Techno-economic assessment of stand-alone solar PV system at community Hospital

Abstract

Solar photovoltaic (PV) systems are gaining in popularity as a direct response to the increased need for dependable and ecologically beneficial forms of electricity. In order to be able to provide the necessary services, essential facilities, and community hospitals in particular, we need to have a constant and reliable supply of electricity. The purpose of this thesis is to offer both a technical and economic study of a solar photovoltaic (PV) system that is built in a community hospital. The objective of this research is to ascertain not only the practicability of such a system from a monetary and a technological point of view but also the impact that it would have on the natural environment in the immediate vicinity. Conducting a literature review on solar photovoltaic (PV) technology and its application in hospitals and other types of medical institutions is the first thing that has to be done for this inquiry. The following thing that needs to be done is an exhaustive study of the energy needs of the local community hospital. This study should take into account the load profiles of the various appliances and pieces of equipment. After the appropriate size of the solar photovoltaic (PV) system has been estimated with the help of a system sizing tool, the system itself is modeled with simulation software. The cost of the system during its whole life will be analyzed as part of the economic research. This will take into account the costs of purchasing the system, operating the system, and maintaining the system over the course of its lifetime. A cost-benefit analysis is performed so that it may be determined whether or not the project has the potential to be financially successful. This analysis takes into account the potential earnings that may be made by selling any excess energy back to the grid if it is available. It was calculated that the cost of producing one kilowatt-hour of electricity using solar radiation was $0.456 per kilowatt-hour, with a total net current cost of $267729.42. When the prices of the various components were broken down and compared, it was found that batteries had the highest individual cost.