LCOE not correct optimization parameter of PV plants, say researchers

New research from Italy shows the importance of considering power plant dispatchability in PV project planning. The scientists claim assessing a project's levelized cost of energy could be misleading, especially with variable and sometimes negative electricity prices. A research group led by the Polytechnic University of Milan in Italy has created a mathematical model to optimize PV plant design based on optimized dispatching strategies considering real grid demand and prices. "We started from the evolution of the electric curve, which is also called duck curve, and then arrived at the extreme ...

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