Modeling and analysis of the solar photovoltaic levelized cost of electricity (LCoE) - case study in Kupang

Sinaga, Rusman; Beily, Marthen; Sampeallo, Agusthinus S.

doi:10.1088/1742-6596/1364/1/012066

Cited by 10 publications

(7 citation statements)

References 11 publications

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“…It was noted that the battery storage costs constitute 67% of total capital costs, and further, they add to the operational costs. The analysis showed that the LCOE of the battery-integrated floating PV system is at the level of 261-349 USD/MWh, which is aligned with the case study conducted for off-grid solar PV in Indonesia with the LCOE range from 290 to 310 USD/MWh [25].…”

Section: Capital Costssupporting

confidence: 74%

Techno-Economic Feasibility of the Use of Floating Solar PV Systems in Oil Platforms

Veliathur Chinnasamy Srinivasan,

Soori,

Ghaith

2024

Sustainability

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Offshore facilities have high energy demands commonly accomplished with local combustion-based power generators. With the increased commercialization of the marine renewable energy sector, there is still a need for research on floating photovoltaic installations on their performance and economic perspective. This paper investigates the techno-commercial feasibility of installing a battery-integrated floating solar photovoltaic (FPV) system for an offshore oil platform facility in Abu Dhabi. The performance analysis of two floating PV design schemes has been evaluated using the PVsyst design tool. The proposed system’s annual solar energy availability from the PVsyst 7.2.21 output was validated with MATLAB Simulink R2022b with a deviation of 1.85%. The optimized solution achieved the Levelized Cost of Electricity (LCOE) of 261 USD/MWh with a Discounted Payback Period of 9.5 years. Also, the designed system could reduce carbon emissions by 731 tons per year. Furthermore, it was recognized that the contribution of the marine sector to the construction of floating platforms influences the success of floating PV systems. Independently authorized floating PV system designs would guarantee insurability from the viewpoints of investors and end users.

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Section: Capital Costssupporting

confidence: 74%

Techno-Economic Feasibility of the Use of Floating Solar PV Systems in Oil Platforms

Veliathur Chinnasamy Srinivasan,

Soori,

Ghaith

2024

Sustainability

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“…Therefore, a simple calculation shows that a 3.3 MW turbine does not increase the capacity by five times to a 660 kW turbine, while the rotor diameter is only 2.54 times, and for a 2 MW wind turbine, it increases by 3.3 times compared to 660 kW. At the same time, the rotor diameter has increased only 2.3 times [30][31][32][33][34].…”

Section: Resultsmentioning

confidence: 99%

An Economic Evaluation of the use of Wind Farms in Iran, Taking into Account the Effect of Energy Price Liberalization Policy

Norouzi

Bashashjafarabadi

Meybodi

2021

UJBM

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In this study, the effect of energy cost liberalization policies on the cost-effectiveness of wind farms compared to gas power plants has been investigated. To calculate the cost of electricity generation from various sources, including wind energy and fossil fuels, the "levelized cost" method has been used as the most acceptable economic method to compare different types of electricity generation technologies. In addition, calculations related to the cost of electricity, different fuel prices, different technologies of wind farms, and different prices of different types of fuel are considered. Based on the results of this research, it was found that by targeting fuel prices in the country, wind farms are quite cost-effective, and considering the cost of the opportunity to use diesel in the country, the construction of these power plants can provide the possibility of exporting this fuel. This cost also increases with the production of valuable equipment in the country. The important point is that the macro policy should localize the wind turbine industry with priority to its valuable parts and components due to fuel price changes. This policy will continue to make this type of power plant cost-effective in the country and the employment of specialists in the country.

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“…Fifth, when it comes to the levelised cost of electricity (LCOE), which is the unit cost of electricity (kWh or MWh) over the economic life or full life of a project [81,82], there is a lack of literature on the LCOE of BIPV systems. Several studies have investigated the LCOE of photovoltaics systems [83][84][85][86][87][88][89][90][91][92][93][94], but none of them investigated the BIPV systems. However, the economic analysis of BIPV systems and their LCOE is different from the PV systems.…”

Section: Problem Statement and The Scopementioning

confidence: 99%

Feasibility Study of Building Integrated Photovoltaic (BIPV) as a Building Envelope Material in Europe

Gholami¹

2021

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Buildings play a vital role as regards the energy efficiency of urban areas since they are responsible for a significant portion of the energy demand of urban areas. In Europe, building energy use accounts for 41% of the total energy consumption of the cities [1]. Urban energy transition has recently come about by intensifying the endeavour towards promoting distributed or decentralised energy generation (DG) and realign the energy production and consumption of buildings. One of the leading solutions which can be of great assistance to contribute towards such an approach is building integrated photovoltaic (BIPV) systems. BIPV is a PV system on the building skin serving as both a building envelope material and a power generator. An alternative that is not covered here is PV systems nearly – in the landscape or garden. There is a tendency currently in the market to use BIPV systems in the part of the building skins with the highest incident solar radiation and, therefore, higher electricity production as an output. These areas in the northern hemisphere are roof and south façade. However, employing other facades and areas of building skins also results in many advantages. The possibility to achieve zero energy buildings (ZEB) or even plus energy building goals, using different facades and orientations of buildings to have a distributed electricity generation during the day, and the system's contribution in reinforcing the energy performance of the building skin are some advantages. To place PV modules so that they deliver energy when the energy need in the building is highest is also of importance as it reduces the need for storage. Therefore, this thesis focuses on building integrated photovoltaic systems (BIPV) and their feasibility as a building envelope material in Europe. The main research question is defined as follows: Is the BIPV system as an alternative for the more usual building envelope materials feasible for the entire skin of buildings in Europe? The goal is to investigate the technical and economic aspects of such a solution in two steps. Finally, the project seeks to briefly discover the potential and challenges of such a solution in the energy transition of cities. Both qualitative and quantitative methodologies are employed in this project, and most of the analyses are based on the data obtained from the Photovoltaic Geographical Information System (PVGIS) and the Surface Solar Radiation Data Set - Heliosat (SARAH) dataset. The results are expected to help the end-users, architects and urban planners to acknowledge the BIPV system as a suitable option for the building skins in Europe and steer governments or decision-makers to promote the technology by rational subsidies and incentives (where it is needed). This can contribute towards making cities as well as more rural areas into “power stations”.

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Modeling and analysis of the solar photovoltaic levelized cost of electricity (LCoE) - case study in Kupang

Cited by 10 publications

References 11 publications

Techno-Economic Feasibility of the Use of Floating Solar PV Systems in Oil Platforms

Techno-Economic Feasibility of the Use of Floating Solar PV Systems in Oil Platforms

An Economic Evaluation of the use of Wind Farms in Iran, Taking into Account the Effect of Energy Price Liberalization Policy

Feasibility Study of Building Integrated Photovoltaic (BIPV) as a Building Envelope Material in Europe

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