التفاصيل البيبلوغرافية
| العنوان: |
Cost-Benefit Analysis for the Concentrated Solar Power in China. |
| المؤلفون: |
Yang, Shuxia, Zhu, Xianguo, Guo, Weishang |
| المصدر: |
Journal of Electrical & Computer Engineering; 5/14/2018, p1-11, 11p |
| مصطلحات موضوعية: |
SOLAR energy, COST effectiveness, NET present value, INTERNAL rate of return, PROFITABILITY |
| مصطلحات جغرافية: |
CHINA |
| مستخلص: |
In 2016, the first batch of concentrated solar power (CSP) demonstration projects of China was formally approved. Due to the important impact of the cost-benefit on the investment decisions and policy-making, this paper adopted the static payback period (SP), net present value (NPV), net present value rate (NPVR), and internal rate of return (IRR) to analyze and discuss the cost-benefit of CSP demonstration plants. The results showed the following. (1) The SP of CSP systems is relatively longer, due to high initial investment; but the cost-benefit of CSP demonstration plants as a whole is better, because of good expected incomes. (2) Vast majority of CSP projects could gain excess returns, on the basis of meeting the profitability required by the benchmark yield of 10%. (3) The cost-benefit of solar tower CSP technology (IRR of 12.33%) is better than that of parabolic trough CSP technology (IRR of 11.72%) and linear Fresnel CSP technology (IRR of 11.43%). (4) The annual electricity production and initial costs have significant impacts on the cost-benefit of CSP systems; the effects of operation and maintenance costs and loan interest rate on the cost-benefit of CSP systems are relatively smaller but cannot be ignored. [ABSTRACT FROM AUTHOR] |
|
Copyright of Journal of Electrical & Computer Engineering is the property of Hindawi Limited and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) |
| قاعدة البيانات: |
Complementary Index |
Full Text Finder