The modern issues of the solar renewable energy

This paper presents the current policy context that encourages the use of renewable energy sources given unstable electricity prices in Europe. The evolution of the technologies used to manufacture photovoltaic panels has made their performance increase in recent years and their price affordable. Th...

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Main Authors: Fratita, Michael, Popescu, Florin, Rusu, Eugen
Format: Conference Proceeding
Language:English
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Electricity pricing
Panels
Renewable energy sources
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creator Fratita, Michael
Popescu, Florin
Rusu, Eugen
description This paper presents the current policy context that encourages the use of renewable energy sources given unstable electricity prices in Europe. The evolution of the technologies used to manufacture photovoltaic panels has made their performance increase in recent years and their price affordable. The instability of electricity prices and attractive prices are the main reasons why many domestic electricity consumers are installing photovoltaic panels on the roofs of their houses or on the ground, thus becoming electricity producers. These panels will support the electricity needs of the home and the excess production can be stored in batteries or fed into the grid for neighbours. The paper also presents a scenario that could lead to grid instability in the event of an overproduction of electricity produced by photovoltaic systems feeding electricity into the grid.
doi_str_mv 10.1063/5.0171417
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source American Institute of Physics:Jisc Collections:Transitional Journals Agreement 2021-23 (Reading list)
subjects Electricity pricing
Panels
Renewable energy sources
title The modern issues of the solar renewable energy
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