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This book is compiled jointly by the Tajikistan and Pakistani scientists based on the result of research and various designs of photovoltaics, wind-power systems, biogas digestors and micro-hydropower systems. The economics of these renewable energy installations that are widespread in different countries in the world for the last decade are described and highlighted. Authors believe that this book will provide understanding of the basic points of the economics of the renewable energy installations and will be a useful source for students, researchers and professionals. In particular, in this book the concept of life-cycle cost (LCC), calculations of present worth, annual life-cycle cost (ALCC) and unit electricity cost are described. For the various designs of photovoltaics, wind-power systems, biogas digestors and micro-hydropower systems the unit electricity costs are calculated. Taking into account that the renewable energy installations usually have less effect to the environment, the concept of total cost of the energy is also described.
About the author
.Muhammad Abid is an innovator who is currently working as a senior product manager in the Services and Routing Group at Cisco. He is engaged in developing the next generation of platforms and innovative technologies that will support data center interconnect and software defined network (SDN) frameworks and play a key role in enabling cloud-based services and applications. Prior to this, he was focused on architecting solutions and driving technology roadmaps across multiple business units for unified communications, collaboration, and threat defense. Before joining Cisco, Muhammad held several positions, including at T-Systems, Padcom, Telcordia, and Latham & Watkins. Over the past 18 years, he has been involved in building innovative products and designing and architecting networks for service providers and enterprises. He has also validated mobility solutions for enterprises and performed technical audits on service provider equipment and networks. He holds a Bachelor's degree in Electrical Engineering from the City University of New York and an Executive Master in Technology Management degree from the Stevens Institute of Technology in New Jersey