Penetration of Photovoltaics in Greece
Recently, an interesting experiment was completed in Greece concerning photovoltaic penetration into the electricity production sector. Based on the relevant laws and in accordance to the related European directives, an explosive penetration process was completed in less than three years, resulting...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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MDPI AG
2015-06-01
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| Series: | Energies |
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| Online Access: | http://www.mdpi.com/1996-1073/8/7/6497 |
| _version_ | 1811187151616868352 |
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| author | Eugenia Giannini Antonia Moropoulou Zacharias Maroulis Glykeria Siouti |
| author_facet | Eugenia Giannini Antonia Moropoulou Zacharias Maroulis Glykeria Siouti |
| author_sort | Eugenia Giannini |
| collection | DOAJ |
| description | Recently, an interesting experiment was completed in Greece concerning photovoltaic penetration into the electricity production sector. Based on the relevant laws and in accordance to the related European directives, an explosive penetration process was completed in less than three years, resulting in a 7% share of photovoltaics in electricity production instead of the previous negligible share. The legislation was based on licensing simplification and generous feed-in-tariffs. This approach transformed photovoltaic technology from a prohibitively expensive to a competitive one. This work aims to summarize the relevant legislation and illustrate its effect on the resulting penetration. A sigmoid-shape penetration was observed which was explained by a pulse-type driving force. The return on investment indicator was proposed as an appropriate driving force, which incorporates feed-in-tariffs and turnkey-cost. Furthermore, the resulting surcharge on the electricity price due to photovoltaic penetration was also analyzed. |
| first_indexed | 2024-04-11T13:57:22Z |
| format | Article |
| id | doaj.art-c159159f56534718baeec7e62e87781e |
| institution | Directory Open Access Journal |
| issn | 1996-1073 |
| language | English |
| last_indexed | 2024-04-11T13:57:22Z |
| publishDate | 2015-06-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Energies |
| spelling | doaj.art-c159159f56534718baeec7e62e87781e2022-12-22T04:20:13ZengMDPI AGEnergies1996-10732015-06-01876497650810.3390/en8076497en8076497Penetration of Photovoltaics in GreeceEugenia Giannini0Antonia Moropoulou1Zacharias Maroulis2Glykeria Siouti3Department of Chemical Engineering, National Technical University of Athens, 15780 Athens, GreeceDepartment of Chemical Engineering, National Technical University of Athens, 15780 Athens, GreeceDepartment of Chemical Engineering, National Technical University of Athens, 15780 Athens, GreeceDepartment of Law, National and Kapodistrian University of Athens, 10672 Athens, GreeceRecently, an interesting experiment was completed in Greece concerning photovoltaic penetration into the electricity production sector. Based on the relevant laws and in accordance to the related European directives, an explosive penetration process was completed in less than three years, resulting in a 7% share of photovoltaics in electricity production instead of the previous negligible share. The legislation was based on licensing simplification and generous feed-in-tariffs. This approach transformed photovoltaic technology from a prohibitively expensive to a competitive one. This work aims to summarize the relevant legislation and illustrate its effect on the resulting penetration. A sigmoid-shape penetration was observed which was explained by a pulse-type driving force. The return on investment indicator was proposed as an appropriate driving force, which incorporates feed-in-tariffs and turnkey-cost. Furthermore, the resulting surcharge on the electricity price due to photovoltaic penetration was also analyzed.http://www.mdpi.com/1996-1073/8/7/6497feed in tariffreturn on investmentturnkey costrenewable energy sources |
| spellingShingle | Eugenia Giannini Antonia Moropoulou Zacharias Maroulis Glykeria Siouti Penetration of Photovoltaics in Greece Energies feed in tariff return on investment turnkey cost renewable energy sources |
| title | Penetration of Photovoltaics in Greece |
| title_full | Penetration of Photovoltaics in Greece |
| title_fullStr | Penetration of Photovoltaics in Greece |
| title_full_unstemmed | Penetration of Photovoltaics in Greece |
| title_short | Penetration of Photovoltaics in Greece |
| title_sort | penetration of photovoltaics in greece |
| topic | feed in tariff return on investment turnkey cost renewable energy sources |
| url | http://www.mdpi.com/1996-1073/8/7/6497 |
| work_keys_str_mv | AT eugeniagiannini penetrationofphotovoltaicsingreece AT antoniamoropoulou penetrationofphotovoltaicsingreece AT zachariasmaroulis penetrationofphotovoltaicsingreece AT glykeriasiouti penetrationofphotovoltaicsingreece |