Academic literature on the topic 'Photovoltaic power generation Economic aspects Australia'

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Journal articles on the topic "Photovoltaic power generation Economic aspects Australia"

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Jo, Hanpil, and Hyun-Young Park. "Economic Feasibility Analysis under Uncertainty:Focused on the Photovoltaic Power Generation Business in Australia." Journal of Finance and Accounting Information 19, no. 2 (June 30, 2019): 23–39. http://dx.doi.org/10.29189/kaiajfai.19.2.2.

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Wang, Hong, Zhijie Wang, and Xiaolin Fu. "Economic Analysis of 4MW Distributed Photovoltaic Power Generation Project Based on PVsyst Software Simulation." E3S Web of Conferences 118 (2019): 02072. http://dx.doi.org/10.1051/e3sconf/201911802072.

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We use PVsyst software to simulate and calculate the first year electricity generation of 4 MW distributed photovoltaic power generation project. In order to analyze and select the suitable power plant operation mode, the total generating capacity of photovoltaic power station in 25 years has been estimated by using component attenuation of 25 years. This research reports on the findings shown by PVsyst software that evaluates the economy aspects brought by two kinds of operation modes which are full grid access mode and spontaneous use of residual power grid access mode. The research content has reference value for the construction of roof distributed photovoltaic power station in China.
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Savic, Nemanja, Vladimir Katic, Boris Dumnic, Dragan Milicevic, Zoltan Corba, and Nenad Katic. "The Investment Justification Estimate and Techno-economic and Ecological Aspects Analysis of the University Campus Microgrid." Electronics ETF 23, no. 1 (September 20, 2019): 26. http://dx.doi.org/10.7251/els1923026s.

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The paper presents the plan and design of the idea of the microgrid at the Faculty of Technical Sciences in Novi Sad (FTN NS) in the university campus, which is based on the application of several different distributed energy sources. The main distributed energy sources used and planned for the distributed electricity generation in the microgrid “FTN NS” are the photovoltaic power plant with a nominal output of 9.6 kW, a photovoltaic power plant with a nominal output power of 16.3 kW, a wind power plant with a nominal output power of 2 kW, a cogeneration plant for combined heat and power production of the nominal output power of 10 kWe + 17.5 kWt, two electric vehicles of 4 kW and 2.5 kW power, and battery energy storage system with a total capacity of 36 kWh. The paper describes the main technical characteristics, the estimation of electricity generation and the estimation of the amount of non-polluted gaseous greenhouse effect for each distributed source of energy. In order to verify the justification of the application of the proposed microgrid concept, a detailed techno-economic and ecological analysis of the aspects of the application of distributed energy sources in the microgrid “FTN NS” was carried out in the paper.
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Tang, Jianhua, and Senyao Wang. "The design scheme of a 31.5 MW mountain photovoltaic power station: a case study." Journal of Physics: Conference Series 2399, no. 1 (December 1, 2022): 012022. http://dx.doi.org/10.1088/1742-6596/2399/1/012022.

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Abstract The development of photovoltaic power generation is of great significance to the realization of double carbon goals. The construction of photovoltaic power stations in mountain areas can save land resources. In this paper, the construction of a 31.5 MW photovoltaic power station in the mountainous area of Yunnan Province, China is analyzed in detail from the aspects of solar energy resource evaluation, and photovoltaic system design, power generation estimation, as well as economic and environmental benefits. The results show that the average sunshine radiation in this area is 5764.3 MJ/m2, which is suitable for building photovoltaic power stations. 24 units are designed with a total of 86320 photovoltaic modules, and the capacity of each module is 365 Wp. Fixed installation is adopted, and the most suitable inclination angle is 28° (south area) and 15° (north area). Correspondingly, the center distance of the front and rear arrays in the south area and north areas is 6 m and 12 m, respectively. The project is economically feasible and has significant environmental benefits.
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Kristiawan, Ruben Bayu, Indah Widiastuti, and Suharno Suharno. "Technical and economical feasibility analysis of photovoltaic power installation on a university campus in indonesia." MATEC Web of Conferences 197 (2018): 08012. http://dx.doi.org/10.1051/matecconf/201819708012.

