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Economic assessment of large power photovoltaic irrigation systems in the ECOWAS region
Citation
Lorenzo Navarro, Celena and Hogan Teves de Almeida, Rita and Martínez Núñez, Margarita and Narvarte Fernández, Luis and Carrasco Moreno, Luis Miguel (2018). Economic assessment of large power photovoltaic irrigation systems in the ECOWAS region. "Energy", v. 155 ; pp. 992-1003. ISSN 0360-5442. https://doi.org/10.1016/j.energy.2018.05.066.
Description
| Title: | Economic assessment of large power photovoltaic irrigation systems in the ECOWAS region |
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| Author/s: |
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| Item Type: | Article |
| Título de Revista/Publicación: | Energy |
| Date: | July 2018 |
| ISSN: | 0360-5442 |
| Volume: | 155 |
| Subjects: | |
| Freetext Keywords: | Photovoltaic; Irrigation system; Economic assessment; Renewable energy |
| Faculty: | Instituto de Energía Solar (IES) (UPM) |
| Department: | Ingeniería Telemática y Electrónica |
| UPM's Research Group: | Sistemas Fotovoltáicos |
| Creative Commons Licenses: | None |
Abstract
This paper presents an economic assessment of large power (from tens to hundreds kWp) PV irrigation systems in the ECOWAS region, evaluating the economic feasibility of substituting diesel-powered and grid-powered systems with PV ones. Seven countries from the ECOWAS region were considered and two irrigation operating modes were compared (pumping to a water tank or at constant pressure). Net Present Cost (NPC) values are in the 0.33-41.5 x 105 $ range, Internal Rate of Return (IRR) values are in the 8e47% range and Payback Period (PBP) values are in the 2.1e10 years range. The economic savings in terms of Levelized Cost of Energy, LCOE, were also evaluated. LCOE for PV irrigation systems are in the 4.5 - 17.4 $cents/kWh range, which represent percentage savings of 30-84% if compared to diesel-powered and grid- powered systems.
Funding Projects
Type
Code
Acronym
Leader
Title
Horizon 2020
640771
MASLOWATEN
Luis Narvarte Fernández
MArket uptake of an innovative irrigation Solution based on LOW WATer-ENergy consumption
More information
| Item ID: | 50966 |
|---|---|
| DC Identifier: | https://oa.upm.es/50966/ |
| OAI Identifier: | oai:oa.upm.es:50966 |
| DOI: | 10.1016/j.energy.2018.05.066 |
| Official URL: | https://www.sciencedirect.com/science/article/pii/... |
| Deposited by: | Dr. Luis Narvarte Fernández |
| Deposited on: | 23 May 2018 06:44 |
| Last Modified: | 13 Dec 2022 09:09 |
