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Records with Keyword: Technoeconomic Analysis
76. LAPSE:2023.19525
Experimental Analysis of Bi-Directional Heat Trading Operation Integrated with Heat Prosumers in Thermal Networks
March 9, 2023 (v1)
Subject: Process Design
Keywords: bi-directional thermal trade, heat prosumer, Technoeconomic Analysis, thermal network
District cooling and heating methods that can utilize highly efficient heat pumps and various unused new and renewable types of energy are required to achieve low carbon emissions and zero energy usage in buildings and community units. The technical requirements for the implementation of decentralized thermal networks and heat trading are increasing, both for thermal networks in new buildings and for those remodeled based on existing centralized thermal networks. In this study, a conventional centralized thermal network was implemented as a decentralized thermal network and the possibility of heat prosumers feeding thermal networks was demonstrated experimentally. A real-scale plant was constructed by employing unused thermal energy facilities as prosumers in a school and childcare center based on the existing small-scale block heating and cooling thermal network. The decentralized thermal network and heat prosumer concepts were proven through operation experiments performed on the con... [more]
77. LAPSE:2023.19435
Investigation of Optimal Hybrid Energy Systems Using Available Energy Sources in a Rural Area of Bangladesh
March 9, 2023 (v1)
Subject: Process Design
Keywords: cost of energy, hybrid renewable system of energy, net present cost, photovoltaic system, Technoeconomic Analysis
The aims of this paper are to develop hybrid energy systems considering biomass energy sources as well as a framework and optimal configuration of hybrid systems of energy for a southern sub-urban area of Bhola district in Bangladesh, named Kukri Mukri island, and analyse the feasibility of the techno-economic prospects of these systems. In this work, electrification for the rural area is analysed for different configurations of the hybrid systems. The estimation of available resources with optimal sizing and analysis of techno-economic aspects is done through HOMER Pro software to satisfy the demand of peak load. Different configurations of hybrid energy systems, including PV/diesel, PV/wind, PV/diesel/wind, PV/wind/diesel/biomass, and wind/diesel, are analysed and compared through optimization of different energy sources in HOMER. The size of the system and components are optimized and designed depending on the net present cost (NPC) and the levelized cost of energy (LCOE). Due to th... [more]
78. LAPSE:2023.19091
Interlinking the Renewable Electricity and Gas Sectors: A Techno-Economic Case Study for Austria
March 9, 2023 (v1)
Subject: Process Design
Keywords: decarbonisation, electrolysis, green hydrogen, levelised cost of hydrogen, national energy system, national potential, power to gas, scenario analysis, Technoeconomic Analysis
Achieving climate neutrality requires a massive transformation of current energy systems. Fossil energy sources must be replaced with renewable ones. Renewable energy sources with reasonable potential such as photovoltaics or wind power provide electricity. However, since chemical energy carriers are essential for various sectors and applications, the need for renewable gases comes more and more into focus. This paper determines the Austrian green hydrogen potential, produced exclusively from electricity surpluses. In combination with assumed sustainable methane production, the resulting renewable gas import demand is identified, based on two fully decarbonised scenarios for the investigated years 2030, 2040 and 2050. While in one scenario energy efficiency is maximised, in the other scenario significant behavioural changes are considered to reduce the total energy consumption. A techno-economic analysis is used to identify the economically reasonable national green hydrogen potential... [more]
79. LAPSE:2023.18174
What Are the Policy Impacts on Renewable Jet Fuel in Sweden?
