Feasibility Analysis of Grid-conneted Rooftop Solar PV System for the Industry

Abstract

The growth of country development depends on industrial fast growth which fully stand on electric power. To ensure energy security and increase energy demand to decrease per unit electricity production and consumption cost for all the sector of Bangladesh especially in the industrial sector. PV system with on grid media to balance electricity production and consumption for commercial, industrial or any private or university. The proposed rooftop PV system under area of Egarosindur Cold Storage Ltd at Kishoreganj, Dhaka, Bangladesh. As basis of industrial power generation we are selected best PV power generation component as well as considered to the cost. For research analysis primary data using homer expert software. The aims of research not only reduce the cost and protect environmental degradation. We are try to obtain the value of NPC and COE for electricity production by using PV system. And analysis with sensitivity also optimization result with anymore for feasibility. To show the result of production cost as compare with grid rate to say beneficial. This study found COE is $0.0300 for $0.0669 for without and with battery system respectively . Net present cost for without battery system is $669956 and the COE is varies for different location is $0.0213 to $0.0315 . Simple payback period for this system is 4.94 year. This study measures the efficiency of the system and shows that the system is economically sustainable on the basis of actual net costs and energy costs.