Publication detail

PV panels as a renewable energy source for residential building – An economical comparison before and during the energy crisis

BRANDTNER, M. SOTOLÁŘ, V. BOHÁČEK, A. VENKRBEC, V.

Original Title

PV panels as a renewable energy source for residential building – An economical comparison before and during the energy crisis

Type

conference paper

Language

English

Original Abstract

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.

Keywords

Photovoltaic panels; PV; financial return; ventilated facade; renewable energy sources; environment; costs; apartment building

Authors

BRANDTNER, M.; SOTOLÁŘ, V.; BOHÁČEK, A.; VENKRBEC, V.

Released

30. 10. 2023

Publisher

EDP Sciences

ISBN

2261-236X

Periodical

MATEC Web of Conferences

Year of study

385

State

French Republic

Pages from

1

Pages to

10

Pages count

10

URL

https://www.matec-conferences.org/articles/matecconf/abs/2023/12/matecconf_ys2023_01011/matecconf_ys2023_01011.html

Full text in the Digital Library

http://hdl.handle.net/11012/245079

BibTex

@inproceedings{BUT185051,
  author="Michal {Brandtner} and Václav {Sotolář} and Adam {Boháček} and Václav {Venkrbec}",
  title="PV panels as a renewable energy source for residential building – An economical comparison before and during the energy crisis",
  booktitle="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)",
  year="2023",
  journal="MATEC Web of Conferences",
  volume="385",
  pages="10",
  publisher="EDP Sciences",
  doi="10.1051/matecconf/202338501011",
  issn="2261-236X",
  url="https://www.matec-conferences.org/articles/matecconf/abs/2023/12/matecconf_ys2023_01011/matecconf_ys2023_01011.html"
}