Advances in Solar Photovoltaic Grid Parity

Peter Onu, Charles Mbohwa

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

7 Citations (Scopus)

Abstract

The paper briefly considers the most recent literature on solar photovoitaic grid parity with inference to the market price phenomenon for costs and future success of the technology proliferation. The resolution to populate the energy sector with green energy initiatives, and the preparedness to invest in the sustainable pathways to mitigate the ill-effects caused by the use of fossil-based fuels and its dedicated technologies calls for worldwide collaboration/participation, in addition, to evaluate and track achievements'. The present exploratory study extrapolates the cost of PV modules, progress in electricity prices, environmental impact, and cost consideration in operations, and grid integration to have an effect on grid parity. The authors identified different analytical tools used by researchers to evaluate and determine solar PV market prices. A discussion of researchers' resolves on the year to reach grid parity is presented according to findings from literature, based on performances, and compared to the residential PV price parity. The present article is cogent to guide future research in Solar grid parity, and support key players involved in making future techno-innovation decisions on Solar power.

Original languageEnglish
Title of host publicationProceedings of 2019 7th International Renewable and Sustainable Energy Conference, IRSEC 2019
EditorsAbdelaaziz El Hibaoui, Mohamed Essaaidi, Youssef Zaz
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9781728151526
DOIs
Publication statusPublished - Nov 2019
Event7th International Renewable and Sustainable Energy Conference, IRSEC 2019 - Agadir, Morocco
Duration: 27 Nov 201930 Nov 2019

Publication series

NameProceedings of 2019 7th International Renewable and Sustainable Energy Conference, IRSEC 2019

Conference

Conference7th International Renewable and Sustainable Energy Conference, IRSEC 2019
Country/TerritoryMorocco
CityAgadir
Period27/11/1930/11/19

Keywords

  • cost consideration
  • solar grid parity
  • sustainable
  • technology

ASJC Scopus subject areas

  • Renewable Energy, Sustainability and the Environment

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