Economic Analysis and Modelling of Rooftop Photovoltaic Systems in Spain for Industrial Self-Consumption
This article has been developed to assess the economic feasibility of a rooftop photovoltaic installation of industrial self-consumption. Numerical models that enable an interested person to obtain the main expected parameters will be generated, with those models being the article’s main contributio...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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MDPI AG
2021-11-01
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| Series: | Energies |
| Subjects: | |
| Online Access: | https://www.mdpi.com/1996-1073/14/21/7307 |
| _version_ | 1797410923961384960 |
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| author | Álvaro Rodríguez-Martinez Carlos Rodríguez-Monroy |
| author_facet | Álvaro Rodríguez-Martinez Carlos Rodríguez-Monroy |
| author_sort | Álvaro Rodríguez-Martinez |
| collection | DOAJ |
| description | This article has been developed to assess the economic feasibility of a rooftop photovoltaic installation of industrial self-consumption. Numerical models that enable an interested person to obtain the main expected parameters will be generated, with those models being the article’s main contribution to the field. To do this, a calculation methodology will be developed through which the reader, knowing the location of the facility and dimensions of the roof, will be able to calculate the maximum installable power, the main parameters related to production, the cost of the installation, and the LCOE of the plant. The use of actual costs will be facilitated in case they are known. Still, it will remain possible to apply the major equipment costs (modules, inverter, and structure) considered throughout the article. This developed calculation methodology will also allow a quick comparison of the forecasts of production, CAPEX, and LCOE of plants designed with different inclinations and different types of modules. Consequently, it will be especially useful in decision-making before developing the plant’s basic engineering. Moreover, the calculations used for modeling the LCOE will be analyzed in depth. This analysis will allow evaluating how the different technical variables affect the profitability of a photovoltaic installation, such as the selected tilt, the location, the module’s technology, or the available area. |
| first_indexed | 2024-03-09T04:37:28Z |
| format | Article |
| id | doaj.art-e3329c0e045f4815aed6bb92a2337546 |
| institution | Directory Open Access Journal |
| issn | 1996-1073 |
| language | English |
| last_indexed | 2024-03-09T04:37:28Z |
| publishDate | 2021-11-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Energies |
| spelling | doaj.art-e3329c0e045f4815aed6bb92a23375462023-12-03T13:26:07ZengMDPI AGEnergies1996-10732021-11-011421730710.3390/en14217307Economic Analysis and Modelling of Rooftop Photovoltaic Systems in Spain for Industrial Self-ConsumptionÁlvaro Rodríguez-Martinez0Carlos Rodríguez-Monroy1Department of Industrial Organization, Business Administration and Statistics, E.T.S. Ingenieros Industriales, Universidad Politécnica de Madrid (UPM), Calle José Gutiérrez Abascal 2, 28006 Madrid, SpainDepartment of Industrial Organization, Business Administration and Statistics, E.T.S. Ingenieros Industriales, Universidad Politécnica de Madrid (UPM), Calle José Gutiérrez Abascal 2, 28006 Madrid, SpainThis article has been developed to assess the economic feasibility of a rooftop photovoltaic installation of industrial self-consumption. Numerical models that enable an interested person to obtain the main expected parameters will be generated, with those models being the article’s main contribution to the field. To do this, a calculation methodology will be developed through which the reader, knowing the location of the facility and dimensions of the roof, will be able to calculate the maximum installable power, the main parameters related to production, the cost of the installation, and the LCOE of the plant. The use of actual costs will be facilitated in case they are known. Still, it will remain possible to apply the major equipment costs (modules, inverter, and structure) considered throughout the article. This developed calculation methodology will also allow a quick comparison of the forecasts of production, CAPEX, and LCOE of plants designed with different inclinations and different types of modules. Consequently, it will be especially useful in decision-making before developing the plant’s basic engineering. Moreover, the calculations used for modeling the LCOE will be analyzed in depth. This analysis will allow evaluating how the different technical variables affect the profitability of a photovoltaic installation, such as the selected tilt, the location, the module’s technology, or the available area.https://www.mdpi.com/1996-1073/14/21/7307sustainabilitysolar energyphotovoltaic energyrenewable energyself-consumptionrooftop photovoltaic |
| spellingShingle | Álvaro Rodríguez-Martinez Carlos Rodríguez-Monroy Economic Analysis and Modelling of Rooftop Photovoltaic Systems in Spain for Industrial Self-Consumption Energies sustainability solar energy photovoltaic energy renewable energy self-consumption rooftop photovoltaic |
| title | Economic Analysis and Modelling of Rooftop Photovoltaic Systems in Spain for Industrial Self-Consumption |
| title_full | Economic Analysis and Modelling of Rooftop Photovoltaic Systems in Spain for Industrial Self-Consumption |
| title_fullStr | Economic Analysis and Modelling of Rooftop Photovoltaic Systems in Spain for Industrial Self-Consumption |
| title_full_unstemmed | Economic Analysis and Modelling of Rooftop Photovoltaic Systems in Spain for Industrial Self-Consumption |
| title_short | Economic Analysis and Modelling of Rooftop Photovoltaic Systems in Spain for Industrial Self-Consumption |
| title_sort | economic analysis and modelling of rooftop photovoltaic systems in spain for industrial self consumption |
| topic | sustainability solar energy photovoltaic energy renewable energy self-consumption rooftop photovoltaic |
| url | https://www.mdpi.com/1996-1073/14/21/7307 |
| work_keys_str_mv | AT alvarorodriguezmartinez economicanalysisandmodellingofrooftopphotovoltaicsystemsinspainforindustrialselfconsumption AT carlosrodriguezmonroy economicanalysisandmodellingofrooftopphotovoltaicsystemsinspainforindustrialselfconsumption |