March 7, 2023 (v1)
Subject: Energy Policy
Keywords: Biofuels, electrofuels, policy mix, spatial and temporal analysis, supply-chain optimization, sustainable aviation fuels, Sweden, Technoeconomic Analysis
The aviation industry contributes to more than 2% of global human-induced CO2-emissions, and it is expected to increase to 3% by 2050 as demand for aviation grows. As the industry is still dependent on conventional jet fuel, an essential component for a carbon-neutral growth is low-carbon, sustainable aviation fuels, for example alternative drop-in fuels with biobased components. An optimization model was developed for the case of Sweden to examine the impacts of carbon price, blending mandates and penalty fee (for not reaching the blending mandate) on the production of renewable jet fuel (RJF). The model included biomass gasification-based Fischer−Tropsch (FT) jet fuel, Power-to-Liquid (PTL) jet fuel through the FT route and Hydrothermal liquefaction (HTL)-based jet fuel. Thus, this study aims at answering how combining different policies for the aviation sector can support the production of RJF in Sweden while reducing greenhouse gas (GHG) emissions. The results demonstrate the impor... [more]
80. LAPSE:2023.17944
Valuation of Distributed Wind in an Isolated System
March 7, 2023 (v1)
Subject: Process Design
Keywords: benefit–cost analysis, distributed energy resources, distributed wind, economics, isolated systems, remote communities, Technoeconomic Analysis, valuation
Remote communities are increasingly adopting renewable energy, such as wind, as they transition away from diesel energy generation. It is important to understand the benefits and costs of wind energy to isolated systems so that decision-makers can optimize their choices in these communities. There are few examples of valuation of wind energy as a distributed resource and numerous differences in valuation approaches, especially in the inclusion of environmental and economic impacts. We apply a distributed wind valuation framework to calculate the benefits and costs of wind in St. Mary’s, Alaska, to the local electric cooperative and to society, finding that the project does not have a favorable benefit-to-cost ratio unless societal benefits are included, in which case the benefit-to-cost ratio is nearly double. Government funding is important to reducing the initial capital expenditures of this wind project and will likely be the case for projects with similar characteristics. Additiona... [more]
81. LAPSE:2023.16117
Cost and Emissions Reduction in CO2 Capture Plant Dependent on Heat Exchanger Type and Different Process Configurations: Optimum Temperature Approach Analysis
March 3, 2023 (v1)
Subject: Process Design
Keywords: Carbon Dioxide Capture, MEA, process simulation, Technoeconomic Analysis, waste heat
The performance of a plate heat exchanger (PHE), in comparison with the conventional shell and tube types, through a trade-off analysis of energy cost and capital cost resulting from different temperature approaches in the cross-exchanger of a solvent-based CO2 capture process, was evaluated. The aim was to examine the cost reduction and CO2 emission reduction potentials of the different heat exchangers. Each specific heat exchanger type was assumed for the cross-exchanger, the lean amine cooler and the cooler to cool the direct contact cooler’s circulation water. The study was conducted for flue gases from a natural-gas combined-cycle power plant and the Brevik cement plant in Norway. The standard and the lean vapour compression CO2 absorption configurations were used for the study. The PHE outperformed the fixed tube sheet shell and tube heat exchanger (FTS-STHX) and the other STHXs economically and in emissions reduction. The optimal minimum temperature approach for the PHE cases ba... [more]
82. LAPSE:2023.15734
Assessment of Waterfront Office Redevelopment Plan on Optimal Building Arrangements with Rooftop Photovoltaics: A Case Study for Shinagawa, Tokyo
March 2, 2023 (v1)
Subject: Process Design
Keywords: building, CO2 emission, electricity demand, photovoltaics, Technoeconomic Analysis, urban decarbonization
Designing waterfront redevelopment generally focuses on attractiveness, leisure, and beauty, resulting in various types of building and block shapes with limited considerations on environmental aspects. However, increasing climate change impacts necessitate these buildings to be sustainable, resilient, and zero CO2 emissions. By producing five scenarios (plus existing buildings) with constant floor areas, we investigated how buildings and district forms with building integrated photovoltaics (BIPV) affect energy consumption and production, self-sufficiency, CO2 emission, and energy costs in the context of waterfront redevelopment in Tokyo. From estimated hourly electricity demands of the buildings, techno-economic analyses were conducted for rooftop PV systems for 2018 and 2030 with declining costs of rooftop PV systems. We found that environmental building designs with rooftop PV system are increasingly economical in Tokyo with CO2 emission reduction of 2−9% that depends on rooftop si... [more]
