AzRISE, The Eller College of Management, "Solar PV and CAES Field Project", AzRISE Second-Year Poster Session2009.

One proposed solution to the intermittent nature of Photovoltaic (PV) electricity production is the use of compressed air energy storage (CAES).  In order to asses the financial feasibility of such a project, a team of MBA students worked with faculty at the Eller College of Management to develop an economic optimization model.  Based on user inputs, such as the size of the PV system and local utility rates, the model generates the optimal financial metrics related to the project.