Abstract

The economic viability of a stand-alone solar photovoltaic (PV) system with the most likely conventional alternative system, i.e. a diesel-powered system, has been analysed for energy demand through sensitivity analysis using a life-cycle cost computation. The sensitivity analysis allows estimation of the comparative viability of PV against a conventional alternative system based on particular country-specific parameters. The overall PV best and worst case viability, as compared to a conventional diesel-powered system, have been obtained from sensitivity analysis of the energy demand.

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