Stages and tasks of the technical and economic justification of the sps building

Authors

  • O. Moroz Kharkov National Technical University of Agriculture named after Petr Vasilenko , Харківський національний технічний університет сільського господарства
  • O. Miroshnyk Kharkov National Technical University of Agriculture named after Petr Vasilenko , Харківський національний технічний університет сільського господарства
  • A. Pavlov Kharkov National Technical University of Agriculture named after Petr Vasilenko , Харківський національний технічний університет сільського господарства
  • O. Ganys JSC Kharkivoblenergo , АТ Харківобленерго

DOI:

https://doi.org/10.31548/energiya2019.06.043

Abstract

Abstract. The Energy Strategy of Ukraine for the period up to 2030 has determined that the development of renewable energy sources is an important factor in increasing the level of energy security and reducing the anthropogenic impact of energy on the environment.

Designing a solar power plant (SES) requires the development of a feasibility study, which seeks to find the optimal financing model in the light of various financial risks.

The purpose of the study is to determine the main stages and tasks of the feasibility study for the construction of SES on the basis of laws and by-laws of Ukraine.

The main stages of realization of the project of construction of solar power station (SPS) are considered, the initial data for the feasibility study and financial modeling of the project are given, the influence of the rate of "green" tariffs and the current legislation of Ukraine on the business model of SPS, the ways of optimization of construction and start-up SPS, the factors that influence the technical and economic performance of the station.

The results of the feasibility study for the construction of the SES are the determination of the payback period, net total income, ROI - a financial ratio that illustrates the level of profitability or loss of the project, NPV - net discount income and IRR - internal rate of return.

The main assumptions in determining the financial and economic indicators of the SES project are the percentage of linear degradation of the FEM, the amortization period of the equipment, the terms of the project, the value of the green tariff for the start of operation of the plant and in 2030, the discount rates and the initial working capital.

Additional modeling is required to assess the risks of construction delays and potential impacts on the financial performance of the SES construction project.

Key words:  solar power plant, feasibility study, photoelectric modules, financial and economic indicators

References

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Published

2020-02-12

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