Economic Evaluation of PV Installations for Self-Consumption in Industrial Parks
Date
2021-01-30Keywords
Photovoltaics
Legislation
Renewable energy
Industrial parks
Sustainability
Self-consumption
LCC
Abstract
This paper presents an analysis of the economic performance of photovoltaic (PV) selfconsumption
systems at an industrial park in the Basque Country (north of Spain). The economic
feasibility of the installations is largely dependent on self-consumption and compensation due to
electricity injected into the grid, as well as the assumed evolution of the electricity prices. A sensitivity
analysis is carried out for different installation sizes and different evolution scenarios concerning
electricity prices. The potential for installations for shared self-consumption with dynamic and
static distribution coefficients is also analyzed. The results show that medium sized installations are
generally a cost effective way to reduce energy bills, while the economic performance of larger installations
is more uncertain, and is largely dependent on the selling price for electricity injected into the
grid. This case study found that the economic benefits of shared self-consumption between ...
Type
journal article