1. Technical and economic assessment of utility interactive PV systems for domestic applications in South East Queensland
- Author
-
Kamel Khouzam
- Subjects
Payback period ,business.industry ,Photovoltaic system ,Energy Engineering and Power Technology ,Tariff ,Environmental economics ,Technology assessment ,090607 Power and Energy Systems Engineering (excl. Renewable Power) ,Investment (macroeconomics) ,Renewable energy ,Stand-alone power system ,Electricity generation ,010206 Operations Research ,Cost analysis ,Grid connected photovoltaic systems ,Battery storage ,Business ,Electricity ,Electric power industry ,Technical guidelines ,Electrical and Electronic Engineering ,140207 Financial Economics - Abstract
Summary form only given as follows. Electric utilities in Australia have been developing policies to stimulate interest and permit the purchase of electricity generated by renewable energy sources such as photovoltaic systems (PV). Studies show that under current conditions, it is technically feasible to introduce small-scale, grid connected, roof-top photovoltaic generation systems with or without battery storage. Economic analysis show that the electricity tariff structure for PV and other renewables requires a major change to allow a reasonable and an acceptable pay-back period if PV is to become an attractive economic investment to private owners. The technical policy developed by the utility should be reviewed to better match the operational characteristics of PV and inverter systems.
- Published
- 1999
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