83. LAPSE:2023.15492
A Techno-Economic Analysis of Energy Storage Components of Microgrids for Improving Energy Management Strategies
March 2, 2023 (v1)
Subject: Process Design
Keywords: aging modelling, lithium-ion batteries, microgrids, supercapacitors, Technoeconomic Analysis
Microgrids are essential elements of the energy transition because they allow optimal use of renewable energy sources (photovoltaic panels, wind turbines) and storage devices (batteries, supercapacitors) by connecting them to consumption poles (e.g., buildings, charging stations of electric vehicles). Lithium-ion batteries and supercapacitors are the main electrical storage devices usually used by microgrids for energy and power transient management. In the present paper, microgrid simulations have been performed. Electrothermal and aging models of storage components are presented. Strategies and scenarios for the batteries are presented either based on the state of charge limitation or hybrid association with supercapacitors. The contribution of this study is to provide a management strategy which considers the aging of storage systems in the real-time management of the microgrid in order to extend their life, while minimizing installation costs. The first approach for a techno-econom... [more]
84. LAPSE:2023.15474
Comparison of China’s Biomass Combustion Power Generation with Different Installed Capacities
March 2, 2023 (v1)
Subject: Process Design
Keywords: Biomass, installed capacity, operating status, power generation, Technoeconomic Analysis
As a major technical route to utilize biomass energy, biomass combustion power generation (BCPG) has been shown to be of environmental and economic significance. According to the operating experience, the installed capacity has a decisive impact on the operation and economic return of BCPG projects. In China, an installed capacity of either 30 MW or 12 MW is often chosen for constructing a BCPG project. To explore which one is more suitable for China, this paper uses actual operating data to compare the operation performance and techno-economics of two representative BCPG projects with an installed capacity of 30 MW and 12 MW. The results show that the operation situation and electricity production of the 30 MW project are better than those of the 12 MW project. The 30 MW project has a lower biomass consumption than the 12 MW project to produce per unit of electricity. The Internal Rate of Return (IRR) of the 30 MW project is greater than the industry benchmark in China and is almost t... [more]
85. LAPSE:2023.15037
Parametric Thermo-Economic Analysis of a Power-to-Gas Energy System with Renewable Input, High Temperature Co-Electrolysis and Methanation
March 2, 2023 (v1)
Subject: Process Design
Keywords: co-electrolysis, methanation, Power-to-Gas, renewables, storage system, Technoeconomic Analysis
A complete thermo-economic analysis on a cutting-edge Power-to-Gas system that comprises innovative technologies (a Solid Oxide Electrolyte Cell co-electrolyzer and an experimental methanator) and coupled with a renewable generator is provided in this study. The conducted economic analysis (which has never been applied to this typology of system) is aimed at the estimation of the synthetic natural gas cost of a product through a cash flow analysis. Various plant configurations—with different operating temperatures and pressure levels of the key components (electrolyzer: 600−850 °C; 1−8 bar)—are compared to identify possible thermal synergies. Parametric investigations are performed, to assess both the effect of the thermodynamic arrangements and of the economic boundary conditions. Results show that the combination of a system at ambient pressure and with a thermal synergy between the co-electrolyzer and the high-temperature methanator presents the best economic performance (up to 8% l... [more]
86. LAPSE:2023.13853
Design and Techno-Economic Analysis of a Novel Hybrid Offshore Wind and Wave Energy System
March 1, 2023 (v1)
Subject: Process Design
Keywords: Dynamic Modelling, floating offshore wind, hybrid energy solutions, hydrostatic analysis, LCOE, offshore wind energy, point absorber, Technoeconomic Analysis, wave energy converter, wind farm
In the past few years, advanced technologies such as floating offshore wind turbines (FOWT) and wave energy converters (WECs) have been developed. As demonstrated by the innovative hybrid platform Poseidon, the feasibility of combining floating wind turbines and wave energy converters has already been explored. Furthermore, diversification of offshore renewable energy technologies reduces power fluctuations and lowers investment costs. This paper focuses on the development of an integrated wind and wave platform and the creation of a numerical model to evaluate the system performance for the Belmullet site. The novel concept consists of the semi-submersible Nautilus platform, integrated with four-point absorbers. A hydro-servo-aero time-domain model, combining WEC-Sim with an in-house wind turbine model, simulated the device motion and estimated the power generated. The performance of the Wave Energy Converters (WECs) was optimised based on their Power Take Off (PTO) damping. Finally,... [more]
