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Photovoltaic energy mini-generation: Future perspectives for Portugal

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  • Carvalho, Duarte
  • Wemans, João
  • Lima, João
  • Malico, Isabel

Abstract

This paper evaluates the benefits of developing the mini-generation PV market in Portugal. It presents the legal framework and current status of the Portuguese PV electricity sector, and compares the country to other European nations: France, Germany, Greece, Italy, Spain and the United Kingdom. A model that combines PVGIS with a self-developed financial tool is used to assess the feasibility of a 150Â kW mini-generation system using five different technologies: fixed mount, single-axis tracking, double-axis tracking, low concentration and medium concentration (MCPV). The profitability of the mini-generation systems in the seven countries studied is calculated and compared. According to this analysis, MCPV and, of the conventional technologies, the single-axis tracking systems are the most profitable technologies. Despite the attractiveness of the current Portuguese feed-in tariffs and of the abundant solar resource, investors are discouraged and the country's PV market is far from mature. Specific mini-generation regulations should focus on a fast and transparent licensing procedure and should promote the access to financing. This would attract new investments, which would result in the growth of the PV electricity produced, and would help Portugal to meet its European Union Renewable Energy targets.

Suggested Citation

  • Carvalho, Duarte & Wemans, João & Lima, João & Malico, Isabel, 2011. "Photovoltaic energy mini-generation: Future perspectives for Portugal," Energy Policy, Elsevier, vol. 39(9), pages 5465-5473, September.
    • Handle: RePEc:eee:enepol:v:39:y:2011:i:9:p:5465-5473
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    References listed on IDEAS

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    1. Papadopoulos, A.M. & Karteris, M.M., 2009. "An assessment of the Greek incentives scheme for photovoltaics," Energy Policy, Elsevier, vol. 37(5), pages 1945-1952, May.
    2. Lee, Shun-Chung & Shih, Li-Hsing, 2010. "Renewable energy policy evaluation using real option model -- The case of Taiwan," Energy Economics, Elsevier, vol. 32(Supplemen), pages 67-78, September.
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    1. Movilla, Santiago & Miguel, Luis J. & Blázquez, L. Felipe, 2013. "A system dynamics approach for the photovoltaic energy market in Spain¤," Energy Policy, Elsevier, vol. 60(C), pages 142-154.
    2. Gyanendra Singh Sisodia & Isabel Soares & Paula Ferreira, 2016. "The effect of sample size on European Union’s renewable energy investment drivers," Applied Economics, Taylor & Francis Journals, vol. 48(53), pages 5129-5137, November.
    3. Ferreira, Miguel & Marques, Isabel Paula & Malico, Isabel, 2012. "Biogas in Portugal: Status and public policies in a European context," Energy Policy, Elsevier, vol. 43(C), pages 267-274.
    4. Dias, Luís & Gouveia, João Pedro & Lourenço, Paulo & Seixas, Júlia, 2019. "Interplay between the potential of photovoltaic systems and agricultural land use," Land Use Policy, Elsevier, vol. 81(C), pages 725-735.
    5. Carlos V. Miguel & Adélio Mendes & Luís M. Madeira, 2018. "An Overview of the Portuguese Energy Sector and Perspectives for Power-to-Gas Implementation," Energies, MDPI, vol. 11(12), pages 1-20, November.
    6. de la Hoz, Jordi & Martín, Helena & Ballart, Jordi & Córcoles, Felipe & Graells, Moisès, 2013. "Evaluating the new control structure for the promotion of grid connected photovoltaic systems in Spain: Performance analysis of the period 2008–2010," Renewable and Sustainable Energy Reviews, Elsevier, vol. 19(C), pages 541-554.

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