Analysis of PV Self-Consumption in Educational and Office Buildings in Spain

Ángel José Ordóñez Mendieta and Esteban Sánchez Hernández
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Ángel José Ordóñez Mendieta: Escuela Técnica Superior de Ingeniería Industrial, Universidad de Salamanca, B37700 Salamanca, Spain
Esteban Sánchez Hernández: Escuela Técnica Superior de Ingeniería Industrial, Universidad de Salamanca, B37700 Salamanca, Spain

Sustainability, 2021, vol. 13, issue 4, 1-16

Abstract: As grid parity is reached in many countries, photovoltaic self-consumption is raising great interest. Currently, there is a big number of new projects being developed in Spain thanks to the new regulation. From the experience of the monitoring of one full year of operation of a self-consumption PV plant in a university building, a regulatory, energy, and economic analysis is made for this type of building. It has been carried out by simulating the behavior of the building with installations within the range of PV powers allowed in the Spanish regulation. The analysis shows the good fitting between the new Royal Decree of Self-Consumption and the new Building Code. The economic analysis proves that the new simplified compensation method gives the best economic return for this use of the buildings when the PV production is matched with the consumption. The time of return of investment is between 8 and 9 years, and the levelized cost of electricity (LCOE) is into the range of the pool market price of electricity. These results show the profitability of PV self-consumption for this type of building.

Keywords: photovoltaics; self-consumption; net billing; LCOE; grid parity (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
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