Technical Parameters Used in PV Financial Models: Review and Analysis

• When photovoltaic (PV) projects are developed and constructed for investment purposes, financing from professional investors and banks are required, and financial models are developed that describe the expected cash-flow generated by the PV plant over the economic lifetime of the project. The calculation is based on models that require both technical and financial inputs. In this paper we will review and analyse the technical assumptions in these models and discuss how the technical assumptions are typically used and to what extent the uncertainty related to the input parameters are appropriately addressed. Finally, a calculation and visualisation method is presented that highlights the nature and effect of this uncertainty.

Subject headings

TEKNIK OCH TEKNOLOGIER  -- Maskinteknik -- Energiteknik (hsv//swe)

ENGINEERING AND TECHNOLOGY  -- Mechanical Engineering -- Energy Engineering (hsv//eng)

Keyword

Photovoltaics

PV Financial Models

Risk assessment

Uncertainty

Solceller

finansiella modeller

riskbedömning

osäkerhet

Energy- and Environmental Engineering

energi- och miljöteknik

Publication and Content Type

ref (subject category)

kon (subject category)