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Techno-economic feasibility analysis of a 3-kW PV system installation in Nepal

RAMHARI POUDYAL, Pavel Loskot, Ranjan Parajuli

Renewables: Wind, Water, and Solar, Volume: 8, Issue: 1

Swansea University Author: RAMHARI POUDYAL

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Abstract

This study investigates the techno-economic feasibility of installing a 3-kilowatt-peak (kWp) photovoltaic (PV) systemin Kathmandu, Nepal. The study also analyses the importance of scaling up the share of solar energy to contribute to the country’s overall energy generation mix. The technical viabil...

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Published in: Renewables: Wind, Water, and Solar
ISSN: 2198-994X
Published: Springer Science and Business Media LLC 2021
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URI: https://cronfa.swan.ac.uk/Record/cronfa59689
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spelling 2022-04-26T11:37:26.1215401 v2 59689 2022-03-22 Techno-economic feasibility analysis of a 3-kW PV system installation in Nepal 59ee91ad8342a7827c208d4835905ae4 RAMHARI POUDYAL RAMHARI POUDYAL true false 2022-03-22 This study investigates the techno-economic feasibility of installing a 3-kilowatt-peak (kWp) photovoltaic (PV) systemin Kathmandu, Nepal. The study also analyses the importance of scaling up the share of solar energy to contribute to the country’s overall energy generation mix. The technical viability of the designed PV system is assessed using PVsyst and Meteonorm simulation software. The performance indicators adopted in our study are the electric energy output, performance ratio, and the economic returns including the levelised cost and the net present value of energy production. The key parameters used in simulations are site-specifc meteorological data, solar irradiance, PV capacity factor, and the price of electricity. The achieved PV system effciency and the performance ratio are 17% and 84%, respectively. The demand–supply gap has been estimated assuming the load profile of a typical household in Kathmandu under the enhanced use of electric appliances. Our results show that the 3-kWp PV system can generate 100% of electricity consumed by a typical residential household in Kathmandu. The calculated levelised cost of energy for the PV system considered is 0.06 $/kWh, and the corresponding rate of investment is 87%. The payback period is estimated to be 8.6 years. The installation of the designed solar PV system could save 10.33 tons of CO2 emission over its lifetime. Overall, the PV systems with 3 kWp capacity appear to be a viable solution to secure a suffcient amount of electricity for most households in Kathmandu city Journal Article Renewables: Wind, Water, and Solar 8 1 Springer Science and Business Media LLC 2198-994X PV system, solar energy, Nepal 27 6 2021 2021-06-27 10.1186/s40807-021-00068-9 Case Study COLLEGE NANME COLLEGE CODE Swansea University SU Library paid the OA fee (TA Institutional Deal) 2022-04-26T11:37:26.1215401 2022-03-22T09:16:39.5351669 Faculty of Science and Engineering School of Engineering and Applied Sciences - Uncategorised RAMHARI POUDYAL 1 Pavel Loskot 2 Ranjan Parajuli 3 59689__22642__319bc607213b4d9399fb046bd3bdc6b3.pdf VOR.59689.pdf 2022-03-22T09:24:42.2961395 Output 2601653 application/pdf Version of Record true This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. true eng http://creativecommons.org/licenses/by/4.0/
title Techno-economic feasibility analysis of a 3-kW PV system installation in Nepal
spellingShingle Techno-economic feasibility analysis of a 3-kW PV system installation in Nepal
RAMHARI POUDYAL
title_short Techno-economic feasibility analysis of a 3-kW PV system installation in Nepal
title_full Techno-economic feasibility analysis of a 3-kW PV system installation in Nepal
title_fullStr Techno-economic feasibility analysis of a 3-kW PV system installation in Nepal
title_full_unstemmed Techno-economic feasibility analysis of a 3-kW PV system installation in Nepal
title_sort Techno-economic feasibility analysis of a 3-kW PV system installation in Nepal
author_id_str_mv 59ee91ad8342a7827c208d4835905ae4
author_id_fullname_str_mv 59ee91ad8342a7827c208d4835905ae4_***_RAMHARI POUDYAL
author RAMHARI POUDYAL
author2 RAMHARI POUDYAL
Pavel Loskot
Ranjan Parajuli
format Journal article
container_title Renewables: Wind, Water, and Solar
container_volume 8
container_issue 1
publishDate 2021
institution Swansea University
issn 2198-994X
doi_str_mv 10.1186/s40807-021-00068-9
publisher Springer Science and Business Media LLC
college_str Faculty of Science and Engineering
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hierarchy_top_id facultyofscienceandengineering
hierarchy_top_title Faculty of Science and Engineering
hierarchy_parent_id facultyofscienceandengineering
hierarchy_parent_title Faculty of Science and Engineering
department_str School of Engineering and Applied Sciences - Uncategorised{{{_:::_}}}Faculty of Science and Engineering{{{_:::_}}}School of Engineering and Applied Sciences - Uncategorised
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description This study investigates the techno-economic feasibility of installing a 3-kilowatt-peak (kWp) photovoltaic (PV) systemin Kathmandu, Nepal. The study also analyses the importance of scaling up the share of solar energy to contribute to the country’s overall energy generation mix. The technical viability of the designed PV system is assessed using PVsyst and Meteonorm simulation software. The performance indicators adopted in our study are the electric energy output, performance ratio, and the economic returns including the levelised cost and the net present value of energy production. The key parameters used in simulations are site-specifc meteorological data, solar irradiance, PV capacity factor, and the price of electricity. The achieved PV system effciency and the performance ratio are 17% and 84%, respectively. The demand–supply gap has been estimated assuming the load profile of a typical household in Kathmandu under the enhanced use of electric appliances. Our results show that the 3-kWp PV system can generate 100% of electricity consumed by a typical residential household in Kathmandu. The calculated levelised cost of energy for the PV system considered is 0.06 $/kWh, and the corresponding rate of investment is 87%. The payback period is estimated to be 8.6 years. The installation of the designed solar PV system could save 10.33 tons of CO2 emission over its lifetime. Overall, the PV systems with 3 kWp capacity appear to be a viable solution to secure a suffcient amount of electricity for most households in Kathmandu city
published_date 2021-06-27T04:17:11Z
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