Theoretical efficiency and asymptotic cost of grid-connected photovoltaic systems
Yan Zhu Yang, Eric D Williams
Abstract
Yan Zhu Yang, Eric D Williams
Abstract
Photovoltaics (PV) are regarded as a clean source energy technology and their use has expanded dramatically in recent years for both commercial and residential sectors. Learning curve studies show that PV modules have experienced very rapid reductions in commercial prices.This paper proposes to develop a new method to estimate lower bounds on asymptotic cost of PV system, which may lead to a more appropriate expression of unit cost and adoption.
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Photovoltaics (PV) are regarded as a clean source energy technology and their use has expanded dramatically in recent years for both commercial and residential sectors. Learning curve studies show that PV modules have experienced very rapid reductions in commercial prices.This paper proposes to develop a new method to estimate lower bounds on asymptotic cost of PV system, which may lead to a more appropriate expression of unit cost and adoption.
Key concepts: Photovoltaics, Photovoltaic system, Grid, Unit (ring theory), Unit cost, Computer science, Environmental economics, Mathematical optimization