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The need of subsidy for the implementation of photovoltaic solar energy as supporting of decentralized electrical power generation in Brazil

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  • Silveira, Jose Luz
  • Tuna, Celso Eduardo
  • Lamas, Wendell de Queiroz

Abstract

The growing demand for electrical power and the limited capital invested to provide this power is forcing countries like Brazil to search for new alternatives for electrical power generation. The purpose of this paper is to present a technical and economic study on a 15kW solar plant installed in an isolated community, highlighting the importance of the need for financial subsidy from the government. It evaluates the importance of parameters such as the annual interest rate, specific investment, the marginal cost of expanding the electrical power supply and the government subsidy on amortization time of capital invested.

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  • Silveira, Jose Luz & Tuna, Celso Eduardo & Lamas, Wendell de Queiroz, 2013. "The need of subsidy for the implementation of photovoltaic solar energy as supporting of decentralized electrical power generation in Brazil," Renewable and Sustainable Energy Reviews, Elsevier, vol. 20(C), pages 133-141.
    • Handle: RePEc:eee:rensus:v:20:y:2013:i:c:p:133-141
    DOI: 10.1016/j.rser.2012.11.054
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    11. Corrêa da Silva, Rodrigo & de Marchi Neto, Ismael & Silva Seifert, Stephan, 2016. "Electricity supply security and the future role of renewable energy sources in Brazil," Renewable and Sustainable Energy Reviews, Elsevier, vol. 59(C), pages 328-341.
    12. Yuan, Chaoqing & Liu, Sifeng & Yang, Yingjie & Chen, Ding & Fang, Zhigeng & Shui, Lulu, 2014. "An analysis on investment policy effect of China’s photovoltaic industry based on feedback model," Applied Energy, Elsevier, vol. 135(C), pages 423-428.
    13. Sampaio, Priscila Gonçalves Vasconcelos & González, Mario Orestes Aguirre, 2017. "Photovoltaic solar energy: Conceptual framework," Renewable and Sustainable Energy Reviews, Elsevier, vol. 74(C), pages 590-601.
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    16. Sun, Xiaohua & Liu, Xiaoling & Wang, Yun & Yuan, Fang, 2019. "The effects of public subsidies on emerging industry: An agent-based model of the electric vehicle industry," Technological Forecasting and Social Change, Elsevier, vol. 140(C), pages 281-295.

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