Innovative regression-based methodology to assess the techno-economic performance of photovoltaic installations in urban areas. (October 2021)

• Record Type: Journal Article
• Authors: Fuster-Palop, Enrique; Prades-Gil, Carlos; Masip, X.; Viana-Fons, Joan D.; Payá, Jorge
• Is Part Of: Renewable & sustainable energy reviews. Volume 149(2021)
• Publication Date: 2021-10
• Subjects: Photovoltaics -- Self-consumption -- Techno-economical assessment -- Economic potential -- Simplified regression model -- Multi-storey residential buildings; Renewable energy sources -- Periodicals; Power resources -- Periodicals; Énergies renouvelables -- Périodiques; Ressources énergétiques -- Périodiques; 333.794
• DOI: 10.1016/j.rser.2021.111357
• Languages: English
• ISSNs: 1364-0321

Abstract

Abstract: Households present a significant contribution in the national energy consumption, and photovoltaics (PV) has become an economically feasible technology that can play an important role to lower this consumption and the associated emissions. Nevertheless, there is still a gap between too in-depth technical models for detailed studies and what urban energy planners need, which are simpler, yet reliable techno-economical tools to select which roofs of city buildings are the best candidates for PV production. In order to face this gap, a multiple linear regression (MLR) model has been developed to determine the economic payback using dimensionless parameters. The methodology has been adopted in the city of Valencia (Spain) for a large sample of multi-storey buildings, which are the most common typology. The approach has a high replicability since it can be applied for different countries. The MLR model provides a payback root mean squared error (RMSE) of 0.48 years in comparison with a complex techno-economic model which was previously developed and validated with the software System Advisor Model (SAM). The variables which have a bigger weight in the payback are the shadow losses and the power unit cost due to the economy of scale. With the current Spanish regulation, PV installations on multi-storey buildings can reach paybacks of around 7–15 years and the best option is to have large economies of scales together with a low energy surplus. Highlights: Analysis of the techno-economic performance of PV installations in urban areas. Novel regression-based methodology, replicable in other locations. Correlations obtained for 893 multi-storey buildings in Valencia. Model validated with a RMSE of 0.48 years in the prediction of the payback. Shadow losses and power unit cost have the biggest impact on economic feasibility.