Analysis of PV Self-Consumption in Educational and Office Buildings in Spain

2021 ◽  
Vol 13 (4) ◽  
pp. 1662
Author(s):  
Ángel José Ordóñez Mendieta ◽  
Esteban Sánchez Hernández
Keyword(s):  
Economic Analysis ◽  
Market Price ◽  
Office Buildings ◽  
Royal Decree ◽  
Levelized Cost Of Electricity ◽  
Economic Return ◽  
Return Of Investment ◽  
Grid Parity ◽  
Levelized Cost ◽  
Pool Market

As grid parity is reached in many countries, photovoltaic self-consumption is raising great interest. Currently, there is a big number of new projects being developed in Spain thanks to the new regulation. From the experience of the monitoring of one full year of operation of a self-consumption PV plant in a university building, a regulatory, energy, and economic analysis is made for this type of building. It has been carried out by simulating the behavior of the building with installations within the range of PV powers allowed in the Spanish regulation. The analysis shows the good fitting between the new Royal Decree of Self-Consumption and the new Building Code. The economic analysis proves that the new simplified compensation method gives the best economic return for this use of the buildings when the PV production is matched with the consumption. The time of return of investment is between 8 and 9 years, and the levelized cost of electricity (LCOE) is into the range of the pool market price of electricity. These results show the profitability of PV self-consumption for this type of building.

scholarly journals Incentives for Renewable Energies in Colombia

2021 ◽  
Vol 19 ◽  
pp. 24-26
Author(s):  
F. Villada ◽  
J.D. Saldarriaga-Loaiza ◽  
J.M. López-Lezama
Keyword(s):  
Clean Energy ◽  
Renewable Energies ◽  
Energy Resources ◽  
Development Plan ◽  
Levelized Cost Of Electricity ◽  
Cost Of Electricity ◽  
Grid Parity ◽  
Levelized Cost ◽  
Accelerated Depreciation

This work analyses the potential effects of the incentives for renewable energies approved in Colombia by two main acts. A methodology involving adjustments for tax reductions and accelerated depreciation is used to evaluate the Levelized Cost of Electricity (LCOE) for the four main clean energy resources available in Colombia. The results show important reductions in the LCOE specially, under the act approved in the development plan of the new government, where the LCOE of three technologies is below the grid parity.

scholarly journals A Detailed Techno-Economic Analysis of Gas Turbines Applied to CSP Power Plants With Central Receiver

2018 ◽  
Author(s):  
Manuel Martín ◽  
David Sánchez
Keyword(s):  
Economic Analysis ◽  
Gas Turbines ◽  
Power Plants ◽  
Performance Model ◽  
Simultaneous Operation ◽  
Levelized Cost Of Electricity ◽  
Fossil Energy ◽  
Operation Costs ◽  
Levelized Cost ◽  
Central Receiver

The present work presents a very detailed techno-economic analysis of the technology made up of two complementary models. A performance model implemented in Thermoflex environment is used to explore alternative integration layouts to enable the simultaneous operation on solar and fossil energy. Then, a detailed cost analysis approaches the capital and operation costs of the plant from an EPC (Engineering, Procurement and Construction) standpoint. These two models are then combined in annual simulations to obtain the final Levelized Cost of Electricity from which a solid conclusion about the true potential of solar gas turbines can be ascertained. A sensitivity analysis with respect to the main boundary conditions is also provided.

GRID PARITY OF PV – AN ACCESSIBLE OPPORTUNITY TO ACHIEVE BULGARIA’S RENEWABLE TARGETS BY 2030

2019 ◽  
pp. 239-244
Author(s):  
Georgi Todorov ◽  
Krasimira Keremidchieva
Keyword(s):  
Technological Progress ◽  
Time Frame ◽  
Specific Production ◽  
Final Consumption ◽  
Grid Parity ◽  
Levelized Cost ◽  
Cost Of Energy ◽  
Main Candidate ◽  
Common Vision ◽  
The Eu

On the go is the development and adaptation of an individual target for Bulgaria, in order to increase the share of RES energy, according to the EU common vision for leadership in the implementation of renewables to 32% in the gross final consumption by 2030. The technological progress, the easy applicability and feasibility of the projects, as well as the geographic and climatic specifics of Bulgaria, makes photovoltaic Bulgaria's main candidate for leading technology in this process. With net specific production of 1323kWh/annual per installed kWp, price levels of PV technology of €1360kWp and Levelized cost of energy (LCOE) below €0.12kWh for 20 years time frame, households in Bulgaria are at a stage where photovoltaic projects should be developed as an alternative to the grid supply

scholarly journals Method for Sizing of a PV System for Family Home Using Economic Indicators

Energies ◽  
2021 ◽  
Vol 14 (15) ◽  
pp. 4529
Author(s):  
Zvonimir Šimić ◽  
Danijel Topić ◽  
Ilija Crnogorac ◽  
Goran Knežević
Keyword(s):  
Input Data ◽  
Net Present Value ◽  
Market Price ◽  
System Size ◽  
Electricity Price ◽  
Economic Indicators ◽  
Solar Irradiation ◽  
Pv System ◽  
Output Data ◽  
Levelized Cost Of Electricity

This paper presents a method for finding an optimal photovoltaic (PV) system according to Croatian legislation. The PV sizing model, in which a decision on investment is made according to economic indicators, is made using MATLAB Software. Based on the input data, the monthly PV system production is calculated, and electricity price formed. According to the PV system production and electricity price, economic indicators are calculated and obtained as output data. The model input data are solar irradiation, load diagram, PV system costs and market price of electricity while the model output data are PV system production, savings, profit, incomes, Net Present Value (NPV) and Levelized Cost of Electricity (LCOE). The obtained economic indicators are presented graphically and used for decision making on an optimal PV system size. The presented model is applied and presented in a case study.

scholarly journals Techno-Economic Analysis of a Fuzzy Logic Control Based Hybrid Renewable Energy System to Power a University Campus in Japan

Energies ◽  
2021 ◽  
Vol 14 (7) ◽  
pp. 1960
Author(s):  
Tatsuya Hinokuma ◽  
Hooman Farzaneh ◽  
Ayas Shaqour
Keyword(s):  
Fuzzy Logic ◽  
Renewable Energy ◽  
Economic Analysis ◽  
Fuzzy Logic Control ◽  
Energy System ◽  
Levelized Cost Of Electricity ◽  
Logic Control ◽  
Hybrid Renewable Energy System ◽  
Renewable Energy System ◽  
Hybrid Renewable Energy

In order to reduce the load demand of buildings in Japan, this study proposes a grid-tied hybrid solar–wind–hydrogen system that is equipped with a maximum power point tracking (MPPT) system, using a fuzzy logic control (FLC) algorithm. Compared with the existing MPPTs, the proposed MPPT provides rapid power control with small oscillations. The dynamic simulation of the proposed hybrid renewable energy system (HRES) was performed in MATLAB-Simulink, and the model results were validated using an experimental setup installed in the Chikushi campus, Kyushu University, Japan. The techno-economic analysis (TEA) of the proposed system was performed to estimate the optimal configuration of the proposed HRES, subject to satisfying the required annual load in the Chikushi campus. The results revealed a potential of 2% surplus power generation from the proposed HRES, using the FLC-based MPPT system, which can guarantee a lower levelized cost of electricity (LOCE) for the HRES and significant savings of 2.17 million yen per year. The TEA results show that reducing the cost of the solar system market will lead to a reduction in LCOE of the HRES in 2030.

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