Life Cycle Cost Analysis of a Standalone PV System

Abdul Qayoom, Jakhrani and Othman, A.K. and Andrew Ragai, Henry Rigit and Saleem, Raza Samo and Shakeel Ahmed, Kamboh (2011) Life Cycle Cost Analysis of a Standalone PV System. 2012 International Conference in Green and Ubiquitous Technology. ISSN ISBN: 978-1-4577-2171-7

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The purpose of this paper is to assess the viability of standalone photovoltaic (SAPV) systems for the supply of electricity in remote areas of Sarawak. In order to achieve the objectives, the life cycle cost (LCC) of a SAPV system was computed by means of net present value (NPV) technique. All anticipated costs were discounted to their present values by considering the time value of money. It was found that the capital cost makes up around 58% and future costs shares 42% of all expenses. PV modules contribute 9% and battery bank shares 52% with almost 8 days of autonomy at LLP of 0.01. Controller adds 5%, inverter 8%, civil work 17% and O&M 9% of total life time system cost. The estimated net energy cost from SAPV system was found to be US$2.5/kWh, which is 20 times higher than average electricity tariff in Malaysia. It is concluded that the SAPV systems could only be preferred where the extension of power transmission lines is expensive for the supply of electricity in isolated areas.

Item Type: Article
Uncontrolled Keywords: life cycle cost; discount rate; net present value; standalone photovoltaic system, unimas, university, universiti, Borneo, Malaysia, Sarawak, Kuching, Samarahan, ipta, education, research, Universiti Malaysia Sarawak
Subjects: T Technology > TK Electrical engineering. Electronics Nuclear engineering
Divisions: Academic Faculties, Institutes and Centres > Faculty of Engineering
Faculties, Institutes, Centres > Faculty of Engineering
Depositing User: Karen Kornalius
Date Deposited: 18 May 2017 04:19
Last Modified: 18 May 2017 04:19

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