Technical and business economic study of photovoltaic systems
DOI:
https://doi.org/10.24084/repqj08.378Abstract
Renewable energy becomes more and more
important in our power supply. The aim of this study is to
perform a business economic evaluation of an investment in
photovoltaic (PV) energy. Different cases of PV projects have
been analyzed. In order to have a correct evaluation model,
both economic parameters and technical influences have to be
taken into account. This paper gives an overview and a
sensitivity analysis of the influencing parameters, as well as an
analysis of a practical case. A calculation tool is developed to
allow private persons and companies to determine the
feasibility of an investment in photovoltaic panels. It can be
concluded that not only economic parameters such as discount
rate but also technical parameters have a major impact on the
feasibility of an investment in photovoltaic energy.