Cell and module design from the LCOE perspective
As the share of PV in the energy mix increases, it is logical to compare electricity generation by PV and other energy sources. A common method is to calculate the energy price by means of the levelized cost of electricity (LCOE): this allows different technologies to be compared on the basis of a standardized calculation, both within PV and with other sources of energy generation.
In this paper the PV-module-related technological criteria that have a positive impact on the LCOE calculation are derived. The sensitivities of these criteria are then examined, and the basis for the choice of wafer, cell and module technologies is established with a view to achieving the lowest LCOE values.