Abstract
Recent economic developments have signalled that self-consumption of
photovoltaics (PV)-generated electricity could be financially more
attractive than exporting it to the grid in many countries. As an
emerging PV technology, organic photovoltaics (OPV) have been recognized
as potential bearer of economic and environmental gains. Yet, could OPV
deliver a profitable investment and environmental impact reductions in
the context of residential electricity self-consumption? Here, we
conduct a study of unprecedented scoping that combines both economic
analysis and life cycle assessment to gauge OPV self-consumption with or
without battery storage for household settings. The upscaling of OPV
technologies from pilot- to industrial scale was modelled, and we used
the two contrasting cases of Denmark and Greece to identify potential
patterns. Our economic results indicate that the addition of battery
storage is not financially viable unless battery costs are reduced by
more than 10% for Greece and 30% for Denmark. Furthermore, we identify
OPV cost thresholds of 0.9 €/Wp for Denmark and 1.6 €/Wp for Greece,
below which OPV-battery systems are more cost-effective than OPV systems
without battery. Building on the economic analysis, we find that
battery storage can improve the environmental performances of OPV
systems under certain conditions on the battery costs, the capacity of
the cost-optimal OPV-battery system, and the environmental impacts of
the battery. Furthermore, the composition of the electricity grid mix in
the country studied was found to be an important factor to determine
where OPV self-consumption was environmentally beneficial. These
findings can support energy policy-makers in their development of energy
strategies as well as OPV technology developers, who should adopt a
systemic approach and integrate battery storage and the balance of
system within their development phases.
Original language | English |
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Article number | 113977 |
Journal | Applied Energy |
Volume | 256 |
Number of pages | 13 |
ISSN | 0306-2619 |
DOIs | |
Publication status | Published - 2019 |
Keywords
- Organic photovoltaics
- Economic analysis
- Cost optimisation
- Life cycle assessment
- LCA
- Electricity self-consumption