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Techno-economic study for the creation of a “green sign” Pre-industrial period theme park

Dagres Dimitrios

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URI: http://purl.tuc.gr/dl/dias/A6161A25-EA9E-4C64-A2F0-C7B33ED1DF28
Year 2022
Type of Item Diploma Work
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Bibliographic Citation Dimitrios Dagres, "Techno-economic study for the creation of a “green sign” Pre-industrial period theme park", Diploma Work, School of Production Engineering and Management, Technical University of Crete, Chania, Greece, 2022 https://doi.org/10.26233/heallink.tuc.92274
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Summary

This senior thesis is related to the implementation of a realistic techno-economic study for the founding investment of an almost autonomous energy theme park. The park’s identification is the presentation of both the way of processing agricultural products during the Pre-industrial period, and the life of an ancestor of the investor’s family, who was distinguished worldwide in the field of wrestling. Initially, the necessary data for the Greek tourism market are presented, while at the same time the concept of alternative tourism is approached, as well as its forms, as they will be included in the business’ activities. Then, the situation of the existing Greek energy sector is presented and the position and the mode of operation of the tourist unit in green entrepreneurship are determined. The following is a detailed description of the theme park and more specifically the infrastructures, the budget, as well as its time planning, in order to formulate the first data for its final financial evaluation. Through this evaluation, the prospects and viabilities of the investment are checked and clarified using sensitivity analysis, by formulating three scenarios (optimistic, expected and pessimistic), as well as by a break-even point analysis, regarding the variability of provisions. This financial evaluation is completed with the application of the Internal Rate of Return method, during which the three probabilistic scenarios are compared. The basis of the economic variables and assumptions related to these scenarios is a specialized sampling research and data processing, which aim at the most realistic approach to the conditions of establishment, organization and operation of the tourist unit. Finally, the conclusions for the study project are presented, which in fact make it (except for the third scenario) acceptable and sustainable, while proving both the ability to meet market needs and its significant contribution to the modern development model of green energy.

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