Feasibility of renewable sources of electricity-photovoltaics

• Main Author: Tan, Yaonan.
• Other Authors: Govinda Bol Shrestha
• Format: Final Year Project
• Language: English
• Published: 2011
• Subjects: DRNTU::Engineering::Electrical and electronic engineering::Electric Power
• Online Access: http://hdl.handle.net/10356/45702
• Institution: Nanyang Technological University

Adequate consideration of the financial, economic and operational feasibility is the key to success of renewable energy sources. All costs and benefits should be considered to ascertain whether a project is to be both financially viable and economically sustainable over time. The objective of this project is to do an economic and financial feasibility study of Photovoltaic electricity generation. The end goal will be to identify the common schemes of photovoltaic electricity generation, and whether the present emphasis on the development of photovoltaic energy is actually worth it or not by doing an expansive quantitative analysis that takes into consideration of the technical, economical, social and environmental aspects. An evaluation of photovoltaic in comparison to other energy resources will be performed.