The
photovoltage and photocurrent both serve as important design
metrics when assessing the performance of photoanodes within photoelectrochemical
cells. However, to date, wide disagreement persists (even in the recent
literature) regarding how the photovoltage should be physically interpreted;
this lack of consensus is further coupled to physical interpretations
of the photocurrent. In this work, we utilize state-of-the-art device
modeling to help clarify the physical origins of both the photovoltage
and photocurrent in photoanodes. Our methodology is based on directly
solving the governing electron and hole continuity equations, coupled
self-consistently with Poisson’s equation, with appropriate
boundary conditions. Through a systematic examination of a model photoanode,
hematite, we correlate directly measurable current–voltage
characteristics with operational band diagrams. It is shown that,
by directly mapping specific operating points of either equal current
or equal voltage (both illuminated and in the dark) to band diagram
plots, one is able to obtain substantial insights into the physical
nature of both the photocurrent and photovoltage. Throughout this
analysis, the fundamental distinction between electrostatic and electrochemical
perturbations under arising illumination is underscored. By aiding
the community-wide effort to arrive at a consensus on these concepts,
we aim to further enable the design of higher-efficiency photoanodes.