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Grid Connected PV Systems in Spain: An Economic Assessment with Sensitivity Analysis
R. Peña, A.M. Diez-Pascual, P. Garcia Díaz, J.A. Luceño Sánchez, P. Caño Fernández
Economic Analysis, Funding and Incentives, PV Markets
PV Economics, Markets and Policies
Subtopic: PV Economics and Markets
Event: 35th European Photovoltaic Solar Energy Conference and Exhibition
Session: 7DV.2.9
2169 - 2171
ISBN: 3-936338-50-7
Paper DOI: 10.4229/35thEUPVSEC20182018-7DV.2.9
0,00 EUR
Document(s): paper, poster


This work analyzes the current situation in the Spanish photovoltaic market in terms of profitability of investments for different system configurations: small plants (< 10 kW, typical in residential installations), large plants (some MW) and other systems (commercial, industrial, etc). In all the cases, the calculations assume the PV plants are grid-connected under free market conditions, with no incentives. Parameters such as return on investment and payback period have been calculated with the data collected from several sources. A software tool has been used in order to calculate the aforementioned figures. It can carry out sensitivity analysis, making it possible to study the influence of