2020
DOI: 10.1016/j.enpol.2020.111727
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An innovative viable model for community-owned solar PV projects without FIT: Comprehensive techno-economic assessment

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Cited by 23 publications
(11 citation statements)
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“…Whether supporting education, healthcare, or cultural programs, the surplus funds generated from renewable energy endeavors can be channeled back into the community [31]. This self-sustaining cycle of investment not only strengthens community bonds but also ensures that the benefits of renewable energy extend far beyond the immediate scope of reduced energy bills [32].…”
Section: Community-based Wind and Solar Energy Systemsmentioning
confidence: 99%
“…Whether supporting education, healthcare, or cultural programs, the surplus funds generated from renewable energy endeavors can be channeled back into the community [31]. This self-sustaining cycle of investment not only strengthens community bonds but also ensures that the benefits of renewable energy extend far beyond the immediate scope of reduced energy bills [32].…”
Section: Community-based Wind and Solar Energy Systemsmentioning
confidence: 99%
“…Furthermore, an additional metric is defined in this paper, the LVOS -Levelized Value of Storage, to assess the value that storage adds to a PV system that belongs to a prosumer, as given by expression (2).…”
Section: Economic Metricsmentioning
confidence: 99%
“…Metric ROI is calculated directly from NPV and the initial investment value. The other metrics adopted in this paper, LCOS and LVOS, are calculated using results given by SAM by applying expressions (1) and (2).…”
Section: Economic Metricsmentioning
confidence: 99%
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“…The DC storage integrated system, modeled using the SAM software, was reported to produce about 2.8 GWh of electricity in its first year of operation, with a levelized cost of electricity (LCOE) of about 4 cents$/kWh. Mirzania et al [11] equally applied the SAM software to assess the techno-economic feasibility of a battery integrated PV system in the UK without the usual feed-in-tariff (FIT) from the Government. The authors developed a business model and using it to analyze different scenarios, concluded that it would be possible to completely offset the cost of PV-battery projects in the communities and make a profit, even in the absence of subsidies from the Government.…”
Section: Introductionmentioning
confidence: 99%