Graphical cost analysis of photovoltaic panels in warehouses

How are PV production costs modeled?

The costs of materials, equipment, facilities, energy, and labor associated with each step in the production process are individually modeled. Input data for this analysis method are collected through primary interviews with PV manufacturers and material and equipment suppliers.

Is a wider adoption of PV systems for industrial halls possible?

However, a wider adoption of PV systems for industrial halls is discouraged by the high initial capital investment cost, which is unlikely to be covered by the saving in electricity cost. It becomes a dilemma since wider adoption is believed to be a driving force in lowering the cost of PV systems.

How do we estimate solar PV production costs?

For a sample of solar PV manufacturers, we estimate production costs based on nancial accounting statements. We use these cost estimates as data inputs in a dynamic model of competition to obtain equilibrium prices, termed Economically Sustainable Prices (ESP).

How does a warehouse location affect the performance of a PV system?

Scenario A remains unaffected by variations in operational conditions as the warehouse operates at ambient temperature. Additionally, the warehouse location can significantly affect the results due to climatic variations, which impact both heating consumption and PV energy generation.

How much does a PV plant cost?

Source: Goodrich, 2012. by an 84 MW thin-film PV plant installed in Thailand. The highest for utility-scale PV plants was recorded in Japan (USD 6.50/W), albeit the average project size is lower than in Europe and China. Among the major PV markets, Germany showed the lowest average price at USD 3.64/W for c-Si-based PV plants.

Is PV self-consumption a green warehouse practice?

Therefore, improving PV self-consumption is considered a green warehouse practice, as it allows businesses to directly use the solar energy generated on-site, reduce the need to buy electricity during peak hours (when prices are also typically higher), reducing the overall energy costs.