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Techno-economical analysis of hybrid PV system for school industry

Electrical energy is currently one of the most important needs of the community and as the most important economic resource needed in various activities. The need for electrical energy every year continues to increase. However, the rapid development of electricity consumption is not matched by the g...

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Main Authors: Akbar, Muhammad Rezeki, Aripriharta, Mizar, Alfian, Muladi, Muladi, Ching, Hung-Yu, Amin, Muhammad Adib
Format: Conference or Workshop Item
Language:English
Published: 2023
Online Access:http://eprints.utem.edu.my/id/eprint/27887/1/Techno-economical%20analysis%20of%20hybrid%20PV%20system%20for%20school%20industry.pdf
http://eprints.utem.edu.my/id/eprint/27887/
https://doi.org/10.1109/ICPEA56918.2023.10093195
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spelling my.utem.eprints.278872024-09-20T16:03:36Z http://eprints.utem.edu.my/id/eprint/27887/ Techno-economical analysis of hybrid PV system for school industry Akbar, Muhammad Rezeki Aripriharta Mizar, Alfian Muladi, Muladi Ching, Hung-Yu Amin, Muhammad Adib Electrical energy is currently one of the most important needs of the community and as the most important economic resource needed in various activities. The need for electrical energy every year continues to increase. However, the rapid development of electricity consumption is not matched by the growth of power generation. To overcome these problems, alternative energy sources are needed as a substitute for coal. One of the renewable natural resources is solar energy. To harvest this energy, a device called a solar panel or photovoltaic is needed. This study discusses the design of solar power plant in PPPI Al-Ittihad using technical and economic analysis. This solar power generation system is designed to supply electricity needs to help with daily activities. The design of this solar power plant requires 10 solar modules with a capacity of 120 wp, 1 inverter with a capacity of 5 kW, and 4 units of 12 V/200 Ah batteries. The initial investment cost for this solar power generation system is Rp22,398,435. Analysis of the feasibility of investing in a solar power plant system shows a positive Net Present Value (NPV) value of Rp32,208,93095, Internal Rate of Return (IRR) 10.0171% and Profitability Index (PI) 1.001437999. The NPV, IRR, and PI values show positive values, so the investment for this solar power generation system project can be said to be feasible. As for the payback period, it is achieved in the 9th year of the project's operating period. 2023 Conference or Workshop Item PeerReviewed text en http://eprints.utem.edu.my/id/eprint/27887/1/Techno-economical%20analysis%20of%20hybrid%20PV%20system%20for%20school%20industry.pdf Akbar, Muhammad Rezeki and Aripriharta and Mizar, Alfian and Muladi, Muladi and Ching, Hung-Yu and Amin, Muhammad Adib (2023) Techno-economical analysis of hybrid PV system for school industry. In: 3rd IEEE International Conference in Power Engineering Applications, ICPEA 2023, 6 March 2023through 7 March 2023, Virtual, Online. https://doi.org/10.1109/ICPEA56918.2023.10093195
institution Universiti Teknikal Malaysia Melaka
building UTEM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknikal Malaysia Melaka
content_source UTEM Institutional Repository
url_provider http://eprints.utem.edu.my/
language English
description Electrical energy is currently one of the most important needs of the community and as the most important economic resource needed in various activities. The need for electrical energy every year continues to increase. However, the rapid development of electricity consumption is not matched by the growth of power generation. To overcome these problems, alternative energy sources are needed as a substitute for coal. One of the renewable natural resources is solar energy. To harvest this energy, a device called a solar panel or photovoltaic is needed. This study discusses the design of solar power plant in PPPI Al-Ittihad using technical and economic analysis. This solar power generation system is designed to supply electricity needs to help with daily activities. The design of this solar power plant requires 10 solar modules with a capacity of 120 wp, 1 inverter with a capacity of 5 kW, and 4 units of 12 V/200 Ah batteries. The initial investment cost for this solar power generation system is Rp22,398,435. Analysis of the feasibility of investing in a solar power plant system shows a positive Net Present Value (NPV) value of Rp32,208,93095, Internal Rate of Return (IRR) 10.0171% and Profitability Index (PI) 1.001437999. The NPV, IRR, and PI values show positive values, so the investment for this solar power generation system project can be said to be feasible. As for the payback period, it is achieved in the 9th year of the project's operating period.
format Conference or Workshop Item
author Akbar, Muhammad Rezeki
Aripriharta
Mizar, Alfian
Muladi, Muladi
Ching, Hung-Yu
Amin, Muhammad Adib
spellingShingle Akbar, Muhammad Rezeki
Aripriharta
Mizar, Alfian
Muladi, Muladi
Ching, Hung-Yu
Amin, Muhammad Adib
Techno-economical analysis of hybrid PV system for school industry
author_facet Akbar, Muhammad Rezeki
Aripriharta
Mizar, Alfian
Muladi, Muladi
Ching, Hung-Yu
Amin, Muhammad Adib
author_sort Akbar, Muhammad Rezeki
title Techno-economical analysis of hybrid PV system for school industry
title_short Techno-economical analysis of hybrid PV system for school industry
title_full Techno-economical analysis of hybrid PV system for school industry
title_fullStr Techno-economical analysis of hybrid PV system for school industry
title_full_unstemmed Techno-economical analysis of hybrid PV system for school industry
title_sort techno-economical analysis of hybrid pv system for school industry
publishDate 2023
url http://eprints.utem.edu.my/id/eprint/27887/1/Techno-economical%20analysis%20of%20hybrid%20PV%20system%20for%20school%20industry.pdf
http://eprints.utem.edu.my/id/eprint/27887/
https://doi.org/10.1109/ICPEA56918.2023.10093195
_version_ 1811599518171398144
score 13.211869

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