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Quantitative impact assessment of temperature on the economics of a rooftop solar photovoltaic system

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Abstract

This paper analyzes the economics of a grid-interactive rooftop solar photovoltaic (PV) system and the impact of the temperature on it. The analysis related to energy metrics, lifecycle costing, and environmental economics was performed considering the PV system’s life as 30 years. The system economics is also compared at different conditions like theoretical, temperature-corrected, and real electricity generation data. The parameters like energy payback time (EPBT), energy return on energy invested (EROI), and lifecycle conversion efficiency are determined as 5.95 years, 5.04, and 0.078, respectively, based on actual generation. The unit electricity cost of the rooftop PV system was estimated as INR 5.37 at the 5% interest rate. The electricity cost varies with the interest rate variation and operation system life. The results show a reduction in overall economic performance on the increase in module temperature. The effect of temperature on the economics of the system is presented in terms of the per degree rise of module temperature. One degree increase of module temperature 8.5 days in EPBT of the PV system increases, and INR 0.021 increases in the unit cost of electricity considering a reference temperature 25 °C. A PV system has environmental benefits by reducing greenhouse gas emissions, which are also affected by the rise of module temperature. The system lost INR 355.93 in carbon credits at an increase of one-degree module temperature.

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Data availability

All data relating to the present study is presented within the manuscript.

Abbreviations

Em :

Embodied energy (kWh)

EAC :

Annual electricity generation (kWh)

t:

Time (years)

Ein :

Annual solar radiation on PV array (kWh/m2/year)

C:

Capital cost (INR)

CR :

Replacement cost (INR)

M :

Annual average maintenance and repair cost (INR)

CMR :

Maintenance and repair costs (INR)

Cs:

Salvage cost (INR)

CE :

Unit electricity cost (INR/kWh)

tCO2e:

Ton of carbon di oxide equivalent

ȠPCU :

PCU efficiency (%)

Ƞm :

Efficiency of module

ȠT ,m :

Temperature-corrected efficiency of module

HT :

Daily solar radiation on array (kWh/m2/day)

Aa :

Array area (m2)

Tm :

Module temperature (°C)

CRF:

Capital recovery factor

CAU :

Annualized uniform cost (INR)

DCDB:

Direct current distribution box

LCCE:

Life-cycle conversion efficiency

EPBT:

Energy payback time (years)

INR:

Currency symbol for Indian rupee

kW:

Kilowatt

kWh:

Kilowatt hour

EROI:

Energy return on energy invested

MCBs:

Miniature circuit brackers

PCU:

Power conditioning unit

STC:

Standard test condition

SPV:

Solar photovoltaic

MPP:

Maximum Power Point

GPRS:

General Packet Radio Service

References

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Funding

The present study is funded by the Ministry of New and Renewable Energy (MNRE), Government of India under the grant (Sanction letter No. 10/14/2013-P&C and letter No. 10/2(22)2013-P&C).

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Authors and Affiliations

Authors

Contributions

Conceptualization: Satish Kumar Yadav, Nallapaneni Manoj Kumar; Methodology: Satish Kumar Yadav, Usha Bajpai; formal analysis and investigation: Satish Kumar Yadav; writing — original draft preparation: Satish Kumar Yadav; writing — review and editing: Nallapaneni Manoj Kumar, Usha Bajpai; funding acquisition: Usha Bajpai; resources: Nallapaneni Manoj Kumar, Usha Bajpai; supervision: Usha Bajpai.

Corresponding author

Correspondence to Satish Kumar Yadav.

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No person or animal was intentionally harmed in any way during this study.

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Not applicable.

Competing interests

The authors declare no competing interests.

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Responsible Editor: Philippe Garrigues

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Yadav, S.K., Kumar, N.M. & Bajpai, U. Quantitative impact assessment of temperature on the economics of a rooftop solar photovoltaic system. Environ Sci Pollut Res 30, 21900–21913 (2023). https://doi.org/10.1007/s11356-022-23592-7

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