PV system designing (Class exercise 20th March 2023) Design a photovoltaic system for a home situated in Islamabad with one day of autonomy. Currently residents are using grid electricity to fulfill its energy requirements. Electricity rate can be assumed as 31 Rs/kWh. Load is used in the same manner (100%) throughout year at each month (base case). Homeowner wants to obtain between 70% to 80% or above of the power from PV and rest from the grid electricity. Following load and PV specifications are available. The daily load of the home is: i. ii. iii. iv. 5 LED lights and each light is of 20 watts being used for 10 hours (total 100 Watts) Two fans and each fan are of 100 watts being used for 7 hours (Total 200 Watts) One TV of 120 watts being used for 4 hours (120 Watts) And one laptop using 100 watts used for 6 hours (100 Watts) All are AC loads and used 7 days per week PV System PV can be used mono Sci from “Jinko Solar (mono-Si - JKM615N-78HL4-V 615W)” for RETSCREEN data base. PV systems is fixed and clamped and facing true south. Cost of the system Price of the PV is Rs 150 / Watt of PV Price of Battery is @Rs 10/Wh Price of the inverter is Rs 30/Watt O&M cost is 2% of PV cost Transportation cost is Rs 5000/- Spare parts cost is 5% of the PV cost and Training & commissioning cost is 5% of the PV cost. And at the end of the Project life the whole system can be disposed off @ of 20% of the PV cost. Charge controller efficiency can be assumed 90% Find out IRR, NPV, Equity payback period and net cash flows Consider these three cases when intermittent resource-load correlation is i. Zero ii. Negative And iii. Positive Perform calculation for each case separately. PV life can be assumed 25 years, Inflation rate is 18%, while the fuel escalation rate is assumed to be 20 %. 1. Draw a chart between PV capacity (kW) (from 1.0 to 4.0 kW) and corresponding electricity delivered to the above-mentioned load for zero, Positive and negative correlations with three hours of autonomy, six hours of autonomy and zero hours of autonomy.