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
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
20704 - Energy and fuels
Result continuities
Project
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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
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ISSN
2261-236X
e-ISSN
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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
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