REGULATIONS FOR EFFICIENCY ASSESSMENT OF INVESTMENT PROJECTS IN THE ENERGY SECTOR: BRIEF OVERVIEW AND COMPARATIVE ANALYSIS
The policy of decarbonization and eco-modernization of the energy industry adopted by many countries implies a serious selection of investment projects primarily on the environmental pillar: projects aimed at reducing the negative impact on the environment or projects whose environmental damage from...
Saved in:
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Published: |
WITPress
2022
|
| Online Access: | https://www.scopus.com/inward/record.uri?eid=2-s2.0-85134620074&doi=10.2495%2fEPM220041&partnerID=40&md5=ac8b3ab0325b3ec5ddf07d560758b26a http://eprints.utp.edu.my/33554/ |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| id |
my.utp.eprints.33554 |
|---|---|
| record_format |
eprints |
| spelling |
my.utp.eprints.335542022-09-07T07:56:43Z REGULATIONS FOR EFFICIENCY ASSESSMENT OF INVESTMENT PROJECTS IN THE ENERGY SECTOR: BRIEF OVERVIEW AND COMPARATIVE ANALYSIS Karaeva, A. Magaril, E. Al-Kayiem, H.H. The policy of decarbonization and eco-modernization of the energy industry adopted by many countries implies a serious selection of investment projects primarily on the environmental pillar: projects aimed at reducing the negative impact on the environment or projects whose environmental damage from the implementation might be minimal, become priority. Therefore, the environmental impact assessment of investment projects became mandatory in the efficiency assessment process. Nowadays, there is no generally acclaimed methodology in the world for assessing the environmental and economic efficiency of investment projects: each country may have and apply its own requirements and methods or use recommendations developed and prepared by the international organizations. To ensure high efficiency of environmental and economic assessment, numerous normative tools, including recommendations and/or requirements for their implementation, are recommended that may vary significantly in different countries. The present study aims on comparative analysis of normative documents adopted in Russia, the USA and the EU to assess the environmental and economic efficiency of investment projects. In addition, the results of the analysis will help to identify the key differences in regulations and the main problems and difficulties of conducting an environmental and economic assessment of investment projects. Finally, this may enable further assessment of the possibilities of creating a unified global approach. © 2022 WITPress. All rights reserved. WITPress 2022 Article NonPeerReviewed https://www.scopus.com/inward/record.uri?eid=2-s2.0-85134620074&doi=10.2495%2fEPM220041&partnerID=40&md5=ac8b3ab0325b3ec5ddf07d560758b26a Karaeva, A. and Magaril, E. and Al-Kayiem, H.H. (2022) REGULATIONS FOR EFFICIENCY ASSESSMENT OF INVESTMENT PROJECTS IN THE ENERGY SECTOR: BRIEF OVERVIEW AND COMPARATIVE ANALYSIS. WIT Transactions on Ecology and the Environment, 255 . pp. 35-47. http://eprints.utp.edu.my/33554/ |
| institution |
Universiti Teknologi Petronas |
| building |
UTP Resource Centre |
| collection |
Institutional Repository |
| continent |
Asia |
| country |
Malaysia |
| content_provider |
Universiti Teknologi Petronas |
| content_source |
UTP Institutional Repository |
| url_provider |
http://eprints.utp.edu.my/ |
| description |
The policy of decarbonization and eco-modernization of the energy industry adopted by many countries implies a serious selection of investment projects primarily on the environmental pillar: projects aimed at reducing the negative impact on the environment or projects whose environmental damage from the implementation might be minimal, become priority. Therefore, the environmental impact assessment of investment projects became mandatory in the efficiency assessment process. Nowadays, there is no generally acclaimed methodology in the world for assessing the environmental and economic efficiency of investment projects: each country may have and apply its own requirements and methods or use recommendations developed and prepared by the international organizations. To ensure high efficiency of environmental and economic assessment, numerous normative tools, including recommendations and/or requirements for their implementation, are recommended that may vary significantly in different countries. The present study aims on comparative analysis of normative documents adopted in Russia, the USA and the EU to assess the environmental and economic efficiency of investment projects. In addition, the results of the analysis will help to identify the key differences in regulations and the main problems and difficulties of conducting an environmental and economic assessment of investment projects. Finally, this may enable further assessment of the possibilities of creating a unified global approach. © 2022 WITPress. All rights reserved. |
| format |
Article |
| author |
Karaeva, A. Magaril, E. Al-Kayiem, H.H. |
| spellingShingle |
Karaeva, A. Magaril, E. Al-Kayiem, H.H. REGULATIONS FOR EFFICIENCY ASSESSMENT OF INVESTMENT PROJECTS IN THE ENERGY SECTOR: BRIEF OVERVIEW AND COMPARATIVE ANALYSIS |
| author_facet |
Karaeva, A. Magaril, E. Al-Kayiem, H.H. |
| author_sort |
Karaeva, A. |
| title |
REGULATIONS FOR EFFICIENCY ASSESSMENT OF INVESTMENT PROJECTS IN THE ENERGY SECTOR: BRIEF OVERVIEW AND COMPARATIVE ANALYSIS |
| title_short |
REGULATIONS FOR EFFICIENCY ASSESSMENT OF INVESTMENT PROJECTS IN THE ENERGY SECTOR: BRIEF OVERVIEW AND COMPARATIVE ANALYSIS |
| title_full |
REGULATIONS FOR EFFICIENCY ASSESSMENT OF INVESTMENT PROJECTS IN THE ENERGY SECTOR: BRIEF OVERVIEW AND COMPARATIVE ANALYSIS |
| title_fullStr |
REGULATIONS FOR EFFICIENCY ASSESSMENT OF INVESTMENT PROJECTS IN THE ENERGY SECTOR: BRIEF OVERVIEW AND COMPARATIVE ANALYSIS |
| title_full_unstemmed |
REGULATIONS FOR EFFICIENCY ASSESSMENT OF INVESTMENT PROJECTS IN THE ENERGY SECTOR: BRIEF OVERVIEW AND COMPARATIVE ANALYSIS |
| title_sort |
regulations for efficiency assessment of investment projects in the energy sector: brief overview and comparative analysis |
| publisher |
WITPress |
| publishDate |
2022 |
| url |
https://www.scopus.com/inward/record.uri?eid=2-s2.0-85134620074&doi=10.2495%2fEPM220041&partnerID=40&md5=ac8b3ab0325b3ec5ddf07d560758b26a http://eprints.utp.edu.my/33554/ |
| _version_ |
1744356184554471424 |
| score |
13.211869 |