Civil 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 Feasibility Of Campus-Wide Photovoltaic Systems In New England, Jongsung Lee, Byungik Chang, Can B. Aktas, Ravi Gorthala

Civil Engineering Faculty Publications

Compared to the national average residential retail electricity price, Connecticut (CT) had the 4th 26 highest electricity price in the country with 19.23 cents/kWh in September 2015, nearly 50% 27 higher than the national average for price of electricity. This study aims to assess the economic 28 feasibility of the solar PV systems at the campus under realistic constraints, by analyzing actual 29 data from the solar array on campus. The project focused on the economic feasibility of solar PV 30 systems on campus with physical, spatial, and practical constraints that result in a project to 31 deviate from theoretical …