Techno-economic evaluation of a residential roof-mounted solar system and its power generation: A case study in Canada

Azzam Abu-Rayash; Ibrahim Dincer

doi:10.1504/ijgw.2019.10023363

Techno-economic evaluation of a residential roof-mounted solar system and its power generation: A case study in Canada

Azzam Abu-Rayash^*, Ibrahim Dincer

^*Corresponding author for this work

Ontario Tech University

Research output: Contribution to journal › Article › peer-review

5 Citations (Scopus)

Abstract

In this paper, a case study is presented where a residential solar system in Kitchener, Ontario is analysed economically as its annual performance is also assessed. The recorded data for this system are investigated further to better assess its technical performance. Optimal annual performance is observed when the temperature is at 18°C and when the wind speed is at 3.8 m/s. The modelled system without the battery correlates closely with the actual installed system. In fact, the actual return on investment (ROI) for the system is 19.75% while the modelled ROI is 23.5%. The payback time of 5 years is another major highlight of this system. Finally, the greenhouse gas (GHG) emissions of the current system total up to 38,000 kgCO₂e/kWh.

Original language	English
Pages (from-to)	202-219
Number of pages	18
Journal	International Journal of Global Warming
Volume	19
Issue number	1-2
DOIs	https://doi.org/10.1504/ijgw.2019.10023363
Publication status	Published - 2019
Externally published	Yes

Keywords

Battery storage
Cost analysis
Performance assessment
Photovoltaics
Solar energy
Thermoeconomics

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10.1504/ijgw.2019.10023363

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title = "Techno-economic evaluation of a residential roof-mounted solar system and its power generation: A case study in Canada",

abstract = "In this paper, a case study is presented where a residential solar system in Kitchener, Ontario is analysed economically as its annual performance is also assessed. The recorded data for this system are investigated further to better assess its technical performance. Optimal annual performance is observed when the temperature is at 18°C and when the wind speed is at 3.8 m/s. The modelled system without the battery correlates closely with the actual installed system. In fact, the actual return on investment (ROI) for the system is 19.75% while the modelled ROI is 23.5%. The payback time of 5 years is another major highlight of this system. Finally, the greenhouse gas (GHG) emissions of the current system total up to 38,000 kgCO2e/kWh.",

keywords = "Battery storage, Cost analysis, Performance assessment, Photovoltaics, Solar energy, Thermoeconomics",

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AB - In this paper, a case study is presented where a residential solar system in Kitchener, Ontario is analysed economically as its annual performance is also assessed. The recorded data for this system are investigated further to better assess its technical performance. Optimal annual performance is observed when the temperature is at 18°C and when the wind speed is at 3.8 m/s. The modelled system without the battery correlates closely with the actual installed system. In fact, the actual return on investment (ROI) for the system is 19.75% while the modelled ROI is 23.5%. The payback time of 5 years is another major highlight of this system. Finally, the greenhouse gas (GHG) emissions of the current system total up to 38,000 kgCO2e/kWh.

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Techno-economic evaluation of a residential roof-mounted solar system and its power generation: A case study in Canada

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Keywords

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