Solarnomics

<p>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.</p><p><em>Solarnomics</em> 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. </p><p><em>Solarnomics</em> 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.</p>