Economic Assessment of a PV Hybridized Linear Fresnel Collector Supplying Air Conditioning and Electricity for Buildings

The present study evaluates the potential upgrade of a Linear Fresnel Reflector (LFR) collector at the Cyprus Institute (CyI) with photovoltaics via the calculation of the Levelized Cost Of Heat (LCOH). For over 4 years the collector has been supplying heating and cooling to the Novel Technologies Laboratory (NTL) of the Cyprus Institute (CyI). Extensive measurements have been carried out both on the LFR and NTL to render real numbers in the computations. This hybridization would be undertaken with the installation of PV arrays under mirrors, so that the collector is able to either reflect direct radiation to the receiver to process heat or to produce electricity directly in the built environment. The main objective is the decrease of the LCOH of Linear Fresnel collectors, which hinders their wider deployment, while air conditioning demand is globally booming. The results show that the LCOH for a small LFR to supply air conditioning is high, c€25.2–30.1 per kWh, while the innovative PV hybridization proposed here decreases it. The value of the study resides in the real data collected in terms of thermal efficiency, operation, and maintenance.