My paper A Financial Worksheet for Computing the Cost (US¢/kWh) of Solar Electricity Generated at Grid Connected Photovoltaic (PV) Generating Plants was published in the Journal of Solar Energy Engineering (JSEE) August, 2002, Vol. 124, Page 319.
This paper was one of the top 10 papers downloaded from the JSEE in the following months: November, 2006; December, 2007; February, 2008; October, 2008.
This paper discusses the technical, financial, and economic principles underlying the levelized cost method of computing the cost of solar electricity. Topics include the levelized cost method, solar radiation, solar panel efficiency, depreciation, cost of capital, fixed and variable operating and maintenance costs, and taxes. The paper includes the worksheet, ‘‘Levelized Cost Worksheet for a 1 kW Solar Electric Generating Plant.’’ Its benchmark values are for a model solar plant located in Chicago, IL. The paper discusses these benchmark values as it analyzes the worksheet’s constants (capacity-1 kW, 8,760 hr/yr), independent variables (capital cost-$/kW, cost of capital-%, physical life-yr, standard sun hours, fixed and variable O & M expense), and dependent variables (capital amortization expense, capacity factor, cost of solar electricity).
Metra Electric's Stoney Island Grade Crossing Solar PV Panels, February, 1998. Chicago, IL USA
Source: Metra Electric Engineering Department
This is the image on my Google Scholar Homepage.
I am teaching Microeconomics.
M1 represents the money supply; Y represents GDP.
According to Google Scholar, since it was first published in 2002, my JSEE article has been cited nine times. http://goo.gl/bnD6Ek
You can download a copy of my paper (US$25) from the JSEE website. To find my paper do an advanced search by author at https://tinyurl.com/mnb2n86
My other JSEE paper is The Carbon Content of Hydrogen Vehicle Fuel. GO TO: https://goo.gl/rnzJ7Y
26 October 2016
REV: 20 December 2017