PV-net Metering: The promotion of PV energy through net metering optimisation

Transcription

1 The MED Programme, committed to a decarbonized Mediterranean: Innovation for Renewable Energy Energy Efficiency solutions in Mediterranean regions cities. An overview of achieved results Bruxelles, 18th June 2015 PV-net Metering: The promotion of PV energy through net metering optimisation Dr Venizelos Efthymiou Chairman of FOSS Research Centre for Sustainable Energy Role in the project: External Expert

2 The partners of the PV-NET project MAIN THEME: PARTNERSHIP: TARGET GROUP(S): OBJECTIVE:

3 THE PROJECT STORY Promotion of PV energy in the MED region through the optimization of the net-metering policy In the beginning of the project only Cyprus had a net-metering policy Now Portugal Greece have introduced net-metering (domestic industrial consumers) The Levelised Cost of Electricity from PV sytems in the (majority) of MED countries is lower compared to the grid-electricity price Grid Parity is in Place no costly FiT schemes are needed for the promotion of PV energy NEED : For optimal policies to promote the PV energy creating a WIN-WIN situation for all involved stakeholders An optimisation tool for Net-metering policies has been created taking into account the charasteristics of each country

4 ACHIEVED RESULTS Results: Breakdown of the Retail electricity prices

5 ACHIEVED RESULTS Results: Grid Parity Assessment LCOE Range Grid Electricity Price PV Price Retail Price Grid Parity

6 ACHIEVED RESULTS Results: Net-metering optimization tool Select Location using maps or coordinates. Solar resource is taken from the PVGIS database Select various details regarding PV system (slope, azimuth, losses, degradation, size (single value or parametric analysis) Set the consumption behaviour of the consumer (selection between 4-, 2 1- month consumption)

7 ACHIEVED RESULTS Results: Net-metering optimization tool Set the electricity cost (retail electricity prices broken down to 5 categories). For novice users default values are available Select type of netting (full/partial netting, excess transfer or not etc) Set financial parameters: initial investment ( ), discount inflation rates (%), insurance O&M costs (%) & electricity price inflation rate (%)

8 ACHIEVED RESULTS Results: Net-metering optimization tool Parametric results in table view Graphical representation Net present value Internal rate of return Discounted payback period

9 Enriching policy Facilitating decision process Promotion of PV energy in the MED region through the optimization of the netmetering policy for active participation of prosumers in the electricity market, Clarity on the components of retail tariffs with the hidden sur charges of governments for promoting cost reflective policies for RES in mature markets, Built methodology for identifying market mature technologies for RES promotion, PVNET web tool for the investor / prosumer for choosing the system to be implemented for optimal results, An extension of the web tool for the professionals for designing defining variations in policies inspecting the financial energy results of the use of a PV system, e.g. operating either as traditionally feeding-to grid or under selfconsumption or even with net-metering. Establishment of MedTP4SG:

10 Thank you for your kind attention! Dr. Venizelos Efthymiou Chairman of FOSS - University of Cyprus Role in the project: External Expert vefthymiou@hotmail.com Website of the project: