'The Political Science Association of Kasetsart University'
Abstract
In this article, an analytical method is evaluated and implemented; to assess the possible electricity sales strate-gies produced by a 3 MW photovoltaic power plant, connected to a 250 kW CAES (Compressed Air Energy Storage) system, with a storage capacity of 750 kWh. The presented model combines a different numbers of parameters and variables, relevant for the system optimization. Several simulations of various system configu-rations have been carried out, to explore and evaluate the economic and technical feasibility of the plant, spe-cifically it has been valued tow case of study: CASE 1 the system is not incentive; CASE 2 the system is incen-tive. In the end of paper it has been rated the Leveled Cost of Energy (LCOE) and specified how the investment could become affordable in the foreseeable future