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Development of Renewable Energy System (RES) in Indonesia is an alternative solution for an increasing of fuel-based energy demand problem. Higher educational institutes may contribute to reducing the energy consumption by implementing green campus policies which include creating a medium-scale solar power installation. The research presents the feasibility analysis of photovoltaic power generation plants development in a university in the southern part of Java Island, Indonesia. In this article, different on/off-grid photovoltaic systems were considered in one of the campuses located in rural area. The technical viability of the proposed solar energy system is analyzed using HOMER software. The economic aspects of the plant are analyzed based on standard parameters, the NPC (Net Present Cost) and IRR (Internal Rate of Return) methods. The simulation studies are carried out to identify technical and cost-effective configuration. Feasibility study of the Photovoltaic energy generation was conducted by revealing their potential contributions and applicabilities. This study gives emphasis to the techno-economic analysis of renovating the energy supply system of a grid-connected large office building through an RES. Finally, results of the research can be used as the preference for the relevant stakeholders and policymakers in developing the grid-connected RES system.
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Andrychowicz, Mateusz. "The Impact of Energy Storage along with the Allocation of RES on the Reduction of Energy Costs Using MILP." Energies 14, no. 13 (June 23, 2021): 3783. http://dx.doi.org/10.3390/en14133783.

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The paper shows a method of optimizing local initiatives in the energy sector, such as energy cooperatives and energy clusters. The aim of optimization is to determine the structure of generation sources and energy storage in order to minimize energy costs. The analysis is carried out for the time horizon of one year, with an hourly increment, taking into account various RES (wind turbines (WT), photovoltaic installations (PV), and biogas power plant (BG)) and loads (residential, commercial, and industrial). Generation sources and loads are characterized by generation/demand profiles in order to take into account their variability. The optimization was carried out taking into account the technical aspects of the operation of distribution systems, such as power flows and losses, voltage levels in nodes, and power exchange with the transmission system, and economic aspects, such as capital and fixed and variable operating costs. The method was calculated by sixteen simulation scenarios using Mixed-Integer Linear Programming (MILP).
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CARVALHO, FRANCISCO IVANHOEL AGUIAR DE, MÔNICA CAVALCANTI SÁ DE ABREU, and JOCILDO FIGUEIREDO CORREIA NETO. "FINANCIAL ALTERNATIVES TO ENABLE DISTRIBUTED MICROGENERATION PROJECTS WITH PHOTOVOLTAIC SOLAR POWER." RAM. Revista de Administração Mackenzie 18, no. 1 (February 2017): 120–47. http://dx.doi.org/10.1590/1678-69712017/administracao.v18n1p120-147.

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ABSTRACT Purpose: To explore financial alternatives to implement PV power generation projects based on the provisions of Normative Resolution n. 482/2012 of the Brazilian Electricity Regulatory Agency (Aneel). This regulation sets forth the general conditions to the access of micro- and minigeneration granted to the electric energy distribution systems through the energy product offset method. Originality/gap/relevance/implications: This paper discusses the need for regulatory changes, greater government participation in the granting of financial and tax incentives so that PV solar power technology in distributed generation can be financially viable for residential consumers. Key methodological aspects: Investment analysis in PV systems used the Net Present Value (NPV) valuation method. The research assessed two scenarios for Grid-Connected PV Systems (GCPVSs), with different solar power usage levels for a residential consumer. Summary of key results: The results point to a low financial viability in the implementation of distributed microgeneration projects, suggesting the need to remove the tax burden and reduce financing costs. Key considerations/conclusions: The study shows the need of flexibilization of the Brazilian regulatory model, with changes that enable the expansion of renewable energy offers, with positive economic outcomes for tariff affordability. Tariff benefits from distributed microgeneration can positively reflect on captive customers, provided that investment risks are reduced.
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Reddy, Srikanth, Lokesh Panwar, Bijaya Ketan Panigrahi, Rajesh Kumar, Lalit Goel, and Ameena Saad Al-Sumaiti. "A profit-based self-scheduling framework for generation company energy and ancillary service participation in multi-constrained environment with renewable energy penetration." Energy & Environment 31, no. 4 (October 21, 2019): 549–69. http://dx.doi.org/10.1177/0958305x19878426.

