Photovoltaic energy generation in Brazil – Cost analysis using coal-fired power plants as comparison

Corrado Lacchini and João Carlos V. Dos Santos

Renewable Energy, 2013, vol. 52, issue C, 183-189

Abstract: We make a brief analysis of the evolution of photovoltaic systems, highlighting the present situation worldwide and in Brazil. We compare costs of energy generation associated to photovoltaic and to coal-fired power plants. Coal-fired generation represents the eligible choice for the Brazilian State of Rio Grande do Sul, where thermal plants may use locally extracted coal. The production cost of the energy generated with coal is evaluated taking in account the effect of the invisible cost represented by externalities that affect human health. The price evolution of Photovoltaic modules is presented, as well as trends on decreasing costs for new installations. We also calculate the production cost of the AC energy generated by three photovoltaic plants, with different power, derived from a model. The model is used to make sensitive analysis based on the adjustment of some factors that directly affect Brazilian costs such as: insolation, module's custom and transportation taxes, effect of economy of scale, cost of money. A cost comparison is made between the two technologies and some government incentives are proposed to narrow the existing financial gap.

Keywords: Photovoltaic system; Hidden costs; Externalities; Feed in Tariffs (search for similar items in EconPapers)
Date: 2013
References: View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0960148112006787
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:renene:v:52:y:2013:i:c:p:183-189

DOI: 10.1016/j.renene.2012.10.033

Access Statistics for this article

Renewable Energy is currently edited by Soteris A. Kalogirou and Paul Christodoulides

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