Abstract
![CDATA[Despite the undisputed benefits associated with photovoltaic (PV) technology, the financial barrier acts as the major hurdle before it is seen as a commercial competitive form of renewable energy. Many studies have been performed outlining the life cycle energy benefits of PV technology. However, there has been limited number of studies dedicated to the life cycle cost impacts. The aim of this paper is to identify whether life cycle cost analysis is the best approach to determining the cost contributors or savings associated with this technology. This paper has been structured similarly to previous life cycle energy studies to consider the cost implications involved within each area of the products lifecycle. Amongst many new developments, traditional silicon based units have been challenged by the introduction of new organic systems; and recent studies highlight that these systems offer major cost reductions. Based on an analysis of current literature, this paper identifies that the recent growth and development of both organic and silicon based systems have had a considerable effect on the cost of PV cells. The competitive nature of the renewable energy market will also impact on a life cycle cost analysis; and any potential findings will valid for a limited timeframe.]]
Original language | English |
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Title of host publication | Proceedings of the 9th International Conference on Construction and Real Estate Management (ICCREM 2011): Promoting Transformation of the Construction Industry, Guangzhou, China, 19 - 20 November 2011 |
Publisher | Architecture and Building Press |
Pages | 118-122 |
Number of pages | 5 |
ISBN (Print) | 9787112137015 |
Publication status | Published - 2011 |
Event | International Conference on Construction and Real Estate Management - Duration: 19 Nov 2011 → … |
Conference
Conference | International Conference on Construction and Real Estate Management |
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Period | 19/11/11 → … |