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SUSTAINABILITY OF TECHNOLOGICAL INNOVATION INVESTMENTS: PHOTOVOLTAIC PANELS CASE STUDY

Journal: International Journal of Civil Engineering and Technology (IJCIET) (Vol.10, No. 2)

Publication Date:

Authors : ;

Page : 2301-2307

Keywords : Circular Economy; Sustainable Development; Process Innovation; Photovoltaic Panel; Energy Saving.;

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Abstract

Process innovations in recent years are based on renewable sources processes, such as photovoltaic panels. In the case study analysed are shown the benefits obtained from the investments of the central Italy after installing photovoltaic systems. The total expenditure for the electricity purchase is € 52.326, while the total benefit of the investment is € 18.789, equal in percentage to a 53% energy saving over a period of 20 years. The company expeniture in the absence of a photovoltaic system is equal to € 109.03, while in the presence of a plant, considering also all costs incurred for € 93.090, with a percentage of profit on the investment made equal to almost 15% in 20 years.

Last modified: 2019-05-22 17:06:05