Inspec keywords: power generation economics; photovoltaic power systems; Monte Carlo methods; solar power stations; demand side management; power markets; air pollution control; pricing; environmental economics; cost reduction; energy security

Other keywords: plant capital cost; energy security; electricity demand; uncertain future fossil fuel price; expected future cost; industry generation cost; Monte Carlo generation portfolio modelling; environmental challenges; carbon price; transmission cost estimation; cost uncertainty; energy policy decision making; uncertain future fossil fuel cost; future electricity generation portfolio; PV penetration; climate policy decision making; solar photovoltaic generation; electricity industry; CO2 emission

Subjects: Monte Carlo methods; Energy resources; Environmental factors; Probability theory, stochastic processes, and statistics; Power system management, operation and economics; Energy and environmental policy, economics and legislation; Solar power stations and photovoltaic power systems