LCOE Analysis of Solar Tracker Application in China
Open Access
- 1 January 2020
- journal article
- research article
- Published by Scientific Research Publishing, Inc. in Computational Water, Energy, and Environmental Engineering
- Vol. 09 (04), 87-100
- https://doi.org/10.4236/cweee.2020.94007
Abstract
In China, systemic techno-economic analysis for solar tracker has been absent. To fill the blank, by taking the economic analysis of solar tracker application as the research object and using the LCOE method widely used internationally, the techno-economic analysis model of solar tracker was established according to conditions in China. Influence factors on LCOE were analyzed by using the established model, and the relationship between each cost factor and the cost component of energy leveling of tracker was further studied. In addition, the calculation method of investment payback period based on energy leveling analysis was established, and the influence of various factors on investment payback period was revealed through an example calculation. The research results will help to measure the economy of tracker application more accurately and comprehensively, and promote the popularization and application of solar tracker. The economic analysis model of solar tracker application was established by using LCOE method. The influence factors and cost component of LCOE were analyzed with the model. The payback period of solar tracker investment was also analyzed based on LCOE method.Keywords
This publication has 9 references indexed in Scilit:
- SAM Photovoltaic Model Technical ReferencePublished by Office of Scientific and Technical Information (OSTI) ,2015
- Comparative analysis of fixed and sun tracking low power PV systems considering energy consumptionEnergy Conversion and Management, 2015
- Techno-economic analysis of solar photovoltaic power plant for garment zone of Jaipur cityCase Studies in Thermal Engineering, 2014
- Techno-economic Analysis of Solar Tracking Systems in South AfricaEnergy Procedia, 2014
- A fuzzy levelised energy cost method for renewable energy technology assessmentEnergy Policy, 2013
- Assessment of electricity generation and energy cost of wind energy conversion systems in north-central NigeriaEnergy Conversion and Management, 2011
- A simple photo-voltaic tracking systemSolar Energy Materials and Solar Cells, 2005
- Handbook of Photovoltaic Science and EngineeringPublished by Wiley ,2003
- Comparison of performance and cost effectiveness of solar water heaters at different collector tracking modes in Cyprus and GreeceEnergy Conversion and Management, 1999