Grid Parity Analysis of PV Markets

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Abstract:

In the following paper, the grid parity is defined as the point of which the retail price of electricity is at least the same as the cost of generation (which is a mix of different generation sources: nuclear, natural gas, coal, petroleum, hydro, wind, photovoltaic, and more). This cost is levelized though a studied formula which considers various cost parameters. The grid parity depends on the photovoltaic (PV) system cost, the interest rate, and the retail cost of the electricity, so there are some variables that when combined can help researchers understand how far a system is from achieving grid parity. This study will consider some vigorous surveys to clarify which the parameters affect the results.

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441-445

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October 2013

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© 2014 Trans Tech Publications Ltd. All Rights Reserved

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