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This paper presents a profit-based self-scheduling framework for generation company participation in energy and ancillary service markets under multi-constrained environment with renewable energy participation. The participation strategies of generation company include various objectives incorporating economic (profit maximization), environmental (emission minimization), and social (maximum load satisfaction) aspects. The total objective under single, dual and multi-constrained approaches is formulated along with appropriate constraints for energy, spinning reserve, and non-spinning reserve offerings in various markets. In addition, the impact of renewable energy participation in energy market on scheduling decisions of generation company in different markets is also examined. The renewable energy independent power producers namely wind energy and solar photovoltaic energy generators are considered in this study. The sensitivity analysis is also carried out to examine the impact of reserve deployment probability on optimal offerings and generation company surplus in energy as well as ancillary service markets. To solve the proposed framework, binary fireworks algorithm is used, considering the binary natured commitment problem of generation company’s thermal units. The simulation results of proposed framework tested using thermal units, wind energy independent power producer, solar photovoltaic independent power producer are presented for base case and various scenarios involving single, dual and multi objectives. The comparison shows the effectiveness of proposed multi-constrained approach in arriving at optimal offering of generation company under economic, environmental and social constraints. Therefore, this integrated approach can prove to be an effective tool for generation company participation in energy and ancillary service market under renewable participation.
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Tan, Nadia M. L., Agileswari K. Ramasamy, Vigna K. Ramachandaramurthy, Marayati Marsadek, Mohd R. Othman, and Ibrahim Ariffin. "Utility-scale photovoltaic generators: a review on trends, grid code requirements and challenges." Indonesian Journal of Electrical Engineering and Computer Science 18, no. 2 (May 1, 2020): 573. http://dx.doi.org/10.11591/ijeecs.v18.i2.pp573-585.

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<p>This paper provides an overview of the global trends in utility-scale photovoltaic (PV) installed capacity. This paper also presents a comparison of grid-connection requirements of six countries in the continents of Europe, Asia, Africa, and Australia for utility-scale PV generators in normal and abnormal grid conditions. Many country-based grid codes and international standards (IEEE 1547) for interconnection of inverter-based renewable energy generators are demanding stricter grid-connection compliance from utility-scale PV generators to ensure power system safety and reliability as its penetration level increases. This paper then discusses the economic and technical impacts, and explores the preparedness of PV generation systems in meeting the grid code requirements.</p>
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Zhang, Yingyao, and Peng Gao. "Hybrid Photovoltaic/Thermoelectric Systems for Round-the-Clock Energy Harvesting." Molecules 27, no. 21 (November 5, 2022): 7590. http://dx.doi.org/10.3390/molecules27217590.

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Due to their emission-free operation and high efficiency, photovoltaic cells (PVCs) have been one of the candidates for next-generation “green” power generators. However, PVCs require prolonged exposure to sunlight to work, resulting in elevated temperatures and worsened performances. To overcome this shortcoming, photovoltaic–thermal collector (PVT) systems are used to cool down PVCs, leaving the waste heat unrecovered. Fortunately, the development of thermoelectric generators (TEGs) provides a way to directly convert temperature gradients into electricity. The PVC–TEG hybrid system not only solves the problem of overheated solar cells but also improves the overall power output. In this review, we first discuss the basic principle of PVCs and TEGs, as well as the principle and basic configuration of the hybrid system. Then, the optimization of the hybrid system, including internal and external aspects, is elaborated. Furthermore, we compare the economic evaluation and power output of PVC and hybrid systems. Finally, a further outlook on the hybrid system is offered.
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Dissertations / Theses on the topic "Photovoltaic power generation Economic aspects Australia"

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Manrique, Ana Katherine Rodríguez. "Diretrizes para a sustentabilidade de uma minirrede de sistemas solares fotovoltaicos em uma região isolada da Colômbia." Universidade Tecnológica Federal do Paraná, 2015. http://repositorio.utfpr.edu.br/jspui/handle/1/1377.

