Economic Evaluation of PV Installations for Self-Consumption in Industrial Parks

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dc.contributor.authorPedrero, Juan
dc.contributor.authorHernández, Patxi
dc.contributor.authorMartínez, Álvaro
dc.contributor.institutionPLANIFICACIÓN ENERGÉTICA
dc.date.issued2021-01-30
dc.descriptionPublisher Copyright: © 2021 by the authors. Licensee MDPI, Basel, Switzerland.
dc.description.abstractThis 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 different companies are substantial, and are slightly more favorable when applying dynamic distribution factors.en
dc.description.statusPeer reviewed
dc.format.extent1
dc.format.extent669731
dc.identifier.citationPedrero , J , Hernández , P & Martínez , Á 2021 , ' Economic Evaluation of PV Installations for Self-Consumption in Industrial Parks ' , Energies , vol. 14 , no. 3 , 728 , pp. 728 . https://doi.org/10.3390/en14030728
dc.identifier.doi10.3390/en14030728
dc.identifier.issn1996-1073
dc.identifier.otherresearchoutputwizard: 11556/1142
dc.identifier.urlhttp://www.scopus.com/inward/record.url?scp=85106229688&partnerID=8YFLogxK
dc.language.isoeng
dc.relation.ispartofEnergies
dc.rightsinfo:eu-repo/semantics/openAccess
dc.subject.keywordsPhotovoltaics
dc.subject.keywordsLegislation
dc.subject.keywordsRenewable energy
dc.subject.keywordsIndustrial parks
dc.subject.keywordsSustainability
dc.subject.keywordsSelf-consumption
dc.subject.keywordsLCC
dc.subject.keywordsPhotovoltaics
dc.subject.keywordsLegislation
dc.subject.keywordsRenewable energy
dc.subject.keywordsIndustrial parks
dc.subject.keywordsSustainability
dc.subject.keywordsSelf-consumption
dc.subject.keywordsLCC
dc.subject.keywordsRenewable Energy, Sustainability and the Environment
dc.subject.keywordsFuel Technology
dc.subject.keywordsEngineering (miscellaneous)
dc.subject.keywordsEnergy Engineering and Power Technology
dc.subject.keywordsEnergy (miscellaneous)
dc.subject.keywordsControl and Optimization
dc.subject.keywordsElectrical and Electronic Engineering
dc.subject.keywordsSDG 7 - Affordable and Clean Energy
dc.subject.keywordsSDG 13 - Climate Action
dc.subject.keywordsProject ID
dc.subject.keywordsinfo:eu-repo/grantAgreement/EC/H2020/785134/EU/Envisioning and Testing New Models of Sustainable Energy Cooperation and Services in Industrial Parks/S-PARCS
dc.subject.keywordsinfo:eu-repo/grantAgreement/EC/H2020/785134/EU/Envisioning and Testing New Models of Sustainable Energy Cooperation and Services in Industrial Parks/S-PARCS
dc.subject.keywordsFunding Info
dc.subject.keywordsThe work described in this article was partially funded by S-PARCS project, European Union’s Horizon 2020 research and innovation program under grant agreement Number 785134.
dc.subject.keywordsThe work described in this article was partially funded by S-PARCS project, European Union’s Horizon 2020 research and innovation program under grant agreement Number 785134.
dc.titleEconomic Evaluation of PV Installations for Self-Consumption in Industrial Parksen
dc.typejournal article
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