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Techno-economic feasibility analysis of solar thermal systems

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Author: Sanjay Kumar; Tiwari, G N; Sinha, S

Advisor: Advisor

Date: 1993

Publisher:
Citation: Energy Con

Series/Report no.:
Item Type: Article

Keywords: solar; economic; feasibility

Abstract: This communication introduces the basic concepts for techno-economic feasibility assessment of various solar thermal systems in a dynamic and market oriented economic environment. An analytical expression for calculating the payback period is derived by assuming a non-linear increase in maintenance cost and incorporating subsidy and salvage values. Further, a method is evolved to ascertain the lifetime of the system for an optimal return on investment mode, incorporating capital inflation during the lifetime and a non-linear increase in maintenance cost. The results for the payback period have been used, along with the lifetime, to optimize the cost of the system.
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Shankar B. Chavan
Computer Applications Division
Central Library, IIT Delhi
shankar.chavan@library.iitd.ac.in
NDLTD
Shodhganga
NDL
ePrints@IISc
etd@IISc
IR@IIT Bombay
NewsClips @IITD
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