Book contents
- Frontmatter
- Contents
- Preface
- About This Book
- Acknowledgments
- 1 Global Warming and Climate Change
- 2 Solar Power and Sustainable Energy Technologies and Their Impact on Global Economy
- 3 Overview of Solar Power System Technology
- 4 Solar Power System Economics
- 5 Long-Term Project Financing and Power Purchase Agreements
- 6 Solar Power Rebates, Financing, and Feed-In Tariffs Programs
- 7 Importance of Solar Power System Peak Power Performance and Solar Power System Hazard Mitigation
- 8 Solar Power System Econometric and Analytical Software Solution
- 9 Economics of Carbon Dioxide Sequestration and Carbon Trading
- 10 The Smart Grid Systems Deployment and Economics
- 11 Environmental Design Considerations
- 12 Energy Storage Systems
- Appendix A Unit Conversion and Design Reference Tables
- Appendix B Energy Systems
- Appendix C Glossary of Solar Energy Power Terms
- Appendix D California Solar Initiative – PV Incentives
- Index
8 - Solar Power System Econometric and Analytical Software Solution
Published online by Cambridge University Press: 05 November 2012
- Frontmatter
- Contents
- Preface
- About This Book
- Acknowledgments
- 1 Global Warming and Climate Change
- 2 Solar Power and Sustainable Energy Technologies and Their Impact on Global Economy
- 3 Overview of Solar Power System Technology
- 4 Solar Power System Economics
- 5 Long-Term Project Financing and Power Purchase Agreements
- 6 Solar Power Rebates, Financing, and Feed-In Tariffs Programs
- 7 Importance of Solar Power System Peak Power Performance and Solar Power System Hazard Mitigation
- 8 Solar Power System Econometric and Analytical Software Solution
- 9 Economics of Carbon Dioxide Sequestration and Carbon Trading
- 10 The Smart Grid Systems Deployment and Economics
- 11 Environmental Design Considerations
- 12 Energy Storage Systems
- Appendix A Unit Conversion and Design Reference Tables
- Appendix B Energy Systems
- Appendix C Glossary of Solar Energy Power Terms
- Appendix D California Solar Initiative – PV Incentives
- Index
Summary
Introduction
The following article is a summary description of analytical software that provides instantaneous solar power system integration cost calculation and financial econometrics for large-scale grid connected solar power systems.
The program is intended to provide private owners as well as financial entities that are involved in solar power system construction funding lease purchase agreements or Power Purchase Agreements.
The main objective of the software program is to provide a software tool that allows users to insert numerous variables associated with labor, material, engineering design, solar power performance characteristics, energy cost escalation algorithms, and other factors required to perform detailed financial calculations.
Econometric Analytic Software System
A significant feature of the Solar Power Econometric Analysis is that the costing analytical methodology, unlike conventional accounting methodology used for capital equipment depreciation and return on investment, deploys specific computational algorithms that conform to real life solar power system integration costing, photovoltaic system performance characteristic parameters under various climatic conditions, solar platform venues, PV system intrinsic degradation, and much more.
- Type
- Chapter
- Information
- Large-Scale Solar Power SystemsConstruction and Economics, pp. 148 - 184Publisher: Cambridge University PressPrint publication year: 2012