The Prospects for Cost Competitive Solar PV Power

Reichelstein, Stefan; Yorston, Michael

doi:10.2139/ssrn.2182828

Cited by 42 publications

(71 citation statements)

References 13 publications

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“…The PBP ranges from 6 to 7 years and is much lower compared to the expected useful life of the energy system, specifically of the PVs (Reichelstein and Yorston, 2013) that represent the larger investment. Such a remarkable result derives from the synergy between the electrically driven heating, PV electricity production, and thermal energy storage.…”

Section: Identification Of the Optimal Plant Configurationmentioning

confidence: 99%

Smart integration of photovoltaic production, heat pump and thermal energy storage in residential applications

et al. 2019

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The optimal design of distributed generation systems is of foremost importance to reduce fossil fuel consumption and mitigate the environmental impact of human activities in urban areas. Moreover, an efficient and integrated control strategy is needed for each of the components of a distributed generation plant, in order to reach the expected economic and environmental performances.In this paper, the transition from natural gas to electricity-based heating is evaluated for residential applications, considering the interplay between photovoltaic electricity produced on site and the thermal energy storage, to grant the optimal management of heating devices. The energy demand of an apartment building, under different climatic conditions, is taken as a reference and four power plant solutions are assessed in terms of energy cost and pollution reduction potential, compared to a baseline plant configuration. The performance of each power plant is analyzed assuming an optimized control strategy, which is determined through a graph-based methodology that was previously developed and validated by the authors. Outcomes from our study show that, if heat pumps are used instead of natural gas boilers, energy costs can be reduced up to 41%, while CO 2 emissions can be reduced up to 73%, depending on the climatic conditions.Our results provide a sound basis for considering the larger penetration of photovoltaic plants as an effective solution towards cleaner and more efficient heating technologies for civil applications. The simultaneous utilization of heat pumps (as substitutes of boilers) and photovoltaic panels yields a positive synergy that nullifies the local pollution, drastically cuts the CO 2 emission, and guarantees the economical sustainability of the investment in renewable energy sources without subsidiary mechanisms.

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Section: Identification Of the Optimal Plant Configurationmentioning

confidence: 99%

Smart integration of photovoltaic production, heat pump and thermal energy storage in residential applications

et al. 2019

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“…Globally, there are comparable needs to find cost-effective means to maintain electricity network integrity with increasing peak electricity demand growth and high penetrations of new clean energy systems [1][2][3][4][5][6]. As a general response to peak demand, electricity sector reforms towards competitive electricity market structures oversaw large investments in new generation capacity.…”

Section: Introductionmentioning

confidence: 99%

“…In many jurisdictions this has arguably disregarded investments in fuel supply diversity and security, and not reinforcing the electricity network or improving the power quality [2,7]. In terms of new renewable energy capacity, while solar photovoltaics (PV) are enjoying a large surge in generation capacity, there is a perception that highpenetration PV variability and integration with conventional electricity infrastructure are technically and economically challenging to achieve [6,8]. After a long PV technology development phase, there are increasingly large and growing contributions of PV in localised regions of electricity networks at both the large-and small-scale which may require new approaches to compensate for the larger or aggregated output fluctuations, depending on the existing network [9,10].…”

Section: Introductionmentioning

confidence: 99%

Why Do Electricity Policy and Competitive Markets Fail to Use Advanced PV Systems to Improve Distribution Power Quality?

McHenry

Johnson

Hightower

2016

Journal of Solar Energy

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The increasing pressure for network operators to meet distribution network power quality standards with increasing peak loads, renewable energy targets, and advances in automated distributed power electronics and communications is forcing policy-makers to understand new means to distribute costs and benefits within electricity markets. Discussions surrounding how distributed generation (DG) exhibits active voltage regulation and power factor/reactive power control and other power quality capabilities are complicated by uncertainties of baseline local distribution network power quality and to whom and how costs and benefits of improved electricity infrastructure will be allocated. DG providing ancillary services that dynamically respond to the network characteristics could lead to major network improvements. With proper market structures renewable energy systems could greatly improve power quality on distribution systems with nearly no additional cost to the grid operators. Renewable DG does have variability challenges, though this issue can be overcome with energy storage, forecasting, and advanced inverter functionality. This paper presents real data from a large-scale grid-connected PV array with large-scale storage and explores effective mitigation measures for PV system variability. We discuss useful inverter technical knowledge for policy-makers to mitigate ongoing inflation of electricity network tariff components by new DG interconnection requirements or electricity markets which value power quality and control.

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“…En la literatura técnica, algunas publicaciones internacionales analizan la competitividad de las tecnologías solares y consideran el efecto de los bonos de carbono, pero solo para el caso de aplicaciones fotovoltaicas [6][7]. Entretanto, Andrade y Pérez [8] presentaron un análisis de BC para la realidad chilena, incluyendo varias ERNC.…”

Section: Introductionunclassified

Evaluación de la contribución de los bonos de carbono a la competitividad de las centrales solares de concentración en Chile

Ronaldo

Cardemil

2015

Ingeniare. Rev. chil. ing.

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The Prospects for Cost Competitive Solar PV Power

Cited by 42 publications

References 13 publications

Smart integration of photovoltaic production, heat pump and thermal energy storage in residential applications

Smart integration of photovoltaic production, heat pump and thermal energy storage in residential applications

Why Do Electricity Policy and Competitive Markets Fail to Use Advanced PV Systems to Improve Distribution Power Quality?

Evaluación de la contribución de los bonos de carbono a la competitividad de las centrales solares de concentración en Chile

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