87. LAPSE:2023.12875
A Simplified Techno-Economic Analysis for Sophorolipid Production in a Solid-State Fermentation Process
February 28, 2023 (v1)
Subject: Process Design
Keywords: biosurfactant, solid-state fermentation, sophorolipids, Technoeconomic Analysis, waste
Sophorolipids (SLs) are microbial biosurfactants with an important role in industry and a continuously growing market. This research addresses the use of sustainable resources as feedstock for bioproducts. Winterization oil cake (WOC) and molasses are suitable substrates for SLs via solid-state fermentation (SSF). The model proposed herein was established for annually processing 750 t of WOC and comparing three support materials: wheat straw (WS), rice husk (RH), and coconut fiber (CF). Production capacity ranged 325−414 t of SLs per year. Unit Production Cost was 5.1, 5.7, and 6.9 USD/kg SL for WS, RH, and CF production models, respectively, and was slightly lower with other substrates. Financial parameters were CAPEX 6.7 MM USD and OPEX 1.9 MM USD/y, with a NPV, IRR and payback time of 6.4 MM USD, 31% and 3.2 y, respectively. SLs recovery from the solid matrix was the major contributor to operating costs, while fermentation equipment shaped capital costs. Results show that the physic... [more]
88. LAPSE:2023.12434
A Critical Review on the Use of Shallow Geothermal Energy Systems for Heating and Cooling Purposes
February 28, 2023 (v1)
Subject: Process Design
Keywords: borehole heat exchanger, collector, geoenergetics, grout, Optimization, shallow geothermal energy, Technoeconomic Analysis
The reduction of CO2 emissions has become a global concern. In this regard, the EU intends to cut CO2 emissions by 55% by 2030 compared to those of 1990. The utilization of shallow geothermal energy (SGE) in EU countries is considered the most effective measure for decarbonizing heating and cooling. SGE systems utilize heat energy collected from the earth’s crust to provide secure, clean, and ubiquitous energy. This paper provides a literature review on the use of SGE for heating and cooling purposes. The latest advances in materials, new innovative structures, and techno-economic optimization approaches have been discussed in detail. Shallow geothermal energy’s potential is first introduced, and the innovative borehole structures to improve performance and reduce installation cost is outlined. This is followed by an extensive survey of different types of conventional and thermally enhanced collectors and grouts. Attention is mainly given to the techno-economic analysis and optimizatio... [more]
89. LAPSE:2023.11813
Ultra-Cheap Renewable Energy as an Enabling Technology for Deep Industrial Decarbonization via Capture and Utilization of Process CO2 Emissions
February 28, 2023 (v1)
Subject: Energy Systems
Keywords: carbon capture and utilization, Hydrogen, renewable energy transition, renewable methanol, solar energy, Technoeconomic Analysis
Rapidly declining costs of renewable energy technologies have made solar and wind the cheapest sources of energy in many parts of the world. This has been seen primarily as enabling the rapid decarbonization of the electricity sector, but low-cost, low-carbon energy can have a great secondary impact by reducing the costs of energy-intensive decarbonization efforts in other areas. In this study, we consider, by way of an exemplary carbon capture and utilization cycle based on mature technologies, the energy requirements of the “industrial carbon cycle”, an emerging paradigm in which industrial CO2 emissions are captured and reprocessed into chemicals and fuels, and we assess the impact of declining renewable energy costs on overall economics of these processes. In our exemplary process, CO2 is captured from a cement production facility via an amine scrubbing process and combined with hydrogen produced by a solar-powered polymer electrolyte membrane, using electrolysis to produce methano... [more]
90. LAPSE:2023.11698
Remote Power Generation for Applications to Natural Gas Grid: A Comprehensive Market Review of Techno-Energetic, Economic and Environmental Performance
February 27, 2023 (v1)
Subject: Environment
Keywords: fuel cell, gas grid, lifetime, microturbine, operation cost, performance, remote power generation, Stirling engine, Technoeconomic Analysis, thermoelectric generator
