Browsing by Author "Anderson, William Bagwell"
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- An economic analysis and evaluation of the impact of the construction and operation of a hydroelectric facility in a rural area of VirginiaAnderson, William Bagwell (Virginia Tech, 1976-05-16)In this chapter, the recreational facilities included as part of the proposed hydroelectric facility were examined and analyzed from several prospectives. From a national accounting perspective, the Recreation Ponds Area was found to have a benefit-cost ratio greater than one if the high valuation of $2025 per user-day was used to estimate benefits o At lower valuation figures, the justification of the RPA on efficiency grounds becomes more questionable. The recreation area will have a positive impact on the study region's economy through increased economic activity and resident use, however, a complete assessment of local benefits and costs was not made. It appears that the incidence of the recreation facility's benefits and costs are such to result in an income transfer from electricity users (assuming the recreation facility's costs are reflected electric rates) to its recreation facility's uses. There is no economic rationale to justify this transfer nor to lead to the conclusion that this transfer is undesirable. In terms of the "Code of Federal Regulations," there is some question as to whether the RPA is required in the hydroelectric facility because it is separate from the pump-storage reservoirs. However, it appears that the FPC has established a "rule of thumb" requiring recreational facilities in conjunction with such facilities.
- An economic approach to water supply planning in southeastern VirginiaAnderson, William Bagwell (Virginia Tech, 1978-03-06)An examination was conducted of alternative responses to the water supply situation in four cities in southeastern Virginia. Cost/benefit analyses were performed for the provision of projected levels of use and for reductions in those levels of use achieved with the use of quotas, price increases, and water saving devices. An important element of these analyses was the consideration of the costs incurred as a result of waste water treatment with different levels of water use. The levels of the principal types of water use were estimated for each city. This provided a basis for the projection of water demand curves necessary for estimating the value of water. Optimal schedules for the development of additional water sources were derived through the examination of water demand, relative to the costs of operating and expanding water supply and waste water. treatment facilities.
- Expanded alternatives for water supply in southeastern VirginiaAnderson, William Bagwell; Cox, William E.; Shabman, Leonard A. (Virginia Water Resources Research Center, Virginia Polytechnic Institute and State University, 1978)The drought of summer 1977 emphasized the potential impact of water supply problems facing southeastern Virginia in the future. However, long before last summer, numerous local, state, and federal planning activities were underway to assess future water demands and to propose alternative solutions to meeting those demands. As a contribution to this planning and decision making process, a study was undertaken at Virginia Tech to assess the institutional impediments to implementation of the various proposed solutions and to document the costs of alternative solutions. Detailed findings will be available before mid-1978. This abbreviated preliminary report suggests that two limited-capacity water sources are potentially feasible interim water supply alternatives and should be considered in the planning process along with other alternatives for the region.