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Profitability analysis of a photovoltaic installation - A case study

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  • Kijo-Kleczkowska, Agnieszka
  • Bruś, Paweł
  • Więciorkowski, Grzegorz

Abstract

The main element of the work was the economic analysis resulting from the use of a photovoltaic installation cooperating with the installation of a heat pump in one of the single-family houses. It should be emphasized that the cooperation of photovoltaics and heat pumps, aimed at ensuring thermal comfort in the building and generating electricity, e.g. for the operation of a heat pump, it is one of the most economically advantageous technologies. In this work, the authors focused only on the assessment of the payback time of the sample photovoltaic installation, operating in Poland. Based on the analysis of the investment and operating costs of the installation, its profitability was demonstrated, while ensuring clean, practically maintenance-free energy production.

Suggested Citation

  • Kijo-Kleczkowska, Agnieszka & Bruś, Paweł & Więciorkowski, Grzegorz, 2022. "Profitability analysis of a photovoltaic installation - A case study," Energy, Elsevier, vol. 261(PB).
    • Handle: RePEc:eee:energy:v:261:y:2022:i:pb:s0360544222021946
    DOI: 10.1016/j.energy.2022.125310
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    References listed on IDEAS

    as
    1. Kosmadakis, Ioannis E. & Elmasides, Costas & Koulinas, Georgios & Tsagarakis, Konstantinos P., 2021. "Energy unit cost assessment of six photovoltaic-battery configurations," Renewable Energy, Elsevier, vol. 173(C), pages 24-41.
    2. Gong, Yu & Liu, Pan & Ming, Bo & Feng, Maoyuan & Huang, Kangdi & Wang, Yibo, 2022. "Identifying the functional form of operating rules for hydro–photovoltaic hybrid power systems," Energy, Elsevier, vol. 243(C).
    3. Liu, Jicheng & Lu, Yunyuan, 2022. "Research on the evaluation of China's photovoltaic policy driving ability under the background of carbon neutrality," Energy, Elsevier, vol. 250(C).
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Anna Wojewnik-Filipkowska & Paweł Filipkowski & Olaf Frąckowiak, 2023. "Analysis of Investments in RES Based on the Example of Photovoltaic Panels in Conditions of Uncertainty and Risk—A Case Study," Energies, MDPI, vol. 16(7), pages 1-15, March.
    2. Woon, Kok Sin & Phuang, Zhen Xin & Taler, Jan & Varbanov, Petar Sabev & Chong, Cheng Tung & Klemeš, Jiří Jaromír & Lee, Chew Tin, 2023. "Recent advances in urban green energy development towards carbon emissions neutrality," Energy, Elsevier, vol. 267(C).

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