Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.enpol.2019.110977 |
Power to the people: Evolutionary market pressures from residential PV battery investments in Australia | |
Say, Kelvin1; John, Michele1; Dargaville, Roger2 | |
2019-11-01 | |
发表期刊 | ENERGY POLICY |
ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2019 |
卷号 | 134 |
文章类型 | Article |
语种 | 英语 |
国家 | Australia |
英文摘要 | Falling costs of solar PV and battery technologies are continuously changing the customer relationship with their electricity network. By managing their own self-generation, customers are able to place natural selection pressure on utilities to evolve. The devised techno-economic simulation model projects residential PV and battery investment decisions over 20 years in Perth, Australia to quantify the potential market impacts from policy and customer investment conditions. Using real-world demand and insolation profiles from 261 households, this research evaluates how cumulative customer PV and battery investments changes the network and market operating conditions, while under the influence of various feed-in tariff values. The results indicate that high feed-in tariff policy costs in the short-term, make it economically challenging to prevent or restrain significant residential PV-battery adoption in the longer-term. Moreover, continuous increases in residential PV-battery system installations eventually lead to annual net-exports substantially exceeding net-imports on the distribution network. This significant shift in network operation provides an opportunity for policymakers to utilise behind-the-meter PV-battery investments and decentralised energy markets to meet wider renewable energy and decarbonisation goals. |
英文关键词 | Photovoltaics PV Battery storage Distributed energy resources Renewable energy transitions Techno-economic modelling |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000498307500011 |
WOS关键词 | FEED-IN TARIFFS ; NET-METERED PV ; PHOTOVOLTAIC SYSTEMS ; FINANCIAL IMPACTS ; STORAGE ; TRANSITION ; UTILITIES ; DIFFUSION ; ADOPTION ; DESIGN |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/224498 |
专题 | 环境与发展全球科技态势 |
作者单位 | 1.Curtin Univ, Sustainable Engn Grp, Kent St, Bentley, WA 6102, Australia; 2.Monash Univ, Wellington Rd, Clayton, Vic 3800, Australia |
推荐引用方式 GB/T 7714 | Say, Kelvin,John, Michele,Dargaville, Roger. Power to the people: Evolutionary market pressures from residential PV battery investments in Australia[J]. ENERGY POLICY,2019,134. |
APA | Say, Kelvin,John, Michele,&Dargaville, Roger.(2019).Power to the people: Evolutionary market pressures from residential PV battery investments in Australia.ENERGY POLICY,134. |
MLA | Say, Kelvin,et al."Power to the people: Evolutionary market pressures from residential PV battery investments in Australia".ENERGY POLICY 134(2019). |
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