Gore, Ketan and Rigot Muller, Patrick and Coughlan, Joseph
(2023)
Cost-benefit assessment of shore side electricity: An Irish perspective.
Journal of Environmental Management, 326.
p. 116755.
ISSN 03014797
Abstract
This study, based on 2019 data, investigates the cost-effectiveness of Shore Side Electricity (SSE) adoption uti-
lising the existing and future (2030) Irish energy mix, while considering different levels of adoption across six
scenarios, incorporating both “port-side” and “ship-side” private costs alongside the benefits from reduced
external costs and avoided Auxiliary Engine (AE) fuel costs. Passenger ships calling to the two most populated
Irish port cities of Dublin and Belfast were selected as the case study, owing to the significance of such ports and
ship types in the Irish maritime economy. For the existing Irish energy mix, the most optimal solution among the
discussed scenarios was that of switching the top 10 most frequent passenger ship callers in Dublin and Belfast to
SSE, as it reflected the highest Net Present Values (NPV) of €34.06 million and €15.44 million, respectively. The
future (year 2030) SSE supply is expected to be “cleaner” due to an increase in the uptake of renewable energy
sources, which will further boost the obtained NPVs by 50%. A combination of public funding (by 50%),
increment in supplied electricity price by 8.62% (for Dublin) and 10.01% (for Belfast) and an annual ticket price
supplement (per passenger seat) by €0.03 (for Dublin) and €0.04 (for Belfast), can create a business case for the
identified optimal scenario.
| Item Type: |
Article
|
| Keywords: |
Shore side electricity;
Ship emissions;
External costs;
Private costs;
Cost-benefit analysis; |
| Academic Unit: |
Faculty of Social Sciences > School of Business |
| Item ID: |
17120 |
| Identification Number: |
https://doi.org/10.1016/j.jenvman.2022.116755 |
| Depositing User: |
Joseph Coughlan
|
| Date Deposited: |
27 Apr 2023 15:14 |
| Journal or Publication Title: |
Journal of Environmental Management |
| Publisher: |
Elsevier |
| Refereed: |
Yes |
| URI: |
|
| Use Licence: |
This item is available under a Creative Commons Attribution Non Commercial Share Alike Licence (CC BY-NC-SA). Details of this licence are available
here |
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