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Technical and economic assessment of utility interactive PV systems for domestic applications in South East Queensland
- Source :
- IEEE Transactions on Energy Conversion
- Publication Year :
- 1999
- Publisher :
- Institute of Electrical and Electronics Engineers (IEEE), 1999.
-
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.
- 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
Subjects
Details
- ISSN :
- 08858969
- Volume :
- 14
- Database :
- OpenAIRE
- Journal :
- IEEE Transactions on Energy Conversion
- Accession number :
- edsair.doi.dedup.....2b686fdf04396256c7e82dc1bd3dbbd9
- Full Text :
- https://doi.org/10.1109/60.815103