Economic viability of stand-alone solar photovoltaic system in comparison with diesel-powered system for India

Mohanlal Kolhe; Sunita Kolhe; J. C. Joshi

doi:10.1016/S0140-9883(01)00095-0

Economic viability of stand-alone solar photovoltaic system in comparison with diesel-powered system for India

Mohanlal Kolhe, Sunita Kolhe, J. C. Joshi

Research output: Contribution to journal › Article › peer-review

172 Citations (Scopus)

Abstract

The economic viability of a stand-alone solar photovoltaic (PV) system with the most likely conventional alternative system, i.e. a diesel-powered system, has been analysed for energy demand through sensitivity analysis using a life-cycle cost computation. The sensitivity analysis allows estimation of the comparative viability of PV against a conventional alternative system based on particular country-specific parameters. The overall PV best and worst case viability, as compared to a conventional diesel-powered system, have been obtained from sensitivity analysis of the energy demand.

Original language	English
Pages (from-to)	155-165
Number of pages	11
Journal	Energy Economics
Volume	24
Issue number	2
DOIs	https://doi.org/10.1016/S0140-9883(01)00095-0
Publication status	Published - Mar 2002

Keywords

Alternative energy sources
Solar photovoltaic (PV)
Life-cycle cost (LCC)
Sensitivity analysis

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1016/S0140-9883(01)00095-0

Cite this

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abstract = "The economic viability of a stand-alone solar photovoltaic (PV) system with the most likely conventional alternative system, i.e. a diesel-powered system, has been analysed for energy demand through sensitivity analysis using a life-cycle cost computation. The sensitivity analysis allows estimation of the comparative viability of PV against a conventional alternative system based on particular country-specific parameters. The overall PV best and worst case viability, as compared to a conventional diesel-powered system, have been obtained from sensitivity analysis of the energy demand.",

keywords = "Alternative energy sources, Solar photovoltaic (PV), Life-cycle cost (LCC), Sensitivity analysis",

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AU - Kolhe, Mohanlal

AU - Kolhe, Sunita

AU - Joshi, J. C.

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AB - The economic viability of a stand-alone solar photovoltaic (PV) system with the most likely conventional alternative system, i.e. a diesel-powered system, has been analysed for energy demand through sensitivity analysis using a life-cycle cost computation. The sensitivity analysis allows estimation of the comparative viability of PV against a conventional alternative system based on particular country-specific parameters. The overall PV best and worst case viability, as compared to a conventional diesel-powered system, have been obtained from sensitivity analysis of the energy demand.

KW - Alternative energy sources

KW - Solar photovoltaic (PV)

KW - Life-cycle cost (LCC)

KW - Sensitivity analysis

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ER -

Economic viability of stand-alone solar photovoltaic system in comparison with diesel-powered system for India

Abstract

Keywords

UN SDGs

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