Assessing the Techno-Economic Impact of Derating Factors on Optimally Tilted Grid-Tied Photovoltaic Systems
Photovoltaic (PV) systems encounter substantial losses throughout their lifespan due to the different derating factors of PV modules. Those factors mainly vary according to the geographical location and PV panel characteristics. However, the available literature does not explicitly concentrate on th...
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| Format: | Article |
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MDPI AG
2021-02-01
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| Series: | Energies |
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| Online Access: | https://www.mdpi.com/1996-1073/14/4/1044 |
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| author | Hasan Masrur Keifa Vamba Konneh Mikaeel Ahmadi Kaisar R. Khan Mohammad Lutfi Othman Tomonobu Senjyu |
| author_facet | Hasan Masrur Keifa Vamba Konneh Mikaeel Ahmadi Kaisar R. Khan Mohammad Lutfi Othman Tomonobu Senjyu |
| author_sort | Hasan Masrur |
| collection | DOAJ |
| description | Photovoltaic (PV) systems encounter substantial losses throughout their lifespan due to the different derating factors of PV modules. Those factors mainly vary according to the geographical location and PV panel characteristics. However, the available literature does not explicitly concentrate on the technical and economic impact of the derating factors within the PV system. Owing to that necessity, this study performs a comprehensive analysis of various PV loss parameters followed by a techno-economic assessment of derating factors using the average value on a grid-connected and optimally tilted PV system located in Hatiya, Bangladesh. Some criteria linked to the derating factors such as PV degradation and ambient temperature are further explored to analyze their impact on the aforementioned power system. Simulation results show that PV power generation would vary around 12% annually, subject to a 10% variation in the derating factor. Again, a 10% difference in the derating factor changes the net present cost (NPC) by around 3% to 4%. The system provides the best technical performance concerning annual PV production, power trade with the grid, and the renewable fraction at a higher value of the derating factor since it represents a lower impact of the loss parameters. Similarly, the financial performance in terms of the NPC, levelized cost of energy (LCOE), and grid power exchange cost is found to be lower when the derating factor value is higher. |
| first_indexed | 2024-03-09T00:48:22Z |
| format | Article |
| id | doaj.art-296ecfe21deb4a1ab7b530f58e24bc3d |
| institution | Directory Open Access Journal |
| issn | 1996-1073 |
| language | English |
| last_indexed | 2024-03-09T00:48:22Z |
| publishDate | 2021-02-01 |
| publisher | MDPI AG |
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| series | Energies |
| spelling | doaj.art-296ecfe21deb4a1ab7b530f58e24bc3d2023-12-11T17:19:39ZengMDPI AGEnergies1996-10732021-02-01144104410.3390/en14041044Assessing the Techno-Economic Impact of Derating Factors on Optimally Tilted Grid-Tied Photovoltaic SystemsHasan Masrur0Keifa Vamba Konneh1Mikaeel Ahmadi2Kaisar R. Khan3Mohammad Lutfi Othman4Tomonobu Senjyu5Department of Electrical & Electronics Engineering, Faculty of Engineering, University of the Ryukyus, 1 Senbaru, Nishihara-cho, Nakagami, Okinawa 903-0213, JapanDepartment of Electrical & Electronics Engineering, Faculty of Engineering, University of the Ryukyus, 1 Senbaru, Nishihara-cho, Nakagami, Okinawa 903-0213, JapanDepartment of Electrical & Electronics Engineering, Faculty of Engineering, University of the Ryukyus, 1 Senbaru, Nishihara-cho, Nakagami, Okinawa 903-0213, JapanEversource Energy, Southborough, Boston, MA 02090, USAAdvanced Lightning and Power Energy Research (ALPER), Department of Electrical and Electronic Engineering, Faculty of Engineering, Universiti Putra Malaysia, Seri Kembangan 43400, Selangor, MalaysiaDepartment of Electrical & Electronics Engineering, Faculty of Engineering, University of the Ryukyus, 1 Senbaru, Nishihara-cho, Nakagami, Okinawa 903-0213, JapanPhotovoltaic (PV) systems encounter substantial losses throughout their lifespan due to the different derating factors of PV modules. Those factors mainly vary according to the geographical location and PV panel characteristics. However, the available literature does not explicitly concentrate on the technical and economic impact of the derating factors within the PV system. Owing to that necessity, this study performs a comprehensive analysis of various PV loss parameters followed by a techno-economic assessment of derating factors using the average value on a grid-connected and optimally tilted PV system located in Hatiya, Bangladesh. Some criteria linked to the derating factors such as PV degradation and ambient temperature are further explored to analyze their impact on the aforementioned power system. Simulation results show that PV power generation would vary around 12% annually, subject to a 10% variation in the derating factor. Again, a 10% difference in the derating factor changes the net present cost (NPC) by around 3% to 4%. The system provides the best technical performance concerning annual PV production, power trade with the grid, and the renewable fraction at a higher value of the derating factor since it represents a lower impact of the loss parameters. Similarly, the financial performance in terms of the NPC, levelized cost of energy (LCOE), and grid power exchange cost is found to be lower when the derating factor value is higher.https://www.mdpi.com/1996-1073/14/4/1044PV derating factortechno-economic analysisgrid-tied PVsimulation and optimization |
| spellingShingle | Hasan Masrur Keifa Vamba Konneh Mikaeel Ahmadi Kaisar R. Khan Mohammad Lutfi Othman Tomonobu Senjyu Assessing the Techno-Economic Impact of Derating Factors on Optimally Tilted Grid-Tied Photovoltaic Systems Energies PV derating factor techno-economic analysis grid-tied PV simulation and optimization |
| title | Assessing the Techno-Economic Impact of Derating Factors on Optimally Tilted Grid-Tied Photovoltaic Systems |
| title_full | Assessing the Techno-Economic Impact of Derating Factors on Optimally Tilted Grid-Tied Photovoltaic Systems |
| title_fullStr | Assessing the Techno-Economic Impact of Derating Factors on Optimally Tilted Grid-Tied Photovoltaic Systems |
| title_full_unstemmed | Assessing the Techno-Economic Impact of Derating Factors on Optimally Tilted Grid-Tied Photovoltaic Systems |
| title_short | Assessing the Techno-Economic Impact of Derating Factors on Optimally Tilted Grid-Tied Photovoltaic Systems |
| title_sort | assessing the techno economic impact of derating factors on optimally tilted grid tied photovoltaic systems |
| topic | PV derating factor techno-economic analysis grid-tied PV simulation and optimization |
| url | https://www.mdpi.com/1996-1073/14/4/1044 |
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