Assessing the Economic Impacts of Net Metering on Residential Solar Photovoltaic Adoption: A Palestinian Case Study

International Journal of Energy Research, Journal Year: 2025, Volume and Issue: 2025(1)

Published: Jan. 1, 2025

This research evaluates impacts of net metering on residential photovoltaic (PV) adoption in Palestine, focusing PV systems ranging from 2 to 5 kWp. The analysis considers key factors such as energy generation, self‐consumption, self‐sufficiency, and economic viability, with coverage meeting an annual demand 6378 kWh. Under the current net‐metering scheme, 10% discounted exported energy, unused is forfeited at year end. kWp system generated 3405 kWh annually, achieving a self‐consumption rate 63% covering 35% household needs. Conversely, produced 8514 but exhibited lower 31% self‐sufficiency 43%. In terms performance, delivered highest internal return (IRR) 23.60% payback period (DPP) 4.95 years. Meanwhile, 3 4 demonstrated IRRs 23.1% 22.76%, DPPs 5.07 5.15 years, respectively. Although had higher present value $5,626.8 compared $2968.2 for system, latter remained more efficient IRR 23.60%, vs. 22.76% suggesting that offers greater overall profit, yields better returns investment. Nevertheless, despite generating most lowest 16.72% longest DPP 7.20 years due credits Therefore, study recommends households install closely aligned their consumption maximize self‐consumption.

Language: Английский

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Transforming aid-funded renewable energy systems: A case study of policy-driven financial sustainability in rural Bangladesh

Renewable Energy, Journal Year: 2025, Volume and Issue: unknown, P. 122752 - 122752

Published: Feb. 1, 2025

Language: Английский

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Application of spiking neural networks and traditional artificial neural networks for solar radiation forecasting in photovoltaic systems in Arab countries

Neural Computing and Applications, Journal Year: 2025, Volume and Issue: unknown

Published: March 1, 2025

Language: Английский

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An economic analysis of tidal energy to support sustainable development

World Development Sustainability, Journal Year: 2024, Volume and Issue: 5, P. 100184 - 100184

Published: Oct. 6, 2024

Language: Английский

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