Scenarios of photovoltaic grid parity in Colombia

Translated title of the contribution: Scenarios of photovoltaic grid parity in Colombia

Maritza Jiménez, Lorena Cadavid, Carlos J. Franco

Research output: Contribution to journalArticle in an indexed scientific journalpeer-review

16 Scopus citations

Abstract

In this article, we determined the residential Photovoltaic Grid Parity in 11 Colombian cities, by comparing grid energy prices offered by the local companies and the photovoltaic microgeneration cost for an average household. In order to do that, we developed a financial model, which considers the initial investment, cost of battery replacement, efficiency loss of photovoltaic technology and discount rate, among other variables, to determine the solar technology investment feasibility. It was found, in the base scenario, that on 2014 most of the considered cities have reached grid parity, while three of them will reach it between 2015 and 2021. Other scenarios, which consider higher discount rate, higher initial investment and slower learning curves, show similar results, where most cities will reach the grid parity before of 2028.

Translated title of the contributionScenarios of photovoltaic grid parity in Colombia
Original languageEnglish
Pages (from-to)237-245
Number of pages9
JournalDYNA (Colombia)
Volume81
Issue number188
DOIs
StatePublished - 1 Dec 2014
Externally publishedYes

Bibliographical note

Publisher Copyright:
© The author; licensee Universidad Nacional de Colombia.

Keywords

  • Energy microgeneration
  • Grid parity
  • Learning curves
  • Photovoltaic system

Fingerprint

Dive into the research topics of 'Scenarios of photovoltaic grid parity in Colombia'. Together they form a unique fingerprint.

Cite this