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

fYear

2014

fDate

5-7 Nov. 2014

Firstpage

13

Lastpage

16

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;

fLanguage

English

Publisher

ieee

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

Type

conf

DOI

10.1109/ICSGTEIS.2014.7038728

Filename

7038728