Economic Feasibility of Solar Power Plants in Turkey Based on the PV Module Using Simulation RETScreen Software

Abstract

This chapter aims to analyze the renewable energy production and economic evaluation of five MW solar power plant installations in Turkey using the RETScreen program. For this purpose, all provinces of Turkey are analyzed first in terms of their global radiation values. Provinces with a global radiation value less than 1620 kWh / m2 per year have been eliminated, and the analysis proceeded with 45 provinces. The study includes three different scenarios. The first is based only on the government's guarantee of purchase. The second adds the greenhouse gas reduction incentive to the first scenario. The third scenario adds domestic production incentives to the first and second scenarios. According to the first scenario analysis, the payback period is 5.553 years for Muğla and 6.530 years for Antalya. According to the second scenario, the payback period is 5.230 years for Muğla and 6.184 years for Antalya. Finally, in terms of the third scenario, the payback period is 3.479 years for Muğla and 4.101 years for Antalya.