A decision support tool for feasibility assessment of hydro electrical power plant projects

Ercan, Noyan
The objective of this thesis is to develop a decision support tool to assess the feasibility of a hydro electrical power plant (HEPP) investment option by estimating its profitability under various scenarios. The decision support tool may help the decision makers to understand critical parameters that affect the internal rate of return (IRR) of a HEPP investment, create realistic scenarios by assigning different values to these parameters and monitor profitability under various scenarios. The information and the assumptions to construct the proposed decision support tool have been collected by conducting interviews with experts and its reliability has been tested by a real case study.