Is PV-battery optimum system for Ghanaian economic and weather conditions?
The PV-Battery technology proved to be the optimum system for the Ghanaian economic and weather conditions even other the current financial arrangements used for the simulation. Fig. 7.
How much does electricity cost in Ghana?
The non-residential sector (i.e. commercial users less than 100 kVA) pay between 15 and 26 ¢/kWh . These electricity tariffs makes Ghana one of the most expensive countries among middle-income developing countries in relation to cost of energy.
What is NPV after tax in Ghana?
It’s cumulative after tax NPV mostly lay above the zero mark unlike that of the PV-only system. The PV-Battery technology proved to be the optimum system for the Ghanaian economic and weather conditions even other the current financial arrangements used for the simulation.
In economics, opportunity costs are essential and are used in calculating cost benefit analysis relative to a project. Such costs are usually not logged in account books; however, they influence decision making by calculating the cash outlays and their accompanying gains or losses [58].
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