IDEAS home Printed from https://ideas.repec.org/a/eee/renene/v108y2017icp169-178.html
   My bibliography  Save this article

An economic assessment of distributed solar PV generation in Sweden from a consumer perspective – The impact of demand response

Author

Listed:
  • Nyholm, Emil
  • Odenberger, Mikael
  • Johnsson, Filip

Abstract

We present an economic assessment of the impacts of Demand Response (DR) and pricing schemes on the conditions for distributed solar photovoltaics, with the focus on individual households. An optimization model has been developed that minimizes the electricity cost for individual households with the option of dispatching DR loads. DR of appliances and hydronic heating (electrical water heating for both space heating and hot water) are investigated, as well as the effects of applying a monthly, hourly or net metering pricing scheme for selling excess generated electricity and a tax reduction scheme for electricity sold to the grid.

Suggested Citation

  • Nyholm, Emil & Odenberger, Mikael & Johnsson, Filip, 2017. "An economic assessment of distributed solar PV generation in Sweden from a consumer perspective – The impact of demand response," Renewable Energy, Elsevier, vol. 108(C), pages 169-178.
    • Handle: RePEc:eee:renene:v:108:y:2017:i:c:p:169-178
    DOI: 10.1016/j.renene.2017.02.050
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0960148117301362
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.renene.2017.02.050?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.

    References listed on IDEAS

    as
    1. Burns, John Edward & Kang, Jin-Su, 2012. "Comparative economic analysis of supporting policies for residential solar PV in the United States: Solar Renewable Energy Credit (SREC) potential," Energy Policy, Elsevier, vol. 44(C), pages 217-225.
    2. Shen, Bo & Ghatikar, Girish & Lei, Zeng & Li, Jinkai & Wikler, Greg & Martin, Phil, 2014. "The role of regulatory reforms, market changes, and technology development to make demand response a viable resource in meeting energy challenges," Applied Energy, Elsevier, vol. 130(C), pages 814-823.
    3. Stern,Nicholas, 2007. "The Economics of Climate Change," Cambridge Books, Cambridge University Press, number 9780521700801, September.
    4. Mills, Andrew & Wiser, Ryan & Barbose, Galen & Golove, William, 2008. "The impact of retail rate structures on the economics of commercial photovoltaic systems in California," Energy Policy, Elsevier, vol. 36(9), pages 3266-3277, September.
    5. Dusonchet, Luigi & Telaretti, Enrico, 2010. "Economic analysis of different supporting policies for the production of electrical energy by solar photovoltaics in eastern European Union countries," Energy Policy, Elsevier, vol. 38(8), pages 4011-4020, August.
    6. Darghouth, Naïm R. & Barbose, Galen & Wiser, Ryan, 2011. "The impact of rate design and net metering on the bill savings from distributed PV for residential customers in California," Energy Policy, Elsevier, vol. 39(9), pages 5243-5253, September.
    7. Dusonchet, Luigi & Telaretti, Enrico, 2010. "Economic analysis of different supporting policies for the production of electrical energy by solar photovoltaics in western European Union countries," Energy Policy, Elsevier, vol. 38(7), pages 3297-3308, July.
    Full references (including those not matched with items on IDEAS)

    Citations

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


    Cited by:

