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Techno-Economic Assessment of the Viability of Commercial Solar PV System in Port Harcourt, Rivers State, Nigeria

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  • Muzan Williams Ijeoma

    (Department of Environmental Engineering and Earth Sciences, Clemson University, Clemson, SC 29634, USA
    Energy, Economy, and Environment (E3) Sustainable Analysis Group, Clemson University, Clemson, SC 29634, USA
    Department of Mechanical Engineering, Kwame Nkrumah University of Science and Technology, Kumasi AK-385-1973, Ghana)

  • Hao Chen

    (Department of Environmental Engineering and Earth Sciences, Clemson University, Clemson, SC 29634, USA
    Energy, Economy, and Environment (E3) Sustainable Analysis Group, Clemson University, Clemson, SC 29634, USA)

  • Michael Carbajales-Dale

    (Department of Environmental Engineering and Earth Sciences, Clemson University, Clemson, SC 29634, USA
    Energy, Economy, and Environment (E3) Sustainable Analysis Group, Clemson University, Clemson, SC 29634, USA)

  • Rahimat Oyiza Yakubu

    (Department of Mechanical Engineering, Kwame Nkrumah University of Science and Technology, Kumasi AK-385-1973, Ghana)

Abstract

Supermarkets in Port Harcourt (PH) city, Nigeria, predominantly rely on diesel electricity generation due to grid instability, leading to high electricity prices. Although solar photovoltaic (PV) systems have been proposed as an alternative, these supermarkets have yet to adopt them, mainly due to high investment costs and a lack of awareness of the long-term financial and environmental benefits. This paper examines the technical and economic practicality of a PV system for these supermarkets using the PVsyst software and a spreadsheet model. Solar resources showed that PH has a daily average solar radiation and temperature of 4.21 kWh/m 2 /day and 25.73 °C, respectively. Market Square, the supermarket with the highest peak power demand of 59.8 kW and a 561 kWh/day load profile, was chosen as a case study. A proposed PV system with a power capacity of 232 kW, battery storage capacity of 34,021 Ah, a charge controller size of 100 A/560 V, and an inverter with a power rating of 60 V/75 kW has been designed to meet the load demand. The economic analysis showed a $266,936 life cycle cost, $0.14 per kWh levelized cost of electricity (LCOE), a 4-year simple payback time, and a 20.5% internal rate of return (IRR). The PV system is feasible due to its positive net present value (NPV) of $165,322 and carbon savings of 582 tCO 2 /year.

Suggested Citation

  • Muzan Williams Ijeoma & Hao Chen & Michael Carbajales-Dale & Rahimat Oyiza Yakubu, 2023. "Techno-Economic Assessment of the Viability of Commercial Solar PV System in Port Harcourt, Rivers State, Nigeria," Energies, MDPI, vol. 16(19), pages 1-25, September.
    • Handle: RePEc:gam:jeners:v:16:y:2023:i:19:p:6803-:d:1247101
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    References listed on IDEAS

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    1. Olubayo Moses Babatunde & Clement Olaniyi Ayegbusi & Damilola Elizabeth Babatunde & Peter Olabisi Oluseyi & Tobilola Emmanuel Somefun, 2020. "Electricity Supply in Nigeria: Cost Comparison between Grid Power Tariff and Fossil-Powered Generator," International Journal of Energy Economics and Policy, Econjournals, vol. 10(2), pages 160-164.
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    3. Wale Arewolo & Philipp Blechinger & Catherina Cader & Yannick Perez, 2019. "Seeking workable solutions to the electrification challenge in Nigeria: Minigrid, reverse auctions and institutional adaptation," Post-Print halshs-01989683, HAL.
    4. Kelvin Nkalo Ukoima & Abdulhameed Babatunde Owolabi & Abdulfatai Olatunji Yakub & Noel Ngando Same & Dongjun Suh & Jeung-Soo Huh, 2023. "Analysis of a Solar Hybrid Electricity Generation System for a Rural Community in River State, Nigeria," Energies, MDPI, vol. 16(8), pages 1-16, April.
    5. Wale Arewolo & Philipp Blechinger & Catherina Cader & Yannick Perez, 2019. "Seeking workable solutions to the electrification challenge in Nigeria: Minigrid, reverse auctions and institutional adaptation," Post-Print halshs-01989683, HAL.
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    1. Jose Luis Sánchez-Jiménez & Francisco José Muñoz-Rodríguez & Gabino Jiménez-Castillo & Antonio Javier Martinez-Calahorro & Catalina Rus-Casas, 2023. "Analysis of Different Scenarios to Include PV Rooftop Systems with Battery Energy Storage Systems in Olive Mills," Energies, MDPI, vol. 17(1), pages 1-30, December.
    2. T. Chamarande & B. Hingray & Sandrine Mathy, 2024. "Carbon footprint of solar based mini-grids in Africa: Drivers and levers for reduction," Post-Print hal-04721670, HAL.

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