10421Payback Analysis

Payback analysis is a rule-of-thumb method often used for preliminary evaluation of potential energy projects; it is the time it takes (usually measured in years) for the initial investment to be recovered from the savings. For example, a simple payback analysis of a CHP project would divide the first year's savings into the initial capital cost to estimate the number of years required to return the initial investment. Often, decision makers require paybacks of two to three years or less, even though far longer paybacks might be excellent investments.

Solar Stirling Engine Basics Explained

Solar Stirling Engine Basics Explained

The solar Stirling engine is progressively becoming a viable alternative to solar panels for its higher efficiency. Stirling engines might be the best way to harvest the power provided by the sun. This is an easy-to-understand explanation of how Stirling engines work, the different types, and why they are more efficient than steam engines.

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