Levelized cost of Electricity (LCOE) for Solar Building Integrated Photovoltaic (BIPV) System

Abstract

The utilization of solar energy is most concerned source in energy sector nowadays. The building integrated photovoltaic solar panels are increasingly constructed in dense urban areas because they brought  many advantages to the society along with energy saving features. However, at the same time, they raise tensions in capital investments and overall returns. In this project, the BIPV systemis integrated on a multi-stair building consists of 6 floors, this building is located in Mogadishu, Somalia. The energy demand of  the building is calculated also the power demand of the building is found to be 31 kW and average daily  solar irradiation of this place is 4.8 kWh/m2. The design of the project is carried out to show the connection of the solar panels. The total energy generated by BIPV system over 25 years is evaluated. In the report the Levelized Cost of Electricity (LCOE)of the BIPV system is calculated by considering all parameters  related to LCOE. the electricity tariff of Somalia is also found to compare that the project meets grid parity or not, the result of thatcomparison is shown. The income sources of the project including the power  delivery cost, transmission line cost is also considered. The result and figures are shown in this project.