The operation of natural gas grids requires electric-powered devices as data acquisition and control systems, surveillance and communication appliances, etc., often located in remote, unpopulated off-the-grid areas, where there is no personnel for surveillance, and maintenance costs are prohibitive. The literature on the power generating systems for these devices is limited to specific applications without a comparison between competing technologies, making their choice a difficult task for natural gas operators. This work presents a comprehensive up-to-date survey of market available technologies for remote power generation in the range of 20−1000 W for gas grid applications: thermoelectric generators, solid acid, direct methanol and solid oxide fuel cells, Stirling engines and microturbines. The work aims at sorting the technologies by techno-energetic, economic and environmental performance while providing specific technological characteristics and limitations. The results indicate... [more]
91. LAPSE:2023.11652
Environmental and Economic Assessment of a Novel Solvolysis-Based Biorefinery Producing Lignin-Derived Marine Biofuel and Cellulosic Ethanol
February 27, 2023 (v1)
Subject: Environment
Keywords: drop-in marine biofuel, life cycle assessment, lignin oil, multi-product biorefinery, Technoeconomic Analysis
Methanol is considered to be a viable option for reducing greenhouse gas (GHG) emissions in shipping, the second-highest emitter after road freight. However, the use of fossil methanol is insufficient to meet climate change targets, while renewable methanol is yet unavailable on a commercial scale. This paper presents a novel biorefinery concept based on biomass solvolysis to produce crude lignin oil (CLO) from forest residues, a drop-in biofuel for methanol-propelled ships, and evaluates its environmental and economic profiles. In the base scenario, CLO can achieve emission saving of 84% GHG compared to fossil alternatives, and a minimum selling price (MSP) of $821 per ton of methanol equivalent (ME), i.e., within the range of the current bio-methanol production costs. The emission of GHGs of co-produced ethanol can be reduced by 67% compared to fossil analogues. The increase of renewable electricity share to 75% is capable of shrinking emissions by 1/5 vs. the base case, while fossil... [more]
92. LAPSE:2023.11036
Techno-Economic Evaluation of a Hybrid Energy System for an Educational Institution: A Case Study
February 27, 2023 (v1)
Subject: Process Design
Keywords: emission, hybrid energy system, levelized cost of energy, renewable energy resource, Technoeconomic Analysis
This study evaluates the technical, economic and environmental benefits of renewable energy resources (RER) for electricity supply to large size buildings in an educational institution. The cost of energy generation coupled with the epileptic power supply has led to the demand for an alternative source of energy supply to an education institution in Nigeria. The essence of renewable energy generation is becoming more glaring and a hybrid energy system (HES) is believed to deliver efficient and sustainable energy for the institutions; this paper aims to analyse the techno-economic assessment of a HES design setup at the College of Engineering, Afe Babalola University Ado-Ekiti for powering the university buildings; this grid connected system was assessed with various system configurations was simulated using hybrid optimization model for electric renewables (HOMER) software and the levelized cost of energy (LCOE) with the consideration of the HES benefits was developed. The results obta... [more]
93. LAPSE:2023.10284
Optimum Design of a Renewable-Based Integrated Energy System in Autonomous Mode for a Remote Hilly Location in Northeastern India
February 27, 2023 (v1)
Subject: Process Design
Keywords: biomass system, cost of energy, HOMER Pro software, hydro power, integrated energy system, net present cost, sensitivity analysis, solar PV, Technoeconomic Analysis
Integration of a grid with an under-developed remote hilly area faces various technical and geographical challenges. Thus, generation of power from renewable resources in off-grid conditions has become one of the most cost-effective and reliable solutions for such areas. The present research deals with the possible application of an integrated solar/hydro/biomass/battery-based system to generate power in autonomous mode for a remote hilly town of a northeastern Indian state. Four different cases of the integrated energy system (IES) were designed using the hybrid optimization model for electric renewable (HOMER Pro), examining the performance of each case. The best combination of the integrated system was chosen out of several cases depending upon the optimized solution that can meet the load demand of the proposed hilly town sustainably, reliably and continuously. The simulation results show that the integrated battery/biomass/hydro/solar-based system is the best optimized, cheapest a... [more]
94. LAPSE:2023.10230
Techno-Economic Analysis of Hydrogen Storage Technologies for Railway Engineering: A Review
February 27, 2023 (v1)
Subject: Process Design
Keywords: Hydrogen, railway engineering, storage technology, Technoeconomic Analysis
