Assessing Renewable Energy Projects Essay

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As aforediscussed, many authors agree that capital utilization play an important role in defining business viability; however there is a lack of assessment methodologies for making such assessment possible on the context of assessing Renewable Energy Projects. In view of that, and in order to tackle this difficulty, a generic assessment model has been presented on Chapter three Within the context of studying Renewable Energy Projects, this section provides an application of the generic model as to provide a glance on the insights, or gains in knowledge that can be achieved from the exploration of capital.
4.1 Case-Study Motivations
As we have previously discussed in Chapter one, the global demand for biofuels is expected to continue its
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Due to these reasons, it has become of crucial importance to understand the Brazilian Renewable Energy System. Therefore, this thesis applies its present assessment methodology in order to test its ability in generating useful information to the viability analysis process.
4.1.1 Brazil
With its 8.5 million square kilometers and over 190 million inhabitants, Brazil is not only the fifth largest territory, comprising nearly half of South America, but also the world’s fourth largest democracy (CIA, 2008). This tropical country is a major world player comprising one of the most modern and sophisticated industrial economies of the developing world - the tenth largest at market exchange rates. Despite ranking as the world's 15th largest oil-producer, advancing to become oil-independent due to recent massive discoveries in oil resources along its coast (see Mello, 2008), “few countries with reasonably good levels of industrialization and oil reserves have an energy matrix with such an important share of renewable energy sources (as Brazil)” (Walter, Dolzan, & E. Piacente, 2006). Brazil is considered to have the world's
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