the distortion effect of costs which is caused by traditional overhead allocation method.

How can activity-based costing methodology be performed as a powerful tool to calculate costs and secure appropriate patient care?

Science.gov (United States)

Lin, Blossom Yen-Ju; Chao, Te-Hsin; Yao, Yuh; Tu, Shu-Min; Wu, Chun-Ching; Chern, Jin-Yuan; Chao, Shiu-Hsiung; Shaw, Keh-Yuong

2007-04-01

Previous studies have shown the advantages of using activity-based costing (ABC) methodology in the health care industry. The potential values of ABC methodology in health care are derived from the more accurate cost calculation compared to the traditional step-down costing, and the potentials to evaluate quality or effectiveness of health care based on health care activities. This project used ABC methodology to profile the cost structure of inpatients with surgical procedures at the Department of Colorectal Surgery in a public teaching hospital, and to identify the missing or inappropriate clinical procedures. We found that ABC methodology was able to accurately calculate costs and to identify several missing pre- and post-surgical nursing education activities in the course of treatment.

OffshoreDC DC grids for integration of large scale wind power

DEFF Research Database (Denmark)

Zeni, Lorenzo; Endegnanew, Atsede Gualu; Stamatiou, Georgios

The present report summarizes the main findings of the Nordic Energy Research project “DC grids for large scale integration of offshore wind power – OffshoreDC”. The project is been funded by Nordic Energy Research through the TFI programme and was active between 2011 and 2016. The overall...... objective of the project was to drive the development of the VSC based HVDC technology for future large scale offshore grids, supporting a standardised and commercial development of the technology, and improving the opportunities for the technology to support power system integration of large scale offshore...

2016 Offshore Wind Technologies Market Report

Energy Technology Data Exchange (ETDEWEB)

Musial, Walter; Beiter, Philipp; Schwabe, Paul; Tian, Tian; Stehly, Tyler; Spitsen, Paul; Robertson, Amy; Gevorgian, Vahan

2017-08-08

The 2016 Offshore Wind Technologies Market Report was developed by the National Renewable Energy Laboratory (NREL) for the U.S. Department of Energy (DOE) and is intended to provide offshore wind policymakers, regulators, developers, researchers, engineers, financiers, and supply chain participants, with quantitative information about the offshore wind market, technology, and cost trends in the United States and worldwide. In particular, this report is intended to provide detailed information on the domestic offshore wind industry to provide context to help navigate technical and market barriers and opportunities. The scope of the report covers the status of the 111 operating offshore wind projects in the global fleet through December 31, 2016, and provides the status and analysis on a broader pipeline of 593 projects at some stage of development. In addition, this report provides a wider assessment of domestic developments and events through the second quarter of 2017 to provide a more up-to-date discussion of this dynamically evolving industry.

CHARACTERIZATION AND EVALUATION OF TIME-DRIVEN ACTIVITY BASED COSTING BASED ON ABC’S DEVELOPMENT

DEFF Research Database (Denmark)

Israelsen, Poul; Kristensen, Thomas Borup

2014-01-01

The paper provides a description of the development of Activity Based Costing (ABC) in four variants. This is used to characterize and evaluated the changes made in Time-Driven ABC (TDABC). It is found that TDABC in some cases reaches back to cost calculations prior to ABC (e.g. homogenous...

Modeling the time and cost to drill an offshore well

International Nuclear Information System (INIS)

Kaiser, Mark J.

2009-01-01

The objective in drilling a hydrocarbon well is to make hole as quickly as possible subject to the technological, operational, quality, and safety constraints associated with the process. These objectives are frequently conflicting and depend on factors that are subject to significant private and market uncertainty. There is no way to identify all of the relevant characteristics of drilling operations, but through use of statistical analysis and empirical modeling, it is possible to develop relations that characterize and benchmark drilling performance under a suitable set of assumptions. The purpose of this paper is to develop the conceptual framework to model the time and cost to drill an offshore well and to illustrate the methodology on a test set of wells in the Gulf of Mexico. The physical characteristics of the wellbore and operational aspects of drilling, including variables such as the drilled interval, horizontal displacement, aspect ratio, number of casing strings, and mud weight, serve as the primary descriptive factors in the functional relations constructed.

ANALISIS PENGGUNAAN METODE ACTIVITY BASED COSTING (ABC DALAM MENENTUKAN SUMBANGAN PEMBINAAN PENDIDIKAN (SPP PADA POLITEKNIK HARAPAN BERSAMA

Directory of Open Access Journals (Sweden)

Ida Farida

2017-10-01

Full Text Available The purpose of this study to determine the calculation of education and tuition fee by using Activity Based Costing at the Polytechnic Harapan Bersama and compare the education and tuition fee by using Activity Based Costing before and after. Politeknik Harapan Bersama not have a special method to determine the cost of education. At the Polytechnic Joint expectations are two sources of income, namely Login or registration fees and donations Education Support (SPP to be paid each month. To determine the calculation of Education and tuition fee by using Activity Based Costing at the Polytechnic of Harapan Bersama. To determine the ratio of Education and tuition fee by using Activity Based Costing before and after. Data analysis method used is descriptive method. Descriptive analysis of the data is the processing of research data in order to make this data meaningful (meaningful. SPP of tariff calculation using Activity Based Costing known SPP tariff rate is Rp. 370 189; From the results of the SPP tariff calculation using the method of Activity Based Costing, when compared with the SPP tariff band is used by schools today are using the traditional method, for example Rp. 350,000; so that the difference in the amount Ro. 20 189 ;. Rate differences that occur due to charging of overhead on each product. Activity Based Costing has been able allocate cost to each activity.

Offshore Outsourcing Induced by Domestic Providers

OpenAIRE

Yutian Chen; Pradeep Dubey; Debapriya Sen

2005-01-01

We show that offshore outsourcing can occur even when there are no economies of scale or cost advantages for the foreign firms. What drives the phenomenon is that domestic firms, by accepting orders for intermediate goods, incur the disadvantage of becoming Stackelberg followers in the ensuing competition to sell the final good. Thus they have incentive to quote high provider prices to ward off future competitors, compelling them to outsource offshore.

Wave run-up on offshore wind turbine foundations

DEFF Research Database (Denmark)

Baden, Elisabeth; Skourup, Jesper; Andersen, Thomas Lykke

2012-01-01

Wave run-up on appurtenances like boat landings, ladders, platforms and J-tubes of Offshore Wind Turbine foundations have in some cases caused severe and costly damage to these installations. A well-known example of large run-up was registered at the foundations of Horns Reef Offshore Wind Farm, ...

To put an end to the oil blue. For a better regulation of offshore oil and gas activities

International Nuclear Information System (INIS)

Rochette, Julien; Chabason, Lucien; Callet, Sarah; Wemaere, Matthieu

2014-01-01

After having outlined the context of an endless race to offshore oil and gas, and the increased associated risks for the environment, this report discusses the relevance of the international regulation framework for offshore activities. While addressing the issues of responsibility and compensation, the authors analyse existing international and regional regulations, outline legal loopholes, and identify ways to address them. The objective is to propose a comprehensive analysis of the current international framework, to make some propositions to strengthen it. After an analysis of rules which now govern offshore activities, and of the framework regarding responsibility and compensation in case of accidents, the authors highlight the main loopholes of the international regulatory framework, and identify some perspectives to correct them. They discuss the main existing challenges and present some options for a better supervision of offshore activities

The onshore influence of offshore fresh groundwater

Science.gov (United States)

Knight, Andrew C.; Werner, Adrian D.; Morgan, Leanne K.

