Volume : IV, Issue : V, May - 2015

Market status analysis for optimization of Solar power Plant: A Review

Dr Ashwini Mathur

Abstract :

 Solar energy has experienced phenomenal growth in recent years due to both Technological improvements resulting in cost reductions and government policies supportive of renewable energy development and utilization. This  study analyzes the technical, economic and policy aspects of solar energy development and deployment. While the cost of solar energy has  declined rapidly in the recent past, it still remains much higher than the cost of conventional energy technologies. Like other renewable energy  technologies, solar energy benefits from fiscal and regulatory incentives and mandates, including tax credits and exemptions , feed–in–tariff,  preferential interest rates ,renewable portfolio standards and voluntary green power programs in many countries. Despite huge technical  potential, development and large scale, market– driven deployment of solar energy technologies world– wide still has to overcome a number  of technical and financial barriers .Unless these barriers are overcome, maintaining and increasing electricity supplies from solar energy will  require continuation of potentially costly policy supports.

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Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

Dr Ashwini Mathur Market status analysis for optimization of Solar power Plant: A Review International Journal of Scientific Research, Vol : 4, Issue : 5 May 2015

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