The Technical and Economic Assessment of a Solar Rooftop Grid-Connected Photovoltaic System for a Dairy Farm
Nuri Caglayan ()
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Nuri Caglayan: Department of Mechatronics Engineering, Faculty of Engineering, Akdeniz University, Antalya 07070, Türkiye
Energies, 2023, vol. 16, issue 20, 1-20
Abstract:
This study covers the technical and economic analysis of a grid-connected rooftop 216 kWp photovoltaic (PV) system to meet the average annual energy demand of 45,327 kWh of a dairy farm. According to the results of the analysis, an average of 326,819 kWh/year is received at the output of the panel arrays, while 294,838 kWh/year is supplied to the grid. The amount of energy to be received from the grid was found to be 25,013 kWh/year, and the performance ratio of the system was 0.808. The net present value (NPV) of the system was calculated as $36,463.39, and the levelized cost of electricity (LCOE) was calculated as 0.065 $/kWh. Considering that the annual electricity generation amount of the rooftop PV system evaluated within the scope of the study is 315,152 kWh, it is estimated that 127.419 tCO 2 per year of emission release will be prevented annually with the installation of the system.
Keywords: dairy farm; solar grid connected system; performance ratio; economic analysis; levelized cost of energy (LCOE) (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:16:y:2023:i:20:p:7043-:d:1257660
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