2018-06-01

Freshwater contained within the submarine extensions of coastal aquifers is increasingly proposed as a freshwater source for coastal communities. However, the extent to which offshore freshwater supports onshore pumping is currently unknown on a global scale. This study provides the first attempt to examine the likely prevalence of situations where offshore freshwater influences onshore salinities, considering various sites from around the world. The groundwater conditions in twenty-seven confined and semi-confined coastal aquifers with plausible connections to inferred or observed offshore freshwater are explored. The investigation uses available onshore salinities and groundwater levels, and offshore salinity knowledge, in combination with analytical modelling, to develop simplified conceptual models of the study sites. Seven different conceptual models are proposed based on the freshwater-saltwater extent and insights gained from analytical modelling. We consider both present-day and pre-development conditions in assessing potential modern contributions to offshore fresh groundwater. Conceptual models also include interpretations of whether offshore freshwater is a significant factor influencing onshore salinities and well pumping sustainability. The results indicate that onshore water levels have declined between pre-development and present-day conditions in fourteen of the fifteen regions for which pre-development data are available. Estimates of the associated steady-state freshwater extents show the potential for considerable offshore fresh groundwater losses accompanying these declines. Both present-day and pre-development heads are insufficient to account for the observed offshore freshwater in all cases where adequate data exist. This suggests that paleo-freshwater and/or aquifer heterogeneities contribute significantly to offshore freshwater extent. Present-day heads indicate that active seawater intrusion (SWI) will eventually impact onshore pumping

Activity-based costing of security services for a Department of Energy nuclear site

International Nuclear Information System (INIS)

Togo, D.F.

1997-01-01

Department of Energy (DOE) nuclear facilities are being encouraged to reduce costs but the accounting data typically in use by the financial organizations at these laboratories cannot easily be used to determine which security activities offer the best reduction in cost. For example, labor costs have historically been aggregated over various activities, making it difficult to determine the true costs of performing each activity. To illustrate how this problem can be solved, a study was performed applying activity-based costing (ABC) to a hypothetical DOE facility. ABC is a type of cost-accounting developed expressly to determine truer costs of company activities. The hypothetical facility was defined to have features similar to those found across the DOE nuclear complex. ABC traced costs for three major security functions - Protective Force Operations, Material Control and Accountability, and Technical Security - to various activities. Once these costs had been allocated, we compared the cost of three fictitious upgrades: (1) an improvement in training or weapons that allows the protective force to have better capabilities instead of adding more response forces; (2) a change in the frequency of inventories; and (3) a reduction in the annual frequencies of perimeter sensor tests

Offshore in depth

Energy Technology Data Exchange (ETDEWEB)

Ebdon, J F

1968-08-01

The world-wide scope of offshore areas is discussed. Offshore areas of the U.S. and the world are where one of the ''hottest'' hydrocarbon booms--drilling, production, and pipelining--are in action today. Most of the current activity in offshore exploration and drilling is crude oil directed. However, big non-associated natural gas finds have been made. Additionally, for every barrel of crude oil produced, either or both associated natural gas and dissolved natural gas are produced in some varying ratio as casinghead gas. Thus, with worldwide production of some 2.5-million bbl of crude oil per day from offshore areas of Free-World countries, there are vast volumes of casinghead natural gas produced, over and above that produced from non-associated natural gas wells to the seaward of land masses. If offshore gas of any classification is produced in commercial volumes close to onshore population centers, then the possibility of marketing is fairly good. If remote from population centers, it is usually flared or shut-in. The development of gas liquefaction and cryogenic tankers has started, but international ocean traffic in LNG is still in its infancy. Current offshore gas pipelines are described.

Counting the costs of accreditation in acute care: an activity-based costing approach.

Science.gov (United States)

Mumford, Virginia; Greenfield, David; Hogden, Anne; Forde, Kevin; Westbrook, Johanna; Braithwaite, Jeffrey

2015-09-08

To assess the costs of hospital accreditation in Australia. Mixed methods design incorporating: stakeholder analysis; survey design and implementation; activity-based costs analysis; and expert panel review. Acute care hospitals accredited by the Australian Council for Health Care Standards. Six acute public hospitals across four States. Accreditation costs varied from 0.03% to 0.60% of total hospital operating costs per year, averaged across the 4-year accreditation cycle. Relatively higher costs were associated with the surveys years and with smaller facilities. At a national level these costs translate to $A36.83 million, equivalent to 0.1% of acute public hospital recurrent expenditure in the 2012 fiscal year. This is the first time accreditation costs have been independently evaluated across a wide range of hospitals and highlights the additional cost burden for smaller facilities. A better understanding of the costs allows policymakers to assess alternative accreditation and other quality improvement strategies, and understand their impact across a range of facilities. This methodology can be adapted to assess international accreditation programmes. Published by the BMJ Publishing Group Limited. For permission to use (where not already granted under a licence) please go to http://group.bmj.com/group/rights-licensing/permissions.

Reliability Assessment and Reliability-Based Inspection and Maintenance of Offshore Wind Turbines

DEFF Research Database (Denmark)

Ramirez, José Rangel

actions are the most relevant and effective means of control of deterioration. The risk-based inspection planning methodology, based on Bayesian decision theory, represents an important tool to identify the suitable strategy to inspect and control the deterioration in structures such as offshore wind...... performance during the life cycle. The deterioration processes, such as fatigue and corrosion, are typically affecting offshore structural systems. This damage decreases the system performance and increases the risk of failure, thus not fulfilling the established safety criteria. Inspection and maintenance...... to their offshore location, no pollution risks and low human risks since they are unmanned. This allows the allocation of lower reliability level compared to e.g. oil & gas installations. With the incursion to water depths between 20 and 50 meters, the use of jacket and tripod structures represents a feasible...

Mobile Offshore Base Operational Utility and Cost Study

National Research Council Canada - National Science Library

Greer, William

2001-01-01

.... This study responds to the portion of the National Defense Authorization Act for Fiscal Year 2001 that directs the Secretary of Defense to provide an analysis of the operational utility and life cycle costs of the MOB...

Offshore wind resource estimation for wind energy

DEFF Research Database (Denmark)

Hasager, Charlotte Bay; Badger, Merete; Mouche, A.

2010-01-01

Satellite remote sensing from active and passive microwave instruments is used to estimate the offshore wind resource in the Northern European Seas in the EU-Norsewind project. The satellite data include 8 years of Envisat ASAR, 10 years of QuikSCAT, and 23 years of SSM/I. The satellite observati......Satellite remote sensing from active and passive microwave instruments is used to estimate the offshore wind resource in the Northern European Seas in the EU-Norsewind project. The satellite data include 8 years of Envisat ASAR, 10 years of QuikSCAT, and 23 years of SSM/I. The satellite...... observations are compared to selected offshore meteorological masts in the Baltic Sea and North Sea. The overall aim of the Norsewind project is a state-of-the-art wind atlas at 100 m height. The satellite winds are all valid at 10 m above sea level. Extrapolation to higher heights is a challenge. Mesoscale...... modeling of the winds at hub height will be compared to data from wind lidars observing at 100 m above sea level. Plans are also to compare mesoscale model results and satellite-based estimates of the offshore wind resource....

Implementation and Utilisation of Activity-Based-Costing: A Danish Perspective

DEFF Research Database (Denmark)

Nielsen, Steen; Sørensen, René; Jakobsen, Morten

2004-01-01

The Activity-Based Costing (ABC) has achieved great attention in Denmark by now but no large survey exists concerning motives for implementing ABC in Denmark. Characteristic of the present situation is the lack of information concerning the current state of cost ac-counting practice. This paper...... latent variables cannot be directly measured. Different variables related to relevance, size of the company, and sources for knowledge of ABC are tested. The findings show that a relatively large number of companies now have adopted ABC as a new cost management technique. The results also show...

Digital-Control-Based Approximation of Optimal Wave Disturbances Attenuation for Nonlinear Offshore Platforms

Directory of Open Access Journals (Sweden)

Xiao-Fang Zhong

2017-12-01

Full Text Available The irregular wave disturbance attenuation problem for jacket-type offshore platforms involving the nonlinear characteristics is studied. The main contribution is that a digital-control-based approximation of optimal wave disturbances attenuation controller (AOWDAC is proposed based on iteration control theory, which consists of a feedback item of offshore state, a feedforward item of wave force and a nonlinear compensated component with iterative sequences. More specifically, by discussing the discrete model of nonlinear offshore platform subject to wave forces generated from the Joint North Sea Wave Project (JONSWAP wave spectrum and linearized wave theory, the original wave disturbances attenuation problem is formulated as the nonlinear two-point-boundary-value (TPBV problem. By introducing two vector sequences of system states and nonlinear compensated item, the solution of introduced nonlinear TPBV problem is obtained. Then, a numerical algorithm is designed to realize the feasibility of AOWDAC based on the deviation of performance index between the adjacent iteration processes. Finally, applied the proposed AOWDAC to a jacket-type offshore platform in Bohai Bay, the vibration amplitudes of the displacement and the velocity, and the required energy consumption can be reduced significantly.