According to the specific requirements of railway engineering, a techno-economic comparison for onboard hydrogen storage technologies is conducted to discuss their feasibility and potentials for hydrogen-powered hybrid trains. Physical storage methods, including compressed hydrogen (CH2), liquid hydrogen (LH2), and cryo-compressed hydrogen (CcH2), and material-based (chemical) storage methods, such as ammonia, liquid organic hydrogen carriages (LOHCs), and metal hydrides, are carefully discussed in terms of their operational conditions, energy capacity, and economic costs. CH2 technology is the most mature now but its storage density cannot reach the final target, which is the same problem for intermetallic compounds. In contrast, LH2, CcH2, and complex hydrides are attractive for their high storage density. Nevertheless, the harsh working conditions of complex hydrides hinder their vehicular application. Ammonia has advantages in energy capacity, utilisation efficiency and cost, espec... [more]
95. LAPSE:2023.10151
Optimal Sizing and Techno-Economic Analysis of Grid-Independent Hybrid Energy System for Sustained Rural Electrification in Developing Countries: A Case Study in Bangladesh
February 27, 2023 (v1)
Subject: Process Design
Keywords: cost of energy, emission analysis, Genetic Algorithm, hybrid renewable energy system, net present cost, sensitivity, Technoeconomic Analysis
The absence of electricity is among the gravest problems preventing a nation’s development. Hybrid renewable energy systems (HRES) play a vital role to reducing this issue. The major goal of this study is to use the non-dominated sorting genetic algorithm (NSGA)-II and hybrid optimization of multiple energy resources (HOMER) Pro Software to reduce the net present cost (NPC), cost of energy (COE), and CO2 emissions of proposed power system. Five cases have been considered to understand the optimal HRES system for Kutubdia Island in Bangladesh and analyzed the technical viability and economic potential of this system. To demonstrate the efficacy of the suggested strategy, the best case outcomes from the two approaches are compared. The study’s optimal solution is also subjected to a sensitivity analysis to take into account fluctuations in the annual wind speed, solar radiation, and fuel costs. According to the data, the optimized PV/Wind/Battery/DG system (USD 711,943) has a lower NPC t... [more]
96. LAPSE:2023.9913
Experimental Optimization with the Emphasis on Techno-Economic Analysis of Production and Purification of High Value-Added Bioethanol from Sustainable Corn Stover
February 27, 2023 (v1)
Subject: Process Design
Keywords: bioethanol, corn stover, delignification, enzymatic degradation, Fermentation, maleic acid, Membranes, pervaporation, pretreatment, Technoeconomic Analysis
Bioethanol-derived biomass is a green sustainable source of energy that is highly recommended as an efficient alternative to the replacement of fossil fuels. However, this type of bioethanol production is always expensive with very low bioethanol concentration. Therefore, this work aims to represent a facile and green approach for bioethanol production with high concentration and purity as well as reasonable cost from corn stover (CS). The goal of this study is to characterize CS and its treated samples with maleic acid (CSM) using various characterization analyses, such as proximate and ultimate analysis, HHV, TGA, FTIR, SEM, and CHNS. The bioethanol production stages: Pretreatment, enzymatic degradation, fermentation, and finally bioethanol separation and purification via the pervaporation process, which have been investigated and optimized are associated with the economic analysis. The optimum operating condition of the pretreatment process was 2% maleic acid, 1:20 solid-to-liquid r... [more]
97. LAPSE:2023.9200
Integration of CSP and PV Power Plants: Investigations about Synergies by Close Coupling
February 27, 2023 (v1)
Subject: Process Design
Keywords: battery energy storage system, electric heater, hybrid PV-CSP power plant, simulation tools, Technoeconomic Analysis, thermal storage
Photovoltaic (PV) - concentrated solar power (CSP) hybrid power plants are an attractive option for supplying cheap and dispatchable solar electricity. Hybridization options for both technologies were investigated, combining their benefits by a deeper integration. Simulations of the different systems were performed for seven different sites by varying their design parameters to obtain the optimal configurations under certain boundary conditions. A techno-economic analysis was performed using the levelized cost of electricity (LCOE) and nighttime electricity fraction as variables for the representation. Hybrid power plants were compared to pure CSP plants, PV-battery plants, and PV plants with an electric resistance heater (ERH), thermal energy storage (TES), and power block (PB). Future cost projections were also considered.
