DocumentCode
121793
Title
Profitability of PV electricity in Sweden
Author
Stridh, Bengt ; Yard, Stefan ; Larsson, Daniel ; Karlsson, Bjorn
Author_Institution
ABB Corp. Res., Malardalen Univ., Västeras, Sweden
fYear
2014
fDate
8-13 June 2014
Firstpage
1492
Lastpage
1497
Abstract
The Swedish PV market is still limited compared to many other countries in Europe. However, the growth is strong. 19 MW was installed in 2013 showing that the market more than doubled during 2013 in comparison to 2012. Hence there is of interest to more in detail study the profitability of PV electricity in Sweden for grid connected PV systems, to understand how competitive PV is on the Swedish market. LCOE and payback period are presented for a PV system that is installed to replace retail electricity with PV electricity. Both the cases of private residential systems and of non-private systems are considered.
Keywords
photovoltaic power systems; power generation economics; power grids; power markets; profitability; LCOE; PV electricity profitability; Swedish PV market; grid connected PV systems; nonprivate systems; payback period; power 19 MW; private residential systems; retail electricity; Companies; Degradation; Electricity; Investment; Production; Profitability; Radiation effects; LCOE; Sweden; payback; photovoltaics;
fLanguage
English
Publisher
ieee
Conference_Titel
Photovoltaic Specialist Conference (PVSC), 2014 IEEE 40th
Conference_Location
Denver, CO
Type
conf
DOI
10.1109/PVSC.2014.6925198
Filename
6925198
Link To Document