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CAPES
Este trabalho apresenta o desenvolvimento de um estudo técnico social para definir as diretrizes que garantam a sustentabilidade de uma minirrede baseada em sistemas solares fotovoltaicos, localizados nas Zonas Não Interconectadas (ZNI) da Colômbia. A literatura da pesquisa está baseada na importância da energia elétrica e das construções sustentáveis para o homem e nos princípios de energia solar e de minirredes baseadas em sistemas solares fotovoltaicos. Após este levantamento, aplicou-se o método de pesquisa documental para contextualizar o leitor com os aspectos mais importantes sobre a Colômbia e sua realidade hoje. A partir destes aspectos foi possível concentrar a pesquisa em uma região, selecionada a partir de critérios de recurso solar disponível, economia, segurança, saúde e educação. Uma vez escolhida a região, foi feita uma pesquisa de campo em que foram entrevistados os agentes que podem influenciar no funcionamento de uma minirrede. Também foram observados os aspectos técnicos relacionados com as construções e a eficiência energética desta região, constatando que a mesma já contou, em alguma ocasião, com sistemas solares fotovoltaicos, mas estes foram vendidos pela própria comunidade por não encontrarem utilidade nenhuma neles. A partir das respostas encontradas nas entrevistas foi feita uma proposta de gestão da minirrede baseada em sistemas solares fotovoltaicos. Concluiu-se que é primordial que os agentes técnicos e administrativos do sistema como um todo tenham contato contínuo com o usuário para entender as suas necessidades e conseguir satisfazê-las com a instalação da minirrede. Também se observou que é importante criar no usuário um sentido de posse pela minirrede, identificando os benefícios educativos, de saúde e econômicos que esta nova tecnologia traz para ele. Este estudo abre as portas para novas pesquisas de avaliação e descrição das diretrizes propostas.
This research presents the development of a social-technical study to define guidelines to ensure the sustainability of a mini-grid based on solar photovoltaic systems located in Non Interconnected Areas (NIA) of Colombia. The literature of this research is based on the importance of energy and sustainable buildings to people, the principles of solar PV, and mini-grid based on solar photovoltaic systems. After this firt part, was applied the method of documentary research to contextualize the reader with the main relevant aspects of Colombia related to the research. From these aspects, it was possible to focus the research to a region, which was chosen by criterias such as: solar resource, economy, security, health and education. When the area was chosen, it was made a field survey. In this survey the agents that influence the operation of a mini network were interviwed. Also, it was observed the technical aspects of buildings, and the energy efficiency in this region. As a result it was observed that in the past there were PV solar systems, but these were sold by the community because they did not find them useful. From the interview answers, it was made a proposal about the management of the mini-grid based on solar photovoltaic systems. In conclusion, it is essential that the technical and administrative agents that make part of this system have continuous contact with the user to understand their needs and satisfy them with the installation of mini-grid. It is also important to create a sense of belonging from the user to the mini-grid, identifying the benefits, educational, health and economic that this new technology brings to him. This study opens the door to new research about evaluations and descriptions about the proposed guidelines.
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Lambie, Ross. "Firm investment behaviour under a carbon emissions pricing scheme : a real options analysis of investment in low emissions electricity generation technologies in Australia." Phd thesis, 2013. http://hdl.handle.net/1885/150978.

