A design of experiments/response surface methodology approach to study the economic sustainability of a 1MWe photovoltaic plant

Ilaria Bendato, Lucia Cassettari, Marco Mosca and Roberto Mosca

Renewable and Sustainable Energy Reviews, 2015, vol. 51, issue C, 1664-1679

Abstract: To obtain a rigorous investment analysis for photovoltaic power generation plants, a dynamic Business Plan has been studied. It allows us to determine, in real time, the investment parameters (Net Present Value, Internal Rate of Return, Return on Investment, etc) starting from the technical, economical, financial and positional data. The Business Plan provides, as output, the exact values of the parameters (dependent variables or objective functions) basing on the exact values of the input variables (independent variables).

Keywords: Photovoltaic plant; Response Surface Methodology; Economic analysis; State incentives (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (4)

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DOI: 10.1016/j.rser.2015.07.074

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