Cooling effect on the floating solar PV: Performance and economic analysis on the case of west Java province in Indonesia

Adimas Pradityo Sukarso; Kyung Nam Kim

doi:10.3390/en13092126

Cooling effect on the floating solar PV: Performance and economic analysis on the case of west Java province in Indonesia

Adimas Pradityo Sukarso, Kyung Nam Kim

Research output: Contribution to journal › Article › peer-review

55 Citations (Scopus)

Abstract

Solar photovoltaic technology is one of the most well established new and renewable energy technologies. Many researchers have undertaken wide research and development in this sector, including material and system design. To protect the exhaustion of global terrestrial land and to avoid the occupation of extensive farmlands, solar photovoltaic (PV) developers, as well as policymakers, have pursued various solutions, including the development of floating solar PV (FPV). This study consists of a technological and economic perspective to analyze the floating solar PV system. The authors utilize remote sensing results to predict FPV efficiency and measure energy yield from the system while also developing an economics analysis on an FPV project by comparison with ground-based solar PV (GPV). The results from the remote sensing method found that the lake has a cooler temperature than the ground, with an annual difference of around 8 °C. FPV effciency was also shown to be around 0.61% higher than GPV in terms of the prediction. FPV economic parameter comparison also resulted in 3.37 cents/kWh lower levelized cost of electricity (LCOE), and 6.08% higher internal rate of return (IRR) compared to GPV in the base scenario.

Original language	English
Article number	2126
Journal	Energies
Volume	13
Issue number	9
DOIs	https://doi.org/10.3390/en13092126
Publication status	Published - 2020 May 1

Bibliographical note

Funding Information:
Funding: This work was supported by a grant from the Human Resources Development program 20154010400100 of the Korea Institute of Energy Technology Evaluation and Planning (KETEP), funded by the Ministry of Trade, Industry, and Energy of the Korean Government, and supported by the KU-KIST Graduate School Project.

Publisher Copyright:
© 2020 by the authors. Licensee MDPI, Basel, Switzerland.

Keywords

Cooling effect
Economic analysis
Floating solar photovoltaic
Ground-based solar photovoltaic
Performance analysis
Remote sensing

ASJC Scopus subject areas

Renewable Energy, Sustainability and the Environment
Fuel Technology
Energy Engineering and Power Technology
Energy (miscellaneous)
Control and Optimization
Electrical and Electronic Engineering

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.3390/en13092126

Cite this

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abstract = "Solar photovoltaic technology is one of the most well established new and renewable energy technologies. Many researchers have undertaken wide research and development in this sector, including material and system design. To protect the exhaustion of global terrestrial land and to avoid the occupation of extensive farmlands, solar photovoltaic (PV) developers, as well as policymakers, have pursued various solutions, including the development of floating solar PV (FPV). This study consists of a technological and economic perspective to analyze the floating solar PV system. The authors utilize remote sensing results to predict FPV efficiency and measure energy yield from the system while also developing an economics analysis on an FPV project by comparison with ground-based solar PV (GPV). The results from the remote sensing method found that the lake has a cooler temperature than the ground, with an annual difference of around 8 °C. FPV effciency was also shown to be around 0.61% higher than GPV in terms of the prediction. FPV economic parameter comparison also resulted in 3.37 cents/kWh lower levelized cost of electricity (LCOE), and 6.08% higher internal rate of return (IRR) compared to GPV in the base scenario.",

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Cooling effect on the floating solar PV: Performance and economic analysis on the case of west Java province in Indonesia

Abstract

Bibliographical note

Keywords

ASJC Scopus subject areas

UN SDGs

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