Economics homework help. Engineering Economy Project
Spring 2020
Water desalination is a major process to supply clean drinking water in many countries around
the World. The International Atomic Energy Agency has developed economic tools to assess
the economic aspects of water desalination using a range of technologies. Using the IAEA
Desalination Economic Evaluation Programme (DEEP)
https://www.iaea.org/topics/non-electric-applications/nuclear-desalination
You are requested to work with your team to estimate the water desalination cost in terms of
water production and energy consumption as requested below
1. Select the Power Plant type for your Desalination Plant and justify your selection.
2. Investigate the effects fuel option on the water and energy production costs
3. Investigate the effects of technology option
4. Select a power plant technology and justify your selection
5. Investigate the effects of Power Plant Efficiency on the water and energy costs
6. Investigate the effect of the Desalination Capacity on the water and energy costs
7. Investigate the effects of Carbon Prices on the water and energy costs
8. Investigate the relationship between discount rate and water production for your
selected process
9. Investigate the effects of interest rates on your production costs on the water and energy
costs
10. Investigate the relationship between fuel escalation rate and water and energy
production costs
11. Comment on the results and make recommendations
Faculty: Dr. Yousef Alshammari
Project Guidelines
In team of five engineers, you are required to the follow the following guidelines to complete
this project.
1. Form your team composing five engineers
2. Select a team leader
3. Distribute the task among your team members (each member must have one analytical
task)
4. Produce a report (5-10 pages) summarising project results and recommendations
5. Project report must be submitted as a hardcopy to the faculty.
Your project report cover page must show the names of the team members, team leader, and
individual contribution of each member. Your project will be assessed based on the quality of
individual and group contributions.

Economics homework help