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A general finding from the growing literature applying 'real options' theory to investment under carbon emission pricing schemes (CEPSs), is that the level of uncertainty in the expected price of carbon is a key factor in the extent to which a CEPS's design provides incentives for a firm to invest in lower carbon emissions technologies. Notwithstanding this finding, major public policy analyses of CEPSs have not utilised real options analysis to gain insights into the effect of a scheme's design on the likely investment behaviour of firms. This thesis argues that real options analysis should be included in the suite of tools for informing public policy on the design of a CEPS. This thesis contributes to understanding the features of a CEPS's design on the decision of a firm in an energy-intensive sector to invest in new lower-carbon emitting plant, when the investment decision lends itself to being characterised as a real option. In contrast to existing real options studies in this area, a simpler analytic approach is adopted based on a model by Cortazar et al. (1998). The approach captures output price and carbon price uncertainties and is solved using contingent claims analysis to find the critical price of output required to trigger the decision to invest. Two empirical applications examine in detail a representative electricity generator's decision to invest in a range of low carbon-emitting and non-carbon emitting electricity generation technologies. The analysis of both a hypothetical CEPS's design in general, and the post-2015 carbon emissions trading scheme under Australia's Clean Energy Future package (CEFETS) in particular, show that there are four effects on the threshold required by a generator to trigger investment in a technology that are attributable to the design of a scheme. In addition to the impact of volatility in the carbon price and its correlation with the output price (the volatility effect) highlighted in other real options studies, three additional investment threshold effects are found that may jointly impact on a firm's decision to invest in a particular technology depending on the design of a CEPS. The three effects consist of the cost effect, the negative cost effect and the subsidy effect. The cost effect arises from the level of the carbon price and impacts only carbon emitting technologies. The negative cost effect and subsidy effect arise from allocations of free carbon emissions rights under a CETS that directly subsidises either a plant's operating costs or investment cost, respectively, and may apply to all technologies.
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Books on the topic "Photovoltaic power generation Economic aspects Australia"

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Krakow, Burton. Photovoltaic technology assessment. Albany, N.Y: New York State Energy Research and Development Authority, 1991.

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Komoto, Keiichi. Energy from the desert: Very large scale photovoltaic systems : socio-economic, financial, technical, and environmental aspects. London: Earthscan, 2009.

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Keiichi, Komoto, ed. Energy from the desert: Very large scale photovoltaic systems : socio-economic, financial, technical, and environmental aspects. Sterling, VA: Earthscan, 2009.

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Kosuke, Kurokawa, ed. Energy from the desert: Very large scale photovoltaic systems : socio-economic, financial, technical, and environmental aspects. Sterling, VA: Earthscan, 2009.

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Keiichi, Komoto, ed. Energy from the desert: Very large scale photovoltaic systems : socio-economic, financial, technical, and environmental aspects. Sterling, VA: Earthscan, 2009.

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Final report: Phase II technical assistance for K.C. Electric Association, task 14-1. Loveland , CO: Western Area Power Administration, Loveland Area Office, 1991.

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Book chapters on the topic "Photovoltaic power generation Economic aspects Australia"

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Chambouleyron, I. "PHOTOVOLTAIC POWER GENERATION: ECONOMIC, SOCIAL AND ENVIRONMENTAL ASPECTS." In Energy and the Environment, 205–12. Elsevier, 1990. http://dx.doi.org/10.1016/b978-0-08-037539-7.50031-4.

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Conference papers on the topic "Photovoltaic power generation Economic aspects Australia"

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Abdullah, Mohammad Omar, Voon Chun Yung, Audra Anak Jom, Alvin Yeo Wee, Martin Anyi, Khairuddin B. Ab Hamid, John Tarawe, and James Tarawe. "Energy Sustainability Study of a Rural ICT Telecenter at the Bario Highland." In ASME 2007 Energy Sustainability Conference. ASMEDC, 2007. http://dx.doi.org/10.1115/es2007-36061.

