WHAT-IF Tool

WHAT-IF Tool

Organization

Technical University of Denmark (DTU), Massachusetts Institute of Technology (MIT), COWIfonden

Type(s) of Tool

Economic / Financial ValuationsAnalyses the economic/financial value and risks related to projects.

Sector(s)

Water and Sanitation

Lifecycle Phase(s)

Strategic PlanningPublic authorities identify the needs and long-term vision for infrastructure development., FinanceDevelopers decide how to pay for their project.

Open Source

Yes

Language Availability

English

Country of Origin

Denmark

Date of Development

2019

Version

3.0

Description

The Water-Hydropower-Agriculture Tool for Investments and Financing (WHAT-IF) tool is a computer-based model developed for economic assessment of water infrastructure (e.g. reservoirs, irrigation, water supply, energy production) within the water-energy-food nexus. The key objective of the tool is to maximize economic welfare considering nexus’ trade-offs, such as crop and power markets and trade, as well as exogenous climate change and socio-economic drivers. Therewith, the tool enables to solve synergies and tradeoffs between those sectors and provides the user with nexus-optimized water infrastructure solutions based on the comparison of different scenarios.

Tool Outcome

The WHAT-IF tool allows users to economically optimize water infrastructures under consideration of the nexus with the power market and agricultural production as well as climate change and socio-economic drivers. Modelling of different scenarios is possible.

Sustainability Criteria

The tool considers several drivers that influence water use, such as (non-exclusive list):
– Water demand
– Water technologies
– Operational constraints
– Environmental policies
– Climate change
– Land use
– Land resources
– Crop demand
– Potential yields
– World crop market prices
– Energy demand
– Fuel prices
– Carbon policy
– Energy technologies

Contact Information

rapp@env.dtu.dk