Is Medium Temperature Solar Thermal Process Steam Viable For Australia? Some Preliminary Results
A new solar boiler technology is shown to be financially viable (in mid-1986 SA prices) against LPG for private industry conditions in inland New South Wales. This conclusion could also hold against natural gas for the Sydney region in the near future. If continuous positive net cash flow is required by the business enterprise, then some form of loan strategy should be preferred to up-front purchase of the solar collector. The technology is also shown to be economically viable for public sector installations. Slightly longer time periods are required for positive net present values to be obtained than for industry, and in three of the four cases examined this was achieved before the end of the solar collector's first life cycle. For the fourth case, a positive net present value was obtained when the annual energy collected was taken as 2.6 rather than 2.0 GJ per M2. The higher figure is considered realistically representative of the more advanced version of the solar collector currently being develope d.
|Date of creation:||Nov 1988|
|Date of revision:|
|Contact details of provider:|| Postal: Sydney, NSW 2006|
Phone: 61 +2 9351 5055
Fax: 61 +2 9351 4341
Web page: http://sydney.edu.au/arts/economics
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:syd:wpaper:2123/7303. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Vanessa Holcombe)
If references are entirely missing, you can add them using this form.