The phrase "avoided cost" is correct and usable in written English.
It can be used in contexts related to finance or economics, particularly when discussing expenses that have been prevented or mitigated.
Example: "By implementing energy-efficient practices, the company was able to calculate the avoided cost of reduced utility bills."
Alternatives: "savings achieved" or "cost savings".
There is, however, little research to answer the question: what is the avoided cost of demand response (DR) in a restructured market with RPS?
The CCP had developed capital and operating costs for the various design options, and have concluded that there are significant opportunities through value engineering and process integration to reduce the $/C02 avoided cost of post-combustion CO2 capture.
This research study examines the peak energy reduction potential and avoided cost from using an automatic thermostat set point control strategy in a residential home which responds to the price variation in a time-of-use tariff.
Despite the interest of carbon capture and storage research on the calcium looping cycle due to the potentially low CO2 avoided cost this technology offers, there is a need to keep on reducing both cost and system size to ensure the economic advantage of this technology.
The objective function maximizes the net annual profit which accounts for the revenues from the sales of purified water, the avoided cost of the treated wastewater, and the total annualized costs accounting for the capital investment of the added heat transfer units and the TMD network, the operating costs for the heating and cooling utilities and the operating expenses for the TMD system.
It affirms that area- and time-specific avoided cost estimates can improve the allocation of the state's public funding for DSM/EE programs, a finding that could benefit other parts of North America (e.g. Ontario and New York), which have undergone electricity deregulation.
But is California right about these avoided costs?
For every dollar spent preparing for climate change, we can save $7 in avoided costs.
Table 5 Annual avoided costs from 1998 2011 for the local water utility company Average quantity (m3yr-1) Average cost (1,000 BRL m-3) Total cost (BRL) Avoided cost for 1% of turbidity reduction (BRL) 174,545.3 22.2 3,877,482.0 174,545.3
In many cases, this is about identifying avoided costs of new infrastructure investments on the grid.
Less juvenile delinquency also provides big savings through the avoided costs of incarceration and rehabilitation.
