Article ID Journal Published Year Pages File Type
5482057 Renewable and Sustainable Energy Reviews 2017 6 Pages PDF
Abstract
The first two scenarios were evaluated with the same input parameters except for the electricity tariff (USD/kWh) for a complete switching from grid electricity to a solar PV system. The equity payback periods were found to be 14.1 and 8.2 years, respectively. The reduction in the equity payback period by doubling the electricity tariff is about 41%. Significant differences were not observed when the techno-economic data for the different cities were compared, most likely due to the similar climate of the cities. The resulting reduction in GHG emissions is about 70 tCO2. A third scenario with partial power switching was evaluated for Dhahran for comparison purposes. In this scenario, the power demand is met by both solar PV (27%) and grid electricity (73%). The equity payback period is significantly increased to 21.7, while the reduction in GHG emissions is a minimum at 23 tCO2.
Related Topics
Physical Sciences and Engineering Energy Renewable Energy, Sustainability and the Environment
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