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Estimation of simple, energy and carbon payback periods of a 1 MWp ground-mounted solar PV plant at tirupati airport: A case study
S. Mohan Krishna, S. Mahapatra, S. Raj,
Published in Springer
2020
Volume: 630
   
Pages: 439 - 450
Abstract
As India is slowly transiting from the fossil fuel to the renewable energy format for power generation, the concept of energy security, efficiency, usage of clean energy sources and less environmental degradation are the points of focus. The high capital cost involved in the setting up of a solar PV system makes it necessary to evaluate the feasibility based on the economic indices. The work proposed in this article is to evaluate the payback periods for a solar ground-mounted photovoltaic (PV) system installed in the Tirupati Airport (Airports Authority of India) and reflect on the economic feasibility for the same. The results obtained indicate that the investment is feasible, both technologically and economically. The payback periods and the carbon emissions are reduced drastically and making it a clean energy technology. © Springer Nature Singapore Pte Ltd 2020.
About the journal
JournalData powered by TypesetLecture Notes in Electrical Engineering
PublisherData powered by TypesetSpringer
ISSN18761100