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Open Access. Powered by Scholars. Published by Universities.®

Natural Resource Economics

Purdue University

Cost benefit

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Economic And Policy Analysis For Solar Pv Systems In Indiana, Jinho Jung Apr 2014

Economic And Policy Analysis For Solar Pv Systems In Indiana, Jinho Jung

Open Access Theses

In recent years, the energy market in the US and globally is expanding the production of renewable energy. With other energy sources, solar energy for electricity is also expanding in the US. Indiana is one of the states expanding solar energy with solar PV systems. However, the economics of solar PV systems in Indiana have not been analyzed and electricity customers in Indiana are not informed enough about the economics of solar PV systems. Therefore, we conduct benefit cost analysis with several uncertain input variables to determine the economics of adopting solar PV systems in Indiana based on policy instruments …