Feasibility study of a 400kW PV power plant via virtual net metering scheme for the Center of Social Welfare of Eastern Macedonia and Thrace
This article presents a design of virtual net metering solar system connected to the grid in order to minimize the amount of money that they spend on energy from the Center of Social Welfare of Eastern Macedonia and Thrace. Both the design and the simulations were realized using the RETScreen Clean...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Editura Universităţii din Oradea
2021-05-01
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| Series: | Journal of Electrical and Electronics Engineering |
| Subjects: | |
| Online Access: | http://electroinf.uoradea.ro/images/articles/CERCETARE/Reviste/JEEE/JEEE_V14_N1_MAY_2021/JEEE%20Fantidis.pdf |
| _version_ | 1827996355870588928 |
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| author | TSAKALOS George THYSIADOU Anna FANTIDIS Jacob |
| author_facet | TSAKALOS George THYSIADOU Anna FANTIDIS Jacob |
| author_sort | TSAKALOS George |
| collection | DOAJ |
| description | This article presents a design of virtual net metering solar system connected to the grid in order to minimize the amount of money that they spend on energy from the Center of Social Welfare of Eastern Macedonia and Thrace. Both the design and the simulations were realized using the RETScreen Clean Energy Project Analysis Software. According to the results of the simulation the pre-tax internal rate of return on assets is 31%, the simple payback period is approximately 3.3 years. From environmental point of view, the use of the proposed power plant will minimize the quantity of the greenhouse gas by 234.6 tons in annual base. |
| first_indexed | 2024-04-10T05:10:52Z |
| format | Article |
| id | doaj.art-c4285dfc4d744907a0cbf0c34920ff24 |
| institution | Directory Open Access Journal |
| issn | 1844-6035 2067-2128 |
| language | English |
| last_indexed | 2024-04-10T05:10:52Z |
| publishDate | 2021-05-01 |
| publisher | Editura Universităţii din Oradea |
| record_format | Article |
| series | Journal of Electrical and Electronics Engineering |
| spelling | doaj.art-c4285dfc4d744907a0cbf0c34920ff242023-03-09T08:43:29ZengEditura Universităţii din OradeaJournal of Electrical and Electronics Engineering1844-60352067-21282021-05-011414447Feasibility study of a 400kW PV power plant via virtual net metering scheme for the Center of Social Welfare of Eastern Macedonia and ThraceTSAKALOS George0THYSIADOU Anna1FANTIDIS Jacob2International Hellenic University, GreeceInternational Hellenic University, GreeceInternational Hellenic University, GreeceThis article presents a design of virtual net metering solar system connected to the grid in order to minimize the amount of money that they spend on energy from the Center of Social Welfare of Eastern Macedonia and Thrace. Both the design and the simulations were realized using the RETScreen Clean Energy Project Analysis Software. According to the results of the simulation the pre-tax internal rate of return on assets is 31%, the simple payback period is approximately 3.3 years. From environmental point of view, the use of the proposed power plant will minimize the quantity of the greenhouse gas by 234.6 tons in annual base.http://electroinf.uoradea.ro/images/articles/CERCETARE/Reviste/JEEE/JEEE_V14_N1_MAY_2021/JEEE%20Fantidis.pdffeasibilitypv power plantvirtual net meteringretscreen software |
| spellingShingle | TSAKALOS George THYSIADOU Anna FANTIDIS Jacob Feasibility study of a 400kW PV power plant via virtual net metering scheme for the Center of Social Welfare of Eastern Macedonia and Thrace Journal of Electrical and Electronics Engineering feasibility pv power plant virtual net metering retscreen software |
| title | Feasibility study of a 400kW PV power plant via virtual net metering scheme for the Center of Social Welfare of Eastern Macedonia and Thrace |
| title_full | Feasibility study of a 400kW PV power plant via virtual net metering scheme for the Center of Social Welfare of Eastern Macedonia and Thrace |
| title_fullStr | Feasibility study of a 400kW PV power plant via virtual net metering scheme for the Center of Social Welfare of Eastern Macedonia and Thrace |
| title_full_unstemmed | Feasibility study of a 400kW PV power plant via virtual net metering scheme for the Center of Social Welfare of Eastern Macedonia and Thrace |
| title_short | Feasibility study of a 400kW PV power plant via virtual net metering scheme for the Center of Social Welfare of Eastern Macedonia and Thrace |
| title_sort | feasibility study of a 400kw pv power plant via virtual net metering scheme for the center of social welfare of eastern macedonia and thrace |
| topic | feasibility pv power plant virtual net metering retscreen software |
| url | http://electroinf.uoradea.ro/images/articles/CERCETARE/Reviste/JEEE/JEEE_V14_N1_MAY_2021/JEEE%20Fantidis.pdf |
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