Model evaluation of the economic viability of co-generation power the sugar-alcohol sector using sugarcane bagasse methodology by the aplication of system dynamics

Abstract

This article objective to analyze the economic feasibility of co-generation power plant in a sugar-alcohol sector in the use of bagasse in the sugar cane through the application of system dynamics methodology, tool geared to help the decision-making. The analysis used secondary data obtained from the study of Esperancini & Nagaoka (2006), which addressed the feasibility of co-generation from another point of view. It is concluded that considering the size and characteristics of the investment becomes more attractive economically make the investment using the resources of others. This is because the minimum price to receive energy to provide the investment feasibility may not be less than R$ 54,63 MW, using a combination of 20% of own resources and 80% of resources funded.