dc.description.abstract | The solar photovoltaic industry has grown in the recent years, surpassing any other
renewable energy sources worldwide, accelerating the need for carbon neutral
electricity. In most developed countries and domestic applications, Solar PV is a proven
and feasible technology. However, at African airports this technology is almost
inexistent. Coincidentally, airports being big consumers of energy, this technology
would form a viable alternative for green aviation.
The lack of widespread adoption of large-scale solar PV at airports is the motivation
for this research whose main goal is to assess the feasibility of developing a large-scale
solar plant at airports using Entebbe International Airport as the case study. Entebbe
International Airport is of special interest for this research owing to the ongoing
expansion works that are expected to increase the airport load demands in the next 15
years.
To achieve the project goal, several free sites are evaluated to select the best site for a
large-scale solar PV at Entebbe International airport. A comprehensive risk assessment
is performed to identify aviation risks and also propose risk mitigation strategies. The
selected site is subjected to a glare analysis using FAA approved tools with Runway
17/35 and the Aerodrome Control Tower as points of reference. The optimal panel tilt
angle was determined to be 30 degrees. The maximum achievable solar generation
capacity at the best evaluated site was determined to be 8 MW.
An 8 MW solar PV plant was designed and its performance determined. The
computation for the plant generation over its lifetime uses solar maps, PV module
specifications and average benchmark values of system losses.
The CAPEX and OPEX of the project were determined using industry values and also
results from local benchmarks and vendor prices.
Ultimately an economic analysis is carried out via cash flow models using a designed
tool. The key financial indicators for the evaluation of the project include the net present
value (NPV), Internal Rate of Return (IRR) and the Payback period (PBP).
The base case scenario used in the research reveals that for a WACC of 10%, the
CAPEX of the project is $ 10,764,800 with a net cash flow of $23,580,236 and a net
present value of $2,314,123; a levelized cost of energy (LCOE) of 7.2 US cents and an
internal rate of return of 12.89%. The project is estimated to save the airport about
10,103,243kg of Carbon dioxide over the entire project lifetime of 25 years. | en_US |