A bankable method of assessing the performance of a CPV plant

Leloux, Jonathan and Lorenzo Pigueiras, Eduardo and García Domingo, Beatriz and Aguilera Tejero, Jorge and Gueymard, Christian A. (2014). A bankable method of assessing the performance of a CPV plant. "Applied Energy", v. 118 ; pp. 1-11. ISSN 0306-2619. https://doi.org/10.1016/j.apenergy.2013.12.014.

Description

Title: A bankable method of assessing the performance of a CPV plant
Author/s:
  • Leloux, Jonathan
  • Lorenzo Pigueiras, Eduardo
  • García Domingo, Beatriz
  • Aguilera Tejero, Jorge
  • Gueymard, Christian A.
Item Type: Article
Título de Revista/Publicación: Applied Energy
Date: April 2014
ISSN: 0306-2619
Volume: 118
Subjects:
Freetext Keywords: CPV; Assessment; Commissioning; Bankability; CPA; CFA
Faculty: E.T.S.I. Telecomunicación (UPM)
Department: Electrónica Física
Creative Commons Licenses: Recognition - No derivative works - Non commercial

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Abstract

Concentrating Photovoltaics (CPV) is an alternative to flat-plate module photovoltaic (PV) technology. The bankability of CPV projects is an important issue to pave the way toward a swift and sustained growth in this technology. The bankability of a PV plant is generally addressed through the modeling of its energy yield under a baseline loss scenario, followed by an on-site measurement campaign aimed at verifying its energy performance. This paper proposes a procedure for assessing the performance of a CPV project, articulated around four main successive steps: Solar Resource Assessment, Yield Assessment, Certificate of Provisional Acceptance, and Certificate of Final Acceptance. This methodology allows the long-term energy production of a CPV project to be estimated with an associated uncertainty of ≈5%. To our knowledge, no such method has been proposed to the CPV industry yet, and this critical situation has hindered or made impossible the completion of several important CPV projects undertaken in the world. The main motive for this proposed method is to bring a practical solution to this urgent problem. This procedure can be operated under a wide range of climatic conditions, and makes it possible to assess the bankability of a CPV plant whose design uses any of the technologies currently available on the market. The method is also compliant with both international standards and local regulations. In consequence, its applicability is both general and international.

Funding Projects

TypeCodeAcronymLeaderTitle
FP7308468PVCROPSUniversidad Politécnica de MadridPhotoVoltaic Cost reduction, Reliability, Operational performance, Prediction and Simulation

More information

Item ID: 38841
DC Identifier: http://oa.upm.es/38841/
OAI Identifier: oai:oa.upm.es:38841
DOI: 10.1016/j.apenergy.2013.12.014
Official URL: http://www.sciencedirect.com/science/article/pii/S0306261913010131
Deposited by: Memoria Investigacion
Deposited on: 23 Dec 2015 17:39
Last Modified: 01 May 2016 22:56
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