Academy of Entrepreneurship Journal (Print ISSN: 1087-9595; Online ISSN: 1528-2686)

Abstract

Technical Engineering Evaluations and Economic Feasibility Study of Solar Powered Air Conditioning System in Tier Three Nations

Author(s): AbdulKhab Dywju, Fheroz Shaik Mohammad Hadi Habaebi Sherifah Oshioke Musa

This article focuses on the analysis and integration of PV systems to load ratio correlation and the economic importance of the left over to grid supply and integration. The paper focusses on the different methods of PV generation to load utilization using the solar powered air conditioner as the load while minimizing the use of fossil fuel (petroleum, natural gas and coal) which have serious environmental implications. Air conditioners are becoming more commonly used load power consumption metrics and are a major strain on energy demands especially in tropical rainforest climate countries like Nigeria. The photovoltaic electricity is a clean and sustainable energy. In this paper, we present a techno-economic feasibility study for solar powered air conditioning system in Nigeria. The method used made a correlation of four alternatives of PV to load ratio factor being investigated. In the first instance, the PV system supplied 50% of the energy to the loads. In the second method, the PV system supplied 75% of the energy to the loads. Thirdly, the PV system supplied 100% of the energy to the loads. Fourthly, on a final design, the PV system supplied 125% of the energy to the loads. In the first two case the PV energy generated is used solely to power the air conditioner system. In the last two design, there is excess electrical energy which is proposed to be sold to the Nigeria grid system especially if the grid system optimized and broken down into smaller grid array within 0.3$ feed-in tariff. The best alternative method is the grid-connected PV system with 125% capacity factor which is chosen due to its short payback time period as well as high profit rate over the lifetime of the project

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