Learning Objectives: - Practical solutions to Fossil Fuel + climate mitigation. - Improve Energy Independence, Use Renewable Energy, Increase Employment - Solutions to Renewable Energy problems in Jordan - Learn how to apply financial principles to actual problems. Given Intormation: - Government of Jordan decides to distribute Give 30% discount, on 15,000 Solar PV system, 5.4KWp each, for consumers that are on national well fair. - Average Cost of KWh that the government pays= 0.10JD/KWh. - Cost the government pays per System =700JD - Lifetime of PV system =30 years. - Customer pays: 0.05JD/KWh - Assume any information missing and explain why you need it. Required Calculations (I=3%,n=30) 1. Calculate the following: a. Payback Period, (PBP), b. Net Present Value, (NPV) c. Internal Rate of Return, (IRR), d. Benefit/Cost Ration (B/C) e. Cash Flow Diagram 2. What is the annual energy reduction? 3. What is the lifetime energy reduction? 4. What is the annual CO2 emission reduction (Metric ton CO2 )? 5. What is the lifetime CO2 emission reduction (Metric ton CO2 )? 6. Is this a good decision or bad decision