Abstract
The article presents a universal algorithm for evaluating the efficiency of innovative-investment projects in the field of renewable energy. A comparative analysis of methods for assessment the efficiency of implementation and development of renewable energy sources described in the research studies of the Russian and foreign authors is performed. The features and main indicators of such projects are noted. The most suitable methodology in terms of feasibility of involving renewable energy sources in a particular company, was identified for Russian realities.
Highlights
The analysis of the Russian and international literature has shown that today there are no integrated and welldefined algorithms of assessment of innovativeinvestment projects in the field of implementation and development of renewable energy sources (RES) [1,2,3,4,5,6,7,8,9,10,11]
There is no indicated way for Russian companies that have decided to implement this type of projects to determine economic viability
The lack of a unified systematic approach for evaluating the efficiency of RES innovative-investment projects is a serious problem for the Russian enterprises
Summary
The analysis of the Russian and international literature has shown that today there are no integrated and welldefined algorithms of assessment of innovativeinvestment projects in the field of implementation and development of renewable energy sources (RES) [1,2,3,4,5,6,7,8,9,10,11]. Today there is no such a document that would regulate a single algorithm for the development of a feasibility study of innovative-investment projects for the implementation and/or development of renewable energy sources (regardless of the chosen methodology for assessing efficiency). In this work the authors attempted to draw up a universal algorithm for assessing the economic efficiency of innovative-investment projects, highlighting in a separate block a feasibility study for the implementation of renewable energy projects. In the generally accepted two-stage algorithm in Russia, we have introduced the “Technical Assessment” block, which allows us to fully evaluate the project on the use of alternative energy sources Particular attention in this algorithm should be given to the Feasibility Study block, since the choice of equipment and, the efficiency of the entire project depend on correctly calculated technical and environmental climatic characteristics. The techniques offered by them in most cases are based on the well-known "cost-benefit analysis" (CBA) (the analysis of expenses and benefits) which includes a set
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