Activity-based costing as an information basis for an efficient strategic management process

Directory of Open Access Journals (Sweden)

Kaličanin Đorđe

2013-01-01

Full Text Available Activity-based costing (ABC provides an information basis for monitoring and controlling one of two possible sources of competitive advantage, low-cost production and lowcost distribution. On the basis of cost information about particular processes and activities, management may determine their contribution to the success of a company, and may decide to transfer certain processes and activities to another company. Accuracy of cost information is conditioned by finding an adequate relation between overhead costs and cost objects, identifying and tracing cost drivers and output measures of activities, and by monitoring cost behaviour of different levels of a product. Basic characteristics of the ABC approach, such as more accurate cost price accounting of objects, focusing on process and activity output (rather than only on resource consumption and on understanding and interpretation of cost structure (rather than on cost measurement, enable managers to estimate and control future costs more reliably. Thus the ABC methodology provides a foundation for cost tracing, analysis, and management, which entails making quality and accurate operative and strategic decisions as a basis for the longterm orientation of a company. ABC is also complementary to the widely accepted technique of strategic planning and strategy implementation known as Balanced Scorecard (BSC.

Potential role of power authorities in offshore wind power development in the US

International Nuclear Information System (INIS)

Dhanju, Amardeep; Firestone, Jeremy; Kempton, Willett

2011-01-01

This article examines how power authorities could facilitate and manage offshore wind power development in US coastal waters. The power authority structure is an American 20th century institution for managing energy resources-a form of a public authority or public corporation dedicated to creating, operating and maintaining electric generation and transmission infrastructure. Offshore wind power is characterized by high capital costs but no fuel costs and thus low operating costs. Therefore a power authority, by virtue of its access to low-cost capital and managerial flexibility, could facilitate offshore wind power development by reducing financial risk of developing and lowering debt payments, thus improving the risk profile and lowering the cost of electricity production. Additionally, power authorities can be made up of multiple states, thus opening the possibility for joint action by neighboring coastal states. Using primary and secondary data, we undertake an in-depth analysis of the potential benefits and shortcomings of a power authority approach. - Highlights: → Proposes an institutional solution in the form of power authority for offshore wind power. → Power authority structure can significantly lower the cost of capital. → Tax-free bond financing available to power authority can significantly reduce the cost of energy. → It can enhance regional collaboration among coastal states to harness the offshore wind potential.

Analysis of North Sea Offshore Wind Power Variability

Directory of Open Access Journals (Sweden)

Aymeric Buatois

2014-05-01

Full Text Available This paper evaluates, for a 2030 scenario, the impact on onshore power systems in terms of the variability of the power generated by 81 GW of offshore wind farms installed in the North Sea. Meso-scale reanalysis data are used as input for computing the hourly power production for offshore wind farms, and this total production is analyzed to identify the largest aggregated hourly power variations. Based on publicly available information, a simplified representation of the coastal power grid is built for the countries bordering the North Sea. Wind farms less than 60 km from shore are connected radially to the mainland, while the rest are connected to a hypothetical offshore HVDC (High-Voltage Direct Current power grid, designed such that wind curtailment does not exceed 1% of production. Loads and conventional power plants by technology and associated cost curves are computed for the various national power systems, based on 2030 projections. Using the MATLAB-based MATPOWER toolbox, the hourly optimal power flow for this regional hybrid AC/DC grid is computed for high, low and medium years from the meso-scale database. The largest net load variations are evaluated per market area and related to the extra load-following reserves that may be needed from conventional generators.

Dissecting Costs of CT Study: Application of TDABC (Time-driven Activity-based Costing) in a Tertiary Academic Center.

Science.gov (United States)

Anzai, Yoshimi; Heilbrun, Marta E; Haas, Derek; Boi, Luca; Moshre, Kirk; Minoshima, Satoshi; Kaplan, Robert; Lee, Vivian S

2017-02-01

The lack of understanding of the real costs (not charge) of delivering healthcare services poses tremendous challenges in the containment of healthcare costs. In this study, we applied an established cost accounting method, the time-driven activity-based costing (TDABC), to assess the costs of performing an abdomen and pelvis computed tomography (AP CT) in an academic radiology department and identified opportunities for improved efficiency in the delivery of this service. The study was exempt from an institutional review board approval. TDABC utilizes process mapping tools from industrial engineering and activity-based costing. The process map outlines every step of discrete activity and duration of use of clinical resources, personnel, and equipment. By multiplying the cost per unit of capacity by the required task time for each step, and summing each component cost, the overall costs of AP CT is determined for patients in three settings, inpatient (IP), outpatient (OP), and emergency departments (ED). The component costs to deliver an AP CT study were as follows: radiologist interpretation: 40.1%; other personnel (scheduler, technologist, nurse, pharmacist, and transporter): 39.6%; materials: 13.9%; and space and equipment: 6.4%. The cost of performing CT was 13% higher for ED patients and 31% higher for inpatients (IP), as compared to that for OP. The difference in cost was mostly due to non-radiologist personnel costs. Approximately 80% of the direct costs of AP CT to the academic medical center are related to labor. Potential opportunities to reduce the costs include increasing the efficiency of utilization of CT, substituting lower cost resources when appropriate, and streamlining the ordering system to clarify medical necessity and clinical indications. Copyright © 2017 The Association of University Radiologists. Published by Elsevier Inc. All rights reserved.

Activity-based Management of Logistic Costs in a Manufacturing Company: A Case of Increased Visibility of Logistics Costs in a Slovenian Paper Manufacturing Company

Directory of Open Access Journals (Sweden)

Julijana Krajnc

2012-01-01

Full Text Available Both the transparent reporting of logistics costs and the related accounting of their cost drivers present a significant factor for the successful management of material flows and the related logistics activities in production companies. These costs, which are mainly reported as part of overhead (indirect costs in such companies, usually remain hidden or are not explicitly visible when the traditional method of accounting is applied. The aim of this research is to create a model of activity-based accounting of logistics costs in a production company, and to test its efficiency in the disclosure of logistics costs compared with traditional cost accounting. The application of the model in a production company shows that an activity-based approach discloses as much as 108% more logistics costs at the level of a group of products than the traditional cost-accounting approach. Further, detailed information on logistics costs obtained in this way enables their more efficient management. Key words: logistics costs; activity-based costing; cost allocation; cost visibility; cost management

Using a Time-Driven Activity-Based Costing Model To Determine the Actual Cost of Services Provided by a Transgenic Core.

Science.gov (United States)

Gerwin, Philip M; Norinsky, Rada M; Tolwani, Ravi J

2018-03-01

Laboratory animal programs and core laboratories often set service rates based on cost estimates. However, actual costs may be unknown, and service rates may not reflect the actual cost of services. Accurately evaluating the actual costs of services can be challenging and time-consuming. We used a time-driven activity-based costing (ABC) model to determine the cost of services provided by a resource laboratory at our institution. The time-driven approach is a more efficient approach to calculating costs than using a traditional ABC model. We calculated only 2 parameters: the time required to perform an activity and the unit cost of the activity based on employee cost. This method allowed us to rapidly and accurately calculate the actual cost of services provided, including microinjection of a DNA construct, microinjection of embryonic stem cells, embryo transfer, and in vitro fertilization. We successfully implemented a time-driven ABC model to evaluate the cost of these services and the capacity of labor used to deliver them. We determined how actual costs compared with current service rates. In addition, we determined that the labor supplied to conduct all services (10,645 min/wk) exceeded the practical labor capacity (8400 min/wk), indicating that the laboratory team was highly efficient and that additional labor capacity was needed to prevent overloading of the current team. Importantly, this time-driven ABC approach allowed us to establish a baseline model that can easily be updated to reflect operational changes or changes in labor costs. We demonstrated that a time-driven ABC model is a powerful management tool that can be applied to other core facilities as well as to entire animal programs, providing valuable information that can be used to set rates based on the actual cost of services and to improve operating efficiency.

