Profitability and Sustainability of Renewable Energies - with a Focus on Wind Power. : From a European perspective.
Emmrich, Julie (2015)
Emmrich, Julie
Arcada - Nylands svenska yrkeshögskola
2015
All rights reserved
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-201505056049
https://urn.fi/URN:NBN:fi:amk-201505056049
Tiivistelmä
Sustainable energy is growing worldwide but has been facing criticism. Therefore how humankind will create energy in the future is subject to much speculation. This thesis investigates the profitability and sustainability of chosen renewable energies in order to understand the advantages of sustainable energy with facts and numbers. Technical explanations are limited to their relevance to the financial analysis. The collected data is from European companies in the energy industry, as those countries are more likely to have
similar weather conditions, policies, political stability etc, which are factors that influence financial analyses. Two case studies are inspected (an onshore and an offshore wind farm) whereas additional data is used to backup the results and argumentation. The case studies are built up similarly: an analysis of the production/installation process versus the energy outcome and what the profitability and sustainability balance of each looks like. The results are then compared to non-renewable energies. In the end, we see that renewable
energies are worth investing in compared to non-renewable energies and have great potential to become more profitable and more sustainable if implemented right.
similar weather conditions, policies, political stability etc, which are factors that influence financial analyses. Two case studies are inspected (an onshore and an offshore wind farm) whereas additional data is used to backup the results and argumentation. The case studies are built up similarly: an analysis of the production/installation process versus the energy outcome and what the profitability and sustainability balance of each looks like. The results are then compared to non-renewable energies. In the end, we see that renewable
energies are worth investing in compared to non-renewable energies and have great potential to become more profitable and more sustainable if implemented right.