Evaluation of wind and solar energy investments in Texas
Byungik Chang and
Ken Starcher
Renewable Energy, 2019, vol. 132, issue C, 1348-1359
Abstract:
The primary objective of the project is to evaluate the benefits of wind and solar energy and determine economical investment sites for wind and solar energy in Texas with economic parameters including payback periods. A 50 kW wind turbine system and a 42 kW PV system were used to collect field data. Data analysis enabled yearly energy production and payback period of the two systems.
Keywords: Renewable energy; Wind energy; Solar photovoltaic (PV) energy; Feasibility study; Payback period (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (17)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:132:y:2019:i:c:p:1348-1359
DOI: 10.1016/j.renene.2018.09.037
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