Faculty Advisor

Emanuel, Alexander E.

Abstract

This IQP gives an overview of peak electrical demand and DSM programs in the US and suggests large-scale PV solar projects as a method to mitigate peak demand. New England was chosen for a potential case study, due the declining load capacity, and high electricity prices in the region, and because of the possible PV capacity growth in the next decade. The state of Massachusetts projects the addition of 400 MW of PV solar installations between 2013 and 2021. The state also guarantees a minimum SREC price making renewable investments safer. A financial study in this report shows that a typical 1MW commercial (rooftop) project can be expected to yield 24%-30% Internal Rate of Return (IRR).

Publisher

Worcester Polytechnic Institute

Date Accepted

January 2013

Project Type

Interactive Qualifying Project

Accessibility

Unrestricted

Advisor Department

Electrical and Computer Engineering

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