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Content Provider | IET Digital Library |
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Author | Saker, Nathalie Qattan, Ayman Al Otaibi, Ahmad Al Mulla, Ahmad Al |
Abstract | The objective of this study is to present an economic analysis (EA) of actual installed photovoltaic (PV) projects considering Gulf Cooperation Council countries climate conditions. The two analysed PV systems are commissioned in Kuwait and they were chosen to be the scope of this study since the availability of their characteristics. The first system is installed on a school and equipped with thin film (copper indium gallium selenide) solar modules of efficiency equal to 14% and the other system is installed on a commercial building and equipped with monocrystalline solar modules of efficiency equal to 17%. The EA consists of studying the financial parameters related to the two previous projects using two different calculation tools. One tool is developed and presented in this study that is the EA calculator and the other tool is the existing solar advisory model software. The two calculation tools’ results almost match with slight differences considered negligible, so the developed EA calculator is considered validated. As a conclusion, the impact of renewable energy (RE) costs on future investments in RE technologies and especially on PV projects is being evaluated. |
Starting Page | 1074 |
Ending Page | 1081 |
Page Count | 8 |
ISSN | 17521416 |
Volume Number | 12 |
e-ISSN | 17521424 |
Issue Number | Issue 9, Jul (2018) |
Alternate Webpage(s) | https://digital-library.theiet.org/content/journals/iet-rpg/12/9 |
Alternate Webpage(s) | https://digital-library.theiet.org/content/journals/10.1049/iet-rpg.2017.0309 |
Journal | IET Renewable Power Generation |
Publisher Date | 2018-04-20 |
Access Restriction | Open |
Rights Holder | © The Institution of Engineering and Technology |
Subject Keyword | Building Integrated Photovoltaics Buildings (energy Utilisation) Calculation Tools Climate Condition Copper Indium Gallium Selenide Cost-benefit Analysis EA Calculator Economic Analysis Financial Parameter Gulf Cooperation Council Countries Kuwait Monocrystalline Solar Module Photoelectric Conversion Photovoltaic Power System Photovoltaic Projects Power Generation Economics Power System Economics Power System Managemen Power System Operation PV Projects PV System RE Technology Renewable Energy Cost Rooftop Photovoltaic System Semiconductor Material Semiconductor Thin Film Solar Advisory Model Software Solar Cell And Array Solar Cell Array Solar Power Stations Ternary SemiConductor Thin Film Circuit Thin Film Device Thin Film Solar Module |
Content Type | Text |
Resource Type | Article |
Subject | Renewable Energy, Sustainability and the Environment |
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