Factors Influencing Commercial Acceptance of Solar PV Technology
Ali, Syed Waqas (2020)
2020
Sähkötekniikan DI-ohjelma - Master's Programme in Electrical Engineering
Informaatioteknologian ja viestinnän tiedekunta - Faculty of Information Technology and Communication Sciences
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Hyväksymispäivämäärä
2020-11-25
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:tuni-202011248195
https://urn.fi/URN:NBN:fi:tuni-202011248195
Tiivistelmä
Renewable energy technologies offer a sustainable solution towards the rising demand for electricity by the human population. In recent decades, environmental issues associated with hydrocarbon-based electricity production have been seriously considered by major countries leading to an acceptive trend towards renewable energy. Increased efficiency of these technologies namely solar and wind along with competitive levelized cost of energy (LCOE) have made these feasible choices for commercialization in several countries.
This thesis gives the reader an overall picture of how much renewable energy is accepted currently before isolating into the Solar PV technology, how its penetration has widened over the years and what specific factors are leading to its positive growth.
Results will focus specifically on explaining the factors that have had the greatest influence on commercial acceptance of Solar PV, narrowing these into the cost, technology and policy categories. In addition, it will be studied how upcoming scientific advancements will lead to further lowering of cost and thus, result in long-term benefits. Battery technology will also be discussed as well as its role in furthering the commercialization of Solar PV Energy Infrastructure.
This thesis gives the reader an overall picture of how much renewable energy is accepted currently before isolating into the Solar PV technology, how its penetration has widened over the years and what specific factors are leading to its positive growth.
Results will focus specifically on explaining the factors that have had the greatest influence on commercial acceptance of Solar PV, narrowing these into the cost, technology and policy categories. In addition, it will be studied how upcoming scientific advancements will lead to further lowering of cost and thus, result in long-term benefits. Battery technology will also be discussed as well as its role in furthering the commercialization of Solar PV Energy Infrastructure.