How policies affect the cost-effectiveness of residential renewable energy in Iran: A techno-economic analysis for optimization

M. Eslami and P. Nahani

Utilities Policy, 2021, vol. 72, issue C

Abstract: This study investigates the effects of different policies on the feasibility of residential photovoltaic and wind turbine investment in different cities of Iran. Results show that the increase of feed-in tariff in 2019 is satisfactory in several cities. Other proposed investment incentives are also explored. Self-consumption analysis elucidates that wind turbine installation in Bushehr can be employed as off-grid systems. Granting a loan to domestic investors can also enhance net present value by 172 and 122 million-IRRs for photovoltaic and wind systems, respectively. A hybrid optimization is also introduced to manage the available land and budget efficiently.

Keywords: Energy policy; Feed-in tariff; Photovoltaics (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:juipol:v:72:y:2021:i:c:s0957178721000886

DOI: 10.1016/j.jup.2021.101254

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