Problems and Opportunities for Cost-Effective Photovoltaic Systems for Private Use

Abstract

The climate changes, rising world tensions, soaring energy prices and fossil fuel dependencies require an affordable green power solution to be found and applied. The PV systems seem to be such solution, but there are still many obstacles standing on their way, especially in Bulgaria. An analysis concerning the cost-effectiveness of PV systems is done. The results are that they are cost-effective for companies, but not so much for private users yet. There are already breakthroughs in battery technology that are expected to open wide the doors for many types of renewable energy systems. The Bulgarian regulation process is one of the main obstacles standing on the way of PV systems.