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PV panels as a renewable energy source for residential building – An economical comparison before and during the energy crisis

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26110%2F23%3APU149293" target="_blank" >RIV/00216305:26110/23:PU149293 - isvavai.cz</a>

  • Result on the web

    <a href="https://www.matec-conferences.org/articles/matecconf/abs/2023/12/matecconf_ys2023_01011/matecconf_ys2023_01011.html" target="_blank" >https://www.matec-conferences.org/articles/matecconf/abs/2023/12/matecconf_ys2023_01011/matecconf_ys2023_01011.html</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.1051/matecconf/202338501011" target="_blank" >10.1051/matecconf/202338501011</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    PV panels as a renewable energy source for residential building – An economical comparison before and during the energy crisis

  • Original language description

    The application of renewable energy sources is a current trend today due to the limited sources of fossil. A substantial part of these energy sources is solar radiation. The development of electricity prices was significantly affected by two global crises, the COVID-19 pandemic and the energy crisis associated with the Russia-Ukraine conflict. The essence of the article is to compare the economic sense and appropriateness of investing in a photovoltaic power plant system and its return over time, considering the prediction of the development of electricity prices between 2020 and 2023 and subsequently also with a 15-year price prediction. The article deals with investment, energy consumption and financial evaluation of a PV system with PV panels installed on the ventilated façade of a residential building in the Czech Republic. The conclusions of the article show that the increase in investment in the PV panels themselves between 2020 and 2023 is a crucial factor for the return of the entire system. Predictive models of the development of electricity prices and associated liquidity of the investment also play a significant role in this issue.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    20704 - Energy and fuels

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2023

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    MATEC Web Conf. Volume 385, 2023, The 15th International Scientific Conference of Civil and Environmental Engineering for the PhD. Students and Young Scientists – Young Scientist 2023 (YS23)

  • ISBN

  • ISSN

    2261-236X

  • e-ISSN

  • Number of pages

    10

  • Pages from-to

    1-10

  • Publisher name

    EDP Sciences

  • Place of publication

    neuveden

  • Event location

    Štrbské pleso

  • Event date

    Mar 29, 2023

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article