| Title |
Economic Efficiency Analysis Based on Benefit-Cost Ratio of Floating Photovoltaic Power Generation System |
| Authors |
곽윤기(Yun-Gi Kwak) ; 이병희(Byoung-Hee Lee) ; 강필순(Feel-soon Kang) |
| DOI |
https://doi.org/10.5370/KIEE.2022.71.8.1117 |
| Keywords |
Benefit-cost ratio (BCR); Economic efficiency analysis; Floating photovoltaic power generation system |
| Abstract |
We analyze the economic efficiency of the floating photovoltaic system through benefit-cost ratio (BCR) analysis. The benefit-cost ratio is an analysis method that evaluates economic efficiency as the ratio of benefits to costs is higher. The total benefits and total costs expected from a project are converted into present values. Then the full benefits are divided by the total costs. The analysis target is two types of 10kW class floating photovoltaic systems installed at the demonstration site in Miri lake, Jincheon-gun, Chungcheongbuk-do, and analyzes the established facilities and operating. Finally, based on the analysis of the demonstration operating system, we analyze the economic efficiency of the facility with a larger power generation capacity and also compare the economic efficiency according to the increase of the power generation capacity of the floating photovoltaic system |