Economic evaluation of a stand alone pv system for a residential household in Malaysia

The price of crude oil has risen from a low of US$ 2 per barrel to a high of US$ 92.40 (as at 1st February 2008). This resulted in searching for an alternative energy source. Since Malaysia lies entirely in the equatorial region with an average daily solar radiation of 4,500kWh/m2, with sunshine dur...

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Main Author:	Appadu @ Applasamy, Vigneswaran
Format:	Thesis
Language:	English
Published:	2008
Subjects:	TK Electrical engineering Electronics Nuclear engineering TX Home economics
Online Access:	http://eprints.utm.my/id/eprint/9672/2/VigneswaranAppaduMFKE2008.pdf
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id	my-utm-ep.9672
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spelling	my-utm-ep.96722018-07-23T05:36:45Z Economic evaluation of a stand alone pv system for a residential household in Malaysia 2008-05 Appadu @ Applasamy, Vigneswaran TK Electrical engineering. Electronics Nuclear engineering TX Home economics The price of crude oil has risen from a low of US$ 2 per barrel to a high of US$ 92.40 (as at 1st February 2008). This resulted in searching for an alternative energy source. Since Malaysia lies entirely in the equatorial region with an average daily solar radiation of 4,500kWh/m2, with sunshine duration of about 12 hours, solar photovoltaic system is applicable to be used as an alternative primary energy to replace the conventional system. The purpose of this study is to investigate the cost per kilowatt hour for a stand-alone photovoltaic system supplying energy to a typical household of four applying life-cycle costing (LCC) method of analysis. RETScreen software is used to determine cost of developing a stand-alone photovoltaic system while taking into account the cost per watt of the photovoltaic cells, efficiency and all factors contributing to the output power generated from these cells while doing likewise to the balance of the system which includes the battery storage, charge controller and inverter. The temperature and irradiation effect towards the out power is interpreted using RETScreen. These data are obtained form the Meteorological Department in Petaling Jaya. The effects of which towards the various photovoltaic technologies are thoroughly studied. LCC is applied to determine the cost per kilowatt hour of energy generated more accurately taking into consideration the inflation and interest rates for the next 25 years. With this, a more reliable cost comparison between the cost of energy generated from stand-alone photovoltaic system and power supplied from Tenaga Nasional Berhad can be compared. From this investigation, although stand alone photovoltaic system provides several advantages from the environmental point of view, the major drawback is the fact that it costs ten times more than the cost of conservative energy. The price of energy for a standalone photovoltaic system ranges from RM 5.20/kWh for cadmium telluride to RM 5.32/kWh for amorphous silicon with an average of RM 5.26/kWh taking into account all five PV technologies. 2008-05 Thesis http://eprints.utm.my/id/eprint/9672/ http://eprints.utm.my/id/eprint/9672/2/VigneswaranAppaduMFKE2008.pdf application/pdf en public masters Universiti Teknologi Malaysia, Faculty of Electrical Engineering Faculty of Electrical Engineering
institution	Universiti Teknologi Malaysia
collection	UTM Institutional Repository
language	English
topic	TK Electrical engineering Electronics Nuclear engineering TX Home economics
spellingShingle	TK Electrical engineering Electronics Nuclear engineering TX Home economics Appadu @ Applasamy, Vigneswaran Economic evaluation of a stand alone pv system for a residential household in Malaysia
description	The price of crude oil has risen from a low of US$ 2 per barrel to a high of US$ 92.40 (as at 1st February 2008). This resulted in searching for an alternative energy source. Since Malaysia lies entirely in the equatorial region with an average daily solar radiation of 4,500kWh/m2, with sunshine duration of about 12 hours, solar photovoltaic system is applicable to be used as an alternative primary energy to replace the conventional system. The purpose of this study is to investigate the cost per kilowatt hour for a stand-alone photovoltaic system supplying energy to a typical household of four applying life-cycle costing (LCC) method of analysis. RETScreen software is used to determine cost of developing a stand-alone photovoltaic system while taking into account the cost per watt of the photovoltaic cells, efficiency and all factors contributing to the output power generated from these cells while doing likewise to the balance of the system which includes the battery storage, charge controller and inverter. The temperature and irradiation effect towards the out power is interpreted using RETScreen. These data are obtained form the Meteorological Department in Petaling Jaya. The effects of which towards the various photovoltaic technologies are thoroughly studied. LCC is applied to determine the cost per kilowatt hour of energy generated more accurately taking into consideration the inflation and interest rates for the next 25 years. With this, a more reliable cost comparison between the cost of energy generated from stand-alone photovoltaic system and power supplied from Tenaga Nasional Berhad can be compared. From this investigation, although stand alone photovoltaic system provides several advantages from the environmental point of view, the major drawback is the fact that it costs ten times more than the cost of conservative energy. The price of energy for a standalone photovoltaic system ranges from RM 5.20/kWh for cadmium telluride to RM 5.32/kWh for amorphous silicon with an average of RM 5.26/kWh taking into account all five PV technologies.
format	Thesis
qualification_level	Master's degree
author	Appadu @ Applasamy, Vigneswaran
author_facet	Appadu @ Applasamy, Vigneswaran
author_sort	Appadu @ Applasamy, Vigneswaran
title	Economic evaluation of a stand alone pv system for a residential household in Malaysia
title_short	Economic evaluation of a stand alone pv system for a residential household in Malaysia
title_full	Economic evaluation of a stand alone pv system for a residential household in Malaysia
title_fullStr	Economic evaluation of a stand alone pv system for a residential household in Malaysia
title_full_unstemmed	Economic evaluation of a stand alone pv system for a residential household in Malaysia
title_sort	economic evaluation of a stand alone pv system for a residential household in malaysia
granting_institution	Universiti Teknologi Malaysia, Faculty of Electrical Engineering
granting_department	Faculty of Electrical Engineering
publishDate	2008
url	http://eprints.utm.my/id/eprint/9672/2/VigneswaranAppaduMFKE2008.pdf
_version_	1747814773711437824

Economic evaluation of a stand alone pv system for a residential household in Malaysia

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