Solar photovoltaic systems: the economics of a renewable energy resource

@article{Lesourd2001SolarPS,
  title={Solar photovoltaic systems: the economics of a renewable energy resource},
  author={Jean-Baptiste Lesourd},
  journal={Environmental Modelling and Software},
  year={2001},
  volume={16},
  pages={147-156}
}
This paper analyses some emerging aspects of the economics of grid-connected photovoltaic systems. While the 1997 cost of photovoltaic systems is estimated as 5.5 US$/Wp, a 1997 cost estimate for photovoltaic grid-connected electricity is (deflated terms) 0.25 or (nominal terms) 0.29 US$/kWh, for US sunbelt conditions, prevailing US capital market conditions, and an economic lifetime of 20 years. This compares to about 0.10 US$/kWh for conventional electricity production. Other estimates for… CONTINUE READING

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