Economic Analysis of a Grid Connected PV Systems: A Case Study in Khulna

Podder, Amit Kumer; Hasan, Md. Rakibul; Roy, N. K.; Komol, Md. Mostafizur Rahman

doi:10.24018/ejers.2018.3.7.795

Cited by 6 publications

(4 citation statements)

References 9 publications

(6 reference statements)

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“…In one study [39], only half of the systematic review included flow charts to provide insight into the process of study evaluation. The researcher assesses PUPR's 2022 Regulation's Technical Guidelines for renewable energy and explores alternative sources like microhydro and solar PV plants, as shown in Figure 3, and BIM modeling is necessary for cost calculations [40][41][42][43][44][45]. Furthermore, by referring to the research method explained in Figure 2 previously, the modeling simulation of the Blockchain-BIM method is required in this research; this is presented in Figure 4, which aims to prove its effectiveness, utilizing the network configuration that consists of components of contractors, owners, and Blockchain as a smart contract functionality.…”

Section: Methodsmentioning

confidence: 99%

Renewable Energy Approach with Indonesian Regulation Guide Uses Blockchain-BIM to Green Cost Performance

Husin,

Priyawan,

Kussumardianadewi

et al. 2023

Civ Eng J

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Climate change is a threat and crisis that hit the world today; one of them is causing drought, rising sea levels, melting polar ice, and heat waves; therefore, the target towards Net Zero Emission (NZE) in 2060 must be an obligation in all countries. Green Building (GB) is a building that meets Building Technical Standards, and has demonstrated demonstrable success in conserving resources such as water, energy, and other resources. The application of GB principles following the function and classification in every stage of their implementation is expected to reduce greenhouse gas emissions. This research aims to analyze the cost of improvement work based on GB assessment in applying the Technical Guidelines from Minister of Public Works and Public Housing (PUPR) No. 1 of 2022, which is the latest regulation in Indonesia. The blockchain-BIM method and the implementation of the GB component will be analyzed using Structural Equation Modeling-Partial Least Squares (SEM-PLS) to find the most influential factors. The results of this study show that by applying Blockchain-BIM to overcome the cost constraints, it is proven to be able to increase the cost performance of GB in modern shopping center buildings by 3–3.8% in the Basic rating, while for other ratings, it is 0.5–2.1% higher, where the selection of a renewable energy model is very influential. Doi: 10.28991/CEJ-2023-09-10-09 Full Text: PDF

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Section: Methodsmentioning

confidence: 99%

Renewable Energy Approach with Indonesian Regulation Guide Uses Blockchain-BIM to Green Cost Performance

Husin,

Priyawan,

Kussumardianadewi

et al. 2023

Civ Eng J

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“…While studying the feasibility, numerous parameters, like cost of energy (COE), net present cost (NPC), etc., are determined. The related expressions for determining COE and NPC are presented in [66] as…”

Section: Social Impact Analysismentioning

confidence: 99%

NPC = TAC / CRF (i, R_{pro}),

COE = \frac{TAC}{E_{prim, AC} + E_{prim, DC}},

where TAC , CRF , i and

R_{pro}

, E prim, AC, and E prim, DC presents the total annualised cost, capital recovery factor, the interest rate and project lifetime, AC primary served load, and DC primary served load, respectively. The COE and NPC of the system vary from one to another, depending on the system size.…”

Section: Review Of the Feasibility Study In Bangladeshmentioning

confidence: 99%

A chronological review of prospects of solar photovoltaic systems in Bangladesh: Feasibility study analysis, policies, barriers, and recommendations

