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Physical Sciences and Mathematics Commons

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Sustainability

University of Nebraska - Lincoln

2010

Economics

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Full-Text Articles in Physical Sciences and Mathematics

The Economic Feasibility Of Solar Panels For The University Of Nebraska- Lincoln, Chris Schwarz Apr 2010

The Economic Feasibility Of Solar Panels For The University Of Nebraska- Lincoln, Chris Schwarz

Department of Environmental Studies: Undergraduate Student Theses

Abstract

The world runs on the electricity provided by gas, oil, and coal. These sources, while cheap, have some major drawbacks associated with them; they are polluting when burned, extraction damages the environment, and the resource reservoirs are limited. With this understanding, the world is turning to renewable energy sources as a means to alleviate its growing energy requirements. But there are problems associated with renewable energy sources preventing them from becoming major sources of electricity generation. These problems are usually monetary in nature.

The cost effectiveness of photovoltaic panels for use by the University of Nebraska-Lincoln as a means …