Net-Metering Compared to Battery-Based Electricity Storage in a Single-Case PV Application Study Considering the Lithuanian Context
Joanna Aleksiejuk-Gawron,
Saulė Milčiuvienė,
Julija Kiršienė,
Enrique Doheijo,
Diego Garzon,
Rolandas Urbonas and
Darius Milčius
Additional contact information
Joanna Aleksiejuk-Gawron: Department of Fundamentals in Engineering and Energy, Institute of Mechanical Engineering, Warsaw University of Life Sciences, 02-787 Warsaw, Poland
Saulė Milčiuvienė: Law Faculty, Vytautas Magnus University, LT-44248 Kaunas, Lithuania
Julija Kiršienė: Law Faculty, Vytautas Magnus University, LT-44248 Kaunas, Lithuania
Enrique Doheijo: Deloitte, 28020 Madrid, Spain
Diego Garzon: Deloitte, 28020 Madrid, Spain
Rolandas Urbonas: Lithuanian Energy Institute, LT-44403 Kaunas, Lithuania
Darius Milčius: Lithuanian Energy Institute, LT-44403 Kaunas, Lithuania
Energies, 2020, vol. 13, issue 9, 1-17
Abstract:
Further increases in the number of photovoltaic installations in industry and residential buildings will require technologically and economically flexible energy storage solutions. Some countries utilize net-metering strategies, which use national networks as “virtual batteries.” Despite the financial attractiveness, net-metering faces many technological and economical challenges. It could also lead to the negative tendencies in prosumer behavior, such as a decrease in motivation for the self-consumption of photovoltaic (PV)-generated electricity. Batteries, which are installed on the prosumer’s premises, could be a solution in a particular case. However, the price for battery-based storage solutions is currently sufficiently unattractive for the average prosumer. This paper aimed to present a comparison of the economic and energy related aspects between net-metering and batteries for a single case study by considering the Lithuanian context. The net present value, degree of self-sufficiency, internal rate of return, payback time, and quantified reduction of carbon emission were calculated using a specially developed Prosumer solution simulation tool (Version 1.1, Delloite, Madrid, Spain) for both the PV and net-metering and PV and batteries cases. The received results highlight that the battery-based energy storage systems are currently not an attractive alternative in terms of price where net-metering is available; a rather radical decrease in the installation price for batteries is required.
Keywords: photovoltaics; net-metering; batteries (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:13:y:2020:i:9:p:2286-:d:354259
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