IDEAS home Printed from https://ideas.repec.org/a/igg/jsds00/v3y2012i1p120-128.html
   My bibliography  Save this article

Estimating the Global Demand of Photovoltaic System

Author

Listed:
  • Yi-Fen Chen

    (Chung Yuan Christian University, Taiwan)

  • Bi-Chu Chen

    (Jinwen University of Science and Technology, Taiwan)

  • Chia-Wen Tsai

    (Ming Chuan University, Taiwan)

  • Wen-Yu Chen

    (Chinese Culture University, Taiwan)

  • Lee-Wei Wei

    (Chung Yuan Christian University, Taiwan)

Abstract

The purpose of this research is to predict the total market demand of photovoltaic (PV) system of the world. By using the Grey forecasting model, the results were precise and valid. Then, the sensitivity analysis was conducted to select the most appropriate horizontal adjusting factor (HAF) and to determine the growth type of PV industry. The result showed the HAF was 0.4, which indicated the growth speed is in a low speed but very close to normal speed. The average residual error was 10.5% from 1995 to 2007 compared to the actual value in the same period. Then, the forecasted value from 2008 to 2011 showed an increasing shape and would reach 8554.9 MW in 2011. This research found the growth type of PV industry of the world, offering meaningful information for firms to decide the strategy in the future. For government, the result could also help to implement adequate policies to support the development of PV industry in the future.

Suggested Citation

  • Yi-Fen Chen & Bi-Chu Chen & Chia-Wen Tsai & Wen-Yu Chen & Lee-Wei Wei, 2012. "Estimating the Global Demand of Photovoltaic System," International Journal of Strategic Decision Sciences (IJSDS), IGI Global, vol. 3(1), pages 120-128, January.
    • Handle: RePEc:igg:jsds00:v:3:y:2012:i:1:p:120-128
    as

    Download full text from publisher

    File URL: http://services.igi-global.com/resolvedoi/resolve.aspx?doi=10.4018/jsds.2012010105
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:igg:jsds00:v:3:y:2012:i:1:p:120-128. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Journal Editor (email available below). General contact details of provider: https://www.igi-global.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.