干旱区生态环境知识资源中心(Arid): Performance and economic viability of the PV system in different climatic zones of Nigeria

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DOI	10.1016/j.seta.2020.100987
	Performance and economic viability of the PV system in different climatic zones of Nigeria
	Umar, Najib Hamisu; Bora, Birinchi; Banerjee, Chandan; Gupta, Pallavi; Anjum, Namwar
通讯作者	Umar, NH (corresponding author), Sharda Univ, Greater Noida 201306, Uttar Pradesh, India.
来源期刊	SUSTAINABLE ENERGY TECHNOLOGIES AND ASSESSMENTS
ISSN	2213-1388
EISSN	2213-1396
出版年	2021
卷号	43
英文摘要	This study analyzed the effect of climatic variation on PV systems' performance and economic viability in four climatic zones of Nigeria (warm desert, warm semi-arid, tropical savanna, and monsoon climate). Performance ratio was found to be high in monsoon and tropical savanna climate due to the influence of cool-moist air from the ocean, low temperature, and increased cloud cover in the region. Meanwhile, the least performance ratio was noticed in the warm desert and warm semi-arid climate due to the dusty wind from the Sahara desert, relatively high temperature, and low precipitation in the region. In order to assess the cost-effectiveness and profitability of the solar project in Nigeria, the Levelized cost of electricity (LCOE), net present value (NPV), internal rate of return (IRR), and payback period (PP) were employed. The average LCOE across the climatic zones is 0.21 $/kWh, which is lower compared to the 0.25 $/kWh grid tariff. The average NPV and IRR are found to be $31,164 and 22%, respectively, making the project economically feasible. However, the payback period was found to be ranging from 3.7 to 5.2 years. Finally, the analysis has proven that solar PV technology is economically viable and profitable in Nigeria.
英文关键词	Photovoltaic system Performance ratio Levelized cost of energy Net present value Internal rate of return Payback period
类型	Article
语种	英语
收录类别	SCI-E
WOS记录号	WOS:000621046400004
WOS类目	Green & Sustainable Science & Technology ; Energy & Fuels
WOS研究方向	Science & Technology - Other Topics ; Energy & Fuels
资源类型	期刊论文
条目标识符	http://119.78.100.177/qdio/handle/2XILL650/351874
作者单位	[Umar, Najib Hamisu; Gupta, Pallavi] Sharda Univ, Greater Noida 201306, Uttar Pradesh, India; [Bora, Birinchi; Banerjee, Chandan; Anjum, Namwar] Natl Inst Solar Energy, Gurugram, India
推荐引用方式 GB/T 7714	Umar, Najib Hamisu,Bora, Birinchi,Banerjee, Chandan,et al. Performance and economic viability of the PV system in different climatic zones of Nigeria[J],2021,43.
APA	Umar, Najib Hamisu,Bora, Birinchi,Banerjee, Chandan,Gupta, Pallavi,&Anjum, Namwar.(2021).Performance and economic viability of the PV system in different climatic zones of Nigeria.SUSTAINABLE ENERGY TECHNOLOGIES AND ASSESSMENTS,43.
MLA	Umar, Najib Hamisu,et al."Performance and economic viability of the PV system in different climatic zones of Nigeria".SUSTAINABLE ENERGY TECHNOLOGIES AND ASSESSMENTS 43(2021).