Research Article

Capacity Calculation and Subsidization Proposals for Rooftop PV Energy for a Residential Building in Istanbul

Volume: 2 Number: 2 June 1, 2021
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Capacity Calculation and Subsidization Proposals for Rooftop PV Energy for a Residential Building in Istanbul

Abstract

Urban transformation works ongoing in the metropolitan cities pose an opportunity for application of PV energy for multi-story residential buildings. In this study, feasibility of a 6-story (14 units) residential building’s PV energy production capacity for İstanbul is calculated using PVsyst software and it is calculated that the payback time for the household owners is 23 years without any sell-back scheme. When excess energy is sold back to the grid at 13.3 cents/kWh, the payback time could reduce to 6.6 years. A sell-back price of 4 cents/kWh, that is lower than the 6 cents/kWh of production cost of conventional power plants, shows a payback time of 13.25 years, suggesting a policy to replace investment on new power plants with PV self-production as a sustainable yet more feasible alternative. Keywords: Rooftop PV system design, renewable energy, solar energy feasibility, energy production for self consumption, energy subsidization policy.

Keywords

References

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Details

Primary Language

English

Subjects

Energy Systems Engineering (Other)

Journal Section

Research Article

Publication Date

June 1, 2021

Submission Date

February 2, 2021

Acceptance Date

April 3, 2021

Published in Issue

Year 2021 Volume: 2 Number: 2

EndNote
Köylüoğlu Ö, Çöl M (June 1, 2021) Capacity Calculation and Subsidization Proposals for Rooftop PV Energy for a Residential Building in Istanbul. Renewable Energy Sources Energy Policy and Energy Management 2 2 1–23.