Solarnomics: Setting Up And Managing A Profitable Solar Business
David Wright, 1032201452, 9781032201450, 1032201436, 9781032201436, 1003262430, 9781003262435, 1000557499, 9781000557497, 1000557448, 9781000557442, 978-1000557442, 978-1003262435, B09SHR11CR
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.