Abstract
In Floating PV (Photovoltaic) systems, PV modules are installed on water by utilizing the surface of idle water such as a reservoir and multipurpose dam. A floating PV system, therefore, has the advantage of efficiency in national land use and improved energy yield owing to cooling effect compared to on-land PV systems. Owing to the limitation of installation environment for a floating PV system, the system, however, has the disadvantage of an increase in transmission distance of DC (Direct current) cables. A longer transmission distance of a DC cable results in greater power loss due to a voltage drop. This leads to a decline in economic feasibility for the floating PV system. In this paper, the economic analysis for 10 floating PV systems installed in a reservoir has been conducted in terms of a change in annual power sales according to the variation of transmission losses depending on the factors affecting the voltage drop, such as transmission distance, cross-section area of underwater cable, the presence of joint box, and PV capacity.
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