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Penedo Ruivo wind farm (Serra do Marão) - cost-benefit analysis

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Castro Didier 2007.pdf9.44 MBAdobe PDF Ver/Abrir

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The aim of this project is to analyse whether the construction of Penedo Ruivo wind farm represents a good or bad investment, when all costs and benefits are taken into account. Although there are many controversies concerning the Cost-Benefit Analysis (CBA) approach, it may be an essential tool for reaching an efficient decision in many cases. In the specific case of Penedo Ruivo, CBA shows not only the overvaluation of the financial analysis of project but also that the wind farm has a social benefit.

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A Work Project, presented as part as the requirements for the Award of a Masters Degree in Economics from the Nova School in Business and Economics

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