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HOW COMPETITIVE IS PHOTOVOLTAIC ELECTRICITY

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Over the last decade prices for residential grid-connected PV systems have decreased by 50 to 80% depeding on the local market conditions. Electricity production from residential photovoltaic solar systems has shown that it can be cheaper as residential electricity prices in a growing number of countries, depending on the actual electricity price and the local solar radiation level. The article shows how the financing costs for a PV system and the actual electricity price determine the economics of a unsubsidised PV system.
2013-09-27
Prologue Media Ltd
JRC83767
http://www.europeanenergyinnovation.eu/Portals/0/publications/EuropeanEnergyInnovation-Autumn2013.pdf,    https://publications.jrc.ec.europa.eu/repository/handle/JRC83767,   
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