NDLI: Cost evaluation of a stand-alone residential photovoltaic power system in Malaysia

Content Provider	IEEE Xplore Digital Library
Author	Applasamy, V.
Copyright Year	2011
Description	Author affiliation: Center for Foundation Studies, Quest International University Perak, Ipoh, Malaysia (Applasamy, V.)
Abstract	This article reviews the cost to generate per kilowatt hour of electricity applying life cycle costing (LCC) analysis for a typical household of four using stand-alone photovoltaic technology. RETScreen was used to determine the cost of developing the stand-alone photovoltaic system and finally deriving to the cost per kilowatt hour for the various photovoltaic technologies taking into consideration all major components involved in the construction. Life cycle costing is employed over a period of 25 years subject to annual interest rates and inflation to accurately ascertain the cost per kilowatt hour for each photovoltaic module. A price comparison was undertaken between the national utility company and the stand-alone system. Ultimately, results show that albeit having several advantages from the environmental perspective compared to current power generating sources, the major drawback is the high cost of between RM 1.17 – RM 1.21 per kilowatt hour which is more than five times the current cost of electricity for residential household.
Starting Page	214
Ending Page	218
File Size	221448
Page Count	5
File Format	PDF
ISBN	9781457715488
e-ISBN	9781457715495
DOI	10.1109/ISBEIA.2011.6088807
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2011-09-25
Publisher Place	Malaysia
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Inverter Life cycle costing Batter Building integrated photovoltaics Renewable energy resources Maintenance engineering Converters Inverters Batteries Photovoltaic modules
Content Type	Text
Resource Type	Article

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