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The eBario project has won the eAsia Award and the Mondialogo Engineering Award in 2004 and 2005 respectively for it’s successful implementation of an Information and Telecommunications Technology Center (ICT) and solar renewable energy-incentive rural community project at the Bario Highland of Sarawak, East Malaysia, Borneo (http://www.unimas.my/ebario/). Although solar photovoltaic (PV) energy has been opted for power generation at the ICT Telecenter for the past five years, there is still a need to investigate the cost-effectiveness of the current energy setup as well as to conduct sustainability study taking into account factors such as system efficiency, weather, costs of fuel, operating costs, as well as to explore the feasibility of implementing alternative energy resources for the rural ICT Telecenter. Recent theoretical study conducted has shown that renewable combined power systems are more sustainable in terms of supplying electricity to the ICT Telecenter, and in a more cost-effective way compared to a standalone PV system which is subject to the cloud and the recent dense haze problems. For that purpose, two combined power systems are being put into consideration namely PV-Hydro and PV-Hydro-Fuel Cell, where the total simulated annualized cost for these two system configurations are US$10,847 and US$76,010 respectively as far as the present location is concerned. The PVHydro-Fuel Cell produces electrical energy at the amount of 3,577 kWh/yr while the annual energy consumption is 3,203 kWhr/yr. On the other hand, PV-Hydro produces 3,789 kWhr/yr of electricity annually load which consumes energy at 3,209 kWhr/yr. Results thus obtained has shown that the PVHydro scheme is expected to have advantages over the existing PV standalone system. Firstly, it is more cost-effective. Secondly, it provides the best outcomes for the local indigenous community and the natural highland environments both for now and the future. Thirdly, it also able to relate the continuity of both economic and social aspects of the local society as a whole. As the combined PV-Hydro system had been chosen, plus for completeness purposes, the present paper also discussed the custom design and construction of a small waterwheel breast-shot hydro-generator, suited to the local location and existing water energy resources. Energy saving design calculations and Sankey diagram showing the energy flows for the new combined system are also given herein. Finally, the energy system performance equations and the performance curves introduced in this study provide a new simple method of evaluating renewable energy systems.
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Reports on the topic "Photovoltaic power generation Economic aspects Australia"

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Rusk, Todd, Ryan Siegel, Linda Larsen, Tim Lindsey, and Brian Deal. Technical and Financial Feasibility Study for Installation of Solar Panels at IDOT-owned Facilities. Illinois Center for Transportation, August 2021. http://dx.doi.org/10.36501/0197-9191/21-024.

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The Smart Energy Design Assistance Center assessed the administrative, technical, and economic aspects of feasibility related to the procurement and installation of photovoltaic solar systems on IDOT-owned buildings and lands. To address administrative feasibility, we explored three main ways in which IDOT could procure solar projects: power purchase agreement (PPA), direct purchase, and land lease development. Of the three methods, PPA and direct purchase are most applicable for IDOT. While solar development is not free of obstacles for IDOT, it is administratively feasible, and regulatory hurdles can be adequately met given suitable planning and implementation. To evaluate IDOT assets for solar feasibility, more than 1,000 IDOT sites were screened and narrowed using spatial analytic tools. A stakeholder feedback process was used to select five case study sites that allowed for a range of solar development types, from large utility-scale projects to small rooftop systems. To evaluate financial feasibility, discussions with developers and datapoints from the literature were used to create financial models. A large solar project request by IDOT can be expected to generate considerable attention from developers and potentially attractive PPA pricing that would generate immediate cash flow savings for IDOT. Procurement partnerships with other state agencies will create opportunities for even larger projects with better pricing. However, in the near term, it may be difficult for IDOT to identify small rooftop or other small on-site solar projects that are financially feasible. This project identified two especially promising solar sites so that IDOT can evaluate other solar site development opportunities in the future. This project also developed a web-based decision-support tool so IDOT can identify potential sites and develop preliminary indications of feasibility. We recommend that IDOT begin the process of developing at least one of their large sites to support solar electric power generation.
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