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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Main Authors: Adimas Pradityo Sukarso, Kyung Nam Kim
Format: Article
Language:English
Published: MDPI AG 2020-04-01
Series:Energies
Subjects:
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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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
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