2026-09-19T16:02:20Zhttps://dspace.mit.edu/server/oai/requestoai:dspace.mit.edu:1721.1/1224302022-01-13T07:55:19Zcom_1721.1_7582com_1721.1_7581col_1721.1_131023
Francis O'Sullivan.
Sabir, Omar O.
Massachusetts Institute of Technology. Engineering and Management Program.
System Design and Management Program.
Massachusetts Institute of Technology. Engineering and Management Program
2019-10-04T21:34:11Z
2019-10-04T21:34:11Z
2019
2019
https://hdl.handle.net/1721.1/122430
1120720932
Thesis: S.M. in Engineering and Management, Massachusetts Institute of Technology, System Design and Management Program, 2019
Cataloged from PDF version of thesis.
Includes bibliographical references (pages 66-69).
Solar PV penetration has been increasing rapidly in the U.S. in recent years. This growth can be attributed to multiple factors; one of which is financial incentives in the form of tax credit programs. One of the most effective tax credit programs in the U.S. is a federal tax program known as the Investment Tax Credit (ITC). The ITC program has been extended in recent years, and is currently set to expire in the early 2020s. This work conducts scenario analysis to evaluate the effects extending the ITC will have on the Levelized Cost of Energy (LCOE) as opposed to allowing it to expire as it is currently set to. Particular attention is paid to the effects on LCOE as this helps evaluate whether solar PV will stay economically competitive compared to other sources of electricity and thus provides some guidance on the role of the ITC in accelerating the adoption of solar PV.
by Omar O. Sabir.
S.M. in Engineering and Management
S.M.inEngineeringandManagement Massachusetts Institute of Technology, System Design and Management Program
69 pages
eng
Massachusetts Institute of Technology
MIT theses are protected by copyright. They may be viewed, downloaded, or printed from this source but further reproduction or distribution in any format is prohibited without written permission.
http://dspace.mit.edu/handle/1721.1/7582
Engineering and Management Program.
System Design and Management Program.
Distributed power generation and energy storage : potential effects of extending tax incentives
Thesis
application/pdf
2019-10-04T21:34:10Z
Publication
Master
SysDes
unknown
unknown
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<Abstract>Solar PV penetration has been increasing rapidly in the U.S. in recent years. This growth can be attributed to multiple factors; one of which is financial incentives in the form of tax credit programs. One of the most effective tax credit programs in the U.S. is a federal tax program known as the Investment Tax Credit (ITC). The ITC program has been extended in recent years, and is currently set to expire in the early 2020s. This work conducts scenario analysis to evaluate the effects extending the ITC will have on the Levelized Cost of Energy (LCOE) as opposed to allowing it to expire as it is currently set to. Particular attention is paid to the effects on LCOE as this helps evaluate whether solar PV will stay economically competitive compared to other sources of electricity and thus provides some guidance on the role of the ITC in accelerating the adoption of solar PV.</Abstract>
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