In this paper, simulation approach is used for determination of the monthly unit cost of energy generated from standalone PV (SAPV) power system in Imo State. The meteorological data used in the study are compiled from National Aeronautics and Space Administration (NASA) worldwide meteorological database. The meteorological data include 22-year monthly and annual averaged insolation incident on a horizontal surface (kwh/m2/day) and 22-year monthly averaged air temperature. A hypothetical electric load demand data of 5000 kWh per day is used for the simulation. The PVsyst industrial PV system planning software solution was selected to model and simulate the entire PV system. PVSyst uses life cycle cost analysis approach to determine the investment cost and unit cost of energy generated from SAPV system. According to the results, the average total energy supplied to the user (load) in a year is 1751 kWh. The economic analysis result shows that the total annual cost of energy is 246760 Naira per year at a unit cost of 141 Naira per kWh. Also, the highest unit cost of energy of 168.6 Naira/ kWh occurred in August whereas the lowest unit cost of energy of 132.7 Naira/ kWh occurred in October. The idea presented in this paper is useful for smart grid, dynamic energy pricing and energy cost management system.
| Published in | American Journal of Mechanical and Industrial Engineering (Volume 2, Issue 2) |
| DOI | 10.11648/j.ajmie.20170202.17 |
| Page(s) | 104-110 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2024. Published by Science Publishing Group |
Photovoltaic System, PVSyst, De-Rate Factor, Unit Cost of Energy, Electric Load Demand
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APA Style
Umoren Mfonobong Anthony, Mfonobong Charles Uko, Ogungbemi Emmanuel Oluropo. (2017). Determination of Monthly Unit Cost of Energy for Standalone Photovoltaic System in Owerri, Imo State. American Journal of Mechanical and Industrial Engineering, 2(2), 104-110. https://doi.org/10.11648/j.ajmie.20170202.17
ACS Style
Umoren Mfonobong Anthony; Mfonobong Charles Uko; Ogungbemi Emmanuel Oluropo. Determination of Monthly Unit Cost of Energy for Standalone Photovoltaic System in Owerri, Imo State. Am. J. Mech. Ind. Eng. 2017, 2(2), 104-110. doi: 10.11648/j.ajmie.20170202.17
AMA Style
Umoren Mfonobong Anthony, Mfonobong Charles Uko, Ogungbemi Emmanuel Oluropo. Determination of Monthly Unit Cost of Energy for Standalone Photovoltaic System in Owerri, Imo State. Am J Mech Ind Eng. 2017;2(2):104-110. doi: 10.11648/j.ajmie.20170202.17
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Download@article{10.11648/j.ajmie.20170202.17,
author = {Umoren Mfonobong Anthony and Mfonobong Charles Uko and Ogungbemi Emmanuel Oluropo},
title = {Determination of Monthly Unit Cost of Energy for Standalone Photovoltaic System in Owerri, Imo State},
journal = {American Journal of Mechanical and Industrial Engineering},
volume = {2},
number = {2},
pages = {104-110},
doi = {10.11648/j.ajmie.20170202.17},
url = {https://doi.org/10.11648/j.ajmie.20170202.17},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajmie.20170202.17},
abstract = {In this paper, simulation approach is used for determination of the monthly unit cost of energy generated from standalone PV (SAPV) power system in Imo State. The meteorological data used in the study are compiled from National Aeronautics and Space Administration (NASA) worldwide meteorological database. The meteorological data include 22-year monthly and annual averaged insolation incident on a horizontal surface (kwh/m2/day) and 22-year monthly averaged air temperature. A hypothetical electric load demand data of 5000 kWh per day is used for the simulation. The PVsyst industrial PV system planning software solution was selected to model and simulate the entire PV system. PVSyst uses life cycle cost analysis approach to determine the investment cost and unit cost of energy generated from SAPV system. According to the results, the average total energy supplied to the user (load) in a year is 1751 kWh. The economic analysis result shows that the total annual cost of energy is 246760 Naira per year at a unit cost of 141 Naira per kWh. Also, the highest unit cost of energy of 168.6 Naira/ kWh occurred in August whereas the lowest unit cost of energy of 132.7 Naira/ kWh occurred in October. The idea presented in this paper is useful for smart grid, dynamic energy pricing and energy cost management system.},
year = {2017}
}
TY - JOUR T1 - Determination of Monthly Unit Cost of Energy for Standalone Photovoltaic System in Owerri, Imo State AU - Umoren Mfonobong Anthony AU - Mfonobong Charles Uko AU - Ogungbemi Emmanuel Oluropo Y1 - 2017/01/29 PY - 2017 N1 - https://doi.org/10.11648/j.ajmie.20170202.17 DO - 10.11648/j.ajmie.20170202.17 T2 - American Journal of Mechanical and Industrial Engineering JF - American Journal of Mechanical and Industrial Engineering JO - American Journal of Mechanical and Industrial Engineering SP - 104 EP - 110 PB - Science Publishing Group SN - 2575-6060 UR - https://doi.org/10.11648/j.ajmie.20170202.17 AB - In this paper, simulation approach is used for determination of the monthly unit cost of energy generated from standalone PV (SAPV) power system in Imo State. The meteorological data used in the study are compiled from National Aeronautics and Space Administration (NASA) worldwide meteorological database. The meteorological data include 22-year monthly and annual averaged insolation incident on a horizontal surface (kwh/m2/day) and 22-year monthly averaged air temperature. A hypothetical electric load demand data of 5000 kWh per day is used for the simulation. The PVsyst industrial PV system planning software solution was selected to model and simulate the entire PV system. PVSyst uses life cycle cost analysis approach to determine the investment cost and unit cost of energy generated from SAPV system. According to the results, the average total energy supplied to the user (load) in a year is 1751 kWh. The economic analysis result shows that the total annual cost of energy is 246760 Naira per year at a unit cost of 141 Naira per kWh. Also, the highest unit cost of energy of 168.6 Naira/ kWh occurred in August whereas the lowest unit cost of energy of 132.7 Naira/ kWh occurred in October. The idea presented in this paper is useful for smart grid, dynamic energy pricing and energy cost management system. VL - 2 IS - 2 ER -
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