2018
DOI: 10.1016/j.enpol.2018.07.032
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The positive feedback cycle in the electricity market: Residential solar PV adoption, electricity demand and prices

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Cited by 29 publications
(15 citation statements)
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“…Increased capacity of residential solar PVs leads to increased rate of solar PV technology development, which causes unit costs of PV production to decline. The decreased unit costs of solar PV lead to increased willingness to invest in residential PV, increasing the capacity of PV and leading to even faster rate of technology development [72]. Modelling can encounter also other effects, which may strengthen reinforcing loops, i.e.…”
Section: Reinforcing and Balancing Processes In Energy Transitionsmentioning
confidence: 99%
“…Increased capacity of residential solar PVs leads to increased rate of solar PV technology development, which causes unit costs of PV production to decline. The decreased unit costs of solar PV lead to increased willingness to invest in residential PV, increasing the capacity of PV and leading to even faster rate of technology development [72]. Modelling can encounter also other effects, which may strengthen reinforcing loops, i.e.…”
Section: Reinforcing and Balancing Processes In Energy Transitionsmentioning
confidence: 99%
“…It holds significance in the electricity sector, as its potential to meet electricity demand has been widely reported; for example, Chesser et al . predicts that electrical micro-renewable energy systems such as solar PV could provide 30–40% of the United Kingdom’s electricity needs by 2050 4 . Currently, research in the area of photovoltaics is focused primarily on new technologies such as third generation PV 5 , optimising efficiencies and applications of solar cells by unconventional means 614 .…”
Section: Introductionmentioning
confidence: 99%
“…In addition, the advancements in power electronics have also aided the PV growth . According to the International Energy Agency (IEA), the cumulative PV capacity of the word reached about 302 GW and it will cross 490 GW by the end of 2020 …”
Section: Introductionmentioning
confidence: 99%