COIS11011 CQ University's Solar Power Strategy

Added on - Feb 2020

Trusted by 2+ million users,
1000+ happy students everyday
Showing pages 1 to 4 of 11 pages
UNIT:NAME:DATE:
STUDENT ID:NAME:Executive SummaryThis paper contains an analysis and evaluation of information contained in thespreadsheet of this assignment. The first section is an analysis of the most suitablesolar panel in a case where the gross return and the price of the solar panel areconsidered. The analysis contains a graphical representation of the two variables. Thisis used to illustrate how the two variables interact with each other to influence theoverall score of the solar panel. The paper also analyzes the combination of differentother variables and how they influence the decision on which solar panel to purchase.The individual variables such as efficiency and greenhouse gas reduction are alsoevaluated individually to determine which solar panel is suitable based on thoseindividual factors.2
STUDENT ID:NAME:Table of ContentsIntroduction...................................................................................................................................4Analysis..........................................................................................................................................4Efficiency of solar panels............................................................................................................4Greenhouse gas reduction rate in tonnes/year..........................................................................4Should CQU adopt solar panels as a source of electricity?..........................................................4Scorecard based on gross return alone.......................................................................................6Scorecard based on gross return alone.......................................................................................7Scorecard based on value of electricity generated per year.......................................................7Consideration if the greenhouse gas reduction was weighed twice as high as the othervariables.....................................................................................................................................7Consideration if the Greenhouse gas reduction rate was weighed three times higher than theother variables............................................................................................................................8Gross return consideration and economic consideration of UCQ adopting the installation ofsolar panels................................................................................................................................9Recommendation.........................................................................................................................10Conclusion....................................................................................................................................10References....................................................................................................................................113
STUDENT ID:NAME:IntroductionThis paper analyzes the data that has been calculated in a spreadsheet of CQUniversity Solar Power Analysis Worksheet. The paper analyzes the results ofdifferent calculations on solar panel types that are suitable for a particular type ofbusiness. The paper analyzes the best choice of solar panel in the case where theuniversity considers both the gross return and the price. The paper analyzes theoverall scores for all the ten solar panel types under consideration (BusinessComputing: Grundlagen und Standardsoftware,2012).AnalysisEfficiency of solar panelsThe efficiency of each solar panel is also considered and compared to each other todetermine the most efficient solar panel. Another variable being analyzed is the valueof electricity generated by each of the generators per year. Fusion Catcha generatorhas the highest electricity production capacity with a value of $613. The analysishelps the university to determine the best solar panel from among the ten. Thedecision on the solar panels to be installed depends on a combination of a variety offactors (Adomavicius & Gupta, 2009).Greenhouse gas reduction rate in tonnes/yearThe greenhouse gas reduction for each and every solar panel is also calculated andanalyzed. The greenhouse gas reduction is measured in tones per year. Fusion Catchasolar panel has the highest reduction rate at 3.57 tons per year. This is importantbecause it establishes the environmental sustainability of the solar panels.Should CQU adopt solar panels as a source ofelectricity?CQU University should adopt solar panels. This is because of the many advantagesthat the solar panels are seen to posses when compared to other sources of energy.The cost of solar panel installation is also low and the no monthly bills need to bepaid. CQU should therefore install solar panels due to the advantages highlightedfrom the analysis that follows.4
Desklib Logo
You are reading a preview
Upload your documents to download or

Become a Desklib member to get access