Publication details

• Thursday | 19 Aug, 2004
• Waqasullah Khan Shinwari, A. H. Nayyar, Fahd Ali
• Working Papers
• 27

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Abstract Solar photovoltaic systems are prohibitively expensive in terms of installation costs. Power from them is also available intermittently - only when energy from the sun is available. On the other hand PV systems are free of the ever-rising costs of input fuel. They also incur much less operation and maintenance costs and are supposed to have a longer lifetime than, for example, a fossil fuel power plant. Thus using solar-PV power looks uneconomical in the short term, but may turn out profitable in the long term. It is therefore interesting to identify the factors that can make investment in solar PV power generation acceptable.