Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Estimate the solar PV system area and electrical energy storage required to power a company purely by sunlight. If a solar PV system with a

Estimate the solar PV system area and electrical energy storage required to power a company purely by sunlight. If a solar PV system with a capacity factor of 15% can be installed for $3/Watt, and the energy storage costs are $200/kW-hr, what would be the up-front installation cost of such a system? If it lasts for 20 years and performs to its ideal specifications year round (i.e. you don't have to consider losses due to bad weather, clouds, fog etc) and interests costs for money are zero so that the present value and future value of money is equal (really an ideal world!)), how much does the electrical energy cost per kW-hr? How does this compare against conventional electrical energy costs?

Step by Step Solution

3.48 Rating (155 Votes )

There are 3 Steps involved in it

Step: 1

Anweg Giuen Yadius Ylom hind Aped V15mlg rotational epeed ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Engineering Economy

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

15th edition

132554909, 978-0132554909

More Books

Students also viewed these Electrical Engineering questions

Question

Was the researcher critically reflexive?

Answered: 1 week ago

Question

____________ twins share the same DNA.

Answered: 1 week ago