Optimization of monopiles for offshore wind turbines.

Science.gov (United States)

Kallehave, Dan; Byrne, Byron W; LeBlanc Thilsted, Christian; Mikkelsen, Kristian Kousgaard

2015-02-28

The offshore wind industry currently relies on subsidy schemes to be competitive with fossil-fuel-based energy sources. For the wind industry to survive, it is vital that costs are significantly reduced for future projects. This can be partly achieved by introducing new technologies and partly through optimization of existing technologies and design methods. One of the areas where costs can be reduced is in the support structure, where better designs, cheaper fabrication and quicker installation might all be possible. The prevailing support structure design is the monopile structure, where the simple design is well suited to mass-fabrication, and the installation approach, based on conventional impact driving, is relatively low-risk and robust for most soil conditions. The range of application of the monopile for future wind farms can be extended by using more accurate engineering design methods, specifically tailored to offshore wind industry design. This paper describes how state-of-the-art optimization approaches are applied to the design of current wind farms and monopile support structures and identifies the main drivers where more accurate engineering methods could impact on a next generation of highly optimized monopiles. © 2015 The Author(s) Published by the Royal Society. All rights reserved.

Offshore wind market outlook in Northern Europe

Energy Technology Data Exchange (ETDEWEB)

Pimenta de Miranda, Wilfried; Trulsson, Ola; Ekloef, Eva-Britt; Niemenen, Karel

2010-08-15

After more than 10 years of slow developments, the offshore wind market is now accelerating. Thanks to a sustained political drive from UK and Germany, the rest of Northern Europe is now following the path as offshore wind is being recognized as one of the key resources available to the EU to meet its renewable energy ambitions. Exposed to increasing technical issues, rising costs and the financial crisis, lessons learned are now being shared and integrated throughout Europe and appropriate regulatory and planning reforms are now being deployed to speed the deployment of offshore wind. (Author)

The offshorization of economy: the present realities

Directory of Open Access Journals (Sweden)

Maslak Olga

2017-01-01

Full Text Available In this article the essence and main types of offshore zones have been studied. It has been analyzed the main reasons for cooperation with the tax havens, established that the main reason of the Ukrainian economy offshorization is not only the desire of economic entities to optimize taxes, but also the desire to protect their assets from the negative impact of the crisis phenomena in the national economy during 2010-2016. The foreign experience of the anti-offshore regulation has been researched. It has been defined that the general anti-offshore regulation vector should be based on the principles of financial transparency, active cooperation with the international community, an optimal combination of instruments that restrict the capital outflows and the effective instruments that stimulate the business development in the country. It has been also established that the mechanism of deoffshorization should be aimed not only at elimination of the territories with the preferential taxation, but also at receiving benefits from their use on the basis of the existing financial infrastructure of the leading world offshore centers. The experience of China in attracting additional foreign investments, gaining wider access to financial resources through the cooperation with an offshore financial centre has been researched.

Optimized Generator Designs for the DTU 10-MW Offshore Wind Turbine using GeneratorSE

Energy Technology Data Exchange (ETDEWEB)

Sethuraman, Latha; Maness, Michael; Dykes, Katherine

2017-01-09

Compared to land-based applications, offshore wind imposes challenges for the development of next generation wind turbine generator technology. Direct-drive generators are believed to offer high availability, efficiency, and reduced operation and maintenance requirements; however, previous research suggests difficulties in scaling to several megawatts or more in size. The resulting designs are excessively large and/or massive, which are major impediments to transportation logistics, especially for offshore applications. At the same time, geared wind turbines continue to sustain offshore market growth through relatively cheaper and lightweight generators. However, reliability issues associated with mechanical components in a geared system create significant operation and maintenance costs, and these costs make up a large portion of overall system costs offshore. Thus, direct-drive turbines are likely to outnumber their gear-driven counterparts for this market, and there is a need to review the costs or opportunities of building machines with different types of generators and examining their competitiveness at the sizes necessary for the next generation of offshore wind turbines. In this paper, we use GeneratorSE, the National Renewable Energy Laboratory's newly developed systems engineering generator sizing tool to estimate mass, efficiency, and the costs of different generator technologies satisfying the electromagnetic, structural, and basic thermal design requirements for application in a very large-scale offshore wind turbine such as the Technical University of Denmark's (DTU) 10-MW reference wind turbine. For the DTU reference wind turbine, we use the previously mentioned criteria to optimize a direct-drive, radial flux, permanent-magnet synchronous generator; a direct-drive electrically excited synchronous generator; a medium-speed permanent-magnet generator; and a high-speed, doubly-fed induction generator. Preliminary analysis of leveled costs of

How companies evaluate their offshore outsourcing activities? : A study of the challenges and opportunities associated with outsourcing to different countries

OpenAIRE

Attias, Irina

2014-01-01

Companies outsource their manufacturing for cutting costs and to be able to concentrate on their core competences. Offshore outsourcing reached its peak less than 10 years ago but nevertheless today’s literature has started to argue whether offshoring brings true long-term profits for companies that practice it. Whereas many multinational enterprises work on bringing their production back to their home countries, small and microenterprises seem to have only the ...

Active tuned mass damper for damping of offshore wind turbine vibrations

DEFF Research Database (Denmark)

Brodersen, Mark Laier; Bjørke, Ann-Sofie; Høgsberg, Jan Becker

2017-01-01

An active tuned mass damper (ATMD) is employed for damping of tower vibrations of fixed offshore wind turbines, where the additional actuator force is controlled using feedback from the tower displacement and the relative velocity of the damper mass. An optimum tuning procedure equivalent to the ...

Decommissioning of offshore installations

Energy Technology Data Exchange (ETDEWEB)

Oeen, Sigrun; Iversen, Per Erik; Stokke, Reidunn; Nielsen, Frantz; Henriksen, Thor; Natvig, Henning; Dretvik, Oeystein; Martinsen, Finn; Bakke, Gunnstein

2010-07-01

and requirements that should be considered in the regulation of decommissioning facilities for offshore installations. These facilities need sound expertise to be able to identify and deal with different types of waste, including hazardous waste such as heavy metals, other hazardous substances, low specific activity (LSA) radioactive material and asbestos. Facilities must be designed to allow safe handling of such waste, with no risk of runoff or infiltration into the soil. In addition, a decommissioning facility should have an effective collection system and an on-site treatment plant for contaminated water, including surface water. Each facility must have a sampling and analysis programme to monitor releases of the most relevant pollutants. The need for an environmental monitoring programme to follow developments in the recipient should also be considered. Other factors that must be closely monitored include noise and releases to air in connection with metal cutting and other operations. Moreover, decommissioning contracts must ensure that the costs of handling hazardous waste are met by the offshore operators. When decommissioning facilities for offshore installations are being sited, other interests must also be taken into account; for example, the use of nearby areas for housing, holiday housing or recreation. In addition, the implications for other sectors such as fisheries and agriculture must be taken into consideration. These are important issues that the municipalities must consider when preparing zoning plans and drawing up environmental impact assessments. In many cases, a regional authority is in a better position than a national one to make overall, cross-sectoral assessments of developments within the region. Nevertheless, the report recommends transferring the authority for regulating decommissioning facilities for offshore installations from the County Governors to the Climate and Pollution Agency. Regulating these facilities requires special

Cost management in the internal value chain of integrated application of activity-based costing, Kaizen concept and target costing

Directory of Open Access Journals (Sweden)

Pešić-Tomić Vesna

2014-01-01

Full Text Available The objective of this paper is an effort to view the possibilities of integrated use of target costing, activity based costing and Kaizen concept in the internal value chain as the central link of the entire chain. The idea is to stimulate the company management to think about the costs, position they take in the structure of price cost and their influence on forming the sales price since it is very important to produce right product for the consumer, of desired quality and functionality but along with as low production costs as possible. It is therefore needed to construct the right design of a product and provide its production at the shortest possible time along with as low costs as possible which will impact the efficiency of the entire value chain.

