Economic assessment of large scale solar photovoltaic projects in the UAE

Asad Hussain; Toufic Mezher; Steve Griffiths

doi:10.1109/ITMC.2013.7352665

Economic assessment of large scale solar photovoltaic projects in the UAE

Asad Hussain
, Toufic Mezher
, Steve Griffiths

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

2 Scopus citations

Abstract

As the United Arab Emirates is diversifying its energy sources, it is increasingly looking towards solar photovoltaic technology as a viable option. A key factor in promoting this option is the capability to forecast financial viability of solar projects. This paper uses stochastic analysis instead of deterministic analysis and applies it on potential UAE solar power projects to obtain a wider understanding of the variability associated with financial performance, based on the variability and uncertainty in independent input variables.

Original language	British English
Title of host publication	2013 International Conference on Engineering, Technology and Innovation, ICE 2013 and IEEE International Technology Management Conference, ITMC 2013
Publisher	Institute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)	9781467373838
DOIs	https://doi.org/10.1109/ITMC.2013.7352665
State	Published - 10 Dec 2015
Event	19th International Conference on Engineering, Technology and Innovation, ICE 2013 and IEEE International Technology Management Conference, ITMC 2013 - The Hague, Netherlands Duration: 24 Jun 2013 → 26 Jun 2013

Publication series

Name	2013 International Conference on Engineering, Technology and Innovation, ICE 2013 and IEEE International Technology Management Conference, ITMC 2013

Conference

Conference	19th International Conference on Engineering, Technology and Innovation, ICE 2013 and IEEE International Technology Management Conference, ITMC 2013
Country/Territory	Netherlands
City	The Hague
Period	24/06/13 → 26/06/13

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 7 Affordable and Clean Energy

Keywords

Levelized Cost
Monte-Carlo Simulations
Stochastic Analysis

Access to Document

10.1109/ITMC.2013.7352665

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Hussain, A., Mezher, T., & Griffiths, S. (2015). Economic assessment of large scale solar photovoltaic projects in the UAE. In 2013 International Conference on Engineering, Technology and Innovation, ICE 2013 and IEEE International Technology Management Conference, ITMC 2013 Article 7352665 (2013 International Conference on Engineering, Technology and Innovation, ICE 2013 and IEEE International Technology Management Conference, ITMC 2013). Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/ITMC.2013.7352665

Hussain, Asad ; Mezher, Toufic ; Griffiths, Steve. / Economic assessment of large scale solar photovoltaic projects in the UAE. 2013 International Conference on Engineering, Technology and Innovation, ICE 2013 and IEEE International Technology Management Conference, ITMC 2013. Institute of Electrical and Electronics Engineers Inc., 2015. (2013 International Conference on Engineering, Technology and Innovation, ICE 2013 and IEEE International Technology Management Conference, ITMC 2013).

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abstract = "As the United Arab Emirates is diversifying its energy sources, it is increasingly looking towards solar photovoltaic technology as a viable option. A key factor in promoting this option is the capability to forecast financial viability of solar projects. This paper uses stochastic analysis instead of deterministic analysis and applies it on potential UAE solar power projects to obtain a wider understanding of the variability associated with financial performance, based on the variability and uncertainty in independent input variables.",

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author = "Asad Hussain and Toufic Mezher and Steve Griffiths",

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Hussain, A, Mezher, T & Griffiths, S 2015, Economic assessment of large scale solar photovoltaic projects in the UAE. in 2013 International Conference on Engineering, Technology and Innovation, ICE 2013 and IEEE International Technology Management Conference, ITMC 2013., 7352665, 2013 International Conference on Engineering, Technology and Innovation, ICE 2013 and IEEE International Technology Management Conference, ITMC 2013, Institute of Electrical and Electronics Engineers Inc., 19th International Conference on Engineering, Technology and Innovation, ICE 2013 and IEEE International Technology Management Conference, ITMC 2013, The Hague, Netherlands, 24/06/13. https://doi.org/10.1109/ITMC.2013.7352665

Economic assessment of large scale solar photovoltaic projects in the UAE. / Hussain, Asad; Mezher, Toufic; Griffiths, Steve.
2013 International Conference on Engineering, Technology and Innovation, ICE 2013 and IEEE International Technology Management Conference, ITMC 2013. Institute of Electrical and Electronics Engineers Inc., 2015. 7352665 (2013 International Conference on Engineering, Technology and Innovation, ICE 2013 and IEEE International Technology Management Conference, ITMC 2013).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

TY - GEN

T1 - Economic assessment of large scale solar photovoltaic projects in the UAE

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AU - Mezher, Toufic

AU - Griffiths, Steve

PY - 2015/12/10

Y1 - 2015/12/10

N2 - As the United Arab Emirates is diversifying its energy sources, it is increasingly looking towards solar photovoltaic technology as a viable option. A key factor in promoting this option is the capability to forecast financial viability of solar projects. This paper uses stochastic analysis instead of deterministic analysis and applies it on potential UAE solar power projects to obtain a wider understanding of the variability associated with financial performance, based on the variability and uncertainty in independent input variables.

AB - As the United Arab Emirates is diversifying its energy sources, it is increasingly looking towards solar photovoltaic technology as a viable option. A key factor in promoting this option is the capability to forecast financial viability of solar projects. This paper uses stochastic analysis instead of deterministic analysis and applies it on potential UAE solar power projects to obtain a wider understanding of the variability associated with financial performance, based on the variability and uncertainty in independent input variables.

KW - Levelized Cost

KW - Monte-Carlo Simulations

KW - Stochastic Analysis

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M3 - Conference contribution

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T3 - 2013 International Conference on Engineering, Technology and Innovation, ICE 2013 and IEEE International Technology Management Conference, ITMC 2013

BT - 2013 International Conference on Engineering, Technology and Innovation, ICE 2013 and IEEE International Technology Management Conference, ITMC 2013

PB - Institute of Electrical and Electronics Engineers Inc.

T2 - 19th International Conference on Engineering, Technology and Innovation, ICE 2013 and IEEE International Technology Management Conference, ITMC 2013

Y2 - 24 June 2013 through 26 June 2013

ER -

Hussain A, Mezher T, Griffiths S. Economic assessment of large scale solar photovoltaic projects in the UAE. In 2013 International Conference on Engineering, Technology and Innovation, ICE 2013 and IEEE International Technology Management Conference, ITMC 2013. Institute of Electrical and Electronics Engineers Inc. 2015. 7352665. (2013 International Conference on Engineering, Technology and Innovation, ICE 2013 and IEEE International Technology Management Conference, ITMC 2013). doi: 10.1109/ITMC.2013.7352665

Economic assessment of large scale solar photovoltaic projects in the UAE

Abstract

Publication series

Conference

UN SDGs

Keywords

Access to Document

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