TITLE:
LCOE Analysis of Solar Tracker Application in China
AUTHORS:
Qingcai Liu, Xuechun Wan
KEYWORDS:
Solar Energy, PV Power Generation, Solar Tracker, LCOE, Techno-Economic Analysis
JOURNAL NAME:
Computational Water, Energy, and Environmental Engineering,
Vol.9 No.4,
August
17,
2020
ABSTRACT: In China, systemic
techno-economic analysis for solar tracker has been absent. To fill the blank,
by taking the economic analysis of solar tracker application as the research
object and using the LCOE method widely used internationally, the
techno-economic analysis model of solar tracker was established according to
conditions in China. Influence factors on LCOE were analyzed by using the established
model, and the relationship between each cost factor and the cost component of
energy leveling of tracker was further studied. In addition, the calculation
method of investment payback period based on energy leveling analysis was
established, and the influence of various factors on investment payback period
was revealed through an example calculation. The research results will help to
measure the economy of tracker application more accurately and comprehensively,
and promote the popularization and application of solar tracker. The economic
analysis model of solar tracker application was established by using LCOE
method. The influence factors and cost component of LCOE were analyzed with the
model. The payback period of solar tracker investment was also analyzed based
on LCOE method.