Economic Impact of New Pricing Policies on Solar PV Households in the Netherlands

Farshid Norouzi; Aditya Shekhar; Thomas Hoppe; Pavol Bauer

doi:10.1109/ISGTEUROPE56780.2023.10407212

Economic Impact of New Pricing Policies on Solar PV Households in the Netherlands

Farshid Norouzi, Aditya Shekhar, Thomas Hoppe, Pavol Bauer

Research output: Chapter in Book/Conference proceedings/Edited volume › Conference contribution › Scientific › peer-review

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Abstract

The widespread adoption of solar photovoltaic (PV) technology as a prominent renewable energy source has significant implications for the economy of households and distribution system operators (DSOs). It is crucial to analyse these impacts in light of recent pricing policy changes, including Real-Time Pricing (RTP), Time-of-Use (TOU), and Feed-in Tariffs (FiT). This study analyses the impact of pricing policies based on actual load consumption, pricing rate, and PV generation data. An economic comparison of various scenarios for a typical household in the Netherlands is conducted by determining the optimal values for PV size. The findings suggest that transitioning to RTP policies reduces households’ economic advantages. The introduction of FiT further diminishes the financial benefits for households and increases the Payback period (PP). Moreover, the study reveals that imposing an export power limit of less than 3 kW can increase households’ energy costs.

Original language	English
Title of host publication	Proceedings of 2023 IEEE PES Innovative Smart Grid Technologies Europe, ISGT EUROPE 2023
Publisher	IEEE
Number of pages	5
ISBN (Electronic)	9798350396782
DOIs	https://doi.org/10.1109/ISGTEUROPE56780.2023.10407212
Publication status	Published - 2023
Event	2023 IEEE PES Innovative Smart Grid Technologies Europe, ISGT EUROPE 2023 - Grenoble, France Duration: 23 Oct 2023 → 26 Oct 2023

Publication series

Name	IEEE PES Innovative Smart Grid Technologies Conference Europe

Conference

Conference	2023 IEEE PES Innovative Smart Grid Technologies Europe, ISGT EUROPE 2023
Country/Territory	France
City	Grenoble
Period	23/10/23 → 26/10/23

Bibliographical note

Green Open Access added to TU Delft Institutional Repository ‘You share, we take care!’ – Taverne project https://www.openaccess.nl/en/you-share-we-take-care
Otherwise as indicated in the copyright section: the publisher is the copyright holder of this work and the author uses the Dutch legislation to make this work public.

Keywords

Economic comparison
Feed-in Tariff (FiT)
Photovoltaic (PV)
Real-Time Pricing (RTP)
Time-of-Use (TOU)

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1109/ISGTEUROPE56780.2023.10407212

Economic_Impact_of_New_Pricing_Policies_on_Solar_PV_Households_in_the_NetherlandsFinal published version, 439 KB

Cite this

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title = "Economic Impact of New Pricing Policies on Solar PV Households in the Netherlands",

abstract = "The widespread adoption of solar photovoltaic (PV) technology as a prominent renewable energy source has significant implications for the economy of households and distribution system operators (DSOs). It is crucial to analyse these impacts in light of recent pricing policy changes, including Real-Time Pricing (RTP), Time-of-Use (TOU), and Feed-in Tariffs (FiT). This study analyses the impact of pricing policies based on actual load consumption, pricing rate, and PV generation data. An economic comparison of various scenarios for a typical household in the Netherlands is conducted by determining the optimal values for PV size. The findings suggest that transitioning to RTP policies reduces households{\textquoteright} economic advantages. The introduction of FiT further diminishes the financial benefits for households and increases the Payback period (PP). Moreover, the study reveals that imposing an export power limit of less than 3 kW can increase households{\textquoteright} energy costs.",

keywords = "Economic comparison, Feed-in Tariff (FiT), Photovoltaic (PV), Real-Time Pricing (RTP), Time-of-Use (TOU)",

author = "Farshid Norouzi and Aditya Shekhar and Thomas Hoppe and Pavol Bauer",

note = "Green Open Access added to TU Delft Institutional Repository {\textquoteleft}You share, we take care!{\textquoteright} – Taverne project https://www.openaccess.nl/en/you-share-we-take-care Otherwise as indicated in the copyright section: the publisher is the copyright holder of this work and the author uses the Dutch legislation to make this work public. ; 2023 IEEE PES Innovative Smart Grid Technologies Europe, ISGT EUROPE 2023 ; Conference date: 23-10-2023 Through 26-10-2023",

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doi = "10.1109/ISGTEUROPE56780.2023.10407212",

language = "English",

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Norouzi, F , Shekhar, A , Hoppe, T & Bauer, P 2023, Economic Impact of New Pricing Policies on Solar PV Households in the Netherlands. in Proceedings of 2023 IEEE PES Innovative Smart Grid Technologies Europe, ISGT EUROPE 2023. IEEE PES Innovative Smart Grid Technologies Conference Europe, IEEE, 2023 IEEE PES Innovative Smart Grid Technologies Europe, ISGT EUROPE 2023, Grenoble, France, 23/10/23. https://doi.org/10.1109/ISGTEUROPE56780.2023.10407212

Economic Impact of New Pricing Policies on Solar PV Households in the Netherlands. / Norouzi, Farshid ; Shekhar, Aditya ; Hoppe, Thomas et al.
Proceedings of 2023 IEEE PES Innovative Smart Grid Technologies Europe, ISGT EUROPE 2023. IEEE, 2023. (IEEE PES Innovative Smart Grid Technologies Conference Europe).

Research output: Chapter in Book/Conference proceedings/Edited volume › Conference contribution › Scientific › peer-review

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N2 - The widespread adoption of solar photovoltaic (PV) technology as a prominent renewable energy source has significant implications for the economy of households and distribution system operators (DSOs). It is crucial to analyse these impacts in light of recent pricing policy changes, including Real-Time Pricing (RTP), Time-of-Use (TOU), and Feed-in Tariffs (FiT). This study analyses the impact of pricing policies based on actual load consumption, pricing rate, and PV generation data. An economic comparison of various scenarios for a typical household in the Netherlands is conducted by determining the optimal values for PV size. The findings suggest that transitioning to RTP policies reduces households’ economic advantages. The introduction of FiT further diminishes the financial benefits for households and increases the Payback period (PP). Moreover, the study reveals that imposing an export power limit of less than 3 kW can increase households’ energy costs.

AB - The widespread adoption of solar photovoltaic (PV) technology as a prominent renewable energy source has significant implications for the economy of households and distribution system operators (DSOs). It is crucial to analyse these impacts in light of recent pricing policy changes, including Real-Time Pricing (RTP), Time-of-Use (TOU), and Feed-in Tariffs (FiT). This study analyses the impact of pricing policies based on actual load consumption, pricing rate, and PV generation data. An economic comparison of various scenarios for a typical household in the Netherlands is conducted by determining the optimal values for PV size. The findings suggest that transitioning to RTP policies reduces households’ economic advantages. The introduction of FiT further diminishes the financial benefits for households and increases the Payback period (PP). Moreover, the study reveals that imposing an export power limit of less than 3 kW can increase households’ energy costs.

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ER -

Economic Impact of New Pricing Policies on Solar PV Households in the Netherlands

Abstract

Publication series

Conference

Bibliographical note

Keywords

UN SDGs

Access to Document

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