Title :
A Graphical User Interface for comprehensive economic analysis of a solar PV system in MATLAB
Author :
Vinay, A.Achuta Rama ; Chandan, K.Sri
Author_Institution :
Department of EEE, GITAM University, Visakhapatnam, India
Abstract :
To meet the required load demand, an equal or its minimum amount of power generation is produced through solar PV system by varying the load demand values so that savings can be analyzed. This is done by calculating the sizing of different components used and their respective costs which sum up to the life cycle cost (LCC) of PV system. In addition to this, savings and payback period are also calculated. In this paper, a Graphical User Interface (GUI) was developed using MATLAB and the results are summarized.
Keywords :
Arrays; Batteries; Cost benefit analysis; Graphical user interfaces; Inverters; MATLAB; Life Cycle Cost Analysis; Load demand; Payback period; Savings; Sun-shine hours;
Conference_Titel :
Electrical, Electronics, Signals, Communication and Optimization (EESCO), 2015 International Conference on
Conference_Location :
Visakhapatnam, India
Print_ISBN :
978-1-4799-7676-8
DOI :
10.1109/EESCO.2015.7253675