Lowering the LCOE of Photovoltaic Systems 9 Levelized Cost of Energy 9 Methods to reduce the LCOE 9 PV Researches at UC Merced Yong Sin “Shon” Kim Dec. 09 2011 School of Natural Science, University of California at Merced [email protected]http://ucsolar.org 2011 UC Solar Research Symposium
23
Embed
Lowering the LCOE of Photovoltaic Systems - UC Solar
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Lowering the LCOE
of Photovoltaic Systems
Levelized Cost of Energy
Methods to reduce the LCOE
PV Researches at UC Merced
Yong Sin “Shon” KimDec. 09 2011
School of Natural Science, University of California at [email protected]
http://ucsolar.org
2011 UC Solar Research Symposium
2
Cost of EnergyCost of Energy
• System: $/MWh (₡/KWh)• Components: $/W
Credit: California Public Utilities Commission
PG&E Average Bundled Rates by Class
3
Levelized Cost of Energy (LCOE)Levelized Cost of Energy (LCOE)
• Definition– The unit cost of energy generated over its economic lifetime.
• Widely used to compare different technologies
• Calculation
where r1 is a system degradation rate and r2 is a discount rate.
Ref: International Energy Agency, ‘Projected Costs of Generating Electricity’ (2010)
Levelized Cost of EnergyMethods to reduce the LCOEBy a Material scientist
By a Optic designer
By a Electrical engineer
By a System engineer
PV Researches at UC Merced
Yong Sin “Shon” KimDec. 09 2011
School of Natural Science, University of California at [email protected]
http://ucsolar.org
2011 UC Solar Research Symposium
Lowering the LCOE
of Photovoltaic Systems
5
What a Material Scientist doesWhat a Material Scientist does