Environment|구충완
Development of the life-cycle economic and environmental assessment model for establishing the optimal implementation strategy of the rooftop photovoltaic system
2018International Journals
Research AreaEnvironment
Professor구충완
AuthorsKoo, C., Hong, T., and Park, J
Publication Year2018
Journal (Volume, Issue, Pages)Technological and Economic Development of Economy, 24(1), 27-47 , Taylor & Francis). (Purdue)
AbstractTo maximize the life-cycle economic and environmental performance of the rooftop photovoltaic (PV) system in real projects, it is necessary to consider several factors such as regional climate factors (i.e., geographical and meteorological factors) and building characteristics (i.e., on-site installation factors, rooftop area limit, and budget limit). Towards this end, this study aimed to develop the life-cycle economic and environmental assessment model for establishing the optimal implementation strategy of the rooftop PV system. The robustness and reliability of the developed model were evaluated in terms of two perspectives: (i) for the effectiveness of the optimal solution, the optimization results were generated by considering the regional climate factors and building characteristics. Namely, the results for SIR25 (saving to investment ratio at year 25), which was set at the optimization goal, were 2.540 (Busan, southern part of South Korea), 2.485 (Daejeon, central part of South Korea), and 2.266 (Seoul, northern part of South Korea), respectively; and (ii) for the efficient computation time, the time required for determining the optimal solution was only 27 seconds. The developed model can be used to easily and accurately assess the life-cycle economic and environmental performance of the rooftop PV system in the early design phase.
Rooftop Photovoltaic SystemEconomic and Environmental AssessmentForecasting and SimulationOptimizationSustainable DevelopmentLife Cycle Cost Analysis
PrevDevelopment of a dynamic incentive and penalty program for improving the energy performance of existing buildingsNextA model for determining the optimal lease payment in the solar lease business for residences and third-party companies - With focus on the region and on multi-family housing complexes