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Techno-economic feasibility analysis of a 3-kW PV system installation in Nepal
Renewables: Wind, Water, and Solar, Volume: 8, Issue: 1
Swansea University Author: RAMHARI POUDYAL
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DOI (Published version): 10.1186/s40807-021-00068-9
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...
Published in: | Renewables: Wind, Water, and Solar |
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ISSN: | 2198-994X |
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Springer Science and Business Media LLC
2021
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URI: | https://cronfa.swan.ac.uk/Record/cronfa59689 |
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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 |
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59ee91ad8342a7827c208d4835905ae4 |
author_id_fullname_str_mv |
59ee91ad8342a7827c208d4835905ae4_***_RAMHARI POUDYAL |
author |
RAMHARI POUDYAL |
author2 |
RAMHARI POUDYAL Pavel Loskot Ranjan Parajuli |
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Journal article |
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Renewables: Wind, Water, and Solar |
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8 |
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2021 |
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Swansea University |
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2198-994X |
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10.1186/s40807-021-00068-9 |
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Springer Science and Business Media LLC |
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Faculty of Science and Engineering |
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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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1763754147978412032 |
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11.036334 |