A Techno-Economic Investigation of a Residential Solar Photovoltaic System at Bandar Universiti, Perak, Malaysia

This report shows theoretical and analytical calculation of Solar Photovoltaic (PV) System in term of its technical and economic feasibility in Bandar Universiti, Seri Iskandar. In this study, PV system is envisioned as a supplement energy that not only help in cutting the cost of today source of el...

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Main Author: Badrol Hisham, Muhammad Nadzmi Faez
Format: Final Year Project
Language: English
Institution: Universiti Teknologi Petronas
Record Id / ISBN-0: utp-utpedia.17983 /
Published: IRC 2017
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Online Access: http://utpedia.utp.edu.my/17983/1/1.%20Nadzmi_18544_FinalDissertation.pdf
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spelling utp-utpedia.179832019-06-20T11:48:00Z http://utpedia.utp.edu.my/17983/ A Techno-Economic Investigation of a Residential Solar Photovoltaic System at Bandar Universiti, Perak, Malaysia Badrol Hisham, Muhammad Nadzmi Faez TJ Mechanical engineering and machinery This report shows theoretical and analytical calculation of Solar Photovoltaic (PV) System in term of its technical and economic feasibility in Bandar Universiti, Seri Iskandar. In this study, PV system is envisioned as a supplement energy that not only help in cutting the cost of today source of electricity, but also can be sell back to Tenaga Nasional Berhad (TNB). Firstly, a PV model was chosen with 3 options of wattages; 30, 60 and 100 Watts. The technical specifications of all 3 wattages are listed including the safety features and material used. Then, a questionnaire survey was conducted which targeted the residents of Bandar Universiti, Seri Iskandar to acquire their electricity usage data and acceptance of PV system application. After the survey, average solar radiation in Bandar Universiti was determined by using a software from National Aeronautics and Space Administration (NASA) website. After the solar radiation data is acquired, a global formula equation was used to determine the approximate energy output generated by PV system. Hence, the Feed-in Tariff (FiT) regulated by Sustainable Energy Development Authority Malaysia (SEDA) is referred to determine the cost of the energy generated to be sold to TNB. There are four main elements to determine the worthiness of the profit gained in PV system application; CAPEX, OPEX, Breakeven and Payback period analysis. Generally, 100 Watts of the model is more viable as it requires less panels and roof space area. Meanwhile, the survey shows that more than 80% of the residents support the effort towards renewable energy because their average electricity bill is determined to be RM108.33 which means the average power usage of the residents is 378.325 kWh per month after referring to the TNB Tariff rate. Besides that, based on NASA website, Bandar Universiti receives a monthly average of 5.22 kWh per day of solar radiation thus energy output is then calculated to be approximately maximum of 2768.548 kWh per month which can further be referred to FiT to be RM1583.05. Next, total CAPEX has a maximum value of RM159,693.40 excluding monthly OPEX of RM644.47 IRC 2017-01 Final Year Project NonPeerReviewed application/pdf en http://utpedia.utp.edu.my/17983/1/1.%20Nadzmi_18544_FinalDissertation.pdf Badrol Hisham, Muhammad Nadzmi Faez (2017) A Techno-Economic Investigation of a Residential Solar Photovoltaic System at Bandar Universiti, Perak, Malaysia. IRC, UniversitiTeknologi PETRONAS. (Submitted)
institution Universiti Teknologi Petronas
collection UTPedia
language English
topic TJ Mechanical engineering and machinery
spellingShingle TJ Mechanical engineering and machinery
Badrol Hisham, Muhammad Nadzmi Faez
A Techno-Economic Investigation of a Residential Solar Photovoltaic System at Bandar Universiti, Perak, Malaysia
description This report shows theoretical and analytical calculation of Solar Photovoltaic (PV) System in term of its technical and economic feasibility in Bandar Universiti, Seri Iskandar. In this study, PV system is envisioned as a supplement energy that not only help in cutting the cost of today source of electricity, but also can be sell back to Tenaga Nasional Berhad (TNB). Firstly, a PV model was chosen with 3 options of wattages; 30, 60 and 100 Watts. The technical specifications of all 3 wattages are listed including the safety features and material used. Then, a questionnaire survey was conducted which targeted the residents of Bandar Universiti, Seri Iskandar to acquire their electricity usage data and acceptance of PV system application. After the survey, average solar radiation in Bandar Universiti was determined by using a software from National Aeronautics and Space Administration (NASA) website. After the solar radiation data is acquired, a global formula equation was used to determine the approximate energy output generated by PV system. Hence, the Feed-in Tariff (FiT) regulated by Sustainable Energy Development Authority Malaysia (SEDA) is referred to determine the cost of the energy generated to be sold to TNB. There are four main elements to determine the worthiness of the profit gained in PV system application; CAPEX, OPEX, Breakeven and Payback period analysis. Generally, 100 Watts of the model is more viable as it requires less panels and roof space area. Meanwhile, the survey shows that more than 80% of the residents support the effort towards renewable energy because their average electricity bill is determined to be RM108.33 which means the average power usage of the residents is 378.325 kWh per month after referring to the TNB Tariff rate. Besides that, based on NASA website, Bandar Universiti receives a monthly average of 5.22 kWh per day of solar radiation thus energy output is then calculated to be approximately maximum of 2768.548 kWh per month which can further be referred to FiT to be RM1583.05. Next, total CAPEX has a maximum value of RM159,693.40 excluding monthly OPEX of RM644.47
format Final Year Project
author Badrol Hisham, Muhammad Nadzmi Faez
author_sort Badrol Hisham, Muhammad Nadzmi Faez
title A Techno-Economic Investigation of a Residential Solar Photovoltaic System at Bandar Universiti, Perak, Malaysia
title_short A Techno-Economic Investigation of a Residential Solar Photovoltaic System at Bandar Universiti, Perak, Malaysia
title_full A Techno-Economic Investigation of a Residential Solar Photovoltaic System at Bandar Universiti, Perak, Malaysia
title_fullStr A Techno-Economic Investigation of a Residential Solar Photovoltaic System at Bandar Universiti, Perak, Malaysia
title_full_unstemmed A Techno-Economic Investigation of a Residential Solar Photovoltaic System at Bandar Universiti, Perak, Malaysia
title_sort techno-economic investigation of a residential solar photovoltaic system at bandar universiti, perak, malaysia
publisher IRC
publishDate 2017
url http://utpedia.utp.edu.my/17983/1/1.%20Nadzmi_18544_FinalDissertation.pdf
http://utpedia.utp.edu.my/17983/
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score 11.62408