The levelized cost of energy (LCOE) is widely used for evaluating the cost of energy generation across technologies. In a utility-scale high-concentrator photovoltaic system (HCPV), capacity factor (CF) and ground-coverage ratio (GCR) are the two fundamental drivers for determining the LCOE. However the LCOE is a complex function of various parameters, which is not explicitly defined in terms of these two factors. In this chapter, based on a cost function that simplifies the LCOE in terms of CF and GCR, the method for modeling utility-scale HCPV systems is considered.
CITATION STYLE
Kim, Y. S. (2015). Modeling of high-concentrator photovoltaic systems for utility-scale applications. Green Energy and Technology, 190, 153–175. https://doi.org/10.1007/978-3-319-15039-0_6
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