Please use this identifier to cite or link to this item: http://hdl.handle.net/10316/95912
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dc.contributor.authorPais, José Edmundo de Almeida-
dc.contributor.authorRaposo, Hugo D. N.-
dc.contributor.authorFarinha, José Torres-
dc.contributor.authorCardoso, Antonio J. Marques-
dc.contributor.authorMarques, Pedro Alexandre-
dc.date.accessioned2021-10-18T16:08:17Z-
dc.date.available2021-10-18T16:08:17Z-
dc.date.issued2021-
dc.identifier.issn1996-1073pt
dc.identifier.urihttp://hdl.handle.net/10316/95912-
dc.description.abstractThe purpose of this study was to apply new methods of econometric models to the Life Cycle Assessment (LCA) of physical assets, by integrating investments such as maintenance, tech-nology, sustainability, and technological upgrades, and to propose a means to evaluate the Life Cycle Investment (LCI), with emphasis on sustainability. Sustainability is a recurrent theme of existing studies and will be a concern in coming decades. As a result, equipment with a smaller environmental footprint is being continually developed. This paper presents a method to evaluate asset depreciation with an emphasis on the maintenance investment, technology depreciation, sustaina-bility depreciation, and technological upgrade investment. To demonstrate the value added of the proposed model, it was compared with existing models that do not take the previously mentioned aspects into consideration. The econometric model is consistent with asset life cycle plans as part of the Strategic Asset Management Plan of the Asset Management System. It is clearly demonstrated that the proposed approach is new and the results are conclusive, as demonstrated by the presented models and their results. This research aims to introduce new methods that integrate the factors of technology upgrades and sustainability for the evaluation of assets’ LCA and replacement time. Despite the increase in investment in technology upgrades and sustainability, the results of the Integrated Life Cycle Assessment First Method (ILCAM1), which represents an improved approach for the analyzed data, show that the asset life is extended, thus increasing sustainability and pro-moting the circular economy. By comparison, the Integrated Life Cycle Investment Assessment Method (ILCIAM) shows improved results due to the investment in technology upgrades and sus-tainability. Therefore, this study presents an integrated approach that may offer a valid tool for decision makers. © 2021 by the authors. Licensee MDPI, Basel, Switzerland.pt
dc.language.isoengpt
dc.publisherMDPIpt
dc.relationinfo:eu-repo/grantAgreement/EC/H2020/871284/EU/Self-sufficient humidity to electricity Innovative Radiant Adsorption System Toward Net Zero Energy Buildingspt
dc.relationPOCI-01-0145-FEDER-029494pt
dc.relationPTDC/EEI-EEE/29494/2017pt
dc.relationUIDB/04131/2020pt
dc.relationUIDP/04131/2020pt
dc.rightsopenAccesspt
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt
dc.subjectAsset managementpt
dc.subjectCircular economypt
dc.subjectEconometric modelpt
dc.subjectISO 5500Xpt
dc.subjectLife cycle assessmentpt
dc.subjectOptimizationpt
dc.subjectPhysical assetspt
dc.subjectSustainabilitypt
dc.titleOptimizing the Life Cycle of Physical Assets through an Integrated Life Cycle Assessment Methodpt
dc.typearticle-
degois.publication.firstPage6128pt
degois.publication.issue19pt
degois.publication.titleEnergiespt
dc.peerreviewedyespt
dc.identifier.doi10.3390/en14196128pt
degois.publication.volume14pt
dc.date.embargo2021-01-01*
uc.date.periodoEmbargo0pt
item.grantfulltextopen-
item.languageiso639-1en-
item.fulltextCom Texto completo-
crisitem.author.researchunitCEMMPRE - Centre for Mechanical Engineering, Materials and Processes-
crisitem.author.researchunitCEMMPRE - Centre for Mechanical Engineering, Materials and Processes-
Appears in Collections:I&D CEMMPRE - Artigos em Revistas Internacionais
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This item is licensed under a Creative Commons License Creative Commons