Distributed power generation and energy storage : potential effects of extending tax incentives

Thesis: S.M. in Engineering and Management, Massachusetts Institute of Technology, System Design and Management Program, 2019

Bibliographic Details
Main Author: Sabir, Omar O.
Other Authors: Francis O'Sullivan.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2019
Subjects:
Online Access:https://hdl.handle.net/1721.1/122430
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author Sabir, Omar O.
author2 Francis O'Sullivan.
author_facet Francis O'Sullivan.
Sabir, Omar O.
author_sort Sabir, Omar O.
collection MIT
description Thesis: S.M. in Engineering and Management, Massachusetts Institute of Technology, System Design and Management Program, 2019
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spelling mit-1721.1/1224302019-11-22T03:37:53Z Distributed power generation and energy storage : potential effects of extending tax incentives Sabir, Omar O. Francis O'Sullivan. Massachusetts Institute of Technology. Engineering and Management Program. System Design and Management Program. Massachusetts Institute of Technology. Engineering and Management Program System Design and Management Program Engineering and Management Program. System Design and Management Program. Thesis: S.M. in Engineering and Management, Massachusetts Institute of Technology, System Design and Management Program, 2019 Cataloged from PDF version of thesis. Includes bibliographical references (pages 66-69). Solar PV penetration has been increasing rapidly in the U.S. in recent years. This growth can be attributed to multiple factors; one of which is financial incentives in the form of tax credit programs. One of the most effective tax credit programs in the U.S. is a federal tax program known as the Investment Tax Credit (ITC). The ITC program has been extended in recent years, and is currently set to expire in the early 2020s. This work conducts scenario analysis to evaluate the effects extending the ITC will have on the Levelized Cost of Energy (LCOE) as opposed to allowing it to expire as it is currently set to. Particular attention is paid to the effects on LCOE as this helps evaluate whether solar PV will stay economically competitive compared to other sources of electricity and thus provides some guidance on the role of the ITC in accelerating the adoption of solar PV. by Omar O. Sabir. S.M. in Engineering and Management S.M.inEngineeringandManagement Massachusetts Institute of Technology, System Design and Management Program 2019-10-04T21:34:11Z 2019-10-04T21:34:11Z 2019 2019 Thesis https://hdl.handle.net/1721.1/122430 1120720932 eng MIT theses are protected by copyright. They may be viewed, downloaded, or printed from this source but further reproduction or distribution in any format is prohibited without written permission. http://dspace.mit.edu/handle/1721.1/7582 69 pages application/pdf Massachusetts Institute of Technology
spellingShingle Engineering and Management Program.
System Design and Management Program.
Sabir, Omar O.
Distributed power generation and energy storage : potential effects of extending tax incentives
title Distributed power generation and energy storage : potential effects of extending tax incentives
title_full Distributed power generation and energy storage : potential effects of extending tax incentives
title_fullStr Distributed power generation and energy storage : potential effects of extending tax incentives
title_full_unstemmed Distributed power generation and energy storage : potential effects of extending tax incentives
title_short Distributed power generation and energy storage : potential effects of extending tax incentives
title_sort distributed power generation and energy storage potential effects of extending tax incentives
topic Engineering and Management Program.
System Design and Management Program.
url https://hdl.handle.net/1721.1/122430
work_keys_str_mv AT sabiromaro distributedpowergenerationandenergystoragepotentialeffectsofextendingtaxincentives