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An Economic Analysis of Grid-tie Residential Photovoltaic System and ?Oil Barrel Price Forecasting: A Case Study of Saudi Arabia

dc.contributor.authorMutwali, Bandar
dc.contributor.copyright-releaseNot Applicableen_US
dc.contributor.degreeMaster of Applied Scienceen_US
dc.contributor.departmentDepartment of Electrical & Computer Engineeringen_US
dc.contributor.ethics-approvalNot Applicableen_US
dc.contributor.external-examinerDr. William Phillipsen_US
dc.contributor.graduate-coordinatorJ. Brownen_US
dc.contributor.manuscriptsNot Applicableen_US
dc.contributor.thesis-readerDr. Jason Jueen_US
dc.contributor.thesis-supervisorDr. M. El-Hawaryen_US
dc.date.accessioned2013-01-15T19:59:16Z
dc.date.available2013-01-15T19:59:16Z
dc.date.defence2013-01-08
dc.date.issued2013-01-15
dc.descriptionThis paper examined the economic feasibility of using grid-tied residential photovoltaic ??(GRPV) system in Saudi Arabia with the HOMER software. Models forecasting the ?price of oil barrels through artificial neural networks (ANN) were also employed in the ?analysis. The study shows that an oil-rich country like Saudi Arabia has potential to ?utilize the GRPV system as an alternative source of energy. This study provides a ?discussion of the potential for applying solar-powered and an assessment of the ?performance of existing systems based on collecting output data.?en_US
dc.description.abstractThe demand for electricity is increasing daily due to technological advancement, and ?luxurious lifestyles. Increasing utilization of electricity means the depletion of fossil fuel ?reserves. Thus, governments around the world are seeking alternative and sustainable ?sources of energy such as the solar powered system. The main purpose of this research is ?to develop a knowledge base on residential electric generation from the grid and solar ?energy. This paper examined the economic feasibility of using grid-tied residential ?photovoltaic (GRPV) system in Saudi Arabia with the HOMER software. Models ?forecasting the price of oil barrels through artificial neural networks (ANN) were also ?employed in the analysis. The study shows that an oil-rich country like Saudi Arabia has ?potential to utilize the GRPV system as an alternative source of energy.en_US
dc.identifier.urihttp://hdl.handle.net/10222/15897
dc.language.isoenen_US
dc.subjectsolar systemen_US
dc.subjectArtificial Neural Networken_US
dc.subjectEconomic Analysis of residential grid-tie PV systemen_US
dc.subjectGrid-tie Residential Photovoltaic Systemen_US
dc.subjectOil Barrel Price Forecastingen_US
dc.subjectSaudi Arabiaen_US
dc.subjectOil Barrel Price predictionen_US
dc.titleAn Economic Analysis of Grid-tie Residential Photovoltaic System and ?Oil Barrel Price Forecasting: A Case Study of Saudi Arabiaen_US

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