Engineering Commons^™

Evaluation Of Wind And Solar Energy Investments In Texas, Byungik Chang, Ken Starcher

Civil Engineering Faculty Publications

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.

The average payback period of a solar PV system was found to be within a range of 2-20 years because the large range of the payback period for PV systems were heavily influenced by incentives. …

Economic Appraisal Of Hybrid Solar-Biomass Thermophotovoltaic Power Generation, C. M. Iftekhar Hussain Cmih, Aidan Duffy, Brian Norton

Conference Papers

The techno-economic parameters that influence the commercial deployment of hybrid thermophotovoltaic (TPV) solar power generation are determined using annual system simulations. It has been found that a TPV cell price of E5/cm2 or less together with a TPV operating temperature under 800°C is required for a hybrid solar–biomass TPV power plant to be economically competitive with the state-of-the-art hybrid solar–biomass Rankine cycle power plants.