    1. Hartvigsson, Elias & Odenberger, Mikael & Chen, Peiyuan & Nyholm, Emil, 2021. "Estimating national and local low-voltage grid capacity for residential solar photovoltaic in Sweden, UK and Germany," Renewable Energy, Elsevier, vol. 171(C), pages 915-926.
    2. Marek Angowski & Tomasz Kijek & Marcin Lipowski & Ilona Bondos, 2021. "Factors Affecting the Adoption of Photovoltaic Systems in Rural Areas of Poland," Energies, MDPI, vol. 14(17), pages 1-14, August.
    3. Puranen, Pietari & Kosonen, Antti & Ahola, Jero, 2021. "Techno-economic viability of energy storage concepts combined with a residential solar photovoltaic system: A case study from Finland," Applied Energy, Elsevier, vol. 298(C).
    4. Zhang, Yang & Campana, Pietro Elia & Yang, Ying & Stridh, Bengt & Lundblad, Anders & Yan, Jinyue, 2018. "Energy flexibility from the consumer: Integrating local electricity and heat supplies in a building," Applied Energy, Elsevier, vol. 223(C), pages 430-442.
    5. Zambrano, Andres Felipe & Giraldo, Luis Felipe, 2020. "Solar irradiance forecasting models without on-site training measurements," Renewable Energy, Elsevier, vol. 152(C), pages 557-566.
    6. Rômulo de Oliveira Azevêdo & Paulo Rotela Junior & Luiz Célio Souza Rocha & Gianfranco Chicco & Giancarlo Aquila & Rogério Santana Peruchi, 2020. "Identification and Analysis of Impact Factors on the Economic Feasibility of Photovoltaic Energy Investments," Sustainability, MDPI, vol. 12(17), pages 1-40, September.
    7. Juha Koskela & Pertti Järventausta, 2023. "Demand Response with Electrical Heating in Detached Houses in Finland and Comparison with BESS for Increasing PV Self-Consumption," Energies, MDPI, vol. 16(1), pages 1-25, January.
    8. Collier, Samuel H.C. & House, Jo I. & Connor, Peter M. & Harris, Richard, 2023. "Distributed local energy: Assessing the determinants of domestic-scale solar photovoltaic uptake at the local level across England and Wales," Renewable and Sustainable Energy Reviews, Elsevier, vol. 171(C).
    9. Kocaman, Ayse Selin & Ozyoruk, Emin & Taneja, Shantanu & Modi, Vijay, 2020. "A stochastic framework to evaluate the impact of agricultural load flexibility on the sizing of renewable energy systems," Renewable Energy, Elsevier, vol. 152(C), pages 1067-1078.
    10. Viana, Matheus Sabino & Manassero, Giovanni & Udaeta, Miguel E.M., 2018. "Analysis of demand response and photovoltaic distributed generation as resources for power utility planning," Applied Energy, Elsevier, vol. 217(C), pages 456-466.
    11. Lu, Qing & Yu, Hao & Zhao, Kangli & Leng, Yajun & Hou, Jianchao & Xie, Pinjie, 2019. "Residential demand response considering distributed PV consumption: A model based on China's PV policy," Energy, Elsevier, vol. 172(C), pages 443-456.
    12. Kody T. Ponds & Ali Arefi & Ali Sayigh & Gerard Ledwich, 2018. "Aggregator of Demand Response for Renewable Integration and Customer Engagement: Strengths, Weaknesses, Opportunities, and Threats," Energies, MDPI, vol. 11(9), pages 1-20, September.
    13. Apostolos Tranoulidis & Rafaella-Eleni P. Sotiropoulou & Kostas Bithas & Efthimios Tagaris, 2022. "Decarbonization and Transition to the Post-Lignite Era: Analysis for a Sustainable Transition in the Region of Western Macedonia," Sustainability, MDPI, vol. 14(16), pages 1-16, August.
    14. O'Shaughnessy, Eric & Cutler, Dylan & Ardani, Kristen & Margolis, Robert, 2018. "Solar plus: A review of the end-user economics of solar PV integration with storage and load control in residential buildings," Applied Energy, Elsevier, vol. 228(C), pages 2165-2175.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Dusonchet, L. & Telaretti, E., 2015. "Comparative economic analysis of support policies for solar PV in the most representative EU countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 42(C), pages 986-998.
    2. Rutovitz, Jay & Oliva H., Sebastian & McIntosh, Lawrence & Langham, Ed & Teske, Sven & Atherton, Alison & Kelly, Scott, 2018. "Local network credits and local electricity trading: Results of virtual trials and the policy implications," Energy Policy, Elsevier, vol. 120(C), pages 324-334.
    3. Oliva H., Sebastian, 2017. "Residential energy efficiency and distributed generation - Natural partners or competition?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 76(C), pages 932-940.
