Parametric assessment of concentrated photovoltaic parks for the Mediterranean region

Solar electricity produced by concentrated photovoltaic (CPV) solar cells is an alternative renewable energy technology for sustainably providing the world's future energy requirements. Although the technology is relatively recent, it could potentially become viable in regions with high direct...

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Main Author: Poullikkas, Andreas (author)
Other Authors: Hadjipaschalis, Ioannis (author), Kourtis, George (author)
Format: article
Published: 2013
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Online Access:http://hdl.handle.net/11073/8149
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author Poullikkas, Andreas
author2 Hadjipaschalis, Ioannis
Kourtis, George
author2_role author
author
author_facet Poullikkas, Andreas
Hadjipaschalis, Ioannis
Kourtis, George
author_role author
dc.creator.none.fl_str_mv Poullikkas, Andreas
Hadjipaschalis, Ioannis
Kourtis, George
dc.date.none.fl_str_mv 2013
2016-02-29T08:15:18Z
2016-02-29T08:15:18Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv Poullikkas, Andreas, Ioannis Hadjipaschalis, and George Kourtis. "Parametric assessment of concentrated photovoltaic parks for the Mediterranean region." International Journal of Sustainable Energy 32, no. 1 (2013): 42–52.
1478-6451
1478-646X
http://hdl.handle.net/11073/8149
10.1080/14786451.2011.595794
dc.language.none.fl_str_mv en_US
dc.relation.none.fl_str_mv http://www.tandfonline.com/doi/abs/10.1080/14786451.2011.595794
dc.subject.none.fl_str_mv solar energy
photovoltaic systems
concentrated photovoltaics
renewable energy sources
dc.title.none.fl_str_mv Parametric assessment of concentrated photovoltaic parks for the Mediterranean region
dc.type.none.fl_str_mv info:eu-repo/semantics/publishedVersion
info:eu-repo/semantics/article
description Solar electricity produced by concentrated photovoltaic (CPV) solar cells is an alternative renewable energy technology for sustainably providing the world's future energy requirements. Although the technology is relatively recent, it could potentially become viable in regions with high direct irradiance levels, such as the Mediterranean region. The main objective of this feasibility study is to investigate whether the installation of CPV parks in the Mediterranean region is economically feasible. The study takes as an example the available solar potential of the island of Cyprus as well as all available data concerning the current renewable energy sources policy of the island. In order to identify the least cost-feasible option for the installation of 1 MW CPV park, a parametric cost–benefit analysis is carried out by varying the CPV park capital investment, the discount rate and the CO2 emission trading scheme price. The results indicate that in the case where no feed-in tariff scheme is available, the capital expenditure of the CPV park is a critical parameter for the financial viability of the project.
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identifier_str_mv Poullikkas, Andreas, Ioannis Hadjipaschalis, and George Kourtis. "Parametric assessment of concentrated photovoltaic parks for the Mediterranean region." International Journal of Sustainable Energy 32, no. 1 (2013): 42–52.
1478-6451
1478-646X
10.1080/14786451.2011.595794
language_invalid_str_mv en_US
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oai_identifier_str oai:repository.aus.edu:11073/8149
publishDate 2013
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spelling Parametric assessment of concentrated photovoltaic parks for the Mediterranean regionPoullikkas, AndreasHadjipaschalis, IoannisKourtis, Georgesolar energyphotovoltaic systemsconcentrated photovoltaicsrenewable energy sourcesSolar electricity produced by concentrated photovoltaic (CPV) solar cells is an alternative renewable energy technology for sustainably providing the world's future energy requirements. Although the technology is relatively recent, it could potentially become viable in regions with high direct irradiance levels, such as the Mediterranean region. The main objective of this feasibility study is to investigate whether the installation of CPV parks in the Mediterranean region is economically feasible. The study takes as an example the available solar potential of the island of Cyprus as well as all available data concerning the current renewable energy sources policy of the island. In order to identify the least cost-feasible option for the installation of 1 MW CPV park, a parametric cost–benefit analysis is carried out by varying the CPV park capital investment, the discount rate and the CO2 emission trading scheme price. The results indicate that in the case where no feed-in tariff scheme is available, the capital expenditure of the CPV park is a critical parameter for the financial viability of the project.2016-02-29T08:15:18Z2016-02-29T08:15:18Z2013info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfPoullikkas, Andreas, Ioannis Hadjipaschalis, and George Kourtis. "Parametric assessment of concentrated photovoltaic parks for the Mediterranean region." International Journal of Sustainable Energy 32, no. 1 (2013): 42–52.1478-64511478-646Xhttp://hdl.handle.net/11073/814910.1080/14786451.2011.595794en_UShttp://www.tandfonline.com/doi/abs/10.1080/14786451.2011.595794oai:repository.aus.edu:11073/81492024-08-22T12:18:35Z
spellingShingle Parametric assessment of concentrated photovoltaic parks for the Mediterranean region
Poullikkas, Andreas
solar energy
photovoltaic systems
concentrated photovoltaics
renewable energy sources
status_str publishedVersion
title Parametric assessment of concentrated photovoltaic parks for the Mediterranean region
title_full Parametric assessment of concentrated photovoltaic parks for the Mediterranean region
title_fullStr Parametric assessment of concentrated photovoltaic parks for the Mediterranean region
title_full_unstemmed Parametric assessment of concentrated photovoltaic parks for the Mediterranean region
title_short Parametric assessment of concentrated photovoltaic parks for the Mediterranean region
title_sort Parametric assessment of concentrated photovoltaic parks for the Mediterranean region
topic solar energy
photovoltaic systems
concentrated photovoltaics
renewable energy sources
url http://hdl.handle.net/11073/8149