Title :
Viability analysis by techno-economic aspects of grid interactive solar photovoltaic project in india
Author :
Lalwani, Mahendra ; Kothari, D.P. ; Singh, Mool
Author_Institution :
MNIT Jaipur, Jaipur, India
Abstract :
This paper presents techno-economic viability analysis for 5 MW solar photovoltaic (PV) systems at Gujarat (India). The per unit electricity purchase cost by Gujarat Urja Vikas Nigam Limited (GUVNL) is 15´/kWh for first 12 years from the date of commercial production and 5´/kWh from 13th to 25th years of operation. The Internal Rate of Return (IRR) and equity payback are found to be around 16.6 % and 7.8 years respectively without considering any clean energy facilities. The total annual green house gas (GHG) reduction is estimated to be 10504 tons. HOMER and RETScreen computer tools are used for the analysis. Monthly average solar radiation data from India Metrological Department and NASA SSE is used for this study.
Keywords :
air pollution control; photovoltaic power systems; power generation economics; power grids; solar power stations; solar radiation; GHG reduction; GUVNL; Gujarat Urja Yikas Nigam Limited; HOMER computer tools; IRR; India Metrological Department; NASA SSE; RETScreen computer tools; commercial production; equity payback; grid interactive solar photovoltaic project; internal rate of return; monthly average solar radiation data; per unit electricity purchase cost; power 5 MW; techno-economic aspects; total annual green house gas reduction; viability analysis; Artificial intelligence; Computational modeling; Photovoltaic systems; Solar energy; Surface treatment; Feasibility analysis; HOMER; NASA SSE; RETScreen; baseline data; clearness index; equity payback; grid electrification; internal rate of return; sensitivity analysis;
Conference_Titel :
Advances in Engineering, Science and Management (ICAESM), 2012 International Conference on
Conference_Location :
Nagapattinam, Tamil Nadu
Print_ISBN :
978-1-4673-0213-5