98. LAPSE:2023.8010
The PRISMI Plus Toolkit Application to a Grid-Connected Mediterranean Island
February 24, 2023 (v1)
Subject: Process Design
Keywords: 50% renewable energy systems, EnergyPLAN, PRISMI Plus project, Technoeconomic Analysis, urban energy systems
Islands are a constrained environment due to their geographical peculiarities and their land use accounting for, especially in the touristic locations, strong variability during the year. Consequently, the variation of energy demand to be met by variable renewable energy leads to a complex issue. This study aims at investigating the PRISMI Plus approach applied to the Island of Procida to drive the transition towards low-carbon and high-renewable energy system. The toolkit involves the analysis of local renewable energy potential, their potential matching of the energy demand, and the prioritization of the technological solutions to achieve the decarbonization targets set by the energy planning strategies. Three scenarios are designed for 2030 considering low, middle, and high penetration of renewable energy in the systems, results indicate that the amount of power production in low, middle, and high penetration of renewable energy scenarios are 0.18, 14.5, 34.57 GWh/year, respectively... [more]
99. LAPSE:2023.7258
Design and Analysis of a Floating Photovoltaic System for Offshore Installation: The Case Study of Lampedusa
February 24, 2023 (v1)
Subject: Process Design
Keywords: Dynamic Modelling, floating PV, hydrostatic analysis, LCOE, marine offshore renewable energy, Mediterranean sea, solar energy, Technoeconomic Analysis
In recent years, numerous projects for floating PV systems have been developed. These plants of various sizes have mainly been installed on enclosed lakes or basins characterised by the absence of external forcing related to waves and currents. However, offshore installation would allow the development of such plants in areas where land is not available, such as islands. This paper analyses the state of the art of floating PV, describes the design of a floating PV platform and the development of a numerical model to evaluate the system performance in an offshore environment. The case study of the island of Lampedusa is then analyzed: starting from a single floating foundation with its mooring system, a floating PV system is designed to meet the island’s electricity needs. In order to provide the competitiveness of the system, a techno-economic analysis is carried out, evaluating the main cost items of Capex, Opex and LCOE. Although the LCOE obtained is significantly higher than a tradi... [more]
100. LAPSE:2023.6641
Profitability of Batteries in Photovoltaic Systems for Small Industrial Consumers in Spain under Current Regulatory Framework and Energy Prices
February 24, 2023 (v1)
Subject: Process Design
Keywords: battery energy storage system, industrial buildings, photovoltaic system, self-consumption, Spanish self-consumption regulation, Technoeconomic Analysis
In recent years, important regulatory changes have been introduced in Spain in the fields of self-consumption and energy tariffs. In addition, electricity prices have risen sharply, reaching record highs in the last year. This evidences the need to conduct new research studies in order to provide an accurate picture of the profitability of battery energy storage systems and photovoltaic systems. This paper proposes a complex simulation tool developed to assist in the optimal design of these kinds of facilities. The tool is used in this study to analyze the benefits of including batteries in PV systems under different self-consumption models, different consumer profiles and different locations across the country. The research results indicate that at current electricity prices, the use of batteries is less profitable than selling excess energy to the grid, unless the price of batteries drops drastically by more than 50% in all the cases analyzed. However, at current battery prices, they... [more]

