Techno Economic Analysis on PV System Based on Localized Load Profile
DOI:
https://doi.org/10.54554/ijeeas.2026.9.01.001Abstract
Electricity in most developing countries still relies heavily on fossil-fuel generation. Growing concerns about greenhouse-gas emissions and the falling cost of photovoltaic (PV) modules have made grid-connected PV (GCPV) systems an attractive option. This study presents a techno-economic analysis of a localized GCPV system at Universiti Teknikal Malaysia Melaka (UTeM). Using HOMER software, several system configurations were simulated to determine the most cost-effective and technically feasible design. The optimal configuration achieved the lowest Net Present Cost (NPC) while maintaining reliable performance. Results show that the proposed GCPV system is both technically and economically viable for institutional implementation.
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