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The economics of large-scale PV solar farms in 2019 in the National Electricity Market in Australia – A tool for developers planning to enter into the NEM
Thesis   Open access

The economics of large-scale PV solar farms in 2019 in the National Electricity Market in Australia – A tool for developers planning to enter into the NEM

Ubiratan Paraguassu
Masters by Coursework, Murdoch University
2019
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Whole Thesis Open Access

Abstract

Over the past century, oil and natural gas have been predominantly utilized as the main sources of energy in industries, households and in the transport sector. Ships, aeroplanes and automotive all rely on different variants of coal, oil and natural gas products to operate. However, in the past few decades, the volatility of oil prices, the increased regulatory pressure from environmental organizations to reduce greenhouse gas (GHG) emissions and the sharp cost reduction and increased efficiency experienced by the renewable energy (RE) industry, these combined factors have led to the exploration of alternative RE sources such as large scale wind and large scale solar. Damette and Marques further reveal that there is increased interest in RE sources as they are touted to not only reduce dependence on electricity but also because the sector is highly profitable…

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