Operations Research, Systems Engineering and Industrial Engineering Commons^™

Development Of A Decision Tool For Green Energy Investment In The Pioneer Valley, Benjamin R. Ewing

Masters Theses 1911 - February 2014

We present the process followed to create a decision-aid tool for use in renewable energy and energy efficiency investment decisions. Our tool is targeted at home and small business owners in the Pioneer Valley. We begin with the development of two prototype tools. The first was created for the Hitchcock Center for the Environment, and is an Excel-based tool that allows users to select various combinations of technologies and instantly see the financial, environmental, and educational impacts of their choice. The second examines only two technologies, solar photovoltaics and combined heat and power, and uses a cost minimization approach. These …