Sustainable energy transition in Bangladeshi academic buildings: A techno-economic analysis of photovoltaic-based net zero energy systems

Abstract

Bangladesh faces challenges with global carbon emissions and energy security due to its heavy reliance on imported fossil fuels. This paper investigates the techno-economic viability of photovoltaic (PV) systems for achieving net-zero energy in academic buildings as a sustainable alternative. The study evaluates the performance of PV systems based on factors including annual energy production, capacity factor, net-zero energy potential, self-consumption/sufficiency ratio, renewable fraction, levelized cost of energy (LCOE), net present value (NPV), payback period, profitability index (PI), and carbon emission reduction. The results indicate that optimally sized PV systems can generate net positive energy: 6.18 MWh for universities, 4.04 MWh for high schools, and 3.62 MWh for primary schools. Economic viability was assessed under two billing methods (net metering and all energy buy/sell), and all cases showed positive NPV and PI values greater than 1. Decarbonization analysis revealed significant reductions in CO2 emissions: 2026.5 tons for universities, 18.9 tons for high schools, and 9.7 tons for primary schools. Finally, a sensitivity analysis assessed the optimal PV system size for seven other regions in Bangladesh. These findings suggest that the widespread adoption of PV systems in academic buildings can play a crucial role in achieving net-zero energy, contributing significantly to the government and policymakers' pursuit of sustainable development goals.