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DOI | 10.1016/j.enpol.2020.112008 |
Evaluating consumer investments in distributed energy technologies | |
Castagneto Gissey G.; Zakeri B.; Dodds P.E.; Subkhankulova D. | |
发表日期 | 2021 |
ISSN | 03014215 |
卷号 | 149 |
英文摘要 | The adoption of solar photovoltaic and electrical energy storage by end users depends on their economic attractiveness, which is typically assessed with metrics of future cash flow such as Net Present Value (NPV). Yet analyses using NPV typically do not account for the evolution towards low-carbon electricity systems in the short and long term. We show this to be of critical importance for accurately calculating the profitability of these technologies. By linking an energy system model with a power system model, we observe substantial differences between NPV estimates calculated with and without representing potential evolutions of the electricity system. Our results suggest that not accounting for short- and long-run changes in the electricity system could underestimate the NPV of an investment in photovoltaic and storage by around 20%, especially in scenarios with high levels of renewables, moderate flexibility, and high electrification in the energy system. Using system-dependent cash flow metrics can have a major impact on end-users' energy technology profitability. © 2020 The Author(s) |
关键词 | Energy storageFeasibility studyPrivate investmentProsumerRenewable energy integrationSolar PVSystem value |
英文关键词 | Electric energy storage; Profitability; Distributed energies; Electrical energy storages; Electricity system; Energy system model; Energy technologies; Low-carbon electricities; Power system model; Solar photovoltaics; Investments; alternative energy; electricity industry; energy policy; energy storage; photovoltaic system; policy implementation; power generation; profitability; renewable resource; solar power; technological development |
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/205038 |
作者单位 | UCL Energy Institute, University College, London, United Kingdom; The Laboratory of Energy Efficiency and Systems, Aalto University, Finland; Sustainable Energy Planning, Department of Planning, Aalborg University Copenhagen, Denmark; International Institute for Applied Systems Analysis (IIASA), Austria |
推荐引用方式 GB/T 7714 | Castagneto Gissey G.,Zakeri B.,Dodds P.E.,et al. Evaluating consumer investments in distributed energy technologies[J],2021,149. |
APA | Castagneto Gissey G.,Zakeri B.,Dodds P.E.,&Subkhankulova D..(2021).Evaluating consumer investments in distributed energy technologies.Energy Policy,149. |
MLA | Castagneto Gissey G.,et al."Evaluating consumer investments in distributed energy technologies".Energy Policy 149(2021). |
条目包含的文件 | 条目无相关文件。 |
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