Investment Appraisal in a networks business

In this paper the author outlines ESB Networks procedures for Investment Appraisal of network reinforcement projects drawing on his experience when Manager, ESB Network Investment (North) outlining the processes required and the practical limitations that need to be taken into account. Background on ESB Networks may be found in the CIRED 2005 paper (no. 269) Business Process Reengineering and Transformation to Asset Management company at ESB Ireland.