Financial or Socio-Economic Feasibility? Potential Assessment of Renewable Energy Investment in Algeria
Keywords:renewable energy, financial feasibility, socio-economic feasibility, sustainability
This study examines the objectives behind the Algerian government’s investment in renewable energy—whether the investment decision is for financial or socio-economic feasibility. The study applies the Net Present Value (NPV) method to provide an answer. The findings show that socio-economic feasibility, rather than financial feasibility, is sought from the investment in renewable energy. The latter remains an inappropriate criterion for assessing a project’s success or failure. The findings are helpful for future studies to build on and will likely attract the attention of policymakers in Algeria.
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Copyright (c) 2022 Slimane Sefiane, Mahi Nour El Hoda, Henni Ahmed
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