LED technology in public light system of the Municipality of Rome: an economic and financial analisys

Authors

  • Domenico Campisi
  • Simone Gitto
  • Donato Morea

Abstract

This study evaluates an investment project concerning the redevelopment of the public lighting of the Municipality of Rome. In particular, we consider the replacing of the traditional lamps of the system with LED lamps. We consider the factors that affect this kind of project: the cost of energy, the manteinance cost, the investment cost and the Weighted Average Cost of Capital (WACC). Our results underline the reduction of energy consumption and of the maintenance costs, lower emissions of CO2 into the atmosphere, the reduction of light pollution, the positive effects on road safety and the indipendence by incentives.Keywords: LED technology, CO2 emissions, public lightingJEL Classification: H54  

Downloads

Download data is not yet available.

Downloads

Published

2017-01-17

How to Cite

Campisi, D., Gitto, S., & Morea, D. (2017). LED technology in public light system of the Municipality of Rome: an economic and financial analisys. International Journal of Energy Economics and Policy, 7(1), 200–208. Retrieved from https://mail.econjournals.com/index.php/ijeep/article/view/3790

Issue

Vol. 7 No. 1 (2017)

Section

Articles

License

Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication.