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Article

Comparison of Profitability of PV Electricity Sharing in Renewable Energy Communities in Selected European Countries

Institute of Energy Systems and Electrical Drives, TU Wien, Gußhausstraße 25-29/E37003, 1040 Vienna, Austria
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Energies 2020, 13(19), 5007; https://doi.org/10.3390/en13195007
Received: 18 August 2020 / Revised: 14 September 2020 / Accepted: 21 September 2020 / Published: 23 September 2020
(This article belongs to the Special Issue Assessment of Photovoltaic-Battery Systems)
The economic value of photovoltaic (PV) systems depends on country-specific conditions. This study investigates the impact of grid fees, solar irradiance and local consumption on the profitability and penetration of PV systems and batteries in renewable energy communities. The linear optimization model calculates the optimal investments into PV and storages applied on a test community, which represents the European housing situation. The comparison of eight countries considers individual heat and cooling demands as well as sector coupling. Results show that renewable energy communities have the potential to reduce electricity costs due to community investments and load aggregation but do not necessarily lead to more distributed PV. Besides full-load hours, the energy component of electricity tariffs has the highest impact on PV distribution. Under current market conditions, battery energy storage systems are rarely profitable for increasing PV self-consumption but there is potential with power pricing. Renewable energy communities enable individuals to be a prosumer without the necessity of owning a PV system. This could lead to more (community) PV investments in the short term. Hence, it hinders investments in a saturated PV market. View Full-Text
Keywords: electric energy sharing; renewable energy communities; grid tariff; PV; distributed energy resources; battery energy storage; portfolio investment optimization; sector coupling electric energy sharing; renewable energy communities; grid tariff; PV; distributed energy resources; battery energy storage; portfolio investment optimization; sector coupling
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MDPI and ACS Style

Radl, J.; Fleischhacker, A.; Revheim, F.H.; Lettner, G.; Auer, H. Comparison of Profitability of PV Electricity Sharing in Renewable Energy Communities in Selected European Countries. Energies 2020, 13, 5007. https://doi.org/10.3390/en13195007

AMA Style

Radl J, Fleischhacker A, Revheim FH, Lettner G, Auer H. Comparison of Profitability of PV Electricity Sharing in Renewable Energy Communities in Selected European Countries. Energies. 2020; 13(19):5007. https://doi.org/10.3390/en13195007

Chicago/Turabian Style

Radl, Johannes, Andreas Fleischhacker, Frida Huglen Revheim, Georg Lettner, and Hans Auer. 2020. "Comparison of Profitability of PV Electricity Sharing in Renewable Energy Communities in Selected European Countries" Energies 13, no. 19: 5007. https://doi.org/10.3390/en13195007

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