Real evaluation of the economic parameters of a solar power plant in Chaharmahal and Bakhtiari province
الموضوعات :
Abbas Jamshidi Gahrouei
1
,
Mojtaba Falah
2
1 - Senior Electrical Expert, Electricity Distribution Company of Chaharmahal and Bakhtiari Province
2 - Senior Accounting Expert, Electricity Distribution Company of Chaharmahal and Bakhtiari Province, Shahrekord, Iran
الکلمات المفتاحية: economic evaluation, Net present value (NPV), renewable energy, photovoltaic electricity,
ملخص المقالة :
Solar energy is one of the most important types of renewable energy in Iran. Solar systems are more acceptable in Iran due to their availability. In this article, the economic indicators of a Kw400 power plant in Iran are discussed. Regarding the investments of this sector, we have examined all the costs of the construction of the power plant and using the main analysis and profit analysis techniques, we evaluate and make economic calculations. Computer results have been evaluated as 25% and 30% discount and 40% inflation. The capital return rate of this power plant is 25.09% and the payback period of this power plant is 9 years. NPV with a 25% discount in the ninth year is 845.35 million Rials and with a 30% discount rate, it is 26809.88 million Rials. Also, the internal rate of return is calculated as IRR = 25.08%.
1] Hosseinzadeh, M. and Afshar, R., 2006, Renewable Energy, Geological Journal, Vol. 12, No. 2, PP. 53-45. (in Persian)
[2] Y. El Mghouchi, A. El Bouardi, Z. Choulli, T. Ajzoul, Models for obtaining the daily direct, diffuse and global solar radiations,Renewable and Sustainable Energy Reviews, Volume 56,2016,Pages 87-99
[3] Mohd Zainal Abidin Ab Kadir, Yaaseen Rafeeu, Nor Mariah Adam,Prospective scenarios for the full solar energy development in Malaysia, Renewable and Sustainable Energy Reviews, Volume 14, Issue 9, 2010, Pages 3023-3031
[4] Roozbeh Kardooni, Sumiani Binti Yusoff, Fatimah Binti Kari, Renewable energy technology acceptance in Peninsular Malaysia, Energy Policy, Volume 88, 2016, Pages 1-10
[5] Salsabila Ahmad, Mohd Zainal Abidin Ab Kadir, Suhaidi Shafie, perspective of the renewable energy development in Malaysia, Renewable and Sustainable Energy Reviews, Volume 15, Issue 2, 2011,Pages 897-904
[6] Pedro M.S. Carvalho, Pedro F. Correia, Luis A.F.M. Ferreira Distributed reactive power generation control for voltage rise mitigation in distribution networks IEEE Trans. Power Syst., 23 (2) (2008), pp. 766-772
[7] Wei Fu Su, Shyh Jier Huang, Chin E. Lin Economic analysis for demand-side hybrid photovoltaic and battery energy storage system IEEE Trans. Ind. Appl., 37 (1) (2001), pp. 171-177
[8] E. A. Setiawan and F. Yuliani, “Analysis of Solar Photovoltaic Utilization in Industrial Sector for Improving Competitiveness in the Smartgrid”.
[9] Halabi, L. M., Mekhilef, S., Olatomiwa, L., & Hazelton, J. (2017). Performance analysis of hybrid PV/diesel/battery system using HOMER: A case study Sabah, Malaysia. Energy Conversion and Management, 144(2), 322–339. https://doi.org/10.1016/j.enconman.2017.04.070.
[10] V. Motjoadi, K. E. Adetunji and P. Meera K. Joseph, "Planning of a sustainable microgrid system using HOMER software," 2020 Conference on Information Communications Technology and Society (ICTAS), Durban, South Africa, 2020, pp. 1-5, doi: 10.1109/ICTAS47918.2020.233986.
[11] ndoti, S., Muralidhar, M. & Kiranmayi, R. Techno-economic analysis of off-grid solar/wind/biogas/biomass/fuel cell/battery system for electrification in a cluster of villages by HOMER software. Environ Dev Sustain 23, 351–372 (2021). https://doi.org/10.1007/s10668-019-00583-2
[12] Mansoor Urf Manoo, Faheemullah Shaikh, Laveet Kumar, Müslüm Arıcı, Comparative techno-economic analysis of various stand-alone and grid connected (solar/wind/fuel cell) renewable energy systems, International Journal of Hydrogen Energy, Volume 52, Part A, 2024, Pages 397-414
[13] Gu, Y., et al., Techno-economic analysis of a solar photovoltaic/thermal (PV/T) concentrator for building application in Sweden using Monte Carlo method, Energy Conversion and Management, 165, 2018, 8-24.
[14] CBI. Available from: https://cbi.ir/default_en.aspx.
[15] Ja'fari, H., Sattari, S., Mashayekhi, M., Energy efficiency in equipment and installation systems, 2011.
[16] Ramos, A., et al., Hybrid photovoltaic-thermal solar systems for combined heating, cooling and power provision in the urban environment, Energy Conversion and Management, 150, 2017, 838-850.
[17] Chandrasekar. B, Tara. C. Kandpal. (2010). "An Opinion Survey Based Assessment of Renewable Energy Technology Development in India". Renewable and Sustainable EnergyReviews (11): 688-701
[18] McEachern, William (2012). Economics: A Contemporary Introduction. Mason, Ohio: South-Western Cengage Learning. p. 158. ISBN 0-538-45374-5.
[19] Schwartz, Robert (2010). Micro Markets: A Market Structure Approach to Microeconomic Analysis. Hoboken, New Jersey: John Wiley & Sons, 2010. p. 202. ISBN 0-470-44765-6.
