| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 11029736 | Journal of Energy Storage | 2018 | 15 Pages |
Abstract
A true payback period (PBP) analysis is presented, where the project lifetime is chosen to be 30 years. The PBP analysis shows it takes up to 4 years and 2 years for the investor to generate profit from the standard PV system and the optimal switching control model, respectively. However, when looking at both systems over their predicted lifetime, the optimal switching control strategy generates a higher profit of 92.41%.
Related Topics
Physical Sciences and Engineering
Energy
Energy (General)
Authors
J. Siecker, K. Kusakana, B.P. Numbi,