Podder

Habibullah

Roy

et al. 2021

IET Renewable Power Gen

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The main focus of this paper is to present the current prospects, potentials, research activities, future concerns, and applications of solar photovoltaic (PV) systems in Bangladesh. Despite the existence of several articles in the literature on solar energy prospects in Bangladesh, the diffusion of several solar PV applications throughout the country, their rapid progress analysis, and existing feasibility study outcome analysis are still unrevealed. Therefore, an endeavour has been made for the first time to condense the government and non-government contributions to disseminating solar energy throughout the country. Twenty-one feasibility studies at different locations of Bangladesh are reviewed and analysed, in terms of financial viability, sensitivity analysis, and greenhouse gas emissions, to foresee the prospects of solar energy in Bangladesh. Sensitivity analyses are performed, with six sensitivity variables, which reveal that the total net present cost of the solar project implementation may be increased by 20% (maximum) in the lowest solar potential area than the highest one with an average payback period of 13 years. This paper also identifies the policy gaps, classifies the barriers into eight categories, and discusses the conceivable approaches to defeat those barriers, followed by recommendations in six different aspects. INTRODUCTIONElectricity is an essential prerequisite for the sustainable advancement and modern progress of the world [1]. Its utilisation is expanding worldwide with the pace of technological development and quick urbanisation. The global primary energy consumption increases to 13,946.2 million tonnes of oil equivalent (Mtoe) in 2019 from the energy consumption of 11,531.96 Mtoe in 2009, which shows a rapid increment in the demand during the gap of 10 years [2]. Oil represents the most noteworthy contribution of 33.1%, followed by coal (27%) and natural gas (24.2%) among the available energy resources [2]. International Energy Agency (IEA) [3] expected that the supplies of coal, oil, and natural gas would be depleted by 122, 42, and 60 years, individually [4]. Therefore, there is a global need to search for alternative energy sources. It is anticipated that from the year 2011 to 2030, the worldwide essential energy utilisation will increase by 36% with aThis is an open access article under the terms of the Creative Commons Attribution License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited.

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“…It indicates the profitability of a project. The PP should not be higher than a lifetime in years for a successful project [40].…”

Section: Ppmentioning

confidence: 99%

Feasibility Assessment of Hybrid Solar Photovoltaic-Biogas Generator Based Charging Station: A Case of Easy Bike and Auto Rickshaw Scenario in a Developing Nation

et al. 2021

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The popularity of electric vehicles (EVs) is increasing day by day in the modern world. The charging of EVs from grid-connected charging stations causes a considerable power crisis in the grid. Integrating renewable energy resources (RESs) with conventional energy sources in the power grid is now considered feasible to reduce peak power demand and the inevitable emission effect. Hence, this paper presents an energy solution for EV charging with two RESs, namely, solar photovoltaic (PV) and biogas. HOMER software is utilized to analyze the potency and functionality of solar PV and biogas-based EV charging stations. The proposed system consists of a solar PV system, two biogas engine generators, and a bidirectional converter with battery storage. The variation of different costs, such as net present cost (NPC), initial cost, and cost of energy (COE) for different solar PV systems (3 kW, 4.5 kW, 6 kW, and 9 kW), are analyzed in HOMER software. The 4.5 kW solar PV system is finally selected as the NPC, initial cost, and COE are $93,530, $19,735, and $0.181, respectively, which is efficient. The system’s lifetime is 25 years, where an initial 12 years is required to overcome the system cost, and the remaining 13 years will provide financial benefits. The study also illustrates the effect of solar irradiance, biomass, and the change in the load of the energy management system. The techno–economic analysis shows that the proposed scheme can be an effective energy solution. The emission of greenhouse gases (GHGs), such as CO2, CO, SO2, and NOX, is reduced considerably compared to other existing techniques. The study is expected to be beneficial in renewables-based EV charging systems with techno–economic and environmental feasibility.

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Economic Analysis of a Grid Connected PV Systems: A Case Study in Khulna

Cited by 6 publications

References 9 publications

Renewable Energy Approach with Indonesian Regulation Guide Uses Blockchain-BIM to Green Cost Performance

Renewable Energy Approach with Indonesian Regulation Guide Uses Blockchain-BIM to Green Cost Performance

A chronological review of prospects of solar photovoltaic systems in Bangladesh: Feasibility study analysis, policies, barriers, and recommendations

Feasibility Assessment of Hybrid Solar Photovoltaic-Biogas Generator Based Charging Station: A Case of Easy Bike and Auto Rickshaw Scenario in a Developing Nation

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