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PV*SOL Expert 6.0 - Manual - Valentin Software

PV*SOL Expert 6.0 - Manual - Valentin Software

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<strong>PV*SOL</strong> <strong>Expert</strong> <strong>6.0</strong> - <strong>Manual</strong><br />

Own Consumption - PV System<br />

The PV system’s own consumption comes from the energy used by the inverter, when no<br />

PV energy is being produced. During the day, the inverter draws on the grid for its stand-by<br />

consumption. At night, if the inverter is not switched off completely, it also draws energy<br />

for night consumption. Both dimensions are entered in the characteristics for the Inverter.<br />

Net Present Value<br />

The Net Present Value is calculated from the:<br />

208<br />

• Cash Value of all Annual Costs<br />

• Cash Value of all Annual Lodgements and Savings<br />

• Cash Value of Loan Payments<br />

• Cash Value of Tax Payments<br />

• One-off Payments<br />

• Subsidies<br />

• Self-Financing<br />

Payback Period<br />

The period required to get to the point when the net present value of the investment<br />

first becomes positive.<br />

Performance Ratio<br />

The performance ratio is a measurement of the energy losses within the system that occur<br />

in comparison with the system’s nominal output. The nominal output is calculated from<br />

the irradiation onto the tilted PV surface multiplied by the module efficiency under<br />

standard test conditions (25 C, 1000W/m²).<br />

PV Array – Direct Energy Use<br />

Direct energy use means the energy that flows direct (without being stored before use) to<br />

the appliances. With alternating current appliances, however, the energy will have to be<br />

converted to AC by the stand-alone system inverter, before it can be used to cover<br />

electricity consumption.<br />

PV Array – Energy Surplus<br />

An energy surplus occurs if the solar energy available is not required by the appliances<br />

and the battery is charged.<br />

PV Array – Generated Energy<br />

The generated energy is the energy exiting the PV generator. Losses through MPP tracking<br />

are not accounted for. These dimensions also include any PV array surplus that may occur.

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