Eco-efficient value creation of residential street lighting systems by simultaneously analysing the value, the costs and the eco-costs during the design and engineering phase

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Abstract

In search of sustainable business models, product innovation must fulfil a double objective: the new product must have a higher (market) value, and at the same time a lower eco-burden. To achieve this objective, it is an imperative that the value, the total costs of ownership, and the eco-burden of a product are analysed at the beginning of the design process (idea generation and concept development). The design approach that supports such a design objective, is called Eco-efficient Value Creation (EVC). This approach is characterised by a two-dimensional representation: the eco-burden at the y-axis and the costs or the value at the x-axis. The value is either the Willingness to Pay or the market price. The eco-burden is expressed in eco-costs, a monetised single indicator in LCA (Life Cycle Assessment): an app for IOS and Android, and excel look-up tables at the internet, enable quick assessment of eco-costs. A practical example is given: the design of a new concept of domestic street lighting system for the city of Rotterdam. This new concept results in a considerable reduction of carbon footprint and eco-costs, and shows the benefits for the municipality and for the residents, resulting in a viable business case.

Original languageEnglish
Article number3351
Number of pages19
JournalEnergies
Volume13
Issue number13
DOIs
Publication statusPublished - 2020

Keywords

  • Eco-costs
  • Eco-efficient value creation
  • EVC
  • EVR
  • Street lighting system
  • TCO

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