Impact of Module Degradation on the Viability of On-Grid Photovoltaic Systems in Mediterranean Climate: The Case of Shymkent Airport
Autor: | Dinara Dikhanbayeva, Adil Anapiya, Luis Rojas-Solórzano, Zhalgas Smagulov |
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Rok vydání: | 2020 |
Předmět: |
Mediterranean climate
Environmental Engineering 020209 energy lcsh:TJ807-830 solar energy lcsh:Renewable energy sources Energy Engineering and Power Technology Tariff 02 engineering and technology Net present value 0202 electrical engineering electronic engineering information engineering pvss degradation Renewable Energy Sustainability and the Environment business.industry Photovoltaic system Internal rate of return Environmental economics 021001 nanoscience & nanotechnology Solar energy Grid renewable energy Renewable energy mediterranean climate photovoltaic systems Environmental science 0210 nano-technology business |
Zdroj: | International Journal of Renewable Energy Development, Vol 10, Iss 1, Pp 139-147 (2021) |
ISSN: | 2252-4940 |
Popis: | This paper presents the techno-economic feasibility analysis of an on-grid Photovoltaic Solar System (PVSS) subject to Mediterranean climate aging effects. The PVSS under study is considered installed on the roof of Shymkent airport, located in southern Kazakhstan. A PVSS performance degradation rate of 1.48%-per-annun was considered according to the Mediterranean climate prevailing in the location. A 25-year life-cycle cost analysis comparing the rated vs. de-rated on-grid PVSS led to a positive Net Present Value (NPV), a less than 9-year equity payback, and favorable internal rate of return (IRR) and Benefit-to-Cost (B-C) ratio in both conditions. However, the de-rated PVSS system underperformed in 16.2%, 43.5% and 20% the IRR, NPV and B-C ratio, respectively. The analysis demonstrates that despite the expected performance degradation associated to climatic aging, a convenient feed-in tariff (FIT) and attractive financial conditions, such as those present in Kazakhstan, conform a robust setting to promote on-grid PVSS in the country. |
Databáze: | OpenAIRE |
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