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Economic Analysis of Distributed Generation with Photovoltaic Systems
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| Author:
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G. LINCY, DR. M. PONNAVAIKKO, DR.LENIN ANSELM W. A
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| Abstract:
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During the recent past, the interest towards the adoption of Distributed Generation (DG) has increased greatly among
the electric power system utilities. It has been well established that installation of PV Generation at the load points in a
distribution system is great advantages for both consumers and the utilities. The question arises whether the maximum
beneficiary is the Utility or the consumer and who must bear the cost. This research analyses the economics of the DG
with PV Systems, taking a typical 400V distribution system. A detailed procedure adopted for performing the economic
analysis is presented in this paper. Benefits considered includes Saving in the energy losses, Energy substitute by the PV
system, Capacity release in the Feeders and in the Transformer. The PV system is installed at the selected consumer
load points, based on the size and location of the loads. Discounted Cash Flow technique is used to assess the
economics of the system, by computing the Internal Rate of Return. The paper presents clearly the advantages of using
PV Generating systems in the Power Distribution System, quantifying economic benefits both for the Utilities and for
the Customers with supporting data.
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| Keyword:
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Photovoltaic(PV), Distributed Generation (DG), micro grid, smart grid, Discounted Cash flow, IRR.
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| EOI:
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http://eoi.citefactor.org/10.11209/ijpr.10.03.006
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| DOI:
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https://doi.org/10.31838/ijpr/2018.10.03.035
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| Download:
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Request For Article
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