LARGE-SCALE SOLAR PV LCOE COMPREHENSIVE BREAKDOWN METHODOLOGY
ABSTRACT This paper presents a breakdown cost methodology to evaluate Levelized Costs of Electricity for large-scale Photovoltaic (PV) plants. The breakdown is based on a comprehensive taxonomy to evaluate Investment Costs (IC) and Operation and Maintenance (O&M) expenditures. We added an IC dis...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Instituto Colombiano del Petróleo (ICP) - ECOPETROL S.A.
|
| Series: | CT&F Ciencia, Tecnología & Futuro |
| Subjects: | |
| Online Access: | http://www.scielo.org.co/scielo.php?script=sci_arttext&pid=S0122-53832017000200117&lng=en&tlng=en |
| _version_ | 1811180428895191040 |
|---|---|
| author | Alejandro Castillo-Ramírez Diego Mejía-Giraldo Nicolás Muñoz-Galeano |
| author_facet | Alejandro Castillo-Ramírez Diego Mejía-Giraldo Nicolás Muñoz-Galeano |
| author_sort | Alejandro Castillo-Ramírez |
| collection | DOAJ |
| description | ABSTRACT This paper presents a breakdown cost methodology to evaluate Levelized Costs of Electricity for large-scale Photovoltaic (PV) plants. The breakdown is based on a comprehensive taxonomy to evaluate Investment Costs (IC) and Operation and Maintenance (O&M) expenditures. We added an IC disaggregation level, called elements, on top of the five-component breakdown of the Energy Information Administration (EIA). In addition, a novel structure for disaggregating O&M costs is also proposed. The methodology is evaluated over a 20-MW and a 150-MW PV power plant hypothetically placed in the municipality of Uribia (Guajira Colombia). Also deterministic sensitivity analysis based on discount rate (WACC, Weighted Average Capital Cost), energy generated, O&M costs and IC is performed to aid investors in their decisions. |
| first_indexed | 2024-04-11T09:02:59Z |
| format | Article |
| id | doaj.art-9edad8b1adb748779b50cbf4a4630a26 |
| institution | Directory Open Access Journal |
| issn | 0122-5383 |
| language | English |
| last_indexed | 2024-04-11T09:02:59Z |
| publisher | Instituto Colombiano del Petróleo (ICP) - ECOPETROL S.A. |
| record_format | Article |
| series | CT&F Ciencia, Tecnología & Futuro |
| spelling | doaj.art-9edad8b1adb748779b50cbf4a4630a262022-12-22T04:32:43ZengInstituto Colombiano del Petróleo (ICP) - ECOPETROL S.A.CT&F Ciencia, Tecnología & Futuro0122-538371117126S0122-53832017000200117LARGE-SCALE SOLAR PV LCOE COMPREHENSIVE BREAKDOWN METHODOLOGYAlejandro Castillo-RamírezDiego Mejía-GiraldoNicolás Muñoz-GaleanoABSTRACT This paper presents a breakdown cost methodology to evaluate Levelized Costs of Electricity for large-scale Photovoltaic (PV) plants. The breakdown is based on a comprehensive taxonomy to evaluate Investment Costs (IC) and Operation and Maintenance (O&M) expenditures. We added an IC disaggregation level, called elements, on top of the five-component breakdown of the Energy Information Administration (EIA). In addition, a novel structure for disaggregating O&M costs is also proposed. The methodology is evaluated over a 20-MW and a 150-MW PV power plant hypothetically placed in the municipality of Uribia (Guajira Colombia). Also deterministic sensitivity analysis based on discount rate (WACC, Weighted Average Capital Cost), energy generated, O&M costs and IC is performed to aid investors in their decisions.http://www.scielo.org.co/scielo.php?script=sci_arttext&pid=S0122-53832017000200117&lng=en&tlng=enDesagregação do LCOEFotovoltaica em Grande EscalaCustos de InvestimentoCustos de Operação e ManutençãoIncentivosWACC |
| spellingShingle | Alejandro Castillo-Ramírez Diego Mejía-Giraldo Nicolás Muñoz-Galeano LARGE-SCALE SOLAR PV LCOE COMPREHENSIVE BREAKDOWN METHODOLOGY CT&F Ciencia, Tecnología & Futuro Desagregação do LCOE Fotovoltaica em Grande Escala Custos de Investimento Custos de Operação e Manutenção Incentivos WACC |
| title | LARGE-SCALE SOLAR PV LCOE COMPREHENSIVE BREAKDOWN METHODOLOGY |
| title_full | LARGE-SCALE SOLAR PV LCOE COMPREHENSIVE BREAKDOWN METHODOLOGY |
| title_fullStr | LARGE-SCALE SOLAR PV LCOE COMPREHENSIVE BREAKDOWN METHODOLOGY |
| title_full_unstemmed | LARGE-SCALE SOLAR PV LCOE COMPREHENSIVE BREAKDOWN METHODOLOGY |
| title_short | LARGE-SCALE SOLAR PV LCOE COMPREHENSIVE BREAKDOWN METHODOLOGY |
| title_sort | large scale solar pv lcoe comprehensive breakdown methodology |
| topic | Desagregação do LCOE Fotovoltaica em Grande Escala Custos de Investimento Custos de Operação e Manutenção Incentivos WACC |
| url | http://www.scielo.org.co/scielo.php?script=sci_arttext&pid=S0122-53832017000200117&lng=en&tlng=en |
| work_keys_str_mv | AT alejandrocastilloramirez largescalesolarpvlcoecomprehensivebreakdownmethodology AT diegomejiagiraldo largescalesolarpvlcoecomprehensivebreakdownmethodology AT nicolasmunozgaleano largescalesolarpvlcoecomprehensivebreakdownmethodology |