Environmental, technical and financial feasibility study of solar power plants by RETScreen, according to the targeting of energy subsidies in Iran

In this study, based on new electricity tariffs, three scenarios have been developed with The RETScreen International Photovoltaic Project Model, according to the targeting of energy subsidies in Iran. We have also dedicated one of our scenarios to the reduction of greenhouse gasses.In the first case the electricity price was set to 3.75 Cents/kWh (450 Rial/kWh) and no credit was assigned to the reduction of greenhouse gasses (GHG), therefore equity payback (Return positive cash flow) has been 12.1 year. In the second case the electricity price was set to 17.5 Cents/kWh, therefore equity payback (return positive cash flow) was 8 year. Finally in the last scenario by considering a credit to the reduction of greenhouse gasses and electricity price being 175 Cents/kWh and applying solar panels with high efficiency and suitable batteries (DOD = 60%), equity payback (return positive cash flow) reached within 6 years.