Techno-Economic Comparison of Onshore and Offshore Underground Coal Gasification End-Product Competitiveness

Directory of Open Access Journals (Sweden)

Natalie Christine Nakaten

2017-10-01

Full Text Available Underground Coal Gasification (UCG enables the utilisation of coal reserves that are currently not economically exploitable due to complex geological boundary conditions. Hereby, UCG produces a high-calorific synthesis gas that can be used for generation of electricity, fuels and chemical feedstock. The present study aims to identify economically competitive, site-specific end-use options for onshore and offshore produced UCG synthesis gas, taking into account the capture and storage (CCS and/or utilisation (CCU of resulting CO 2 . Modelling results show that boundary conditions that favour electricity, methanol and ammonia production expose low costs for air separation, high synthesis gas calorific values and H 2 /N 2 shares as well as low CO 2 portions of max. 10%. Hereby, a gasification agent ratio of more than 30% oxygen by volume is not favourable from economic and environmental viewpoints. Compared to the costs of an offshore platform with its technical equipment, offshore drilling costs are negligible. Thus, uncertainties related to parameters influenced by drilling costs are also negligible. In summary, techno-economic process modelling results reveal that scenarios with high CO 2 emissions are the most cost-intensive ones, offshore UCG-CCS/CCU costs are twice as high as the onshore ones, and yet all investigated scenarios except from offshore ammonia production are competitive on the European market.

Comparing econometric and survey-based methodologies in measuring offshoring

DEFF Research Database (Denmark)

Refslund, Bjarke

2016-01-01

such as the national or regional level. Most macro analyses are based on proxies and trade statistics with limitations. Drawing on unique Danish survey data, this article demonstrates how survey data can provide important insights into the national scale and impacts of offshoring, including changes of employment...

EWeA Offshore 2013 - Side event: 'Offshore wind energy - Potentialities and industrial opportunities in France and in Germany. French-German cross perspectives

International Nuclear Information System (INIS)

Genachte, Anne-Benedicte; Kavafyan, Philippe; Wagner, Andreas; Bour, Gregoire

2013-01-01

At the EWEA Offshore 2013 exhibition, the French-German office for Renewable energies (OFAEnR) organised a side-conference on Offshore wind energy and its Potentialities and industrial opportunities in France and in Germany. In the framework of this French-German exchange of experience, about 50 participants exchanged views on the conditions for the development of a durable offshore wind energy industry both in France and in Germany. This document brings together the available presentations (slides) made during this event: 1 - Supporting industrial development of offshore wind in Europe (Anne-Benedicte Genachte); 2 - Offshore wind energy: the Bremerhaven experience. An asset for the deployment of a complete industrial field in France (Philippe Kavafyan); 3 - Status, Prospects and Challenges for Offshore Wind energy in Germany - incl. Legal Framework and Presentation of cost reduction study results (Andreas Wagner); 4 - Offshore grid connection in Germany - Challenges and recommendations (Gregoire Bour)

Suggest Solutions for Diffusion and Implementation of Activity-Based Costing In Vietnam

OpenAIRE

Tandung Huynh; Guangming Gong; Huyhanh Huynh

2014-01-01

Activity-Based Costing (ABC) was developed by Robert S. Kaplan in the mid-1980s and up to now the academics, researchers as well as accounting practitioners have perceived it as the normative appropriate cost system. It has been considered as a method to overcome the shortcomings of the traditional costing. However, the application the new method as ABC is a challenge for Vietnamese companies because most of them have used traditional costing for calculating product cost. Changing from tradit...

Probabilistic Design of Offshore Structural Systems

DEFF Research Database (Denmark)

Sørensen, John Dalsgaard

1988-01-01

Probabilistic design of structural systems is considered in this paper. The reliability is estimated using first-order reliability methods (FORM). The design problem is formulated as the optimization problem to minimize a given cost function such that the reliability of the single elements...... satisfies given requirements or such that the systems reliability satisfies a given requirement. Based on a sensitivity analysis optimization procedures to solve the optimization problems are presented. Two of these procedures solve the system reliability-based optimization problem sequentially using quasi......-analytical derivatives. Finally an example of probabilistic design of an offshore structure is considered....

Probabilistic Design of Offshore Structural Systems

DEFF Research Database (Denmark)

Sørensen, John Dalsgaard

Probabilistic design of structural systems is considered in this paper. The reliability is estimated using first-order reliability methods (FORM). The design problem is formulated as the optimization problem to minimize a given cost function such that the reliability of the single elements...... satisfies given requirements or such that the systems reliability satisfies a given requirement. Based on a sensitivity analysis optimization procedures to solve the optimization problems are presented. Two of these procedures solve the system reliability-based optimization problem sequentially using quasi......-analytical derivatives. Finally an example of probabilistic design of an offshore structure is considered....

2010 Cost of Wind Energy Review

Energy Technology Data Exchange (ETDEWEB)

Tegen, S. [National Renewable Energy Lab. (NREL), Golden, CO (United States); Hand, M. [National Renewable Energy Lab. (NREL), Golden, CO (United States); Maples, B. [National Renewable Energy Lab. (NREL), Golden, CO (United States); Lantz, E. [National Renewable Energy Lab. (NREL), Golden, CO (United States); Schwabe, P. [National Renewable Energy Lab. (NREL), Golden, CO (United States); Smith, A. [National Renewable Energy Lab. (NREL), Golden, CO (United States)

2012-04-01

This document provides a detailed description of NREL's levelized cost of wind energy equation, assumptions, and results in 2010, including historical cost trends and future projections for land-based and offshore utility-scale wind.

2010 Cost of Wind Energy Review

Energy Technology Data Exchange (ETDEWEB)

Tegen, S.; Hand, M.; Maples, B.; Lantz, E.; Schwabe, P.; Smith, A.

2012-04-01

This document provides a detailed description of NREL's levelized cost of wind energy equation, assumptions and results in 2010, including historical cost trends and future projections for land-based and offshore utility-scale wind.

Comparison Between Individually and Group-Based Insulin Pump Initiation by Time-Driven Activity-Based Costing.

Science.gov (United States)

Ridderstråle, Martin

2017-07-01

Depending on available resources, competencies, and pedagogic preference, initiation of insulin pump therapy can be performed on either an individual or a group basis. Here we compared the two models with respect to resources used. Time-driven activity-based costing (TDABC) was used to compare initiating insulin pump treatment in groups (GT) to individual treatment (IT). Activities and cost drivers were identified, timed, or estimated at location. Medical quality and patient satisfaction were assumed to be noninferior and were not measured. GT was about 30% less time-consuming and 17% less cost driving per patient and activity compared to IT. As a batch driver (16 patients in one group) GT produced an upward jigsaw-shaped accumulative cost curve compared to the incremental increase incurred by IT. Taking the alternate cost for those not attending into account, and realizing the cost of opportunity gained, suggested that GT was cost neutral already when 5 of 16 patients attended, and that a second group could be initiated at no additional cost as the attendance rate reached 15:1. We found TDABC to be effective in comparing treatment alternatives, improving cost control and decision making. Everything else being equal, if the setup is available, our data suggest that initiating insulin pump treatment in groups is far more cost effective than on an individual basis and that TDABC may be used to find the balance point.

Natural Frequency and Damping Estimation of an Offshore Wind Turbine Structure

DEFF Research Database (Denmark)

Damgaard, Mads; Andersen, Jacob K. F.; Ibsen, Lars Bo

2012-01-01

During the last years, offshore wind turbines have increased significantly in size with larger rotors and more powerful generators. The costs are kept as low as possible by reducing the overall weight, which leads to very slender and flexible structures. An improper design may cause resonance due...... of an offshore wind turbine located in the North Sea. Simple Fourier Transformation and least square fitting to the vibration decay of ten “rotor stop” tests make it possible to evaluate the dynamic properties of the wind turbine structure. Based on the traditionally p-y curve method (Winkler type approach...

