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- W3089721454 abstract "Abstract Up to now in Weh Island-Aceh, the power energy used comes from the Diesel Power Plant (PLTD) only, where the cost of this electricity production (BPP) reached more than Rp 2,500/kWh. This price is currently higher than the requirement set by the Minister of Energy and Mineral Resources of Rp 1,733/kWh. Because of these significant differences, special attention is needed to examine the natural resources that can be converted into electrical energy with the aim that the energy offered can reduce the price of electricity production. The purpose of this research is to conduct a study that analyses the economic feasibility of investment by considering all economic aspects using HOMER Software. The result shows that the overall value of an investment with Indonesia’s feed-in tariff is feasible. The cost of energy production with si-mono and si-poly technologies was Rp 1,051/kWh and Rp 914/kWh respectively. By the capacity of 5000 kWp, return on investment (ROI) can occur in 10.73 years with si-mono technology and in 8.87 using si-poly technology from 25 years of the current system period. Using the Bank’s interest rate of 5.25%, the Internal Rate of Return (IRR) is considered feasible to apply because these two technologies illustrated the greater number than the general bank interest rate prevailing in Indonesia." @default.
- W3089721454 created "2020-10-08" @default.
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- W3089721454 date "2020-09-01" @default.
- W3089721454 modified "2023-09-26" @default.
- W3089721454 title "Economic study in simulating 5 MWp solar farm planning with 2 technologies under Indonesia Feed-in Tariff in Weh Island-Aceh, Indonesia" @default.
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- W3089721454 doi "https://doi.org/10.1088/1757-899x/931/1/012014" @default.
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