Innovation Solution in Photovoltaic Sector

Filip Czepło () and Piotr F. Borowski ()
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Filip Czepło: Polish Photovoltaic Instalation, 5 Politechniczna Str., 05-110 Jabłonna, Poland
Piotr F. Borowski: Faculty of Business and International Relations, Vistula University, 3 Stokłosy Str., 02-787 Warsaw, Poland

Energies, 2024, vol. 17, issue 1, 1-19

Abstract: The modern world is moving towards a zero-emission economy; therefore, various actions are being taken to reduce the share of fossil fuels in energy production. The article examines the potential for the continued expansion of photovoltaic farms, with a special emphasis on farms utilising east–west panel orientation. The east–west orientation is an innovative solution with many advantages over the traditional north–south arrangement. The paper also makes a detailed assessment of the photovoltaic farm environment by applying two analyses based on the following factors: Political, Economic, Social, and Technological (PEST) and Demographic, Economic, Environmental, Political, Legal, Informational, Social, and Technological (DEEPLIST) factors. This is followed by an insightful, comprehensive review of the most important factors that contribute to the efficiency of photovoltaic installations, namely site conditions, existing infrastructure, and ability to connect to the electricity grid. The paper also devotes space to an analysis of daily energy price changes that affect the economic efficiency of the installation and discusses the potential for energy storage in the context of photovoltaic farms. The development of photovoltaics also requires investing in energy storage. All discussed issues fall within the scope of photovoltaic farm development and optimal use of energy resources.

Keywords: photovoltaic farm; DEEPLIST; energy storage; renewable energy (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: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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