Issues in offshore platform research - Part 1: Semi-submersibles

Science.gov (United States)

Sharma, R.; Kim, Tae-Wan; Sha, O. P.; Misra, S. C.

2010-09-01

Availability of economic and efficient energy resources is crucial to a nation's development. Because of their low cost and advancement in drilling and exploration technologies, oil and gas based energy systems are the most widely used energy source throughout the world. The inexpensive oil and gas based energy systems are used for everything, i.e., from transportation of goods and people to the harvesting of crops for food. As the energy demand continues to rise, there is strong need for inexpensive energy solutions. An offshore platform is a large structure that is used to house workers and machinery needed to drill wells in the ocean bed, extract oil and/or natural gas, process the produced fluids, and ship or pipe them to shore. Depending on the circumstances, the offshore platform can be fixed (to the ocean floor) or can consist of an artificial island or can float. Semi-submersibles are used for various purposes in offshore and marine engineering, e.g. crane vessels, drilling vessels, tourist vessels, production platforms and accommodation facilities, etc. The challenges of deepwater drilling have further motivated the researchers to design optimum choices for semi-submersibles for a chosen operating depth. In our series of eight papers, we discuss the design and production aspects of all the types of offshore platforms. In the present part I, we present an introduction and critical analysis of semi-submersibles.

Wind energy in offshore grids

Energy Technology Data Exchange (ETDEWEB)

Schroeder, S.T.

2013-01-15

renewable electricity generation targets. In the near future, tendering of joint projects is a feasible solution. Case studies on the Kriegers Flak offshore hub in the Baltic Sea and on the question of offshore storage, applying the WILMAR Joint Market Model, complement these analyses. The study on Kriegers Flak shows that embedded wind generation approximately halves congestion rents. While building and operating an adiabatic cavern air energy storage appears technically feasible, several reasons are explained why this is inferior to an onshore solution from an electricity markets perspective. The measures addressed until now, transmission and storage, are complemented by an analysis of an alternative: curtailment of renewable generation. The acceptance of this measure will play an increasing role for a cost-efficient integration of renewables. An intuitive example is that it is not efficient to dimension offshore connections at the nameplate capacity of the wind park, but that accepting curtailment should be part of the optimisation. Combining results from the different papers leads to the conclusion that an integrated operation of meshed offshore grids and generation seems best. Strategic behaviour between actors is thus avoided, while stable investment conditions can be supported. A feed-in tariff or a combination of tendering and feed-in tariffs could be a suitable support mechanism, allowing a co-operation of generation and transmission. The regulatory and policy framework should be adapted to meet the characteristics of offshore grids. Doing so can foster the cost-efficient deployment of both transmission and generation. (Author)

Flexi-structure will cut offshore costs

Energy Technology Data Exchange (ETDEWEB)

Laird, R.

1978-03-23

A new support-tower design called Triflex, from Sea Energy Associates, could be used as a single-point mooring for tanker loading for small oilfields as well as for many other offshore production purposes. Triflex is a rigid tower designed to yield and move in sympathy with imposed wave and current forces when they exceed a predetermined limit. The tower can carry up to 4000 tons in water depths up to 300 m, and is lighter, is less expensive, and probably has greater safety advantages for rough conditions than existing North Sea structures. Extensive model testing has been carried out at Lanchester Polytechnic. Four different methods of construction are described.

Proposing a Formalised Model for Mindful Information Systems Offshoring

Science.gov (United States)

Costello, Gabriel J.; Coughlan, Chris; Donnellan, Brian; Gadatsch, Andreas

The central thesis of this chapter is that mathematical economics can provide a novel approach to the examination of offshoring business decisions and provide an impetus for future research in the area. A growing body of research indicates that projected cost savings from IT offshoring projects are not being met. Furthermore, evidence suggests that decision-making processes have been more emotional than rational, and that many offshoring arrangements have been rushed into without adequate analysis of the true costs involved. Building on the concept of mindfulness and mindlessness introduced to the IS literature by Swanson and Ramiller, a cost equation is developed using “deductive reasoning rather than inductive study” in the tradition of mathematical economics. The model endeavours to capture a wide range of both the quantitative and qualitative parameters. Although the economic model is illustrated against the background of a European scenario, the theoretical framework is generic and applicable to organisations in any global location.

Activity based costing model for inventory valuation

Directory of Open Access Journals (Sweden)

Vineet Chouhan

2017-03-01

Full Text Available Activity-Based-Model (ABC is used for the purpose of significant improvement for overhead accounting systems by providing the best information required for managerial decision. This pa-per discusses implacability of ABC technique on inventory valuation as a management account-ing innovation. In order to prove the applicability of ABC for inventory control a material driven medium-sized and privately owned company from engineering (iron and steel industry is select-ed and by analysis of its production process and its material dependency and use of indirect in-ventory, an ABC model is explored for better inventory control. The case revealed that the ne-cessity of ABC in the area of inventory control is significant. The company is not only able to increase its quality of decision but also it can significantly analyze its cost of direct material cost, valuation of direct material and use its implications for better decision making.

ISM Approach to Model Offshore Outsourcing Risks

OpenAIRE

Kumar, Sunand; Sharma, Rajiv Kumar; Chauhan, Prashant

2014-01-01

[EN] In an effort to achieve a competitive advantage via cost reductions and improved market responsiveness, organizations are increasingly employing offshore outsourcing as a major component of their supply chain strategies. But as evident from literature number of risks such as Political risk, Risk due to cultural differences, Compliance and regulatory risk, Opportunistic risk and Organization structural risk, which adversely affect the performance of offshore outsourcing in a supply chain ...

Pharmaceutical services cost analysis using time-driven activity-based costing: A contribution to improve community pharmacies' management.

Science.gov (United States)

Gregório, João; Russo, Giuliano; Lapão, Luís Velez

2016-01-01

The current financial crisis is pressing health systems to reduce costs while looking to improve service standards. In this context, the necessity to optimize health care systems management has become an imperative. However, little research has been conducted on health care and pharmaceutical services cost management. Pharmaceutical services optimization requires a comprehensive understanding of resources usage and its costs. This study explores the development of a time-driven activity-based costing (TDABC) model, with the objective of calculating the cost of pharmaceutical services to help inform policy-making. Pharmaceutical services supply patterns were studied in three pharmacies during a weekday through an observational study. Details of each activity's execution were recorded, including time spent per activity performed by pharmacists. Data on pharmacy costs was obtained through pharmacies' accounting records. The calculated cost of a dispensing service in these pharmacies ranged from €3.16 to €4.29. The cost of a counseling service when no medicine was supplied ranged from €1.24 to €1.46. The cost of health screening services ranged from €2.86 to €4.55. The presented TDABC model gives us new insights on management and costs of community pharmacies. This study shows the importance of cost analysis for health care services, specifically on pharmaceutical services, in order to better inform pharmacies' management and the elaboration of pharmaceutical policies. Copyright © 2016 Elsevier Inc. All rights reserved.

An economic assessment of tropical cyclone risk on offshore wind farms

DEFF Research Database (Denmark)

Hong, Lixuan; Möller, Bernd

2012-01-01

and cost and setting design parameters for offshore wind turbines are then discussed. The impact of tropical cyclones on offshore wind farms likes a double-edged sword, which might be advantageous for some regions in terms of increasing full-loaded hours of turbines, but also disadvantageous for others due....... A probabilistic tropical cyclone event model is applied to evaluate 20-year, 30-year, 50-year and 100-year recurrence of extreme wind speeds by geographical location. Combining a damage model derived from empirical loss data and an investment cost model within a Geographical Information System (GIS), the annual...... to its destructive effects. However, specific design standards and insurance of turbines would help reduce risks and economic losses of offshore wind farms in tropical cyclone-prone areas and expand exploitable locations for future offshore wind farms....

