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Evolution of the cost and economic profitability of grid-connected PV investments in Spain: Long-term review according to the different regulatory frameworks approved

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  • Talavera, D.L.
  • Muñoz-Cerón, E.
  • Ferrer-Rodríguez, J.P.
  • Nofuentes, G.

Abstract

Spain has shifted from a predominant position in the worldwide market according to the accumulated PV power installed, to an irrelevant level where it is even no longer present at the PV market survey; but not always this has been the situation.

Suggested Citation

  • Talavera, D.L. & Muñoz-Cerón, E. & Ferrer-Rodríguez, J.P. & Nofuentes, G., 2016. "Evolution of the cost and economic profitability of grid-connected PV investments in Spain: Long-term review according to the different regulatory frameworks approved," Renewable and Sustainable Energy Reviews, Elsevier, vol. 66(C), pages 233-247.
    • Handle: RePEc:eee:rensus:v:66:y:2016:i:c:p:233-247
    DOI: 10.1016/j.rser.2016.08.012
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    2. Acaroğlu, Hakan & Baykul, M. Celalettin, 2018. "Economic guideline about financial utilization of flat-plate solar collectors (FPSCs) for the consumer segment in the city of Eskisehir," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P2), pages 2045-2058.
    3. Jiménez-Castillo, G. & Muñoz-Rodriguez, F.J. & Rus-Casas, C. & Talavera, D.L., 2020. "A new approach based on economic profitability to sizing the photovoltaic generator in self-consumption systems without storage," Renewable Energy, Elsevier, vol. 148(C), pages 1017-1033.
    4. Hartmann, Bálint & Börcsök, Endre & Groma, Veronika Oláhné & Osán, János & Talamon, Attila & Török, Szabina & Alföldy-Boruss, Márk, 2017. "Multi-criteria revision of the Hungarian Renewable Energy Utilization Action Plan – Review of the aspect of economy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 80(C), pages 1187-1200.
    5. López Prol, Javier, 2018. "Regulation, profitability and diffusion of photovoltaic grid-connected systems: A comparative analysis of Germany and Spain," Renewable and Sustainable Energy Reviews, Elsevier, vol. 91(C), pages 1170-1181.
    6. Gómez-Calvet, Roberto & Martínez-Duart, José Manuel & Serrano-Calle, Silvia, 2019. "Current state and optimal development of the renewable electricity generation mix in Spain," Renewable Energy, Elsevier, vol. 135(C), pages 1108-1120.
    7. Jorge Fleta‐Asín & Fernando Muñoz, 2021. "Renewable energy public–private partnerships in developing countries: Determinants of private investment," Sustainable Development, John Wiley & Sons, Ltd., vol. 29(4), pages 653-670, July.
    8. Juan Antonio Ballesteros-Gallardo & Angel Arcos-Vargas & Fernando Núñez, 2021. "Optimal Design Model for a Residential PV Storage System an Application to the Spanish Case," Sustainability, MDPI, vol. 13(2), pages 1-26, January.
    9. Patricia Blanco-Díez & Montserrat Díez-Mediavilla & Cristina Alonso-Tristán, 2020. "Review of the Legislative Framework for the Remuneration of Photovoltaic Production in Spain: A Case Study," Sustainability, MDPI, vol. 12(3), pages 1-16, February.
    10. Raquel Fernández-González & Andrés Suárez-García & Miguel Ángel Álvarez Feijoo & Elena Arce & Montserrat Díez-Mediavilla, 2020. "Spanish Photovoltaic Solar Energy: Institutional Change, Financial Effects, and the Business Sector," Sustainability, MDPI, vol. 12(5), pages 1-18, March.
    11. Guo, Rui & Meunier, Simon & Protopapadaki, Christina & Saelens, Dirk, 2023. "A review of European low-voltage distribution networks," Renewable and Sustainable Energy Reviews, Elsevier, vol. 173(C).
    12. Espinoza, R. & Muñoz-Cerón, E. & Aguilera, J. & de la Casa, J., 2019. "Feasibility evaluation of residential photovoltaic self-consumption projects in Peru," Renewable Energy, Elsevier, vol. 136(C), pages 414-427.
    13. Gulkowski, Slawomir & Muñoz Diez, José Vicente & Aguilera Tejero, Jorge & Nofuentes, Gustavo, 2019. "Computational modeling and experimental analysis of heterojunction with intrinsic thin-layer photovoltaic module under different environmental conditions," Energy, Elsevier, vol. 172(C), pages 380-390.
    14. Lomas, J.C. & Muñoz-Cerón, E. & Nofuentes, G. & de la Casa, J., 2018. "Sale of profitable but unaffordable PV plants in Spain: Analysis of a real case," Energy Policy, Elsevier, vol. 117(C), pages 279-294.
    15. Sergio Coronas & Jordi de la Hoz & Àlex Alonso & Helena Martín, 2022. "23 Years of Development of the Solar Power Generation Sector in Spain: A Comprehensive Review of the Period 1998–2020 from a Regulatory Perspective," Energies, MDPI, vol. 15(4), pages 1-53, February.
    16. Muñoz-Cerón, E. & Lomas, J.C. & Aguilera, J. & de la Casa, J., 2018. "Influence of Operation and Maintenance expenditures in the feasibility of photovoltaic projects: The case of a tracking pv plant in Spain," Energy Policy, Elsevier, vol. 121(C), pages 506-518.
    17. D. L. Talavera & E. Muñoz-Cerón & J. de la Casa & D. Lozano-Arjona & M. Theristis & P. J. Pérez-Higueras, 2019. "Complete Procedure for the Economic, Financial and Cost-Competitiveness of Photovoltaic Systems with Self-Consumption," Energies, MDPI, vol. 12(3), pages 1-22, January.
    18. Fernández-González, Raquel & Puime-Guillén, Félix & Panait, Mirela, 2022. "Multilevel governance, PV solar energy, and entrepreneurship: the generation of green hydrogen as a fuel of renewable origin," Utilities Policy, Elsevier, vol. 79(C).
    19. Panagiotis Anagnostopoulos & Niki-Artemis Spyridaki & Alexandros Flamos, 2017. "A “New-Deal” for the Development of Photovoltaic Investments in Greece? A Parametric Techno-Economic Assessment," Energies, MDPI, vol. 10(8), pages 1-25, August.
    20. López Prol, Javier & Steininger, Karl W., 2017. "Photovoltaic self-consumption regulation in Spain: Profitability analysis and alternative regulation schemes," Energy Policy, Elsevier, vol. 108(C), pages 742-754.
    21. Talavera, D.L. & Muñoz-Cerón, Emilio & Ferrer-Rodríguez, J.P. & Pérez-Higueras, Pedro J., 2019. "Assessment of cost-competitiveness and profitability of fixed and tracking photovoltaic systems: The case of five specific sites," Renewable Energy, Elsevier, vol. 134(C), pages 902-913.
    22. López Prol, Javier & Steininger, Karl W., 2020. "Photovoltaic self-consumption is now profitable in Spain: Effects of the new regulation on prosumers’ internal rate of return," Energy Policy, Elsevier, vol. 146(C).
    23. Castro-Rodríguez, Fidel & Miles-Touya, Daniel, 2023. "Impact of Spanish renewable support scheme reforms on the revenues of photovoltaic power plants," Utilities Policy, Elsevier, vol. 80(C).
    24. Zhang, Minhui & Zhang, Qin, 2020. "Grid parity analysis of distributed photovoltaic power generation in China," Energy, Elsevier, vol. 206(C).

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