Cooling Effect on the Floating Solar PV: Performance and Economic Analysis on the Case of West Java Province in Indonesia
Solar photovoltaic technology is one of the most well established new and renewable energy technologies. Many researchers have undertaken wide research and development in this sector, including material and system design. To protect the exhaustion of global terrestrial land and to avoid the occupati...
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Format: | Article |
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MDPI AG
2020-04-01
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Series: | Energies |
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Online Access: | https://www.mdpi.com/1996-1073/13/9/2126 |
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author | Adimas Pradityo Sukarso Kyung Nam Kim |
author_facet | Adimas Pradityo Sukarso Kyung Nam Kim |
author_sort | Adimas Pradityo Sukarso |
collection | DOAJ |
description | Solar photovoltaic technology is one of the most well established new and renewable energy technologies. Many researchers have undertaken wide research and development in this sector, including material and system design. To protect the exhaustion of global terrestrial land and to avoid the occupation of extensive farmlands, solar photovoltaic (PV) developers, as well as policymakers, have pursued various solutions, including the development of floating solar PV (FPV). This study consists of a technological and economic perspective to analyze the floating solar PV system. The authors utilize remote sensing results to predict FPV efficiency and measure energy yield from the system while also developing an economics analysis on an FPV project by comparison with ground-based solar PV (GPV). The results from the remote sensing method found that the lake has a cooler temperature than the ground, with an annual difference of around 8 °C. FPV efficiency was also shown to be around 0.61% higher than GPV in terms of the prediction. FPV economic parameter comparison also resulted in 3.37 cents/kWh lower levelized cost of electricity (LCOE), and 6.08% higher internal rate of return (IRR) compared to GPV in the base scenario. |
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id | doaj.art-85b2efb986b24f8d8fbe4f2ba38820ea |
institution | Directory Open Access Journal |
issn | 1996-1073 |
language | English |
last_indexed | 2024-03-10T20:13:44Z |
publishDate | 2020-04-01 |
publisher | MDPI AG |
record_format | Article |
series | Energies |
spelling | doaj.art-85b2efb986b24f8d8fbe4f2ba38820ea2023-11-19T22:44:36ZengMDPI AGEnergies1996-10732020-04-01139212610.3390/en13092126Cooling Effect on the Floating Solar PV: Performance and Economic Analysis on the Case of West Java Province in IndonesiaAdimas Pradityo Sukarso0Kyung Nam Kim1KU-KIST Graduate School of Energy and Environment (Green School), Korea University, Seoul 02841, KoreaKU-KIST Graduate School of Energy and Environment (Green School), Korea University, Seoul 02841, KoreaSolar photovoltaic technology is one of the most well established new and renewable energy technologies. Many researchers have undertaken wide research and development in this sector, including material and system design. To protect the exhaustion of global terrestrial land and to avoid the occupation of extensive farmlands, solar photovoltaic (PV) developers, as well as policymakers, have pursued various solutions, including the development of floating solar PV (FPV). This study consists of a technological and economic perspective to analyze the floating solar PV system. The authors utilize remote sensing results to predict FPV efficiency and measure energy yield from the system while also developing an economics analysis on an FPV project by comparison with ground-based solar PV (GPV). The results from the remote sensing method found that the lake has a cooler temperature than the ground, with an annual difference of around 8 °C. FPV efficiency was also shown to be around 0.61% higher than GPV in terms of the prediction. FPV economic parameter comparison also resulted in 3.37 cents/kWh lower levelized cost of electricity (LCOE), and 6.08% higher internal rate of return (IRR) compared to GPV in the base scenario.https://www.mdpi.com/1996-1073/13/9/2126floating solar photovoltaicground-based solar photovoltaicremote sensingcooling effectperformance analysiseconomic analysis |
spellingShingle | Adimas Pradityo Sukarso Kyung Nam Kim Cooling Effect on the Floating Solar PV: Performance and Economic Analysis on the Case of West Java Province in Indonesia Energies floating solar photovoltaic ground-based solar photovoltaic remote sensing cooling effect performance analysis economic analysis |
title | Cooling Effect on the Floating Solar PV: Performance and Economic Analysis on the Case of West Java Province in Indonesia |
title_full | Cooling Effect on the Floating Solar PV: Performance and Economic Analysis on the Case of West Java Province in Indonesia |
title_fullStr | Cooling Effect on the Floating Solar PV: Performance and Economic Analysis on the Case of West Java Province in Indonesia |
title_full_unstemmed | Cooling Effect on the Floating Solar PV: Performance and Economic Analysis on the Case of West Java Province in Indonesia |
title_short | Cooling Effect on the Floating Solar PV: Performance and Economic Analysis on the Case of West Java Province in Indonesia |
title_sort | cooling effect on the floating solar pv performance and economic analysis on the case of west java province in indonesia |
topic | floating solar photovoltaic ground-based solar photovoltaic remote sensing cooling effect performance analysis economic analysis |
url | https://www.mdpi.com/1996-1073/13/9/2126 |
work_keys_str_mv | AT adimaspradityosukarso coolingeffectonthefloatingsolarpvperformanceandeconomicanalysisonthecaseofwestjavaprovinceinindonesia AT kyungnamkim coolingeffectonthefloatingsolarpvperformanceandeconomicanalysisonthecaseofwestjavaprovinceinindonesia |