A uniform economic valuation methodology for solar photovoltaic applications competing in a utility environment
Name
MIT-EL-78-010-10649535.pdf
Size
1.34 MB
Format
Adobe PDF
Checksum (MD5)
3d1a377dd965dc094867024c3691b257
Author(s)
Carpenter, Paul R.
Tabors, Richard D.
Date Issued
1978
Publisher
MIT Energy Laboratory
Series/Report no.
MIT-EL
78-010
Abstract
The question of how the economic benefits of weather-dependent electric generation technologies should be measured is addressed, with specific reference to dispersed, user-owned photovoltaic systems. The approach to photovoltaic R&D investment that has historically been practiced by the Federal Government is described in order to demonstrate the need for an economic value measure. Two methods presently in common
use, busbar energy costs and total systems costs, are presented and their strengths and weaknesses highlighted. A methodology is then presented which measures the "worth" of a system to a user and the implications of
this analysis for R&D investment are discussed. Finally, a simple simulation model of a photovoltaic residence is designed which
demonstrates the use of the suggested methodology.
Persistent DSpace Link
