Economic Feasibility Applied to Wind Energy Projects

de Oliveira, Wagner Sousa; Fernandes, Antonio Jorge
December 2011
International Journal of Emerging Sciences;Dec2011, Vol. 1 Issue 4, p659
Academic Journal
This paper focuses on the economic and financial assessments for renewable energy projects, especially wind energy. The objective of an economic feasibility analysis is to provide the information needed to make a judgment or a decision. The most complete analysis of an investment in a technology or a project requires the analysis of each year of the life of the investment, taking into account relevant direct costs, indirect and overhead costs, taxes, and returns on investment. However, it is important to consider the purpose and scope of a particular analysis at the outset because this will prescribe the course to follow. The perspective of the analysis is important, often dictating the approach to be used. Also, the ultimate use of the results of an analysis will influence the level of detail undertaken. The decision-making criteria of the potential investor must also be considered.


Related Articles

  • Development of wind turbine size and capacity factor.  // Wind Power Report;2004, Vol. 2, p40 

    Discusses the development of wind turbine size and capacity factor for wind power industry. Average turbine size installed each year in the leading wind power countries in the six years to 2002; Increases in turbine size; Large wind turbines available in 2003.

  • TRYING TO CATCH THE WIND. Woody, Todd // Fortune International (Asia);11/10/2008, Vol. 158 Issue 8, p54 

    The article explores investment opportunities in the wind energy industry. The wind market continue to grow in the U.S., driven by Congress's extension of a key tax credit and state mandates requiring utilities to tap renewable energy. Global growth also remains strong, with generation capacity...

  • The development of wind energy and the current market.  // Wind Power Report;2004, Vol. 2, p15 

    Discusses the history wind energy development and its global status as of 2004. Global market in 2003; Installed capacity from 1995 to 2002; Leading wind power countries in 2004; Wind energy development; Cost of wind-generated electricity; Project, operation and maintenance costs; Benefits and...

  • The future market for wind power.  // Wind Power Report;2004, Vol. 2, p29 

    Presents forecasts for the global wind power market for 2004 through 2010. Predicted global installed wind power capacity by 2010; National forecasts for wind energy development; European Union (EU) environmental directives; Feasibility of wind power conducted in 1999; Indicative EU targets for...

  • Wind Power. Makansi, Jason // Power;Nov/Dec2006, Vol. 150 Issue 9, p68 

    The article comments that to achieve viability and make inroads in the power industry, the wind energy business should learn from the lessons of the problems which faced the gas turbine business. Some of these problems were monopoly of a domestic supplier, availability of large gas turbines,...

  • First Wind-Powered City to Go Online this Summer. Levesque, Carl // Solar Today;May/Jun2007, Vol. 21 Issue 3, p62 

    The article reports that Saint Louis, Missouri-base wind power developer Wind Capital Group is assisting Rock Port, Missouri, to shift to all wind power by constructing the Loess Hills Wind Farm. This wind farm will be made up of four Suzlon 1.25-megawatt turbines. This project is funded by John...

  • UK Westcountry blows hot and cold.  // Modern Power Systems;Mar2004 Supplement, Vol. 24, p33 

    Reports that the local West Country economy could benefit from an influx of public funds in England. Availability of funds to support renewable energy sources development across the country; Total amount allocated for the initiative; Reasons behind the opposition of the Ministry of Defense to...

  • The greening of Colorado.  // Modern Power Systems;Mar2004 Supplement, Vol. 24, p34 

    Reports that GE Wind Energy, a unit of GE Power Systems, would supply turbines to the Colorado Green Project in Colorado. Significance of the wind farms in the local power industry; Total amount of energy supplied by the company; Number of units to be constructed in the area.

  • I. Executive Summary.  // Wind Power Report;2006, Vol. 3, p11 

    The article forecasts the global wind power capacity by 2010. Global growth of wind power capacity has reached to 33 percent. The important development in the industry focus mainly on the role and contribution of wind power to environmental targets and energy grids. The technology of wind power...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics