IDEAS home Printed from https://ideas.repec.org/a/eee/enepol/v178y2023ics0301421523001702.html
   My bibliography  Save this article

Solar business prosumers in Ukraine: Should we wait for them to appear?

Author

Listed:
  • Sotnyk, Iryna
  • Kurbatova, Tetiana
  • Blumberga, Andra
  • Kubatko, Oleksandr
  • Prokopenko, Olha

Abstract

The prosumerism involving self-consuming green energy generated by small power producers significantly contributes to energy transition and sustainable development. Its practical implementation requires creating strong incentives for businesses and households. In Ukraine's example, this study covers a gap in substantiating business solar prosumerism in a transition economy. We used statistical and comparative analyses to assess the necessary legal and organizational conditions for developing the solar power sector and confirmed its positive outcomes. We applied investment analysis to substantiate the economic feasibility of converting industrial green energy producers to prosumers. The net present value, profitability index, and discounted payback period of constructing industrial photovoltaic solar power plants with 100, 300, 500, and 700-kW capacity were evaluated. Three options for the ratio “green electricity self-consumed/sold at a feed-in tariff” were chosen: 1) 20/80; 2) 50/50; 3) 100/0. We found that pure self-consumption was the most profitable and boosted creating the business solar prosumer class. Using multifactor and comparative analyses, we identified the prospective post-war factors of prosumerism, including electricity prices, green energy sales taxation, investment incentives, etc. The policy recommendations of the study contain the business feed-in tariff cancellation, investment support for deploying energy storage systems and prosumer microgrids.

Suggested Citation

  • Sotnyk, Iryna & Kurbatova, Tetiana & Blumberga, Andra & Kubatko, Oleksandr & Prokopenko, Olha, 2023. "Solar business prosumers in Ukraine: Should we wait for them to appear?," Energy Policy, Elsevier, vol. 178(C).
    • Handle: RePEc:eee:enepol:v:178:y:2023:i:c:s0301421523001702
    DOI: 10.1016/j.enpol.2023.113585
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301421523001702
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.enpol.2023.113585?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.

    Citations

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


    Cited by:

    1. Man Zhou & Uliana Pysmenna & Oleksandra Kubatko & Volodymyr Voloshchuk & Iryna Sotnyk & Galyna Trypolska, 2023. "Support for Household Prosumers in the Early Stages of Power Market Decentralization in Ukraine," Energies, MDPI, vol. 16(17), pages 1-15, September.
    2. Izabela Jonek-Kowalska & Wieslaw Grebski, 2024. "Autarky and the Promotion of Photovoltaics for Sustainable Energy Development: Prosumer Attitudes and Choices," Energies, MDPI, vol. 17(16), pages 1-27, August.
    3. Izabela Jonek-Kowalska, 2023. "Motives for the Use of Photovoltaic Installations in Poland against the Background of the Share of Solar Energy in the Structure of Energy Resources in the Developing Economies of Central and Eastern ," Resources, MDPI, vol. 12(8), pages 1-25, July.
    4. Tetiana Kurbatova & Iryna Sotnyk & Olha Prokopenko & Iryna Bashynska & Uliana Pysmenna, 2023. "Improving the Feed-in Tariff Policy for Renewable Energy Promotion in Ukraine’s Households," Energies, MDPI, vol. 16(19), pages 1-18, September.

    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:enepol:v:178:y:2023:i:c:s0301421523001702. 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.

    We have no bibliographic references for this item. You can help adding them by using 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/locate/enpol .

    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.