Outdoor Testing to Compare the Technical and Economic Aspects of Single-and Dual-Fluid Photovoltaic/Thermal (PV/T) Systems
1
Green Energy Technology Research Center, Kongju National University, Cheonan 1223-24, Korea
2
Department of Architectural Engineering, Kongju National University, Cheonan 1223-24, Korea
*
Author to whom correspondence should be addressed.
Appl. Sci. 2020, 10(16), 5641; https://doi.org/10.3390/app10165641
Received: 2 July 2020
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Revised: 11 August 2020
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Accepted: 12 August 2020
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Published: 14 August 2020
(This article belongs to the Section Energy Science and Technology)
Integration of a dual-fluid heat exchanger with a photovoltaic/thermal (PV/T) system has become increasingly important because it not only significantly reduces the photovoltaic (PV) solar cells’ temperature but also produces additional thermal energy. In this study, energy, exergy, and economic analyses of a dual-fluid (water/air) PV/T system are performed in comparison with a reference PV module and single-fluid PV/T systems for the climate of Cheonan, South Korea. Daily and yearly performance evaluations of all of the aforementioned PV/T systems were carried out through experimentation. Based on the experimental findings, the economic feasibility of the dual-fluid PV/T system is assessed in the context of its financial benefits over both a shorter and longer period of time. Results show that the energy and exergy efficiencies of the dual-fluid PV/T system are significantly higher than those of single-fluid PV/T systems, by 20% and 11%, respectively. In addition, relevant to local domestic electricity price, the cost of energy is reduced by 80%, 60%, and 45% with the dual-fluid PV/T system and water and air type PV/T systems, respectively. Furthermore, using the dual-fluid PV/T system, extra revenue is generated through carbon credit by mitigating CO2 emissions into the atmosphere.
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MDPI and ACS Style
Hussain, M.I.; Kim, J.-T. Outdoor Testing to Compare the Technical and Economic Aspects of Single-and Dual-Fluid Photovoltaic/Thermal (PV/T) Systems. Appl. Sci. 2020, 10, 5641. https://doi.org/10.3390/app10165641
AMA Style
Hussain MI, Kim J-T. Outdoor Testing to Compare the Technical and Economic Aspects of Single-and Dual-Fluid Photovoltaic/Thermal (PV/T) Systems. Applied Sciences. 2020; 10(16):5641. https://doi.org/10.3390/app10165641
Chicago/Turabian StyleHussain, Muhammad Imtiaz, and Jun-Tae Kim. 2020. "Outdoor Testing to Compare the Technical and Economic Aspects of Single-and Dual-Fluid Photovoltaic/Thermal (PV/T) Systems" Applied Sciences 10, no. 16: 5641. https://doi.org/10.3390/app10165641
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