Title :
Economic cost study of photovoltaic solar system for hotel in Nusa Lembongan
Author :
Giriantari, I.A.D. ; Kumara, I.N.S. ; Santiari, D.A.
Author_Institution :
Udayana Univ., Bali, Indonesia
Abstract :
Nusa Lembongan is a small tourist destination island in Bali that is operate mostly during daytime. The photovoltaic solar system is designed to supply 30% of the energy needed it come to the photovoltaic solar system capacity installed 21,694.8 Watt peak that consist of 144 panels . The photovoltaic solar system will hybrid with the utility supply. The economic cost analysis result that Life Cycle Cost of the investment is 1,804,778,945IDR and Cost to get cost of energy is 8,500IDR/kWh . Net Present Value, Profitability Index, and Discount Payback Period calculation are result in positive value which means the investment is feasible.
Keywords :
economics; investment; life cycle costing; photovoltaic power systems; profitability; solar cells; Bali; Nusa Lembongan; discount payback period calculation; economic cost analysis; hotel; investment; life cycle cost; net present value; photovoltaic solar system; profitability index; small tourist destination island; utility supply; Arrays; Investment; Photovoltaic systems; Profitability; Solar system; cost of energy; economic; life cycle cost; net present value; photovoltaic; profitability index;
Conference_Titel :
Smart Green Technology in Electrical and Information Systems (ICSGTEIS), 2014 International Conference on
Conference_Location :
Kuta
Print_ISBN :
978-1-4799-6126-9
DOI :
10.1109/ICSGTEIS.2014.7038728
