The first of these deliverables is analysing and reporting on the Levelised Cost of Electricity (LCOE) for PSC PV technology when large-scale manufacture is achieved. Dyesol is very pleased to advise that this initial report is to be submitted for ARENA consideration.
The results confirm that PSC PV technology has the potential to be a highly disruptive technology with the prospect of achieving highly competitive energy costs once large-scale manufacturing is achieved.
Importantly, this modelling assumes zero carbon or tax credits and no feed-in tariff support.
The modelling is based on a production facility of 100MW located within Australia. This is a modest and economically feasible size compared to PV manufacturing facilities developed elsewhere. Production costs were calculated using a PSC model developed by Dyesol and the extensive data we have generated during our scale up activities.
LCOE costs were calculated using ARENA’s LCOE calculator developed for large-scale solar installations. The LCOE modelling is based on developing a standalone 20MW solar PV facility in three different locations, namely Geraldton, Nyngan and Canberra districts. The modelling was undertaken for panel efficiencies of 10%, 12% and 14%. This is reasonable considering laboratory test efficiencies currently exceed 20%, the steep trajectory of improvement and the considerable progress Dyesol is achieving in scaling up the technology.
Key findings of this study include:
- The low manufacturing cost structure of PSC technology is reflected in the forecast delivered panel costs in the range of A$0.21/Wp - A$0.27/Wp depending on efficiency. This is highly competitive with competing 1st and 2nd generation PV technologies with quoted competitive costs typically in the range of A$0.56-$0.70/Wp (US$0.40 - $0.50c/Wp).
- Indicative LCOE figures for the three sites modelled are:
o Geraldton $96.41 - $105.84/MWh
o Nyngan $100.80 - $110.50/MWh
o Canberra $109.12 - $119.62/MWh
To view the release, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-DYE-742048.pdf
About Dyesol Ltd:
Dyesol Limited (ASX:DYE)(OTCMKTS:DYSOY) is a renewable energy supplier and leader in Perovskite Solar Cell (PSC) technology – 3rd Generation photovoltaic technology. The Company's vision is to create a viable low cost source of electricity with the potential to disrupt the global energy supply chain and energy balance.
Source:
Dyesol Ltd
Contact:
Dyesol Headquarters: Tracy Benillouz Investor Relations and Marketing Manager Tel: +61(0)2 6299 1592 Email: tbenillouz@dyesol.com Germany & Europe Eva Reuter Dr Reuter Investor Relations Tel: +49 177 605 8804 Email: e.reuter@dr-reuter.eu