Design and economic analysis of solar photovoltiac system for urban area of Bangladesh

Abstract

Bangladesh, a developing country of south-east Asia with large population has agricultural economy. It has severe shortage of electricity. The gas is the main fuel for electricity generation which is depleting very quickly. In recent days government has implemented high cost imported liquid fuel based electricity generation plant as a short time measure. Bangladesh has abundant sun shine to harness PV power. Solar Home System program with micro financing for rural electrification has gained worldwide recognition. The government has adopted Renewable Energy Policy in December 2008. In this policy target has been set to generate 5% of total electricity from renewable sources by 2015 and 10% by 2020. Now this Stand Alone PV system is becoming popular in urban areas due to acute load shedding. This thesis proposes three different configurations of solar photovoltaic system for urban areas. Technical and economic analysis has been done. It is proved that PV energy could be a cost effective solution to meet the electricity crisis in urban areas in Bangladesh. Feed-in Tariff has also been calculated and found to be comparable to liquid fuel based power, if Government subsidy is provided.