Abstract:The increase in energy demand in Brazil encourages the country to increasingly invest in generation of electric energy, where the demand for other renewable sources increases gradually because they have a lower impact on the environment. The use of Grid-Connected Photovoltaic Systems (GCPVS) is a viable solution for the country, since it presents favorable natural conditions for the use of solar energy. This study approaches the current scenario of three photovoltaic systems installed in Curitiba in 2016 and p… Show more
“…In order to evaluate the performance of GO and Neoville's systems, the figures of merit were adopted to compare PV systems installed in different locations through the irradiation indexes in the PV array plane and the energy produced by the system based on installed power. This analysis presents a history of annual performance and is complementary to the studies conducted by [9], in addition to confronting them with others systems in operation in the country.…”
“…In order to evaluate the performance of GO and Neoville's systems, the figures of merit were adopted to compare PV systems installed in different locations through the irradiation indexes in the PV array plane and the energy produced by the system based on installed power. This analysis presents a history of annual performance and is complementary to the studies conducted by [9], in addition to confronting them with others systems in operation in the country.…”
The introduction of environmental impact targets around the world has highlighted the need to adopt alternative sources of energy, which can supply the demand and mitigate the damage caused to the environment. Solar energy is one of the main sources of alternative energy, and is considered an abundant source of clean energy. However, to facilitate and encourage investors interested in the installation of photovoltaic energy systems for electricity production, it is essential to evaluate the factors that impact the economic viability of the projects. Therefore, the objective of this research is to present a systematic analytical framework, in order to identify and analyze the main factors that impact the financial feasibility of projects for the installation of photovoltaic energy plants. For this purpose, a systematic literature review was carried out, analyzing the main studies related to the topic and identifying the main factors that may financially affect investments in photovoltaic energy systems. From this review, 29 influencing factors were identified and separated into five categories, namely, location, economic, political, climatic and environmental, and technical factors. The main factors highlighted are the investment cost, power generation, operation and maintenance costs, solar radiation, lifetime, energy tariff, efficiency, electricity consumption, and interest and taxes. The results may assist policy makers, investors, researchers, and other stakeholders to identify the key factors that are being examined in the literature, and to evaluate which ones should be considered in their study to ensure the sustainable development of power generation through the solar source.
Purpose: This paper presents a systematic literature review regarding economic feasibility studies and photovoltaic solar energy production.
Methodology/Approach: To this end, publications from 2015 to 2019 were collected in two journal databases: Web of Science and Science Direct. In order to create a corpus more relevant to the aim of this research, a selection among the papers found was made respecting some established filters. Subsequently this refinement, the resulting corpus consisted of seventeen papers.
Findings: A current matter discussed by the researchers was identified, regarding the study on the best photovoltaic system to be used for each user: whether batteries are the best option as a storage source, or the connection of the system to the network is the most adequate guarantee to meet demand.
Research Limitation/implication: This review gives the present study a characteristic of bringing together what, within the mentioned period and in the searched bases, has been approached in different works that deal with the economic feasibility analysis regarding the photovoltaic solar energy production.
Originality/Value of paper: can support the implementation of solar systems in peripheral locations where the technology is still little used.
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