Consider a 50-kW rooftop PV system installed at a cost of $3500/kW. The PV system operates with
Question:
Consider a 50-kW rooftop PV system installed at a cost of $3500/kW. The PV system operates with a capacity factor of 22%, $0.005/kWh of maintenance costs, and 1% downtime during a typical year. For a lifetime of 20 years and a discount rate of 5%, estimate:
a. The LCOE (in $/kWh)
b. The required capital cost for the LCOE be competitive based on a $0.10/kWh utility rate.
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The Levelized Cost of Energy LCOE is a measure of a power source which allows comparing different methods of electricity generation on a consistent basis It is the average per kWh price at which energ...View the full answer
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Related Book For 
Energy Audit Of Building Systems An Engineering Approach
ISBN: 9780367820466
3rd Edition
Authors: Moncef Krarti
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