by Appraisal Economics | Aug 6, 2024 | Blog, Machinery Valuation, Power, Power Valuation, Tech News
The increasing popularity of hybrid battery energy storage systems (BESS) and standalone BESS reflects a significant shift in how energy is managed and utilized across various sectors. These systems, pivotal in integrating renewable energy sources, are becoming...
by Appraisal Economics | Jul 25, 2024 | Infrastructure, Machinery Valuation, Power, Valuation
The US is currently grappling with a severe and escalating crisis in its water infrastructure. Decades of neglect, underfunding, and a lack of comprehensive policy reforms have left this critical system on the brink of failure. The nation’s water infrastructure,...
by Appraisal Economics | Nov 17, 2021 | Business Valuation, Machinery Valuation, Valuation
Climate change, global warming, and other related agendas have catapulted research and development efforts over the past two decades. One of the main initiatives in green design technology is overhauling the automotive industry. A National Geographic article written...
by Appraisal Economics | Mar 9, 2020 | Machinery Valuation, Valuation
Digitization is no longer a commodity in today’s competitive business landscape. If it is not one of your top priorities, you are putting the health of your organization in danger. But any efforts to become more digitized should not stop with the tools themselves, or...
by Appraisal Economics | Jun 26, 2019 | Business Valuation, Machinery Valuation, Valuation
Fire, floods, earthquakes, and tornados; theft, vandalism, and negligence. Whether it is mother nature, an untrustworthy employee, or simply an error in judgement, business losses are a reality that cannot be ignored. When business owners suffer an equipment loss (and...
by Appraisal Economics | Jan 3, 2019 | Business Valuation, Machinery Valuation, Taxes
Property tax assessments are not written in stone. This is good news for businesses that face escalated property taxes. Business owners can and should fight unreasonable increases, but not before arming themselves with an equipment appraisal. Equipment appraisals...