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Journal of the Korean Institute of Illuminating and Electrical Installation Engineers

ISO Journal TitleJ Korean Inst. IIIum. Electr. Install. Eng.
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Title Economic Evaluation Method for Photovoltaic System Development using Insolation Data Analysis
Authors Sung-Hun Lee ; Hyeong-Cheol Choi ; Dong-Keun Lee ; Jin-O Kim
DOI http://dx.doi.org/10.5207/JIEIE.2011.25.10.038
Page pp.38-46
ISSN 1225-1135
Keywords Photovoltaic System ; Insolation ; Economic Evaluation ; RETScreen ; Clear-day Analsis
Abstract Recently, interests in renewable energy have gradually increased. Of various renewable energy, Photovoltaic system has the properties affected by weather. This paper discusses the economic evaluation based on insolation data analysis. Real insolation data were obtained by radiation measurement device installed in projected photovoltaic system site during 20 months. Obtained real insolation data were standardized using clear day analysis. Standardized data are greater than obtained real insolation data and were used as parameters of RETScreen for the economic evaluation. In results, capacity(30[kW]) of soon cheon is shown the most B/C(1.20). Applied methods have effectively done to develop photovoltaic system.