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Friday, 20 October 2017

Investigation of Economic Aspects of Solar Energy

Energy demand is increasing day by day due to which it’s not enough to produce electricity only from conventional sources. The major drawback of conventional sources is that the production unit is far from the load so extra burden is put on economy due to transfer of energy till load point. Moreover these sources are limited so world is looking towards renewable energy sources. Solar is one of a renewable energy source and the main focus of this project is to investigate this sources in terms of economy and to make a comparison between solar energy cost per unit and the cost of energy getting from other sources. It covers both installation and operational costs.

  • Investigate working to solar panels.
  • Real time i-v curves for 30 days of a month for a solar panel.
  • Investigation of MPPT on economy.
  • Study of dry cell batteries and single phase inverter
  • Calculate cost involved for producing dc power over entire guaranteed period of solar panel.
  • Calculate cost involved for producing single phase AC from solar panel.
  • Calculate costs involved in conventional sources.
  • Make a comparison between per unit cost that WAPDA charges and per unit cost that solar panel offers.

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