Title: Exergoeconomic analysis of a photovoltaic plant for different panel types

Authors: Fatih Akkurt; Aysel Özselçuk

Addresses: Department of Energy Systems Engineering, Faculty of Engineering, Necmettin Erbakan University, Konya, Turkey ' Department of Energy Systems Engineering, Faculty of Engineering, Necmettin Erbakan University, Konya, Turkey

Abstract: In this study, exergoeconomic analyses of a 1,166 kWp nominal power PV system for polycrystalline, PERC monocrystalline-half cut and PERC monocrystalline panel types were carried out for the climatic conditions of Konya Province in Turkey. The annual energy and exergy efficiencies were determined as 17.2% and 18.5% for PERC monocrystalline-half cut, 16.8% and 18.1% for PERC monocrystalline, 13.8% and 14.8% for polycrystalline, respectively. The SPECO method was used for exergoeconomic analysis. The annual electricity generation costs were determined as 35, 41 and 37$/MWh while the payback periods were calculated as 48, 63 and 53 months for polycrystalline, PERC monocrystalline-half cut and PERC monocrystalline, respectively.

Keywords: PV system; exergy enalysis; exergoeconomic analysis; electricity generation cost; payback period.

DOI: 10.1504/IJEX.2023.133987

International Journal of Exergy, 2023 Vol.41 No.4, pp.337 - 351

Received: 29 Aug 2022
Received in revised form: 09 Apr 2023
Accepted: 09 Apr 2023
Published online: 09 Oct 2023 *

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