Abstract
Indonesia is intensively building solar energy, which divided into three types, namely rooftop, solar farm, and floating solar with a target-installed capacity of 37.15 GW. A lot of land area is required for the development of solar energy for the next 20-25 years. The average land area required for 1 PV module is approximately 2 m2, so it is predicted that the new land area needed will be difficult to obtain in the future. Repowering is a solution to deal with these potential problems, repowering is an interesting new business in Europe when we have to face power plants that have entered the end-of-life. The study aims to analyze if repowering is implemented, we can reduce the Levelized Cost of Electricity. A plant with a capacity of 1.4 MWp will be used as the basis for the simulation. Using a monitoring system to see energy production, temperature, irradiance, and performance ratio is used as the methodology for collecting data. After that, it will analyze from a technical and economic point of view. The result shows that energy production increased by 24% or by 10,645,786 kWh and the Levelized Cost of Electricity decreased by 0.02 USD/kWh with an IRR of 5.67% and a payback period of 14.5 years. This study finds that repowering can reduce electricity tariffs and increase energy production.
Original language | English |
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Article number | 012016 |
Journal | IOP Conference Series: Earth and Environmental Science |
Volume | 997 |
Issue number | 1 |
DOIs | |
Publication status | Published - 4 Mar 2022 |
Event | 1st ASEAN International Conference on Energy and Environment, AICEE 2021 - Virtual, Online Duration: 14 Sept 2021 → … |
Keywords
- Levelized Cost of Electricity (LCOE)
- PV Rooftop
- Repowering