Probabilistic Fatigue Analysis of Jacket Support Structures for Offshore Wind Turbines Exemplified on Tubular Joints

OpenAIRE

Kelma, Sebastian; Schaumann, Peter

2015-01-01

The design of offshore wind turbines is usually based on the semi-probabilistic safety concept. Using probabilistic methods, the aim is to find an advanced structural design of OWTs in order to improve safety and reduce costs. The probabilistic design is exemplified on tubular joints of a jacket substructure. Loads and resistance are considered by their respective probability distributions. Time series of loads are generated by fully-coupled numerical simulation of the offshore wind turbine. ...

Time-driven activity-based costing: A dynamic value assessment model in pediatric appendicitis.

Science.gov (United States)

Yu, Yangyang R; Abbas, Paulette I; Smith, Carolyn M; Carberry, Kathleen E; Ren, Hui; Patel, Binita; Nuchtern, Jed G; Lopez, Monica E

2017-06-01

Healthcare reform policies are emphasizing value-based healthcare delivery. We hypothesize that time-driven activity-based costing (TDABC) can be used to appraise healthcare interventions in pediatric appendicitis. Triage-based standing delegation orders, surgical advanced practice providers, and a same-day discharge protocol were implemented to target deficiencies identified in our initial TDABC model. Post-intervention process maps for a hospital episode were created using electronic time stamp data for simple appendicitis cases during February to March 2016. Total personnel and consumable costs were determined using TDABC methodology. The post-intervention TDABC model featured 6 phases of care, 33 processes, and 19 personnel types. Our interventions reduced duration and costs in the emergency department (-41min, -$23) and pre-operative floor (-57min, -$18). While post-anesthesia care unit duration and costs increased (+224min, +$41), the same-day discharge protocol eliminated post-operative floor costs (-$306). Our model incorporating all three interventions reduced total direct costs by 11% ($2753.39 to $2447.68) and duration of hospitalization by 51% (1984min to 966min). Time-driven activity-based costing can dynamically model changes in our healthcare delivery as a result of process improvement interventions. It is an effective tool to continuously assess the impact of these interventions on the value of appendicitis care. II, Type of study: Economic Analysis. Copyright © 2017 Elsevier Inc. All rights reserved.

Enhanced Voltage Control of VSC-HVDC Connected Offshore Wind Farms Based on Model Predictive Control

DEFF Research Database (Denmark)

Guo, Yifei; Gao, Houlei; Wu, Qiuwei

2018-01-01

This paper proposes an enhanced voltage control strategy (EVCS) based on model predictive control (MPC) for voltage source converter based high voltage direct current (VSCHVDC) connected offshore wind farms (OWFs). In the proposed MPC based EVCS, all wind turbine generators (WTGs) as well...... as the wind farm side VSC are optimally coordinated to keep voltages within the feasible range and reduce system power losses. Considering the high ratio of the OWF collector system, the effects of active power outputs of WTGs on voltage control are also taken into consideration. The predictive model of VSC...

Optimal Selection of AC Cables for Large Scale Offshore Wind Farms

DEFF Research Database (Denmark)

Hou, Peng; Hu, Weihao; Chen, Zhe

2014-01-01

The investment of large scale offshore wind farms is high in which the electrical system has a significant contribution to the total cost. As one of the key components, the cost of the connection cables affects the initial investment a lot. The development of cable manufacturing provides a vast...... and systematical way for the optimal selection of cables in large scale offshore wind farms....

Offshore Hydrokinetic Energy Conversion for Onshore Power Generation

Science.gov (United States)

Jones, Jack A.; Chao, Yi

2009-01-01

Design comparisons have been performed for a number of different tidal energy systems, including a fully submerged, horizontal-axis electro-turbine system, similar to Verdant Tidal Turbines in New York's East River, a platform-based Marine Current Turbine, now operating in Northern Ireland's Strangford Narrows, and the Rotech Lunar Energy system, to be installed off the South Korean Coast. A fourth type of tidal energy system studied is a novel JPL/Caltech hydraulic energy transfer system that uses submerged turbine blades which are mechanically attached to adjacent high-pressure pumps, instead of to adjacent electrical turbines. The generated highpressure water streams are combined and transferred to an onshore hydroelectric plant by means of a closed-cycle pipeline. The hydraulic energy transfer system was found to be cost competitive, and it allows all electronics to be placed onshore, thus greatly reducing maintenance costs and corrosion problems. It also eliminates the expenses of conditioning and transferring multiple offshore power lines and of building offshore platforms embedded in the sea floor.

Application of activity-based costing (ABC) for a Peruvian NGO healthcare provider.

Science.gov (United States)

Waters, H; Abdallah, H; Santillán, D

2001-01-01

This article describes the application of activity-based costing (ABC) to calculate the unit costs of the services for a health care provider in Peru. While traditional costing allocates overhead and indirect costs in proportion to production volume or to direct costs, ABC assigns costs through activities within an organization. ABC uses personnel interviews to determine principal activities and the distribution of individual's time among these activities. Indirect costs are linked to services through time allocation and other tracing methods, and the result is a more accurate estimate of unit costs. The study concludes that applying ABC in a developing country setting is feasible, yielding results that are directly applicable to pricing and management. ABC determines costs for individual clinics, departments and services according to the activities that originate these costs, showing where an organization spends its money. With this information, it is possible to identify services that are generating extra revenue and those operating at a loss, and to calculate cross subsidies across services. ABC also highlights areas in the health care process where efficiency improvements are possible. Conclusions about the ultimate impact of the methodology are not drawn here, since the study was not repeated and changes in utilization patterns and the addition of new clinics affected applicability of the results. A potential constraint to implementing ABC is the availability and organization of cost information. Applying ABC efficiently requires information to be readily available, by cost category and department, since the greatest benefits of ABC come from frequent, systematic application of the methodology in order to monitor efficiency and provide feedback for management. The article concludes with a discussion of the potential applications of ABC in the health sector in developing countries.

III: Use of biomarkers as Risk Indicators in Environmental Risk Assessment of oil based discharges offshore.

Science.gov (United States)

Sanni, Steinar; Lyng, Emily; Pampanin, Daniela M

2017-06-01

Offshore oil and gas activities are required not to cause adverse environmental effects, and risk based management has been established to meet environmental standards. In some risk assessment schemes, Risk Indicators (RIs) are parameters to monitor the development of risk affecting factors. RIs have not yet been established in the Environmental Risk Assessment procedures for management of oil based discharges offshore. This paper evaluates the usefulness of biomarkers as RIs, based on their properties, existing laboratory biomarker data and assessment methods. Data shows several correlations between oil concentrations and biomarker responses, and assessment principles exist that qualify biomarkers for integration into risk procedures. Different ways that these existing biomarkers and methods can be applied as RIs in a probabilistic risk assessment system when linked with whole organism responses are discussed. This can be a useful approach to integrate biomarkers into probabilistic risk assessment related to oil based discharges, representing a potential supplement to information that biomarkers already provide about environmental impact and risk related to these kind of discharges. Copyright © 2016 Elsevier Ltd. All rights reserved.

