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Profitability and sustainability of photovoltaic energy plants in Spain

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Profitability and sustainability of photovoltaic energy plants in Spain

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dc.contributor.author Guaita Pradas, Inmaculada es_ES
dc.contributor.author Bartual Sanfeliu, Concepción es_ES
dc.contributor.author Marí Soucase, Bernabé es_ES
dc.date.accessioned 2016-05-23T14:20:53Z
dc.date.issued 2015
dc.identifier.issn 1756-5804
dc.identifier.uri http://hdl.handle.net/10251/64621
dc.description Copyright © 2015 Inderscience Enterprises Ltd. es_ES
dc.description.abstract [EN] This paper reports on capital budgeting analysis to assess investments in renewable energy photovoltaic systems in Spain. Standard profitability indicators such as net present value, payback time and internal rate of return are applied to such investments. Two main issues have been taken into account: the changes taking place in the recent history of energy policies in Spain as well as the evolution of related technologies. Despite variation in incentive policies, we show how both technology and market have been able to overcome the lack of long-term policies, and even nowadays, photovoltaic energy systems can still be regarded as a profitable investment from an economic viewpoint, even in absence of any kind of incentive. es_ES
dc.description.sponsorship This work was supported by the European Commission through a Nano CIS Project (FP7-PEOPLE-2010-IRSES ref. 269279).
dc.language Inglés es_ES
dc.publisher Inderscience es_ES
dc.relation.ispartof International Journal of Sustainable Economy es_ES
dc.rights Reserva de todos los derechos es_ES
dc.subject Capital budgeting es_ES
dc.subject Solar energy investments es_ES
dc.subject Net present value es_ES
dc.subject NPV es_ES
dc.subject Payback es_ES
dc.subject Internal rate of return es_ES
dc.subject IRR es_ES
dc.subject Profitability es_ES
dc.subject.classification ECONOMIA, SOCIOLOGIA Y POLITICA AGRARIA es_ES
dc.subject.classification ECONOMIA FINANCIERA Y CONTABILIDAD es_ES
dc.subject.classification FISICA APLICADA es_ES
dc.title Profitability and sustainability of photovoltaic energy plants in Spain es_ES
dc.type Artículo es_ES
dc.embargo.lift 10000-01-01
dc.embargo.terms forever es_ES
dc.identifier.doi 10.1504/IJSE.2015.071141
dc.relation.projectID info:eu-repo/grantAgreement/EC/FP7/269279 es_ES
dc.rights.accessRights Cerrado es_ES
dc.contributor.affiliation Universitat Politècnica de València. Departamento de Economía y Ciencias Sociales - Departament d'Economia i Ciències Socials es_ES
dc.contributor.affiliation Universitat Politècnica de València. Departamento de Física Aplicada - Departament de Física Aplicada es_ES
dc.description.bibliographicCitation Guaita Pradas, I.; Bartual Sanfeliu, C.; Marí Soucase, B. (2015). Profitability and sustainability of photovoltaic energy plants in Spain. International Journal of Sustainable Economy. 7(3):169-186. https://doi.org/10.1504/IJSE.2015.071141 es_ES
dc.description.accrualMethod S es_ES
dc.relation.publisherversion http://dx.doi.org/10.1504/IJSE.2015.071141 es_ES
dc.description.upvformatpinicio 169 es_ES
dc.description.upvformatpfin 186 es_ES
dc.type.version info:eu-repo/semantics/publishedVersion es_ES
dc.description.volume 7 es_ES
dc.description.issue 3 es_ES
dc.relation.senia 285824 es_ES
dc.identifier.eissn 1756-5812
dc.contributor.funder European Commission


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