Economic feasibility, design, and simulation of centralized PV power plant

Abstract

In order to meet the continuous growth in the global energy demand and to reduce the negative impact which is associated with the global warming, adopting renewable energy sources by policy makers need to be considered. Although Libya is very rich in solar energy resource, the country has been recently struggling to satisfy its energy demand. Consequently, centralized PV power plants may be considered as renewable and clean source of energy. This paper, presents the technical and economic feasibility of a 14MW photovoltaic (PV) power plant near the Houn city which is located in the central-south of Libya in the Jufra Region. In addition, In order to prove the design validity of the proposed system, models and simulations in NEPLAN software is carried out for a practical distribution grid. The result show that PV power plant is economically feasible and sustainable.