Assessing the Economic Impact of Introducing Localised PV Solar Energy Generation and Energy Storage for Fleet Electrification

Munoz, Maria Nunez; Ballantyne, Erica E. F.; Stone, D.A.

doi:10.3390/en16083570

Cited by 2 publications

(1 citation statement)

References 54 publications

(57 reference statements)

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“…Munoz et al [10] evaluated the economic benefits, if any, of PV and BESS installation for the case of a vehicle charging for a waste management depot. They explored two power connection scenarios: 0.15 and 0.6 MW.…”

Section: Review Of Cost Data For Solar Pv Wind Turbine and Bessmentioning

confidence: 99%

Assessing the Energy Generation and Economics of Combined Solar PV and Wind Turbine-Based Systems with and without Energy Storage—Scottish Perspective

Muneer,

Alam,

Dowell

2022

New Energy Exploit. Appl.

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Solar PV and wind energy conversion are now so economical that they compete head-on with all forms of fossil fuel and nuclear energy conversion. In view of climate change and the rising price of electricity due to wars, all governments are also facing popular policy pressures to rapidly switch to renewable energy. In this article, broad research questions are raised, and an attempt is made to provide answers in a logical manner. The questions may be categorized as being those related to the validation of fundamental data needed for the design of renewable energy (RE) systems, the long-term measured performance of those systems and the cost of RE electricity. Interest rates are rising rapidly in the current economic situation, and therefore, the present analysis is based on concurrent rates that are payable by borrowers. Measured data from a medium-sized solar PV and wind turbine facility that has been in operation for over a decade in Central Scotland has been used for this work. The main objectives of this article are: (a) to evaluate the manufacturer’s acclaimed performance, (b) to evaluate capacity factors for PV and wind conversion, and complementarily of solar and PV resources, and (c) to obtain the cost of electricity generation of PV and wind. The primary source for undertaking the above exercise was a decade long, measured dataset from an agricultural farm located in Central Scotland. Commercial PV design software was also used to cross check the presently undertaken analysis. The main conclusion was that a community-based wind/solar plant is much more economical than grid- purchased electricity. The novelty of the present work is that all conclusions that were drawn are based on long datasets of measured wind/solar plants. Keywords:climate change; energy modelling; electricity prices; wind and solar

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Section: Review Of Cost Data For Solar Pv Wind Turbine and Bessmentioning

confidence: 99%

Assessing the Energy Generation and Economics of Combined Solar PV and Wind Turbine-Based Systems with and without Energy Storage—Scottish Perspective

Muneer,

Alam,

Dowell

2022

New Energy Exploit. Appl.

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Navigating Sustainability: A Conceptual Exploration of Road Freight Decarbonisation

E. Ezenwa,

Oledinma,

Osei

et al. 2024

Advances in Logistics Engineering [Working Title]

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This chapter underscores the critical importance of embracing alternative fuels, specifically natural gas and hydrogen, as pivotal elements in the concerted effort to decarbonise road freight operations. It accentuates the necessity for collaborative, well-informed decision-making processes to navigate the complexities of this transition successfully. The exploration extends beyond technological considerations to encompass policy-driven initiatives adopted by nations like Norway, India, the USA, the UK, South Africa, and Germany, among others. Notably, it scrutinises instances of demonstrated economic viability associated with specific decarbonisation strategies employed in these regions. Moreover, the chapter advocates for sustained interdisciplinary research efforts to comprehensively address the diverse challenges posed by regional variations, industry-specific requirements, operational environments, cross-cultural influences, and the integration of sustainability metrics. By emphasising the importance of ongoing technological innovation, robust policy frameworks, and thoughtful economic considerations, the chapter envisions a global roadmap for sustainable road freight practices. In essence, it calls for a holistic approach, urging scholars, policymakers, and industry experts to collaboratively shape a sustainable future for road freight that addresses the intricate interplay of technological advancements, policy dynamics, and economic imperatives on a global scale.

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Assessing the Economic Impact of Introducing Localised PV Solar Energy Generation and Energy Storage for Fleet Electrification

Cited by 2 publications

References 54 publications

Assessing the Energy Generation and Economics of Combined Solar PV and Wind Turbine-Based Systems with and without Energy Storage—Scottish Perspective

Assessing the Energy Generation and Economics of Combined Solar PV and Wind Turbine-Based Systems with and without Energy Storage—Scottish Perspective

Navigating Sustainability: A Conceptual Exploration of Road Freight Decarbonisation

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