Evaluation of residential stand alone photovoltaic systems in mega cities of the world

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dc.contributor.authorAkgayev, Berkeli
dc.contributor.authorUnsur, Veysel
dc.date.accessioned2024-02-23T14:20:38Z
dc.date.available2024-02-23T14:20:38Z
dc.date.issued2024
dc.departmentNEÜen_US
dc.description.abstractGrowing concerns about the climate change accompanied with energy crisis due to the unrest in the world have pushed the energy market to utilize sustainable and secure alternatives such as solar photovoltaics (PV). However, for residential consumers, the primary concerns are the reliability of the supply and the cost of PV-generated electricity. This study reports on the economic feasibility and technical analysis of PV systems in megacities worldwide. Nine mega cities, Beijing, Berlin, Istanbul, London, New Delhi, New York, Paris, Seoul, and Tokyo, have been selected based on their significant population sizes and the pronounced demand for electricity independence among residents. The annual production, load matching, and PV-electricity and battery dispatch are discussed, with Lazard's levelized cost of electricity (LCOE) and net present value (NPV) employed as economic indicators. While calculated LCOEs ranged from $0.084/kWh to $0.27/kWh across different cities, the NPVs were predominantly negative, varying approximately between -$2,000 and -$20,000, with Berlin as an exception. Finally, a sensitivity analysis was conducted, revealing that the LCOE is more sensitive to financial parameters than to module efficiency and irradiation.en_US
dc.description.sponsorshipScientific and Technological Research Council of Turkiye (TUBITAK) [120E474]; Europe Photovoltaic Geographical Information System (EU PVGIS); System Advisor Model (SAM) support teamen_US
dc.description.sponsorshipThis work is supported by The Scientific and Technological Research Council of Turkiye (TUBITAK) under contract number: 120E474. The authors acknowledge support from the Europe Photovoltaic Geographical Information System (EU PVGIS) and the System Advisor Model (SAM) support team.en_US
dc.identifier.doi10.1080/15435075.2023.2276153
dc.identifier.endpage460en_US
dc.identifier.issn1543-5075
dc.identifier.issn1543-5083
dc.identifier.issue2en_US
dc.identifier.scopus2-s2.0-85175472393en_US
dc.identifier.scopusqualityQ2en_US
dc.identifier.startpage448en_US
dc.identifier.urihttps://doi.org/10.1080/15435075.2023.2276153
dc.identifier.urihttps://hdl.handle.net/20.500.12452/13246
dc.identifier.volume21en_US
dc.identifier.wosWOS:001095692800001en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherTaylor & Francis Incen_US
dc.relation.ispartofInternational Journal Of Green Energyen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectPhotovoltaicsen_US
dc.subjectBattery Systemsen_US
dc.subjectLcoeen_US
dc.subjectLcos And Npven_US
dc.subjectSensitivity Analysisen_US
dc.subjectOff-Griden_US
dc.subjectSamen_US
dc.titleEvaluation of residential stand alone photovoltaic systems in mega cities of the worlden_US
dc.typeArticleen_US

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