气候变化领域集成服务门户(CCPortal): Photovoltaic self-consumption is now profitable in Spain: Effects of the new regulation on prosumers’ internal rate of return

CCPortal

DOI	10.1016/j.enpol.2020.111793
	Photovoltaic self-consumption is now profitable in Spain: Effects of the new regulation on prosumers’ internal rate of return
	López Prol J.; Steininger K.W.
发表日期	2020
ISSN	03014215
卷号	146
英文摘要	Whereas Spain used to have one of the most restrictive photovoltaic self-consumption (PVSC) regulations in the world, the new regulation (RD-L 15/2018 & RD 244/2019) improves the economic conditions of PVSC systems, simplifies administrative procedures and allows shared self-consumption. We analyze the impact of the new PVSC regulation on residential, commercial and industrial prosumers’ profitability (internal rate of return). We provide a wide range of results that allow us to explore future profitability depending on the evolution of installation costs, the opportunities of shared self-consumption or storage, and even the potential emergence of new business models. We find that all segments obtain now positive profitability in average conditions. Whereas the residential segment has the lowest profitability level, it has the highest potential by decreasing installation costs and increasing the share of self-consumption, given its higher retail prices. Finally, we identify potential new business models by exploiting the prices and costs differentials across segments and maximizing the share of self-consumed electricity. PVSC systems with industrial costs exploiting residential markets could achieve 35% profitability by reaching 75% self-consumption, and even higher than 40% when self-consumption exceeds 85%. © 2020 The Authors
关键词	Energy transition net billing Profitability PV Renewable electricity
英文关键词	Earnings; Housing; Photovoltaic effects; Profitability; Administrative procedures; Economic condition; Industrial costs; Installation costs; Internal rate of return; New business models; Profitability levels; Residential market; Costs; alternative energy; consumption behavior; energy market; energy use; photovoltaic system; profitability; regulatory framework; retailing; Spain
语种	英语
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/204757
作者单位	Wegener Center for Climate and Global Change, University of Graz, Brandhofgasse 5, Graz, A-8010, Austria; Department of Economics, University of Graz, Universitaetsstr. 5, Graz, A-8010, Austria
推荐引用方式 GB/T 7714	López Prol J.,Steininger K.W.. Photovoltaic self-consumption is now profitable in Spain: Effects of the new regulation on prosumers’ internal rate of return[J],2020,146.
APA	López Prol J.,&Steininger K.W..(2020).Photovoltaic self-consumption is now profitable in Spain: Effects of the new regulation on prosumers’ internal rate of return.Energy Policy,146.
MLA	López Prol J.,et al."Photovoltaic self-consumption is now profitable in Spain: Effects of the new regulation on prosumers’ internal rate of return".Energy Policy 146(2020).