Performance analysis of photovoltaic systems and energy return on the environment economy

Abstract

Using fossil fuels and non-renewable forms of energy has many adverse effects on the global ecosystem, and global demand exceeds the limited available resources. Renewable energy is one of the essential elements of social and economic development in any civilized country. This study comprises a feasibility study of the implementation of PV systems in a hybrid diesel network and analyzes the relationship between the effective uses of photovoltaic systems, the return of energy to the environment, and that country’s national economy. As a potential solution for the public and private utilities, the sunny web design application was used to calculate of all equipment requirements, presents a cost-effective analysis of electricity saving, and simulate PV/diesel-hybrid systems. Detailed results show that using photovoltaic systems can foster positive developments in several areas (for cost comparisons, effective savings, sensitivity analyses, photovoltaic system costs, photovoltaic system financing, generator operation, and investment costs) for up to 20 years or more and simultaneously reduce CO2 emissions significantly. Therefore, this study conducts an intensive assessment of renewable energy potential for government and private facilities (ministries, universities, hospitals, schools, etc.), which will provide useful insights for renewable energy engineers.