Open AccessCosting Analysis of Scalable Carbon‐Based Perovskite Modules Using Bottom Up Technique
Author(s) -
Kajal Priyanka,
Verma Bhupesh,
Vadaga Satya Gangadhara Rao,
Powar Satvasheel
Publication year - 2022
Publication title -
global challenges
Language(s) - English
Resource type - Journals
ISSN - 2056-6646
DOI - 10.1002/gch2.202100070
Subject(s) - cost of electricity by source , photovoltaic system , perovskite (structure) , activity based costing , perovskite solar cell , carbon fibers , investment (military) , process engineering , solar cell , materials science , electricity generation , automotive engineering , computer science , power (physics) , electrical engineering , business , engineering , optoelectronics , composite number , physics , quantum mechanics , marketing , chemical engineering , politics , political science , law , composite material
In recent years, perovskite solar cells (PSCs) have achieved a remarkable power conversion efficiency of 25.5%, indicating that they are a promising alternative to dominant Si photovoltaic (PV) technology. This technology is expected to solve the world's energy demand with minimal investment and very low CO 2 emissions. The market has shown a lot of interest in PSCs technology. A technoeconomic analysis is a useful tool for tracking manufacturing costs and forecasting whether technology will eventually achieve market‐driven prices. A technoeconomic analysis of a 100 MW carbon‐based perovskite solar module (CPSM) factory located in India is presented in this paper. Two CPSMs architectures—high‐temperature processed CPSMs (Module A) and low‐temperature processed CPSM's (Module B)—are expected to offer minimum sustainable prices (MSPs) of $ 0.21 W ‐1 and $ 0.15 W ‐1 . On the basis of MSP, the levelized cost of energy (LCOE) is calculated to be 3.40 ¢ kWh ‐1 for module A and 3.02 ¢ kWh ‐1 for module B, with a 10‐year module lifetime assumption. The same modules with a 25‐year lifespan have LCOEs of 1.66 and 1.47 ¢ kWh ‐1 , respectively. These estimates are comparable to market dominant crystalline silicon solar modules, and they are also favorable for utilizing perovskite solar cell technology.