    4. Orioli, Aldo & Di Gangi, Alessandra, 2015. "The recent change in the Italian policies for photovoltaics: Effects on the payback period and levelized cost of electricity of grid-connected photovoltaic systems installed in urban contexts," Energy, Elsevier, vol. 93(P2), pages 1989-2005.
    5. Sivaraman, Deepak & Horne, Ralph E., 2011. "Regulatory potential for increasing small scale grid connected photovoltaic (PV) deployment in Australia," Energy Policy, Elsevier, vol. 39(2), pages 586-595, February.
    6. Sommerfeldt, Nelson & Madani, Hatef, 2017. "Revisiting the techno-economic analysis process for building-mounted, grid-connected solar photovoltaic systems: Part one – Review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 74(C), pages 1379-1393.
    7. Aldo Orioli & Vincenzo Franzitta & Alessandra Di Gangi & Ferdinando Foresta, 2016. "The Recent Change in the Italian Policies for Photovoltaics: Effects on the Energy Demand Coverage of Grid-Connected PV Systems Installed in Urban Contexts," Energies, MDPI, vol. 9(11), pages 1-31, November.
    8. Oliver O. Apeh & Edson L. Meyer & Ochuko K. Overen, 2022. "Contributions of Solar Photovoltaic Systems to Environmental and Socioeconomic Aspects of National Development—A Review," Energies, MDPI, vol. 15(16), pages 1-28, August.
    9. Paudel, Ananda Mani & Sarper, Hűseyin, 2013. "Economic analysis of a grid-connected commercial photovoltaic system at Colorado State University-Pueblo," Energy, Elsevier, vol. 52(C), pages 289-296.
    10. Oliva H., Sebastian & MacGill, Iain & Passey, Rob, 2016. "Assessing the short-term revenue impacts of residential PV systems on electricity customers, retailers and network service providers," Renewable and Sustainable Energy Reviews, Elsevier, vol. 54(C), pages 1494-1505.
    11. Jan K. Kazak & Joanna A. Kamińska & Rafał Madej & Marta Bochenkiewicz, 2020. "Where Renewable Energy Sources Funds are Invested? Spatial Analysis of Energy Production Potential and Public Support," Energies, MDPI, vol. 13(21), pages 1-26, October.
    12. Antonelli, Marco & Desideri, Umberto, 2014. "The doping effect of Italian feed-in tariffs on the PV market," Energy Policy, Elsevier, vol. 67(C), pages 583-594.
    13. Jordehi, A. Rezaee, 2016. "Parameter estimation of solar photovoltaic (PV) cells: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 61(C), pages 354-371.
    14. Belqasem Aljafari & Siva Rama Krishna Madeti & Priya Ranjan Satpathy & Sudhakar Babu Thanikanti & Bamidele Victor Ayodele, 2022. "Automatic Monitoring System for Online Module-Level Fault Detection in Grid-Tied Photovoltaic Plants," Energies, MDPI, vol. 15(20), pages 1-28, October.
    15. Marcin Bukowski & Janusz Majewski & Agnieszka Sobolewska, 2020. "Macroeconomic Electric Energy Production Efficiency of Photovoltaic Panels in Single-Family Homes in Poland," Energies, MDPI, vol. 14(1), pages 1-21, December.
    16. Jan Prusa & Andrea Klimesova & Karel Janda, 2013. "Consumer Loss in Czech Photovoltaic Power Plants," CAMA Working Papers 2013-50, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    17. Sarasa-Maestro, Carlos J. & Dufo-López, Rodolfo & Bernal-Agustín, José L., 2013. "Photovoltaic remuneration policies in the European Union," Energy Policy, Elsevier, vol. 55(C), pages 317-328.
    18. De Groote, Olivier & Gautier, Axel & Verboven, Frank, 2024. "The political economy of financing climate policy — Evidence from the solar PV subsidy programs," Resource and Energy Economics, Elsevier, vol. 77(C).
    19. Telaretti, E. & Dusonchet, L., 2017. "Stationary battery technologies in the U.S.: Development Trends and prospects," Renewable and Sustainable Energy Reviews, Elsevier, vol. 75(C), pages 380-392.
    20. Kristoffer Palage & Robert Lundmark & Patrik Söderholm, 2019. "The innovation effects of renewable energy policies and their interaction: the case of solar photovoltaics," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 21(2), pages 217-254, April.

    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:renene:v:108:y:2017:i:c:p:169-178. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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.journals.elsevier.com/renewable-energy .

    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.