Measuring cost and benefits of new technology: a framework for photovoltaic
- Technical Information Service Bangkok August 1991
- 6 p.
Existing benefit-cost evaluations of photovoltaic technology use inappropriate discount rates as well as accounting-based benefit measures which ignore some of the technology's important attributes. This paper outlines the application of finance theory to the evaluation of photovoltaics including estimation of benefits, risks and discount rates. The resulting kWh cost estimates for PV power are lower than previous analysis suggested.
General
ENERGY
ENERGY SOURCES
ALTERNATIVE TECHNOLOGY
BUDGETING
COST-BENEFIT ANALYSIS
DISCOUNT
00264-VV
Existing benefit-cost evaluations of photovoltaic technology use inappropriate discount rates as well as accounting-based benefit measures which ignore some of the technology's important attributes. This paper outlines the application of finance theory to the evaluation of photovoltaics including estimation of benefits, risks and discount rates. The resulting kWh cost estimates for PV power are lower than previous analysis suggested.
General
ENERGY
ENERGY SOURCES
ALTERNATIVE TECHNOLOGY
BUDGETING
COST-BENEFIT ANALYSIS
DISCOUNT
00264-VV