Empowering sustainability : Viability analysis of a floating photovoltaic system at Gulshan Lake

Maruf, Md Hasan and Moli, Farzana Akter and Noyon, Nayem Ahmed and July, Sameya Afrin and Islam, Md Imamul and Shihavuddin, Asm S.M. (2023) Empowering sustainability : Viability analysis of a floating photovoltaic system at Gulshan Lake. In: 2023 5th International Conference on Sustainable Technologies for Industry 5.0, STI 2023. 5th International Conference on Sustainable Technologies for Industry 5.0, STI 2023 , 9 - 10 December 2023 , Dhaka. pp. 1-6. (198386). ISBN 979-835039429-0 (Published)

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Abstract

The world's increasing energy demands have intensified the need for renewable energy sources. In response to the land constraints posed by ground-mounted solar installations, Floating Photovoltaic (FPV) has emerged as a promising solution. This study focuses on exploring the feasibility of building floating solar panels in Bangladesh, with an experimental investigation conducted on Gulshan Lake, an urban water body located in Dhaka city. The lake is facing mounting pollution and degradation due to rapid urbanization, industrialization, and population growth. Consequently, the pursuit of sustainable development and clean energy has led to a keen interest in renewable energy sources, particularly floating PV systems. The paper thoroughly considers the technical, financial, and environmental aspects involved in the construction of such a system during the feasibility analysis. The design of the plant and tariff are meticulously carried out using the HOMER software, and the study calculates the optimal cost of electricity for the FPV power plant manually, projecting figures for 20 and 25-year periods at BDT 10.92 and BDT 7.23, respectively. The same calculations performed with the HOMER software yield slightly higher values of BDT 12.17 and BDT 11.87 for the same time spans. Moreover, the paper highlights the cost-effectiveness of the designed PV system.

Item Type:	Conference or Workshop Item (Lecture)
Additional Information:	Indexed by Scopus
Uncontrolled Keywords:	COE; Floating photovoltaic; Gulshan Lake; HOMER software
Subjects:	T Technology > T Technology (General) T Technology > TA Engineering (General). Civil engineering (General) T Technology > TK Electrical engineering. Electronics Nuclear engineering
Faculty/Division:	Institute of Postgraduate Studies Faculty of Electrical and Electronic Engineering Technology
Depositing User:	Mr Muhamad Firdaus Janih@Jaini
Date Deposited:	30 Aug 2024 00:12
Last Modified:	30 Aug 2024 00:12
URI:	http://umpir.ump.edu.my/id/eprint/41858
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