The Photovoltaic Installation And Maintenance - 1392 Words

This paper proposes an entrepreneurial endeavor in the photovoltaic installation and maintenance in support of the Department of Defense’s requirement in meeting Executive Order 13693, Federal Leadership on Climate Change and Environmental Sustainability, mandating a 40 percent greenhouse gas emissions reduction from 2008 levels. This paper discusses the influential event resulting in the entrepreneurial contemplation; differing market models; discusses how pricing relates to elasticity of demand for competing models (i.e., monopoly, oligopoly, monopolistic competition, and pure competition); discusses strategies to use to develop product differentiation and market segmentation (including proposals concerning alternative non-pricing strategies available and non-pricing strategies proposal to increase barriers to entry); determines elasticity of demand (for various quality ranges and the degree of luxury vs. necessity represented by various brands; discusses changes in quantit y supplied as a result of pricing decisions affecting the company s marginal cost, marginal revenue, and market share as production volume rises; discusses responses to producers’ actions altering fixed and variable costs in support of the business’ pricing strategy. On June 6, 2013, most parts of the Island of Guam went dark, which is due to an explosion of one of the electrical substations to one of the electrical power plants on the island (Aguon, 2013). The substation explosion’s immediate impactShow MoreRelatedWhat is Solar Energy?641 Words   |  3 Pagesis a packaged, intersected assortment of solar, or photovoltaic, cells that can be used to produce and supply electricity in a range of settings. The panels use light energy from the sun to produce electricity to power your home or business. Power companies, particularly those in states with lots of sunny days, such as Arizona, have made significant investment in large scale solar power installations ov er the last 5 to 10 years. Photovoltaics is the direct conversion of light into electricity atRead MoreEnergy Sources Of Solar Energy1680 Words   |  7 Pagesthe sun’s energy to heat the liquid and produce steam which is used to power a generator. (Solar Explained). This is mostly similar to coal and nuclear power plant. Another way is by using photovoltaic cells or solar cells that transform sunlight directly into electricity (Solar Explained). In May 1954, photovoltaic cell, which is made out of a semiconductor called silicon, was developed by three research scientists at Bell Telecommunication Laboratories. These research scientists are Gerald LeondusRead MoreA Report On The Minister Of Power1119 Words   |  5 Pageshour which can be done by dividing the total electric bill by the amount of hours of usage, the cost of solar panels relies on the budget of an individual, installation costs which consists of the solar panels and balance of they system. Then operational costs, which consists of labor fees, monitoring, repair, insurance, overhead costs, maintenance, inspection fees and permits fees, and then the costs of the individual components of the solar panel system. In America, solar systems meant for homes areRead MoreUse Of Solar Light Energy From The Sun Into Electrical Energy Essay1493 Wor ds   |  6 PagesBrief History Solar technology can be dated all the way from 7th century B.C. Early uses included using reflective properties to direct sunlight to create energy (heat) to a specific area. In 1838 French scientist Edmond Becquerel discovered the ‘photovoltaic effect’ which involved an electrolytic cell submerged in a solution, that when exposed to light, created energy. This discovery made way for Charles Fritts (1894) to create the first solar cell, which consists of a coating semiconductor materialRead MoreEssay Solar Energy May Save the Earth1393 Words   |  6 Pagesfuels contribute to global warming via the greenhouse effect and they are limited in the quantity that remains. Solar power solves both of these problems and can be captured by utilizing photovoltaic cells. However, photovoltaic cells have their own drawbacks due to their high costs of installation and maintenance. The world currently functions through the use of fossil fuels. However, fossil fuels possess two significant disadvantages. Fossil fuels harm the global environment because they enhanceRead MoreCost And Benefit Of Solar Energy1171 Words   |  5 Pagesimportant application of solar energy. Photovoltaic (PV) electricity generation has advanced quickly around the globe. Photovoltaic production has doubled every two years since 2002, making it the world’s fastest growing energy technology. Nonetheless, China’s photovoltaic use has experienced an intense growth since 2009, resulting financial support from government. It is widely recognized that high cost is the major restriction to wide application of photovoltaic in China. In order to improve theRead MoreLikely Problems for the Huanghe Hydropower Golmud Solar Park1439 Words   |  6 PagesProblems likely to face the Huanghe Hydropower Golmud Solar Park System design flaws The statistical table of photovoltaic power generation in Golmud area was reported by the power company of Qinghai province in March, 2012: there are several photovoltaic power station generating capacity was even zero in the first two months. Apparently, systems of parts of stations had the design problems, such as no stability control device; lack of power forecasting or signal impassability; the insulation doesRead MoreThe Best Type Of Energy1400 Words   |  6 Pagespopulations. The best type of energy is photovoltaic energy because it possesses many advantages and it outshines the other alternative sources. In one day, the amount of sunlight shining over the United States is over 2,500 times the entire country’s daily energy usage combined. Photovoltaic energy is used to power solar panels by having particles of light, photons, free electrons from their atoms, thus generating electricity. Solar panels are composed of photovoltaic cells; these cells turn sunlightRead MoreThe Importance Of Climate Leadership Plan1361 Words   |  6 Pagesoutcomes of the Green Infrastructure Fund and supports the overall priorities of the Alberta Climate Leadership Plan, including: o measurable reductions in or avoidance of Greenhouse Gas (GHG) emissions (current estimates based on installing solar PV installations as a preliminary measure can save 20-30% in emissions overall); o increased visibility and awareness of innovative sustainable outcomes on new and existing infrastructure throughout the province; and, o positive social and economic contributionsRead MoreSt Clement s Retreat And Conference Centre1615 Words   |  7 Pagesthe building for visitors and retreatants began in the mid-seventies [1]. And in recent years, its accommodation and facilities has been increased and the center is working toward a sustainable future. This can be achieved by installing solar photovoltaics systems and energy efficiency strategies. In general, the electricity energy mostly comes from burning fossil fuels such as natural gas or coal. And with the development of society, there is an increasing demand for energy. However, there are some