Economic analysis of 80kw solar PV system with grid and without grid by using homer pro software

Abstract

This paper describes an economic analysis of 80kW solar PV system connected to Grid. PV system solar energy is an important source to produce electricity now-a-days. 80kW solar PV system is designed by using MATLAB/Simulink Software and analysed the performance evaluation of this system with respect to MATLAB readings of 80kw system designed for on-grid and off-grid using HOMER software to compare the economic analysis of both systems. Compare these on-grid and off-grid systems using homer pro software to calculate the cost of energy (COE) and net present cost (NPC).These Results will help in an optimization techniques and further investigations in solar PV system.