Cost-Benefit Analysis for Using Laser Fluorosensor for Detecting Heavy Oil
2007
Tebeau, P. A. | Etkin, D. S. | French-McCay, D. P.
This report describes the methodology and results of a cost-benefit analysis for acquiring and implementing laser fluorosensor (LF) technology to assist the U.S. Coast Guard (USCG) in responding to heavy oil spills. Cost savings were estimated for four specific spill scenarios (three historical and one hypothetical), using an oil spill simulation model. Cost savings were also estimated using two statistics-based models applied to 115 heavy oil spills occurring over the past decade. Both approaches produced cost savings estimates that were roughly equivalent. Acquisition, operation, and implementation costs were computed for four separate implementation options. Two options involved deploying a USCG-owned system on USCG aircraft, and two involved contracting for an LF capability. The potential annual cost savings were compared against projected implementation costs. Interim implementation options are discussed and recommendations for further investigation are provided.
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