Table 5 Sensitivity analysis of key variables
Variable | Scenario 1 | Scenario 2 | ||
|---|---|---|---|---|
Variation (%) | Change in NPC (%) | Variation (%) | Change in NPC (%) | |
Solar PV capital cost | 20 | 0.31 | 20 | 0.4 |
Biomass-based generator capital cost | 20 | 4.98 | 20 | 6.75 |
Wind turbine capital cost | 20 | 1.35 | 20 | 1.03 |
Discount rate | 20 | − 7.32 | 20 | -6.14 |
Inflation rate | 20 | 6.13 | 20 | 4.97 |
Biomass price | 20 | 1 | 20 | 1.25 |
Battery capital cost | 20 | 2.49 | 20 | 2.32 |
Biomass-based generator efficiency | 10 | − 1.51 | 10 | − 1.62 |
Wind turbine efficiency | 10 | − 1.38 | 10 | − 1.25 |
Solar PV panel efficiency | 10 | − 1.23 | 10 | − 1.02 |