publication . Article . Other literature type . 1984

Financial Analysis of Solar Energy Applications with Endogenous System Sizing

Gunter, Lewell F.; Smathers, Webb M.; Gunter, Lewell F.; Smathers, Webb M.;
Open Access
  • Published: 01 Jan 1984 Journal: Journal of Agricultural and Applied Economics, volume 16, pages 21-30 (issn: 1074-0708, eissn: 2056-7405, Copyright policy)
  • Publisher: Cambridge University Press (CUP)
<jats:title>Abstract</jats:title><jats:p>This paper is concerned with analysis of economic feasibility of solar energy systems. Methodology for estimating energy output from different sized systems is briefly presented, and this is used to determine technical coefficients for a mixed integer model which optimizes the size of the solar heating unit for a particular use. An empirical example of hot water heating on a Georgia dairy is presented. Cost curves are provided for the dairy example to illustrate the effect of sizing on the economic feasibility of solar heating and to elucidate the structure of the optimal sizing decision.</jats:p>
free text keywords: Resource /Energy Economics and Policy,, Agricultural and Biological Sciences (miscellaneous), Economics and Econometrics, Water heating, Sizing, Financial analysis, Economic feasibility, Economics, Solar energy, business.industry, business, Cost curve, Microeconomics, Resource /Energy Economics and Policy
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