Lachlan Valley Water Security (Cranky Rock Dam) - Balmoral Group has been awarded the Lachlan Valley Priority Catchment - Water Security Phase Two Investigation - Cost Benefit Analysis and Willingness to Pay study by Water NSW also known as the Cranky Rock Dam project. The Stage Two investigations will involve feasibility studies as well as a cost benefit analysis to more precisely calculate the water needs of the Lachlan region and identify how a new dam could best be used with other complementary options to meet these needs. Options to be explored include using new or existing infrastructure or changes to water delivery in conjunction with a dam to establish the most effective solution for water security. Potential social, economic and environmental impacts of storage and other complementary options will be considered. For further information please contact Grant Leslie at email@example.com.
Cost Benefit Analysis of Coastal Erosion Mitigation Options at Lake Cathie - Balmoral Group Australia's approach to coastal erosion at Lake Cathie, a small coastal community on the coast of New South Wales, was to estimate economic costs and benefits using spacial techniques in GIS. A Cost-Benefit tool was constructed to assess the impacts of coastal resiliency strategies ranging from planned retreat to revetment options. BGA assessed stamp duty and council rates for properties, as well as net present values over the time period. Rolling easements and Right-of-Way easements were also calculated for properties. A sensitivity analysis and literature review was conducted.
Coastal Resiliency Cost Benefit Analysis - Old Bar NSW - Potential strategies to manage the effects of coastal erosion range widely from property easements to engineering solutions. Balmoral Group Australia's approach to coastal erosion at Old Bar, a small coastal community on the mid-north coast of New South Wales, was to estimate economic costs and benefits using spacial techniques in GIS. We assessed the impacts of coastal resiliency strategies on economic activity, quality of life, natural resources and public infrastructure. We also evaluated the range of identified strategies over a variety of scenarios. The resultant report provided Governments with guidance for choosing a mitigation strategy that best suits the specific community traits. The full report can be found at www.environment.nsw.gov.au/resources/coasts/OldBarCBA.pdf.
Development of a Coastal Resiliency Plan for the Department of Economic Opportunity - Florida - Coastal counties in Florida face the challenge of reducing risk from coastal hazards; potential strategies range widely, from rolling easements to engineering projects. Balmoral Group was commissioned to explore these issues and develop a resiliency plan. Using spatial techniques in GIS impacts of mitigation strategies on economic development, natural resources and public infrastructure was evaluated, under current scenarios, and future scenarios incorporating sea level rise. The project outcome provided local governments with guidelines for choosing a mitigation strategy that best suits specific community traits thereby reducing the risk from storm surge and other coastal hazards into the future.