Economic and regulatory feasibility of solar PV in the Austrian multi-apartment housing sector

Nadejda Komendantova; Markus Manuel Schwarz; Wolfgang Amann; Nadejda Komendantova; Markus Manuel Schwarz; Wolfgang Amann

doi:10.3934/energy.2018.5.810

AIMS Energy

2018, Volume 6, Issue 5: 810-831. doi: 10.3934/energy.2018.5.810

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Research article

Economic and regulatory feasibility of solar PV in the Austrian multi-apartment housing sector

1.
International Institute for Applied Systems Analysis (IIASA), Schlossplatz 1, A-2361, Laxenburg, Austria
2.
Energy Institute at the Johannes Kepler University of Linz, Austria
3.
International Institute for Real Estate, Construction and Housing, Vienna, Austria

Received: 12 July 2018 Accepted: 21 September 2018 Published: 28 September 2018

Austria established energy policy targets to decarbonize the housing sector with an increasing usage of low carbon electricity. Solar photovoltaic (PV) is one of the technologies being used to reach this target. Currently, the deployment of PV in the multi-apartment building sector is supported by subsidies. Taking into account the available potential and the policy goals for large-scale PV deployment in the residential sector in Austria, this paper investigates the economic feasibility of PV generation in multi-apartment buildings in the absence of subsidies. It also looks at the necessary regulatory conditions for implementation of economically feasible business models for PV generation in multi-apartment buildings. The empirical data for current research came from case studies of three actual projects, which were implemented by stakeholders with practical experience and knowledge in residential PV.
- photovoltaic,
- levelized costs of electricity,
- decentralized energy generation,
- building sector,
- business models
Citation: Nadejda Komendantova, Markus Manuel Schwarz, Wolfgang Amann. Economic and regulatory feasibility of solar PV in the Austrian multi-apartment housing sector[J]. AIMS Energy, 2018, 6(5): 810-831. doi: 10.3934/energy.2018.5.810

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Abstract

Austria established energy policy targets to decarbonize the housing sector with an increasing usage of low carbon electricity. Solar photovoltaic (PV) is one of the technologies being used to reach this target. Currently, the deployment of PV in the multi-apartment building sector is supported by subsidies. Taking into account the available potential and the policy goals for large-scale PV deployment in the residential sector in Austria, this paper investigates the economic feasibility of PV generation in multi-apartment buildings in the absence of subsidies. It also looks at the necessary regulatory conditions for implementation of economically feasible business models for PV generation in multi-apartment buildings. The empirical data for current research came from case studies of three actual projects, which were implemented by stakeholders with practical experience and knowledge in residential PV.

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