Integrating a “Green” Score into an Economic Model Used in Asset Management for Water & Wastewater Utilities

Author: Goldblatt, Mikel E.

Source: Proceedings of the Water Environment Federation, WEFTEC 2008: Session 101 through Session 115 , pp. 8136-8144(9)

Publisher: Water Environment Federation

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Abstract:

A “green” score method for asset management is presented which encompasses short-term and long-term economics, risk of asset failure, and long-term environmental impact.

The concepts in this paper are built upon recent EPA Region 3 workshops which introduced a spreadsheet model to project 20-year expenditures based on economics and risk of asset failure. Adding a “green” score to the spreadsheet rankings changes the asset management decision paradigm from strictly economical to include both economical and environmental considerations. This allows one to capture items that are more difficult to represent by cash numbers such as environmental sustainability and quality of life factors.

Document Type: Research article

Publication date: 2008-01-01

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Proceedings of the Water Environment Federation is an archive of papers published in the proceedings of the annual Water Environment Federation® Technical Exhibition and Conference (WEFTEC® ) and specialty conferences held since the year 2000. These proceedings are not peer reviewed.

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