Economic Analysis of Offshore Wind Farms: a Brazilian Case Study

Authors

Keywords:

Brazilian Electrical Sector, Economic Feasibility, Offshore Wind Energy, Renewable Energy

Abstract

The world demand for energy has grown significantly over the years and, therefore, imposes new challenges regarding the consumption and generation of electricity. In addition, the agreement negotiated by 195 countries in Paris during COP21 reinforces sustainable development from the reduction of greenhouse gas emissions to contain global warming as of 2020. Renewable energy sources are essential for reducing dependence on fossil fuels, motivating countries, including Brazil, to seek measures to boost the use of green energies. In this scenario, wind energy stands out as one of the most promising ways to aggregate energy matrix requirements and environmental constraints. Within this prospect, the present study is presented, aiming to raise the most relevant topics about the development of offshore wind farms, in particular their economic and financial feasibility, which is evaluated through the construction of a cash flow and through the determination of viability indicators for a case study. The results obtained are presented and discussed in order to show a competitiveness analysis of offshore wind energy when compared with same nature projects worldwide and with other sources present in the Brazilian energy matrix.

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Author Biographies

Bruna Castello Branco Livi, Equinor Brasil e Energia

Bruna C. B. Livi e graduada em Engenharia de Producao PUC-Rio (2019). Desde 2018 atua como Analista de Planejamento e Controle de Projetos na Equinor Brasil e Energia.

Rachel Wilczek Rodrigues, ST Importacoes (Americanas s.a.)

Rachel W. Rodrigues e graduada em Engenharia de Producao pela PUC-Rio (2019). Atua na empresa ST Importacoes, do grupo Americanas s.a., com comercio exterior.

Fabio Batista, PUC-Rio

Fabio R. S. Batista e graduado em Engenharia Civil pela Universidade Federal do Espirito Santo (1999), mestre (2002) e doutor (2007) em Engenharia de Producao pela PUC-Rio. Desde 2001 e pesquisador do CEPEL e desde 2007 e professor da PUC-Rio.

Paula Maçaira, PUC-Rio

Paula Macaira e Professora Assistente do Departamento de Engenharia Industrial da PUC-Rio, com experiencia na area de Probabilidade e Estatistica Aplicada. Possui Graduacao em Estatistica (2012) pela Escola Nacional de Ciencias Estatisticas, Mestrado em Engenharia Eletrica (2015), Doutorado (2018) e Pos-Doutorado (2019) em Engenharia de Producao pela PUC-Rio.

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Published

2021-08-25

How to Cite

Castello Branco Livi, B., Wilczek Rodrigues, R., Batista, F., & Maçaira, P. (2021). Economic Analysis of Offshore Wind Farms: a Brazilian Case Study. IEEE Latin America Transactions, 20(1), 32–40. Retrieved from https://latamt.ieeer9.org/index.php/transactions/article/view/4966

Issue

Vol. 20 No. 1 (2022): Ordinary Issue

Section

Articles