Economics Feasibility Of 1 Mw Solar Photovoltaics Project Case Study Of El Oued

Abstract

The purpose of this paper is to analyze the feasibility of economics and performance of a small-scale PV systems in the state of El Oued from Algeria Sahara region. Moreover, the selected locations are El Oued in the south of Algeria, considering that Around 85% of Algeria’s landmass is located in the Sahara Desert, and the country’s solar radiation potential is among the highest in the world, at an estimated 13.9 TWh per year. Especially for photovoltaic power potential. In addition, this study explores the current policies and conditions of the small-scale solar PV projects in Algeria, bringing significant benefits to the different entities, namely policy makers, investors and researchers working in the field of solar phototactic energy. Furthermore, the feasibility of the solar photovoltaic project is analyzed considering the economic aspects such as the photovoltaic system, capital investment cost and the annual power generation cash flow. As well as giving a reliability and financial analysis, we have used the System Advisor Model, (SAM), which is a techno-economic model designed to makes performance predictions and cost of energy estimates for grid-connected power projects based on installation and operating costs and system design parameters that we specify as inputs to the model. to calculate principally the levelized cost of energy of the project, over the analysis period.