EU PVSEC Programme Online
EU PVSEC 2019, 9 - 13 September 2019, Marseille
Presentation: 7EO.3.4 PV LCOE for Different Market Segments in Italy with and without Storage Systems
Type: Oral
Date: Friday, 13th September 2019
08:30 - 10:00
Location / Room: Marseille Chanot Convention and Exhibition Centre, 1st Floor / Auditorium 2 Callelongue Gardin
Author(s): E. Veronese, D. Moser, G. Manzolini
Presenter / Speaker: E. Veronese, Eurac Research, Bolzano, Italy
Event: Conference Conference
Session: 7EO.3 Economic and Market Analisys
Type(s) of Access:  Conference Registration
Topic: 7. 1 Costs, Economics, Finance and Markets
Keywords: Economic Analysis, Storage, Photovoltaic (PV), Grid Parity, Cost, LCOE
Summary / Abstract: The Levelized Cost of Electricity (LCOE) is a techno-economic parameter used to evaluate the cost of a kilowatt-hour of energy produced from a selected power plant. The initial investment, annual operation and maintenance costs, and annual energy production are some of the input data needed to determine the LCOE based on discounting methods. Many of the involved parameters are significantly time- and country-dependent. Moreover, the current diffusion of storage systems is modifying the methodology for the calculation of the LCOE to include costs and impacts of this additional component. This work is focused on the photovoltaic (PV) sector with the aim of updating the current state of the Italian PV market for different market segments (residential, commercial and utilityscale) and investigating the impacts of storage systems on profitability and grid parity achievement. Six different geographical locations are selected to represent the Italian irradiation and specific yield levels.