Comparison of Payback Periods of Solar Power Plant in Türkiye and Europe
The importance of energy in the world is increasing day by day. Most of the countries’ energy needs are met by fossil fuels. Due to the depletion of fossil fuels, their increasing prices and the damage they cause to the environment, researchers have turned to alternative energy sources. The demand f...
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Düzce University
2023-12-01
|
| Series: | Düzce Üniversitesi Bilim ve Teknoloji Dergisi |
| Subjects: | |
| Online Access: | https://dergipark.org.tr/tr/download/article-file/3533578 |
| _version_ | 1826544725264433152 |
|---|---|
| author | Mohannad Gyam İlhan Ceylan Ali Etem Gürel Gökhan Yıldız |
| author_facet | Mohannad Gyam İlhan Ceylan Ali Etem Gürel Gökhan Yıldız |
| author_sort | Mohannad Gyam |
| collection | DOAJ |
| description | The importance of energy in the world is increasing day by day. Most of the countries’ energy needs are met by fossil fuels. Due to the depletion of fossil fuels, their increasing prices and the damage they cause to the environment, researchers have turned to alternative energy sources. The demand for renewable energy sources as alternative energy has increased significantly in recent years. Solar energy is one of the most popular and widely used energy sources among renewable energy sources all over the world. For this reason, efforts are being made to increase the use of solar energy in Türkiye and European countries. Although the amount of solar radiation in Türkiye is high, it has not reached the expected levels. In this study, the payback periods (PBP) of a 1 MW solar power plant (SPP) connected to the grid between Türkiye and European countries were compared. It is assumed that the compared countries use monocrystalline solar panels with an efficiency of 22.6% at their specific solar radiation values. Additionally, due to the impact of the Russia-Ukraine war on energy prices, the PBP of the SPP was determined based on two scenarios. According to the results, in the first scenario, the highest PBP is in Karaman with 2.75 years, followed by Türkiye with 3.17 years. PBPs in Spain, France and Germany are calculated as 3.6, 5.6 and 5.7 years, respectively. In second scenario (after the Russia-Ukraine war), the highest PBPs were determined as Germany with 2.22 years and France with 3.27 years. PBPs in Spain, Karaman and Türkiye were determined as 2.41, 2.75 and 3.17 years,respectively. |
| first_indexed | 2024-03-07T23:10:37Z |
| format | Article |
| id | doaj.art-04fcf6f5206a4fd5a2ae2a2190331cb6 |
| institution | Directory Open Access Journal |
| issn | 2148-2446 |
| language | English |
| last_indexed | 2025-03-14T05:06:32Z |
| publishDate | 2023-12-01 |
| publisher | Düzce University |
| record_format | Article |
| series | Düzce Üniversitesi Bilim ve Teknoloji Dergisi |
| spelling | doaj.art-04fcf6f5206a4fd5a2ae2a2190331cb62025-03-06T18:57:26ZengDüzce UniversityDüzce Üniversitesi Bilim ve Teknoloji Dergisi2148-24462023-12-011152419244410.29130/dubited.138995697Comparison of Payback Periods of Solar Power Plant in Türkiye and EuropeMohannad Gyam0https://orcid.org/0000-0002-5436-5166İlhan Ceylan1https://orcid.org/0000-0002-6128-2318Ali Etem Gürel2https://orcid.org/0000-0003-1430-8041Gökhan Yıldız3https://orcid.org/0000-0001-6039-9226KARABÜK ÜNİVERSİTESİKARABÜK ÜNİVERSİTESİDÜZCE ÜNİVERSİTESİDÜZCE ÜNİVERSİTESİThe importance of energy in the world is increasing day by day. Most of the countries’ energy needs are met by fossil fuels. Due to the depletion of fossil fuels, their increasing prices and the damage they cause to the environment, researchers have turned to alternative energy sources. The demand for renewable energy sources as alternative energy has increased significantly in recent years. Solar energy is one of the most popular and widely used energy sources among renewable energy sources all over the world. For this reason, efforts are being made to increase the use of solar energy in Türkiye and European countries. Although the amount of solar radiation in Türkiye is high, it has not reached the expected levels. In this study, the payback periods (PBP) of a 1 MW solar power plant (SPP) connected to the grid between Türkiye and European countries were compared. It is assumed that the compared countries use monocrystalline solar panels with an efficiency of 22.6% at their specific solar radiation values. Additionally, due to the impact of the Russia-Ukraine war on energy prices, the PBP of the SPP was determined based on two scenarios. According to the results, in the first scenario, the highest PBP is in Karaman with 2.75 years, followed by Türkiye with 3.17 years. PBPs in Spain, France and Germany are calculated as 3.6, 5.6 and 5.7 years, respectively. In second scenario (after the Russia-Ukraine war), the highest PBPs were determined as Germany with 2.22 years and France with 3.27 years. PBPs in Spain, Karaman and Türkiye were determined as 2.41, 2.75 and 3.17 years,respectively.https://dergipark.org.tr/tr/download/article-file/3533578güneş enerjisifotovoltaikgeri ödeme süresigüneş enerjisi potansiyelisolar energyphotovoltaicpayback periodsolar energy potential |
| spellingShingle | Mohannad Gyam İlhan Ceylan Ali Etem Gürel Gökhan Yıldız Comparison of Payback Periods of Solar Power Plant in Türkiye and Europe Düzce Üniversitesi Bilim ve Teknoloji Dergisi güneş enerjisi fotovoltaik geri ödeme süresi güneş enerjisi potansiyeli solar energy photovoltaic payback period solar energy potential |
| title | Comparison of Payback Periods of Solar Power Plant in Türkiye and Europe |
| title_full | Comparison of Payback Periods of Solar Power Plant in Türkiye and Europe |
| title_fullStr | Comparison of Payback Periods of Solar Power Plant in Türkiye and Europe |
| title_full_unstemmed | Comparison of Payback Periods of Solar Power Plant in Türkiye and Europe |
| title_short | Comparison of Payback Periods of Solar Power Plant in Türkiye and Europe |
| title_sort | comparison of payback periods of solar power plant in turkiye and europe |
| topic | güneş enerjisi fotovoltaik geri ödeme süresi güneş enerjisi potansiyeli solar energy photovoltaic payback period solar energy potential |
| url | https://dergipark.org.tr/tr/download/article-file/3533578 |
| work_keys_str_mv | AT mohannadgyam comparisonofpaybackperiodsofsolarpowerplantinturkiyeandeurope AT ilhanceylan comparisonofpaybackperiodsofsolarpowerplantinturkiyeandeurope AT alietemgurel comparisonofpaybackperiodsofsolarpowerplantinturkiyeandeurope AT gokhanyıldız comparisonofpaybackperiodsofsolarpowerplantinturkiyeandeurope |