EconPapers    
Economics at your fingertips  
 

Analysis for End-of-Life Solar Panel Generations by Renewable Energy Supply towards Carbon Neutrality in South Korea

Su-Hee Lee and Yong-Chul Jang ()
Additional contact information
Su-Hee Lee: Growth Research Laboratory, Central Research Institute, Korea Hydro& Nuclear Power Co., Ltd., Daejeon 34101, Republic of Korea
Yong-Chul Jang: Department of Environmental Engineering, Chungnam National University, Daejeon 34134, Republic of Korea

Energies, 2023, vol. 16, issue 24, 1-15

Abstract: When solar panels reach end-of-life, the disposal of solar panel waste is an issue of concern because it creates environmental pollution if it is improperly disposed of. It is expected that such waste will probably be increasing as the widespread use of renewable energy is adopted by taking measures associated with carbon neutrality. Thus, accurate prediction of solar panel waste with future demands for renewable energy is urgently needed for sustainable waste management. This study examined the amounts of solar panels to be retried by 2050 under three scenarios (S1-BAU, S2, S3). The amounts of solar panels to be retired are estimated by using the PBM (population balance model) with the Weibull distribution. According to the carbon neutral scenario (S3), the total amounts of solar panels to be retired are anticipated to be around 172 kt in 2030, 932 kt in 2040, and 3146 kt in 2050. The total volume of retired solar panels was projected to be 168 kt in 2030, 820 kt in 2040, and 2331 kt in 2050 under the government-led scenario (S2). The average recovery of end-of-life solar panels produced by the three scenarios in 2050 is 1531 kt, 337 kt, 535 kt, and 22 kt for glass, aluminum, silicon, and copper, respectively. Economic benefits by resource recovery of retired solar panels in 2050 range from $25.6 million in S1 to $519.1 million in S3. Based on the sensitivity analysis with the weight of solar panel (5% and 10% reduction), the results indicated that the annual volumes of retired solar panels mostly fell within the range of 4.9% to 10.0% in 2050. To confirm the predicted volumes of retired solar panels in this study, a further study is warranted because they can be influenced by other factors (e.g., weight, technology development, early loss rate, or reuse and recycling options).

Keywords: solar panels; end-of-life solar panels; PBM; renewable energy; carbon neutrality (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
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.mdpi.com/1996-1073/16/24/8039/pdf (application/pdf)
https://www.mdpi.com/1996-1073/16/24/8039/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:16:y:2023:i:24:p:8039-:d:1299287

Access Statistics for this article

Energies is currently edited by Ms. Agatha Cao

More articles in Energies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().

 
Page updated 2025-03-19
Handle: RePEc:gam:jeners:v:16:y:2023:i:24:p:8039-:d:1299287