Levelised cost of electricity in high concentrated photovoltaic grid connected systems: Spatial analysis of Spain

D.L. Talavera, P. Pérez-Higueras, J.A. Ruíz-Arias and E.F. Fernández

Applied Energy, 2015, vol. 151, issue C, 49-59

Abstract: Costs for High Concentrator Photovoltaic (HCPV) power plants dropped dramatically during 2013 and are expected to continue to fall in the next few years. Moreover, when viewed from the perspective of life cycle cost, HCPV becomes even more competitive than other renewable technologies in some geographical areas. Consequently, an analysis of the economic feasibility of the HCPV systems in future scenarios is necessary for comparison with other electricity generation technologies. One of the methods commonly used for the economic feasibility analysis in electricity generation projects is the levelised cost of electricity (LCOE). In this paper a cost analysis of electricity generation of HCPV technology in Spain by using the LCOE has been carried out. The results obtained in this LCOE analysis show that in 2020 the LCOE will be able to reach values for HCPV systems from 0.035 to 0.080€/kWh, lower than LCOE for conventional PV systems, in some geographical areas of Spain. The results obtained in this analysis have been shown in innovative maps.

Keywords: Levelised cost of electricity; High Concentrator Photovoltaic; Spatial analysis (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (39)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0306261915005358
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:appene:v:151:y:2015:i:c:p:49-59

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/bibliographic
http://www.elsevier. ... 405891/bibliographic

DOI: 10.1016/j.apenergy.2015.04.072

Access Statistics for this article

Applied Energy is currently edited by J. Yan

More articles in Applied Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().