Title
Assessment of cost-benefit for a net metering scheme based on solar PV: Case study on a university campus located in Lima-Peru
Date Issued
01 January 2020
Access level
open access
Resource Type
conference paper
Author(s)
Publisher(s)
Latin American and Caribbean Consortium of Engineering Institutions
Abstract
A net metering scheme based on a 3.25-kWp Photovoltaic System was setup within the facilities of a university campus located in Lima-Peru for evaluation purposes. Solar PV system output as well as energy demand were registered for the entire year 2019. The contribution of solar PV production to total electricity demand is analyzed, considering seasonal variations in both the PV production and the energy consumption within the period of one year. Total implementation cost was calculated by adding CAPEX and OPEX values for a 3.25-kWp solar PV system operating under local conditions. In this case, total investment cost for the PV systems is estimated as 4,063 US$ while annual O&M costs are estimated as 71 US$. Considering a local electricity tariff of 0.15 US$/kWh for the end user, annual cost savings is 1068 US/yr and the overall simple payback turns out to be 4.3 years. Therefore, it can be expected that potential introduction of a net metering squeme may become attractive for end users under local market conditions.
Language
English
OCDE Knowledge area
Ingeniería del Petróleo, (combustibles, aceites), Energía, Combustibles
Subjects
Scopus EID
2-s2.0-85096761366
Resource of which it is part
Proceedings of the LACCEI international Multi-conference for Engineering, Education and Technology
ISBN of the container
9789585207141
Conference
18th LACCEI International Multi-Conference for Engineering, Education Caribbean Conference for Engineering and Technology: "Engineering, Integration, and Alliances for a Sustainable Development" "Hemispheric Cooperation for Competitiveness and Prosperity on a Knowledge-Based Economy" Virtual, Online 27 July 2020 through 31 July 2020
Sponsor(s)
The authors would like to thank the staff members and authorities of the National Agrarian University La Molina, in Lima-Peru, for sharing their time and experience with the research team in order to facilitate data collection. The authors would also like to thank to all the people that, in one way or another, contributed to the present work.
Sources of information:
Directorio de Producción Científica
Scopus