Cost-effectiveness analysis of a 120kW photovoltaic folding container

4 FAQs about [Cost-effectiveness analysis of a 120kW photovoltaic folding container]

Can life cycle cost analysis be used in photovoltaic systems?

Solar energy, especially through photovoltaic systems, is a widespread and eco-friendly renewable source. Integrating life cycle cost analysis (LCCA) optimizes economic, environmental, and performance aspects for a sustainable approach. Despite growing interest, literature lacks a comprehensive review on LCCA implementation in photovoltaic systems.

What is a solar photovoltaic system?

Solar photovoltaic (PV) systems convert solar energy into electrical energy using semiconductor materials that exhibit the photovoltaic effect. PV systems are a sustainable energy solution, contributing to reducing life cycle costs and environmental impacts in service life planning of buildings and assets (STANDARD-BS 2017).

How much does a PV panel cost?

Upon PV panel expiration, its environmental cost is $7.98E + 12, while coal’s is $2.67E + 14. In Biglarian and Abdollahi (2022) study, they investigated the feasibility of a hybrid PV-GSHP (photovoltaic and ground source heat pump) system for a residential building in Tehran, Iran.

How to optimize photovoltaic systems?

In the effort to optimize photovoltaic (PV) systems, various research studies contribute to a range of methodologies. For example, Liu et al. (2023) employ the slime mold algorithm (SMA), Yuan et al. (2023) utilize multi-objective optimization (MOO) techniques, and Dezhdar et al. (2023) apply response surface methodology (RSM).

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