Document Type

Closed Project

Publication Date

Winter 2012


Timothy Anderson

Course Title

Operations Research

Course Number

ETM 540/640


Photovoltaic power systems -- Forecasting, Solar cells -- Technological innovations, Operations research


With the limited amount of fossil fuel around the world and the awareness of the renewable energy advantages, proliferation of alternative energies has been increased. Solar photovoltaic (PV) is a fairly new green technology that looks very promising to take over some of the traditional sources of energy in the near future. In the late 1970s, the federal government gave tax credit to solar based water heaters [1] the thing that affected the solar PV industry and made it one of the fastest growing energy sources to develop in the United States [1]. But the development and the growth of solar has slowed down in the late 1980s and early 1990s when the fossil fuel prices hit some relatively low prices, and made it hard for solar industry to compete with the market. Few years later, specifically in the early years of the 2000s Solar came back again and showed another wave of growth [1] in terms of technology development and market competition. Combined factors and elements always controlled and kept altering the industry of solar, such as technology accelerated developments, fossil fuels’ price volatility, governments’ policies and subsidies [1]. Especially with recent years climate changes and global warming which currently represent one of the main issues that can encourage applying more green energies worldwide.


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