The Economic and Financial Feasibility of the Solar Power System Installation Project at Al-Kut Olympic Stadium
The electricity shortfall may be reduced by the utilization of renewable energy sources, especially solar power. One of the biggest and most prominent sports venues in central Iraq, Al-Kut Olympic Stadium, is the subject of this research, which looks at the possibility of grid-connected solar power production there. Finding out whether Al-Kut Olympic Stadium can accommodate a 1,250 MW grid-connected solar power plant is the main goal of this study. The primary goal of this research is to assess the three categories of solar energy—actual measurement, dataset, and surface radiation—in order to determine the stadium's capacity to use solar power. The findings indicate that the solar resource at the chosen location is of outstanding quality. Secondly, we want to use solar modules to learn how different orientation angles affect economic feasibility indicators, capacity factors, and solar energy production. According to the findings, it is financially viable to implement the suggested system at its peak performance. In order to optimize energy output while minimizing power production expenses, it is recommended to consider orientation angles, solar modules, and market pricing.
Authors
- Ali A. Abbood (ORCID: https://orcid.org/0000-0002-0452-9601)
- Nagham Hameed Abdulkhudhur Alayseri
Publication Details
- Journal
- INTERNATIONAL JOURNAL OF TRANSFORMATIONS IN BUSINESS MANAGEMENT
- Published
- 2025-01-01
- DOI
- https://doi.org/10.37648/ijtbm.v15i03.004
- Primary Topic
- Integrated Energy Systems Optimization
- Type
- article
- Field-Weighted Citation Impact
- 0.00