Do shadowing conditions affect the economics of photovoltaic systems?

Installing photovoltaic (PV) systems is an essential step for low-carbon development. The economics of PV systems are strongly impacted by the electricity price and the shadowing effect from neighboring buildings. This study evaluates the PV generation potential and economics of 20 cities in China under three shadowing conditions.

How does solar PV power generation work?

Solar PV power generation utilizes photoelectric effect to directly convert solar energy into electricity, which is a direct photoelectric conversion mode. CSP is light-heat-electric conversion mode which converts the absorbed heat energy into steam through a solar collector and then drives a steam turbine to generate electricity.

What is the environmental value of PV power generation?

The environmental value of energy conservation and emission reduction of PV power generation can be equated to the value of standard coal consumption and the environmental value of pollutant emissions that are avoided by using PV power generation compared to traditional thermal power generation with the same amount of electricity.

Will solar PV be the future of electricity?

In the REmap analysis 100% electricity access is foreseen by 2030, in line with the Sustainable Development Goals, and solar PV would be the major contributor to this achievement. costs are expected to reduce further, outpacing fossil fuels by 2020 (IRENA, 2019f).

Why do we need a photovoltaic system?

Provided by the Springer Nature SharedIt content-sharing initiative Installing photovoltaic (PV) systems is an essential step for low-carbon development. The economics of PV systems are strongly impacted by the electricity

Is solar PV a competitive source of new power generation capacity?

Solar PV is emerging as one of the most competitive sources of new power generation capacity after a decade of dramatic cost declines. A decline of 74% in total installed costs was observed between 2010 and 2018 (Figure 10).