Abstract
This M.Sc. thesis explores the design, implementation, and economic viability of a photovoltaic (PV) system at an airport in Abu Dhabi, tailored to its unique operational needs. The study begins by addressing several constraints, including land availability, regulatory requirements, and environmental considerations. Utilizing data from the Masdar Institute Solar Platform, the design phase involved crafting a PV system optimized for the airport's specific energy requirements.Two primary software tools, PVsyst and SAM (System Advisor Model), were employed to simulate the system's performance and calculate its Levelized Cost of Energy (LCOE). These tools were instrumental in refining the system's parameters to ensure both efficiency and economic feasibility. The economic analysis was detailed, considering various costs like capital expenses, operational expenses, and maintenance.
The analysis was extended to compare two business models: the airport owning the system directly and a third-party owned system under a Power Purchase Agreement (PPA). Both scenarios were evaluated for their financial implications, potential savings, and investment attractiveness. The results demonstrate that both business models are viable, with substantial benefits in cost savings and sustainability, highlighting the project's alignment with global renewable energy goals.
This thesis contributes to the field by providing a comprehensive framework for implementing renewable energy solutions in airports, which can be adapted to similar infrastructures elsewhere. It offers valuable insights into the planning, cost assessment, and strategic execution of solar energy projects, reinforcing the importance of detailed analysis in achieving energy sustainability in aviation settings.
| Date of Award | 9 Jul 2024 |
|---|---|
| Original language | American English |
| Supervisor | Matteo Chiesa (Supervisor) |
Keywords
- Photovoltaic Systems
- Solar Energy Economics
- Airports
- Renewable Energy Implementation