Optimized Generator Designs for the DTU 10-MW Offshore Wind Turbine using GeneratorSE: Preprint

Energy Technology Data Exchange (ETDEWEB)

Sethuraman, Latha; Maness, Michael; Dykes, Katherine

2017-01-01

Compared to land-based applications, offshore wind imposes challenges for the development of next generation wind turbine generator technology. Direct-drive generators are believed to offer high availability, efficiency, and reduced operation and maintenance requirements; however, previous research suggests difficulties in scaling to several megawatts or more in size. The resulting designs are excessively large and/or massive, which are major impediments to transportation logistics, especially for offshore applications. At the same time, geared wind turbines continue to sustain offshore market growth through relatively cheaper and lightweight generators. However, reliability issues associated with mechanical components in a geared system create significant operation and maintenance costs, and these costs make up a large portion of overall system costs offshore. Thus, direct-drive turbines are likely to outnumber their gear-driven counterparts for this market, and there is a need to review the costs or opportunities of building machines with different types of generators and examining their competitiveness at the sizes necessary for the next generation of offshore wind turbines. In this paper, we use GeneratorSE, the National Renewable Energy Laboratory's newly developed systems engineering generator sizing tool to estimate mass, efficiency, and the costs of different generator technologies satisfying the electromagnetic, structural, and basic thermal design requirements for application in a very large-scale offshore wind turbine such as the Technical University of Denmark's (DTU) 10-MW reference wind turbine. For the DTU reference wind turbine, we use the previously mentioned criteria to optimize a direct-drive, radial flux, permanent-magnet synchronous generator; a direct-drive electrically excited synchronous generator; a medium-speed permanent-magnet generator; and a high-speed, doubly-fed induction generator. Preliminary analysis of leveled costs of

Increasing value in plagiocephaly care: a time-driven activity-based costing pilot study.

Science.gov (United States)

Inverso, Gino; Lappi, Michael D; Flath-Sporn, Susan J; Heald, Ronald; Kim, David C; Meara, John G

2015-06-01

Process management within a health care setting is poorly understood and often leads to an incomplete understanding of the true costs of patient care. Using time-driven activity-based costing methods, we evaluated the high-volume, low-complexity diagnosis of plagiocephaly to increase value within our clinic. A total of 59 plagiocephaly patients were evaluated in phase 1 (n = 31) and phase 2 (n = 28) of this study. During phase 1, a process map was created, encompassing each of the 5 clinicians and administrative personnel delivering 23 unique activities. After analysis of the phase 1 process maps, average times as well as costs of these activities were evaluated for potential modifications in workflow. These modifications were implemented in phase 2 to determine overall impact on visit-time and costs of care. Improvements in patient education, workflow coordination, and examination room allocation were implemented during phase 2, resulting in a reduced patient visit-time of 13:25 (19.9% improvement) and an increased cost of $8.22 per patient (7.7% increase) due to changes in physician process times. However, this increased cost was directly offset by the availability of 2 additional appointments per day, potentially generating $7904 of additional annual revenue. Quantifying the impact of a 19.9% reduction in patient visit-time at an increased cost of 7.7% resulted in an increased value ratio of 1.113. This pilot study effectively demonstrates the novel use of time-driven activity-based costing in combination with the value equation as a metric for continuous process improvement programs within the health care setting.

A time-driven, activity-based costing methodology for determining the costs of red blood cell transfusion in patients with beta thalassaemia major.

Science.gov (United States)

Burns, K E; Haysom, H E; Higgins, A M; Waters, N; Tahiri, R; Rushford, K; Dunstan, T; Saxby, K; Kaplan, Z; Chunilal, S; McQuilten, Z K; Wood, E M

2018-04-10

To describe the methodology to estimate the total cost of administration of a single unit of red blood cells (RBC) in adults with beta thalassaemia major in an Australian specialist haemoglobinopathy centre. Beta thalassaemia major is a genetic disorder of haemoglobin associated with multiple end-organ complications and typically requiring lifelong RBC transfusion therapy. New therapeutic agents are becoming available based on advances in understanding of the disorder and its consequences. Assessment of the true total cost of transfusion, incorporating both product and activity costs, is required in order to evaluate the benefits and costs of these new therapies. We describe the bottom-up, time-driven, activity-based costing methodology used to develop process maps to provide a step-by-step outline of the entire transfusion pathway. Detailed flowcharts for each process are described. Direct observations and timing of the process maps document all activities, resources, staff, equipment and consumables in detail. The analysis will include costs associated with performing these processes, including resources and consumables. Sensitivity analyses will be performed to determine the impact of different staffing levels, timings and probabilities associated with performing different tasks. Thirty-one process maps have been developed, with over 600 individual activities requiring multiple timings. These will be used for future detailed cost analyses. Detailed process maps using bottom-up, time-driven, activity-based costing for determining the cost of RBC transfusion in thalassaemia major have been developed. These could be adapted for wider use to understand and compare the costs and complexities of transfusion in other settings. © 2018 British Blood Transfusion Society.

Review of control algorithms for offshore wind turbines

Energy Technology Data Exchange (ETDEWEB)

Spruce, C J; Markou, H; Leithead, W E; Dominguez Ruiz, S

2005-07-01

Innovative turbine control strategies could allow the improvements to cost and performance considered essential to reduce the cost of energy from offshore wind farms around the UK. This project reviewed and investigated the possibility for further development of a power control algorithm originally developed by NEG Micon Rotors Ltd for use with offshore wind turbines in the hope that more advanced algorithms would reduce the loads on, and hence the costs of, components such as the foundation/support structure, tower, blades and bedplate. Three models (simulation model, linearisation of the simulation model and control model) were produced in order to conduct the review. Application of these models produced the conclusion that the size of the latest generation of offshore wind turbines has now reached a level where performance is starting to be constrained by fundamental factors in the dynamics caused by the machine's physical size. It was also concluded that an ideal control strategy could achieve potential cost savings for the tower and support structure of 5-10% of the total cost of the turbine plus support structure. Further work to develop controllers to reduce loads in the tower and support structure is urged. The report considers non-linear simulation, the linear model, the control model, general operation of the controller, the drive train damping filter, torque control, pitch control and advanced algorithms, and makes detailed recommendations for future work.

Optimization of Installation, Operation and Maintenance at Offshore Wind Projects in the U.S.: Review and Modeling of Existing and Emerging Approaches

Energy Technology Data Exchange (ETDEWEB)

Baldock, Nick [Garrad Hassan & Partners Ltd, Glasgow (United Kingdom); Sevilla, Fernando [Garrad Hassan & Partners Ltd, Glasgow (United Kingdom); Redfern, Robin [Garrad Hassan & Partners Ltd, Glasgow (United Kingdom); Storey, Alexis [Garrad Hassan & Partners Ltd, Glasgow (United Kingdom); Kempenaar, Anton [Garrad Hassan & Partners Ltd, Glasgow (United Kingdom); Elkinton, Chris [Garrad Hassan America, Inc., San Diego, CA (United States)

2014-12-19

The United States Department of Energy (DOE) awarded a grant to GL Garrad Hassan (GL GH) to investigate the logistics, opportunities, and costs associated with existing and emerging installation and operation and maintenance (O&M) activities at offshore wind projects as part of the DOE’s program to reduce barriers facing offshore wind project development in the United States (U.S.). This report (the Report) forms part of Subtopic 5.3 “Optimized Installation, Operation and Maintenance Strategies Study” which in turn is part of the “Removing Market Barriers in U.S. Offshore Wind” set of projects for the DOE. The purpose of Subtopic 5.3 is to aid and facilitate informed decision-making regarding installation and O&M during the development, installation, and operation of offshore wind projects in order to increase efficiency and reduce the levelized cost of energy (LCoE). Given the large area of U.S. territorial waters, the generally higher mean wind speeds offshore, and the proximity to the coast of many large U.S. cities, offshore wind power has the potential to become a significant contributor of energy to U.S. markets. However, for the U.S. to ensure that the development of offshore wind energy projects is carried out in an efficient and cost-effective manner, it is important to be cognizant of the current and emerging practices in both the domestic and international offshore wind energy industries. The U.S. can harness the experience gained globally and combine this with the skills and assets of an already sizeable onshore wind industry, as well as the resources of a mature offshore oil and gas industry, to develop a strong offshore wind sector. The work detailed in this report is aimed at assisting with that learning curve, particularly in terms of offshore specific installation and O&M activities. This Report and the Installation and O&M LCoE Analysis Tool, which were developed together by GL GH as part of this study, allow readers to identify, model

Rigid finite element method in analysis of dynamics of offshore structures

Energy Technology Data Exchange (ETDEWEB)

Wittbrodt, Edmund [Gdansk Univ. of Technology (Poland); Szczotka, Marek; Maczynski, Andrzej; Wojciech, Stanislaw [Bielsko-Biala Univ. (Poland)