Valuing investments in domestic PV-Battery Systems under uncertainty

Francesca Andreolli, D’Alpaos, Chiara and Michele Moretto

Energy Economics, 2022, vol. 106, issue C

Abstract: Renewable energy technologies are expected to play a major role in mitigating climate change and resource depletion effects as well as in contributing to domestic energy security. Due to the intermittent nature of solar photovoltaic (PV), there are often significant gaps between energy consumption and energy supply by PV plants. This makes storage systems a potential option to maximize savings and accrue managerial flexibility by increasing the share of self-consumed energy while guaranteeing adequate power levels in distribution grids.

Keywords: PV plants; Energy storage; Real options; Stochastic optimization; Households (search for similar items in EconPapers)
JEL-codes: C61 D81 G31 Q20 Q41 Q42 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:106:y:2022:i:c:s0140988321005703

DOI: 10.1016/j.eneco.2021.105721

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