Journal
ENERGY POLICY
Volume 67, Issue -, Pages 612-617Publisher
ELSEVIER SCI LTD
DOI: 10.1016/j.enpol.2013.11.064
Keywords
Photovoltaics; Net metering; Brazil
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This paper examines the economic viability of small-scale, grid-connected photovoltaics in the Brazilian residential and commercial sectors after the introduction of the net metering regulation in April 2012. This study uses the discounted cash flow method to calculate the specific investment costs that are necessary for photovoltaic systems to be economically viable for each of the 63 distribution networks in Brazil. We compare these values to the system costs that are estimated in the comprehensive study on photovoltaics that was developed by the Brazilian Association of Electric and Electronic Industries (ABINEE). In our calculation, we utilize the current electricity tariffs, including fees and taxes, which we obtained through telephone interviews and publicly available information. We obtained a second important parameter by simulating PV-systems with the program PV*Sol at the distribution company headquarters' locations. In our base case scenario that reflects the current situation, in none of the distribution networks photovoltaics is economically viable in either the commercial or residential sectors. We improved the environment for grid-connected photovoltaics in our scenarios by assuming both lower PV-system costs and a lower discount rate to determine the effect on photovoltaics viability. (C) 2013 Elsevier Ltd. All rights reserved.
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