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Solar energy, especially through photovoltaic systems, is a widespread and eco-friendly renewable source. Integrating life cycle cost analysis (LCCA) optimizes economic, environmental, and performance aspects for a sustainable approach. Despite growing interest, literature lacks a comprehensive review on LCCA implementation in photovoltaic systems.
Cost–benefit has always been regarded as one of the vital factors for motivating PV-BESS integrated energy systems investment. Therefore, given the integrity of the project lifetime, an optimization model for evaluating sizing, operation simulation, and cost–benefit into the PV-BESS integrated energy systems is proposed.
The cost–benefit analysis reveals the cost superiority of PV-BESS investment compared with the pure utility grid supply. In addition, the operation simulation of the PV-BESS integrated energy system is carried out showing that how the energy arbitrage is realized.
From the investors’ point of view, the cost–benefit analysis for the PV-BESS project is accomplished in consideration of the whole project lifecycle, proving the cost superiority of PV and BESS investment. At last, sensitivity analysis of PV and BESS optimal allocation is conducted to ideally balance the PV and BESS sizes for investment.
Since Jordan started the solar PV installation in 2012, the demand for solar PV operation and maintenance (O&M) services increased, driven by aging systems requiring inverter replacements (every 8-10 years) and system optimization.
According to annual reports by Jordan’s grid operators, the total installed on-grid solar PV capacity reached 2,073.86 MW by the end of 2024. This capacity is divided as follows: Distribution System Operators (DSOs): 1,081.86 MW across 74,145 projects. Transmission System Operator (TSO): 992 MW. The largest DSO-managed installations were by:
The commercial sector faces higher grid fees of 13 JD ($18.3 USD) per kWac/month, reducing the economic viability of installations. In September 2024, Jordan’s Council of Ministers lifted the cap on solar PV project sizes, enabling large-scale installations.
Jordan’s geographical location has a substantial impact on its potential for harnessing renewable energy, particularly solar energy. Positioned at the heart of the Middle East, Jordan benefits from its strategic placement in a region abundant in solar irradiance .