Life-Cycle Cost and Optimization of PV Systems Based on Power Duration Curve with Variable Performance Ratio and Availability
A new derivation of Power Duration Curve is presented and applied to analysis of photovoltaic system life cycle cost. The effect of non-unity Performance Ratio and non-unity Availability on the power duration curve are illustrated. The effect of these two key performance indicators on calculation of life cycle cost and PV system design optimization (optimal DC/AC ratio) are illustrated as example applications of the method.
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