Methodology of Investment Risk Analysis for Wind Power Plants in the Brazilian Free Market

Neto, Daywes Pinheiro; Domingues, Elder Geraldo; Calixto, Wesley P.; Alves, Aylton J.

doi:10.1080/15325008.2018.1444686

Cited by 11 publications

(14 citation statements)

References 23 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…This cost may include the project, wind turbine, civil and electrical infrastructure, installation, and transportation. According to Neto et al, 31 the investment cost consists of several expenses that depend on the size of the plant, difficulties presented by the land, equipment sophistication, and others, having a strong impact on the wind project cash flow.…”

Section: Resultsmentioning

confidence: 99%

“…Blanco 7 considers land rent as one of the most important variable costs of wind energy investment, adding this value to the cost of O&M. In Montes et al, 37 land rent is included in the O&M cost and represents around 16% of that cost. Neto et al 31 adopt the amount of land rent being equal to 1% of the gross revenue of the project. In all cases, to consider the amount of land rent, it is necessary to know the local cost of land rent per area and the area that will be required for wind farm installation.…”

Section: Resultsmentioning

confidence: 99%

“…This cost may include the project, wind turbine, civil and electrical infrastructure, installation, and transportation. According to Neto et al, 31 the investment cost consists of…”

Section: Investment Costsmentioning

confidence: 99%

See 2 more Smart Citations

Identification and analysis of impact factors on the economic feasibility of wind energy investments

et al. 2020

View full text Add to dashboard Cite

Summary The growing energy demand in the world and the concern for environmentally damaging energy sources have led to an increased interest in seeking alternative renewable energy sources, such as wind energy. Furthermore, choosing effective locations for wind power plants has become a key issue in project planning. However, prior to implementation, such projects should be confirmed as economically viable. This article is a systematic review of the literature carried out with the aim to identify the main factors that impact the economic feasibility of wind energy investments. The search was performed in the ISI Web of Science (WoS) electronic database, from which 120 papers were extracted after a selection process, and were analyzed individually. As a result of the review analysis, 23 factors that have an impact on feasibility analysis were identified and organized in five categories: location (surface roughness, turbine location), economic (investment costs, operation and maintenance costs, avoided energy cost, depreciation, land rent), political (interest rates and taxes, energy sales price, inflation, financing conditions), climatic (wind speed, air density, temperature, air pressure), and technical (turbine height, installed wind power, lifetime, efficiency, rotor diameter, operation time, number of turbine blades, construction time). These factors can directly impact the cost of capital and/or energy production, affecting the economic viability of wind farms. In the last decade, there has been an exponential growth in publications about economic feasibility of wind investments. The wind investments growth has been accompanied by financial studies about this subject. This study provides insights on the main variables used in wind energy feasibility studies. The results may assist researchers and investors to identify the key parameters that are being examined in the literature, and to evaluate which ones should be considered in their study to ensure a sustainable development of power generation through the wind source.

show abstract

Section: Resultsmentioning

confidence: 99%

Section: Resultsmentioning

confidence: 99%

See 1 more Smart Citation

Identification and analysis of impact factors on the economic feasibility of wind energy investments

et al. 2020

View full text Add to dashboard Cite

show abstract

“…The distribution of participants by gender shows that they were mostly male (25), and only one female. This fact can be understood by the wind power industry characteristics, requiring professionals to frequently perform their activities into remote places, inhibiting female professionals and prioritizing male candidates.…”

Section: Participants and Data Collectionmentioning

confidence: 99%

“…A wind power project is developed to make profit, so many studies cover the Financial risks. Risk sources can affect the financial plan and the projects' cashflow and need to be identified and mitigated [24][25][26]. Financial issues are complex, and really impact all the projects' development, as well as the contracts compliance.…”

Section: Wind Power Supply Chain Risk Factorsmentioning

confidence: 99%

A Study of Supply Chain Risk in the Brazilian Wind Power Projects by Interpretive Structural Modeling and MICMAC Analysis

2018

View full text Add to dashboard Cite

This paper aims to present an approach to the supply chain risk modeling of Brazilian wind power projects. Risk factors were assessed by literature review and analysis through the Interpretive Structural Modeling (ISM) and the Matrix-based Multiplication Applied to a Classification (MICMAC) methodologies, with a group of professionals of the field. The ISM model represented the relationships between twenty-two risk factors, and their position in the system, from higher to lower-level risks. The MICMAC analysis identified independent, autonomous, linkage and dependent risk factors according to their driving and dependence power. Data collected also allowed for the recognition of indirect influences between risk factors, complementing the system’s understanding, in special the strongest linkages. The paper also integrated both outputs to create a better representation of the risks factors into the system. The research characterizes current risk factors’ status on the Brazilian wind power supply chain, and the understanding of their implications into the system. It is a guide to implement effective mitigation strategies into the supply chain and more accurate and cautious decision-making in organizations.

show abstract

Economic analysis of the wind energy generation

Rocha¹,

Rotela²,

Maheri³

2023

Renewable Energy Production and Distribution Volume 2

View full text Add to dashboard Cite

Methodology of Investment Risk Analysis for Wind Power Plants in the Brazilian Free Market

Cited by 11 publications

References 23 publications

Identification and analysis of impact factors on the economic feasibility of wind energy investments

Identification and analysis of impact factors on the economic feasibility of wind energy investments

A Study of Supply Chain Risk in the Brazilian Wind Power Projects by Interpretive Structural Modeling and MICMAC Analysis

Economic analysis of the wind energy generation

Contact Info

Product

Resources

About