How Market Transformation Policies Can Support Agrivoltaic Adoption
Lisa Bosman (),
József Kádár,
Brandon Yonnie and
Amy LeGrande
Additional contact information
Lisa Bosman: Technology Leadership & Innovation, Purdue Polytechnic Institute, Purdue University, West Lafayette, IN 47907, USA
József Kádár: Haifa Center for German and European Studies, University of Haifa, Abba Khoushy Ave 199, Haifa 3498838, Israel
Brandon Yonnie: Technology Leadership & Innovation, Purdue Polytechnic Institute, Purdue University, West Lafayette, IN 47907, USA
Amy LeGrande: Technology Leadership & Innovation, Purdue Polytechnic Institute, Purdue University, West Lafayette, IN 47907, USA
Sustainability, 2024, vol. 16, issue 24, 1-15
Abstract:
Agrivoltaics, combining agricultural production with a photovoltaics system, leverage the dual benefits of panel shading and electricity to optimize traditional farming methods. Agrivoltaics offer many advantages, including agricultural and environmental benefits (e.g., increased crop productivity, water conservation, and enhanced biodiversity), energy benefits (e.g., increased energy production and efficiency), and social benefits (e.g., improved food and energy security, diversification of income, and rural development). Although agrivoltaic approaches have been around for about forty years, little is known about the long-term benefits, potential compatibility with current agricultural practices, market uncertainty and economic viability, and overall benefits. This research provides a review of the literature with a particular focus on individual income generation opportunities: (1) solar energy generation, (2) electricity sales, (3) agricultural production, (4) agricultural sales, and (5) agrivoltaics installations. Each focus area has an associated critical review of government-sponsored market transformation policies aimed to increase agrivoltaics adoption. The paper concludes with a call to action for establishing a collaborative agenda toward prioritizing agrivoltaics research and adoption. Future research is needed to find innovative designs and practices that maximize agricultural productivity within APV systems. Two promising areas for research and innovation include (1) real-time performance monitoring and (2) peer-to-peer networks. Implementing real-time performance monitoring systems can provide valuable data on energy production, microclimate conditions, and crop growth within APV setups. Additionally, peer-to-peer trading platforms can allow farmers to sell surplus energy generated by their APV systems directly to local consumers, bypassing traditional energy utilities. This decentralized model could provide farmers with an additional revenue stream, while promoting the use of renewable energy within local communities, further incentivizing the adaptation of APVs.
Keywords: solar energy; agrivoltaics; agriculture; policy; dual land use; climate resilience (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
https://www.mdpi.com/2071-1050/16/24/11172/pdf (application/pdf)
https://www.mdpi.com/2071-1050/16/24/11172/ (text/html)
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:gam:jsusta:v:16:y:2024:i:24:p:11172-:d:1548105
Access Statistics for this article
Sustainability is currently edited by Ms. Alexandra Wu
More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().