IDEAS home Printed from https://ideas.repec.org/a/eee/rensus/v94y2018icp1024-1035.html
   My bibliography  Save this article

Economic and environmental analysis of a residential PV system: A profitable contribution to the Paris agreement

Author

Listed:
  • Arcos-Vargas, Angel
  • Cansino, José M.
  • Román-Collado, Rocío

Abstract

The aim of this paper is to analyze the economic and environmental aspects of installing PV facilities for residential electricity users. This paper explores, in a conservative approach, the installation of a PV capacity to compensate the consumption with the production for each moment, never feeding electricity into the utility network and without storage.

Suggested Citation

  • Arcos-Vargas, Angel & Cansino, José M. & Román-Collado, Rocío, 2018. "Economic and environmental analysis of a residential PV system: A profitable contribution to the Paris agreement," Renewable and Sustainable Energy Reviews, Elsevier, vol. 94(C), pages 1024-1035.
    • Handle: RePEc:eee:rensus:v:94:y:2018:i:c:p:1024-1035
    DOI: 10.1016/j.rser.2018.06.023
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S136403211830457X
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.rser.2018.06.023?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Fthenakis, Vasilis, 2009. "Sustainability of photovoltaics: The case for thin-film solar cells," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(9), pages 2746-2750, December.
    2. Guezuraga, Begoña & Zauner, Rudolf & Pölz, Werner, 2012. "Life cycle assessment of two different 2 MW class wind turbines," Renewable Energy, Elsevier, vol. 37(1), pages 37-44.
    3. Tremeac, Brice & Meunier, Francis, 2009. "Life cycle analysis of 4.5Â MW and 250Â W wind turbines," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(8), pages 2104-2110, October.
    4. Raugei, Marco & Frankl, Paolo, 2009. "Life cycle impacts and costs of photovoltaic systems: Current state of the art and future outlooks," Energy, Elsevier, vol. 34(3), pages 392-399.
    5. Arnau González & Jordi-Roger Riba & Antoni Rius, 2015. "Optimal Sizing of a Hybrid Grid-Connected Photovoltaic–Wind–Biomass Power System," Sustainability, MDPI, vol. 7(9), pages 1-20, September.
    6. Peng, Jinqing & Lu, Lin & Yang, Hongxing, 2013. "Review on life cycle assessment of energy payback and greenhouse gas emission of solar photovoltaic systems," Renewable and Sustainable Energy Reviews, Elsevier, vol. 19(C), pages 255-274.
    7. González, Arnau & Riba, Jordi-Roger & Rius, Antoni & Puig, Rita, 2015. "Optimal sizing of a hybrid grid-connected photovoltaic and wind power system," Applied Energy, Elsevier, vol. 154(C), pages 752-762.
    8. Pehnt, Martin, 2006. "Dynamic life cycle assessment (LCA) of renewable energy technologies," Renewable Energy, Elsevier, vol. 31(1), pages 55-71.
    9. Munoz, L.A. Hurtado & Huijben, J.C.C.M. & Verhees, B. & Verbong, G.P.J., 2014. "The power of grid parity: A discursive approach," Technological Forecasting and Social Change, Elsevier, vol. 87(C), pages 179-190.
    10. Evans, Annette & Strezov, Vladimir & Evans, Tim J., 2009. "Assessment of sustainability indicators for renewable energy technologies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(5), pages 1082-1088, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Arsenio Barbón & Luis Bayón & Guzmán Díaz & Carlos A. Silva, 2022. "Investigation of the Effect of Albedo in Photovoltaic Systems for Urban Applications: Case Study for Spain," Energies, MDPI, vol. 15(21), pages 1-20, October.
    2. Alberto Cerezo-Narváez & María-José Bastante-Ceca & José-María Piñero-Vilela, 2021. "Economic and Environmental Assessment on Implementing Solar Renewable Energy Systems in Spanish Residential Homes," Energies, MDPI, vol. 14(14), pages 1-39, July.
    3. Fco. Javier Zarco-Soto & Pedro J. Zarco-Periñán & Jose L. Martínez-Ramos, 2021. "Centralized Control of Distribution Networks with High Penetration of Renewable Energies," Energies, MDPI, vol. 14(14), pages 1-13, July.
    4. 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.
    5. Arcos-Vargas, A. & Nuñez, F. & Román-Collado, R., 2020. "Short-term effects of PV integration on global welfare and CO2 emissions. An application to the Iberian electricity market," Energy, Elsevier, vol. 200(C).
    6. José M. Cansino & Roberto Moreno & Daniela Quintana & Rocio Roman-Collado, 2019. "Health and Heating in the City of Temuco (Chile). Monetary Savings of Replacing Biomass with PV System in the Residential Sector," Sustainability, MDPI, vol. 11(19), pages 1-22, September.
    7. Fina, Bernadette & Roberts, Mike B. & Auer, Hans & Bruce, Anna & MacGill, Iain, 2021. "Exogenous influences on deployment and profitability of photovoltaics for self-consumption in multi-apartment buildings in Australia and Austria," Applied Energy, Elsevier, vol. 283(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Asdrubali, Francesco & Baldinelli, Giorgio & D’Alessandro, Francesco & Scrucca, Flavio, 2015. "Life cycle assessment of electricity production from renewable energies: Review and results harmonization," Renewable and Sustainable Energy Reviews, Elsevier, vol. 42(C), pages 1113-1122.
