Solar power has come of age. Not only has it become one of the key
alternatives to fossil fuels, it can now be deployed in a way that makes
a viable business with a financial profit. This book shows industry
professionals and students how to do just that.
Solarnomics describes the economics of building and operating a solar
power plant today and provides a window into a future in which several
technologies collaborate, and in which all participants in the
electricity grid become smarter at scheduling both the supply and demand
for electric power to give humanity a future that is sustainable, both
environmentally and economically. The book shows how to estimate costs
and revenues, how to tweak the design of a project to improve
profitability, how to calculate return on investment, how to assess and
deal with risk, how to raise capital, how to combine solar with
batteries to make a hybrid microgrid, and how to be prepared for future
developments in the evolving smart electricity grid.
Solarnomics will enable professionals in the solar industry to assess
the potential profitability of a proposed solar project, and it will
enable students to add an extra dimension to their understanding of
sustainability.