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Chapter 8

Life Cycle Analysis Versus Cost

Benefit of Renewable Energy:
Solar Systems Photovoltaics in

Public Private Partnerships

Tom Pastore
Sanli Pastore & Hill, Los Angeles, CA, United States

Chapter Outline
Introduction 147 Power Purchase Agreement
Energy Challenges are Enormous 148 Business Model 151
SolarCitydSolar PV Array Calculating Utility Rates 151
Installations on City Facilities 148 Financial Analyses 152
Due Diligence Procedures 148 Consideration of Externalities 156
Life Cycle Analysis of a PV System Conclusion 157
From a Financial Perspective 149 Reference 157
Available Incentives 149

INTRODUCTION

This is an update of my prior paper written 10 years ago. It presents the types,
use, and reasoning for applying financial analyses in determining the feasi-
bility of implementing renewable energy systems. The renewable energy
sources discussed herein focus primarily on solar photovoltaic (“PV”) systems.
However, these analyses can apply to other renewable energy sources, e.g.,
wind or tidal or hybrid systems such as hydrogen storage and solar units.
Over the past decade, there have been large-scale vast changes in the
landscape of noncombustible clean energy applications. Witness the emer-
gence of Tesla electric cars as reckoning force in the otherwise staid and
entrenched automobile industry. Renewable energy applications offer a broad
array of applications for personal residences, commercial buildings, and
government infrastructures. Incentivized by a combination of social and

Sustainable Cities and Communities Design Handbook. https://doi.org/10.1016/B978-0-12-813964-6.00008-2
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