Multiple Criteria Decision Making (MCDM) Based Economic Analysis of Solar PV System with Respect to Performance Investigation for Indian Market

• Published in: Sustainability Vol. 9; no. 5; p. 820
• Main Authors: K., Padmanathan, Govindarajan, Uma, K. Ramachandaramurthy, Vigna, T., Sudar Oli Selvi
• Format: Journal Article
• Language: English
• Published: Basel MDPI AG 17.05.2017
• Subjects: Decision making; economic analysis; electricity; electricity generation; Energy industry; investment planning; life cycle costing; markets; multi-criteria decision making; Photovoltaic cells; solar collectors; solar energy; Sustainability

Energy market is subject to changing energy demands on a daily basis. The increasing demand for energy necessitates the use of renewable sources and promotes decentralized generation. Specifically, solar PV is preferred in the energy market to meet the increasing energy demand. New approaches are pr...