An Assessment of the Optimal Capacity and an Economic Evaluation of a Sustainable Photovoltaic Energy System in Korea
Autor: | Younghun Lee, In Wha Jeong, Tae Hyun Sung |
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Jazyk: | angličtina |
Rok vydání: | 2021 |
Předmět: |
Environmental effects of industries and plants
Renewable Energy Sustainability and the Environment business.industry Geography Planning and Development Photovoltaic system TJ807-830 economy evaluation Management Monitoring Policy and Law Renewable Energy Certificate TD194-195 Renewable energy sources Automotive engineering Energy storage Power (physics) Environmental sciences photovoltaic Electricity generation Installation Economic evaluation Computer data storage Environmental science GE1-350 energy storage system (ESS) optimal capacity business |
Zdroj: | Sustainability Volume 13 Issue 21 Sustainability, Vol 13, Iss 12264, p 12264 (2021) |
ISSN: | 2071-1050 |
DOI: | 10.3390/su132112264 |
Popis: | The purpose of this study is to conduct an economic evaluation of a photovoltaic-energy storage system (PV–ESS system) based on the power generation performance data of photovoltaic operations in Korea, and to calculate the optimal capacity of the energy storage system. In this study, PV systems in Jeju-do and Gyeongsangnam-do were targeted, PV systems in this area were assumed to be installed on a general site, and the research was conducted by applying weights based on the facility’s capacity. All the analyses were conducted using the actual amount of Korea power exchange (KPX) transactions of PV systems in 2019. In order to calculate the optimal capacity of the power conditioning system (PCS) and the battery energy storage system (BESS) according to global horizontal irradiation (GHI), PV systems with a minimum/maximum/central value were selected by comparing the solar radiation before the horizontal plane for three years (2017–2019) in the location where the PV systems was installed. As a result of the analysis, in Jeju-do, if the renewable energy certificate(REC) weight decreased to 3.4 when there was no change in the cost of installing a BESS and a PCS, it was more economical to link to the BESS than the operation of the PV system alone. In Gyeongsangnam-do, it was revealed that if the REC weight was reduced to 3.4, it was more likely to link to the BESS than the operation of the PV system alone. |
Databáze: | OpenAIRE |
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