The techno-economics of perovskite solar cells, from manufacturing cost to LCOE

Lucie Mc Govern^a^,^b, Bob Van der Zwaan^a^,^c

^aVan ’t Hoff Institute for Molecular Sciences, University of Amsterdam, Science Park 904, 1098 XH Amsterdam, The Netherlands.

^bCenter for Nanophotonics, AMOLF, Science Park 104, 1098 XG Amsterdam, The Netherlands

^cTNO

Materials for Sustainable Development Conference (MATSUS)
Proceedings of MATSUS23 & Sustainable Technology Forum València (STECH23) (MATSUS23)

#PerFut - Metal Halide Perovskites Fundamental Approaches and Technological Challenges

VALÈNCIA, Spain, 2023 March 6th - 10th

Organizers: Wang Feng, Giulia Grancini and Pablo P. Boix

Poster, Lucie Mc Govern, 351
Publication date: 22nd December 2022

Perovskite solar modules have shown considerable developments in the last decade, and commercial applications are drawing closer. Here, we propose a new techno-economic study of this technology and place these results in the PV market sector at large. We find that the cost for manufacturing perovskite modules could still vary from 10 to almost 100 €/m² [1,2], and that the perovskite module cost is strongly dependent on the manufacturing throughput of the plant. This manufacturing cost can be decomposed into CAPEX, OPEX and materials costs, where the main contribution comes from the materials costs, specifically the front substrate, the encapsulation scheme, and the junction box [2,3,4]. We further calculate the LCOE as a function of module efficiency and stability. The corresponding 2D maps are shown for four different module cost scenarios, at 12.5, 25, 50, and 100 €/m². We find that all of these parameters, namely module cost, efficiency, and stability, matter towards the final LCOE value, and that the resulting LCOE varies from 4 to 23 cents €/kWh. There is a potential for competition with silicon, but the conditions remain restrictive. Finally, we modify the LCOE equation to highlight the benefit of producing low-weight modules by roll-to-toll deposition. This leads to a reduced LCOE, making the comparative advantage toward silicon PV stronger. Together, these results suggest a strong incentive for the production of light-weight perovskite modules.

References:

[1] Martin, B., Amos, D., Brehob, E., van Hest, M. F. A. M. & Druffel, T. Techno-economic analysis of roll-to-roll production of perovskite modules using radiation thermal processes. Appl. Energy 307, 118200 (2022).

[2] Mathews, I. et al. Economically Sustainable Growth of Perovskite Photovoltaics Manufacturing. Joule 4, 822–839 (2020).

[3] Song, Z. et al. A technoeconomic analysis of perovskite solar module manufacturing with low-cost materials and techniques. Energy Environ. Sci. 10, 1297–1305 (2017).

[4] Martulli, A. et al. Towards market commercialization: Lifecycle economic and environmental evaluation of scalable perovskite solar cells. Prog. Photovoltaics Res. Appl. (2022).

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