    2. Nugent, Daniel & Sovacool, Benjamin K., 2014. "Assessing the lifecycle greenhouse gas emissions from solar PV and wind energy: A critical meta-survey," Energy Policy, Elsevier, vol. 65(C), pages 229-244.
    3. Campos-Guzmán, Verónica & García-Cáscales, M. Socorro & Espinosa, Nieves & Urbina, Antonio, 2019. "Life Cycle Analysis with Multi-Criteria Decision Making: A review of approaches for the sustainability evaluation of renewable energy technologies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 104(C), pages 343-366.
    4. Gerbinet, Saïcha & Belboom, Sandra & Léonard, Angélique, 2014. "Life Cycle Analysis (LCA) of photovoltaic panels: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 38(C), pages 747-753.
    5. Bonou, Alexandra & Laurent, Alexis & Olsen, Stig I., 2016. "Life cycle assessment of onshore and offshore wind energy-from theory to application," Applied Energy, Elsevier, vol. 180(C), pages 327-337.
    6. Turconi, Roberto & Boldrin, Alessio & Astrup, Thomas, 2013. "Life cycle assessment (LCA) of electricity generation technologies: Overview, comparability and limitations," Renewable and Sustainable Energy Reviews, Elsevier, vol. 28(C), pages 555-565.
    7. Lloyd, Bob & Forest, Andrew S., 2010. "The transition to renewables: Can PV provide an answer to the peak oil and climate change challenges?," Energy Policy, Elsevier, vol. 38(11), pages 7378-7394, November.
    8. Strantzali, Eleni & Aravossis, Konstantinos, 2016. "Decision making in renewable energy investments: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 55(C), pages 885-898.
    9. Riccardo Basosi & Roberto Bonciani & Dario Frosali & Giampaolo Manfrida & Maria Laura Parisi & Franco Sansone, 2020. "Life Cycle Analysis of a Geothermal Power Plant: Comparison of the Environmental Performance with Other Renewable Energy Systems," Sustainability, MDPI, vol. 12(7), pages 1-29, April.
    10. Muath Bani Salim & Dervis Emre Demirocak & Nael Barakat, 2018. "A Fuzzy Based Model for Standardized Sustainability Assessment of Photovoltaic Cells," Sustainability, MDPI, vol. 10(12), pages 1-15, December.
    11. Laleman, Ruben & Albrecht, Johan & Dewulf, Jo, 2011. "Life Cycle Analysis to estimate the environmental impact of residential photovoltaic systems in regions with a low solar irradiation," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(1), pages 267-281, January.
    12. Amor, Mourad Ben & Lesage, Pascal & Pineau, Pierre-Olivier & Samson, Réjean, 2010. "Can distributed generation offer substantial benefits in a Northeastern American context? A case study of small-scale renewable technologies using a life cycle methodology," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(9), pages 2885-2895, December.
    13. Magrassi, Fabio & Rocco, Elena & Barberis, Stefano & Gallo, Michela & Del Borghi, Adriana, 2019. "Hybrid solar power system versus photovoltaic plant: A comparative analysis through a life cycle approach," Renewable Energy, Elsevier, vol. 130(C), pages 290-304.
    14. Islam, M.R. & Mekhilef, S. & Saidur, R., 2013. "Progress and recent trends of wind energy technology," Renewable and Sustainable Energy Reviews, Elsevier, vol. 21(C), pages 456-468.
    15. Abolhosseini, Shahrouz & Heshmati, Almas & Altmann, Jörn, 2014. "A Review of Renewable Energy Supply and Energy Efficiency Technologies," IZA Discussion Papers 8145, Institute of Labor Economics (IZA).
    16. Bhatt, Ankit & Sharma, M.P. & Saini, R.P., 2016. "Feasibility and sensitivity analysis of an off-grid micro hydro–photovoltaic–biomass and biogas–diesel–battery hybrid energy system for a remote area in Uttarakhand state, India," Renewable and Sustainable Energy Reviews, Elsevier, vol. 61(C), pages 53-69.
    17. Rajbongshi, Rumi & Borgohain, Devashree & Mahapatra, Sadhan, 2017. "Optimization of PV-biomass-diesel and grid base hybrid energy systems for rural electrification by using HOMER," Energy, Elsevier, vol. 126(C), pages 461-474.
    18. Carnevale, E. & Lombardi, L. & Zanchi, L., 2014. "Life Cycle Assessment of solar energy systems: Comparison of photovoltaic and water thermal heater at domestic scale," Energy, Elsevier, vol. 77(C), pages 434-446.
    19. Ravikumar, Dwarakanath & Malghan, Deepak, 2013. "Material constraints for indigenous production of CdTe PV: Evidence from a Monte Carlo experiment using India's National Solar Mission Benchmarks," Renewable and Sustainable Energy Reviews, Elsevier, vol. 25(C), pages 393-403.
    20. Mostafa Shaaban & Jürgen Scheffran & Jürgen Böhner & Mohamed S. Elsobki, 2018. "Sustainability Assessment of Electricity Generation Technologies in Egypt Using Multi-Criteria Decision Analysis," Energies, MDPI, vol. 11(5), pages 1-25, May.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:rensus:v:94:y:2018:i:c:p:1024-1035. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.