Vol. 12, Issue 6 (2023)

Author(s):
Ankit Kumar Deshmukh, Anurag Kushwaha, PS Minz, Santosh Chopde, HK Rohit, Sumit Mehta and Chitranayak

Abstract:
In the present study excel based economic simulation tool was developed. Feasibility of solar electricity generation was computed using simulation tool considering phase wise installations with capacities ranging from 10 to 500 kW. Such an approach does not require huge investment rather plant can invest in solar systems in a phased manner. The analysis demonstrates promising results concerning the average production of electricity and year-wise savings over a 25-year period. The findings highlight the economics and benefits for installing rooftop units or smaller solar systems in a phased manner to gradually support the electrical load of various sections within the processing plant.